I’m hoping this movie will come out to people as anti-government and not anti-capitalism considering most people can’t tell the different between capitalism and corporatism.
If anyone hasn’t seen the trailer: http://www.youtube.com/watch?v=FzrBurlJUNk.
“I’m hoping this movie will come out to people as anti-government and not anti-capitalism”
Unfortunately I highly doubt it. As soon as I saw “The 2008 Meltdown was Avoidable” and no mention of the Fed I figured this would focus almost exclusively on how evil rich people are and how corporations control the government etc.
I really hope not. The only piece of hope I saw was when Paulson, Bernanke, and Geitner were standing next to each other in a frame. The tripod of the economic crisis and bailout. If it were Ron Paul, Andrew Napolitano, and Peter Schiff standing in a frame together, the screen would have read, “How the 2008 Meltdown Was Avoided”.
From a thread on imdb.com:
"‘Inside Job’ is directed by Charles H. Ferguson. His past works include a film called ‘No End in Sight – The American Occupation of Iraq’ – a piece critical of the Bush administration’s management of the war in Iraq. So far, so good. Sort of.
The alarming thing about Ferguson is his lifelong membership of the Council on Foreign Relations. See CFR’s private membership roster (http://www.cfr.org/about/membership/roster.html?letter=F) and Ferguson’s Wikipedia page (http://en.wikipedia.org/wiki/Charles_H._Ferguson).
CFR is a think tank which, in a nutshell, exists to shape the US international agenda in favour of its corporate members. CFR’s corporate roster is here (http://www.cfr.org/about/corporate/roster.html), and it makes for some startling reading.
The founding member corporations of CFR are as follows:
Bank of America Merrill Lynch
Chevron Corporation
Exxon Mobil Corporation
Goldman Sachs Group, Inc.
Hess Corporation
McKinsey & Company, Inc.
The Nasdaq OMX Group
How can a ‘lifelong member’ of this global banking and Big Oil corporate cabal make such an exposé? Well, Ferguson’s membership of CFR does not constitute a conflict of interest as one might surmise. Instead, it illustrates his real motives; his film is not an exposé, it is a distraction.
The focus of Ferguson’s 2007 piece, ‘No End in Sight – The American Occupation of Iraq’, is the US government’s post-invasion decision-making failures. Insufficient troop levels, looting in Baghdad, and corruption in the Iraqi government form the backbone of the film. Clearly, the film distracts audiences from what really matters: the decision to go to war in the first place, absent of evidence, and the relentless propaganda campaign from the media that aimed to legitimise the illegal war…
As with ‘No End In Sight’, ‘Inside Job’ will not reveal the truth or bring the real culprits to light. Ferguson’s agenda is clear; he is a mouthpiece for his corporate CFR bedfellows. This type of pseudo-exposé aims to distract audiences from the significant truths by focusing on secondary matters. The viewer will be led around by the nose like a blinkered horse, while Ferguson’s war criminal pals can continue bombing and looting to their black hearts’ content. Inside Job? I couldn’t think of a better name."
Whoa. Yeah, I know what the CFR is. Thank you for telling me about that. I don’t know how I never came across that on the Wikipedia page. Hm. That makes me really curious as to why he’d be making this documentary. I guess we’ll have to see what he ends up using as an over-arching theme.
Hahaha. Tell me about it. Thanks again. I will have to look more into this and his other work.
Has anyone seen this movie? I’m going to see it tomorrow with my father in law. Any good?
All right saw the movie. Basically they blamed the entire market collapse on de-regulation (particularly the derivatives market) and we need to have more of an economy like Iceland. Said nothing of the federal reserve printing money.
and we need to have more of an economy like Iceland
like iceland ?!??!
I know! Basically it went like this: "Iceland is a stable democracy with super great institutions (Cut to stock footage of people smiling, serene landscape) “we should be more like them…” So basically the director pulled a Micheal Moore.
The irony is that most of the economy of Iceland is based on creating money out of thin air. So great was their (public and private) debt to the UK that there was talk of them being annexed due to their inability to pay it back. But this tells Keynesians that Iceland must be a utopia!
Speaking of Keynesians, the movie mentioned there is a problem in economic academia. Apparently they are teaching free market economics at university! Who knew!
Have any good sources on this issue?
This is a good background: http://en.wikipedia.org/wiki/2008-2010_Icelandic_financial_crisis. I’ll try to find something about the UK taking them over but I don’t think it was ever seriously a possibility. The problem though was that so much British ‘public’ money was in Icelandic banks that the UK owned a large portion of the country’s economy. Gordon Brown used some pretty heavy rhetoric against Iceland, and froze Icelandic assets in the UK. After reading that article though (even from a leftist source such as Wikipedia), it is unbelievable that anyone could recommend Iceland as a desired economy model.