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Michael Moore Echoes FDR, Carter in Bid to Save Dems at Cost of Economy

Michael Moore 66ème Festival de Venise (Mostra)

photo credit: nicogenin

Michael Moore shows his greedy, self-serving intolerant self yet again.  Feel free to destroy the economy as long as failed progressive and socialistic policies are put in place.  Oh, and he thinks it will save the Democrat majority.  Center-right country Ms. Moore, center-right.

It should come as no surprise that the progressive rag, The Huffington Post published this mess of ill-conceived ideas that have already failed in decades past.  In a 5-point rant, Moore throws out the sum of his intelligence in an attempt to save the Democrat majority in Congress.

1. Deliver a blunt, nonstop reminder to the American people about exactly who it was that got us into the mess we’re in.

2. Declare a moratorium on home foreclosures.

3. Prosecute the banks and Wall Street for the Crime of the Century.

4. Create a 21st century WPA (hire the unemployed to rebuild America).

5. Pledge that no Dem will take a dime from Wall Street in the next election cycle.

uh, wow.  Let’s take a few words to dismantle this mantra of progressive leadership.

1) Deliver a blunt, nonstop reminder to the American people about exactly who it was that got us into the mess we’re in

Please do, Democrats have held the majority in Congress since 2006 (Ok, I’ll give you January 2007 if you want to discount the lame duck period in 2006).  Barney Frank felt that Fannie and Freddie were not nearing any crisis in 2003, Congress controls the purse-strings and I didn’t see any Dems pulling back the reigns on any spending once taking control.  I’ll give you that Bush pushed for more spending than he should, but I didn’t see the Dem majority holding him back at all.

2) Declare a moratorium on home foreclosure

You Mr. Moore .. are a fiscal mental midget (you may be overcompensating with the waste line there champ).  We have a credit crisis, where banks are unable to loan because of restrictive liability ratios.  Financial institutions can only loan so much money based on a certain positive balance sheet.  A mortgage represents a liability and the house is the securing asset.  If the mortgage is not being paid, the money that was given to the original borrower cannot just be given to someone else.  The bank has to sell the asset for real money to settle the liability so that it can again loan that money to someone else.

If the government freezes foreclosures, the credit markets will come to a screeching halt and you can just prepare for the massive fallout from this failed feel-good catastrophe.  Keep your government control, anti-free-market marxist B.S. and go hug Hugo .. I hear he needs friends right about now.

3) Prosecute the banks and Wall Street for the Crime of the Century

Feel free, the burden of proof is on the prosecution.  While you’re at it, take a look at Fannie and Freddie (if Barney will let you).  Oh yeah, and Soros.. and Rangel .. oh yeah Waters.. Kerry?  The courts will be clogged for a generation if we take all those Democrat crooks down with the CEOs.  At least the CEOs created jobs and wealth, those other idiots just stole it.

4) Create a 21st century WPA (hire the unemployed to rebuild America)

WPA .. an FDR program, resurrected by former President Carter and now suggested by Michael Moore.  What was it?

..in 1933, President Franklin D. Roosevelt signs an executive order creating the Works Progress Administration (WPA). The WPA was just one of many Great Depression relief programs created under the auspices of the Emergency Relief Appropriations Act, which Roosevelt had signed the month before. The WPA, the Public Works Administration (PWA) and other federal assistance programs put unemployed Americans to work in return for temporary financial assistance.[1]

If Michael Moore is suggesting that in order to get welfare or unemployment checks, people have to go build roads, bridges and do cow fart studies.. I am all in.  Unfortunately, I am sure that he didn’t mention anything about tying their free government checks to actual work.

5) Pledge that no Dem will take a dime from Wall Street in the next election cycle

Good luck with that.  What about big oil?  Wasn’t the proto-typical progressive democrat (Obama) the leading beneficiary of BPs big oil money?  How ’bout that Fannie and Freddie money Mr. Frank?

..one of Fannie Mae’s main defenders in the House – Rep. Barney Frank, D-Mass., a recipient of more than $40,000 in campaign donations from Fannie since 1989 – was once romantically involved with a Fannie Mae executive.[2][3]

Woah.. two deposits?  This is just populist anger-mongering with no real intention of fixing much of anything.  Then again, when has Michael Moore done anything remotely productive.


[1] FDR creates the WPA: http://www.history.com/this-day-in-history/fdr-creates-the-wpa
[2] Media Mum on Barney Frank’s Fannie Mae Love Connection: http://www.businessandmedia.org/articles/2008/20080924145932.aspx
[3] Fox News: Barney Frank Escaped Blame for Fannie Mae’s Problems Because He Is Gay: http://www.huffingtonpost.com/david-fiderer/fox-news-barney-frank-esc_b_132347.html

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