Friday, April 5, 2013

Capitalism: A Love Story response


Last week in class we watched Michael Moore’s movie ‘Capitalism: A Love Story’. This movie was a documentary based off the financial crisis the United States suffered in the late 2000’s. Basically he informed us how major corporations dominate the lower 97% of people, then clearly painted the picture that those corporations can take away whatever they want from the hard working middle class. The rich have everything and the poor have nothing.

The movie started to feel very personal, because my family experienced some of the same things a lot of people and our country were experiencing, primarily the house foreclosures. In 2007 my father pulled out a small loan our house to help pay for medical expenses for my handicapped brother Ian. He was certain that he would be able to pay off the loan, because he made $40,000 a year at the time. Unaware of the impossible percentages on top of what he had to payback, he never broke even on this loan and eventually defaulted on house payments.

I did not realize how the rest of the country was experiencing the same situation my family was. My father ended up losing his job, and in attempt to save our house he cashed out his IRA’s and 401K, leaving him with nothing for his retirement;  all that effort was for nothing, because he still lost the house he worked so hard to keep.   

It stirred up a whole lot of frustration knowing that big banks got away with practically murder and left hundreds of thousands of people out of their homes and millions of people taken advantaged of through the big bail out. Mainly it gave me another dose of being powerless over situations like this.    

Mainly this movie gave me another dose of being truly powerless over situations like this such as the American people suffering from our government’s poor choices and decision making.

I hope America can Learn from past mistakes and take better care of our hard working middle class citizens.

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