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#33 (permalink) | |
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Registered User
Join Date: Aug 2011
Location: Massachusetts
Posts: 2,795
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Quote:
Mission accomplished(it's not like people weren't talking before)! Please, someone, ask them what's next! What bothers me is that all this momentum is going to go to waste, forget about the freakin park and move on to something that will actually accomplish a goal. |
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#34 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,636
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Quote:
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#37 (permalink) | |
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Banned
Join Date: Jun 2006
Posts: 60,296
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#38 (permalink) | |
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Registered User
Join Date: Aug 2011
Location: Massachusetts
Posts: 2,795
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Quote:
Honestly, drama without substance means nothing! |
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#39 (permalink) | |
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Banned
Join Date: Jun 2006
Posts: 60,296
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#42 (permalink) | |
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Registered User
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It's basicly a new Grapes of Wrath/Great Society thing! |
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#44 (permalink) | |
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Registered User
Join Date: Aug 2011
Location: Massachusetts
Posts: 2,795
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Quote:
And, based on the Republican blocking of the head of the Consumer Protection Agency recently it doesn't look like OW made ANY clear demand. Everyone in this city, including the mayor, has been sympathetic, but nobody really knows what to do. If they could point to one specific thing, one specific piece of legislation, and get it turned it would be worth the effort, but they haven't. So, having them stay in tents a little longer is not a solution. I'm sorry, but you've had your time now do something with it to pay back all the people who baked the cookies and supported you. Otherwise, this is just going to be footnote of people expressing their feelings, nothing more. |
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#45 (permalink) | |
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Registered User
Join Date: Aug 2011
Location: Massachusetts
Posts: 2,795
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Quote:
In 2012, unless there is an alternative or some questions get on the ballot for the people, there will be no change. I applaud your girls, but I have to ask, "to what end"? |
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#46 (permalink) | |||
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,636
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Quote:
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__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#47 (permalink) | |
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Premium Member
![]() Join Date: May 2004
Posts: 10,515
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The Federal Reserve's 'breathtaking' $7.7 trillion bank bailout A new report on the 2008 financial crisis reveals some shocking numbers that dramatically exceed the $700 billion TARP bailout posted on November 28, 2011, at 6:02 PM Fed Chairman Ben Bernanke says that newly revealed details about the Fed's bank bailout were kept secret to prevent a stigma against banks that took part. Fed Chairman Ben Bernanke says that newly revealed details about the Fed's bank bailout were kept secret to prevent a stigma against banks that took part. Photo: Alex Wong/Getty Images SEE ALL 25 PHOTOS A new report by Bloomberg Markets Magazine details trillions of dollars in secret federal loans made to the big banks during the 2008 financial crisis, a process that helped them rake in billions of dollars in undisclosed profits. Here, some key numbers that illuminate the Federal Reserve's "breathtaking" $7.7 trillion bank bailout: 29,000 Pages of federal documents, courtesy of the Freedom of Information Act, and central bank records that Bloomberg combed through to reveal a "fresh narrative of the financial crisis" More than 21,000 Number of transactions detailed in those pages $7.7 trillion Amount in undisclosed loans the Federal Reserve made to struggling financial institutions, according to the new Bloomberg report. That "dwarf[s] the Treasury Department's better-known $700 billion Troubled Asset Relief Program [TARP]," say Bob Ivry, Bradley Keoun, and Phil Kuntz at Bloomberg $13 billion Estimated amount in previously undisclosed profits the six largest banks — JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs Group, and Morgan Stanley — took in, thanks to those loans and the Fed's below-market rates. Unlike the TARP funds, "the loans came with virtually no strings attached for the banks," says Travis Waldron at Think Progress $160 billion Amount in TARP funds the big six received As much as $460 billion Amount the big six borrowed from the Fed, as calculated by Bloomberg and measured by peak daily debt $1.2 trillion Amount that banks referenced in the new report required on Dec. 5, 2008, "their single neediest day." The Federal Reserve didn't reveal to anyone which banks were in such dire need, say Ivry, Keoun, and Kuntz, and "bankers didn't mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy." $86 billion Amount that Bank of America Corp. owed the central bank when then-CEO Kenneth D. Lewis wrote shareholders saying that he was at the helm of "one of the strongest and most stable banks in the world" on Nov. 26, 2008 $107 billion Amount in secret loans that Morgan Stanley took in a single month, in September 2008 1 out of 10 Share of the country's delinquent mortgages that amount could have paid off $6.8 trillion Total assets held by the big six on Sept. 30, 2006 $9.5 trillion Total held on Sept. 20, 2011. Rather than help curb the practice that caused the financial crisis, "the Fed and its secret financing helped America's biggest financial firms get bigger and go on to pay employees as much as they did at the height of the housing bubble," say Ivry, Keoun, and Kuntz Sources: Bloomberg, Business Insider, Think Progress THAT is what they are protesting, and they are right to do so.
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#48 (permalink) |
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Registered User
Join Date: Aug 2011
Location: Massachusetts
Posts: 2,795
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Nobody is not agreeing, what they are saying is, "if your goal is to just occupy someplace we are not for it".
I don't think there is a person in America who is not on their side (besides the lobbyist and lawyers of the banks). |
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#49 (permalink) |
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Registered User
Join Date: Jul 2006
Posts: 15,348
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Speaking of occupy.....
Democratic National Convention Host Charlotte Proposes Law Aimed At Banning Occupy Encampments Charlotte Prepping for Occupy Wall Street at DNC -- Daily Intel Should get interesting... |
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#50 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,636
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That is what SOME are protesting. We have all seen the signs.
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#53 (permalink) | |
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Registered User
Join Date: Aug 2011
Location: Massachusetts
Posts: 2,795
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Quote:
This is what I want to know: They say you can't evict an idea, can someone tell me what that idea is? Looking at the web site I can give money to: Occupy Boston General Fund (where is this money going, to themselves?) Occupy Boston Wind Turbine Fund (Will this stop Wall Street?) Occupy Boston legal Defense Fund (AGAIN, to themselves?) Occupy Boston Greenway Restoration (News flash, the city already maintains it) The best thing I can see is a tweet(believe it or not): #OccupyBoston is the beginning of an ongoing conversation about fixing our world: reforming Wall Street, removing special interests from government, preserving our civil liberties, and much more. While I'm actually for the Boston Turbines, I'm wondering how that is going to accomplish this. Honestly, I don't think Madoff could have come up with something better than this. Nobody knows where the money is going. Basically, if you have an issue give some money to us and we will, "Talk About it". deafdyke, I'm behind what you and your children believe in and I think everyone else is too. However, if we solve can't solve one problem this whole thing is just one big Woodstock. And, I'm pissed because it could really make a difference. |
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#54 (permalink) |
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Registered User
Join Date: Jul 2006
Posts: 15,348
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Isn't capitalism great? Set up an organization with leaderless leaders. Start protesting. Assail all banks as evil and all that. Set up a bank account and wait for sympathetic ears to start depositing money into their account with no idea on accountability behind an organization's motive on how that money will be used.
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#55 (permalink) |
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Registered User
Join Date: Dec 2010
Location: Best Coast, USA
Posts: 3,194
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I'm over this whole "Occupy" movement. While the original intentions nay have been good, they are just creating more problems, costing cities ridiculous amounts of money, and seemingly accomplishing nothing.
No offense to the "occupiers", but it's time to go back to the drawing board. |
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#56 (permalink) | |
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Registered User
Join Date: Jul 2007
Posts: 4,889
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Quote:
That's exactly how I felt about the OWS thread i started, it was meant to create discussion about the corruptions of Wall Street and the government and yet the thread got taken over by links to articles about what some OWS protestor did or a scuffle with the police as if somehow that was far more of a crime than bankrupting America. sigh. |
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#57 (permalink) | |
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Registered User
Join Date: Jul 2007
Posts: 4,889
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Quote:
and secondly, that account, among other things, was meant to be used to help state attorneys keep fighting against bank settlements. it's only capitlism if OWs stands to profit from it. Have they done that? Gotten rich from protesting? Hmmm...no. Occupy Wall Street finds money brings problems too | Reuters |
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#58 (permalink) | |
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Registered User
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#59 (permalink) | |
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Premium Member
![]() Join Date: May 2004
Posts: 10,515
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Quote:
Idiots.
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#60 (permalink) | |
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Registered User
Join Date: Jul 2007
Posts: 4,889
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Quote:
"Adding to suspicions that the Boston police and city officials sought to hide their actions from the public, police reportedly enforced a media blackout. Many officers were seen covering their badge numbers. According to Occupy Boston, "Credentialed press, citizen journalists, academic researchers, and Occupy Boston media members were repeatedly corralled and moved to surrounding areas 50 feet away or more, prohibiting many from thoroughly covering the raid." Livestreamers, medics, and legal observers were also among those targeted and arrested. Boston, San Francisco, Seattle, Portland, Los Angeles, Philadelphia, New York, and many other cities have now experienced nearly identical raids. Almost always, city officials claim to act in the public interest, citing "health and safety" or "sanitation" as their reason to suppress Occupy. But we know this is a lie. Occupy Boston alone distributed many thousands of meals, lent books, provided shelter for those who had nowhere else to go, and delivered services that the government has refused to provide because they are too busy providing tax breaks to the rich and bailouts to the banks and corporations. An Occupation is not a hazard; it is a haven. If city governments cared about sanitation, they would not spend thousands of dollars to evict homeless Occupiers. Instead, they could use that money to open more shelters for the homeless, many of whom must live in squalor every day. If the politicians and police are so concerned about health, instead of prioritizing the arrest of peaceful protesters who have harmed no one, why don't they make providing real universal health care their priority?" Occupy Boston: "We might have been evicted, but we shall not be moved." | OccupyWallSt.org |
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