Sunday, March 6, 2011

AMERICA IS NOT BROKE! -

Please read the following article where the newest genius in Wisconsin states anything but the obvious.  Michael Moore profoundly declares that "America is not broke". 

http://host.madison.com/wsj/news/local/govt-and-politics/article_8a60e128-4791-11e0-9892-001cc4c002e0.html

As usual Michael Moore is seeing America through his own distorted lens, but this time he is just flat wrong.  Oddly, I usually feel some sort of respect or admiration of Michael Moore in each project he does for no other reason than he really believes earnestly in his views and is willing to put them out there.  I can usually even put on a raging liberal hat and see his perspective despite my absolute disagreement with him.  In this case however, I just have to declare that he is completely off his rocker.

 Later in the article he notes that "America is not broke," Moore said "the country is awash in wealth and cash ... It has been transferred in the greatest heist in history from the workers and consumers to the banks and the portfolios of the uber-rich."  Once again, Moore gets some of the truth out there and then goes to work to distort the facts.  First, Americans were broke well before the financial crisis in 2007 and 2008, the media and the markets were too busy believing the lies and watching "Flip This House" to believe that we weren't rich.  Second, the same banks that Michael Moore claims are rich are actually completely bankrupt, leaving me to wonder who really is rich there Mike?

What this really is about is Michael Moore interjecting himself into Wisconsin politics on the side of unions.  Wouldn't it be great if he actually did a story about the destruction of the middle class due to unions creating uncompetitive landscapes for companies?  Wouldn't it be great if Michael Moore exposed the corruption of the unions?  Wouldn't it be amazing to see this guy on the right side of any angle?

If Wisconsin and all the other states aren't broke then I am not sure what constitutes being broke.  Unfortuantely I think we will ultimately see what happens when a "not-broke" country like Greece. Ireland, Portugal, or a US state like Wisconsin does end up being exposed as broke.  When at long last the endless money supply and unlimited debt comes to an end, we'll see that the conditions that are being displayed by Wisconsin are in fact an indication that America is broke.

GOATMUG