Guest Notes From The Sales Desk - A Few Thoughts On The Occupy Wall Street Movement

Tyler Durden's picture

Submitted by Brian Rogers of Fator Securities

A Few Thoughts On The Occupy Wall Street Movement

"The machinery by which Wall Street separates the opportunity to speculate from the unwanted returns and burdens of ownership is ingenious, precise and almost beautiful. Banks supply funds to brokers, brokers to customers, and the collateral goes back to banks in a smooth and all but automatic flow. Margins - the cash which the speculator must supply in addition to the securities to protect the loan and which he must augment if the value of the collateral securities should fall and so lower the protection they provide - are effortlessly calculated and watched. The interest rate moves quickly and easily to keep the supply of funds adjusted to the demand. Wall Street, however, has never been able to express its pride in these arrangements. They are admirable and even wonderful only in relation to the purpose they serve. The purpose is to accommodate the speculator and facilitate speculation. But the purposes cannot be admitted. If Wall Street confessed this purpose, many thousands of moral men and women would have no choice but to condemn it for nurturing an evil thing and call for reform. Margin trading must be defended not on the grounds that it efficiently and ingeniously assists the speculator, but that it encourages the extra trading which changes a thin and anemic market into a thick and healthy one. Wall Street, in these matters, is like a lovely and accomplished woman who must wear black cotton stockings, heavy woolen underwear, and parade her knowledge as a cook because, unhappily, her supreme accomplishment is as a harlot."

- The Great Crash: 1929, John Kenneth Galbraith, First Published 1955

The More Things Change…

It’s amazing to read the quote above from John Kenneth Galbraith’s great book on the stock market crash of 1929 and consider where we are today.  Despite the fact that the events above happened over 80 years ago, it’s plain to see that the modus operandi of Wall Street writ large has changed little.  Smoke, mirrors and heavy doses of propaganda laden obfuscation are required to keep the masses complacent and ignorant of the dangers Wall Street places on the shoulders of ordinary people.  Virtually unlimited leverage for investment banks?  Check.  CDS markets traded over-the-counter and away from any transparent exchange?  No problem.  CMOs and CDOs as healthy vehicles to efficiently distribute and allocate risk?  Foolproof.  It all works fine until it doesn’t.  Enter stage right, the crash of 2008.

The average American citizen is quickly falling behind their global peers in terms of education levels and many find the topics of economics and finance far too dense to comprehend.  So it’s no small accomplishment that the enormous amount of taxpayer bailouts and Fed monetary injections have finally awoken the American middle and lower classes up to the reality of a terribly unbalanced financial system.  This awakening is currently represented by the Occupy Wall Street protests.  However, lest you think these protests will simply go away once winter sets in, think again.  Even if the official Occupy Wall Street protest dissipates in the next few months, the word has gotten out and the message is finding an interested audience that fails to conform to traditional political boundaries.

How Occupy Wall Street Will Change Things

Suddenly, all over this country students are questioning their economics professors about the standard dogma they are being taught which is visibly failing all around them.  How can the PhD.’s preparing tomorrow’s generation of finance and economic leaders continue to teach Keynesian doctrine with a straight face?  How can they possibly defend the bailouts and the Fed’s enormous hand in manipulating asset prices as anything even remotely resembling capitalism? 

As these students graduate and begin their own careers over the next few years (assuming they find jobs in the first place) they will enter the workforce much more aware of the slight of hand that has taken place whereby organic growth was replaced with extremely dangerous debt growth.  Then they’ll stop and think about their own student loans and how the non-dischargeable nature of those loans chain them to the very system they are questioning.  These students will be heavily in debt, face few good job prospects and will thus have plenty of time on their hands.  Hello political volatility. 

And what about the lower and middle classes?  It really doesn’t matter what your political affiliation is, if you make less than some magic number defined as “rich”, say the $250k that is currently bandied about, neither political party is really working for you.  Both parties have contributed wildly to the overspending that currently burdens our fiscal and monetary accounts.  Both parties are deeply in bed with the banking industry.  Arguing over who supports Wall Street more is simply a matter of degree.  Both parties support the monetary intervention of the Fed and the inflation that has slowly rendered our country uncompetitive since 1971, a role the Fed was never originally envisioned to play.

If you’re unemployed due to your job being shipped overseas, have been kicked out of your house by a robo-signing bank, worry about the tax burden your kids will face down the road, concerned that your public or private pension will be woefully inadequate to maintain your current living standards or have mountains of non-dischargeable students loans owed to Sallie Mae, you should be paying close attention to and likely supportive of the OWS movement.

Repubs vs. Dems: A False Dichotomy

Vote Republican?  The Repubs increased debt from around $5.6tr in 2000 to over $10tr by 2008.  They also passed the massive social entitlement  program Medicare Part D without any mechanism for actually paying the tab.  The party of small government and fiscal conservatism you say?  Yea, right. 

Vote Democrat?  The Dems supported the bailout of the banks, the funding of ruinous foreign wars started by the Repubs, the re-nomination of Ben Bernanke as the head of the Fed and appointed to the highest offices of White House influence - the very architects that helped create the global financial disaster we currently face.  Summers, Geithner, Rubin and many others have had President Obama’s ear since day 1.  You think those guys are advocating a solution which would see the banks actually take write-downs and losses as any other business would have to?  Not likely.

Both major parties spend enormous time and money maintaining their own power bases of large, wealthy campaign contributors to try and outspend their competition in the next election.  When they win, they serve their campaign contribution masters well with the hopes that this process will be rinse, wash and repeat the next time around.  Both parties support no term limits.  Both parties support liberal campaign finance laws.  Both parties kowtow to Wall Street.

So what’s a disenfranchised, frustrated, out-of-work lower or middle class citizen to do?

Here Comes the Third (And Perhaps Even Fourth and Fifth) Party Movements

The Tea Party was the first threat to the status quo.  I happened to be watching Rick Santelli’s rant on CNBC back on February 19, 2009.  It was brilliant and really captured the mood of those of us who had always imagined our economy to be truly capitalistic.  Instead, as soon as the uber-connected banks faced the threat of actually losing money, they called their good buddies in DC (in many cases former co-workers) and demanded a payout or else the world will end.  Naturally, Congress feared the campaign contributions would end so they quickly wrote a $700bn check. 

Of course the first TARP vote failed, but they needed that cover to save a bit of face.  The powers that be were never too worried that they couldn’t scare the financially ignorant in Congress into coughing up some dough.  Vote doesn’t pass, market tanks, many pants are wet in DC and ipso facto, the money flows.  Many of us were outraged and Mr. Santelli crystallized the moment.

This led to the Tea Party.  But for the status quo, the Tea Party was easy to diffuse.  Sprinkle in a few right-wing ideologues spouting fire and brimstone and the mainstream voter will be justifiably turned off.  The modern Tea Party, just like the one back in Boston in 1773, weren’t inspired by social issues, they were inspired by economic issues.  And yet, the status quo and mainstream media has been extremely successful in painting the modern Tea Party movement as nothing more than rebellious right wing Republicans looking for something more conservative than the mother ship Republican party.

Occupy Wall Street, in my opinion, represents a refinement of the original Tea Party rant and the next political movement to be inspired since 2008.  This movement represents the point where it’s no longer just financial insiders like Mr. Santelli that understand the graft and corruption that is our current system.  No, this movement is solidly being peopled by folks from a broad array of life experiences, political stripes and philosophical leanings.  It will be much harder for the status quo to dilute this message.  Harder, but not impossible. 

Phase II Coming To A City Near You

I keep thinking about Gandhi’s great quote, “First they ignore you, then they laugh at you, then they fight you, then you win.”  It seems to me that we are at the end of the ‘then they laugh at you’ phase.  Watching CNBC lately, the snarky comments from the talking heads have eased off quite a bit and now they are reporting live from Zuccotti Park with a more serious tone.  At the same time, the city of NY seems to be reaching the end of its tolerance towards the movement.

Next step is the ‘then they fight you’ phase.  This is when things will get interesting.  Arrests will be made, traumatic video of cop-on-protestor violence uploaded to Youtube and people you’ve never heard of will suddenly emerge as leaders in this growing movement.  How will this affect the upcoming election?  It’s impossible to predict but it’s going to be interesting to watch.

The bottom line is this thing is going mainstream and although the message isn’t completely clear or concise, Americans all over the country are beginning to sense the turning point this movement represents.

2012 Presidential Election

Obama recently tried to embrace the OWS movement.  I find this extremely hypocritical given his role in sustaining the very institutions the group is protesting against and his frequent trips to NY to raise some more Wall Street money for his re-election war chest.

How about the Republican candidates?  Most are dismissing the protestors even though the basic premise of the movement is a more fair and balanced (pun intended) system for all Americans.  After vast injections of campaign finance money, the Repubs have come to believe that the banking industry is a much better constituent than mainstream Americans.  At least the banks have money to finance their campaigns.  They seem happy to ignore the circular argument that the government creates money to loan to the banks at 0% so that the banks can then loan that money back to the US government with interest and virtually guaranteed capital gains and then give some of those interest payments/capital gains back to the politicians in the form of lobbying/campaign finance funds to ensure more no-cost loans and bailouts.  What a beautiful business model!

Ron Paul, of course, gets the joke very well.  But the media is working overtime to ignore Ron Paul at every turn lest the American public actually start to understand the logic of his positions.  So as much as I’d love to see the guy win, I still think Ron Paul is a man ahead of his times.  Rather than lead this movement from the front, I think it’s more likely that his philosophies will serve as the inspirational base for future leaders.

The Genie is Out of the Bottle

What eventually became the Arab Spring is spreading and quickly becoming a Western Winter.  Protests in Europe and America are growing in size and intensity.  Awareness of the unfair and crony-capitalistic nature of our current political/financial system is spreading.  Americans of all economic, geographic, philosophic and political stripes are questioning the very foundations upon which our “prosperity” has been based for decades.  Slowly they are realizing that they were always playing a rigged game that they were never designed to win.  As you’d imagine, this is not sitting so well with them and some are starting to stand up and make their voice heard.  Don’t think for one second that this is going to stop.  Americans by the millions are losing their homes, their jobs, their savings and their futures.

In their brilliant book about the history of US generations, The Fourth Turning, William Strauss and Neil Howe called the current phase of history we are passing through as a ‘Fourth Turning’.  Their characterization of this phase is as follows,

“A CRISIS arises in response to sudden threats that previously would have been ignored or deferred, but which are now perceived as dire.  Great worldly perils boil off the clutter and complexity of life, leaving behind one simple imperative: The society must prevail.  This requires a solid public consensus, aggressive institutions, and personal sacrifice.”  -The Fourth Turning, Strauss and Howe, 1999

Whether the protestors realize it or not, their role in history is an important and necessary one.  They are shining a disinfecting light on much of what is wrong with our current economic/political model.  Major changes are coming, many of which would have seemed unimaginable only a few years ago.  Class warfare, generational warfare and perhaps even military warfare are coming next.  As extreme as these views might seem, just study history a bit and you will see that every great empire falls this way.  We will be no different.  And when it’s all said and done, a straight line will be drawn from Rick Santelli’s rant, to Zuccotti Park to whatever comes next.  Eventually a more vibrant, dynamic America will emerge from this chaos and pain.  But that’s the ‘then you win’ phase.  And we ain’t there yet.



* Fator Securities LLC, Member FINRA/SIPC, is a U.S. entity and a member of the Fator group of companies in Brazil. The comments below are from Brian Rogers, who is employed by Fator Securities (Brian’s opinions are his own and do not constitute the opinions of Fator Securities or the Fator group of companies).

Fator Securities LLC is not affiliated with Zero Hedge or any third party mentioned in this communication; nor is Fator Securities LLC responsible for content on third party websites referred to in this communication.

This material was not prepared by Fator Securities LLC. U.S. Persons seeking further information must contact Fator Securities LLC in New York at (646) 205-1160. This material shall not constitute an offer to sell or the solicitation of any offer to buy (may only be made at the time qualified participants are in receipt of the requisite documentation, e.g., confidential private offering memorandum describing the offering, related subscription agreement, etc.). Securities shall not be offered or sold in any jurisdiction in which such offer, solicitation or sale would be unlawful or until all applicable regulatory or legal requirements of such jurisdictions have been satisfied. This material is not intended for general public use or distribution and is intended for distribution only to appropriate investors. The opinions contained herein are based on personal judgments and estimates and are, therefore, subject to revision. Past performances are not indicative of future results.

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Melin's picture

Neat! If you squat to make a statement on a Brookfield property, you get the bonus of Brookfield voluntarily transferring their property rights to you!

Clueless Economist's picture

Give me a break, this "movement" has about as much permanance as a bowel movement.  Less than .00001% are actively involved.

Here in Philly, I was returning from a 10 mile run and encountered the "masses" of the Occupy Philadelphia crowd at City Hall.  Ten hobo looking hipster dirtbags behind a table of peanut butter sandwiches and bottles of water.  Being quite thirsty I took a bottle and kept moving.

I know this was a weekday and the "movement" swells to the dozens on the weekend and REALLY looks impressive.  Yea Roight!

SheepDog-One's picture

You took their water and drank the LSD. 

Cynical Sidney's picture

"Ten hobo looking hipster dirtbags behind a table of peanut butter sandwiches and bottles of water.  Being quite thirsty I took a bottle and kept moving"  --- Clueless Economist

haha taking bottled water from hobos, you are as clueless as your name suggests

Stares straight ahead's picture

I don't see the problem here.  the hipster hobos are advocating the redistribution of wealth and resources.  Our clueless economist did exactly that. They had water, she had none.

Hurts, doesn't it?

dick cheneys ghost's picture

the  occupy youtube channel............hundreds and hundreds of videos.........


how about we start "occupy the recycling of petrodollars"..........because you can end the fed........but until you end the recycling of petrodollars you have not accomplished anything..........

PAUL LEO FASO's picture

Exactly, crash the party they got going on; File class action lawsuit against the Fed and get the money back, see plan below link or google: CLASS ACTION LAWSUIT AGAINST THE FEDERAL RESERVE BANK.


whstlblwr's picture

Nice comment.

Next time you complain against Fed, or bailouts to Wall Street, I'll take comment with grain of salt. You obviously could give a shit about this country. But you take the water. LOL! Scumbag.

greenfire's picture

Wow.   Those hobo looking hipster dirtbags just pale in comparison to your cunning, prowess and bold initiative doesn't they?  You running ten miles, them just standing there expressing their opinion. I am in awe.  It's just like giving out loans to people that can't afford them. Pigs to the slaughter. Your innovative nature will surely allow you to soar, while they wallow in self-deserving abject poverty. 

Mesquite's picture

And while we are at it, Clueless, How about those one hundred thousand homeless veterens..I bet they don't look as spiffy as you in your jogging outfit..No respect for your sh*t here...


gringo28's picture

the whole world is watching our homegrown "revolutionaries" armed with....uhhhh....iPhones.

gringo28's picture

finally, some real rain here in NYC to wash away the shitty art in Zuccotti and perhaps bring a little hypothermia so these morons can OccupyTheHospitalBeds next....

whstlblwr's picture

iPhones can bring revolution. Look at social media and Egypt. Glad they have iPhones to organize and plan next step. You're obviously el stupido.

Dasa Slooofoot's picture

Guess you missed last weeks 60 minutes relook at the twitter revolution in Egypt. 

whstlblwr's picture

I did miss it, but doesn't take away point, We organize with phones now. Hello? Hola?

nmewn's picture

Yeah, the Coptics are really diggin on it.

Ranger4564's picture

nmewn, not directly directed at you... sorry, replied here.

Flash Mob?  Broadcast device?  Receiver for important announcements?  Video recorder?  Communication device?  Alert others of arrest?  Beat back police with device?  Stop bullets with device? last 2 are a joke obviously, but the phones are really indispensable today, in todays revolution...

Twitter and all that crap is just temporary, we have people working on networks / apps / protection.  I heard some unverified rumors that someone hacked three rally sites... Philly / Boston / or some such.  The same time, police were apparently making a raid on one rally site somewhere.

We know they're pissed off.  We know the authorities have infiltrated the organization / rallies.  We are using technology to facilitate the protest, same as internet allowed for broader communication.  We are trying to work on redundant technologies so if they take down the backbone, we can still communicate.

Smart phones are a useful tool. There is nothing precious about them, and people who use them and protest are not disingenuous.  Noone said they want to live in the dark ages, they said they don't want to live under corporate greed, and financial corruption. 

Don't some of you losers have someone to rob?

nmewn's picture


You guys are protesting the financial sector for taking taxpayer bailouts only it appears to me.

You are not protesting public sector unions whose members also recieved "bailout" money through the 878 billion dollar "shovel ready" jobs act. This came through the states from the federal government.

You are also not protesting tenured college professors who kept their jobs through the same vehicle. You are also not protesting "green energy" which is a cesspool of crony capitalism.

It rings hollow to me.

Ranger4564's picture

Actually, there are many different protests in one Nmewn.  I am not in control of any of the people expressing their views, but I have what I consider to be informed and thoughtful opinions on a vast array of the economy and I tend to think in terms of future.  I discuss these with people as I encounter them, and some understand some don't.

My opinion is that the economy is supposed to be at the service of everyone.  I don't have a problem with Unions per se, I think they are now mostly irrelevant.  When automation kicked in during the 60's, that was the death knell of the Union, because it was the death knell of jobs also.  Unions are by definition, protectors of jobs, but what we needed was organizations which worked to protect human security, not job security.  See, there's nothing wrong with automation and loss of jobs, as long as you transition society from a jobs oriented structure to a surplus society structure. We did not, which is why there is such upheaval today, and it wil only get much worse as we proceed.  Machines will replace us in the tedious jobs we perform now, and we can fight it or adapt.

I am not advocating for lazy loafers of any sort, government or corporate.  My proposal for an automated society requires that everyone who is alive be given food / shelter / clothing and many other goods, and that requires in return Action from the recipient.  Look at life like a PHD, work out a thesis and follow through.  Automation does not need to lead to lack of choices...computerization / algorithms can be employed to create custom machine made items if we just set aside the cost idea.... automation will eventually lead to loss of money... it won't be necessary.  People will be enlisted to work on technology / engineering / design / research problems.  Education will still be required, but it will be free.  You will be required to be productive in some manner that is beneficial to society, and your own self esteem will drive you to be productive.  So will a revised educational system which reinforces creativity, independent thinking, innovation, etc. 

I am genuine.  I don't know about the others.  Some might be misguided, some may be delusional. It is a society afterall.

nmewn's picture

Well, I'm almost speechless.

"My proposal for an automated society requires that everyone who is alive be given food / shelter / clothing and many other goods,..."

Given to them by whom? I already know the answer...but I want to hear it from you.

"...and that requires in return Action from the recipient."


And if they choose to not participate in this brand new centrally planned economy...what is to become of them? What is the value of a maker...and who or what assigns it?

This has already been tried and the results were devastating to the common people.

Ranger4564's picture

You already live in that world... you do not make your own food, your own car, your own money, your own anything.  You do a few things and that "earns" you the other things.  You just don't realize that the "money" is the only thing different between what I said and what you think you do.  And I will not try to convince you that capitalism is not to the benefit of anyone except the oppressors. 


What was tried was to force people into labor camps where surplus was to be extracted from manual labor.  They were forced into certain trades by a psychologically corrupt leadership.  Stop reacting and start thinking.  What system could overcome the problems encountered in the former communist states? How about Leaderless governance?  How about using technology to liberate people from labor camps?  How about working on increasing productivity from farming?  How about teaching people how to do Urban farming?


I am not talking about a society that is full of takers, I am talking about a society where basic needs are met by technology, so that we can concentrate our efforts on better / more important things than competition among each other... we can cooperate and build the space ships to travel the universe, we can work together to create renewable enery sources so we can all live free of energy tyranny, we can end resource based aggressions.


Plus, I take into account the likelihood that we will run out of fresh water, oil, food, etc if we do not start working on purification, alternate energy, farming in more imaginative ways.  No one said the food has to come from a central repository... the community I see asks people to grow some of their own food in vertical farms.  Imagine buildings where some of your home is a dedicated greenhouse by design.


Anyway, I do not want to return to your past.  I want to proceed towards my future.

BigJim's picture

...You just don't realize that the "money" is the only thing different between what I said and what you think you do. 

No, the big difference is that you're advocating that economic decisions be made not on the basis of price discovery but by some kind, loving, all-knowing Big Brother(s) - ie, politically. There's no difference between your vision and the visions (or, at least, the urgings) of all communist revolutionaries. Food, clean water, shelter, education... none of these things just arises out of nowhere, they have to be created, and that takes capital. Which leads us to your next statement...

And I will not try to convince you that capitalism is not to the benefit of anyone except the oppressors.

Chum, someone has to organize the surplus wealth that is used to fund capital projects. Unless you want to live life as a nomad, there has to be excess wealth - ie, capital to pay for projects that produce everything we need to live anything richer than a neolithic standard of living. ie, capitalism has existed in some form for millennia. So the key point is: who controls that surplus wealth? Private individuals on behalf of willing investors, or bureaucrats who raise it through coercion? At the moment, we're much closer to the latter than the former, and that's why we're in the parlous state we're in.

What was tried was to force people into labor camps where surplus was to be extracted from manual labor.  They were forced into certain trades by a psychologically corrupt leadership.

Ah, yes, it was all the leadership's fault. Not the system that encouraged and allowed control-freaks to assume leadership positions - that is to say, any system that enables people to be coerced into working for the collective.

Blankman's picture

Ranger - you are assuming that everyone is equal in intelligence and in drive.  They are not.


Ranger4564's picture

No, in fact I am not.  I am well aware some are less intelligent than others, less capable than others, less whatever than others.


It is You who is assuming that you are entitled to something more because of intelligence, drive, capability, etc.  Has it occurred to You that being intelligent, driven, capable, etc are uncontrollable genetic / physiological / biological conditions that people should not be penalized for, any more than they should be for skin color or sexual preference?


I doubt it has.


I will make 1 assumption for you... I will assume that you would not be so quick to defend the corrupt system if it was You who was a dim witted slave of African decent during the 1700 / 1800's.  I bet you would not like that economic model too much.  How about the racially divided world of the 1950's?  How about that intelligence of yours?


I really do believe in this dictum, but honestly, I didn't know it was Marx until I just looked it up.

"From each according to his ability, to each according to his need".  Except in the society I believe we can construct Need will be replaced by Want, because we can produce much more than we currently do, and there need be no shortages.  Why own a yacht if you can just use one when you feel like it?  Why own a fancy car when you can just use one when you feel like it.  If you feel like using it 365 days a year, so be it.  Fine.  Think for god's sake, don't just react.

diesheepledie's picture

OMG a true Marxist? Newsflash. This theory does not work, for the simple reason it goes against nature. Nature will snuff out those who try and implement this illogical system; usually with great violence.

"It is You who is assuming that you are entitled to something more because of intelligence, drive, capability, etc."

Entitlement has nothing to do with. I will TAKE more because of my superior intelligence, drive, and capability. And I will thrive and produce offspring that have similar traits. And because of your lack of these things, you will not thrive, or produce offspring of any quality.

That's how nature works. Sorry.

Blankman's picture

Ranger - by your logic a mental retard should be allowed to: a) own a handgun, b) pick out a ferrari and drive it as fast as he likes c) take a yacht out on the ocean for a pleasure cruise.  All three will get this person or someone else killed.  And you tell me to think don't just react.


In response to you trying to break this down into some sort of damned racial fight:  no I am not black.  I (barely finished high school, however i am more well read than most) am the son of what you might consider an above intelligence father who was the son of german immigrant farmers (circa 1910), who were the sons of german farmers, who were.....  I do not understand the argument of people who jump into the way back machine and try to argue that if I was this or that 200 years ago I would be this or that now.  I do not live in those worlds and those who wish to remain in them can have them.  For the most part anyone with even limited abilities can seperate themselves from the herd should they choose to throw off the shackles that bind them (mentally and emotionally).  


Because I have chosen by my drive to read books, study human psychology and listen to achievements and mistakes of my peers as opposed to sitting on my ass watching television I should be greatful to some bum on the street who wants to take my car for a ride simply because he has a want to.  Here is what will happen should your plan ever be implemented, I along with all the other hard working people in the world will see no need to produce these goods and services and then where would that leave you.  Don't get me wronog if I had the choice (and the money) I would rather be sitting on the beach drinking ice cold beer all day long under a bamboo handled giant umbrella.  But at this point in my life I can not do that.  Heres to that umbrella!   

Ranger4564's picture

What?  So you are well read, driven, and successful. So what?  Why do you need to make the determination that you are "better" and "more deserving" than someone else?  You should stick to your books... you still have a lot to learn.  Look, this is about ideas that have been present as undercurrents throughout history.  There is a reason for that.  Think about it instead of hating.  Why do so many people throughout history go out on a limb to be charitable or utopian?  Kind heart.  Why so many kind hearts?  WHY NOT?  You are relying on history to determine that you would lose by participating in a new classless economy. You don't use your imagination, innovation, superior intelligence to try to find a way to make it possible.  WHY?  Is it possible that you are not as imaginative / innovative / smart as you think you are?  All I'm saying is, for god's sake, there are other ways, and there are people suffering, so why not look for ways to end their suffering. How fiucking dare you greedy bastards deem me to be the dim witted one, when it is you who is closed minded and repeating only history over and over, to the benefit of the people at the top of the fucking pyramid. Do you also think the Caste system in India is sound?  How about the Slave trade?  How about Sweat Shops?  How about Colonialism?  How about Nobility?  How about the demise of your very society?


I never said hand the keys to a ferrarri or yacht to a mental retard, but I see the demented game you're trying to play, and I won't entertain that sort of unreasonableness.

Blankman's picture

We are all in sweat shops, its just I am not as sweaty as some.


As for charitable donations and suffering  I only give (money and time) to children, not adults.  Hospitals to be exact and a good amount.  I will not fund adult sycophancy nor will I fund adult patronage nor adult hand outs.  Kids are always our best hope.  


There will never be a classless society unless we are all automatons.  I feel, I breathe, I wish, I love, I hate.  Try taking that away from humanity.

I know you want the whole thing to implode, well so do I.  You see I am from the "When the going gets weird the weird turn pro" philosophy.  Quite frankly I am rather bored in this world.  If the whole thing turned upside down don't you realize it would be people like me who would take over your local regions.  God help us if that ever really happens;)  I really don't have rhyme nor reason, I just flow.  One day I am sympathizing with hippies, peace lova nad all that, the next I am hoping the whole world blows up.  Do I know myself ... yes.  Too well (slightly sociopathic, slightly homeopathic, all around good guy).  I know damn well that if status quo ever was breached it would immediately be people like me who would step in to fill the vacuum.  Be careful what you wish for.  

BigJim's picture

...What?  So you are well read, driven, and successful. So what?  Why do you need to make the determination that you are "better" and "more deserving" than someone else? 

That's the whole point. He doesn't believe he's better or more deserving than someone else - his customers/employers do, and they show it by paying him for his services.

Ranger4564's picture

One would not accept or keep the "surplus" if they did not inherently believe they were deserving, entitled to it.  Most people think and argue that they're entitled to a certain level of profit / advantage / compensation above others (baseline) because they work harder than others, because they are smarter than others, because they're more driven, they're "better" people. 

I'm saying that these conditions are not dictated by the individual and are rather imbued by nature (inherent qualities at birth) or nurtured (cultural conditioning).  In every case, uncontrollable physiological / biological / ontological systems determine the effects.  These are random events and do not speak of the greatness of anyone.  Think about taking medicine... how it affects you is unknown until you take it, that's because these physiological / biological conditions determine how the medicine will interact with your body.  The same is true of the cause and effect of input / output from the brain, neuroreceptors, chemicals in the brain, neural network, etc... and no matter how much you want to build strength, you can only achieve the build / strength that you are born capable of.

Therefore, compensation because of the random events of a life are in my opinion, ridiculous.  And what I am trying to make clear is that all human actions are random at this level.  What various intellectuals have been trying to explain to the world is that there is no control over whether you're driven, a workaholic, self-serving, a jerk, a brilliant business person, a devout ascetic, a strong brute, whatever.  These are random qualities.  Regardless of your intentions, the body / chemicals / events conspire to shape you in ways which are unpredictable to a great degree.

I'm saying to rethink the idea that someone is worthy of more regardless of whether the customer offered it or the seller demanded it.

X.inf.capt's picture

hey,nmewn, got a good one for you...

its about your avitar...

i went to the holloween store to get a costume for my girlfriend, shes going as GENIE to our emp. parties...

i saw a couple of those V for vendetta masks for sale..

asked the salesgirl how many have they sold this season..

500+, its our most popular mask, she said...

500+, from one store, in a small city...

nmewn's picture

It does seem popular these days. Some use it for the true reason...others, not so much ;-)

mjk0259's picture

So you and Mubarak determined a crowd of disorganized people in a square couldn't lead to anything?

Canucklehead's picture

... No, you are el stupido.

And since I said it last, I've said it best...

Dasa Slooofoot's picture

I see CE is getting junked, but to take the scale of OWS into perspective, NYC has what, 10 million people and there are maybe 1,000 people prostesting.

HedgeCock's picture

Is that Joe Giudice as your avatar pic?  

Dasa Slooofoot's picture

Yes.  The originator of "Happy wife, happy life." 


The man is a philosopher king.

mjk0259's picture

Probably still a record number for number of people protesting that long since VietNam war ended.

Dasa Slooofoot's picture

people protesting that long


Regardless of numbers, they are resilient.  That is true. 

mjk0259's picture

Yes and there wasn't many Bolsheviks in the beginning or even by the time they took over.

Stares straight ahead's picture

Even longer if you consider their intellect allows them to experience life in dog years!

mjk0259's picture

 It's hard to take seriously the predictions of someone that couldn't predict they would get thirsty running 10 miles.

Jack Napier's picture

Hahah, +1. It also probably never occured WHY these people became hobos either. But c'mon, what's more important, freedom of speech and assembly, or freedom to spend all day burning off the bon bons you ate last night so somebody will want to hit it. Just give the masses each a hamster wheel, problem solved for Wall St.

Ag Star's picture

Then you went home, slapped your kid and kicked your dog.  And of course sat on your lazy ass and watched the propaganda tube

while complaining about everything and everyone.


Milestones's picture

Very apt handle     Milestonwes

Ranger4564's picture

"... I took a bottle and kept moving."


This is why the country is in the shit.  This is why the world is in shit.  I really can't fucking believe your gall.  I hope we never have the opportunity to meet, I detest selfish people.

thewhitelion's picture

Great point!  They should have started with, like, 50% odf the population. (That was sarcasm Clueless)

I began revolution with 82 men. If I had To do it again, I do it with 10 or 15 and absolute faith. It does not matter how small you are if you have faith and plan of action. 

~Fidel Castro