Talk about Irony: Film Maker Michael Moore is at it again this time its Wall Street. On Sunday at the Venice International Film Festival, the Oscar awarding film director Says Capitalism is evil and need to be replaced in his new movie “Capitalism: A Love Story,”
“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.”
The villains are banks and hedge funds gambled investors funds in complex derivatives that few people understood.
The film show the closure of a window factory in Chicago, who gave little notice to workers that the were closing and didn’t provide back pay. So the workers held a sit in outside of the plant. The federal government got involved along Project Rainbow/ PUSH leader Rev Jesse Jackson. The workers got back pay and severance but the plant closed away.
Another example a of citizens(led by the group ACORN) took over a foreclosed home in Baltimore area. The lender called the police but the police relented.
The Moore film ignores to tell the viewers about the actions of Federal Government which created housing debacle via Fannie Mae and Freddie Mac with Adjustable Rate Loans, no income verification, no job, bad credit history encourage by liberal members of congress including US Representatives like Maxine Waters(D-CA), Barney Frank(D-MA) and others shown here.
It’s funny how Michael Moore points out the evils of capitalism and hate while making boatload of Money. So making money on wall street bad but make a film showing the evils capitalism is good. What ever. If Moore make a profit for himself. Give it away to charity. How phony can you get.