Occupy Wall Street (1 Viewer)

[Idiot Boxer]

Radiohead not playing after all.

 

[Reaper]

You guys are terrible.Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently. Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

IMO, these people should be camped outside Barney Franks house....

 

[OddibeMcD]

Cutting regulations will boost demand. People love buying unregulated stuff.

The S&P 500 has seen revenues growth ~9% over the last year and they're sitting on a $1+ trillion pile of cash. So, they're seeing abundant sales demand and they have the means to hire people, but they aren't. Somehow I think the fact that we re-wrote the rules on major sectors of the economy through 4,000 pages of new laws that will be written into hundreds of thousands of pages of new regulations is causing them to think twice before doing anything.

Or, if the profits are not being used to create new jobs, we could have taxed them at 90% and provided 900 BILLION of stimulus funds.

 

[Slapdash]

You guys are terrible.

Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.

You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently.

Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

 

[pantagrapher]

You guys are terrible.

Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.

You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently.

Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

You don't remember when Fannie and Freddy forced bankers to make quick fortunes off illusory profits while hiding losses in complex mortgage derivatives their friends then stamped with AAA ratings and sold over and over again without properly transferring ownership of the original mortgages? Thanks a lot, Big Government!

 

[pantagrapher]

Photos from Occupy Wall Street.

 

[dparker713]

Cutting regulations will boost demand. People love buying unregulated stuff.

The S&P 500 has seen revenues growth ~9% over the last year and they're sitting on a $1+ trillion pile of cash. So, they're seeing abundant sales demand and they have the means to hire people, but they aren't. Somehow I think the fact that we re-wrote the rules on major sectors of the economy through 4,000 pages of new laws that will be written into hundreds of thousands of pages of new regulations is causing them to think twice before doing anything.

They're not hiring people because they don't have to. After cutting to the bone, the people that were left were required to do more work for the same pay. Profits have returned, demand has picked up, but why increase costs if you don't have to? That has nothing to do with new regulations.

 

[bueno]

Cutting regulations will boost demand. People love buying unregulated stuff.

Are we talking about drugs?

I was thinking ground beef.

My ground beef isn't regulated.

You buy meat directly too?The best way to do it IMO.

Grass-fed steers. Tastes better too. Also get lamb that way. I'd buy pork too, but I'll need a bigger freezer.Hey - at least we have something in common!

 

[guderian]

Cutting regulations will boost demand. People love buying unregulated stuff.

The S&P 500 has seen revenues growth ~9% over the last year and they're sitting on a $1+ trillion pile of cash. So, they're seeing abundant sales demand and they have the means to hire people, but they aren't. Somehow I think the fact that we re-wrote the rules on major sectors of the economy through 4,000 pages of new laws that will be written into hundreds of thousands of pages of new regulations is causing them to think twice before doing anything.

Or, if the profits are not being used to create new jobs, we could have taxed them at 90% and provided 900 BILLION of stimulus funds.

And wiped out trillions more in pension and retirement funds.

 

[Christo]

Photos from Occupy Wall Street.

I especially like Pic 15.

 

[pantagrapher]

Photos from Occupy Wall Street.

I especially like Pic 15.

World of Warcraft.

 

[guderian]

You guys are terrible.

Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.

You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently.

Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

You don't remember when Fannie and Freddy forced bankers to make quick fortunes off illusory profits while hiding losses in complex mortgage derivatives their friends then stamped with AAA ratings and sold over and over again without properly transferring ownership of the original mortgages? Thanks a lot, Big Government!

You're usually better than just regurgitating talking points. None of the last several years happens if Fannie and Freddie hadn't distorted the mortgage market by creating a government sanctioned bull market in mortgages--especially sub-prime. Why is it that banks were happy doing loans at 70% LTV until Barney Frank decided he wanted to "push the envelope" through entities that had already been guilty of tens of billions of dollars of fraud? Then we get NINJA loans and house flippers artificially inflating the housing market and creating the real estate bubble. Kinda funny that all of that coincided, no?

 

[pantagrapher]

twitter feed

 

[dparker713]

You guys are terrible.

Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.

You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently.

Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

You don't remember when Fannie and Freddy forced bankers to make quick fortunes off illusory profits while hiding losses in complex mortgage derivatives their friends then stamped with AAA ratings and sold over and over again without properly transferring ownership of the original mortgages? Thanks a lot, Big Government!

You're usually better than just regurgitating talking points. None of the last several years happens if Fannie and Freddie hadn't distorted the mortgage market by creating a government sanctioned bull market in mortgages--especially sub-prime. Why is it that banks were happy doing loans at 70% LTV until Barney Frank decided he wanted to "push the envelope" through entities that had already been guilty of tens of billions of dollars of fraud? Then we get NINJA loans and house flippers artificially inflating the housing market and creating the real estate bubble. Kinda funny that all of that coincided, no?

Not at all. It all coincided because the regulations on mortgages were essentially removed and banks had created MBS along with CDOs to pass the risk to someone else - mainly AIG and eventually the fed. But all regulations are bad, m'kay.

 

[guderian]

You guys are terrible.

Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.

You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently.

Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

You don't remember when Fannie and Freddy forced bankers to make quick fortunes off illusory profits while hiding losses in complex mortgage derivatives their friends then stamped with AAA ratings and sold over and over again without properly transferring ownership of the original mortgages? Thanks a lot, Big Government!

You're usually better than just regurgitating talking points. None of the last several years happens if Fannie and Freddie hadn't distorted the mortgage market by creating a government sanctioned bull market in mortgages--especially sub-prime. Why is it that banks were happy doing loans at 70% LTV until Barney Frank decided he wanted to "push the envelope" through entities that had already been guilty of tens of billions of dollars of fraud? Then we get NINJA loans and house flippers artificially inflating the housing market and creating the real estate bubble. Kinda funny that all of that coincided, no?

Not at all. It all coincided because the regulations on mortgages were essentially removed and banks had created MBS along with CDOs to pass the risk to someone else - mainly AIG and eventually the fed. But all regulations are bad, m'kay.

What regulations on mortgages were removed??? MBS and CDOs had existed for decades.

 

[pantagrapher]

You guys are terrible.

Just going to stick with your demand straw man when I proved my point about regulation hurting an industry.

You should actually care about people who are out of work because of those regulations. That hurts families and lives.

It's been interesting the slow pivot from high taxes are killing the economy to regulation is hurting it. The high taxes thing has kind of been hard to support given we've had almost 12 years of super low taxes. The only thing it has appeared to do is make people filthy rich and gut the middle class. Now regulation is the new boogeyman. We are supposed to just let wall street continue to run the financial industry like a casino apparently.

Seems like all the policy solutions somehow benefit the big guys. Weird how that works.

Funny how Wall Street seemed to work fine until the government decided to become heavily involved through Fannie and Freddie and started a push to increase home ownership (e.g. force lending to less credit worthy customers).

You don't remember when Fannie and Freddy forced bankers to make quick fortunes off illusory profits while hiding losses in complex mortgage derivatives their friends then stamped with AAA ratings and sold over and over again without properly transferring ownership of the original mortgages? Thanks a lot, Big Government!

You're usually better than just regurgitating talking points. None of the last several years happens if Fannie and Freddie hadn't distorted the mortgage market by creating a government sanctioned bull market in mortgages--especially sub-prime. Why is it that banks were happy doing loans at 70% LTV until Barney Frank decided he wanted to "push the envelope" through entities that had already been guilty of tens of billions of dollars of fraud? Then we get NINJA loans and house flippers artificially inflating the housing market and creating the real estate bubble. Kinda funny that all of that coincided, no?

You're the one trotting out the old Barney Frank, Fanny & Freddie talking point.

 

[Jojo the circus boy]

Photos from Occupy Wall Street.

not bad

 

[pantagrapher]

Photos from Occupy Wall Street.

not bad

I'd enslave it.

 

[cosjobs]

God speed hack

 

[bueno]

When was the last time there was a revolt like this against banks?

 

[Christo]

When was the last time there was a revolt like this against banks?

Never. It's happening because banks have stopped being banks.

 

[OddibeMcD]

Cutting regulations will boost demand. People love buying unregulated stuff.

The S&P 500 has seen revenues growth ~9% over the last year and they're sitting on a $1+ trillion pile of cash. So, they're seeing abundant sales demand and they have the means to hire people, but they aren't. Somehow I think the fact that we re-wrote the rules on major sectors of the economy through 4,000 pages of new laws that will be written into hundreds of thousands of pages of new regulations is causing them to think twice before doing anything.

Or, if the profits are not being used to create new jobs, we could have taxed them at 90% and provided 900 BILLION of stimulus funds.

And wiped out trillions more in pension and retirement funds.

Well, that happened with low tax rates as well. I fail to see a difference.

 

[cosjobs]

When was the last time there was a revolt like this against banks?

Never. It's happening because banks have stopped being banks.

That's true. I have to say that thus far, this is not very much of a revolt. Altho it could be a start.

 

[cosjobs]

Just bought the occupyaustin.com and occupydallas.com domains. (usa, houston, seattle and america already gone)

anarchy? meet capitalism.

 

[humpback]

Just bought the occupyaustin.com and occupydallas.com domains. (usa, houston, seattle and america already gone)anarchy? meet capitalism.

Will you be protesting yourself?

 

[cosjobs]

Just bought the occupyaustin.com and occupydallas.com domains. (usa, houston, seattle and america already gone)anarchy? meet capitalism.

Will you be protesting yourself?

I represent the irony contingency

 

[dickey moe]

LOL @ any of these twerps being able to afford a polo and khakis.

 

[bakes]

LOL @ any of these twerps being able to afford a polo and khakis.

LOLder at people laughing at this and paying bank fees.

 

[Truman]

#### unemployed people. Losers. I laugh at those with less.

 

[Dr. Awesome]

Cutting regulations will boost demand. People love buying unregulated stuff.

Are we talking about drugs?

I was thinking ground beef.

My ground beef isn't regulated.

euphemism?

 

[Addai's Adidas]

These protests are cute. We need VIOLENCE! DO IT NOW!

 

[DrJ]

Just bought the occupyaustin.com and occupydallas.com domains. (usa, houston, seattle and america already gone)anarchy? meet capitalism.

sup Damon.

 

[bueno]

When was the last time there was a revolt like this against banks?

Never. It's happening because banks have stopped being banks.

Really? What do we call them now?

 

[bueno]

Cutting regulations will boost demand. People love buying unregulated stuff.

Are we talking about drugs?

I was thinking ground beef.

My ground beef isn't regulated.

euphemism?

In part, but also absolutely true.

 

[guderian]

Cutting regulations will boost demand. People love buying unregulated stuff.

The S&P 500 has seen revenues growth ~9% over the last year and they're sitting on a $1+ trillion pile of cash. So, they're seeing abundant sales demand and they have the means to hire people, but they aren't. Somehow I think the fact that we re-wrote the rules on major sectors of the economy through 4,000 pages of new laws that will be written into hundreds of thousands of pages of new regulations is causing them to think twice before doing anything.

Or, if the profits are not being used to create new jobs, we could have taxed them at 90% and provided 900 BILLION of stimulus funds.

And wiped out trillions more in pension and retirement funds.

Well, that happened with low tax rates as well. I fail to see a difference.

Raise corporate taxes to 90% and you'll see a difference. Stocks typically trade at a multiple of cash flow or earnings. Today that's 60% of pretax earnings, if you cut that to 10% of pretax you'll see a proportional collapse in stock prices--roughly 80%. Unfortunately, there's probably a big segment of our country that would love to see that happen since they seem more interested in inflicting financial pain on others even if it hurts themselves in the process. Yay class warfare.

 

[Tom Servo]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

 

[Dr. Awesome]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

That's from an obviously biased source but some quotes are pretty good. And the mistaking NYPD headquarters. And really, a guy named 'Pigpen'?

 

[Tom Servo]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

That's from an obviously biased source but some quotes are pretty good. And the mistaking NYPD headquarters. And really, a guy named 'Pigpen'?

What's biased? They nailed the protesters as every left-wing kook group out there. There's NOTHING mainstream about them.

 

[ren hoek]

Just bought the occupyaustin.com and occupydallas.com domains. (usa, houston, seattle and america already gone)anarchy? meet capitalism.

sup Damon.

 

[Tom Servo]

SEIU thugs join the protest march

 

[Tom Servo]

MelissaTweets Melissa Clouthier

You #OcccupyWallStreet buffoons realize that the reason the press isn't covering you is b/c they're embarrassed and protecting Dems, right?

 

[Fensalk]

Come to think of it, Nixon ran on a "law and order" platform in his 1968 landslide victory in response to protests from the extreme left. So the GOP should make hay here as independent voters begin to move further right in response to "Occupy Wall Street", provided violence breaks out.

 

[Fensalk]

Its amazing how everything is lining up for the republicans. You got a Jimmy Carterish president unable to fix our problems, unable to accept blame, that is pushing the electorate towards the GOP, and NOW the liberals are trying to resurrect the 1968 protests, which ALSO pushed voters towards the GOP.

Its like the worst self-destructing ideas of liberalism from the 60s and 70s rolled up into one. Watching this trainwreck of ideas is amazing.

 

[Voltaire]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

 

[Leviathan]

The reason Wall Street fat cats haven't been prosecuted is because the government would expose itself to their own participation in the meltdown. Wouldn't want that, would we?

 

[Fensalk]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

There weren't mass protests sweeping FDR to power and the democrats to two decades of dominance in Washington. But the protests of the late 60s and early 70s propelled the republican party to new heights. Oh, they may change the world alright. Just not the way they think they will. If I'm reading sentiment correctly, the left actually seems to think the developing events on Wall Street are a positive for them. its fascinating how one party can get every tactical move so completely wrong.

 

[Voltaire]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

There weren't mass protests sweeping FDR to power and the democrats to two decades of dominance in Washington. But the protests of the late 60s and early 70s propelled the republican party to new heights. Oh, they may change the world alright. Just not the way they think they will. If I'm reading sentiment correctly, the left actually seems to think the developing events on Wall Street are a positive for them. its fascinating how one party can get every tactical move so completely wrong.

I certainly hope that mainstream Dems don't see stuff like this as a good thing. And to be fair, you could (and people have) done the same video at any big Tea Party rally. Any group of crazy people gathering together is going to beget a lot of stupid people. A lot.Democracy is not a good thing.

 

[Fensalk]

Profiles in cluelessness

Yeah, this is the crowd that's going to change the world.

There weren't mass protests sweeping FDR to power and the democrats to two decades of dominance in Washington. But the protests of the late 60s and early 70s propelled the republican party to new heights. Oh, they may change the world alright. Just not the way they think they will. If I'm reading sentiment correctly, the left actually seems to think the developing events on Wall Street are a positive for them. its fascinating how one party can get every tactical move so completely wrong.

I certainly hope that mainstream Dems don't see stuff like this as a good thing. And to be fair, you could (and people have) done the same video at any big Tea Party rally. Any group of crazy people gathering together is going to beget a lot of stupid people. A lot.Democracy is not a good thing.

It misses the point of what the voters are saying. The voters are looking for people to work together to solve our problems. The Occupy Wall Street protests are like the democratic party standing up and screaming "We are extremists! You cannot work with us to solve our problems! We are NOT the adults in the room!" The voters will probably listen and be more determined than ever to vote them out. Like I say, the democratic party does not know what country they are living in.

 

[snitwitch]

It seems the Tea Party shares at least some things in common (populist in nature, hatred of banks / wall street) with this Occupy Wall Street movement. Or maybe I'm thinking of the original Tea Party before it was co-opted by big money GOP interests.

One big difference is that I see a lot fewer cases of unintentional misspellings in the Occupy Wall Street signs...

 

[pantagrapher]

It seems the Tea Party shares at least some things in common (populist in nature, hatred of banks / wall street) with this Occupy Wall Street movement. Or maybe I'm thinking of the original Tea Party before it was co-opted by big money GOP interests.

One big difference is that I see a lot fewer cases of unintentional misspellings in the Occupy Wall Street signs...

Then you must mean the Boston Tea Party.