Posted on 10/23/2010 11:48:01 PM PDT by EasySt
Must see documentary / movie out...
I saw it today. I had to applaud. (As did the rest of the audience.)
Inside Job.
The subject is the root cause of the current collapse of the economy, and what has been/is being done to resolve it.
http://www.sonyclassics.com/insidejob/site/
There are no actors in this film, but you will recognize almost everyone. The power of this film is in the clear presentation of public statements of a large number of the most powerful people in the world today in the context of their motivations and rewards.
I want to hear Limbaugh, Palin and Beck talk about this after they see it.
Funny all the raving reviews are from liberal rags. No thanks.
The movie maker Charles Ferguson is a raving MARXISTS! Previous Documentary was an about how we could never win in Iraq. Dude is from San Fran and is a Berkley Poli Sci grad.
I’m pretty sure this is nothing more than a PROPAGANDA film against capitalism.
There will always be villain's and victims when the system faults. Villain's and their accuser victims are required for the concept of an economy to exist. Sadly, the world is not all sweetness and sunshine.
The only thing that matters is that enough people understand this natural human reality to prevent chaos; thereby allowing the political conditions for restoration of an adjusted economic order.
“The people who have done and are doing this to us don’t care about Communism versus Capitalism, Right versus Left...”
Very true. We should never forget that Republican politicians are still politicians, and most politicians fall somewhere between card cheats and lawyers (card cheats being the more honorable of those two of course). Now and then, an honest man gets elected and manages to resist the temptations of office, but then they’ll have to face the combined wrath of the political class, since they then become a danger to all the other politicians’ rackets.
I think we’ll see some of this rare breed elected in a week, and they’re going to need all the support we can give them to weather the storm that the rats of both parties, the bureaucrats, crooked DA’s & judges, the IRS, and the media will try to throw at them.
I did kinda go out of my way to point that out. After seeing the movie, I was surprised to see that much praise from the left. I went because a rave review from my (almost as conservative as me) father. I didn’t read the reviews until I was posting this thread.
I stand by my assessment. This goes beyond Left and Right.
How can you throw out statements like this? The movie only sounds like the age-old rich bashing of the Marxist against the "Evil" Bourgeoisie.
Where the Communist - Capitalist dichotomy fits in the attempted destruction of America, is in the culpability of the Socialist Democrats in Congress giving political license and impetus to force economic changes that brought the global financial crisis.
The profiteering didn't occur in a vacuum. Ferguson interviewed the guilty (Frank, Soros, etc.) for this film, allowing them to present their own alibi. This film sounds like a send-up of our Global Financial System as a whole, with an eye toward eventually replacing it with a global "supposed" Socialist Utopia.
Give me a more valid reason to watch this transparent crap!
Please let it be your last.
Banksters and Wall Streeters are not capitalists. In the past they were but there days they are parasites. Today Wall Street is at war with main street. If I saw this movie I would agree with it but be embarrassed by the leftists behind it
You will see how President Bush and the Republicans in Congress and the assigned Regulators with oversight of F-Mae and F-Mac repeatedly urged for investigation into and increased regulation of F-Mae & F-Mac. You will see how, at every turn, on several repeated occasions from 2003 through 2007, Barney Frank, Chris Dodd and the Congressional Black Caucus refused to allow it, insisting vehemently that there was nothing wrong wtih F-Mae/Mac.
They threatened to "let the voters know" how the "Republicans were trying to keep minorities from owning homes," how the GOP was making up false accusations of non-existent financial instability as a ruse to "keep the black man down."
Barack Obama, Acorn, Barney Frank and Chris Dodd created and then covered up this whole thing until it exploded, just as they had planned it would.
Yes, the bankers used the Democrat Congress' scheme to line their own pockets, but they did not engineer the collapse. The Democrats and, more specifically, the Congressional Black Caucus engineered this for their own purposes of collapsing the previous system so they could then institute their own system.
It's all on tape, viewable for anybody who wants to see what really happened.
;-/
Matt Damon is the narrator - Strike 1.
The gist of the film is to blame all on Wall Street Bankers - Strike 2.
George Soros is in the film blaming Wall Street - Strike 3
Then I clicked the Reviews link and not one conservative media outlet is quoted - You're OUT.
It is not worth seeing.
Would the Last Honest Reporter Please Turn On the Lights?
by novelist Orson Scott Card, a Democrat
_________
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This [financial crisis] was completely foreseeable and in fact many people did foresee it. One political party, in Congress and in the executive branch, tried repeatedly to tighten up the rules. The other party blocked every such attempt and tried to loosen them.
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Furthermore, Freddie Mac and Fannie Mae were making political contributions to the very members of Congress who were allowing them to make irresponsible loans. (Though why quasi-federal agencies were allowed to do so baffles me. It’s as if the Pentagon were allowed to contribute to the political campaigns of Congressmen who support increasing their budget.) ...
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If you who produce our local daily paper actually had any principles, you would be pounding this story, because the prosperity of all Americans was put at risk by the foolish, short-sighted, politically selfish, and possibly corrupt actions of leading Democrats, including Obama.
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If you who produce our local daily paper had any personal honor, you would find it unbearable to let the American people believe that somehow Republicans were to blame for this crisis. ...
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So I ask you now: Do you have any standards at all? Do you even know what honesty means?
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[Was] getting people to vote for Barack Obama so important that you will throw away everything that journalism is supposed to stand for? ...
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... tell the truth about John McCain: that he tried, as a Senator, to do what it took to prevent this crisis. You will tell the truth about President Bush: that his administration tried more than once to get Congress to regulate lending in a responsible way.
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This was a Congress-caused crisis, beginning during the Clinton administration, with Democrats leading the way into the crisis and blocking every effort to get out of it in a timely fashion.
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If you at our local daily newspaper continue to let Americans believe — and vote as if — President Bush and the Republicans caused the crisis, then you are joining in that lie.
- Novelist Orson Scott Card, a Democrat, on October 5, 2008,HERE
The Financial Sector Meltdown
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1. Almost all of the financial problems we see today are based on bad mortgage lending. That would be lending money to people to buy homes who didn’t qualify for a loan.
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2. The Democrats, under Clinton, strengthened a government-created monster called the “Community Reinvestment Act” [first foisted upon the country under Jimmy Carter]. This law was then used by “activists” and “community organizers” ... to coerce lending institutions to make these bad loans ... millions of them.
..
3. Now we see what happens when political “wisdom” supplants good loan underwriting. When private financial institutions are virtually forced to make loans to people with a bad credit and job history ... this is what you get. Enjoy it.
Enough cards on this table have been turned over that the story is now clear. The economic history books will describe this episode in simple and understandable terms: Fannie Mae and Freddie Mac exploded, and many bystanders were injured in the blast, some fatally.
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Fannie and Freddie did this by becoming a key enabler of the mortgage crisis. They fueled Wall Street’s efforts to securitize subprime loans by becoming the primary customer of all AAA-rated subprime-mortgage pools. In addition, they held an enormous portfolio of mortgages themselves.
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In the times that Fannie and Freddie couldn’t make the market, they became the market.
Obama choice helped Fannie block oversight
National security adviser tied to discrediting of probe
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By Jim McElhatton, The Washington Times,October 13, 2010 here
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UNDER SCRUTINY: Thomas E. Donilon worked as a registered lobbyist for Fannie Mae from 1999 to 2005.
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Years before Fannie Mae foundered amid a massive accounting scandal, President Obama’s choice for national security adviser oversaw an office inside the mortgage giant that orchestrated a negative publicity blitz to fight attempts by Congress to increase government oversight, records show.
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Thomas E. Donilon, who won the job as national security adviser this month, worked as a registered lobbyist for Fannie Mae from 1999 to 2005 at a time the company’s officials insisted finances were sound. He also earned more than $1.8 million in bonuses [from Frannie Mae] before the government took over the troubled company in the wake of an accounting scandal.
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Vice President Joseph R. Biden Jr. and Mr. Obama, who railed against lobbyists on the campaign trail, hailed Mr. Donilon’s appointment last week, but made no mention of his time as a registered lobbyist.st wee
Democrats and some [big-government] Republicans opposed reform in part because Fannie and Freddie were very good at greasing palms. Fannie has spent $170 million on lobbying since 1998 and $19.3 million on political contributions since 1990.
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The principal recipient of Fannie Mae’s largesse was a Democrat, Sen. Chris Dodd (D, CT), chairman of the Senate Banking Committee. No. 2 was another Democrat, Sen. Barack Obama (D, IL).
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Mr. Dodd was also the second largest recipient in the Senate of contributions from Countrywide’s political action committee and its employees, and the recipient of a home loan from Countrywide at well below market rates. The No. 1 senator on Countrywide’s list? Barack Obama.
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