Tonight on Larry King Live!

Yes they committed fraud, they need to pay it back! No more soft landings for these greedy wallstreet thugs! They are just as bad as Bernie Madoff, and he is in jail waiting for these idiots to join him!

Love Michael Moore! YES, Goldman Sachs committed fraud!

Question for Michael Moore ...

What is the downside, if any, for Congress to enact a Stock Transfer Tax of 1% on all securities, including derivatives, regulated and unregulated, that are sold or exchanged within ninety days from purchase or transfer?

Background: A Stock Transfer Tax has been around for more than one hundred years. It brings transparency to all Security Trading. It would create a yearly gross tax fund in excess of 7.5 billion dollars. Such a fund should be restricted to health care and could pay for almost all the health care costs of every American citizen.

In regards to the Notion that Arizona's Police Forces will not apply the crass and callous Apartheid State Immigration law against everyone simply because they have brown skin:

Bigoted and Corrupt Police Officers routinely make it up as they decide to harass, question, search anyone at anytime regardless if they are simply walking or driving in a lawful manner:

Here are 10 Corrupt Police Practices I have personally seen or have personally been unsuccessfully tried on ME:

1) They claim they thought they 'smelled' something.

2) They claim they saw the vehicle swerve in the roadbed, then later followed them explaining why the dash camera's did not show that vehicle swerving.

3) They look like a reported suspect, although they cannot state who reported that likeness.

4) The windows on the vehicle looked to be tinted darker than allowed.

5) The rear fenders looked to be inadequate.

6) They thought a illegal color (blue) was being emitted from inside the vehicle.

7) They thought the person was carrying a concealed weapon, although of course none was found after the person was entirely striped on the side of the road. If driving, this illegal excuse is used to entirely throw all items in that vehicle out into the street.

8) They thought the person appeared to be intoxicated, although of course that person had no alcohol in their system while they subject that individual to 100 threatening, invasive harassing questions.

9) They thought that person had taken illegal drugs when he/she slurred their speech to one of 100 invasive and aggressive questions.

10) They tell you they visually clocked you and it appeared that you were speeding, although you were not and no speed gun backs up that corrupt COP's LIE. It was just a illegal excuse to pull you over and harass, question, search you and your vehicle.

These few illegal, crass and extremely bigoted methods are used by Police Officers in Arizona and across the entire United States everyday to pull over a driver without a legal excuse to do so, or harass, question and stop any pedestrian on foot they wish.

A corrupt, crooked person with a badge and a gun is often WORSE than any criminal you'll run into or face.

Feel free to add outrageous illegal Cop methods you have personally seen or have been used on YOU, for CNN readers to be more informed and armed with knowledge about such corrupt practices.

When Ronald Reagan enacted a sweeping immunity of illegal Hispanic immigrants, there was no out roar from the Republican Party and there was no pseudo grass roots Racist Tea Party uprising, WHY?

Because the Republican Party's primary donors running mega Corporations still had their factories in America and desperately needed plentiful cheap labor to make their products and to bust up their organized labor unions.

Now the Republican Party is loudly protesting against a sweeping immunity of illegal Hispanic immigrants, WHY?

Because the Republican Party's major donors running mega Corporations have moved their factories overseas and cheap labor here in America directly competes for goods and services produced here in America vs those Republican backed Corporations with goods produced in Taiwan, Hong Kong, China, Japan, Philippines, Costa Rica and South Korea.

Its time for Hispanics to fully realize the Republican Party is certainly not their friend and have only used them in the past for Union Busting and Cheap Labor ONLY when it best suited the Republican Party's primary donors.

@LacrosseMother,
Let's revisit this when it is settled; I will commit fraud (by your definition) and hedge on the fact that they committed fraud, as they did not. They were slick and greedy but did not commit fraud. Again, let's revisit when it is decided.

Why be so concerned about the past and about what happened then?

Just what in the world do the put in those chocolate milks and Oreos? It’s like everybody is under hypnotic trance and have no clue about what’s about to happen soon.

Fallowing the recent Economic Burst what did Borak Obama do?
Anyone still alive that can tell me?

He patched and re-inflated the Balloon with artificial funds?
The Bible says “One loaf of bread for a day’s wages.”

Thank you and good day

@Joe G,
You are right; for some reason, there is a lot of talk about the past, 8 years in specific, but little talk about solutions, just criticism.

Love you Michael, thanks for speaking the truth and giving voice to those of us who feel we are not heard.
What will it take to get Wall Street to reform?

Hi.I follow Mike,s Ideals very closely.Am I allowed, being a Canadian to call in and have my say????

I watched the Senate questioning of Goldman Sachs officials at some length. Even though some of the Senators seemed to be conducting a serious investigation and reprimanding them for their obviously wrong acts of bundling "shi**y" derivatives and then betting they would fail, I could not shake the feeling that it was all a charade for voter's benefit. Why didn't they let these criminals take the fall and go through bankruptcy like average Americans? Why did they use our taxes to bail out these criminals? Why do they accept money from these financial monsters , and will continue to do so , when that money influences the formation of a weak financial reform bill? This seems to be a conspiracy of politicians on the take and , filthy rich crooks.

Gigantic entities like Goldman Sachs have their tentacles spread throughout the world due to the onset of global capitalism.

Governments are often purchased or succumb to these colossal global networks….. The US is no different as many of these global networks have lined our politician’s posteriors with 'dirty' green backs of enormous amounts. And ........... the band plays on!

At least we still have Illegal Immigration going on that provides “Free Will Slavery” use for many American families and businesses.

Plus drug trafficking is still strong along with it's money laundering of which proceeds contrary to American believes just don’t disappear in thin air but go on creating venture capital investments, wealth and jobs for all Americans.

Why can’t Illegal Immigration be solved?
Why can’t drug trafficking and money laundering be solved?
Why did Obama patch and re-inflate the Economic Balloon with artificial funds right after it had bursted?

Since corporations are now "persons," why don't they break these monolithic corporations apart once they have been proven to have committed major fraud against our country? What would Michael Moore like to see done concerning huge financial institutions that took tax payer money, then gave themselves huge bonuses , after scamming the American citizens?

CHM

If the past 8 years did not create such a catastrophe of our economic, financial and environmental systems.......

We would not need to find solutions.....

Goldman Sachs made themselves rich and this country poorer. They are elegant con artists. They sat in the hearings in all their arrogance looking down their noses at the rest of us.They are the epitome of self serving and GREED. The bigger problem is that we let them take advantage of us. They disgust me

@Dodie...Yes the band plays on until the greed becomes so huge and hideous that the music stops and the ride comes to an end.

Jack

Well stated! Thank You!

The American public has been scammed and burned so often by "above the law" entities, you would think we all have abrasions on our knees and burns on our posteriors!

jack lol

You certainly have that correct!!!

Just retired fom General Dynamics Land Systems Canada.Worked 25 years for General Motors and 5 years @ GDLS.Everything that happens inAmerican corporations affects my pension here in CanadaMike tells the truth about the Greedy Coporate Wankers..

As an average American I'm confused. If we get involved it's frustrating to see them interview people who obviously don't care. What's the point, no charges ,no fines? I think if they acted irresponsible there should be no rewards. After this show on Capital Hill they go back to there lavish lifestyles at our taxpayers expense. So much for capitalism!!

I was able to listen to several hours of the congressional testimony today and I was appalled at what they said, or better put did not say. One Senator summed it up when he said that the testimony they had head showed him very clearly what the problem was. Those folks should be fined to pay back the American people and then spend at least a decade in jail.

Hey Michael whats wrong with Cracker Jacks I get bleeped when blogging it .

Will our elected officials allow these corporate financial crooks to continue their war against the American people until we are a third world country? How much are they allowed to steal from us before the people we elected to serve us say "enough" and restore some fairness to an obviously flawed banking system? Why do banks get to borrow at zero interest and charge credit card holders 16% interest? Why are pensioners who sacrificed to save a little money for their old age, paid less than 1% on their savings accounts? Why were the corporations allowed such a heavy hand in writing a health care bill that serves corporate insurance tycoons? If anyone thinks these policies are socialist, I have a nice bridge to sell you in Brooklyn.

Love Michael Moore!!

Micheal Moore, derivatives are MULTIPLE financial tools COMBINED. A one off sport bet on a winner is not a derivative as you stated.

If you played BOTH sides of a sports bet in a arbitrage method you would be combining two financial tools which would make that a derivative. OK?

Multiple private or commercial mortgages combined and packaged as a single investment opportunity = a financial tool which is DERIVED from multiple financial instruments. OK?

No one seems to understand the true fraud perpetuated by Goldman Sachs.

The fraud was allowing John Paulson to select junk rated assets, repackage them as a AAA+ rated CDO called 'Abacus,' and THEN having Goldman knowingly re-sell this garbage as AAA+ to clients, knowing it was formerly rated garbage, as a triple A offering, WHILE GOLDMAN ALSO SHORTED IT.

They gave preference to Paulson, used a fraudulent method of re-rating the Abacus fund through a shill credit rating analyst, knew the underlying assets were poisoned, and told clients they were selling them to Abacus was a triple A fund – while shorting it!!!

Larry asked, why would you bet against your client's interest? Because you will make tons more money shorting than you ever will from your clients. And as Michael said, there's another sucker born every minute to replace anyone who might be smart enough to figure out they'd been defrauded, but don't forget, until the economy tanked, nobody KNEW what they were doing except them. Goldman is guilty of fraud, but not one of them will see a day in jail, much less prison, and if some kind of meaningful reform is not passed, it will soon happen again. They're already doing it.

The proublem is that there using the stock holders money to gamble with .

Republican Tea Party's major donors are among these 'Too big to fail' and also among those 'Too big to charge with Federal Crimes'.

NO WAY are the Republican Lawmakers going to widely support any legislation which breaks up or regulates or limits their special interest donors who have paid Hundreds of Millions of dollars into their pockets.

Get Real Micheal Moore, such legislation is not going to be passed unless more Democratic Lawmakers are elected to the US House and the US Senate under a Democratic led Presidential administration.

The ONLY way that the kind of economic debacle will be prevented for occurring again is to repeal the Graham Leach Bliley Act – which effectively overturned Glass-Stigall. "Reform" will surely have loopholes that will allow the investment banks to continue to churn, and will not protect the public.

The stock holders would be better off taking there money to a casino or buying lottery tickets .

I'm all for regulating corruption, but Michael Moore defines Democracy as 'everyone having a piece of the pie"....hmm.....isn't democracy everyone having a role in the governing process but not necessarily automatically being guaranteed a piece of the pie?

I agree with his concern over corruption, but not on his premise of what comprises democracy.

I have seen the evidence of financial control of the world and of our United States, which includes two videos and how they have played a part in directing world policy including our whole economic policy is created and controlled according to the elite's "need of the hour" and is not nor has it ever been a haphazard condition of American or World economics. Examples: 1. "Confessions of an Economic Hit Man" 2. filmmaker Aaron Russo's video interview made before he died of cancer where he mentions the Rockefeller family and Nicki Rockefellar's visit with him and what was said about world depopulation and referred to the common citizen as "useless eaters." I AM SO TIRED OF THE FINANCIAL CZARS, BANKS, CREDIT CARD COMPANIES, ETC I could scream. I have lousy credit through no fault of my own due to Citifinancial Bank. Please change the status quo Michael Moore and Larry King.

Larry please just tell Michael Moore to come out and say he is a Socialist... the comment about ten people at a table and how he wants everyone to be equal is a socialist idea... I am a hugh supporter of Mr. Moore and I am a Socialist and I would love to see the entire United States change to no more 1% rich and 99% poor to everyone having a peace of the American dream and everyone having equality...

Michael Moore . I would like to know what he thinks about his democratic heros who have run Michigan down into the ground, and don't say it is the last admin. in Michigan, they have been gone for 8 years. As an independent voter, I cannot wait to get Granholm, and the other democratic senators booted out. By the way, where is all Moore's money and who does he share his millions with ? He must think viewers are all a bunch of dummies!

Ok so Goldman Sach's held all the cards and therefore completely controlled, and hugely benefited from the outcome which they appear to have certainly known when they sold that to American and Oversea's investors as a AAA Safe Investment to purchase.

SO?

Goldman Sach's is 'Too Big to Charge with Federal Crimes' so this is just a utter waste of taxpayer dollars for a Congressional Hearing to dress down these people that do not care and are laughing all the way to their personal banking accounts.

Perhaps it's useful in spotlighting the Republican Party's utter corruption and greed which allowed this to happen with a nod and a wink.

Larry,
A guy called "Fab" may be fodder for Moore and others, but you and I know quite well that they are all fodder for someone like Blankfein. They looked like idiots in their efforts to talk down to someone many times more intelligent than they.
McCain talked about how the little man is hurting due to the acts of GS while his wife takes in millions every year from her beer distributing company. Is that not the pot calling the kettle black (and I'm not even a far left-wing nut).

The adjustable mortgages issued by the banks were a ponzi scheme where the bank would lend money and then foreclose after the payments were adjusted up to a level that the home owner could no longer afford. This was profitable for the banks during the housing bubble because they could sell the foreclosed home for a profit, but when the bubble burst, the banks were left with upside down mortgages and the ponzi scheme backfired on them.

Question for Michael –

How about passing a law prohibiting selling mortgages. The way it used to work was you went to your community bank, got a 30-year fixed mortgage, and they held that mortgage until you paid it off.

CNN and Larry King if you really want to expose Goldman Sachs then begin posting all of the American citys, schools, municipal funds which ALL got hosed when they purchased these junk bonds from Goldman Sachs thinking they were actually AAA rated Safe Investments which ALL tanked bankrupting those public funds and placing enormous stress on numerous American citys as a direct result.

Biggest thing nobody mentioned in Senate today is that GS is a Bank Holding Company and borrows money from the Fed at near Zero Cost. it's total BS that they should have that advantage and use the funds to trade their own book.

"America was mugged by Wall Street" said the caption on the screen.

Great admirer of Michael Moore, but i think he's missed the analogy here. How many times do we see real-crime shows WHERE PEOPLE ARE MURDERED FOR INSURANCE MONEY?

Isn't this exactly what the Wall Street boys did? Like someone who takes out a big policy or a spouse or partner and then knocks them off for the money? Same premeditation, same betrayal of trust - and as far as the American economic system and most American working-class taxpayer's standard of living - the same result. Plain murder, willful, with all the trappings we have come to expect: denial, crocodile tears, pompous outrage when the plot is uncovered. And finally if justice ever comes, no doubt the usual stoneface marked only with a petulant sneer .

How is Goldman Sachs any different than any other company in a free market system who raises capital, designs and produces and offers for sale to the public a worthless product? The due diligence wasn't performed by those who invested in these products, nor was the due diligence done by the many consumers who signed up for these mortgages with ridiculous terms. Just because someone wants to sell it to you doesn't mean you need to buy it. So sorry – it boils down to buyer beware. Go Goldman-Sachs!

What about the bond rating agencies who rated these investments? I didn't see anyone from Moody's or Standard & Poors called to the carpet in today's hearing! What was the incentive given to the raters to give these junk investments aaa & AAA ratings to lull the investors into thinking they were getting a solid investment?!

The Goldmen trial is step in right direction. How are they going to honestly judge these instituions or people that pay people in high positions millions each year. I beleive in freedom but we are not free if we allow business so big that if they fail we fail not so free if this continues.

Former Lehman Brothers big boys and girls should be next!

2 Part Question: Where do the monsters that did this live, and why shouldn't they be stormed with pitchforks and torches and left to the mob rule of America?

Larry,
As much as the left-wing nuts want to label all of Wall Street as Republicans, for years Goldman Sachs has contributed considerably more money to Democrat candidates that Republican. And recently what they contributed to Obama was four times what they contributed to McCain.

Why is it embarrising to uphold an exsisting law .

Ho Chi Minn told President Eisenhower, Capitalism is like a snake, eating it's own tail, It can not survive.

Mr. Moore: illegal aliens don't add to the economy....they don't pay taxes yet they get free health care and free education for their kids....while those of us who are legal, pay for all of this....Go Arizona!!!!!

They work hard taking other peoples jobs and driving state revenew threw the roof at emergency rooms and food stamp lines how is thjat helpful to our country this jobs we wont do is bull crap .

We're not all fascists in Arizona. Republicans run the state because of the overarching power of Phoenix. The biggest embarrassment is the continued reelection of kyl and mccain.

@Lisa,
Spot on. We would not be in this mess had some legislators not insisted mortgages be made available to everyone. Some people did not read what they signed. Others knew exactly what they signed but because they had bad credit and paid little or nothing as a down payment on a home, they didn't care what they were signing. Usually it does get back to people taking personal responsibility for their finances and educating themselves.

What happened to ICEland???
hahahahaha!!!
That volcano okay now?

Hello Michael: I appreciate the effort you expend trying to get us thinking and stirring up our emotions about several hot button topics in our own country.
Here's my question:
When is your next movie coming out?
I use your "SICKO" movie with my nursing students to generate discussion. It works like a charm!

Just like they didn't listen to Sherrod Brown on a good health reform bill , including a public option; I do not think they will go for his current proposal to break the big six banks apart into smaller units. This is the huge and growing influence of the globalist corporate financial web. Unless there is real reform, this is the continuation of the movement to restore the dark ages and institute a two tiered system of lords of the manor (such as the arrogant Goldman Sachs big wigs ) and a vast network of serfs. This system needs giant reform. I fear that too many politicians are beholden to the elite, and identify with them rather the vast majority of their constiuents. We should have public financed, limited cost elections, and bar the lobbyists from Washington. Then some change may take place; but don't hold your breath for that to happen.

Not only did Goldman and Sachs contribute to our financial crisis,they hurt the poor and especially minorities. My mother is a 78 year old black woman and her mortgage has been sold atleast twice. She was given a subprime loan even though she had triple "A" credit.
At 78 years old she is talking about getting a job. I am her only child and I have had to file bankruptcy to help her save her properties. This is appauling Goldman and Sachs should be held accountable to the highest.

For a true democracy, look at Switzerland

Michael does a good job at picking apart what he thinks is wrong with America. I would like him to explain in detail all the benefits Congress has bestowed upon themselves over the years. For example: What are all the retirement benefits they receive once they leave Congress? Why were there exceptions for Congress in the recent health bill?

Mike moore needs a reality check. He is clueless about the illegal immigration problem in this country

HMM what if the Indians checked their papers lol.Illegal is just that,but on the same token what about the company's and buisnesses that hire illegal immigrants,will they be also considered criminals?Let's be fair.

Micheal, do you see the GOP ever moving towards the center as opposed moving to the far right?

In my opinion,Wall St. runs the country financially. The president is just a figure head. He looks after social issues,war issues and so forth.Wall St. is above the law! In essence, they are the law. They run the country. It is too big to bring down.

How come we are only worried about one group of people been deported ,when we have people from all other countries been sent back when caught..The are given a number of hr.'s to leave .

Someone (many) have been 'getting off' with billions and it sure isn't you, or I, or the public, at large. While Bill Clinton was making soiled garments in the oval office and Cheney and Bush were entertaining themselves feeding their egos to their "dog's of war' from behind their desks, the banks and investment firms ran rampant.

Bernie Made-off with over $30 billion and Goldman Sachs and many others were screwing the pooch (investors) with banking and securities mismanagement.

The SEC sat behind their desks choking their chickens and, in at least one case, rubbing the little man in the boat while they watched thousands of hours 'investment' (porn) videos as our investments floated away.

Now, with as much legislation before Congress not acted upon, the midget mentalities of partisan politics continues to stall on 'getting a grip' to secure a 'handle' on the rampant fraud and misconduct in the financial industry.

Sell that to someone sitting on the courthouse steps selling pencils to feed themselves after losing their home and their life's savings.

Now we have a president pushing for legislation to correct the ills created before he took office, and everyone with broken right-wing and used tea bag attitudes just want to knock the black off him and put the country deeper into the 'pink sock' of debt..

Put an end to the bloodletting of partisan politics or we'll find our heirs destined to be "living in a nation of vagabonds riding the rails of poverty toward a horizon of destitution relying on prostitution for restitution" because of the diseased and egregious offenses of their predecessor baby kissers from both sides of the aisles of Washington's nurseries. cajazz76:24:8...

Why do some worry so much about "too big to fail" and consequently feel that companies should be broken up. What's bigger than the government and it fails routinely; why not break it up?

i agreed with moore,this country is going to the dogs,our govt is being bought out with corporation money,and their is more bigots being elected into power by we the slaves of this nation just for them to make our lives more miserable,we need to boycott arizona, they are the one who run that state be put into mexico,regan tore down the wall in east germany,and we are doing the same here,shame on americans.the world need to boycott americans too, when they enter they country,boooooo

Yes they commited fraud. They screwed america over. They knew what they were doing was wrong yet they still did it. I agree with michael on everything he has said tonight. ( i have to say though...when he was talking about the derivitive he sounded like he did in the movie. i still didnt get that)

On the other hand, Michael, as others have stated, you don't know much about the problem of illegal immigration in Arizona.

will you make a sicko 2 ? please.please.please

?

Dear Michael,
I agree with you on everything except illegal immigration and the arizona law.. You are completely wrong. We, people who are legal citizens in border states are tired of illegal immigrants – where ever they are from – from coming here illegally, costing us millions if not billions a year for health, education and social services. I live in California, have no health insurance and have had to quit working to be the caregiver for my mom with alzhiemers. I had to go to the emergency room for chest pains and had to wait 5 hours because the waiting room was filled with illegal immigrants who use the emergency room as their private physician knowing they don't have to pay. As a citizen I was charged $8,000 for my 5 hour visit.
You spoke about racial discrimination against latinos or mexicans. The US Census bureau states mexicans, latinos etc. are not a race. So they can't claim to racial profiling in arizona if they are not a race. It shouldn't matter that "most" illegal immigrants are hardworking – many of them that come here are not and we are allowing them into our country. It has to stop.

Question for Michael Moore, What is your take on the dateline show about Detroit that aired a few days ago?

@Lisa

You are partially correct. Many people purchased homes far beyond their means and was not required to show proof of actual income, etc. How would you like it if you purchased a car for $50,000 and it stops running in 2 months, unable to fix (never able to drive again). How about you being "buyer beware"? There is some responsibility for those who sell items, regardless if it is a car, commodities, securities, etc.

Buyer beware...beware that you are being separated from your money by wealth-accumulating automatons, hell-bent on fatally gorging at the "capitalist gangbang," as Bill Hicks put it.

Put your money where your mouth is Michael and post your tax return.

Michael did you hear about Rush Limbaugh running for the 2010 election .

In light of Mr. Moore's penchant for deconstructing social themes; is he open to exploring race and racism for a future documentary?

I used to really dislike Michael Moore. I have gradually come to respect him. Tonight he really impressed me with his wisdom. I feel that his credibility was enhanced tonight because he didn't wear his baseball hat. But most of all, he came across as a good American.

@ Cindy

Government is not in business to make a profit; whereas, corporate America is solely in business to make as much money as they can. Nothing wrong with it as long as they do not negatively affect the Average American.

How can you sit on Larry King Live and say it is OK to let "illegal" immigrants stay and work in this country? They are here illegally. It is the LAW. My mother had renounce her citizenship from Italy in order to become an American Citizen. You say let them stay because they work here and pay taxes? If they are illegal, they are not getting paid above the table which means they are NOT paying taxes. You don’t’ even go to Arizona. What do you know about the problems Arizona faces? For your information, most of the money does not go into American Banks, it gets wired back down to Mexico. I question your loyalty to the United States of America.

Chill out Larry. Let Mr Moore speak!!

Why don't we make the $100.00 penalty for a Health Insurance Company's refusal to pay medical bills because of a pre-existing condition
payable to the patient instead of the government? At least that way the patient would accumulate a nest egg for their medical bills.

@Dodie,
All true except you ignored the fact that the government fails routinely.

Michael.......

don't you think that what's happening in Arizona is much like Nazi Holland, Germany, France etc. when certain portion of the population had to wear a star......why don't they just tell the Arizonans to wear one too that says..."I'm legal, I'm illegal, I'm legal....I"m illegal."

Michael...Hang in there and keep speaking your mind...as a fellow Davison person.....you were a freshman when I was in my last year, I've watched your career and we are behind you...Even Debbie Kelly likes you.....be safe and be good...speak your heart....Tedd

So Mr. Moore is OK with the govenvment asking you for proof of Health Insurance, but not proof that you are in this country legally?

Michael,

Obviously you don't know the first thing about Commodities and futures trading. Nor do you understand derivatives (if anyone can)!

What you described on the first segment of Larry King tonight was futures trading.

Futures contracts came into being as a method by which merchants (such as farmers) could "hedge their bets" by locking in the "spot" or current price for their products (in the event that prices would rise) by the time they took their goods to market. If prices had gone up by the time he or she went to market they would have locked in at a lower price on the futures market.

Sometime in the past 25 years or so, traders (scammers, perhaps) have developed various types of trades that have come to be called derivatives. I don't think anyone understands them...they are simply glass and mirror types of trades initiated by people trying to make a fast buck. And, unfortunately, while the CFTC has been trying to regulate them since I worked there in the late 1980's they have not succeeded.

Before you go spouting off on National television, do your homework!!!!!

The illegal aliens are hurting this country by working under the table and not paying any taxes. They get free helthcare, free education, free walfare, their children get free breakfast and lunch tickets at our failing schools. our local property taxes are about to go up because we need more money so that we can print school forms in english and spanish. Because. These immigrants REFUSE to learn english.they don't want to be part of our socitity they just want to milk it till its dead. There are legal ways in to this country pepole need to start using them. Way to go Arizona lots of us are proud of what you have done

This is a little off topic, but I was a battle buddy of Michael Peterson when we when to basic together. Is there any way you could get ahold of Lila Lipscomb and have her get in touch with me. I have photos of Mike and I for her. Thx for reading!!! Jason

Wall Street is a monster out of control. It runs the country! The president is just a figure head.

Do you think Sara Palin is enticing sedition in Canada
by going around Canada giving speeches
saying that USA should be wanting more Oil Sands production
when that will sku the NAFTA balance of transfers of the 60+ %
Oil Sands production already coming to the USA
so that Canada might be freezing to Death in the Dark
sooner than the USA might with Canada already
importing 40% of it's Oil use already ?

dear larry.......tell that MR.MOORE WE ARE NOT ALL IMMIGRANTS WE WERE BORN HERE IN AMERICA.MY GRANDMOTHER ON MY MOTHER'S SIDE CAME HERE FROM IRELAND.SHE REGISTEREDAS AN IMMIGRANT ON ELLIS ISLAND....MY GRANDPARENTS ON MY FATHER'S SIDE IMMIGRATED HERE FROM RUSSIA ALSO THE LEGAL WAY..REGISTERED ON ELLIS ISLAND...ALSO MY GRANDFATHER ON MY MOTHER'S SIDE IS A DESCENDENT OF AN INDIAN TRIBE HERE IN AMERICA.THOSE OTHER IMMIGRANTS WANT TO LIVE HERE.....LET THEM DO IT LEGALLY..HEAR.........ME L E G A L L Y!!!!!!!!!!!!!!!!!!!!!

Go Micheal! I'm right there with you! Lets change the way people think!!!!

Theres one thing that I wounder about how much money was lost with American Bank and there credit card thing with illegal immigrants.

Cindy

I disagree with you. If the "government" failed routinely, there would be no Health care, social services, police, sheriff, fire department, post office, mental health, and the list goes on... that has protected the American public on a daily basis!

These individuals just represent the Colonel Kurtzs of the economic and political world. You can abuse and kill as long as you do it within the rules – rules which are not designed to deliver justice, or even basic fairness – but to perpetuate and increase the power and wealth of those at the top. It's only when someone goes rogue – you know, rips off the same wealthy people (Bernie Maddoff) or threatens to draw attention to the disgraceful injustice of the "legitimate" system – that these people must be dealt with, or at least appear to be dealt with.

Senior International Banker, with forty-three years specialist Treasury experience gained in London, Luxembourg, Pittsburgh, Johannesburg, Hong Kong, Sydney, Bahrain, Singapore, Riyadh, Mauritius, Grand Cayman and Bermuda. I have been actively involved as a Treasurer (Trading and Operations), In...vestment Banking, Risk Management, Private Banking, Business Development, International Equities (Trading and Operations) Mutual Funds Operations and Business Analysis and Consultanting covering Treasury,
I traded for banks, corporations, governments and central banks.
You want to make a block buster movie titled "Spy Traders" Go for it!
Goldman Sachs should be taken down!!

What about AIG.......they received a huge bailout of our tax $$$. When you read about the economic "melt down" it seems AIG did way more damage than Goldman Sachs!!!

@Cindy..."Buyer beware" makes sense, but regulation against dangerous or fraudulant products is why we spend so much tax money on different agencies that are supposed to be protecting us. Knowingly bundling toxic mortgages that one of their emails called "shi**y," and then selling it as something it isn't while at the same time making money from selling it short is certainly not right. Take into account the large number of public pensions etc. that were ripped off, and it is hard to sing the praises of capitalism in this matter. Capitalism, must be built on some degree of trust and some aim toward a common good . Else it sucks.

the government has ben fooling Americans for yrs ,only telling us what we want to hear,and makeing excuses for all their mistakes..Whos really to blame for giving all our work to another nation,so they prosper,,So look at us now .Theres more to this than we know,or America wouldn't be in this shape.

Please read the new law in Az; It states that there must be a lawful contact made by a law enforcement official such as a traffic violation before a law enforcement official can ask for identification under this bill.The bill further states that driver's licenses or nonoperating identification licenses can be used for this purpose.

Dear Michael, We hunt deer in PA to control the deer population. Many would starve if we didn't hunt them. Many of the large predators are no longer present in N. America to control the population of deer/moose.

Canadians pay on average 42%.

THe $100 fine referred to is a 'placeholder' ...indicating that there will be consequences. Rarely would a legislation of this magnitude work out such details. The details will be worked out in regulation form by. the various departments through the normal regulatory process. The legislation shouldn't be misrepresented as Michael has more or less implied

•15% on the first $40,970 of taxable income, +
•22% on the next $40,971 of taxable income (on the portion of taxable income between $40,970 and $81,941), +
•26% on the next $45,080 of taxable income (on the portion of taxable income between $81,941 and $127,021), +
•29% of taxable income over $127,021.

@ Dodie they pay for all of those things by raising our electric bills .

The average tax paid by the average wage earner in Canada married with two children is 21.5% but the average for the same US citizen is 11.5%

Yes 100% fraud.

We need to delete and refresh the banking system.

Thank you Michael Moore for exposing the penalty for preexisting conditions and WOW!!!! Buying an aspirin through the system is higher than the daily penalty the insurance companies would pay per day!!!!What a Sham!!!!Get your act together Democrats and Read the Fine Print that's what we Elect you for!!!!READ THE FINE PRINT!!!

Canadian Federal Income Tax Rates
15% on the first $40,970 of taxable income, +
22% on the next $40,971 of taxable income (on the portion of taxable income between $40,970 and $81,941), +
26% on the next $45,080 of taxable income (on the portion of taxable income between $81,941 and $127,021), +
29% of taxable income over $127,021.

@ Daniel for over 200 yrs.

British Columbia's income tax is between %15 – %29...

The average Federal Income Tax for Canada is 15%. This amount is for the first $40,000.00

I am going an horrible divorce, there is no human right for aman in a divorce, when are you doing a film about the horrors of divorce? men going to jail based on false accusations which dont have to be investigated

Michael Moore! Thank You!

Your cognitive perceptual framework is right on the spot! I commend your use of humor when dealing with the tragedy that has all but knocked America out!.

I am so glad that I am able to get on to say something... I watch Larry King all the time and thoroughly enjoy his current topics of news and interest... I love the question about the taxes and how much a Canadian pays our children 25 years old and 22 yrs. old and ourselves enjoy and respect Michael Moores' movies, subject research that he has documented... wow! He appears to also be just a great human being working for the people! I feel more of things after both of you have been on... Mr. King and Mr. Moore
Many thanks 🙂

average tax canadians pay on federal is 5-,6 percent

@Irene
The one and only thing you need to know about wall street is that if there is a way of screwing someone out of something, they will find it.

To Mike

Have you ever seen the details of the Documents of how GM is supposedly paying back the 8 Billion they borrowed as per TV ads ?

Moore goofed. He asked for average federal tax rate in canada but said it varies by province. Health care is a Provincial responsibility and the cost will vary by province but Federal tax rates are fix for the whole country.

The Canadian Fed Tax Rate Range is : 15% – 29%.

What IS the American Way???? If you are in the USA illegally – WHY should you Not be arrested??? Re: new Arizona Law!!

the answer is 23

Income taxes in Canada is approx. 33 percent...Sales tax is different...gst (goods and services...5 percent all provinces have it) then each province has its own sales tax...ontario's is 8 percent...I like our healthcare....yeah I know...I'm disqualified....I live in Canada...

I have a lot of relatives in other countries who would like to come to the US to live, and I'd like it if they were here. But, they didn't legally qualify to come, so they didn't come.

Why should we reward people who came here illegally, by giving them residence? Didn't we do that under President Reagan? It obviously didn't work then, and if we do it now, then we'll just be opening the door for another group to be granted amnesty 20 years from now.

I can't believe, I was watching online, and when it accounced MM, they turn it off. Where can I see it now?

Contest: Canadian Federal Tax Rate
Federal tax rates for 2010 are:

* 15% on the first $40,970 of taxable income, +
* 22% on the next $40,971 of taxable income (on the portion of taxable income between $40,970 and $81,941), +
* 26% on the next $45,080 of taxable income (on the portion of taxable income between $81,941 and $127,021), +
* 29% of taxable income over $127,021.

Larry, I totally agree with Michael Moore in that we cannot forget the "little guy" in these economic times. Congress needs to extend unemployment benefits for millions of Americans who have been out of work for over a year now. Low and middle class Americans are getting lost in the mix of all the arguing over Wall Street reform (not that it is not a needed agenda) and climate change. The administration and Congress needs to enact more job retraining programs and extend unemployment benefits NOW through the end of the year!

@Dodie,
Do you work for the government? It sounds like maybe you do.

politics need people like micheal moore. please clean up the mess for real.

This is a little off topic, but I was a battle buddy of Michael Peterson when we when to basic together. Is there any way you could get ahold of Lila Lipscomb and have her get in touch with me. I have photos of Mike and I for her. Thx for reading!!! Jason

Michael Moore, do a film on the need of public funded elections and prohibiting lobbyists from Washington. Let them just submit their requests through email, the same as any other citizens. No money exchanged .

Who pays for the Republicans' in Senate and Congress' healthcare?

Dodie is pretty smart Cindy she should run for office .

Canadian spend 300 to 900 in federal tax annual

I am a Canadian. I visit a doctor and it doesn't cost me a cent! I had a hernia operation and it didn't cost me a cent!

I pay higher taxes but I am covered medically. I can have a heart transplant and pay nothing!

I have 100% coverage for prescription drugs through my employer and pay 25 dollars a year as a deductible.

The government can take care of its own people!

Health care is a good thing!

Please send my baseball tickets... Michael

As an American who lived in Canada for more than 12 years, I'll consider myself disqualified.

What I will say is that when people say that Canadians pay 40% in taxes, they are either quoting a marginal tax rate (the rate on their next dollar of earnings) versus their actual rate paid on all their earnings, or they are adding every single tax that they might be paying (income, sales, property, retirment pension, unemployment), etc.

They also aren't taking into account that, in most Canadian provinces, there is no charge for health insurance.

As far as income tax goes, Canadians pay much less than 40%.

no more bad stuff I got to go now see you Donald have A good life with or with thuoc me see you

Answer to Michaels question!!! Average income tax for Canada is................................................................. Ta DA!!! 8.41 11/13 %

The answer to the question, "What is the average income tax in Canada "...is 15% on the first 40,000 earned and 22% on the next 40,000. for the year 2010. Remarkable! Less than our average income tax!

You gotta love Michael Moore!!!

Michael Moore is fantastic and do not beat around the bush. He is totally right about Goldman Sachs. They simply ripped people off. So what if they repaid the money from the Federal Government. What if they didnot get the funds? Go bankrupt! The thing that I am so fed up of is this whole business of bonuses. What credentials does a chairman have that he or she knows everything on banking? No one person is a superstar. Derivatives, very complex transactions. I know, I was involved for more than 20 years. However if a transaction is structured and priced correctly, a financial institution can make a huge profit. Derivatives are marked to market daily.

@Cajazz,
Revisiting our previous discussion, is Mr. Blankfein being discriminated against like Adam was (according to you)?

I am a resident of Albuquerque ,NM. I take issue with Michael Moore's statement that illegals are hard working people. A substantial number of illegals are violent gang members ,or involved with drugs. iI they are " hard workers" they send their money back to Mexico to their families rather than contribute to America's economy. Many do not purchase the required auto ins. required in our state so it a citizen is involved in a auto accident with an illegal, to bad for the citizen.
There are laws currently on our books that outline the proper entry into our country, why can they not be enforced?

Michael Moore,
You look much better without the cap; nice hair.
You were nicer than usual tonight but you do need to do a little more homework if you are going to be the "go to" expert on everything.

@ken baerg..., Yes we could have universal health care also, if so many of our politicians didn't serve their corporate bosses. Sounds like you get something for your tax money rather than subsidies to the wealthy and endless wars. People in this country are asleep and keep putting people beholden to the highest bidders in office. We have a handful of honest , progressive politicians , but not nearly enough.

HI,
Just watched with Michael Moore.
During Passover someone wrote on Facebook that the 2500 pages of the Health Care Reform Act were hard to understand.
So I wrote:
If someone has a Bread of Affliction affliction is there a Matzo Clause that one can really believe in.
Hope you think that is funny!
Karl

@Michael Armstrong,
You can run for office with me; we'll get them all in order and get everything fixed :-).
Have a good evening.

@Cindy...He has also lost a lot of weight , and apparently is still on his diet. Washing the Ford truck can be a continuation of his exercise program. Go Michael !

I would like Michael Moore to know that the latest release on how much total tax the average Canadian pays is about 42%. This information was provided by the Frasier Institute who are recognized as a very creditable source on statistical information. Please note that this figure of 42% represents all levels and/or forms of taxation. Michael Moore's question on the Larry King Live Show was how much Federal Tax does the average Canadian pay? This question and it's answer is a little misleading when it comes to Health Care and what portion of the total Health Care costs are actually covered by the Canadian Federal Government. Depending on your motives in using this figure, it can create a lot distortion and/or deception.

@Ruth,
Perhaps the difference is that everyone in Canada pays. We have 50% of Americans basically paying nothing in federal income taxes.

Yes, Goldman Sachs most certainly did commit fraud, and they need to be taken to task by the one who can call the shots; and we all know who that is!

How dare they undermine the US & its economy & affect not only the US economy, but the worldwide economy so negatively..."in this instance, NO-ONE WINS!"

@Jack,
Good for him as he needs to take care of his health. Have a good evening.

What is the race make up of the law force in Az..
Do you think that a police of the same race is going to ask for papers from his own and do you think that he will go along with his co-worker stopping only people looking like him?

@Cindy..Thanks,.you as well.

Our income tax may be lower then Canada; however, Canadians will never face the loss of their home due to medical costs!!!

Ok, So if the issue is that these "illegals" (who happen to be fellow humans seeking a better life...) is that they are working under the table and not paying taxes, the logical things to do would be 1. Make it incredibly easy to get a work visa, if I was an immigrant I would much rather get paid American MW with the chance at benefits than work for a pittance. Even after paying taxes they would still make more than working under the table. 2. We need to start doing INS inspections of companies again. Under the Bush Administration INS investigations quickly declined and ended at 0 by the end of his term from approx 900 at the end of Clinton's. I feel that we should not deny humans the right to seek a good life, my definition of what an "illegal immigrant" should be is someone with a criminal record trying to enter our country. This, in the end, takes us away from the REAL issue which is that these companies outsourced jobs looking for cheap slave labor. The REAL issue is that we need jobs for all of us. I think this AZ thing is just a panic response to dwindling economy. We in America are supposed to stand for HUMAN RIGHTS. As in all of us. I want jobs for ALL OF US! We have all these as*ed out factories all over the USA, lets get them going. We can pull out of this with but only through determination and sheer force of will. Lets make this the greenest healthiest nation ever. Maybe the world will forgive us for devouring 70% of the earths resources.

15% on the first $40,970 of taxable income, +
22% on the next $40,971 of taxable income (on the portion of taxable income between $40,970 and $81,941), +
26% on the next $45,080 of taxable income (on the portion of taxable income between $81,941 and $127,021), +
29% of taxable income over $127,021.

I think a good way to approach the illegal immigration problem would be to 1.) Have a one time limited amnesty. 2.) Fine employers heftily if they hire illegals after doing their usual background checks 3.) Only look at papers of identity if there is a solid ,reasonable cause to stop someone. and 4.) Secure our borders. We could also increase the number of people from Mexico that can be considered for citizenship, since they are our neighbors. But, ignoring the problem for political reasons, will hurt citizens of all races.

@Cathy

To answer your question..No, he's not singing, he's lip syncing...

A fellow Michael Moore aficionado in Tokyo, Sakan yanagidaira, would have loved to see this. I hope to catch the replay. Come on guys, Advance Notice!

Loved the show......and because I am one of those "socialist Canadians", I can't give the answer.........but I will say this.

Thank God I live up here. I just got out of hospital and didn't pay one red cent for 4 days of round the clock care for pancreatitis. Nor do I pay more than $4.00 for a prescription, regardless of the real cost, because I am a senior.

You couldn't pay me enough money to live in the US. And we all sit here watching this healthcare fiasco wondering why you folks just don't GET IT!! Move up to the 21st Century, folks.

Lets get to the point, here.
Little sympathy must be shown to the banks and financial institutions trading in un-authorized products worldwide. The reason is quite simple: what happened to their Basel II implementation and compliance, as well as the appropriate local authority’s subsequent supervision?
The rate at which the Government has been bailing-out Institutions is not alarming; it is a disaster in the making. Where was the SEC?
In this regard, I would like to refer to the report by the Bank for International Settlements, Basel Committee on Banking Supervision, entitled International Convergence of Capital Measurement and Capital Standards – Revised Framework June 2006, and in particular, Part 2, Chapter VI – Market Risk, Point 2, Prudent Valuation Guidance.
This section provides banks with a framework and guidance on prudent valuation of positions in the trading book, adequate systems and controls, as well as the need for policies and procedures to be in place.
The question is: how many fundamental requirements as described in the above-mentioned document were in place?
In conclusion, it must be pointed out that the implementation of Basel II was not an option, it was mandatory.
"Spy Traders"
Lets make the movie!!

@Cathy

To answer your question..No, he's not singing, he's lip syncing...and doesn't have the words memorized...he is reading the verses his attorneys have written for him..

Michael, you are playing such a key role in turning things around in this country. You may not see it all but we do among friends and people we talk to. Because of your ingenious approach to filmmaking people who were never involved are involved. They know what they did not know (nor care to know for that matter) before. Keep doing your work as it is making a tremendous difference for the good. For another film, how about hitting education and the abuse the testing is doing to children. Research the killer Texas exam elementary students have to take. That is the worst. Then look at the FL public schools and how (due to Jeb Bush) they are graded. The lowest graded schools have funding from the state yanked from them. It is jeopardizing the American students' rights to quality education.

@ Dodie, you are so right, I have never heard of one single case where medical expenses cause folks to loose their home.

Also on balance income tax in Canada is nearly on par with America.

The difference is that what Pres Obama has proposed to have folks earning more than $200 thousand pay a higher tax bracket has been in effect in Canada for more than 50 years.

Also there are not as many tax loopholes so that a person can evade paying their fair share of taxes.

They have Old age pension, CPP Canada pension plan and RRSP's and RSP's that contribute to great security when one gets old and is completely tax deductible from you total earnings.

Most folks in Canada according to the last consensus taken buy at least ten percent of their total earnings for the year into RRSP's

However, gasoline is much more expensive, and the drug plan for seniors is very lenient, and for folks not retired, our cost of prescription drugs is about 0% of what Americans pay for the same drug in the U.S.

Surgery costs which are the highest in the world in the U.S. is still not billed to the recipient anytime.

The biggest win is for families with children, that can be sure that their child will get excellent care, which does not exist for the folks below the poverty line in the U.S.

The "LIE" that was given to the American public by the Republican party, about the long waiting period in Canada for medical care is just that "A LIE"

If a person in Canada has need for emergency treatment the most he/she will be required to wait is approx: 8 hours.
Elective surgery can be much longer.

As you know those atre some of the reasons I moved to Canada a long time ago.

Just in passing, what Goldman Sachs did would result in the severest penalties possible, and they could not consider buying the politicians off as they do in the U.S. because of the transparency in Canadian politics.

@ Dodie, the percentage on the above blog said 0% but it's a typo, the percentage is roughly 60% and that is why many Americans living on our combined border come to Canada to get their prescription drugs.

What's really weird is that those cheap Canadian drugs are made in the U.S. approx" 70% of them.

.................Canadian Tax Brackets................

Income Bracket Marginal Tax Rate
$0 – $10,320 0.00%
$10,321 – $12,269 15.50%
$12,270 – $15,658 27.60%
$15,659 – $36,848 21.55%
$36,849 – $40,726 24.65%
$40,727 – $64,881 31.15%
$64,882 – $73,698 32.98%
$73,699 – $76,442 35.39%
$76,443 – $81,452 39.41%
$81,453 – $126,264 43.41%
$126,265 + 46.41%

republ. closed their eyes supported goldman & other on wall street in their worng doings when they were in power for so long when these transactions were taking place that led to recession before obama came in. repub didnt bring any regualtion law on purpose Republicans & Goldman has destroyed our nation Republi are more guilty than Goldman on 1 hand republicans in todays testimony they said wall street needs regulation on other hand they voted against it thats double standard by repub when its proven recession is a part of as result of no regulation on wall street where as Dem.got donation for campaign but still they stood against goldman brought the truth out by bringing the bill & the facts on the floor splly Wa senator (D) she taught the GOP today

@ gerald Jolly

Canadians must feel safe that their home would never be involved with medical bills. Even with insurance, one never knows in the US.

Gerald...

Yes, you are absolutely correct. We bus a lot of seniors to Vancouver so they can purchase American Phrams in Canada at one half the price sold in the USA. Makes absolutely NO sense to me.

@ Cajazz76:24:8

Thank You for the information. The tax does not seem as inflated as many describe on this blog! I find that very interesting. What do you think?

You are fed this misinformation on our Canadian taxes so that you won't go for Obama's plan. Our taxes are no worse than yours and we have deductions that lower it dramatically. I know cuz I am doing mine right now.....our date is April 30th.

As for these so-called longer waiting periods, if it is deemed to be cosmetic or not urgent, you wait longer. But when I needed Emergency Room treatment 3 weeks ago, I didn't wait for even 30 minutes. They were amazing........and it didn't cost me one cent.

Don't let the nay-sayers sway you.......no one in the civilized world can understand why any American would object to what Obama is offering. Your system is just plain awful.......and is one reason why I won't go to the US for a holiday. I can't afford to get sick in your country!!

For the life of me ..why are employers whonturn a blind eye to a person's citizenship or having the proper I.D. not prosecuted or jailed if necessary. That would include the politicians who have illegals as their gardeners, nannies ...they should be @ the top of the list for hefty fines ..then loss of their precious profession. That would be a start for the elimination of the illegal. I just wonder if the majority of illegals were of middle eastern descent would there really be as much sympathy for the illegal. I still think assimilation should be of utmost importance for anyone considering legal citizenship. It is such a shame when someone has lived in this country for 20 or 30 plus yr. & the only English words spoken are yes & no!!! There is something wrong when a person desperately wants to live in the U.S & makes their new homeland an exact replica of the country they just left..something wrong with this picture!!

Heather Figueroa

Do you disagree with the posted tax table above?

@ Heather Figueroa

You are correct. When I was staying in Canada with some friends, one needed to go to the Emergency Room and was seen immediately!

Rotten to the Core it is not just Goldman Sach this is just the tip we need to dig deeper and bring out the rotten ones out and any politician that knew of this also so should be accountable your there to protect the American people and not the financial GREED America has lost its way we need to find our back to the american dream versus the American GREED!!!!!

P.S to M.moore you call it and nail it right on the money.

Michael Moore I'm with you %100 keep up the good work!

@Dodie

I think we pay much less in taxes...federal..not including the multitude of other taxes..couple it with health care costs I still think we pay less.
................................2009 U.S. Tax Tables..............................................

10% on income between $0 and $8,350
15% on the income between $8,350 and $33,950; plus $835.50
25% on the income between $33,950 and $82,250; plus $4,675.00
28% on the income between $82,250 and $171,550; plus $16,750.00
33% on the income between $171,550 and $372,950; plus $41,754.00
35% on the income over $372,950; plus $108,216.00
(Tax Rate Schedule X)

Filing status: MARRIED FILING JOINTLY
Use this schedule to figure out your tax if you are filing as married filing jointly.

10% on the income between $0 and $16,700
15% on the income between $16,700 and $67,900; plus $1,670.00
25% on the income between $67,900 and $137,050; plus $9,350.00
28% on the income between $137,050 and $208,850; plus $26,637.50
33% on the income between $208,850 and $372,950; plus $46,741.50
35% on the income over $372,950; plus $100,894.50
(Tax Rate Schedule Y-1)

Filing status: MARRIED FILING SEPARATELY
Use this schedule to figure out your tax if you are filing as married filing separately.

10% on the income between $0 and $8,350
15% on the income between $8,350 and $33,950; plus $835.00
25% on the income between $33,950 and $68,525; plus $4,675.00
28% on the income between $68,525 and $104,425; plus $13,318.75
33% on the income between $104,425 and $186,475; plus $23,370.75
35% on the income over $186,475; plus $50,447.25
(Tax

Dodie...

I would have to look at individual situations...it depends on the write-offs and is a close call...still think we have an edge..

@ Cajazz76:24:8

Thank you for the information pertaining to taxes.

Many of us would have to pay enormous medical insurance premiums if we retire. It is the only reason I am still working.

Donald L Allen you no you or right and if I wanted to get the fun to start my Business it wood be impossible right you no it to you see I wanted to start My Business But you no the PR is that if you want money you first need to have money right and than they com UP with the transforma bill thing like if you try to com up with something to Help to get it going than the can just terraform it right you see what I mean so it a hard Battle to fit right see if you can or they can take it from you first right so I have no fun But I well be heck if I,M giving it all away right see what I say and way see you to Be Good I need the Mooney to start my Business if it not like that I madewell stop now right see you to well I hop you no the spelling see you

Donald L. Allen

I couldn't disagree with a work you write....

Love you Michael. Keep doing what you do!!!!

While I don't agree exactly on the language of the bill in Arizona, I do not think the rest of the country understands the issues that our border faces and consequently, the rest of the nation. I live 20 minutes from the Arizona/Mexico border and am not so worried by the illegal aliens I encounter nearly every day but by the DRUG TRAFFICERS that cross my pass nearly every day making it difficult to safely take my children to school or go for a hike behind my house because there are so many laws that do not allow the border patrol and other agencies to keep us safe. Michigan is a long way from the border and no one can truly understand the severity of this issue until they experience it firsthand.

@Donald L Allen...Nice word salad, as usual.

Lets remember that "hiospanic was a name invented by Regan... to profile the mix betweem a White Spaniard and an American Indian...... Mexicans are what its left of the Native Americans... Have you been in an Southern Cali Indin reservation, or New Mexico? The pretty much look mexican to me.......SHAME EUROPEAN AMERICAN....... for anyone to be America directly had to be BROWN... deal with it Bigots!

Thanks for clearing up the misconceptions of immigration; because it seems as if some people forget that we are all immigrants, except the native indians, but misconceptions happen when you hear what you want to hear.

jack

You cooked that up rather well.

Question for Michael Moore:
I want to say racial profiling is real. I was brought to this country by my American husband who was too lazy to fill out my paperwork and 4 1/2 years later I still have NO status. I have written to Michael Moore, Oprah, Ellen, CNN and anyone I could reach out to. I am not allowed to work to earn my way back home and so I stay stuck here.
I am white, I am illegal, and I look American. This is in retrospect more a comment on Arizona's Immigration Law and less about a question.

@Cajazz76:24:8...His messages are kind of hidden, but he has a very unique style. Maybe a type of cut-up poetry or something. Maybe he studied under Burroughs.

About the Question Of Fraud by Goldman... The attention to fraud is designed to keep us away from the real question. Product Liability was the real crime by Goldman Sachs. Are they not liable to every consumer and investor that bbought the products they create? Did they not hide the material facts of what they knew was wrong with their product? Will justice be served?

About the Question Of Fraud by Goldman... The attention to fraud is designed to keep us away from the real question. Product Liability was the real crime by Goldman Sachs. Are they not liable to every consumer and investor that bought a loan product that they created and sold? Did they not hide the material facts of what they knew was wrong with their product? Will justice be served?

canadians pay approximately 40% tax on their income.

Canadian taex are 15-29%

that's taxes..lol..15-29%

jack

I think we have to be schooled in hyperbolic functions to figure it out.

Hi. I enjoyed listening to Michael Moores insight of the new medical bill , and pointing out how there is confusion with a lot of loop holes in the bill.
In answering the question about how much taxes Candians pay in taxes has to be higher then what we pay. I estimate it must be about 34%.
Hope I am close.

@Cajazz76:24:8 and jack

Carefully very this read must one and unique very is it suppose I. Structure sentence with way a has certainly he. Craftsmanship Donald Allen enjoy to beginning really am I that find I.

15- 29 % of Canadian income taxes. I am a Canadian-American so I suppose I don't count but I know this so I thought I would share

@mike Jaeger...Yes, but instead of having them give up much of their bonuses, they can just go through the motions of chastising them. Impotent rage , against the machinery of greed that they help maintain.True reform can only take place when we have a public funded election, and funds , and lobbyist influence is banned from Washington. Until that happens, I am afraid the temptation is just too great for them in many cases.

Dodie

I'm short on linguistics...but you appear to have a natural ability to be able to speak to pigeons and widgeon's..you quack me up..

@Dodie..Good one. I no u are getting the fun 2gether 2 star you on bizness. you kan ged a lone and go frim ther..mike mor and larry the king no hou itz dun.get on bored.

I think the average Canadian pays about 55.13% combined Federal & Provincial Taxes.

Kanadienz don play nurly az much texas 4 all doze benies and survuces they receve cumpared to oz. the texas tabulz don tell haf de stores. Wen u ad up all de tinz dat ther monie bis. Deduck averges and u may bee surprized at whut u maye finde. U will finde u r lef with mor income to spen on whut yu dezire.

The Republican's mantra "Deregulate, Deregulate" the financial markets since Reagan and the repeal of the Glass-Steagall Act in 1999 by a Republican Congress, is what sent the world financial markets crashing. And for those Republicans who never heard of the Glass-Steagall Act, it controlled speculation and prohibit a bank from owning other financial institutions which would create a conflict of interest, such as investment banks and insurance companies. In short, repeal of the Glass-Steagall Act, by Republican Congress, allowed investment banks to merge with private banks which led to derivatives and banks gambling with our money and brought down the world financial markets. That kind of merger also accounted for the Great Depression of the 1930s.

Bush and "Tricky" Dick Cheney's unnecessary war in Iraq didn't help much either. Bush did apologize for the financial meltdown. Gee thanks!

Republican Party, "thanks for nothing". Try taking responsibility for the world's financial disaster, instead producing only meaningless rhetoric on hot button issues.
And these guys want back in the White House!

"TURN UP THE HEAT" on the Republican Party.

Just wait until our Dutch friend comes on...and starts posting scripture in native tongue, we'll have have to get out the abacus...or finger it out like Helen Keller..

@ Cajazz76:24:8 and Jack

Natural born dyslexia. Just read it backwards. The blog will make more sense!

To Larry king/M.Moore
When comparing Federal taxes for Canada/U.S.A. you should add in the cost of health insurance, to each individual in USA's Fed. tax,as we in Canada do not have to pay any health insurance, just in our taxes.

To Larry king/M.Moore
When comparing Federal taxes for Canada/U.S.A. you should add in the
cost of health insurance, to each individual in USA's Fed. tax.
This would make it more fair.

@Randy Munday...That is why Mr. Blankfine spoke out against restoring that act. It would prevent them from continuing to cheat people. They don't want anything to spoil their greed party.

Cajazz76:24:8

You mean "Mr. scripture"....... Shhhhhhhhhhhhhhhhh

@Dodie...Leonardo Da Vinci wrote backwards in a mirror image as his code.

everyone has the right to a better life here in this country...i am a native of the united states..and well i am what they call a landless native the government has never settled with us..why not give poor people chance to make a better life for them...they dont give natives a fair shot after taking our land and rights give other the same chance they and their families had...equal rights for all....let the immigrants come here and live a decent life!!!!

@Dodie, Cajazz76:24:8, and fellow bloggers , have good night. Nice show , Larry King. You and Michael Moore seem to get along well.. Entertaining and perceptive guest.

jack

Good evening to you...you get tongue tired?

Good Night, Jack!

I calculated the average Canadian provincial tax rate for individuals making $70K using a weighted average based on the population in each province, and the average turned out to be $7,349.60... add this to the Federal Tax payment for individuals making $70K, which is $12,532.10 and that equals a total of $19,881.70 Provincial and Federal tax for the individual making $70K. This is approximately 28.4% of $70K, which is significantly less than 40%. 🙂

The light always wins over the dark.

So.... maybe this was supposed to happen so that we would all start paying attention to our communities and eachother more, instead of being so individualized and separate. I went to church as a kid and one of the commandments is to 'Love thy neighbor'. I really get it now. We were created in the likeness of G*d or the Universe and we are just a small version of what we live in. Like cells in a body. So if we turn to one another and love eachother, the Universe is a more loving & happy place.

Everyone is starting to wake up after watching the 'guy' that we worked so hard to get elected go out and hire the very same crooks that started this debacle of using our hard earned money to party with, basically.
What some groups have done in various pockets around the US is to ignore the government and build sovereign communities- with their own money and bank that they create. Ithica, NY has such a bank and it's own money. Everyone puts money into the fund and we all make money off any interest that is paid on loans. When one of us wants to start a business, we all pitch in to help. We barter for nearly everything and have flexfuel tanks so we can use used oil to run them for now, until something better comes out on the market. We have local indiginous tribes teaching us how to make things and live off the land.
We have lots of ex corporate white color types that have chucked the commute and fat checks to live in the country and learn how to build eco villages, garden and eat more aw food in their diets (that is quite the rage and delicious. There must be 100 sites on Facebook about raw food preparation and ebooks). Many are advocating "Garden's NOT Lawns".
Most of our members are organic gardeners. We also have a large herbal community that is planting a huge medicinal garden that our homeopaths use because it's far more effective than any pharmaceuticals.
We have functions 1 -3 times a week and have vowed to take care of eachother. Homeschooling our kids has made us better parents and more responsible. The kids are getting the best scores on state exams. Our whole system is ours and everyone is much happier, especially the kids.

Larry, I live in Chandler Arizona. Ask Michael if he has a single inkling as to what is realy going on in Arizona as to the illegal imigrant issue. He obviously has no clue as to what is really happening within Arizona and accross the border in both directions. Michael, come for a visit for one day, and I will help you see the reality that we all deal with here in this border state.

Thank God for Michael Moore stating the facts re: the true americans like me, Isleta Pueblo, and the immigration laws in AZ. Also standing up truthfully for the average guy about our own mostly corrupt government. I was promised by Senator Reid's office that they would help me with my home modification and they sent me to Dina Titus's office that never helped either. My modification is ongoing for 3 years now and they've offered me a lower interest with 30K more principal. Bal owed is 370K and valued @ 145K. My 92 yr old mother says it's worse than the depression. I believe her. These banks should be made to offer the homeowner their own shortsale and keep their homes and the banks can still get their writeoff. Thanks and love your show. God Bless you Larry!

Last night it was embarrasing how misinformed our politians sounded. They were blaming Goldman for everything. Goldman is an investment bank – they are NOT a mortgage company that allowed unqualified people to buy homes that were not appropriate and brought down the mortgage market.

Michael Moore is also misinformed. 401K and Pension money was not in the specific product that Goldman is fighting the SEC about. It was a German bank. So, this particular product did not hurt average Americans at all. Average Americans are not allowed to invest in these products.

This is just theatre where ignorant politians or windbags like Michaela Moore can pontificate about things they barely understand.

Where were the regulators?

The purpose of Investment banks is to make money, wake up. You may not like what they do but when you benefit and the market goes up everyone loves them. When the market goes down and they still make money suddenly the green monster of jealousy rears its ugly head.

I did not see the live interview. In Europe I see the recording.
One weird comment coming from Larry I heard him saying. Democracy means I can rise at the top if I want to. I find this comment to be rather odd. Although I believe I understand what he trying to say. Yet this is not the fundamental definition of democracy.

Could it be at we in the west confuse capitalism with democracy ?
One being a political system the other a economic system
Capitalism being a economic system based on a democratic political system is of e different order than capitalism being referred to as a political system on it's own right ?

On the other hand a capitalistic system is not per definition a democratic system. As in any country where democracy can be controlled by the power of money, real democracy (as defined) could be affected. This happens when there is only a illusion crated by the rich when it comes to freedom of choice. The choices created and maintained by the power of money.

I think I can see why it could be confusing to separate the two concepts.

Would love to talk to you- I admire you – you stand for us- for democracy and you speak our voice- It takes great courage and strenght of character to stand up and speak for people like myself -who's a victim of GOLDMAN SACH directly through their toxic mortgages- thank you for your guts, your witt, your sincerety and thank you mostly for the love of humanity, us the little people
hope you write back
Pat – pd15@optonline.net

How can I ask a question

Good show – M. Moore is great – we need someone like him in CANADA

OF COURSE GOLDMANSACH COMMITTED CRIME – along with all
the other big banks – not only in US but in Canada (In Canada we
had our big depression in 1991-2 – when Mulroney gave us GST
and deregulation of Banking System – 7 yrs of record bankruptcy
in Canada while banks had 7 yrs of record profits – laughing at us)

We in Canada let our banks get away with it – NOT in the USA
Glad to see you are going after these banks – GOOD LUCK

Mary Bray

Thank you Michael Moore -and Larry

You tell the truth with humor....................

I just finished watching Mr. Moore on Larry King here in Germany. I have alot of respect for both men. I would love to hear more about which european countries Mr. Moore considers to have good social democratic governments....Germany is not one of them. I am an American who married a German and have lived here for the last 10yrs. I left America at the age of 36.
Germany has the same problems as Mr. Moore credited America as having only we pay on an average 52 percent federal income tax. If you are married and have children it does go down here but only to about 48 or 46 percent.
I do agree however about the crime issue. People who are employed are less likely to break into your house or steel your car. Crime is a bigger issue in America, but crime is a very fast growing issue here.
Guns are not legal here in Germany like in America and so I do think that plays a part on the fact that the crime is less here. Let's face it people may kill people and not guns but it is alot harder and takes more effort to beat someone over the head than it does to pull a trigger from 300 meters away! Therefore Crime cannot be compared in the comparison between America and Germany. Not to mention how small Germany is in comparison to America.
When comparing Europe with America you cannot invole all of Europe. You have to break it down because every teeny tiny country over here operates differently even though it is seen as a whole it certainly is not. Socialized medicine here considering what we pay in taxes is not cheap and has many faults. Even at it's lowest average tax rate of 46 percent here I would take America anyday even with all her faults.
Thanks for listening

@ CHM

If you take anything third rate, repackage it and sell it as a first rate product, then you just commited fraud, because you knew what you are selling is not what is printed on the package!!
If you take a cheap wine, pour it into a bottle of exclusive and expensive wine and sell it accordingly, you just commited a fraud.

GoldmanSachs was holding a lot of BBB rated debst from mortgages, (junk bonds, not investment grade), and it was impossible to sell it as such, because of the declining housing market and noone in his right mind would invest a penny into them. The worth was billions of dollars.
So they repackaged them into another product where the buyer did not have the faintest idea what it contains, had a crooked rating agency rating it as a AAA product, and sold it as such.
This is fraud at a very large scale and all should go to jail who participated in it. The goverment should file criminal charges against the bank as whole, naming all individuals who were part of the crime, and GoldmanSachs should be made to repay all damages they caused, even if the bank goes bankrupt with it.

So you know, since 1968 I am a NASD registered Financial Adviser and should know what I am saying. If I personally did such a thing I would lose my license and have a life long prohibition of work in financial matters.
The same should happen to all those involved at Goldman.

Let's be clear. The economic model that MM describes is classic socialism. His illustration of the pie from which a person takes more than his share of pieces to become rich is one of the oldest used to argue the virtues of socialism and the evil of wealth. MM should have been honest enough to answer Larry's question as to whether or not he was a socialist. His answer of, "I'm an American, I think.", was pure cowardice and deceit. If MM is going to be your hero for social/economic justice, then understand clearly that you are banking on socialism: a completely and irrefutably failed economic model that will always devastate job growth and the economy over the long-term, if adopted. Many want to condemn capitalism as a "greedy" economic model. Please understand that greed is why it works. The basic incentive to work harder and produce more for personal prosperity is why capitalism is the most successful economic model in history and why socialism will always fail. Socialism doesn't make the poor wealthier, it makes us all poorer because it diminishes the incentive to work hard and produce more.

Michael Moore

Thank you for your courage to speak up and let us all know what the upper 1% is doing to our country.
I wish we had lot more people like you.

Here I must say that the housing bubble was caused primerily by our politicians who let the bulls of the financial world loose on us, without any control. They became immediately wild wolves and devoured all savings and pension funds this country had. To add insult to injury, first they brag about the huge profits they make and pay obscene bonuses to those employees, who find the best way to cheat their customers, then, when the business turn bad, they ask the taxpayers to save them.
Meanwhile, they still pay the same oversized bonuses, while millions of those taxpayers do not pay taxes anymore, because they do not have jobs and lost their saving to Goldman and Co.

Michael is right , as usual ! Love to Michael Moor !

Goldman Sachs, another corporation deemed a 'person', It has been a long time that this country has been run by crooks. Goldman Sachs committed fraud. Since the decision that a corporation is a person, I think all the 'persons' of Goldman Sachs should be imprisoned in a regular old prison. In fact, take the money they absconded and they can foot the 'prison' bill for this country.
Shameful.

When I attended my son's graduation ceremony into the Canadian Air Forces, I remember a speech that was given to the parents of the graduation soldiers. He said "Parents, be assured that your sons and daughter will be well protected. In Canada, we take care of our own". This assured me very much and later I remember thinking what he had said left a deep impact on me. And he is right. In Canada we do take care of our own. We do pay takes that pay but we are well protected if we have a medical emergency or problem. Our taxes are well governed and spent. Maybe that's what Micheal was trying to say last night. It may be frustrating to pay taxes but we are very well protected. I've always thought that if Americans would do the same they would not be in such a health care situation.

Michael Moor is just a very good and intelligent guy. Always enjoy his clear way of thinking. He does put his finger into the wounds.

Thank you Mr. King and Mr. Moore. You guys definately have youre thinking cap on. Just so you know there will be a second protest at the New York Stock Exchange on Friday the 30th by a group from Detroit called Whatever it Takes. These are the real answers to the real problems.

here's the thing with the Goldman-Sachs rape. at the time all of this happened, the "greedy" figured out a social loop-hole that would tease people who could NOT afford to buy a house by opening the door to encourage loans they could not pay. i don't remember the name of the type of "application" the good Senator McCaskill brought to the table during her questioning of the former GS execs, but the bottom line is these bogus mortgages were bogus at the outside. what did they and others like them do? they sold these bogus mortgages knowing full well, the income put down on the mortgage applications would not be questioned. i had a boss at the time whose girlfriend was one of the mortgage brokers who "fudged" his own income in order for the two of them to buy a house well beyond his income. their engagement didn't last and neither did the house. it was one of the first of the mortgages i learned among the tens of thousands like them. but GS needs to be held responsible and i hope our government indicts THEM and others like them greedy bastards who participated in the rape. Senator McCaskill won't let up. she's a rising star in this mess and these guys and many more like them need to go to prison and be "passed around" as the money whores they are. hopefully, President Obama will sniff on this and get a little angry and make whatever reforms must happen in Wall Street to HAPPEN.

I live in Ontario Canada...as of July 1st(Canada Day) we will have a new tax...the HST...harmonized sales tax...which will tax everything...many things that weren't taxed before...will now be. Somewhere we citizens have just been informed that as of today if you book a flight for aa date after July 1st & you booked it today you will have to pay that special tax. Most children's summer camp registrations are before July 1st but since the children will be making use of it after July 1st ..guess what...it's taxable when you sign that little person up. It's time for our dear premier to go on a permanent vacation ...he dislikes confrontation soo,in the sand goes his head. A few years sa group of natives became anry onver something so, they blew up the a transmitter s1000's of citizens were without electricity for days, they also took residency over a newly developed subdivision. The police were ordered there but no arrests were made . What a waste of taxpayers $$$.f it would have been caucasians citizens who had done the damage we definitely would have been arested & put in jail. The citizens of that town were practically kept prisoners by the natives. They can't sell their homes ..noone wants to buy there. Businesses have suffered because visitors do not want to visit the town. Yes,that premier has done nothing about that situation but when it comes to increasing taxes ...he informs us it will be great for our economy.... I think he forgot he's a citizen on earth..we've just gone thro' a recession. So, Americans you aren't the only country that have idiots for leaders!!!

Comedians at the White House, who needs them!
Washington is full of jokers paid by the taxpayers.

@ Ted
Now that is what I call a 'home run' in clarity!

Theresa,
Sorry to hear that more taxes are on the way. After reading on the different taxes you pay, enough is enough!

If Goldman Sachs did'nt commit fraud.

THERE'S NOT A STEER IN TEXAS.

@ Theresa, I think it's time for the people of Canada to have a boycott and a serious tax revolution.
We may have many great things in Canada, but the greatest thing we have is "BIG TAXES.

GEEEEEEEEEEEEEZZZZZZZZZZZZZZZ!

When is the B.S. going to stop and have elected officials start doing their job of taking care of the people that have elected them to serve "THEM"

hi i love your show,i love how you stay "real" and never criticize anyone
4 their thought. I would just like to say, as Americans, we all have 2 obide by all laws and get reprimanded accordingly. Americans
always have 2 have and "show" proof of pass ports and all documents
where ever we go and whatever we do. We can be pulled over by authoritiies for any reason and if we do not show proper material, we face courts/ whatever applies. Therefore in response to the young lady who is in jail for driving with no license and getting no legal papers to live in America, (she has had plenty time to fix these issues at hand) So along with her and the many people who live here
ILLEGALLY , there is no excuse , they just using RACISM as excuse.
LEGAL immigrants are still allowed to be here. So stop excuses and OBIDE BY THE LAWS.

@ Theresa...

You stated:

"A few years sa group of natives became angry over something so, they blew up the a transmitter s1000's of citizens were without electricity for days, they also took residency over a newly developed subdivision. The police were ordered there but no arrests were made . What a waste of taxpayers $$$.f it would have been caucasians citizens who had done the damage we definitely would have been arrested & put in jail. The citizens of that town were practically kept prisoners by the natives."
*******************
There are no excuses for the Natives behaviors. However, One must look at the entire picture to gain an understanding. For over 500 years Native Americans have experienced catastrophic actual, spiritual and cultural genocide. After the plight of almost complete inhalation through mass killing of my people, Native Americans (Mexico, US and Canada) were faced with being totally assimilated by the Western Culture......or dying on reservations. A good example of this was the past winter. While the US was busy with Haiti, many Native Americans were freezing and starving ... some died from the snow knocking down power lines in North and South Dakota. Very tragic. Natives for the most are peace-loving individuals who are just trying to survive the current spiritual and cultural genocide. I hope this helps you with a greater understanding of the 'big picture'

May your day be enjoyable and productive..... Kahonehe (Ka 'honehe')

Guys, guys nothing is going to happen to Goldman Sachs fat cats & to others of the kind.They have protection from those who are their sympathizers & those who are on.their payroll.
This hearing is just a sham. Look at the body language of the 'accused' both in the chamber & outside. look at their back grounds & you would know why they are above the law in this country.

@ Dodie. you are right its important to look at the entire picture.
there is no excuse for any minority to turn violent no matter how oppressive the treatment meted out to them. With their very existence at stake, deprived of even basic needs for survival, refugees in the land to which they belong they are expected to go about their 'lives' humbly & in peace.
This is going on right under our noses aside from what happened to the American Natives or in Bosnia-Herzegovnia S.Africa, in Kashmir, occupied territories of Palestine , Darfur, the Congo. Apartheid, ethnic cleansing under the auspices of U.N.
Violence must be condemned, no need to look at the root causes of this phenomenon tearing our world apart or do something about the festering issues
fueling it.

@ Dodie....I truly understand why the natives are upset......having their children removed from their homes, not allowing them to retain their native language ,not allowing the parents to see their own children . Having them moved 1000's of miles away...having them live in residential schools where many where physically & sexually abused is absolutely disgusting. The conditions on some of the reservations is absolutely disgusting...the rate of suicide amongst the youth is mond boggling. Our governments should have settled the land claims long ago.....this problem is on their shoulders but they just turn a blind eye. This is all very understandablebut this is 2010......but what bothers me is the attitude of many natives is they don't have to put an effort into anything because years ago they were down trodden so, they are going to keep that attitude. If they do something illegal only the native police can arrest them...this I think is unfair. If the native children live on a reservation their education is paid but too few take advantage of that. What upsets me are incidents that happened in Caledonia ..where innocent Ontario citizens had to suffer because the natives didn't like it that a developer was building homes on their supposed land. They took over the development even though te developer had all the legal documents. After they took over the development they expected the citizens of Ontario should pay their utilities. That's also when one or more natives thought the transmitter should be destroyed & too many citizens had no hydro for days 7 as i posted the town of Caledonia is still suffering because noone wants to move there & busineesses have suffered. So, my sympathy for the nativescertainly has dwindled because they certainly don't care for their fellow man!!!

State Government doesn't get any bigger nor more invasive than goose stepping State Troopers marching around demanding citizenship papers from everyone leaving a Mexican restaurant or simply standing on the street corner.

So much for Republican-Tea Party mantras of less government, apparently it has no meaning whatsoever if the Republican's increase government and governmental invasion into the lives of American citizens.

@ Ikhan, yes many of those filthy greedy (evil) individuals like in virtual bunkers and mansions that have state of the art security which is generally entirely invisible until someone walks thru a open gate whereupon they are suddenly set upon by a half dozen armed men asking you what your business is.

It's difficult to tell the hard core criminals leading a large criminal organization and these individuals that essentially engages in wide ranging questionable actions and routine nefarious activity's themselves.

I agree it is sad and scary when such individuals and organizations literally have the Justice's and Appeals Court Jurists in their very pockets which work to obstruct and block criminal investigations which would slay the routine law abiding layperson.

Yes you are correct in your assumption they don't give a damn about the man and woman on the street whom they view as simply a consumer. They and their Republican led corporations move on like locust consuming all the resources and cheap labor as it can, often leaving a ecological disaster in its wake before moving its operations to another unsuspecting region to repeat their unethical practices again and again.

President Obama and the Democratic majority lawmakers need to pass sweeping and powerful reforms and regulations on Big Oil, Big Coal and Energy cap and trade federal laws. Gone are the Republican party of NO letting these scumbags police themselves at the expense of the American taxpayers who are then on the hook to clean up their toxic Superfund sites and sort out the corruption.

For many Decades the Republican party lawmakers and their primary donors at Big Oil, Big Coal and Big on Fossil Fuel usage touted how cheap their clients product was. HOWEVER when fossil fuel is responsibly obtained and responsibly burned and consumed, the REAL PRICE is much, much higher placing it closer to Green Energy production in the actual total costs.

Congress are equally to blame just as Wall Street!!!!

Imagine the outrage across America in the day's ahead when a sign goes up on the beautiful coral reef's in the Florida Keys, 'Closed Thanks to the Republican partys Big Oil donations'

I usually love the correspondence dinner, but with such a disaster happening in the Gulf of Mexico, should the President and the press be having a lavish dinner and joking. I understand it is planned well in advance, President Obama should have had someone fill in. It’s the hypocrisy that he condemned companies for ‘going to Vegas’ during a crisis for events planned in advance.

@Cajazz,@Smith in Oregon

you guys are so on the mark. The Gulf of Mexico disaster scares you for its enormity & the consequences which at this stage cannot even be assessed.
The Goldman Sachs 'disaster' worries you as it demonstrates the vulnerability of our system to abuse of power & the insulation it provides to a strata of our society capsuled in wealth & influence.
Both man made.
We the American public are being manipulated both subtly & blatantly by those on the Hill, Wall Street, the media & they in turn are manipulated by the lobbies, special interest groups & others with vested interests. Are we that gullible or trying to keep our heads above water , we simply have become oblivious to what is being done to this country & us???
Bush-Cheney assault on this nation is not all that ancient that its memory is already dimming, the Republican obstructionism & their desperate efforts to stir up sleeping demons of racism and to go to any length claw back to power should now be obvious to the public.

@ IKHAN

You are a breath of fresh air! Your ability to conceptualize and deliver through dynamic expression is always a good read

You are right on target. Cultural or actual genocide is not a new concept and happens often, at least more than people want to know! You see with 20/20 very clear! We all must be responsible for our behaviors regardless of our life's tragedy!

Goldman Sachs has their tentacles around the world. The most they will receive is a 'slap on the wrist'. The idea of "The corporate world" is here and unfortunately to stay. It pains me to see the US sliding on the sands of time to a station not so bright! A country possibly in 'decline' is very painful to watch.

Larry love any show you have with Michael Moore. Is he scheduled for any visits in Toronto?

Ask Mr. Moore if he's actually read the AZ immigration bill. And the correlation of illegals with all of our ancestors who legally immigrated to the U.S. is both specious and moronic. A country built on the rule of law cannot have a citizenry whose first act of citizenship is breaking the law. Also, Tea Party gatherings have consistently exceeded 10,000 attendees.

Michael Moore is a bitter man and is a hypocrite.
Goldman Sachs will not be found guilty. The SEC has no case so
the Feds stepped in, but they won't be able to prove a criminal activity.
All political. What a joke of an administration we have.

The rate they pay is 26%

Canada has average of 21.5 federal tax

Canada tax rates
single 31.6%
married 2 children21.5%

People coming into this country should do as our parents did and do it the right way. Learn the language and American customs and keep their own language in their neighborhoods and homes. Most aliens can not speak english but can count money! They EXPECT to have everything given to them. I'm 60 and have worked since I was 16. I've never owned a new car or a home. I live paycheck to paycheck and raised a wonderful son. Being laid off at present, I go to the unemployment office and in the orientation we were asked if anyone needed an interpretuer. What's with that. I truly feel we are giving away this country and I agree with the laws in Arizona. I am surprised at Mr.l Moore's take on the subject. Has he seen the criminal activity by these ALIENS. We are so worried about the "coasts" and airports but this area is a continuing security risk.

I think Michael Moore is out of touch with the AMERICAN PEOPLE, we have lost more jobs to illegals coming in from Mexico and this has also helped for the down turn of jobs in America. I applaud Arizona for taking a stand on the illegals crossing into our country for which our Federal Goverment has failed the American people.

Michael Moore's calculation of the Canadian Health System as paid for by the Canadian Income Tax is misleading, since Canada also has a GST...goods and services tax....or national sales tax of 7% which adds substantially to the tax burden of every Canadian.

I can trace my routes on my Father’s side back to 1632. On my Mothers side I am a 1st generation born from a legal immigrant. So what does that mean? I think It means that what I say about Illegal immigration should mean something. If you are here as a illegal immigrant you have broke the law so you must go home and try to come back the legal way. And by the way they are Illegal Immigrants not Immigrants. Please get it right

I agree completely with Mark in Houston regarding Arizona.

I'm a suppoter of Arizonas illegal immigration bill, those that are against it are plain stupid to understand. It does NOT discriminate against immigrates, only those illegally here, police will not be applying the law stupitly, stopping dark skin people nor those speaking their language. Illegals are taking jobs away from US citizens in warehouses, construction and much more.Get it Right, a Country is no Country without its borders. Mexicans have been murdering central americans for coming across its borders, they're no one to talk about US takes stands to protect it borders. Drug cartels and smugglers are hoping Arizona fails, thanks to those that are against it – idiots.

@ Theresa

I can understand your concerns regarding this group. I do not know why they would take over the land of the developer unless they had some proof the developer was using their land. In the US they would have been arrested if the land was not theirs.

I cannot speak for Canada, but in the US, native land is well outlined for those tribes that have registered and accepted by the BIA.

Spiritual and cultural genocide often create a loss of self and importance; accompanied by loss of direction in life. With all this said, we all still need to be responsible for our actions and behaviors.

Theresa, may your evening be an enjoyable one followed by a bright and beautiful tomorrow!

hello,just was watching the show ,thanks! L & M
about Canada inc. tax.The % changes with income amount.Alberta is the only province 10% all income.Fed tax starts out15% up to $40 970
22% $40971 – $81941 Then add province tax
B Columbia
5,065 % up to $35 859
7,7% up to $35 860 – $71719
Ontario
5,05% up to $37 106 and >>>>but a idea for usa goverment LEARN OTHER COUNTRYES MISTAKES.the study of history is the best medicine for a sick mind!!! must read N.Machiavelli The Prince.
Best!!!

@ Smith in Oregon

well stated blog. I share your concerns. I really do not know what we can do to change or reverse this mess. The global corporate endeavor is a real problem not only for the US but for all countries....

yes goldman committed fraud, but hey they are still running have to give them credit for that lolz

and why is nobody poking fun at our current president? his whole presidency is a joke, that makes me sad that no commedian will show up and roast him, i like a good joke sometimes

michael moore, yikes, what a very sweaty guy

after seeing sicko and bowling for columbine (i was forced to watch them in school quite a few years back) i have a good feeling what his rhetoric would sound like

"SHAME ON YOU TOYOTA, THE GOP, AND THE TEA PARTY, ok done"

and people actually buy that crap, why would you try to disgrace a party of american citizens for standing up for what they beleive in? i dont agree with mediamatters.com or moveon.com or dailykos.com but i respect their right to be there and say things about how they feel

and toyota, i own a toyota, (an older model before all the pedal sticks) and dont knock it unless you try it, my car is wonderful

they have been serving us with budget friendly safe cars for how many years and we want to sue them, tax them, extort them for what reason? talk about shooting yourself in the foot

@ Dodie, thank-you for your comments and useful points. Inherent in any democracy is the possibility of crass corruption thru the influence a handful of money can buy.

The Republican party makes no secret about buying judges by bankrolling their campaigns which have recently gotten very expensive.

For big business, such judicial donations are seen as protection money exactly as organized crime organizations would see it. The judges protect their benefactors from what they see is frivolous lawsuits, environmental lawsuits and infringement upon labor practices.

The laborer or layperson routinely get's it in the shorts when the 'rails are already greased' between a big business defendant and the very judge they helped place in office!

Unfortunately, as the Republican party have developed ever deeper pockets for graft, the money involved the past 10 years has become very large. In the 1980's it was no secret that donors to Ronald Reagan's Presidential campaign of 100,000 dollars or more were offered Ambassdorship's and those that accepted that offer made very lucrative overseas connections for their future offshore business activitys.

In a positive note, both President Obama and Ron Paul showed that Millions of dollars can be raised for a campaign very quickly thru the internet with Millions of donors giving small affordable amounts which kept them very competitive against the Republican corporate giants and their donations.

I remain hopeful given a level playing field that 'The American People' can once again thru the Democratic led Obama administration give voice and empowerment back to the hands of the American people.

I as a Canadian do not know the exact amount of tax I pay...I just know I have to pay it...I just know it;s too much. I also know the gov't. in these tough times still knows how to waste it. Even when found out(how it was wasted but nothing was done to the guilty party.) All I know is I'm very thankful that presently we still have universal healthcare. I remember as a small child when there was no niversal health care my sister broke her leg when we were at the lake...she was transported to hospitalby ambulance. It was a severe fracture ...she needed surgery . my mother didn't have wnough money with her to make a pasayment (I'm not sure if it was a down payment or what) , my sister wasn't going to be admitted because my mother didn't have enough cash with her...she phoned her family physician..he talked to the hospital staff. My sister was admitted ...but my mother was informed if she didn't pay the bill the next day my sister was going to have to go home tomorrow. Thank goodness those days are in the past...hopefully never to return!

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I know Larry King he is from pittsburgh.

Gene weisberg thegenie123@yahoo.com

My thoughts today are with the people that the oil spill in the \gulf of Mexico has affected. The damage that is done & will be done to the environment is horrific. The people whose livelihood depends on fishing, tourist boats ,restaurants is such a great concern. I read @ a town hall meeting that the fishermen were not allowed to ask any questions!!!!!! This picture is rather distorted. These are the people who should be able to ask questions...this is their livelihood. Once again the people are told to listen & shut up!! Now, that certainly is a democratic way to handle a town hall meeting. Also heard that if the fishermen had any outbursts they would be arrested. Maybe BP should be the selected group that should be arrested for this absolute detrimental fiasco!!! I hope Pres. Obama changes his mind re: offshore drilling. This is a consequence that could occur again & pandering to your opposition t'aint going to cut it!!!

@Paul

I, too, have major concerns about boycotting Arizona. The boycotting will create an increased fracture within this country.

Why would anyone boycott a state..you're only hurting the citizens of that state? The problem is illegal citizens ...if you're illegal you should not even be here. If you legally are not supposed to be in another country then how can you demand anything. Maybe some of these politicians or people like Rev. Sharpton should move to Arizona & see what it's like to be a citizen there....remeber NOT all the illegals are such innocent folk there are are also the cross the border illegal CRIMINAL!!!!

@Dodie.
thanks for your encouragement. I look forward to reading your comments.
You,Smith in Oregon, Cajazz & gerald Jolly are doing a lot of good thru your posts. Folks like Rose,Ted & LIZ CARTER too contribute meaningfully whenever they post.
Keep at it.

Donald L Allen saying we don't need privacy is like saying a bank want be rub it OK to be a thief if you or the one getting pay four it and I think if you say we don't need privacy you must be one of the thing we need to look out four and it not up to you if I love the US and work in a nutter country I can do what I want it what you stand four and the only thing I see every day is sum one else nosing in or Business it not what we want to achieve people car about it what you can stop us from achieve that people want to no about or care about I say stop running other people live,s wen you parable don,t have a clue your self see you Donald any one can make a comments but what do you men and if you do men something what do you men and way

Donald L Allen if what I,M doing is so good way can I not just work on my own and way do I need a partner way if what I do is so good way wood I give it to you to partition copy right or else wise I am Independent that is the way I,M going like do Bob on the news show see you Donald L Allen yes I,V got partner in other country But it a understanding we or seeking not to take over there business or my Business these or the kind or partner I have if there is any well to help me achieve or gold or to get sport in or way or maybe to let you no that it can be like that way or you going over there to sell what I do to gave away what I do to all elsewise what I,M doing ween it hard to do here with without any one knowing you or doing it right I want to see it stop it simple and I,M telling you start out so you no what I,M doing to see you Donald L Allen