Occupy Wall Street: The Movement Grows

The left manufactured an enemy, that enemy is the engine of American prosperity. The democrats have passed laws harming the financial health of the nation, and now blame the creators and innovators.

Meanwhile, the relatively recent Chinese stock exchange, only 20 years old is SURGING. China is vaulting into an economic powerhouse and we turn into Greece. I can only hope that the real 99%, the workers, the small investors, the business owners, will put a foot down on the necks of these communists.
 
On "Today" it was reported this morning that 800 "OWS" protests are planned for today WORLDWIDE!

If the Democrats are really behind this movement expect 2012 to be a D tsunami here in the US.

Notwithstanding the New Right propaganda most people do not trust banks or insurance companies, most Americans and citizens of the world understand the role played by the financial 'services' industry in creating and profitting from the economic crisis.
Except it ISN'T the DNC behind this. It is being funded by radical socialists and anarchist loving organizations hoping to gain Krushchev's prediction that a decadent capitalist society can be shaken loose from the tree and fall into their hands like over-ripe fruit. Where is the money coming from to pay for these "gr-ass-root" uprisings?

Who pays for the porta-potties? the food? the water? the permits? I drive by an encampment of these Occupados every damn day and see how they're organized. It's costing them tens of thousands a day to maintain what they're doing, and that's just an eyeball estimate from how many porta-potties, commercial scale waterjugs and food refuse they have scattered about in big vending piles and near...ish trash bins.

I know the protesters aren't paying their way. They're too greedy to pony up their fair share of living expenses as a general rule like all radical leftists... it's much better to get someone else to pay their freight.
 
Excellent questions. It's the "53%".

Police overtime alone amounted to $1.9 million during three weeks of anti-Wall Street demonstrations in New York, Police Commissioner Raymond Kelly said last week. In Boston, the tab for police overtime is estimated to reach $2 million if the protest continues through the end of October, said the city council president this week. And that doesn't include other costs, such as extra trash pickup, portable toilets, and even electricity being supplied to the protesters' tent cities.

Boston has budgeted $30 million for police overtime for the fiscal year, he says, but a monthly tab of $2 million from Occupy Boston protests over and above usual crowd-control costs will send the city straight into the red.

Cities fret over democracy's costs as 'Occupy Wall Street' stretches on - CSMonitor.com

I usually visit NY and Philly several times a year. Not with this nonsense going on. How many other visitors are staying away? Adds up... :confused:
 
That has to be why the Tea Party swept the last congressional elections. They aren't very popular.

Well, to begin with you're exaggerating; it was the Republicans who swept the elections. Most Republicans elected were not Tea Party candidates. In fact, there were at least three Senate races that the GOP lost with TP candidates that they would have won with someone more mainstream: Delaware, Colorado, and Nevada.

The main reason that the Republicans won last year is because many of the progressive voters who elected Obama in 2008 stayed home. That same critique of the GOP from the Tea Party has a mirror on the left.

Remember, voter turnout was only 41%. So the Republicans won the votes of only slightly more than 20% of the electorate. That's hardly a mandate, nor a reason to conclude that they're popular.
Well there's a delusional statement.

But, oh hey! Look! Some other groups have decided that what the Occupados are doing is a good thing!

(following links from Gatewaypundit.com)

WhiteHonor » The ‘Occupy Wall Street’ Movement

Solidarity with ?Occupy Wall Street? ? Teleconference Oct 11 » cpusa

Well HELL! If these groups align philosophically, my my my... doesn't it mean their goals are similar too? Persecute wall street and bring down the system so they can install their socialist/fascist structure instead of freedom loving capitalism?

Good job, Occupados, and your psychopathic sycophants! Job well done! :clap: :rolleyes: :clap:
 
Excellent questions. It's the "53%".

Police overtime alone amounted to $1.9 million during three weeks of anti-Wall Street demonstrations in New York, Police Commissioner Raymond Kelly said last week. In Boston, the tab for police overtime is estimated to reach $2 million if the protest continues through the end of October, said the city council president this week. And that doesn't include other costs, such as extra trash pickup, portable toilets, and even electricity being supplied to the protesters' tent cities.

Boston has budgeted $30 million for police overtime for the fiscal year, he says, but a monthly tab of $2 million from Occupy Boston protests over and above usual crowd-control costs will send the city straight into the red.

Cities fret over democracy's costs as 'Occupy Wall Street' stretches on - CSMonitor.com

I usually visit NY and Philly several times a year. Not with this nonsense going on. How many other visitors are staying away? Adds up... :confused:
Cloward and Piven in action. Bankrupting cities who will then scream for financial help to the states and feddies who have no money either. So the choices become simple and few and ugly.

1. Ignore the cities and say eat the costs forcing them to raise money locally. Oh that'll go over well and really make em struggle to keep their phony baloney jobs.

2. Tell the workers to eat it and work for free... illegal but we're talking a government and 'need'.

3. Shut down extra services and tell the law-abiding citizens to eat it, due to budget shortfalls and let the occupados become like Victorian Era Navvies... roving mobs doing what they please and enforcing their own ideas of 'justice'. Won't that be nice?

4. Present the Occupados for a bill and force them to eat it, pay up or get out... as they ought to. Call it a 'consumption' tax. Those who use, must pay.

Ain't this gonna be fun, folks?
 
That has to be why the Tea Party swept the last congressional elections. They aren't very popular.

Well, to begin with you're exaggerating; it was the Republicans who swept the elections. Most Republicans elected were not Tea Party candidates. In fact, there were at least three Senate races that the GOP lost with TP candidates that they would have won with someone more mainstream: Delaware, Colorado, and Nevada.

The main reason that the Republicans won last year is because many of the progressive voters who elected Obama in 2008 stayed home. That same critique of the GOP from the Tea Party has a mirror on the left.

Remember, voter turnout was only 41%. So the Republicans won the votes of only slightly more than 20% of the electorate. That's hardly a mandate, nor a reason to conclude that they're popular.
Oh for those who continue to believe that the DNC didn't get their ding-dings kicked to the back of their throat in 2010, even Wikipedia can't modify the facts. Here are the big congressional and state races. You can follow links to see how badly the state legislatures and local races went conservative directions. Many cities who never had anything but a democrat or socialist running them for 80 year or so lost their strongholds. This is probably not a fluke, but a scary trend for liberals who believe those positions and powers entitled to them forever.

United States elections, 2010 - Wikipedia, the free encyclopedia

Republican gains
Republican holds
Democratic gains
Democratic holds
Independent win
not contested



350px-2010_Senate_election_results_map.svg.png

Senate Election results.

350px-2010_gubernatorial_election_results.svg.png

Gubernatorial races

800px-2010_House_elections.svg.png

House of Representatives Election results.

Only an utter fool can deny this evidence.
 
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Excellent questions. It's the "53%".

Police overtime alone amounted to $1.9 million during three weeks of anti-Wall Street demonstrations in New York, Police Commissioner Raymond Kelly said last week. In Boston, the tab for police overtime is estimated to reach $2 million if the protest continues through the end of October, said the city council president this week. And that doesn't include other costs, such as extra trash pickup, portable toilets, and even electricity being supplied to the protesters' tent cities.

Boston has budgeted $30 million for police overtime for the fiscal year, he says, but a monthly tab of $2 million from Occupy Boston protests over and above usual crowd-control costs will send the city straight into the red.

Cities fret over democracy's costs as 'Occupy Wall Street' stretches on - CSMonitor.com

I usually visit NY and Philly several times a year. Not with this nonsense going on. How many other visitors are staying away? Adds up... :confused:
Cloward and Piven in action. Bankrupting cities who will then scream for financial help to the states and feddies who have no money either. So the choices become simple and few and ugly.

1. Ignore the cities and say eat the costs forcing them to raise money locally. Oh that'll go over well and really make em struggle to keep their phony baloney jobs.

2. Tell the workers to eat it and work for free... illegal but we're talking a government and 'need'.

3. Shut down extra services and tell the law-abiding citizens to eat it, due to budget shortfalls and let the occupados become like Victorian Era Navvies... roving mobs doing what they please and enforcing their own ideas of 'justice'. Won't that be nice?

4. Present the Occupados for a bill and force them to eat it, pay up or get out... as they ought to. Call it a 'consumption' tax. Those who use, must pay.

Ain't this gonna be fun, folks?
Or we could tell the rich to eat it.

Government could stop borrowing from the richest 1% of individuals and corporations and resume taxing them at the same levels they paid in the 1960s.
 
Should they bill them directly? Or should the cities just authorize the police to seize their property so they can pay themselves?

Bizarro.

I would love to see the biggest "occupier" organizations be sent a bill. That would be funny.
 
It isn't global. It isn't world wide. These protests are in socialist countries that have finally run out of other people's money.
 
It isn't global. It isn't world wide. These protests are in socialist countries that have finally run out of other people's money.
In the same way Wall Street's 2008 looting of the world's economy wasn't global?

Trillions of dollars of private debt in Europe and the US was nationalized in 2008 due to Wall Street's control accounting fraud bubbles. Today the rich are using governments from Greece to Madison to inflict austerity measures on the victims of investor class greed.

The solution is to prosecute and fine those responsible for the fraud and raise taxes on the investor class to 1960s levels.
 
Should they bill them directly? Or should the cities just authorize the police to seize their property so they can pay themselves?

Bizarro.

I would love to see the biggest "occupier" organizations be sent a bill. That would be funny.
Get the meter maids to hand out tickets as bills for the daily cost of operations as laid out by estimates of their total numbers in wherever they happen to have passed out for the night.

Don't bill the 'organizers'. That has no impact. Bill the participants. That they'll never forget... particularly when they don't pay and a bench warrant is issued for their arrest. If that doesn't drive the point home that protesting has personal risk, nothing will.
 
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These protesters really think they are 99% of the public! That's surprising. The REAL 99% are working for one of those big corporations. I hope it comes to a head pretty soon. Just to bring an end to libs. OWS is sitting around waiting for its Kent State Moment.

I'm informed that about major corporations in the USA create about 8% of all jobs in the nation.

So assuming every worker in every major corporation loathes the OWS movement, the 99% is really only about 91%.

All nonsense of course.

The 99% number is largely bullshit, as is every other number derived from it.
 
It isn't global. It isn't world wide. These protests are in socialist countries that have finally run out of other people's money.
In the same way Wall Street's 2008 looting of the world's economy wasn't global?

Trillions of dollars of private debt in Europe and the US was nationalized in 2008 due to Wall Street's control accounting fraud bubbles. Today the rich are using governments from Greece to Madison to inflict austerity measures on the victims of investor class greed.

The solution is to prosecute and fine those responsible for the fraud and raise taxes on the investor class to 1960s levels.

I think you keep making outrageous assertions just to get responses. You really believe that the meltdown in Greece is from "the rich using govts ..... to inflict austerity measures on the victims of investor class greed"??? That problem is because the POLICIES there have crippled businesses and investors and the Golden Goose stopped laying falafel balls.

That and the GREED of believing that govt provides benefits from an Oracle in the Hills that spouts money and is the only mitigator of risk in life.
 
It isn't global. It isn't world wide. These protests are in socialist countries that have finally run out of other people's money.
In the same way Wall Street's 2008 looting of the world's economy wasn't global?

Trillions of dollars of private debt in Europe and the US was nationalized in 2008 due to Wall Street's control accounting fraud bubbles. Today the rich are using governments from Greece to Madison to inflict austerity measures on the victims of investor class greed.

The solution is to prosecute and fine those responsible for the fraud and raise taxes on the investor class to 1960s levels.

I think you keep making outrageous assertions just to get responses. You really believe that the meltdown in Greece is from "the rich using govts ..... to inflict austerity measures on the victims of investor class greed"??? That problem is because the POLICIES there have crippled businesses and investors and the Golden Goose stopped laying falafel balls.

That and the GREED of believing that govt provides benefits from an Oracle in the Hills that spouts money and is the only mitigator of risk in life.
Goldman Sachs played the same role in the Greek financial crisis they played in this country.

"Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts..."

Governments in Europe and the US are responding exactly as all governments have throughout history; they are socializing losses (converting massive private market losses into public debt) while privatizing profits for a select few.

"As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels."

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com

Maybe you should pull your head out of the corporate falafel balls long enough to find out what reality you're living in.
 
In the same way Wall Street's 2008 looting of the world's economy wasn't global?

Trillions of dollars of private debt in Europe and the US was nationalized in 2008 due to Wall Street's control accounting fraud bubbles. Today the rich are using governments from Greece to Madison to inflict austerity measures on the victims of investor class greed.

The solution is to prosecute and fine those responsible for the fraud and raise taxes on the investor class to 1960s levels.

I think you keep making outrageous assertions just to get responses. You really believe that the meltdown in Greece is from "the rich using govts ..... to inflict austerity measures on the victims of investor class greed"??? That problem is because the POLICIES there have crippled businesses and investors and the Golden Goose stopped laying falafel balls.

That and the GREED of believing that govt provides benefits from an Oracle in the Hills that spouts money and is the only mitigator of risk in life.
Goldman Sachs played the same role in the Greek financial crisis they played in this country.

"Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts..."

Governments in Europe and the US are responding exactly as all governments have throughout history; they are socializing losses (converting massive private market losses into public debt) while privatizing profits for a select few.

"As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels."

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com

Maybe you should pull your head out of the corporate falafel balls long enough to find out what reality you're living in.

Nope --- Hiding an INTERNAL GOVT CAUSED DEBT PROBLEM for a decade has NOTHING to do with MBsecurities and the housing bubble. Unless you're an ignorant leftist that wants to conflate the 2 actions. Yeah -- so what? You'd rather the socialist policies in Greece had imploded 12 years ago without GS trying to counsel them as to how to manage it?
 
Germany knows what happened in Greece. It wasn't Goldman Sachs.

Germans tell Greeks to rise earlier and work harder to avoid financial crisis - Telegraph

But Germany's Bild tabloid had another suggestion, calling on Greek citizens to adopt a more Germanic work ethic in an open letter to Mr Papandreou.

Dear Mr Prime Minister,

If you read this print, you’ve entered a country completely different from yours. You’re in Germany.

* Here, people work until they are 67. There is no longer a 14-month salary for civil servants.

* Here, nobody needs to pay a €1,000 bribe to get a hospital bed in time.

* And we don’t pay pensions for the General’s daughters who sadly can’t find husbands.

* In this country, the petrol stations have cash registers, the taxi drivers give receipts and farmers don’t swindle EU subsidies with millions of olive trees that don’t exist.

Germany also has high debts - but we can meet them.

* That’s because we get up reasonably early and work all day. Becuase in good times we always spare a thought for the bad times. Becuase we have good firms whose products are in demand around the world.

Dear Mr Prime Minister, today you are in the country that sends umpteen-thousand of tourists and money aplenty to Greece.

We want to be friends with the Greeks. That’s why since joining the euro, Germany has given your country €50bn.

For this reason, we are writing to you,

Yours,

Bild Editorial
 
I think you keep making outrageous assertions just to get responses. You really believe that the meltdown in Greece is from "the rich using govts ..... to inflict austerity measures on the victims of investor class greed"??? That problem is because the POLICIES there have crippled businesses and investors and the Golden Goose stopped laying falafel balls.

That and the GREED of believing that govt provides benefits from an Oracle in the Hills that spouts money and is the only mitigator of risk in life.
Goldman Sachs played the same role in the Greek financial crisis they played in this country.

"Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts..."

Governments in Europe and the US are responding exactly as all governments have throughout history; they are socializing losses (converting massive private market losses into public debt) while privatizing profits for a select few.

"As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels."

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com

Maybe you should pull your head out of the corporate falafel balls long enough to find out what reality you're living in.

Nope --- Hiding an INTERNAL GOVT CAUSED DEBT PROBLEM for a decade has NOTHING to do with MBsecurities and the housing bubble. Unless you're an ignorant leftist that wants to conflate the 2 actions. Yeah -- so what? You'd rather the socialist policies in Greece had imploded 12 years ago without GS trying to counsel them as to how to manage it?
You're even more ignorant of Wall Street history than most corporate tools.

"It had worked before. In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow billions, people familiar with the transaction said. That deal, hidden from public view because it was treated as a currency trade rather than a loan, helped Athens to meet Europe’s deficit rules while continuing to spend beyond its means."

If you don't see the connection between MB securities and the housing bubble's global consequences, think harder.

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com
 
Germany knows what happened in Greece. It wasn't Goldman Sachs.

Germans tell Greeks to rise earlier and work harder to avoid financial crisis - Telegraph

But Germany's Bild tabloid had another suggestion, calling on Greek citizens to adopt a more Germanic work ethic in an open letter to Mr Papandreou.

Dear Mr Prime Minister,

If you read this print, you’ve entered a country completely different from yours. You’re in Germany.

* Here, people work until they are 67. There is no longer a 14-month salary for civil servants.

* Here, nobody needs to pay a €1,000 bribe to get a hospital bed in time.

* And we don’t pay pensions for the General’s daughters who sadly can’t find husbands.

* In this country, the petrol stations have cash registers, the taxi drivers give receipts and farmers don’t swindle EU subsidies with millions of olive trees that don’t exist.

Germany also has high debts - but we can meet them.

* That’s because we get up reasonably early and work all day. Becuase in good times we always spare a thought for the bad times. Becuase we have good firms whose products are in demand around the world.

Dear Mr Prime Minister, today you are in the country that sends umpteen-thousand of tourists and money aplenty to Greece.

We want to be friends with the Greeks. That’s why since joining the euro, Germany has given your country €50bn.

For this reason, we are writing to you,

Yours,

Bild Editorial
From your link:

"On Thursday, two German politicians told their Greek counterparts that the country should sell off its assets – art, historic buildings and islands – before accepting international aid."

Your solution is to allow bankers to get their windfall by using debt to achieve what warfare accomplished in the past?

Greece should privatize its public assets on credit with tax deductibility for interest so as to leave more cash flow to the bankers who caused much of the problem in the first place?

Germans tell Greeks to rise earlier and work harder to avoid financial crisis - Telegraph
 
Goldman Sachs played the same role in the Greek financial crisis they played in this country.

"Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts..."

Governments in Europe and the US are responding exactly as all governments have throughout history; they are socializing losses (converting massive private market losses into public debt) while privatizing profits for a select few.

"As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels."

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com

Maybe you should pull your head out of the corporate falafel balls long enough to find out what reality you're living in.

Nope --- Hiding an INTERNAL GOVT CAUSED DEBT PROBLEM for a decade has NOTHING to do with MBsecurities and the housing bubble. Unless you're an ignorant leftist that wants to conflate the 2 actions. Yeah -- so what? You'd rather the socialist policies in Greece had imploded 12 years ago without GS trying to counsel them as to how to manage it?
You're even more ignorant of Wall Street history than most corporate tools.

"It had worked before. In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow billions, people familiar with the transaction said. That deal, hidden from public view because it was treated as a currency trade rather than a loan, helped Athens to meet Europe’s deficit rules while continuing to spend beyond its means."

If you don't see the connection between MB securities and the housing bubble's global consequences, think harder.

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com

Don't NEED to think harder for this conversation.. It's pretty much over because in your NYT article it SAYS ---

Athens did not pursue the latest Goldman proposal, but with Greece groaning under the weight of its debts and with its richer neighbors vowing to come to its aid, the deals over the last decade are raising questions about Wall Street’s role in the world’s latest financial drama.

Wall Street did not create Europe’s debt problem. But bankers enabled Greece and others to borrow beyond their means, in deals that were perfectly legal. Few rules govern how nations can borrow the money they need for expenses like the military and health care. The market for sovereign debt — the Wall Street term for loans to governments — is as unfettered as it is vast.

“If a government wants to cheat, it can cheat,” said Garry Schinasi, a veteran of the International Monetary Fund’s capital markets surveillance unit, which monitors vulnerability in global capital markets.

Score one for GOVT corruption and incompetence. The fact that 10 years ago GS brought them a practice that postponed their demise -- is inconsequential.. Unless you have proof that it was illegal or the EU chastized them for doing it..
 
Nope --- Hiding an INTERNAL GOVT CAUSED DEBT PROBLEM for a decade has NOTHING to do with MBsecurities and the housing bubble. Unless you're an ignorant leftist that wants to conflate the 2 actions. Yeah -- so what? You'd rather the socialist policies in Greece had imploded 12 years ago without GS trying to counsel them as to how to manage it?
You're even more ignorant of Wall Street history than most corporate tools.

"It had worked before. In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow billions, people familiar with the transaction said. That deal, hidden from public view because it was treated as a currency trade rather than a loan, helped Athens to meet Europe’s deficit rules while continuing to spend beyond its means."

If you don't see the connection between MB securities and the housing bubble's global consequences, think harder.

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com

Don't NEED to think harder for this conversation.. It's pretty much over because in your NYT article it SAYS ---

Athens did not pursue the latest Goldman proposal, but with Greece groaning under the weight of its debts and with its richer neighbors vowing to come to its aid, the deals over the last decade are raising questions about Wall Street’s role in the world’s latest financial drama.

Wall Street did not create Europe’s debt problem. But bankers enabled Greece and others to borrow beyond their means, in deals that were perfectly legal. Few rules govern how nations can borrow the money they need for expenses like the military and health care. The market for sovereign debt — the Wall Street term for loans to governments — is as unfettered as it is vast.

“If a government wants to cheat, it can cheat,” said Garry Schinasi, a veteran of the International Monetary Fund’s capital markets surveillance unit, which monitors vulnerability in global capital markets.

Score one for GOVT corruption and incompetence. The fact that 10 years ago GS brought them a practice that postponed their demise -- is inconsequential.. Unless you have proof that it was illegal or the EU chastized them for doing it..
You forgot this part:

"As in the American subprime crisis and the implosion of the American International Group, financial derivatives played a role in the run-up of Greek debt. Instruments developed by Goldman Sachs, JPMorgan Chase and a wide range of other banks enabled politicians to mask additional borrowing in Greece, Italy and possibly elsewhere.

"In dozens of deals across the Continent, banks provided cash upfront in return for government payments in the future, with those liabilities then left off the books. Greece, for example, traded away the rights to airport fees and lottery proceeds in years to come.

"Critics say that such deals, because they are not recorded as loans, mislead investors and regulators about the depth of a country’s liabilities.

"Some of the Greek deals were named after figures in Greek mythology. One of them, for instance, was called Aeolos, after the god of the winds."

Think harder, Windy.

Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis - NYTimes.com
 

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