Forum Post: OWS is a buch of BS
Posted 13 years ago on Nov. 2, 2011, 12:41 a.m. EST by rezhunter
(87)
This content is user submitted and not an official statement
There's nothing that the 99% can and will do.
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0 comments 1 week ago by agkaiser
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We are our message.
Our message is us.
Thank you for your detailed and well-argued critique. The vast mass of evidence that you've presented in support of your thesis is overwhelming ...
... oh, my mistake, I took you for someone else.
is buch a new abbreviation? Typical moronic typo infested substance-less waste of time comment.. next
Without a voting system, I suppose they were planning to storm the gates, or, the bad guys were just going to hand over the keys to Dc and the Economy
If you think a online Direct Democracy system is needed, check it out at www.uponlocal.com
UP On Local and the Direct Democracy System can take the good people of OWS to the Whitehouse on a legitimized vote.
Enough politics, besides your vote doesn't count, only the electorail college means anything. And who the hell are they?
How will we know when OWS has triumphed?
When Donald Trump is washing dishes in the basement of one of his hotels !
Exactly when buffet on TV is telling everyone to control themselves and you can see the panic in his eyes
Don't fall for this psychological crap from any one percent goon. It's an obvious attempt to discredit our cause or divert our attention from the obscene, unjust, immoral, and illogical concentration of wealth. Donald Trump went on record the other day telling us to blame the government instead of Wall Street and the richest one percent. Other well known public figures are trying to stereotype all of us as lazy entitlement junkies without a brain or spine among us. Their goons are obviously online and on air trying to break our will. Don't fall for any of it. Just follow the law and keep protesting no matter what the one percent goons say or do. Our message is vital. Below is my two cents:
We have been mislead by Reagan, Bush Sr, Clinton, Bush Jr, Obama, and nearly every other public figure. Economic growth, job creation, and actual prosperity are not necessarily a package deal. In fact, the first two are horribly misunderstood. Economic growth/loss (GDP) is little more than a measure of domestic wealth changing hands. A transfer of currency from one party to another. The rate at which it is traded. This was up until mid ’07′ however, has never been a measure of actual prosperity. Neither has job creation. The phrase itself has been thrown around so often, and in such a generic political manner, that it has come to mean nothing. Of course, we need to have certain things done for the benefit of society as a whole. We need farmers, builders, manufacturers, transporters, teachers, cops, firefighters, soldiers, mechanics, sanitation workers, doctors, managers, and visionaries. Their work is vital. I’ll even go out on a limb and say that we need politicians, attorneys, bankers, investors, and entertainers. In order to keep them productive, we must provide reasonable incentives. We need to compensate each by a fair measure for their actual contributions to society. We need to provide a reasonable scale of income opportunity for every independent adult, every provider, and share responsibility for those who have a legitimate need for aid. In order to achieve and sustain this, we must also address the cost of living and the distribution of wealth. Here, we have failed miserably. The majority have already lost their home equity, their financial security, and their relative buying power. The middle class have actually lost much of their ability to make ends meet, re-pay loans, pay taxes, and support their own economy. The lower class have gone nearly bankrupt. In all, its a multi-trillion dollar loss taken over about 30 years. Millions are under the impression that we need to create more jobs simply to provide more opportunity. as if that would solve the problem. It won’t. Not by a longshot. Jobs don’t necessarily create wealth. In fact, they almost never do. For the mostpart, they only transfer wealth from one party to another. A gain here. A loss there. Appreciation in one community. Depreciation in another. In order to create net wealth, you must harvest a new resource or make more efficient use of one. Either way you must have a reliable and ethical system in place to distribute that newly created wealth in order to benefit society as a whole and prevent a lagging downside. The ‘free market’ just doesn’t cut it. Its a farce. Many of the jobs created are nothing but filler. The promises empty. Sure, unemployment reached an all-time low under Bush. GDP reached an all-time high. But those are both shallow and misleading indicators. In order to gauge actual prosperity, you must consider the economy in human terms. As of ’08′ the average American was working more hours than the previous generation with far less equity to show for it. Consumer debt, forclosure, and bankruptcy were also at all-time highs. As of ’08′, every major American city was riddled with depressed communities, neglected neighborhoods, failing infrastructures, lost revenue, and gang activity. All of this has coincided with massive economic growth and job creation. Meanwhile, the rich have been getting richer and richer and richer even after taxes. Our nation’s wealth has been concentrated. Again, this represents a multi-trillion dollar loss taken by the majority. Its an absolute deal breaker. Bottom line: With or without economic growth or job creation, you must have a system in place to prevent too much wealth from being concentrated at the top. Unfortunately, we don’t. Our economy has become nothing but a giant game of Monopoly. The richest one percent of Americans already own over 40% of all US wealth. More than double their share before Reagan took office. The lower 90 percent of Americans own less than 25 percent of all US wealth. Still, the rich want more. They absolutely will not stop. Now, our society as a whole is in serious jeapordy. Greed kills.
Right on, for the most part. I think it's important to point out what "owning the wealth" really means. They are not in possession of the resources, the resources are in the most part in the hands of the majority. They are in CONTROL of the wealth. They make decisions who gets what. They decide what "jobs get created". Not because they are job "creators", but because they are job "allowers".
Gotta disagree with you on that one.
The richest one percent actually own well over 40 percent of all US wealth. The lower 90 percent actually own less than 10 percent.
The rest is held by the other 9 percentiles. This does not include government land.
Owning the rights on paper and having physical possession are two different things. Most of that wealth is just numbers in books which entitle them to resources as requested, and authority on decision making. They don't actually have near what we think they do.
Still gotta disagree. Actual assets.
Interesting. Can you provide links to the info that gave you that understanding? (Not that I doubt your word, but I'd like to be better informed since I apparently am not)
Just search for division of wealth and division of financial assets in America. There are a lot of reports over a number of years and they don't all match but the more obscene estimates for the latest years indicate well over 40 percent of all private wealth held by the top one percent. I tend to believe the higher estimates. Also, the masses are in debt to the tune of $2,000,000,000,000. Most of which is owed by the lower 90 percent.
1% Goon? hahaha You are too funny..
I don't read long winded messages.
Especially the ones that are copied and pasted in nearly every single thread in the forum.
Ya, especially those ones. It's sad the forum as become spammed in this way.
Agreed. I may say the same or similar things in my posts, but at least I try to make them relevant to the topic of the thread... Are there really no mods or admins on this site at all? I just went to another thread before your notification popped up and the top post was there too, third time I've seen it in a half an hour.
I heard the admins were having problems since some of their MacBook Pros were literally frozen.
Then don't read this one either.
MIAMI (CBSMiami.com) – Florida is touting the new jobs it created Friday after a positive unemployment report. But based on numbers from all W-2’s filed in the country, the wages simply aren’t keeping up.
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. 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 around 40% of all United States wealth. The upper class held around 30%. The middle and lower classes were left to share the rest. When the 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, the lions share of United States wealth was gradually transfered back to the middle class. This redistribution of wealth continued until the mid seventies. This was the recovery. A massive 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 lower 90 percent own less than 25 percent of all US wealth. 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.
No redistribution. No recovery.
Most people won't.
We'll just have to wait and see their complaints are just!