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29 Jan 2014 2:03 pm
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Rich CEO Tells 'Daily Show' The 'Mentally Retarded' Are Maaaybe Worth $2 An Hour

There's a lot of good, funny stuff in the "Daily Show" segment above about the recent fast food protests, McDonald's as a welfare queen and more.

But what we'd really like you to focus on is the following exchange (at around 4:15) between correspondent Samantha Bee and Peter Schiff, the extremely conservative CEO of Euro Pacific Capital, who FREAKING HATES the minimum wage:

Schiff: "If we eliminated the minimum wage law then individuals would be free to accept jobs at whatever pay they're able to get."

Bee: "Paint me a picture of a person whose work would be worth $2 an hour."

Schiff: "You know somebody who might be? Maybe somebody who is, uh, you know, what's the politically correct word? Uh, you know, uh, for, uh, you know, mentally retarded?"

Bee: [...]

Schiff, later on: "I'm not going to say that we're all created equal... you're worth what you're worth."
The arrogance of the rich seems to be on full display lately.

Rich Man Calls Rising Income Inequality 'Fantastic'
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