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Video: Billionaire Who Escaped Socialism Runs Ads Against Socialism

TexasVRWC Wrote: Oct 31, 2012 11:20 AM
The best argument for America comes from people like Peterffy who fled communist dictator ships and have thrived and flourished here.

Thomas Peterffy is an entrepreneur who fled his native Hungary in 1965 to escape the yoke of Communism.  He moved to America at the age of 21, worked hard, and ultimately earned billions as the head of a successful brokerage firm.  According to his bio, he started a business that today employs thousands of people. With much at stake in the US presidential election, Peterffy is dipping into his personal fortune to warn voters about the dangers of creeping socialism, and to extol the American model of incentivizing hard work and encouraging upward mobility.  It's a powerful message: