What is your view on the Occupy Wall Street Protests - Off-Topic | futures io social day trading
futures io futures trading


What is your view on the Occupy Wall Street Protests
Updated: Views / Replies:16,742 / 261
Created: by Bermudan Option Attachments:12

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 12  
 
Thread Tools Search this Thread
 

What is your view on the Occupy Wall Street Protests

  #161 (permalink)
Elite Member
East Coast
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: ES, NQ
 
Posts: 125 since Apr 2010
Thanks: 55 given, 81 received

Here's some background on MERS, and why it is an issue in the mortgage mess.

Law Expert: MERS Mess Could Have “a Massive Effect on the Economy” | FDL News Desk

"It’s important to know from the beginning that MERS is a wholly owned subsidiary of big financial institutions. The mortgage bankers wanted to avoid recording fees and reduce their overall expenditures. So they basically devised a method that would free them from those fees, ran an accounting study showing the savings, and just created MERS. There was no public debate or legislative statute to overturn what had been the customary practice for generations. The money backing MERS came from investors, according to Peterson, including some of the biggest banks and mortgage brokers in the country like Bank of America, Citi, and Countrywide, as well as Fannie Mae. You can see all their shareholders right here. It’s just a creation of the banks."

"
While MERS stipulates that the servicers must convey the promissory notes to MERS, it appears they didn’t do that in all or even most cases, and the underlying paperwork could be lost."

----------------------
Also, when the mortgages were bundled in the securitization process, I think the "loss of paperwork" makes them in violation of Trust law, and the tax treatment they receive.

It looks like a mess, and the "robo-signing" used to "fix" it is another story altogether.

Reply With Quote
 
  #162 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
Thanks: 3,860 given, 3,318 received


cedar View Post
Not all OWS protestors live in tents in Zaccotti park, only a tiny minority. Cold weather will be an issue, but not a big one. With $500,000 in the bank and about 100k pouring in every week, a lot of momentum. Good luck to them, about time someone stood up for the 99%.


What? money in the bank? So do you think they have a account at one of the banks they are protesting?

Wonder if they are paying taxes? if not they should be. To my knowledge they are not a non-profit therefore they should be paying taxes. After all they should pay there fair share too!!

500,000 is nice piece of change. Under the obama tax code they are considered rich. In which case they should be taxed more!

Kinda of catch 22... How do you protest the rich without becoming rich yourself? It appears they are well on their way at failing at this too.

Did you hear they are paying bums to protest? 10 bucks a hour! They might even hire you Zondor!


SD

nosce te ipsum

You make your own opportunities in life.
Reply With Quote
 
  #163 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,218 received


Video proof of what happened to Scott Olsen, the man critically injured by police at an Occupy protest:




I'm also attaching the mp4 video to this post.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Attached Files
Footage of Scott Olsen being shot by Police at Occupy Oakland [H.264 1080p].mp4 (97.51 MB, 4 views)

Last edited by Big Mike; October 28th, 2011 at 01:52 AM.
Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #164 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received

Hands off the Job Creators


Quoting 
From yesterday in New York, which people keep trying to tell me is full of Marxists and Communists, with the entire protest run by George Soros and kicks out anyone who actually makes sense.


But The News Said They're All Marxists? in [Market-Ticker]



Quoting 
Rachel Maddow Makes Sense?!


I must be seeing and hearing things - both at once. I've never watched this show as my first reaction when someone has it on is to immediately be compelled to stimulate the economy (to replace my smashed television set.)

But this is a watershed moment.

Really.


Rachel Maddow Makes Sense?! in [Market-Ticker]

Reply With Quote
 
  #165 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
Thanks: 3,860 given, 3,318 received


Big Mike View Post
Video proof of what happened to Scott Olsen, the man critically injured by police at an Occupy protest:




I'm also attaching the mp4 video to this post.

Mike




Great video Mike. Lets look this guys mistakes:
  • The guy was standing between the barricades, a place where he not supposed to be! These barricades are there for a reason!
  • He was standing 5 feet from people with guns! As the video pointed out, when you stand too close to guns you tend to get shot!
  • After the first shot was fired, he did not duck. Interesting that a veteran of a war did not duck when shots were fired.
This video should sent out to all other protestors on “what not to do at a protest”. I wonder if this guy was even a vet. He didn’t even duck when the first shot was fired. Probably a homeless guy dressed up as a vet. Either that or he was higher than the profits of the banks they are protesting.

I have to laugh. You guys are trying to make a hero out of idiot.


SD

nosce te ipsum

You make your own opportunities in life.

Last edited by Silver Dragon; October 28th, 2011 at 10:09 AM.
Reply With Quote
 
  #166 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received


Quoting 
Great video Mike. Lets look this guys mistakes:
The guy was standing between the barricades, a place where he not supposed to be! These barricades are there for a reason!
He was standing 5 feet from people with guns! As the video pointed out, when you stand too close to guns you tend to get shot!
After the first shot was fired, he did not duck. Interesting that a veteran of a war did not duck when shots were fired.
This video should sent out to all other protestors on “what not to do at a protest”. I wonder if this guy was even a vet. He didn’t even duck when the first shot was fired. Probably a homeless guy dressed up as a vet. Either that or he was higher than the profits of the banks they are protesting.

I have to laugh. You guys are trying to make a hero out of idiot.


I have to cry that an adult human being can think like this. Very sad. Or maybe deliberate provocation.

When the City of Oakland is sued, we'll see if this proves to be a durable defense argument.



Quoting 
The cops have been trying to suppress dissemination of video evidence of their unlawful behavior as well. So far Google (which owns Youtube) is refusing at least some of the removal requests, although the most-recent report pre-dates these protests. Now why would the authorities want video documentation of their lawless behavior removed from view, eh? "Freedom of the Press", right? Uh huh... just like all the "mainstream media" reports of the protesters all being hippies and Communists are true.... right?
.... (Karl Denninger)


Right, they are doing that to protect the privacy of the demonstrators so that people don't see that the demonstrators are idiots

http://market-ticker.org/akcs-www?post=196695


Last edited by Zondor; October 28th, 2011 at 09:30 AM.
Reply With Quote
 
  #167 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
Thanks: 3,860 given, 3,318 received


Zondor View Post
I have to cry that an adult human being can think like this.

When the City of Oakland is sued, we'll see if this proves to be a durable defense argument.

Attached is your box of tissue.

if they do sue it proves they can not take responsibility for their own actions.

SD

nosce te ipsum

You make your own opportunities in life.
Attached Thumbnails
What is your view on the Occupy Wall Street Protests-tissue.png  
Reply With Quote
 
  #168 (permalink)
Elite Member
East Coast
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: ES, NQ
 
Posts: 125 since Apr 2010
Thanks: 55 given, 81 received

I think the OWS may only be about Wall St peripherally. It may be more about equal justice (of lack of it) under the law. The way the polticians/courts treat robo-signing will be telling. It doesn't matter if you believe those being foreclosed on are all deadbeats - perjuring the court system is not the approach to take.

The protests look more to be about the tendency that people/companies who have lots of money having more influence to turn government in their direction, and visa versa in a feedback loop.

I would agree that protestors might be better served protesting in D.C., but advocates for that never mention that they would not be going there to demand government keep it's hands off Wall St. Maybe the Tea Party would, but not OWS people. So advocating they march on D.C. to change D.C.'s approach would likely bring more regulation, not less.

Also, as far as location, there are enough people who move back and forth between business to lobbying firms to DC anyway.

Reply With Quote
 
  #169 (permalink)
Elite Member
Portland Oregon, United States
 
Futures Experience: Beginner
Platform: Ninjatrader®
Broker/Data: CQG, Kinetick
Favorite Futures: Gameplay Klownbine® Trading of Globex
 
Zondor's Avatar
 
Posts: 1,327 since Jul 2009
Thanks: 1,246 given, 2,635 received

Professor William Black visits Occupy Wall Street

The former top bank regulator/investigator/prosecutor who put thousands of banksters in jail after the S and L fiasco....

Bill Black @ #occupywallstreet on Arresting Banksters - YouTube

Since rampant runway FRAUD caused the mess we are in, the Hands Off Wall Street approach may not be the best, since it is guaranteed to lead to a repetition of the same behavior. That is, if we even ever get the chance to have a "next time".


Last edited by Zondor; October 28th, 2011 at 01:15 PM.
Reply With Quote
The following user says Thank You to Zondor for this post:
 
  #170 (permalink)
Elite Member
North Port, Florida
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: 6E ES
 
Tiberius's Avatar
 
Posts: 1,539 since Feb 2010
Thanks: 2,902 given, 3,330 received

FB


This is what I posted on facebook under the Scott Olsen vid from BigMike, I downloaded to FB.

"Go OWS, (Tiberius) is behind you all the way. Down with the fascist police. But OWS you are looking the wrong way; it is the Obama Fannie Mae Adminstration that is in place to cover up the crimes of the Clinton Dream Team: Rubin, Greenspan & Summers; and the "3 who took down Wall Street": Raines, Howard & Johnson. WAKE UP OWS."

And I posted this as a reply to another story post.

"I am a liberal. A libertarian, the original liberal who wants liberty and prosperity for all. You must be talking about the progressive liberal that infests the Democratic party, who wants the opposite. Don't even get me started with the progressive conservative Republican party, who hand in hand with their DC counterpart has destroyed Amerika."

Remember this IMHO. That's all, not earth shaking. I share futures.io (formerly BMT) stuff on FB too. Just click "like".


Last edited by Tiberius; October 28th, 2011 at 02:57 PM.
Reply With Quote

Reply



futures io > > > What is your view on the Occupy Wall Street Protests

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Wall Street Warriors Big Mike Traders Hideout 14 January 3rd, 2013 01:39 AM
Wall Street Bonuses Big Mike Off-Topic 2 October 26th, 2011 11:43 PM
Quants: The Alchemists of Wall Street jhol3990 News and Current Events 6 October 13th, 2011 09:43 PM
Occupy Wall Street Spreads Message Thorugh Social Media Quick Summary News and Current Events 0 October 8th, 2011 04:50 PM
It's Earnings Growth, but Not as Wall Street Has Known It Quick Summary News and Current Events 0 April 24th, 2011 06:40 PM


All times are GMT -4. The time now is 04:37 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.15 seconds with 20 queries on phoenix via your IP 54.82.112.193