Occupy Wall Street

[JayHawk]

Oh and I agree with that. the tax rate should be the same percentage with no loopholes.

That is not what they are vocalizing. But hey make it into what ever you wanna argue. Why were ealrier post akin to tearing down the United states and rebuilding... what was that "A reality my sheltered life has never seen"

Really? Cuz I have been saying the same shit for a couple years now about wall street and big business.

So do you have to have a villain?

Now below is what one of those evil politicians is saying.

1) If a financial institution is too big to fail, it is too big to exist. Today, the six largest financial institutions have assets equal to more than 60 percent of GDP. The four largest banks in this country issue two thirds of all credit cards, half of all mortgages, and hold nearly 40 percent of all bank deposits. Incredibly, after we bailed out these big banks because they were "too big to fail," three out of the four largest are now even bigger than they were before the financial crisis began. It is time to take a page from Teddy Roosevelt and break up these behemoths so that their failure will no longer lead to economic catastrophe and to create competition in our financial system.

^ THIS

2) Put a cap on credit card interest rates to end usury. Today, more than a quarter of all credit card holders in this country are paying interest rates above 20 percent and as high as 59 percent. When credit card companies charge 25- or 30-percent interest rates they are not engaged in the business of "making credit available" to their customers. They are involved in extortion and loan-sharking. Citigroup, Bank of America, and JP Morgan Chase should not be permitted to charge consumers 25- to 30-percent interest on their credit cards, especially while these banks received over $4 trillion in loans from the Federal Reserve.

^THIS

3) The Federal Reserve needs to provide small businesses in America with the same low-interest loans it gave to foreign banks. During the financial crisis, the Federal Reserve provided hundreds of billions of dollars to foreign banks and corporations including the Arab Banking Corporation, Toyota, Mitsubishi, the Korea Development Bank, and the state-owned Bank of Bavaria. At a time when small businesses can't get the lending they need, it is time for the Fed to create millions of American jobs by providing low-interest loans directly to small businesses.

^ THIS

4) Stop Wall Street oil speculators from artificially increasing gasoline and heating oil prices. Right now, the American people are being gouged at the gas pump by speculators on Wall Street who are buying and selling billions of barrels of oil in the energy futures market with no intention of using a drop for any purpose other than to make a quick buck. Delta Airlines, Exxon Mobil, the American Trucking Association, and other energy experts have estimated that excessive oil speculation is driving up oil prices by as much as 40 percent. We have got to end excessive oil speculation and bring needed relief to American consumers.

^ THIS

5) Demand that Wall Street invest in the job-creating productive economy, instead of gambling on worthless derivatives. The American people have got to make it crystal clear to Wall Street that the era of excessive speculation is over. The "heads, bankers win; tails, everyone else loses" financial system must end. Most important, we need to create a new Wall Street that exists not to reward CEOs and investors for the bets they make on exotic financial instruments nobody understands. Rather, we need a Wall Street that provides financial services to small businesses and manufacturers to create decent-paying jobs and grow the economy by productive means. Think of all of the productive short- and long-term investments that could be made in our country right now if Wall Street used the money it has received from the federal government wisely. Instead of casino-style speculation, Wall Street could invest in high-speed trains; fuel-efficient cars; wind turbines and other alternative energy sources; affordable housing; affordable prescription drugs that save people's lives; and other things that America desperately needs. That is what we have got to demand from Wall Street.

^ I dont how you do this

6) Establish a Wall Street speculation fee on credit default swaps, derivatives, stock options and futures. Both the economic crisis and the deficit crisis are a direct result of the greed and recklessness on Wall Street. Establishing a speculation fee would reduce gambling on Wall Street, encourage the financial sector to invest in the productive economy, and significantly reduce the deficit without harming average Americans. There are a number of precedents for this. The U.S had a similar Wall Street speculation fee from 1914 to 1966. The Revenue Act of 1914 levied a 0.2-percent tax on all sales or transfers of stock. In 1932, Congress more than doubled that tax to help finance the government during the Great Depression. And today, England has a financial transaction tax of 0.25 percent, a penny on every $4 invested.

^ This sounds reasonable

That is not a Occupy Wall Street demand. Those people will have as much sway as the democratic party that they say they don't want but realistically is the only place that will; give them a voice. That voice COULD be as loud as the Tea Party but for the fact that the democratic party lacks the ability to get something done.

 

[BostonPirate]

lol

its really simple buddy and if you aren't willing to listen, you will never hear how simple, concise, and strong their message is, and why it it resonating with so many americans. one third.

one hundred million americans approve of their actions.

mull that over in bearver cleaver land for a while. You have a closed mind and are wed to misconceptions that will, in the end, bring you late to the party.

You want to play word games?

exactly why do you need for THEM To be the villains here? Why?

you still dont get it.

 

[bankside]

http://www.businessinsider.com/down-with-email-corporations-2011-10

Fun times. I still say that warren buffet has more to say on the subject that is a) coherent and b) effective than any of these protestors. They need to get behind capitalism and push it in the right direction, not lodge themselves in front of it and obstruct it from making us properous. Capitalism is the only system that has lifted millions of people out of poverty, if we're willing to let it work, and then tax it.

Anyway, people do clearly want and expect Keynesian economics. When neocon teapartiers say Keynesian Economics, they just mean "spending forever." But that is not what Keynes had in mind. He wanted government spending to counterbalance the economic cycle, meaning tax more and spend less when business is profitable, and tax less and spend more when businesses are faltering and lacking customers.

In pure capitalist terms, now is the cheapest time for government to be a customer.

So lets fix bridges, expand public transit, re-fit our national parks and institutions. Now is the time.

 

[JayHawk]

I get it completely but you talk as if your holding rally night in your back yard. When in reality it is words.

Good luck with that.

 

[JB3]

http://www.wbur.org/npr/141089001/o...s-union-backing-approval-rating-tops-congress

this link discusses a rassmusen poll that gives the occupiers a 33 percent approval rating, and congress a 14 percent approval rating.

I believe that is national sampling, and is a conservative outlier. I think the poll of polls, when it comes out, will show even higher support.

Polls also showed that people supported the Tea Partiers. You telling me they were right then too?

 

[CFoTsD]

Stinking up Wall Street: Protesters accused of living in filth as shocking pictures show one demonstrator defecating on a POLICE CAR

 

[Kulindahr]

"Accused" is right.

A lot of the pictures of alleged "rubbish" look like camping gear stored for the day.

Bloomberg is making shit up (I guess that's what he does instead of interfering with federal investigations, these days).

 

[CFoTsD]

Because Bush isn't in there anymore.

 

[JB3]

Question: Why were they at the air and space museum? What's their justification for being there?

 

[M4P]

Question: Why were they at the air and space museum? What's their justification for being there?

This group is up to no good and doesn't represent the so called 99%

 

[Telstra]

My boss used to joke that obesity is an occupational hazard for American police.

Is it because they have so much free time, nothing much to do securing wealthy buildings and push away the homeless from sleeping near the buildings ?

 

[Telstra]

The protesters are right.
The bankers doesn't do much and paid themselves many millions of dollars each?
They should be made homeless.

 

[JB3]

This group is up to no good and doesn't represent the so called 99%

No I'm really curious. I can understand banks, I can understand the White House and other homes of government, but the air and space museum just seems curious.

 

[CFoTsD]

JB3, one place is as good as another when most of the protesters truly do not know why they went to the gathering. I head a 'leader' say they will form a committee to decided what they are protesting once everyone shows up. The leader was not in NYC but another city on the west coast

 

[andysayshi]

Some images of the filthy, drug-smoking hippies that are protesting for Occupy Wall Street:

 

[opinterph]

No I'm really curious. I can understand banks, I can understand the White House and other homes of government, but the air and space museum just seems curious.

One of the exhibits features Military Unmanned Aerial Vehicles and the group that arrived at the museum was affiliated with Stop the Machine.

 

[JB3]

One of the exhibits features Military Unmanned Aerial Vehicles and the group that arrived at the museum was affiliated with Stop the Machine.

Ah that makes more sense. Its stupid, but it makes more sense.

 

[kev]

I saw this and thought that it sums it up:

 

[TickTockMan]

^ Big whoop.



Are you saying they should only protest if they make everything homemade? One can not live without buying from corporations anymore unless they shun society.


God forbid they don’t make their own toilet paper or cut their hair with a sharp stone.

 

[zoltanspawn]

I saw this and thought that it sums it up:

Did you have a second thought?

Your first one was simple.