Schlockumentary producer Michael Moore Thursday advised his readers to take all their money out of banks that received bailout funds AND divest themselves completely of American stocks.
Such lunacy was posted at Moore's website as part of a list of things he recommends people do "to fight back and try to fix this very broken system."
Moore began by listing five truly hysterical demands of the President and Congress:
1. Declare a moratorium on all home evictions. Not one more family should be thrown out of their home. The banks must adjust their monthly mortgage payments to be in line with what people's homes are now truly worth -- and what they can afford. Also, it must be stated by law: If you lose your job, you cannot be tossed out of your home.
2. Congress must join the civilized world and expand Medicare For All Americans. A single, nonprofit source must run a universal health care system that covers everyone. Medical bills are now the #1 cause of bankruptcies and evictions in this country. Medicare For All will end this misery. The bill to make this happen is called H.R. 3200. You must call AND write your members of Congress and demand its passage, no compromises allowed.
3. Demand publicly-funded elections and a prohibition on elected officials leaving office and becoming lobbyists. Yes, those very members of Congress who solicit and receive millions of dollars from wealthy interests must vote to remove ALL money from our electoral and legislative process. Tell your members of Congress they must support campaign finance bill H.R.1826.
4. Each of the 50 states must create a state-owned public bank like they have in North Dakota. Then congress MUST reinstate all the strict pre-Reagan regulations on all commercial banks, investment firms, insurance companies -- and all the other industries that have been savaged by deregulation: Airlines, the food industry, pharmaceutical companies -- you name it. If a company's primary motive to exist is to make a profit, then it needs a set of stringent rules to live by -- and the first rule is "Do no harm." The second rule: The question must always be asked -- "Is this for the common good?" (Click here for some info about the state-owned Bank of North Dakota.)
5. Save this fragile planet and declare that all the energy resources above and beneath the ground are owned collectively by all of us. Just like they do it in Sarah Palin's socialist Alaska. We only have a few decades of oil left. The public must be the owners and landlords of the natural resources and energy that exists within our borders or we will descend further into corporate anarchy. And when it comes to burning fossil fuels to transport ourselves, we must cease using the internal combustion engine and instruct our auto/transportation companies to rehire our skilled workforce and build mass transit (clean buses, light rail, subways, bullet trains, etc.) and new cars that don't contribute to climate change.
Yikes! Is it Halloween already?
If you're not sufficiently frightened, maybe some of Moore's suggestions concerning what you should do to protect yourself and your loved ones will do the trick:
1. Take your money out of your bank if it took bailout money and place it in a locally-owned bank or, preferably, a credit union. [...]
3. Do not invest in the stock market. If you have any extra cash, put it away in a savings account or, if you can, pay down on your mortgage so you can own your home as soon as possible. You can also buy very safe government savings bonds or T-bills. Or just buy your mother some flowers.
Wow! So let's kill America's top banks AND divest all of our funds from American corporations.
Almost sounds like the kind of stuff Osama bin Laden puts in his videotapes, doesn't it?
Of course, it would be very interesting to find out whether Moore is following his own advice.
After all, when Moore claimed back in 2005 that he didn't own stocks in American companies, it was revealed by Peter Schweizer that he owned shares in Boeing, Sunoco, Best Foods, Eli Lilly, Bank One, and even the dreaded Halliburton.
With this in mind, maybe Moore should have to prove that he's actually taken all of his money out of bailed out banks and U.S. stocks before he recommend others do.
—Noel Sheppard is the Associate Editor of NewsBusters. Follow him at Facebook and Twitter.
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Looser Moore, sell off all
October 22, 2009 - 13:29 ET by ForeverOnTheRightLooser Moore, sell off all your stocks in American companies, right, like that would not cause a depression! What we are in now is a deep recession and you want to push us into a depression. What's the kick back for you, what do you get out of it, the pleasure of seeing America collapse? Sure sit on your millions while you sit your fat a## on the beaches of the Riviera.
The Fat Boy from Flint
October 22, 2009 - 13:31 ET by YankeeBubbaPerhaps Moore has time to assist we the benighted now that the media requests for comment on his latest flop have dried up, just like the paying public.
Moore hypocritically prospers within a system he portrays as evil while at the same time seemingly favoring one with more governmental control. I reckon a system like that could force people to pay to see his bomb.
I understand the animosity. Capitalism is freedom of choice. People have freely chosen not to waste their money.
Hypocrite
October 22, 2009 - 13:32 ET by slickwillie2001Like many limolibs, Moore probably has money tied up in Swiss or Cayman accounts where it's safe from the government confiscation that he wants for the little people.
I believe Michael Moron
October 22, 2009 - 13:35 ET by R D HelmI believe Michael Moron would cut off his nose to spite his face.
He has now moved beyond merely biting the hand that feeds him to killing the body it is attached to.
-Dave
Our elected representatives have failed us.
And call it successful plastic surgery
October 22, 2009 - 13:49 ET by JeffWeimerBut, credit unions are a great deal. You are the shareholder and the customer. My experience is that they treat you better than banks, for both those reasons. That would be the only thing I agree with, but for different reasons. I still don't think banks are bad, though.
Banks can be irritating, tho
October 22, 2009 - 14:47 ET by StarAZB of A holds my paper and I asked to be switched to autowithdrawal for my payment. They charged me twenty bucks! I said, no way! They oh, sorry, we thought you meant one time only. I said no. They said well, we can put the $20 toward your next payment and change it. He went all through the check number, etc., then said--OK, this will be $4 a time. I said a stamp is 44 cents--switch me back to slowpoke. Ack! And I can never, never get the time it took for those two calls back again.
Moore is doing all he can
October 22, 2009 - 14:03 ET by buddycMoore is doing all he can to cover the costs of his latest documentary and make a profit, just like any other business person.
He is like a professional wrestler. The more conservatives attack him the more liberals will buy a ticket to his crap propaganda movie at the multiplex and then sneak into some other movie because no one can watch his crap anymore.
The guy has no integrity. He doesn't really believe in anything except his pocketbook. He is what he condems. Hell he owns stock in Haliburton and Exxon Mobile.
Yes sir, he is right, I think the States should own the mineral rights to all lands within its boundaries even if the owner is the Federal Goverment. He is 100% CORRECT about states owning oil rights on state land. Does that mean that Alaska can drill ALL IT WANTS withot the Federal Government trying to stop them? Does that mean Utah can authorize coal mining or oil shale mining on land it owns or land owned by the Feds. After all it is a public resource and we are a nation of 50 individual states?
Just makes me laugh Moore
October 22, 2009 - 13:57 ET by Mulligan22If you want to make this idiot really cry, have every all you can eat buffet shut down.
Fat joke
October 22, 2009 - 14:44 ET by StarAZJust the ticket!
Interesting comment by Moore
October 22, 2009 - 14:11 ET by CalifMoeHe mentions putting all your money in a credit union.. A credit union here in calif, instead of working with us to short sale a home that they hold the note on. Has replied to us that they are going foreclose on the home and turn it into a rental…Holding 300K in debt should make the stock holders happy, and its going to be negative income, and ruins the owners credit for a long time. Kills a sale, and hurts the new lender, the new buyer..etc….
Stocks and Bondage
October 22, 2009 - 15:41 ET by AbraxosRoubini, Schiff, Celente, Robt. Chapman, et al, would agree with Moore, but for different reasons. It appears that Obama is purposely trying to destroy the US economy and the US dollar.
The recent rise of Au and Ag, despite the rising stock market, is a clue that someting is afoot. Evidence China's recent, continuing drive to acquire as much precious metal as possible, using dollars to purchase it, also forbodes possible things to come.
Recent meetings between China, Russia, Saudi Arabia, Japan and France, (excluding the US) concerning the US dollar ought also to be alarming, but not because of what Michael Moore says. Daily interest on the US debt is approx. $500 million.
"Looser Moore, sell off all
October 22, 2009 - 15:41 ET by chessplayer"Looser Moore, sell off all your stocks in American companies, right, like that would not cause a depression!"
Thats exactly what he, and most libs, want. He probably has most of his money converted to the Euro, or another currency, so that when the US economy go`s under, he and his fat ass can live in luxury in Europe and laugh.
Huh?
October 22, 2009 - 15:52 ET by CobraMan"ake your money out of your bank if it took bailout money"
Yea, that's a great idea, if you want that bank to fail and never pay back the US Taxpayers. Moore, I want that money paid back, as do the rest of America. Unless you're willing to cover the billions of tax payer dollars that the banks owe us, shut the heck up!
The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States.
The US Constitution
Unless you're a fetus.
The US Supreme Court
Re Credit Unions
October 22, 2009 - 15:53 ET by slickwillie2001Re credit unions, the democratics are so happy with the effects of the CRA, that they are working on CRA II, which would extend the same demands made of banks to cover credit unions and insurance companies, and to make community organizations like ACORN the arbiters of the law with respect to lenders.
A Poisonous Cocktail: http://www.forbes.com
I can't get worked up over this clown anymore
October 22, 2009 - 17:13 ET by JnobleHe's so cartoonishly stupid and ignorant that listening to him is the equivelant of a recurring SNL character.
Jnoble.. Precisely...plus
October 22, 2009 - 17:19 ET by bigtimerJnoble..
Precisely...plus he always looks as if he hasn't bathed or washed his clothes for a long time.
I see him...I click it.
'Doubling down on stupid is not a particularly good idea'~Breitbart
The man has no integrity.
October 22, 2009 - 17:19 ET by TenebrousThe man has no integrity. Every film he made is a lie. Even his own public statements are lies. On Hannity, he stated that poor people couldn't resist lenders (try to follow that logic -- how much money you have affects your ability to read).
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Random-jumbled-thoughts.blogspot.com
Wasn't Obama the one...
October 22, 2009 - 17:21 ET by SlyrrUh, wasn't Obama, the guy Moore VOTED for, the same one who dragged all those bank owners into a conference room and told them they weren't leaving until they signed onto his bailout plan? Didn't Obama threaten the bank owners saying 'I'm the only one standing between you and the lynch mobs' and refused to let them leave until they took his dirty money?
So why's Moore so mad at these banks? All they did was what our mobster-in-chief ordered them to do at the point of a government bayonet.
This is what Moore wanted, no? Central planning at it's best - thuggery and violent. You think he'd be pleased...
First I want to see Moore
October 22, 2009 - 18:00 ET by Radical1979First I want to see Moore put his money where his big mouth is. He gives very little money to charity, doesn't use union members to make his movies using union members (must cost to much), and it's really doubtful he's divesting of his U.S. assets if he's profiting from them. Why are these guys never called on this nonsense?
"First I want to see Moore
October 22, 2009 - 19:03 ET by chessplayer"First I want to see Moore put his money where his big mouth is. He gives very little money to charity, doesn't use union members to make his movies using union members (must cost to much),"
Hey, c`mon. Trainloads of Ho-Ho`s and Ding Dongs are expensive. He only has so much money.
Did Ya Ever Think That Maybe He's Not Joking?
October 22, 2009 - 20:33 ET by hetookuazyMaybe, just maybe, he's telling you the truth because he really does know what the left is attempting to do?
Naaaaaaa....... He's crazy...... A Marxist President and legislature.... Collapling a currency (wonder if he's been talking to Soros...) Oh yeah, pat answer, it'll never happen here..............
These are full blown Marxists and they are not dumb, at least not all of them. I'm assuming that the listed happenings and incidents as well as the other attendant circumstances, such as the full blown propaganda ministries that we laughingly call the media and public education, haven't escaped your notice....
It's been proven time and
October 27, 2009 - 12:50 ET by hbss14It's been proven time and time again that the man doesn't practice what he preaches. It's not at all comical or informational what he has done the past few years. He has raised some questions that should be answered, but his projected image of crusader is a sham. I feel he is doing more harm than good, and as long as he has an audience, he'll continue making money the same way he accuses others of doing. Off the average american taxpayer's back.
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