Peter Schiff: The Ability to Steal Doesn’t Make Theft Right


SchiffSpeakingPeter Schiff discusses in this video why the mob doesn’t have a right to steal his money, and he warns Americans about the continuing assault on the wealthy.

I have no doubt that the mob has the means to steal my money, the government has given them the means, we have destroyed the protections that were afforded [to] me by the constitution, and yes the mob does have the means to steal from me, but that doesn’t make it right. They do not have a . . . moral claim to my money.

Although Schiff is spot on in most respects here, he does erroneously say the government “has a right to tax” to fund the army and to support the government. To see how the legitimate functions of government can be financed non-coercively, read Craig Biddle’s “How Would Government Be Funded in a Free Society?”.

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