Occupy Wall Street

[804brown]

99% vs 1% ?
Let's see who is makes up this 1%; according to POTUS anyone making over $250,000 is in his eyes is a millionaire, well he makes over $250,000 so he's a millionaire , so isn't Sen Kerry and most of the rest of the Senate . These are the same people who have refused to pass a budget for this country since 2008, a gross failure of their duties. So if they can't do their basic function of their job, how can one expect them to do anything right ?
The 99%....a false concept. What you have is a bunch of crybabies who really should be in mental hospitals { except most states closed their years ago to "save" money } that have illegally taken over private & public lands as their own. These encampments are quickly becoming a disgrace to every citizen. The MSM is falling over themselves to cover as many as possible. Because they are a distraction from the real problem makers, who now can really run amok without any oversight.

Actually membership in the 1% can be measured by wealth or income. By houselhold wealth, the cutoff point is about $9 Million. In terms of income, it ranges from $350,000 to $700,000 annual income (depending on how the survey is done). Point is people can imagine themselves one day making about $200K a year, but not many can see a future where they will be in the top 1 %!!

Yes Kerry is in the 1%. And...?? The budget doesnt pass because of 47 repubs who refuse to allow anything to pass the 60 votes needed to move anything in the senate!!

 

[804brown]

Speaking of income inequality, have you seen what the repub candidates are worth?? Romney is worth $264 Million, Huntman $70 Million, Gingrich $30 million, Cain $6 Million, Paul $5 Million, Santorium $2.6 Million, Bachmann $2.5 Million. Perry has yet to put his assets out there yet but Im sure he too will be a full blooded member of the 1%ers!!

 

[moreluck]

Speaking of income inequality, have you seen what the repub candidates are worth?? Romney is worth $264 Million, Huntman $70 Million, Gingrich $30 million, Cain $6 Million, Paul $5 Million, Santorium $2.6 Million, Bachmann $2.5 Million. Perry has yet to put his assets out there yet but Im sure he too will be a full blooded member of the 1%ers!!

1. Sen. John Kerry, D-Mass., $188 million
2. Rep. Darrell Issa, R-Calif., $160 million
3. Rep. Jane Harman, D-Calif., $153 million
4. Sen. Jay Rockefeller, D-W.Va., $82 million
5. Rep. Michael McCaul, R-Texas, $74 million
6. Sen. Mark Warner, D-Va., $70 million.
7. Rep. Jared Polis, D-Colo., $56 million
8. Rep. Vern Buchanan, R-Fla., $55 million
9. Sen. Frank Lautenberg, D-N.J., $50 million
10. Sen. Dianne Feinstein, D-Calif., $46 million


Kennedy?
Al Gore $100 million
Harry Reid $3.4 million
Pelosi $35 Million
Jane Harmon between $151 & $435 million

 

[wkmac]

Actually membership in the 1% can be measured by wealth or income. By houselhold wealth, the cutoff point is about $9 Million. In terms of income, it ranges from $350,000 to $700,000 annual income (depending on how the survey is done). Point is people can imagine themselves one day making about $200K a year, but not many can see a future where they will be in the top 1 %!!

Yes Kerry is in the 1%. And...?? The budget doesnt pass because of 47 repubs who refuse to allow anything to pass the 60 votes needed to move anything in the senate!!

I disagree using purely income and worth as a measure of the 1%. I look at who has and holds power and can dictate public policy to their advantage. There are numerous small and medium size business owners in the low 8 digit worth and income realm yet they are very much IMO in the 99% because they are just as burdened by the corp. socialism as the rest of us. You might even be surprised from a certain measure of income and assets how many blue collar UPSers are in the 7 figure realm of worth and yet by income they are a solid blue collar middle class person.

IMO, measuring the 1% is not as much about pure wealth as it is about the ability to derive wealth thanks to seizure of political power and the power to use public policy and public assets to shift wealth from one factor in the market to themselves. That is corp. socialism or what some call corp. welfare or rent seeking.

A few recent pieces worth considering for Occupiers or sympathetic parties.

Anarcho-libertarian Anthony Gregory on "The Occupiers and The State"

Becky Akers and "The American Police State"

Business Insider sez "Police Using Tactics On Americians Prohibited for Soldiers in a War Zone"

 

[Babagounj]

The budget doesnt pass because of 47 repubs who refuse to allow anything to pass the 60 votes needed to move anything in the senate!!

This is another falsehood.

In 2008-2010 , no budget was passed.
The Dems held a super majority in both houses, thus there was no way a few gop members could stop anything.
According to another falsehood being used by bhos and Congress , all their failures are someone else's fault.

 

[moreluck]

A budget needs to be submitted before it can be passed !!!!!!!!!!!!

 

[wkmac]

A budget needs to be submitted before it can be passed !!!!!!!!!!!!

You are correct. Art. 1 sez that all bills on revenue and spending must originate in the House of Representatives and currently that body is controlled by republicans so what are they waiting on?

Seriously, why don't they man up, create a budget passed by simple majority which they have and then put the Senate and the President on the hot seat of put up or shut up? The reason? They are gutless wonders that's why so go ahead and waste that vote next year not that those who vote democrat aren't wasting theirs also.

America, Home of the Idiot majority we call voters!

The results of their actions become the world's nightmare!

 

[804brown]

This is another falsehood.

In 2008-2010 , no budget was passed.
The Dems held a super majority in both houses, thus there was no way a few gop members could stop anything.
According to another falsehood being used by bhos and Congress , all their failures are someone else's fault.

Actually the dems passed a budget in 2009 without a single repub vote. I think the repubs didnt in 1998 and 2004 and 2006?? But a problem is getting to 60 votes in the senate when you only have 53 members or even 58 . Repubs do not want government to work so why should they care what happens.

 

[bbsam]

Actually the dems passed a budget in 2009 without a single repub vote. I think the repubs didnt in 1998 and 2004 and 2006?? But a problem is getting to 60 votes in the senate when you only have 53 members or even 58 . Repubs do not want government to work so why should they care what happens.

hard to listen to those on the right complaining about budgets when the bush budgets left out little things like wars.warship

 

[Overpaid Union Thug]

Occupy Wall Street is nothing more than two things;

a) a sad attempt by commies at copying The Tea Party movement in order to boost their all mighty leader's chances of retaining his stay in The White House

and

b) a bunch of filthy bums and bearded college students that worship the likes of Noam Chompsky and Howard Zinn that are insanely jealous of the rich

Enough said.

 

[klein]

Well, OWS worked in Europe to my opinion.
Banks that borrowed Greece money, had to take a 50% loss.

I really believe that OWS (Europe) made a difference over there, on how the whole financial situation regarding the Greece bail-out was handeld.

 

[moreluck]

Well, OWS worked in Europe to my opinion.
Banks that borrowed Greece money, had to take a 50% loss.

I really believe that OWS (Europe) made a difference over there, on how the whole financial situation regarding the Greece bail-out was handeld.

Old World Strategy.

 

[804brown]

Occupy Wall Street is nothing more than two things;

a) a sad attempt by commies at copying The Tea Party movement in order to boost their all mighty leader's chances of retaining his stay in The White House

and

b) a bunch of filthy bums and bearded college students that worship the likes of Noam Chompsky and Howard Zinn that are insanely jealous of the rich

Enough said.

You are a driver?? That is pretty sad. Another person with the slave mentality. Keep protecting the criminals up in the suites and nothing will change. You really think OWS wants to copy the tea party wing of the republican party?? Those tea baggers had their 15 minutes; it is over for them. They had their fox-sponsored, koch brothers-sponsored rally , made fun of obama , callled him names and then went home. This movement is not ending anytime soon. That is the only way things change in this country. As someone once said: "If elections solved anything, they would be illegal!" Plus this has nothing, NOTHING, to do with obama. He too is sold out to the same criminals the repubs are.

"Commies" "filthy bums" ?? Now that is a "sad attempt" of a dialogue. And by the way Howard Zinn died last year. He wrote one of the best history books I have ever read: "A People's History of the United States". Sold over 1 MILLION copies!!

 

[804brown]

"Everything beyond what a man's own hands produce...was a gift...and that he owes on every principle of justice , of gratitude, and of civilization, a part of that accumulation back again to society from whence the whole came." Thomas Paine

 

[wkmac]

Dedicated to Moreluck!

 

[FracusBrown]

You are talking about the dependency of those on corporate welfare right?? For they are the ones who currently make the decisions about how our economy works. Hows that been going lately, huh??

No. I meant those who don't understand the basics of how the economy works so they think they deserve what others have earned. Unless you want a society of all poor, there has to be some incentive to work and to be successful. When you take away that incentive, everyone becomes poor.

Corporations are nothing more than a group or individuals that share ownership in a for-profit business by investing their earned dollars. Take away the profitability of corporations and you take away the investors. With no investors, there is no company, no employees, and no tax revenue generated.

 

[klein]

wkmac... wanted to admit about your fiat currency opinion. You are totally right !
Could you imagine if we went back a century and the currency was still Gold and gold nuggets ?

The outcome :
It would recirculate a few times, until the rich have it all, and nothing is left.
Oh yeah, another 20% of US Gold would go towards the trade deficit (purchasing more outside the country with Gold, then exporting more and gaining Gold).

So, what to do ? : Gold is gone (can't print any, unlike dollar bills), so the government borrows gold from other countries that have it, so the circulation can keep going, even though at a much smaller pace and with much smaller quantaties... so the "rich" (corperations), need to move overseas to grab (steal) more Gold, collecting it from the "small people" that still own some (unlike in the US, because they (the 1%) already own most of it)...

Luckily the Fiat curency keeps us all somewhat liveable , because if it was Gold currency, we would all be starving by now.

 

[804brown]

No. I meant those who don't understand the basics of how the economy works so they think they deserve what others have earned. Unless you want a society of all poor, there has to be some incentive to work and to be successful. When you take away that incentive, everyone becomes poor.

Corporations are nothing more than a group or individuals that share ownership in a for-profit business by investing their earned dollars. Take away the profitability of corporations and you take away the investors. With no investors, there is no company, no employees, and no tax revenue generated.

It was those who "understand the basics of our economy" that drove it in the ditch in the first place. The thing that pisses people off is that they knew that their gambles would be covered by government. So tell me was it really an entrepreneurial risk if they knew they would be bailed out??

Who is saying they want a society of poor people?? Certainly no one of OWS!! They agree with the 70% of americans who also believe that the wealth should be better distributed (latest NYT/CBS poll). I guess there is lots of incentive to "work" (gamble on currencies and securitized mortgages) when you know the outcome!!

Corporations are also allowed to exist by the power of the state. And if that state decides that the corporation no longer benefits the interests of its citizens, that state has a right to terminate that corporation. Remember corporations were created to serve society, not the other way around!!

 

[wkmac]

wkmac... wanted to admit about your fiat currency opinion. You are totally right !
Could you imagine if we went back a century and the currency was still Gold and gold nuggets ?

The outcome :
It would recirculate a few times, until the rich have it all, and nothing is left.
Oh yeah, another 20% of US Gold would go towards the trade deficit (purchasing more outside the country with Gold, then exporting more and gaining Gold).

So, what to do ? : Gold is gone (can't print any, unlike dollar bills), so the government borrows gold from other countries that have it, so the circulation can keep going, even though at a much smaller pace and with much smaller quantaties... so the "rich" (corperations), need to move overseas to grab (steal) more Gold, collecting it from the "small people" that still own some (unlike in the US, because they (the 1%) already own most of it)...

Luckily the Fiat curency keeps us all somewhat liveable , because if it was Gold currency, we would all be starving by now.

Oh I love it when people make the mistake you are making and that is because I oppose fiat currency means automatically that I'm some kind of bullionist. Big mistake to make that assumption!

 

[klein]

Oh I love it when people make the mistake you are making and that is because I oppose fiat currency means automatically that I'm some kind of bullionist. Big mistake to make that assumption!

Well, that's what I meant !

If we still paid in gold nuggets, we wouldn't be paying American Idol judges 10 Million per episode (or whatever it may be).
Wouldn't be enough nuggets to go around !