Walter Williams

MSNBC.com on Monday accused economist Dr. Walter Williams of making racist statements during his interview with Fox News's John Stossel last week.

The charge was associated with an "Ed Show" segment in which the host disgracefully cherry-picked one of Williams' comments about welfare and slavery (video follows with transcript and commentary):

If any policy maker watches Michael Moore's new movie, "Capitalism: A Love Story" and is influenced by it - be afraid, be very afraid.

Moore appeared on CNN's Sept. 23 "Larry King Live" to promote his movie, but he shared with host Larry King his thoughts on why the stock market has rallied off its lows, despite a rising unemployment. His reasoning - Wall Street likes joblessness, because it's more for them. Moore outright told King Wall Street wants people unemployed.

"It's crazy, isn't it?" Moore said. "I'll tell you why: Because your employees are your biggest expense. And, as you've noticed in the last few months, as the unemployment rate has gone up, so has the Dow Jones. Now, you'd think, you know - that Wall Street would respond with, ‘Oh my God, unemployment is going up, you know, this is bad for business.' But the reality is, is that Wall Street likes that. They like it when companies fire people because immediately the bottom line is going to show a larger profit."