Guest Post: 80 Years Later - Same Culprits, Same Rage

Tyler Durden's picture

Submitted by Jim Quinn of The Burning Platform

80 Years Later - Same Culprits, Same Rage

The young man stands on the edge of his porch
The days were short and the father was gone
There was no one in the town and no one in the field
This dusty barren land had given all it could yield

I’ve been kicked off my land at the age of sixteen
And I have no idea where else my heart could have been
I placed all my trust at the foot of this hill
And now I am sure my heart can never be still
So collect your courage and collect your horse
And pray you never feel this same kind of remorse

Dust Bowl Dance – Mumford & Sons

langesquatter.jpg (31737 bytes) 

The song from Mumford & Sons called Dust Bowl Dance is as pertinent to today as it was in describing the Great Depression.   I was taken by the lyrics and the rage in the song. The setting for the song is the Dust Bowl of the 1930?s in the US Midwest. Picture the Joads in Grapes of Wrath. As I listened to the song again this morning I was struck by the similarities between the time period described in the song and our present situation.

The lyrics by Marcus Mumford tell the story of a young man who’s lost everything. His family is either dead or forced off their land. My interpretation of the lyrics is that the bank has foreclosed on his farm after their crops failed during the dust bowl. I picture a Mr. Potter like character who held the mortgages on all the farms and houses in a small community. The evil banker didn’t care that families had lived on this land for decades, raising their families along with the crops. These hard working farmers had done nothing wrong. They were victims of circumstances. But bankers didn’t care about ruining lives. The family farmers didn’t participate in the Roaring 20?s, borrow on margin to invest in stocks, or reap ungodly profits. The farmers were victims of land speculators and bad weather. The only son in the song took the law into his own hand and shot the evil banker. He was ready to do his time, because his act was righteous payback.

Eighty years ago the last Fourth Turning was also in its infancy. They generally last 15 to 20 years. The catalyst for the last Fourth Turning was the great stock market crash of 1929.   The 1920s “boom” enriched only a fraction of the American people. Earnings for farmers and industrial workers stagnated or fell. Farmers were barely getting by during the roaring 20s. Only the Wall Street crowd was getting rich.  The economic growth of the 1920s did not reach most Americans: 60% of American families earned less than the amount necessary to support their basic needs ($2,500 was considered enough to support a family’s basic needs). The agricultural sector was similarly stagnant: farm prices dropped after World War I when Europe again began to feed itself and new grain exports from South American further depressed prices. The lack of purchasing power of rural people and farmers resulted in declines in consumer purchasing in those areas, as well as increased defaults on debt. Rural, urban, and suburban consumers began to increase their personal debts through mortgages, car loans, and installment plans to buy consumer goods, such as radios.

The ever-growing price for stocks was, in part, the result of greater wealth concentration within the investor class. Eventually the Wall Street stock exchange began to take on a dangerous aura of invincibility, leading investors to ignore less optimistic indicators in the economy.  Over-investment and speculating (gambling) in stocks further inflated their prices, contributing to the illusion of a robust economy.

The crucial point came in the 1920s when banks began to loan money to stock-buyers since stocks were the hottest commodity in the marketplace. Wall Street banks encouraged Wall Street investors to use the stocks themselves as collateral. When stocks dropped in value, and investors could not repay the banks, the banks were left holding near-worthless collateral. Banks went broke, pulling productive businesses down with them as they called in loans and foreclosed mortgages in a desperate attempt to stay afloat. The Federal Reserve was responsible for regulating the banks. They were responsible for the easy money policies during the 1920s. The biggest financial institutions in the country included: Citibank, Bank of America, Goldman Sachs, JP Morgan & Co., Chase National Bank, and Wells Fargo. Sound familiar? 

The Great Depression was caused by the Federal Reserve and their owners, the biggest Wall Street banks, aiding and abetting reckless speculation, greed and extreme risk taking with mountains of debt. The rich got richer and the poor got poorer. The income inequality in the U.S. reached an all-time peak in 1928. It stayed at a high level until World War II. The glory years of the American Empire were from 1941 through 1979, when the middle class was growing, and the income distribution in the country was fair and equitable, as our manufacturing based economy raised all boats.

The income inequality in the country reached the same extreme level in 2007, just prior to the Wall Street created financial implosion. It has not improved in the last four years. In the early 1930s there was the feeling of revolution in the air. With unemployment at 25% and people in desperate straits, the government feared communists or fascists gaining power. The New Deal was really a way to keep the citizens occupied so that a revolution would not take hold. There was much anger towards the bankers and aristocracy who caused the Great Depression. The anger is reflected in the Mumford & Sons lyrics:

Your oppression reeks of your greed and disgrace
So one man has and another has not
How can you love what it is you have got
When you took it all from the weak hands of the poor?
Liars and thieves you know not what is in store

Dust Bowl Dance – Mumford & Sons

The 2008 financial crash was caused by loose Federal Reserve monetary policies, lack of Federal Reserve regulation over criminally reckless Wall Street banks, and incredible levels of bad debt rampant throughout our economic system. The true unemployment rate today is 23%. Another parallel between the early 1930s and today can be seen in the chart below. Almost 11,000 banks, or 40% of all the banks in the U.S., went out of business. Predictably, these were all small banks. None of the connected Wall Street banks went out of business. They benefitted, as 40% of their competition disappeared. Too Big to Fail existed 80 years ago. You may also note that savers were punished, as interest paid on savings plunged from 5% to below 1% and the earnings of middle class workers collapsed.

  1929 1933
Banks in operation 25,568 14,771 
Prime interest rate 5.03% 0.63%
Volume of stocks sold (NYSE) 1.1 B 0.65 B
Privately earned income $45.5B $23.9B
Personal and corporate savings $15.3B $2.3B

Historical Statistics of the United States, pp. 235, 263, 1001, and 1007.


During the early years of the current depression more than 400 banks have gone insolvent and another 800 banks are on the FDIC endangered species list. Therefore, approximately 15% of all the banks in the U.S. will no longer compete with the Wall Street banks that caused the financial crisis. Since 2008, the top five biggest banks in the U.S. have dramatically increased their market share and power. They are: Bank of America, JP Morgan Chase, Citigroup, Wells Fargo, and Goldman Sachs. Amazing how the exact same banks that caused the 1929 and the 2008 market crashes came out unscathed and more powerful after each crisis.

  FDIC Bank Failures

The mainstream media tries to convince the American public that the stock market going up means the economy is improving and they are doing better. The chart below shows that the stock market bottomed in 1932 and proceeded to go up almost 500% by 1937. It’s too bad only the bankers and richest people in society could afford to own stocks. While the stock market soared, the average person struggled to survive. Only the privileged stock owners prospered. The common man suffered.

The unemployment rate remained at elevated levels until World War II. The New Deal policies of Franklin Roosevelt did not end the Great Depression. The common man had trouble putting bread on their table during the entire decade of the 1930?s. The storyline about FDR’s Keynesian spending ending the Depression is false.

The 1930s were filled with seething anger. The Liberty League and Father Charles Coughlin, the Rush Limbaugh of his time, used anti-communist and socialist rhetoric to convince millions of Americans that the model used in Nazi Germany was better than FDR’s New Deal policies. This pushed Roosevelt further to the left against big business and toward more socialist programs to insure getting the votes of the poor. These were bleak days in our country’s history. General Smedley Butler revealed a plot to overthrow the Roosevelt administration and replace it with a fascist dictatorship. The country roiled with furious rage.

In 1932, approximately 80 years ago, 43,000 marchers (17,000 veterans) descended upon Washington D.C.  The Bonus Expeditionary Force, also known as the “Bonus Army”, marched on Washington to advocate the passage of the “soldier’s bonus” for service during World War I.  They set up a camp with tents to bring attention to their cause. After Congress adjourned, bonus marchers remained in the city and became unruly. On July 28, 1932, two bonus marchers were shot by police, causing the entire mob to become hostile and riotous. The government turned the U.S. military upon its citizens. Army cavalry units led by General Douglas MacArthur dispersed the Bonus Army by riding through it and using gas. Fifty five veterans were injured and 135 were arrested. Critics of the marchers described them as communists, troublemakers, and criminals.

Fast forward 80 years and we have protestors setting up camp in a public square, not far from where the same exact banks that caused the Great Depression have created the Greater Depression. The biggest Wall Street banks have gotten bigger. The Federal Reserve, in collusion with the Wall Street banks, has engineered a two year stock market rally, while the average American has seen their wages decline, food and energy prices soar, home prices fall, and banks paying them .1% on their savings. Anger and disillusionment continue to build in this country like a volcano preparing to blow. Some people are angry at Washington politicians. Some are angry at Wall Street. Others aren’t sure who to be angry at. The evil oligarchy of bankers, corporate titans, and bought off Washington politicians that control the agenda and mainstream media, continue to scorn, ridicule and denigrate the middle class of America. Their financial engineering is failing. They’ve gone too far. The debt accumulation is unsustainable. The mood of the country has darkened and talk of revolution and the shadow of impending violence is growing.

The Great Depression was not an event, it was an era. It was an era of discontent, pain, suffering, and ultimately war and death. The people who lived through this era have mostly died off. We have entered a new similar era. The average citizen sees the American Dream of a better life slipping away due to the corruption, greed, and immorality of our political and financial systems. The Federal Reserve’s current chosen mandate is to make the stock market go up, while impoverishing the middle class. The 1% better hope the police and military continue to obey their orders, because the 99% are angry and heavily armed. This Fourth Turning has ten to fifteen years to go. Every previous Fourth Turning has included violence, war and death on an epic scale. Winter has arrived and it will be a long arduous journey until we reach Spring. The choices we make in the next few years will decide the fate of our country. I hope we choose wisely.  


“Thus did a handful of rapacious citizens come to control all that was worth controlling in America. Thus was the savage and stupid and entirely inappropriate and unnecessary and humorless American class system created. Honest, industrious, peaceful citizens were classed as bloodsuckers, if they asked to be paid a living wage. And they saw that praise was reserved henceforth for those who devised means of getting paid enormously for committing crimes against which no laws had been passed. Thus the American dream turned belly up, turned green, bobbed to the scummy surface of cupidity unlimited, filled with gas, went bang in the noonday sun.”

Kurt Vonnegut, God Bless You, Mr. Rosewater

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
AldousHuxley's picture

of course the elites are all connected.

How Steve Jobs befriended Clinton....let the easy credit flow so dumbass Americans waste their money on Apple products by getting more in debt.

'It's hard to travel to see your child when you're President. I've got a place out in the country. You and Hillary can stay there and bring Chelsea and her friends there anytime you want to,'" Clinton recalled.

BigDuke6's picture

How the fuck could someone red aldous??   The elites always come together in ways you never expect you just have to look - tony blair being godfather to rupert murdoch's spawn ... it goes on and on , green from me aldous as if that means a fuck.

i love the photos of the depression , they show people like my folks... we were all slaves back then for the elites.. not just the whinging coloureds who try to give me a guilt trip to get more hand outs - get fucked....we were all eating shit, moan at the banksters not us honkeys.

our governments have been investing in sustaining and growing failure, at the expense of investing in potential and success.

pacifying welfare for losers, to useless education, to endless bureaucratic empire-building, to the fucked up bank bailouts and corruption networks operating under the veil of political lobbying, the common thread uniting western government policy has been investment in failure.

it has to change


boooyaaaah's picture

It could be worse.
The free market system shows the corruption. Dead fish floating tells you something about water quality. Unsustainable --- the irony that solar power was supposed to cure our our economy of unsustainable oil gas and nuke power. Solar is a dead fish floating in a corrupt economy.
With so many "educated" looking for a solution to foist on the rest of us, maybe the solution is no solution. Or better, erase all the solutions that have been enacted for our benifit.
Then the invisible hand will give us our just rewards ratherthan slapping us down. And showing us our mistakes by floating fish.
Fish that the present batch of experts feel the need to resuscitate.
First step let the big banks fail.
2 nd delete all government subsidies into the economy.
Government and economy is a dicotomy.
Sure there will be Henry Fords and Steve Jobs who will gather more riches to themselves than others. The goal of good government is to prevent them through political connection from expanding beyond whatbeyond economic rewards
As Adam Smith stated the uber rich will and must disperse their
Their wealth in a more efficient and beneficial manner than government politicians buying votes with the help of corrupt financiers.
Financiers who are scheming rather than investing and a floating fish that are polluting the economy.

rwe2late's picture

"the uber rich will and must disperse their
Their wealth in a more efficient and beneficial manner" - in your wet dreams

"than government politicians" - if you mean corrupted government politicians, then you have set the bar so low as to be meaniningless; and if you mean any government politician, then you obviously reject the idea democracy could ever succeed.

"buying votes with the help of corrupt financiers" - since when do the financiers not belong to the "uber rich", all of whom use their wealth to influence (bribe) politicians to favor the "uber rich" over everyone else?

Faith in the never-existent "free market" property rights of the "uber rich" is overblown.

Abitdodgie's picture

You people are so brainwashed to keep saying that we live in a Democracy, we do not we live in a Republic, there is a BIG differance, don't be fooled by the lie.

Raymond K Hessel's picture

I just do not understand people like you.  Stalin murdered more people than Hitler.  Together, they killed tens of millions. How is fascism or marxism the answer?  I'm assuming the other option to capitalism is fascism or marxism.


See how other people live in those regimes.  Why would you think that 's the answer.

Unless you're going to wow us with a new economic system no one has seen before, what are you suggesting?

You just want manna to rain down on your smug empty head.  You're a fleabagger.

Rhodin's picture

How many has the US MIC war machine murdered in undeclared "wars"?  How long before they bring those troops home, to maybe do the same here?

Communist systems own (steal, nationalise) the corporations, and everything is run by a small elite.  Under facism, either the major corporations own the government, or they have an "arrangement" with the government, and everything is run by a slightly larger elite.

In USA the anonymous stockholders, of 4-8 corporations own the banks + Fed, most politicians, media, and most other major corporations.  We are run by a small hidden elite oligarchy.  You could call it corporatism or "soft" facism. 

It seems all large systems with a monopoly of force eventually are corrupted and misuse that force.   So far the owners oligarchy has done better than marxism or hard facism, but it seems headed in the same direction.  Perhaps that course can be corrected.  Time will tell, but it does not look good.


snowball777's picture

Come now, your Dukeness. 'Coloureds'? Have you been savaged by the Brits so long that you've adopted their antiquated spelling? Gone 'native'?

The banksters (dipshit CEOs, realtors, and 'money managers') are "you honkeys".

Follow the money. Do you think the elderly are keeping their Medicare payouts? Don't welfare dollars ALL end up in corporate tills?

Where precisely do you envision these 'losers' finding gainful employment (when they're showing up at 100X the number of positions available)?

You're only a slave if you let them make you so...

"In Syria, the men used to castrate themselves in honor of Ataratha. But when King Abgar became a believer, he commanded that anyone who emasculated himself should have a hand cut off. And from that day to the present no one in Urhâi emasculates himself anymore."

"...some monks saw, in his ear, the image of Mary."



irishlink's picture

On Thursday last Aviva Insurance announced that they were going to pull almost 1000 jobs out of Ireland over the next two years. The CEO said that Irish workers had an attitude of entitlement as he took home a wage package of almost £2million sterling over the previous year. He could probably feed all the families who are about to loose their livelyhoods for one year and he dared to make that comment. The top .01% are soo out of touch it is truly frightening.

Monedas's picture

The Irish are trouble makers with attitude ! Move the work to Northern Ireland....but fast !    Ever buggered a Leprechaun ? Nice cuttin' ! Squeaky tight ! Monedas 2011 Comedy Jihad Leprechaun Porn

Kayman's picture

Of course Monedas could be on the receiving end of a little Irish, but grabbing his ankles comes naturally to Monedas.

Rhodin's picture

...let the easy credit flow so dumbass Americans waste their money on Apple products by getting more in debt.

Meanwhile most of those Apple products are made in China by Foxcomm using workers who are paid about $10 per day.  The workers are unhappy with wages and conditions.   Many worker suicides have occurred.  Foxcomm's plan is to replace the ungrateful workers with robots.

Akrunner907's picture

You can stretch a rubber band only so far and then it snaps, and you are the one that gets stung.  Prepare for this rubber band to break soon.

FinHits's picture

I demand to know Where are the Customers' Yachts? 

Fuck the customers, I want to know where is my yacht? Have I been lied to... Noooo.... Can't be.

Double up or nothing. This time it will apparently work the right way!

Timeless Advice from 1920's Wall Street

(The USD 132 hardcover price is a case in point. Sucker. Every minute.)

OldPhart's picture

To hell with yachts, I want my flying car!

Monedas's picture

Who wants to hang with poor people....they don't loan money, they don't hire people, they won't invest in your Ponzi schemes, they don't throw elegant parties and they don't have guest rooms ! Screw 'em !        If Obammy's Mammy moved up from a Kenyan "hut-in-tote" to a well financed CIA undermensch....more power to her ! It sounds like her innate, white intelligence was coming on line a little ! What's the point of having a pussy....if you can't milk the system a little ! Monedas 20011 Comedy Jihad Island Hopping Tour

Quixotic_Not's picture
Behind OWS? Meet the Marxist spawn of Frances Fox Piven who wants a militant revolution

The current meme among the media elites is that the Occupy Wall Street protests are an organic and spontaneous movement created by college-aged students who are frustrated with the cost of student loans, housing, health care and overall corporate greed.

If that were true I’d like to state the obvious, that behind every student is a teacher.

Meet Professor John Asimakopoulos (for purposes of this article we’ll call him Dr. John). He is an associate professor of sociology at the City University of New York-Bronx where he works beside Marxist revolutionary Frances Fox Piven, the quickly aging and fragile grandmother who is best known for being one-half of the Cloward and Piven strategy. Dr. John has also been published alongside other famous Marxists intellectuals such as Howard Zinn, Ward Churchill, and Bill Ayers, advisor to/lifelong friend of/acquaintance of/not associated with President Obama. Among Dr John’s 2,000+ Facebook friends are Wade Radthke from ACORN, Cindy Sheehan, an anti-war activist, and Lisa Fithian, one of the leading organizers of the Occupy Wall Street movement.

OWS: The Perestroika Deception Develops a Face

In recent weeks, every American has watched with morbid curiosity as swarms of hate-filled, sputtering communist loons and Hippie-wannabees have taken to the streets, shutting down cities and leaving a path of destruction wherever they go.  Although many Americans disagree with the stated agenda of these radicals, most think them harmless, dismissing their acts as pathetic attempts to resurrect the failed social movements of the sixties.

But this group of determined radicals is not to be laughed at.  Lisa Fithian, the primary OWS organizer, is an unrepentant communist and proponent of government and economic destabilization as a means of achieving totalitarian centralization along communist lines.  Writing for a socialist rag, Fithian once stated, “I have no issue with property destruction…We’re in a society where property is idolized, so a lot of people don’t get it yet that it doesn’t really matter.”

While this should shock Americans (and would, if the facts were being reported) this is nothing new.  This is just the latest tactic in a long-term strategy that has been quietly moving forward for decade...

Lord Welligton's picture

I thought you were going off to make final preparations?



Quixotic_Not's picture


Lech Walesa Not Attending #OccupyWallStreet in New York After Discovering Hard-Left Organizers


The Polish champion of freedom and liberty, founder of Solidarity, winner of the 1984 Nobel Peace Prize, and first President of modern Poland Lech Walesa had been rumored to possibly be traveling to New York to stand with Occupy Wall Street protesters.


Based on our discussion and intervention, President Walesa is not going to get involved with the OWS.  He is not comfortable with the “organizations” behind the movement.


This spring, when President Obama visited Poland, President Walesa refused to meet with him.


America is a center-right country politically.  The Occupy movement, at its core, is a hard-left movement. If successful, America would cease to be governed on our founding principles of freedom and liberty. Thus, we react to the news that Lech Walesa will not support the OWS movement with much thankfulness...

Hohum's picture

I heard you the first time, dude.

AldousHuxley's picture

better than nothing offered by liberals and republicans alike.

TrulyBelieving's picture

How bout offering up something a good ol Patriot would demand.  A return to Constitutional Law, Freedom for the individual, Equal Justice for All, Small limited govt, Rule of Law, a free market. A country where honesty and integrity rule the day and corruption is not tolerated.   I know I am dreaming, my guess is that none of you even think this idea would work to begin with, not to mention it would'nt be worth trying because you would lose what you have, you know like free things from the gov,t. That being more important to you than freedom and liberty and all. So I say we are indeed in big trouble with no way out. You'll see to it that it gets worse for all, your hell  on earth that will come of you ignoring freedom and Liberty.   Nuff said

AldousHuxley's picture

Sure I'm all about freedom from bankster bailouts, less taxes for the middle class too.

How about if you work more than 1 year, you pay 15% income tax just like the long term capital gains tax?


“In the land of the free they tax me but not G.E.!”


I don't see Tea Party protesting like this, but they should. GE and GM got bailed out for messing around in exotic financials instead of manufacturing.

Protesters Occupy GE CEO Jeff Immelt's Connecticut Front Lawn

TrulyBelieving's picture

You are not for individual freedom. You want the spoils of productive people into your pocket instead of the banks. You fight the banks for the spoils, you are no better than the banks. You are indeed a foul person, but you could change.

Quixotic_Not's picture

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." ~ Samuel Adams

James-Morrison's picture

If you chase only material riches,

you will die at the back of the pack, a poor man.

Ask any eighty-year old, gasping for his last breath,

stuck in an oxygen tent,

as the plug is pulled.  

Monedas's picture

We need a Devil's Island for old Socialists ! Leave them there to create a Socialist paradise free of materialism ! Monedas 2011 I went to a Socialist prison colony and an abundant, Capitalist economy broke out !

boooyaaaah's picture

Taxes are so over done.
As Bachman pointed out the Gov spends 40% more than it takes in.
The gov does not come hat in hand begging the tax payer for this money.
This was the constitutional method. This is the basis for government of the people. The snakey pols have to beg for money.
No longer.
The banks can create money out of thin air. And every thing the touch turns to paper gold. And now they touch the workings of the free economy and turn it to paper gold. Worthless. They will mourn what they have done when the bullies take over.
But we the people were seduced, it wasn't the first time, it sounded so good the gov could spend and spend without begging us for more and more
Now they don't need us
They control their own purse strings
Rather than pandering to the taxpayer they pander to the non taxpayer who votes. And creates a false economy to care for their needs.
What did we expect from them. After all pols have their own self interest at heart.

4 wheel drift's picture

simple and elegant.


i second your thoughts.


fuck the communists,

fuck the democratss,

fuck the republicans.

and above all....


fuck the free $hit army too

Hephasteus's picture

You talk alot about ignorance. Did you know canadians put their milk in bags?

How many people have ever heard of that?

You see because it's impractical and crazy and stupid. So they don't just come out and say hey guess what we put milk in bags.

The universe keeps it's secrets.

Monedas's picture

I hate that, too ! In Mexico city, the low cost, welfare, pseudo milk comes in two liter plastic bags ! Socialist austerity that would make Scrooge wince ! No label, no open here, no calorie info, no cancer warning, no deposit, no litter warning, no allergy alert, no crib death warning ! The Socialist hate to follow their own rules as much as Turbo Tax Timmay hates to pay taxes ! Monedas 2011 Comedy Jihad Milk of Human Kindness

4 wheel drift's picture

Try reasoning with an ignorant maddened crowd...


-lol maddened ignorant crowd and reasoning -an oxymorron 


hollocaust of the arseholes is what's next...... 

deservingly so...

AnAnonymous's picture

A return to Constitutional Law, Freedom for the individual, Equal Justice for All, Small limited govt, Rule of Law, a free market.


Language as a means to connect with reality is degrading in the US world order. As usual, US citizens want to see the causes everywhere but where they lie: it is low IQ people, migrants, public education etc...

Now lets look at the quoted sentence.

A return. Okay.

It implies the following, a start, an origin, an already existing state, condition etc...

So question: When,where for Constitutional Law, Freedom for the individual, Equal Justice for All, Small limited govt, Rule of Law, a free market?

The tearing down of language as a means to connect to reality has little to do with public education, IQ etc...

It has most to do with US citizenism and US citizens thriving on propaganda. They keep distorting words in order to propagate their twisted rewriting of basic events.

Please feel free to tell when and where for enable that return.

TrulyBelieving's picture

It's easy to know what enables a return to Constitutional Law. The fact you don't know tells me it would be a waste of time explaining. Instead, for more understanding start by getting a dictionary and look up the word 'parasite' then apply that definition to yourself.

Raging Debate's picture

An Anon - It depends what the meaning of is is

dehdhed's picture

"... all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."   -- Declaration of Independence  July 4th, 1776

toady's picture

I know, right?

I usually don't have time for these multi-page, spam, junk-blast posts, but that Q tool posted the same list a couple of days ago, and it looked like it might actually be a REAL list of demands, so I made the time to read it. It actually looks reasonable!

And since the main issue against the demands will end up being 'its too expensive', here is a list of cuts to pay for it;

'obamacare' goes away since there is now medicare for all. (saves roughly 10% GDP annually)

Cut DHS, a massive do-nothing.

Expire the bush tax cuts.

Well, you get the idea.

Basically get rid of massive government and corporate subsidies and subsidise the US citizens instead.

amanfromMars's picture


Quixotic_Not, Howdy,

Your post of Sat, 10/22/2011 - 19:36, failed to include this important and relevant bit of information. The omission suggests that you are a troll/shill/sad purveyor of lies and a less than skilled sockpuppet ...... 

Proposed List Of Demands For Occupy Wall St Movement! (User Submitted)

Posted Sept. 25, 2011, 3:46 p.m. EST (27 days ago) by anonymous

Admin note: This is not an official list of demands. This is a forum post submitted by a single user and hyped by irresponsible news/commentary agencies like Fox News and This content was not published by the collective, nor was it ever proposed or agreed to on a consensus basis with the NYC General Assembly. There is NO official list of demands. ……



Quixotic_Not's picture

"Fear is the foundation of most governments; but it is so sordid and brutal a passion, and renders men in whose breasts it predominates so stupid and miserable, that Americans will not be likely to approve of any political institution which is founded on it."  ~ John Adams

toady's picture


Do you HAVE an original thought, or is your entire universe just cut-n-paste?

Carlyle Groupie's picture

"suggests that you are a troll/shill/sad purveyor of lies and a less than skilled sockpuppet"

True dat. Looks like Glenn Beck got another account on the hedge!

njdoo7's picture

Do you mean the post that only linked to an article?  An article whose first two sentences are:

"The official OWS website posted the “demands” of a supporter a few days ago. It is not certain if the demands posted below represent the agreed upon consensus of the movement"


So it indeed did include "this important and relevant bit of information."


Your claim that these details were ommitted, when they are in the first two sentences, "suggests that you are a troll/shill/sad purveyor of lies and a less than skilled sockpuppet."


You're not only "less than skilled" but a morally inept and incompetent cheap whore of disinformation.  Take your propaganda and fuck off. 

riley martini's picture

 Anyone could claim to be OWS or  tea party offically easy . Look how easy the Fascist republicans took over the tea party . So far the tea party republican have fought to lower wages for worker . I am sure they are well on their way to being million aires from bribes and insider trading by now . Not even a mention of massive fraud against Pensions or any corporate crimes against the American people .

James-Morrison's picture

A sad commentary on the times we live in.

Socialism is being debated as a viable system, after years of false-starts.

This is a glaring symptom of the student debt bubble.

There is a debt jubilee around the corner. All is forgiven.  

toady's picture

I know ALOT of people who pray for a debt jubilee every day.

I keep think I need to run up a bunch of debt before the jubilee!