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Thomas Peterffy - Freedom To Succeed

Business  (tags: ethics, americans, politics )

- 2176 days ago -
Thomas Peterffy grew up in socialist Hungary. Despite the fact that he could not speak English when he immigrated to the United States in 1956, Thomas fulfilled the American dream.


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Cam V (417)
Monday November 5, 2012, 4:54 pm
In terms of American success stories, or in this case, Hungarian-American success stories, most are familiar with billionaire investor and far-left activist George Soros. Few, however, know about Soros’s conservative counterpart Thomas Peterffy, the Hungarian-born billionaire who founded Interactive Brokers, one of the world’s leading online brokerage firms. A few weeks ago Petterfy became in essence an unexpected star of the 2012 campaign when he released a powerful and highly personal ad decrying the socialism he endured, and ultimately, fled in Hungry and comparing it to what he is now witnessing occur in the United States.

Peterffy’s Forbes profile describes a little about this success story and critic of socialism:

Born in Budapest in 1944 during a Russian bombing raid, Thomas Peterffy immigrated to the United States in 1965. When he arrived in New York he spoke no English. In 1977 Peterffy left his job designing commodities trading software and purchased his own seat on the American Stock Exchange where he began trading options. In 1993 he launched the electronic brokerage firm Interactive Brokers. Petterfy reportedly spent at least $8 million to air his ads nationally on CNN since October 11 — a savvy move considering that is where he likely felt independents and undecided voters could be best reached.

“I grew up in a socialist country,” the American success story says in the ad, which focuses on his life and move to America. “And I have seen what that does to people. There is no hope, no freedom, no pride in achievement.”

Peterffy also quips that in socialist nations, the wealthy do become poorer, but so, too, do the poor.

“And that’s what I see happening here.”

Peterffy reportedly spent upwards of $8 million to air his ad nationally — a savvy move considering that is likely where he felt independent and undecided voters could best be reached.

The ad is also said to be airing on local stations in Cleveland, Milwaukee, and across Florida in both English and Spanish. The ad has generated a tremendous amount of buzz and is already being being considered one of the must-see ads this election.

Consuelo H. (0)
Wednesday November 7, 2012, 7:10 am
well in your view that the rich get poorer and the poor get poorer in a socialist country but the repugs want to make the rich to be richer and the middle class are made poorer to the point we have two classes. so if you don't like this country and the way we try to let everyone pay their fair share in taxes and have an equal chance to make good you need to go back to your home country and complain there because you have no excuse for your pathetic view if you are living the American dream

Helle H (21)
Wednesday November 7, 2012, 10:46 am
You can't link between a socialistic country and a democratic country. The east-european socialist countries was bad and are still not good. I live in Denmark who is democratic and it's a good place to live. We all have the oppertunity to get rich, and nobody has to live as beggars if they don't want to. One of the the most wealthy men in Denmark started by scratches, and he's not trying to avoid paying the taxes.

M B (62)
Wednesday November 7, 2012, 2:56 pm
"not worthy".

Lloyd H (46)
Wednesday November 7, 2012, 9:00 pm
Cam, to be honest Peterffy is just another Fat Cat lying his ass off, like Romney, to protect and increase his wealth, on which I will bet he pays less than 10% in Taxes if any, has part of his $5.6 Billion in wealth off shore to evade US Taxes. I would love to know if Peterffy was one of the 5,000 members of the American 1% that were granted immunity from prosecution and jail under the 2009 tax Evasion Amnesty for stealing Tax revenues from the US government via Swiss Bank USB and off shore accounts, would love to see Romney's tax returns for 2009 and before to see the if the changes are there to show he was granted amnesty too.
I also find it interesting that these rectums never consider all of the wealth redistributed up ward to them via tax cuts and loopholes from the 98% who end up paying for those cuts etc. as the socialism that they are.

marie C (163)
Thursday November 8, 2012, 5:41 pm
Work hard wherever you are and you will do well

Past Member (0)
Friday November 9, 2012, 11:41 pm
Canada Toughens Marijuana Sentences As US States Legalize

Talk about irony, eh? The very same day American voters in two states legalize, the Stephen Harper government in Canada brought into force tough new mandatory minimum sentences for marijuana.

As Washington and Colorado both on Tuesday approved measures loosening their pot laws, drug measures in the Conservative government's Safe Streets and Communities Act, passed last spring, came into full force in Canada, reports Bruce Cheadle of The Canadian Press.

Canada's new marijuana law dictates a mandatory six-month jail term for growing as few as six cannabis plants -- which is twice the mandatory minimum for luring a child to watch pornography or exposing oneself on a children's playground.

Cam, why does this make you happy?


Cam V (417)
Saturday November 10, 2012, 1:45 am
Why do you assume that would make me happy MJM? You know what they say about people who assume things eh?

Past Member (0)
Sunday November 11, 2012, 2:05 pm
How Reagan Sowed the Seeds of America's Demise

Reagan Mythology is Leading US Off a Cliff

Ronald Reagan : 'I now have absolute proof that smoking even one marijuana cigarette is equal in brain damage to being on Bikini Island during an H-bomb blast.'

Cam, tells us again how brilliant this baffoon is?

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