The 2008 presidential candidate for the Socialist Party USA, Brian Moore, was on FOX News last Saturday, April 11th. He was on a panel discussing the economy. The following is an excerpt from the show:
Public Support of Capitalism Dives; Signal for White House to Tax and Spend More
Jonathan Hoenig: Yeah, I mean Terry, the president already pushes this notion that capitalism has failed, right? That profit and self interest are bad, and that what we really need is this selfless government to allocate assets the right way. So hell yeah, you’re going to see higher taxes, higher spending and most frightening is bigger government ownership and control of almost every element of American life. I think it’s a major, major problem for this country.
Brian Moore: Well, no, this is not a green light for Washington. But it is a confirmation and a recognition that the free market system just doesn’t work. And a recognition that the wealthy benefit. And the tax cut by Bush back in 2001 provided about four trillion dollars to the wealthy elite at the expense of the average taxpayer.
Terry Keenan: The average taxpayer had a lot more jobs back then, a lot more jobs created during that period than we’re seeing now, that’s for sure.
Brian Moore: Well, you combine that with the bailout, and the six trillion dollars that the Federal Reserve has given to the financial industry, and we’re looking at system of capitalism that only benefits the wealthy at the expense of the little guy.
He also appeared on FOX in [read more]