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Forum Post: Lets look at the big picture.

Posted 2 years ago on Oct. 28, 2011, 7:26 p.m. EST by Satyr000 (86)
This content is user submitted and not an official statement

Its time to start looking at the bigger picture here. As it has been brought up over the years things like the current economic crisis in the United States have happened through out the world at one point or another. If you want understand why so many people the world over are pointing to the worlds central banks as the cause of all this. The central banks are where these economic downturns start. Due to the fact that they are all contorted and manipulated by the corrupt people who have there fingers in every one of them.

This also is why people are also pointing fingers at Goldman Sachs. Keep in mind Sachs was founded before the Glass Stegal Act. Sachs opened in 1869. With every repel of the Glass Stegal Act Sachs grew and grew. The first repel of Glass Stegal was in 1980, The Depository Institutions Deregulation and Monetary Control Act of 1980. Here is what The Money Control Act of 1980 did:

It Federal Reserve greater control over non-member banks:

It forced all banks to abide by the Fed's rules.

It allowed banks to merge.

It removed the power of the Federal Reserve Board of Governors under the Glass–Steagall Act and Regulation Q to set the interest rates of savings accounts.

It raised the deposit insurance of US banks and credit unions from $40,000 to $100,000.

It allowed credit unions and savings and loans to offer checkable deposits.

Allowed institutions to charge any interest rates they choose.

Required banks be charged Fed Float for use of funds received before clearing between depository institutions.

If you still don't see where this is going look at the history of Citigroup. On April 7, 1998 banking giant Citicorp and financial conglomerate Travelers Group to form Citigroup. They are becoming another Goldman Sachs.

And like I said before the current economic downturn isn't something that just randomly happened. Any one that was living in Sweden during the early 90's can tell you that.

"A bursting real estate bubble caused by inadequate controls on lending combined with an international recession and a policy switch from anti-unemployment policies to anti-inflationary policies resulted in a fiscal crisis in the early 1990s. Sweden's GDP declined by around 5%. In 1992, there was a run on the currency, with the central bank briefly jacking up interest to 500%"

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7 Comments


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[-] 1 points by gawdoftruth (3698) from Santa Barbara, CA 2 years ago

thats still the micro picture focused in on your big bank details.

the big picture is a lot more detailed and a lot more complicated than that.

fine points tho. and heck, as a satyr, i gotta say.. its nice to have satyrs around...


http://www.youtube.com/watch?v=OPR3GlpQQJA

I have been active here since the very beginning, and since the very beginning I have been trying to make some core points. These points clearly have not been digested or fully understood by the mob, and so I'm going to try to make a further attempt here again. 1. Merely protesting in the streets will not bring change. In fact merely protesting in the streets is in fact a means to the end of avoiding the real work of a revolution, which consists of the evolutionary solutions, answers, problem solving process, and new political alignment we create. 2. This forum is absolutely disorganized. It won't be read by most people and it won't and can't function as a core organizational system. 3. Back at the very start of this, I petitioned the admin to add multiple sub forums and a wiki. Multiple sub forums were promised but have never arrived. I think that this tells us that the intention actually of this forum is message control and containment. The entire purpose really of this forum has always been to keep us spinning in disorganization. We are hanging out on a forum that expressly exists to actually keep us confused and disorganized. 4. The real work of a revolution isn't going to happen on forums, it needs to happen in a much more organized fashion using collaborative software. 5. The assorted other details about how to collaborate, how to work open source direct democracy, how to focus in on science instead of isms, how to become hyper rational about this, are details which are essential and crucial, without which we can predict the movement to fail. 6. Technically speaking we are not 99 percent, we are one tenth of one percent attempting to represent the 99 percent. Our core mission must be to communicate to and with the 99 percent, and get them to join us. This forum will not accomplish that and neither will any of the other main websites. 7. You can follow other people out to other wikis and other websites, where they will try to get you to get involved with what they want and their program, but frankly speaking, there is no other website and no other operation out there which understands the complexities involved with meaningful organization. In short, everyones being led to get involved here there and everywhere else, scattering the movement in directions which ultimately do not gain us critical mass, criticial momentum, or critical systemic lucidity. 8. I have managed to get a wiki put up and have already put on that wiki evolutionary details which make it more organized than anything else. I can't do this alone. There are 10 or so wikis now out there, most of which were created in response to my pleas for a wiki, and several of which are in domains owned and operated by some corporation, (wikia, etc) And which we can thus assume will simply be closed, shut down, or deleted if they become useful to the movement. 9. Probably at least half of the invites you have to go participate at some other site are people who are scamming everyone to waste time and energy, distort the movement, co opt it, and etc. When you walk off into a closet ask yourself how you know that the closet isn't created by some fed, or by some republican, or by some democrat, in order to sway things in their direction. 10. The only meaningful strategic option we have for real change in this country is to create a new third party, and take every political office in this country. 11. Once that is done, we can have an article 5 convention. If we have an article 5 convention before getting rid of the oligachs, that just opens the genie from the bottle for them to abuse that process with their corruption and evil.

For these reasons, I beg of you to please immediately join me on the wiki. We need to have all of these details and all of these ideas put together in an organized fashion, rather than posted in a long scrawl which will never be read.

http://occupythiswiki.org/wiki/THE_99%25_POLITICAL_PARTY

http://occupythiswiki.org/wiki/Main_Page

http://www.followthemoney.org/?gclid=CMbY87bB-qsCFUPt7Qod9HE8mQ

http://maplight.org/us-congress/guide/data/money?9gtype=search&9gkw=list%20of%20campaign%20donations&9gad=6213192521.1&9gag=1786513361&gclid=CP61oYbB-qsCFQFZ7AodcTF0jw

http://www.opensecrets.org/

http://occupywallst.org/forum/our-new-wiki/

http://occupywallst.org/forum/non-violence-evolution-by-paradigm-shift/

[-] 1 points by gestopomilly (497) 2 years ago

The idea of the banks recovering the loss thru selling the property is, at this time, ludicrous

Idea: Banks should be required to ' Suspend' payments and interest accumulation if a person loses their job during an 'economic downturn' until that person finds a comparable paying job or until the national unemployment rate is less than 5%.

[-] 1 points by Rico (3027) 2 years ago

[Sigh] The Disinformation never ENDS.

See my post and the ensuing discussion at http://occupywallst.org/forum/what-is-money/

[-] 0 points by aquainted (268) 2 years ago

The Illuminati and the Vatican are probably behind the evils of our day. Why take a chance? Get rid of their crap by installing a verifiable internet voting system that bypasses their rule of Law and establishes our own rule of People's law. What a vast difference that would be, eh boys?

[-] 0 points by gestopomilly (497) 2 years ago

The idea of the banks recovering the loss thru selling the property is, at this time, ludicrous

Idea: Banks should be required to ' Suspend' payments and interest accumulation if a person loses their job during an 'economic downturn' until that person finds a comparable paying job or until the national unemployment rate is less than 5%.

to help people maintain life as this argument plays out

[-] 1 points by Satyr000 (86) 2 years ago

I don't think you are seeing how bad this has effected people. Not every one is protesting due to the fact that we lost there houses. A lot of us pretty much had our lives ruined in the fallout of this mess.

Coming to grips with the fact you might never be able to retire due to the fact you where laid off while working through collage is a pretty big deal. Even more so if you have a medical condition that requires surgery that will require at least six weeks recovery time at least four to five of those weeks you are going to end up on crutches. Being told by your current employer that you can not work while on crutches due to the fact that it creates a liability on there part and they are not willing to find ways to accommodate you during your recovery makes matters even worse. Factor into this the fact that you are underemployed to the point where your hourly wage dropped by 12 dollars an hour and even with a part time job on top of your crap full time job your still fighting to make ends meet. On top of all that you are told that your medical condition falls under the blanket term of pre-existing condition so the medical insurance you have is going to offer little to no help in covering the cost of your operation. Once you come to the realization that bankruptcy is pretty much the only option you have to buy you some time in order to have the operation you need with out adding even more debit on top of the mountain of debit you are under due to your student loans. Come to find out getting your student loan debit liquidated under bankruptcy is next to imposable. So you have no choice but, to keep working 65+ hours, being in pain 24/7 and letting that mountain of debit continue to build and the only silver lining to be had is the fact that you could have it a lot worse then you do which is not a very comforting thought due to the fact for a lot of people it is. That's what this rescission did to me and that's why I'm here.

[-] 1 points by gestopomilly (497) 2 years ago

i know this is not a fix only a patch. but at least during all this misery you would still have a place to live and recuperate instead of adding to your misery by becoming homeless. just a patch to help hold people up not the fix for the problem. this would also force the economy to create jobs in order to fix itself without the burden being put on the citizens.