In the above video, Mary Katharine Ham absolutely devastates Michael Moore‘s Robin Hood Hypothesis regarding America’s money woes. Spoiler alert: It’s a stupid hypothesis.
The grand total of the combined net worth of every single one of America’s billionaires is roughly $1.3 trillion. It does indeed sound like a “ton of cash” until one considers that the 2011 deficit alone is $1.6 trillion. So, if the government were to simply confiscate the entire net worth of all of America’s billionaires, we’d still be $300 billion short of making up this year’s deficit.
That’s before we even get to dealing with the long-term debt of $14 trillion, which if you’re keeping score at home, is between 10 to 14 times the entire net worth of all of the country’s billionaires, combined. That includes the all-powerful Koch brothers ($40 billion between them), the all-powerful George Soros ($14.5 billion), all the Walton family (of the Wal-Mart fortune), Steve Jobs, Oprah (at a paltry $2.7 billion), the Google Founders, Michael Bloomberg, and the Mars family (of the candy bar empire).
Steve Maley
Daniel Horowitz
Moore's fundamental thinking. . .
msctex (Diary) Friday, March 11th at 1:56PM EDT (link). . .never evolved past a kindergarten egalitarianism. And he is clearly losing what little grip he has, as everything he thinks he believes is being disproven by Reality.
Moore is the biggest capitalist of them all
izoneguy (Diary) Friday, March 11th at 3:01PM EDT (link)Moore is just blabbing to keep himself in the spotlight so he can market his next film. If Moore was a true socialist he would not be suing people to get more money from his propaganda. He probably had film crews in Wisconsin.
So Moore “acts” like a socialist and says he is for the “worker”.
Don’t believe it – Moore is for Moore.
Those who had once simpered: “I don’t want to destroy the rich, I only want to seize a little of their surplus to help the poor, just a little, they’ll never miss it!” – then, later, had snapped: “The tycoons can stand being squeezed; they’ve amassed enough to last them for three generations” – then, later, had yelled: “Why should the people suffer while businessmen have reserves to last a year?” – now were screaming: “Why should we starve while some people have reserves to last a week?” – Atlas Shrugged
Moore is no different than any other limousine liberal.
Common_Cents (Diary) Friday, March 11th at 3:11PM EDT (link)They think of themselves as elites that are exceptions to their rules of equality and redistribution. It’s their reward for being so smart and telling the rest of us unwashed what to do, to save us from ourselves.
Watch that Schiller NPR clip and he talks about the very same thing. “We need more intellectual elites.” BS.
The dangerous arrogance of these people is truly shocking. There is no telling what they’d really do if left unchecked. Seriously.
“Fathom the hypocrisy of a Government
that requires every citizen to prove
they are insured…. but not everyone
must prove they are a citizen.” -Ben Stein
“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.”[especially in DC] – Friedrich Nietzsche
Can anyone think of one elitist liberal who walks their talk?
Common_Cents (Diary) Friday, March 11th at 3:12PM EDT (link)Do they practice what they preach in their daily lives?
I cannot think of one.
“Fathom the hypocrisy of a Government
that requires every citizen to prove
they are insured…. but not everyone
must prove they are a citizen.” -Ben Stein
“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.”[especially in DC] – Friedrich Nietzsche
If He Did
Repair_Man_Jack (Diary) Friday, March 11th at 3:14PM EDT (link)He’d still a burger or two short of 600lbs.
Mr. Obama is pretending that an economic “recovery” is underway when he knows damn well that the banking system is just blowing smoke up the shredded *** of what’s left of that economy – James Howard Kunstler
If others money is a collective resource
PowerToThePeople (Diary) Friday, March 11th at 3:08PM EDT (link)I am sure Fatty would not mind if I went by his house and collected some of what is mine from him. I think a cool million will be a good start.
Sociailism/Communism:
romeg Friday, March 11th at 3:30PM EDT (link)Intellectualism for complete idiots, fools and morons.
Here’s a tip:
Anytime any person opens his or her mouth and utters phrases such as “spread the wealth” or “nationalize those assets” or anything in that vein, stop wasting your valuable time even listening to that moron (I’m being all inclusive here. You KNOW who you ARE.) and go do something rewarding with your time such as watching old re-runs of “I Love Lucy” or “The Love Boat” or “The Guiding Light”.
“Of all tyrannies a tyranny sincerely exercised for the good of its victim may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated, but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” – C. S. Lewis
Great Video MKH
Brian Darling (Diary) Friday, March 11th at 3:35PM EDT (link)Keep them coming. Michael Moore is a joke. Nobody takes him seriously and I am sure that European Socialists think he is a parody of an American wanna be European social democrat.
Dude needs to lose a few lbs. People are starving in socialist nations throughout the globe and he needs to share the wealth. The guy should lead by example — miss a few meals and send them to families who don’t make Moore’s millions. He is wealthy and should pledge every last dime he makes on his horrible movies to those in need.
Michael Moore is a deeply embittered idiot.
romeg Friday, March 11th at 3:42PM EDT (link)His beloved hometown of Flynt, MI is a wasteland, thanks to a combination of Big Labor, Crony capitalism and corporate mismanagement. His solution: MORE Big Labor, and Crony Capitalism.
Why does anyone even pay attention to him anymore?
Oh. One more thing.
While we are confiscating the wealth of rich people, let’s start with, well, Michael Moore.
“Of all tyrannies a tyranny sincerely exercised for the good of its victim may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated, but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” – C. S. Lewis
Video: Huey Pierce Long
Steve Maley (Diary) Friday, March 11th at 3:55PM EDT (link)Michael Moore’s not the first fat populist blowhard with this idea. Huey Long was working on it 75 years ago, and LA has yet to deal with the economic consequences of his policies.
The blogger formerly known as ‘Vladimir’.
More MKH, and less Moore
frankieb (Diary) Saturday, March 12th at 9:52AM EDT (link)She cuts to the heart of the matter. He says one thing and does another.
Books … the most exotic, least expensive vacation: www.DelphiBooks.us
www.DaughterOfTheGreatDepression.blogspot.com
Claire McCaskill goes in so many directions, it’s amazing she hasn’t drawn and quartered herself. www.TruthAboutClaire.com
Facts exist to be dismissed, The gross pig Moore
johnt Saturday, March 12th at 11:30AM EDT (link)is no different then the entire wave of lunatics loose in the country now. Nothing can be allowed to penetrate, it might interfere with their destructive aggression.
“a man’s admiration for absolute government is proportinate to the contempt he feels for those around him”. Tocqueville