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Forum Post: Educate OWS

Posted 12 years ago on Nov. 7, 2011, 11:57 a.m. EST by MikeDemarcarte (0)
This content is user submitted and not an official statement

I read this book and learned all too well who the players were and how they got away with it. Their hoodlums, the whole lot of them, Congress and Wall Street. This book makes good sense and offers solutions in addition to stating the problems. I recommend. Pass along.

Wildfire: The Legislation That Ignited the Great Recession.

19 Comments

19 Comments


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[-] 5 points by economyinshambles (6) 12 years ago

Will do. Its been touted on this forum and others as "The OWS Handbook"!! I've read and was enlightened.

[-] 1 points by movingforward29 (1) 12 years ago

Wildfire: The Legislation That Ignited the Great Recession. Pass it on!

[-] 1 points by samenumberatbay (2) 12 years ago

Wildfire: The Legislation That Ignited the Great Recession. Passed. Everyone should read.

[-] 2 points by ModestCapitalist (2342) 12 years ago

Filthy disgusting rich celebrities like Kelly Ripa, Brad Pitt, Rachael Ray, Ellen Degeneres, and Dr Phil have been using the illusion of 'good will' to sell more overpriced crap. DON'T FALL FOR IT.

Of all their tricks, the fake 'good will' offends me the most. For example: Everyone knows how incredibly expensive health care is in the US. It's downright obscene. The industry is still making record high profits. But they are too greedy to pay for their own research and development. So they affiliate with celebrities like Kelly Ripa and use the illusion of 'good will' to trick you into buying overpriced crap like super high end Electrolux appliances. In this marketing trick, they promise to donate $1 to the health care industry. Later, they will claim the tax deduction. The $1 goes to the health care industry so they don't have to dip into their record high profits for research and development.

Any breakthroughs made are for treatment only. Not cures. Treatment is incredibly profitable so that is what they focus on. Treatment only. There have been virtually no cures discovered in decades. Also, the treatment is not 'given' back to the people who donate money for research and development. It is SOLD back to the people for maximum profit.

In this video, Kelly Ripa teams up with her NBC sponsor Electrolux to get your money and maximize profits for Electrolux and the health care industry. GE, the parent company of NBC, is the largest producer of medical imaging equipment in the world. They are also the biggest corporate tax evader in the world. Meanwhile, NBC pays its talk show hosts hundreds of millions of dollars in part, to plug the health care industry and it's affiliates. It's a complicated web of mass market BS.

DON'T FALL FOR IT.

As far as health goes, of course I want all of you to be healthy. Take care of yourselves, eat relatively healthy, try to keep your weight reasonable, get some sort of exercise every day, stretch several times a day, and see a chiropractor if you have any kind of joint/muscle pain.

Use pharmaceuticals only as a last resort. Otherwise, you will be riddled with side effects ranging from constipation/diarrhea to depression, weight gain, fatigue, rapid heart beat, ect. The more pharmaceuticals you take, the more likely you are to be riddled with side effects.

Watch the video but don't fall for the BS. Don't be fooled by Kelly Ripa's fake smile or her fake 'good will'. Don't buy anything from Electrolux. It's way too damn expensive. After all, they are paying Kelly Ripa millions just to run her mouth. Let the health care industry pay for their own research and development. After all, they are still making RECORD PROFITS.

http://m.youtube.com/index?desktop_uri=%2F&gl=US#/watch?v=uQASu6KeeEc

[-] 2 points by ModestCapitalist (2342) 12 years ago

The ugly truth about the housing market, Countrywide, predatory lending, and the endorsements of Oprah Winfrey, Ellen Degeneres, and Dr Phil. Ch'Ching!

The first subprime loans were issued in 1994. It was a gimmick to sell more homes, artificially inflate the market, sell more homes at higher profits, foreclose on those who could not pay when the ARM rates readjusted, take their homes leaving them with nothing to show for their payments, resell the homes at a higher profit and so on. It was a cruel and calculated plan to sell more homes and artificially inflate the market. Those loans were incredibly profitable for well over a decade before the house of cards finally collapsed. In the meantime, bankers got richer along with the richest one percent who made off with higher dividends. It was a sham.

The biggest player in the game was Countrywide. Endorsed by Oprah Winfrey, Ellen Degeneres, and Dr Phil. If you have their shows from '04' to '06' on tape, watch them again. All three were paid millions specifically to endorse Countrywide by name. The biggest subprime player in the game. They issued more ARM loans than anyone else. Foreclosing on those who could not make their monthy payments when the rates suddenly went through the roof. It was a cruel and calculated plan to sell more homes, artificially inflate the market, foreclose, and resell for a higher profit. The sham worked like a charm for 12 years before the house of cards finally fell in.

At this approximate time the worthless paper was sold to unsuspecting investors.

Oprah, Ellen, and Dr Phil were paid millions for their endorsements. Ch'Ching!

[-] 2 points by ModestCapitalist (2342) 12 years ago

The ugly truth. America's wealth is STILL being concentrated. When the rich get too rich, the poor get poorer. These latest figures prove it. AGAIN.

According to the Social Security Administration, 50 percent of U.S. workers made less than $26,364 in 2010. In addition, those making less than $200,000, or 99 percent of Americans, saw their earnings fall by $4.5 billion collectively. The sobering numbers were a far cry from what was going on for the richest one percent of Americans.

The incomes of the top one percent of the wage scale in the U.S. rose in 2010; and their collective wage earnings jumped by $120 billion. In addition, those earning at least $1 million a year in wages, which is roughly 93,000 Americans, reported payroll income jumped 22 percent from 2009. Overall, the economy has shed 5.2 million jobs since the start of the Great Recession in 2007. It’s the worst economic downturn since the Great Depression in the 1930’s.

Another word about the first Great Depression. It really was a perfect storm. Caused almost entirely by greed. First, there was unprecedented economic growth. There was a massive building spree. There was a growing sense of optimism and materialism. There was a growing obsession for celebrities. The American people became spoiled, foolish, naive, brainwashed, and love-sick. They were bombarded with ads for one product or service after another. Encouraged to spend all of their money as if it were going out of style. Obscene profits were hoarded at the top. In 1928, the rich were already way ahead. Still, they were given huge tax breaks. All of this represented a MASSIVE transfer of wealth from poor to rich. Executives, entrepreneurs, developers, celebrities, and share holders. By 1929, America's wealthiest 1 percent had accumulated 44 percent of all United States wealth. The upper, middle, and lower classes were left to share the rest. When the lower majority finally ran low on money to spend, profits declined and the stock market crashed.

 Of course, the rich threw a fit and started cutting jobs. They would stop at nothing to maintain their disgusting profit margins and ill-gotten obscene levels of wealth as long as possible. The small business owners did what they felt necessary to survive. They cut more jobs. The losses were felt primarily by the little guy. This created a domino effect. The middle class shrunk drastically and the lower class expanded. With less wealth in reserve and active circulation, banks failed by the hundreds. More jobs were cut. Unemployment reached 25% in 1933. The worst year of the Great Depression. Those who were employed had to settle for much lower wages. Millions went cold and hungry. The recovery involved a massive infusion of new currency, a World War, and higher taxes on the rich. With so many men in the service, so many women on the production line, and those higher taxes to help pay for it, some US wealth was gradually transferred back down to the majority. This redistribution of wealth continued until the mid seventies. By 1976, the richest 1 percent held  less than 20 percent. The lower majority held the rest. This was the recovery. A partial redistribution of wealth.

  Then it began to concentrate all over again. Here we are 35 years later. The richest one percent now own over 40 percent of all US wealth. The upper, middle, and lower classes are sharing the rest. This is true even after taxes, welfare, financial aid, and charity. It is the underlying cause. No redistribution. No recovery.

The government won't step in and do what's necessary. Not this time. It's up to us. Support small business more and big business less. Support the little guy more and the big guy less. It's tricky but not impossible.

For the good of society, stop giving so much of your money to rich people. Stop concentrating the wealth. This may be our last chance to prevent the worst economic depression in world history. No redistribution. No recovery.

Those of you who agree on these major issues are welcome to summarize this post, copy it, link to it, save it, show a friend, or spread the word in any fashion. Most major cities have daily call-in talk radio shows. You can reach thousands of people at once. They should know the ugly truth. Be sure to quote the figures which prove that America's wealth is still being concentrated. I don't care who takes the credit. We are up against a tiny but very powerful minority who have more influence on the masses than any other group in history. They have the means to reach millions at once with outrageous political and commercial propaganda. Those of us who speak the ugly truth must work incredibly hard just to be heard.

[-] 1 points by marchwithmeNOW (7) 12 years ago

Lets march to Washington with this book in hand. Its time to rise up!!

[-] 1 points by Caesar1980 (3) 12 years ago

We need all in the movement to read this. It contains useful info regarding the monsters that plunged our economy into a free fall.

Wildfire: The Legislation That Ignited the Great Recession.

Passing it on, please do so as well.

[-] 1 points by nsd72 (31) 12 years ago

here's another book everyone should rear - the Toucan Feather - it's an illustrated (by the author) novel that reveals via a symbol called the tocamu how we can learn to get along. you can read the synopsis, reviews, sample chapter & view the illustrations (in the gallery) on tocamu.com: http://www.tocamu.com/?page_id=75

[-] 1 points by Caesar1980 (3) 12 years ago

Read this too and liked it. I liked Wildfire: The Legislation That Ignited the Great Recession a little more..have you read this one? Just released on January 11 this year.

[-] 1 points by nsd72 (31) 12 years ago

nope i haven't read it... will check it out!

[-] 1 points by clarity (20) 12 years ago

Education starts with information.

What do the representatives of the people in Congress think, they too should be required to answer to their constituents on the questions.

1) Why is debt-money being created and why doesn't the US government issue its own money.

2) Why does the US government pay interest on money that is created out of thin air.

3) What is her/his stand on nationalizing the Fed and opening up its books.

4) What is her/his stand on money and associated money in politics?

5) What is her/his stand on the sovereignty of the US government? Does he/she believe that another government has sway over the US?

This list is not conclusive but a guideline towards getting answers from each representative.

If each member of congress were to answer this questionnaire this might help in determining the next steps.

After all while individuals make up a crowd they may not behave similarly when in it.

[-] 1 points by marchwithmeNOW (7) 12 years ago

I highly recommend the book Wildfire:The Legislation that Ignited the Great Recession in hand! Congress does not want you to read this book nor do many executives. Lets educate ourselves and continue the march!!!

[-] 1 points by economyinshambles (6) 12 years ago

Good insight. I read the book referenced in the post as well and it contains many additional worthy points to turn this ship around.

[-] 1 points by spflhome (41) 12 years ago

If you really like to change things, please click the following link and start a campaign to get millions to sign it......Thanks.

http://www.change.org/petitions/members-of-congress-and-senators-fix-the-economy-and-balance-the-budget-now?pe=d4e

[-] 0 points by ChristopherABrownART5 (46) from Santa Barbara, CA 12 years ago

OWs has not examined where to find the needed authority to meet any demand. Article 5 of the US constitution is our first and last right. If we do not use it, we are going to lose the constitution. Armed revolution will be the only alternative after that. We won't have food, let alone ammo.----

In that case, thank OWS for ignoring the solution, a peaceful and lawful rebellion that was envisisoned by Jefferson and some of the other framers. See this page for solid strategy comprehensive to all of our societal/government issues and needs.-----

http://algoxy.com/ows/strategyofamerica.html

[-] 0 points by newearthorder (295) 12 years ago

I would like to see the war-mongering corporate profiteers prosecuted. We could pass a law that says the government, defense department, security agencies, and all could not putchase any weapons, equipment, or supplies from FOR-PROFIT CORPORATIONS'.

The way it is now members of terrorist organizations can own stock in these military industrial complex corporations and no one would ever know it. That seems like a wide open door for mischief to me.

We could create a new kind of not-for-profit corp. called a MIC, a Military-Industrial Corp.'. They could have limited stock releases, only to their own employees.

I know for a fact much of the Iraq war was produced by the military industrial complex because equipment was getting old. We needed to blow it up, or lose it so we could pay taxes to have it replaced. All of those tax dollars goes stright into the pockets of these corporations, their CEOs, lobbyists, and of course, many politicians. This must end now.

The Beginning is Near!

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