A Sign Occupy Wall Street Is Having Political Impact

[georgephillip]

Well one thing we know for certain. You sure as hell don't create jobs by cutting taxes on the wealthy. We're the world's saddest authority on that subject and it took us over 30 years to learn it.

Rich Americans Save Tax Cuts Instead of Spending, Moody's Says - Bloomberg

"Tax cuts in 2001 and 2003 under President George W. Bush were followed by increases in the saving rate among the rich, according to data from Moody’s Analytics Inc. When taxes were raised under Bill Clinton, the saving rate fell."

Rich Americans Save Tax Cuts Instead of Spending, Moody's Says - Bloomberg

Jobs come from demand in an economy that relies on consumption to supply two-thirds of GDP.
Much investor class income comes from shipping middle class jobs to slave-wage states like China.

Only one state has ever lost more jobs in a single decade than the US between 2000-2010, and that was the USSR in its last ten years of existence.

So I save my tax cuts where does that capital go?
In a box somewhere?
Every nickel saved is invested.
Savings are invested as capital. Capital is the life blood of job creation.
Americans do not save enough. Tax cuts are always good.
There has never been one job shipped anywhere.
The jobs left because someone more qualified was willing to do the same simple menial low skill dumb ass job FOR LESS.
Called competition, something Americans have lost track of.

Labor is the life blood of job creation; it is also prior to and independent of capital.
You should distinguish between whether your nickles are invested in productive enterprises or used to gamble in Wall Street's casino. Those investing their time and money in 2004 to make mortgage backed securities as big a cash cow as the $12 trillion corporate credit market helped fuel the biggest transfer of private debt into public debt in history.

A debt that will be passed to your children and theirs.

Authentic level playing field economic competition was tried in this country over a hundred years ago, and the capitalists found it was impossible to control. Their solution was monopolies and trusts that have evolved in ways to ensure those who pay the biggest bribes to government prosper at the expense of a majority of productive citizens.

US jobs left because US unions did NOT have voting representatives sitting on the boards of directors of the corporations they worked for, unlike German workers. The jobs may not be coming back; however, the spoils can still be redistributed.

 

[CrusaderFrank]

Fun to see the morons on this board try to trivialize what the OWS movement has accomplished.

Now we see a major acknowledgement of how much the wages have failed to keep up with the income of the corperations and the very wealthy. How the redistribution of wealth for the last 30 years has been from the working and middle class to the very wealthy.

And more and more Americans are realizing that we have to turn that around, and move that wealth back to those that created it. That is now the discussion. And the very wealthy and their ass kissers are doing everything they can to say that this is not happening. From the highly paid liars like O'Liely to the ass kissers of wealth that post on this board.

But it is happening. Here, and around the world. The net has created instant communication, and given people access to information on a scale unprecedented in the history of the world. The last time there was a revolution like this was when the printing press was invented, and suddenly anyone with a bit of money could distribute information in the form of cheaply created pamplets and books. The result was the Enlightenment that resulted in many revolutions, our own included.

Now, you need no money at all. And even though the very wealthy are funding thier mega-media liars to the tune of billions, the truth is getting through. And, boy, do the people like the Koch brothers and their ass kissers hate it!

Fuck you, Komrade

 

[CrusaderFrank]

American Democrats are to the economic Left of real Communists and continue to embrace the 100% failed ideology of economic redistribution

They need a one way ticket to North Korea, the perfect redistrubutor and lowest Carbon footprint on the planet

 

[Dot Com]

OWS has changed the question from how do we cut deficits to how do we create jobs.

Well one thing we know for certain. You sure as hell don't create jobs by cutting taxes on the wealthy. We're the world's saddest authority on that subject and it took us over 30 years to learn it.

Rich Americans Save Tax Cuts Instead of Spending, Moody's Says - Bloomberg

Fucking moron.

Lighten up Francis. If you can't say anything nice (refute his link) 57Frank then don't say anything at all

 

[Dot Com]

American Democrats are to the economic Left of real Communists and continue to embrace the 100% failed ideology of economic redistribution

They need a one way ticket to North Korea, the perfect redistrubutor and lowest Carbon footprint on the planet

 

[CrusaderFrank]

Well one thing we know for certain. You sure as hell don't create jobs by cutting taxes on the wealthy. We're the world's saddest authority on that subject and it took us over 30 years to learn it.

Rich Americans Save Tax Cuts Instead of Spending, Moody's Says - Bloomberg

Fucking moron.

Lighten up Francis. If you can't say anything nice (refute his link) 57Frank then don't say anything at all

Your failed ideology has given us our first downgrade, 84% employment, biggest debt and deficits in human history, and the only program you stopped supporting is the manned US space program. It's a moronic failed ideology from fucking morons.

True story.

 

[Dot Com]

Fucking moron.

Lighten up Francis. If you can't say anything nice (refute his link) 57Frank then don't say anything at all

Your failed ideology has given us our first downgrade, 84% employment, biggest debt and deficits in human history, and the only program you stopped supporting is the manned US space program. It's a moronic failed ideology from fucking morons.

True story.

The T-Party downgrade? That was peanuts compared to what the last Repub admin *cough* "accomplished"

 

[CrusaderFrank]

Lighten up Francis. If you can't say anything nice (refute his link) 57Frank then don't say anything at all

Your failed ideology has given us our first downgrade, 84% employment, biggest debt and deficits in human history, and the only program you stopped supporting is the manned US space program. It's a moronic failed ideology from fucking morons.

True story.

The T-Party downgrade? That was peanuts compared to what the last Repub admin *cough* "accomplished"

Lie all you want about the Democratic downgrade call it whatever you want we know its Obamas spending crack pipe downgrade

 

[bripat9643]

I hope people remember Obama's antisemitic, Marxist OWS for 2012

CrusaderFrank is a liar.

To be clear: Occupy is neither Marxist, nor antisemitic, nor Obama's.

Wrong. The evidence that they are both is abundant. There are hundreds of YouTube videos of OWS goons making anti-Semitic remarks.

[ame=http://www.youtube.com/watch?v=l3Y9CARUwio]Anti-Semitism at Occupy Wall Street Protest [CLEAN VERSION] - YouTube[/ame]

 

[Dragon]

Wrong. The evidence that they are both is abundant. There are hundreds of YouTube videos of OWS goons making anti-Semitic remarks.

There are hundreds of videos of ONE person, whom the videos ALLEGE to be part of Occupy, making antisemitic remarks.

Occupy is neither Marxist, nor antisemitic, nor Obama's. That's not to say that a tiny fraction of those participating in it might be Marxist (actually I know for a fact that this is so), nor even that of all the participants there might be one or two who are antisemitic. But the movement as a whole is neither.

 

[Gadawg73]

"Tax cuts in 2001 and 2003 under President George W. Bush were followed by increases in the saving rate among the rich, according to data from Moody’s Analytics Inc. When taxes were raised under Bill Clinton, the saving rate fell."

Rich Americans Save Tax Cuts Instead of Spending, Moody's Says - Bloomberg

Jobs come from demand in an economy that relies on consumption to supply two-thirds of GDP.
Much investor class income comes from shipping middle class jobs to slave-wage states like China.

Only one state has ever lost more jobs in a single decade than the US between 2000-2010, and that was the USSR in its last ten years of existence.

So I save my tax cuts where does that capital go?
In a box somewhere?
Every nickel saved is invested.
Savings are invested as capital. Capital is the life blood of job creation.
Americans do not save enough. Tax cuts are always good.
There has never been one job shipped anywhere.
The jobs left because someone more qualified was willing to do the same simple menial low skill dumb ass job FOR LESS.
Called competition, something Americans have lost track of.

Labor is the life blood of job creation; it is also prior to and independent of capital.
You should distinguish between whether your nickles are invested in productive enterprises or used to gamble in Wall Street's casino. Those investing their time and money in 2004 to make mortgage backed securities as big a cash cow as the $12 trillion corporate credit market helped fuel the biggest transfer of private debt into public debt in history.

A debt that will be passed to your children and theirs.

Authentic level playing field economic competition was tried in this country over a hundred years ago, and the capitalists found it was impossible to control. Their solution was monopolies and trusts that have evolved in ways to ensure those who pay the biggest bribes to government prosper at the expense of a majority of productive citizens.

US jobs left because US unions did NOT have voting representatives sitting on the boards of directors of the corporations they worked for, unlike German workers. The jobs may not be coming back; however, the spoils can still be redistributed.

What do you pay labor with?
Fruits and vegetables.
How many hours will you work for me for a dozen oranges?
CASH is the fruit.

 

[Sunni Man]

Wrong. The evidence that they are both is abundant. There are hundreds of YouTube videos of OWS goons making anti-Semitic remarks.

There are hundreds of videos of ONE person, whom the videos ALLEGE to be part of Occupy, making antisemitic remarks.

Occupy is neither Marxist, nor antisemitic, nor Obama's. That's not to say that a tiny fraction of those participating in it might be Marxist (actually I know for a fact that this is so), nor even that of all the participants there might be one or two who are antisemitic. But the movement as a whole is neither.

The basic theme of the OWS protests was that all wealth need to be divided and shared equally with everyone.

That is Marxism/Communism 101

 

[The T]

American Democrats are to the economic Left of real Communists and continue to embrace the 100% failed ideology of economic redistribution

They need a one way ticket to North Korea, the perfect redistrubutor and lowest Carbon footprint on the planet

 

[bitterlyclingin]

(The #OWS ers were indeed busy this weekend. What hath 'Granny Piven' wrought? And Barry too?)

"Guess how many people were beaten to death at Tea Party rallies?"

Weasel Zippers » Blog Archive » Occupy Nashville: Two Female Protesters Beat The Snot Out of Each Other On Christmas…

Weasel Zippers » Blog Archive » Occupy DC: 300-Pound Protester Vomits On Women, Kicks Cop In The Groin Sending Him To The Hospital…

Weasel Zippers » Blog Archive » Occupy Eugene Protester Beaten And Choked To Death Inside Camp…

Weasel Zippers » Blog Archive » Occupy Wall Street Leaders Promise “Asymmetrical Warfare Strategies” Bringing Us “One Step Closer To Revolution” In 2012…

» Obama’s embrace of Occupy movement working out great - Le·gal In·sur·rec·tion

 

[CrusaderFrank]

OWS: Antisemitic, Marxist, Obama's and violent

 

[The T]

OWS: Antisemitic, Marxist, Obama's and violent

Obama Compares Occupy Wall St. To Tea Party: ‘I Understand The Frustrations’

Obama thinks they're the same...

“I understand the frustrations that are being expressed in those protests. In some ways, they’re not that different from some of the protests that we saw coming from the Tea Party, both on the left and the right. I think people feel separated from their government, that the institutions aren’t looking out for them and that the most important thing we can do right now is those of us in leadership, letting people know that we understand their struggles, we are on their side and that we want to set up a system in which hard work, responsibility, doing what you’re supposed to do, is rewarded, and that people who are irresponsible, who are reckless, who don’t feel a sense of obligation to their communities and to their companies and to their workers, that those folks aren’t rewarded.”

 

[Katzndogz]

I certainly hope that they get their revolution in 2012. It's time to take off the gloves.

 

[OohPooPahDoo]

For those saying that Occupy Wall Street hasn't had a concrete effect, take a look at this. It's not much, but it's a little something. The leaders of the House Financial Services Committee announced yesterday that they will be holding hearings on the SEC's practice of concluding settlements with Wall Street defendants without forcing the accused to admit to wrongdoing.

This whole thing seems to be the creature of ranking Republican Spencer Bachus.
From his site:

"The SEC’s practice of using 'no-contest settlements' has raised concerns about accountability and transparency, and I’m pleased the Committee will examine these concerns in a bipartisan manner," said Chairman Bachus.


If they actually do something about this, then it'll be time to give them a pat on the back. But in the meantime, we can expect to see a lot of things like this in an election year marked by an absence of a real galvanizing message coming from either party. With OWS and populist anger generally filling that messaging void, there are going to be a lot of politicians who will look to capitalize by doing things like, for instance, beating up on the SEC in a few days of well-publicized but ineffectual hearings.

Spencer Bachus to positioning himself as a champion of Wall Steeet reform is, of course, hilarious. Not only was he one of the leaders of the opposition to even the very mild Dodd-Frank reform, he went out of his way to stall changes to the rules governing derivative trades that would have prevented abuses like JP Morgan Chase's rape of Jefferson County, Alabama. This was particularly egregious because Bachus, who was the House's third-biggest recipient of Wall Street money and a heavy beneficiary of donations from Chase, happened to be Jefferson County's congressman.

So this guy is no enemy of the banks.

Read more: A Sign Occupy Wall Street Is Having Political Impact | Matt Taibbi | Rolling Stone

I think Republicans and Democrats ought to be able to agree that rampant allowing of non-contest settlements is bad. Certainly allowing one every now and then has its purpose (when the evidence is shaky, for instance, or when the crime is a strict liability crime and the perpetrator had no ill intention) - but if a company has done wrong and they won't admit to it, they shouldn't be able to just buy their way out of making that admission.

 

[Katzndogz]

Wrong. The evidence that they are both is abundant. There are hundreds of YouTube videos of OWS goons making anti-Semitic remarks.

There are hundreds of videos of ONE person, whom the videos ALLEGE to be part of Occupy, making antisemitic remarks.

Occupy is neither Marxist, nor antisemitic, nor Obama's. That's not to say that a tiny fraction of those participating in it might be Marxist (actually I know for a fact that this is so), nor even that of all the participants there might be one or two who are antisemitic. But the movement as a whole is neither.

The basic theme of the OWS protests was that all wealth need to be divided and shared equally with everyone.

That is Marxism/Communism 101

What are you going to do about it?

Isn't it time for the 99% to fight back against the 1% of unwashed? When they have their disruptions it's time for people to step up to the plate and drive them off. Stop letting them get away with it. Fight back for crying out loud, stop posting futile complaints on a forum. If they are looking for a revolution, give it to them.

 

[Katzndogz]

For those saying that Occupy Wall Street hasn't had a concrete effect, take a look at this. It's not much, but it's a little something. The leaders of the House Financial Services Committee announced yesterday that they will be holding hearings on the SEC's practice of concluding settlements with Wall Street defendants without forcing the accused to admit to wrongdoing.

This whole thing seems to be the creature of ranking Republican Spencer Bachus.
From his site:

"The SEC’s practice of using 'no-contest settlements' has raised concerns about accountability and transparency, and I’m pleased the Committee will examine these concerns in a bipartisan manner," said Chairman Bachus.


If they actually do something about this, then it'll be time to give them a pat on the back. But in the meantime, we can expect to see a lot of things like this in an election year marked by an absence of a real galvanizing message coming from either party. With OWS and populist anger generally filling that messaging void, there are going to be a lot of politicians who will look to capitalize by doing things like, for instance, beating up on the SEC in a few days of well-publicized but ineffectual hearings.

Spencer Bachus to positioning himself as a champion of Wall Steeet reform is, of course, hilarious. Not only was he one of the leaders of the opposition to even the very mild Dodd-Frank reform, he went out of his way to stall changes to the rules governing derivative trades that would have prevented abuses like JP Morgan Chase's rape of Jefferson County, Alabama. This was particularly egregious because Bachus, who was the House's third-biggest recipient of Wall Street money and a heavy beneficiary of donations from Chase, happened to be Jefferson County's congressman.

So this guy is no enemy of the banks.

Read more: A Sign Occupy Wall Street Is Having Political Impact | Matt Taibbi | Rolling Stone

I think Republicans and Democrats ought to be able to agree that rampant allowing of non-contest settlements is bad. Certainly allowing one every now and then has its purpose (when the evidence is shaky, for instance, or when the crime is a strict liability crime and the perpetrator had no ill intention) - but if a company has done wrong and they won't admit to it, they shouldn't be able to just buy their way out of making that admission.

Does the term "settlement" escape you? Litigate EVERYTHING. End settlements. Just litigate it for the next ten years. I personally would welcome that. Full employment for lawyers.

The policy of ceasing to educated is certainly having an effect.