Peter Schiff, author, financial commentator, CEO and chief global strategist of Euro Pacific Capital Inc., and of Euro Pacific Precious Metals, LLC., spent three hours to investigate and educate the Occupy Wall Street protesters in Manhattan’s Zuccotti Park.
Reason.tv followed Schiff, as he carried around a sign in Zuccotti Park and among protesters, indicating that he was proudly “the 1%,” which is another way of saying that he is the wealthy top tier of income earners in the nation. This was not done to flaunt his wealth, stir up violence or to counter-protest on behalf of the wealthy. Schiff, a vocal libertarian, was attempting to attract an audience willing to share their views with him and listen to his opinion as to whom protesters should direct their anger.
Peter Schiff, believes that the government, crony capitalist and the Federal Reserve are the real culprits for the economic problems in our nation. Schiff, is not only a successful business leader, but he has also made some amazing economic predictions that came true. Schiff predicted the U.S. economic collapse and housing market crash. He is also known for his accurate predictions of the rise and decline of worldwide currency markets.
Schiff, wanted to investigate the occupy Wall Street movement to see if those protesting held pro-capitalist views or socialist views while being filmed by Reason.tv. The exchange between Schiff and protesters revealed many held radical ideas, but in the mix of the radicalism Schiff was able to find a few that agreed with his Libertarian view point. Schiff spent much of his time attempting to shift protester outrage from Wall Street to the White House or the Federal Reserve which he views as the real cause of the economic problems in our nation.
The full video of Peter Schiff and his confrontation with Occupy Wall Street protesters can be seen on Reason.tv.
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