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Elections, Politics, Videos

A One-Minute Testimony from a Successful American Who Grew Up under Socialism

Posted: October 13, 2012 at 9:29 am   /   by

In a prior article, I combined the writing of Thomas Sowell with interviews of six Americans who have had first-hand experience living under socialism.  This article is a brief reprise.

Through various forms of redistribution, socialistic systems appear to “share prosperity” and “spread the wealth around.”   Barack Obama himself uses these phrases.  Such phrases make socialism sound like it might be a good thing — at least at first.

Furthermore, through socialism, some also seek a certain visceral satisfaction and schadenfreude by making the rich poorer and bringing those fat cats down!

However, entrepreneur Thomas Peterffy says in his self-produced, one-minute video (below):

Yes, in socialism the rich will be poorer, but the poor will also be poorer.  People will lose interest in really working hard and creating jobs.  I think this is a very slippery slope.

We’re seeing it happen now, as entrepreneurs and job creators are “going Galt“, our nation’s investment and new-business-creation capital is “going on strike“, growth remains pitifully low, and unemployment remains stubbornly high.

Enjoy Thomas Peterffy’s video.  Like the interviewees in our “So What’s Wrong with Socialism?” series, these naturalized Americans see our country making the same mistakes that were made in their native countries.  They are trying to warn us.

 The inherent vice of capitalism is the unequal sharing of blessings.
The inherent virtue of socialism is the equal sharing of misery.

Winston Churchill

David Leeper

David Leeper

David Leeper is a retired engineer living in Scottsdale, AZ, with his wife of 45 years. He is currently a volunteer science teacher at In his 40-year career he held positions from lab technician to technical vice president at Bell Labs, Motorola, and Intel. He holds 16 patents in telecom technology and a PhD in electrical engineering from the University of Pennsylvania. During his career, he wrote mainly for technical journals including Scientific American. He began writing for in 2011.
David Leeper


  1. NeilFeuer says:

    We should all take pause and listen to men and women who have been through this socialistic way of life.
    Bless this man and all he is doing.  He is paying for this ad, and all the subsequent ads to make people aware of what lies ahead if Obama and his socialistic agenda achieve their goals.  It is their ultimate goal, and it is very well under way.  Just take a look at what you hear, see and  read daily, from our debt to dismantling our military, to redistribution and fair share, to the dependency culture, to indoctrination of our children, unions, etc, etc, etc., let alone a state controlled media and Obama care, look no further than that.
    Through the last 4 years and  my involvement with the Tea Party, from coast to coast, and having family who lived through Hitler (my father was in a concentration camp), I have met countless men and woman who have come here from socialist countries and they all tell me the same,  just read this article and listen to this man’s video, read Churchill, read Thomas Sowell, without any doubt, socialism and communism is gaining every single day, just look at your religious freedom, free speech zones, and know who the enemy is, know that want to destroy America and our way of life, and then we will have a fighting chance, but until we recognize this and learn history, we have no chance.  It is up to us, with this election we have a choice, American Takers or American Makers, think of your children and grandchildren and the life you want for them, and then you will be able to vote not like this Hungarian man who like millions of others come to  this land and continue to come, we are the world’s last hope.

    1. dleeper47 says:

      @NeilFeuer Thank you for the well-said post. Do you remember the Packard auto ad slogan “Ask a man who owns one?” There’s nothing like 1st-hand experienced folks to tell us what life in America will be like if Obama and his entourage continue to occupy Washington.

  2. NeilFeuer says:

    @Neil Feuer

  3. HMarques says:

    Great video to post David.  We need to keep hammering this message to the electorate in order to shut down the propaganda machine on the left that keeps distorting the American Dream and what prosperity actually looks like.

A One-Minute Testimony from a Successful American Who Grew Up under Socialism