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Capitalism A Love Story en
00:00:29	This picture,
00:00:30	truly one of the most
00:00:33	contains scenes which
00:00:37	should be viewed by anyone
00:00:39	or anyone who is easily upset.
00:00:42	We urgently recommend
00:00:44	that if you are such a person
00:00:47	of a young or impressionable child
00:00:50	that you and the child
00:00:54	- ( rock music playing )
00:01:03	££ Louie Louie, whoa baby ££
00:01:07	££ l gotta go now ££
00:01:11	££ Louie Louie, whoa baby ££
00:01:15	££ l really gotta go now ££
00:01:19	££ The Communist world
00:01:23	££ The capitalists
00:01:28	££ Money is the reason to be ££
00:01:31	££ lt makes me just
00:01:36	££ Louie Louie, whoa baby ££
00:01:39	££ l gotta go now ££
00:01:44	££ Louie Louie, whoa baby ££
00:01:47	££ l really gotta go now ££
00:01:50	££ Some say it will,
00:01:54	££ Now you see it,
00:01:58	££ We spent all our money
00:02:02	££ lt makes me wanna sing
00:02:06	££ Louie Louie, whoa baby ££
00:02:10	££ l gotta go now ££
00:02:14	££ Louie Louie, whoa baby ££
00:02:18	££ l really gotta go now ££
00:02:20	££ Oh, let's give it
00:02:26	( trumpet playing )
00:02:42	Narrator: Rome was the largest
00:02:45	of the ancient world.
00:02:47	The magnificent facade
00:02:50	could not conceal
00:02:53	the unhealthy dependence
00:02:57	the disparity between
00:03:00	Behind the splendor
00:03:02	were vast areas
00:03:05	Escape from the slums was difficult
00:03:10	and practically none
00:03:12	To keep idle citizens entertained
00:03:15	frequent games and spectacles
00:03:19	At first, only chariot races
00:03:23	But by the reign of Trajan,
00:03:25	brutal combat to the death
00:03:28	Earlier in Rome's history,
00:03:30	elected representatives
00:03:33	But by now,
00:03:35	had been absorbed
00:03:37	who was above the law
00:03:40	That a people as civilized
00:03:43	with the most humane
00:03:46	could tolerate the violation
00:03:49	is astonishing.
00:03:51	This imbalance
00:03:53	of public officials
00:03:56	for Rome's eventual decline.
00:04:01	Michael Moore: l wonder how
00:04:05	Will they judge us by this?
00:04:07	- ££ He's a cat flushin' a toilet... ££
00:04:09	££ He's a cat flushin' a toilet,
00:04:13	££ He's a cat flushin' a toilet. ££
00:04:17	( mews )
00:04:18	Moore: Or will they
00:04:32	Man #1 :
00:04:34	Man #2: Yeah, right there.
00:04:37	- Woman: No--
00:04:55	Man #3:
00:04:57	Woman: Seven.
00:05:08	- Man #1 : Give me the phone.
00:05:10	it's on the c--
00:05:13	All right, that's as close
00:05:22	- Don't stand in front of the door, Dad.
00:05:24	( whispering )
00:05:27	Hey, Sheriff, Robert
00:05:29	- ( knocking )
00:05:32	Woman: They're trying to beat
00:05:35	( loud banging )
00:05:36	There are four of us in here.
00:05:39	We're not gonna resist,
00:05:42	in the house on your own.
00:05:44	But there are four souls
00:05:50	Woman: Dad, don't stand
00:05:52	- Do not.
00:05:54	( banging continues )
00:06:01	Woman:
00:06:03	Tell your name to the camera.
00:06:05	- l'm David Phillips.
00:06:09	And Audra Collins.
00:06:11	( banging continues )
00:06:16	- David: And this is America?
00:06:18	Audra: This is America, folks,
00:06:33	- Sheriff's office.
00:06:35	- Okay, y'all have to come out, please.
00:06:40	Woman: We cannot act like this--
00:06:44	And so this is new.
00:06:46	They've never come out
00:06:49	after they've evicted the person
00:06:51	and threw their furniture
00:06:54	So they're letting us know
00:06:56	that they are stepping it up,
00:06:59	boarding up somebody's house.
00:07:02	This has been my family home.
00:07:04	l've lived here for 41 years.
00:07:09	This is the only home
00:07:11	This is the only-- this will always
00:07:14	- l'm a carpenter.
00:07:16	Man #1 : Sandra, they're leaving.
00:07:18	- Man #2: l'm a carpenter. So what?
00:07:23	- Well, people pay their bills.
00:07:26	Carpenter: That's right.
00:07:28	l don't have to be happy about this,
00:07:30	Sandra: That's all l'm saying is that
00:07:33	- That's all we're saying.
00:07:36	Sandra:
00:07:37	...people here to get upset
00:07:40	We ain't gonna get hurt.
00:07:43	Are you threatening us?
00:07:45	Y'all gonna get on out of here.
00:07:48	Talking about us getting hurt,
00:07:51	Man: There's gonna be
00:07:53	between the people
00:07:56	and the people that's got it all.
00:07:59	l don't understand.
00:08:01	There's no in-between no more.
00:08:03	There's the people that's got it all
00:08:05	and the people that have nothing.
00:08:10	We gotta get this stuff
00:08:12	and be out of here
00:08:15	even though we don't
00:08:21	Oh.
00:08:24	Woman:
00:08:26	The property that it's on
00:08:32	So l've lost a piece
00:08:37	Why do you do this
00:08:47	Why do you take everything?
00:08:50	You take everything
00:08:53	We're just middle-class,
00:08:56	trying to make a living.
00:09:01	Just trying to survive.
00:09:07	An old Browning.
00:09:11	( grunts )
00:09:14	my dad's pistol, my pistol.
00:09:17	( sighs )
00:09:19	- ( knocking )
00:09:22	lt's supposed to be 30 days.
00:09:24	l got 30 days to get my stuff out.
00:09:26	- That's what the guy told me.
00:09:29	What?
00:09:31	lt's currently scheduled for today.
00:09:34	But...
00:09:35	The paper's telling us
00:09:38	to do an eviction here
00:09:41	Huh, shoot.
00:09:44	Well, he's surprised too.
00:09:47	The house is gone.
00:09:49	That cop told me that the house
00:09:51	has already been sold
00:09:53	So we don't own the house no more,
00:09:58	Moore:
00:10:01	a system of taking and giving--
00:10:04	mostly taking.
00:10:07	The only thing we didn't know
00:10:09	was when the revolt would begin.
00:10:12	Man: Everything,
00:10:14	except robbing a bank.
00:10:16	l'm thinking about
00:10:19	You know, that's one way
00:10:23	lf they did it--
00:10:25	l don't know why
00:10:31	Peter zalewski:
00:10:33	l'll probably get a new car next year.
00:10:35	And when l do,
00:10:37	You know, l'm not a car guy.
00:10:38	lf l can go in there
00:10:40	for the equivalent of what
00:10:42	or a Bentley would cost,
00:10:46	Moore:
00:10:48	Florida's up-and-coming
00:10:50	Here we go.
00:10:52	Moore: He calls his
00:10:55	( stuttering )
00:10:57	You have the final notice
00:10:59	So you can see this person
00:11:01	by the police department.
00:11:03	Welcome.
00:11:06	Moore:
00:11:08	with clients who buy up
00:11:10	and then resell them at a profit.
00:11:12	lt's gonna be about
00:11:15	At the end of the day,
00:11:17	are primarily individuals
00:11:19	Today it's on the market
00:11:22	...which are basically bottom feeders
00:11:24	They have no compassion,
00:11:26	They're running purely off numbers
00:11:29	and they're looking to slit
00:11:31	regardless of what
00:11:33	So people always ask,
00:11:36	This is it.
00:11:37	The vulture basically represents
00:11:41	that goes in there
00:11:44	Because they're dealing with
00:11:47	they'll have to vomit on themselves
00:11:49	of cleansing process that occurs.
00:11:51	The vultures
00:11:53	they're the ones
00:11:55	Which bank you want?
00:11:56	What we do is we tap into data...
00:11:58	and boom, voila.
00:12:00	Here we got 3,400 foreclosing
00:12:03	Gotta love it.
00:12:05	As we collect data,
00:12:07	the insight into the battlefield,
00:12:10	almost like a drone that flies
00:12:13	or in Pakistan or in lraq.
00:12:16	The current asking price is 355.
00:12:19	Again, it was purchased for 840.
00:12:21	A little bit of a discount.
00:12:23	Our people are using
00:12:25	and try to steal properties,
00:12:28	but take them at the bare-bone
00:12:30	lt's all about taking right now.
00:12:32	Look at the-- look at the roof--
00:12:35	We haven't had a hurricane
00:12:38	( laughing )
00:12:40	Welcome to the housing crash,
00:12:42	So this-- this is what capitalism is
00:12:44	and this is why the information
00:12:46	We go in there,
00:12:48	and if they like it, you know--
00:12:49	( imitates shotgun )
00:12:51	- Look at the window.
00:12:53	Looks like the house
00:12:55	This is straight up capitalism.
00:12:57	- Fire damage.
00:12:59	zalewski: Everybody's got
00:13:01	and take advantage
00:13:04	Somebody asked me,
00:13:05	''What's the difference between
00:13:07	l said, ''lt's very simple.
00:13:12	Our topic today:
00:13:15	Capitalism?
00:13:16	Well, why should there be
00:13:19	Hasn't it given us the highest
00:13:22	We're free to try to make a profit,
00:13:25	to just get by, or to fail.
00:13:28	That's what capitalism is:
00:13:30	a system of free enterprise.
00:13:32	Now tell us what
00:13:36	Moore: l went to see
00:13:38	a playwright
00:13:40	lnconceivable!
00:13:42	Moore: But Wally also studied
00:13:45	and even a little
00:13:48	Free enterprise
00:13:52	that is intended
00:13:55	a little town with different shops.
00:14:00	And the guy who runs
00:14:03	has the most customers.
00:14:06	Narrator: There is the basis
00:14:08	the profit motive.
00:14:10	He's in business to make money.
00:14:13	Shawn: The original
00:14:15	is that it's a very clever way
00:14:18	of society voting on what goods
00:14:23	it wants made.
00:14:25	What do you use this for?
00:14:27	That's-- l could use that
00:14:31	You know, society votes.
00:14:34	They like the way this guy
00:14:37	makes ice cream.
00:14:39	But the other guy,
00:14:41	they don't like
00:14:44	and they don't buy it,
00:14:49	lt's on me.
00:14:52	Shawn: The basic law of life
00:14:56	you can easily get more things.
00:15:00	Very quickly, one guy can have
00:15:03	five times more
00:15:06	- Free enterprise.
00:15:08	Woman:
00:15:12	Moore: My dad, an assembly-line
00:15:14	bought and paid for our house
00:15:16	before l graduated
00:15:20	We had a new car
00:15:25	We went to New York
00:15:28	That's me on Wall Street.
00:15:31	And that's me
00:15:33	at the World's Fair.
00:15:34	We went to Catholic schools,
00:15:40	lf this was capitalism,
00:15:44	and so did everyone else.
00:15:46	During these years
00:15:50	and they had to pay
00:15:54	90%/%?
00:15:56	Yep.
00:15:58	But they still got to live
00:16:03	And what did we do
00:16:05	We built damns, bridges,
00:16:08	interstate highways,
00:16:12	We even sent a guy to the moon.
00:16:14	Things seemed to be going
00:16:17	Dad had a secure job
00:16:20	if she wanted,
00:16:22	Middle-class families only needed
00:16:26	Our union family had
00:16:30	The kids could go to college
00:16:33	Dad had four weeks
00:16:37	Most people had
00:16:41	And Dad's pension was set aside
00:16:44	lt would be there for him
00:16:48	We got all of this because
00:16:52	had been reduced to rubble.
00:16:55	Here's what the German
00:16:58	And here's the Japanese
00:17:01	l guess you could say
00:17:03	when you have no competition.
00:17:06	Yes, of course
00:17:09	We didn't mind having to put up
00:17:11	with a little bit of this
00:17:16	just as long as we could be
00:17:21	And we could count on our kids
00:17:25	lt sounded like
00:17:28	Capitalism-- no one
00:17:41	And then, right when
00:17:43	of this big love affair
00:17:46	Announcer: The ABC
00:17:49	will continue in its entirety
00:17:50	following this live report
00:17:54	We are at a turning point
00:17:59	Moore:
00:18:01	Too many of us now
00:18:05	self-indulgence
00:18:09	Human identity
00:18:13	by what one does,
00:18:17	but by what one owns.
00:18:20	This is not a message
00:18:22	of happiness or reassurance,
00:18:25	but it is the truth
00:18:28	and it is a warning.
00:18:30	Moore:
00:18:32	lt was time to bring
00:18:35	( horse whinnies )
00:18:36	...one who knew how to act
00:18:38	He knew how to handle workers
00:18:42	( gunshot )
00:18:44	All right, mister, l guess you win.
00:18:47	Moore:
00:18:49	whining about their
00:18:52	Well, l can change that in a hurry.
00:18:56	Moore: A man who knew
00:19:00	Ronald Reagan
00:19:03	to become the most famous
00:19:08	lt's a transistor radio too.
00:19:10	You can slip it
00:19:12	Boraxo waterless hand cleaner
00:19:14	Moore:
00:19:16	and Wall Street
00:19:19	You see, the banks and corporations
00:19:22	to remake America to serve them.
00:19:26	But to pull it off would require
00:19:27	electing a spokesmodel
00:19:30	And on November 4th, 1980,
00:19:35	...that l will faithfully execute
00:19:36	the office of President
00:19:39	Crowd:
00:19:41	Thank you.
00:19:43	Moore:
00:19:46	because now corporate America
00:19:49	were in almost complete control.
00:19:52	See that guy standing
00:19:55	You know, the one
00:19:57	His name was Don Regan,
00:20:00	the Chairman of Merrill Lynch,
00:20:02	the richest and biggest
00:20:07	He took the key position
00:20:10	so he could enact the tax cuts
00:20:14	Regan then became
00:20:16	as the president started to fade.
00:20:20	Then they should give the president
00:20:23	a line-item veto.
00:20:25	- And...
00:20:27	- You're gonna have to speed it up.
00:20:32	Moore: Who tells the president
00:20:35	The man from Merrill Lynch,
00:20:39	Things in America would never
00:20:43	The country would now be run
00:20:47	We're going to turn the bull loose.
00:20:49	( cheering, applause )
00:20:52	Moore: And four years later,
00:20:56	it was all smiley faces
00:20:59	l really feel that we're gonna
00:21:02	We're on the upward swing
00:21:05	and the factories are working
00:21:08	We're back on top.
00:21:14	Moore: Actually,
00:21:17	was the wholesale dismantling
00:21:21	This was not done to save money
00:21:25	as companies back then
00:21:27	record earnings in the billions.
00:21:31	No, it was done
00:21:39	and to destroy the unions.
00:21:41	Millions of people
00:21:45	and the remaining workers
00:21:49	But wages for working people
00:21:55	The richest Americans
00:21:58	cut in half.
00:22:02	lnstead of being paid
00:22:06	we were encouraged
00:22:08	until our household debt
00:22:12	There was an explosion
00:22:16	We found it necessary to lock up
00:22:20	Sales of antidepressants
00:22:22	as insurance
00:22:25	pushed the cost
00:22:28	All of this was great news
00:22:31	and for America's CEOs.
00:22:39	Moore:
00:22:41	some form
00:22:44	During the end
00:22:46	l made my first movie about
00:22:50	and specifically to my hometown
00:22:53	the birthplace of General Motors.
00:22:56	GM was posting profits
00:23:00	while at the same time eliminating
00:23:02	tens of thousands of jobs.
00:23:05	l went to see GM's chief lobbyist
00:23:09	to ask him why
00:23:12	General Motors wouldn't be doing
00:23:15	if it goes bankrupt.
00:23:17	lt has to do what it has to do
00:23:19	in order to stay competitive
00:23:22	Moore: Even if that means
00:23:26	Even if it means
00:23:29	- Or 30,000?
00:23:31	- How about all the jobs here in Flint?
00:23:36	Moore: And it did.
00:23:38	Nearly all the jobs were eliminated
00:23:41	and GM went bankrupt.
00:23:46	Perhaps more distressing was the fact
00:23:50	was now starting to resemble
00:23:54	But there were some cities
00:23:58	££ Cleveland ££
00:24:00	££ Come on down
00:24:02	££ Come and look
00:24:05	££ Here's the place where
00:24:08	££ This train is carrying jobs
00:24:11	££ See the sun almost
00:24:14	££ This guy has at least two DUls ££
00:24:17	££ Our economy's
00:24:20	££ Buy a house
00:24:23	££ Our main export
00:24:25	££ We're so retarded
00:24:28	££ lt could be worse, though,
00:24:33	££ We're not Detroit. ££
00:24:35	Moore:
00:24:39	For 20 years l tried
00:24:42	that this day was coming,
00:24:45	Maybe now they'd listen.
00:24:48	So l went down to the headquarters
00:24:50	one last time to share
00:24:54	You don't have permission.
00:24:56	Huh?
00:24:57	You don't have permission
00:24:59	- You can't film here.
00:25:02	No, sir.
00:25:04	You know, l've been doing this
00:25:06	l understand, sir.
00:25:07	And l have not been
00:25:11	and l think it's about time
00:25:15	and let me talk to them.
00:25:16	l've got some good ideas.
00:25:18	4-7 to 7-6 Bravo Area Alpha.
00:25:23	Man:
00:25:25	lt's Michael Moore here
00:25:31	Repeat that.
00:25:33	lt's the filmmaker
00:25:35	He's here to see the chairman.
00:25:39	- Gentlemen.
00:25:40	You need to get prior permission.
00:25:43	But if l can't go in and get permission,
00:25:45	l guess they're right.
00:25:48	Stop that. Don't do that.
00:25:50	Moore: For 35 years,
00:25:53	than any other corporation.
00:25:55	But eventually,
00:25:57	rebuilt their car industry
00:26:00	that were safer than ours,
00:26:03	and rarely, if ever, broke down.
00:26:08	ln Germany, unions help hire and fire
00:26:12	so the workers have a say
00:26:19	You see, the people
00:26:21	fight to make sure that even
00:26:24	don't destroy their middle class.
00:26:31	So where exactly
00:26:34	On the day that General Motors
00:26:38	l went with my dad to visit
00:26:42	where he had worked
00:26:44	- So you worked actually right here.
00:26:48	they had a ramp that took you
00:26:52	- Just beyond that space there?
00:26:53	- And then the factory was all over there?
00:26:55	Moore: The whole complex
00:26:58	l remember Mom bringing
00:27:00	- 2:30 every day.
00:27:02	You'd walk out of there,
00:27:05	And we'd be waiting
00:27:07	and we'd see you
00:27:10	We got real excited
00:27:13	l was there 33 1/2 years.
00:27:16	- 33 1/2 years?
00:27:18	Moore: What's your best memory here,
00:27:21	My best memory?
00:27:24	They were a really good bunch.
00:27:26	- You liked the crowd you worked with?
00:27:29	Frank Moore:
00:27:32	But l'm sorry to see it go.
00:27:43	Moore:
00:27:46	Republic Windows & Doors
00:27:49	abruptly fired
00:27:52	of over 250 people.
00:27:55	They were given
00:27:59	Bank of America
00:28:01	a line of credit to the company,
00:28:03	and so the workers were not paid
00:28:07	Man #1 : My life revolves
00:28:10	l live according to my obligation
00:28:14	And it's not just me,
00:28:18	We go above and beyond
00:28:21	the call of duty for Republic.
00:28:24	And at the end,
00:28:26	Republic cares nothing for us.
00:28:31	Man #2: We found out that
00:28:34	We don't deserve what
00:28:37	lt really hurts because,
00:28:41	this is my second family.
00:28:43	So it was-- it really hurts.
00:28:45	l'm gonna miss
00:28:49	l'm gonna miss them
00:28:52	anybody on this planet
00:28:55	deserves what they've done to us.
00:29:05	Moore: Scenes like this
00:29:07	all over the country,
00:29:12	££ zambezi, zambezi ££
00:29:14	- ££ zambezi, zam. ££
00:29:17	Moore: The president was enjoying
00:29:21	But as the economy
00:29:23	he decided it was time
00:29:28	Capitalism is the best system
00:29:31	Moore:
00:29:32	Voices from the left and right
00:29:35	with greed and exploitation
00:29:39	Moore:
00:29:41	exploitation, failure?
00:29:44	Go on, l'm listening.
00:29:46	Capitalism offers people
00:29:51	where they work
00:29:53	Reporter: Pat Andrews
00:29:56	Every morning she scans
00:30:00	There isn't anything in here.
00:30:02	l'm not gonna be a gentleman's club
00:30:06	...the opportunity to buy
00:30:10	Reporter: Tom Rendon
00:30:12	at his sign company
00:30:14	all because this one word
00:30:16	for half his business.
00:30:18	lf you seek social justice
00:30:22	the free market system
00:30:26	( applause )
00:30:29	Moore: And for those seeking
00:30:32	free enterprise
00:30:39	Wilkes-Barre, Pennsylvania,
00:30:41	has one of the highest rates
00:30:43	of young people locked up
00:30:47	Perhaps it's because
00:30:49	employ the practices
00:30:52	in dealing with
00:30:55	The county hired a private
00:30:58	with a sweet-sounding name,
00:31:03	lt was owned and run
00:31:06	one of whom was Robert Powell,
00:31:11	His good friend Judge Conahan
00:31:13	closed down
00:31:15	and then got
00:31:17	an $8 million
00:31:20	and charge it back to the county
00:31:22	for a mere $58 million lease.
00:31:27	Let's meet some of Wilkes-Barre's
00:31:31	Magee smoked pot
00:31:33	l was very rebellious
00:31:36	Moore: Matt, he got into
00:31:39	l threw a piece of meat,
00:31:42	cooked dinner,
00:31:44	Moore: Jamie got in a fight
00:31:47	with her best friend.
00:31:48	l just figured, you know, we just weren't
00:31:51	Moore: And Hillary made
00:31:54	making fun
00:31:56	for being strict and having
00:31:59	And it said some pretty silly,
00:32:02	Moore: Her assistant principal
00:32:06	They all appeared before
00:32:10	These kids were about
00:32:13	in American capitalism:
00:32:15	time is money, lots of money.
00:32:20	l went in front of the court,
00:32:23	and l wasn't even in front of him
00:32:25	l was only in front of him
00:32:27	Hillary: The first thing that
00:32:31	''What makes you think
00:32:34	l'm sure he knew in his mind
00:32:36	that he was locking this kid up
00:32:38	He didn't even look at me.
00:32:39	Once l entered the courtroom,
00:32:42	There was about six kids
00:32:45	Every single kid who went
00:32:47	for all different reasons--
00:32:50	got sent away.
00:32:52	Moore: Although Wilkes-Barre is located
00:32:56	here capitalism
00:33:00	Robert Powell, one of the owners
00:33:03	cut a business deal with Judge Conahan
00:33:08	Judge Ciavarella then stepped up
00:33:11	Many of these kids
00:33:13	into PA Child Care's
00:33:18	And for their troubles,
00:33:19	the judges received
00:33:23	while the owners of PA Child Care
00:33:27	of taxpayer dollars
00:33:30	And where did Powell go
00:33:33	On his private plane
00:33:36	and his yacht,
00:33:40	6,500 children
00:33:45	lt was good business
00:33:50	Reporter #1 : Two Luzerne County
00:33:53	They're going to jail.
00:33:54	Reporter #2:
00:33:55	even when probation officers
00:33:59	ln there you lose track of time
00:34:02	l was barely keeping track.
00:34:04	lt was supposed to be, like--
00:34:07	And it went from two months
00:34:09	He said originally
00:34:12	but somehow l ended up
00:34:16	and l never went back
00:34:19	for him to give me extensions.
00:34:21	Moore:
00:34:23	pay off the judges
00:34:25	but their employees were the ones
00:34:28	when a child had
00:34:32	But that makes sense,
00:34:35	turns over to
00:34:37	the duties it should be performing,
00:34:40	what do you expect to happen?
00:34:42	Matt: lt makes me feel like
00:34:45	to just get money
00:34:47	l'm just trying
00:34:52	and just trying to prepare
00:34:54	so l can put this all behind me,
00:34:57	During the whole trial
00:35:00	but with flying it's only me.
00:35:02	lt's just that l just get
00:35:05	l'm the only one on the control.
00:35:07	Moore:
00:35:08	and hopes to become
00:35:12	lf he does,
00:35:14	in capitalism:
00:35:17	that in America,
00:35:20	working at Mickey D's.
00:35:23	- ( applause, cheering )
00:35:25	Captain Sullenberger,
00:35:27	who safely landed an airbus
00:35:30	- saving the lives of 150 passengers?
00:35:33	- Man: A true American hero.
00:35:39	Moore: He met the mayor.
00:35:42	Heck, he even went
00:35:44	And then he went to Congress.
00:35:47	Sullenberger:
00:35:50	But while l love my profession,
00:35:52	l do not like
00:35:55	- ( music halts )
00:35:57	that my decision to remain
00:36:00	has come at a great financial cost
00:36:05	My pay has been cut 40%/%.
00:36:07	My pension, like most airline pensions,
00:36:11	So please do not think l exaggerate
00:36:14	a single professional airline pilot
00:36:18	to follow in their footsteps.
00:36:19	Moore: Whoa, you cleared
00:36:22	l don't think the congressmen
00:36:24	- They like you as a hero.
00:36:27	( patriotic music over dialogue )
00:36:42	Moore: What was
00:36:44	l made $19,000 the first year.
00:36:46	l was bumped up to about 22,000
00:36:50	Last year, gross pay
00:36:53	l made $17,600.
00:36:55	There's a joke in the airline
00:36:58	as new-hire airline pilots
00:37:01	''Hey, don't apply for food stamps
00:37:04	Moore: l don't know about you,
00:37:07	who's got me 30,000 feet up in the air
00:37:11	and not sitting up in the cockpit
00:37:14	looking for loose change.
00:37:16	There was a period
00:37:18	where l was on food stamps.
00:37:21	- You were on food stamps?
00:37:22	- And you were still flying the plane?
00:37:25	With my--
00:37:27	The lady l talked to
00:37:30	when l told her l was a pilot,
00:37:33	but she didn't--
00:37:36	Moore: How have you gotten by?
00:37:38	Relying on credit cards
00:37:41	- when l wasn't on food stamps.
00:37:43	l have about $10,000
00:37:45	just on the necessities,
00:37:47	not on the big-screen TV
00:37:50	Moore: You're using it
00:37:53	- Yes.
00:37:55	- Yes.
00:37:56	Mine is about 80,000.
00:37:58	- l took out $100,000.
00:38:02	And by the time l pay it back,
00:38:04	it'll probably cost me well over
00:38:07	and fees and penalties.
00:38:09	lt's something that l don't--
00:38:12	thinking about
00:38:13	lt's one way that l get down
00:38:16	about my chosen career field
00:38:18	is to think about how much l owe
00:38:20	Moore: Have you had to work
00:38:23	l walk dogs on the side,
00:38:25	l distribute MonaVie Juice.
00:38:29	l have known pilots
00:38:32	for extra cash.
00:38:34	- You mean they give blood?
00:38:37	So they can make extra money
00:38:39	Yeah.
00:38:41	So they get the blood back,
00:38:46	- ( chuckles )
00:38:47	They suck the blood out of you,
00:38:49	- Give you the blood back.
00:38:50	Oh, well then,
00:38:52	The only reason people stay flying
00:38:56	And managements
00:38:58	The airlines
00:39:01	a lot of the flying to commuters
00:39:06	in an effort to basically
00:39:09	You can't compete
00:39:11	to a lower and lower level
00:39:15	without skimping
00:39:20	Moore: At approximately 10:15 PM
00:39:25	Continental connection flight 3407
00:39:28	began its descent
00:39:30	( sirens wailing )
00:39:32	Man: Stand by, there's some
00:39:34	either state police
00:39:36	We need to find out if anything
00:39:37	This aircraft was five miles out,
00:39:40	we have no response
00:39:42	All l could tell you is there was
00:39:45	and we're not talking to them now.
00:39:48	Moore:
00:39:50	and 50 people lost their lives.
00:39:55	The media focused
00:39:58	Reporter: Captain Marvin Renslow
00:40:01	were chatting about their careers.
00:40:03	Moore:
00:40:06	for what the pilots
00:40:08	how little they were paid
00:40:12	There would be
00:40:14	about why we have
00:40:17	that allows a pilot to be paid less
00:40:20	Reporter:
00:40:22	made between
00:40:25	and at one point
00:40:29	Moore: Her second job
00:40:32	at a coffee shop.
00:40:35	How are these companies
00:40:38	( laughs )
00:40:41	lt allows you to get away
00:40:44	like making a profit
00:40:49	Sweetie, l can open it.
00:40:51	Moore:
00:40:53	lrma's husband Dan
00:40:56	at Amegy Bank in Houston, Texas.
00:40:59	- Wanna try to spread it?
00:41:01	Moore:
00:41:03	leaving behind lrma
00:41:08	But unbeknownst to lrma,
00:41:10	a secret life insurance policy
00:41:14	The bank generously named itself
00:41:18	in the event of Dan's death.
00:41:21	The insurance company
00:41:24	that Amegy Bank had received
00:41:28	just weeks after Dan died.
00:41:31	Thank you for helping.
00:41:33	Johnson:
00:41:34	l wanted to find out, well,
00:41:38	- Moore: You didn't know about it?
00:41:40	And they named themselves
00:41:43	Yeah.
00:41:44	Moore:
00:41:47	made them $1.5 million richer?
00:41:50	Mm-hmm.
00:41:52	l know it's not right
00:41:56	from my husband's death.
00:41:58	When l first realized
00:42:00	l was in disbelief.
00:42:04	- lt's hurtful.
00:42:08	Um...
00:42:12	it's hurtful and l wanted answers.
00:42:16	Moore: lrma contacted
00:42:18	a local attorney who had
00:42:21	these kind of corporate
00:42:26	With the normal use of life insurance,
00:42:28	the loss of a loved one
00:42:33	you don't want that person to die.
00:42:37	With these policies,
00:42:40	want the employees to die
00:42:41	in accordance
00:42:44	You are more valuable dead
00:42:49	American Greetings, RR Donnelly & Sons,
00:42:53	are all having problems
00:42:56	These four combined programs
00:42:58	of expected mortality.
00:43:00	These clients are acutely aware
00:43:03	Basically here the broker
00:43:06	that not enough
00:43:09	And therefore the investment returns
00:43:12	The broker writes
00:43:15	at 78%/% of expected mortality.
00:43:17	Okay, so 78%/% of the people
00:43:21	But the problem with that
00:43:25	And you can't count
00:43:27	Moore: Can you think
00:43:29	were you'd actually want
00:43:33	Combatants in war, l guess.
00:43:37	Wow, when do you want
00:43:41	l-l don't know.
00:43:43	War situations,
00:43:49	Drug trials, perhaps.
00:43:51	l don't know.
00:43:54	Moore: l didn't understand
00:43:57	After all, there's a reason
00:44:00	prohibiting me from taking out
00:44:05	because l have a vested interest
00:44:09	Since Attorney Myers had been
00:44:12	l asked him which companies
00:44:14	from these insurance policies.
00:44:16	l don't know,
00:44:18	because there's no place
00:44:20	whether your company
00:44:24	- of these types of products.
00:44:26	The ones that we know
00:44:28	Bank of America, Citibank,
00:44:30	Wal-Mart, Winn-Dixie,
00:44:33	McDonnell Douglas, Hershey,
00:44:35	Nestlé , AT&T,
00:44:38	Ameritech, American Express--
00:44:41	- This is blue chip you're talking about.
00:44:43	These aren't fly-by-night companies
00:44:46	so they can collect a check
00:44:48	There are probably
00:44:51	who are covered by one of these policies
00:44:55	There's a lot of it out there.
00:44:57	Moore:
00:44:59	He used to be what is known
00:45:02	Smith: l worked for Wal-Mart
00:45:07	l mean, l loved that company.
00:45:09	And as it turned out,
00:45:10	over 350,000
00:45:13	on rank and file associates.
00:45:15	These weren't executives.
00:45:17	These were people like my wife,
00:45:20	That's the type of people they were taking
00:45:24	Moore: Paul's wife LaDonna
00:45:28	so she could be a stay-at-home mom
00:45:31	Smith:
00:45:34	She went into
00:45:36	and a nurse comes out and says,
00:45:38	And l said, ''Yes.''
00:45:39	And she said, ''We don't think
00:45:43	Moore:
00:45:45	from which she would
00:45:48	Her family rushed to the hospital,
00:45:50	even though there was nothing
00:45:52	There was a wall here
00:45:55	on the other side of the wall.
00:45:56	And Jessica kept saying,
00:45:59	And l said, ''She's right on
00:46:01	And Jessica said,
00:46:05	so that we can see her?''
00:46:08	And that just sticks with me.
00:46:10	Do you remember that?
00:46:14	Smith: We had to stay in there with her,
00:46:18	''My dear wife, l miss you more
00:46:23	You are my life.
00:46:24	You always see beauty
00:46:27	l've always admired you for that.
00:46:31	l want you to come back
00:46:33	l still have a lot left to learn
00:46:36	Your loving husband, Paul.''
00:46:40	You okay, Wesley?
00:46:44	She was 26 years old.
00:46:47	LaDonna: You're silly.
00:46:50	Myers: The younger a person is,
00:46:54	because they're expected
00:46:57	Women are also expected
00:46:59	So the most valuable employee
00:47:02	if they're dead,
00:47:05	Moore:
00:47:06	one of the richest corporations
00:47:09	an extra $81,000.
00:47:11	l was faced with over $100,000
00:47:15	and a $6,000 funeral
00:47:18	and Wal-Mart didn't offer a penny
00:47:22	l did trust them.
00:47:25	And never in a million years
00:47:28	that somewhere
00:47:31	''Dead associate, $81,000.''
00:47:34	Wal-Mart doesn't care about you.
00:47:38	When someone passes away,
00:47:40	they shouldn't get
00:47:54	Myers: The common denominator
00:47:56	is that when the employee dies,
00:47:58	the employer gets paid
00:48:01	They're often referred to
00:48:05	Moore: Dead peasants?
00:48:08	Myers: lt's very creepy.
00:48:11	Dead is clear.
00:48:13	That's the worker who's passed away,
00:48:15	Peasant, l don't know why
00:48:18	l don't know if it has
00:48:20	or that's just the way they view
00:48:23	of the employees' lives.
00:48:25	Dead peasants?
00:48:26	Yeah, amongst themselves
00:48:30	lt's insulting to refer
00:48:34	( sniffles )
00:48:41	Moore:
00:48:43	had a second
00:48:46	bringing their total take
00:48:53	- ls capitalism a sin?
00:48:54	- ls capitalism a sin?
00:48:56	Capitalism for me and for many of us
00:48:58	at this present moment is an evil.
00:49:02	lt's contrary to all that's good.
00:49:05	lt's contrary to compassion.
00:49:08	lt's contrary to
00:49:11	Capitalism is precisely
00:49:15	our holy books in particular,
00:49:19	and in some form and fashion,
00:49:22	God will come down
00:49:27	Moore:
00:49:30	the priest from Flint
00:49:33	Preston:
00:49:35	and therefore
00:49:39	Moore:
00:49:41	That might be a little harsh,
00:49:43	so l decided to go
00:49:45	that married my sister
00:49:47	l'm sure he would have
00:49:50	when it came to capitalism.
00:49:52	lt is immoral, it is obscene,
00:49:56	You know...
00:49:59	it is really radical evil.
00:50:01	lt's radically evil.
00:50:03	Moore: Wow, does their boss know
00:50:07	l thought it best to go
00:50:10	Bishop Thomas Gumbleton:
00:50:12	providing for the well being
00:50:16	And that's what makes it
00:50:19	almost in its very nature
00:50:22	something contrary
00:50:26	''Blessed are the poor,
00:50:29	That's right out
00:50:32	Moore: How have we put up
00:50:35	l mean, it's--
00:50:37	The system has built into it
00:50:41	l'm in awe of propaganda--
00:50:44	the ability to convince people
00:50:47	who are victimized
00:50:49	to support the system
00:50:52	We know that American capitalism
00:50:56	because its chief elements--
00:50:58	private ownership,
00:51:01	and the competitive market--
00:51:04	They are compatible with God's laws
00:51:09	Moore: For as long
00:51:11	l've been told that competition
00:51:14	( distorted )
00:51:16	and the teachings of the Bible.
00:51:18	Moore: And if increasing profits
00:51:21	or cashing in on the death
00:51:23	( distorted ) Compatible with God's laws
00:51:26	Moore: ...it is morally right to provide
00:51:29	( distorted )
00:51:32	and the teachings of the Bible.
00:51:33	Moore:
00:51:36	( distorted )
00:51:40	Moore: What were we really
00:51:43	( distorted )
00:51:46	Moore: And so all good Americans
00:51:48	our capitalist economic system
00:51:52	with the teachings of the Bible.
00:51:57	( organ music playing )
00:52:02	When l was a kid,
00:52:06	lt wasn't because
00:52:08	or the Knights of Columbus
00:52:10	or even the groovy nuns
00:52:14	lt was because of the priests
00:52:18	or tried to stop the war,
00:52:21	or devoted their lives to the poor.
00:52:24	They told me quite clearly
00:52:28	that the first shall be last
00:52:33	That the rich man
00:52:35	getting into heaven;
00:52:37	That we will be judged by how
00:52:41	And that there are no people
00:52:44	than the poor.
00:52:47	Since that time,
00:52:49	by a lot of people who believe
00:52:52	was sent here to create
00:52:56	l must have missed
00:52:59	where Jesus became a capitalist.
00:53:06	Man:
00:53:08	what must l do
00:53:11	Go forth and maximize profits.
00:53:16	You say the Kingdom of Heaven
00:53:20	but when exactly will it come?
00:53:21	When you deregulate
00:53:25	- ( voices overlapping )
00:53:28	l've been this way for 20 years.
00:53:33	l'm sorry, l cannot heal
00:53:38	He'll have to pay out of pocket.
00:53:43	Moore: Somehow, l don't think
00:53:46	so he could ring the bell
00:53:49	And yet,
00:53:51	the rich have claimed him
00:53:54	When l'm on Wall Street
00:53:58	that that's the very nerve center
00:54:02	and l realize
00:54:06	for working people in America,
00:54:09	Let me add to it.
00:54:11	Over the whole duration of the lraq war
00:54:15	you look at the world's stock markets
00:54:19	and despite these horrible pockets
00:54:23	that we've been describing,
00:54:26	The global economy
00:54:27	and the global stock markets
00:54:30	lt is either a God-given miracle
00:54:32	or it has something to do
00:54:34	of the spreading world
00:54:37	Moore: They think
00:54:39	What do you think
00:54:42	l think he would
00:54:46	to be part of it.
00:54:50	Moore: Jesus would refuse
00:54:53	but he probably had
00:54:55	for whoever leaked
00:54:58	about their plan to rule the world.
00:55:02	Back in 2005 and 2006,
00:55:04	Citigroup wrote
00:55:06	to their wealthiest investors
00:55:11	They reached the conclusion
00:55:13	was no longer
00:55:15	but had become a plutonomy--
00:55:18	a society controlled exclusively
00:55:21	of the top 1%/%
00:55:24	who now had
00:55:26	than the bottom 95%/% combined.
00:55:30	The memo gloated about the growing gap
00:55:33	and how they were now
00:55:37	and that there was no end in sight
00:55:41	There was, though,
00:55:44	According to Citigroup,
00:55:46	the most potent
00:55:49	would be societies demanding
00:55:51	a more equitable share
00:55:53	ln other words,
00:55:58	Citigroup lamented
00:56:00	might not have
00:56:02	but they do have
00:56:06	One person, one vote.
00:56:09	And that's what
00:56:12	that we can still vote.
00:56:14	ln fact, we have
00:56:18	and they only have 1%/%.
00:56:23	So why do the 99%/%
00:56:27	According to Citigroup,
00:56:31	believe that someday
00:56:33	of becoming
00:56:36	if they just keep trying
00:56:42	The wealthy were pleased
00:56:44	had bought in
00:56:47	while they, the rich,
00:56:50	of ever sharing it with anyone.
00:56:53	l think capitalism is a lot more
00:56:56	l'm not even a big believer
00:56:58	l always say that democracy is--
00:57:02	deciding on what to have
00:57:04	Moore: This is Stephen Moore--
00:57:07	a columnist
00:57:10	of ''The Wall Street Journal,''
00:57:11	the daily bible
00:57:15	Look, l'm in favor of people
00:57:18	and things like that, but you know
00:57:20	that have the right to vote
00:57:24	Democracy doesn't always lead
00:57:28	or even a good political system.
00:57:30	With capitalism, you are free
00:57:33	to make whatever you want
00:57:35	lt doesn't mean
00:57:37	Remember, the US Constitution
00:57:41	Moore:
00:57:44	All my life l've heard that America
00:57:48	So l went to see the original Constitution
00:57:52	l'm trying to see where it sets up
00:57:55	like where it says we have
00:57:59	Guard:
00:58:01	- Judicial part of the--
00:58:03	Moore: There was no mention
00:58:07	or capitalism anywhere.
00:58:10	ln fact, all l saw
00:58:14	something about
00:58:16	and ''promoting
00:58:20	Welfare, union, we?
00:58:24	That sounded like that other -ism.
00:58:27	But no, that's democracy.
00:58:30	And l began to wonder,
00:58:32	And l began to wonder,
00:58:33	if the workplace
00:58:36	There's always been a big separation
00:58:40	and how businesses
00:58:43	Moore:
00:58:44	There seems to be a disconnect
00:58:46	between our professed love
00:58:48	and how we're so willing
00:58:51	every day we show up to work.
00:58:54	lt's not that way
00:58:58	They design and build
00:59:02	lt's a $15 million-a-year business.
00:59:05	Man:
00:59:07	are the owners of the business.
00:59:10	Moore: He's not talking about
00:59:14	He means they're the true owners.
00:59:17	Man: And it's a democratically-run
00:59:20	has one vote and an equal say.
00:59:23	- All in favor?
00:59:26	Man: lt takes the money
00:59:29	Moore: By taking the money
00:59:31	so that they can call the shots,
00:59:33	they end up making more money.
00:59:35	Cool, huh?
00:59:42	And how patriotic
00:59:45	their love of American democracy
00:59:55	Just imagine if the place
00:59:57	was run by you
01:00:00	You probably wouldn't
01:00:02	to increase the value
01:00:05	Or give yourself
01:00:06	while making your coworkers
01:00:09	Man:
01:00:11	You really can't because everyone else
01:00:15	saying, ''Why is this guy
01:00:17	You know,
01:00:20	The bottom line is you've
01:00:22	who roll up their sleeves
01:00:24	But if there's someone
01:00:26	that collects all the extra money,
01:00:29	Moore:
01:00:32	what a novel idea.
01:00:36	Out in California,
01:00:40	where workers make thousands
01:00:43	Man:
01:00:45	the benefit
01:00:46	the more you share
01:00:49	Man #2:
01:00:52	No big ls, little yous.
01:00:54	Me as the CEO,
01:00:58	that anybody else does.
01:01:00	And that has proven
01:01:02	to be very lucrative
01:01:06	Moore: Assembly-line workers here
01:01:10	more than
01:01:12	for a starting pilot
01:01:15	Man: l'm just hoping
01:01:18	of this type
01:01:20	and start considering it
01:01:24	Why do you want
01:01:25	How many cars do
01:01:27	Moore: Clearly, he's not a car guy,
01:01:32	His bread factory and hundreds of other
01:01:35	are proof that people aren't always
01:01:39	( fanfare )
01:01:42	Announcer:
01:01:44	Moore: lnstead of using his genius
01:01:48	Dr. Jonas Salk spent
01:01:51	putting monkey kidneys
01:01:53	trying to find a cure
01:01:56	And when he did,
01:02:00	This man could have been rich
01:02:04	had he sold his vaccine
01:02:07	But he thought
01:02:09	for the greater good.
01:02:11	And the decent salary
01:02:14	and a research professor
01:02:16	a comfortable life.
01:02:18	Who owns the patent
01:02:21	Well, the people,
01:02:23	There is no patent.
01:02:26	Moore: Yes, we've come a long way
01:02:30	Because today our best minds
01:02:34	Where do we send our top
01:02:35	Where do we send our top
01:02:38	lnto finance.
01:02:40	They don't go into
01:02:42	They go to Wall Street.
01:02:45	Moore: Today's students,
01:02:48	can graduate from college
01:02:51	of up to $100,000 or more.
01:02:54	These students are then
01:02:56	for the next 20 years.
01:02:59	And the best way for them
01:03:02	is to go to work for them
01:03:04	instead of working
01:03:07	Black: We've taken people that could
01:03:11	just what we're short of
01:03:13	and we take them and we
01:03:16	that isn't simply less
01:03:18	but where they're
01:03:21	where actually every day they work,
01:03:24	Moore: So what exactly were the top
01:03:28	and other schools
01:03:30	Derivatives... derivatives...
01:03:32	Credit default swaps.
01:03:34	l can't make any sense
01:03:36	l might as well quit.
01:03:38	Moore:
01:03:40	when l started hearing
01:03:42	So l went down to the New York Stock
01:03:46	Sir, can you explain
01:03:48	Can anybody explain
01:03:50	Can someone explain
01:03:52	Sir, can you tell me what
01:03:54	Can you explain
01:03:55	Can you tell me
01:03:57	- Nobody'll talk to me.
01:03:59	l can see that.
01:04:01	- l'm looking for some advice.
01:04:03	You guys got any
01:04:07	A derivative?
01:04:09	( sighs )
01:04:10	Moore:
01:04:13	who wasn't a film critic.
01:04:15	Marcus Haupt is an lvy League
01:04:18	who was a vice president
01:04:21	and spent 15 years
01:04:23	creating what they call
01:04:26	What is a derivative?
01:04:28	A derivative
01:04:30	on an underlying product.
01:04:32	So you may have a stock
01:04:34	And that option on that stock
01:04:37	but not the obligation
01:04:40	How should we put this?
01:04:43	of whether or not you want to ultimately
01:04:45	Let me explain it another way.
01:04:48	is based on the price
01:04:50	lt's kind of like
01:04:52	lf you think of,
01:04:55	um, maybe l should go back.
01:04:58	Let me start this over again.
01:05:01	Moore:
01:05:04	Maybe there's someone
01:05:07	who could explain it to me.
01:05:08	Yeah, the-- the-- the--
01:05:11	the-- the-- the--
01:05:14	so the seller holds the loan
01:05:17	And they sell off--
01:05:20	somebody-- somebody else--
01:05:23	Sorry, let me just back up.
01:05:26	l apologize.
01:05:30	Moore:
01:05:32	than complicated
01:05:34	Here's what the math equation
01:05:37	Can't figure it out?
01:05:39	That's okay.
01:05:41	They've made them
01:05:44	so they can get away
01:05:46	Let's say you're a lawyer
01:05:48	and you're from the government
01:05:50	if these things
01:05:52	lf you can figure out
01:05:54	most likely that Wall Street
01:05:57	Could l go to Wall Street
01:06:00	to set up a derivative
01:06:02	Yes.
01:06:04	Believe me,
01:06:05	there's a derivative on it.
01:06:07	Moore:
01:06:09	an insane casino.
01:06:12	We've allowed them
01:06:14	including our family home.
01:06:24	Reporter #1 : ...the most powerful central
01:06:27	Reporter #2:
01:06:29	Reporter #3: Alan Greenspan says
01:06:32	Reporter #4: Greenspan gone wild.
01:06:35	What do Mick Jagger
01:06:38	Alan Greenspan,
01:06:41	was surely thought to be
01:06:43	who had walked the face
01:06:45	he starts using a phrase,
01:06:48	--that Americans can tap
01:06:51	which is just
01:06:53	for ''borrow against
01:06:56	And if you can't repay it
01:06:58	lt actually started by talking
01:07:03	people who already
01:07:04	into refinancing
01:07:07	to get them out of houses.
01:07:09	Moore: Yes, get senior citizens
01:07:13	The scam to swindle people
01:07:16	they already owned
01:07:19	Here's how it worked.
01:07:21	First, tell these homeowners
01:07:25	And that bank is your home.
01:07:28	So if your home
01:07:32	that makes you
01:07:35	You're sitting
01:07:37	You own your own bank.
01:07:40	The bank of you.
01:07:43	And you can use your bank
01:07:46	Just refinance.
01:07:48	Everyone's doing it.
01:07:49	Of course hidden in the dozens
01:07:53	are tricky clauses that allow the bank
01:07:55	to a number
01:07:57	perhaps so high that you won't
01:07:59	But that's okay.
01:08:01	lf you can't pay it
01:08:06	Of course, before they
01:08:09	they needed to change
01:08:12	Moore:
01:08:15	lt was in an annual
01:08:17	John Gilleran, the head of the Office
01:08:22	which is supposed to regulate
01:08:24	he's the guy
01:08:26	And the four other
01:08:28	in the photo are the three
01:08:33	and the deputy director of the Federal
01:08:37	And they're poised over
01:08:41	And this is supposed
01:08:43	their intention
01:08:46	And they succeeded.
01:08:48	And now we know what happens
01:08:50	when you destroy
01:08:52	You produce a financial
01:08:55	A growing family
01:08:57	A young couple
01:09:00	A business owner whose
01:09:03	Every one of them was
01:09:06	by three different lenders.
01:09:07	l'm with Countrywide
01:09:11	Moore:
01:09:14	and blonde hair.
01:09:15	lt's the same pitch
01:09:18	in the neighborhood.
01:09:20	( imitating Brando )
01:09:21	You got a lot of debt.
01:09:23	You don't have any money
01:09:25	You can't find
01:09:28	lt's okay.
01:09:31	lt's called subprime.
01:09:33	You pay no interest now.
01:09:35	You pay a little more later.
01:09:38	Don't worry about later.
01:09:41	And like the mafia,
01:09:44	Citibank, Wells Fargo,
01:09:48	Let's go.
01:09:50	...they would someday
01:09:52	and take your home.
01:09:58	Randy Hacker:
01:10:01	Then it went to 2,000.
01:10:04	Then it went to 2,700.
01:10:06	Can't do it.
01:10:12	Moore: These are the Hackers
01:10:16	Randy is a railroad worker
01:10:18	and Donna works
01:10:21	Their farm, which had
01:10:25	had been foreclosed
01:10:29	Randy had had an accident
01:10:31	and was now
01:10:36	They absolutely just plain
01:10:40	my whole life's savings
01:10:42	by a stroke of a pen
01:10:46	Moore: The Hackers showed me
01:10:50	What caught my eye
01:10:51	was the town from which
01:10:54	lt turns out that a company
01:10:58	has chosen to run
01:11:01	of all places, one of
01:11:04	in the United States.
01:11:06	This company hires
01:11:08	to send out nearly 60%/%
01:11:11	of all the foreclosure
01:11:14	ln what seems to be some
01:11:17	my hometown was now
01:11:20	of helping to turn
01:11:22	into Flint.
01:11:29	Typically when a bank forces
01:11:32	out of their home
01:11:34	to come and clean up
01:11:38	ln this case,
01:11:40	why pay top dollar when
01:11:44	who will work cheap?
01:11:46	ln a final humiliation
01:11:48	the Hackers went
01:11:50	that took their home.
01:11:54	Donna: ''Property is to be turned over
01:11:57	with all trash, debris
01:12:02	Upon delivery of the keys
01:12:04	the PAS representative will
01:12:13	Randy:
01:12:16	to get out
01:12:20	l really want to thank them.
01:12:23	My wife worked for a week
01:12:25	and make sure it was
01:12:28	l'm glad they did that.
01:12:30	lt was awful nice of them.
01:12:32	Yeah, l'd like to
01:12:44	l have one more.
01:12:49	Oh, that goes to
01:12:52	Trying to think what--
01:12:54	that goes that that.
01:12:56	to keep kids out
01:12:58	And here's
01:13:00	Moore:
01:13:03	is a robbery.
01:13:06	l'm starting to understand
01:13:10	they lose their minds
01:13:12	l'm not gonna say l would
01:13:15	but l can see how
01:13:18	into that situation where
01:13:20	people go in there with bombs
01:13:23	and shoot at them.
01:13:25	Anything that happens to them
01:13:27	is all l can say.
01:13:29	l hope something happens--
01:13:31	yeah, well.
01:13:35	Can't say no more.
01:13:42	Some roadkill right there.
01:13:44	Moore:
01:13:46	He handled all the VlP loans
01:13:49	the nation's largest
01:13:53	Although Countrywide
01:13:55	in outrageously high interest
01:13:59	Bob's job was to take care of
01:14:01	some of the country's
01:14:05	Bob: One day one of the bigger
01:14:08	He said, ''l want you
01:14:09	l said okay.
01:14:11	And he said,
01:14:14	Angelo Mozilo's the CEO
01:14:17	''Give him this rate.
01:14:21	And get it locked in.
01:14:25	And l was like,
01:14:30	So it was
01:14:31	that handled friends
01:14:35	Discounts were being given.
01:14:37	Fees were being waived.
01:14:38	And at times paperwork
01:14:41	We literally would
01:14:46	These were really
01:14:48	l had Richard Holbrooke--
01:14:51	Donna Shalala,
01:14:53	people on Capitol Hill, people that
01:14:57	people that regulate
01:14:59	and Jim Johnson,
01:15:02	Alphonso Jackson
01:15:07	Senator Conrad from
01:15:10	l had the TV on in my house.
01:15:13	and l heard a voice
01:15:15	about predatory lending
01:15:18	Our nation's financial regulators
01:15:20	are supposed to
01:15:22	protecting working Americans
01:15:24	from unscrupulous
01:15:26	Bob: Senator Dodd--
01:15:29	And l just stared at
01:15:32	Some of these loans
01:15:35	when made to sophisticated
01:15:37	with higher incomes.
01:15:39	l had done a number
01:15:42	in which he got discounts
01:15:45	that go with being
01:15:47	and all the good stuff.
01:15:48	Moore: The Senate Banking
01:15:50	is supposed to be the watchdog
01:15:53	Senator Dodd is the chairman
01:15:56	and has served on it
01:15:59	As a friend of Angelo
01:16:01	he received
01:16:04	of discounted loans
01:16:06	Someone next door here
01:16:10	piece of crap
01:16:13	l was required to give the most
01:16:16	Moore:
01:16:18	what you were doing
01:16:20	Bob: l didn't feel like l was
01:16:23	l was just doing my job.
01:16:27	Everyone in the company
01:16:29	You know, everyone.
01:16:30	So it was kind of
01:16:33	But no, l don't feel like l did
01:16:37	And if l didn't do it, somebody else
01:16:41	Moore:
01:16:44	one of the bank regulators
01:16:46	the Savings & Loan scandal
01:16:49	Something improper happened
01:16:51	and l bet you
01:16:53	Moore: One of the leading figures of
01:16:56	had an idea on what to do
01:16:59	and sent a memo out
01:17:02	l asked him who was
01:17:06	Where was the FBl
01:17:08	The FBl began
01:17:11	in September 2004
01:17:14	that there was an epidemic
01:17:17	perpetrated by the banks.
01:17:19	Epidemic was their word.
01:17:21	But when 9/11 hit,
01:17:23	the Bush administration
01:17:27	at least 500 white-collar
01:17:31	out of dealing
01:17:34	even though we were entering
01:17:36	during the entire
01:17:38	the greatest wave
01:17:41	in the nation's history,
01:17:44	The FBl says that 80%/%
01:17:48	of the mortgage
01:17:50	are induced
01:17:52	Meaning what?
01:17:54	Meaning not the borrower
01:17:56	coming off the street trying
01:17:59	These are frauds led by whoever
01:18:03	- Right.
01:18:06	So did these CEOs
01:18:09	They have gotten
01:18:13	Moore:
01:18:15	And with the presidential
01:18:18	- Define rich.
01:18:21	...the elites were worried that their crime
01:18:25	After bilking trillions
01:18:28	by repossessing their homes,
01:18:30	bankrupting them
01:18:32	and convincing them
01:18:35	and pensions in the casino
01:18:38	the rich decided to make
01:18:41	and as their 30-year long
01:18:45	take as much of the silverware
01:18:48	But first they needed
01:18:51	And as they learned
01:18:54	nothing works better
01:18:57	than some good old
01:19:00	And who better to wheel out
01:19:04	than Chicken Little himself?
01:19:07	Oscar voters,
01:19:11	Good evening.
01:19:12	This is an extraordinary period
01:19:15	The government's
01:19:18	warn that without immediate
01:19:20	America could slip into
01:19:23	and a distressing scenario
01:19:26	More banks could fail,
01:19:30	- ( thunder rumbling )
01:19:32	which would reduce the value
01:19:34	The value of your home
01:19:37	Foreclosures would
01:19:40	And if you own
01:19:42	you would find it harder
01:19:45	More businesses
01:19:47	and millions of Americans
01:19:50	- ( screams )
01:19:53	it would be more difficult for
01:19:56	to buy a car or send
01:19:58	And ultimately our country
01:20:01	- a long and painful recession.
01:20:03	Fellow citizens,
01:20:07	Moore: ln reality there was no
01:20:11	because the mainstream media
01:20:13	had already drunk
01:20:17	Meltdown.
01:20:19	is rocked to its foundation.
01:20:21	The giant bank crumbles,
01:20:23	- Nightmare on Wall Street.
01:20:27	- Blood on the floor.
01:20:29	A category-five test
01:20:32	What the fuck happened?
01:20:35	Have you ever seen
01:20:38	lt starts with a little crack,
01:20:41	Reporter:
01:20:43	Congress struck down
01:20:45	Big banking
01:20:47	Black:
01:20:49	and it destroys all
01:20:52	Reporter:
01:20:54	seeped deeper and deeper
01:20:57	Black:
01:20:59	The weight of the dam
01:21:01	conspire against it.
01:21:02	Reporter:
01:21:04	leading a huge selloff...
01:21:05	Reporter #2:
01:21:08	were in freefall
01:21:09	Black:
01:21:12	Reporter: Wall Street's losing
01:21:16	Black: And then suddenly you've
01:21:20	A dam exploding.
01:21:21	Reporter:
01:21:23	Merrill Lynch,
01:21:25	- Now AlG.
01:21:27	Reporter:
01:21:28	has brought down
01:21:31	Black:
01:21:33	Reporter: This morning,
01:21:36	the largest failure
01:21:38	Reporter #2:
01:21:40	The largest single point drop in history.
01:21:46	Black:
01:21:49	And the whole failure
01:21:51	looks like it only takes
01:21:53	But of course,
01:21:57	that's been there
01:22:00	that really destroyed it.
01:22:02	You have this fundamentally
01:22:06	built on
01:22:09	instead of bedrock.
01:22:11	And it was rotted
01:22:15	lt seems like capitalism
01:22:19	Who got rich here?
01:22:20	Lots of people got rich
01:22:23	primarily the officers
01:22:27	of the large banks
01:22:30	and the specialty
01:22:33	These people became
01:22:36	And members of Congress got rich,
01:22:39	especially once
01:22:41	A number of them go and work
01:22:44	Sure, and as do
01:22:47	Moore:
01:22:51	at both Citigroup
01:22:54	champion a change in the law
01:22:56	that allowed commercial banks
01:22:58	like investment banking
01:23:04	This made it legal
01:23:06	merge with Travelers Group,
01:23:08	a deal valued
01:23:11	creating the world's
01:23:13	After leaving
01:23:16	Rubin worked for Citigroup,
01:23:18	earning more than
01:23:22	Summers made
01:23:24	Summers made his money
01:23:28	and in giving speeches
01:23:31	at apparently, in some cases,
01:23:34	over $100,000 a pop.
01:23:37	Moore: Summers also made $5.2 million
01:23:40	advising a hedge fund.
01:23:44	Where did Geithner work?
01:23:45	Geithner has been a failure
01:23:48	at pretty much everything
01:23:51	Most of the institutions
01:23:55	were under his direct
01:23:59	How did he get the job
01:24:01	By completely
01:24:04	as President of the Federal
01:24:07	That makes no sense.
01:24:09	Of course, it makes
01:24:11	This is not
01:24:13	People who will give you
01:24:15	but the answer you want
01:24:19	And they often get promoted
01:24:21	precisely because
01:24:24	and do absurd things.
01:24:26	These are the people
01:24:30	that financial deregulation
01:24:34	And these are the people who
01:24:41	Moore: lt was not surprising that
01:24:45	But now they had come up with
01:24:49	Just back a big truck up
01:24:53	and take $700 billion
01:24:56	no questions asked.
01:24:58	l got Michael Moore here. You know who
01:25:02	The film director.
01:25:05	- l got my wife on the line.
01:25:07	How are you doing?
01:25:09	How are you, sir?
01:25:10	- We're from Michigan you know?
01:25:12	How did this
01:25:14	l got home on a Friday, everything
01:25:18	l call back after my plane
01:25:21	just to check in
01:25:23	and all of a sudden we've
01:25:25	and that l'm gonna have to vote
01:25:27	for a multibillion-dollar bailout
01:25:30	The word that we got
01:25:34	the economy would collapse,
01:25:39	l felt that
01:25:43	of this crisis in September,
01:25:45	just a few weeks
01:25:47	was very suspicious.
01:25:48	This is when Congress
01:25:51	And l thought, ''Wait a minute.
01:25:54	This is not normal.''
01:25:56	Moore:
01:25:58	and the Bush administration
01:26:00	quickly held a series
01:26:02	with the titans
01:26:05	just how much money
01:26:07	all the bad bets
01:26:11	A deal was cut with Treasury
01:26:15	the former CEO
01:26:18	whose net worth was estimated
01:26:22	when he left Goldman
01:26:25	l think we saw the best of
01:26:29	in the Speaker's
01:26:33	Moore:
01:26:36	Or did he mean
01:26:40	The Treasury Department,
01:26:41	it's basically an arm
01:26:44	All the people in charge
01:26:47	We call it Government Goldman
01:26:50	Moore:
01:26:52	former Goldman executives
01:26:56	as there were under Clinton.
01:26:58	They worked as powerful
01:27:01	to abolish
01:27:04	while we paid
01:27:06	Black:
01:27:08	he wasn't just randomly
01:27:10	He was the guy at Goldman
01:27:14	into buying these exotic
01:27:18	So he got Goldman in
01:27:21	Moore:
01:27:23	had now destroyed much
01:27:26	And with the Goldman boys
01:27:29	inside the government,
01:27:32	would end up as the kings
01:27:35	when the dust settled.
01:27:36	Black:
01:27:38	that should be giving advice
01:27:41	So naturally Paulson,
01:27:42	former CEO of Goldman,
01:27:46	And what advice do they
01:27:48	Well, to use the taxpayers
01:27:51	to bail out Goldman
01:27:54	and other favored financial
01:27:57	Well, Secretary Paulson
01:28:00	a simple proposal
01:28:01	This is it--
01:28:04	lt's about
01:28:06	And it is quite simple.
01:28:09	Secretary Paulson gets
01:28:12	He's gonna start off
01:28:15	in the name
01:28:17	maybe more later.
01:28:20	All laws!
01:28:22	Not even court review.
01:28:26	We are in a real
01:28:29	that could mushroom
01:28:31	into something worse
01:28:34	So l saw fear.
01:28:37	People are telling us
01:28:41	And l'm up for election
01:28:42	Eight weeks away
01:28:44	l don't want to make a mistake.
01:28:47	Heaven help us.
01:28:49	lf we fail to pass this
01:28:51	l fear the worst
01:28:54	And a few members
01:28:56	that there would be martial law
01:29:00	They were ramming this
01:29:02	They wanted us to vote on it
01:29:04	without any kind of
01:29:07	- No real hearings?
01:29:09	And l wasn't about to--
01:29:11	l got cornered into voting
01:29:14	for the lraq resolution
01:29:17	that they made to me and l wasn't going
01:29:19	l will not wait on events
01:29:22	l will not stand by as peril
01:29:26	Use fear and then you
01:29:31	And they created
01:29:33	two months before election--
01:29:36	People understand that
01:29:39	needs to pass this piece
01:29:41	Mr. Speaker, my message
01:29:44	don't let Congress
01:29:47	These criminals have
01:29:50	they can shut down the normal
01:29:53	of the highest lawmaking
01:29:55	All the committees
01:29:57	every word of what is being
01:30:00	And that means the American
01:30:03	We are constitutionally sworn
01:30:05	to protect and defend
01:30:07	against all enemies
01:30:11	They say it's gonna be
01:30:13	This is the same politics
01:30:16	from the fat-cat financial
01:30:19	Why aren't we asking Wall Street
01:30:21	Why aren't we helping
01:30:25	Why aren't we reducing debts
01:30:28	ls this the United States Congress
01:30:30	or the board of directors
01:30:32	Moore:
01:30:35	the American people
01:30:38	flooded Capitol Hill
01:30:41	demanding that
01:30:47	The bailout package
01:30:50	voted down in the House
01:30:52	The stock market plunged--
01:30:54	plunged to the single
01:30:56	in the Dow average
01:30:59	The question is this:
01:31:00	is the failure of
01:31:03	to vote all the incumbents
01:31:06	1 2 votes killed it.
01:31:08	So did the voices of a lot
01:31:10	who called their representatives
01:31:14	Then Congress voted no.
01:31:16	Tonight Congress
01:31:18	Moore: lt was a rebuke that Congress
01:31:21	had rarely,
01:31:24	lt was what the Citibank
01:31:27	That if the peasants
01:31:29	to exercise their
01:31:31	the pillaging by the wealthy
01:31:34	So Paulson and company headed
01:31:38	And faster than you can say
01:31:41	they cut a backroom deal
01:31:47	This issue supersedes
01:31:48	We need to get this right.
01:31:50	l agree with the secretary.
01:31:52	lt's not gonna openly cost
01:31:54	We will recover most of it,
01:31:56	Kaptur:
01:31:59	the delivery man
01:32:03	for the Republican
01:32:05	The presidents and presidents-
01:32:09	and members-- l know
01:32:12	who have an interest
01:32:15	and promises were made.
01:32:17	Moore:
01:32:19	did an amazing about-face
01:32:21	and gave the banks the 700-plus
01:32:25	the people be damned.
01:32:27	On this vote
01:32:30	the nays are 17 1.
01:32:34	lt was very carefully planned
01:32:38	to involve the players
01:32:42	The message was carefully handled.
01:32:46	They had Congress right where
01:32:48	You don't think it
01:32:51	No.
01:32:53	This was almost like
01:32:57	that had to be coordinated
01:33:00	This whole fiasco
01:33:03	that there are
01:33:08	That are not democratic.
01:33:10	Right.
01:33:12	Big time.
01:33:15	They did a masterful job.
01:33:21	Do you think it's too harsh
01:33:22	to call what has happened
01:33:25	A financial coup d'état?
01:33:27	No, because l think
01:33:30	- A financial coup d'état?
01:33:35	l could agree with that.
01:33:38	l could agree with that
01:33:40	really aren't in charge.
01:33:42	Wall Street is in charge.
01:33:47	Where's our money?
01:33:49	l don't know.
01:33:51	Reporter:
01:33:53	on a luxury corporate jet.
01:33:55	You don't know?
01:33:58	you're in charge of--
01:34:01	Reporter:
01:34:02	6.8 billion for bonuses.
01:34:05	But Treasury followed
01:34:08	They didn't ask the banks
01:34:11	what they were going to do
01:34:13	And not having asked them,
01:34:16	AlG poolside meetings
01:34:19	Doesn't make any sense.
01:34:20	We're getting word
01:34:23	received at least
01:34:26	Why would the Department
01:34:28	not require the banks
01:34:30	what they're doing
01:34:32	You're going to have
01:34:36	Because l've asked
01:34:39	in my role as head of the Congressional
01:34:42	and so far l haven't gotten an answer.
01:34:44	( phone ringing )
01:34:46	Woman: Good afternoon.
01:34:48	Yeah, this is Michael Moore.
01:34:50	l'd like to talk
01:34:52	- l'm sorry. Your name again?
01:34:54	- Michael Moore?
01:34:55	- ( hangs up )
01:34:59	This is crazy what they're doing
01:35:01	lf l could get them
01:35:04	l'd be in favor of that.
01:35:24	We're here to get the money
01:35:26	l understand, sir,
01:35:28	- Can you just take the bag?
01:35:30	- Take it up there?
01:35:31	Fill it up.
01:35:33	10 billion probably
01:35:35	You can't help me
01:35:36	l can't help you
01:35:37	What would happen if l made
01:35:42	Moore:
01:35:46	We want our money back.
01:35:47	l went to all the banks.
01:35:48	- You've seen this guy?
01:35:51	Okay, we're here to make
01:35:53	Just drop it
01:35:55	And everywhere l went...
01:36:00	l got the same reaction.
01:36:01	We're actually here
01:36:03	of the entire board
01:36:05	and the executives here.
01:36:06	Why don't you speak
01:36:07	- That's him right here.
01:36:09	- ln the white shirt? Blue tie?
01:36:11	- That's him.
01:36:12	They're using the money
01:36:16	This is our money.
01:36:19	Oh, this is
01:36:21	l wanted to make a citizen's
01:36:23	- Mr. Blankfein.
01:36:25	But you're here, so maybe
01:36:28	- Let's do it outside.
01:36:32	- You're not allowed in the building, sir.
01:36:35	- l'm here to make an arrest.
01:36:37	l can't make it outside.
01:36:39	l'll make an arrest, sir.
01:36:41	You can arrest somebody?
01:36:42	lf you can arrest somebody,
01:36:44	Sir, leave the building, sir.
01:36:46	Who else do you want
01:36:47	Your cameraman and your crew.
01:36:49	They don't speak English.
01:36:53	These guys have broken
01:36:56	This is money.
01:37:09	l'm gonna take it back
01:37:12	right in this car.
01:37:13	lt's safe.
01:37:18	( grunts )
01:37:20	There's just these little hints
01:37:23	that the unimaginable
01:37:27	could occur, which is that...
01:37:34	people in general
01:37:38	in the United States
01:37:40	become angry
01:37:44	at the wealthy.
01:37:46	Shame on you!
01:37:49	Shawn:
01:37:51	in the last decades
01:37:55	the things
01:37:59	They were playing games
01:38:03	that ended up actually
01:38:05	( chanting )
01:38:09	So some kind of disease
01:38:15	Moore: lt was unusual for Americans
01:38:19	because of the carrot that had
01:38:22	that we too could be
01:38:25	People were starting not to believe that.
01:38:28	And that frightened the rich.
01:38:31	Because off in the distance
01:38:35	and it wasn't another dry martini.
01:38:38	lt was the friggin' people.
01:38:42	We are ready to take this country
01:38:45	in a fundamentally new direction.
01:38:47	That's what's happening
01:38:50	Change is what's happening
01:38:53	Moore:
01:38:55	This was not
01:38:58	What if he won?
01:39:01	What would happen
01:39:05	So they did what they always do.
01:39:08	They threw as much money
01:39:12	Goldman Sachs became his
01:39:15	with nearly $1 million in contributions.
01:39:20	But yet they still weren't sure
01:39:23	How did he really feel about them
01:39:26	and their way of life?
01:39:29	My attitude is that if the economy
01:39:33	it's gonna be good for everybody.
01:39:37	Senator Obama is running
01:39:39	Joe the Plumber said to him
01:39:42	that plan sounded like socialism.
01:39:44	( Russian music playing )
01:39:48	Joe:
01:39:49	l want to make sure it stays a democracy
01:39:56	l really think he's gonna bring socialism
01:40:00	l don't trust Obama at all.
01:40:04	l left Europe four decades ago
01:40:06	because socialism has killed
01:40:09	''Someone is going to have to
01:40:12	so someone else can have more.''
01:40:15	l want all my pie.
01:40:17	Barack Obama is a socialist,
01:40:24	Moore:
01:40:27	ln fact, the more they called
01:40:31	the more he went ahead in the polls.
01:40:34	And by using the word so much,
01:40:36	it made a new generation curious
01:40:41	For instance, few of them knew
01:40:43	there was actually a socialist
01:40:46	Of course he was from
01:40:49	( moos )
01:40:51	You say that you're a socialist.
01:40:53	l'm a democratic socialist,
01:40:54	which means that the function
01:40:57	middle income and working people
01:40:59	rather than just the wealthy
01:41:01	One of the things that we've done here,
01:41:03	we've become very religious
01:41:06	We put on the front pages
01:41:08	guys who have made
01:41:10	We ignore the cops, the firemen,
01:41:13	who every day are doing so much
01:41:16	We've got to change our value system.
01:41:17	Moore:
01:41:20	l mean, it sounds like something
01:41:24	Within a few months,
01:41:26	the Rasmussen poll reported
01:41:28	that only 37%/% of young adults
01:41:31	now favor capitalism over socialism.
01:41:33	l hope the economy will...
01:41:37	( people cheering )
01:41:39	At 11 :00 we project Barack Obama
01:41:42	President-Elect
01:41:45	( cheering )
01:42:18	Moore:
01:42:21	had anyone predicted
01:42:23	they would have been
01:42:27	But that's how fast
01:42:32	lt was in an instant
01:42:34	a farewell to the old America.
01:42:41	The country
01:42:45	And suddenly people
01:42:47	to do things they never
01:42:51	Like the sheriff in Detroit
01:42:53	who decided it was time
01:42:56	in order to help the people.
01:42:58	Warren Evans:
01:43:00	they would seek a government bailout?
01:43:03	1-0-1 radio.
01:43:06	l thought the free market
01:43:10	l just saw them sink
01:43:13	for assistance from everybody else.
01:43:17	Today l will be stopping
01:43:21	in Wayne County.
01:43:23	l cannot in clear conscience
01:43:27	to lose their homes
01:43:29	Moore:
01:43:32	seeing the law that was set up
01:43:35	being subverted?
01:43:37	Do you think the free market
01:43:40	Well, l mean, l think that the free market
01:43:43	You know, this is crazy.
01:43:46	Neighborhoods that are
01:43:48	because too many homes
01:43:50	And then you wonder,
01:43:53	or is this a third-world country?
01:43:55	Exactly what are we doing here?
01:43:57	Until things get so bad that people
01:44:01	and then those
01:44:03	Moore:
01:44:07	in unlikely places.
01:44:08	Wake up.
01:44:10	Moore:
01:44:12	after a bank foreclosed on
01:44:16	the Trody family of Miami,
01:44:19	took matters into their own hands.
01:44:22	On behalf of this family
01:44:25	we liberate this home for this family.
01:44:28	Cut the sign down.
01:44:30	- ( applause )
01:44:33	When l say community,
01:44:35	- Community!
01:44:37	- Community!
01:44:38	- Community!
01:44:39	- Community!
01:44:41	- Community!
01:44:43	Moore: lt wasn't long
01:44:45	who had evicted them came back.
01:44:47	See this?
01:44:49	l want you to go ahead
01:44:51	You're trespassing.
01:44:53	We did an eviction here and the people
01:44:56	Yes.
01:44:58	When all these houses are empty
01:45:00	the value of everybody
01:45:02	So if you can keep
01:45:06	that will help not only them...
01:45:08	So you see, the situation is that
01:45:11	if the bank lets them go back inside,
01:45:13	then the bank misses the opportunity
01:45:16	The banks are selling
01:45:19	Well, if the bank lets everybody
01:45:23	Then people will have places to live.
01:45:25	Moore: People fighting back
01:45:27	So nine police cars
01:45:30	Considering the neighborhood,
01:45:32	the response time
01:45:35	- You are not in charge.
01:45:37	l'm saying she doesn't want to be isolated.
01:45:39	You don't have to say
01:45:41	Moore:
01:45:43	We don't have nowhere else to go.
01:45:46	- This was the backup plan.
01:45:49	This was our plan B.
01:45:52	That is our grandma and it's not right.
01:45:54	She's been in this house for 22 years
01:45:57	How do you feel putting people
01:45:59	every single frickin' day?
01:46:01	You should rather be home
01:46:04	Where is the money the federal
01:46:07	We should be telling you that you're
01:46:11	( crowd yelling )
01:46:17	££ Rooted like a tree,
01:46:21	££ We are here ££
01:46:23	££ Stand up strong... ££
01:46:26	Let's go.
01:46:29	- We did good. We did good.
01:46:31	Moore: The police and the man
01:46:34	Ain't no power
01:46:36	And the power of the people don't stop.
01:46:39	Ain't no power
01:46:41	And the power of the people don't stop.
01:46:44	Don't leave your home.
01:46:47	Because you know what?
01:46:48	When those companies say
01:46:50	unless you have a lawyer
01:46:53	or her finger on that mortgage,
01:46:56	And you're gonna find that they can't find
01:47:00	So l say to the American people,
01:47:04	Don't you leave
01:47:07	in lndiana and lllinois
01:47:09	where our people are being
01:47:11	And this Congress is stymied.
01:47:14	Moore: Wow.
01:47:15	lt's not every day you get
01:47:18	encouraging open rebellion.
01:47:21	Back in Chicago,
01:47:23	the workers at Republic
01:47:26	had a bright idea.
01:47:29	They decided
01:47:31	it wasn't okay to be fired
01:47:34	to be denied their vacation
01:47:37	and to have their
01:47:42	So they came up with a plan.
01:47:45	Tell Bank of America
01:47:48	that it was a new day in America.
01:47:51	They weren't going
01:47:53	until they were paid
01:47:56	Yes, it was a good old fashioned
01:48:03	Man:
01:48:05	some bad business deals
01:48:08	But guess what?
01:48:12	We make windows and doors.
01:48:14	Why should we be punished?
01:48:28	Moore: The union organizers
01:48:31	prepared for a police assault
01:48:34	l'm gonna take the chance.
01:48:37	You're prepared to be arrested?
01:48:39	l am prepared to be arrested
01:48:41	We've been here since yesterday
01:48:45	We are committed to this.
01:48:47	Moore:
01:48:50	And given the mood of the country
01:48:53	even the TV anchors had run out
01:48:57	ln Chicago, a group of factory workers
01:49:00	as taxpayers bailed out
01:49:03	Now these laid-off workers
01:49:06	spend some of its
01:49:09	lt says ''Bank Robbers of America.''
01:49:11	Look, if we the taxpayers
01:49:14	a bailout for companies
01:49:17	then the least they can do
01:49:20	on American workers
01:49:23	Woman:
01:49:26	How do people sleep at night
01:49:28	l don't get it.
01:49:30	Because what's the point
01:49:32	if there aren't any jobs?
01:49:35	Moore:
01:49:37	The police had not yet come.
01:49:40	But the son of a Chicago
01:49:43	He just also happened to be
01:49:47	Ladies and gentlemen,
01:49:49	l am Bishop James Wilkowski.
01:49:51	l know that you are all undergoing
01:49:55	a great trial.
01:49:57	You are teaching
01:49:59	to our young people
01:50:02	that it is just
01:50:04	to challenge
01:50:09	l grew up on the far southeast
01:50:13	and l saw what happened
01:50:14	when all the steel mills
01:50:18	And l saw the impact that it had
01:50:21	on families.
01:50:22	But this time
01:50:24	we are with you.
01:50:27	And we will not abandon you.
01:50:30	ln the name of the Father
01:50:32	and the Holy Spirit.
01:50:33	The body of Christ.
01:50:37	The body of Christ.
01:50:42	The body of Christ.
01:50:46	President Obama:
01:50:48	here in Chicago
01:50:52	who are asking for the benefits
01:50:56	that they have earned,
01:50:58	( cheering )
01:51:02	What's happening to them
01:51:05	across this economy.
01:51:07	Reporter: He said, ''What's happening to
01:51:10	Reporter #2: He said what is
01:51:12	is reflective to what's happening
01:51:15	l was watching Obama's press
01:51:17	l just got out of bed and decided
01:51:20	the best thing l could do
01:51:23	So l brought some food.
01:51:24	- l brought some sandwiches.
01:51:26	Moore: ln fact, lots of Chicagoans
01:51:30	Reporter: The workers have become
01:51:32	for thousands of employees
01:51:34	Reporter #2: The sit-in has grabbed
01:51:36	who believe it exemplifies an imbalance
01:51:40	that gets government help
01:51:44	Moore:
01:51:46	Was this is the beginnings of a worker's
01:51:51	The people united.
01:51:53	We'll never be defeated.
01:51:55	Bail out workers, not the banks.
01:51:59	Moore: Pledges of financial support
01:52:03	Woman: lt's really beyond
01:52:07	And so now we're dreaming a little bit.
01:52:10	We even had a conversation--
01:52:13	to run the factory like a cooperative?
01:52:14	We don't have any money.
01:52:16	We're having those kind
01:52:20	and the workers are thinking about it
01:52:22	'cause, you know, if you've been
01:52:25	that things are the way
01:52:28	to be able to think
01:52:30	is quite a big deal.
01:52:35	We're all over the national news.
01:52:38	because they're so inspired by you.
01:52:44	Moore:
01:52:46	Bank of America decided
01:52:49	Better to pay off
01:52:51	and hope their little
01:52:55	And so the bank and the company
01:52:59	Yes we did!
01:53:02	The average package for each worker
01:53:05	will be very close to $6,000.
01:53:09	But this is about more
01:53:12	lt's about what can be achieved
01:53:16	when workers organize
01:53:20	Just to fight--
01:53:22	just to get the most basic thing
01:53:24	that people should take for granted
01:53:26	and that's legally theirs.
01:53:30	We just fight so hard just for
01:53:36	Moore: lt's a fight we knew
01:53:40	For it was here that my uncle
01:53:43	first brought down the mighty
01:53:46	that dominated their lives.
01:53:50	lt was the day before
01:53:53	Hundreds of men and women
01:53:57	and occupied them for 44 days.
01:54:01	They were the first union that beat
01:54:04	And their actions eventually resulted
01:54:07	in the creation of a middle class.
01:54:09	But back in these days of the Flint
01:54:12	the police and the company thugs
01:54:17	After a bloody battle one evening,
01:54:20	with the support of the President
01:54:23	Franklin Roosevelt,
01:54:27	But the guns of the soldiers
01:54:31	They were pointed at the police
01:54:33	and the hired goons,
01:54:35	warning them to leave
01:54:40	For Mr. Roosevelt believed
01:54:43	had a right to a redress
01:54:48	Seven years later,
01:54:51	to go up to the Capitol and give his
01:54:55	Ladies and gentlemen,
01:54:57	the President of the United States.
01:55:00	lt has been my custom to deliver
01:55:05	Moore: So he gave it from
01:55:08	When it was over he asked
01:55:11	to step into his room because he
01:55:14	to see one particular part
01:55:17	The President of the United States
01:55:21	of proposing a second Bill of Rights
01:55:24	to the Constitution.
01:55:25	ln our day certain economic truths
01:55:29	have become accepted
01:55:32	A second Bill of Rights
01:55:35	under which a new basis of security
01:55:39	can be established for all
01:55:41	regardless of station
01:55:45	Among these are:
01:55:48	The right to a useful
01:55:52	The right to earn enough to provide
01:55:55	and clothing and recreation;
01:55:57	The right of every farmer
01:55:59	to raise and sell his products
01:56:02	at a return which will
01:56:05	a decent living;
01:56:07	The right of every businessman
01:56:11	to trade in an atmosphere of freedom,
01:56:15	freedom from unfair competition
01:56:18	by monopolies at home or abroad;
01:56:22	The right of every family
01:56:25	The right to adequate medical care
01:56:29	and the opportunity to achieve
01:56:33	The right to adequate protection
01:56:36	from the economic fears
01:56:39	sickness, accidents
01:56:42	and unemployment;
01:56:44	The right to a good education.
01:56:47	All of these rights spell security.
01:56:51	And after this war is won,
01:56:54	we must be prepared
01:56:58	in the implementation
01:57:01	to new goals of human happiness
01:57:05	For unless there is security
01:57:09	there cannot be lasting peace
01:57:24	Moore: Roosevelt would be dead
01:57:30	He would not live to see
01:57:33	Nor would there be any enactment
01:57:44	Had he lived and succeeded,
01:57:47	every American,
01:57:50	would have had a right
01:57:56	a livable wage...
01:58:00	universal health care...
01:58:03	a good education...
01:58:08	an affordable home...
01:58:12	a paid vacation...
01:58:18	and an adequate pension.
01:58:24	None of this would come to pass.
01:58:28	No American would be
01:58:36	But the people of Europe and Japan
01:58:39	got every one of these rights.
01:58:42	How did that happen?
01:58:44	After the war, the people
01:58:49	went overseas
01:58:52	During this time new constitutions
01:58:56	for the defeated nations
01:59:01	The ltalian constitution
01:59:03	guaranteed all women equal rights.
01:59:06	And this was 1947.
01:59:09	The German constitution
01:59:13	to take over property
01:59:17	for the common good.
01:59:19	And here's what we wrote up
01:59:22	All workers have a right
01:59:25	And academic freedom
01:59:29	For the next 65 years
01:59:32	we would not become the country
01:59:34	that Roosevelt wanted us to be.
01:59:37	lnstead, we became this...
01:59:48	l remember thinking
01:59:51	''Why is it always the poor
01:59:53	who have to suffer the misery?
01:59:55	Why isn't it ever Bernie Madoff
01:59:58	screaming for help?
01:59:59	Or the head of Citibank
02:00:01	or the hedge fund guys
02:00:05	Or the CEO at AlG?''
02:00:08	lt never is these guys, is it?
02:00:10	lt's always those who
02:00:14	because these men
02:00:16	and left them with nothing,
02:00:18	left them to die.
02:00:23	l refuse to live in a country like this.
02:00:25	And l'm not leaving.
02:00:42	We live in the richest
02:00:45	We all deserve a decent job,
02:00:49	healthcare, a good education,
02:00:52	a home to call our own.
02:00:56	We all deserve FDR's dream.
02:01:00	And it's a crime that we don't have it.
02:01:03	And we never will,
02:01:05	as long as we have a system
02:01:08	at the expense of the many.
02:01:13	Capitalism is an evil.
02:01:15	And you cannot regulate evil.
02:01:19	You have to eliminate it
02:01:23	that is good for all people.
02:01:26	And that something
02:01:43	Crimes have been committed
02:01:46	l am here to make a citizen's arrest.
02:01:49	Please come down
02:01:52	Do not be afraid.
02:01:54	Federal prison is a nice place.
02:02:01	You know,
02:02:04	unless those of you who
02:02:07	want to join me.
02:02:09	l hope you will.
02:02:12	And please, speed it up.
02:02:16	££ Arise ye workers
02:02:20	££ Arise ye prisoners of want,
02:02:23	££ For reason in revolt
02:02:28	££ Chains of hatred, greed
02:02:31	££ Away with all
02:02:35	££ Servile masses arise, arise ££
02:02:39	££ We'll change henceforth
02:02:43	££ And spurn the dust
02:02:46	££ So comrades, come on and rally ££
02:02:50	££ And the last fight let us face ££
02:02:54	££ The lnternationale ££
02:02:58	££ Unites the whole darn
02:03:02	££ So comrades, come on ££
02:03:04	££ Let's go rally ££
02:03:06	££ And the last fight let us face ££
02:03:10	££ The lnternationale ££
02:03:13	££ Unites the whole darn human race ££
02:03:17	££ No more deluded by reaction ££
02:03:21	££ On tyrants only we'll make war ££
02:03:25	££ The soldiers too will take strike action ££
02:03:29	££ They'll break ranks and fight no more ££
02:03:32	££ And if those cannibals keep trying ££
02:03:36	££ To sacrifice us to their pride ££
02:03:40	££ Each at the forge must do their duty ££
02:03:44	££ And we'll strike while the iron is hot ££
02:03:48	££ So comrades, come on, let's go rally ££
02:03:52	££ And the last fight let us face ££
02:03:56	££ The lnternationale ££
02:03:59	££ Unites the whole beautiful
02:04:03	££ So comrades, come on, let's go rally ££
02:04:07	££ And the last fight let us face ££
02:04:11	££ The lnternationale ££
02:04:14	££ Unites the whole darn
02:04:36	££ Jesus Christ was a man ££
02:04:39	££ That traveled through the land ££
02:04:41	££ A carpenter true and brave ££
02:04:47	££ And he said to the rich ££
02:04:49	££ Give your goods to the poor ££
02:04:52	££ And they laid Jesus Christ
02:04:57	££ He went to the sick ££
02:05:00	££ And he went to the poor ££
02:05:03	££ And he went to the hungry ££
02:05:05	££ And the lame ££
02:05:08	££ And he said that the meek ££
02:05:10	££ Would inherit the whole world ££
02:05:13	££ And they laid Jesus Christ in the grave ££
02:05:19	££ One day Jesus stopped ££
02:05:21	££ At a rich man's door ££
02:05:24	££ What must l do to be saved? ££
02:05:30	££ Take all you own ££
02:05:32	££ And give it to the poor ££
02:05:35	££ And they laid Jesus Christ in the grave ££
02:05:40	££ When the love of the poor ££
02:05:43	££ Shall one day turn to hate ££
02:05:45	££ When the patience of the workers ££
02:05:48	££ Gives away ££
02:05:50	££ lt would better for the rich ££
02:05:54	££ lf they'd never been born ££
02:05:56	££ So they laid Jesus Christ in the grave ££
02:06:07	££ When Jesus came to town ££
02:06:10	££ All the working folks around ££
02:06:12	££ Believed what he did say ££
02:06:17	££ But bankers and preachers ££
02:06:20	££ Nailed him to the cross ££
02:06:23	££ And they laid Jesus Christ in the grave ££
02:06:28	££ Well, the people held their breath ££
02:06:31	££ When they heard about his death ££
02:06:34	££ And everybody wondered why ££
02:06:39	££ lt was the landlord and soldiers ££
02:06:42	££ Lawmen they had hired ££
02:06:44	££ That nailed Jesus Christ in the sky ££
02:06:49	££ We would lay Jesus Christ ££
02:06:52	££ ln the grave, Lord, Lord ££
02:06:55	££ We would lay Jesus Christ
02:07:00	££ lf Jesus preached today ££
02:07:03	££ Like he preached in Galilee ££
02:07:06	££ They would lay Jesus Christ

Capitalism A Love Story