Thread: Occupy Wall Street - The resistance continues

The first that comes to mind is the new health law that is still in the process of being developed and digested by many businesses.

I owned a startup manufacturing business and I would say that complying with as many regulations as possible made it very difficult to succeed. Everywhere I turned there was a government hand waiting for their due.

We can say that everybody's viewpoint is some political talking point and they all to some degree have validity.

A regulation that is yet to hit is the CalOSHA ergonomic standard that will have a significant impact on all businesses. Where does it stop?

Originally Posted by GForce

The logic escapes me.

I don't think you really understand anything about what i said because you lack understanding of what is actually happening. Responsible citizens of America that bought homes and have been paying their mortgage every month are being penalized for those who walk away. Those who continue to fulfill their obligations to the banks get to watch the value of their home erode and property taxes skyrocket. This is the end effect caused by the other half who as you said yourself never should have been sold a home or given a loan they did not qualify for to begin with.

It's not anything brought on by the people who did the right thing and it's entirely caused by the banks and mortgage brokers who created bad loans for profit. This was done on purpose to create an economic bubble where by people would continue to buy and flip property they could not afford. In turn the banks, mortage brokers, title companies, real estate agents and even the county clerks were making money every time a house changed owners.

Every night there was some guy on TV explaining how you can buy a seminar or course that would teach you how to get rich buying property for ZERO down. Lots of people were making money this way and it became a game of hot potato where many had to buy and sell quickly before the first mortage payment was due. Otherwise they had to get a second mortage which became a whole other chapter in the book of greed. But the only one who might actually lose anything before the market bottomed out was the person who actually bought a home to live in. They would end up being the last person to hold the hot potato that would eventually burn them when the their mortage was far above the true value of the home.

So the banks don't care at this point they got bailouts and they don't have to pay interest on that money. Along with the fact they don't have to give up any assets in fact they bought out many smaller banks and gained more assets. Basically the banks failed to pay their own mortage where by they got into deep debt themselves and we basically rewarded them for it. Meanwhile those banks get to throw customers in the street for doing the same thing on a much smaller scale and refuse to spend the bailout money for it's true intended purpose. The money was given so the banks would have an easier time helping homeowners who were upside down to the point of no return.

So please do evaluate your logic again and this time try not to let it escape you.

Unfortunately, those that were bonafide purchasers during the markets zenith are the unintended victims of the collapse of the housing bubble. Even that sector has folks that strategically walked away and bought the same home on their tract at a lower price, futher impacting the folks that did not.

My brother owns a home that he bought during the high times and now faces the fact that he has lost some of the value. The only thing he can do is hold on and hope that the market stabilizes in a few years. Which makes sense as long as he does not need to move elsewhere.

My investments have tanked as well but as long as I hold on there is a chance that the value may go up again.

My comments were not intended for the above group. I doubt that many of the protestors even own a home. I also do not necessarily agree how the government handled the bank situation even though they say the tax payers will make money in the end. The reality is that there are many exceptions and factors that have made the situation what it is.

Not many people in NY own homes i'd wager because the cost to own is ginormous.

The reality is that Bush and his friends on Wall Street made a shit ton of money at our expense. Not to say he's the only one because most of those in the system today are doing the same. And what dems and reps are fighting over with our votes is who gets the next pile of lobbying money.

Did you never see the Enron video with Bush that surfaced a few years back?

No I did not, but I will look for it. What concerns me is that these protestors based on what has happened in Egypt and Lybia begin to believe they have a chance of doing that here. Our laws are clear, you can say anything you want but when you start inciting folks to action your freedom of speech ends and the government action begins.

Originally Posted by GForce

government action begins.

Government has zero rights to dictate any form of action in a free society.

Originally Posted by toker

Government has zero rights to dictate any form of action in a free society.

Not according to the current regime. Remember the insurance mandate?

Originally Posted by AmateurFlix

Not according to the current regime. Remember the insurance mandate?

Obama 2012 and the American Socialist Party we hope see you there.

Originally Posted by toker

Government has zero rights to dictate any form of action in a free society.

Well, there are plenty of US Supreme court cases restricting freedom of speech that would disagree with you.

Why is it you need permits to protest in large numbers. Protesters are retricted as to what they can do and where they can do it. For example they can protest on the side walk in front of a Planned Parenthood building but they cannot block access to it, if they do they are subject to arrest.

You can pretty much do anything until it starts affecting somebody elses rights. That is also why there are noise ordinances.

I don't think that's true because people living around Zuccotti Park have complained that they cannot use the park or get woken up in the middle of the night. The NYPD was asked about this and said basically they aren't going to do anything about it.

Btw you gotta love the bullshit spin cycle that FAUX NEWS uses on everything involving OWS.

When not under arrest (approximately 100 other arrests occurred over the weeks of the protest), the Occupy Wall Street crowd is actually occupying the privately-owned Zuccotti Park, whose owners are working with city officials on plans to return it “to its intended purpose.”

I’ve been active in the Tea Party movement since 2009. As a black woman, I define the movement’s political diversity and have always been quick to defend its inclusiveness against those who would try to slur it with racist accusations.

Come on everyone knows all black people are Socialists who support Acorn and would never support the so called politically diverse Republican Teabaggers.

I'm A Tea Party Activist And 'Occupy Wall Street' Is No Tea Party | Fox News

'Occupy Wall Street' Has Their List Of Demands -- Let's Hear <i>Your</i> Demands | Fox News

Originally Posted by toker

Btw you gotta love the bullshit spin cycle that FAUX NEWS uses on everything involving OWS.

When not under arrest (approximately 100 other arrests occurred over the weeks of the protest), the Occupy Wall Street crowd is actually occupying the privately-owned Zuccotti Park, whose owners are working with city officials on plans to return it “to its intended purpose.”

I’ve been active in the Tea Party movement since 2009. As a black woman, I define the movement’s political diversity and have always been quick to defend its inclusiveness against those who would try to slur it with racist accusations.

Come on everyone knows all black people are Socialists who support Acorn and would never support the so called politically diverse Republican Teabaggers.

I'm A Tea Party Activist And 'Occupy Wall Street' Is No Tea Party | Fox News

'Occupy Wall Street' Has Their List Of Demands -- Let's Hear <i>Your</i> Demands | Fox News

Erm, what exactly is "bullshit spin cycle" about that? You mentioned the arrests earlier in this thread and also complained about a lack of media coverage but when the media does finally mention the very same events, it's somehow spin?

Originally Posted by AmateurFlix

Erm, what exactly is "bullshit spin cycle" about that?

Did you even notice the REPUBLICAN BIASED group that woman is part of or the fact she is a paid shill who WORKS for FOX NEWS?

No you didn't nor did you care to notice the fact she never once peeped a negative comment about Bush.

Deneen Moore Borelli

Pretty fair and balanced i'd say when your busy trashing Clinton and everyone else while Cheney and Bush are robbing the country blind. Fact is fact and the only thing Fox does is pick out bad things to write about OWS and anything else that goes against Republicans and big business. Fox News fabricates and stretches the truth every way possible and the inbreeds who refuse to notice or even consider other perspectives simply eat it up.

Just like when Fox recruited Palin and paid her to trash Obama every moment she had her dick sucker open. Then it basically calls Palin trash as she gets thrown under the bus for pushing her book instead of screaming about the falling sky like chicken little. Meanwhile just a few days ago in an interview Palin attacked Cain who is now the front runner and said he had no chance.

Must either be some real smart people who actually seek the approval of someone dumb as Sarah Palin. That or most Fox News viewers are lonely and desperate middle aged men beating off the women featured of Fox and Friends.

Originally Posted by toker

... a bunch of totally unrelated shit dating back to the Clinton adminstration...

You mentioned the arrests earlier in this thread and also complained about a lack of media coverage but when the media does finally mention the very same events, it's somehow spin.