It's offical. The protestors are getting stupider.

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DarkRyter

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I wish I had more than a tangential understanding of economics.

Then I could have an opinion on the matter beyond vague populist notions.
 

Technocrat

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[sarcasm]

Good heavens, with those kinds of numbers, the banks might lose thousands of dollars. :O

[/sarcasm]
 

Kopikatsu

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Technocrat said:
[sarcasm]

Good heavens, with those kinds of numbers, the banks might lose thousands of dollars. :O

[/sarcasm]
We're in a rather major recession at the moment and again, the banks don't really 'carry' that much physical money. 40,333+ people might be enough to fatally injure a chain or two. Which you know, ISN'T GOOD. Especially because of the whole 'recession' thing.

Anyway, the great depression started because of a chain reaction thing. If the protestors do this and it does end up damaging some banks, other people might become worried and withdraw their money in order to 'protect' it. And then we end up in Clusterfuck Town.
 

TheIronRuler

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Kopikatsu said:
Tanakh said:
Wow OP, did you read the link? If so, and unless you have more than $20 grand in the bank they are just trying to help pass regulation on banks and prevent them from charging you $3-5 bucks (per month? per transaction? the wording isn't clear).

And not to worry OP, see the wealth distribution? If the current social science numbers are right and assuming this guys are at or below the average wealth for an American they have sooo little money (http://www.politifact.com/truth-o-meter/statements/2010/dec/10/bernie-s/bernie-sanders-viral-speech-says-top-1-percent-ear/) the banks literally don't give a crap about them as clients and only have them to charge the transactions with micro payments.
I did read the link, I use a debit card, and my Wells Fargo account happens to have less than $20k in it. Am I upset about it? Sure. Am I willing to potentially crash the economy over it? Fuck no. That's such an extreme overreaction that I don't even know how to respond to it.

I'm not really sure why people complain about the wealth distribution. Wasn't the point of capitalism for people who are successful to become fabulously wealthy beyond their wildest dreams, and people who aren't successful go and work for those who are?

I don't get the point of it. If you want 'financial equality', then you should probably look into communism. But then, Americans freak the fuck out whenever communism is mentioned, don't they?
When companies get governmentr contracts, accumilate wealth and use that money to manipulate the public elected officials so that they will continue to get these contracts and even more... that is not capitalism, that is bullying.
Do you know how did the great oligarchs of the Soviet Union came to be? They took from the government after the collapse of the great soviet union. The best buissness partner is the govenment, because the paper pushers, the engine behind the secretary of treasury... they are all hired, not elected, and they can be used.
Plus, the bailout plan in which the government gave money to the banks so that they won't go bankrupt is that anti-christ of Laizes Faire which all those americans that can't tell the difference between socialism and the soviet union admire.
 

Rule Britannia

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The whole occupy wall street is the dumbest shit.
"That guy has more money than me, it's not fair!" well he kinda worked for it.
"They are the ones that ruined the economy" well not really they may have started it but everybody contributed to it.
 

viranimus

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Versuvius said:
Well it's either live with the shitty unchanging status quo or do unbelieviably stupid things to try and get things moving to change. I can't condemn it, i might even be on their side and defend them. But what they are still doing is stupid, but stupid things (that arent the religious zealots/teaparty brands of stupidity) might work.
Yeap.. I guess it is possible. Jim Sterling thought something similar once.

http://www.escapistmagazine.com/videos/view/jimquisition/3799-Fight-in-the-Name-of-Childishness

Sadly I guess there is something to be said for the behaving childishly stupid to get what you want.
 

Kopikatsu

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SmashLovesTitanQuest said:
Police brutality that isnt actually happening?

LOL. Just laugh out fucking loud. You are a thousand times more delusional than the stupidest wall street protester, OP.
Because obviously police aren't allowed to defend themselves. If someone hits them, they should stand there and do nothing.

The moped thing was staged. (And he wasn't a protestor. He was a legal observer)

The two women who were pepper sprayed...don't know the story behind that, but it's fucking pepper spray. You're fine after like half an hour.You get over it.

Call me when the police start firing live rounds into groups of protestors. Then we'll talk.
 

DarkRyter

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You guys need to stop worrying about the economy and start worrying about Winter.

You won't be crying about banks when the whitewalkers storm the cities.
 

Kopikatsu

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TheIronRuler said:
Kopikatsu said:
Tanakh said:
Wow OP, did you read the link? If so, and unless you have more than $20 grand in the bank they are just trying to help pass regulation on banks and prevent them from charging you $3-5 bucks (per month? per transaction? the wording isn't clear).

And not to worry OP, see the wealth distribution? If the current social science numbers are right and assuming this guys are at or below the average wealth for an American they have sooo little money (http://www.politifact.com/truth-o-meter/statements/2010/dec/10/bernie-s/bernie-sanders-viral-speech-says-top-1-percent-ear/) the banks literally don't give a crap about them as clients and only have them to charge the transactions with micro payments.
I did read the link, I use a debit card, and my Wells Fargo account happens to have less than $20k in it. Am I upset about it? Sure. Am I willing to potentially crash the economy over it? Fuck no. That's such an extreme overreaction that I don't even know how to respond to it.

I'm not really sure why people complain about the wealth distribution. Wasn't the point of capitalism for people who are successful to become fabulously wealthy beyond their wildest dreams, and people who aren't successful go and work for those who are?

I don't get the point of it. If you want 'financial equality', then you should probably look into communism. But then, Americans freak the fuck out whenever communism is mentioned, don't they?
When companies get governmentr contracts, accumilate wealth and use that money to manipulate the public elected officials so that they will continue to get these contracts and even more... that is not capitalism, that is bullying.
Do you know how did the great oligarchs of the Soviet Union came to be? They took from the government after the collapse of the great soviet union. The best buissness partner is the govenment, because the paper pushers, the engine behind the secretary of treasury... they are all hired, not elected, and they can be used.
Plus, the bailout plan in which the government gave money to the banks so that they won't go bankrupt is that anti-christ of Laizes Faire which all those americans that can't tell the difference between socialism and the soviet union admire.
Then that's the fault of the people electing people who can be bought, isn't it? And don't say everyone has a price, because some people actually are incorruptible. Sure, they're rare, but they exist.

Anyway- America has been socialist since the 1860's. Why? Well, Capitalism fucked up. Four major business leaders (I can only remember the name of Andrew Carnegie) had amassed such spectacular wealth that they could do anything they want. Anyone who tried to stop them was either bought off or disappeared. Eventually, regulations were put in place to reign them in, but they were largely ineffective and America was effectively a Plutocracy for that generation.

Then when they died off, the regulations gained power and actually started to limit what businesses could do, where the money went, etc etc. Basically socialism, as far am I'm concerned. So yeah.

Edit: My point is, things were SO MUCH WORSE back 'in the day' when there was no government regulation of business.
 

TheIronRuler

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Kopikatsu said:
SmashLovesTitanQuest said:
Police brutality that isnt actually happening?

LOL. Just laugh out fucking loud. You are a thousand times more delusional than the stupidest wall street protester, OP.
Because obviously police aren't allowed to defend themselves. If someone hits them, they should stand there and do nothing.

The moped thing was staged. (And he wasn't a protestor. He was a legal observer)

The two women who were pepper sprayed...don't know the story behind that, but it's fucking pepper spray. You're fine after like half an hour.You get over it.

Call me when the police start firing live rounds into groups of protestors. Then we'll talk.
You get over it.
The Pain. The Humiliantion, The fact that the people that are supposed to protect you hurt you.
Stop being a prick and realize that physical harm is not something to be taken lighly.
A woman sued McDonalds for a hot coffe mug. And you disregard pepper spray?
 

Kopikatsu

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ravenshrike said:
Genuine Evil said:
Im not going to pretend to understand economics (because I don?t ) but from what ive seen police brutality is happening. so if you lie about that why should I believe anything else you say?

also yes a large scale withdraw is a bad, bad idea .
The only piece of police brutality that wasn't staged or deserved are the girls getting pepper sprayed by the asshat. Everything else has been staged or was deserved.
If you think the cases are staged please give me examples and proof[/quote]

It would take too long to explain here. Go into those threads detailing the acts of 'brutality' and read the first five or so pages.
 

Tanakh

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Kopikatsu said:
I did read the link, I use a debit card, and my Wells Fargo account happens to have less than $20k in it. Am I upset about it? Sure. Am I willing to potentially crash the economy over it? Fuck no. That's such an extreme overreaction that I don't even know how to respond to it.

I'm not really sure why people complain about the wealth distribution. Wasn't the point of capitalism for people who are successful to become fabulously wealthy beyond their wildest dreams, and people who aren't successful go and work for those who are?

I don't get the point of it. If you want 'financial equality', then you should probably look into communism. But then, Americans freak the fuck out whenever communism is mentioned, don't they?
So you rather write against the protesters that might dent the economy, instead of against the banks and financial institutions that have periodically f$%@ed the economy in the bottom for decades now?

No, it wasn't. But even then, you do know that in current economics the corporations make money (raise their stocks) by firing people? Right now there is no need for the bottom 50% of your population from a corporation PoV. And making money by doing work? Mate, that is sooo past century, go and see the list of the companies with most revenue, you will find that besides oil and gas, almost all of them do nothing (financial services) or close to nothing (retailing like walmart). Right now it's faster, easier and more profitable to just do nothing and be the middle man or a service provider, or just don't give a crap and embezzle trough legal loopholes.

No, they don't. Look at Ron Paul, he is practically an anarchist and his ideas are heard, even if his person is shunned off, because he uses a different word like libertarian. Americans (people in general) know shit about politics and finance, you can sell them communist ideas with ease as long as you name it "new American deal for freedom" or something akin.
 

Esotera

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Considering the amount they're complaining about how in debt they are, I doubt it'll make much a difference to the banks, especially with only ~40,000 participating. It's still a really bad idea, hopefully it won't catch on.
 

orangeban

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While I won't pretend to understand the economics behind all this, I will say that the Occupy protests are very interesting.

To me it seems like people are upset. And rightfully so, the economy is screwed and from the looks of it the (for this case, American) government really isn't helping them that much, instead aiding banks and corporations.

However, the problem with the protests seems to be that they aren't sure what to do about it. So they're just lashing out in general.
 

Kopikatsu

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TheIronRuler said:
Kopikatsu said:
SmashLovesTitanQuest said:
Police brutality that isnt actually happening?

LOL. Just laugh out fucking loud. You are a thousand times more delusional than the stupidest wall street protester, OP.
Because obviously police aren't allowed to defend themselves. If someone hits them, they should stand there and do nothing.

The moped thing was staged. (And he wasn't a protestor. He was a legal observer)

The two women who were pepper sprayed...don't know the story behind that, but it's fucking pepper spray. You're fine after like half an hour.You get over it.

Call me when the police start firing live rounds into groups of protestors. Then we'll talk.
You get over it.
The Pain. The Humiliantion, The fact that the people that are supposed to protect you hurt you.
Stop being a prick and realize that physical harm is not something to be taken lighly.
A woman sued McDonalds for a hot coffe mug. And you disregard pepper spray?
Police are there to protect society as a whole, not individuals.

Not really sure why you brought up the McDonalds woman when I don't know ANYONE who doesn't think the case was fuckin' ridiculous. You order hot coffee, you get hot coffee. If you spill it on yourself, it's your own goddamn fault and you should take responsibility for that. It's not like a McDonalds employee ran out and dumped the coffee on her. Anyway...

Yes, I disregard pepper spray. I've been sprayed by it before, and yes, it stung really fucking bad (It's like if you went to a beach with shorts on a very windy day in your eyes), but it didn't cause any permanent damage. It's something you GET OVER.
 

FFHAuthor

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JCBFGD said:
Ah, yes, because a group of imbeciles completely represents tens of thousands of people, right?

Try again. Without the lies, if you would.
According to said group of imbeciles, they do.
 

TheIronRuler

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Mar 18, 2011
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Kopikatsu said:
TheIronRuler said:
Kopikatsu said:
Tanakh said:
Wow OP, did you read the link? If so, and unless you have more than $20 grand in the bank they are just trying to help pass regulation on banks and prevent them from charging you $3-5 bucks (per month? per transaction? the wording isn't clear).

And not to worry OP, see the wealth distribution? If the current social science numbers are right and assuming this guys are at or below the average wealth for an American they have sooo little money (http://www.politifact.com/truth-o-meter/statements/2010/dec/10/bernie-s/bernie-sanders-viral-speech-says-top-1-percent-ear/) the banks literally don't give a crap about them as clients and only have them to charge the transactions with micro payments.
I did read the link, I use a debit card, and my Wells Fargo account happens to have less than $20k in it. Am I upset about it? Sure. Am I willing to potentially crash the economy over it? Fuck no. That's such an extreme overreaction that I don't even know how to respond to it.

I'm not really sure why people complain about the wealth distribution. Wasn't the point of capitalism for people who are successful to become fabulously wealthy beyond their wildest dreams, and people who aren't successful go and work for those who are?

I don't get the point of it. If you want 'financial equality', then you should probably look into communism. But then, Americans freak the fuck out whenever communism is mentioned, don't they?
When companies get governmentr contracts, accumilate wealth and use that money to manipulate the public elected officials so that they will continue to get these contracts and even more... that is not capitalism, that is bullying.
Do you know how did the great oligarchs of the Soviet Union came to be? They took from the government after the collapse of the great soviet union. The best buissness partner is the govenment, because the paper pushers, the engine behind the secretary of treasury... they are all hired, not elected, and they can be used.
Plus, the bailout plan in which the government gave money to the banks so that they won't go bankrupt is that anti-christ of Laizes Faire which all those americans that can't tell the difference between socialism and the soviet union admire.
Then that's the fault of the people electing people who can be bought, isn't it? And don't say everyone has a price, because some people actually are incorruptible. Sure, they're rare, but they exist.

Anyway- America has been socialist since the 1860's. Why? Well, Capitalism fucked up. Four major business leaders (I can only remember the name of Andrew Carnegie) had amassed such spectacular wealth that they could do anything they want. Anyone who tried to stop them was either bought off or disappeared. Eventually, regulations were put in place to reign them in, but they were largely ineffective and America was effectively a Plutocracy for that generation.

Then when they died off, the regulations gained power and actually started to limit what businesses could do, where the money went, etc etc. Basically socialism, as far am I'm concerned. So yeah.

Edit: My point is, things were SO MUCH WORSE back 'in the day' when there was no government regulation of business.
You don't know whether they are bought or not.
They never tell you - they aren't obliged to tell you who donated to their campaign.
Don't do that. You know that most of the population are politically acyive only once every four years when you need to choose which party you want to support. Look at the various political campaign ads... It's not describing what the candidate supports but how the other candidate will destroy america.
.
In recent decades various individuals that have detached themselves from the corporate sector and went to the public sector have demolished regulations that restrict private companies. They are sent in like thieves in the night, and when they're done they return to the public sector.
The intervention of the government in the affairs of the free market is not socialism. Stop calling it that way. Only Singapore have a truely free market, an atmosphere of Laizes Faire, other countries have Interventionalism - there is a free market but when a company bullies its way to the position of a monopoly, there must be regulations to stop them. They don't achieve this status because they work hard but because they push the boundaries of what is legal.