Noam Chomsky and the Manufacturing of American Dissent: 2 videos

[Paul Rigby]

Peter Schweizer is a research fellow at the Hoover Institution. He has served as a consultant to NBC News and as a member of the Ultra Terrorism Study Group at the U.S. Government's Sandia National Laboratory. He and his wife, Rochelle Schweizer, wrote The Bushes: Profile of a Dynasty, which theNew York Times called "the best" of the books on the Bush family. His other books include Do as I Say (Not as I Do): Profiles in Liberal Hypocrisy and Reagan's War: The Epic Story of His Forty-Year Struggle and Final Triumph over Communism.

And who does Schweizer speak for, Paul?

The same people as Chomsky, Jan:

Chomsky, for all of his moral dudgeon against American corporations, finds that they make a pretty good investment. When he made investment decisions for his retirement plan at MIT, he chose not to go with a money market fund or even a government bond fund. Instead, he threw the money into blue chips and invested in the TIAA-CREF stock fund. A look at the stock fund portfolio quickly reveals that it invests in all sorts of businesses that Chomsky says he finds abhorrent: oil companies, military contractors, pharmaceuticals, you name it.

When I asked Chomsky about his investment portfolio he reverted to a “what else can I do?” defense: “Should I live in a cabin in Montana?” he asked. It was a clever rhetorical dodge. Chomsky was declaring that there is simply no way to avoid getting involved in the stock market short of complete withdrawal from the capitalist system. He certainly knows better. There are many alternative funds these days that allow you to invest your money in “green” or “socially responsible” enterprises. They just don’t yield the maximum available return.

The warfare state and related industries. Or are we to believe our canny MIT investor is intent upon doing real damage to his own carefully deliberated investments?