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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Bindare_Dundat on September 07, 2009, 01:05:22 PM
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VENICE (Reuters) - Capitalism is evil. That is the conclusion of U.S. documentary maker Michael Moore's latest movie "Capitalism: A Love Story," which premieres at the Venice film festival on Sunday.
Blending his trademark humor with tragic individual stories, archive footage and publicity stunts, the 55-year-old launches an attack on the capitalist system, arguing that it benefits the rich and condemns millions to poverty.
The bad guys in Moore's mind are big banks and hedge funds which "gambled" investors' money in complex derivatives that few, if any, really understood and which belonged in the casino. Meanwhile, large companies have been prepared to lay off thousands of staff despite boasting record profits.
The filmmaker also attacks the uncomfortably close relationship between banks, politicians and U.S. Treasury officials, meaning that regulation has been changed to favor the few on Wall Street rather than the many on Main Street.
He says that by encouraging ordinary Americans to borrow against the value of their homes, businesses created the conditions that led to the financial crisis, and with it to homelessness and unemployment.
Moore interviews priests who believe that capitalism is anti-Christian, because it fails to protect the poor and encourages greed.
"Essentially we have a law which says gambling is illegal but we've allowed Wall Street to do this and they've played with people's money and taken it into these crazy areas of derivatives," Moore told an audience in Venice.
"They need more than just regulation. We need to structure ourselves differently in order to create finance and money, support for jobs, businesses, etc, to keep a healthy economy going."
GREEN SHOOTS?
Amid the gloom, Moore detects the beginnings of a popular movement against unbridled capitalism, and believes President Barack Obama's rise to power may bolster it.
The film follows factory workers who stage a sit-in at a Chicago glass factory when they are sacked with little warning and no pay and who eventually prevail over the bank.
And a group of citizens occupies a home that has been repossessed and boarded up by the lending company, forcing the police who come to evict them to back down.
"Capitalism is an evil, and you cannot regulate evil," the two-hour movie concludes.
"You have to eliminate it and replace it with something that is good for all people and that something is democracy."
Capitalism: A Love Story re-visits some of Moore's earlier movies, including a trip to his native Flint where his father was a car assembly line worker and was able to buy a home, a car, educate his children and look forward to a decent pension.
But he brings it up to date with an examination of the financial crisis, demanding, but failing, to speak to the bosses of companies at the center of the collapse and asking traders whether they can explain to him exactly what derivatives are.
When he asks for their advice, one man out of shot can be heard replying: "Don't make any more movies."
Moore drives a truck up to some of the biggest banks in New York and, through a loud speaker, demands they give back the hundreds of billions of bailout dollars to the country.
And he interviews an employee of a company which buys up re-possessed, or "distressed" properties at a fraction of their original value and which is called Condo Vultures.
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didn't capitalism give him mcdonalds and krispy kreme ???
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Unless Micheal Moore pays all the people that work on his movies the same amount he makes or gives the government ALL the money his movies make and then lets them decide what he gets back he should just shut his big fat mouth.
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didn't capitalism give him mcdonalds and krispy kreme ???
lol
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Unless Micheal Moore pays all the people that work on his movies the same amount he makes or gives the government ALL the money his movies make and then lets them decide what he gets back he should just shut his big fat mouth.
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Capitilism is the worst type of economic policy a nation can have, but for all the others of course.
Its amazing to me to see people like moore complain about the system that allows him to make these movies, profit off of them, have a good lifystyle off of them, etc.
Does this fool not realize where and how his income is derived?
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didn't capitalism give him mcdonalds and krispy kreme ???
;D
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X2
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He's a fat cheeseburger eating piece of shit.
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Moore drives a truck up to some of the biggest banks in New York and, through a loud speaker, demands they give back the hundreds of billions of bailout dollars to the country.
Someone needs to tell him that that's getting old.
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Moore drives a truck up to some of the biggest banks in New York and, through a loud speaker, demands they give back the hundreds of billions of bailout dollars to the country.
Yeah, and how successful was he with that one?
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Apparently - Moore's willpower sickens people on this thread...
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Apparently - Moore's willpower sickens people on this thread...
What do you make of his comments regarding capitalism.
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x 4.
He invested heavily in Haliburton after making Far 911. $$$$$
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x 4.
He invested heavily in Haliburton after making Far 911. $$$$$
any link to that info?
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"I don't own a single share of stock!" filmmaker Michael Moore proudly proclaimed.
He's right. He doesn't own a single share. He owns tens of thousands of shares – including nearly 2,000 shares of Boeing, nearly 1,000 of Sonoco, more than 4,000 of Best Foods, more than 3,000 of Eli Lilly, more than 8,000 of Bank One and more than 2,000 of Halliburton, the company most vilified by Moore in "Fahrenheit 9/11."
http://www.wnd.com/news/article.asp?ARTICLE_ID=47174
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"I don't own a single share of stock!" filmmaker Michael Moore proudly proclaimed.
He's right. He doesn't own a single share. He owns tens of thousands of shares – including nearly 2,000 shares of Boeing, nearly 1,000 of Sonoco, more than 4,000 of Best Foods, more than 3,000 of Eli Lilly, more than 8,000 of Bank One and more than 2,000 of Halliburton, the company most vilified by Moore in "Fahrenheit 9/11."
http://www.wnd.com/news/article.asp?ARTICLE_ID=47174
Is there any photo evidence of this documentation? I'm looking but no luck so far.
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Is there any photo evidence of this documentation? I'm looking but no luck so far.
no clue. that website is just some dude bashing libs, so you have to take it with a grain of salt.
Google has it both ways. One side is lying bigtime. who knows.
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Micheal Moores agent is Ari Emanuel, Rahm Emanuel's brother.
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What do you make of his comments regarding capitalism.
I think he's out of line. Capitalism did not cause the current crisis. Here's what did.
1 - Ratings agencies & issuers colluding to put AAA ratings on high risk mortgage backed securities. That's not capitalism. That's fraud.
2 - Mortgage brokers & salesmen loaning money to people that should not have qualified & could not afford it. Whilst the mortgage companies went tits up, the salesmen that got commission from the sales have not suffered at all. Making these loans was not capitalism. It was fraud & greed.
3 - People getting in over their heads on mortgages they couldn't afford. That's not capitalism, that's stupidity.
4 - The whole banking/finance industry kidding themselves that properties could grow at 6-8% a year forever.
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Capitalism is a fucking economic system, democracy is a government system. WHat moron would replace capitalism with democracy or vice versa?
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Capitalism is a fucking economic system, democracy is a government system. WHat moron would replace capitalism with democracy or vice versa?
I think you answered your own question with that. M. Moore is a complete joke.
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He's a fat cheeseburger eating piece of shit.
Ron? ???