They were called this because the group of American civilians attacked the 40 to 50 armed soldiers because they had cut down the liberty poles that the Americans had erected.
Synopsis[ edit ] Moore begins by looking back at the contradictions in Ancient Romedrawing similarities with the present day, and wondering how people of the future will look back on American society now.
Would they pay more attention to viral videos or the wave of home foreclosures after the lates financial crisis? Moore meets with his friend Wallace Shawn and they discuss what capitalism and " free enterprise " mean. Looking back on his happy and prosperous early life, Moore reflects, "if this was capitalism, I loved it This prosperity was driven by the manufacturing industry, which benefited from post-war Germany and Japan struggling to recover.
He describes President Jimmy Carter 's Crisis of Confidence speech as a turning point, which culminated in the election of Ronald Reagan inwhom Moore calls a " spokesmodel " for the banks and corporations, who wanted to remake America to serve their interests.
He points to the influence of Donald Reganthe Chairman and CEO of Merrill Lynch who served as Reagan's Secretary of the Treasury — and White House Chief of Staff —and the dismantling of America's industrial infrastructure, which was done for short-term gain by companies posting massive profits, and to destroy the unions.
Moore tries to go into the General Motors head office in Detroit to speak to the Chairman but is denied access. He notes that by the time of the job cuts in Flint, Germany and Japan had rebuilt their automotive industries and were producing better, safer, cleaner, more reliable cars.
Moore returns to the present, showing President George W.
Bush enjoying his final year in office as companies announce massive layoffs and the economy starts to collapse. He also examines the Kids for cash scandal in Wilkes-Barre, Pennsylvaniawhich saw judges bribed by the builder of two private, for-profit juvenile detention centers, in return for contracting with the facilities and imposing harsh sentences on juveniles brought before their courts to increase the number of residents in the centers.
After seeing the Congressional testimony of pilot Chesley "Sully" Sullenbergerwho reported that over his career, his salary had been cut by 40 percent and his pension, like most airline pensions, was terminated and replaced by a " PBGC " guarantee worth only pennies on the dollar,  Moore interviews other airline pilots on their experiences.
They corroborate this, reporting low pay, massive debt, being on food stamps and taking second jobs. Moore notes that pilots being overworked and underpaid didn't enter into the media discussion following the crash of Colgan Air Flight He says that capitalism allows people to get away with anything, including making a profit from someone's death.
He wonders how this can be legal when he is prohibited from taking out home insurance on someone else's property.
Moore speaks to Catholic priests and Bishop Thomas Gumbletonwho agree that capitalism is evil and contrary to the teachings of Jesus and the Bible. Moore examines the claim that the tenets of capitalism are compatible with Christianity, arguing that the rich ignore religion when it comes to the poor, sick and disadvantaged.
Moore then goes to see the United States Constitutionwhere he can find no trace of support for capitalism, only passages like "we the people", "a more perfect union" and "promoting the general welfare".
Moore also points to Jonas Salkwho developed and refused to patent a polio vaccine. He notes that now, top college graduates are so burdened with debt that they seek out high-paying jobs, leading many of them to work in derivatives and credit default swaps.
Moore struggles to understand these concepts, finding that they are purposely complicated so as to avoid proper regulation. Cutting financial regulations also allowed for increased refinancing to access home equitywhich meant that lenders like Countrywide FinancialCitibankWells Fargo and Chase Bank offered subprime mortgages to people who couldn't afford the increasing interest rates and defaultedcausing the subprime mortgage crisiswhich led to the global financial crisis.
Moore meets with an ex-Countrywide employee, whose job it was to give prominent politicians, regulators and financiers cheap mortgages and discounted loans. He then meets William K. Blackwho was a central figure in exposing Congressional corruption during the Savings and loan crisiswho tells Moore that the FBI was investigating mortgage fraud but had its priorities changed after the September 11 attacksleading to white-collar crime going unpunished.
Black compares the financial crisis to the failure of a dam: He also reports that bank executives and former politicians and regulators, like Robert RubinLawrence Summers and Timothy Geithnerwere the ones who profited financially from this, after changes in the law that allowed commercial banks to get into investment bankinghence the merger of Citicorp and Travelers Group.
Moore reports that these former Goldman executives used the bailout money to rescue Goldman and other favored companies. After Congress rejected the bailout on September 29,pressure was applied. There was another vote on October 3 and the bailout passed. Moore asks Elizabeth WarrenChair of the Congressional Oversight Panelwhat happened to the money and she tells him that the Treasury Department and the banks followed a "don't ask, don't tell" policy.Nov 19, · The average salary for an Underwriter is £26, Visit PayScale to research underwriter salaries by city, experience, skill, employer and more.
Your coming economic collapse is your biggest story in the world. Get prepared now! Hurry! GLOBAL KLEPTOCRACY Self-serving leaders throughout the world increasingly assume power with the goal of becoming rich at the expense of the majority of their population, and of the commonweal.
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