#OccupyWallstreet

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bfdd

Lifer
Feb 3, 2007
13,312
1
0
The movement should have been Occupy Manufacturing and these guys should have just taken over abandoned manufacturing facilities and the such. Just take it over and start doing whatever, fix it up, make something or at least show that you're willing to do something other than bitch in places that don't really matter.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
That's some Wall Street accounting if you believe that Bush part of TARP has been paid back. Bush bailed out AIG. That funneled hundreds of billions to save the banks from what would have been enormous counter-party losses on bets insured by AIG. That money has not been paid back.

TARP has not been paid back. Bad assets were purchased by the FED AIG alone still owes over 50Billion.

http://www.treasury.gov/initiatives...sh Summary/Daily TARP Update - 10.04.2011.pdf

The rest of the bad assets banks are allowed to lie about to avoid bankruptcy. Nothing was fixed just papered over.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Did you happen to see that little word between "Obama" and "TARP" in Spidey's post you quoted...don't be such a blithering idiot. But just in case it's too difficult...I'll bold it for you.


He never insinuated that Obama was solely responsible for TARP. If anyone has a problem with basic English comprehension skills...it's you.

The fact of the matter is that Obama played a significant role with TARP and, in my opinion, Spidey asked a very legitimate question.

Oh, please. In Spidey's world, it's all Obama's fault. Everything.

TARP was a done deal- signed, sealed, & delivered before Obama even won the election, let alone entered the Whitehouse. He couldn't have stopped it if he'd wanted to do so. The best he could accomplish was to follow through.

The only other viable alternative in 2008, other than collapse, was nationalization, and that sure as Hell wasn't happening with Bush in the Whitehouse.
 

cubby1223

Lifer
May 24, 2004
13,518
42
86
The movement should have been Occupy Manufacturing and these guys should have just taken over abandoned manufacturing facilities and the such. Just take it over and start doing whatever, fix it up, make something or at least show that you're willing to do something other than bitch in places that don't really matter.

But but but, all work in America is of sole benefit to the 1%ers. If the OWS crowd actually did something productive with their lives, they would be hypocrites. You don't want them to be hypocrites, do you?
 

cubby1223

Lifer
May 24, 2004
13,518
42
86
Oh, please. In Spidey's world, it's all Obama's fault. Everything.

That's what the 1%ers do, they manipulate you into believing a false view of the world, so you spend all your time bitching and moaning on internet forums and wandering aimlessly on the streets of cities, instead of actually buckling down and earning a living!

You show him who's boss!
 

hal2kilo

Lifer
Feb 24, 2009
24,257
10,917
136
That's what the 1%ers do, they manipulate you into believing a false view of the world, so you spend all your time bitching and moaning on internet forums and wandering aimlessly on the streets of cities, instead of actually buckling down and earning a living!

You show him who's boss!

Nice twist on reality. I see you are taking that ride. Talk about advocating against your own best interests.
 

highland145

Lifer
Oct 12, 2009
43,970
6,316
136
TARP has not been paid back. Bad assets were purchased by the FED AIG alone still owes over 50Billion.

http://www.treasury.gov/initiatives...sh Summary/Daily TARP Update - 10.04.2011.pdf

The rest of the bad assets banks are allowed to lie about to avoid bankruptcy. Nothing was fixed just papered over.
Looks like we made $$ on the bank program.

The credit market program looks like a charge off of assets (?). Won't get that back.

AIG, 22% payback so far. Pretty good for 2 years, imo. 100%+ interest would be nice.

GM is going to be a loss unless the remaining stocks do better.

Anyone know about chrysler/ally? Was the current payback from stock sales and that's all we are getting?

Is the treasury housing $45B down a rabbit hole? There's no data.

The rest of the bad assets banks are allowed to lie about to avoid bankruptcy.
Examples/links? Not sure what that means.
 

Ninjahedge

Diamond Member
Mar 2, 2005
4,149
1
91
The only problem I had with the bailouts was the requirement for repayment missing in a lot of them....

I forget which ones, but there were several that did not hold the receiving corporation responsible for repayment, or (god forbid) repayment with interest....
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
As I suspected the only people being affected today is those who work around Wall Street. Wall Street/NYSE are still operating business as usual.

I have a feeling today's protest will backfire on OWS and turn more people against them/the movement.
 

Ninjahedge

Diamond Member
Mar 2, 2005
4,149
1
91
Not really London.

AAMOF, many sites warn to not interfere with things like normal rush-hour transit.

they are trying to focus their efforts on the financial industry (as many have pointed out, making the commute home difficult is a no-win for their cause....)
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Not really London.

AAMOF, many sites warn to not interfere with things like normal rush-hour transit.

they are trying to focus their efforts on the financial industry (as many have pointed out, making the commute home difficult is a no-win for their cause....)

Looks like some people didn't get the memo.

Locking arms with others to stop one man from getting through the crowds, Nisse Greenberg, 25, said he didn't care that he was stopping people from getting to their jobs. "This society is stopping a lot of people from going to work. It's OK that we're stopping people one day," said Greenberg, who works as a barista and a math tutor.

http://latimesblogs.latimes.com/nat...rs-scuffle-with-cops-wall-street-workers.html
 

palehorse

Lifer
Dec 21, 2005
11,521
0
76
I'm sure the guy they were blocking is a .1%er who prefers walking to work rather than using stretch limos and helicopters, so those who locked arms to annoy him can go home to their parents' basements tonight knowing that they've really made a difference.

I'm also sure that this was, of course, an "isolated incident"...

/rolleyes
 

Ns1

No Lifer
Jun 17, 2001
55,418
1,599
126
pieces of shit at occupyLA bringing tents and shit right into the middle of the streets of DTLA during prime rush hour AND before people are supposed to get to work

inconsiderate pricks.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76

bfdd

Lifer
Feb 3, 2007
13,312
1
0
pieces of shit at occupyLA bringing tents and shit right into the middle of the streets of DTLA during prime rush hour AND before people are supposed to get to work

inconsiderate pricks.

It's like they think if they piss enough people off, their cause will get bigger instead of the average joe just having enough of it and putting their foot down.

BTW the OWS march today to shut down the financial district is a failure. trading went on as usual, no one was disrupted in Wall Street, 60 OWS protesters/marchers arrested. Idiots let the cops get in their way, lols. That's not how you shut things down. If you want to shut things down, you really shut them down, not pussy foot around because you're afraid of the police state.
 

Sinsear

Diamond Member
Jan 13, 2007
6,439
80
91
If anything, the nypd guys should be able to put some extra presents under the tree at christmas. They're making a killing in overtime thanks to the ows folks.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Looks like OWS is gaining more support.

Taxi driver Mike Tupea, a Romanian immigrant, said his car had been stuck amid the protesters for 40 minutes.
"I have to make a living. I pay $100 for 12 hours for this cab. I am losing money every minute,'" he said. "I have all my sympathies for this movement but let me do my living, let working people make a living."
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
How to win friends and influence people

Nathan Storey, 29, was one of the protesters there. He was telling a couple of Wall Street workers that the sidewalks were occupied and that they had to turn around and be escorted by police if they wanted to get through

One of the workers looked at him and said, "I'm not part of the 1 percent."
 
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