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Peter Schiff: Our Children May Have To Lead A Violent Revolution To Bring Back Capitalism

from a totalitarian state...

Some people fear public speaking. Others fear spiders.
Peter Schiff's single greatest fear is that over-regulation, too much Fed intervention, and anti-business sentiment will eventually cause capitalism to come to an end.

Read more at Business Insider

Direct link to King World News interview

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FML

o well better get ready for it because its coming whether we like it or not.

Cronyism in America. Good video

http://www.youtube.com/watch?v=qiMaipssKt4

BTW - Willard loves crony capitalism just like the President. Same as the old boss...

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

Bring back the FREE MARKET, not "Capitalism"

Karl Marx's term for merchantile trade was "capitalism" ....

We Free Traders were against Merchantilism then and we are against it now when its called Capitalism.

Please always use the term FREE TRADE when talking about what we want to see. We are not interested in a defense of the current "capitalist system", We are interested in bringing about a truly revolutionary worldwide system of FREE TRADE all based upon well defined private property rights.

To do this, private property rights must advance into areas its never been before. Libertarainism is cool stuff, but the rubber meets the road with the science & art of libertarian private property law. We lack the legal libertarian scholars who can literally ENGINEER our free society via good private property laws where no man has gone before.

What does a private property legal description of Interstate 10 look like? What does the private property legal description of the airspace 400 feet above a freeway look like? What does the private property description of a river look like? What does a private property description of "owning the orangutan habitat" look like? What does the private property description of a bahama coral reef look like? What does the private property description of owning an elephant herd look like?

We know that such ownership must take place because socialization of ownership (govt ownership) has lead us down the path to exploitation and extinction. Panama has lead the way with its Resort/Nature Preserve privatization called the Gamboa Rainforest Resort. http://www.gamboaresort.com/ And we know that privatatazion of the florida alligator pulled it off the endangered list. But we still own collectively its habitat, the Everglades. That natural system is very valuable if privatized. And if privatized, it would be protected, not drained and killed.

A true FREE TRADE system avoids the problems found in Capitalism: ie 'tradgety of the commons' problem and the 'negative externalities' problem and the 'extinction of wildlife problems' and the 'government created/regulated monopolies' problem that are all endemic to the militaristic-monetary-merchantile Capitalism that we live with today.

Treg

Yes, please BUY this wonderful libertarian BOOK! We all must know the History of Freedom! Buy it today!

"The System of Liberty: Themes in the History of Classical Liberalism" ...by author George Smith --
Buy it Here: http://www.amazon.com/dp/05211820

reedr3v's picture

Count on BI to sensationalize Peter's

minor comment rather than seriously consider his main economic points.

Highly Probable...

A collapse is certain because government refuses to return to its constitutional limits and it refuses to practice sound economic principles and have sound money.

We have already passed the point of recovery and of a peaceful restoration of the Republic, IMO; politically, economically, societally and governmentally.

Hanging on to one's desperate dreams, fervent-hopes and wishes that this were not so, well, that simply plays into the inevitable collapse because a sufficient number of people are not willing to take sufficiently bold and abrupt actions to change the course, due to those desperate-dreams and fervent-hopes.

Ultimately, because of our fears, false-hopes and open cowardice, we, or our children, or our grandchildren, will be left with no other option but 'Liberty's Teeth' to make it happen. Of course, that presupposes that 'Liberty's Teeth' are not banned and confiscated by then, once again due to OUR cowardice and self-delusions of 'change from within'.

It is what it is...and what it is, is coming fast and hard, like an out-of-control freight train.

It won't be just our children and grandchildren forced into

revolution or civil war. We will be part of it too. This uprising in not something that is far in the future. It is knocking at the door today. The revolution point is reached when the pain and suffering from continuing with a system of plunder and control exceeds the pain people think will come from revolting. Saying that it will be the burden of our children and grandchildren is just a psychological defense many people use to avoid recognizing reality, and rationalization for not doing it now.

So the question is how much pain can people stand before they fight to end their slavery or serfdom, and the answer is not much more.

The collapse of the current fraudulent monetary system is in progress. Freedom is under constant attack as government expands. And the real devastation on the near horizon is the lack of energy to fuel the industrial age. Without adequate energy the economy will continue to contract and we will enter a life and death struggle to survive on a planet with 7 billion people, but which was designed to only sustain 20% of that using renewable resources, and we have already reached these constraints.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

Finally someone sees the reality!

I've been down voted several times for making the same point. Nice to finally see a story based on reality rather than wishful thinking on the DP.

GIVE ME LIBERTY OR GIVE ME DEATH!!! FOOT SOLIDER FOR FREEDOM!!

Finally someone sees the reality!

I've been down voted several times for making the same point. Nice to finally see a story based on reality rather than wishful thinking on the DP.

GIVE ME LIBERTY OR GIVE ME DEATH!!! FOOT SOLIDER FOR FREEDOM!!

Finally someone sees the reality!

I've been down voted several times for making the same point. Nice to finally see a story based on reality rather than wishful thinking on the DP.

GIVE ME LIBERTY OR GIVE ME DEATH!!! FOOT SOLIDER FOR FREEDOM!!

intersting pointless point so

intersting pointless point

so our children lead the revoltuion

while the other 90% of Americans children follow the flag, revel in false propaganda, and murder the revolutionaries. i guess thats a more accurate picture.

The war will happen

sooner rather than later. That's why we need Ron Paul elected President. I'm not saying he'll prevent anything, but he will help us be in a better position to survive the coming upheval.

If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.
James Madison

Yeah, but....

...that isn't gonna happen and you damn-well better wrap your mind around it and start thinking ahead.

I Don't Think There is Any Question About That!

There is nothing left for the next generation but joblessness and despair. Our currency has been destroyed and our industrial base has been gutted. There is no end to the debt that congress has created by enacting all the unconstitutional legislation..

At least with Ron Paul in the drivers seat we might go into the ditch for awhile. If we continue with either Obama or Romulan we go over the cliff and destroy our republic..

We owe it to the next generation to at least try and get Paul nominated and elected. If we fail to do that all hell is going to break out.

America...WAKE UP..PLEASE!

so true

so true

glad someone

is finally getting it.

As much as I hate it, we know what Jefferson said about the tree of liberty.

Jackson County Georgia

War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.
Thomas Jefferson

Quite the proclamation

Im hearing more and more of this type of stuff

For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

Why do You Suppose...

...that is?

Are you surprised, or fearful, or do you object to the talk, or to the concept? Do you disagree? Will you be Patriot, or Tory when that dread day arrives?

I can't believe all the embicilic comments to that article

Are so many people totally clueless and blind? Schiff is right - we're heading for a major crash, the free market WILL get blamed and not the gov't, and it very well may take a violent revolution to return our nation to what the Founders intended... I just don't think it will be our grandchildren leading the revolution.

Our family's journey from the Rocket City to the Redoubt: www.suburbiatosimplicity.com

Some of us may not want to

Some of us may not want to wait for "the grandchildren".