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

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
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
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
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
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
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
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
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
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
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
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
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

 

 

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

    • Depressions aren't real either... ??
    • Dear B4 #42, I heard you can't get out of bed and decided you were going celibate and shaved your head and “reconsidered” having children.  If it took Trump getting elected to get you to stop fkn every Dum, Harry, and Dick you meet, we’ll take it.  thx Sincerely just sayin’ zdo PS To all the other girls I loved B4 - https://www.youtube.com/watch?v=rVq0ONrSH-Q 😚
    • MDB MongoDB stock watch for a range breakout at https://stockconsultant.com/?MDB
    • Date: 12th November 2024. Market Buzz: Trump Trade Impact! “Trump trade” has boosted the US Dollar and US stocks, but Trump’s policies may have less favorable effects on global assets. Trump’s plan to raise tariffs is expected to negatively impact economies worldwide, especially exporters like China. Asia & European Sessions:   Bitcoin Surge! Bitcoin broke $90K, driven by Trump trade once again. Bitcoin is up roughly 110% in 2024, helped by robust demand for dedicated US ETFs, interest rate cuts by the Federal Reserve and Trump’s cryptofriendly agenda. Crypto market capitalization has exceeded its pandemic-era peak, reaching $3.1 trillion. Traders are betting on Bitcoin reaching $100,000 by year-end, according to data from the Deribit exchange. Open interest — or outstanding contracts — for CME Group Inc. futures for Bitcoin and second-ranked Ether (ETHUSD) scaled records on Monday, a sign of growing engagement by US institutional investors. Asian shares dropped, alongside European and US equity futures, as traders evaluated the implications of President-elect Donald Trump’s policy agenda and potential cabinet choices. The MSCI Asia Pacific Index fell for a third consecutive day, driven by rising Treasury yields amid concerns that Trump’s proposed tax cuts could increase inflation. There are also reports that Trump is considering two individuals for prominent roles in his administration with track records of criticizing China. DAX and FTSE100 are down -1.1% and -0.5% respectively, after a pickup in German HICP inflation and higher than expected UK wage growth dampened easing expectations. Investors await the US CPI report for insights into the Fed’s easing path, as Trump’s inflationary policies may lead to fewer rate cuts. Financial Markets Performance:   The USDIndex continues to rise and is currently at 105.75. It hit a 1-year high. EURUSD drifts to 1.0620 and GBPUSD is in a sell off, currently at 1.2800. Oil prices fell after their biggest 2-week decline, amid a weak demand outlook from China, a stronger US Dollar, and concerns over a potential oversupply. Crude oil has traded within a narrow range since mid-last month, influenced by Middle East tensions, the US election, and OPEC+ output decisions. Gold remains under pressure and is currently at just $2604.36 per ounce. It hit a one-month low, down 5% since Trump’s election victory, as a strong dollar and US equity rotation pressured the metal. Gold’s decline was also technical, breaking below the 50-day moving average, causing funds to cover long positions. Despite recent drops, gold remains up 25% for the year, supported by central bank purchases and geopolitical risks. 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. Andria Pichidi 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 FX and CFDs 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.
×
×
  • Create New...

Important Information

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