Thursday, October 21, 2010

BECK MANGLES THE FACTS AGAIN

On his radio show today he mentioned the movie It's A Wonderdul Life:
Last night I played the clip of Potter from It's A Wonderful Life. George, you once called me a bitter, twisted old man. And I watched that clip. That is George Soros, trying to buy up Bedford Falls and turn it into Potterville.
One of the points of the movie is (drum roll) salvation through collective action, as we can determine from the Bank Run scene:
[during the run on the bank] You're thinking of this place all wrong. As if I had the money back in a safe. The money's not here. Your money's in Joe's house; that's right next to yours. And in the Kennedy house, and Mrs. Macklin's house, and a hundred others. Why, you're lending them the money to build, and then, they're going to pay it back to you as best they can. Now what are you going to do? Foreclose on them?

as everyone inside was about to go to Potter's bank for money] Now wait...now listen...now listen to me. I beg of you not to do this thing. If Potter gets hold of this Building and Loan, there'll never be another decent house built in this town. He's already got charge of the bank. He's got the bus line. He got the department stores. And now he's after us. Why? Well, it's very simple. Because we're cutting in on his business, that's why. And because he wants to keep you living in his slums and paying the kind of rent he decides. Joe, you had one of those Potter houses, didn't you? Well, have you forgotten? Have you forgotten what he charged you for that broken-down shack? Here, Ed. You know, you remember last year when things weren't going so well, and you couldn't make your payments? You didn't lose your house, did you? Do you think Potter would have let you keep it? Can't you understand what's happening here? Don't you see what's happening? Potter isn't selling. Potter's buying! And why? Because we're panicking and he's not. That's why. He's picking up some bargains. Now, we can get through this thing all right. We've got to stick together, though. We've got to have faith in each other.

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