Occupy Wall Street

[Hebrew Hammer]

The system has challenges, but it allows everyone of us to live a life of opportunity, luxury, and freedom unlike anything in history and unlike almost anywhere in the globe today. That's why ambitious people everywhere want to immigrate to America.

The government bailed out some of the banks to prevent the whole system from collapsing. The government let some banks, like Lehman, collapse. And they let many others get swallowed up. The failures and the acquisitions are continuing and it will be a few years before it all shakes out. I'm sure bad decisions were made, but it will be 50 years before we get a good understanding of it. And it was done in day-to-day emergencies, not some sort of planned conspiracy.

People moan that the bailed-out banks are making money now. That was the point. The idea was to save them so that they could return to solvency and profitability.

There are credible policy choices to make about banking and finance, but talk about abolishing the federal reserve is complete lunacy. And if you don't own the stock, why should anyone care what some head of a big bank makes?

Because it affects the cost of everything. Because my grandchildren are saddled with bailout costs for his bad and/or evil decisions while he gets richer and they have a darker future.

The bank president's salary doesn't affect the cost of anything. Supply and demand do. There are probably 25 massive banks competing every day for massive-bank work around the world. They do not change the prices they bid at because of the salaries their presidents make.

Your grandchildren are saddled with costs from bad decisions made by lots of people. But any system will face periodic collapses. Very few saw it coming. Those that did made a fortune going short. Thus before it hit it was far from obvious. We should be focused on fixing as best as we can rather than Know-Nothing anger.

[The Venerable Bogatir X]

ez,

labels, like hippy, may provide a useful way to summarize a group, but i doubt the occupation folks truly qualify as hippies, at least not in the tradition of the real tie-die, nixon-hating dopers, long hairs, and back-to-the-landers who set the standard. the hippies i know are too busy working to join the occupation.

There we all go speculating again!

I'll play too!

I agree with dmw. Back in the day, I've worked enough Greatful Dead concerts to know that hippies 'need a miracle!'.....HipsterdouchebagOWS'ers, hit-up their dads for cash to make payments on their Capital One credit cards so they can keep their iPhones working and to buy American Spirit cigarettes, which can be used like pelts to barter for food, PBR, weed or hand-jobs.

I further agree that anyone, be they employed hippies or successful self-employed black guys from Finland are all too busy working and being productive to protest. If you're working and have responsibilities, the occupation, assuming you believe in it, is just not important or sensible enough to take time off to participate in. It is a farse.

[Sangoma]

The system has challenges, but it allows everyone of us to live a life of opportunity, luxury, and freedom unlike anything in history and unlike almost anywhere in the globe today. That's why ambitious people everywhere want to immigrate to America.

I used to think the Soviets were the masters of propaganda.

[PC Polar Circle Person]

Most of us seem to agree that the system is fucked up ('cept of course the greedy Jew ;). If not supporting the goddamned hippies and their protest, what should we do about it?

[The Venerable Bogatir X]

[quote="Ice Nigger"]Most of us seem to agree that the system is fucked up ('cept of course the greedy Jew ;). If not supporting the goddamned hippies and their protest, what should we do about it?[/quote

Stig,

From what I can tell, the OWS'ers want handouts bankrolled by your tax dollars. Less people should be on welfare, not more.

[WildGorillaMan]

Make more than $34K? You're the 1%

http://news.yahoo.com/attention-protest ... 06044.html

As author Matt Ridley put it, "Today, of Americans officially designated as 'poor,' 99 percent have electricity, running water, flush toilets, and a refrigerator; 95 percent have a television, 88 percent a telephone, 71 percent a car and 70 percent air conditioning. Cornelius Vanderbilt had none of these." Nor does much of the world.

[nafod]

And if you don't own the stock, why should anyone care what some head of a big bank makes?

Here's one reason. Because these banks are too big to fail, we (us taxpayers) are assuming the risk of his decisions.

[Turdacious]

Interesting- heard through an indirect police grapevine that Occupy Oakland protesters were throwing softball sized chunks of concrete and glass bottles at the cops before they stormed in and started cracking heads.

[Hebrew Hammer]

The system has challenges, but it allows everyone of us to live a life of opportunity, luxury, and freedom unlike anything in history and unlike almost anywhere in the globe today. That's why ambitious people everywhere want to immigrate to America.

I used to think the Soviets were the masters of propaganda.

I make factual statements, and you do the mocking stupid thing. Very persuasive.

[Hebrew Hammer]

And if you don't own the stock, why should anyone care what some head of a big bank makes?

Here's one reason. Because these banks are too big to fail, we (us taxpayers) are assuming the risk of his decisions.

But that's true whether the president makes $1 or $100 million. That has nothing to do with the too-big-to-fail problem. It's the kind of thing that sheeple focus on rather than the real issue.

[Hebrew Hammer]

Most of us seem to agree that the system is fucked up ('cept of course the greedy Jew ;). If not supporting the goddamned hippies and their protest, what should we do about it?

IN, nice to see your mild Jew-hate come out in the discussion. I don't know if you're stupid, inarticulate, or don't have the time to state something sensible, but your comments are about as intelligent as the OWSers we see in the videos on this thread.

I will comment on the Jew thing. The danger with the OWSers is, at heart, they want to take down a system based on liberty and checks and balances. It is the way many fascist, communist, authoritarian groups start, and it inevitable leads to tyranny. As a Jew, I am very sensitive to that. Tyrants inevitably turn on us, often aided by soft Jew-haters like you.

[Pinky]

Atta boy, Hebrew Hammer!

[DrDonkeyLove]

The system has challenges, but it allows everyone of us to live a life of opportunity, luxury, and freedom unlike anything in history and unlike almost anywhere in the globe today. That's why ambitious people everywhere want to immigrate to America.

The government bailed out some of the banks to prevent the whole system from collapsing. The government let some banks, like Lehman, collapse. And they let many others get swallowed up. The failures and the acquisitions are continuing and it will be a few years before it all shakes out. I'm sure bad decisions were made, but it will be 50 years before we get a good understanding of it. And it was done in day-to-day emergencies, not some sort of planned conspiracy.

People moan that the bailed-out banks are making money now. That was the point. The idea was to save them so that they could return to solvency and profitability.

There are credible policy choices to make about banking and finance, but talk about abolishing the federal reserve is complete lunacy. And if you don't own the stock, why should anyone care what some head of a big bank makes?

Because it affects the cost of everything. Because my grandchildren are saddled with bailout costs for his bad and/or evil decisions while he gets richer and they have a darker future.

The bank president's salary doesn't affect the cost of anything. Supply and demand do. There are probably 25 massive banks competing every day for massive-bank work around the world. They do not change the prices they bid at because of the salaries their presidents make.

Your grandchildren are saddled with costs from bad decisions made by lots of people. But any system will face periodic collapses. Very few saw it coming. Those that did made a fortune going short. Thus before it hit it was far from obvious. We should be focused on fixing as best as we can rather than Know-Nothing anger.

Giant multi-million dollar bonuses for those at the top don't have any affect on the cost of bank services such as credit cards, loans, etc? Big super deals aren't what I'm talking about, I'm concerned with the nickel and diming of everyday people.

My grandchildren are saddled with costs resulting from a cabal of 1%er cronies that includes gov't and banking/finance big shots who turned home loans into a quasi Ponzi scheme that truly damaged millions of people's lives.

In the meantime, Barney Frank, Franklin Raines, and a huge list of Wall Street criminals keep themselves fabulously wealthy with essentially zero consequences. The elites are doing nothing to fix it. Only "Know Nothing" anger will spur action. This is the essence of the TEA Party and OWS.

[Turdacious]

[youtube]http://www.youtube.com/watch?v=SpyZqUY-MOU[/youtube]

Good stuff starting at :45. All that college education-- glad they learned to count to six.

[PC Polar Circle Person]

Most of us seem to agree that the system is fucked up ('cept of course the greedy Jew ;). If not supporting the goddamned hippies and their protest, what should we do about it?

IN, nice to see your mild Jew-hate come out in the discussion. I don't know if you're stupid, inarticulate, or don't have the time to state something sensible, but your comments are about as intelligent as the OWSers we see in the videos on this thread.

I will comment on the Jew thing. The danger with the OWSers is, at heart, they want to take down a system based on liberty and checks and balances. It is the way many fascist, communist, authoritarian groups start, and it inevitable leads to tyranny. As a Jew, I am very sensitive to that. Tyrants inevitably turn on us, often aided by soft Jew-haters like you.

LOL. As far as I'm aware I know only a couple of Jews and both of them only through teh internets, so you're pretty much responsible for any mild Jew-hate I might or might not have.

[buckethead]

Hebrew,

I 99% with you until you said "checks and balances". Isn't that where the real problem lies? Do we really have checks and balances for large corporations that choose to infiltrate government through lobbying. If we have some, lay them out for us hippies.

BTW, I'm a jew lover.

[nafod]

And if you don't own the stock, why should anyone care what some head of a big bank makes?

Here's one reason. Because these banks are too big to fail, we (us taxpayers) are assuming the risk of his decisions.

But that's true whether the president makes $1 or $100 million. That has nothing to do with the too-big-to-fail problem. It's the kind of thing that sheeple focus on rather than the real issue.

If we have no skin in the game, then I don't care what he makes. If we do (and we do if his company is Too Big To Fail) then we've got skin.

It's symbolic, and its symptomatic. Oh, you think you can get free "Too Big To Fail" insurance from the US of A taxpayers and yet still get your golden parachute and ton of stock options which are enriched by your increased risk taking which we underwrite? Well, #$% you very much, nothing is free in this world, including our free insurance. Don't like it? Shrink your company or go buy your own.

[Hebrew Hammer]

Hebrew,

I 99% with you until you said "checks and balances". Isn't that where the real problem lies? Do we really have checks and balances for large corporations that choose to infiltrate government through lobbying. If we have some, lay them out for us hippies.

BTW, I'm a jew lover.

The checks and balances are the antitrust, securities, and criminal laws, a free press, two parties who constantly look to find the other side's cozy deals to expose, an independent judiciary, and that the big corporations fight against each other viciously. For example, Google, Yahoo, Microsoft, and Facebook are at each other's throats day in and day out in government, courts, and the business world.

Do bad things happen? Sure, but that's because we're humans, not angels, and because economic systems are far too complex to manage without major disruptions. It's a miracle that we've come up with a system that works so well.

[Herv100]

Love these
[youtube]http://www.youtube.com/watch?v=qdLa6c3hN1w[/youtube]
[youtube]http://www.youtube.com/watch?v=aEDWs-KNf-0[/youtube]

[DARTH]

Hebrew,

I 99% with you until you said "checks and balances". Isn't that where the real problem lies? Do we really have checks and balances for large corporations that choose to infiltrate government through lobbying. If we have some, lay them out for us hippies.

BTW, I'm a jew lover.

The checks and balances are the antitrust, securities, and criminal laws, a free press, two parties who constantly look to find the other side's cozy deals to expose, an independent judiciary, and that the big corporations fight against each other viciously. For example, Google, Yahoo, Microsoft, and Facebook are at each other's throats day in and day out in government, courts, and the business world.



Do bad things happen? Sure, but that's because we're humans, not angels, and because economic systems are far too complex to manage without major disruptions. It's a miracle that we've come up with a system that works so well.

[The Venerable Bogatir X]

Love these
[youtube]http://www.youtube.com/watch?v=qdLa6c3hN1w[/youtube]
[youtube]http://www.youtube.com/watch?v=aEDWs-KNf-0[/youtube]

He had a blast with that.

[Turdacious]

I loved how that chick in the mortgage business is pissed off about people who rip other off. That's classic.

[The Venerable Bogatir X]

I loved how that chick in the mortgage business is pissed off about people who rip other off. That's classic.

I'm sure this was orchestrated by the 1% to have him surrounded by paid actors to sound like a bunch of whining dolts.

dmw: I used the term whining just for you!

[dead man walking]

dmw: I used the term whining just for you!

i feel honored

[The Venerable Bogatir X]

dmw: I used the term whining just for you!

i feel honored

My pleasure.

Hey, I want America to return to prosperity so you can get a new keyboard with a working shift key.