Don't you worry your pretty little head. We'll take care of it. And really??? I would love to see some proof that you're in the 1%
Yeah, I'm saying your claim is STUPID. New York has the largest police department in the freaking world.
Deckard and Rowdy... I guess I just don't understand how inflation can be avoided if the govt is creating a market that wouldn't otherwise have grown this large. Am I off base when I state that the student loan market wouldn't be as large as it is without govt backing?
It's just more complicated than that. Taking complex issues and giving loaded, simplistic answers doesn't really work in the real world. What about the impact of globalization on the job market? Middle class jobs that no longer exist without a college education. What about people's jobs that get outsourced and people who have to go back to school to train for a different job? What about for profit colleges that have no entrance standards? What about the money that colleges spend on football these days? It may make money at some schools but I'm betting it loses money at most schools. But really, let's blame government backed loans for the state of education today.
It is not my claim. It is the claim of some 'high level' New York police officers. Also, New York does not have the 'largest police department in the freaking world' per capita.
So what will happen first, will it die down or will there be some results? My fear is that the idiot in the crowd causes a problem.
Matt Taibbi can always speak for me: http://bbs.clutchfans.net/newreply.php?do=newreply&noquote=1&p=6372144 My Advice to the Occupy Wall Street Protesters: Hit bankers where it hurts I've been down to "Occupy Wall Street" twice now, and I love it. The protests building at Liberty Square and spreading over Lower Manhattan are a great thing, the logical answer to the Tea Party and a long-overdue middle finger to the financial elite. The protesters picked the right target and, through their refusal to disband after just one day, the right tactic, showing the public at large that the movement against Wall Street has stamina, resolve and growing popular appeal. But... there's a but. And for me this is a deeply personal thing, because this issue of how to combat Wall Street corruption has consumed my life for years now, and it's hard for me not to see where Occupy Wall Street could be better and more dangerous. I'm guessing, for instance, that the banks were secretly thrilled in the early going of the protests, sure they'd won round one of the messaging war. Why? Because after a decade of unparalleled thievery and corruption, with tens of millions entering the ranks of the hungry thanks to artificially inflated commodity prices, and millions more displaced from their homes by corruption in the mortgage markets, the headline from the first week of protests against the financial-services sector was an old cop macing a quartet of college girls. That, to me, speaks volumes about the primary challenge of opposing the 50-headed hydra of Wall Street corruption, which is that it's extremely difficult to explain the crimes of the modern financial elite in a simple visual. The essence of this particular sort of oligarchic power is its complexity and day-to-day invisibility: Its worst crimes, from bribery and insider trading and market manipulation, to backroom dominance of government and the usurping of the regulatory structure from within, simply can't be seen by the public or put on TV. There just isn't going to be an iconic "Running Girl" photo with Goldman Sachs, Citigroup or Bank of America – just 62 million Americans with zero or negative net worth, scratching their heads and wondering where the hell all their money went and why their votes seem to count less and less each and every year. No matter what, I'll be supporting Occupy Wall Street. And I think the movement's basic strategy – to build numbers and stay in the fight, rather than tying itself to any particular set of principles – makes a lot of sense early on. But the time is rapidly approaching when the movement is going to have to offer concrete solutions to the problems posed by Wall Street. To do that, it will need a short but powerful list of demands. There are thousands one could make, but I'd suggest focusing on five: 1. Break up the monopolies. The so-called "Too Big to Fail" financial companies – now sometimes called by the more accurate term "Systemically Dangerous Institutions" – are a direct threat to national security. They are above the law and above market consequence, making them more dangerous and unaccountable than a thousand mafias combined. There are about 20 such firms in America, and they need to be dismantled; a good start would be to repeal the Gramm-Leach-Bliley Act and mandate the separation of insurance companies, investment banks and commercial banks. 2. Pay for your own bailouts. A tax of 0.1 percent on all trades of stocks and bonds and a 0.01 percent tax on all trades of derivatives would generate enough revenue to pay us back for the bailouts, and still have plenty left over to fight the deficits the banks claim to be so worried about. It would also deter the endless chase for instant profits through computerized insider-trading schemes like High Frequency Trading, and force Wall Street to go back to the job it's supposed to be doing, i.e., making sober investments in job-creating businesses and watching them grow. 3. No public money for private lobbying. A company that receives a public bailout should not be allowed to use the taxpayer's own money to lobby against him. You can either suck on the public teat or influence the next presidential race, but you can't do both. Butt out for once and let the people choose the next president and Congress. 4. Tax hedge-fund gamblers. For starters, we need an immediate repeal of the preposterous and indefensible carried-interest tax break, which allows hedge-fund titans like Stevie Cohen and John Paulson to pay taxes of only 15 percent on their billions in gambling income, while ordinary Americans pay twice that for teaching kids and putting out fires. I defy any politician to stand up and defend that loophole during an election year. 5. Change the way bankers get paid. We need new laws preventing Wall Street executives from getting bonuses upfront for deals that might blow up in all of our faces later. It should be: You make a deal today, you get company stock you can redeem two or three years from now. That forces everyone to be invested in his own company's long-term health – no more Joe Cassanos pocketing multimillion-dollar bonuses for destroying the AIGs of the world. To quote the immortal political philosopher Matt Damon from Rounders, "The key to No Limit poker is to put a man to a decision for all his chips." The only reason the Lloyd Blankfeins and Jamie Dimons of the world survive is that they're never forced, by the media or anyone else, to put all their cards on the table. If Occupy Wall Street can do that – if it can speak to the millions of people the banks have driven into foreclosure and joblessness – it has a chance to build a massive grassroots movement. All it has to do is light a match in the right place, and the overwhelming public support for real reform – not later, but right now – will be there in an instant. This story is from the October 27, 2011 issue of Rolling Stone.
The part you are ignoring is WHY the student loans are as big today as they are. This is the direct result of government diverting money that used to go to higher education to tax cuts for rich people. In other words, the rich are getting more money while the rest of us have to take out ever-larger loans just to get a college education. If the student loan market wasn't as large as it is (because of government backing), we would have even LESS educated workers than we currently have. I would argue that we should have universal higher education so that we can continue to compete as a country.
You are a fool of fools. NYPD has 40k officers. The next largest city doesn't even have 15K. NY has nearly triple any other city. More than enough to handle the protests.
I think a larger problem is a lack of skilled labor, not necessarily educated labor. A person can make a good, lifelong living without having higher education but have a valuable skillset, e.g. repair man, mechanic, welder, etc.
The skills necessary to compete with the best and brightest in the world are acquired in college, not in trade school.
depends on what skills you are talking about. If someone wants to be mechanic, a air conditioning repair man, welder, etc...college is not necessary. Mandatory college is just not viable or necessary, that's all.
it probably won't come from "in" the crowd. Chemical bomb tossed into Occupy Maine encampment Portland police Sgt. Glen McGary said the bomb was thrown into the camp’s kitchen, a tarped area where food is cooked and served. Protest organizers said the explosion lifted a large table about a foot off the ground. --------- Sounds like something gwayneco can get behind
Yes because the world is kicking our butts with a plunger!!!! Think about it - what jobs are getting outsourced - its the plumbing, electrician, air conditioning repair man, etc etc. Have you noticed all the Chinese coming in after Irene? Did you see all the Mexicans taking over building highways now? They build the highway in Mexico and then ship it back over here. And just the other day, when my sink got clogged, they package up my sink and sent it to India - got it back a week later - ALL GOOD!
