Welcome login | signup
Language en es fr
OccupyForum

Forum Post: Occupy Wall Street Hall Of Fame~Honor Roll Thus Far & More To Come

Posted 1 month ago on Feb. 17, 2017, 7:31 a.m. EST by trashyharry (3081) from Waterville, NY
This content is user submitted and not an official statement

MATT TAIBBI For writing the Chronicle of the Crime CHRIS L.HEDGES For Accuracy,Veracity and Tenacity RICHARD D.WOLFF For Tireless Outreach To The Mass of People NAOMI KLEIN For Kicking the Ass of The Ruling Class DYLAN RATIGAN For Shouting From the Rooftops-Crime of the Century 2007 JULIAN ASSANGE For Driving The Ruling Class Out of their Tiny Minds

5 Comments

5 Comments


Read the Rules
[-] 1 points by ImNotMe (1488) 1 week ago

''How We Got Out of a 401(k) and Into a Real Pension'', by James W. Russell:

fiat lux ...

[-] 1 points by beautifulworld (22707) 1 week ago

There is a retirement crisis in America that is barely being discussed. 401k plans are woefully inadequate in providing people with enough money to live on in their post working years. Corporations have done away with pensions that they had to fund each year, instead, making employees pay for the bulk and take all the risks of investment. Just another garbage outcome of neoliberal policies that only take the interests of the oligarchs into account. Sad.

From truth out: "Those of us stuck in Connecticut's 401(k)-like plan had been contributing more than twice as much as our co-workers who had pensions -- yet it was estimated we'd receive less than half the retirement income."

[-] 1 points by grapes (4796) 4 days ago

As "salary reduction plans," 401(k)'s are great for high income-tax-bracket people with investment and financial knowledge but they can be terrible for the busy-body working-stiffs without the knowhow or the time to monitor the investment markets.

Most high income-tax-bracket people must, of necessity for their livelihoods, know the market conditions intimately and be ready to pull the triggers at any time. Doing 401(k) investments on the side is like having a tax-deferred moonlighting job with little additional effort or knowledge required. It's NOT so for the wannabes from the lower income-tax brackets.

The stock market is like a money pump that sucks wealth from the lower-wealth people to the higher-wealth people. One can generate huge paper wealth in a nearly dead stock by trading a small block at a higher price(due to Most of the stock capitalization not being traded for the nearly dead[very unintersting] stock). Whether that "wealth" materializes or not depends on whether one gets out of owning the stock at a good time(huge amount of free advices to get out at a bad time is available for free). Timing is everything in this musical-chair game. The busy-body working-stiffs tend to have no time for doing this and they have fears due to their lower wealth so they "get killed" in the stock market in a panic. Never own stocks if one is probably a "calf" to be slaughtered in a Hebrew sacrifice to Dona.

As with the tax cuts that the Retard-I-Can'ts are lusting after, they'll mostly go to the wealthiest and highest income folks(who pay more income and inheritance taxes, generally speaking - payroll taxes are regressive so wage earners pay significant amount in total due to their great number[extending the payroll taxes to cover all incomes would be able to fund Basic Medicare-for-all expansion as the Retard-I-Can'ts desire revenue neutrality]) and corporations. The unfairest tax cuts are exactly what Herr Drumpf will push hardest for (guess why? - it takes smarts!) and they are inheritance tax cuts that will allow the most wealth be passed on Untaxed to the heirs of 》reich《 people. Pouring milk on(And dropping the plates) the Don-b-A.S.S. region of the U.S.A. is the Name of the Game.

[-] 1 points by beautifulworld (22707) 1 month ago

ROBERT REICH for all his speeches in support of Occupy, many of which were at actual occupations. He tirelessly explained our failed economic system to the people in a way they could understand.

https://www.youtube.com/watch?v=7PHHJK8tIRA

https://www.youtube.com/watch?v=m-2O6zCAHAI

https://www.youtube.com/watch?v=iR-eqmXDy98

https://www.youtube.com/watch?v=fw7igQtU3u8

[-] 1 points by ImNotMe (1488) 1 month ago

You trashyharry are on my OWS ''Honor Roll!! You are the longest still standing here - having joined on Sept. 29, 2011!! We Love U! Re. Chris Hedges & Naomi Klein (who recently joined ''The Intercept'' btw):

To end fifiharry, have you got any news of, or contact details for - our Scandinavian Comrade? How he? The very best of best wishes to you & yours & in all your doings. Try to pop by here if/when U can ~*~

pax, amor et lux ...