Peter Schiff's Critiques of Socialism (interviewed by Joe Rogan)

Posted by freedomforall 2 months ago to Philosophy
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"Joe Biden wants to increase the corporate tax rate from about 40% where it is now to 60 to 70%... it really is fascism because the government ends up owning all these businesses ... if you take more than half of the income of a business, you basically own that business.... So the government is really nationalizing these corporations through taxation. And its not just the corporations. Its really the individual shareholders."
And it also affects the customers because corporations do not actually pay taxes. They pass along the taxes for their customers to pay through higher prices of products.
SOURCE URL: https://youtu.be/wptZGgsMGuA


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  • Posted by SilentScream 2 months ago
    Thank you for sharing. 2 1/2 hours into the full interview & I've gotta admit, he makes a lot of sense and it explains a lot about current events and how we got into these predicaments. He also more clearly explains some of the same points that my brother has been making in our back porch conversations.
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    • Posted by $ Dobrien 2 months ago
      Hello SilentScream,
      You might find this interesting. It is an interview relating to a Tax-exempt Foundations as told by Norman Dodd who was tasked to investigate them in the early 1950’s.
      https://www.youtube.com/watch?v=GgL8r...
      Here is an excerpt from the interviews transcript.

      Alan Gaither was, at that time, President of the Ford Foundation. Mr. Gaither had sent for me when I found it convenient to be in New York, asked me to call upon him at his office, which I did. On arrival, after a few amenities, Mr. Gaither said, "Mr. Dodd, we have asked you to come up here today because we thought that, possibly, off the record, you would tell us why the Congress is interested in the activities of foundations such as ourselves."

      Before I could think of how I would reply to that statement, Mr. Gaither then went on to say, "Mr. Dodd, all of us who have a hand in the making of policies here, have had experience operating under directives, the substance of which is, that we use our grant-making power so as to alter life in the United States that it can be comfortably merged with the Soviet Union."
      http://www.supremelaw.org/authors/dod...
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      • Posted by SilentScream 2 months ago
        Thanks, Dobrien! After the 3 hr long full JRE interview with Schiff, I re-visited his 2 hr long Q&A with the Occupy Wall Street people (with a different mind now than I had when I watched it back then) & then heard the interview that you shared before going to bed. I hadn't seen/heard it, but it does seem to match up with some of the things said in this interview 2 years later (1984) with Yuri B. (ex-KGB who defected to US) https://youtu.be/Z1EA2ohrt5Q

        I'm a flint-knapper (which admittedly is less "essential" skill & more a production of novelty, but I have buyers willing to pay so it helps make a little extra income), so it's not like I was glued to the screen all day & not getting anything else done. Still, I may have gone a little too far "down the rabbit hole" for one day & wound up a little less certain of what I can actually do IRL (which I guess is pretty normal when stepping from the boundaries of what can be accomplished with current knowledge/resources into new territory with more new questions than answers), so my goal for today is to try to balance it out with finding answers for "What actions & investments should I be taking right now with the limited time & resources that I'm working with to bring more value & self-sufficiency to myself & my community?"

        As I mentioned before in other comments, it almost feels like I'm in a video game surrounded by non-player-characters who are being spoon-fed divisive/un-healthy information & buying into the free money schemes (only hurting themselves and our communities). All sources have flaws and limited scope & I'm trying to sort through all the fuzzy logic and cognitive biases (both in myself and others) to find & share more accurate and effective truth, but man, it's a HARD and lonely task while everyone else is at each other's throats still arguing about trivial things like masks & bi-polar political views without first making VERY sure that their votes/views are actually accurately being counted (not helping our odds of saving ourselves). Each individual level of knowledge/understanding seems to need to find a different piece of the puzzle to find their next step forward and every time I find where I was wrong & take another step forward, I look back at things I've shared with others and cringe, hoping my "good intentions" didn't lead anyone else down "the road to hell", but trying to find hope in telling myself that maybe it at least had enough value to serve as a next piece of the puzzle that someone else at the same level of knowledge/understanding might have needed to take their next step. I do know that the butterfly effect is huge, that "words have a lot of power", and that "we know not what we do", so I can forgive & move forward only by NOT pretending to "know" how. Life is heavy, man, and a tricky thing to sort out.
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