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January 26, 2012

We Are Not A Collectivist Society

But the President also displayed a significant lack of understanding of capitalism, of American History and one of the many things that he said was that we owe our success as a nation to the fact that we work as a team. No we Don`t!

We owe our success to the fact the we are individuals in America. We are not a team, this is not a collectivist society. We all work for ourselves, we all pursue our self-interests. We have a Constitution that speaks about individual rights, property rights. These are not "team" rights. - in The Schiff Report, January 25th

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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