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Forum Post: Thank you to those currently Occupying Goldman Sachs

Posted 5 years ago on Dec. 5, 2012, 12:13 p.m. EST by therising (6643)
This content is user submitted and not an official statement

This is great news: http://www.occupywallst.org/article/goldman-sach-occupied/

These occupiers are vigilant. We should support them however we can. See opportunities for doing so at link above. Help speak out against an organization that has gotten away with stealing from its customers and harming people around the world for countless decades. Goldman needs to be held accountable. We should use all nonviolent means at our disposal.



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[-] 2 points by beautifulworld (22801) 5 years ago

I agree. These people are heroes. Many thanks and solidarity to them.

[-] 1 points by OTP (-203) from Tampa, FL 4 years ago

Goldman is robbing 85 BILLION a month.

Thats 28m per county, for every county, on a monthly basis.

Imagine what your country could do with 28 million a month.

[-] 1 points by therising (6643) 4 years ago

Man, when you put it that way, it really brings the problem into focus.

[-] 0 points by OTP (-203) from Tampa, FL 4 years ago

Myself and few others have found that when talking about Fed and bailouts, when the numbers are in the billions, and trillions, its hard for people to get a grip on the massive sum. And when its spoken on a national size of land, the same.

Breaking it down into monthly sums and decentralizing it to the county level allows for the average person to really appreciate just how much money it is.

[-] 0 points by VQkag2 (16478) 4 years ago

Goldman ain't getting 85B per month! Stop lying.

The truth is bad enough seems kinda lazy to resort to lies.

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 4 years ago

Goldman Sachs should have been the focus of OWS from the start (with Chase Morgan Stanley a close second).

Why the spring 2012 OWS focus was on Bank of America I'll never understand. The campaign went bust of course, because it wasn't the natural focus of mass anger. Goldman Sachs, the bloodsucking vampire squid of the world, is and was.

[-] 1 points by OTP (-203) from Tampa, FL 4 years ago

The vampire squid is robbing the country of 85 billion a month. Thats 28million per county. On a monthly basis.

Whats more insane? That, or the fact the people are fine with it?

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 4 years ago

It's called control fraud.

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 4 years ago

Why don't we just give them printing presses? Allowing them frontrun the market with supercomputer algorithms is absolutely insane and serves no greater economic purpose. They have a license to loot and pillage.

The people are snowed by the 6-corpoRAT media and their trained newsliars.

[-] 1 points by OTP (-203) from Tampa, FL 4 years ago

I think that these journalists are willing to ignore the truth and report nothing but crap shows the human nature in this country perfectly.

They know its crap, but their own personal fame and gain is worth it.

Not saying Im not guilty as well, but this trainwreck of a country isnt changing anytime soon.

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 4 years ago

A lot of them aren't journalists at all but paid and knowing propagandists. People are sensing this and ignoring the official media more and more.

This country had better change for the better soon or it will change for the worse for generations (at least).

"If you want a picture of the future, imagine a boot stamping on a human face forever."—George Orwell https://www.rutherford.org/publications_resources/john_whiteheads_commentary/fulfilling_orwells_prophecy_15_futuristic_films_you_should_see

[-] 0 points by OTP (-203) from Tampa, FL 4 years ago

I think that after this past financial disaster, that the people were still willing to vote for parties that are funded by the banks, is a clear sign its not going to.

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 4 years ago

It's a matter of education. OWS and other progressive outlets should keep the spotlight on the major criminals, Goldman Sachs and Morgan/Chase. Which are also the ones that riled the populace the most (w/ bonuses etc.) -- a movement cannot chose a focus, but must follow public anger. It seems the campaign against Bank of America was designed by fifth columnists.

[-] 0 points by VQkag2 (16478) 4 years ago

It is outrageous that these banksters get away with only relatively small fines! if that!

Like Sen Warren said "the same ones who wrecked our economy and destroyed millions of jobs—still strut around Congress, no shame, demanding favors, and acting like we should thank them"

We must agitate all pols to:

  • strengthen fin regs (reimpose glass steagal),
  • make it easier to prosecute individual executive fin criminals,
  • replace money stripped from DOJ to prosecute fin crimes,
  • encourage small community, not for profit, public banks.
  • Force big criminal banks to abolish high interest cr card debt for working class Americans.

And more!

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 4 years ago

Amen to your every point.

[-] 0 points by VQkag2 (16478) 4 years ago

Gotta keep agitating all pols. (conservatives are the biggest obstacle)

[-] 1 points by therising (6643) 4 years ago

It pisses me off too but I think there's plenty of hope. People just need more than us telling them what's wrong. Many of them get it. We need to communicate two things nationwide much better than we already have:

  • what to do about what's wrong and

  • where we could end up if we take those prescribed actions

In order to get motivated, people need a clear vision of where this is heading. We haven't provided a very clear view of that future we're working on. I'm not saying we did anything wrong in pointing out how fucked up everything is. That's exactly what we should have done and we have done a tremendous job of it, we need a lot more of that, in fact, for years and years with thousands of protests shining a light on the corruption. But I think we need to ALSO begin to mix in some prescription of what to do in the short, medium and long term AND also mix in some vision about what life will be like if we're successful.

Many of us are so damn close to this and have been working so hard at it that we get demoralized. Easy to do. And I don't blame us. Chris Hedges, Chomsky and others make it pretty clear what we're up against. But, we also have to remember that we're only 2 minutes into a 2 hour game. We just got started. And we've had a hell of a first 2 minutes! We went worldwide in a few weeks!

We can do this. And people are ready for a change. I'm as annoyed as you that things are quiet right now and that people seem to have forgotten what they learned last fall,,,,, but they haven't forgotten and it isn't going to stay quiet for long. . .

[-] 1 points by factsrfun (8780) from Phoenix, AZ 5 years ago

“Tax Rate Goldman Sachs expected in December 2008 to pay $14 million in taxes worldwide for 2008 compared with $6 billion the previous year, after making $2.3 billion profit and paying $10.9 billion in employee pay and benefits. The company’s effective tax rate dropped to 1% from 34.1% in 2007, due to tax credits and, according to Goldman Sachs, "changes in geographic earnings mix" thus reducing the company's tax obligation.[72][73] Many critics argue that the reduction in Goldman Sach's tax rate was achieved by shifting its earnings to subsidiaries in low- or no-tax nations. Goldman Sachs had 28 such subsidiaries at the time, including 15 in the Cayman Islan”



Truly a Banker for the Kings:

“High net worth individuals provide an important asset base for many banks, brokerages, and investment institutions. They represent a much higher asset-to expense ratio than smaller investors. Consequently financial institutions aggressively court them.”



Background from CNN: http://money.cnn.com/2010/01/25/news/companies/goldman_sachs_winkelried.fortune/index.htm

[-] 2 points by therising (6643) 5 years ago

Incredible. Thanks for posting this.

[-] -3 points by slizzo (-96) 5 years ago

It is amazing isn't it? How we let politicians who write laws that allow this to happen and continue to reelect them is the definition of insanity. You can hardly blame the company for following the laws that the politicians write, as they need an army of lawyers and accountants to understand them as it is. This is why both parties suck and both parties are attached to the corporate groin by their eversucking mouths.

Politicians write the laws. They are in charge of this. Be angry at them, not the people who are doing exactly what everyone would do given the same situation.

The implication that the company is at fault here for following the laws that the politicians wrote is so childish.

[-] 3 points by therising (6643) 5 years ago

That's just silly. I don't think you really believe what you wrote above. You of course know these business people should be responsible for their actions and you of course know that it's corporations right now that are calling the shots because they own the politicians. You know those two things are true. You're either a really lame troll or a citizen with misdirected anger.

[-] 1 points by factsrfun (8780) from Phoenix, AZ 5 years ago

"What's in a name?" sometimes quite a bit......



[-] -3 points by slizzo (-96) 4 years ago

businesses do not write laws. they do not hold a gun to your beloved politician's heads and force them to sign bad laws. business does not swear an oath of office, to defend the Constitution and uphold the law.

politicians do. and then they fail, ows types blame business instead of those fully responsible.

"misdirected anger" - unintentionally hilarious comment of the month!

great job, statist. in your world, apparently, politicians and govt can do no wrong. everything always is the fault of those not beholden to the people. how ridiculous!

[-] 2 points by therising (6643) 4 years ago

Man, you're really out there. Are you not aware of ALEC? The most recent legislation going after unions in Michigan was taken almost word for word from ALEC. Do you know what ALEC is? Here. check this out and then talk to us about this topic http://www.alecexposed.org/wiki/ALEC_Exposed

[-] 2 points by DKAtoday (33309) from Coon Rapids, MN 4 years ago

ALEC is a business - and writes lots of laws - business's don't hold a gun to politicians heads ( do they? ) just money - Right? Well maybe an incarnation of black-water will hold a gun to a politicians head.

[-] 0 points by factsrfun (8780) from Phoenix, AZ 5 years ago

I don’t encourage anger, as a parent I realized that I could not correct my child from a place of anger, but effective, firm corrections delivered from a place of reason was the only way to have influence over his behavior. I think the same is true of the banks, we need clear firm rules so they don’t get themselves or us into trouble.

[-] 0 points by hchc (3297) from Tampa, FL 5 years ago

Hell ya.

[-] 3 points by therising (6643) 5 years ago

They're doing the hard work.