#OccupyWallstreet

[Londo_Jowo]

Just how many signs do you see against Republicans out there? OWS is, as the name subtly hints at, about Wall Street first and foremost. It isn't about Congress or the White House directly because they are puppets to Wall Street. The source of the problem is Wall Street, government is only a symptom. Voting in or out a party does nothing to change the problem because they aren't the problem. They are the symptom.

Protesting Obama, or Bush or whoever would be missing the point. It isn't shocking then that you would suggest just that.

How many of the 1% actually live in NYC and work on Wall Street?

How exactly are these protests affecting the 1%?

 

[Doc Savage Fan]

Right, so you are agreeing with us.

I agree that Bush signed the bill if that's what you're saying. My point was that Obama also had a direct hand in approving the other half of the TARP funds as well as a direct role in the extremely poor administration of TARP funds.

 

[fskimospy]

How many of the 1% actually live in NYC and work on Wall Street?

How exactly are these protests affecting the 1%?

There are probably a higher proportion of these 1% in NYC, and specifically Wall St. than any other single location in the entire country.

 

[fskimospy]

I agree that Bush signed the bill if that's what you're saying. My point was that Obama also had a direct hand in approving the other half of the TARP funds a direct role in the extremely poor administration of TARP funds.

Right. Spidey complained that Obama was the one that administered TARP. The only thing anyone else said was 'hey, Bush had a big hand in it too'.

 

[HendrixFan]

How many of the 1% actually live in NYC and work on Wall Street?

How exactly are these protests affecting the 1%?

Awareness and raising the issue in public discourse. Symbolism is huge in generating awareness.

 

[Macamus Prime]

How many of the 1% actually live in NYC and work on Wall Street?

How exactly are these protests affecting the 1%?

The 1% is not affected by this. At all.

Wall Street is just a symbol.

The OWS protestors should have just placed a $1 bill on their coffee tables and stared at it with this face,..

}:-(

Maybe throw in a ",...grrrr" every now and then.

This entire event is so stupid and awful. No one cares. The very people who are being protested don't care.

Cops are getting OT (who have worked without a contract for many years). The media gets to send "field" reporters out. And mayor Mike gets to swing his cock around.

The main "friction" is between the actual protestors and the people who don't like them. Which by the way, the protestors don't even know or care about these forums.

So, what is anyone even accomplishing?

 

[monovillage]

I'm curious about how this "day of action" is going to play out.

http://newyork.cbslocal.com/2011/11...ollowing-loss-of-camp-in-zuccotti-park/03quh/

The actions of several mayors across the country evicting the illegal squatters from their camps has knocked the ball into the #Occupy court. #Occupy has shown itself to be a political protest movement that has no particular problem breaking the law (well proven and documented) and occasionally, but not frequently violent (also well proven and documented). The choice is up to them whether they try harder to be legal in their political protests and curb their violence or escalate their lawbreaking and violence and earn the status of domestic terrorists. What happens on Thursday should be a good indication on where they are going with the #Occupy protests.

 

[Macamus Prime]

There are probably a higher proportion of these 1% in NYC, and specifically Wall St. than any other single location in the entire country.

Most Wall St powerplayers (1%) live on the upper east side, Connecticut, New Jersey or Long Island.

And, I doubt they stop and listen to the noise outside their office. Or, their work HQ is at Wall Street, but they probably work remotely from an office elsewhere or from home.

Stamford CT has the largest trading floors in the world, bigger than Wall Street - how many protestors are at Stamford CT??

http://www.securitiestechnologymoni...d-largest-trading-floor-stamford-28150-1.html

 

[Doc Savage Fan]

Right. Spidey complained that Obama was the one that administered TARP. The only thing anyone else said was 'hey, Bush had a big hand in it too'.

Agree...both Bush and Obama directly share responsibility for TARP funds as well as culpability in the poor administration of these funds. However, I will say, Obama did in fact have the bulk of the administration responsibilites.

 

[bfdd]

Agree...both Bush and Obama directly share responsibility for TARP funds as well as culpability in the poor administration of these funds. However, I will say, Obama did in fact have the bulk of the administration responsibilites.

True, but without Bush "starting it" the snow ball might have been easier to stop. Who knows, it was silly no one should have received a bail out.

 

[Doc Savage Fan]

Did Obama admin TARP? Yes. Why aren't the protesters focusing their anger on this president?

Because this entire thing is to take blame off the president and attempt to focus it on the bourgeois. Useful idiots, all of them.

Sweetie, I know you're immune to facts, but it was GW Bush who signed TARP. You may now ignore this and continue your insane ranting.

How about you learn to read you stupid ass? It was Spidey who tried to blame TARP on Obama. I just pointed out he was wrong. I said absolutely nothing whatsoever suggesting it was all Bush's fault. That's just your pugnacious compulsion to wade in and attack whenever you can.

Now if you had an ounce of integrity you'd apologize for your misdirected attack. I won't hold my breath.

How about you learn to read you stupid ass? He was talking about administration of TARP...not who signed it into law.

Now if you had an ounce of integrity you'd apologize for your misdirected attack. I won't hold my breath.

 

[fskimospy]

Most Wall St powerplayers (1%) live on the upper east side, Connecticut, New Jersey or Long Island.

And, I doubt they stop and listen to the noise outside their office. Or, their work HQ is at Wall Street, but they probably work remotely from an office elsewhere or from home.

Stamford CT has the largest trading floors in the world, bigger than Wall Street - how many protestors are at Stamford CT??

http://www.securitiestechnologymoni...d-largest-trading-floor-stamford-28150-1.html

They might live on Park Ave. or the UES, but they work on Wall St and they are most directly associated with Wall St. Since the purpose of a protest is to attract attention to an issue, Occupy Wall St. gets that point across perfectly. 'Occupy the UES' does not.

While Stamford has perhaps the largest trading floor, there are far more investment bankers in NYC than there are in CT. If you had to choose a protest location, it's a no brainer. Also, traders at the bank I'm familiar with (Deutsche), do in fact go in to work every day or nearly every day.

 

[fskimospy]

Agree...both Bush and Obama directly share responsibility for TARP funds as well as culpability in the poor administration of these funds. However, I will say, Obama did in fact have the bulk of the administration responsibilites.

It depends on what you mean by administration. Presumably you mean the administration of public funding disbursements? In that case both administrations had an equal level of responsibility.

 

[Londo_Jowo]

They might live on Park Ave. or the UES, but they work on Wall St and they are most directly associated with Wall St. Since the purpose of a protest is to attract attention to an issue, Occupy Wall St. gets that point across perfectly. 'Occupy the UES' does not.

Other than what I read in here and select online articles, I wouldn't know the movement exists. I find it hard to believe the few 1%ers who actually work on Wall Street notice the protests.

 

[Doc Savage Fan]

It depends on what you mean by administration. Presumably you mean the administration of public funding disbursements? In that case both administrations had an equal level of responsibility.

I mean admistration of all TARP funds.

As of mid-March 2011, Bush committed $264B of the TARP funds of which $231B has been returned. On the other hand, Obama committed $150B and only $13B has been returned.

Please tell me, which one was better at administering TARP?

 

[fskimospy]

I mean admistration of all TARP funds.

As of mid-March 2011, Bush committed $264B of the TARP funds of which $231B has been returned. On the other hand, Obama committed $150B and only $13B has been returned.

Please tell me, which one was better at administering TARP?

You just said that Obama had the bulk of administration responsibilities, and then told me that Bush dispensed about 70% more money? How do these two ideas work together?

The purpose of TARP was to prop up the banking sector, not to make money. I have no idea which disbursement of cash has been more effective at stabilizing the economy, although the funds put out during Bush's time were likely more urgently needed.

You're trying to morph this argument into something totally different, and I'm really not interested.

 

[fskimospy]

Other than what I read in here and select online articles, I wouldn't know the movement exists. I find it hard to believe the few 1%ers who actually work on Wall Street notice the protests.

Well you'd be wrong. They absolutely notice them, in fact it's a big topic of conversation there on a fairly regular basis. I have a good friend who works in risk management over at Deutsche, and while she is not a trader herself she interacts with them constantly.

They are quite well aware of what is going on.

 

[Doc Savage Fan]

You just said that Obama had the bulk of administration responsibilities, and then told me that Bush dispensed about 70% more money? How do these two ideas work together?

Bush was only around 3 months after TARP was signed into law....Obama's been responsible for administration for nearly 3 years. Is it really that difficult for you to understand why someone would say the bulk of the administration fell to Obama?

 

[Londo_Jowo]

So the average workers notices the protests. We already know that the workers in the area have been affected but I haven't seen one article or news report that shows a CEO has been affected.

 

[Ninjahedge]

Touchie.

FTFY.

 

[fskimospy]

Bush was only around 3 months after TARP was signed into law....Obama's been responsible for administration for nearly 3 years. Is it really that difficult for you to understand why someone would say the bulk of the administration fell to Obama?

So wait then, you stated earlier that the banks bailed out by Bush had largely repaid their loans, showing that he was a better administrator. The majority of those loan repayments (if not all?) took place while Obama was administering the program however. So are you then saying that Obama shares the credit for the repayment of the loans? Wait, let me guess. Bush gets credit for the good parts that took place during Obama's tenure and Obama gets credit for the bad parts.

Furthermore, what exact legal and regulatory actions do you believe Obama should have undertaken to more effectively administer TARP, and what part of the regulatory framework for the deal was passed under Obama that you disagree with?

 

[Ninjahedge]

DSF, so if Bush dispensed 70% more of the funding over Obama, and he was only at it 3 months compared to Obama's 3 years......


I am confused here. What was your POINT?



BTW, word on the street, "Homeland Security" had a hand in planning the dispersments of the protest sites.....

http://wonkette.com/tag/pt-homeland-is-what-the-nazis-called-it-too/

 

[fskimospy]

So the average workers notices the protests. We already know that the workers in the area have been affected but I haven't seen one article or news report that shows a CEO has been affected.

Traders are not 'average workers'. Why on earth do you think any Wall Street CEO would comment on such a thing even if it were true?

You said they were unaffected, and I'm telling you that from the mouths of people I know personally this is not correct.

 

[Macamus Prime]

They might live on Park Ave. or the UES, but they work on Wall St and they are most directly associated with Wall St. Since the purpose of a protest is to attract attention to an issue, Occupy Wall St. gets that point across perfectly. 'Occupy the UES' does not.

While Stamford has perhaps the largest trading floor, there are far more investment bankers in NYC than there are in CT. If you had to choose a protest location, it's a no brainer. Also, traders at the bank I'm familiar with (Deutsche), do in fact go in to work every day or nearly every day.

I agree with you.

However, the only people who are "riled-up" by all this activity are the protestors themselves and most of the members on these forums.

Some members are even wishing people die over this activity - which is down right terrible and disgusting.

The bankers - they do not care. They gave a glance at it and then went into their offices to continue doing the very things the protestors are screaming about.

 

[Ninjahedge]

MP, they actually did care.

it made their trip to StarFucks that much longer while waiting in line for their Double Half Caf Latte Espresso.