Occupy Wall Street better defend its identity

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A San Francisco Occutard has a suggestion:



Note the applause she gets. Hey, you can already print your own money. It's called counterfeiting.
 
Alt+F4 said:
Very poor analysis. Think I'm wrong? Please come to NYC (where I live) and see for yourself. Zuccotti Park smells like an open sewer and is occupied by thieves, drug addicts and vagrants. They want to make puppets and last night they had a pajama party sleep over....with popcorn! They don't give a damn about the working people who live in the area and have no intention whatsoever of trying to change anything happening on Wall Street. That people of color, unions, seniors are involved doesn't change the truth.
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Have you overcome your terror and actually visited the place? If so, well done.
 
RandFan said:
YES! YES! YES!

What is that people don't get? There was a movement, People called their friends and said let's do something so they protested Wall Street. Word got out and more and more people showed up. This isn't difficult.

  1. It's been more than 10 years of a lousy economy. Every year most middle class and poor must live on less and less while the rich get richer.
  2. Many people who graduate from college can't get jobs.
  3. WALL STREET @#$%ed US and drove our economy further into the ditch.
Have you looked at the GDP adjusted for inflation compared to 10 years ago? Have you looked at the stock market lately compared to 10 years ago?

Things are getting worse and worse and people are sick and tired about it. What's so difficult about that?
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Was Wall Street still the Great Satan prior to ten years ago before everything started going bad?
 
Checkmite said:
Was Wall Street still the Great Satan prior to ten years ago before everything started going bad?
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I don't think Wall Street ever was the Great Satan. I think power and greed to be corrupting influences. We need to regulate better and there needs to be laws to prevent people from harming so many people for greed. The complexity of the derivatives made them difficult to access risk. It was a way to make money from worthless assets and then to bet that those assets would fail. IMO it was fraud.
 
Brainster said:
A San Francisco Occutard has a suggestion:

"We need a democracy where the people have the right to print money"
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Sounds mainstream to me. To think that all our democracy has been missing all these years is the Peoples Money Press.
 
JihadJane said:
Have you overcome your terror and actually visited the place? If so, well done.
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My job has brought me down there a couple of times last week. What I saw in the park I would call disgusting. One of the protestors kept yelling, "Jews Run Wall Street!" Yeah, that was pretty disgusting too.
 
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Originally Posted by Alt+F4
Zuccotti Park smells like an open sewer and is occupied by thieves, drug addicts and vagrants. ........................... That people of color, unions, seniors are involved doesn't change the truth.

bikerdruid said:
so, now you say that there are thieves, drug addicts and vagrants, people of color, unions, seniors.
toss in some radical left activists, and you have a fair cross section of new yorkers.
the only ones missing are the suits, bureaucrats and bankers and the abysmally far right whackos..
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bump.
 
RandFan said:
At 4% interest in 20 years the asset would grow to $220,000. Her $20,000 means that with inflation she took a loss. I hope YOU don't have a job that requires math. Jesus Christ, next time do some basic math before you arrogantly lecture someone on math, got it?
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Try telling that to the IRS the next time you have a gain on stock bought several years in the past.

I see someone already said this.
 
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bikerdruid said:
bump.
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What you describe is not a "fair cross section of New Yorkers". I've lived in NYC my entire life and I know no one who would hold a sign saying, "Jews control Wall Street" and I know no one who would use their neighbor's doorway as a toilet.

The OWS protestors remind me more and more of the Tea Party people. Check out this story from The Daily News comparing the OWS signs with the Tea Party signs. Very similiar.

http://www.nydailynews.com/news/nat...occupy_wall_street_vs_tea_party_protests.html
 
Brainster said:
More important in my mind is that her story is hardly a heart-wrencher compared to the millions of people who bought in 2003-2008, who really, really lost money, not even considering inflation.
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That's true. I bought in 2000, then was completely baffled to see resale prices double in this very modest neighborhood. I also feel bad for people saddled with those mortgages. But that doesn't really make the case against banks any less compelling. Questionable loans bundled together helped feed the speculative bubble and the overbuilding wasn't the fault of individuals. Everyone could have been more prudent including Americans who considered their homes their piggy banks, however the financial sector's actions obliterated any chance of a "soft landing."

The left-wing small-c communists are by definition at one end of the spectrum. The other seems to be "every man for himself," period. If people start tilting left because the right wing seems so callous I see that as a natural correction in an extreme environment. It may be why OWS has people sticking up for it. Lyndon Johnson was smart enough to understand a coming groundswell of opinion against the Vietnam War even if most people weren't on the streets protesting and didn't agree with the SDS.
 
eeyore1954 said:
Try telling that to the IRS the next time you have a gain on stock bought several years in the past.

I see someone already said this.
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And by now you ought to know why the point is fatuous. I hope you realize anyway. That the IRS deals with losses caused by inflation in ways that don't help my mother doesn't negate the fact that factoring inflation she in reality had a loss. Are you really going to stand on an IRS technicality to deny reality? Really?
 
Re the local "occupy" event in Vancouver, from today's CBC news:

"About 100 protesters continue to camp on the lawn of the Vancouver Art Gallery just over a week after the protest began."

and:

"On Sunday, dozens of protesters took to the streets, blocking traffic at several downtown Vancouver intersections over the course of a few hours."

(my bold). Seems like it hasn't really captured the attention of the local population.
 
Minoosh said:
That's true. I bought in 2000, then was completely baffled to see resale prices double in this very modest neighborhood. I also feel bad for people saddled with those mortgages. But that doesn't really make the case against banks any less compelling. Questionable loans bundled together helped feed the speculative bubble and the overbuilding wasn't the fault of individuals. Everyone could have been more prudent including Americans who considered their homes their piggy banks, however the financial sector's actions obliterated any chance of a "soft landing."
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Indeed. Nearly 40% of all home sales in the U.S. in 2006 were second or vacation homes.
 
Steve said:
Re the local "occupy" event in Vancouver, from today's CBC news:

"About 100 protesters continue to camp on the lawn of the Vancouver Art Gallery just over a week after the protest began."

and:

"On Sunday, dozens of protesters took to the streets, blocking traffic at several downtown Vancouver intersections over the course of a few hours."

(my bold). Seems like it hasn't really captured the attention of the local population.
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Dozens were all OWS could muster last Friday for their protest againt the NYPD's "stop and frisk" policy.
 
Skeptic Ginger said:
You are so missing the key point in my post. How can you be that blind? It boggles the mind.


Does the OWS have an unfair advantage of billions of dollars and their own broadcast corporation? Do they have a grossly disproportionate access and influence on government and on the other media outlets (except the Net, our potential saving grace during this brief window before the largest corporate powers that be take tighter control)?
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I actually think they did get disproportionate access to the media. What was pretty much a small and unnoticed demostration took hold because of the media attention they received.
 
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