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JEleazarian
Trad climber
Fresno CA
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They've come by the hundreds all accross America to protest Wall Street, and they wonder why the world doesn't stop what we're doing and immediately do what they ask, whatever that is.
Sorry -- been there, done that. I was a student at Berkeley from 1969-73. We thought we had a monopoloy on intelligence, and couldn't understand why we weren't running the world. It never occurred to us that our observation about who wasn't running the world might contradict our assumption about our superior intelligence.
John
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CrackAddict
Trad climber
Canoga Park, CA
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You have to understand that this/your standard is not the standard for the current/recent, and past business model…. Greed is.
And that is the problem.
That seems to be the reason for the failure of the American model.
That seems to be the reason for the failure of America.
And that seems to be the reason for the occupy wall street.
This is a very naive argument. First of all, do you really think greed just came into existence in the last few years? The problem is that the Government has completely distorted the incentives in the markets. In regards to the financial industry, Banks used to take in money from depositors, and loan it out to people who used it to buy houses, etc. They were VERY careful about who they loaned it to, because it was their money. THAT was greed! What we have now is a system where Banks don't even want deposits, because they can borrow money from the Treasury that they don't have to insure, at near zero rates, and then buy Treasury bonds with it. Banks still make some home loans, but they are quickly stamped with the Government's seal of approval so they are insured by Uncle Sam. Who cares what happens to them after that? It's no longer their money.
The problem is not greed. The Founding Fathers knew enough about human nature to factor that into our system. The problem is distorted/mismatched incentives.
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Mighty Hiker
climber
Vancouver, B.C.
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Occupy Wall Street: A Sad Display
The occupation and threats amount to little more than mob rule, writes Jonathan Hoenig
By JONATHAN HOENIG Skipt, it's rude, and violates copyright, to post an article without full attribution of the source, and a link. Or maybe you do not respect private property rights.
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Klimmer
Mountain climber
San Diego
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Anti-Wall Street Protests Spread to Other Cities
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x5014162
http://www.nytimes.com/2011/10/04/us/anti-wall-street-protests-spread-to-other-cities.html?hp
http://www.occupytogether.org/
Edited on Mon Oct-03-11 02:35 PM by RedEarth
Source: NYT
Three weeks into a protest against corporate abuses and Wall Street power that has led to hundreds of arrests in New York, similar demonstrations are popping up in other cities across the country with the aid of social media and with the same loosely organized structure as the original demonstration.
On Monday, protesters were camped out in Los Angeles near City Hall, assembled in front of the Federal Reserve Bank building in Chicago and marching through downtown Boston to rally against corporate greed, unemployment and the role that financial institutions have played in pushing the country into its continuing economic malaise.
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The groups have committees responsible for welcoming, security, transportation, art and the news media. Each has its own Google group. The arrests Saturday of more than 700 protesters on the Brooklyn Bridge for blocking the roadway have energized the movement, and on Monday, new protests were planned for other cities, including Memphis, Tenn.; Allentown, Pa.; and Hilo, Hawaii, according to organizers.
Later this week, rallies are scheduled for Detroit; Portland, Ore.; Minneapolis; and Baltimore, as well as in cities that rarely see such civil disobedience — Mason City, Iowa; Mobile, Ala.; Little Rock, Ark.; Santa Fe, N.M.; and McAllen, Tex., according to Occupy Together, an unofficial hub for the protests that lists dozens of demonstrations planned for the next week, including some in Europe and Japan.
When the rich, elite 1%, immorally, unethically, and greedily abuse the rest of us 99%, this is what happens.
Wealth and opportunity should be for everyone, not just for the rich, elite 1%. The rules of the game should not favor the 1% only and screw everyone else. Nor should our government be all about protecting the rich elite 1%.
This is supposed to be a government, a democracy, for the people and by the people. Right now it isn't. I think the people want to see it changed equitably, to just and fair.
What is GOD's advice to the rich elite of the World towards the rest of us, and to the poor of the World?
There is your answer.
There is a right and wrong here.
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blahblah
Gym climber
Boulder
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Skipt, it's rude, and violates copyright, to post an article without full attribution of the source, and a link.
I agree it's rude, but if it violates copyright without full attribution, methinks it violates copyright with attribution as well.
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Mighty Hiker
climber
Vancouver, B.C.
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Shouldn't skipt and his fellow travelers should be beating up us Canadians for inspiring the whole thing? The 'movement' was started by Adbusters Media Foundation, which is based in Vancouver.
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Elcapinyoazz
Social climber
Joshua Tree
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Funny how these dependable right wing shills suddenly see "mob rule" and "intimidation by thugs"...but when the Teahadists were showing up to public events armed to the teeth, well they were just "real Murcans" exercising their 2nd amendment rights.
Intimidation by armed right wing lunatics? No way!! Not those freedom loving, keep yer government hands off my medicare, patriots.
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TGT
Social climber
So Cal
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John Moses Browning has a solution.
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Mighty Hiker
climber
Vancouver, B.C.
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Overall Canadians pay higher taxes than the US, and are mostly glad to do so. Taxes buy us not only a stable economy, but civilization.
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Toker Villain
Big Wall climber
Toquerville, Utah
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Browning had some world beater designs.
The potato digger wasn't one of them.
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TGT
Social climber
So Cal
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Browning had some world beater designs.
The potato digger wasn't one of them.
Yep, but the other really good photo of him with his face recognizable is behind a water cooled .50
Too much collateral damage.
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Brandon-
climber
The Granite State.
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How have they been violent Skippy? Let me know, bro.
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Brandon-
climber
The Granite State.
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Not sure what that means, bro.
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Brandon-
climber
The Granite State.
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You're classic.
Googled it. It's a turn of speech I hadn't heard before, kind of like the term open minded applies to you.
You seem incapable of hearing anything that doesn't align with the talking points you shoot up. Face it, you're addicted, bro.
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blahblah
Gym climber
Boulder
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Don't give the police an excuse to kick your arse. Remember, they like to do it and they're getting paid to do it. (And if you know what average NY cops make, you'll see why they'll gladly kick arse even if they didn't think it was so much fun.)
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malabarista
Trad climber
Portland, OR
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I'm somewhat sympathetic, we've all been robbed by these powers -but this kind of protest is just too much "I'm the victim" mentality for me. "We the people" have been robbed indeed, but I wonder where the outrage should really be directed. We bought into and continue to buy into this system. This kind of protest is like asking the robbers to save us. If people stop buying into it, and stop expecting that it will ever repay them for the theft, that's what will change it.
"Friends are more valuable than money"
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atchafalaya
Boulder climber
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"they have the numbers to throw the Obama cronies out and install a real constitutional government"
What is a real constitutional government?
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