Thread: Occupy Wall Street

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yea^^^only a few VS the others

Originally Posted by Big Pimpin

I'd be curious to see what many of those charts looked like if the black population wasn't included in their results.

When young black male unemployment is around 45% and 9 of 10 blacks will eat from food stamps before they turn 18, there's no doubt the socioeconomic woes of the relatively small black community are skewing the overall results down.

and blacks only account for 12% of the US population...so better find another scapegoat because the math just isn't there..oh that's right you suck at math!

Originally Posted by LAM

and blacks only account for 12% of the US population...so better find another scapegoat because the math just isn't there..oh that's right you suck at math!

i believe his argument should be the total minority population (both legal and illegal that get benefits) is greater.......that's why i only root for the straight white male population.....it's time we take this country back from the less fortunate leeches

Originally Posted by irish_2003

i believe his argument should be the total minority population (both legal and illegal that get benefits) is greater.......that's why i only root for the straight white male population.....it's time we take this country back from the less fortunate leeches

I can not tell you how comforting it is to know that you don't have any children because you are about a box of rocks and more stupid people the US does not need.

2011 Federal Spending on welfare is about 480B, total corporate welfare is 1T annually.

minorities in the US make up a sizable portion of the lower income quintile and they are the ones that have seen wages eroded the most over the past 30 years. once adjusted for inflation the federal minimum wage in 2011 is lower than it was in 1979. Today, the minimum wage is 37% of the average hourly wage of American workers, well below the ratio of the 1950s, 1960s, and 1970s. this topic is continually addressed in the ILO Global Wage Reports as the US has the largest percentage of low paid workers in the OECD at 25% of the labor force.

* Characteristics of workers affected by minimum wage increase:

Directly Affected* Indirectly Affected* Total Affected *Total workforce
White, 61% 61% 61% 69%
Black, 17% 16% 16% 11%
Hispanic 18% 18% 18% 14%
Asian, 2% 2% 2% 4%

Hundreds of Economists Say: Raise the Minimum Wage
http://www.epi.org/page/-/pdf/epi_minimum_wage_2006.pdf

http://www.epi.org/page/-/old/issueg...ssue_guide.pdf

the best way to decrease poverty is to stop paying people poverty wages...

This whole occupy wallstreet was a bunch of drug addict, shitheads who didnt even know what they stood for. The wealthy earned their money, so fucking cry about it.

Originally Posted by btex34n88

This whole occupy wallstreet was a bunch of drug addict, shitheads who didnt even know what they stood for. The wealthy earned their money, so fucking cry about it.

You make 2 points.

1. OWS does include (IMO) some of the people you mention. But they are not 100% of the movement.

2. I do not think this is about the "wealthy," although there may be some in the OWS movement that are focusing on the wealthy.

I thinking the corruption, Banking fraud, Credit Default Swaps, and bailouts and the declining middle class are are a part of this.

I don't think OWS and others are about the "who" but the what "is happening."

The question again is, does this have legs.

Even the most foolishly optimistic Americans now realize that the US standard of living in declining and will do so for the next couple of decades at least.

Originally Posted by btex34n88

The wealthy earned their money, so fucking cry about it.

the wealthy employ lobbyists that get politicians to propose legislation that manipulates the markets to increase their profits, this is not a natural function of capitalism.

nobody in the finance industry earns money, they use other peoples in the forms of bank deposits, stock share and bond purchasers to loan monies out to borrowers 15x over. one of the fundamental requirements to grow a large financial sector is that it requires massive amounts of public debt at the individual level all the way up to the fed gov. banking collapses that have occurred in various country's all over the world in recent past decades are 100% attributable to bank deregulation, corporate governance and greed in those respective country's. this is what all the empirical data shows, there is none that shows otherwise.

Originally Posted by LAM

the wealthy employ lobbyists that get politicians to propose legislation that manipulates the markets to increase their profits, this is not a natural function of capitalism.

nobody in the finance industry earns money, they use other peoples in the forms of bank deposits, stock share and bond purchasers to loan monies out to borrowers 15x over. one of the fundamental requirements to grow a large financial sector is that it requires massive amounts of public debt at the individual level all the way up to the fed gov. banking collapses that have occurred in various country's all over the world in recent past decades are 100% attributable to bank deregulation, corporate governance and greed in those respective country's. this is what all the empirical data shows, there is none that shows otherwise.

I agree with you, but its the companies not the individuals. Make an ass load of money and when you file your tax return you'll want to murder everyone. Trust me though i understand where your coming from and i personally think our government is so GD corrupt its rediculous, but the people i saw protesting looked like garbage drug addicts, something i have a hard time standing behind.

Originally Posted by btex34n88

I agree with you, but its the companies not the individuals. Make an ass load of money and when you file your tax return you'll want to murder everyone. Trust me though i understand where your coming from and i personally think our government is so GD corrupt its rediculous, but the people i saw protesting looked like garbage drug addicts, something i have a hard time standing behind.

It all depends on how you made that money... Your capital gains on investments is only taxed @17%

Originally Posted by anxious1

It all depends on how you made that money... Your capital gains on investments is only taxed @17%

Yes but as a private business owner my social security not only gets taken out through salary, but also based on the amount i have in revenue within my company. Its close to 40% so...$100,000, they take close to $40k away, its a lovely feeling

Originally Posted by LAM

the wealthy employ lobbyists that get politicians to propose legislation that manipulates the markets to increase their profits, this is not a natural function of capitalism.

nobody in the finance industry earns money, they use other peoples in the forms of bank deposits, stock share and bond purchasers to loan monies out to borrowers 15x over. one of the fundamental requirements to grow a large financial sector is that it requires massive amounts of public debt at the individual level all the way up to the fed gov. banking collapses that have occurred in various country's all over the world in recent past decades are 100% attributable to bank deregulation, corporate governance and greed in those respective country's. this is what all the empirical data shows, there is none that shows otherwise.

True. Some common sense regulation could have prevented all of this mess. Fir instance, banks in Canada are some of the most solid in the world. But, do you think 1% of the "1 percenters" at OWS have the slightest clue about how this system works? I'd say 99% of the participants, those who have the time to spend 24/7 camping out in tents, are just in it for the excitement. It's their own version of Woodstock. In fairness, at least the teabagggers have a clear message, they clean up at the end of their rallies, AND actually go to work the next day (or continue looking for work).

here is a good example of just how US large firms have managed to record record profits while large firms in other large OECD countries are reported huge losses...


www.dghm.com/published/market/0909.pdf

Originally Posted by btex34n88

Yes but as a private business owner my social security not only gets taken out through salary, but also based on the amount i have in revenue within my company. Its close to 40% so...$100,000, they take close to $40k away, its a lovely feeling

That's because the GOP and politicians in general don't love you. Rather than giving people like you a tax cut they give it to the biggest corporations. You don't donate enough to politicians to make it worth their time to listen to your needs.

Originally Posted by LAM

the wealthy employ lobbyists that get politicians to propose legislation that manipulates the markets to increase their profits, this is not a natural function of capitalism.

nobody in the finance industry earns money, they use other peoples in the forms of bank deposits, stock share and bond purchasers to loan monies out to borrowers 15x over. one of the fundamental requirements to grow a large financial sector is that it requires massive amounts of public debt at the individual level all the way up to the fed gov. banking collapses that have occurred in various country's all over the world in recent past decades are 100% attributable to bank deregulation, corporate governance and greed in those respective country's. this is what all the empirical data shows, there is none that shows otherwise.

So explain to us why Obama and his Democrats up on the hill didn't fix this in 2009 and 2010 when they had an overwhelming majority. After all, Democrats are for the little people, the poor people and the middle class right?

Originally Posted by Big Pimpin

So explain to us why Obama and his Democrats up on the hill didn't fix this in 2009 and 2010 when they had an overwhelming majority. After all, Democrats are for the little people, the poor people and the middle class right?

It's because ALL of them are in the pocket of big business. Both sides.

Originally Posted by Zaphod

It's because ALL of them are in the pocket of big business. Both sides.

This.


Listen people, we need to stop bringing up trivial matters like
"party lines".

We are all in this together.



United we stand, divided we fall.

Originally Posted by Zaphod

It's because ALL of them are in the pocket of big business. Both sides.

A man of wisdom.

I wonder how many members of IM belong to the top one percent. They have been tirelessly defending those one percent.

These guys are a bunch of losers, nothing but whine.

Originally Posted by Chubby

I wonder how many members of IM belong to the top one percent. They have been tirelessly defending those one percent.

If you're in the '99%' you should take part in the self serving alliance right?

Originally Posted by Chubby

I wonder how many members of IM belong to the top one percent. They have been tirelessly defending those one percent.

Because these members haven't been defending an aimless group of people, many of which are being paid to protest, who also shit in the park when they aren't shitting on police cars?

What message(s) have these Occupy folks brought to our attention that we didn't already know? Wall St, the banks and the mega-corporations are both greedy and wealthy? That's a shocker.

Let me let you in on a little secret, the banks, investment banks, Wall St and the mega-corporations do what they do because Congress and the POTUS provide them with the means to do so.

These Occupy people would have impressed me if they had the smarts to protest in DC vs some park for gays in ATL. Of course if your so called movement is funded by socialist organizations and based on socialist ideals, I guess it doesn't make sense to protest the hand that ultimately feeds socialism which is obviously the government.

Originally Posted by Big Pimpin

Because these members haven't been defending an aimless group of people, many of which are being paid to protest, who also shit in the park when they aren't shitting on police cars?

What message(s) have these Occupy folks brought to our attention that we didn't already know? Wall St, the banks and the mega-corporations are both greedy and wealthy? That's a shocker.

Let me let you in on a little secret, the banks, investment banks, Wall St and the mega-corporations do what they do because Congress and the POTUS provide them with the means to do so.

These Occupy people would have impressed me if they had the smarts to protest in DC vs some park for gays in ATL. Of course if your so called movement is funded by socialist organizations and based on socialist ideals, I guess it doesn't make sense to protest the hand that ultimately feeds socialism which is obviously the government.

i believe that's piedmont park area in ATL.....it's actually a really nice park....i didn't witness many gays there when i was there with my fiance though......

Originally Posted by irish_2003

i believe that's piedmont park area in ATL.....it's actually a really nice park....i didn't witness many gays there when i was there with my fiance though......

It depends on the time of day and the season.

The park itself is nice considering it's in midtown ATL....but did you see the green lake in the back of the park? Hard to believe anything can live in that mofo.

Originally Posted by Big Pimpin

Let me let you in on a little secret, the banks, investment banks, Wall St and the mega-corporations do what they do because Congress and the POTUS provide them with the means to do so.

actually it was the conservative supreme court in the 70's that allowed lobbying and private monies to infiltrate US politics. before that none of these problems existed in the US, this is all US history.

Originally Posted by LAM

actually it was the conservative supreme court in the 70's that allowed lobbying and private monies to infiltrate US politics. before that none of these problems existed in the US, this is all US history.

So are we back to this is all the Republican's fault or can the blame be shared between the two parties?