10/8/2011 8:50:54 AM
reposting RedGuard's post for page 5:--Latest set of demands. Looks like the grown ups have finally stepped in and knocked some sense into the kids. I don't agree with all of this completely (and there are still a lot of vagaries like what exactly they're proposing with the "Buffett Rule"), but this is a lot more reasonable and practical than calls for free college tuition, dismantling the entire global trading system and other nonsensical fantasies.
10/8/2011 9:00:59 AM
I agree with most of those. Also, get rid of Fannie Mae, Freddie Mac, etc, which are fueling the financial madness.
10/8/2011 9:24:20 AM
For page 5:I'll actually agree with those. I hope this trend of having appropriate demands continues, especially to lessen the influence of corporations on politics.I did lol at this though
10/8/2011 10:50:51 AM
^^^ link to those?
10/8/2011 12:30:00 PM
10/8/2011 12:32:13 PM
10/8/2011 12:33:19 PM
10/8/2011 1:20:11 PM
10/8/2011 1:58:47 PM
that changes things little. It would curtail nothing. You know why? Because, as I said, that tax would be paid by us. How? Because the banks would simply pass it along. funny how liberal wet dreams always end up soaking the people]
10/8/2011 2:00:38 PM
10/8/2011 2:41:06 PM
http://occupywallst.org/forum/proposed-list-of-demands-please-help-editadd-so-th/Yes, it's not truly "official", but in their forums, it appears to be the closest to a "sticky" tag and has a huge number of comments.Also, it appears that the DC group tried to storm the Air & Space Museum today to protest the unmanned drone exhibit. Guards were preventing the hundreds of protestors from bringing in their large banners. It appears that some of the protestors basically trapped a guard against the wall and another guard brought out the pepper spray after that. One arrest.Think this one is a wash: it's understandable why they targeted the museum, but to hit a popular non-profit museum like that won't win much public support. They should've stormed a government building like Congressional offices or a military instead.
10/8/2011 7:46:34 PM
Haha wow that is retarded. Go protest Lockheed or whoever makes them if you're going to protest unmanned drones (which really isn't the point of these things anyway). They need to keep it economic-focused for now.
10/8/2011 8:12:00 PM
Yeah, I have a big problem with them storming the museum. What fat cats would they be protesting there? The only people they would irritate would be other 99%ers who want to explore some cool exhibits. Odds are all they would accomplish is fucking up a familiy's vacation
10/9/2011 8:56:48 AM
10/9/2011 2:34:59 PM
high frequency trading without a doubt does not add value to the economy. It is purely a form of frontrunning, and therefore should be illegal. We divest a lot of resources away from productive activities so that a few computer programmers and financial companies can get rich illegally.
10/9/2011 7:46:02 PM
^ there is a form of HFT that does validly create value. Frontrunning, however, is not this.Something like 60% of all trades are decided by machines now. How much of those are actually helping price realization, and how many of them are just destabilizing the market by using privileged information? I don't know.
10/9/2011 7:48:26 PM
^If you accept that the profit you make off of a trade is the best measure of how useful that move was for the overall economy then thats where the tax can come in. I actually accept that small profit margins on the order of 1%-3% may actually be useful even if they are traded at high frequencies (maybe they are in some cases but not others, I dunno) The trades that are earning what seem to amount to rounding errors I just don't see how they add value. A tax that makes those extremely small trades unprofitable could atleast limit the mindless trading but shouldn't take the incentive away from more normal trades.
10/9/2011 8:33:52 PM
You don't even need a stock market to have a high-performing economy, anyway. The current stock market just perverts corporate incentives and fosters inflation.
10/9/2011 8:35:24 PM
Oh really? You understand why companies go public and sell stock, right? Obviously not.
10/9/2011 9:44:09 PM
To do what they already do via private stock sales, bond, and bank finance? Or is it to strike it rich from an insane IPO then bail because they have no real business?Do you know what the point of holding stock is? (Obviously not). Holding a share of a company meant you were entitled to a share of the profits. Now, the expectation of inflation is so natural, that people assume that all income from shares should come from capital gains.
10/10/2011 8:41:47 AM
http://www.youtube.com/watch?v=qoPwo3STiXo&feature=youtu.beWhat a bunch of assholes. You're publicly protesting, you are part of a (like it or not) newsworthy event, yes that implies consent to be filmed. For people trying to exercise your first amendment right to publicly protest and seek redress from the government you sure don't seem to have much of a grasp on the freedom of the press part.Citizen Journalists: Useful for holding the fascist police accountable, but a tool of fascists when attempting to record your meeting.[Edited on October 10, 2011 at 11:10 AM. Reason : asdfsfd]
10/10/2011 11:02:17 AM
are you seriously getting worked up over that? A group of people politely ask a guy to stop filming them, when he doesn't a guy gets in a fairly polite argument over whether he should be allowed to film. eventually he goes back to filming and people stand in front of him blocking his view (well within their rights)I guess im not seeing the outrage
10/10/2011 11:14:18 AM
It's just a lot of ridiculous. You're making a huge scene, and then getting upset when you're filmed. This doesn't seem odd, stupid, or hypocritical to anyone?
10/10/2011 11:37:21 AM
10/10/2011 1:06:13 PM
They released this last week.
10/10/2011 1:43:18 PM
10/10/2011 1:43:20 PM
^interesting way to look at it.But I'd wish to clarify it.Peoples, Corporations, and the entity of the Government-People build corporations.-People make up the government.-Corporations make money for people-Government takes money from the people to redistribute back to the people and pay for the government-Government takes money from corporations to redistribute back to the people in different ways.-Corporations give money to the government to make more relaxed rules so it can make more money-Government gives money to corporations when they are LARGE and if left to fail would not be able to give money to the people and their services-Government creates laws to limit corporations growth opportunities-People create corporations-Government does not create corporations-People change the government and it's laws over timeYes, these are all obvious facts. But from that, how could you blame the corporations. They are simply reacting to the government and it's laws to make money and give it to its people to survive.If you live your life such that you survive from the means of the government I can see why you would want to fight the corporations since they don't for some reason give you a piece of the pie that they created.somebody please poke holes in this and let me 'see the light' and where i am wrong.no trolling. no sarcasm. literally trying to see what is up with some people.
10/10/2011 2:00:59 PM
^Powerful people with interests that are other than those of general public [ab]use power of corporations and the Government to advance their personal interests.[Edited on October 10, 2011 at 2:17 PM. Reason : in basic terms]
10/10/2011 2:16:43 PM
^ but if it's legal why can't they. The government again is to blame. The people [who elect the government] are responsible for electing people that will not take the bribes, and will change the laws to stop these [ab]usive corporations as you say.It's a simple process. It does not require a permanent occupation of some randome cities and outright assaults on certain random corporations. You simply find trustworthy individuals to 'change the government' to what your opinion is of it all.
10/10/2011 2:26:40 PM
This is amusinghttp://www.dailymail.co.uk/news/article-2047168/Occupy-Wall-Street-protesters-make-love-class-war-sex-drugs-tap.html
10/10/2011 3:48:06 PM
Corporations have NO POWER of you.....unless the govt gives them some. Be pissed at the govt for doing it.
10/10/2011 4:13:48 PM
So it's the egg and not the chicken? Which is the problem? Lobbyists or the government kowtowing to lobbyists?
10/10/2011 4:21:33 PM
^ no not one bitlet me translate those little phrases you wrote:"government kowtowing to lobbyists" = people with government jobs (specifically legislative voting privileges who are taking money from corporations and changing their votes to align with whatever the corporation wants100% of the problem is the douchecunts taking the bribes and swinging their vote for a few dollars.So the voters who put these freaks in need to wise up and get better leaders.[Edited on October 10, 2011 at 4:36 PM. Reason : ,]
10/10/2011 4:34:36 PM
Lobbyists are necessary.Dirty lobbyists are blameworthy, and action should be taken against them to the extent that it can be.Crooked politicians (which is to say, almost all of them, as it's all but necessary to attain power in Washington--it's kinda like steroids in sports--if everyone else is doing it, you can either do it or get left behind) are the worst of all and should be held the most accountable. Lobbyists represent their respective interests, and can to an extent be expected to do what they do. Government officials are at least supposed to represent the American people and the U.S. Constitution, so from the perspective of constituents, our rage should rightfully largely be directed at Washington.
10/10/2011 5:36:10 PM
It is being directed at Washington. The point of doing it at Wall Street is because they're the ones who paid to get the deregulation that gave them the freedom to make all kinds of mortgages they knew would fail and leverage all their shit through the roof with credit default swaps. But ultimately it is a protest against the government.You say, "the voters who put these freaks in need to wise up and get better leaders," but that's exactly what they're trying to do. I mean, damn, who else are you going to vote for? We effectively get two choices in any major election right now. Corporate money decides who gets nominated, who gets elected, and what they do when they're in office. You can't just slip in "corporations give money to the government to make more relaxed rules so it can make more money" as if that's a good thing, when really that's the root of the problem. It may be legal, but there's no reason that couldn't be changed if we had policymakers who were willing to do things about it. As a side note, I know lobbyists do have an important function in government and you can't get rid of them, but their monetary contributions and staff positions could definitely be limited, etc.But that's the purpose of the protests - If you can't be heard at the polls, you have to be heard through public demonstration. Right now, our representatives are beholden to the corporations, not to the people, and these guys are expressing that in a way that's actually getting some attention. You might think they're idiot hippies, but they're getting a lot of media attention and people in Congress aren't just ignoring them like they've done pretty much every other protest of the last 30 years.Nobody (nobody reasonable, anyway) wants to get rid of corporations, though, which is why that picture that got posted of the protesters using iPads and Sony cameras was so asinine. It's great that Apple makes iPads, and it's great that Sony makes cameras, and people would like to buy them. I think all people are saying is that they need to stick to making iPads and cameras instead of spending money lobbying for tax holidays on offshore profits. Although in this respect, corporations are pretty messed up since their express purpose is to hoard as much money as possible out of everyone else's hands by any means necessary.
10/10/2011 6:41:09 PM
10/10/2011 9:02:11 PM
^That response was more toward pack_bryan than for you. Just the lobbyist part was in response to your comment. Which is reasonable.EDIT: I'm not entirely convinced on their methods yet, but I think the intent is good. It's only been going on for a few weeks, and it should get more organized. There's some website where people can vote on what demands they want to make, and there's currently some really dumb shit on there (re-investigate 9/11, repeal the 16th Amendment (which seems to go against the "tax the rich" sentiment, but that's probably the Ron Paul crowd)). It just annoys me when people on here say shit like "dumb liberal fags should get jobs and that will solve all their problems," when the point is deeper than "you have more money than me." Sorry if that came across as directed toward you personally.[Edited on October 10, 2011 at 9:24 PM. Reason : ]
10/10/2011 9:18:02 PM
I'll agree that narrative needs to be narrowed down to one thing in order to have the most effectiveness, and that over-expanding their demands will just stretch their resources too thin and lose their appeal.But, even if you want to label this as some sort of populist uprising, can you really blame them? 15% of the country is below the poverty line. That can't be the result of 1 out of 6 people instantly becoming lazy over night (which just so happened to occur during the worst financial crisis since the great depression). It's the highest it's been since 1993, and unemployment is locked at 10% "new unemployed," and the real numbers of unemployment and underemployment are probably above the 20% range. It's taking people an average of almost a year to get employed, meanwhile wealth is being accumulated at the top.And these aren't your typical disenfranchised demographics, either. They're not just the poor minority groups of the past. Many of these are fresh college grads (spare me the liberal arts bullshit, that's a petty argument to make and you know it), and it wouldn't surprise me at all if this started to coincide with the student loan bubble that's bound to burst.If you want to call it class-warfare (which is a trite oversimplification, but whatever) then go ahead. But shouldn't the status quo of shrinking the American middle-class also be called class warfare? Why is it only class warfare when the people at the bottom of the pyramid try to manipulate the system? How much more dire should the circumstances get until they have the right to protest? It's too easy to dismiss them as liberal-hippy-faggot-stalinist-militant-tree huggers, and they can't all possibly fall into that group. So if the numbers of unemployment/underemployment/debt saddled youngsters is the highest it has been since the great depression, why wouldn't they protest?
10/10/2011 10:47:58 PM
^TL;DR;JesusHChrist is a failure at life and doesn't have a skill that will support or add to society and therefore can't get a job or make money.it's your fault wall street. all of you bankers. give me my hard earned money back you evil people. [Edited on October 10, 2011 at 11:01 PM. Reason : stop being a candy ass JesusHChrist]
10/10/2011 10:59:07 PM
I see your bait.
10/10/2011 11:01:58 PM
you are right we should take the money from the corporations so we poor people can be rich finally like themthen when we've taken all the money from the corporations we wil................ ooh shit. what will we do then
10/10/2011 11:04:37 PM
10/10/2011 11:13:37 PM
10/10/2011 11:17:43 PM
ActionPants,America is having to import students to learn trade jobs. Americans like ActionPants do not want to do the legit hard working jobs.As example ... Welders ... There is a 100% chance of finding a Welding Job after graduating for Welding.How many other jobs can say that?100% percent!They're having to get people from other countries to come here, go to school, become citizens, then work for the companies.BECAUSE AMERICANS LIKE ActionPants WON'T DO IT!Yeah you go right ahead and protest you fucking telemarketer wannabes.[Edited on October 10, 2011 at 11:28 PM. Reason : .]
10/10/2011 11:27:15 PM
10/10/2011 11:31:53 PM
10/10/2011 11:33:49 PM
10/10/2011 11:37:13 PM
10/10/2011 11:41:04 PM
anyone that supports Occupy Wall Street and/or the Tea Party but isn't voting for Ron Paul is a certified retard.You can't say you stand for one thing and then vote against the only candidate who supports what you claim to want.
10/11/2011 12:14:46 AM