After several days of thoughtful analysis, noted economist and constitutional law expert Michael Moore has offered his advice on the U.S. credit downgrade crisis to Mr. Obama. The Washington Times reports that Moore's brilliant plan was delivered via his Twitter feed on Monday.
"Pres Obama, show some guts & arrest the CEO of Standard & Poors. These criminals brought down the economy in 2008 and now they will do it again," Mr. Moore wrote.
Mr. Moore went on to note that the "owners of S&P are old Bush family friends," continuing a theme he has developed through several films about capitalism as essentially a crony system for the rich and Wall Street, especially the Bush family.
He went on to link approvingly to an article last week in the Guardian, a left-wing British newspaper, about a police raid in Milan against the offices of S&P and fellow ratings agency Moody's. Italian police were searching for evidence on whether the rating agencies, in the words of a local prosecutor, "respect regulations as they carry out their work."
"Here's how they roll in Italy when it comes to these bastards," Mr. Moore cheered.
The time honored tradition of slaying the messenger is alive and well in the twisted world of Michael Moore, but the Obama administration would never sink so low as to punish the bearer of bad news. Just ask Gerald Walpin or Vince Cefalu.
August 8, 2011