I like the part about how greed was there in the 50s, 60s, 70s, 80s, and there was never any trouble...
...As if it were a Randian paradise with no recessions or stagnation?
Also showing the Black Panthers for virtually no reason...
6.05
OH, the moon landing. No government spending there!
I'll admit, there's something weirdly satisfying about watching conservatives get on their knees and beg to lick the taint of Kennedy.
8.20: Woodstock stuff.
A bunch of kids went to a concert. I guess that makes sense there was a bailout to save capitalism?
9.30: "The youth were out of control!" And then someone walking around with a tiger, as if that was a common pet at the time
I always like showing Jefferson, the guy that thought the Americans should be helping the Jacobins, as someone who hates radicalism.
MB, I respect you so I'm trying to watch this. But there are basically no facts in this. This is people complaining about hippies at Woodstock.
This whole turn thing turns on this idea of "universal turnings," that seems to be mostly people's hurt feelings about the 20th century that are then sort of retroactively and randomly applied to other things without offering the process for how or why this works.
In the 90s, people thought money was important! What a degenerate change!
28.30 or so, “the facts are all different.” No explanation for whatever the fuck that is supposed to mean.
"It's important to know how incestuous the political system got to be."
-Newt Gingrich, lifelong politician and Fannie Mae lobbyist.
It's pretty funny that they skip deregulation and go right to the consequences, and also make some kind of zany circular logic:
"The problem isn't that business was deregulated to make risky investments and make deep ties with the political establishment; it's that businesses made risky investments and made deep ties with the political establishment! The solution is that business be deregulated to make risky investments and make deep ties with the political establishment!"
Then it's constant harping on how, like, risky investments should be completely deregulated made by people with deep ties to the political establishment in order to stop risky investments by people with deep ties to the political establishment. What? Do they think people will be so stupid as to not see how stupid this is?
38.46: Why did the .com double happen in 1995? Why not the 1960s, why not the 1980s?
I guess because people that went to Woodstock went to Wall Street (?) and then made big risks? And they were more greedy than people in the 1980s? It seems like there’s a more logical explanation for this...
But, I mean, I generally agree that business is horrifyingly irresponsible and needs to be completely destroyed by the everyman.
Ha, Lou Hobbs, worth over 10 million dollars, is just a common man getting screwed like the rest of us, with no vested interest in anything beyond keeping it real to all us plebes lovingly licking his hands.
Americans consume more than we make in the country. Someone hold the phone, or we might end up in the unenviable position of having our own Pax Britannica.
White people trying not to be racist means black people are being crushed and you can’t do anything to help blacks because, “Unfortunately, capitalism doesn’t work like that.” Huh, I don't disagree with that—though I don't think they meant that.
I love tying Acorn to trying to pull one over on those poor banks that were just out there to help people. And then, right afterward, evil Clinton “going after” lenders that irresponsibly gave money out.
Also, the faux “pizza delivery boy” drug selling property is pretty funny, like it was poor people running these poor innocent Wall Street investors...
This is maddening in that they just kind of ignore the profit motive here for rich people to get rich.
“How can so many authorities not be able to predict this?” In fairness, Marxists have been saying this is how capitalism works for the past, what century and a half?
The Goldman-Sachs elite ruined the economy!
58 something, Newt blames Goldman-Sachs elites that were allowed to be put into the government.
Thank God a non-elite everyman billionaire with the help of Newt and the guy that made this movie is clearing out the swamp by putting Goldman-Sachs elites into the government.
“Government owns 40% of every wealthy individual’s income” is written as, “Government owns 40% of individual.” Which...Statement problematics aside, is a horrifyingly irresponsible citation.
Oh, the financial crush happened on THE DAY the first Baby Boomer went on Social Security. I guess the '60s radicals were right. Kill anyone over 30.
I also always like these people that couldn’t see the recession coming lecturing about how they should be listened to.
Recession brings fascism to a republic. 1.11: "Out of this terrible inflation came tyranny. Came a demand, somebody must do something; we need a strong person to do something. And I have a dreadful feeling, there's where we're coming to."
Well, I guess this movie isn't all wrong
“Stop spending this much money. Stop over regulating the economy...” So...Like, politely ask financiers to not spend money? What the fuck?
Newt Gingrich: "The elites can't be outraged, because they're in the fix." I actually laughed out loud.
I stopped paying attention, bluntly. This is all just liberal whining about liberals acting like liberals and how these liberals will be better liberals.