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What is your view on the Occupy Wall Street Protests
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What is your view on the Occupy Wall Street Protests

  #41 (permalink)
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Government needs to get out of the way!!!

Don't let Obama get re elected!!! I say if anyone bitched about the Bush's spending how can they not have an issue with the current President!!!

Repeal the healthcare...

Flat 10% consumption tax ON EVERYTHING!!!!

Everyone needs to sacrifice at this point EVERYONE!!!!

"Yeah, well, you know, that's your opinion, man..."
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  #42 (permalink)
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Liberté, Égalité, Fraternité, ou la Mort (or a welfare state will suffice...)


liquidcci View Post
It is a welfare mentality which is amazing since most of them have smartphones, drive cars, macbook pros and ipads.

Welfare, or just straight communism:

Proposed List Of Demands For Occupy Wall St Movement! | OccupyWallSt.org Forum

It seems that people forget the USA is a democracy in a republic (or, at least it was deisgned that way). Leave out that republic part, and you get lovely bloodbaths like the French revolution.

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  #43 (permalink)
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serac View Post
Welfare, or just straight communism:

Proposed List Of Demands For Occupy Wall St Movement! | OccupyWallSt.org Forum

It seems that people forget the USA is a democracy in a republic (or, at least it was deisgned that way). Leave out that republic part, and you get lovely bloodbaths like the French revolution.

No kidding

"Demand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! "

How about not borrowing money you cant pay back and stop buying stuff you can't afford on credit cards. Amazing these people don't want banker accountability they want a free ride on life. They want to use the system on other peoples dollar. The Entitlement generation is rising.

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  #44 (permalink)
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This says it all

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"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #45 (permalink)
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liquidcci View Post
bluemele I hear you on that but most of these protest want more government. It is not just about not giving GS access to government. It is about taking money of rich and distributing to what they perceive as an inequality. They want the government to to punish the successful and give it to them. Has nothing to do with earning it or coming up with their own great idea. It is a welfare mentality which is amazing since most of them have smartphones, drive cars, macbook pros and ipads.

I don't know anything about these particular protesters, but it's certainly not true that everyone who is critical of current practices on wall street and corporate America has a 'welfare mentality' and wants handouts, and I doubt that it's true of all of the wall street protesters seeither.

This sort of argument always seems to take as its premise the notion that the rich become rich entirely through their own merit, having emerged from a state of nature with a 'great idea' or some such, and having received no benefit whatsoever from the existent social structure. But they are of course primary beneficiaries of living in the context of a well-regulated, ordered and peaceful society. We have opportunities to conceive, develop and implement ideas because the government creates the appropriate conditions.

Taxes aren't a 'punishment', they're an opportunity to contribute to the cost of maintaining and improving the society in which we live. It seems reasonable to ask the very rich to pay a substantial amount in order to continue that process, instead of abandoning it in order to retreat into private security compounds and 'green zones'.

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  #46 (permalink)
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futuretrader View Post
........ and having received no benefit whatsoever from the existent social structure. But they are of course primary beneficiaries of living in the context of a well-regulated, ordered and peaceful society. We have opportunities to conceive, develop and implement ideas because the government creates the appropriate conditions.

I gotta mention this part above. 'The System' doesn't make people who they are. If it were 'the system,' everyone would be prosperous, but that is not the case. Before society ever was what it is, there have ALWAYS been people who find more prosperity than others, and it will ALWAYS be that way.

The people who do better than others, pay into and contribute to 'the system' just like everyone else that benefited from it, they don't owe it anymore than anyone else does.

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  #47 (permalink)
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forrestang View Post
The people who do better than others, pay into and contribute to 'the system' just like everyone else that benefited from it, they don't owe it anymore than anyone else does.

True. One could make the argument stronger, too. One could argue that they should morally pay less. The rich (most likely) spend more, and hence, will be taxed more. Secondly, and most importantly, the rich employ the not-rich. Creating wealth takes work. And most rich create their own weath (and not inherit it). The rich are prolific producers of "shovel ready" jobs, not bureaucrats. Letting the rich do their thing without undo hinderance is positive feedback - everyone, the rich, poor, and the government get more money. Of course, there are extremes and exceptions.

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  #48 (permalink)
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My 'view' doesn't matter, and neither does yours.

Calling all banksters and knee-jerk right wing fuddy duddies: Time to trade in the golf shoes for combat boots, and the golf clubs for shotguns? Better start shedding the baby fat, looking up defense attorneys, and getting ready for tough times!



Quoting 
Asher Edelman, the well-known corporate raider, told CNBC Tuesday that he supported Occupy Wall Street, saying “the greed of the banks are the cause for the terrible economic situation that we have today.”


Asher Edelman speaks at Occupy Wall Street

Edelman was a corporate raider in the late 1980s, known for going after big American companies like Burlington Industries, Lucky Stores and the Fruehauf Corporation.

He also helped inspire the character Gordon Gekko in Oliver Stone’s 1987 film “Wall Street.”

Edelman, who appeared at Zuccotti Park, the site of the protests in lower Manhattan, said he is trying to help the protestors get direction so it “doesn’t remain amorphous as it has been.”

“We are all rooting for them and hoping they get (President) Obama and some other people moving in the right direction for a change,” he added.

“The banking system has become a system, which is one large hedge fund supported by the free money of the depositors and by the taxpayers whenever it loses," Edelman said. "That was not the banking system of the 1980s."

News Headlines



Quoting 
This time support is coming from surprising places. Like former corporate activist (and buyer of companies!) Asher Edelman.

Here's the problem for the "powers that be" who have been trying to ignore this movement: They erroneously believed, as did many others (myself included), that this would be like the Tea Party (which was de-fanged and turned into a fraudulent shell of what it began as) or the other "movements" such as the "protests" at G-20 meetings. That is, people would show up, they'd wave signs, a few would commit random acts of violence and guarantee severe negative billing on the local TV and then they'd all go home and wash the tear gas out of their eyes.

But something different happened this time.

The people came. They didn't throw molotov cocktails, sticks and bombs. They did wave signs, but then they didn't go home. They did what I said would have to be done - in 2008 - in order to make a difference: THEY STAYED.

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Note that Karl Denninger was one of the original promoters of the Tea Party movement, which he subsequently renounced after it became a Koch Brothers/Fox News propaganda vehicle, with the original focus on financial sector reform replaced by traditional murdochist theocratic corporate puritanism.

Stop the looting and start prosecuting is sounding better and better. The Swindler-In-Chief included.


Last edited by Zondor; October 12th, 2011 at 01:06 PM.
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  #49 (permalink)
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Let me say it again.

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"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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