Stephen Moore is an economic consultant with Freedom Works. He americnas a bachelor of arts degree from University of Illinois at Urbana-Champaign and holds a master of arts degree in economics from George Mason University. These days when you listen to the gloom of the media and many of the presidential candidates you have to wonder what country these Debbie Downers are talking. Published December 29, If there is any lesson we have learned about the Federal Reserve system in the last few years, it is that the supposed oracles who run our central bank are anything but infallible. Published December moneg,
Filmmaker Michael Moore says capitalism conflicts with religion, democracy.
The channel targets a conservative and right-of-center audience. The channel was launched with the intention of serving a conservative audience. But those who consider themselves liberal have a half-dozen or more choices on TV each day He said that straight news would be reported throughout the day, with limited opinion and commentary on evening talk shows, including The Daily Ledger, hosted by Graham Ledger, and The Tipping Point, hosted by Liz Wheeler. Promotions for the channel in touted the network’s lack of commentary and focus on straight news reporting. In June , OAN said that it reached 35 million homes. In June , OAN had approximately staff. At the start of , it was reported that Trump allies were looking into purchasing OAN. Many clips from the program went viral , and by , Lahren had gained widespread attention for her commentaries. OAN is known for its pro-Trump content, promotion of conspiracy theories, and criticisms of the mainstream media. OAN is pro-Trump. He also shared a report with producers claiming that Planned Parenthood had promoted abortion, and ordered them to minimize coverage of Pope Francis ‘s US visit, due to the Pope’s calls for action on global warming see Laudato si’.
Moore: Corporate America Hides Behind American Flag
This is my class, , and my family is making a grant to eliminate their student loans. Now, I know my class will make sure they pay this forward. Because we are enough to take care of our own community. We are enough to ensure we have all the opportunities of the American dream. And we will show it to each other through our actions, and through our words, and through our deeds. By Audra D. Burch , David Gelles and Emily S. The young men began the day as students in caps and gowns, ready to graduate from Morehouse College — full of hope, but burdened in most cases with the debts that financed their education. Then their commencement speaker went off-script with an extraordinary pledge: the newly minted alumni of the historically black college in Atlanta would go forth into the world student debt-free. Robert F. The announcement came at a time of growing calls across the country to do something about the mounting burden of student loan debt, which has more than doubled in the past decade. Presidential candidates like Elizabeth Warren have made debt cancellation a key plank in their campaign platforms, and some states and institutions are moving to make college tuition-free.
In many ways, he comes full circle in his new picture, «Capitalism: A Love Story,» where, among other things, he circles Wall Street with crime scene tape and drives an armored van up to the headquarters of bailed out investment bank Goldman Sachs, where he confronts a security guard. Email us, talk npr. You can also join the conversation on our Web site at npr. Director and star, Michael Moore, joins us here in Studio 3A. CONAN: And it’s interesting, in the picture you embrace the vision of American society from the s, when you grew up and your father was able to support a middle-class family with a nice lifestyle there in Flint, Michigan working at a sparkplug factory. I mean, obviously, those who lived during that time remember that, you know, the American dream, the promise of the American dream, that if you worked hard and your company prospered, you would prosper.
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Is the left so contemptuous of the poor that they think their voters are incapable of making sound everyday decisions on their own?
Latest Issue. Past Issues. It is insufficient to state the obvious of Donald Trump: that he is a white man who would not be president were it not for this fact. Once upon the field, these men became soldiers, statesmen, and scholars; held court in Paris; presided at Princeton; advanced into the Wilderness and then into the White House. No such elegant detachment can be attributed to Donald Trump—a president who, more than any other, has made the awful inheritance explicit. Listen to the audio version of this article: Feature stories, read aloud: download the Audm app for your iPhone. His political career began in advocacy of birtherism, that modern recasting of the old American precept that black people are not fit to be citizens of the country they built. But long before birtherism, Trump had made his worldview clear. He fought to keep blacks out of his buildings, according to the U. It is often said that Trump has no real ideology, which is not true—his ideology is white supremacy, in all its truculent and sanctimonious power. White supremacy has always had a perverse sexual tint. So it was with Virginia slaveholders claiming that Britain sought to make slaves of them.
That’s not a conservative pundit blasting communism or socialism. It’s filmmaker Michael Moore talking about the target of his latest film: capitalism. In «Capitalism: A Love Story,» Moore takes aim at corporate America and Wall Streetfor what he says amounts to robbing the American taxpayers and promoting a culture of greed.
He profiles several stories of economic hardshipfrom the now familiar tale of a family forced out of their home by the mortgage crisisto more shocking anecdotes about families who discover the corporations their deceased loved ones worked for made money off their employees’ deaths — a practice referred to within several companies as «Dead Peasants. These are all spokes to the hub. And that hub is capitalism. In a democracy, how can you have that? In his first television interview about the film, Moore suggests that corruption-filled capitalism conflicts with the values of a democratic system of government.
This capitalism doesn’t seem to have a moral or ethical center to it. And it has very little to do with democracy,» Moore told «Nightline’s» Terry Moran. One year after the collapse of Lehman Brothersthe New York City investment bank, whose failure sent shockwaves throughout the global economy and marked the beginning of the worst crisis since the Great Depression, Moore says the economic system has spiraled out of control.
And let’s start with democracy in mind and having a moral value system attached to it. Moore took Moran on a tour of New York City’s financial district — the lion’s den of the financial crisis — to the institutions Moore considers the worst offenders, Goldman Sachs and the New York Stock Exchange.
In the film, he carries out what could be described as a classic Michael Moore stunt by wrapping the perimeters of the buildings in yellow crime scene tape. I believe that millions of Americans have had their pensions robbed from them, their jobs stolen from them,» Moore said. And they know that the possibility exists as that … there could be a severe backlash to all of this — that the peasants may revolt.
The public erupted in outrage when many firms receiving massive taxpayer bailouts doled out bonuses this year. Moore told Moran he considers the New York Stock Exchange an «enemy of democracy» — an inherently un-American institution «hiding» behind the American flag hanging on the front of the building.
This is a great country. People died for that flag and in, behind there, they have stolen people’s pensions, they have moved people’s money around, they have created all of these crazy, exotic systems of credit default swaps and derivatives,» Moore said. And it’s a personal insult to me as an American, as somebody who loves this country. Moore romanticizes the good old days in the film, which he considers the time when the rich actually paid taxes; he calls to bring the top marginal tax rate back to what it was during the Kennedy era, around 70 or 73 percent.
But of course I’m old enough to remember a time where you did go to the neighbor’s house to get some flour There was a sense of sharing and community. And now, it’s all, dog eat dog. Capitalism has encouraged us to fight each other, to scramble for the crumbs that are left on the table, for the few jobs that are. Moore believes that the best and the brightest college graduates flock to investment banks where they’re co-opted into «coming up with complicated, exotic schemes to trade money, make money off of money,» instead of putting their energies into inventions, like a high-speed bullet train or a cure for cancer, that will benefit society.
They’re not inventing the next light bulb in there, or the cure for cancer. They’re in there making money off of money. And then betting against that money and then turning it into some sort of strange casino with derivatives and credit default swabs. It’s so destructive to our society,» he said. Moore says that our current system of finance is so evil, that it can be compared to a system like child labor, which was accepted hundreds of years ago until someone stood up to entrenched authority.
People started to say, you know, ‘maybe this isn’t right. But well-meaning people said, ‘no, no, no, we understand it’s a problem, we just need to regulate it. We just need to make the factories safer, make sure the kids go to school, and then it’s OK if the 10 and year-olds work in the factory. Some things are just patently wrong and no amount of regulation is going to make it better. Moore believes that the media and large corporations, who have a vested interest in maintaining the status quo, are partly to blame, having idolized CEOs’ wealth and power and propagating it.
They’re on Fortune and Forbes and they’re on the front page Business section of the paper. Like masters of the universe, look at their genius, they are able to make hundreds of millions of dollars. We have actually now seemed to, as a society, support that,» he said. While Moore admits that not everything done by financial firms is evil, since they provide jobs and make donations to charity, he says, that doesn’t legitimize. I mean, Hitler put everybody back to work, I mean, right?
I mean, I’ve read stories of slave masters who were very generous to their slaves,» he said. Peter, you’re gonna get asked a number of questions. When I was hungry, did you feed me? When I was homeless, did you give me shelter? When I was sick, did you come and give me aid and comfort? But, if you didn’t, you don’t get in. Moore told Moran he’d ask wealthy CEO’s: «What do you think is going to happen after this life, when you have to answer, what did you do with the wealth that you amassed?
Rebuffing criticism that «spreading the wealth» is socialism, Moore said, «I’m sure, if [Jesus] was around today, they’d call him a socialist,» Moore said. And Moses. And Mohammed. And Buddha. All the great religions say that Make as much as you. And to hell with the other guy. To say Moore was pleased with the change in power in Washington is an understatement. He says he is still an unabashed supporter of President Obama, despite a growing amount of criticism on the left that Obama hasn’t truly reformed the financial system, and has hinted at dropping the public option from his health care plan.
I’m still operating on the high that I got when he was elected last November,» he said. Not the dumb guy. You want a smart guy. So, we got a smart guy. Despite Moore’s vote of confidence in Obama’s ability to handle the financial mess, he notes in the film that the president’s number one private campaign contributor group were the employees of Goldman Sachs.
I wanted him to see. I want him to know, that as much as we love him, as much as we support him, we also know who his backers are. And we’ll be watching,» Moore said. I’m banking on the fact that he’s gonna do what’s best for the people. Moore has attempted to bring the human impact of what he sees as a corrupt financial system to the attention of the country and government leaders. He considers himself a «surrogate» for the masses. A self-described «optimist,» Moore believes that even the «villains» on Wall Street will be moved by ripple effects of their actions on the society as a.
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Ben Carson, secretary of Housing and Urban Development, explains the significance of HUD endorsing mortgage loans for condominium units. Washington do-goodism almost always fails to help the people it is supposed to because politicians ignore the Law of Unintended Consequences. Nowhere is that more evident than when it comes to a congressional plan to put payday lenders and other short-term lending institutions, such as the burgeoning online lenders, out of business. Liberal «consumer advocacy groups» and liberals in Congress demonize these companies as modern-day Shylocks, the nefarious lender in Shakespeare’s «The Merchant of Venice» who demands a pound of flesh if loans aren’t repaid on time. Jesus Garcia, D-Ill. It would cap interest rates on short-term and emergency loans at 36 percent. Critics of short-term lenders say they «target» low-income and minority Americans. No one forces anyone to go to these stores or use online lenders. They do so because these folks feel it’s the best and most convenient option for .