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Occupy Wall Street: Not on major media but worth watching!

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I

InJoy

Member
THE PABLOS said:
There will be no revolution. I see lots of happy peeps in America. Revolution may not be what anyone wants. The polls can show all the disdain they want....those peeps polled are still sitting good...they have not had to struggle yet. Reality check...we are a fat and wealthy country...no one is used to skipping on meals or luxury.

The organized forces? The military dude...with lots of trained troops used to combat reality. If there were a revolution...who do you takes over? I'll answer: a military dictatorship. Peace through superior firepower is how this has always worked. Force.
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I think once the fat lazy americans see the heavy hand of a mitilary come down on innocent Americans there will be a breaking point that's not limited to fat lazy Americans.

What about all the trained military men who already see the gov misusing their powers. Soldiers and vets who are not in support of the wars we are in, how are they gonna feel about waging war on their own?

Haven't you ever heard of a military coup?

That is what the 1% faces once a certian threshold is crossed.
 
Headbandf1

Headbandf1

Bent Member
Veteran
[YOUTUBEIF]C6QCRneABhU[/YOUTUBEIF]

[YOUTUBEIF]SN7WOsvepUg[/YOUTUBEIF]


peoplespig.jpg


At about 11:30 a.m. yesterday, a police officer told me and about eight other students that, and I quote, “the grass is closed.” We were going to sit under a tree and discuss things, and two police officers were watching us vigilantly to make sure we didn’t suddenly do something violent like try to put up tents. As we moved towards the tree, the first police officer stepped up and informed us that we could not walk from the broad concrete steps of Sproul Hall, where about a hundred people were sitting and talking, and sit on the grassy area just to the north of it. “The grass is closed,” she said.

If you meditate on these words until they become a mantra, you will learn some profound things about how police authority works. What could it possibly mean to declare that “the grass is closed”? Who could have the authority to say so? I had always considered that stretch of grass to be public; I’ve often been among the hundreds of students who eat their lunch there, every day, and 11:30 a.m. is a time of day when it is common to eat lunch. I have had conversations with other students sitting on that very grass, many times. Why was it that I could not do so now? Why had this stretch of grass suddenly become un-public and closed off? No signs said so, and no police tape marked it off. At the far end of that grassy area, in fact, several people were actually sitting on the grass. But those people were sitting there eating lunch. Because we were part of the group which was sitting on the steps of Sproul Hall, clearly, the grass had been declared off limits to us

To make things more interesting, it immediately transpired that the other police officer had, in fact, already given them permission to sit on the grass. And in an instant, the arbitrariness of the rule was made evident and undeniable.

http://zunguzungu.wordpress.com/201...e-police-chancellor-birgeneau-and-occupy-cal/
 
H

Hydro-Soil

Active member
Veteran
Dudesome said:
Before the 2008 the USD liquidity was crazy. So crazy that new millionaires popped everyday.
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Yes... but look at where the 'money' actually came from.
Our country (and a lot of others) have been putting more zeros in our govt bank accounts than the country has been earning.

Greece was first, Italy is poised to be second. They're just the first dominoes in the world going down.... this fake worldwide economy is coming to an end.


I might be wrong but I heard something about 10,000 people in Oakland for this?

Stay Safe! :D ( I know, I know, it's getting harder every day.)
 
G

greenmatter

THE PABLOS said:
There will be no revolution. I see lots of happy peeps in America. Revolution may not be what anyone wants. The polls can show all the disdain they want....those peeps polled are still sitting good...they have not had to struggle yet. Reality check...we are a fat and wealthy country...no one is used to skipping on meals or luxury.

The organized forces? The military dude...with lots of trained troops used to combat reality. If there were a revolution...who do you takes over? I'll answer: a military dictatorship. Peace through superior firepower is how this has always worked. Force.
Click to expand...

if peace through superior firepower was really the way things worked the afgans would be docile and speak russian, the vietnamese if they did not already speak french would have picked up english very quickly and our military would not be having any issues in the two clusterfucks we are involved in now.

our military had/has too many of us in it to be really effective against us. and a coup ...... well america is a very big place, so that would be a tough thing to pull off

you are absolutely correct about americans being too fat and happy to do anything ...........for right now.

like i said an all out revolution would be fucking ugly, so i am not calling for one ........ but it may be the right time to let our leaders know that there are lots of us not liking the way they do business

the present dickhead in charge got elected because he promised change.

nobody wants war in the street, or dickheads in charge, but i have not run into a single person who does not want things to change in some way. if we could change the way washington does things, i think we would be o.k.
 
AOD2012

AOD2012

I have the key, now i need to find the lock..
Veteran
Herman, what does the market for cabinet makers look like out there right now? I think my Festools are itching to go back to the motherland.


aod
 
T

THE PABLOS

greenmatter said:
if peace through superior firepower was really the way things worked the afgans would be docile and speak russian, the vietnamese if they did not already speak french would have picked up english very quickly and our military would not be having any issues in the two clusterfucks we are involved in now.

our military had/has too many of us in it to be really effective against us. and a coup ...... well america is a very big place, so that would be a tough thing to pull off

you are absolutely correct about americans being too fat and happy to do anything ...........for right now.

like i said an all out revolution would be fucking ugly, so i am not calling for one ........ but it may be the right time to let our leaders know that there are lots of us not liking the way they do business

the present dickhead in charge got elected because he promised change.

nobody wants war in the street, or dickheads in charge, but i have not run into a single person who does not want things to change in some way. if we could change the way washington does things, i think we would be o.k.
Click to expand...

Have it your way then. Politics and warfare always ends up...with he who has the bigger stick...runs the show. The law of the club. There are many variations of utilizing said club. Time frames dragged out to continue making money. Rape Pillage and Burn....the revolutionaries will be repelled by this aspect. I'm pretty much anti establishment minded...but...I surely don't want a revolution here. It would only be trading one situation for another...more of the same...Christian Military Law....with all the excuse in the world to exercise their will. Of course no one here..is really...wanting a revolution.
 
T

THE PABLOS

InJoy said:
I think once the fat lazy americans see the heavy hand of a mitilary come down on innocent Americans there will be a breaking point that's not limited to fat lazy Americans.

What about all the trained military men who already see the gov misusing their powers. Soldiers and vets who are not in support of the wars we are in, how are they gonna feel about waging war on their own?

Haven't you ever heard of a military coup?

That is what the 1% faces once a certian threshold is crossed.
Click to expand...

Yup the good old military coup. Just what I want. Great concept.
 
xmobotx

xmobotx

ecks moe baw teeks
ICMag Donor
Veteran
FWIW, not talking conspiracy when i say violence isnt a good idea ~just sayin "violence isnt the answer" all this #occupy stuff could escalate and i just dont think violent escalation will pan out well
 
DiscoBiscuit

DiscoBiscuit

weed fiend
Veteran
another talking point trashed...

another talking point trashed...

The 'Uncertainty' Talking Point, Debunked

First Posted: 11/11/11 07:20 PM ET Updated: 11/13/11 10:13 AM ET

WASHINGTON -- With the economy in a slump for nearly four years, corporate executives and conservative politicians have repeatedly invoked "uncertainty" as a major barrier to American job-creation. The "uncertainty" jab is a go-to talking point for any congressional Republican looking to tag President Barack Obama as a tax-raising, regulation-obsessed foe of American businesses.

But according to banking data compiled by economic research firm Moebs Services, the uncertainty plaguing the American economy has nothing to do with government regulations or taxes on millionaires. It's an uncertainty driven squarely by consumers and small-businesses who are worried about their short-term financial prospects. And it's been going on since well before Obama took up residence in the White House.

Since the end of 2007, bank customers have pulled over $900 billion out of certificates of deposits at major U.S. banks, parking their money in checking accounts and money market deposit accounts. Banks pay customers interest to park their money in CDs, but pay out next-to-nothing for money market accounts, and still less -- usually nothing -- for checking accounts.

"These are enormous shifts," Moebs Services founder and Chairman Mike Moebs told HuffPost. "We haven't seen stuff like this since the 1930s."

Money market and checking accounts offer consumers the ability to withdraw their money quickly, while CDs require the funds to be locked up for years. And that heavy reliance on short-term cash indicates a tremendous amount of uncertainty among the American public about the future -- people with jobs are uncertain about whether they will have one in a year, people without jobs have to pay the bills and don't know how long their unemployment checks will keep coming in.

"People are beginning to realize that zero is a good number if the alternative is a negative number," said Ed Friedman, a director at Moody's Analytics.

The total balance of retail CDs -- interest-bearing accounts targeting ordinary consumers -- has fallen by about $350 billion since the end of 2007. Checking accounts, meanwhile, have climbed by an almost identical amount over the same time period -- jumping from $620 billion to $960 billion, an increase of over 50 percent, which has occurred despite repeated threats from big banks to charge new checking fees.

Another $570 billion has been pulled from "jumbo" CDs -- bigger CD accounts that are used by the wealthy or businesses -- while money market deposit account balances have jumped from $3.9 trillion to $5.7 trillion, suggesting an additional flow of money from other investments, like the stock market and mutual funds.

"People continue to be very pessimistic," said economist Dean Baker, co-Director of the Center for Economic Policy and Research, noting that economic conditions like the trouble in Europe could dramatically disrupt financial markets in the near future. "It wouldn't be irrational to stay out now."

This rush to easily accessed, low-paying accounts is a symptom of the recession itself. When people are out of work, they cannot afford the luxury of having their money tied up in longer-term investments. The bills have to be paid.

The shift in consumer banking behavior has also tracked an overall stagnation in the federal money supply, making the change all the more significant.

Moebs runs calculations that correspond to a measure of the total supply of money that the Federal Reserve ceased to cover during the Bush years, once known as the "M3" metric. The metric aggregates the currency in peoples' pocketbooks, checking accounts, CDs, money market accounts and other assets that were viewed as highly liquid prior to the current recession. And according to Moebs, that supply of money has gone from $10.6 trillion in 2007 to $11.3 trillion in the first quarter of 2011 -- an increase of less than 2 percent per year. That compares to an increase of more than 9 percent over the course of 2007 alone.

This kind of uncertainty -- a lack of consumer confidence -- can become a self-fulfilling prophecy. When consumers pull their money out of longer-term investments, banks are reluctant to make longer-term loans, which in turn can hamper businesses, which become reluctant to hire without access to credit. The government can, in fact, take steps to alleviate the kind of uncertainty by boosting demand in the economy -- essentially, spending government money. But with congressional Republicans vilifying government spending on a regular basis, this prospect has been unlikely for years.

"It's really a function of the liquidity trap," said Josh Bivens, an economist with the Economic Policy Institute, a liberal think-tank. "We have way too little spending in the economy, which is why we have low interest rates across the board. But then once you see interest rates piling up near the zero-bound, uncertainty is going to drive people to cash."

The Federal Reserve, however, has options. The Fed has kept interest rates low for years, and resorted to exotic maneuvers to encourage consumers and companies to spend money and boost the economy. But since 2008, the Fed has actually paid banks to park their excess reserves at the central bank, rather than lend them out into the economy. If the Fed wanted that money to make its way to consumers and businesses and stimulate job growth, it could simply reverse its policy -- instead of paying banks interest on excess reserves, it could charge them fees. At present, banks can actually make money by doing nothing with their money. If there were a penalty for doing nothing, banks would work harder to find good loan candidates.

"The money doesn't end up going out into the marketplace," Nomi Prins, former managing director for Goldman Sachs, said. "It would make sense to reverse the policy."


http://www.huffingtonpost.com/2011/11/13/gop-uncertain-economy-debunked_n_1088448.html
Click to expand...
.
 
DiscoBiscuit

DiscoBiscuit

weed fiend
Veteran
Governments banking on too much risk is the factor. Nobody says too little gold sunk Iceland, junk investments sunk Iceland.

Same thing almost happened to Egypt. Mubarak's son rode the Goldman Sachs bus too long.

If we stop polluting stable markets with junk strategies we can mitigate quantitative easing. Separate the banks from rich crooks to mitigate the public rip.
 
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