Michael Moore: We're Not Broke

http://www.futureofcapitalism.com/2011/03/michael-moore-were-not-broke

Left-wing filmmaker Michael Moore says:

we're not broke.

This country is not broke; state of Wisconsin is not broke.

There's a ton of cash in this country, trillions of dollars of it....What's happened is that we've allowed a vast majority of that cash to be concentrated in the hands of just a few people

...We've allowed them to take that.

That's not theirs, that's a national resource, that's ours.

Looks to me as though the guy has a flawed understanding of property rights. If any policymakers or politicians take him seriously, there's a potential for an awfully polarizing and damaging debate.

by Editor  |  Mar 3, 2011 at 2:59 pm Related Topics:  Income Inequality receive the latest by email: subscribe to the free futureofcapitalism.com mailing list