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\BearMtnHIB wrote:
Whoa Sherlock. Where in that link does it say they are hiring protesters?
Here is a clue inspector cluzo.....
The name of that graphic is Tile-AdWall-Street_Mid_02.gif.
What Working America does every day is reach out to people where they live and educate them on these critical economic issues. We want to make sure working people know that we are stronger together and that we can build power to counterbalance the seemingly overwhelming influence of the finance industry.
It’s easy to get distracted by arguing over who the Occupy Wall Street protestors are and what policy choices they’re fighting for. But at the bottom, they’re a symptom of concerns that go beyond one park in Lower Manhattan.
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<summary>5 Facts You Should Know About the Wealthiest One Percent of Americans
It may shock you to learn exactly how wealthy this top 1 percent of Americans is.
October 4, 2011
As the ongoing occupation of Wall Street by hundreds of protesters enters its third week — and as protests ntspread to other cities such as Boston and Los Angeles — demonstrators have endorsed a new slogan: “We are the 99 percent.” This slogan refers to an economic struggle between 99 percent of Americans and the richest 1 percent of Americans, who are increasingly accumulating a greater share of the national wealth to the detriment of the middle class.
It may shock you to learn exactly how wealthy this top 1 percent of Americans is. ThinkProgress has assembled five facts about this class of super-rich Americans:
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What do you have against countering the balance of influence that the finance industry has on our government? Aren't you PO'd nobody on Wall Street was held accountable for the financial mess that started this economic tailspin?
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BearMtnHIB wrote: I certainly am PO'd nobody on Wall Street was held accountable - but that's the fault of government policies. Politicians who bailed out these companies with our tax money have perpetrated the worst of all offenses against the working people. They invented "too big to fail" out of thin air- the biggest load of lying crap I have ever seen in my life.
Companies who mis-manage themselves should not EVER be bailed out with public money- EVER. No company is ever too big to fail, and the free market should be allowed to dis-assemble any company who is bankrupt. There WAS a system in place to handle these kinds of situations- and the government abandoned it in favor of bail outs.
The system is- you go bankrupt- any assets your failed company has are auctioned off to pay debts- any debts not paid are a loss to the investors ONLY- and everyone involved loses their job! That's called moral hazard and in 2008- this countries government abandoned those principles.
We need to get back to those principles- in a bad way. We should never ever again bail out a private company after the people running the company turn it into a failure. We are subsidizing FAILURE!!
I can totally understand why people are pissed off- the economy sucks and people are struggling. However- the same people who caused this mess and spent taxpayer money are now the ones who claim to have the cure. I don't know how protesting on wall street is going to change anything- it won't.
We need to target the cause of this bad economy- bad government policy and bad politicians who set the policy. The only real answer is to limit the size and scope of government - cut it's funding and dismantle the power structure that has got us into this mess.
It's the ONLY thing that will work- vote for representatives who pledge to limit government - and dismantle the power structure.
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I second that...these protesters are NOT directing their anger at the right place. Wall Street doesn't make the rules.OmniScience wrote:
BearMtnHIB wrote: I certainly am PO'd nobody on Wall Street was held accountable - but that's the fault of government policies. Politicians who bailed out these companies with our tax money have perpetrated the worst of all offenses against the working people. They invented "too big to fail" out of thin air- the biggest load of lying crap I have ever seen in my life.
Companies who mis-manage themselves should not EVER be bailed out with public money- EVER. No company is ever too big to fail, and the free market should be allowed to dis-assemble any company who is bankrupt. There WAS a system in place to handle these kinds of situations- and the government abandoned it in favor of bail outs.
The system is- you go bankrupt- any assets your failed company has are auctioned off to pay debts- any debts not paid are a loss to the investors ONLY- and everyone involved loses their job! That's called moral hazard and in 2008- this countries government abandoned those principles.
We need to get back to those principles- in a bad way. We should never ever again bail out a private company after the people running the company turn it into a failure. We are subsidizing FAILURE!!
I can totally understand why people are pissed off- the economy sucks and people are struggling. However- the same people who caused this mess and spent taxpayer money are now the ones who claim to have the cure. I don't know how protesting on wall street is going to change anything- it won't.
We need to target the cause of this bad economy- bad government policy and bad politicians who set the policy. The only real answer is to limit the size and scope of government - cut it's funding and dismantle the power structure that has got us into this mess.
It's the ONLY thing that will work- vote for representatives who pledge to limit government - and dismantle the power structure.
Very well said. The most cogent post in this entire thread.
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