Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

MadMarketScientist

Occupy Wall Street Is Getting Ugly

Recommended Posts

"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:

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
  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

Share this post


Link to post
Share on other sites

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 ....

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites
  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 ;)

Share this post


Link to post
Share on other sites
  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!

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites
  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)

Share this post


Link to post
Share on other sites
  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?

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites
  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.

Share this post


Link to post
Share on other sites
  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

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • DELL Dell Technologies stock, good day moving higher off the 90.99 double support area, from Stocks to Watch at https://stockconsultant.com/?DELL
    • MCK Mckesson stock, nice trend and continuation breakout at https://stockconsultant.com/?MCK
    • lmfx just officially launched their own LMGX token, Im planning to grab a couple of hundred and maybe have the option to stake them. 
    • Date: 2nd April 2025.   Market on Edge: Tariff Announcement and Volatility Ahead!   The US economic and employment data continues to deteriorate with the job vacancies figures dropping to a 5-month low. In addition to this, the IMS Manufacturing PMI also fell below expectations. However, both the US Dollar and Gold declined simultaneously following the release of the two figures, an uncommon occurrence in the market. Traders expect a key factor to be today’s ‘liberation day’ where the US will impose tariffs on imports. USDJPY - Traders Await Tariff Confirmation! Traders looking to determine how the USDJPY will look today will find it difficult to determine until the US confirms its tariff plan. Today is the day when Trump previously stated he would finalize and announce his tariff plan. The administration has not yet released the policy, but investors expect it to be the most expansionary in a century. President Trump is due to speak at 20:00 GMT. On HFM's Calendar the speech is stated as "US Liberation Day Tariff Announcement". Currently, analysts are expecting Trump’s Tariff Plan to impose tariffs on the EU, chips and pharmaceuticals later today as well as reciprocal tariffs. Economists have a good idea of how these tariffs may take effect, but reciprocal tariffs are still unspecified. In addition to this, 25% tariffs on the car industry will start tomorrow. The tariffs on the foreign cars industry are a factor which will particularly impact Japan. Although, traders should note that this is what is expected and is not yet finalised. Last week, President Trump stated that he would implement retaliatory tariffs but allow exemptions for certain US trade partners. Treasury Secretary Mr Bessent and National Economic Council Director Mr Hassett suggested that the restrictions would primarily target 15 countries responsible for the bulk of the US trade deficit. However, yesterday, Trump contradicted these statements, asserting that additional duties would be imposed on any country that has implemented similar measures against US products. The day’s volatility will depend on which route the US administration takes. The harshness of the policy will influence both the Japanese Yen as well as the US Dollar.   USDJPY 5-Minute Chart   US Economic and Employment Data The JOLT Job Vacancies figure fell below expectations and is lower than the previous month’s figure. The JOLT Job Vacancies read 7.57 million whereas the average of the past 6 months is 7.78 million. The ISM Manufacturing Index also fell below the key level of 50.00 and was 5 points lower than what analysts were expecting. The data is negative for the US Dollar, particularly as the latest release applies more pressure on the Federal Reserve to cut interest rates. However, this is unlikely to happen if the trade policy ignites higher and stickier inflation. In the Bank of Japan’s Governor's latest speech, Mr Ueda said that the tariffs are likely to trigger higher inflation. USDJPY Technical Analysis Currently, the Japanese Yen Index is the worst performing of the day while the US Dollar Index is more or less unchanged. However, this is something traders will continue to monitor as the EU session starts. In the 2-hour timeframe, the USDJPY is trading at the neutral level below the 75-bar EMA and 100-bar SMA. The RSI and MACD is also at the neutral level meaning traders should be open to price movements in either direction. On the smaller timeframes, such as the 5-minute timeframe, there is a slight bias towards a bullish outcome. However, this is only likely if the latest bearish swing does not drop below the 200-Bar SMA.     The key resistant level can be seen at 150.262 and the support level at 149.115. Breakout levels are at 149.988 and 149.674. Key Takeaway Points: Job vacancies hit a five-month low, and the ISM Manufacturing PMI missed expectations, adding pressure on the Federal Reserve regarding interest rate decisions. Traders await confirmation on Trump’s tariff policy, which is expected to impact the EU, chips, pharmaceuticals, and foreign car industries. The severity of the tariffs will influence both the JPY and the USD, with traders waiting for final policy details. The Japanese Yen Index is the worst index of the day while the US Dollar Index is unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • HLF Herbalife stock, watch for a bull flag breakout above 9.02 at https://stockconsultant.com/?HLF
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.