Conservative: "But Michael Moore, you're rich, you made it big from capitalism..so what are you complaining about?" This was what Piers Morgan was trying so hard to get Michael Moore to admit to. But he didn't succeed.
Michael Moore: "I do very well -- and for a documentary filmmaker, I do extremely well. That, too, drives conservatives bonkers. "You're rich because of capitalism!" they scream at me. Um, no. Didn't you take Econ 101? Capitalism is a system, a pyramid scheme of sorts, that exploits the vast majority so that the few at the top can enrich themselves more. I make my money the old school, honest way by making things."
Of the $3 million Michael Moore got in 1989 for his documentary Roger and Me he paid $1 million in taxes (33%...how many other rich people pay that much of their income percentage-wise?). He didn't look for tax loopholes...he just paid his taxes. Then he set up a foundation to give away another million dollars. With the remaining million he paid off his debts, the debts of friends and family members, bought his parents a new refrigerator, helped rebuild a black church that had been burned down in Flint, gave a thousand turkeys at Thanksgiving, bought film making equipment for the Vietnamese, annually bought 10,000 toys to give to Toys for Tots at Christmas, bought himself a new American-made Honda, and took out a mortgage above a Baby Gap in New York City. What remainded went into a simple, low-interest savings account.
He said "I made the decision that I would never buy a share of stock (I didn't understand the casino known as the New York Stock Exchange and I did not believe in investing in a system I did not agree with)."
"Finally, I believed the concept of making money off your money had created a greedy, lazy class who didn't produce any product, just misery and fear among the populace. They invented ways to buy out companies and then shut them down. They dreamed up schemes to play with people's pension funds as if it were their own money. They demanded companies keep posting record profits (which was accomplished by firing thousands and eliminating health benefits for those who remained). I made the decision that if I was going to earn a living, it would be done from my own sweat and ideas and creativity. I would produce something tangible, something others could own or be entertained by or learn from. My work would create employment for others, good employment with middle class wages and full health benefits."
October 27th, 2011 7:46 AM
Life Among the 1%
By Michael Moore
Read the rest of Michael Moore's blog at:
Capitalism is a system, a pyramid scheme of sorts, that exploits the vast majority so that the few at the top can enrich themselves more. And the few get away with it because the vast majority of people start from the bottom to begin with (unlike the majority of wealthy people who inherited their wealth, or got very lucky, or sociopaths who had no problem stealing from others). And the vast majority of people have all they can do just to survive and ensure the survival of their families. There is a bit of a cushion (or buffer) between the very wealthy and the majority of people who are just barely surviving...the so-called middle class...and especially the upper middle class which has most of the more aggressive hopefuls of becoming rich themselves. They are the ones who suffer the grand delusions of grandeur, the hopeful useful idiots or capos* of the rich. They are used by the rich to keep the downtrodden from making a better life a reality for themselves. They control the propaganda and use psychological tricks to keep the lower classes from challenging the high classes. They use ridicule and scare tactics and disinformation. And whereas I would not put everyone who fits the definition of middle class or upper middle class as capos or greedy...I single out those that do tend to support the greedy actions of the top 1%. And not all capitalism is bad if it is regulated and controlled to support the common good rather than making a few people extremely rich. Laissez faire captialism is very bad and lets the sociopaths destroy those who are not as lucky or maniacally driven.