Book Review: "Capitalism: A Love Story"

Michael Moore is a maker of documentary films for liberal values and anti-American causes, and his latest titled "Capitalism: A Love Story" is going to be no exception.

In this film, slated to be released in early Fall, Moore will attempt to portray capitalism as the root cause of the American and global financial meltdowns over the past couple of years, calling it "the biggest swindle in American history."

Let's give credit where it is due, Moore is good at his craft. He knows how to push all the right buttons, slice all the right video clips, edit all the right sound bytes, and basically tell a story in the way that his political views and values want that story told. You need a propaganda documentary made? Michael Moore is your man.

This is all well and good as long as you understand going into the theatre that this is what you will be paying your money to see: propaganda. One side of a story, told from a slanted view, through a tinted lens.

The fact is that greedy corporate tycoons and misguided politicians, flawed human beings, have been the problem, not our capitalist economic system.

Now if what you really want is the truth of the matter, explained in depth, with examples and in complete historical and political context, then what you want to do is pick up a copy of a book called "How Capitalism Saved America" by Thomas J. DiLorenzo.

In reading this enjoyable and educational book you will find out why DiLorenzo says "Free-market capitalism, based on private property and peaceful exchange, is the source of civilization and human progress."

AIG: Angina-Inducing Greed

For those of you who may have just read the headlines and listened to the featured story blurbs on the news regarding insurance giants IAG with passing interest, I will try to give you a simplistic version.

Let's start with the basics. Who or what exactly is the American International Group?

Well, AIG is by their own information "a world leader in insurance and financial services" and "the leading international insurance organization with operations in more than 130 countries and jurisdictions."

Heady stuff, right? I mean, we are talking about the worldwide leader in insurance services and one of the largest financial services organizations on earth as well. We are talking here about the real money. Not just big money, but 'real' money. The kind of money that moves governments and shakes nations.

The folks at AIG are just one of many financial services companies that have undertaken huge losses and faced dire straights as the American economy has gone into reverse over the past year. They blame their particular problems largely on what are called 'credit default swaps" (CDS) in the industry.

Repeat a Lie Often Enough, It Becomes the Truth

President Barack Obama and his Democratic Party cohorts have told the lie so many times in recent weeks that one has to wonder if they even believe it themselves.

The President said that his stimulus bill included tax cuts for "95 percent of working families" or what he calls the middle class.

That is great, isn't it? We have a President who cares about you and me, the working people that keep America moving forward. The hard-working everyday folks. Thank God we finally have someone in the White House who cares about us, right?

Well, that only floats if you actually believe what Obama is telling you.

Do you, and if so, why do you? Because a network news anchor tells you to believe it? Because the head of your union tells you to believe it? Because your city newspaper tells you to believe it?

President Barack Obama and his administration are simply lying to us. They are lying boldly to our faces by using positive-sounding rhetoric because they simply don't believe that we will care enough to look deeply into the details.