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Thomas Peterffy and the freedom to succeed

Video: In 1956, Thomas Peterffy, unable to speak English, fled Hungary as the Iron Curtain was lowering on Eastern Europe. By the time he left Hungary, the communists were in charge.

Thomas Peterffy is the founder of Interactive Brokers, an online brokerage firm. But he wasnâ??t always.

In 1956, Thomas Peterffy, unable to speak English, fled Hungary as the Iron Curtain was lowering on Eastern Europe. By the time Peterffy left Hungary, the communists were in charge. Around 350,000 people, many intellectuals and politicians, were purged by the communists. In 1956, Hungary went through a revolution that pushed out the Soviets until November of that year when the Soviets sent in 150,000 troops killing 20,000 people with a quarter million more fleeing for their lives.

Thomas Peterffy was one of those refugees. He went on to be an American success story. Now, this registered independent voter, has felt compelled to tell the world about the horrors of socialism and how it destroys success and erodes a nationâ??s work ethic. He has, out of his own pocket, produced an ad of him talking. He is, again with just his own money, running the ad on national news networks and in Ohio.

It is one of the most powerful ads you will see this campaign cycle. A refugee from a communist state has put his money where his mouth is and wants the world to know what happens when a nation punishes success.

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Written By

Erick Erickson is the Editor-in-Chief of RedState. His RedState Morning Briefing stays ahead of competition by delivering breaking news at 5AM every weekday to an audience that includes everyone from grassroots activists to talk radio hosts, television pundits, and print journalists. Erickson also appears regularly as a contributor on Fox News and has a nightly radio program on WSB in Atlanta.

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archive

Thomas Peterffy and the freedom to succeed

Thomas Peterffy is the founder of Interactive Brokers, an online brokerage firm. But he wasn’t always.

In 1956, Thomas Peterffy, unable to speak English, fled Hungary as the Iron Curtain was lowering on Eastern Europe. By the time Peterffy left Hungary, the communists were in charge. Around 350,000 people, many intellectuals and politicians, were purged by the communists. In 1956, Hungary went through a revolution that pushed out the Soviets until November of that year when the Soviets sent in 150,000 troops killing 20,000 people with a quarter million more fleeing for their lives.

Thomas Peterffy was one of those refugees. He went on to be an American success story. Now, this registered independent voter, has felt compelled to tell the world about the horrors of socialism and how it destroys success and erodes a nation’s work ethic. He has, out of his own pocket, produced an ad of him talking. He is, again with just his own money, running the ad on national news networks and in Ohio.

It is one of the most powerful ads you will see this campaign cycle. A refugee from a communist state has put his money where his mouth is and wants the world to know what happens when a nation punishes success.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Transgender Athletes, Laurel Hubbard, CeCe Telfer, Mary Gregory Transgender Athletes, Laurel Hubbard, CeCe Telfer, Mary Gregory

Transgender Athletes Threaten Women’s Sports.

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Jessica Yaniv, Canada transgender waxing case Jessica Yaniv, Canada transgender waxing case

State-Enforced Sexual Assault.

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