Occupy Wall Street

[jackoroe]

My God jackoroe, do you really have to be so negative with everything I or anyone else says?
The Marine was talking about all the other brutality incidents
the NYPD has done to its citizens. You've seen it I'm sure. It has been all over this thread. It has been all over the media too.
I think it worked just fine. The cops were embarrassed I'm sure.

Is it negative to point out someone when they act like an idiot? Ranting at officers who are guilty of doing nothing at all in this video. Let me ask you, would it be reasonable to rant at all of the protestors because one of them took a dump on a police car? Is it reasonable to call all of them anti-semetic because one of the protestors claims the Jews own everything? How is what this idiot doing any different? Or do you condone generalizing about groups?

I've said it before and it bears repeating. If people are being abused as some claim, make the appropriate complaint. Don't expect that acting like an ass while donning the uniform of this country to carry much weight. Do you think that this idiot considered for a moment how many of the officers he was addressing were also veterans? People who served with dignity and continue to do so in their role as peace keepers in one of the largest cities in the world. Of course he didn't. He was hoping to provoke a reaction which never came. The group of NYPD officers assigned to crowd control at protests and parades are trained to ignore insults and other intentionally provocative behavior. They comported themselves professionally while he disgraced himself? They didn't appear the least bit embarrassed by this provocateur, nor had any reason to be.

If you want him as a hero, your welcomed to him. I respect his service, if in fact he served, but not his behavior on this particular evening.

 

[T-Rexx]

I think the argument for the Obama bailouts was that allowing the banks to collapse would collapse the entire economy.

so the banks got loans, which have since been paid back, and are meanwhile still employing hundreds of thousands of people directly and indirectly creating jobs by loaning money to small businesses and start-ups.

I know Goldman Sachs is a dirty word, but they've invested millions of dollars into my company and are at least partially responsible for mine and many others' continued employment and corporate growth.

Exactly. The only people that matter are rich people and big companies.

Competence in enterprise or responsibility of purpose mean nothing.

It is the duty of the proletariat to prop up the 1% and keep them forever wealthy and powerful. It's for our own good, of course. They matter so much more than we do, 'cause they're rich.

The government could just as easily have bailed out the 99%, so we could pay those bills that would keep the banks in business (and employing hundreds of thousands of people in India).

But, only the banks matter. Not us.

 

[White Eagle]

Yes it is reasonable. The officers in this video did not do anything but surely they did in others. This man fought in Afghanistan and has every right to say what he did say. He is an American military. You are just wanting to reject everything that is being done in the Occupy. Everyone should have the knowledge that Marine has.
Now watch the next video I post!!!.

 

[White Eagle]

Is this man brilliant or what. He knew what was going on all those years ago.

 

[White Eagle]

Jack Springer "From OccupySantaCruz." You call it petty shit.
Well it got legs. You need to have some compassion.
These people have every right to close their accounts if they want.
And it is not petty!

http://firedoglake.com/2011/10/16/s...-you-cant-be-both-a-protester-and-a-customer/

Sunday Late Night: BofA Says You Can’t Be Both a Protester and a Customer
By: Teddy Partridge Sunday October 16, 2011 8:01 pm

If you want to close your Bank of America account, you mustn’t come from an #Occupy protest carrying your protest signs and wearing your protest-y clothing. “You can’t be a customer and a protester” this manager of the Santa Cruz branch of Bank of America tells customers in good standing. These Bank of America customers came from their local #OccupySantaCruz march to close their BofA accounts. No signage, no protesting, no cameras — any of these make you a protester, not a customer.

 

[T-Rexx]

who is this mythic 99% that requires government handouts?

We're not "mythic." We actually exist. I realize we've been pretty invisible up until now, so perhaps you haven't noticed our suffering. We're all those people who are defaulting on our mortgages because we've lost our jobs because the rich people could no longer afford to hire us.

The poor rich bankers lost all of their money through stupid, irresponsible, and illegal business practices. So, they had to lay us off. So, each of us over 17 gave them $50,000, so they could stay rich and not hire us back.

I'm not wealthy and powerful, but I'm not indigent either.

Nor do you matter. You don't make enough money. You're not important to the economy.

15% unemployment is a dream compared to what would probably happen if the entire investment/banking system in the US was allowed to collapse.

No one is saying we should allow the entire investment/banking system to collapse. Only that they matter a whole lot more than you and I.

Because they're rich. Their problems matter. Imagine how bad off we would be if we hadn't given them all of our money, so that they could continue making 450x what we make. Then, they might not have enough money to give us jobs.

Just like they don't now.

 

[Jack Springer]

No one is keeping them from closing their accounts. They have every right to do so.

A business has a right to conduct business on their own property the way the want -- not the way some mob wants.

Even JUB has rules you have to abide by.

Didn't your mother teach you manners?

Jack Springer "From OccupySantaCruz." You call it petty shit.
Well it got legs. You need to have some compassion.
These people have every right to close their accounts if they want.
And it is not petty!

http://firedoglake.com/2011/10/16/s...-you-cant-be-both-a-protester-and-a-customer/

 

[T-Rexx]

you realize they paid the money back, right? and that the government made a profit off the bailouts?

You miss the point. We bailed them out, because they needed our help as a result of their own misbehavior, stupidity, greed, and lack of business acumen.

We who have done nothing wrong don't deserve help, for no reason other than that we are not as rich as they are.

We don't matter. Our obligation is to keep rich people rich, even when they act maliciously.

Their obligation is to rape us. Even when we have acted honorably.

 

[opinterph]

you realize they paid the money back, right? and that the government made a profit off the bailouts?

The Bloomberg article to which you linked associates the ROI with an “investment of $309 billion in banks and insurance companies.” Further down in the article, Nomi Prins suggests that the government and Federal Reserve plowed more than $19 trillion into the financial system to prop it up. She is quoted as saying, “So the TARP gains touted by the Treasury are only true if you ignore all the other costs.”

Other sources also suggest a greater amount associated with “the bailout” and their conclusions are based upon official reports.


Fed made $9 trillion in emergency overnight loans

“The $700 billion Wall Street bailout turned out to be pocket change compared to trillions and trillions of dollars in near zero interest loans and other financial arrangements that the Federal Reserve doled out to every major financial institution,” Sanders said.

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts

From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest.

 

[White Eagle]

Doing exactly what to people? The video shows maybe a dozen cops standing around while a gentleman claiming to be a veteran, rants like a lunatic. If they were clubbing some little old lady, I'd be in total agreement with him. They weren't.

Nobody is doing anything to anybody other than keeping the peace in this video. That's what the NYPD was ordered to do. And if the raving lunatic is in fact a veteran, then he fully understands the concept of strict adherence to lawful orders and should respect the NYPD for doing their job and mind his own business.

If he feels someone is being treated inappropriately, there are venues available for him to make a complaint. Holding court in the middle of the street isn't one of those venues.

This is not a video of the Marine calling out the cops, there is a video at the link that shows this cop punching an HIV positive citizen for no apparent reason. They said the guy looked at the cop. Then this is the same cop that took down a woman by her throat, and pepper sprayed other women.
This is a cop that the Marine had every reason in the book to call them out.
This is not a youtube video and I don't know how to post them.

http://www.lefthudson.com/2011/10/nypd-cop-who-sucker-punched-ows.html

Sunday, October 16, 2011
NYPD cop who sucker punched #OWS protester abused other demonstators
The police officer who brutally grabbed and slugged an #OccupyWallStreet protester has been identified by the New York Daily News as Deputy Inspector Johnny Cardona, and it appears that Cardona has quickly established a track record of mistreating #OWS protesters, apparently for no good reason.
The demonstrator, Felix Rivera-Pitre, was videotaped being punched by Cardona while walking away from him on Friday, and the video is now well-known. Police are considering pressing charges against Rivera-Pitre, but there is no evidence that the protester did anything illegal, despite several video cameras documenting the event.

 

[Kulindahr]

I've been told that there are bankruptcy laws that deal with this issue.

Personal bankruptcy was made twice as hard under Bush, and more debts were reserved as not subject to bankruptcy proceedings.

Those debts are ultimately owed to the filthy rich, and [STRIKE]we[/STRIKE] Republics wouldn't want them deprived of a single dime.

 

[Kulindahr]

If he feels someone is being treated inappropriately, there are venues available for him to make a complaint. Holding court in the middle of the street isn't one of those venues.

According to the Constitution, it is.

 

[Kulindahr]

Exactly!

So why aren't all of the banks in bankruptcy right now?

Because Obama lacked the balls to order them busted up.

 

[Kulindahr]

you realize they paid the money back, right? and that the government made a profit off the bailouts?



http://www.bloomberg.com/news/2010-...2-profit-to-taxpayers-beating-treasuries.html

is it really so different than the housing bailout that helped homeowners refinance through Fannie/Freddie and all the government's frantic attempts to keep home values artificially high?

Big whoop -- not much of a return.

The deal should have been, the Treasury loans you the money at the rate of the highest interest they charge on a credit card -- you know, how they sock poor people with 23.4%.

AND they should have been broken up into pieces too small to be a danger to the economy.

 

[fetaby]

This seems appropriate...
[ame]http://www.youtube.com/watch?v=gIcqb9hHQ3E[/ame]

 

[Kulindahr]

^
He's fun to listen to.

 

[fetaby]

My favorite part is how no one can interrupt him.

Why do they always try to interrupt each other?
Makes it quite difficult to hear what is actually being said...

 

[JayHawk]

No one is claiming people shouldn't pay their debts.



Since when is cooperative action by individual citizens "anarchy"? There's nothing illegal about withdrawing your money.

And BTW, I've been advocating for twenty years for people to get their money out of the big banks and into credit unions.

Get real -- who here is advocating that?

The lady in the video claiming she had 120K in debt. And YES Kuli some of the OWS is claiming to want loan forgiveness or whatever you would call it.

You guys have to watch this video. A Marine embarrasses the NYPD for what they are doing.

I notice someone quoted the shitty things done apparently at the hands of the police. Yet although they quote the atrocities and call them ON TAPE I have yet to see the tape of the person's ear ripped off or the running down with a vehicle.

I dont think cops are all that. By no fucking means. Most of them are down right fucking mean BUT those cops deserve a medal for not putting that jackass in cuffs. He can protest all he wants but when he gets into the face of a cop sounding hysterical and thumping his chest then it isnt something that anyone should put up with much less the law officers in the streets.

Someone posted a women being bitch slapped. that's what he needs.

...as opposed to the current reality, which is you keep paying for that house which has been foreclosed upon by the bank and that car which has been repossessed another bank (neither bank of which would currently exist at all if you had not given them $ trillions in bailout money).

When the bank can't cover its obligations due to incompetence and deliberate malfeasance, the government pays for them.

When big companies can't cover their obligations due to incompetence and deliberate malfeasance, the government pays for them, too.

But when you can't cover your obligations because you lost your job through no fault of your own, you lose everything.

Because only rich people and big companies matter in America.

And it is the obligation of the poor and middle class to keep them rich and big forever, even as they rape us.

So the idea is little johnny got to steal some candy so why can't sally? (is that followed by a proper hissy on the floor?) Do you believe the stuff you say. Hey wait a minute...did the federal government GIVE or LOAN the banks money? Money they paid back (some say prematurely)

I wonder what happens when government takes on all of the bad debt to "make things better" ..... go read up on Ireland. that is the place for freebies and man are they gonna have a good time. (while losing a third of their GDP outright due to assumption of bad debt)

Yes... this is NOT the people who were arrested.

http://www.youtube.com/watch?v=fdeuuzXS_sY&feature=related

Go there to see the video if the people being arrested.

Also, in that video, you clearly can tell citibank LIED. The woman had LEFT and they DRAGGED HER BACK INSIDE.

There are no assumptions. There is PROOF.

Yeah Proof she was inside protesting. The lookout informed the rest of the children that it was lock up time WELL BEFORE she left and when she tried to run away from her chosen misdeed the security made her face the consequences. You dont actually get to break the law and then run away letting your friends take the fall EVERYTIME.....

Did ya here the prissy primadonna when she realized she was actually going to be arrested for her refusal to behave on private property?

 

[JB3]

Let's assume that's true.

It is true. If Citibank or any of the big four failed, the FDIC does not have enough money, or legal authority, to prevent its collapse. Even the head of the FDIC (a brilliant and straight-shooting woman) thought so in the midst of the crisis:

http://curiouscapitalist.blogs.time...-citigroup-could-the-fdic-actually-take-over/

That's grounds for busting up the bank. No entity should be permitted to be large enough that its failure would endanger the United States.

The problem with thinking like that is that bigger banks, generally, allow credit to flow more freely. (for better or for worse) Bigger banks, by way of their larger capitalization, are willing to take more risks with borrowers, which in turn helps generate economic activity. Your line of thought would result in smaller institutions that would not take risks and would hinder economic activity.

Of course there is a risk that their collapse could endanger the US economy, but that risk does NOT outweigh the benefits. While it might be easy and convenient to say 'bust them up', that's the lazy answer. It doesn't solve the problem and most certainly would NOT result in a better situation than the bank being large. There are trade-offs, and your 'solution' decimates the positive aspects of large banks in favor of some hazy, ill-defined benefits of smaller institutions.

The answer, which you curiously did not mention, and the RIGHT answer, is more stringent regulations on the types of risks banks like Citibank are allowed to take. The SIZE of the bank is not the issue; its what the bank does with its assets and is allowed to do with borrowers. If there is a bank that holds that much wealth in its coffers, the government should force it to temper the kinds of risks it takes; not all risks are bad, just like not all of them are good. But, quite simply, a bigger bank is able to take risks that smaller banks cannot, and absorb losses should those risks not be productive. THAT alone is enough reason to keep bigger banks around. (with some proper regulation, of course)

 

[IokuA47]

The lady in the video claiming she had 120K in debt. And YES Kuli some of the OWS is claiming to want loan forgiveness or whatever you would call it.



I notice someone quoted the shitty things done apparently at the hands of the police. Yet although they quote the atrocities and call them ON TAPE I have yet to see the tape of the person's ear ripped off or the running down with a vehicle.

I dont think cops are all that. By no fucking means. Most of them are down right fucking mean BUT those cops deserve a medal for not putting that jackass in cuffs. He can protest all he wants but when he gets into the face of a cop sounding hysterical and thumping his chest then it isnt something that anyone should put up with much less the law officers in the streets.

Someone posted a women being bitch slapped. that's what he needs.



So the idea is little johnny got to steal some candy so why can't sally? (is that followed by a proper hissy on the floor?) Do you believe the stuff you say. Hey wait a minute...did the federal government GIVE or LOAN the banks money? Money they paid back (some say prematurely)

I wonder what happens when government takes on all of the bad debt to "make things better" ..... go read up on Ireland. that is the place for freebies and man are they gonna have a good time. (while losing a third of their GDP outright due to assumption of bad debt)



Yeah Proof she was inside protesting. The lookout informed the rest of the children that it was lock up time WELL BEFORE she left and when she tried to run away from her chosen misdeed the security made her face the consequences. You dont actually get to break the law and then run away letting your friends take the fall EVERYTIME.....

Did ya here the prissy primadonna when she realized she was actually going to be arrested for her refusal to behave on private property?

What that video PROVES is that the lie spinned by media that "they refused to leave" is just that, a LIE. She had left. They dragged her back in. She was a customer. She closed her account. There was no reason to arrest her.