Inside Job

BigPete

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Have you seen the documentary Inside Job? What do you think about it?
 

Shoots_he_scores

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Saw the title and I immediately got furious that anyone even brought up the 9/11 "truth movement". I could punch some of the morons who made those documentaries.
 

BigPete

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I just rented it from Blockbuster in the mail.



I now hate the 'rich' even more and am fantasizing about going all Punisher on them...or at least all the key people that caused this mess.
 

Kerfuffle

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Have you seen the documentary Inside Job? What do you think about it?

How about giving the board a quick summary on what it is so we can comment on it. From the other posts it sounds like another Michael Moore film (aka Farenheit 9/11).
 

Variable

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It's alright. It doesn't really point the finger at the bigger problems with the banking families like the Rothschilds. I guess it's good as a very basic beginner's course to start with if you actually want to learn about how things really are when it comes to money and power and all that good stuff that makes you see everything in a different light.
 

BigPete

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It is nothing like a Michael Moore film. It discusses who made what policy decisions that led to the recession and who profitted from it. It insinuates that our government is run by Wall Street interests and little else...at least in since Carter left office. It takes no political sides as Moore typically does.
 

Variable

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Yeah Moore, like a ton of other people in this country, is still locked into the old, false Left vs. Right paradigm and just about all his movies show that slant. He still believes that there's a "good" side, a political party to root for, one in which stands for the people and that has our best interests in mind. Doesn't exist.
 

roshinaya

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Watching it made me angry. It was plain greed and a rotten system that caused it and the worst thing is, no one was held accountable and the guys responsible made 100s of millions and are now sitting on boards of other financial institutions or other influential positions and it looks like they are just going to keep doing it again. They don't care it affects a global economy and millions of people, as long as they make a hefty profit they are going to play the system. "**** you, got mine" is their motto. I bet we'll see another financial bubble within the next 10 years and the same people will be behind it.

It was also interesting to see the role of academia in the whole mess, business schools and economy faculties have become shill's of the banks and espouse certain ideas and policies that support their benefactors.
 

TSD

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Yeah Moore, like a ton of other people in this country, is still locked into the old, false Left vs. Right paradigm and just about all his movies show that slant. He still believes that there's a "good" side, a political party to root for, one in which stands for the people and that has our best interests in mind. Doesn't exist.





Completely agree with you there.



Politicians are as such for their own gain under the guise of public servitude.



We live in an age where an electoral college is no longer needed and where THE PEOPLE, can and should play the role of Employer to elected officials employee.



Once elected to office, government officials are policed by government officials, a "good old boy" system is bound to result. No politician in their right mind would pass a law that would jeopardize their ability to hold on to their position. i.e. if a politician isnt keeping the promises you elected them for, the people can attempt vote them out of office by popular vote. Which is something no one can give me a good reason not to have.
 

CaveMan

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I have this on a must-see list when I get back home, so I can understand the convo lol
 

jaxhawksfan

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Yeah Moore, like a ton of other people in this country, is still locked into the old, false Left vs. Right paradigm and just about all his movies show that slant. He still believes that there's a "good" side, a political party to root for, one in which stands for the people and that has our best interests in mind. Doesn't exist.



Amen! Whether you believe wealth trickles down, or trickles up we are all fucked and the government is doing it on purpose.
 

Variable

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Well they're doing it on purpose because it kinda is their purpose. Under a monetary system, there has never been and never will be a benevolent, caring government in the history of mankind. People may get into government to help people, but the majority who succeed in government and stick around for years and years and years are there for power and wealth for themselves and an extreme minority of the population. People like Henry Kissinger, a true horror of a human being. When helping you or me or Joe Schmo leads to increasing their power and/or wealth, they may do it, but you cannot depend on it. You have to realize who and what you're dealing with and live within the boundaries of that reality, not the one that they present to you in grandiose speeches.



Does the government lie? Yes.

Do they steal our money and property and "mismanage" funds? Yes.

Do they kill innocent people? Yes.



So when things go wrong, whether it be a natural disaster or a financial disaster, what kind of people are you looking for help from? You are depending on liars, thieves, incompetents and murderers to help you when you're in trouble, or to make things better. You can write angry letters to your Congressman or wave cardboard signs or yell and rant in megaphones outside government buildings all you want, but when you're trapped on your own roof with one Kraft single for 4 days, and you don't see any boats or choppers on the horizon...it doesn't matter whose fault it is at that point. Nobody is as invested in keeping you and your family safe and financial secure, or rebuilding your lives after natural/financial disasters, as you are.
 

supraman

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I have not watched the documentary but judging from the comments I'm going to guess it is about our financial situation. If I am wrong well ignore the rest of this post.



The primary problem is our monetary system. The majority (if not all) of the world uses Fiat currency nowadays. At least the entire western world does. Fiat currency is part of Keynesian economics. I believe it is also known as Chicago School economics. Well it fucking sucks. It devalues currency. Think about all the stimulus we had. The government didn't get money via more taxes it just printed more and the value of currency is dictated by the law of supply and demand. Every time a dollar is added to circulation is devalues all of the dollars.



Personally I'm a huge fan of commodity backed currency. Typically gold is the commodity. So if you have X amount of gold you can only have X amount of currency. Unless you say each unit of currency is worth less gold. So the value of the currency remains relatively steady.



Now what's this have to do with fat cats on Wall Street? With a Fiat currency you can have companies that are "Too big to fail" so knowing the government will bail them out they can take massive risks with little consequence which allows them to make money very quickly if it all pans out (think economic Bubble). I've heard it called Private profit and public debt. Now with a commodity backed currency too big to fail goes out the window. So companies have to measure risk because if it goes bad, government won't bail them out, they are just fucked. So with a commodity backed currency you get rid of the boom/bust cycle and basically you have slower growth but the growth is rather constant with minor recessions.



a few good sites on this stuff are www.lewrockwell.com and www.mises.org Now they are political websites but the economic stuff varies from sorta basic to really fucking advanced.
 

roshinaya

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Amen! Whether you believe wealth trickles down, or trickles up we are all fucked and the government is doing it on purpose.



While your government is certainly to blame, you also have to blame the banks and Wall St. for the current crisis.
 

BigPete

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While your government is certainly to blame, you also have to blame the banks and Wall St. for the current crisis.

Those that haven't yet, really need to watch the movie. The issue at hand in the economic crisis that has been and remains our largest international identifier, is that folks like Hank Paulson are 'in charge' of regulating the banks, then leave for a brief spell to make $100s of millions of dollars, then return to be a regulator of the banks. This back and forth activity is one that has implicitly set up rules that are easier to break...and break them they do!



Can you say conflict of interest?



What is more disenfranchising is that no party is any less culpable. No president in the past 30 years, regardless of party affiliation, is any less culpable. Including Obama. Timothy Geithner is his financial czar right now...he was part of the collapse. And anyone thinking Greenspan was a genius and the best regulator of all time...think again, he too helped create this mess and lives high on the hog while millions starve.



End rant....but yeah, take the time to watch this insightful (NOT incendiary) documentary.
 

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