Occupy Wall Street - Page 97

On October 21 2011 16:20 Peanut Butter wrote:


OWS shows no sign of slowing down. I am willing to bet that there will be at least 500 posts on this thread by the time this is all over, if not much more. If you will actually read all of those, well, you will get my stamp of awsomeness.

On October 22 2011 02:48 BioNova wrote:
I'll admit that OWS is far from over, but for those sitting on the sidelines trying to figure it out, sit up and take notice of the laste few posts. This situation is going to change something, even if for the worse. The Tea Party for all intensive purposes, ensured that which it fought against. This may well do the same.

Elem, any opinions on the banks trying to move all the derivitaves to publicly insured spreadsheets? Fallout, will the FDIC lose to the Fed on this one? That bailout would be unfathomable. It was BoA and Merill just for clarity

On October 22 2011 07:28 MattBarry wrote:

WHY. Intents and purposes. Trolling, right?

On topic: I think movements like this are just good in general since it'll show the government they can't step on the rights of their citizens freely. It certainly needs to get more unified. I'm hesitant to join their cause because of some of the more radical ideas being proposed and a more unified front would provide less radical changes.

On October 22 2011 08:02 jello_biafra wrote:
There was an 'Occupy George Street' in Edinburgh the other day, a street of expensive clothes shops and night clubs, nowhere near the financial sector...

On October 22 2011 08:09 semantics wrote:

probably filled with the people who are against decadence or perhaps they feel they bother more rich people there? Either way not a huge fan of doing that, much rather just have more people in larger groups so people can't belittle them as fringe.

On October 22 2011 08:31 Energizer wrote:
Can someone explain to me what the hell people are protesting? Because as far as Ive gathered its a protest about people that have money... Seriously, protesting wall street is like protesting fat people who eat.

On October 22 2011 08:31 Energizer wrote:
Can someone explain to me what the hell people are protesting? Because as far as Ive gathered its a protest about people that have money... Seriously, protesting wall street is like protesting fat people who eat.

On October 22 2011 07:28 MattBarry wrote:
I'm hesitant to join their cause because of some of the more radical ideas being proposed and a more unified front would provide less radical changes.

On October 22 2011 08:38 caradoc wrote:


read the post above yours.

On October 22 2011 09:08 HCastorp wrote:

Appreciate the compliment, but I don't think that that particular article is really the best place to start to answer that kind of question. I suspect the following have been posted here already, but I think they make better starting points.

The Chart-laden Business Insider article that ended up going viral is still probably the single best explanation out there.

David Graeber again in the Guardian, this was probably the first good mainstream article on OWS way back in the very beginning, and it is still one of the best short summaries out there.

I find it hard to predict the future of this movement. I'm thinking it may go mostly dormant in the winter and re-emerge in a more focused form in the spring. We could end up seeing several branches split off the OWS tree, involving a mixture of more traditional (top-down) activism, grassroots direct action, and involvement from politicians on things like student loan reform, specific financial reforms, prosecution of certain banks/bankers, etc. Or we could just keep hanging out in parks. But I think that, as powerful as that has been so far, its shelf life is limited. I'd be happy to be wrong about that though.

On October 22 2011 09:16 caradoc wrote:


would probably depend on region as well. I can't see the Occupy Toronto protests going on in January, but Occupy California is another thing entirely.

On October 22 2011 07:28 MattBarry wrote:

WHY. Intents and purposes. Trolling, right?

On topic: I think movements like this are just good in general since it'll show the government they can't step on the rights of their citizens freely. It certainly needs to get more unified. I'm hesitant to join their cause because of some of the more radical ideas being proposed and a more unified front would provide less radical changes.

On October 22 2011 01:57 semantics wrote:

Rather then again and again recant how much full of shit your statements are including how the guiled age was the best time to run a business yet it's still the governments fault for every recession now where is that thread on Somalia.
http://www.archives.upenn.edu/histy/features/tuition/1950.html
Why do you have to lie, this was a very easy fact you could look up

Which totals to $1365

Also what does 1950 have to do with your gilded age age =p education was not assessable to the common man.

You find it funny people won't do a job because it's boring, okay you stand there all day all you have to do is make a steel wheel all day nothing else, you've come from a blacksmith very capable person yet all you do is making a steel wheel's all day, people are people not robots =p Turn over rate in 1913 was 370% so that tells you to suck it =p. They hired 50448 men only 13623 would stay and only 18% were fired the rest quit in one form or another. 370% is high though the normal turn over rate in Detroit was 200% sense you never get perspective. Let's see the model T wasn't put out there till 1908 his continuous assembly line was put in place 1913, 1914 is when the 5 dollar a day pay was implemented which is when turn over fell to 54%, funny how that works treat your workers like shit all day and they do nothing but say leave pay them alot and they stay this is also when he reduced the hours to work a shift to 8 hours. Good time to exploit people but people like you better if you actually pay them in profit sharing essentially half of the cost of revenue went to workers due to that 5 dollar a day. yet that still leaves him with 10 million to expand and do other shit.

On October 22 2011 08:30 HCastorp wrote:
I haven't read it all yet, but this is one of the better discussions of OWS I've seen. TL rarely disappoints!

As far as I can tell no one has yet posted this article, which goes into more detail about the beginnings of the movement than any other that I have seen. It also offers some good analysis.

David Graeber on Playing by the Rules - The Strange Success of OWS

Naked Capitalism as a whole is a pretty good blog for anyone who is interested in this kind of stuff. For those who find themselves ignorant of much of the basics (I count myself among this group) Khan academy actually has great lectures on banking, finance, the bailout, major regulations such as Glass-Steagal and Dodd-Frank, and other economic topics.

On October 22 2011 08:30 HCastorp wrote:
I haven't read it all yet, but this is one of the better discussions of OWS I've seen. TL rarely disappoints!

As far as I can tell no one has yet posted this article, which goes into more detail about the beginnings of the movement than any other that I have seen. It also offers some good analysis.

David Graeber on Playing by the Rules - The Strange Success of OWS

Naked Capitalism as a whole is a pretty good blog for anyone who is interested in this kind of stuff. For those who find themselves ignorant of much of the basics (I count myself among this group) Khan academy actually has great lectures on banking, finance, the bailout, major regulations such as Glass-Steagal and Dodd-Frank, and other economic topics.