Occupy Wall Street... Screw That! Lets Occupy The Net!
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so, that's your entire response? So why ask me? Yes, indeed. Envy does play a part in this and you know it. Apparently you think that it is a big problem and you ask me what I would do to solve it. Sorry. I think I'm being honest in saying I have no idea how to solve it and number 2 I don't know that it can be solved. Of course, I'm not the president. I am not a god and I'm not king. Unfortunately, there is no 1 simple answer any question you have. What would you do? Remember that there will always be haves and have nots. How about it old buddy? What would you do to make the have nots happy with their a lot in life?
Or, better yet, what could we do to make you happy? Are you for or against the cap on wealth?
WSS
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Sorry. Another thing I don't know is why that posted 3 times. Oh well.
WSS
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Steve, you started out somewhat sensibly with questions about what the problems are and what about those problems government can solve, or as I would put it "address." Government doesn't solve too many problems. It addresses them. It takes the edges off problems. But then you came to the ridiculous conclusion that our only real problem is envy. And then you dared me to deny that envy exists. I mean, come on.
And then there's more of your monochromatic "haves vs. have nots" framework, which is useless here. And just about everywhere else. And then you'd like me to comment on what some idiot on the street said.
I just want you to realize that none of these topics is either relevant to the discussion. Or interesting.
But you are being honest in that you have no idea what the problems are, or how to solve them. My question is: then why do you then pretend to know what the problems are, and declare that they can't be addressed?
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Let's take one: did you ever get passed the notion that the financial crisis was caused by undeserving home owners getting loans through the Community Reinvestment Act? That'd be a good place to start. Because you probably can't have any sort of discussion about Wall Street reform if you think that's what caused the financial crisis. You'd just be wasting time in a fantasyland.
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That was a huge part of the housing crisis. HOUSING CRISIS.
Pitiful as usual try, Heck, to change the subject just a little so you can try to win an argument with Steve.
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That was a huge part of the housing crisis. HOUSING CRISIS.
Pitiful as usual try, Heck, to change the subject just a little so you can try to win an argument with Steve.
That was a huge part of the housing crisis. HOUSING CRISIS.
Pitiful as usual try, Heck, to change the subject just a little so you can try to win an argument with Steve.
He knows. He's just hard wired against admitting it. Like I keep trying to say, there is more than 1 piece to every puzzle.
Unless, of course, it's that damn Bush!
WSS
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Steve, you started out somewhat sensibly with questions about what the problems are and what about those problems government can solve, or as I would put it "address." Government doesn't solve too many problems. It addresses them. It takes the edges off problems. But then you came to the ridiculous conclusion that our only real problem is envy. And then you dared me to deny that envy exists. I mean, come on.
And then there's more of your monochromatic "haves vs. have nots" framework, which is useless here. And just about everywhere else. And then you'd like me to comment on what some idiot on the street said.
I just want you to realize that none of these topics is either relevant to the discussion. Or interesting.
But you are being honest in that you have no idea what the problems are, or how to solve them. My question is: then why do you then pretend to know what the problems are, and declare that they can't be addressed?
I just want you to realize that none of these topics is either relevant to the discussion. Or interesting.
But you are being honest in that you have no idea what the problems are, or how to solve them. My question is: then why do you then pretend to know what the problems are, and declare that they can't be addressed?
[/quot]
Actually you are the guy that claimed that the gap between the top and the bottom is a big problem.
Would it make you happy if I said well the first thing I would do is address it?
Because both of us know that means nothing at all.
But anyway it seems that all you guys can do to give me a reason for this protest, Is to say that well people are just mad at wall street they have too much power too much control!
Now you say is that the problem is that big gap. Great.
From what I gather, theyre also angry about the bailout.
Those damn rich people are getting away with murder!
At any rate it looks like these people are mad about something they can't do anything about.
That is not my fault and I don't see why you're upset with me about it.
wss
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That was a huge part of the housing crisis. HOUSING CRISIS.
Pitiful as usual try, Heck, to change the subject just a little so you can try to win an argument with Steve.
He knows. He's just hard wired against admitting it. Like I keep trying to say, there is more than 1 piece to every puzzle.
Unless, of course, it's that damn Bush!
WSS
He knows. He's just hard wired against admitting it. Like I keep trying to say, there is more than 1 piece to every puzzle.
Unless, of course, it's that damn Bush!
WSS
Please. I'd be happy to admit this was a large part of the financial collapse. The problem with that thinking is that it was a minor part of the financial collapse, so it'd be stupid to parade it around like it was a major factor. So I don't. And if you're someone who thinks it was a major part of the financial collapse you're completely lost as to the real causes of the financial collapse.
If you wanted to explain why the Browns suck, and your only answer was that Chris Cocong can't rush the passer well enough, that wouldn't be a very good explanation. But an equally insufficient answer in this case is good enough for people who always look to blame things on poor people first.
CRA loans are an extremely minor player in the financial collapse. It's barely worth mentioning.
Trust me, I'm not shying away from your arguments because they're so true and I can't admit it. Trust me.
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The committee on the financial crisis came up with ten explanations for why the crisis came about. It's all complicated stuff.
Find me where they mention CRA loans.
In 2009, Jamie Dimon, CEO of J.P. Morgan Chase, sent out a long letter to his stockholders addressing the causes of the financial collapse. You can read it online. See if you can find where he mentions CRA loans.
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I mean, you're not surprising me, if that's what you mean. You're a proudly complacent man.
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First thing I came up with:
Sounds like the bad housing loan (per Fannie and Freddie and Dems in Congress.....) had something to do with it.
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http://en.wikipedia.org/wiki/Late-2000s_financial_crisis
The late-2000s financial crisis (often called the Global Recession, Global Financial Crisis or the Credit Crunch) is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s.[1] It resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market had also suffered, resulting in numerous evictions, foreclosures and prolonged vacancies. It contributed to the failure of key businesses, declines in consumer wealth estimated in the trillions of U.S. dollars, and a significant decline in economic activity, leading to a severe global economic recession in 2008.[2]
The financial crisis was triggered by a liquidity shortfall in the United States banking system in 2008.[3] The collapse of the U.S. housing bubble, which peaked in 2007, caused the values of securities tied to U.S. real estate pricing to plummet, damaging financial institutions globally.[4] Questions regarding bank solvency, declines in credit availability and damaged investor confidence had an impact on global stock markets, where securities suffered large losses during 2008 and early 2009. Economies worldwide slowed during this period, as credit tightened and international trade declined.[5] Governments and central banks responded with unprecedented fiscal stimulus, monetary policy expansion and institutional bailouts. Although there have been aftershocks, the financial crisis itself ended sometime between late-2008 and mid-2009.[6][7][8]
While many causes for the financial crisis have been suggested, with varying weight assigned by experts,[9] the United States Senate issuing the [Levin–Coburn Report [3] [4] found “that the crisis was not a natural disaster, but the result of high risk, complex financial products;[10] undisclosed conflicts of interest; and the failure of regulators, the credit rating agencies, and the market itself[11] to rein in the excesses of Wall Street.”[12]
Critics argued that credit rating agencies and investors failed to accurately price the risk involved with mortgage-related financial products, and that governments did not adjust their regulatory practices to address 21st-century financial markets.[13] The 1999 repeal of the Glass–Steagall Act of 1933 effectively removed the separation that previously existed between Wall Street investment banks and depository banks.[14] In response to the financial crisis, both market-based and regulatory solutions have been implemented or are under consideration.[15]
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He knows. He's just hard wired against admitting it. Like I keep trying to say, there is more than 1 piece to every puzzle.
Unless, of course, it's that damn Bush!
WSS
Please. I'd be happy to admit this was a large part of the financial collapse. The problem with that thinking is that it was a minor part of the financial collapse, so it'd be stupid to parade it around like it was a major factor. So I don't. And if you're someone who thinks it was a major part of the financial collapse you're completely lost as to the real causes of the financial collapse.
If you wanted to explain why the Browns suck, and your only answer was that Chris Cocong can't rush the passer well enough, that wouldn't be a very good explanation. But an equally insufficient answer in this case is good enough for people who always look to blame things on poor people first.
CRA loans are an extremely minor player in the financial collapse. It's barely worth mentioning.
Trust me, I'm not shying away from your arguments because they're so true and I can't admit it. Trust me.
If you wanted to explain why the Browns suck, and your only answer was that Chris Cocong can't rush the passer well enough, that wouldn't be a very good explanation.
But that isn't similar to what I said.
If I said the Browns suck because the defense isn't doing it's job that's a big reason.
You, then, would counter "What??? You blame it ALL on Chris Cocong???? Howe dare you!!!!"
And that's what's dishonest.
So even though the CRA was a bad idea in the end (though I'd had more hope for it) it was part and parcel of the whole sub prime debacle and the free money.
Not just to your pet poor people but to any investor who could get a barely secured loan hoping the prices would continue to skyrocket. And the guy who writes it up gets a commission anyway. And the investor gets a loan on his word. Or as my mortgage lady calls it "unverifiable income."
Oops.
But the housing market tanked for all that.
Yes the saintly poor are part of it, as is Chris Cocong.
But nobody said it was ALL his fault.
And don't think we didn't notiuce that you tried to change the subject to this false claim.
Trust me, I'm not shying away from your arguments because they're so true and I can't admit it. Trust me.
Trust. Heh.
WSS
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I mean, you're not surprising me, if that's what you mean. You're a proudly complacent man.
I mean, you're not surprising me, if that's what you mean. You're a proudly complacent man.
Look, there are times I see or hear an actor or artist making millions that I don't think is anywhere near as good as I am.
My choice is to remind myself that this is the way it goes and I'm happy with my life or I can sit around and seethe.
I know plenty of guys who choose the latter.
Being pissed off at that guy doesn't make me better or happier.
WSS
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Oh, brother. The barroom prophet is back.
I can't argue with someone who thinks the pertinent issues here are the CRA and envy. I really can't.
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Oh, brother. The barroom prophet is back.
I can't argue with someone who thinks the pertinent issues here are the CRA and envy. I really can't.
Oh, brother. The barroom prophet is back.
I can't argue with someone who thinks the pertinent issues here are the CRA and envy. I really can't.
Well that was a witless response.
Congratulations.
You must have your sights set on Axelrod's gig.
WSS
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But this isn't changing the subject. If you want to talk about what should be done about Wall Street, and what the goal of the protests should be about, you have to understand the part Wall Street played in the financial collapse. But I've yet to see any evidence that you know anything other than "some people got loans they shouldn't have gotten."
What else happened? What was the Wall Street part?
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Polling the Occupy Wall Street Crowd.
In interviews, protesters show that they are leftists out of step with most American voters.
The protesters have a distinct ideology and are bound by a deep commitment to radical left-wing policies.
Thus Occupy Wall Street is a group of engaged progressives who are disillusioned with the capitalist system and have a distinct activist orientation.
Among the general public, by contrast, 41% of Americans self-identify as conservative, 36% as moderate, and only 21% as liberal.
That's why the Obama-Pelosi embrace of the movement could prove catastrophic for their party.
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But this isn't changing the subject. If you want to talk about what should be done about Wall Street, and what the goal of the protests should be about, you have to understand the part Wall Street played in the financial collapse. But I've yet to see any evidence that you know anything other than "some people got loans they shouldn't have gotten."
What else happened? What was the Wall Street part?
But this isn't changing the subject. If you want to talk about what should be done about Wall Street, and what the goal of the protests should be about, you have to understand the part Wall Street played in the financial collapse. But I've yet to see any evidence that you know anything other than "some people got loans they shouldn't have gotten."
Actually a shitload.
What else happened? What was the Wall Street part?
Your protestors don't have the slightest idea what they want.
You're only behind them because they seem vaguely left.
They're not even bright enough to realize which politician got the lions share of the money.
Go back and read any of the shit from those here who support them.
Watch a little coverage. Niot Fox Hannity or Drudge. Watch your gang.Listen to yur own team screeching about the bailout.
Listen tio your own team moaning about bonuses and expensive getaways.
You gave me one video of a guy reading a prepared text.
I'd bet not one in 500 of these choads would give that answer.
You yourself seem pissed that the rich run things. That big gap thing.
So what?
And since you seem to think it's a problem that government can't solve you want it "addressed."
Great. Give a speech.
Or better yet take another shit on a cop car.
That should help.
WSS
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Um, okay. Ridiculous, but let's move on.
I'll ask again. What else happened? What part did they play in the financial crisis? What's your opinion on that?
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I have your ridiculous right here, Heck.
What to the protesters at OWS want?
They want to poop on private homeowners' porches. And pee on those porches.
They hate porches. They hate homeowners, who are, btw, Americans.
They also hate children and don't want them to get any sleep.
They hate people who have a job. They hate children who go to school and would like to get some sleep.
But you go ahead, Heck, and put lipstick on a rabid boar and call it a pretty girl hamster.
Not workin. Now, go ahead and continue to see if you can sway Steve into your thinking, so you can
learn how to do your job.
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“They are defecating on our doorsteps,” fumed Katherine Hughes, a stay at home mom who has the misfortune of living one block from the chaos. “A lot of people are very frustrated. A lot of people are concerned about the safety of our kids.”Fed up homeowners said that they’ve been subjected to insults and harassment as they trek to their jobs each morning. “The protesters taunt people who are on their way to work,” said James Fernandez, 51, whose apartment overlooks the park.“I walk out of my apartment and see people urinating on my steps.”
Board member Paul Cantor said that residents are fed up with the incessant racket that emanates from the protest at all hours. “It’s mostly a noise issue,” he said. If people can’t sleep and children can’t sleep because the protesters are banging drums then that’s a problem.”
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