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The Peter Schiff Show Podcast

Looting is Socialism without the Middle Man – Ep 579

The Peter Schiff Show Podcast

Peter Schiff

Business News, Business, Investing, News, Politics

4.65.9K Ratings

🗓️ 2 June 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

Rioting now being used to advance Socialist policies.

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Transcript

Click on a timestamp to play from that location

0:00.0

The Peter Schiff Show.

0:09.5

I'm re-recording the podcast that I recorded live earlier this evening on YouTube.

0:18.3

And the reason that I took the earlier version down is in reviewing the comments that I was

0:24.6

getting. It was clear to me that too many people were coming to the wrong conclusion that

0:31.1

I was excusing or trying to condone the actions of the officers who were involved in the death

0:40.2

of George Floyd. That was certainly not the case. I mean, I was outraged when I saw that

0:48.6

video just like everybody else. And so what I was really trying to do was also condemn the

0:59.6

individuals who were trying to exploit this tragedy for personal or political gain. So as bad as

1:11.7

that individual death was what was being done in the name of justice is actually far worse and has

1:23.5

much more or far broader consequences that really need to be discussed. Not that I want to diminish

1:33.0

what happened to Mr. Floyd or diminish the loss that his family is now grieving. That is not

1:45.4

the point. My point is that the entire nation is going to end up grieving a far greater loss

1:53.5

when it comes to individual liberty and economic freedom. As a result of a lot of misguided,

2:00.4

though maybe well intentioned legislation, that to me, it seems as obvious going to follow

2:10.4

based on the mood of the nation and what has been the fears that have now been stoked in response

2:19.6

to what happened. And in particular, you look at the reactions from AOC who is using this to further

2:30.0

advance her socialist agenda by trying to legitimize the looters and trying to portray them

2:38.7

as the equivalent of freedom fighters. And that she wants to broker a truce between these freedom

2:47.0

fighters and a nation that is denying them freedom. And what she wants in order to call off the

2:54.4

violence, to call off the looting, is for this laundry list of socialist programs to be enacted.

3:02.4

We need to provide the looters with government housing, government health care, government education,

3:10.0

jobs, all sorts of things that she believes individuals are entitled to. And she believes they're

...

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