Occupy As A Means To Financial Reform

[Pakboong]

Read the actual article folk which was blatantly misrepresented. No consensus at all to end the fed, not in the poll, not from the people, and certainly not from this new progressive political movement.

16 percent that it should be abolished

Of course there is a passionate minority advocating whacked out destructive ideas like ending the fed and going back to the gold standard, but don't for a minute fall for the lie that these absurd ideas are at the core of the Occupy Wallstreet/99 movement.

I expect that 16% to gain serious momentum in the next few months. I doubt that half the eligible voters have a clue as to what "The Fed" actually is and who owns it. As that information makes it way down stream, serious changes will occur. I read somewhere this week that the total interest paid to the Fed last year was $416 billion.

[waza]

Billionaire investor Warren Buffett calls for more taxes on 'mega-rich' as a shared sacrifice

My link

History has shown that where ever the economic strategies of the Chicago School of Economics, and especially by the writings and public policy proposals of Milton Friedman, are implemented, economic disaster follows. My link His shock therapy economics or neoliberalism cause such a massive consolidation of wealth that even the finacial suffering of the masses, or the 99%, create empathy in some of the 1%. Like Warren, business leaders in Australia are calling for greater tax on themselves and the rich, a call the Australian government has rejected.

The answer to this financial crisis is obvious, tax the rich (the only ones with money), spend that liqiuidity on manufacturing, socialises essential services and regulate private enterprises.

Edited October 8, 2011 by waza

[midas]

Read the actual article folk which was blatantly misrepresented. No consensus at all to end the fed, not in the poll, not from the people, and certainly not from this new progressive political movement.

16 percent that it should be abolished

Of course there is a passionate minority advocating whacked out destructive ideas like ending the fed and going back to the gold standard, but don't for a minute fall for the lie that these absurd ideas are at the core of the Occupy Wallstreet/99 movement.

I expect that 16% to gain serious momentum in the next few months. I doubt that half the eligible voters have a clue as to what "The Fed" actually is and who owns it. As that information makes it way down stream, serious changes will occur. I read somewhere this week that the total interest paid to the Fed last year was $416 billion.

but that is all changing

http://www.visualeconomics.com/the-anti-fed-fact-sheet/

[midas]

WWII Vet to Wall Street Protesters: “I Am So Proud Of All You People”

" am so proud of all you people who are showing your back bones, to stand up and put a stop to the Banking cartel, who is defining History, by insisting that We The People, use their Fiat Money system. Our Constitution states, that Only Gold and Silver shall be used as lawful Money. The So Called Federal Government, is really only to have Ten Square Miles, in which to conduct their so called wisdom to Protect the Sovereign States. But look at how much territory they call, Federal lands etc. We Have a rouge Government, which is completely out of control. Your movements of collective peaceful protests, are the beginning of the end for the crooked Fiat Money people. I am a WWII Vet, South Pacific Campaign. 94 years young, handy capped, from War Injuries. I want you to know from my Heart, I am so proud of each and every one of you. So Hang in there, your movement is just what this Country needs."

http://www.washingtonsblog.com/2011/10/wwii-vet-to-wall-street-protesters-i-am-so-proud-of-all-you-people.html

[serenitynow]

WWII Vet to Wall Street Protesters: "I Am So Proud Of All You People"

" am so proud of all you people who are showing your back bones, to stand up and put a stop to the Banking cartel, who is defining History, by insisting that We The People, use their Fiat Money system. Our Constitution states, that Only Gold and Silver shall be used as lawful Money. The So Called Federal Government, is really only to have Ten Square Miles, in which to conduct their so called wisdom to Protect the Sovereign States. But look at how much territory they call, Federal lands etc. We Have a rouge Government, which is completely out of control. Your movements of collective peaceful protests, are the beginning of the end for the crooked Fiat Money people. I am a WWII Vet, South Pacific Campaign. 94 years young, handy capped, from War Injuries. I want you to know from my Heart, I am so proud of each and every one of you. So Hang in there, your movement is just what this Country needs."

http://www.washingto...you-people.html

It's got a bit of a Posse Comitatus ring to it, but like them he is (largely) correct. I hope these folks stick to some kind of core message and don't overshoot. Otherwise they're going to become marginalized PDQ.

[Jingthing]

Please stop the misinformation campaign. The Occupy movement is NOT about ending the federal reserve, it is NOT about going to a gold standard, and it is NOT opposed to big government. Yes there are diverse voices among its supporters but it is twisted propaganda to try to give that false impression.

Watch the video here right now (it will change later) for a MUCH MORE accurate summation of the movement:

http://www.billmaher.com/

The video is of ALAN GRAYSON speaking.

Edited October 8, 2011 by Jingthing

[serenitynow]

Please stop the misinformation campaign. The Occupy movement is NOT about ending the federal reserve, it is NOT about going to a gold standard, and it is NOT opposed to big government. Yes there are diverse voices among its supporters but it is twisted propaganda to try to give that false impression.

Watch the video here right now (it will change later) for a MUCH MORE accurate summation of the movement:

http://www.billmaher.com/

The video is of ALAN GRAYSON speaking.

That is a more accurate view of the chief aims of this group, but it is not as partisan as you seem to believe and have claimed in prior posts, The media criticising these people really need to be taken to task.

http://finance.yahoo.com/blogs/daily-ticker/taken-task-occupy-wall-street-nattering-nabobs-negativity-180512423.html

[midas]

Please stop the misinformation campaign. The Occupy movement is NOT about ending the federal reserve, it is NOT about going to a gold standard, and it is NOT opposed to big government. Yes there are diverse voices among its supporters but it is twisted propaganda to try to give that false impression.

Watch the video here right now (it will change later) for a MUCH MORE accurate summation of the movement:

http://www.billmaher.com/

The video is of ALAN GRAYSON speaking.

yes but you can hardly describe ALAN GRAYSON as being a fan of the FED either !

[Jingthing]

I never said it was partisan, in the democrat/republican sense as both parties have failed the people and both parties are corporate bitches. However, anyone with basic knowledge about political issues can see clearly it is primarily a LEFT WING movement.

From your link --

* Higher Taxes on the Wealthy LEFT WING

* Prosecution of Financial Fraud MOSTLY LEFT WING

* Anti-Fracking and other "Green" issues LEFT WING

* Mortgage Modifications LEFT WING

* Campaign Finance Reform ANY WING

* Anti-War LEFT WING

* Universal Healthcare LEFT WING

* Student Loan Forgiveness and, of course, LEFT WING

* Jobs, Jobs Jobs ANY WING (depends on the policies favored to make that happen)

On the other hand, things this movement does not stand for ...

Ending federal reserve RIGHT WING

Going back to the gold standard RIGHT WING

Shrinking government RIGHT WING

Edited October 8, 2011 by Jingthing

[serenitynow]

I never said it was partisan, in the democrat/republican sense as both parties have failed the people and both parties are corporate bitches. However, anyone with basic knowledge about political issues can see clearly it is primarily a LEFT WING movement.

From your link --

* Higher Taxes on the Wealthy LEFT WING

* Prosecution of Financial Fraud MOSTLY LEFT WING

* Anti-Fracking and other "Green" issues LEFT WING

* Mortgage Modifications LEFT WING

* Campaign Finance Reform ANY WING

* Anti-War LEFT WING

* Universal Healthcare LEFT WING

* Student Loan Forgiveness and, of course, LEFT WING

* Jobs, Jobs Jobs ANY WING (depends on the policies favored to make that happen)

On the other hand, things this movement does not stand for ...

Ending federal reserve RIGHT WING

Going back to the gold standard RIGHT WING

Shrinking government RIGHT WING

OK, you never said it was partisan. I believe you , although anyone reading your posts for more than this past day may not.

[midas]

I never said it was partisan, in the democrat/republican sense as both parties have failed the people and both parties are corporate bitches. However, anyone with basic knowledge about political issues can see clearly it is primarily a LEFT WING movement.

From your link --

* Higher Taxes on the Wealthy LEFT WING

* Prosecution of Financial Fraud MOSTLY LEFT WING

* Anti-Fracking and other "Green" issues LEFT WING

* Mortgage Modifications LEFT WING

* Campaign Finance Reform ANY WING

* Anti-War LEFT WING

* Universal Healthcare LEFT WING

* Student Loan Forgiveness and, of course, LEFT WING

* Jobs, Jobs Jobs ANY WING (depends on the policies favored to make that happen)

On the other hand, things this movement does not stand for ...

Ending federal reserve RIGHT WING

Going back to the gold standard RIGHT WING

Shrinking government RIGHT WING

not any more !

End The FED Must Merge With Occupy Wall Street

http://vidrebel.wordpress.com/2011/10/08/end-the-fed-must-merge-with-occupy-wall-street/

[Jingthing]

OK, you never said it was partisan. I believe you , although anyone reading your posts for more than this past day may not.

I don't know what you are on about. It is an authentic ORGANIC progressive movement. I never said it was affiliated with the democratic party or Obama. I did say Obama MAY benefit from the new movement though and it MAY encourage him to move from being center left to a bit more left. I also know for a fact that the right wing is now making the false charge that the movement is a PLOT from Obama to help get him reelected.

Edited October 8, 2011 by Jingthing

[serenitynow]

OK, you never said it was partisan. I believe you , although anyone reading your posts for more than this past day may not.

I don't know what you are on about. It is an authentic ORGANIC progressive movement. I never said it was affiliated with the democratic party or Obama. I did say Obama MAY benefit from the new movement though and it MAY encourage him to move from being center left to a bit more left. I also know for a fact that the right wing is now making the false charge that the movement is a PLOT from Obama to help get him reelected.

You're nuts! Obama is not going to benefit from this movement as he is primarily seen as the protector of all that these people claim to disdain. As I've been saying for months, he needs to indict hundreds if not thousands of people if he wants to attain even a shred of credibility. He is largely seen as an enabler of Wall Street's raping of Main Street. Are the Republican's any better? No they are not. But there's an old saying in American politics that says "When the race comes down to a vote between a Republican and a Republican, vote for the Republican".

Edited October 8, 2011 by serenitynow

[Jingthing]

OK, I'm nuts. But with an emerging progressive movement, yes a kind of left wing tea party, it correctly puts Obama in a broader context and more people like the all important INDEPENDENT VOTERS will wake up to the fact that Obama is not the communist he is accused of being by the right wing. Already, the political dynamic of the upcoming election has been permanently altered. Before the script was right wing tea party, right wing republican party and a demonized "left wing" (but not really) Obama. That's over. If the right wing DIDN'T agree with my analysis, do you think they would now be spreading outrageous lies that the Occupy movement is an Obama plot DESIGNED to help him win reelection? Think about that one.

Edited October 8, 2011 by Jingthing

[midas]

not any more !

End The FED Must Merge With Occupy Wall Street

http://vidrebel.wordpress.com/2011/10/08/end-the-fed-must-merge-with-occupy-wall-street/

Nice to hear from tinfoilhat.com ...

just sour grapes on your part Jingthing because you know you are talking crap

In fact I just did an interesting exercise - I did a Google search typing in the words " does Occupy Wall Street want to see the Federal reserve ended ? " compared to " Occupy Wall Street do not want to end the Federal reserve "

See which one generates the most links

[serenitynow]

OK, I'm nuts. But with an emerging progressive movement, yes a kind of left wing tea party, it correctly puts Obama in a broader context and more people like the all important INDEPENDENT VOTERS will wake up to the fact that Obama is not the communist he is accused of being by the right wing. Already, the political dynamic of the upcoming election has been permanently altered. Before the script was right wing tea party, right wing republican party and a demonized "left wing" (but not really) Obama. That's over. If the right wing DIDN'T agree with my analysis, do you think they would now be spreading outrageous lies that the Occupy movement is an Obama plot DESIGNED to help him win reelection? Think about that one.

You really have to stop watching TV. Don't be held captive to every 24 hour news cycle which has a message that will disappear in the next 24 hours. I think American's would embrace Obama more if he was a communist. That's a definable entity at least, As things stand now he's a nothing. Just a bag full of rhetorical hot wind. He needs to LEAD for Christ's sake. From the left, from the middle, whatever. People don't care about those distinctions as much as you may think.

Edited October 8, 2011 by serenitynow

[craigt3365]

Two more links to www.tinfoilhat.com have been removed.

[Jingthing]

I think American's would embrace Obama more if he was a communist.

And I'm the one who's nuts? Okie Dokie. I agree Obama hasn't been a strong enough leader. He's trying harder now but like most people, I find many faults in his performance.

[flying]

You really have to stop watching TV. Don't be held captive to every 24 hour news cycle which has a message that will disappear in the next 24 hours.

Good advice!

It really shows when folks get their info via the media prism.

Info based on slanted opinions/interpretations such as MSN/Countdown or Faux news

will always get it wrong.

Instead read some books of the leading proponents who have been planting these seeds for many years.

There is info on the web also but the wheat must be sorted from the chaff.

You can tell when reading who gets their info from where.

[flying]

Two more links to www.tinfoilhat.com have been removed.

Craig I have not seen the links you mentioned twice now.

Can you say which site you deem tinfoil/censurable?

I know it is not literally tinfoilhat.com because out of curiosity I looked

Seems they are a web designer http://www.tinfoilhat.com/

Edited October 8, 2011 by flying

[Jingthing]

I'll take the WASHINGTON POST, my main news and analysis source, over tinfoilhat any day of the week!

[craigt3365]

Two more links to www.tinfoilhat.com have been removed.

Craig I have not seen the links you mentioned twice now.

Can you say which site you deem tinfoil/censurable?

I know it is not literally tinfoilhat.com because out of curiosity I looked

Seems they are a web designer http://www.tinfoilhat.com/

Ha, ha. You know which ones...some members have a unique skill for finding the most unusual websites.

I'm no fan of many of the mainstream media sites either...but neither am I a fan of many that have been linked to here.

As stated before, there are many other websites that thrive on such discussions...TV does not. I'm sure you understand. :jap:

[Naam]

I'll take the WASHINGTON POST, my main news and analysis source, over tinfoilhat any day of the week!

can one trust any media nowadays JT?

[cloudhopper]

From RNN

[midas]

Two more links to www.tinfoilhat.com have been removed.

Craig I have not seen the links you mentioned twice now.

Can you say which site you deem tinfoil/censurable?

I know it is not literally tinfoilhat.com because out of curiosity I looked

Seems they are a web designer http://www.tinfoilhat.com/

Ha, ha. You know which ones...some members have a unique skill for finding the most unusual websites.

I'm no fan of many of the mainstream media sites either...but neither am I a fan of many that have been linked to here.

As stated before, there are many other websites that thrive on such discussions...TV does not. I'm sure you understand. :jap:

is CHINA DAILY tin foil hat?

Chinadaily BBS » News Talk» United States» Marines heading to join Occupy Wall Street protests

http://bbs.chinadaily.com.cn/viewthread.php?gid=2&tid=715459

[midas]

Occupy Wall Street makes headlines in Chinese media

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20111005000084&cid=1101

[midas]

I'll take the WASHINGTON POST, my main news and analysis source, over tinfoilhat any day of the week!

well thank you so much that Jingthing

and they give a far more balanced view about that young guy who was ranting about ending fractional reserve banking than you did

http://www.washingtonpost.com/blogs/blogpost/post/occupy-wall-street-protests-grow-in-size-and-credibility-photos-video-live-updates/2011/10/05/gIQAIbD3NL_blog.html

Edited October 9, 2011 by midas

[craigt3365]

Ah yes, China. That bastion of freedom and truth. Right up there with Russia.

Per forum rules, a few posts discussion moderation have been removed.

21) Not to discuss moderation publicly in the open forum; this includes individual actions, and specific or general policies and issues. You may send a PM to a moderator to discuss individual actions or email support (at) thaivisa.com to discuss moderation policy.

[Pakboong]

I'll take the WASHINGTON POST, my main news and analysis source, over tinfoilhat any day of the week!

http://www.washingtonpost.com/politics/in-third-try-at-presidency-ron-paul-finds-gop-ideals-shifting-in-his-direction/2011/10/05/gIQAVwngQL_story.html

[JimGant]

I'll take the WASHINGTON POST, my main news and analysis source, over tinfoilhat any day of the week!

Yeah, The Post can certainly be a good source of information -- and often with a balanced array of OpEds.

In response to Occupy's cry of "We are the 99 Percent," today's Samuelson was a gem. Here's a few points to keep the other 1% in perspective:

most of America's rich --- however defined --- don't escape taxation. In 2007, the richest 10 percent paid 55 percent of all federal taxes, estimates the Congressional Budget Office. The richest 1 percent paid the lion's share of that: 28.1 percent of federal taxes. The average tax rate on the top 1 percent was 29.5 percent. Similarly, the richest 3 percent account for 36 percent of charitable contributions.

Better yet:

The trouble is that the wealthy don't fit the stereotypes: They aren't all pampered CEOs, hotshot investment bankers, pop stars and athletes. Many own small and medium-sized companies. Half the wealth of the richest 1 percent consists of stakes in these firms. That's double their holdings of stocks, bonds and mutual funds, according to figures compiled by economist Edward Wolff of New York University. Reid would pay for Obama's jobs plan by taxing the people who are supposed to create jobs. Does that make sense?

The backlash against the rich is the start of debate, not the end. Are the rich to be punished for succeeding or merely asked to pay their "fair" share? Who is wealthy or who's just well-off? Is $250,000 a reasonable cutoff for couples, as Obama once indicated, or has that been repudiated? If taxes do rise, what approach would best preserve incentives for hard work, investment and risk-taking? Are Obama's assaults on wealthy business leaders just deserts or political cheap shots? However measured, the rich are besieged; the attacks almost certainly will intensify.

Sadly, not something easily absorbed by a mob mentality.