A Comment On Wall Street 'Protests'

[Sallow]

We are not defending Wall St.
Wall St needs some rules and certain regulations done.
It's Marxism and communism that we are against and that is what the protesters are for.
It was socialism that started this whole mess with the Dem's wanting the poor to own homes of which they could not afford and Not regulating Fanny Mae and Freddy Mac.

The majority aren't for communism or marxism. And the ones that are..are basically to young to really know what it truly is.

 

[Sallow]

"My take is that we shouldn't envy what others have and try to demonize successful people. We just need to work hard so we can aspire to succeed. We're in the greatest country in the world. There are no shackles holding us down. The only shackles that prevent us from succeeding is the thought that other people are responsible for our own failures.

A quick message to everyone who supports this "occupy wall street" movement protesting corporations:


- throw away your ipods, ipads, and ibooks. those products are made by one of the wealthiest and most successful corporations in the world.
- stop organizing your events on facebook and twitter, and delete your accounts. yeah, those guys are rich too.
- make sure your pants don't say levi, express, old navy, etc.
- be sure to read your pamphlets by candle light and get rid of all your light bulbs because they're made by corporations. oh, and don't get your candles from yankee candle co. they're evil, right?
- get rid of your corporate made car. buy a bike... but not scwhinn. er, actually you should ride a horse or walk. but make sure your shoes don't say nike.
- sit on the floor instead of a chair. your seat could be made by ikea or laz-e-boy. oh, and make sure you don't sit on a floor manufactured by tile corporations or lumber companies. they're probably evil too.
- throw away your michael moore dvd collection. he's actually one of the biggest capitalists in hollywood. you don't even have a TV anyway, right? those are made by corporations.
- get rid of your fancy shmancy smart phone. you'll never guess this, but it was made by a corporation too. you don't need txting or the internet! those things are fueled by corporate funding.
- call out your favorite bands, like radio head, for using fender or gibson guitars. make sure they use non-corporate instruments while they spread their propag.. er, message.
- no more stoves or microwaves.
- no more ramen noodles or mac 'n cheese. there goes your cheap meals.
- no more video games.
- no more cameras to capture your revolution.
- no more books.
- no more gps.
- no more jon stewart.
- no more weekend at the movies.
- no more farms.
- no more radio.
- no more electricity.
- no more AC or heat. unless, of course you burn wood. but then you're destroying the ozone layer.

and if you happen to think it irony [or poetic justice] to use the tools made by the corporations to protest the system, i disagree. it's just plain hypocrisy."

Wish I could take credit for this, but it was in my morn emails....

Almost each and every one of those products you mentioned originated in a government lab or was part of a government/private partnership.

So tax-payers are funding wealth. Nothing wrong with people getting rich. There is something wrong when they are not equitably sharing profit.

Even "Kraft" cheese didn't become a super duper corporation on thier own. They got a contract during WWII from the government.

Links?

Welcome to the New York Public Library

 

[Dragon]

Fannie and Freddie had almost nothing to do with the financial meltdown. Neither did the program for low-income mortgages. The mortgages that failed, triggering the collapse of the mortgage-backed securities and credit default swaps, were disproportionately ARMs, and disproportionately mortgages of business property rather than homes.

 

[PoliticalChic]

Yep.

Why are these idiots on Wall St. anyway.

They should be in DC where the laws, regs and oversite originate.

Any idea which left wing groups are behind this??

Van, Watermelon Man, Jones.

Precious. Really.

It appears that CG is familiar with the Delingpole opus "Watermelons: The Green Movement's True Colors [Paperback]


For your edification, and so you won't embarrass yourself again...

the link from Amazon:
[ame=http://www.amazon.com/Watermelons-Green-Movements-True-Colors/dp/0983347409/ref=sr_1_1?s=books&ie=UTF8&qid=1317745765&sr=1-1]Amazon.com: Watermelons: The Green Movement's True Colors (9780983347408): James Delingpole: Books[/ame]



The green movement, like a watermelon: green on the outside, red on the inside.

 

[Ravi]

a. Your reason for posting, it seems, is akin to the reasons you hung out in the little girls bathroom in middle school, and require just as much effort: you mumble a few inconsequential utterances.

Thanks for giving into my demands, PC. Now I see why you rarely post original thoughts....

 

[PoliticalChic]

Almost each and every one of those products you mentioned originated in a government lab or was part of a government/private partnership.

So tax-payers are funding wealth. Nothing wrong with people getting rich. There is something wrong when they are not equitably sharing profit.

Even "Kraft" cheese didn't become a super duper corporation on thier own. They got a contract during WWII from the government.

Links?

Welcome to the New York Public Library

So you really can't substantiate your earlier post?

What a surprise....

...no dogbone for you.

 

[PoliticalChic]

a. Your reason for posting, it seems, is akin to the reasons you hung out in the little girls bathroom in middle school, and require just as much effort: you mumble a few inconsequential utterances.

Thanks for giving into my demands, PC. Now I see why you rarely post original thoughts....

OMG...the words are STILL too big for you???

 

[MiddleClass]

There are no shackles holding us down. The only shackles that prevent us from succeeding is the thought that other people are responsible for our own failures.

Huh? I guess you don't think that Big Money in Politics has provided shackles on the Middle Class? Sheesh, I mean really, some of you sheep are really naive

 

[CrusaderFrank]

Fannie and Freddie had almost nothing to do with the financial meltdown. Neither did the program for low-income mortgages. The mortgages that failed, triggering the collapse of the mortgage-backed securities and credit default swaps, were disproportionately ARMs, and disproportionately mortgages of business property rather than homes.

Wronger than Krugman

 

[peach174]

Fannie and Freddie had almost nothing to do with the financial meltdown. Neither did the program for low-income mortgages. The mortgages that failed, triggering the collapse of the mortgage-backed securities and credit default swaps, were disproportionately ARMs, and disproportionately mortgages of business property rather than homes.

Yes they did, Fannie and Freddie and others sold these homes to people who could not afford them at adjustable rate mortgages and businesses.
And if the people themselves had had any common sense you never buy a large ticket item like a home or business on any arm's.
You always should buy them at a fixed rate.
My girlfriends daughters bought a home to open a day care center on an adjustable rate loan.
We told them to do it with a fixed rate but they would not listen to us.
They lost the business and it will take them five years ( a very expensive 5 yrs) to pay back the mess that they got themselves into.

 

[Katzndogz]

The protesters don't really want an end to Wall St or the rich or the bankers. They really want the rich to give them everything they want. The protesters don't want to give up the cell phones and lap tops, they just don't want to have to pay for them.

 

[The Rabbi]

I would differentiate between those who make things and those who trade things.

Why? Without people who trade things there would be no people who make things.

 

[Katzndogz]

Fannie and Freddie had almost nothing to do with the financial meltdown. Neither did the program for low-income mortgages. The mortgages that failed, triggering the collapse of the mortgage-backed securities and credit default swaps, were disproportionately ARMs, and disproportionately mortgages of business property rather than homes.

Yes they did, Fannie and Freddie and others sold these homes to people who could not afford them at adjustable rate mortgages and businesses.
And if the people themselves had had any common sense you never buy a large ticket item like a home or business on any arm's.
You always should buy them at a fixed rate.
My girlfriends daughters bought a home to open a day care center on an adjustable rate loan.
We told them to do it with a fixed rate but they would not listen to us.
They lost the business and it will take them five years ( a very expensive 5 yrs) to pay back the mess that they got themselves into.

It's really worse than that. With the ease of getting mortgages, home values rose. People who could afford the homes they bought refinanced and took out the equity to the point where they couldn't afford them. Some people refinanced 5-6 times taking out the equity. They had a good time with that money. They went on vacations, bought cars, new furniture. They bought a house for $150,000 that they could afford and borrowed it out to $600,000 that they couldn't afford.

 

[WillowTree]

Yep.

Why are these idiots on Wall St. anyway.

They should be in DC where the laws, regs and oversite originate.

One of the things being protested is the excessive influence of big business on the government. So Wall Street is just as appropriate a venue as Washington. However, don't worry, as this grows I'm sure D.C. won't be neglected.

Any idea which left wing groups are behind this??

All of them, if not now, then soon.

Could you, for the benefit of the conservatives, outline what the economic impacts of their 11 demands would be?

No he cannot, he's fucking clueless.

 

[Unkotare]

Gawd some ppl will defend anything because they don't like the opposition. Wall street is part of the problem that took down the housing market. To pretend that Wall Street is all middle class workers is disingenuous at least and a lie at most.

Ah, so do we 'take down' Congress too? Will the toothless villagers show up at Barney Frank's love shack with torches and pitchforks (or more likely joints, poorly spelled signs, and BO)? Will the empty-headed little fools marching around for they know not what go door to door at all the people who took out mortgages they couldn't pay?

 

[PoliticalChic]

Fannie and Freddie had almost nothing to do with the financial meltdown. Neither did the program for low-income mortgages. The mortgages that failed, triggering the collapse of the mortgage-backed securities and credit default swaps, were disproportionately ARMs, and disproportionately mortgages of business property rather than homes.

Let's cut to the chase, Dragged-In....

Would there have been a 'mortgage meltdown' leading to financial collapse, without government slipping 'control of home ownership' into Article I, section 8 of the Constitution?

No?

So, folks would buy houses if and when they could affort same?

Terrible?


Therein in lies the distinction between liberals and conservatives.
One day, you may understand.

 

[California Girl]

Van, Watermelon Man, Jones.

Precious. Really.

It appears that CG is familiar with the Delingpole opus "Watermelons: The Green Movement's True Colors [Paperback]


For your edification, and so you won't embarrass yourself again...

the link from Amazon:
[ame=http://www.amazon.com/Watermelons-Green-Movements-True-Colors/dp/0983347409/ref=sr_1_1?s=books&ie=UTF8&qid=1317745765&sr=1-1]Amazon.com: Watermelons: The Green Movement's True Colors (9780983347408): James Delingpole: Books[/ame]



The green movement, like a watermelon: green on the outside, red on the inside.

Yep. I read books. Pity that more people don't do likewise.... but willful ignorance is a choice.

 

[peach174]

There are no shackles holding us down. The only shackles that prevent us from succeeding is the thought that other people are responsible for our own failures.

Huh? I guess you don't think that Big Money in Politics has provided shackles on the Middle Class? Sheesh, I mean really, some of you sheep are really naive

The reason that the middle class is going away is because of big government.
When you have Government taking a large amount of the business profit for taxes and regulations it gives them no money for raises to their employees or to hire more employees.
We have to get the money out of lobbying and reform campaign contributions.

 

[PoliticalChic]

There are no shackles holding us down. The only shackles that prevent us from succeeding is the thought that other people are responsible for our own failures.

Huh? I guess you don't think that Big Money in Politics has provided shackles on the Middle Class? Sheesh, I mean really, some of you sheep are really naive

"Big Money in Politics has provided shackles on the Middle Class"

Actually, no.

And as for your quote, it has the same originality and impact as "Workers of the world unite..."
To be responded to with a yawn.

You see, the middle class in this country is perpetually moving upwards, neither stagnating nor falling back.
What propels folks like you is envy and covetousness, not combined with the work ethic of earlier generations.
And you love being 'stroked' by the Left, telling you that you 'deserve' what others have.
Sad and wrong.


Try to be more articulate, say exactly what you mean, and support same.
But...bear in mind, if it has the same provinance as above, I will rip it to shreds.

Put a little effort in...it may train you for life.

 

[Dragon]

Would there have been a 'mortgage meltdown' leading to financial collapse, without government slipping 'control of home ownership' into Article I, section 8 of the Constitution?

Yes. The meltdown had nothing to do with government regulations on mortgages, and everything to do with the LACK of government regulations on other financial transactions.