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Forum Post: Focus - Banking Greed

Posted 2 years ago on Dec. 21, 2011, 2:02 p.m. EST by OccupyLink (529)
This content is user submitted and not an official statement

Can we not get back to the original idea of the Movement? - targeting corporate greed - with the bullseye on the banks,

There are all sorts of discussions here which quite frankly have nothing to do with the Occupy Movement!

34 Comments

34 Comments


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[-] 2 points by GreedKills (1119) 2 years ago

In the 70s anyone charging an interest rate over 12% or so was considered a Loan Shark, now they are CEOs...

[-] 1 points by DKAtoday (22313) from Coon Rapids, MN 2 years ago

Nothing to do with the occupy movement? You have got to be kidding! The corruption and greed apparent ( blindingly obvious ) in the government, wallstreet, banking , oil. pharma etc. etc. adnauseum. These things are the obvious point of the ice berg sticking up out of the water. Your mistake ( and it is a common one ) is that there is only one place to start to achieve total success. Every single thing that is wrong adds to the others. It's called synergy. The same can be said for doing all that can be done in the name of good, add them all together and 1 + 1 does not equal 2 anymore it can be equal to a million or more, that is synergy, so lets use it in a positive manner. Use it to unite all good causes, not to maintain divisiveness. Lets go forward together.

[-] 1 points by Windsofchange (1044) 2 years ago

I am all for the banksters being held accountable for their crimes. However, in the wake of NDAA and SOPA (extremely fascist bills that take away our freedoms and censor us; I don't think that that can be ignored).

How can we protest if our bill of rights has been taking away? We must fight this.

[-] 1 points by OccupyLink (529) 2 years ago

Absolutely not. These bills are a side issue. They are designed to create fear and division amongst tne 99%.

We can still protest, if the bill of rights is taken away. However, this is NOT a protest.

We are not protesting about the banks. We are helping individuals who have been ripped off by the banks. We are identifying how much these greedy executives have been thieving from the stockholders, pension fund and indeed from the banks themselves.

[-] 2 points by Windsofchange (1044) 2 years ago

I am for OWS helping those who were victimized by the Banksters. I would love to see the Banksters held accountable for their behavior.

However, while I agree that scare tactics are often used to divide and conquer and to keep the masses weighted down in fear, I think that our country is presently going into very dangerous terrority with legislation like NDAA which states that American citizens could now be arrested by the military with no charge or due process and they can be held indefinitely in a military prison. Under Homeland's security 2009 report which list the profile of a domestic terrorist, one could be on that list for things like having seven days worth of food in your home, missing fingers, and buying in cash to name a few. OWS and the Tea Party are considered low-grade domestic terrorists by their standards. Now the other bill that I am very worried about is really about american censorship under the guise of copyright infringement. This will change the internment as we know and websites can be shut down in a blink of an eye.

I am afraid that what is happening in D.C. is going to affect this movement and make it harder and harder to fight the injustices that is going on in this present day society. I think the heat is being turned up right now. I am alarmed at what I see going on.

[-] 1 points by DKAtoday (22313) from Coon Rapids, MN 2 years ago

As everyone should be alarmed. If they are not, they are not paying attention to the world around them, or consider that what is going on does not concern them because it has not happened to them personally yet. All issues of corruption, greed, & in-justice need to be tackled together. Unite in action while we are gathering in numbers don't exclude because you may not see an obvious connection, instead combine and win it all.

[-] 1 points by OccupyLink (529) 2 years ago

As stated, we must focus on the Banksters. If they are categorizing Tea Party and Occupy members as "low grade terrorists", you can be sure that the majority of the population are being somehow classified as "terrorists". Does it matter what they call us? Answer: no. The East German and Romanian police had huge files on individuals, yet did not apprehend them. These agencies get bogged down with data, and there are too many of us and too few of them.

Anyway, you have to use your logic. Do these agencies care about the Banksters? Answer: no.

[-] 1 points by orz (83) 2 years ago

If I were a banker, I wouldn't be concerned so much with money, but what I can buy with it: power. And if privileged information showed me how to make money and cash-out before the system crashes, you bet I would participate. Since the laws and regulations permitted this, I'd be a fool to sacrifice my power. In my mind, I made the world better showing, reductio ad absurdum, that the laws and regulations, the corruption that allowed for them, the complicity of people without knowledge or outrage-- all were systematically flawed.

I would buy up devalued land after the civil war that breaks out and invest in the reconstruction of the US-- philanthropy, really. The people would learn to respect my decision that they, too, would have made. For, a nobleman can only watch a nation resisting its own destruction for so long, before he assits its reconfiguration: a new world without corruption or inefficiency. Because I'll make the rules.

[-] 1 points by OccupyLink (529) 2 years ago

@orz Correct. They think that everything was done in secret - and they sure broke the law - smashed it actually. Do you think that selling paper they know to be worthless to pension funds is legal? Of course not. It takes people who have been ripped off to complain. Then all banks and their executives tied in with this can be tracked down for as long as it takes. Simon Wiesenthal and his center were tracking down war criminals for events that happened 70 years ago. You can be sure we will show the same resolve. I for one will never forget what these monsters, the banking tycoons did.

[-] 1 points by orz (83) 2 years ago

People debate the possibility of unjust laws. And laws without enforcement are also questionable. Politicians... I wonder if they see themselves as cavalry riding alongside a volunteer army. Or do they see guillotines?

[-] 1 points by OccupyLink (529) 2 years ago

Politicians want to be popular and rich. For both of these reasons, they will side with whomever they think has the power. If the banking executives lose their power, the politicians will help us get them. :)

[-] 1 points by Anachronism (225) 2 years ago

The recent fiduciary debauchery on Wall Street and in Washington is but one outgrowth of the process of capital accumulation.

It's systemic