Skip to main content

I've seen this pic going around Facebook, posted by some of my right-wing friends.  The problem is, it misses the point.

 

"Occupy Wall Street" isn't about what "evil" corporations produce; it's about the misconduct of some big corporations. 

 

From what I've picked up, all the 'Occupiers' want is an even playing field. 

A major source of their anger is the big banks, who got bailed out then turned around and thanked us by keeping their greedy hands out, asking for more (currently, that's in the form of adding on debit card and checking account fees) even though they are making record profits. 

Also, so far only two Wall Street crooks have gone to prison for their misconduct that led to the financial crisis (Michael J. McGrath Jr. and Lee B. Farkas). That, in itself, is an outrage.

 

 

Original Post

Replies sorted oldest to newest

Here's what they're protesting. (I didn't post all of it; refer to the link if you want the full list.)

 

http://nycga.cc/2011/09/30/dec...on-of-new-york-city/

 

Declaration of the Occupation of New York City

 

They have taken our houses through an illegal foreclosure process, despite not having the original mortgage.

They have taken bailouts from taxpayers with impunity, and continue to give Executives exorbitant bonuses.

They have continuously sought to strip employees of the right to negotiate for better pay and safer working conditions.

They have held students hostage with tens of thousands of dollars of debt on education, which is itself a human right.

They have consistently outsourced labor and used that outsourcing as leverage to cut workers’ healthcare and pay.

They determine economic policy, despite the catastrophic failures their policies have produced and continue to produce.

They have donated large sums of money to politicians, who are responsible for regulating them.

They continue to block alternate forms of energy to keep us dependent on oil.

They continue to block generic forms of medicine that could save people’s lives or provide relief in order to protect investments that have already turned a substantial profit.

They continue to create weapons of mass destruction in order to receive government contracts.

 

I see nothing on the list about being against smartphones.

You know your movement is catching on, especially when the national media takes notice. In the month before the protests began the news media had something to say about “corporate greed” only 164 times. In the month since, there have been over 1800 references to corporate malfeasance.

 

You know your movement is starting to make waves when the other side starts to send agents provocateur into your midst, à la Scott Walker,in a deliberate attempt to cause trouble, grab media coverage to sabotage your message and hope the public will paint the whole movement as a mob of malcontents.

 

You know your movement is starting to cause a stir when Glenn Beck launches one of his wild predictions about the aim and outcome of your protests.

 

And, finally, you know your movement has sympathetic ears in the public when a former Congressman comes out in favor of your movement, gives voice to all your grievances in one neat little 30-second narrative, and receives a standing ovation.

 

Watch it here:

http://www.youtube.com/watch?v=Wtjbi3YI5GM&feature=youtube_gdata_player

Propie,

The crowds are of a few hundred to a couple of thousand --NYC, at most.  The MSM media will highlight a couple of dozen in DC, but almost ignore over 1 million tea partiers, the largest demostration in DC.  Living there for almost 11 years, I saw this again and again.

 

Scott Walker stated they thought of using outsiders, but didn't procede because it was a bad idea.  Please provide examples.  The crowd in NYC is attracting criminals who use them to hide out -- that's the main reason Giuiliani scattered the street vendors and enforced licensing. 

 

Glenn Beck -- still around?  Guess you are one of the few watching!  Does his audience exceed the 16,000 who watch Olbermann.

 

There are congressmen who will give their approval to anything -- media wh*r*esons.

Originally Posted by Buttercup:

I've seen this pic going around Facebook, posted by some of my right-wing friends.  The problem is, it misses the point.

 

"Occupy Wall Street" isn't about what "evil" corporations produce; it's about the misconduct of some big corporations. 

 

From what I've picked up, all the 'Occupiers' want is an even playing field. 

A major source of their anger is the big banks, who got bailed out then turned around and thanked us by keeping their greedy hands out, asking for more (currently, that's in the form of adding on debit card and checking account fees) even though they are making record profits. 

Also, so far only two Wall Street crooks have gone to prison for their misconduct that led to the financial crisis (Michael J. McGrath Jr. and Lee B. Farkas). That, in itself, is an outrage.

 

 

What misconduct has the "evil" corporations done? Make a profit?

 

All the occupiers want is a level playing field? Anyone in America can apply themselves and become successful. It's hard work and takes time. Can't get any more level than that. These people want high paying jobs with no skills. They feel entitled, that's now it works.

 

A major source of their anger is the banks? My major source of anger is the government that gave the banks the money. I'm not angry at the banks. They should have been allowed to collapse.

 

How many Washington crooks have gone to jail for the collapse? The occupiers anger is misdirected. Of course their anger is being channeled by the Obama administration. It's part of their re-election strategy. The whole 99% class warfare idea is a campaign strategy. The problem is not banks and corporations, it's our own government.

The pendulum of regulation has swung so far in the opposite direction that banks are handcuffed on the loans they can make. Banks make money by paying out money on the short end of the yield curve and loaning money on the long end of the yield curve. The banks make money on the spread between the 2. The recent "Fed Twist" flattened the intermediate and long end of the curve, hence, shrinking the spread that banks make.

 

Also, the Dodd/Frank/Durbin regulations limited the amount that banks could charge retailers on debit card transactions, which is were banks make their money on debit cards. In order to offset that loss of revenue they are now passing the cost on to the card holders. You may also notice that "rewards programs" on debit cards were also eliminated due to the Durbin Legislation. What did some of you think would happen?

 

There will be big layoffs in the financial sector this quarter, which I guess is what these protesters and many on this board are pulling for.

Declaration of the Occupation of New York City

 

They have taken our houses through an illegal foreclosure process, despite not having the original mortgage.

They did, and got caught.  Its costing them millions in penalties, lawsuits and overtime.  In short, a matter best handled by the courts, than odiferous ones.


They have taken bailouts from taxpayers with impunity, and continue to give Executives exorbitant bonuses.

 

Yes, and most was banks paid it back, with interest.  Banks should have to accept the doctrine of moral hazard like most of us.  If, they require help, require the banks to accept de facto bankruptcy, which obviates compensation packages. Once the auditors have reviewed the bank’s activities, allow the portions that made a profit to collect all, or a portion of their bonuses depending upon goals met.  For the money losers, no bonus, salary only. If they threaten to leave, show the exit, while reminding them the greatest concentration of irreplaceable men is found at a cemetery.


They have continuously sought to strip employees of the right to negotiate for better pay and safer working conditions.

Not really, OSHA has regulated safety for years. Other federal inspectors had been in bed (literally) with those they are supposed to inspect.

They have held students hostage with tens of thousands of dollars of debt on education, which is itself a human right.

It’s a federal law that student loans may not be dispensed with in bankruptcy court.  The government now controls all student loans. Please, pray tell, give incidents when the banks held a gun to a student’s head and demanded they take out a loan.  The students did this of their own freewill.  In many cases, they chose avenues of learning that couldn’t cover the cost to repay their loans – should have done market research first.


They have consistently outsourced labor and used that outsourcing as leverage to cut workers’ healthcare and pay.

 

Mainly for unskilled labor, get an in-demand skill and they will hire you, even in this economic environment.

They determine economic policy, despite the catastrophic failures their policies have produced and continue to produce.

Crony capitalism produces this monstrosity.  Suggest they demonstrate at 1600 Pennsylvania Avenue.  And, the DNC HQ.  RNC deserves a few zombies outside their doors, as well.

 

They have donated large sums of money to politicians, who are responsible for regulating them.

See above!  Plus, send a few Pelosi and Reid’s way, as well.


They continue to block alternate forms of energy to keep us dependent on oil.

Not really, the government has wasted billions on unproductive research.  T. Boone Pickens recently pointed out that natural gas in much less expensive than wind power. Spain’s green job initiative destroyed 2.1 jobs for every one green job.  Partial reason for their present financial difficulties


They continue to block generic forms of medicine that could save people’s lives or provide relief in order to protect investments that have already turned a substantial profit.

Others on this forum said it best.


They continue to create weapons of mass destruction in order to receive government contracts.

 

This statement demonstrates their sheer pig ignorance.  Of the three classes of  WMD, US corporations have done almost nothing to create new WMD.  Chemical agents are now banned.  And, we are well on our program to destroy the existing ones – see Anniston Depot.  Biological weapons were banned and were never deployed.  Only small amounts of chemical or biological agents are kept for laboratory purposes to determine how to defeat and protect against them.  Nuclear weapon development is pretty much on hold, or planning only.  No new programs there. I used to plan the movement for such weapons.  So, I know of what I write.

Originally Posted by Buttercup:

 

"Occupy Wall Street" isn't about what "evil" corporations produce; it's about the misconduct of some big corporations. 

 

From what I've picked up, all the 'Occupiers' want is an even playing field. 

A major source of their anger is the big banks, who got bailed out then turned around and thanked us by keeping their greedy hands out, asking for more (currently, that's in the form of adding on debit card and checking account fees) even though they are making record profits. 

 


 

It's been pointed out many times, the anger is justified but mis-placed...All these so-called "evil" cororations are enabled by government.

 

Take away government favors and make them face the profit/loss system on their own.

 

BTW, the $5 fee is a direct result of government intervention...

Originally Posted by b50m:

They continue to block generic forms of medicine that could save people’s lives or provide relief in order to protect investments that have already turned a substantial profit.


Obama made the deal with Pharma to give patent rights for 12 years instead of 5, blame him.

After lobbyist pressured to remove support for the healthcare reform bill if it was modified, and he wasn't even trying for five, which is what traditional pharmaceuticals receive, but seven.

 

In the end it would end up with the same results, tons of advertising and manufactured outrage about how the Democrats are taking away companies incentive to create new drugs due to wanting to reduce the period, and ignoring the fact that both parties originally wanted to increase it to 12 due to PhRMA pressure in the first place.

 

The problem is not who's administration it happened, it's why it happened in the first place. Neither party is really looking out for you.

Originally Posted by ferrellj:

What misconduct has the "evil" corporations done? Make a profit?

 

All the occupiers want is a level playing field? Anyone in America can apply themselves and become successful. It's hard work and takes time. Can't get any more level than that. These people want high paying jobs with no skills. They feel entitled, that's now it works.

 

A major source of their anger is the banks? My major source of anger is the government that gave the banks the money. I'm not angry at the banks. They should have been allowed to collapse.

 

How many Washington crooks have gone to jail for the collapse? The occupiers anger is misdirected. Of course their anger is being channeled by the Obama administration. It's part of their re-election strategy. The whole 99% class warfare idea is a campaign strategy. The problem is not banks and corporations, it's our own government.

============================================================================

 

Here's why those two got sent to prison:

http://www.housingpredictor.co...inancial-crisis.html

 

You can't just "apply yourself and become successful" in this country anymore.  That's the kind of advice that belongs in unsold motivational books.

 

Plenty of people have done the right things: they went to college, applied themselves, worked hard at their jobs to acquire experience, only to be laid off during this recession.  The new reality is some of these people used to make $100K/year and now they can't even get a call back from McDonald's. 

 

Technology and cheap foreign labor have replaced our good jobs.  It's time for a paradigm shift where job creation is concerned; it's time to think - and, geez, I hate this cliche - outside the box.  And that has to start with a public-private partnership, which is how the U.S. became a superpower of innovation in the first place.    

 

Originally Posted by Buttercup:
It's time for a paradigm shift where job creation is concerned; it's time to think - and, geez, I hate this cliche - outside the box.  And that has to start with a public-private partnership, which is how the U.S. became a superpower of innovation in the first place.    

 



A "public-private partnership" is not the answer...it is the problem...

 

IF YOU DON’T UNDERSTAND HOW THEY ARE SCREWING YOU, YOU ARE JUST GOING TO

KEEP GETTING SCREWED

 

“Capitalism” is not the problem.  The rich are not the problem. But the real power elite would love for you to think they are. It takes the focus off of them.

 

Hereʼs the problem:"

 

READ THE REST

Originally Posted by interventor1212:

Drugs should remain at seven, like most patents.

Patents are 20 years.  When it comes to drugs however, since they are usually patented at the very beginning of the testing phase drug companies typically only get around 7 years of exclusively.

 

The issue isn't really about the patent length anyways, it's over access of data you would need to make a biosimilar drug. This is NOT the same as a generic drug.  Generics are basically small molecule drugs, and are usually possible by reverse engineering samples in a lab, or waiting for the patent to expire.   Biosimilar drugs are usually more complex and are actually made from proteins where it's impossible to reverse engineer if you don't know all the conditions and techniques used to reach the goal.   Think of it like this.  You may can figure out that the Big Mac's special sauce is thousand island dressing, but you'll never get it to taste right as you don't know if the pickles and onions added are cooked in a special pan, to a specific temperature or if the sugar they use is cane sugar or table sugar and so forth.

 

This does not mean that there isn't a level of trade secrets that have to be known to make some generic drugs, but in those cases that info is protected by law for 5 years, not the 12 that requested by the RhRMA and was set in both the Democrat and Republican healthcare proposals. Note having this knowledge still does not invalidate the original patent.  The whole stink came when Obama proposed to reduce the protection to 7 years from the requested 12.  The lobbyist group shut that down and in the end got 12 and more.

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×