Monday, September 7, 2009

Wall Street Journal September 07 2009

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Futures and Options Traders Magazine September 2009

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Technically Precious With Merv, Sept 4, 2009

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Michael Moore: Capitalism A Love Story (trailer)

Goldman Sachs Is Not Capitalism: On a Very Confused Michael Moore

Michael Moore is one confused theorist. In his latest movie, Capitalism: A Love Story, he tells us at the end the end of his two hour movie that "Capitalism is an evil, and you cannot regulate evil."

He wants to replace capitalism with, get this, "You have to eliminate it and replace it with something that is good for all people and that something is democracy."

Last I looked, democracy was a political system, and capitalism was an economic system. There is no reason you can't have a democratic socialist system, or for that matter, a democratic capitalist system. There is no reason you can't have a socialist dictatorship or capitalistic dictatorship. There's no mutually exclusivity between political systems and economic systems. In other words, Moore doesn't know what the hell he is talking about. (more)