Occupy Wall Street Thread Reposted

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TomCochrane

Trad climber
Santa Cruz Mountains and Monterey Bay
Oct 25, 2011 - 07:53pm PT
JEleazarian, thank you for the complement and also for correctly revealing that i don't necessarily know enough to argue this topic of economics properly

i'm just trying to understand...

also not sure whether anyone of us does, other than those creating and obfuscating the game board

however the system is clearly broken in important ways; and that is the critical topic of discussion

i try to be a 'systems thinker' and work professionally to build 'systems management tools'

my original ideas for building these tools have been so that we could properly manage the large life support systems upon which we depend for life

sadly my primary lessons learned in this have been that 'the powers that be' didn't want such tools to be generally available; but wanted to use them primarily behind closed doors for centralization of power; and not necessarily for optimum management of the systems

the argument for centralization of power is an elitist idea involving specialized superior knowledge to provide optimization of efficiency in the face of the general lack of sufficient public knowledge to make proper decisions

this principle was clearly stated by the founders of this American Republic (note: specifically NOT a Democracy)

unfortunately it appears that those who theoretically do have such sufficient knowledge are better skilled at gaining power than at using it wisely

much of the current climate of social noise seems to be directed at a general policy of massive depopulation, not for the general good of the human population

i understand the broad-based desperation behind the forming of such a draconian general policy; but don't agree with it

i continue to hold the thought that it is possible for us to grow up and wise up

such having very little to do with who is the richest or most powerful or most famous and well liked

i know enough of wealthy and powerful people to understand that they may be special people; but they certainly don't know all the answers

it takes a lot of people working together to build a workable society

it is very unfortunate that our society is collapsing; and fighting each other for control isn't what will bring it back to life
philo

Trad climber
Somewhere halfway over the rainbow
Oct 25, 2011 - 07:54pm PT
Gary you have been on a roll!
bookworm

Social climber
Falls Church, VA
Oct 26, 2011 - 09:13am PT
ows choose to challenge oakland cops?

that's like japan choosing to attack america


http://hotair.com/archives/2011/10/26/riots-erupt-in-oakland-atlanta-to-clear-out-occupiers/
TomCochrane

Trad climber
Santa Cruz Mountains and Monterey Bay
Oct 26, 2011 - 11:24am PT
Good tweet re. police violence in Oakland: "What does it say about our country when Iranian dissidents are giving US advice on how to get rid of the effects of tear gas?"
new world order-

climber
Oct 26, 2011 - 11:26am PT
The Constitution no longer applies!

We need a world government as a solution to all our problems.

A world central bank, world single electronic currency and a world army to impose the will of the world government.

Bah-ah-ah-ah....I only believe what my government and mainstream media tells me.

Would you like your RFID implanted in your head, hand or adze?

Sheeple in training... http://www.youtube.com/watch?v=LqwDqN7LNsc

bookworm

Social climber
Falls Church, VA
Oct 26, 2011 - 11:42am PT
i'll post this here because barry's pandering to the ows crowd

http://nationaljournal.com/whitehouse/obama-to-announce-student-loan-reforms-20111026


note: the repayment assistance ONLY applies to student loans that come directly from the gov and until last year, the vast majority of student loans came from the private sector and were only "guaranteed" the gov

last year, barry and congressional dems (before the repub tidal wave in the house) eliminated fed guarantees on student loans which eliminated the private student loan industry

thus, in the future, ALL student loans will come directly from the gov, meaning ALL student loans will be subject to similar "reforms" which means ALL student loans will be paid for with YOUR tax dollars which may NEVER be paid back


hopenchange
Gary

climber
From the City That Dreams
Oct 26, 2011 - 11:46am PT
Using your "capitalist island" approach, I'd like to see an island of workers who don't save and invest try to make any modern items, or any significant profit. They may or may not starve, depending on the seasonality of their food supply, but they couldn't even organize themselves without someone taking an entrepreneurial risk.

Well, John, the hunting and gathering societies, those that still exist, seem to do very well without entrepreneurs, despite the limited resources they have at hand. In most so-called primitive societies, they only put in around three days of work or so per week. You get more leisure time when you don't have to support an upper class of wealth concentrators.

Simply put, labor is not the only factor of production, nor is it the only wealth creator. Wealth comes from saving and investing. You can create wealth making $30,000 a year, if you can find a way to spend less than you make. You can fail to create wealth making $300,000 a year if you spend everything you make.

Just think how much we could save and invest if our excess wealth wasn't being siphoned off to a very tiny class of capitalists.

All I ask is to get what I produce and let the capitalists produce what they get. Fair enough?
bookworm

Social climber
Falls Church, VA
Oct 26, 2011 - 12:05pm PT
yep, just like the tea party

http://www.youtube.com/watch?v=8Vyv4zWi394
new world order-

climber
Oct 26, 2011 - 12:06pm PT
These protests will ebb and flow, maybe even get shut down. Eventually however, protests world-wide will escalate, as people lose all hope, their savings and pensions.

As the protests grow, perhaps become violent, martial law will be invoked.
apogee

climber
Oct 26, 2011 - 12:33pm PT
Anybody post this vid yet?

http://www.youtube.com/watch?v=wK1MOMKZ8BI&feature=results_main&playnext=1&list=PLCE7F1397439879DB

Won't change any minds, but will sure reinforce the supporters.

If they could lose the drums, that'd help.



Elizabeth Warren rocks!
Ken M

Mountain climber
Los Angeles, Ca
Oct 26, 2011 - 12:35pm PT
bookworm complains:


last year, barry and congressional dems (before the repub tidal wave in the house) eliminated fed guarantees on student loans which eliminated the private student loan industry

What's the difference between a loan guaranteed by the government, and a loan directly from the government, booky ?


Other than there's no parasitic, "free market" 3rd party making a profit in the exchange?

Warbler, I think there was a 50% markup on these loans by way of this private system. By eliminating it, it created a 50% more economically more efficient system, or to put it another way, made it phenominally cheaper than the system created through the private sector.

Somewhat similar to Medicare, which has costs of administration of around 3-5%, compared to the cost of private health insurance, which runs in the 35-40%.

It's that "Free Market Magic"!!
bookworm

Social climber
Falls Church, VA
Oct 26, 2011 - 01:56pm PT
ows? look out downing street; the libs, socialists, commies, anarchists, nazis, anti-semites will blow a gasket over this:

http://www.telegraph.co.uk/finance/jobs/8849420/Give-firms-freedom-to-sack-unproductive-workers-leaked-Downing-Street-report-advises.html
Gary

climber
From the City That Dreams
Oct 26, 2011 - 02:02pm PT
How about we give workers, that is: us, the right to sack unproductive corporations.
TomCochrane

Trad climber
Santa Cruz Mountains and Monterey Bay
Oct 26, 2011 - 02:05pm PT
http://www.tomdispatch.com/blog/175454/tomgram%3A_nick_turse%2C_mapping_america%27s_shadowy_drone_wars

you really should go to the site and read more

Tomgram: Nick Turse, Mapping America's Shadowy Drone Wars
Posted by Nick Turse at 5:47pm, October 16, 2011.

These last weeks, there have been two “occupations” in lower Manhattan, one of which has been getting almost all the coverage -- that of the demonstrators camping out in Zuccotti Park. The other, in the shadows, has been hardly less massive, sustained, or in its own way impressive -- the police occupation of the Wall Street area.

On a recent visit to the park, I found the streets around the Stock Exchange barricaded and blocked off to traffic, and police everywhere in every form (in and out of uniform) -- on foot, on scooters, on motorcycles, in squad cars with lights flashing, on horses, in paddy wagons or minivans, you name it. At the park’s edge, there is a police observation tower capable of being raised and lowered hydraulically and literally hundreds of police are stationed in the vicinity. I counted more than 50 of them on just one of its sides at a moment when next to nothing was going on -- and many more can be seen almost anywhere in the Wall Street area, lolling in doorways, idling in the subway, ambling on the plazas of banks, and chatting in the middle of traffic-less streets.

This might be seen as massive overkill. After all, the New York police have already shelled out an extra $1.9 million, largely in overtime pay at a budget-cutting moment in the city. When, as on Thursday, 100 to 150 marchers suddenly headed out from Zuccotti Park to circle Chase Bank several blocks away, close to the same number of police -- some with ominous clumps of flexi-cuffs dangling from their belts -- calved off with them. It’s as if the Occupy Wall Street movement has an eternal dark shadow that follows it everywhere.

At one level, this is all mystifying. The daily crowds in the park remain remarkably, even startlingly, peaceable. (Any violence has generally been the product of police action.) On an everyday basis, a squad of 10 or 15 friendly police officers could easily handle the situation. There is, of course, another possibility suggested to me by one of the policemen loitering at the Park’s edge doing nothing in particular: “Maybe they’re peaceable because we’re here.” And here's a second possibility: as my friend Steve Fraser, author of Wall Street: America’s Dream Palace, said to me, “This is the most important piece of real estate on the planet and they’re scared. Look how amazed we are. Imagine how they feel, especially after so many decades of seeing nothing like it.”

And then there’s a third possibility: that two quite separate universes are simply located in the vicinity of each other and of what, since September 12, 2001, we’ve been calling Ground Zero. Think of it as Ground Zero Doubled, or think of it as the militarized recent American past and the unknown, potentially inspiring American future occupying something like the same space. (You can, of course, come up with your own pairings, some far less optimistic.) In their present state, New York’s finest represent a local version of the way this country has been militarized to its bones in these last years and, since 9/11, transformed into a full-scale surveillance-intelligence-homeland-security state.

Their stakeout in Zuccotti Park is geared to extreme acts, suicide bombers, and terrorism, as well as to a conception of protest and opposition as alien and enemy-like. They are trying to herd, lock in, and possibly strangle a phenomenon that bears no relation to any of this. They are, that is, policing the wrong thing, which is why every act of pepper spraying or swing of the truncheon, every aggressive act (as in the recent eviction threat to “clean” the park) blows back on them and only increases the size and coverage of the movement.
CrackAddict

Trad climber
Canoga Park, CA
Oct 26, 2011 - 02:09pm PT
government is driving up the cost of higher education with too many loans. How many MFA's do we really need????

So true Fatty. Not sure why people don't see it. During the housing bubble cheap credit (directed by social policy) drove real estate prices sky high. The same thing is happening in Education right now, and just as in Real Estate, the cost of most degrees have risen beyond what they are worth in terms of future income.
CrackAddict

Trad climber
Canoga Park, CA
Oct 26, 2011 - 02:16pm PT
Just think how much we could save and invest if our excess wealth wasn't being siphoned off to a very tiny class of capitalists.

All I ask is to get what I produce and let the capitalists produce what they get. Fair enough?


OK let's see what you can produce if you don't use any products created by capitalists. How long will it take you to create a blanket? Do you even know how to make one? A toothbrush? Or a house? To gather the food you need?

Spend a month or so trying to do this. I think you may change your mind about that "excess wealth".

What makes you think your labor is worth so much? Indians and Chinese will do the work for 1/3 of what you want. And you are surprised that the middle class is shrinking? I am surprised that it has held on so long. We haven't outsourced upper management yet, so the rich are still gaining, but it will happen and we will all be poorer from it.

The real problem is there is no real "excess wealth", the Fed prints money and calls it such, but they are not adding any real capital to the system by doing this. If interest rates were allowed to rise to what the market sets, people would have incentive to save. As it stands now we have imaginary money chasing high risk returns because that is the only way to make a return. This is a forced miss-allocation of capital that leads to a recession.

The OWS people are barking up the wrong tree. Most people in the U.S. want to live in a house they can't afford, drive a car they can't afford, and eat out every night. We have a government that tells us it is all good, just keep spending, borrow as much as you need, we will push the interest rates to zero! Wall Street peddles our debt to make it happen, and when the inevitable crash occurs, we act as if we are victims, taken advantage of by these evil moustache-twirling villians!

Take some personal responsibility. Get a job, pay your taxes. LIVE WITHIN YOUR MEANS.
bookworm

Social climber
Falls Church, VA
Oct 26, 2011 - 02:24pm PT
finally, a clear explanation of ows:


Why we must lose the darn 1 percent

By FRANK J. FLEMING

Posted: 10:55 PM, October 25, 2011

The Occupy Wall Street crowd has correctly identified two distinct groups in this country: the wealthiest 1 percent and the other 99 percent, who suffer from the 1 percent’s vast wealth: The wealthiest 1 percent not only have more money than us, they have much, much more money. That’s just wrong.

It’s easy to see how the wealthiest 1 percent are devastating our country. Let’s say you took part in a raffle and won a prize of $500. Happy at your good fortune, you’d start thinking of all the neat things you could buy with $500.

But say the person next to you won $1 million. Then, suddenly, your $500 would seem like nothing in comparison, and all your ideas of what to do with that $500 would seem pathetic compared to what you could do if only you had the other person’s $1 million.

One truth would ring constantly in your mind: “That’s not fair!”

That’s what the wealthiest 1 percent do to us a nation: It’s just impossible to appreciate our affluence while other people are allowed to have so much more than us.

Sure, we could instead compare ourselves to the poor in other nations who live on a dollar a day or the poor throughout history who lacked all the freedoms, opportunity and technology we have -- but it’s too depressing to think about those people. Instead, we just need to do something about the wealthiest 1 percent.

Some might say one person’s income doesn’t affect another’s, and people should only worry about improving their own finances, but this is ignorant of how math works: None of us can get ahead while the 1 percent are around.

Let’s say you had two apples and another person -- let’s call him “Rich” -- also had two apples. If you then got one more apple and Rich got 80 more apples, would you now have more apples? No, you’d have fewer apples -- fewer than that other guy who has an unfair number of apples!

See, the wealthiest 1 percent prevent us from getting ahead because any time we improve our incomes, we spend more on businesses and services, and guess who that helps? The 1 percent. Getting ahead just isn’t worth the knowledge that the rich are getting richer.

There’s no point in working hard to try to become one of the 1 percent ourselves, because what’s the chance of that happening? One in 100? Who would play a lottery with odds that bad?

No, instead of working hard, the 99 percent can only sit and protest on Wall Street until the wealthiest 1 percent are torn down.

Here’s the thing: They’re the 1 percent, but we’re the 99 percent. Their wealth may be much more than ours, but 99 is a much bigger number than one. So we should just gang up and take their money.

When one person takes the property of another, that’s tyranny, but when lots of people get together and do it, that’s democracy. So we should legislate that the 1 percent no longer get to keep that vast wealth and must instead distribute it among the rest of us. (I should get the largest portion because it was my idea.)

After we’ve taken care of their wealth, to keep the nation happy and prosperous we should pass a law making it illegal for there to be a wealthiest 1 percent -- this country should just be the normal 99 percent.

Sure, that isn’t mathematically possible, but government shouldn’t be about what’s possible; it should be about what’s fair.

Frank J. Fleming’s e-book, “Obama: The Greatest President in the History of Everything,” will be released by HarperCollins on Nov. 15.



TomCochrane

Trad climber
Santa Cruz Mountains and Monterey Bay
Oct 26, 2011 - 02:29pm PT
http://www.tomdispatch.com/blog/175454/tomgram%3A_nick_turse%2C_mapping_america%27s_shadowy_drone_wars

America’s Secret Empire of Drone Bases
Its Full Extent Revealed for the First Time
By Nick Turse

They increasingly dot the planet. There’s a facility outside Las Vegas where “pilots” work in climate-controlled trailers, another at a dusty camp in Africa formerly used by the French Foreign Legion, a third at a big air base in Afghanistan where Air Force personnel sit in front of multiple computer screens, and a fourth at an air base in the United Arab Emirates that almost no one talks about.

And that leaves at least 56 more such facilities to mention in an expanding American empire of unmanned drone bases being set up worldwide. Despite frequent news reports on the drone assassination campaign launched in support of America’s ever-widening undeclared wars and a spate of stories on drone bases in Africa and the Middle East, most of these facilities have remained unnoted, uncounted, and remarkably anonymous -- until now.

Run by the military, the Central Intelligence Agency, and their proxies, these bases -- some little more than desolate airstrips, others sophisticated command and control centers filled with computer screens and high-tech electronic equipment -- are the backbone of a new American robotic way of war. They are also the latest development in a long-evolving saga of American power projection abroad -- in this case, remote-controlled strikes anywhere on the planet with a minimal foreign “footprint” and little accountability.

Using military documents, press accounts, and other open source information, an in-depth analysis by TomDispatch has identified at least 60 bases integral to U.S. military and CIA drone operations. There may, however, be more, since a cloak of secrecy about drone warfare leaves the full size and scope of these bases distinctly in the shadows.
lostinshanghai

Social climber
someplace
Oct 26, 2011 - 02:50pm PT
Rumor going on about last night’s Oakland’s riot, seems there were three white guys in a black van with no license plates parked for five to ten minutes then left. The driver and the other two passengers had hoods on and yelling $100.00 plus a brick to anyone that want’s them.

One protestor seeing the brick and asked where did you get that? The one protestor with his brick in hand said down the street, gave the description of the van and said make sure you ask for the guy that goes by the name “The Evil One”.

Hey! Fatty noticed you had not posted during the night till this morning. Where were you last night?
CrackAddict

Trad climber
Canoga Park, CA
Oct 26, 2011 - 02:57pm PT
Let’s say you had two apples and another person -- let’s call him “Rich” -- also had two apples. If you then got one more apple and Rich got 80 more apples, would you now have more apples? No, you’d have fewer apples -- fewer than that other guy who has an unfair number of apples!

Funny. And true.
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