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MadMarketScientist

Occupy Wall Street Is Getting Ugly

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"The best way to control the opposition is to lead it ourselves." - Vladimir Lenin

 

“Alex Jone’s” checklist

 

> Organize the organized – chk

> Organize the unorganized … :cheers:

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BY EMILY MALTBY AND ANGUS LOTEN

 

More than half of $4 billion in federal funds disbursed this year to spur small-business lending by community banks was used to repay bailout funds that the banks received under the government's Troubled Asset Relief Program.

 

The Small Business Lending Fund was meant to raise capital at smaller banks, which tend to lend more heavily to small businesses, in the hopes of jump-starting growth and employment. But instead of directly lending to small businesses, many of the banks used the money to rid themselves of higher-cost TARP debt and tougher restrictions.

 

"It was basically a bailout for 100-plus banks," said ...

 

Basically they used the money to free themselves so that they could pay themselves bonuses again.

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  MightyMouse said:

More than half of $4 billion in federal funds disbursed this year to spur small-business lending by community banks was used to repay bailout funds that the banks received under the government's Troubled Asset Relief Program.

 

Basically they used the money to free themselves so that they could pay themselves bonuses again.

 

This kind of behavior infuriates me .. I am praying these demonstrations cause REAL change. I will be going to NYC on business in two weeks and will join for a day.

 

MMS

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Guys, Occupy Wall Street started a few weeks ago, then today U.S. Payrolls Rise 103,000 in September, Jobless Rate at 9.1% came out today.

 

IS IT ME OR IS THERE SOMETHING FISHY GOING ON??

 

Are the numbers fudged to pacify what's going on at present?

 

Mind boggling ....

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  pa18 said:
Guys, Occupy Wall Street started a few weeks ago, then today U.S. Payrolls Rise 103,000 in September, Jobless Rate at 9.1% came out today.

 

IS IT ME OR IS THERE SOMETHING FISHY GOING ON??

 

Are the numbers fudged to pacify what's going on at present?

 

Mind boggling ....

 

It is you. the numbers are not fudged. But it may be a good idea to shield your bedroom with tinfoil just in case.

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  MightyMouse said:
It is you. the numbers are not fudged. But it may be a good idea to shield your bedroom with tinfoil just in case.

 

lol, yes it must be just me then ;)

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  Tams said:
I used tin foil on everything.... just in case.

 

especially bbq corn on the cob --- add a knob of butter and my secret chicken stock and a pinch of sugar ... yum

 

lol just playing around and bored :) ... enough!

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  MadMarketScientist said:
This kind of behavior infuriates me .. I am praying these demonstrations cause REAL change. I will be going to NYC on business in two weeks and will join for a day.

 

MMS

 

MMS, it will be interesting to hear your report to find out if you still believe this movement will result in real benefit after seeing it up close. I am not so optimistic.

 

Someone got up in front of a crowd at Occupy LA, the west coast's version of Occupy Wall Street, and asked the question to the crowd: "Capitalism, thumbs up or thumbs down?" Most in the crowd responded with thumbs down. They seemed to be comprised of mostly anti-capitalists, pro-big government advocates, and various no-nothing ignoramuses.

 

I certainly do not believe that the banks and Wall Street are angels, and targeted reasonable regulation is necessary, but I would be a little more inclined to look favorably on the protestors if they moved their operation 230 miles down the road to Washington, D.C. where the real genesis of the bubble and subsequent burst occurred.

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  todds said:
MMS, it will be interesting to hear your report to find out if you still believe this movement will result in real benefit after seeing it up close. I am not so optimistic.

 

Someone got up in front of a crowd at Occupy LA, the west coast's version of Occupy Wall Street, and asked the question to the crowd: "Capitalism, thumbs up or thumbs down?" Most in the crowd responded with thumbs down. They seemed to be comprised of mostly anti-capitalists, pro-big government advocates, and various no-nothing ignoramuses.

 

I certainly do not believe that the banks and Wall Street are angels, and targeted reasonable regulation is necessary, but I would be a little more inclined to look favorably on the protestors if they moved their operation 230 miles down the road to Washington, D.C. where the real genesis of the bubble and subsequent burst occurred.

 

I do not like that the unions have gotten involved. With unions it is going to take the direction of getting lost in a right and left battle. More control, regulation, etc, by the government isn't my idea of improvement for anyone.

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If these morons get thier way, we are all doomed.

 

Capitalism *IS* the economy. Take it down, and you take down the entire economy. Then no one has a job, or means to support themselves and we all starve.

 

It does not take much brain power to understand that reality...yet some how, they don't.

 

The funny part, is most of the Brokers that reside in the buildings they are protesting have apprenticeship programs. If they take some time off of protesting, clean up and make an effort, they too can be the 1%. How Ironic is that?

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  SpearPointTrader said:
If these morons get thier way, we are all doomed.

 

Capitalism *IS* the economy. Take it down, and you take down the entire economy. Then no one has a job, or means to support themselves and we all starve.

 

It does not take much brain power to understand that reality...yet some how, they don't.

 

The funny part, is most of the Brokers that reside in the buildings they are protesting have apprenticeship programs. If they take some time off of protesting, clean up and make an effort, they too can be the 1%. How Ironic is that?

 

US capitalism isn't "capitalism". Our system is more akin to corporatism which is a shade of fascism which is socialism for the wealthy.

 

The conservative media tends to focus on the 50% who reap more benefits from the federal govt than they pay. It is also fair to focus on the percentage of those at the higher income levels who use the USA and its congress to make money and they pay only a small fraction of their income in taxes. You could easily argue that the rich reap more than the poor from US policy and should pay more.

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Yes, unless one think about it the "big money" is politically actually socialists. Paves the way for discriminating monopoly and keeps away new competition. One can see it in Europe also where government is making it more difficult to impossible for new businesses. It has made me even more anti Socialist. And yes, centralizing shit makes it even easier to control the whole lot.

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  MightyMouse said:
US capitalism isn't "capitalism". Our system is more akin to corporatism which is a shade of fascism which is socialism for the wealthy.

 

The conservative media tends to focus on the 50% who reap more benefits from the federal govt than they pay. It is also fair to focus on the percentage of those at the higher income levels who use the USA and its congress to make money and they pay only a small fraction of their income in taxes. You could easily argue that the rich reap more than the poor from US policy and should pay more.

 

Actually, you are correct. However, the protesters desire to destroy what we have, and usher in some sort of New, modern evolved system that looks remarkably like Soviet Communism is still going to destroy what we have.

 

To genuinely improve things, we need to restore real capitalism, and restore the Constitution.

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  SpearPointTrader said:
Actually, you are correct. However, the protesters desire to destroy what we have, and usher in some sort of New, modern evolved system that looks remarkably like Soviet Communism is still going to destroy what we have.

 

To genuinely improve things, we need to restore real capitalism, and restore the Constitution.

 

Totally agree. The thought is good, but sorry enough they do not know the history behind it. They see Socialism or Communism as some kind of utopia, but if they knew they would have known that western corporations owned the big factories in the Soviet and western taxpayers money was used to keep it alive (Professor A*n*t*h*o*n*y S*u*t*t*o*n - T*h*e B*e*s*t E*n*e*m*y M*o*n*e*y C*a*n B*u*y)

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  todds said:
I would be a little more inclined to look favorably on the protestors if they moved their operation 230 miles down the road to Washington, D.C. where the real genesis of the bubble and subsequent burst occurred.

 

I've always seen a huge downside to protesting. The protests can get people's attention, and create a movement, but it should be possible to get people's attention and create a movement without the protest. It should be possible, . . . . maybe it isn't?

 

So what's the answer? How does the general population get the government motivated to make good changes?

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  Tradewinds said:
I've always seen a huge downside to protesting. The protests can get people's attention, and create a movement, but it should be possible to get people's attention and create a movement without the protest. It should be possible, . . . . maybe it isn't?

 

So what's the answer? How does the general population get the government motivated to make good changes?

 

It worked here. MMS made some quick changes regarding vendor status almost as fast as the thread regarding vendors appeared.

 

Maybe we should all complain about not having a GGW feed.

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I think it's important to consider what motivates people. People are motivated by the ability to make their lives better. Unless progress is being made, then people give up hope and become unmotivated. In the U.S. and other open society's, people are motivated by the freedom to pursue their personal goals. And people are motivated by the potential to make profit. If a government limits the citizens ability to pursue their personal goals, and makes it very difficult to make a profit, then motivation declines. As motivation declines, productivity, innovation and profitability plummet.

 

But ironically, even though the U.S. is a free and open society, and people are free to pursue profit, the economy is in decline. Some is wrong here. There must be some other factors involved. So what is missing? What does an economy need to work well?

 

  • Educated people - Check, we have that.
  • A good enough infrastructure - Check, we have that.
  • Natural Resources - Check, we have that.
  • People willing to take risk, hoping for a reward, - There will always be people for that.
  • People willing to work to get a paycheck - Yes, we have that.

 

Just like in a sports game, all the teams need to play by the same rules, and there needs to be officials penalizing people for breaking the rules. This is where the problem comes in. The game is profit, but each nation is playing by it's own rules. It's like playing a baseball game with other team, and you only have 3 strikes at bat, but they get 10 strikes before being called out. It's a lot more difficult to win the game playing by those rules. So how do the rules get manipulated? Currency exchange rates, that's how.

 

But the protestors may not know or care about the economics involved in the problem with the declining middle class, or how personal behavior and motivation is tied to a particular governmental system.

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  Tradewinds said:
I've always seen a huge downside to protesting. The protests can get people's attention, and create a movement, but it should be possible to get people's attention and create a movement without the protest. It should be possible, . . . . maybe it isn't?

 

So what's the answer? How does the general population get the government motivated to make good changes?

 

I have no problem with peaceful protest and many times it can be quite effective. Whatever one thinks about the Tea Party protests their effects were profound in the last election. But, there are protests for good causes and protests for not so good causes, so one has to look at what the protestors are protesting about and what they want. Funny enough, the Tea Party protests and the Wall Street Protests are kindred spirits in a way. Both know that something has gone seriously wrong with the system. However, they seem to have completely opposite remedies. The Tea Party essentially said government is too big and has too much influence, reduce it. Occupy Wall Street, though having no coherent message, seems to be made up of people who would expand the size and scope of government. So, depending on one's beliefs, one protest is for a good cause and one protest is for a not so good cause.

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  Tradewinds said:
I've always seen a huge downside to protesting. The protests can get people's attention, and create a movement, but it should be possible to get people's attention and create a movement without the protest. It should be possible, . . . . maybe it isn't?

 

So what's the answer? How does the general population get the government motivated to make good changes?

 

“a good place to start may be to demand more personal freedom while curbing the rights of multinational corporations and the government itself.”

 

Obama and Congress ARE Wall Street, Geithner IS the Federal Reserve - Now What? - BlackListedNews.com

 

Protest is conflict manipulation not resolution. Resolution requires a creative act (whether preceded by a destructive act or not)… so a good place to start may be to demand and create more personal freedom while curbing the rights of multinational corporations and the government itself… the previous constitution left too many backdoors available to those who would encroach on individual sovereignty... and individual sovereignty is key to humanity’s maturation out of ‘childhood’

 

re "How does the general population get the government motivated to make good changes?" ...several of the founders realized once statism encroached too far, a host of individuals would have to tear the existing gov’t down and create a new one.

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  Brookwood said:

 

 

Follow-up: NYPD- Praetorian Guard

NYPD Cops are literally on the Wall St. payroll.

 

"The taxpayer has paid for the training of the rent-a-cop, his uniform and gun, and will pick up the legal tab for lawsuits stemming from the police personnel following illegal instructions from its corporate master. Lawsuits have already sprung up from the program."

 

Financial Giants Put New York City Cops On Their Payroll » Counterpunch: Tells the Facts, Names the Names

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