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Occupy Wallstreet

Discussion in 'BBS Hangout: Debate & Discussion' started by Sweet Lou 4 2, Oct 2, 2011.

  1. Hightop

    Hightop Member

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    OWS wants to take down Obama?
     
  2. Deckard

    Deckard Blade Runner
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    I don't know about the rest of the country, but the "problems" recently with the "Occupy Wallstreet" movement in Austin started when a large number of transients decided to join the "party." These aren't the actual politically active folks demonstrating, but rather some other people that those who live in Austin, like me, are very familiar with. So lumping the "troubles" publicized here with the actual movement amounts to lazy reporting and/or lazy delving into the facts by those with a knee-jerk negative reaction to the protests against the rape of the average American by the big banks and big corporations.

    Just thought I'd mention that.
     
  3. Rashmon

    Rashmon Member

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    What these agit-prop posting conservatives fear most is what happens when these newly energized and politically educated activist Americans return home.

    Grassroots mobilizing of the vote.

    FEAR
     
  4. Hightop

    Hightop Member

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    The transients know what's up way more the the protesters.

    <iframe width="560" height="315" src="http://www.youtube.com/embed/kxjpW2QqCBE" frameborder="0" allowfullscreen></iframe>
     
  5. Dubious

    Dubious Member

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    Collateral Static. (TM)

    It' s not pertinent to the issue. It's distracting but it's publicity.
    " any publicity is good publicity" ?
     
  6. tallanvor

    tallanvor Member

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    What rights are OWS protesting for? I'm all for some raising hell if the government is ignoring it's obligation to protect individual rights since it is the government's only function.
     
    #1166 tallanvor, Nov 1, 2011
    Last edited: Nov 1, 2011
  7. Dubious

    Dubious Member

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    The right to not to get f**ked over. I think it's in the Constitution.

    The corporate PAC's subvert the representation of the people much like the Fascist regimes, the Family Autocracies, the Theocracies, and the Military Dictatorships. It's when you use power, violence, intimidation, propaganda or money to subvert the working of the government from the general welfare to enrich your personal coffers. That's not hard to understand.
     
    #1167 Dubious, Nov 1, 2011
    Last edited: Nov 1, 2011
  8. rhadamanthus

    rhadamanthus Member

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  9. Dubious

    Dubious Member

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    Bank of America Derivatives Transfer Draws Lawmaker Scrutiny
    November 01, 2011, 2:52 AM EDT

    .......Senator Bernie Sanders, a Vermont Independent who supported legislation to separate trading operations from commercial banking, said the transaction is a “perfect example why we should break up too-big-to-fail financial behemoths.”

    “If federal regulators give the green light to Bank of America to move its risky derivative schemes it acquired from Merrill Lynch into its federally insured commercial banking subsidiary that would be outrageous,” Sanders said.


    Representative Maurice Hinchey, a New York Democrat who pushed to require splitting commercial and investment banking, said Bank of America’s actions underline a lost opportunity.

    “What Bank of America is doing is perfectly legal -- and that’s the problem,” Hinchey said.

    Hinchey is among more than 40 House lawmakers who have signed on to a bill that would reinstate the Glass-Steagall Act, the Depression-era law that enforced separation of depository institutions from investment operations before it was partially repealed in 1999.“

    The FDIC is in effect being forced to insure Wall Street’s risk-taking,” Hinchey said in a statement. “This is the opposite of capitalism -- the risks are socialized and the benefits are privatized.”

    Senators John McCain, an Arizona Republican, and Maria Cantwell, a Washington Democrat, lobbied last year for a Senate floor vote to reinstate Glass-Steagall. The amendment never got a vote.[ /I]

    http://www.businessweek.com/news/20...vatives-transfer-draws-lawmaker-scrutiny.html
     
    #1169 Dubious, Nov 1, 2011
    Last edited: Nov 1, 2011
  10. Dubious

    Dubious Member

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    Bank of America Derivatives Transfer Draws Lawmaker Scrutiny
    November 01, 2011, 2:52 AM EDT

    Senator Bernie Sanders, a Vermont Independent who supported legislation to separate trading operations from commercial banking, said the transaction is a “perfect example why we should break up too-big-to-fail financial behemoths.”

    “If federal regulators give the green light to Bank of America to move its risky derivative schemes it acquired from Merrill Lynch into its federally insured commercial banking subsidiary that would be outrageous,” Sanders said.


    Representative Maurice Hinchey, a New York Democrat who pushed to require splitting commercial and investment banking, said Bank of America’s actions underline a lost opportunity.

    “What Bank of America is doing is perfectly legal -- and that’s the problem,” Hinchey said.

    Hinchey is among more than 40 House lawmakers who have signed on to a bill that would reinstate the Glass-Steagall Act, the Depression-era law that enforced separation of depository institutions from investment operations before it was partially repealed in 1999.


    “The FDIC is in effect being forced to insure Wall Street’s risk-taking,” Hinchey said in a statement. “This is the opposite of capitalism -- the risks are socialized and the benefits are privatized.”

    Senators John McCain, an Arizona Republican, and Maria Cantwell, a Washington Democrat, lobbied last year for a Senate floor vote to reinstate Glass-Steagall. The amendment never got a vote.

    http://www.businessweek.com/news/20...vatives-transfer-draws-lawmaker-scrutiny.html
     
  11. Rashmon

    Rashmon Member

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  12. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    Doesn't matter. That's the beauty of democracy. Why someone protests is irrelevant. It in and of itself is a RIGHT!

    Our democracy has become a sham, with corporations running the show.

    I support the restoration of our democracy.
     
  13. mc mark

    mc mark Member

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    Thank You OWS!!!!

    the people 1
    the banks 0

    Bank of America backs down on $5 debit card fee



    -Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for debit card purchases after outraged customers threatened an exodus.

    The about-face comes as customers across the country petitioned the bank and mobilized to close their accounts in favor of credit unions and community banks. The outcry prompted other major banks, including JPMorgan Chase & Co. and Wells Fargo & Co., to cancel trial tests of their own debit card fees.

    Bank of America, the nation's second largest bank, said it reversed course after listening to customers. Anne Pace, a spokeswoman for Bank of America, declined to say whether there was a spike in account closures following the September announcement that it would start charging the fee early next year.

    Higher fees have become a fact of life for bank customers in recent years. But this one touched a nerve because it hit so close to home; many Americans have come to rely on debit cards to manage essential expenses such as groceries and gas.

    At the same time, there's still lingering resentment over the role that banks played in the 2008 financial meltdown and the ongoing home foreclosure crisis. That anger has come to surface in recent weeks with the Occupy Wall Street movement.
     
  14. basso

    basso Member
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    odd, i don't remember hearing about rapes at racist teabagger rallies.

    <iframe width="853" height="480" src="http://www.youtube.com/embed/gGFeJ6gmJAE?rel=0" frameborder="0" allowfullscreen></iframe>

    gay rape at that, and yes, TISWWT.
     
  15. basso

    basso Member
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    they rappin' the whole 99% out here...

    <iframe title="MRC TV video player" width="640" height="360" src="http://www.mrctv.org/embed/107054" frameborder="0" allowfullscreen></iframe>
     
  16. RedRedemption

    RedRedemption Member

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    They are not protesting government they are protesting corporations.
    Both sides are prey to these corporate bastards. Don't sling your republican bias in this thread.
     
  17. Hightop

    Hightop Member

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    They won't protest Obama because they are too weak to admit their faults. How can they protest the messiah they are about to vote for again? Idiot losers.
     
  18. rhadamanthus

    rhadamanthus Member

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    ^^^^Lamest attempted troll post ever.
     
  19. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    I agree all cops are the same! They have all been beating up the protesters!
     
  20. RedRedemption

    RedRedemption Member

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    Bahahaha. The D&D is for educated citizens. Not radical brainwashed GOP zombies like you. ;)
     

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