And thus the need for education. CDO Swaps and other bits of banking nastiness that prune money from the system while contributing nothing to it are part of the problem.
On Tue, Oct 4, 2011 at 7:35 PM, archytas <[email protected]> wrote: > We have Occupy here too - a few tent cities so far - people also > making the point they ain't left-wing loonies. I went to the > Manchester one yesterday to ask a few people 'why'? I'm not sure > heard much that was accurate. Might have a look at Greece nearer > Xmas. Most peopleI met yesterday didn't know what collateral- > derivative fractional banking was. > > On Oct 4, 2:40 pm, Chris Jenkins <[email protected]> wrote: > > Well then, reckon we should all grab shovels, yes? > > On Oct 4, 2011 9:03 AM, "archytas" <[email protected]> wrote: > > > > > > > > > > > > > > > > > I guess my picture of normal, Chris, would be of an ostrich with its > > > head in the sand - these being the people not doing occupation. > > > > > On Oct 4, 8:41 am, Allan H <[email protected]> wrote: > > >> It is good to see you again Chris and Don.. > > > > >> I was thinking (I know a rare event) last night only to have the topic > > >> return this morning.. > > > > >> After watching all the demonstrations some thing emerged that does not > > make > > >> sense to me nor do I understand. maybe some one can straighten me > out.. > > > > >> He goes: If I invest my money in a company say Sky Cat (I like the > idea) > > I > > >> am hoping the company will go on to produce me a profit by > manufacturing > > the > > >> air type craft. They have my money, I have a share of their company > > >> because they control my money.. > > > > >> Now if I give a "Bank" control of my money they do not in return give > me > > a > > >> share of their stock like a normal company does.. they invest both > their > > >> money and my money and I have no problem with that,, what I have a > > problem > > >> with is the sharing of the profits.. if there is a profit their share > of > > the > > >> money makes more money than mine,, but if they lose money It is my > > money > > >> that is lost not theirs.. > > > > >> Even if I put money in a simple savings account,, it is investing in > the > > >> bank.. and what I am seeing is a group if people who think the laws > of > > >> economics and moral responsibility. If they lose money,, because they > are > > >> the ones in control morally they should be taking the greater share of > > the > > >> lose.. and that includes the stock market.. > > >> Allan > > > > >> On Tue, Oct 4, 2011 at 1:22 AM, Chris Jenkins < > [email protected] > > >wrote: > > > > >> > Leaving moderation behind has made it feel like a whole new list for > > me. :D > > > > >> > I too am worried about undue influence coopting the cause, but I > think > > >> > that's an inevitability of any populist movement. Even the Egyptians > > are > > >> > warily eyeing their "liberated" government. I just hope some good is > > >> > accomplished along the way. > > >> > On Oct 3, 2011 7:15 PM, "Don Johnson" <[email protected]> wrote: > > >> > > I'm very glad to see your august presence back amongst these > humble > > >> > boards > > >> > > Chris. > > > > >> > > The self portraits of 99%s with notes describing themselves > affected > > me > > >> > > somewhat. Some are easy to dismiss as whiny but many are obviously > > >> > feeling > > >> > > the same pain I see in family and friends around me. It literally > > puts a > > >> > > face, many faces actually, on our problems. I'm very glad folks > like > > you > > >> > are > > >> > > out there recording these times. I mean that because I see in you > > someone > > >> > > without a particular agenda other then improvement. I have never > seen > > you > > >> > as > > >> > > someone that ignores or tries to cover up obvious discrepancies in > > what > > >> > > politicians say and what they do. I find your support of Ron Paul > > >> > > refreshing. While I disagree with many of his policies the thing I > > most > > >> > > admire about him is his consistency. There are few things our > > President > > >> > has > > >> > > done I approve of but killing terrorists is at the top of the > list. > > Ron > > >> > is > > >> > > wrong on this. > > > > >> > > Now, with the ass kissing portion of my post out of the way, let's > > get to > > >> > > the Occupy(pickyourplace) kerfuffle. I made the observation in a > post > > on > > >> > G+ > > >> > > that this may be one of those times when you see Tea Partiers > > marching > > >> > next > > >> > > to Code Pinkers. Nobody likes corp. welfare and high unemployment > > except > > >> > for > > >> > > the lobbyists and politicians that engineer it. Even they don't > like > > it > > >> > when > > >> > > they get caught. On the one hand I'm glad folks are "doing > something" > > but > > >> > on > > >> > > the other I'm concerned with what seems to be unions trying to > > highjack > > >> > the > > >> > > movement for their own selfish ends. They are some of the biggest > > causes > > >> > of > > >> > > our current crisis. Just read s story how GM has thousands of > Volts > > >> > sitting > > >> > > around not getting sold. This is what happens when government > builds > > your > > >> > > cars or your solar panels. Somebody else always makes them better > AND > > >> > > cheaper. My concern is most of those 'protesting' don't see things > > quite > > >> > the > > >> > > same way I do. Far too many are on the Class Warfare path and this > > >> > disturbs > > >> > > me. I have no beef with the rich. In fact, I appreciate that they > pay > > the > > >> > > most and give the most. I hate favoritism and that is what > government > > >> > > control and the punish/reward aspect of taxation is all about. I > hate > > it. > > >> > > It's why I like Herman Cain's 'plan' of 9-9-9 better then anything > > else > > >> > > anybody has come up with. Getting rid of ALL the loopholes for the > > very > > >> > > wealthy would be awesome. It's galling to find out some of the > most > > >> > ardent > > >> > > celebrity liberal supporters have much of their wealth sheltered > from > > >> > taxes. > > >> > > Smart but hugely hypocritical. That said the rich aren't the > problem, > > our > > >> > > screwy tax laws and a political class bent on pork and back > > scratching > > >> > and > > >> > > huge, mind numbing waste are. I agree we need to clean house in > > >> > Washington > > >> > > but I fear most of those in the streets would disagree with me who > > the > > >> > major > > >> > > culprits are. > > > > >> > > As usual, Rigs makes the most sense of all the comments here. > While > > I'm > > >> > not > > >> > > a supporter of the status quo exactly I do have a substantial > amount > > of > > >> > my > > >> > > retirement in the market and T-bills. The required destruction of > our > > >> > > current system to come up with something more to Archy's taste I'm > > scared > > >> > to > > >> > > death of. That's what crazy people like George Soros want. That's > not > > for > > >> > > me. A more vigilant FTC and massive simplification of the tax code > I > > >> > would > > >> > > welcome. > > > > >> > > Thems my thoughts but I'm keeping an open mind. > > > > >> > > On Mon, Oct 3, 2011 at 12:42 PM, gabbydott <[email protected]> > > wrote: > > > > >> > >> Ok, let's settle for rule #10! :) > > > > >> > >> On Mon, Oct 3, 2011 at 7:23 PM, Chris Jenkins < > > >> > [email protected]>wrote: > > > > >> > >>> Fantastic link, Gabby! I especially like number 10. :D > > > > >> > >>> No, by normalcy, I meant that the media focus to date has been > on > > the > > >> > >>> counterculture types mostly, while ignoring those in business > > casual > > >> > attire. > > >> > >>> It makes it easy for the audience at large to be separate from > > them. I > > >> > want > > >> > >>> to show the world how many of their PEERS are there, coworkers, > > >> > colleagues, > > >> > >>> classmates...I want them to see that this isn't just some angry > > washed > > >> > out > > >> > >>> hippies, but an actual populist uprising comprised of their > friends > > and > > >> > >>> neighbors. > > > > >> > >>> On Mon, Oct 3, 2011 at 12:57 PM, gabbydott <[email protected] > > > > >> > wrote: > > > > >> > >>>> Ah, Chris, let me make clear that we understand that the > "normal" > > >> > >>>> American media is employing this technique of "creating a sense > of > > >> > >>>> connection" which worries us here across the pond. We therefore > > >> > >>>> welcome independent views in the U.S. What you'd call "left" is > > still > > >> > very > > >> > >>>> much "right" for our senses. What you call normalcy is what we > > often > > >> > >>>> perceive as extremely ignorant. > > > > >> > >>>> Let me give you an example of how we believe you need to take > > photos > > >> > that > > >> > >>>> deserve the label "independent": > > >> > >>>>http://www.lomography.com/about/the-ten-golden-rules > > > > >> > >>>> On Mon, Oct 3, 2011 at 6:21 PM, Chris Jenkins < > > >> > >>>> [email protected]> wrote: > > > > >> > >>>>> Danke, Gabby! There's a general sense of marginalization about > > the > > >> > >>>>> group, and I'm hoping to capture the normalcy of the > > >> > protesters...create a > > >> > >>>>> sense of connection. > > >> > >>>>> On Oct 3, 2011 11:50 AM, "gabbydott" <[email protected]> > wrote: > > >> > >>>>> > Cheers, Chris! Documenting and sharing what you see as > > happening is > > >> > a > > >> > >>>>> good > > >> > >>>>> > thing, I find. > > > > >> > >>>>> > It is very much of THE thing to do today, to gather with > people > > who > > >> > >>>>> share > > >> > >>>>> > one's own view to demonstrate one's enlarged physical mass. > I > > don't > > >> > >>>>> think > > >> > >>>>> > that it is smarter than finding new ways of fair > communication > > >> > >>>>> beforehand, > > >> > >>>>> > though. > > > > >> > >>>>> > But hey, we've had our share of "we are the people" pictures > 22 > > >> > years > > >> > >>>>> ago > > >> > >>>>> > and we won. Go ahead and do it the American (occupying) > Style! > > >> > Learn > > >> > >>>>> to take > > >> > >>>>> > scalps if you must but leave the heads on! > > > > >> > >>>>> > On Sun, Oct 2, 2011 at 2:57 AM, Chris Jenkins < > > >> > >>>>> [email protected]>wrote: > > > > >> > >>>>> >> So what do you all think of the various regional Occupy > groups > > >> > >>>>> springing up > > >> > >>>>> >> around the US, emulating OccupyWallStreet? I'm going out to > > >> > >>>>> OccupyTampa on > > >> > >>>>> >> Thursday to do some independent media photography, but am > > curious > > >> > >>>>> about the > > >> > >>>>> >> perception of the country and world at large. > > > > >> -- > > >> ( > > >> ) > > >> |_D Allan > > > > >> If your life is not going right, try making a left turn > > > > >> life is for moral, ethical and truthful living. >
