99%

[msuspartan]

[quote="MichChamp02":avedh0iu]For those of you who aren't completely uninformed idiots like Spartan boy here, there have been several good columns written that sum up the protests. Matt Taibbi has written a few of them for his blog in RollingStone.

it refutes the media spin characterizing these protests as simply "jealousy" and makes it clear that it's about protesting the massive fraud and inequality before the law that was revealed as a result of the bailout & lack of action from the Obama DOJ & Congress in terms of prosecuting fraud & passing legislation to protect the public from this happening again. Link http://www.rollingstone.com/politics/blogs/taibblog/owss-beef-wall-street-isnt-winning-its-cheating-20111025

this quote kinda sums it up generally, but the whole article is great: <blockquote>When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn

 

[Michchamp]

The Occupy Wall Street movement consists of a bunch of unemployed history majored college graduates, hippies, and socialists looking for government handouts, income redistribution, and forgiveness of their personal debts. They are putting the blame on capitalism! Instead the Tea Party has it right, the blame is on big government! The Tea Party wants spending cuts to reduce the national debt, reduction in foreign aid, and protection of our borders and resources from illegal immigrants that take advantage of our stupidity and receive government aid!

I busted my ass off from the age of 15 washing dishes and waiting tables. I was able to save $15k for my college tuition. I was awarded a scholarship that paid for my first year tuition, and now I have student loans paying for rest. My parents are far from the top 1% and couldn't afford to pay for my college education. Next December I will graduate (once again) with a Master's degree in Accounting from a top 20 business school and my loans will be repaid within two years because I chose to obtain a REAL degree, not a psychology, history, or communications degree. I apologize President Obama, I will repay my student loans and I don't feel any self-entitlement. I have the drive to be in the 1%.

This 99% believes the rich doesn't pair their "fair share" and believes big corporations such as Exxon don't pay any taxes (LMAO) when they pay billions! Seriously, they need to learn some tax.

Ron Paul 2012...END THE FED!

"Learn some tax"? If you really do have a MAcc from a "top 20 business school" I hope our company doesn't employ any other graduates of it to look at our books. Yikes.

Basically, your post reads word-for-word like Fox News approved commentary on the people at OWS.

But anyways, like my last post made clear, no one is protesting capitalism. They are protesting massive amounts of fraud and misconduct that went unpunished, and continues to be protected by a "democracy" that no longer represents them and we no longer have a voice in.

They are not protesting bailouts per se, although that's certainly part of it.

It is pretty simple when you break it down, but you still seem to have trouble understanding it.

 

[Michchamp]

Another stupid thing I keep hearing: "these protesters are a bunch of useless liberal arts majors."

1. that's a generalization, and obviously in no way completely true;

2. The idea that the only worthwhile degree is a science, engineering, or business degree needs to be laid to rest. For one thing, we've had a liberal arts education for hundreds of years. It's certainly not useless. We need philosophers, writers, english & language professors/teachers, historians, sociologists, psychologists, and economists, among other things. You don't need a business or an econ degree to go into business, and it's not like those really prepare you for the typical workplace anyway.

3. if everyone tried to move to the "conservative approved" majors, it would cause some problems, since there really aren't enough slots at those schools to accommodate everyone.

4. even if there were, you'd still have the problem with employment. In case you haven't noticed, the employment rate is over 9% and that's in the low estimates and excludes people who've totally given up on finding jobs. We could crank out more engineers, accountants, physicists, biologists, mathematicians, etc., and they'd still be sitting around unemployed.

 

[msuspartan]

1) I don't know how any statements I have provided give you any indication about my exact level of expertise in taxation, but nice attempt in trying to downgrade me (typical liberal attack).

2) You can't say my opinion of the OWS crowd is wrong when you have no evidence to back it up. I am only seeing what I see on interviews (and yes that includes interviews besides Fox News). Many of the protestors are denouncing capitalism, calling for redistribution of wealth and forgiveness of personal debts which not capitalistic principals. Our country was not founded with these intentions. Please provide video evidence of your view of the protestors. I will be more than happy to watch. I can find hundreds of videos were protesting are denouncing capitalism.

3) People have the right to pursue any major they wish, but they do not have the right to be awarded a job. Jobs are awarded based on skill and knowledge. It's all competition. I do not mind if people have history, sociology, or journalism degrees. More power to them. Take your knowledge and empower yourself, become self-employed.

4) Lastly, what cases of fraud have gone unpunished? I would really like to hear one if that is what this whole OWS movement is protesting. Saying big bonuses are fraud would be incorrect, it is not fraud. If the government wanted to put restrictions on the loans to wall street they should have.

 

[Michchamp]

4) Lastly, what cases of fraud have gone unpunished? I would really like to hear one if that is what this whole OWS movement is protesting. Saying big bonuses are fraud would be incorrect, it is not fraud. If the government wanted to put restrictions on the loans to wall street they should have.

sigh... we had this debate elsewhere in the off topic section.

YOU go look it up. and no, you won't learn about it by watching Fox News or Glenn Beck. Sorry.

You really shouldn't show up in this debate, defend "capitalism" while being so ignorant of what transpired from 2005 until the whole things collapsed and had to be bailed out by the Fed.

 

[msuspartan]

4) Lastly, what cases of fraud have gone unpunished? I would really like to hear one if that is what this whole OWS movement is protesting. Saying big bonuses are fraud would be incorrect, it is not fraud. If the government wanted to put restrictions on the loans to wall street they should have.

sigh... we had this debate elsewhere in the off topic section.

YOU go look it up. and no, you won't learn about it by watching Fox News or Glenn Beck. Sorry.

You really shouldn't show up in this debate, defend "capitalism" while being so ignorant of what transpired from 2005 until the whole things collapsed and had to be bailed out by the Fed.

Please link me to the thread, I have no clue which one it is.

I know what happened. The Fed deserves the blame from their existence. They didn't have to bail anyone out. The banks should have failed, why reward failure?

 

[Michchamp]

sigh... we had this debate elsewhere in the off topic section.

YOU go look it up. and no, you won't learn about it by watching Fox News or Glenn Beck. Sorry.

You really shouldn't show up in this debate, defend "capitalism" while being so ignorant of what transpired from 2005 until the whole things collapsed and had to be bailed out by the Fed.

Please link me to the thread, I have no clue which one it is.

I know what happened. The Fed deserves the blame from their existence. They didn't have to bail anyone out. The banks should have failed, why reward failure?

the banks should have failed. the public/taxpayer should not have assumed the risk & cost of their bad investments.

both parties passed the bill.

Republicans and Democrats, but mostly republicans, fought to gut Dodd-Frank. The restrictions as proposed would have prevented the banks from doing the same thing again.

The banks won. Not only did they keep the reward of all their bad investments, but they put the risk entirely on taxpayers.

Democrats & Republicans made this happen. The Obama administration has been more or less complicit in that. Most of Obama's funding comes from Wall street. At this stage in the game, only a fool would expect him to do anything about it.

people making up OWS saw this and more or less understand it, hence they are out protesting.

Ignoramuses like you did not, hence you sit at home on your couch, staring at Glenn Beck on the boob tube and dismissing these protests as part of some vague wealth grab from liberal arts majors...

 

[msuspartan]

Please link me to the thread, I have no clue which one it is.

I know what happened. The Fed deserves the blame from their existence. They didn't have to bail anyone out. The banks should have failed, why reward failure?

the banks should have failed. the public/taxpayer should not have assumed the risk & cost of their bad investments.

both parties passed the bill.

Republicans and Democrats, but mostly republicans, fought to gut Dodd-Frank. The restrictions as proposed would have prevented the banks from doing the same thing again.

The banks won. Not only did they keep the reward of all their bad investments, but they put the risk entirely on taxpayers.

Democrats & Republicans made this happen. The Obama administration has been more or less complicit in that. Most of Obama's funding comes from Wall street. At this stage in the game, only a fool would expect him to do anything about it.

people making up OWS saw this and more or less understand it, hence they are out protesting.

Ignoramuses like you did not, hence you sit at home on your couch, staring at Glenn Beck on the boob tube and dismissing these protests as part of some vague wealth grab from liberal arts majors...

Lol, once again I HATE republicans, just not nearly as much as democrats.

You yourself probably think the Tea-Party consists of a bunch of redneck racists.

Why aren't you disputing my other comments? No evidence or facts?

 

[tsmith7559]

99% are backed by socialist and communist...enough said

 

[TheVictors]

LMMFAO!!!!


Nobody on this board is in the "1%"


And no 'Grad degree' in accounting will get you there.

 

[msuspartan]

LMMFAO!!!!


Nobody on this board is in the "1%"


And no 'Grad degree' in accounting will get you there.

No one said anyone was in the 1%. The top 1% doesn't even a $1M a year in salary. How do you know if someone will get there or not? Nice contribution to the topic.

 

[tsmith7559]

why dont the OWS move over to Freddie Mac & Fannie Mae? the owe the govt $140 Billion dollars and just paid out millions in bonuses? At least the majority of the Banks have paid back the money, with interest.
I'll answer the question myself...they want the govt to provide free housing and tax payers expense

 

[TheVictors]

LMMFAO!!!!


Nobody on this board is in the "1%"


And no 'Grad degree' in accounting will get you there.

No one said anyone was in the 1%. The top 1% doesn't even a $1M a year in salary. How do you know if someone will get there or not? Nice contribution to the topic.

LOL, I am a worthless liberal arts degree holder in English/Philosophy from UM and I guarantee I make far more money than you do. All you've done to this point is parrot standard talking points while accusing others of providing no "facts" (like you) so why should I bother wasting time crafting an articulate and thoughtful response?

As someone who works on Wall Street and all, I've got a lot of hippies to ripoff.

 

[deathroh]

A little heavy handed (no surprise) but South Park was on the case last night. Pretty good show.

 

[redandguilty]

See, that is where you are wrong. I have the drive to be in that 1%, I study hard and set my goals high.

Then why did you go to State? (LOL! I kid!! I kid.)

Here is a survey of the protesters in New York. Hooray numbers! http://www.douglasschoen.com/pdf/Occupy_Wall_Street_Poll_Douglas_Schoen.pdf

 

[TheVictors]

Wow, #3, 5 & 14 are pretty telling

And #27 sort of debunks that bland assertion that they're 'socialists' (not that half the people using that term on Fox actually know what it means, it's just a buzzword in talking points)

 

[redandguilty]

The unemployment rate of the OWS-ers is 15%. The "Get a job" line is largely not applicable.

 

[Michchamp]

The unemployment rate of the OWS-ers is 15%. The "Get a job" line is largely not applicable.

Yeah, but if they aren't allowed to demonize them and stereotype them as they want, it would be a lot harder to ignore their message and continue to sit there and watch Fox-And-Friends go on and on about these lazy, good-for-nothing rich kids who don't have any actual legitimate complaints, and just don't want to get off their asses and get one of those jobs that are easy to come by.

 

[msuspartan]

Wow, #3, 5 & 14 are pretty telling


And #27 sort of debunks that bland assertion that they're 'socialists' (not that half the people using that term on Fox actually know what it means, it's just a buzzword in talking points)

I appreciate the data, but asking what political party you affiliate is misleading. It's all about the issues.

For example,

27. Do you agree or disagree with the following statement: Government has a moral responsibility to guarantee healthcare, college education, and a secure retirement for all -- no matter what the cost. 35% Disagree
65% Agree

These "entitlements" are socialistic in nature. How are they not? Why doesn't the government just supply us with a home, a job, and cook us a nice meal after an appropriate 6 hr work day?

http://socialistparty-usa.org/platform/humanneeds.html

My supportive evidence is right here.

If my evidence is still wrong, then please define socialism for me and the Socialist Party of the USA.

Finally, "the get a job" comment" was stupid. I do not support Cain.

Ron Paul 2012

 

[TheVictors]

There is nothing wrong with "socialism" and much of the Western world incorporates significant aspects of it into its governance.

To say that the government should provide for the people versus the magical "private sector" should (or would) is one argument.

To dismiss anything related to "socialism" on face is juvenile and ignorant. The sarcastic quip about being provided a house, a job and a "nice meal" is rather funny when you think about it.

Private sector banks giving anybody and everybody with a pulse any amount of free money in order to have a house based on rampant "deregulation," only to then profit from the inevitable inability to repay the free money, privatizing the gains and then socializing the losses....?

Sounds a lot like what these occupyers are pissed off about in the first place.

Finding some platitude for the "USA Socialist" party and applying it to a survey question is off-base anyways. College grads, lost job, mixed political affiliation (if any), generally young, frustrated .... Actually sounds quite a bit different than the Tea Party, when you really look at that 198 person census anyways.