Thursday, November 10, 2011

Peter Schiff : the capitalism created the American middle class not the government programs

Peter Schiff on Goldseek Radio - 09 Nov 2011

Peter Schiff : you do not blame a company for accepting the government bailout , you blame the government for using tax payers money to pay for these bailouts , these bailouts are not part of capitalism , failure is part of capitalism , the protesters want the government to steal from the rich and they want their part of the loot , the American middle class as not created with these social programms welfare medicare social security the government labor laws and the government labor unions was capitalism that created the middle class not the government

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