Michael Moore puts on his tin foil hat to rail against 'the rich'

One of Barack Obama's most famous supporters is a fully certified, 100%, dyed in the wool lunatic.

Michael Moore has weighed in today with what can only be described as a "curious" take on the financial bailout package:


Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies -- who must soon vacate the White House -- are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.

No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich.

C'mon, Mikey. Tell us what you really think!

The problem is, nobody truly knows what this "collapse" is all about. Even Treasury Secretary Paulson admitted he doesn't know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can't figure it out nor can he explain it to anyone.

And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!

Falling for whom? NOTHING in this "bailout" package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance.

Health insurance? Mike, why are you bringing this up? What's this got to do with the Wall Street collapse?

It has everything to do with it. This so-called "collapse" was triggered by the massive defaulting and foreclosures going on with people's home mortgages. Do you know why so many Americans are losing their homes? To hear the Republicans describe it, it's because too many working class idiots were given mortgages that they really couldn't afford. Here's the truth: The number one cause of people declaring bankruptcy is because of medical bills. Let me state this simply: If we had had universal health coverage, this mortgage "crisis" may never have happened.

The fact that the "People are losing their homes because of no national health insurance program" has been debunked so thoroughly and so often that the only reason Moore included it is because he thinks his ignorant readers will fall for it. In fact, medical bills are cited in about 3% of bankruptcies as the primary cause. Most often, it is divorce or loss of job that is the reason for people losing their homes.

And the idea that the Community Reinvestment Act played a big part in all of this is just now breaking through the screen put up to protect Democrats by the MSM and is finally getting some mainstream coverage in the Wall Street Journal and Washington Post. Whether it will be enough to disrupt the primary narrative that lack of regulation led to this crisis is doubtful, however.

Michael Moore is not only a dishonest lout. He is a cold, calculating propagandist for the left who doesn't care about the truth and who shamelessly plays upon his reader's towering ignorance in order to posit conspiracy theories that bear no relation to reality whatsoever.

If you've ever seen any of his filmed docu-fictions, you know he does the same thing there.
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