Post by Mossingen
Post by popinjay999
These assholes supposedly want jobs, would YOU hire some of these
people if you had a business?
I was there with someone I *did* hire. There were 10,000 peaceful
occupiers and 50 jerks. For all I know you were one of the jerks.
It's not like you had to show ID to participate. We know that the
_American Spectator_ has sent agent provocatueurs to the protests.
What exactly is the agenda?
You STILL don't know, but still are against them?
Some of the OSW complaints:
For the last 140-years, about every 15 or 20 years, we had another crisis,
or 'panic. After the Great Depression, the 99 Percenters (they didn't call
themselves that - I did - it's a Jerryism) marched and camped out in
Washington and called it Hooverville. Anyway, like the Civil Rights
marchers, they forced the government to put in three new rules to protect
us. The Glass-Steagall Act (separating our community banks from WALL
STREET investment banks); FDIC (Insurance); and SEC Regulations (so we can
invest without being cheated too badly by the Bernie Madoff type). For 50
years we have no bank failures; no major crises.
Then we get to the 1980's. They (Ronald Reagan's bunch and the WALL STREET
Gang) decided to start getting rid of them pesky regulations and we get:
THE DEPOSITORY INSTITUTIONS DEREGULATING AND MONETARY CONTROL ACT OF 1980.
Gee, late 1980's: Savings and Loan crisis (the Keating Five with John
McCain). Then the 1999 Repeal of Glass-Stegall. Now we mix banking with
risky, speculative, activity in our financial services industries. Late
1990's: Long term capital management hedge funds debacles. Early 2000's:
ENRON. And finally we have the biggest crisis since The Great Depression.
Thank you WALL STREET and Republican Deregulation.
Alan Greenspan admits, "I MADE A MISTAKE IN PRESUMING THAT THE SELF
INTERESTS OF ORGANIZATIONS, SPECIFICALLY BANKS AND OTHERS, WERE SUCH THAT
THEY WERE BEST CAPABLE OF PROTECTING THEIR OWN SHAREHOLDERS."
No shit? Financial institutions giving bad loans, then rating toxic
mortgages as AAA? Selling them; then betting against the very stocks they
were selling; without telling the clients? Then surprised when they crash?
Federal Reserve hands out $1 trillion dollars (not to you and me), and
puts $2.2 trillion at risk. Democratic Congressmen question Ben Bernanke,
on TV, but he refuses to reveal any names. (Kind of like Dick Cheney
holding secret meetings, refusing to name names and agendas, then issuing
non-bid contracts to his own company - Halliburton) (Then blocking
investigations of thefts by his own company). Anyway Ben Bernanke clams up
and the Democrats want an audit of the Federal Reserve but the Republicans
The conservative members of the SCOTUS rule corporations are people and
can make secret donations (on top of regular donations) to politicians and
political organizations, giving them corporate denomination of the
electoral process. The Obama Administration puts back some Wall Street
Regulations and the Republicans are trying to get them removed and
blocking new ones. Gee, I wonder why WALL STREET wants that?
Guess what? I'm sure Fox didn't show you this, but yesterday a new
government report from the Congressional Budget Office (CBO) just reported
that from 1979 (lets call it 1980) to 2007, there was a doubling of the
national income going to the top 1%. (Gee, starting from when Ronald
Reagan and WALL STREET deregulated in '80). The share of income of the top
1% has increased 275% (avg $347,000 a year). The poor jumped 18%, $14.000
a year. Us middle class saw a 40% jump. The wealthy are getting richer 15
times faster than the poor.
Gee. WALL STREET has control of the government, politicians, banking, have
secured just about every possible deductions a corporation and rich person
can have. (Notice how some of the biggest money making corporations and
owners paid no taxes?) They have political and SCOTUS protection and are
busting unions in a number of states, have tax protections for shipping
jobs overseas and the SEC is in their pocket (Bernie Madoff and his fellow
brokers take them to lunch - every day). And you wonder why we 99% are
marching on WALL STREET? (The ones smart enough to watch something other
than Fox and know All of the Above) (Or did you already know all this?)
For ONE THING; we need to overhaul the 1% corporate tax code. Nobody in
this country got rich on their own. They moved their goods to market on
the roads the rest of us paid for. They hired workers the rest of us paid
to educate. They make money off that. Good. Take a big chunk of that
profit; you earned it. But the social contract is for corporations to take
a chunk of that and pay forward for the next generation being educated and
working. But what are the Republicans blocking, and actually working on?
More tax cuts for corporations and removing the very regulations they
removed in the '80s.
And the WALL STREET rich could at least pay the same tax rate we do. And
taxes on WALL STREET transactions, like the rest of us pay on
transactions. And the Death Tax Transactions. Hell, the list goes on and
Now that you know A PORTION of what the OWS is about; you, why aren't you
Jerry 'n Vegas
What event would have to happen for you and the
Post by Mossingen
other protesters to call it a day? We've got some occupiers here in
downtown Oklahoma City and I've talked to a few. The agenda seems to be a
kind of vague, "down with the man"-type expression of anger, but little else
of substance. That, and a few of the regular homeless getting some
attention and food.