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Wall Street Protest Starting to Look Like Egypt

George Washington's picture





 
Wall Street Protest Starting to Look Like Tahrir Square, Egypt

Alexander Higgins reports:

NYPD police scanners are estimating a crowd up to 5,000
are occupying liberty square in a scene that is now starting to look
more like Egypt’s Tahrir square.

 

The protests have become so large that Fox News has set up a live stream covering the protests. Here are some screen shots from their camera.

 

Thousands Turn Out To Occupy Wall Street Protests Sept 30 Wall Street Protest Starting to Look Like Egypt

 

Thousands Turn Out To Occupy Wall Street Protests Sept 30

Thousands Turn Out To Occupy Wall Street Protests Sept 30 2 Wall Street Protest Starting to Look Like Egypt

Thousands Turn Out To Occupy Wall Street Protests Sept 30 -2

Thousands Turn Out To Occupy Wall Street Protests Sept 30 3 Wall Street Protest Starting to Look Like Egypt

Thousands Turn Out To Occupy Wall Street Protests Sept 30 -3

 


Here are some additional photographs from a helicopter.

Who Are the Protesters?

Wall Street is trying to write all of these people off as being
“hippies” who “need to get a job” (to which the protesters would
respond: That’s the point – There are no jobs, because Wall Street has destroyed the economy.)

 Wall Street Protest Starting to Look Like Egypt.

The poor and the desperate, formerly-middle class people participating in the protests are not taking well to Wall Street’s “Let them eat cake” response.

But all types are marching, including grannies and pilots:

6198637099 4ec20b55f2 z Wall Street Protest Starting to Look Like Egypt

 

610x Wall Street Protest Starting to Look Like Egypt

 

Marines and other military men and women.

Wealthy folks such as Russel Simmons and Alec Baldwin.

Liberals and conservatives.

On the other side of the protest line, Mayor Bloomberg is whining that the protesters are targeting bankers who “are struggling to make ends meet”.
He has a point: if Wall Street is reined in so that the rest of the
country has a chance, the bankers might have to cut back on their mistresses, prostitutes and solid gold toilets.
blank Wall Street Protest Starting to Look Like Egypts o03 57968784 Wall Street Protest Starting to Look Like Egypt

Class Warfare?

Yes, this is class warfare. But it is class warfare by the 1% against the other 99% (and see this). Specifically, it is the looting of the country by the top .1% through fraud.

As Warren Buffet – one of America’s most successful capitalists and defenders of capitalism – points out:

There’s class warfare, all right, but it’s my class, the rich class, that’s making war ….

Leading economists note that rampant inequality was one of the main causes of the Great Depression and of the current economic crisis.

Indeed, given that inequality in America is worse than Egypt (or Tunisia, or Yemen or most Latin American banana republics), and that social mobility is lower in America than in most European countries (and see this), we have been predicting these types of protests for years.

If Wall Street is starting to look like Tahir Square, it is because
America is starting to look more and more like Egypt – with a handful of
super-rich, and crumbs for everyone else.

 


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Fri, 10/14/2011 - 18:46 | Link to Comment ejhickey
ejhickey's picture

If "Wall Street Protest Starting to Look Like Tahrir Square, Egypt"  then is Obama the equivalent of Mubarak and are the protestors going to demand his resignation?

Sun, 10/02/2011 - 16:14 | Link to Comment Dire Wolf
Dire Wolf's picture

 

http://sociology.ucsc.edu/whorulesamerica/power/investment_manager.html

A Different Perspective 

Hello,

    First, a confession: I am an evil 1%er. Before simply dismissing my post outright, please open and read the link that I have provided above to get an idea of just what that might mean. Now that millionaires are lumped with billionaires, and the top 1% of income earners are often considered to be only Wall Street insiders and the banking elite, I felt the need to point out that, even within the top 1%, there is a huge difference between those at the lower end of this group and those in the top .01%. I am a small business owner, not a Wall Street banker or a billionaire. I built my business over the last three decades with hard work, by taking risks that others did not, and by continually reinvesting my income back into my company. Today I own ten free standing retail stores in a busy tourist area in Florida. I own, with mortgages of course, all of the buildings that I occupy, mostly because there were often no buildings available to rent when I moved here. For years, my hope was to have all of my mortgages paid of by the time that I was sixty, so I aggressively paid down my mortgages when ever I could. Alas, that was not to be.

   Some quick background information about me personally. I was born and raised in a fairly middle class family, I went to public schools, and I put myself through college with the hope of attending law school. I graduated university (not Ivy League!) in 1982, smack in the middle of our last great recession. I could not afford to attend law school, so I began a series of odd jobs while looking for a "real" job. As recessions tend to hit the 18 to 24 demographic particularly hard, my search for a "real" job did not work out well for me, so I eventually went back to my old summer job working in a beachwear store in Myrtle Beach, S.C. The way that I saw it, if I was going to be poor, I might as well wear short pants and flip flops to work and live at the beach. My boss was a decent guy who would always let me work as many hours as I wanted, paying me just above minimum wage by check for the first forty hours, and cash for overtime, but with no time and a half. I was also able to rent a small one room apartment for $50 per week that allowed me to walk to work. It was a fairly nasty place, and most people only stayed in these apartments for a season or two, but I managed to hang in there for six years, the first two with a room mate to cut expenses. To fast forward, I eventually became a manager, and later a partner in six of the companies thirty plus stores. This partnership was very one sided in favor of my boss, and he did it not out of kindness, but simply because he needed money to grow. In 1989 we got hit by Hurricane Hugo, and I lost pretty much everything. Insurance was not all that I had hoped it would be, but I was able to unwind a fairly complicated partnership so that I could strike out on my own. During all of this time I did not own a car, marry, use a credit card, or buy a home. I simply worked and saved.

   When I finally found a suitable location in Southwest Florida that I felt had good growth potential, I sought to rent or purchase the best location that I could find. This proved impossible with what I thought was a sizable chunk of savings, so I called my old partner back and went in fifty-fifty on the deal, with me doing all of the work. Again, it was not an ideal situation, but it was an opportunity. That arrangement lasted for three years until my partner ran into some financial problems due to over expansion and I was able to buy him out. Within a year I was able to rent a building on a neighboring island (a building that I eventually bought) and thus began the growth of my little business empire. I made some mistakes along the way, to be sure, but I still managed to open eight more stores over the next sixteen years or so, and I now employ around 135 people who average between 18-25 years old, with a few thirty-thirty-five year olds who stayed on and became managers. Retail in general, and tourist related retail in particular, has a very high turnover rate. This is not due to pay or benefits, it is simply because a typical "beach" employee is either somewhat transient, or a student who will go off in another career direction after graduating. Through out most of this time I have worked seven days a week, and often between 80 to 100 hours per week in season. In general, my work has been quite rewarding when measured in both personal satisfaction and financial success. In fact, just before the housing crash I actually racked up three consecutive years where I paid $1,000,000+ in federal income tax.

   Now my point: I built my business through hard work, saving, and risk taking that were all mine to win or lose, and I believe that the income and wealth that have resulted from my hard work is mine and mine alone. I pay my employees slightly above the going rate in my business environment, and those employees that have been willing to work hard and remain dedicated have been able to become successful managers with salaries that have allowed them to buy homes and raise families. A few have gone off on there own. Some have succeeded and some failed. However, the vast majority have simply squandered their futures by living beyond their means and failing to save for their futures. Over the years I have offered many benefit packages, including health care insurance, but the participation levels were too low to make them viable. Young people tend to think that they will live forever. I have heard the argument that I essentially built my business on the backs of others. Well, I paid them, and those who worked hard and chose to stay were actually paid quite well. What they did with their money is not my responsibility.

   Taxes are another interesting point. I have heard that I should pay more because I use a disproportionate amount of our nations infrastructure. Well, in my state at least, when ever I build a store I pay a large tax called an "impact fee" that is designed to cover the impact that my business will have on our local and state infrastructure. I also pay upwards of $150,000 per year in state and local property taxes that primarily go to pay for one of the worst school systems in the country (I then shell out another $18K so that I can send my child to the only secular private school in town). There are many, many other taxes that I must pay, like the matching payroll tax on $1,000,000+ in annual wages that I pay to my employees every year, unemployment insurance, etc.

   As an interesting example of unintended consequences, my unemployment insurance went up two years ago from $1,250 to $45,000 annually. Florida goes back nine quarters when determining rates, so once someone receives benefits that last ninety-nine weeks or more it is almost impossible for me to lower my premium. The problem is two fold: the new computerized system now used when applying for benefits is so easy that you no longer have to go wait in line and occasionally prove that you are at least trying to find work, and the system is so overwhelmed that I routinely receive notices about an unemployment claim after the date by which I must respond. Hence, many people are collecting benefits who were caught stealing or groping their fellow employees. Never mind that we can hardly find help. It seems that much of America's youth would rather sit at home collecting unemployment, or collecting and working a cash job on the side. What exactly are we teaching these kids anyway?

   Another example of unintended consequences that may be heading my way is in the new health care legislation. As I said earlier, I have around 135 employees, and I have offered many forms of health insurance over the years with very few takers. I have offered HMOs PPOs, catastrophic care, minimalist policies. You name it. I have offered to pay as much as 75% of the total premiums as well. Still, no takers: kids live forever, and 25% of $165 buys a lot of beer. Under the new health care legislation I am now considered a large employer. That means that I get credit for the first thirty-five employees, and I then must pay a $2,000 per year penalty/tax for each of the remaining one-hundred employees. That's nothing more than an additional $200,000 tax burden based mostly on the type of employees that I have (i.e. their age and general disposition) and the fact that I have provided so many jobs for them. Interestingly, my attorney received a letter from the I.R.S. explaining that how he is entitled to rebates as a small employer. Go figure.

   As for wealth, perhaps it is true that the rich keep getting richer, provided of course that you are in the higher end of what "rich" really is. As for me, the vast bulk of my personal wealth is my business, and the vast majority of my business's wealth is the property that it owns. I understand that private homeowners have suffered tremendously due to declining price of real estate. That is especially true in Southwest Florida. Through no fault of their own, many people who have faithfully paid their mortgages on time for years were shocked to see their principle wiped out, mostly due to the bad choices and the bad business models (or the outright fraud) of others. Rest assured, commercial real estate has not been spared. In 2004 I had a loan to value ratio of 40% of all of my commercial property. I actually had a manager who bought eight homes as an investment back in 2005. In 2009, fearing higher taxes I decided to abandon my "paid off at sixty" plan and refinanced everything. The problem was that I had paid my mortgages down so aggressively that I was paying over $1,000,000. Well, since principle is taxable income, I would need to make $1,400,000 in profit just to cover the principle payments on my mortgages (assuming the 40-42% tax rate that many were predicting). I was genuinely afraid that I might be taxed out of business. When I got my buildings appraised, I learned that I am now back at just around 80% loan to value. It now appears every dime of principle that I have ever paid has simply evaporated. Worse, my mortgages may well be underwater now only two years later. Why? Mostly because so many strip malls were built in my area with no pre existing tenants. I am still an owner operator who has never even been late with a payment, but commercial real estate values continue to collapse through no fault of my own. Worse, I could not find a bank to go out longer than seven years. That means that I may well have to refinance in a much higher interest rate market in another five years.

   Now, for those who have never been in retail, here is a quick primer on what it takes to build a start up. First I have to find a piece of property that I believe is a good location, negotiate a price, and find a bank that will finance the deal. Generally, commercial loans of this sort will only finance 75% of the estimated cost of the land and the building, but with cost over runs, impact fees, etc., it is not uncommon to have to come up with 30-35% of the total costs out of pocket. Remember, this is after tax money. Then I have to fill he store. It is true that I get some vendor credit, but buy and large, everything must be paid off by the end of he year. For a 10,000-12,000 square foot building that I typically need for my business, that can be anywhere from $250,000 to $300,000. Again, this is taxable income, so a good chunk of change has to come from somewhere else. For this I create a long term investment for myself. I also create anywhere from 18 to 25 full time jobs, as well as plenty of part time jobs.

   So, at least for now I am still in that evil 1% that we all hear so much about. As for wealth, I have lost almost all that I have worked for for nearly three decades. As for income, who knows? I would love to open another store next year, but how can I take the chance while facing the very real possibility of higher taxes and higher interest rates. A combination of both could quite literally put me out of business, adding another 136 to the unemployment roles. I am not complaining. While it is true that I do have flat feet and that I pretty much worked away most of my twenties and thirties while many around me were having fun, I live a good life now. I also provide jobs for a demographic that has an unemployment rate of nearly 50%, many of whom prefer unemployment, and who's favorite bumper sticker reads "Eat the Rich".

   There is a deliberate movement in this country by some to foment class and racial warfare for political gain. While I do not disagree that there is also class warfare emanating from the very rich. Not all millionaires and 1%ers are Wall Street Bankers. I built what I have, I provide a service, and I create jobs. The financial crimes that have been perpetrated upon the people of this country are obscene, and I fully believe that many should be punished; not with taxes, but with jail! Unfortunately, the rhetoric of class warfare makes terms like "millionaires and billionaires" and "the wealthiest one percent" easy targets to paint with a very broad brush. Again, I urge you to read the link above to get an understanding of just who some of us are. If you want to take down JP Morgan and Goldman Sachs, and especially the Fed, brother I'm with you. But if you want to attack the upper ten, or even one percent of American income earners, please know that many of us have worked our whole lives to build what we have and that we are quite proud of what we have accomplished and what we contribute to society. We have made sacrifices, taken risks, and we have created jobs. If you take us down, you take down the American Dream.

Respectfully,

               Dire Wolf 

 

Wed, 10/05/2011 - 12:01 | Link to Comment RockyRacoon
RockyRacoon's picture

I've read this in 2 places now.  I'll suppose there are others.   Nobody guaranteed you success in business.   Sounds like all your entrepreneurial eggs are in one basket:  The tourist trade.   Did it occur to you that the sales would plummet in a recession/depression?   Perhaps you were too busy stocking shelves to notice that gov't was after your hard-working ass because, as Willie Sutton said,  YOU are where the money is.    I don't come at your position from outside your own milieu as I have been self-employed ALL my life.  Never had a paycheck from an employer as such.   I can sympathize with your plight, but I can't sympathize with your lack of vision.  Those who have never owned/run a fully independent business cannot understand your detailed analysis, but they can agree with your conclusion.  As can I.  BUT, you've chosen a faulty business plan, and you shall pay the price.

Tue, 10/04/2011 - 00:33 | Link to Comment JW n FL
JW n FL's picture

 

 

1% aint .01%..

if you add in the trusts and offshore shit.. then 1% is lite.. but people the number is .01%(ish)

unless you have a sister ship?

multiple leases with GE for your engines?

You are not who we are talking about.. so quit yer bitchin!

http://www.youtube.com/watch?v=rZOc2LQ5xVY&feature=

 

Sun, 10/02/2011 - 16:08 | Link to Comment Hapte
Hapte's picture

ZeroHedge has been plugged more than once on the live stream. These "commies" sure seem pretty open-minded ideologically speaking.

Sun, 10/02/2011 - 13:52 | Link to Comment Loan Gunman
Loan Gunman's picture

 

The left wing slime organizing the Occupy Wall Street demonstrations are as bad as what they're protesting.  Notice they aren't protesting the government because the government is their beloved Messiah.  The banks couldn't get away with this stuff if the government didn't let them.

Sun, 10/02/2011 - 16:11 | Link to Comment Hapte
Hapte's picture

Your type will always see what they want to see until you want to see something else.

Sun, 10/02/2011 - 12:59 | Link to Comment slackrabbit
slackrabbit's picture

Facebook and google are now censoring.

 

Sun, 10/02/2011 - 14:03 | Link to Comment Hapte
Hapte's picture

Seconded.

Sun, 10/02/2011 - 12:41 | Link to Comment topshelfstuff
topshelfstuff's picture

time for all you from the 60's to join in

http://www.youtube.com/watch?v=LUTkavuPrv

 

Sun, 10/02/2011 - 11:56 | Link to Comment msjimmied
Sun, 10/02/2011 - 11:52 | Link to Comment bigmikeO
bigmikeO's picture

I agree, looking a lot like Egypt: A bunch of America haters protesting.

In this case, a bunch of Obama-Zombies pretending that they hate banks, when they really just hate capitalism and want to replace it wtih socialism.

The ZH leftists are trying to pass this off as some sort of "Tea Party" movement against Goldman Sachs / JP Morg, etc - but I guarantee you that 99% of the people protesting Wall Street don't even know who GS/JPM is.

Just the fact that the Susan Sarandon and other Hollywood celebrities are getting involved (as well as unions) says that this is a socialist movement which will only lead to more poverty and government control.

Wall Street wouldn't be a problem if the Democrats / Libs / Socialists didn't support them and then blame it on conservatives.

Sun, 10/02/2011 - 13:01 | Link to Comment chunga
chunga's picture

You're full of crap cowboy.

Sun, 10/02/2011 - 11:30 | Link to Comment MarketWatchTerrorist
MarketWatchTerrorist's picture

Peaceful protests haven't changed a thing in all of recorded human history.

 

Let me know when the shooting starts.  Until then this is all just a masturbatory celebration of American "Democracy" where the elite let these sheep parade and chant and point to it as an example of why we're the greatest nation on Earth.

 

No justice, no peace.

Sun, 10/02/2011 - 12:33 | Link to Comment Whalley World
Whalley World's picture

Uh, not so fast sparky, I seem to recall this guy in India, Mahatma something (I had it but now its Gandhi)

Anyway if one frail leader could kick out the British Empire, I think you msy want to rethink that silly statement.

Sun, 10/02/2011 - 11:24 | Link to Comment JW n FL
JW n FL's picture

 

·         NYPD was PAID! $4.6 Million Dollars by JP Morgan 2 days before this happened! look it up on google! it's there! ALL OVER THE PLACE!!

A Donation so that the NYPD could afford to arrest little girls and kids singing peace songs! I feel soooooo much safer!

We would not want Wall Street Bankers to have to see the truth or listen to the truth.. ever!

The NYPD! New York's Finest were Rented Out like the WHORES THEY ARE! Just like the Rockefellers Rented the National Guard at the Ludlow Massacre!!

 

The Rockefellers Are Baby Killers: Ludlow Massacre

http://www.youtube.com/watch?v=Ciy8OPJYqWU

Uploaded by TerroristCitizen on Sep 16, 2010

Daily News @ http://RevolutionNews.US ~ The massacre occurred in a carefully planned attack on the tent colony by Colorado militiamen, coal company guards, and thugs hired as private detectives and strike breakers. They shot and burned to death 20 people, including a dozen women and small children. Later investigations revealed that kerosine had intentionally been poured on the tents to set them ablaze. The miners had dug foxholes in the tents so the women and children could avoid the bullets that randomly were shot through the tent colony by company thugs. The women and children were found huddled together at the bottoms of their tents.

---

A quote from David Rockefeller's autobiography 'Memoirs' -

"For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will.

If that's the charge, I stand guilty, and I am proud of it."

- David Rockefeller

This video taken from the film: Psywar - The real battlefield is your mind

http://www.youtube.com/watch?v=j7A2hVDdB10

 

 

Sun, 10/02/2011 - 11:25 | Link to Comment JW n FL
JW n FL's picture

 

 

J.P. Morgan Chase "donates" $4.6 Million to NYPD ... www.ericallenbell.org/.../j-p-morgan-chase-donates-4-6-million-to-n... You +1'd this publicly. Undo

1 day ago – JPMorgan Chase recently donated an unprecedented $4.6 million to ... as well as security monitoring software in the NYPD's main data center. ...

?

·  Quelle Surprise! "J.P. Morgan Chase "donates" $4.6 Million to NYPD ... stopforeclosurefraud.com/.../quelle-surprise-j-p-morgan-chase-donat...Cached You +1'd this publicly. Undo

20 hours ago – JPMorgan Chase recently donated an unprecedented $4.6 million to the ... Tags: 4.6 Million, donation, jamie dimon, jpmorgan chase, NYPD ...
Get more results from the past 24 hours

·  JP Morgan chase bank donates 4.6 million to NYPD,coincidence ... https://occupywallst.org/.../jp-morgan-chase-bank-donates-46-million...Cached You +1'd this publicly. Undo

News and resources for protesters attending the mass demonstration on Wall Street against financial greed and corruption.

·  JP Morgan Chase donated $4.6 million to the NYPD - Democratic ... www.democraticunderground.comDiscuss You +1'd this publicly. Undo 1 post - 1 author - Last post: 7 hours ago

JP Morgan Chase donated $4.6 million to the NYPD.
Get more discussion results

·  Daily Kos: JP Morgan buys NYPD for $4.6 million www.dailykos.com/story/.../-JP-Morgan-buys-NYPD-for-$46-million You +1'd this publicly. Undo

5 hours ago – JPMorgan Chase recently donated an unprecedented $4.6 million to ... as well as security monitoring software in the NYPD's main data center. ...

 

and then.. 2 fucking days later?

 

·  700 arrested on Brooklyn Bridge after protest
USA Today - 12 minutes ago During Saturday's march on the Brooklyn Bridge, some protesters sat on the roadway, chanting "Let us go," while others chanted and yelled at police from the ...

1846 related articles

·  700 arrested after protest on NY's Brooklyn Bridge
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·  NYPD Arrest Hundreds Of 'Occupy Wall Street' Protesters On ...
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·  Police Arrest More Than 700 Protesters on Brooklyn Bridge ... cityroom.blogs.nytimes.com/.../police-arresting-protesters-on-brookl...Cached You +1'd this publicly. Undo

17 hours ago – The police arrested more than 700 demonstrators from the Occupy Wall Street protests who took to the roadway as they tried to cross the ...
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·  700 arrested at Brooklyn Bridge protest - CBS News www.cbsnews.com/stories/2011/10/02/.../main20114436.shtmlAdd to iGoogle You +1'd this publicly. Undo

2 hours ago – Mass arrests as "Occupy Wall Street" demonstrators block traffic lane; Similar protests spread to other cities.
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·  700 arrested after protest on NY's Brooklyn Bridge - Yahoo! News news.yahoo.com/700-arrested-protest-nys-brooklyn-bridge-0300091... You +1'd this publicly. Undo

2 days ago – Read '700 arrested after protest on NY's Brooklyn Bridge' on Yahoo! News. Protesters speaking out against corporate greed and other issues ...

 

That is how Corrupt our Country has become.

The excuse?

NYPD could not afford to police its streets..

NYPD could not afford to Jail all those people..

So? JP Morgan used Tax Monies / Bailout Monies (some of the TRILLIONS we GAVE TO JP MORGAN, FOR FREE!) to use against "We the People"!

the excuse being.. that "We the Sheepish Consumers" can NOT Tell when JP MORGAN HAS A 24 Inch Cock Crammed Up our Collective asses!

I know that some of you bottom feeders here will be grateful that JP Morgan used $4.6 Million dollars of TAX PAYER Money to fuck with Tax Payers.. because you think you will one day be one of those using tax dollars against "We the People" to control us.. because we are sooooooooooo fucking stupid that we are unable to treat other people like human beings.. or maybe because the majority refuses to treat other Human Beings like a Cow that should be leveraged and drained of every penny possible.

The time is coming when all those toys.. will be spread around, for FREE to others to play with.

Your Time is coming to an end and NONE too soon.

 

The investigation also revealed that the Fed outsourced most of its emergency lending programs to private contractors, many of which also were recipients of extremely low-interest and then-secret loans.

The Fed outsourced virtually all of the operations of their emergency lending programs to private contractors like JP Morgan Chase, Morgan Stanley, and Wells Fargo. The same firms also received trillions of dollars in Fed loans at near-zero interest rates. Altogether some two-thirds of the contracts that the Fed awarded to manage its emergency lending programs were no-bid contracts. Morgan Stanley was given the largest no-bid contract worth $108.4 million to help manage the Fed bailout of AIG.

A more detailed GAO investigation into potential conflicts of interest at the Fed is due on Oct. 18, but Sanders said one thing already is abundantly clear. "The Federal Reserve must be reformed to serve the needs of working families, not just CEOs on Wall Street."

http://sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf

 

 

Sun, 10/02/2011 - 14:06 | Link to Comment High Plains Drifter
High Plains Drifter's picture

check it outv jw......free pizza for everyone and free tarps and tents so you can sleep in the park and stay dry. isn't that sweet?  not only that but if you notice you have certain people walking around yelling and starting the chants that the crowds are supposed to say in unison together. isn't that great.........  amerikan cattle are so easily lead to slaughter....

Tue, 10/04/2011 - 00:27 | Link to Comment JW n FL
JW n FL's picture

 

 

when they start shooting the children.. I start shooting them.

Sun, 10/02/2011 - 14:03 | Link to Comment Hapte
Hapte's picture

See you in NYC JayW?

Tue, 10/04/2011 - 00:29 | Link to Comment JW n FL
JW n FL's picture

 

 

 

only if those spinless fucking nazi pigs get out of hand and hurt the children.. then sure, I will stop by long enough to watch it all burn to the ground..

Sun, 10/02/2011 - 11:46 | Link to Comment gmrpeabody
gmrpeabody's picture

I had family that were in those Ludlow tents. I have heard these stories over and over since I was old enough to stand. I have heard stories about the aftermath of those events. Nothing pleasant.

It can happen here, people.

Sun, 10/02/2011 - 11:43 | Link to Comment blindman
blindman's picture

http://jessescrossroadscafe.blogspot.com/2011/09/precious-metals-duopoly...
30 September 2011
The Anglo-American Precious Metals Derivatives Duopoly: Quarterly OCC Report
...
The leviathan JPM, uber bank of Rockefeller and Morgan, holds 80% of the gold derivatives in the world, with HSBC having the rest. HSBC was founded in the British colony of Hong Kong and is now headquartered at Canary Wharf London.

At this sort of concentration you do not have a size advantage, you ARE the market, with all that it implies in terms of knowledge of positions et cetera, at least concerning derivatives. In the non-gold precious metals JPM's derivatives are a more modest 69%.

How important are derivatives to gold and the metals? Not so much, unless you consider it important to know who is hedging what positions and future supply. And it also helps to manage some of the largest non-derivatives positions such as large ETFs for example.

But some might conclude that between them the Anglo-Americans have the gold market in hand.
...
JPM holds quite a derivatives position in 'other commodities' as well, presumably non-precious metal. Inconsequential thinkgs like food and energy. That makes the commodities boss at JPM, Blythe Masters, Der große Macher in anyone's book.

..
As general rule of thumb, if you are the House in any game, you should not be able to also sit at the table as a player, internal confidentiality agreements notwithstanding. It really is just that simple.

You should be taking money on a transactional service basis and net zero exposed. And if you can't do that and make enough money, then you need a new business model.

And the notion of commingling this sort of business with insured bank deposits and Federal Reserve subsidies is insane.

Any major commodities player needs to be compact enough to wrap up in a carpet and get rolled out the door, sans bailouts, should conditions require. Even a big player like Enron or Refco.

One cannot help but wonder if some of these mega banks have not become so interwined with government as to be in a virtual partnership in their implementers of fiscal and financial policy, which is a dangerous development indeed.

"Oh the shark has pretty teeth dear,
And he bears them dripping red,
A sharp knife has Macheath dear
And when he flicks it you are dead."

Sun, 10/02/2011 - 11:22 | Link to Comment High Plains Drifter
High Plains Drifter's picture

http://www.youtube.com/watch?v=4Sp3-Z4gOxY&feature=fvwrel

somebody got in the nuge's face about the vietnam war. since old ted was a lying sack of human excrement and dodged the draft while pretending to be a student, is it any wonder why a vietnam vet might get pissed at him, since he goes around talking all of this smack about if he had gone to war, he would have been a big time soldier boy.....yeh sure ted........you lying sack of dog poop....

Sun, 10/02/2011 - 10:22 | Link to Comment Karsten Hansen
Karsten Hansen's picture

Go forward,citizens of the world.

Its our world and we are gona take it back,hopefuly with peace,but if it cant be,we will use what ever it takes!

For to long time the Cartels have been running our Politicians,and our polticians have been speewing lies,out,in a cooporate manner.

Sun, 10/02/2011 - 09:26 | Link to Comment Ranger4564
Ranger4564's picture

700 people give or take, arrested on the roadway yesterday.  So many in fact that processing them must have taken all night.  Arrested were carted off on MTA buses apparently, to 5 different locations in the city / burroughs.  I was on the roadway, but I climbed up from the roadway, as the arresting continued, to the pedestrian bridge above, and made it back to the rally to continue the protest.  That's why the police cordoned off the strip between the roadway and the pedestrian bridge... they didn't want people trying and falling down,and  they wanted to arrest them, not watch them get away. Some people who were driving by in the opposite direction were honking in support.  Awareness is growing, which is the purpose, and people are in agreement, we need to rescue our civilization.

Those who made it to the ped bridge walked to Brooklyn, then heard the police were sending buses for us too, so we decided to stay on the move to prevent that.  We decided everyone should return to Liberty Plaza (Zuccotti Park) to continue the protest, so we went back on our own.  I was there till 11:30, did not see the soldiers who were scheduled to arrive around 10pm... will go back shortly.

Second time I avoided getting arrested.  First time, I walked past the net barricade to walk back to the rally.  This time, I climbed up the structure of the bridge to go back to the rally.  Not sure I'll be so lucky in the future. 

See you there.  Lots of subways nearby. :)

Sun, 10/02/2011 - 11:30 | Link to Comment High Plains Drifter
High Plains Drifter's picture

i have long thought the gandhi approach should be tried first and then............well..........

 

some people are now saying if it is to happen, then this is the time to do it. many feel that this is just controlled opposition and that it is all contrived. but however, perhaps many people are getting involved with this thing now and they are not on the same page as the controllers. as it is with any creation, sometimes the creators run the risk that the creation will attain a life of its own. i hope and pray this is the case in this on-going event. we shall see. you young people have to carry the load on this stuff. it is your world now. it is your duty to yourselves and to your children and to your country and to.........yes to humanity......it is, that important..........this thing must continue and this thing must happen, while we still have food and water around etc..........it is much easier to do this with a full belly than when hungry......

Sun, 10/02/2011 - 08:49 | Link to Comment ??
??'s picture

DailyKos and HuffPo make me wretch with their hate and vitriol, but

as I read some of the crap by a few commenters here about the so called left wing Occupy Wall Street Crowd I am equally disgusted. And to the credit of (gag) HuffPo and Daily (gag) Kos  they are all over this Occupy  Wall Street thing and in support of it.

Get off your fat right wing asses and do two things, first wake up to the left/right con job and second if you don't like how they are "Occupying Wall Street" do something instead of being the arm chair losers that you are

Sun, 10/02/2011 - 11:33 | Link to Comment MarketWatchTerrorist
MarketWatchTerrorist's picture

The right represents the establishment.  No nation has been overthrown by a revolution from the right in all of human history.  Such a "revolution" is always a military coup.  That is how "the right" gets off their asses and does something.

 

However, many nations have been overthrown by leftist revolutions in recent history.  And that is why the American left is kept anti-gun, anti-second amendment, and disarmed.  In such a state they are no threat to anyone and never will be.

Sun, 10/02/2011 - 10:07 | Link to Comment ISEEIT
ISEEIT's picture

Do you have any ability whatsoever to percieve the gibberish nature of what you have posted?

Seriously, So you are supposedly offended by individuals who bring attention to the FACT that this is a manufactured attempt by the political left to distract angry Americans AWAY from properly focusing their rage toward the heart of the beast (the regime itself), too instead a rather convient target of 'the rich'?

And then you laud two factories of such non sensical propaganda as being somehow heroic because they promote their very own initiative?

Really?

I'll confess to feeling a bit confused (for you).

http://gonzalolira.blogspot.com/2011/09/our-affirmative-action-president...

http://online.wsj.com/article/SB1000142405311190370360457658909020432773...

http://thedailybell.com/3015/Anthony-Wile-Blaming-Wall-Street-Is-Wrong

This occupy wall street operation is not what it appears to be at first glance. I would love to see certain bankers behind bars and support the concept of reform.

This movement is designed as a distraction. The political left is terrified of the general fallout attached to obmummers disastrous failure (philosophical failure really).

They have their larger goals to protect and this 'movement' is just a battle in that war.

 

 

Sun, 10/02/2011 - 10:25 | Link to Comment ??
??'s picture

iseeit

thanks for the input; two questions:

How do you feel about Wall Street as in Goldman, JPM, NYFed etc?

If response to the above is that you are displeased with them then what pray tell are you doing about it and how can we help you?

Sun, 10/02/2011 - 10:45 | Link to Comment ISEEIT
ISEEIT's picture

These banksters are an extension of what has become of our government. Interesting that you name NYFed as apparently equivalent to JPM & GS. I think you stated the obvious likely without even intending/realizing to.

I do get and respect your inquiry as to what am I personally doing. The larger point is of course supportive of the protesters and "at least they are doing something" does have merit. The message that I would like to convey is that these people are largely being used as pawns in a much larger game. The real enemy is in fact the state/regime itself and for these individuals to be manipulated in a diversionary tactic makes me sick.

In the end they will only get what they already have. The reason being that they are like soldiers in wars past who lined up like pawns and fired ammo at one another in carefully scripted battles while the leaders observed safely from a distance.

The evil is in the fact that these protesters are being scammed and used.

I live off the grid as much as the demands of providing for three sons, a wife. a glorious granddaughter, and her marvelous mother allow. Plus I sometimes post angry and disruptive crap at ZH.

Sun, 10/02/2011 - 11:36 | Link to Comment High Plains Drifter
High Plains Drifter's picture

i started asking some questions yesterday on livestream chat and i was summarily kicked off , just that fast..........the mods there do not allow anything that they consider relevant questioning of what is going on. another words anyone thinking outside the box that they want these children to stay in, is considered the enemy of the people.....yeh sure. so i get down now, on my knees and i kiss the ass of my controllers and say all is well. while i eat free pizza and yell slogans made up for me..........sure...........yeh sure...........oh i almost forgot. i dress in black too because black is my favorite color.............its like ron paul said the other day, so many in this country simply do not understand what liberty really is......

Sun, 10/02/2011 - 10:52 | Link to Comment Ranger4564
Ranger4564's picture

Other way around.  The Government has become what is Banking Control.  You want less government, it's coming.  The Banks are destroying the governments by starving them of revenue.

Sun, 10/02/2011 - 11:01 | Link to Comment ISEEIT
ISEEIT's picture

That is just plain retarded. Globalization hardly entails LESS government. Government is growing far more large and DISTANT. That is the nature of centralization/consolidation. I don't desire to insult you as an individual, I will state the obvious though that your perceptions are sadly dulled.

Sun, 10/02/2011 - 10:11 | Link to Comment Ranger4564
Ranger4564's picture

You have a seriously warped sense of reality.  I won't try to change it, but you are barking up the wrong tree.  Go pee somewhere else.

Sun, 10/02/2011 - 10:17 | Link to Comment ISEEIT
ISEEIT's picture

No thanks. I like this one. And as far as perception of reality goes? Keep watching the puppet show on the cave wall if you like, but it really is more entertaining outside.

Sun, 10/02/2011 - 08:04 | Link to Comment Setarcos
Setarcos's picture

Great stuff ... reminds me of protests I was in during the 60s and 70s ... but we were then too naive to know that banksters and financial corruption were behind the wars.

Now protests are getting far closer to the source of a myriad problems which have fucked we plebs up for centuries.

Can't be on the streets myself these days, but I am there in spirit.

Sun, 10/02/2011 - 08:59 | Link to Comment New_Meat
New_Meat's picture

Setarcos:

"... but we were then too naive to know that banksters and financial corruption were behind the wars."

are they any less naive these days?  'The first words many spoke made the group laugh: all variations on “I need a cigarette. 'From NYT, so you know it is accurate;-)

After the protests, all burned to the ground, then what? - Ned

Sun, 10/02/2011 - 06:29 | Link to Comment Plumplechook
Plumplechook's picture

When Stan O'Neal, the boss of Merrill Lynch, destroyed the company in the subprime mortgage crash of 2008, he got a $US161.5 million severance package funded by the American taxpayer and he now sits on the board of Alcoa.

If that doesn't make you as angry as the folks on these Occupy Wallstreet marches then you don't have blood in your veins.

Sun, 10/02/2011 - 04:39 | Link to Comment JLee2027
JLee2027's picture

The 700 arrested got "appearance tickets", obviously even that small number over-whelmed the system.

Wait till the real protests begin where hundreds of thousands to millions march together. Hopefully that will begin later this month, at the latest in the Spring.

Sun, 10/02/2011 - 04:36 | Link to Comment JLee2027
JLee2027's picture

We a long way from Egypt...that was a repressive dictatorship for decades.

In these protests we'll actually be trying to fix the core banking problem, a different thing.

Sun, 10/02/2011 - 08:46 | Link to Comment Setarcos
Setarcos's picture

Thou dost jest sir.

The Washington Empire and all other 'democracies' have been de facto dictatorships for decades.

Do you seriously imagine that any vote you cast made the slightest difference to the PTB?

It all just seemed so nice, because we had McMansions, SUVs, Hollywood and granite benchtops.

OH the freedom to consume ad infinitum and to never have to think about why it could not last.

Sun, 10/02/2011 - 03:08 | Link to Comment gojam
gojam's picture

And 700 people arrested.

I'm reading all your posts GW. Good work, keep it up.

Sun, 10/02/2011 - 03:58 | Link to Comment AldousHuxley
AldousHuxley's picture

They don't want you to see that the revolution can be real.

 

Occupy Maine - rain or shine

http://www.youtube.com/watch?v=UoCKOPSenPY

 

Occupy Asheville, NC

http://www.youtube.com/watch?feature=player_embedded&v=8xTDvopzRIU

http://www.mountainx.com/article/35891/Occupy-Asheville-opens-with-assem...

 

Occupy Seattle

http://www.youtube.com/watch?v=my0-m2_apZ8

 

Occupy Denver in front of Federal Reserve

http://www.youtube.com/watch?v=1Ap6KEfVoZM

http://www.youtube.com/watch?v=lop4HllGKcU

 

Occupy Austin, TX

http://www.youtube.com/watch?v=53lsRCn4FHg

 

Occupy San Antonio, TX

http://www.youtube.com/watch?v=INgl_jHkfm0&NR=1

 

Occupy Portland

http://vimeo.com/29899204

 

Occupy Los Angeles

http://www.youtube.com/watch?v=FZr5NS19mw0

 

Occupy San Francisco - Marines joining in

http://www.youtube.com/watch?v=QPQOU1KNF0U

http://www.youtube.com/watch?v=qIgP1FlqRnA

 

Occupy DC in starting protest against corporate personhood

http://www.youtube.com/watch?v=uABmme8C_7c&feature=player_embedded

 

Occupy Chicago in front of the Federal Reserve

http://www.youtube.com/watch?v=luON3CNuq3A&NR=1

 

Occupy Boston - "Fuck the Fed"

http://www.youtube.com/watch?v=0fV0YjQQzYk

 

Occupy Wall Street New York   500 arrested on Brooklyn Bridge

http://www.youtube.com/watch?v=yULSI-31Pto

 

More launching near you: http://www.occupytogether.org/

 

 

It is a class war. 1% vs 99%. Make banksters pay!

Sun, 10/02/2011 - 11:28 | Link to Comment mjk0259
mjk0259's picture

http://nycga.cc/donate/

 

donate money or buy food for occupy wall street ny protestors

Sun, 10/02/2011 - 02:48 | Link to Comment AustriAnnie
AustriAnnie's picture

 

"JPMorgan Chase recently donated an unprecedented $4.6 million to the New York City Police Foundation. The gift was the largest in the history of the foundation and will enable the New York City Police Department to strengthen security in the Big Apple."

 

http://www.jpmorganchase.com/corporate/Home/article/ny-13.htm?TB_iframe=...

Sun, 10/02/2011 - 10:09 | Link to Comment Ranger4564
Ranger4564's picture

Those bastiches are buying loyalty.  It will not work, because we will start making citizens arrests of Police soon.

Sun, 10/02/2011 - 02:26 | Link to Comment Money 4 Nothing
Money 4 Nothing's picture

One Union has 200,000 members signed on to take to the "Street" this week, hope they have the room? Liberty St. also?

Do NOT follow this link or you will be banned from the site!