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Archive for Monday, October 3, 2011

Wall Street protesters: We’re in for the long haul

October 3, 2011

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The protesters who have been camping out in Manhattan’s Financial District for more than two weeks eat donated food and keep their laptops running with a portable gas-powered generator. They have a newspaper — the Occupied Wall Street Journal — and a makeshift hospital.

They lack a clear objective, though they speak against corporate greed, social inequality, global climate change and other concerns. But they’re growing in numbers, getting more organized and showing no sign of quitting.

City officials “thought we were going to leave, and we haven’t left,” 19-year-old protester Kira Moyer-Sims said. “We’re going to stay as long as we can.”

The arrests of more than 700 people on Saturday as thousands tried to cross the Brooklyn Bridge seemed to pour oil on the rage of those who camped out overnight in Zuccotti Park, a private plaza off Broadway near Wall Street.

The growing, cross-country movement “signals a shift in consciousness,” said Jared Schy, a young man sitting squeezed between three others who participated in Saturday’s march from Manhattan’s Financial District to the bridge.

“We don’t care whether mainstream media covers this or people see us on television. What counts are the more than 30,000 viewers following our online live stream,” he said. “We heard from a lot of them, and they’re joining us now!”

The Occupy Wall Street demonstration started out last month with fewer than a dozen college students spending days and nights in Zuccotti Park. It has grown significantly, both in New York City and elsewhere as people across the country, from Boston to Los Angeles, display their solidarity in similar protests.

Moyer-Sims, of Portland, Ore., said the group has grown much more organized. “We have a protocol for most things,” she said, including getting legal help for people who are arrested.

The protest has drawn activists of diverse ages and occupations, including Jackie Fellner, a marketing manager from Westchester County.

“We’re not here to take down Wall Street. It’s not poor against rich. It’s about big money dictating which politicians get elected and what programs get funded,” she said.

On Sunday, a group of New York public school teachers sat in the plaza, including Denise Martinez of Brooklyn. Most students at her school live at or below the poverty level, and her classes are jammed with up to about 50 students.

“These are America’s future workers, and what’s trickling down to them are the problems — the unemployment, the crime,” she said. She blamed Wall Street for causing the country’s financial problems and said it needed to do more to solve them.

Police officers have been a regular sight at the plaza, but NYPD spokesman Paul Browne said the protest has not led the department to assign additional officers to the area. The department won’t change its approach to handling the protest and will continue regular patrols and monitoring, he said.

Comments

jayhawklawrence 2 years, 6 months ago

I like what is happening on wall street but it is too early to tell whether it will turn into a movement for positive change. It is definitely a challenge to the the political culture of our time in which political propaganda passes for reasonable discourse and lies and misinformation pass for honest debate and an effort to solve problems.

The fear is that their emotional pleas may wake up middle america which has endured the brunt of our political mistakes and has been the most undeserved by our politicians.

Is it corruption to ignore the needs of the middle class in favor of the wealthy who fund your political campaigns? You betcha!

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Flap Doodle 2 years, 6 months ago

The only thing worse than a comment spammer is the bitter angry old man who hired him.

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jonyskym1a 2 years, 6 months ago

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Flap Doodle 2 years, 6 months ago

Ms. Crump! Ms. Crump! its_just_math is blowing the gaff!

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atiopatioo 2 years, 6 months ago

The Wall St. people that are creating a poopy unsanitary mess need to use Japan's green poop powered motor scooter.

http://www.wired.co.uk/news/archive/2011-10/03/toto-poo-powered-motorcycle

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its_just_math 2 years, 6 months ago

Memo to employees from (fill in name of lamestream news outlet):

Tea Party: Trash at all times, with no retreat. Paint them as extremist and racist nutjobs. Wisconsin Union Thugs: Just avoid the story like the plague (the story where the special election gave big Republican wins) Wall Street Zombies: Portray them as concerned US citizens looking for economic justice. Obama: Pit him as the victim; as the one who is fighting desperately to save the economy and give people jobs in the face of obstructionists Republicans.

Thanks, The Management

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orangechubb 2 years, 6 months ago

Why is it when I ask if we can go ahead and execute Jane Fonda my post gets removed ? Yet Crazy Larry says "Phil Gramm should be hung by the neck till dead. He is a traitor to this country" . Why is this allowed but my comment was not ?

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Flap Doodle 2 years, 6 months ago

The current regime might outsource the job of clearing the streets to the PLA.

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gl0ck0wn3r 2 years, 6 months ago

Such a boring protest. Let me know when they stop with the drum circles and pick up guns 1960s style.

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atiopatioo 2 years, 6 months ago

These kids are the future of America. Their parents should be proud.

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Flap Doodle 2 years, 6 months ago

Protesters are now demanding that all Doritos be Cool Ranch because everything else is like totally bogus.

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Centerville 2 years, 6 months ago

I love the email about how they want someone to donate sleeping bags - or they can learn to knit their own.

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beatrice 2 years, 6 months ago

"Corporations are people." -- Mitt Romney

I think it is also a grass roots stand against the status quo in the Republican/Tea party. The protest may not be well defined yet, but it will possibly get people out in numbers come the next election, thanks to Romney's statement.

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Cait McKnelly 2 years, 6 months ago

I personally believe the foundation for this was laid on January 21, 2010 when the US Supreme Court sided with CitizensUnited and granted corporations "personhood". It's interesting to note that two of the Supreme Court justices, Scalia and Thomas, that voted in favor of Citizens United have ties to the Koch brothers. They have been entertained by them and attended their "conferences" and political "events". I suggest that concerned anti corporatists research this.

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Flap Doodle 2 years, 6 months ago

Have the little scamps considered what would happen to the prices of everything if the minimum wage jumped to $20 an hour? The price of hash brownies would go through the roof!

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Flap Doodle 2 years, 6 months ago

Who is producing the gas for their generator? Some evil corporation? Hippogriffs!

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Crazy_Larry 2 years, 6 months ago

This comment was removed by the site staff for violation of the usage agreement.

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George Lippencott 2 years, 6 months ago

I listened to an interview with one of the NY protesters. The individual said he wanted to end capitalism. The interviewer asked with what would he replace it – dead silence.

I believe that it is incumbent on all who have a problem with something to offer an alternative. Just bitching and leaving the problem solving to others is anti intellectual and cowardly

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Crazy_Larry 2 years, 6 months ago

Mayor Bloomberg backs mass arrests of Wall Street protesters. Bloomberg, whose net worth of some $19.5 billion derived from Wall Street, voiced unqualified support for the police repression on the Brooklyn Bridge. http://blogs.wsj.com/metropolis/2011/09/30/will-bloomberg-end-protesters-stay-on-wall-street/

http://blogs.wsj.com/deals/2011/09/30/is-mike-bloomberg-confused-about-wall-street-pay/?mod=google_news_blog

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Crazy_Larry 2 years, 6 months ago

The Tea Party needs to show up to the Occupy Wall Street gathering and participate. I doubt the police would be so quick to pepper spray nonviolent protesters carrying AR-15s. Tea Party! Where you at?!?! Step up to the plate and represent! The Wall Street Gangsters have stolen from everyone! Even those yet to be born.... How long shall we let them continue?

The Stench of Truth: Bill Clinton and the 106th Congress are the ones who set us up for raping by Wall Street. Please see the Commodity Futures Modernization Act of 2000 for more information. The CFMA allows for Casino Capitialism, which had been illegal for most of the 20th Century. http://en.wikipedia.org/wiki/Commodit...

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uncleandyt 2 years, 6 months ago

Let us almost remember the TeaParty protests of the bank bailouts. It almost happened. Let's almost remember all the different little factions of TeaPartying with catchy, patriotic names like Patriots, and the Express, and darn it... I can't remember. Well anyway, let's almost remember how quickly the focus of the Tea-gripes switched from bailouts to birth certificates and looming Socialism. Let's almost get on the bus. Let's almost understand that we got distracted while Joe the Plumber was giving a two-minute speech, and we have no idea what he said, but that's okay, cuz Freedom isn't free, and , hey , look at that funny hat over there, and there's a wiener-dog with an American flag sweater, and I'm hungry, are you hungry? Oops, I'm missing Rush ! What am I doing here? My feet hurt.

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Flap Doodle 2 years, 6 months ago

merrill, you've posted that same text 4 times already this morning. What's your limit, if you have one?

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Richard Heckler 2 years, 6 months ago

Reaganomics aka Wreckanomics was the end of the republican party. Shining examples of no more republican party for which Reagan/Bush set the stage in the name of criminal led politics goes like this:

  1. Reagan/Bush Savings and Loan home loan Scandal
  2. Iran Contra = Secret weapons deal with Iran to funnel large numbers of weapons to the dictator led rebels in Nicaragua
  3. Initiating a military campaign in the oil rich nations that has yet to see an end
  4. Bush/Cheney expanding the military campaign beyond belief
  5. Bush/CheneyWall Street Banks Home Loan Scandal
  6. Bush/Cheney $700 Billion bailout in which Citicorp,Bank of Ameica and AIG were the only institutions truly at risk NOT several institutions that were MISLEAD to believe.
  7. Bush/Cheney economics that killed 11 million jobs,retirement plans,medical insurance plans which in the end destroyed USA economics.

All of the above were accomplished by republican "business people" posing as republicans yet in real life are lying, dangerous and criminally insane RINO's. RINO leadership do not want republicans in office.

Go Wall Street Protestors! This is what it takes!

Elect Ralph Nader for President!

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Flap Doodle 2 years, 6 months ago

Steamer Ag is offended that I take umbrage at the vulgar displays of disappointed progressives.

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Godot 2 years, 6 months ago

The teaparty and the Van Jones / Guy Fawkes/ Free Stuff Army have one thing in common: they both rightly identify the problem as being banks and corrupt elected officials and unelected bureaucrats that are in collusion to enrich one another at the expense of the ordinary people.

The difference is in the proposed solutions.

Teapartiers want the government to investigate and prosecute the wrongdoers, send the guilty to jail, get out of business of choosing winners and losers through excess regulation and campaign payoffs, and let the free market prevail.

Fawkers demand the government abandon due process, confiscate the wealth of all those the Fawkers consider to be "rich," (government crooks get a pass) and redistribute the wealth among the Fawkers.

Somehow I think this will not end well.

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HomeSlice 2 years, 6 months ago

Demand one: Restoration of the living wage.

Demand two: Institute a universal single payer healthcare system.

Demand three: Guaranteed living wage income regardless of employment.

Demand four: Free college education.

Demand five: Begin a fast track process to bring the fossil fuel economy to an end while at the same bringing the alternative energy economy up to energy demand.

Demand six: One trillion dollars in infrastructure (Water, Sewer, Rail, Roads and Bridges and Electrical Grid) spending now.

Demand seven: One trillion dollars in ecological restoration planting forests, reestablishing wetlands and the natural flow of river systems and decommissioning of all of America’s nuclear power plants.

Demand eight: Racial and gender equal rights amendment.

Demand nine: Open borders migration. anyone can travel anywhere to work and live.

Demand ten: Bring American elections up to international standards of a paper ballot precinct counted and recounted in front of an independent and party observers system.

Demand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the “Books.” World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the “Books.” And I don’t mean debt that is in default, I mean all debt on the entire planet period.

Demand twelve: Outlaw all credit reporting agencies.

Demand thirteen: Allow all workers to sign a ballot at any time during a union organizing campaign or at any time that represents their yeah or nay to having a union represent them in collective bargaining or to form a union.

Demand #14: Free Unicorns for everybody

Demand #15: Free weed

Demand #16: No cloudy days

Demand #17: Free weed

Demand #18: Mom and Dad can never kick me out of the house

Demand #19: No tax breaks for the Masonic Temple

Demand #20: Free vacations

Demand #21: No one has to work if they don’t want to

Demand #22: Democrats-only on all ballots

Demand #23: Shape-shifting

Demand #24: Ability to fly

Demand #25: Supermodel Girlfriends

Demand #26:. Diamond encrusted cellphones

Demand #27: Free dog sitter while on free vacation

Demand #28: Law of gravity repealed

Demand # 29: EPA and DOD budget swap

Demand #30: One meeeeeeellion dollars

Demand #31: More rich, chocolatey Ovaltine please!!!

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mustrun80 2 years, 6 months ago

Wow - these protesters are acting just like those racist tea partier's, oh wait, it was the left that stormed the statehouse in madison and the left that is getting mass arrested on wall street.

Obama followers: continue to focus on the real issue, RACISM RACISM RACISM!!!!

Good work.

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gl0ck0wn3r 2 years, 6 months ago

Omg I hate evil corporations and I want to end carbon use so I will use my PowerBook on the gas powered generator to post about it on Facebook.

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its_just_math 2 years, 6 months ago

To Obama's credit, his class warfare rhetoric apparently has paid off. Telling his base to get tough and quit compainin' has produced thousands of his nutcase base (who likely have not a pot to pee in and largely not a clue as to what they're demonstating against) to gather and get arrested in NYC.

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its_just_math 2 years, 6 months ago

"Zombie walks" are all the rage lately, even in the dazzling urban city of Lawrence. Conversely, the Tea Party suddenly caught the nutcase Obama devoted left off-guard, as proven in November of last year. The ensuing anger, even among the unhinged on this forum---leftist and "centrists" alike has been well documented. Oddly, these loons had called for civility not more than months before a developing reality had set in.

God Bless.

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ksrush 2 years, 6 months ago

A better title for this article would be - Wall Street protesters: send in the clowns

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its_just_math 2 years, 6 months ago

It's already clear the dishonest liberal media is proclaiming them as well-meaning activists while all along have been labelling the Tea Party as extremist agitators.

God Bless and good bye Obama in 13 months.

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booyalab 2 years, 6 months ago

I'm sure I'm not the only one looking forward to the day when the 19 year old spokesperson runs out of her parents' (or the government's) money and has to find a real job. I can just imagine the first interview:

Employer: "So I see here on your resume under work experience you wrote, "Reigning in the Capitalist Beast and restoring justice and the living wage for all by yelling and waving signs at people as they walk to and from their evil Big Money jobs." so how exactly would that experience help you in an Accounts Receivable position?

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blue73harley 2 years, 6 months ago

I wish I had enough time to protest for a few days...

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rockchalk1977 2 years, 6 months ago

Ainsley Earhardt, the most attractive correspondent for Fox News, will be interviewing these protester flakes live on Sean Hannity tonight. Hear these anarchists, Marxists and Pan-Leninists defend their twisted views and sorry attempts to justify their illegal actions.

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Richard Heckler 2 years, 6 months ago

ONLY 3 financial institutions instead of several were at risk. One of the biggest lies perpetrated to Amercan citizens.

What happened to all the money?

"Once the money left the building, the government lost all track of it."

Did Paulsen forget what transpired?

Henry Paulson, told them, “You’re taking this money.” But after that, the process was much more convoluted. And some banks lobbied for the money. Others banks didn’t lobby for the money but were told they were taking it.

JUAN GONZALEZ: Well, what about that big meeting that you talk about — I think it was October 12th — the nine big banks? Eight of those banks, as you reported, ended up getting two-thirds of all of the money, 67 percent.

How did that bankers meeting come about?

JAMES STEELE: Paulson actually called that meeting. He called the heads of those banks the night before and said, “I want you here tomorrow in Washington.” He was very vague as to what the purpose of the meeting was. But once they got there, he told them, “You are taking money. We are going to buy stock in your banks. And we need to get this economy going again.” Some bankers objected, saying by accepting this money it would look like they were weak. Others simply said they didn’t need it.

The fact of the matter is, one of the things we concluded very early on in this whole process is that while Treasury was trying to create the image that there was widespread weakness in these banks. There were just a handful of institutions that were terribly weakened.

AIG the insurer, Bank of America, Citigroup, those three were clearly in very weakened form.

AMY GOODMAN: Don Barlett, this meeting of the big nine, with Vikram Pandit of Citigroup, Jamie Dimon of JPMorgan Chase, Kenneth Lewis of Bank of America, Richard Kovacevich of Wells Fargo, John Thain of Merrill Lynch, John Mack of Morgan Stanley, Lloyd Blankfein, who succeeded Paulson as head of Goldman Sachs, Robert Kelly of the Bank of New York Mellon and Ronald Logue of State Street Bank, went to the secretary’s conference room. It was even difficult to find this information out. But what did he lay out for them there? And how does Paulson, who was former head of one of these banks, fit into it, as well?

DONALD BARLETT: Well, reduced to its simplest terms, he laid in front of them, each of them, a sheet of paper and saying, “Write on this the amount of money you’re going to take, and you are going to take it. Otherwise,” the implication was, “regulators will be looking at you and finding something wrong there. This is one of those areas in which you have no choice. By the end of the day, you will sign that you’re taking this amount of money. You know, call your boards, do whatever you need to do, but you will take the money.”

More intrigue: http://www.democracynow.org/2009/9/10/good_billions

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Richard Heckler 2 years, 6 months ago

Wall Street Bank Fraud on Consumers ate up $ trillions, millions of jobs, loss of retirement plans and loss of medical insurance.

Fraud certainly was very important in the housing bubble of recent years. But the housing bubble—like bubbles generally—did not depend on fraud, and most of its development was there for everyone to see. With the principal problems out in the open and with the authorities not only ignoring those problems but contributing to their development, one might say that the situation with the housing bubble was worse than a Ponzi scheme. And Madoff bilked his marks out of only $50 billion, while trillions were lost in the housing bubble.

Often, government plays a role in bubbles. The housing bubble was in part generated by the Federal Reserve maintaining low interest rates. Easy money meant readily obtainable loans and, at least in the short run, low monthly payments.

Also, Fed Chairman Alan Greenspan denied the housing bubble’s existence—not fraud exactly, but deception that kept the bubble going. (Greenspan, whose view was ideologically driven, got support in his bubble denial from the academic work of the man who was to be his successor, Ben Bernanke.)

In addition, government regulatory agencies turned a blind eye to the highly risky practices of financial firms, practices that both encouraged the development of the bubble and made the impact all the worse when it burst. Moreover, the private rating agencies (e.g., Moody’s and Standard and Poor’s) were complicit. Dependent on the financial institutions for their fees, they gave excessively good ratings to these risky investments. Perhaps not fraud in the legal sense, but certainly misleading.

And, yes, substantial fraud was involved. For example, mortgage companies and banks used deceit to get people to take on mortgages when there was no possibility that the borrowers would be able to meet the payments. Not only was this fraud, but this fraud depended on government authorities ignoring their regulatory responsibilities.

http://www.dollarsandsense.org/archives/2009/0709macewan.html

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Flap Doodle 2 years, 6 months ago

The protester are boiling over with demands: http://minx.cc/?post=322156 I think they've been reading the many copy/pasted texts of a certain prolific LJW poster.

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somedude20 2 years, 6 months ago

I wonder how many protester conceptions will come from this? Remember, the "love" might be free but the "toy surprise" will cost ya!

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FalseHopeNoChange 2 years, 6 months ago

Roseanne Barr has GOT to a clandestine Tea Party member. I suspect this because she is boiling over. She loves that Obama though.

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FalseHopeNoChange 2 years, 6 months ago

Pitts has the Tea Party boiling over and Jackson has the poor on Edge of An Explosion. Which is? Pitts and Jackson need to get on the same page of their Liberal Perestroika playbook.

Jesse Jackson: America 'On Edge of An Explosion' Sunday, 02 Oct 2011 06:15 PM By Martin Gould and Kathleen Walter

Civil rights activist and former presidential candidate Jesse Jackson warns that the American economy resembles nothing so much as the Titanic, and if President Obama and Congress doesn't do something soon, America's streets could easily explode in civil unrest.

Jackson warned in a Newsmax interview that New York Mayor Michael Bloomberg might have a point when he predicted rioting on the streets.

“There is real tension in the streets because people are becoming so desperate,” he said. “We’re really on the edge of an explosion.”

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Getaroom 2 years, 6 months ago

It is about time that some brave and concerned and even desperate AMERICAN citizens made a big show and come out against the Robber Barons of Wall Street. Criminals who are robbing each and everyone of us, directly or indirectly. And you FalseHopeNoChange seem to be clueless that that very thing is happening to you too. LibertyOne, I thought you were all about Liberty and Freedom of Speech and you believe spraying people with pepper spray who are peacefully gathering is warranted? Such arrogance of attitude is in part why American finds its self in such troubles now. This protest is not misguided, nor is it undirected, or without objective. The fact is, all of us should be supporting this effort to bring attention to the criminal activities being allowed to flourish on Wall Street and allowed to do so for years on end. The crimes that go unpunished by these people because of secret and not so secret deals reached by greedy, immoral, unethical free market capitalists appears to be unending. Do you support those activities? Do you feel it is right they are allowed to keep it up without any form of punishment? And if you do not like it and yet complain about your fellow citizens protesting what action would you take? Keep sticking your heads in the sand until it's is too late?
You know why these people are gathering and all you feel is discomfort and embarrassment because it is happening right out in the open and you chose to do nothing. You prefer the slimy, money grubbing thieves stealing money right out from under you in darkened "unregulated" corners instead? It is about time someone stood up the bullies on Wall Street! Tools? The Tools of Thievery and Deception used by the despicable few for the gain of the few. FalseHopeNoChange: Pitts Tea Party boiling over? Your all too frequent racist comments here show your mindset. Well, at least you are not hiding your thoughts, whether that is a good thing or not. One might ask you: how is it that people publicly gathering to protest Wall Street crime is any more or less desirable than your obvious racism and slant on how things out to be? Stop blaming Obama for everything and look in the mirror.

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FalseHopeNoChange 2 years, 6 months ago

This comment was removed by the site staff for violation of the usage agreement.

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ibroke 2 years, 6 months ago

maybe this is what Obama said to take off your bedroom slippers and march

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BornAgainAmerican 2 years, 6 months ago

This will be intersting to watch. The far left will jump on the band wagon and blow this thing up for all it's worth. What started as a peaceful demonstration among a few clueless college students will explode into angry mobs of far left radical extremists across the nation. And even though radicals are relatively few in number, the Blame Stream media will play it for all it's worth in an effort to sway public opinion. Seeesh!

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just_another_bozo_on_this_bus 2 years, 6 months ago

"Police officers have been a regular sight at the plaza, but NYPD spokesman Paul Browne said the protest has not led the department to assign additional officers to the area. The department won’t change its approach to handling the protest and will continue regular patrols and monitoring, he said."

Including the indiscriminate and unwarranted use of pepper spray and mace?

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FalseHopeNoChange 2 years, 6 months ago

Don't fooled. These are Pitts Tea Party people boiling over.

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