"It seems like people don't learn from the past"

Thomas Peterffy has the pedigree necessary to make what follows credible, sensible and worthy of your time:

It's one of the more personal ads of the 2012 campaign.

But no presidential campaign or super PAC is behind it. Rather, a new TV ad and Web video that warns of the ills of socialism while urging America to vote Republican next month is financed by Hungarian-born billionaire Thomas Peterffy. 

In the video, Peterffy recalls his childhood under socialism in Hungary, and says, "The nation became poorer and poorer. And that's what I see happening here." He warns that the United States, his adopted country, is embarking on a "slippery slope." 

He continues: "America's wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy. 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." 

Here's the ad:

He speaks truth born of experience. Let's hope folks have sense enough to hear him.

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