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Fighting Capitalism With Capitalism

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09/10/09 Tampa Bay, Florida

As one more bit of proof that the education system of the United States is a dysfunctional piece of liberal crap, how else to explain the fact the far-leftist moron Michael Moore actually got funding, which assumes an interested audience, for his latest movie, titled Capitalism: A Love Story, which, according to Reuters, “launches an all out attack on the capitalist system, arguing that it benefits the rich and condemns millions to poverty.” Hahaha!

Well, to be fair, it is not capitalism that condemns millions to poverty, but instead the poor are doomed by the destruction of the purchasing power of the little bit of money that they get and things cost too much for the poor to afford them, and which is deliberately caused by a government so stupid (audience shouts out “How stupid, Wonderful And Wise Mogambo (WAWM)?”) that it deficit-spends money on the poor to alleviate their poverty by allowing the Federal Reserve to produce large, persistent expansions in the money supply with which to buy up the government debt, an expansion of the money supply which erodes the purchasing power of the money, so that the little bit of money owned by the poor doesn’t buy as much!

If the education system of the USA were not so egregiously bad, he would know that fact, and everybody would know that fact, and so when he went to some producers and said he wanted them to finance a new documentary about how capitalism is evil and (I assume) communism is good, they would have laughed in his face and said, “Hahahaha! Where did you get such a stupid idea? Are you some kind of moron?”

Or, alternatively, he could have saved a lot of time and just come to me and asked me and I could have told him, “Hahahaha! Where did you get such a stupid idea? Are you some kind of moron?”

Unfortunately, he did not learn anything from all of that, and actually has the movie concluding that, unbelievably, “Capitalism is an evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people, and that something is democracy.” Hahahahahaha!

The use of the extra-long “Hahahahahaha!” is my clever way of indicating that this is where a Junior Mogambo Ranger (JMR) who has achieved even a glimmer of True Mogambo Enlightenment (TME) starts laughing in Sublime Mogambo Scorn (SMS)! Hahahahahaha! Just like that! SMS! Hahahahaha!

I thought I was calmed down and was reaching for a bottle of something alcoholic so as to deaden the pain of my stomach hurting from so much laughing when I started laughing all over again when my eyes again fell across the idea that democracy replaces capitalism! Hahahahahaha! I never heard anything so stupid! Hahahahaha!

The first thing that comes to mind, of course, is “Did democracy finance his stupid documentary, or some capitalist?” Hahahaha!

Beyond that, the mind reels! While we are at it, why not replace the production of expensive gasoline not with democracy, but with a super-majority voting system? And we could heat our houses with gang rule! And we can replace expensive food with some dictatorship! Wow! There’s no end of what you can do if you are willing to be ridiculous! Hahaha!

The dismal fact is, in case you were wondering, that capitalism in free enterprise is the only hope that the poor have, if not by sheer dint of theoretical argument that creating jobs is vastly superior to government handouts, then by the complete lack of any successful enrichment of the poor by any other method, mostly because they involve the government creating more and more money which destroys the purchasing power of the little bit of money that the poor had.

But since we Americans have decided, with a stupidity that absolutely staggers the imagination, to prove, once again, that exact same, sad, sorry lesson repeated and repeated over 4,500 years of history, then investing becomes easy when another lesson from that same 4,500 years of history is to own gold!

In fact, it becomes so easy that you can’t help but giggle, “Whee!”

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The Mogambo Guru

Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron’s, The Daily Reckoning , and other fine publications.

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16 Responses

  1. Jim Nasium said

    Well, to be fair, it is not capitalism that condemns millions to poverty, but … is deliberately caused by a government so stupid (audience shouts out “How stupid, Wonderful And Wise Mogambo (WAWM)?”)…by allowing the Federal Reserve to…erodes the purchasing power of the money…

    It is not caused by a government so stupid BUT is caused by a government that is “owned” (or bought) by the big banking interests!

    This whole financial melt down is not stupid mistakes it’s about destroying America to bring about a feudal world government run by elitists!

    on September 10, 2009.
  2. Diddy said

    I think Jim is on to something…

    and MOGAMBO… you need to Lay Off The Whiskey And Hookers (LOTWAH)

    on September 10, 2009.
  3. Nyet said

    We have not been a free nation since the inception of the Federal Reserve… we are slaves. “Capitalism” was just a clever marketing hoax to keep all the tax slaves working as hard as they could.

    on September 10, 2009.
  4. Serious Games said

    We’re doomed

    on September 10, 2009.
  5. Jeff said

    “Capitalism is an evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people, and that something is democracy.”

    How is that supposed to work ?
    Everyone votes for what businesses to invest in? I can just see that – weekly , perhaps on-line, voting for where to allocate the nation’s capital and resources.

    Oh, we could charge each person a dollar a vote. Maybe charge them different amounts depending on how popular a company is. Oh, and we could give them little certificates of how they voted. And to encourage people to vote, we could let them cash those certificates in later if they voted well and the company prospered.

    Oh, and we could call it “Democratic Exchange” … or maybe since someone would have to keep stock of the little certificates, a “Stock Exchange”

    —–

    Geez… Hold on, we’re supposed to give up on capitalism,where people with the sense to make good business decisions and end up with profitable companies and lots of money, and go with counting the opinions of the man on the street… in an age where over 10% of the people can’t even manage to feed themselves and need food stamps because they were smart enough to buy gold, silver and oil as they were told to do by the MAWAWAM (Most Amazingly Wise And Wonderfully Awesome Mogambo) ?
    The same bunch of folks who every election democratically vote in the usual crowd of politicians? And Moore thinks that would be better?

    The world has gone mad.

    on September 10, 2009.
  6. The good Dr Evil said

    Of course he’s an idiot. Nothing in this world is evil.
    Charging for usary loans = Not Evil
    Borrowing money and not paying back = Not evil
    Watching your bank collapse under $680bill of debt with you as CEO as tens of thousands of retirees worldwide lose everything and have to spend years in the bankruptcy courts while you get to walk away with x hundred million in golden parachute = Not Evil
    Monetization = Not Evil
    Destroying the wealth of your country and dooming hundreds of milliions of people to poverty through ridiculous money printing and wasteful spending = Not Evil
    Laughing as the whole lot of you including that overwieght stupid “filmmaker” watch the whole economy collapse = Not Evil.
    Yep I woke up today feeling fine.

    on September 10, 2009.
  7. Film Critic said

    Of course Capitalism is evil – that’s how Michael Moore got money to make his last two films.

    on September 10, 2009.
  8. goldbricker said

    Michael Moore’s quote-
    “Capitalism is an evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people, and that something is democracy.”

    The quote you would hear from the abolitionists back in the early 1900’s-

    “Alcohol is an evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people, and that something is prohibition.”

    And we all know how well THAT worked out, don’t we?

    I wonder if Michael Moore would be willing to give up all of his capitalistic wealth for the good of the people, or would he view the idea as evil?

    on September 10, 2009.
  9. doug said

    I would tax political pundits at 90 % according to capitalism this would discourage them from continuing their trade. As they produce nothing but discontent and lies anyway.I say good riddance Bill o, Rush ,and Michael . I will get my info from the net like most thinking people.

    on September 11, 2009.
  10. Tom said

    The only problem I see with your argument, dear Mogambo, is that a real free-market capitalism as you wish never existed, and most likely never will. We always got a state (or a sort of) meddling in it, and taking a share as it wish, and always growing.
    So IMHO, you should get consequent and advocate for anarchism too, like I do (even owning gold does not protect you from evil Gov’ts, as Roosevelt proved).

    on September 11, 2009.
  11. Jim Nasium said

    Capitalism in itself is not Evil.

    Fiat Money is Evil.

    Regulating capital to let a Cabal of Bankers run the banks and create fiat money is Evil. (The Federal Reserve)

    I suggest everyone read The Creature from Jekyl Island just to get an idea how the banking system works and how “Bankers” have been stealing people’s wealth through the creation of Fiat money as a hidden tax. (And how the politicians are bought and the Constitution ignored!)

    on September 11, 2009.
  12. Ian MacFarlane said

    If in fact 85% 0f the wealth is held by 15% of the population as of 2004, (http://sociology.ucsc.edu/whorulesamerica/power/wealth.html) how can you and your compatriots hahahahaha without drooling on your starched, cuff linked, monogrammed shirts? You like so many of your ilk are beginning to leave a trail.

    on September 11, 2009.
  13. Lost & Found said

    The point is that, contrary to popular belief, capitalism is a matter of choice while democracy isn’t and not t he other way round(democracy is matter of choice only formally, in fact, each and every demoratically elected government is nothing but an elected tyrany not much different to unelected tyranies). Moore is a commie and in his second thoughts he promotes the fascist left. If you don’t know what that is, go figure.

    on September 13, 2009.
  14. herbert said

    Jim has hit the nail….

    on September 13, 2009.
  15. Alexandre Braco said

    Well, this guy doesn’t know what a leftist is. Plain ignorance. I Live in a country with true leftists. May be he could learn something, by spending some time here. Come to Spain and stop beeing an American ingnoramus.

    on September 13, 2009.
  16. Jim Donaldson said

    I’m going to see the movie, just so at the end I can start laughing in Sublime Mogambo Scorn (SMS)! Hahahahahaha! when he replaces capitalism with democracy.

    on September 27, 2009.

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