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Sunday, July 12, 2009

Michael Moore Is An Idiot- It IS That Simple

John Stossel, Co-anchor for ABC's 20/20 informs us that Michael Moore's new movie will take on capitalism, judging it to be bad.

Producing, selling what you produce and earning money by hard work and creativity is evil in Moore's mind.

“The wealthy, at some point, decided they didn’t have enough wealth. They wanted more — a lot more. So they systematically set about to fleece the American people out of their hard-earned money. Now, why would they do this? That is what I seek to discover in this movie.”

Stossel's take:

How ridiculous is that? The wealthy, and everyone else, almost always decide that they don’t have enough wealth. People ask their bosses for raises. We invest in stocks hoping for bigger returns than Treasury Bonds bring. “Greed” is a constant. The beauty of free markets, when government doesn’t meddle in them, is that they turn this greed into a phenomenal force for good. The way to win big money is to serve your customers well. Profit-seeking entrepreneurs have given us better products, shorter work days, extended lives, and more opportunities to write the script of our own life.

On Thursday, Moore announced the title of the movie: Capitalism: A Love Story.

It’s a title I might have picked to make a point opposite of what I assume Moore has in mind.

Moore also fails to understand is that it was not “capitalism” run amok that caused today’s financial problems. In reality, it was a combination of ill-conceived government policies and an overzealous Federal Reserve artificially lowering interest rates to fuel a bubble in the housing market. Then it was government that took money from taxpayers and forced banks to accept it.

The only person "fleecing" the American public is Michael Moore with his ridiculous notions and socialistic desires. Why doesn't he just move to China and see how much of his own money he gets to keep so greedily?

Lew Rockwell points out:

This is just dumb. As John Stossel begins to point out, it’s not the private sector that is “fleec[ing] the American people out of their hard-earned money,” it’s the government. Who robs Americans of half of their hard-earned income at gun point every single year? Who counterfeits endlessly to the point of causing massive and widespread malinvestment, job losses, inflation, and depressions? It’s certainly not the private sector. And it certainly has nothing to do with Capitalism.

Just think, who would Obama raise all those taxes on, to pay for his massive spending idiocy if the rich weren't greedy?

Obama and the Democrats seem to think the "rich" and their bank accounts are creating wealth just so Obama and company can reach in and steal from them to cover anything they wish to waste money on.

People like Moore continue to try to demonize the wealthy, but what would we all do without those very same people that dare to create, produce and thrive on capitalism?