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Democrats to radio talk show host: Ban corporate profits

In a video posted to YouTube on Wednesday, Democrats at the convention in Charlotte, North Carolina, told radio talk show host Peter Schiff that corporate profits should be banned.

Delegates at DNC convention express support for banning corporate profits
Streeter Lecka/Getty Images

"We should have corporate losses," one woman at the convention told Schiff.

"You actually want to force corporations to lose money?" he asked the woman.

"Yeah, I think so," she said.

Schiff went to the convention posing as an anti-business liberal to see how far some Democrats were willing to go.

The video, which can be seen here, starts with Schiff introducing himself to Van Jones, who declined to speak with him.

Time and again, convention attendees agreed that a law should be passed banning profits or placing a cap on what corporations can make.

"I don't think one person should be able to make, like, 100 million dollars in one year, and just keep all that money," he said to one woman who nodded as he spoke.

"I tend to agree with you," the woman said.

One woman told Schiff she would support "anything" Obama wants to do.

"I would support anything my president wants to do," she told Schiff.

"Anything?" he asked.

"Anything," she responded.

"You happen to be one of the smartest people I've met since I've been down here," one woman told Schiff.

While revealing, an article at The Blaze questioned Schiff's tactic "from a journalistic perspective," and warned "against taking his results as representative of the entire convention..."

The idea of government dictating what businesses can make, however, is not new.

In January, we reported that Rep. Dennis Kucinich (D-OH) and other Democrats co-sponsored a bill to institute a "Reasonable Profits Board" that would tell oil companies how much profit they can make.


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