The people in Egypt wanted a change in government, just like the plebs in Tunisia and Libya. What are your goals? What is the end game? Meaning: what will it take to get you off my streets? Will the bankruptcy of Banc of America, Goldman and Citi quench your thirst? Or, are you interested in something greater? By saying “the banks are greedy and they should die” is immature and silly. Real men have demands. What are yours?
Thanks in advance.
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First.
The rate of unemployment in U.S. is above 9.1[[]%] contrary to what is declared. Majority of unemployed task force are phased out after 16-20 weeks and are no longer included in census. The accurate rate of unemployment in the U.S. is around 12-15[[]%] depending which state you are in. On the hindsight a fraction of war budget for Afghanistan, Iraq, Lybia and/or Somalia can employ million of these people.
You didn’t answer my question.
The protesters are govt bailout recipients via unemployment checks. I get that. What makes them go away?
Fly,
Transference is a phenomenon in psychoanalysis characterized by the unconscious redirection of feelings from one person to another. Obama knows that he cannot be re-elected with the unemployment rate at 9% unless he redirects the feelings of the voters at Wall Street. This is purpose of #OccupyWallStreet.
Fly asked the right question. The answer to that question, if they can actually come up with one, would expose what a complete farce OWS really is.
U6 Unemployment is more accurate. It’s around 16%
Interesting response, Super B. So are you proposing a new Works Projects Administration to do things like rebuild American’s infrastructure and such projects? And getting rid of some of our military over-extension in order to finance it?
Fly, you have a point in that paying people for doing nothing is a problem. One wants to reward constructive behavior, not sitting around behavior. The problem in that has been that there have not been jobs out there for all these people, even if they were all determined to find jobs.
Yes, why pay for nothing, when you can pay Mexican immigrants to go plant trees in a forest? That will surely save the economy and satisfy all the wall street occupiers.
What the hell are they doing in Canada?
It’s communism on the rise. Embrace it.
watch it Fly, your house will get “Zhivagoed”!!!
great movie
I was at an Italian restaurant one snowy, cold an windy December with friends and we had the window seat. Two couples ran up and pounded on the window. The tables around us looked over to the window to see what the raucous was. I simply blurted out “What is this? Moscow 1917 !!” The place erupted in laughter.
Senor, you know of not regarding Canuckistan. Case in point, my corp tax rate (all levels) is 18% — doesn’t sound like communism.
It’s Sunday morning and I read the previous post and all comments with great interest a mild amusement.
We have a bit of our own OWS movement going on in the great white north. Not sure what the Hell they want up here, unemployment is nonexistent where I live; no bank bail outs or refinancing (yet); no housing crisis; the best English speaking public school system on the planet; and a health care system that, while not perfect, is functional. That being said, there is still much we can learn from others, including the USA.
Monsieur, in rebuttals to comments in the previous post,whereby you made note multiple times that TARP funds had been repaid, and perhaps an effort to enlighten, I offer the following observation.
An action taken towards the end of the Bush admin and the start of the current one, made a number of institutions that would eventually receive TARP funds, primary issuing “banks”. Allowing them to borrow directly from the Fed. The Fed lent these institutions boatloads of $$$ at 0.25% and they, in turn bought Treasuries at 3.5-4.0%. Those Treasuries were guaranteed by the US Gubmint (the tax payers) and the interest on them is paid by the Gubmint (the tax payers).
Could it not be argued then, that although TARP funds were repaid, they were repaid, in some part, by the tax payers own $$$.
I’ve been wrong lots of times, but that’s an observation from my huge tar pit, in which I am bathing.
It’s an odd version of communism where the big shots support the people …
http://www.theglobeandmail.com/news/politics/bank-of-canada-head-calls-occupy-protests-entirely-constructive/article2202064/
We’re demanding cake.
http://www.thestar.com/news/article/1070622–occupy-toronto-protesters-settle-in-at-st-james-park?bn=1
I support OWS the movement.
All I want is Money out of politics. Lets overturn The Citizens United case, and pass an Amendment banning money in politics. Lets have public campaign financing so politicians do not spend 75% of their time raising money.
Only then, can we have a true debate on how to fix the country. Otherwise, its a bought auction.
http://www.getmoneyout.com/
Okay, I like that. Is that what the protesters are asking for?
Cool, glad to hear your support for it.
And to answer your question, Kinda…
I have seen signs/talk demanding this or ideas based on this, but officially, no, I have not seen it.
OWS needs to make this their main OFFICIAL demand.
You realize these are your demands and not the thousands camped out in NYC right?
Sure but like I said, I HAVE seen some support by the OWS crowd about this issue. But I have not seen widespread support calling for this.
But I am sure if you explain this to the thousands camped outside, they will surely agree.
The only way to get the money out of politics is to take away the Congress’s ability to spread it around.
Until you do that, you can bushwack the electoral process all you want but you will change NOTHING.
______
Ok, then lets do it. Lets pass a constitutional amendment banning it (and overturning Citizens United). This is a non-partisan issue. If you want a bought government, then leave the system as is. If not, support the movement to #GetMoneyOut
this is a good start:
http://www.rollingstone.com/politics/news/my-advice-to-the-occupy-wall-street-protesters-20111012
I refuse to read a financial article from a drug addict rock and roll website.
Why, Fly? Then you will miss the writings of one of the best investigative journalists of our centry, Matt Taibbi. We’re not asking you to read anyone else’s work there, just Taibbi’s.
Real investigative journalists have to work for some otherwise ridiculous magazine like this, because of the biased mess that our mainstream media is. How can you justify watching Fox News and having watched Glenn Beck, and then refusing to read Matt Taibbi?
point take, try this one:
http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1
http://movetoamend.org/
“Ban money in politics”? The issue is that money buys influence. You can’t buy something that isn’t being offered for sale. OWS and the like need to direct their anger at the 535 cockbites in Congress and the jackasses on K Street.
You really aren’t thinking that one through. What happens when you take money out of politics?
The expenses to run campaigns and create materials for election still exist.
So who’s left to pay for it? The government?
The first group you put into office will be the last group you put into office. If you think it’s bad now with only a few major factions having the resources to run a campaign, imagine how it’ll be with only one major faction having the resources to run a campaign.
Have the Government give each qualified Senatorial candidate $2000; and each House candidate $2000, each Pres candidate $10,000.
That’s quite enough to do position flyers and hand written signs, and stand on street corners with a bullhorn.
And limit all electioneering to sixty days BEFORE the 3-day weekend election.
We don’t need to subsidize our Corporatist media.
It’s the money IN THE CONGRESS’S HANDS you need to worry about!
Why do you think they SPEND A BILLION to elect a President anyway?
Hint — this year’s budget was THREE TRILLION.
_______
Its called PUBLIC CAMPAIGN FINANCING. Do not let the private sector determine the winners. Thats a RIGGED game. If you establish an amendment passing this, it will clean up ALL the dirty $ in politics. It will force the politicians to actually listen to the general population.
And we need to shorten the election cycles. Its just too long.
I shouldn’t be forced to fund the campaigns of people I morally object to.
Regards,
TDL
So youd much rather let them be bought off by corporations, unions, and special interest groups….aka those who have money.
If you ban $, they cant be against what yo u want anymore or else they will be kicked out of office faster than you can blink.
Most obvious yet unstated demands:
1) Nobody who has worked in GS, ShittyBank, WF, BoA, or any other WS whore is allowed in the administration. Stop the revolving door
2) No corporate whore who spends his/her time in the cabinet of his/her party of choice when his/her party is in power, only to go suck up millions in “speaking fees” while his/her party is out of power is allowed to occupy a position of power in the government
3) Execute all treasanous teabaggers like Anwar Al-Awaki
4) Tax all personal profits over $20 million dollars at 90% and helicopter drop those proceeds on the 99%.
Any other questions?
Their demands or yours?
well… since there’s no central leadership, I guess they’d be his, no?
If they tried to formulate demands they would splinter and fall apart. The common thread seems like a need to air grievances towards a system that allows and encourages extreme inequality. Banks are just a convenient target for that anger and jealousy.
Bring back the terror. Throw a few individuals with >100m net worth on the guillotine and the crowds will disperse.
First they decapitate the >100M crowd and then they come for the >10M crowd. Finally, anyone with savings in fair game.
We should execute their children too. Don’t forget the cute small guillotine’s for the infants & adolescent children of the wealthy.
5) Stop pissing away $2 BILLION/month away in Afghanistan and insisting on austerity for Medicare and Social Security
6) Put 2000 banksters on trial for the mortgage fraud just like was done in the S&L crisis.
Further questions?
Um, Question here.. can #6 start with Ba-Ba-Ba-Barney Frank and the absolutely failed Community Reinvestment Act?
Yes, the CRA (CRAZIEST RADICAL ASSHOLE) is about as important as Roger Clemmons sticking a needle in his ass.
On the other hand, Glass-Stiegel was the greatest deregulation in the history of MAN. Which led to great prosperity for Lord Dimon and King Brian Moynihan, masters of the universe who deserve the 10s of millions they bring home every month/year
Researchers at the Federal Reserve are among the many who have looked at the data and debunked the “blame the CRA” meme:
We find little evidence that either the CRA or the GSE goals played a significant role in the subprime crisis. Our lender tests indicate that areas disproportionately served by lenders covered by the CRA experienced lower delinquency rates and less risky lending. Similarly, the threshold tests show no evidence that either program had a significantly negative effect on outcomes.
http://www.scribd.com/doc/68098581/CRA-GSE-201136pap
Ok, here is some light reading to counter your “argument”. And You can’t honestly tell me you think “Researchers” at the Fedreal Reserve would actually give a non biased opinion to this debate.. Come on man!
http://online.wsj.com/article/SB10001424052748703298004574459763052141456.html
(All agree that the bursting of the housing bubble caused the financial collapse of 2008. Most agree that the housing bubble started in 1997. Less well understood is that this bubble was the result of government policies that lowered mortgage-lending standards to increase home ownership. One of the key players was the controversial liberal advocacy group, Acorn (Association of Community Organizations for Reform Now).
The watershed moment was the 1992 Federal Housing Enterprises Financial Safety and Soundness Act, also known as the GSE Act. To comply with that law’s “affordable housing” requirements, Fannie Mae and Freddie Mac would acquire more than $6 trillion of single-family loans over the next 16 years.
Congress’s goal was to force these two government-sponsored enterprises (GSEs) to purchase loans that had been originated by banks—loans that were made under the pressure of another federal law, the 1977 Community Reinvestment Act (CRA), to increase lending in low- and moderate-income communities.
From 1977 to 1991, $9 billion in local CRA lending commitments had been announced. CRA lending by large banks increased dramatically after the affordable housing mandate was in place in 1993, growing to $6 trillion today. As Ellen Seidman, director of the federal Office of Thrift Supervision, said in a speech before the Greenlining Institute on Oct. 2, 2001, “Our record home ownership rate [increasing from 64.2% in 1994 to 68% in 2001], I’m convinced, would not have been reached without CRA and its close relative, the Fannie/Freddie requirements.”)
Ottnott’s been covering Barney Frank’s fat ass on this site since almost its inception.
He’s either almost a batty as Rigged (and he’s definitely 47.5 ++) or he’s on the damn DNC payroll.
Note, he does not address the Freddie Fannie aspect of the CRA Evolution?
Poof goes the theory!
____________
BAM! Goes the data.
CRA loan areas with lower delinquency rates.
GSEs late to the subprime party.
Jumbo loans (non-GSE) with high delinquency and default rates.
I’ve heard the theories that all these bad loans arose because the CRA forced banks to make bad loans or because the GSEs were eager to buy bad loans. None of those theories begin to explain why lenders not subject to CRA would make the same (or worse) loans when they weren’t forced to, or begin to explain why the GSE appetite for loans would lead banks to make bad loans that couldn’t be sold to the GSEs.
In other words, they don’t explain the data. Those theories are just stories, true only in some alternative reality that has different data.
“I’ve heard the theories that all these bad loans arose because the CRA forced banks to make bad loans or because the GSEs were eager to buy bad loans. None of those theories begin to explain why lenders not subject to CRA would make the same (or worse) loans when they weren’t forced to”
This may be a news flash to you, but banks constantly sell their loans to other banks. You do the math. It still baffles me some people choose to not see the writing all over the damn wall.. I agree it ain’t pretty but it happened every single damn day!
Please do execute BF via a sex act with a horse.
His proposal to make the Federal Reserve a politically controlled entity was conceived in the bowels of hell itself.
Nicely said, Mssr. Awktalk.
But you forget that specific demands are self-destructive. Broad sloganeering is the way to move the masses.
As Vladimir Ilyich so often said, “The purpose of Revolution is Revolution.”
Lafarge
“Most obvious and UNstated demands”??
I see it’s all so clear now….What we have hear is a …Free-for-all BitchFest of whatever and whoever looks guilty of something…sometime…somewhere.
Did I miss anyone?
Yes, you did… 6th Grade spelling
“here”
perhaps a couple of cards in the deck, also.
after viewing several “live” feeds of protesters and reading messages scrawled across used pizza boxes I simply adjusted my spelling/ grammar and sentence structure in general to a level you could grasp without insulting your intelligence…
What they want
http://www.adbusters.org/blogs/adbusters-blog/occupywallstreet.html
” demand that Barack Obama ordain a Presidential Commission tasked with ending the influence money has over our representatives in Washington. It’s time for DEMOCRACY NOT CORPORATOCRACY, we’re doomed without it.
This demand seems to capture the current national mood because cleaning up corruption in Washington is something all Americans, right and left, yearn for and can stand behind. If we hang in there, 20,000-strong, week after week against every police and National Guard effort to expel us from Wall Street, it would be impossible for Obama to ignore us. Our government would be forced to choose publicly between the will of the people and the lucre of the corporations.
This could be the beginning of a whole new social dynamic in America, a step beyond the Tea Party movement, where, instead of being caught helpless by the current power structure, we the people start getting what we want whether it be the dismantling of half the 1,000 military bases America has around the world to the reinstatement of the Glass-Steagall Act or a three strikes and you’re out law for corporate criminals. Beginning from one simple demand – a presidential commission to separate money from politics – we start setting the agenda for a new America.
The supreme court ruled that money = speech and cannot be limited or banned in politics. So I’m afraid things are only going to get worse in this regard. Corporations are people and money is speech if you don’t like it you can OWS.
Chris, we support the Supreme Court and Herr Romney. Like the Tea Baggers, right wing extremism ignites the masses.
Lafarge
Obama is a product of the current system. You libtards are really delusional. You’re like the RonPaul cultists – “MY favorite politician, isn’t really a politician, he’s a superman who never told a lie and is 100% righteous, and he’s going to fix all you phony lying politicians by cutting your balls off!” You idiots really need to spend your time on other things, these fantasies get you nowhere.
All of these complaints about “corporatocracy” and “the 1%” are illogical. By definition, “the other 99%” could vote out of office any politicians they don’t like.
The real root cause of these protests is the fact that the big bank bailouts didn’t wipe out the stockholders in those banks and cram their debtholders down to highly diluted common, and that (of course) was because Hank “Goldman Sachs” Paulson, Timothy “Wall Street’s Butt Boy” Geithner and Ben “Real World Clueless” Bernanke were in charge, while Congress consists of a bunch of financially naive idiots who– like the bumfuck sheep that they are– did exactly what those guys told them “needed” to be done.
If Congress had simply said “Fine, we’ll insure the depositors but those banks are now essentially in Chapter 11 so their old stock is worthless and their bonds are now stock,” normal taxpayers wouldn’t have felt like major league suckers and that park across from Wall Street would be empty right now. I only hope that Europe doesn’t make the same mistake (although it seems as if that’s exactly what Sarkozy is inclined to do).
I think the reason they saved (some) shareholder value was so that the shareholders wouldn’t intentionally take the companies into bankruptcy; which pretty much destroys a “trust and credibility” business like a bank.
They needed the shareholders to jump on board. But hey, look at the amount of market capital the banks and shareholders lost and you’ll feel better. We didn’t save them much…
Exactly
The bonds were paid in full, and that’s a complete and total joke.
Banks are HIGHLY regulated and were effectively insolvent. The regulators could have instituted instant capital requirements that could have forced the banks into instant receivership while guaranteeing all the deposits, and there’s nothing the banks could have done about it, and the schumcks who ran them would then be out on their asses with nothing, as they well deserved to be for executing a “heads we win big bonuses, tails the government bails us out” form of massively leveraged gambling.
>>But hey, look at the amount of market capital the banks and shareholders lost and you’ll feel better.<<
Are you SERIOUS about this? GS stock went back north of $190/share at one point. Where the fuck would those guys have been if Hank hadn't paid off their AIG claims at 100 cents on the dollar? 100 cents on the dollar! That's bullshit!!!
Whether they know it or not, THAT'S the kind of crap those folks are protesting about.
I’m thinking that if these protests get more serious, we’re going to see much higher inflation rates in the west.
Could be a good time to look at buildings a short in bonds.. small enough that won’t hurt.
So Dollar down stocks, gaz and food up?
J you’re the best at sniffing the volatility.
Are you on Twitter bud?
No Dude I’m over 47.5 and therefore not a twitterer. Lol..
please though, don’t tell Fly my age as he will ban me.
You’re a late adapter…do you have a smartphone? or should I ask do you have a cell phone.. 🙂
J just got a cool new flip phone from Motorola. The Razor is going to be awesome!
Agreed J. I’ve got a small starter short in TLT which I’ll be building up as we go. I’d like to short TMF too.
Even if the markets don’t correct, the U.S. balance sheet is terrible and does not warrant this level of financing.
The way I see it, they don’t need denabds. The point is to strike fear in the hearts of policy makers, and to let them know that there’s a class of people who feel that the government is looking after bankers’ interests above theirs. This is simply a sign of dissatisfied people feeling that they can’t be heard through the ballot box.
They demand you pay attention. Seems to have worked.
Fly,
Look at in this through the prisms of incentives.
We see young, twenty-something dudes with no real job opportunities to speak of who still have Mom and Dad to keep them in a middle class lifestyle. These dudes see an event that is given *HUGE* media attention and there are TONS of hot chicks present – and these chicks dig dudes that protest.
Methinks the allure is understandable.
meh…….none of the hot chicks look like they have showered in about a week. Probably pretty ripe. ‘specially those zombie wannabe’s
Here you go-
http://www.stevengreenstreet.com/?p=642
This is should cheer yews up. http://thinkprogress.org/romm/2011/10/16/345064/occupy-wall-street-humor-great-cartoon-plus-the-onion/
In addition to the “keep corp money out of politics” suggestion by TheArmoTrader:
1) Separate trading from banking – no more “too big to fail” because of a “bank’s” prop book. Why should they get the upside and taxpayers get the downside?
2) Bankrupt the banks who are underwater – anybody with a shred of knowledge knows that you can destroy the shareholder without destroying the institution. And if you argue that that’s already happened, my response would be perhaps, but how am I to know for sure? How can I trust the NPL numbers — not with the mark-to-market shenanigans from a system that has proved so disingenuous?
Fly – one other thing – just because the protestors don’t understand the subject matter doesn’t mean they don’t have a point. Dreadlocks aside there are many people who work hard, study hard, and can’t get a job. We both know that the financial system in incentivised to take excessive risk and this risk-taking has helped create the economic mess we are in. That doesn’t mean though that borrowers should not be held responsible for their own reckless part.
Enjoy your blog btw – I have been following for several years – you write well – and it’s gotten better in recent months.
One last comment before church. These motherfuckers must feel a pending curb stompin’. It’s gettin’ all hot up in here. http://thinkprogress.org/politics/2011/10/15/344808/video-republicans-change-their-tune-on-the-99-percent-movement/
In other news, welcome to fucking china:
http://www.youtube.com/watch?feature=player_detailpage&v=gVvmT9SKgrQ#t=66s
From the makers of such favorites as Fetus Soup.
Holy fuck, howabout a warning, asshole?
I’ve got little kids for Christmassakes.
+++++++
LOL!
I wasn’t going to click the link.. but shit, now I kinda want to. LOL that response is Classic Jake
Seeing what the end result of Tunisia and Egypt has been, apparently the OWS is really a group of secret conservative religious operatives working at the behest of the uber far right religious conservatives. Who knew they’d want a theocracy here? Or perhaps they want a military junta?
In Amerika, we call those groups the Tea Baggers and Republicans.
Defarge
So President Goldman Sachs is really a Koch Brother operative? Who knew?
Say something interesting or stfu please.
That was directed at Mssr defarge
They are getting exactly what they are asking for “Attention”
Time to get the mace and fire hoses out and make they go away like the peasants they are!
I don’t get it, they are protesting against anyone with money, yet they show up in there Nike’s and I-Phones?
I support escalation! Good thinking.
Defarge
Jamie Dimon hanging from a lamp post. That would cheer my day.
What do you have against Dimon? He was one of two bankers that held his whole company together and really didn’t need to be bailed out.
Yeah, let’s not tolerate talent or anything…
No kidding.. Dimon is one of the shinning stars from this whole effing mess. I don’t get that statement by craptastic.. blind hatred
I walked past the Occupy Detroit movement on Friday on my way to a local jazz bar. There were about 100 people sleeping in a park, which apparently constitutes a “big deal,” as two TV stations had managed to find their way over.
On my way through the park, I saw signs that said “Capitalism is Evil,” “Need, not Greed,” and one sign for free haircuts but “No Capitalists Allowed.”
(I didn’t feel particularly left out, as I can afford my own haircuts and would rather not receive one from some chick who hasn’t bathed in a few days and is living in a park, but I digress…)
Basically, all I saw were communist wannabees. In sharp contrast to CNN statements, this really did not look like a “multifaceted and diverse gathering.” It looked like a very small group of people who all long for the same, extreme thing.
It’s the same in Houston.. it’s become an excuse to Occupy a Park and camp out and party. Mostly young confused hippie kids and old dudes with nothing better to do, just chillin in the park downtown. Pretty laughable IMO.
It’s time to get rid of our Corporatist Supreme Court, and replace the members with three farmers, two garbage collectors, two bus drivers, and two secretaries.
And have PERMANENT juries where a person serves a year before replacement (one replaced per month) and 9 of 12 is enough to convict. No jury shopping by lawyers, no special instructions, and time limit for a trial is 30 days.
Fuck the lawyers.
You really don’t think people will consider you a moron? You feel free to type that stuff?
Fuck the lawyers, who @ least have spent time thinking through the consequences of legal action. Instead, replace the lawyers with the incurious, ignorant mob who qualify merely in that they are so profoundly unexceptional.
I like your ideas, Rigged Game. Thanks for contributing them.
Like.
Protestors are angry that banks are foreclosing their homes while willing to sell the home to someone else for less than owed. Protestors are angry that they are struggling with 20% and higher credit card fees while banks were fed taxpayer money albeit repaid at 0% interest. Angry that so few can have access to a doctor while John Hammergren of McKesson, the largest distributor of both pharmaceuticals and health care I.T. system will have compensation of $131 million this year (most of it from exercising stock options). Same goes for George Paz (fifth place at $51.5 million), who runs prescription drug distributor ExpressScripts as well as Stephen Hemsley (eighth place at $48.8) of UnitedHealth Group. Angry that Google has an effective 18% tax rate just because of loopholes while the lowest wage categories will pay federal taxes of 10-15%. Angry that BAC spews out 5.00 debit card fees while promising to not charge its wealthier clients that and giving multi-million dollar severance packages to some while promising to lay off multitudes.
What do they want? Access to health care, a job, the ability to keep their house which is devalued to the moon at the value it would be given to someone else, the tea party to die (ok, me). Corporate balance sheets are known to be piled with more cash than ever while the companies trim staff. That old movie Network where you fling open the window and shout “I’m angry and I’m not going to take it anymore.”
They want one America, not the duality of have and have-not with fools in Congress unable to achieve anything substantive and punting “entitlements” of SS and Medicare and Medicaid, while dreaming of how to enrich the defense fund at close to 25% which is beyond comprehension. They want dreams of the future, as JFK gave with putting a man on the moon, not the little of today but the possibility of the future.
A non-dysfunctional government that doesn’t wear corporate sponsorship and doesn’t mix evangelical snake oil with women’s reproductive rights.
They do not want freaking Tea Partiers, I keep going back to that, to mandate packing heat in college and bars.
They do not want the ludicrosity and disrespect of this moment.
They do not want the Tea Partiers (again and again) to do away with bank regulations, they do not want to kill all regulations.
They want the Next Big Thing that can put them to work but there is nothing, only dissonance and partisanship and fools.
They do not want a Congress that “considers” whether to extend unemployment because it’s “expensive” when there are no jobs.
Wow, even on this board there’s some down-low bad – they are not protesting anyone with money, except the CEO’s of the Big Banks. They want their dream back and if they can’t have that, they want a job. And respect for men and women that are freaking homeless on the corner – there is not a safety net and many of those in wheelchairs, homeless, dreamless and lost are Iraqui and Afghani vets.
There is no National Let’s Do Something, just fools that preach and waste time pandering to their interests as Dylan Ratigan has magnificently pointed out.
Imagine, not being able to care for your family. Unthinkable in “the greatest nation on earth.”
No partisan politics, but kill the Tea Party in every paragraph. Fascinating…..
Monsieur Jake, I presume?
Nope, just an acolyte (I presume).
I only post under my own name these days… too much of a pain in the ass w. the avatar changes.
+++++++++++
Well said.
That was beautifully put.
Yes, this is America’s Howard Beale moment. But I disagree with dismissing the Tea Party (as I used to do for the same reasons). The spark that set both of these groups off is the same, whether you agree with one or the other.
The problem with both groups is that without an agenda, without demands and without something more to say than, “I’m mad as hell…” they can be pretty easily co-opted. So you end up with some asshole like Al Sharpton fronting your movement.
If only we had anything like representative leadership in government…
I understand … and (really) try to respect differences, but the absolute stance of tearing down women’s rights, of oaths to say NO leaves no negotiation for something better that is cognizant of the validity of two arguments. It is not a fine moment and that lays on Congress in its entirely. My anger is specific …
Understood.
But you see that both movements come from a feeling of utter powerlessness, right? That’s where oaths and taking away negotiation ability comes from. They feel that they are the ones who always lose when their representatives negotiate.
And they have a point. Locking every lobbyist on K street in their office and setting it on fire would make America a better place.
I wish someone would pick up on the zeitgeist of this moment and use it in the same way Jefferson, Adams, Franklin & their counterparts did. I don’t see that person in either political party, though.
Well said, I completely agree.
With regards to others comments on the tea party, it was NOT a grass roots movement, to claim that it was is simply lying fox news style (indecently where it originated). Before the good senator admonishes me I would like to say this does NOT mean that there aren’t millions of Americans out there who genuinely believe in the message of the tea party, I am simply commenting on the origins of the movement.
Having said that, there is a significant portion of those people are simply too stupid to realize that calling for more tax breaks for the wealthiest will not serve their poor asses any better than it is now.
I will only respond to your idiocy that people are “Calling for tax breaks for the wealthy.”
That’s Marxist claptrap. They are calling for smaller government, less intrusive government, less all enwrapping Federal gov’t.
That money — wherever it comes from — will do more good in the private sector than in the lazy, inefficient hands of a wasteful, unincented bureaucracy.
Get it?
Amen! And for the record: the whole idea of the Tea Party started on CNBC with Rick Santelli TJWP. And if anyone thinks these morons in “Occupy a fucking Park” aka..Income Redistribution Party (IDP)” have a good idea for how to better run this Country, you need to get your head checked. Alert, hippies already tried this shit once and it failed misearbly.
ps. I need to go to bed, because I just got off a 12 hour shift from my job.. GET ONE!Any one will do!
Ugh, (IRP).. again.. 12 hour shift
We should implement a MAXIMUM wage. When a garbage collector makes $20K, a school bus driver $32 K, and an inner city teacher $60K,
there is NO JOB WORTH MORE THAN $250K.
And to encourage sticking with this limit, my 110% tax on ALL income above $250K.
you my friend are a full on communist.
Moron is more like it.
What garbage collector makes $20K?
Incentives matter. If you are making $20K or $30K, invest time in updating your skill set to something more valuable in order to command higher income. Just b/c you are lazy, ignorant, or incompetent doesn’t justify taking opportunity away from others.
That is the dumbset sh*t I’ve heard in a long time.. talk about killing the idea of growth and ambition. Sorry you make 20K.. step up to postal worker for postal worker for 50K.. 150% pay increase
Not everyone knows how to game the system for monetary gain.
I have been watching this movement like hawk..following the comments the pictures the vids. This ain’t no Repub/Dem thing it all is melting into one. STOP THE BULLSHIT.
We approved a 700 billion bailout to ring fence the toxic shit. And 72 hours later we are buying common in AIG and C WTF? Frankly at this point whats the difference if BAC is a run like utility or not.
This aint about no fucking bell
curve..everyone on Fly’s site we already know runs faster throws harder more educated knows the meaning of knocking on doors..most but not all had the support of a great family.
This is about 0 fucking interest 0 confidence in the Govt.,and financial systems.. $4 gas– run away Health insurance run away tuition…about common folks. FUCKING CHARGING THEIR GROCERIES AND ENTERTAINMENT. PAPER OR PLASTIC.
It’s about EBT’s and fighting 4 wars while Detroit,Chicago, KC are living War Zones.
It’s about as was mentioned above $$$ in politics, greed at the top,
Yes Keynes was right Long Run We Are All Dead…but our kids and Grandkids will still be here.
Fly makes money up or down…made a fortune like all of the smart money playing The Skiffles and shorting LEH and host of others…All Joey Applebee got out of the deal was a 301K and ..now according to Greenspan, we are conditioned to what the DOW fucking Jones does as to the health of our economy. I can tell you from my little business..DOW up Sales Up DOW Down Sales stop..people hunker down.
http://tinyurl.com/3kzkl8t BLOW ME
Also beautifully put.
Truly the most animated I’ve ever seen mrkcbill.
Hope you and yours are well, Sir.
mrkcbill gets it.
Great stuff being posted! Some angry, vitriolic, intemperate, outraged. Many thoughtful, analytical, carefully crafted. And the wise, profound, serious and solution thinking. But, still the problem. My ancient orbs see a great plague on this country. Because we have been a great nation for so long, leading the world, our disease is spreading. The disease, the plague, is addiction. Addiction to not accepting responsibility, relying on support from others, refusing to build self-worth, blaming people, businesses, governments, not having goals, scrounging the systems, refusing to work, accepting failure, finding happiness in disappointment and sorrow. Oh, poor me! Folks, if you don’t have these things in or around your life, if they’ve never been part of you, you are lucky. Sort of. Listen up. Look next to you. And for God’s sakes don’t pull an O’Bama and blame it all on someone else and giving attention to the miscreants.
And the biggest addicts are the Top One Percent.
The top 1% average $1.8 million in income EACH. There are about one million of these, so their total income is $1.8 trillion. If their income was cut back to $500,000 a year, and the $1.3 trillion saved was used to create jobs, we could create 43 million $30,000 per year jobs. Or that $1.3 trillion could be used to increase the wages of the bottom half of our work force – 60 million workers – an average of $20,000 per year EACH!
$500,000 per year is $40,0000 PER MONTH. How does any sane and rational human being need more than that? These top 1% “job creators” don’t seem to realize that their excessive compensation sucks our economy dry, destroying demand and making a supply-demand economy non-functional.
Or if they DO realize it, they are not merely greedy: They are criminally insane.
Good points. John Thain getting his bonus on the eve of BofA buying them to save ML.. Wouldn’t sign unless he got it.. Was beyond greedy. A sickness of sorts.
You really need to see a shrink. Really, I mean it.
I thought you were gonna tax everyone 110% at 250k
Does this OWS movement seem real? It just appears to be a movement by the people of the people sponsored by a media or large corporate type group. The protesters are much like members of congress. Bought and paid for to promote a message.
This movement is being compared to the 70’s but it doesn’t even feel real. It feels staged and a good setup for a Michael Moore documentary or maybe another reality television series.
Marc, it is very much be orchestrated by Democratic operatives.
LOL
PLEASE! Ladies and germs and everyone, read this:
http://107.20.143.162/2011/10/15/sunday-school-the-great-illusion
You do require enlightenment, my otherwise distinguished host, if you believe all of the following:
–TARP was necessary
–with the payback of TARP, aid to the banks has ended
–the government should now stop caring what the banks do with their capital
Many, possibly most, banks are still insolvent, their poor lending decisions papered over by new “accounting” rules that allow them to greatly overstate the value of their assets and propped up by central bank promises to step in and absorb the credit risk every time the banking industry gets worried about a particular bank and threatens to pull all money and credit from it.
The bankers happily accept this support, pay themselves bonuses that ignore the real state of the balance sheet, manage foreclosure and short sale processes incompetently at best (and clearly fraudulently in many cases) and complain about any restrictions to their freedom to root through the fragile economic landscape like enormous feral hogs.
I don’t know what OWS wants, but I’m pretty sure you fuel them when you try to sound like a victim and ask: “What did Wall Street ever do?”
“Many, possibly most, banks are still insolvent, their poor lending decisions papered over by new “accounting” rules that allow them to greatly overstate the value of their assets and propped up by central bank promises to step in and absorb the credit risk every time the banking industry gets worried about a particular bank and threatens to pull all money and credit from it.
The bankers happily accept this support, pay themselves bonuses that ignore the real state of the balance sheet, manage foreclosure and short sale processes incompetently at best (and clearly fraudulently in many cases) and complain about any restrictions to their freedom to root through the fragile economic landscape like enormous feral hogs.”
99% of the wallstreet occupiers have no idea what the hell you just said.
Nor do you… perhaps a steady bowel movement would help since you’ll never get laid.
Try saying something worthwhile or STFU. LOL
Defarge
fleaBagger
Actually there is a point to what I said, but it seems to have gone right over your head (no surprise) (no poet).
What you just said is brilliant and don’t listen to anyone who tries to tell you different.
Mayor Bloomberg as allowed this travesty. Rudy Guiliani would have considered it a personal affront. Rudy would have trotted out
a Health Department representive with graphs and charts stating that it was a health issue.
At 3:00am an army of cops and sanitaion workers would clear the mess. End of story
We should all remember that Keynes (General Theory Chapter 24) advocated ” the euthanasia of the rentier, of the functionless investor”
A demand?
Everyone likes to whine and get (more)free shit.
OWS is no different, eventually they’ll get bored and leave.
The job of capitalism is to provide the lowest price to the consumer. Wages/benefits are 2/3 of corporations cost. Therefore, capitalisms job is to eliminate jobs. Fewer and fewer GOOD jobs will be an ongoing trend as has been the case since late 70’s. Protests will not overcome capitalism b/c it is was formed via the constitution. Corp’s want lowest wage professional employees, therefore ages 22-30 are desirable and then fired at age 40.
Treu. However, the currently held perception of the 99% is that the job of capitalism is to rob from the poor and give to the riche’. To permanently repress the worker so the elite may “inherit the earth.”
This may in fact be the case as it seems blatantly obvious that capitalism without any moral constraint or sense of obligation ceases to serve as a platform for upward mobility with the exception of very few.
This more than anything else is probably the rallying cry of the OWS’ers. They feel there is no chance for the pursuit of happiness promised in our constitution. Since Wall Street is the very personification of capitalism the protests are focused on what it stands for.
I say the heads of our great corporations and our government should take heed lest this indeed become a U.S. fall echo of the Arab spring.
Hence the reasoning of most large corporatians that they want to be #1 in the business segments they participate in or else sell off the business. Capitalism favors the biggest most established dominant participants. Apple can get whatever they want from their suppliers b/c of their size whether it be delivery, pricing or special favors. The constitution allowed for the start of capitalism. It cannot be stopped now until it runs it course and crashes. If you want a job, create it yourself or move or whatever it takes. Every American is given the right to pursue happiness, but no one is guaranteed to find happiness.
Whatever happened to “corporate social responsibility?” Did it move to China too?
As an aside, it gets real, real cold in NYC during November. They are all going to die in that park, as the weather Gods descend upon them.
…see, that’s the part I don’t understand?
This thing can’t POSSIBLY last past February. It’s only a few months and NYC is too friggin cold to step out of the subway, let alone sleep in a park in between the Hudson and the East Rivers that can get windy as hell on a cold night.
Therefore, why the heavy handed tactics to get them out NOW with the “power wash” ruse attempted last week? What are TPTB afraid of if they know that winter is on their side? TPTB can’t wait a few months?
Homeless people do it all the time. They seem survive all four seasons.
No they don’t. The ride the E train all night.
Welcome to New York, kid.
Winter is a bitch.
Or they’ll move out to CA.
Trust me. Bums everywhere out here.
Patagonia will ship in -40 degree sleeping bags. Lowe Alpine will truck in parkas. Columbia will deliver apres ski wear. OWS will have corporate sponsors. This Palestinian replica Kuffiya sponsored chant brought to you by the good folks at Timberline, official boots of the 99%.
Timberland?
They will get fucked up by the Turkey Gods same as bears.
This is the goal of OWS this page right here!!! and all of the others like it around the globe. These comments found right here at the humble home of the FLY. This is what it is about! The first step is get attention. Start discourse. Shine big kreig lights on the dark corners of the banks, govt, wars, insider trading, you answered your own question FLY>. the answers lie with in these pages.
that might be krieg lights or klieg lights
Klieg for sure
Excuse the ignorance but, how long has this been the HUMBLE home of Fly?
Here’s a five-step program!
http://www.rollingstone.com/politics/news/my-advice-to-the-occupy-wall-street-protesters-20111012
The turn out for these Flea Party events are small, it’s just magnified in NYC because Bloomberg gives them the platform necessary to air their dirty laundry. On the other hand the Tea Party had over a million folks, possibly 1.5 M in DC on the mall. I remember 0Bama had to leave for some sort of event, (of course the S. Service got him out of there). Imagine 0bama in Marine One as he flies over 1M angry white folks. He still hasn’t gotten over and he’s scared shitless. I say he has a nervous breakdown by next year’s election.
People don’t have nervous breakdowns in the age of Pfizer. They just take Xanax.
True enough. If scared shitless were to be the case then no need for Pampers. Huh? Black Pampers? Was that not a group somewhere?
communism is the goal
by the way, from the history we know: somebody makes money out this social-economic events, also somebody usually finance shit like that… the question is WHO?
Soros’ organizations are deeply involved in the funding, and labor unions are trying to get more involved.
By the way Dr pick up your copy of Das Kapital by Marx, everything is there: credit crises, currency crises, occupy wall street…. at the end of the day proletariat will unite and system will collapse, The problem is – there is no another system. Anarchy is the future lol ok ok we still have some time before it comes …lol
i want to see the Najarians come on fast money without the rubber bands.
Occupy Wall Street is nothing to worry about ’til Jeff Mackey joins them holding signs about car people…at like a half hour ago…
http://youtu.be/79HLnTPxMho
All of this is the result of loose credit.
There is blame to go all around.
1. Paying too much for a house that you couldn’t afford and borrowing using HELOCs to buy toys you couldn’t afford either.
2. Borrowing money to go to college for a job that will not exist when you graduate. Congratulations debt slave.
3. Banks that were all to willing to lend, knowing the system was unsustainable.
Pulling demand forward through credit has the nasty side effect of less future demand.
Guess what? You can’t have your cake and eat it too.
Underwater banks and borrowers deserve to be liquidated.
The debt has to be flushed from the system. Now we are faced with a return to sensible lifestyles and living within one’s means. A lot of people are pissed off about that.
if only things were as simple as that.
we live in an age of mark to fantasy where huge losses can be hid “off book” as long as banks can continue to be bailed out.
the volatility is real. any sense of stability or a direct path to it is an illusion.
all of the things you say are completely true, but do you think people suffering austerity and the bitter fruit of their stupid borrowing will extend their support to politicians who want to continue to bail out the banks?
you are watching a slow motion train wreck.
No Dave, it is a much better idea to punish savers and push them into risky assets to earn a return. That is a sure fire way back to stability. The free market has spoken
Agreed. Nanke’s strategy all along. Forget about Grandma and CD’s / bonds / money market. She needs to be in NFLX and RIM…
Citi kills it tomorrow and the market rallies another 300.
To answer your question Fly, the best resolution is dividing out portions of the US into states that operate on alternative laws and regulations, like the “dual sovereignty doctrine” that native Americans have.
Technically, taxation and other “Big Brother” programs could be lawfully supplanted with hypothetical programs (note we no longer reference “the Father” – I’m sure Freud has something to say there).
There are many federal lands, unused lands, where agrarian and textile projects and socialist “working-camps” could “offer”, not not commandeer, US citizens to be induced to move (e.g. make lamps, sweaters, textiles, etc.).
To exempt application of federal law: 1) some kind of dual sovereignty doctrine application (as mentioned) in newly formed states [see Art. IV Sect. 3],
2) the Supreme Court’s “new-breath” interpretation, diminished 5th and 14 amendment incorporation application that recognizes state’s rights per 9th and 10th amendments or
3) a renewed application of the Aliens and Seditions Act.
The Constitution has always, literally read, intended to provide protection to US citizens. Its over broad scope, seems to provide protections to even non-citizens in foreign territories. How about the police open administrative check points in cities, any protester without ID cards gets jailed.
IT’S A START. THERE’S A RESOLUTION. WILL IT WORK? NO. WHY? B/C FOLKS DON’T WANT ONE. THAT’S NOT THE ISSUE. ATTENTION & CODDLING ARE. caps off.
Fuck Citi!
I agree fuck Citi, as a matter of fact, I am closing my account with them since they want me to keep $6,000 in my checking account to prevent being charged $15/mo.
Regardless, they are gonna romp the shorts tomorrow.
Wow, some comments on the blog today that make no sense to me. But many many brilliant ones. Fly, you have some top notch folks who read and comment on your web site.
I am also glad to see that some people seem to be getting over their fear of disapproval by others. Previously, a lot of shy folks seemed to get stopped in their tracks by folks who insulted them because they disagreed with them. A lot less of that now.
Thanks, Fly, for getting rid of the thumbs up system. That helped. Too many people had been worrying about whether fucktarded types approved of what they said or not. Getting rid of the thumbs helps people to become more independent– a highly important endeavor.
Some of the best selling books of all time were at first turned down by publishers right and left– e.g. the Harry Potter books that children love. No one should let disapproving others stop their flow of good ideas and their expression of them.
And people shouldn’t expect others to agree and shouldn’t insult everyone who disagrees with them. Some of the best solutions to problems are concocted as a result of factors illuminated by various people who disagreed with one another. One person says “We need this.” Another says “Hey, but you left this need here out.” And someone else suggest a solution that supplies both needed things.
Thanks for asking the question you asked, Fly, and inviting comments. Your decision to do this could play a part in great solutions being found or our country and the world.
Last line should read “for” our country and the world.
More polyticks:
The Solar thing just got a little more interesting…….REALLY!
The Tonopah Solar company in Harry Reid’s Nevada is getting a $737
million loan from Obama’s DOE.
The project will produce a 110 megawatt power system and employ 45
permanent workers.
That’s costing us just $16 million per job.
One of the investment partners in this endeavor is Pacific Corporate
Group (PCG).
The PCG executive director is Ron Pelosi who is the brother to Nancy’s husband
This is a fricking joke , right?
No joke but, I can easily be convinced that it is bullshit.
If it’s true I’ll bet my best top hat and cane that the voltaic panels used for the project will be made in China.
Hand them over.
The proposed plant uses solar thermal energy. It will use mirrors, not photovoltaic panels.
Is this where you tell me that the hat and cane were made in China?
Do you understand NON-LABOR COSTS you moron?
These can run 95% to 99% on projects that require a lot of materials or subcontracted
work.
Perhaps OWS participants want a cause to join and be part of. Attention too, but it may be more of the something to believe in urge. The political side is interesting, maybe OWS is Mr. Obama’s own Tea Party.
“You cannot help the poor by destroying the rich.
You cannot strengthen the weak by seakening the strong.
You cannot bring about prosperity by discourtaging thrift.
You cannot lift the wage earner by pulling the wage payer down.
You cannot further brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away men’s initiative and independence.
You cannot help men permanently by doing for them, what they could and should do for themselves”
Abraham Lincoln (The President that our dear leader loves to compare himself to)
No one reasonable wants to weaken the truly strong. Only the crony capitalists who get corporate welfare from the government, people we bailed out with our tax money. And other recipients of corporate welfare from the government, like Haliburton and other military industrial complex companies, Blue Cross and other health insurance companies etc. And that solar company, if what is said above is correct. Although I am not saying it is. I will try to research it and find out. Our tax money should not be used to make them “strong” if that’s what you want to call it.
And it is the corporate welfare recipients who have incited class hatred. None of us want to fund these deadbeats with our taxes.
The crony capitalism and corruption is very widespread in both political parties– so people who think one of the parties is right, or comes out smelling like a rose on this issue, is deluding themselves.
are deluding themselves, I meant to type.
But we can help America by LYNCHING the top 1%.
Is that what you believe? I don’t know if anyone else recommended that on this board. If someone did, it was likely only one person out of 161 comments here.
No reasonable person wants to lynch people just because they are wealthy. If Steve Jobs were alive, no one would want to lynch him. It is obvious to people that he was a contributor, not a leech. People who got rich by robbing taxpayers are another matter.
How else do you get rid of them, and their economy-destroying behavior?
You certainly won’t do it thru our right-wing court system, thru legislation from our corporate-controlled Congress, or thru our RIGGED election system.
Since time immemorial, armed revolt by the masses has been the only way to purge the system of its wealthy corruption.
These demonstrators don’t know what they are doing.
In my day the demonstrators had cool chants like: Ho Ho Ho Chi Minh or Hey Hey LBJ How many babies did you kill today?
Lots of pepper spray, batons, and real bullets.
Hippie chicks were braless and free sex baby.
Plus so much cheap dope that Rick Ross would have made billions on his iPhone app (if we had iPhones- okay needed a rotary dial app.).
Who am I kidding?
I went to school, kept my nose clean, and sweated the first draft in years as Vietnam and Cambodia were not on my schedule of life experiences.
OWS is an inchoate reaction to over three decades of increasing corruption and inequality, affecting ALL aspects of our social system: government, legislation, capital markets, monetary policy, trade policy, judicial treatment, etc. ad nauseum. By definition this protest is and MUST BE a messy, disorganized, multifaceted, decentralized admixture.
And you want a simple fix and a clear message? You want a protest movement with no backing and no agenda (like that ever happened, anywhere)? You want explanations and cures, even as you disregard the ones that have been offered to you?
Smoke this: The protestors don’t care if the ones who profit from the existing arrangement of things don’t get it. They don’t care if you don’t like their demands or the way they look. Your scorn will embolden, not dissuade, them.
The only cure is to restore fairness and equity. We can do it the easy way, by purging corruption and revising law and policy, or the hard way, which seems more likely at this point. You could replace everyone in Congress with people who have no connections or allegiances and you *still* wouldn’t have a cure. You could replace Congress AND the Supreme Court AND nationalize all the banks and you still wouldn’t have a cure. There is no easy and quick way to make the protestors “go away.”
Go ahead and laugh. Stage a big fucking bonfire of the vanities and invite your well-heeled friends to laugh with you over caviar and Veuve. Just remember: there are a whole hell of a lot more of them than there are of you. And when you ain’t got nothin’, you got nothin’ to lose.
All due respect.
what she said…well put.
Perfectly summarized. This movement has been growing for a very long time. Platforms and leaders will emerge with time.
“The people in Egypt wanted a change in government, just like the plebs in Tunisia and Libya. What are your goals? What is the end game? Meaning: what will it take to get you off my streets? Will the bankruptcy of Banc of America, Goldman and Citi quench your thirst? Or, are you interested in something greater? By saying “the banks are greedy and they should die” is immature and silly. Real men have demands. What are yours?”
You want these fuckers out of your city? Then give ’em what they really want. The bottom 99% want just one thing…..
….to be in the top 1%!
Have Timmy G head down there with a US Treasury checkbook and start handing out blank checks. They’ll be cleared out within an hour.
1st demand should be that the FLY and the rest of you anonymous pikers reveal yourselves. At least the OWS protesters have the balls to show themselves.
…says “Piker Hater.” LOL.
EU Given One Week to Fix Crisis as G-20 Warns of Threat to World
Oct. 17 (Bloomberg) — European leaders have one week to settle differences and flesh out a strategy to terminate their sovereign debt crisis as global finance chiefs warn failure to do so would endanger the world economy.
The crisis WON’T be fixed in 1 week, and we will prob. continue to melt up.. Lol. F-ing joke..
The Demands of OWS:
1) Honor and UPHOLD the Constitution – repeal all — *ALL* — laws/policies passed that are unconstitutional.
2) Honor the Bill of Rights – repeal all laws/policies that violate any inalienable rights.
3) Ensure that JUDGES UPLOAD THE FUCKING LAW, not their damned “opinion” on it, which importantly leads to…
4) REPEAL ALL AMBIGUOUS LAWS. It shouldn’t be a law if people disagree on what it means – should it? No, it shouldn’t you stupid commie fuck. Rewrite it or get rid of it.
5) Change the tax code to one that makes fucking sense. No, I do not have a solution to that yet, but the current system sucks so bad I’m not even sure where to start. No, national sales tax won’t work either, you retards. Where in the fuck is someone gonna spend $100,000,000? Should we start the trade of States and add sales tax to that? Ok, that might work. And no – Flat tax would fall flat on its face since it still requires us to define our own income. It’s subjective grey area that can be manipulated. Bottom line – you live in the USA because THIS IS SAFEST PLACE IN THE WORLD TO MAKE MONEY. So, pay your FUCKING TAXES. — which leads to…
6) We the People reserve the right, POST FACTO, to hold public review of all tax laws (fuck it, all laws) passed and have the power to override our representatives should we determine they are not in the best interest of the country. Oh, the country = We The People. The people I speak of are: INDUSTRIOUS CONTRIBUTORS. If you plan to sit on your fat ass slurping sugar water and beer, you’ll have a rude awakening when you meet me on your front door.
6.1) IMPORTANT ADDENDUM: those allowed to vote must be educated and have an IQ of at least 130. Or, you may all vote but suffer the pain of 11) below.
7) Put checks and balances in place to govern the Fed – if required, repeal the Federal Reserve Act and – if it we REALLY think we need a central bank – rewrite it such that they are servants of the people and grant to the people a legal MANDATE to periodically and RANDOMLY audit Fed activity and approve their economic policies. How the fuck is it possible a private bank dictates the fiscal policy of the United States of America? RUFKM?? SMD.
8) Serve the PUBLIC GOOD, not the LOUDEST LOBBYIST – which is, by default, a private corporate interest. Which segues nicely into…
9) Remove ALL subsidies to corporate interests and make them ILLEGAL. Instead, use tariffs to ensure American companies operate with advantage on American soil. These US Corporation Socialist “capitalist” gobblers take profits in, but when things get bad, ask for handouts. Fuck you. SMD. Figure out another way to make money, asshole. If you can’t, then go bankrupt and let a better manager figure your shit out because you just can’t hack it. That’s CAPITALISM. Welcome to the REAL world mother fucker. If you don’t like it, go to China! Oh, you don’t’ WANT to live in China? Russia maybe? No? Iran? Egypt? HA! You sit your ass right down cuz you know you aren’t going anywhere. Bitch.
10) Outlaw earmarks on proposed bills. Hey CONgress – just because you pass a law does not equal “PROGRESS” or “GOOD JOB, TOMMY, HERE’S A BJ FROM SISTER MARY!” Progress is: REPEALING CRAP LAWS you stupid corporate-sponsored leech fucks. No, I don’t expect you to understand that, so how about this: Public money isn’t free – it’s MY MONEY. SPEND IT WELL OR LIVE IN HELL.
and also –
11) Kill all the dumb people. That one is just for me. Hmm… better add “mean selfish fucks” to that list too. Don’t wanna be left with a bunch of intelligent assholes.
That is all. Thank you.
— Spokesman for the organizationally challenged OWS.
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