Nicole Gelinas is like a smart Elizabeth Warren.
Every economic down turn and or recession since the civil war can be traced to excessive Federal regulation and misguided social engineering policies enacted into law.
In resonse to ILUVTEA's Oct 17 post in reference to has Huey Long risen from the dead?
Risen? No. But perhaps many of these OWS minions may be decendents of Huey Long's "trained seals".
One aspect of all this that is interesting: When there were scores of Tea Party rallies in 2009 and 2010, the media was stuck on how many people were out there at each rally. Now that its OWS the one statistic you almost never see - as to any of the protests in any city, is how many protesters there are.
Did the press get together and decide that this wasn't to be mentioned? I don't get it - how do you go from an obsession with numbers to not mentioning it at all - anywhere?
And how did this go from Biden and other people in the Administration talking about how people are going to take to the streets, and presto, we have OWS? Not to mention the large sum of money that the owner of Zucotti Park (which, being a private park, can evict the protesters) got from the Obama Administration for, what was it, wind farms?
Ever get the feeling that you are being played? By everyone?
I don't know, I actually am getting quite a kick watching the goings on in NYC. Alec Baldwin showed up and shook hands and expressed sympathy with the protesters; he appears to be the same Alan Baldwin who shills for the Bank of America in those annoying tv commercials with the faux vikings (one of whom, I noticed, is the actor who played "Ogre" in the "Revenge of the Nerds" decades ago. I always like that character and I'm glad that he has found work in his old age). New York Senator Charles Schumer is also a strong supporter of the anti-Wall Street crowd. Ironically (does this crowd even understand the concept of irony, I wonder) Senator Schumer is the largest recipient of Wall Street largess in the form of campaign contributions of the entire tri-state Congressional delegation. Senator Schumer was also joined at the hip (figuratively speaking, as far as I know) with former NJ Governor Jon Corzine, one of the alleged One Percent and a former CEO of the Evil Empire itself, Goldmann Sachs. And last but certainly not least is the tremendous, almost religious support, that the Grey Lady Herself, the venerable New York Times, gives daily to the alleged 99% crowd squatting in the downtown park. The New York Times has mortgaged its property,its soul, and whatever shreds of integrity it had left to Carlos Slim, who, according to Forbes magazine, is one of, if not the richest, men in the world. Mr Slim, the mortgage-holder of the New York Times, is in the top one percent of the top one-percent of the richest people on this or any other planet. To the best of my knowledge, Mr Slim has not made an appearance downtown to genuflect in front of the overflowing porta-johns to show his respect for the 'Movement'.
You pretty much said what i could not effectively communicate. +1
rachat pret credit et rachat de credit pas cher
Still trying to believe the author could equate the lack of respect for private property of protesters living in a public park with the impunity wuth which financial speculators gambled with our money and left the citizens to clean up the mess. Protesters = dirty park. Wall Street = global recession.
Mary, Mary, quite to the contrary, OWS is an example of people doing nothing. They are like a spoiled child having a tantrum because Johnny has nicer toys than he does and I'm going to scream until you give me my toy. They are mad not because the banks got bailed out, but because they didn't. There is also a growing divide between the workers and the slackers, the smart and the stupid, the fit and the fat, beautiful and ugly, ethical and the unethical. Such is the cruel unfairness of life. Why the fixation on money? Why stop there? For the college students, why not redistribute grades to help those that are flunking out? Why do the same actors get paid a thousand times what the bit players get?
I'll bet if they were protesting across the street from you, you would sing a different tune.
Agreed, the protesters should hold elected officials accountable for our financial troubles, but bank executives have a responsibility as well. They should not be excused because they did what they could, moral or not. They, too, should be held accountable.
Gulianinwould never have allowed this to happen
"Here’s a simple prescription: banks shouldn’t be too big to fail, and people shouldn’t live in public spaces."
Then what should we do to fix the problem of banks being treated as too big to fail? The only action I see even being attempted is that of protestors living in public spaces.
I'm afraid that our problem will not go away until we start to require a basic understanding of math in order to acquire a college diploma again. In California, we will go bankrupt because the protesters blame the banks and student loans instead of the government, which created the debts.
If wishes came true, man could fly with the birds. If there were laws which were known and enforced, the parks would be empty and clean and we'd have but a handful of illegal residents. Because there are so few consequences, people live as though there aren't any. But, there are major consequences yet to be lived through and made far worse because the lesser ones were not allowed. Buckle up! Shaping up to be a very long 5 years.
Just had to add: I am not one of their 99% and I have to believe that there are at least 95% just like me.
I would like to point out that the Constitution gives American people the right to assemble peaceably and protest the government policies.
Then, why aren't they in Washington camped out in front of the White House and Congress or at New York City Hall or Gracie Mansion in which Mayor Bloomberg, the ball-less wonder hangs out?
Protesters have no right to go onto private property and make a cesspool of everything. That park has rules and one of them is no camping out. It sickens me to see the mockery these Occupy people are making of our country.
Too many of them are just there because they're having fun and have no idea of what anything is about except they want "the wealthy" to give them some of their money. My husband and I are on the lower end of the middle class. We own our own home and a 3 year old car and owe no money to anyone and to see these know-nothings parading around, making a mess and demanding money from others who have worked for it simply sickens me!! If these are any indication, Americans have no pride anymore.
Disenfranchisement, bull!! This word is tossed around like a ball of worms wriggling in every direction, but this is what it means: 1. To deprive of the rights of citizenship, esp. of the right to vote. 2. To deprive of a right, power or privilege
I wonder how many of this group have ever bothered to vote? I see none of the above on their signs. It always seems to be "down with Wall St." "Share the wealth" and other goofy inanities. Has Huey Long risen from the dead?
This shouldn't be called the Occupy movement. It should be called the Gimme movement because that's all I see and hear are people yelling about what they want and if they can't get it they're going to have temper tantrums on Wall Street.
Fusty to the max, and offensive to suggest moral equivalence of corporations taking hundreds of billions in bailouts with a few thousand mainly young people expressing the frustration felt by most of the other 99%.
While the author's observations are correct it does not matter any more.
The End is Here!!
Ms. Gelinas you have the answer "People feel disenfranchised and want somebody, somewhere to do something." We'll Occupy Wall Street is an example of the people doing something and it is democracy at its best. We are (were until corporations took that over too) a country of free speech and assembly. These folks are exercising a constitutional right. There has been a growing divide between the haves and the havenots and what we are experiencing is a very civil response to that growing divide. While Republicans and Tea Party folks demand less government (hence less regulation and less distribution of wealth) those of us who are loosing income, loosing savings, loosing access to higher education, and affordable medical attention have to take it to the streets. I think these young people are acting quite legally and appropriately. Violent revolutions were started on less.
Excellent article, but the theme could have been summed up in in considerably fewer words ~
Question: Does anyone believe in the rule of law anymore?
Answer: In addition to the protesters and bankers, the Mayor (nor the Governor) of NY certainly don't.
But . . . What can we expect when the Attorney General of the United States decides to abandon prosecution of thugs at the voting booths in Philadelphia?