Fact Checking Michael Moore’s “Capitalism”
You’ll have to go to the link for the false facts of Moore’s new Movie, it would be too long and wrong to copy-and-paste it all here:
NEW YORK (AP)—Despite the title of his new movie, Michael Moore really hates capitalism. He says it’s a scheme for businesses to profit at the expense of the little guy.
The provocateur filmmaker is campaigning for an end to what he says is the “evil” in our economic system and a return to the days when our lives weren’t so defined by money. It’s an ambitious theme, but some of his arguments in “Capitalism: A Love Story” fall apart on closer inspection.
One Example:
MOORE’S TAKE: Wall Street robbed taxpayers.It’s pure theater when Moore arrives in an armored bank truck at the headquarters of Goldman Sachs Group Inc. Holding a white bag with a big dollar sign on it, he tells a security guard he is there to collect the $10 billion in taxpayers’ funds that went to the investment bank. He doesn’t get past the front door.
THE FACTS: Three months after that scene was shot, Goldman Sachs was one of 10 large banks that repaid in June some $68 billion they received from the $700 billion Troubled Assets Relief Program. Since then other large financial companies have repaid funds, too, including Chrysler Financial and American Express Co.
MOORE’S RESPONSE: “Let’s be clear on this. We’re not talking about the majority of people who took the money ... not even 10 percent of the $700 billion has been returned.”
http://hosted.ap.org/dynamic/stories/A/ALL_BUSINESS?SITE=NCAGW&SECTION=HOME&TEMPLATE=DEFAULT
Of course I am shocked, stunned and amazed that El Comrado De Maximo Blimpo would not get all his facts straight and would defend his every mistake. He exploits capitalism for his own greedy ends, while he hates others doing the same damn thing.
It is past time to open the valve wide and deflate that gas bag!
