OWS message is clear. - Page 5 - PeachParts Mercedes-Benz Forum

MS Fowler · #61 10-19-2011, 07:02 PM

Quote:

Originally Posted by JollyRoger

If I remember correctly, they were given money at the request of George Bush's Treasury Secretary, Hank Paulson. Some trillion or so. He was not a politician, he was the former chairman of Goldman Sachs, one of the recipients of billions of dollars, and he told all those politicians that if they didn't get the money, the US was looking at 30% unemployment. Now, how exactly is it that the supposed anti-socialist GOP, the party that socialized trillions of dollars of losses incurred by Goldman and the rest, is now claiming the rest of us, who are the victims of this fiscal disaster, need to pull ourselves up by their poverty-stricken boot straps, while their banking buddies who finance their campaigns, get free public money? Why is it that we are to blame? What I see is an economy wrecked by over-speculation by these banks, who used our own money to gamble with, resulted in the current economic wreckage. Yet those who got ruined by them, are, in your opinion, to blame? How does all that work? And how exactly are these banks atoning for wrecking the economy? How have they helped those they put out of work? Or those they put out of their homes? How are they paying us all back for the mess they made?

I disagreed with the bail outs then and any future bail outs.
You are correct that eliminating the risk from the risk/reward balance ruins the very idea of capitalism. They took the risk; they failed; they should have reaped the reward of their failure. No bailouts in capitalism.

SwampYankee · #62 10-19-2011, 07:59 PM

Quote:

Originally Posted by elchivito

G. D. capitalist!

panZZer · #63 10-19-2011, 08:53 PM

Larry's got more than a few screws loose, its not as bad as 35, but there are plenty of tent cities all over the country, just like in the 30's when most towns has these "camps" outside of town.

Air&Road · #64 10-20-2011, 07:21 AM

Quote:

Originally Posted by JollyRoger

Actually, we mean the people screwed over by the big banks who took billions in free government money after pissing away all of theirs on derivative schemes, sending the economy into a tail spin from which it is yet to recover, causing millions to lose their homes and jobs. Tell me, how is stealing the public's money "pulling themselves up"? We have a system of socialism for the rich, where risk has no downside, because if you mismanage and lose trillions, we the public get to pick up the tab for them. Why is that?

Yes indeed, ANY banker or anyone else that does crooked stuff should be THROWN IN JAIL! The source of the meltdown was Christopher Dodd and Bawny Fwank passing a bill insisting that everyone has a right to a mortgage whether they can afford it or not. GW bought in this madness and that is what led us to this point. The people who combined the bad mortgages to produce toxic assets should be strung up by their nuts on a rope swinging from a tall tree on the courthouse lawn.

If you want to protest the source of the problem, go to Dodd's, Fwank's, or Bush's house and do your protest.

Okay, that's all behind us now and it is what it is. It's time for those who are in dire straits to take responsibility for their own lives and do what they have to do to provide THEMSELVES with a living. Will this be easy? NO. In many cases will it mean selling stuff and taking a setback in lifestyle? Yes.

Life's a Bi+ch sometimes. When things are tough, you've gotta be tough.

Air&Road · #65 10-20-2011, 07:24 AM

Quote:

Originally Posted by JollyRoger

Why did the big banks have the right to take money from the rest of us?

They didn't, but the US government gave them the bail out money. These greedy SOB's were perfectly willing to take advantage of the situation. Go protest at the Whitehouse or Dodd's house, or Fwank's house, or GW's house. If you want to wrap a rope around the neck of a crooked, greedy banker that's okay too, but these kids protesting need to take responsibility for their own lives instead of asking for socialism and communism, in effect asking others to take care of them. If they are too lazy to work for themselves let them starve.

Air&Road · #66 10-20-2011, 07:27 AM

Quote:

Originally Posted by tbomachines

You just don't get it and you never will, considering you ignore the main points of my posts. Also -- put succinctly, you have demonstrated that you seem to have no concept of what it is like living in a city with socioeconomic disparity.

Okay, if you can't make it where you are, then pick yourself up off your lazy A$$ and go somewhere else! During the dust bowl of the thirties, there were many people who were COMPLETELY destitute. Most of them packed up their worn out old model A's and struggled across the desert to California. They took responsibility for their own lives. No opportunity where they were, so had the guts and determination to do something about it.

Air&Road · #67 10-20-2011, 07:29 AM

Quote:

Originally Posted by elchivito

Goes to show that not all lazy kids are young! Some people never grow up and take responsibility for their own lives.

Botnst · #68 10-20-2011, 07:33 AM

Quote:

Originally Posted by MS Fowler

I disagreed with the bail outs then and any future bail outs.
You are correct that eliminating the risk from the risk/reward balance ruins the very idea of capitalism. They took the risk; they failed; they should have reaped the reward of their failure. No bailouts in capitalism.

Exactly. The concept of "too big to fail"is a real threat to free market capitalism and to democracy since it demands preferential treatment for some at the expense of many.

Air&Road · #69 10-20-2011, 07:36 AM

Quote:

Originally Posted by MTUpower

I agree with Larry B on the work hard, work smart and eventually you will come out fine thinking. I also agree with JR (gasp!) that the big banks have screwed people and should not have gotten money. I tend to think more and more people think that businesses and government will take care of them, and they do not have to understand the futurity of their actions. I watched a show the other day and the guy was asked what his degree was in and he answered to the effect of "religious movements of society". Here I am thinking WTF? What kind of job do you expect to get with that? How the hell are you expecting to pay your student loans with a degree like that? My father told me to do what you love and the money will follow, but you'd better not love to shoot the $hit. I believe in today's world there are some degrees which are not economically feasible and there is little chance of economic prosperity with a education like that. Now these kids are thinking "I've got a college degree and was told if I get one I'll make 1.2 million more over my lifetime than if I did not have one". But they don't have a job 'cause when times are hard no one is gonna hire a person with a nonsense degree.

Very good point. My cousins son got a degree in Psychology about 6 or 8 years ago and got it with a great GPA. He still has no work in his field. My hat is off to him, however, because he is driving a courier truck. He's NOT standing around whining because no one will GIVE him a job.

It is INDEED a crying shame that so many kids have gone to college, gotten their degree and can't get a job. That said, life's a Bi+ch sometimes. That said, these kids are going to have to tighten their belt and ride it out. In the long run, they will be stronger people for it.

Air&Road · #70 10-20-2011, 07:37 AM

Quote:

Originally Posted by tbomachines

I agree with this - I am glad the TP has raised awareness that we as citizens are pissed off at the petty politics involved! Unfortunately I don't think it has done much positive. I am also not so optimistic about the OWS demonstrations, they would have been MUCH more beneficial if organized. Each side definitely has a few bad apples.

Very good post and well said.

Air&Road · #71 10-20-2011, 07:39 AM

Quote:

Originally Posted by JollyRoger

If I remember correctly, they were given money at the request of George Bush's Treasury Secretary, Hank Paulson. Some trillion or so. He was not a politician, he was the former chairman of Goldman Sachs, one of the recipients of billions of dollars, and he told all those politicians that if they didn't get the money, the US was looking at 30% unemployment. Now, how exactly is it that the supposed anti-socialist GOP, the party that socialized trillions of dollars of losses incurred by Goldman and the rest, is now claiming the rest of us, who are the victims of this fiscal disaster, need to pull ourselves up by their poverty-stricken boot straps, while their banking buddies who finance their campaigns, get free public money? Why is it that we are to blame? What I see is an economy wrecked by over-speculation by these banks, who used our own money to gamble with, resulted in the current economic wreckage. Yet those who got ruined by them, are, in your opinion, to blame? How does all that work? And how exactly are these banks atoning for wrecking the economy? How have they helped those they put out of work? Or those they put out of their homes? How are they paying us all back for the mess they made?

Yes, and Paulson is probably one of them that needs to be swinging from a tall tree by his nuts. Since NYC is not really packed with trees, there wouldn't be enough trees to swing all these people from. I guess the only alternative would be to stink up Central Park for a few weeks.

Air&Road · #72 10-20-2011, 07:48 AM

Quote:

Originally Posted by panZZer

Larry's got more than a few screws loose, its not as bad as 35, but there are plenty of tent cities all over the country, just like in the 30's when most towns has these "camps" outside of town.

Yes, and these tent cities are much more problematic than in the thirties. Why? Because in the thirties people had much more pride and inherent moral value. There was not nearly the criminal element lurking through such unfortunate areas.

There is a little bit of good in everything, however, and there will be a few people that emerge from these "cities," with a toughened and determined attitude and will do well in life.

As far as loose screws, you need to walk around your own airframe with a screwdriver.

Honus · #73 10-20-2011, 08:03 AM

Quote:

Originally Posted by tbomachines

I agree with this - I am glad the TP has raised awareness that we as citizens are pissed off at the petty politics involved! Unfortunately I don't think it has done much positive. I am also not so optimistic about the OWS demonstrations, they would have been MUCH more beneficial if organized. Each side definitely has a few bad apples.

You make it sound as if there are two sides - Tea Party versus AWS. I don't know whether either of those factions (if that's the right word) can be so neatly categorized. I am also not sure what sort of organization you would recommend for AWS. They seem to be making a point to not be boxed in to a specific list of policy proposals, so I am not sure what sort of organization you would recommend for them.