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Update On Wall Street Protests

George Washington's picture




 

 

WWII Vet to Wall Street Protesters: “I Am So Proud Of All You People”  
WWII and Other Military Vets Support Wall Street Protest

A reader posted the following comment regarding the Occupy Wall Street protests:

I 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.

I’m not certain whether the reader is one of these gentlemen attending the Occupy Wall Street protests:

  I Am So Proud Of All You People

  I Am So Proud Of All You People

In fact, military men of all ages support the protests:

 

  I Am So Proud Of All You People

  I Am So Proud Of All You People

 

 

Conservatives Support Protests  
Conservative Groups Support Protests

Last month, I called on conservative groups to endorse the Occupy Wall Street protests:

It is time for some big conservative endorsements, to rally around the non-partisan issues important to all Americans.

The Tea Party should endorse the protests, but so should the Oath Keepers, taxpayer rights groups, conservative Christians, limited government groups, and all other conservative groups.

Karl Denninger – one of the founders of the Tea Party – certainly supports the protests, even if he doesn’t agree with some of the positions taken by some of the protesters.

And yesterday, the Oath Keepers and a founding member of the Tea Party announced that they are supporting the protests:

Oath Keepers sees good reason to stand in the streets with these awakening souls and protect their right to free speech, to peacefully assemble, and to redress their grievances to their government, as the Constitution prescribes for all Americans. That is one thing. Another facet of our initiative is to use these public gatherings to reach and teach many who now hunger for the truth – we can show them how the Constitution will protect them better than an oversized, bloated Federal behemoth hell-bent on controlling every aspect of each citizen’s life.

To point this out to the masses, Oath Keepers is organizing a joint effort along with Alex Jones of Infowars dot com (who himself called for an Occupy the Fed movement); Steven Vincent of End The Fed; Danny Panzella’s Truth Squad TV; Brandon Smith of Alt-Mkt.com; Gary Franch of Restore The Republic; and others as quickly as we can contact them. Remember Bob Dwyer, the guy who started the first Tea Party to launch the Ron Paul revolution? He’s in. The forces of Constitutional rule of law must muster now to deflect the bile being belched forth by the socialist/statist extremists …. Oath Keepers has the message American youth need. If we do not go out into the street and give them the truth, can we really say we’re still honoring our Oath?

Common Ground Between Conservatives and Liberals

As I’ve previously noted, both liberals and conservatives hate corporate socialism (where the federal government favors giant corporations at the expense of the little guy) . The Oathkeepers announcement zeroes in on this issue in a way that both conservatives and liberals can agree on:

When a corporation becomes larger than is useful, and seeks to concentrate financial power into the political and governmental spheres, its likeness is no longer the King Snake, but instead is more like a Rattlesnake. At a point we call such corps “Monopoly Capitalists”. By the time a grouping of such Monopoly Capitalist corps are setting U.S. foreign policy, which the arms industry certainly does nowadays, the problem becomes unbearably apparent. Bechtel comes to mind, along with Halliburton, the Carlyle Group, Monsanto, General Electric, et al.

That part of Wall Street is certainly to blame. But that is not “Capitalism”. Instead, it is “Monopoly Capitalism”, and it is now observably moving America into a new world order with intent to place America under the alleged authority of a one-world government. As such, Monopoly Capitalism is un-Constitutional and must be opposed.

While Michael Moore says that capitalism itself is the problem, Mr. Moore is wrong. As I’ve previously noted:

When Mahatma Gandhi was asked what he thought about Western civilization, he answered:

I think it would be a good idea.

I feel the same way about free market capitalism.

It would be a good idea, but it is not what we have now. Instead, we have either socialism, fascism or a type of looting.

If people want to criticize capitalism and propose an alternative, that is fine . . . but only if they understand what free market capitalism is and acknowledge that America has not practiced free market capitalism for some time.

***

People pointing to the Western economies and saying that capitalism doesn’t work is as incorrect as pointing to Stalin’s murder of millions of innocent people and blaming it on socialism. Without the government’s creation of the too big to fail banks, Fed’s intervention in interest rates and the markets, government-created moral hazard emboldening casino-style speculation, corruption of government officials, creation of a system of government-sponsored rating agencies which had at its core a model of bribery, and other government-induced distortions of the free market, things wouldn’t have gotten nearly as bad.

As Justice Louis Brandeis said:

In a government of laws, the existence of the government will be imperiled if it fails to observe the law scrupulously. Our government is the potent, the omnipotent teacher. For good or ill, it teaches the whole people by its example. If government becomes a lawbreaker it breeds contempt for law: it invites every man to become a law unto himself. It invites anarchy.

[Confirmed here.]

If there has been lawlessness and corruption among Wall Street players, it was partially simply modeling the lawlessness and corruption of the Executive Branch and Congress members. I’ve written elsewhere about how the government lied by saying Saddam had weapons of mass destruction and was behind 9/11 (when he didn’t and wasn’t), that we don’t torture (when we did), that we don’t spy on Americans (when we did), etc. Just like kids model what their parents do as well as what they say, Wall Street modeled the unlawful and corrupt actions of our government employees.

Being against capitalism because of the mess we’ve gotten in would be like Gandhi saying that he is against Western civilization because of the way the British behaved towards India.

Corrupt Politicians As Enablers of Corruption

The Oathkeepers and conservative alternative media powerhouse Alex Jones also zero in on the Federal Reserve system as a core problem. As Oath Keepers notes in its announcement:

Oath Keepers is planning to “Occupy The Fed Now!” and publicize this to remind the Occupy Wall Street people that the Fed is the source problem, without which the Wall Street criminals would be set back a hundred years. I will be posting our press release and a longer list of groups and orgs who will be joining Oath Keepers in this initiative.

We are currently drawing up our press release regarding our own response to the Occupy Wall Street phenomenon, which will be Oath Keepers’ official statement. We are now planning an official Oath Keepers project which we’ve named “Occupy The Fed Now!”.

Yes, Oath Keepers has seen the need to block the attempted takeover of the populist movement generally referred to as Occupy Wall Street.

In an extensive phone conference on the evening of October 04, 2011, we heard from Oath Keepers who have attended Occupy Wall Street, Occupy Boston, Occupy Los Angeles, and Occupy Seattle. The overall consensus from our people at these rallies is that most people attending the rallies are very open-minded to the Oath Keepers mission/message, and that they are hungry for answers. Indeed, our reports indicate that many Americans right now are awakening, in droves it seems, and they are full of questions for which we have the answer – the Constitution for the united States of America.

While progressives might assume that the Fed has helped the economy from getting worse, or that the importance of ending the Fed is being overhyped, top economists and financial experts disagree. See this, this and this.

As I pointed out Monday, whatever people think the government should do, the D.C. politicos have actually been a large part of the problem:

Because government policy is ensuring high unemployment, it is not surprising that the American protesters are angry at the Federal Reserve and other government institutions, and not just the big Wall Street banks.

Remember, Bush and Obama’s economic policies are virtually indistinguishable. Indeed, Obama actually likes high unemployment.

And as I noted in 2009, the government created the giant banks:

As MIT economics professor and former IMF chief economist Simon Johnson points out today, the official White House position is that:

(1) The government created the mega-giants, and they are not the product of free market competition

(2) The White House needs to “regulate and oversee them”, even though it is clear that the government has no real plans to regulate or oversee the banking behemoths

(3) Giant banks are good for the economy

Of course, the government has also made it policy to cover up fraud and protect the fraudsters, and so the free market has no chance to punish fraud or cleanse wrongdoing from the system.

Without government-created moral hazard emboldening casino-style speculation, corruption of government officials, creation of a system of government-sponsored rating agencies which had at its core a model of bribery, and other government-induced distortions of the free market, things wouldn’t have gotten nearly so bad.

Indeed, the government is so corrupt that the head of the economics department at George Mason University says that D.C. politicians are worse than prostitutes … they are “pimps”, since they are pimping out the American people to the financial giants.

And while co-option of government by the big banks is a huge problem, it is also true that corruption in government leads to corruption in the private sector. See this and this. The U.S. has truly become a banana republic, just like the worst Latin American countries.

So anyone who thinks that government would solve all of our problems if it were only freed from obstructionists is only seeing half the problem, and is falling for the oldest trick in the book … the ole’ divide and conquer strategy.


 

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Sat, 10/08/2011 - 13:38 | 1753070 stev3e
stev3e's picture

It doesn't matter what the current military status is.  A US citizen pledges to renounce their allegiance to any other country therefore cannot be commander of another nation's army.

Sun, 10/09/2011 - 03:25 | 1754217 boiltherich
boiltherich's picture

Ah as usual an opinion without fact.  Look at what you wrote and tell me you have not had a few and hit the keyboard without thinking...

A US citizen pledges to renounce their allegiance to any other country....

No US citizen can be required announce or denounce or renounce anything, sort of a first amendment problem with that one dear boy. 

That is a requirement of naturalization in the US citizenship process for foreigners seeking citizenship, but they are not yet citizens till they do it, once a citizen no power in the USA can tell you jack shit about what oaths you have to take, you make an oath to the USA and renounce all other previous oaths to other nations.  But, people can and do come to the USA for a variety of reason and some leave.  That does not mean that the nation of Ireland voided or recognized their oath to the USA, just as Ireland requires no oath of you to become a citizen there.  At least if you have a parent or grandparent who was a citizen as I did.  But you then say that if this new American citizen that has just renounced all other nations should go back they cannot be the Commander in Chief of that nations military.  So, you now know the Irish constitution better than I do?  Cite the article in the Irish constitution that proves your point. 

In the process of naturalization a foreign person seeks to become an American citizen, part of that is learning our laws, customs and language, and history, part is an official letting go of obligations to other lands, some of which are our enemy.  But, dual citizenship is not a matter of a foreigner coming to America and trying to hold both his homeland and the USA as master in their heart or by law, it is being born of more than one nation.  I am a dual citizen not for my beliefs or loyalties but by an accident of birth just as every one of our founders was, not one of them was an American citizen on July 3rd 1776 even though the war of Independence started a year earlier.  I am an Irish citizen by Irish law, and I am a US citizen by US law.  And I am a dual citizen by both nations laws.  I was born and raised in the USA so in my mind I am American first and foremost, but if you think I will ever neglect Ireland as my other home you are mistaken.  And I might add that more than 60 million Americans had a parent or grandparent from Ireland.  I suppose great grandparent now, but the number then rises to 85 million. 

I know what is behind all this talk about dual citizenship suddenly, it is the fact that B O had a Kenyan father.  It is pure undiluted teabagging GOP racist bullshit!  Hey, if you want to be a right wing white supremacist Nazi then own that.  You have a right to say you hate black people, or foreigners, or Jews, Irish, fags, muslims, there is no law saying you can't allow your small penis syndrome to run your life and mouth.  It is enshrined in the constitution that you can make a total asshole out of yourself for the entire world to see. 

Sat, 10/08/2011 - 09:14 | 1752597 Bicycle Repairman
Bicycle Repairman's picture

I repeat, dual citizenship should be abolished.  And further anyone who serves in a foreign army should have their citizenship revoked.  Immediately without further hearing.

Sat, 10/08/2011 - 12:21 | 1752971 boiltherich
boiltherich's picture

Fortunately for those that are dual citizens your opinion is just that, and you know what they say about opinions being like assholes.  I would hate to be made to choose, but if I had to choose tomorrow I would leave the fascist broken Amerika which is now no better than a developing nation shit hole filled with so called christian taliban people like you!  And I would also like to point out that Americans have served in the armed forces of China (Flying Tigers) Great Britain (Eagle Squadron) and in Spain on both sides of their civil war, both with distinction and the blessing of the USA.  But then what would facts and history mean to a puke like you and yur Reich wing buds at ZH who have the gall to tell a disabled vet I should not be allowed to hold citizenship in my native USA and the land of my father?  I laugh in your pimple scarred face, I will always be a citizen of both and I hope that just pisses you off for the rest of your diseased life.

Sun, 10/09/2011 - 04:04 | 1754236 bid the soldier...
bid the soldiers shoot's picture

How about a special tax for dual citizens? Or make them reaffirm their loyalty to this country every year with a notarized statement or at City Hall?

For which of your countries were you fighting when you became disabled? You don't mention your disability in your uncouth rant.

It may accrue to your benefit if Bicycle Repairman decides to sue you for slander.

Fri, 10/07/2011 - 21:38 | 1751843 cynicalskeptic
cynicalskeptic's picture

Gives you an 'escape option'......   might come in handy the way this country is going.

Fri, 10/07/2011 - 17:43 | 1751231 eddiebe
eddiebe's picture

Finally some people are showing enough balls to do something. America for all Americans! Thanks you all who are putting your bodies in the way of all the greedy sheisters who have been getting away with everything including murder in the name of capitalism and democracy.

Sat, 10/08/2011 - 09:59 | 1752680 Ranger4564
Ranger4564's picture

You need this.  I am not trying to spam the board with my comment, it's just relevant to so many comments, and I definitely do not want to post it various places, so i'm linking to it so 1 discussion can take place there.

http://www.zerohedge.com/contributed/update-wall-street-protests#comment...

Fri, 10/07/2011 - 17:32 | 1751211 hawks5999
hawks5999's picture

I think in the end, there will be blood.

Fri, 10/07/2011 - 23:39 | 1752104 Savyindallas
Savyindallas's picture

They'd better get goons from Blackwater - I don't know many american cops or feds who will fire on civilian protestors to support these banksters. And I know a lot of them.

Sat, 10/08/2011 - 07:52 | 1752495 snowball777
snowball777's picture

Prepare to be shocked, amazed, and disgusted.

Fri, 10/07/2011 - 20:45 | 1751678 Prometheus418
Prometheus418's picture

Maybe so, but I'm going to put my money on the Marine corp, should it come to a confrontation between them and the NYPD.

Sat, 10/08/2011 - 07:51 | 1752491 snowball777
snowball777's picture

It's funny more protesters don't bring their own pepper spray.

I'd love to see these fat, public sector unionized gluttons on a power-trip crying like the infantile bitches they are.

Fri, 10/07/2011 - 21:03 | 1751745 Ponzi Unit
Ponzi Unit's picture

NYPD will give them a wide berth.

Fri, 10/07/2011 - 17:59 | 1751277 Conrad Murray
Conrad Murray's picture

Good. Let all the conservatives and progressives kill each other off.

Sat, 10/08/2011 - 07:48 | 1752488 snowball777
snowball777's picture

Leaving the world safe for pantywaist posers...

Sat, 10/08/2011 - 10:03 | 1752691 CrockettAlmanac.com
CrockettAlmanac.com's picture

Collectivists are posers, individualists are not. Individuals don't have to pose as individuals.

Sat, 10/08/2011 - 10:27 | 1752739 snowball777
snowball777's picture

Individualists are...if their individualism is inherently rooted in dependency on others that they are unwilling to admit.

 

Sat, 10/08/2011 - 10:53 | 1752780 CrockettAlmanac.com
CrockettAlmanac.com's picture

Not at all. It seems that you willfully misunderstand. Individualists want the freedom to voluntarily engage with other individuals. That's what individual freedom is all about. Free markets are predicated on the division of labor and voluntary exchange. Free interaction is not a negation of codependency it is an affirmation of it.

Sat, 10/08/2011 - 13:39 | 1753071 Rynak
Rynak's picture

Bullshit, no they do not. What you're hinting at, is a THIRD option, that not really has a name yet.... perhaps mutualism would match. Both individualists and collectivists (that is, both, libertarians as well as fascisst) however are NOT part of it, even though both love to claim they are, as long as they do not have to consistently live up to it.

You cannot reasonably call yourself individualist, without being biased towards "everone for himself".... similarily, you cannot reasonably call yourself a collectivist, without being biased towards "everyone together".

It's basically the same as with reductionism and holism - both represent a predetermined BIAS, not a decision based on circumstances, reason, balance, efficiency and fairness.

Sat, 10/08/2011 - 14:03 | 1753119 CrockettAlmanac.com
CrockettAlmanac.com's picture

Realistically speaking humans are social creatures who benefit emotionally and economically from voluntary interactions with other individuals. Stop looking for an artificial system to regulate human behavior when love and respect are sufficient in the vast majority of cases to ensure the safety and prosperity inherent under natural law.

Sat, 10/08/2011 - 14:27 | 1753163 snowball777
snowball777's picture

That's why love and mutual respect were in such abundance before the advent of democratic government, huh?

 

Sat, 10/08/2011 - 22:25 | 1753885 CrockettAlmanac.com
CrockettAlmanac.com's picture

How many millions have your democratic governments killed in their grand display of love?

Fri, 10/07/2011 - 17:22 | 1751190 Earl of Chiswick
Earl of Chiswick's picture

#OccupyWallStreet

Thanks GW and a big FU to all the asshole armchair critics

Sat, 10/08/2011 - 12:25 | 1752980 Cistercian
Cistercian's picture

Thank you very much GW!!!

  The deepest fear and and absolute worst case for the super villains is the day when the people stand together as one and say NO MORE!Every evil device will be used by them to divide us and make us fight amongst ourselves.

 

 Instead I think we should realize we have much more in common with each other than we do with them.It is the super villains that are the enemy of everyone.They must be punished and marginalized and their evil influence ended.

Bit by bit they took over and stole the world...now we must unite and take it back.

 

  They are losing....as more people realize the true enemy.This is only the beginning....it is going to be an EPIC struggle.

 I won't miss them....not even a bit.

Sat, 10/08/2011 - 11:20 | 1752843 MrBinkeyWhat
MrBinkeyWhat's picture

Start pepper spraying the Marines. See how well that works out NYPD. You were revered after 9/11. No More.

Sat, 10/08/2011 - 09:58 | 1752679 CrockettAlmanac.com
CrockettAlmanac.com's picture

Thanks GW and a big FU to all the asshole armchair critics

 

Right. People should hop on board each and every mass movement without looking into them first. It's foolish to try to ascertain the facts and make up your own mind when you can just go along with the crowd.

Fri, 10/07/2011 - 22:00 | 1751902 iNull
iNull's picture

"a big FU to all the asshole armchair critics"

I've had my ass in the bush. Can't say I liked it much. As it happens I find myself where I belong. In the rear with the gear.

Sat, 10/08/2011 - 09:50 | 1752662 cossack55
cossack55's picture

Why is it the REMFs nearly always survive?

Fri, 10/07/2011 - 20:40 | 1751663 buyingsterling
buyingsterling's picture

Right on, brother.

Paraphrasing others: "I don't like the OWS protests because there are Marxists there. I'm not playing".

It's the only game in town, play or start your own, critics. Or you can fuck off, like the other guy said.

Sat, 10/08/2011 - 09:05 | 1752572 DaveyJones
DaveyJones's picture

critical mass bitchez

Sat, 10/08/2011 - 07:47 | 1752487 snowball777
Fri, 10/07/2011 - 20:17 | 1751589 Bob
Bob's picture

Best photos I've seen, very well done. 

Fri, 10/07/2011 - 19:42 | 1751503 MrJingles
MrJingles's picture

These people are all being played by the powers that be.  Everyone should wake up.  If Obama is for this and the unions are for it maybe social unrest brings some value to their agenda like illustrating the need for more government control, more checkpoints, and less freedom.

These people are playing right into the banker's hands.  Ridiculous.

Sat, 10/08/2011 - 13:31 | 1753066 Louie the Dog
Louie the Dog's picture

That's exactly what these leftist malcontents want, more government control.  Those who see this as some grassroots non-partisan movement are fooling themselves, or more likely just idiots.  This carnival is nothing more than what meets the eye, a collection of losers, children out to get laid, and union thugs doing Obama's bidding.

The organizers of this freak show want nothing but to transfer wealth from Wall Street to Washington and impose ever greater control over the lives of the American people for their own benefit. 

Sat, 10/08/2011 - 09:03 | 1752568 DaveyJones
DaveyJones's picture

Jingles you are a system victim.   Protest, resistance, and system shutdown are the only methods left

Fri, 10/07/2011 - 21:02 | 1751740 Ponzi Unit
Ponzi Unit's picture

Fuck off, Jingles.

Fri, 10/07/2011 - 20:46 | 1751681 dwdollar
dwdollar's picture

NO... Obama is "supporting" it in order to discredit it. It's a very clever move.

Sat, 10/08/2011 - 00:10 | 1752153 AmCockerSpaniel
AmCockerSpaniel's picture

Obama is being very very careful in picking his words. If a man means what he is saying, he does not tip pie toe in saying so. I know they (TBTF) are doing these things to us out of their greed. They (starting with the TBTF's) need to be locked up. What was done was a crime (bribery & fraud).

Fri, 10/07/2011 - 23:21 | 1752076 Milestones
Milestones's picture

Huh?? Please show me the logic of your statement!!!!      Milestones

Sat, 10/08/2011 - 09:19 | 1752517 Al Gorerhythm
Al Gorerhythm's picture

He's a politician. What other telltale do you need?

Sat, 10/08/2011 - 07:42 | 1752479 snowball777
snowball777's picture

Obama saying he supports it (because it is good populist PR) and Obama actually doing something to assist OWS in their aims (as in actually taking on Wall St or the control of money over politics) are not interchangeable.

Sat, 10/08/2011 - 11:22 | 1752742 Bob
Bob's picture

He didn't say that he supports OWS.  He did spin off what is undeniable--widespread rage about Wall Street, etc.--onto the republicans.  That's all he did. 

They'll all be doing the same, from one angle or another. 

When all is said and done, however, if OWS can legitimately be blamed on a single person in this nation, its target is clear: Barack Obama. 

It speaks for itself.  Or it should. 

Barry does not sponsor this movement. 

Sat, 10/08/2011 - 15:47 | 1753293 byteshredder
byteshredder's picture

If Barry doesn't support these protests; he should. These occupaitions distract people from his role in: 

9.1% unemployment

Fast & Furious

Solyndra

34% approval rating

It shifts blame for the economy from his failed policies and failures of big government to an enemy outside Washington. In the coming campaign season, Barry will try to connect the people's rage against Wall Street to his Republican foe when in actuality the Community Reinvestment Act -- a brainchild of the Democrats -- is the root cause of our recent financial collapse. These protests are his campaign manager's wet dream.

Fri, 10/07/2011 - 20:08 | 1751565 Vic Vinegar
Vic Vinegar's picture

Get real Jingles.  Per picture #2 even John Wooden himself came out for this thing.  Surely you can get behind OWS as well.

Fri, 10/07/2011 - 18:53 | 1751394 Cynical Sidney
Cynical Sidney's picture

Dissent is the highest form of patriotism. Salute to the true soldiers who are fighting our enemies, domestic or abroad.

Sat, 10/08/2011 - 01:49 | 1752279 WallStreetClass...
WallStreetClassAction.com's picture

we could use a daizy cutter on the fed building....

Fri, 10/07/2011 - 20:37 | 1751649 High Plains Drifter
High Plains Drifter's picture

what enemies?

Fri, 10/07/2011 - 20:08 | 1751563 knukles
knukles's picture

Heavy duty undertow... OathKeepers publicly lending support.
That, dear readers, is subtle indica of a game changing event.... potential Watershed.

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