Daily Bell: You had an appearance on “The Daily Show” with Jon Stewart a while ago that stirred some controversy. Tell us about it.
Peter Schiff: The way they edited it out – they interviewed me for over four hours to condense it down to a few minutes of trying to make me look bad because I want to abolish the minimum wage. Of course, I want to abolish the minimum wage because I care about people, I care about jobs, I care about young people in particular and minorities. I want to make sure that they can get jobs, they can get on-the-job training, that they acquire additional skills that would enable them to earn higher wages in the future and I want them to be able to step on the job ladder so that they can climb up and go to higher and higher rungs. The biggest job killer is the minimum wage law.
But the woman who interviewed me from “The Daily Show,” one of the things she mentioned in that four-hour interview was that she was a socialist, a Marxist. Of course, they didn’t show any of that but I had her admit that she was basically a communist. So people at “The Daily Show” buy into this nonsense. They don’t believe in the free-market system. They believe in government. They believe in the system that destroyed the Soviet Union. But they don’t think with their heads because they don’t really have much up there. They think with their hearts. So they tried to present me in a sinister light by taking a lot of things out of context and they actually had to piece that segment together kind of like Frankenstein made his monster, because they actually would show them asking questions and then the answers that I gave were not even to the questions that they were asking then. They were to questions that were asked at different parts of the show. So they would take the same question they asked me in, say, the third hour of the interview, and they would take a part of the answer that I gave in the first ten minutes, and another part from the next 40 minutes – so they would basically take fragments from various sentences that happened in different parts of the interview and put them together to make one sentence as if I was expressing one complete thought. So the whole idea was to try to rearrange my words and try to make me look as bad as possible.
