10 Aug 2011

Moore Doesn’t Realize That the President Only Has Power To Blow Up People, Not Arrest Them

Big Brother 6 Comments

This ridiculous story of Michael Moore and S&P has been making the rounds (HT2 Gene Callahan, but it’s all over):

Liberal firebrand Michael Moore called on President Obama to respond to the U.S. credit downgrade by arresting the leaders of the credit-ratings agencies.

On his Twitter feed Monday, the Oscar-winning film director also blamed the 2008 economic collapse on Standard & Poor’s — apparently because it and other credit-ratings agencies did not downgrade mortgage-based bonds, which encouraged the housing bubble and let it spread throughout the economy.

“Pres Obama, show some guts & arrest the CEO of Standard & Poors. These criminals brought down the economy in 2008& now they will do it again,” Mr. Moore wrote.

Correct me if I’m wrong, but the president of the United States doesn’t actually have the power to arrest people, right? At best, that would be the Attorney General, aka the “top cop”?

Moore is understandably confused, since the president of the United States does have the power to declare which U.S. citizens are guilty of fomenting terrorism and can be executed with no judicial oversight.

6 Responses to “Moore Doesn’t Realize That the President Only Has Power To Blow Up People, Not Arrest Them”

  1. ekeyra says:
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    I like to imagine micheal moore is just like mr oogie boogie from nightmare before christmas. If you pull the right strings he falls apart into a writhing mass of insects.

  2. dninj says:
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    I don’t think he means for Obama to literally arrest him but to have one of his gov’t agencies make the arrest.

    • bobmurphy says:
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      OK dninj, and it is inappropriate for the president to tell a government agency to arrest someone.

  3. kavram says:
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    This is why people who’ve never studied economics should refrain from providing any economic commentary whatsoever. Does he advise that we arrest the CEO’s of Moody’s and Fitch as well, or are they OK since they’re still giving the rubberstamp to Treasuries?

    By the way, aren’t liberals supposed to endorse Freedom of Speech? S&P was just rating the bortage-backed securities, but Fannie Mae just yesterday FORCED taxpayers buy a bunch of this toxic sludge from Bank of America. That is the true criminal act.

  4. kavram says:
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    *mortgage-backed securities

  5. Peter Marwood says:
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    Had Mr. Moore known the President could just execute them…He’d probably have advocated that route.