Occupy Wall Street Goes Global


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It may be easier to identify their political allies, or at least the politicians who are attempting to co-opt the movement. “I support the message to the establishment,” said House Democratic Leader Nancy Pelosi (D-CA). “The protesters are giving voice to a more broad-based frustration about how our financial system works,” said President Obama. Robert Mook of the Democratic Congressional Campaign Committee (DCCC) has sent out a fundraising email titled “I Stand with #OccupyWallStreet,” asking people to “let billionaires, big oil and big bankers know that we’re not going to let the richest 1% force draconian economic policies and massive cuts to crucial programs on Main Street Americans.” Congressional Progressive Caucus (CPC) Co-Chairs Reps. Raúl M. Grijalva (D-AZ) and Keith Ellison (D-MN) also expressed solidarity with the movement, noting that they “share the anger and frustration of so many Americans who have seen the enormous toll that an unchecked Wall Street has taken on the overwhelming majority of Americans while benefitting the super wealthy.”

Unions are also in on the act. The Service Employees International Union (SEIU) released a statement in support of the movement. “Wall Street CEOs not only crashed our economy and demanded billions in taxpayer-bailouts–they destroyed the jobs and livelihoods and took the homes of millions of Americans. It’s time to force Wall Street to pay for the jobs our country desperately needs,” it read in part. AFL-CIO President Richard Trumka went to Wall Street to talk with protesters, and Lee Saunders, secretary-treasurer of the American Federation of State, County and Municipal Employees (AFSCME), attended protests in Washington. The Teamsters have officially endorsed the movement as well.

And then there’s ACORN. Judicial Watch has discovered that the corrupt leftist organization with political ties to the president has re-organized and re-branded itself as New England United 4 Justice. It has been directly involved in the Take Back Boston part of the Occupy movement, attacking banks for pushing “bad loans on people of color and the poor.”

On Sunday the President Obama spoke at the dedication of the new Martin Luther King, Jr. memorial. Part of that speech indirectly addressed the Occupy Wall Street movement. “If [Martin Luther King] were alive today, I believe he would remind us that the unemployed worker can rightly challenge the excesses of Wall Street without demonizing all who work there,” he said. It is worth remembering that the president himself has demonized bankers as “fat cats,” even as it has been revealed that he took more money from Wall Street than any other politician in the last 20 years.

Yet more importantly, while people can challenge Wall Street excess without demonizing those who work there, that’s not what is happening at all. Demonization is the essence of the OWS movement. Demonization is precisely why the continued use of the phrase “99 percent versus 1 percent”–an utter lie whose percentages wouldn’t align with even the most slanted survey of Americans–becomes critically necessary.

An “enemy” comprised of the richest one percent of the population–minus “certain” one percenters such as leftist billionaires George Soros and Warren Buffett, leftist Hollywood millionaires, and other assorted wealthy progressives–purportedly making life miserable for the other 99 percent eliminates the necessity of dealing with the reality that economics is far more complex and intertwined than the OWS movement would like it to be. What it does do however is align itself perfectly with radical organizer Saul Alinsky’s Rule Number 13: “Pick the Target, Freeze It, Personalize It and Polarize It.”

Mindless polarization is a far easier concept to get behind than inconvenient truth, such as the reality that for every “evil” banker who sold a “predatory” mortgage, there was someone willing to buy more house than he could possibly afford. Or the fact that many unions have been more than willing to allow thousands of their own members lose jobs in order to secure raises and better benefits for the remaining workers.

Neither of those particular realities, along with countless others, fit the OWS narrative, nor are they ever likely to. While some of the OWS demands may yet be amorphous, the parts of heroes and villains have been created and cast. The eventual outcome is pre-determined as well. Despite all protests to the contrary, there is only one economic system that can bring the world from the brink of economic Armageddon back to prosperity: free-market capitalism, in all in unequal glory. A movement that seeks to kill the proverbial golden goose–under the banner of social justice no less–cannot sustain itself indefinitely. Even urban campers need someone to make their tents.

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  • drliamfox

    Power to the People!

    • SHmuelHaLevi

      To do what?
      The Soros – Soetoro anarchists tried the process here and were cornered like rats and eventually dispersed.
      If they again try, they will not be faced with deprecating smiles….

      • drliamfox

        To throw out the greedy, selfish, I-only-give-a-crap-about-myself bankers.

        • SHmuelHaLevi

          Remarkable and fair intent I guess in the minds of lack thereof of some folk.
          And who, what is going to take their place to manage the huge US economy?
          Uneducated mobs that cannot hold a job on their own merits?
          I am ready to listen to real workable options and keep the silly slogans.
          They do not impress anyone.

          • Murray Schwartz

            The system is broken, here's how we fix it. Don't tinker with ringfencing banks. Break them up as the first step to creating an effective local lending infrastructure. This is not pie in the sky. This is what the German banking system looks like. Its local public savings banks have supported small businesses and ordinary people throughout the recession, where big banks run away at the first sign of trouble.

        • mrbean

          Hmmm…. and then rip off all the money from the rich and put them in reeducation camps right Comrade for the great glory of Chairman Obama.

    • Stephen_Brady

      That's why we're throwing Obama and his merry band of NeoCOMs out of office, next year. We are the people, and you hate the fact.

      Get off my lawn, smelly hippie …

  • proxywar

    Hey, Arnold Ahlert have you seen this piece of moral relativist propaganda? This seems to be what the occupy wall street movement was all about from the start: http://front.moveon.org/the-most-powerful-occupyw

  • http://jewishdefense.org AJ Weberman

    This is a result of Bush using TARP funds that are taken from taxpayers and using them to pay the high salaries of financial executives. The Teaparty is on the same page with this however they believe in creating new wealth rather than re-distributing what is already here.

    • mlcblog

      very astute, very succinct Thank you.

  • Steve Chavez

    This is a WAR ON SUCCESS vs. jealousy on what they don't and can't succeed in and then blaming everyone but themselves!

    This is a WAR on work ethics and hard work to make enough money to buy what you want, when you want, and how big you want vs. no work ethic, no job skills, not getting along with co-workers, ESPECIALLY NOT BEING ABLE TO BE BOSSED AROUND BY AUTHORITY LIKE SPOILED RUN-AMOK BRATS whose parents have a hard time controlling, and no work at all to instead live off the government and then always bitterly thinking you deserve more!

    This is a WAR on worthwhile college degrees vs. WORTHLESS degrees like Peace Studies, Art, Woman Studies, Sociology, Philosophy, History, Poetry, Chicano Studies, Political Science and all the others that surely don't lead to any outside the university system jobs unless they are stepping stones to something like becoming a Lawyer like we need more of those scumbags on Earth! IT'S ALSO NOT OUR FAULT that these losers and DROPOUTS spent their time PROTESTING, and barely getting B.U.S. degrees, during their college years instead of STUDYING something useful and logical and getting good grades on their lifelong TRANSCRIPT that leads to that good job! If they took out loans for one of these WORTHLESS DEGREES, IT IS THEIR STUPIDITY NOT OURS!!! If they default on their loans, they'll ruin their already pathetic life!!!

    HOW MANY WORKING PEOPLE IN THE SURROUNDING BUILDINGS? THEY ARE THE 99% WHO WANT TO BETTER THEIR LIVES! THE PROTESTERS ARE THE 1% of 1%, aka, LOSERS!

    • Murray Schwartz

      easy on the caps lock moron. You clearly care about no one except yourself. These people are trying thier best to stand up for the common man and woman who are fed up with being robbed by the those with money every day and who feel powerless to do anything about it.
      Your answer is ..if you can't beat'em, join'em. You're a quitter instead of a do-er. You're a couch-potato instead of a changer. To put it in simple terms that even you could maybe understand.. during the War of Independance you would have sided with the British because you were too lazy and dumb to join the revolution.

      • jacob

        Mr SCHWARTZ :

        With all due respect, please allow me to tell you you are so full of you-know-
        what, the whites of your eyes are also BROWN….

        It will pay for you to remember, that when MCCAIN proposed a law to rein in
        FREDDIE and FANNIE abuses, the first opponent was no olther than then
        Senator OBAMA and he must have had some damned good reasons to
        oppose it…

        And as to Wall Street dealings, who the hell was supposed to watch over it?
        Me or the government ?????

        Because if it has to be ME, who the hell needs a government and its parasites??

        • Murray Schwartz

          …and your point is? Bring on the revolution buddy!!! The current batch of politicians are a pack of liars and bandits… just like the guys before and before that..and before that.

          Sack the whole lot of them!

    • mlcblog

      When I think about the wonderful system of self-government that our forefathers left us (if we would just step up and teach our children!! as well as lead morally upright, not perfect, just reasonably upright lives) and I contrast that with the prospect of us becoming subservient to these uneducated, filthy, dolts, I just want to scream.

    • Oleg

      Many of those degrees are only worthless because the instructors or professors are feeding their students worthless information and idiologically slanted propaganda that they are then expected to regurgitate. Art, for example, can be quite useful if it is used towards something like designing or styling products, many artists (the competent ones) can actually make a livelyhood from their work without a government handout.
      I will agree that the courses and degrees that end in "Studies" are usually worthless, you will find that most were created and lead by Lefty activists. There is one such course at a university near here that is lead by an AlGore groupy named Andrew Weaver, called "Climate Policy Studies" , it has nothing to do with science or studying the climate just to ferment crackpot Soviet style government industrial policies. He and his entire program should be sacked and left on the ash heap of history.

    • pappy86us

      Dude, you said it so right! I blame our monkey in chief for this mob in NYC. POTUS has divided this country like no other President has in our short history. The funny thing is that 90% or more of those losers voted for BO. I guess they forgot that the Republicans didn't want to bail WS out. In addition, most of the WS "FAT CATS" donated more money to the Democratic party then the Republican party. Also, if it wasn't for Capitalism George Sorros ( may he die of a heart attack tomorrow) wouldn't be able to fund the OWS losers.

    • http://smu.gs/jvzZxu winston

      Clearly you need to take another look at the issues.
      This is about corporate control of our judges and politicians. Of the behavior of American corporations here and abroad. -Or dont you know that Coca Cola in Colombia has union leaders shot dead on a regular basis? Or that oil companies are destroying parts of the Amazon ? (Watch: 'Crude' ) If you believe that that we still have a 'Government for and by the people…' and that corporations and banks are paying their fair share, that no one should be held accountable for gambling away countless people's life-savings after deregulating the banks.. Or the FED continually devaluating our currency because it is printed up out of thin air 'as needed.' If you're not troubled that a republican administration doubled our National Debt in 8 years to nearly 8 trillion dollars, took us into 2 wars based on lies and deceit (9-11 & wmd's) for the sake of corporate profit, or that the man whose one mandate was Change simply continued along the same path. .then you're right; you;re the genius, there is nothing wrong, this is all about petty jealousies and you should go about your own business because after all none of this has anything to do with you or the kind of country and world youre going to leave your children. Good luck with that

  • Steve Chavez

    Never, I MEAN NEVER, count out the COMMUNIST PARTY USA, their fronts, their Peace and Justice Centers, and their massive machine that has taken over our universities where their sixties radical professors brainwash our young and naive students who are then recruited by the CPUSA fronts to become professional protesters instead of professionals on Wall Street! Without the CPUSA, there would be no Moveon.org, ANSWER, United for Peace and Justice, Code Pink, Democrat fronts, and George Soros fronts whose members are directly, and indirectly, connected to the above named groups and at one time or another, were members of a CPUSA front including many in Congress who were, and are, in these fronts too!

    The ROOT of all this decades old HATE/BLAME AMERICA is the COMMUNIST PARTY USA and Obama, Rev. Wright, many in Congress, are their dupes!! The CPUSA were the most BITTER of all the world's Communists when the Soviet Union, a country they loved more than their own, FELL! They support Hamas, Gaza Flotillas, Hezbollah, Castro, Chavez, Iran, Syria, Iraq insurgents, or their "real freedom fighters" who are killing our soldiers!

    I CAN GUARANTEE that elements of the COMMUNIST PARTY USA have a hand in this and they are teaming up with Democrats and their boss, Barack Obama! Pull off the PC gloves! America's future is at stake!

    "Overthrow of the United States through force if necessary! Brother against Brother!" I then asked the person who said this how they were to accomplish that and he said "We'll fill the ranks of our army with the unemployed and the homeless!" (George Meyers, Chairman of the Labor Department of the Communist Party USA!)

    • Murray Schwartz

      You weren't in Norway recently were you? LOL! cookoo!!

    • http://jewishdefense.org AJ Weberman

      dont forget national lawyers guild and Center for Constitutional Rights.

      • Murray Schwartz

        ..and the mormons!

        You have a point. i've recommended that once the United Revolutionary Front takes power, the first thing task will be to shoot all the lawyers.

  • StephenD

    So, do the OWS folks have a spokesperson? After all, if 99% of the people are included, there MUST be someone that can represent them. Now then, would that someone mind articulating exactly what they want? So far I hear "Make Wall St. Pay" and "Capitalism doesn't work" and other such slogans. What exactly do they want as a resolution? Do they want to hang investment bankers? How about tar and feather politicians? Suppose we do all these things; then what? What do they want in it's place should "capitalism" (Free Market System) be destroyed? When the bankers are gone, who does the work of making loans, assessing collateral, etc.? (cont'd)

  • StephenD

    No, these folks don't want change for the good they just want to destroy what exists. That tells me there is a force behind this. I suggest it smells like Communists. Anarchy is their first weapon. Violence must needs be next. It is the responsibility of the Federal Government (and this scares me) to maintain the social order. I suspect some may look forward to even that as a good thing. Allowing the President "for our own good" to declare Martial Law and suspend our Constitutional rights for a time. Why let a good crisis go to waste? With Obama in the W.H….wouldn't THAT be a hoot?

  • Steve Chavez

    The CPUSA wants to create the conditions for a CIVIL WAR, "Brother against Brother," with hopes anarchy leading to the DOWNFALL of the United States as revenge for the downfall of the Wall, Iron Curtain, and their beloved Soviet Union, who our CPUSA has always followed and who will follow today!

    KGB Putin is still directing this overthrow and using our willful American dupes and dopes to accomplish what I call "Putin's Revenge!" Putin is aiding Iran who then aid terrorists around the Middle East. Iran also sends IED's to Iraq and Afghanistan. You must also remember that we aided in the Soviet defeat in Afghanistan so now they aid any group or country that seeks our defeat in the whole Middle East with "wiping Israel off the map," as the icing on the cake!

    WAKE UP! OUR COMMUNIST PARTY USA IS THE ENEMY WITHIN AND OBAMA, AND HIS "CIRCLE OF COMMUNISTS" ARE THEIR LEADERS!

  • Murray Schwartz

    The only surprise about OWS is that it took so long to happen. As Basil Fawlty might have put it: "I crashed the global economy once, but I think I got away with it."

    So why won't popular protests go away? Here's why: No calling to account of those who drove the ship on to the rocks. No assertion of the public interest over financial markets. No subordination of banks to the needs of the real economy. No politician who dares face down global finance. No challenging of the defunct dogmas of neoliberal economics. No attempt to reverse the breathtaking wealth grab by the 1% at the expense of the rest.

    • mlcblog

      My bet is that Americans will not go for it in numbers large enough to make the change (revolution) you guys say you want. I think your cause is going to fail due to lack of popular support. We'll see. You certainly have a lot of news media going for you (propaganda wins the masses). Interesting times we live in.

    • pappy86us

      Schwartz… sounds Jewish. Sad, very sad that you would follow those people. Those same people that also hate Jews…. I do not get why some Jewish people side with radicals hell bent on destroying the US and Israel.

  • Murray Schwartz

    Why should we be surprised that these protests are springing up, and why should we expect them to dissipate until these failures are addressed?

    The global protest movement that started on Wall Street chose its nexus well. The current crisis of public and private debt, of unimaginable wealth for the few in the midst of falling incomes and economic insecurity for the many, springs directly from the 2008 financial crisis and the decades of deregulation and neoliberal orthodoxy that led us here.

    Massive injections of public money three years ago saved the system without fixing it. A financial crisis was transformed, through bailouts, into a crisis of sovereign debt. That sovereign debt crisis is now leaking back into the financial system. Financial collapse threatens further bailouts. Public and private debt crises are intertwined.

    Austerity measures are unable to break the deadlock, and in fact can only accelerate a downward economic spiral. New ways of thinking about the economy are urgently needed, that challenge the primacy of financial markets and debt-fuelled growth.

  • Murray Schwartz

    The system is broken, here's how we fix it. Don't tinker with ringfencing banks. Break them up as the first step to creating an effective local lending infrastructure. This is not pie in the sky. This is what the German banking system looks like. Its local public savings banks have supported small businesses and ordinary people throughout the recession, where big banks run away at the first sign of trouble.
    Don't create new money just to feather-bed bankers and enrich the wealthy. Create new money to create new jobs and new wealth. Use quantitative easing directly to fund the renewal of our infrastructure, to build the new green economy, eradicate fuel poverty, reskill the unemployed and tackle the climate crisis at the same time.

    Don't let people become the slaves of distant creditors. It's time to talk of a massive relief of debt. The problem is not really the public deficit that so obsesses politicians, but private household debt and the daunting treadmill that awaits a generation of young people burdened by student fees, relentless rents and a housing market that is still in the realms of fantasy.

    • mlcblog

      It's not broken. It is simply not perfect, but our American system continues to offer the most happiness, peace and prosperity than any system ever devised. I do not expect you to agree with me, as we have deep differences of opinion. No need to refute. We are both sure of our positions.

  • Murray Schwartz

    Don't wait for money to trickle down. Experience shows that, left to its own devices, it will flood upwards. We can start by setting up local barter currencies in every city that help new enterprises use wasted land, buildings, resources and people. Ultimately we need more dispersed ownership and control of the nation's natural, human and financial capital. We need to restore large sections of the financial industry to the mutual ownership that served this nation so well until the scandalous smash-and-grab raids of demutualisation since the 60's

    In short, we need to reassert the public interest. It turns out that, as a governing principle for the financial system, greed is not good. Financial plutocracy must give way to financial democracy – banking as if people mattered.

  • stern

    Murray Schwartz, you certainly have a lot to say. I wonder how much you're prepared to do? I was talking to my highly idealistic 26 year old son yesterday and he had nothing but scorn for the Occupy folks. His suggestion: instead of ranting and raving, why don't they go and do? As a Canadian who has travelled this country widely, he told me that there is no shortage of self-sustaining communities here, especially out West. These folks are proving to themselves that things can be different. Rather than tear down, they're building up. Worth a try, huh?

    • Murray Schwartz

      Inherent in your comments is the belief that you only look out for yourself. Screw everyone else. The protesters don't believe that. They want to change all of society and it's current structure… and not just go off and do thier own litle thing in a corner somewhere. The protest is about giving power back to the people where it belongs….with the weak as well as the strong…. the poor as well as the rich… the quiet as well as the loud. We're talking about a revolution.

      • stern

        Remember what happened after the last revolution? it was called the USSR, and unless you were a party aparatchik, life was not very pleasant, especially for the poor and the weak.. And a self-sustaining community is anything but selfish. The people within the community care about and for each other. Repeat: this is not my solution, but my very idealistic son's. The difference between him and you is that you have no positive ideas to propose. All you want to do is destroy, with nothing concrete or workable planned to replace the system you despise. My son has made a suggestion that is not only workable, but is working in some small communities.

        • Murray Schwartz

          You must be a big fan of totalitarianism and dictatorships yourself. Your heros must include the russian czar, the shah of iran, british rule in the US, the French kings, battista in cuba, quaddaffi, marcos in the phillippines, hosni mubarek, the russian communists up to 1989, the kymer rouge, the military junta in Burma, ..and so and so on….

          How long did it take between starting the American Revolution and the constitution being in place?

          • stern

            And exactly how did you arrive at a list of my supposed "heroes"? Anyone with half a brain would have deduced from my posts that my proclivities lean in completely the opposite direction (Yes, I'm hoping to drive you towards a dictionary – if you can read, that is. I'm beginning to suspect that you have somebody else read and write for you, because you appear incapable of reasoned, rational thought).

          • Murray Schwartz

            Read your previous post.

            So explain what you meant by… remember the last revolution. You seemed to be implying that revolutions were a bad thing.

            To be honest… I'm not sure what you meant by the 'last revolution.' was the overthrow of the czars your last revolution in your recollection?

          • stern

            And you appear to be saying the Stalin was a good thing?

          • stern

            Or Khomeini?

            If this is what we can expect from your revolution, heaven help us.

          • Murray Schwartz

            LOL… all I'm saying is that there are times when change is absolutely necessary. The Russians got rid of the czars and ended up getting rid of the communists in a further change. Was that a bad thing?
            Was George Washington not a revolutionary? Did he have everything planned out, agreed and communicated before he started out? No. but he knew he had to turn everything on it's head and chuck the english dictators out. The guys and gals protesting now are in a planning phase. And it might last a long time… perhaps as long as it took Washington and his gang to win the war and draft the constitution.
            The current system can be replaced by something better. Give them time.

          • stern

            The Russians only had to live with communism for just over 80 years. So what would you propose we live with after you've torn down capitalism, while you take the time to plan something different – whatever that may be?

          • StephenD

            Murray, your analogy is lacking because G.W. revolted against a monarch not a republic in which there are avenues of redress for grievances.

          • intrcptr2

            Hmmm, actually they did. And George was a soldier at this point, not a political leader.

            The 2nd Continental Congress was the one that drafted both the Declaration of Independence AND the Articles of Confederation, nearly simultaneously. The British and the Boston militia were already shooting at each other. But until the early summer of '76, the voices of conciliation were still quite strong. But they most assuredly knew what they sought, and were quite capable of explaning it.

            You might do to remember that these men were the 1%s against whom the OWSers rail. For anarchists, common criminals, and Commies to claim Jefferson, Franklin, Rodney, or Adams as their own is laughable and evidences the exact sort of ignorance that convinced those men that "the people" were not to be trusted with governing.

          • trickyblain

            "The Russians got rid of the czars and ended up getting rid of the communists in a further change. Was that a bad thing?"

            That depends on your definition of "bad." If you consider starving, being killed in a purge, being sent to a gulag, waiting for hours to get toliet paper and bread or, if you're lucky, just living in a horrid, squalid industrial-gray environment as "bad," then yes. It was a bad thing.

          • trickyblain

            And when you say "can be replaced by something better," would you care to be a bit more specific? I mean, other than shooting all of the lawyers?

          • intrcptr2

            Ehn, been done, doesn't work.
            http://www.spectacle.org/797/finkel.html

          • intrcptr2

            He wrote that the USSR resulted from the "last revolution"; so, since you can't figure it out, allow me to spell it out; he means the Communist Revolution of 1917, and it was most decidedly a BAD thing.

            I suspect stern is not ignorant of the rest of 20th Century history. But any course in Western Civ tends to pay attention to only three, because of where and when they took place, and their long-term effects.

            And it was not the Commies who overthrew the Czar. The Reds staged a coup against the liberal government, which had replaced the Czar in the spring, largely because Karensky wantedto continue the war against Germany. The workers had already been worked into a lather, and the soldiers were on the point of mutiny after spending nearly three years losing to the Germans and Austrians.

            30 million Ukrainians later, the Germans came back, and the Russians escaped by the skins of their teeth. I'd call the 20s and 30s over there pretty bad.

          • intrcptr2

            14 years, smart guy.

            And we created the Constitution because the oligarchs who told George III to buzz off, needed only about five years, after the end of the war, to realize that the central government needed to be more powerful compared to the states, because democracy DOES NOT WORK.

            The folks who cheer, holding all this up saying, "This is what democracy looks like!", are absolutely correct. The irony is that we are witnessing a proof-positive demonstration of why we do not have democracy in this country.

          • trickyblain

            I'm usually on the other side of things here, but I must say you are spot on^!

      • intrcptr2

        I'm going to go out on a limb here and guess wildly that you didn't purchase your computer with cash; so please, shut up.

        stern's son was speaking about "self-supportinng communities", not rugged individuals.

        And no, you are not speaking about a revolution, you are mouthing the words of transformation, without a clue of just what is wrong, nor how to fix it.

        I spent a little time yesterday at City Hall in Philadelphia listening to a Temple University prof blathering on about a good many things. I found it odd that he was seated, and I am rather amused by the new, silent applause they have worked up. But when I first got there he was lecturing about the timeless racism inherent in the moves by many states to ensure election integrity by demanding that voters have state issued IDs. I refrained from interjecting myself at this point. Let it suffice that not one minute later he had utterly washed out his entire position (That America is pitiably deficient compared to European countries, because they generate voter rolls and if one does not find one's name, a state-issued ID is necessary to get added).

        The question I wanted to ask I will pose to you; if we are going to demolish corporatism/capitalism (Thus pretty much eliminating a good many of the jobs that require higher education), AND we already have a huge glut of college graduates, why do we need free colleges?
        Painting "Free tuition!!" on a poster looks and sounds really great. But without any real idea where to go from there, or even a good reason for going there, all this is just a glorified circle jerk, pardon my English.

        • Oleg

          I think that I should interject here to clarify, corporatism is NOT capitalism, it is an situation where government intervention has corrupted capitalism and it is the root of many of our problems with the financial system in the Western world today. While both have entities called "corporations" corporatism differs in that business is either financed or insulated from financial risks, or losses, by government funds or offeres of government funds. In addition to this the government, to supposedly protect their investments, will often legislate or regulate away competition to the enterprises which they finance.
          Not only do these things distort the market but it leads to corruption in government, if someone wants financing just wine, dine, and donate to the right politicians, a prime example of this is the growing Solyndra scandal. The capitalist free market system is about taking and accepting risks, if you can gather the capital to start a business, or invest in one. and succeed you should reap the rewards, if that business fails you try something else, under corporatism government short circuits this process. I can well understand the opposition to corporatism, this was one of the many grievences that sparked the Tea Party movement.

          • intrcptr2

            I am aware of a distinction between the two, which of course is why I put it this way; I suspect the percentage of OSWers that get this is lower than the prime rate.
            At the same time, though, nobody wants a fully de-regulated, meaning UN-regulated capitalist economy (Such is technically impossible when using government money, anyway). The Dems and Reps differ only in what is regulated, how much, and why; taxes tend to get caught up in these arguments because they are a quick and dirty way to regulate things, rather than actually hiring inspectors and such and empowering them to do their jobs (Teddy's big idea, the FDA, was stillborn because of Congressional double-dealing over the enforcement of regulations).

            As well, I think there are a good many Americans who are ignorant to their own economic history to be unaware that this "hijacking" of the economy is nothing new. My highschool textbook called them robber barons. Sadly my textbook also counted Vanderbilt and Rockefeller in with Gould and Fulton.

            What troubles me is that so often the solution to "corporatism" (So-called because the practices pre-date the American corporate structure) have managed to disrupt the boom-bust cycle of the free market. Just to be clear, especially for the trolls, I am not exalting the days when 30% of the country had no work, nor am I saying that such dislocations are to be sought after. What I see in the pages of history is market regulations that themselves, while attempting to forestall busts/recessions/depressions and insulate people from their effects, function in a way to maintain the concentration of wealth, to a degree. Also be aware I am not making a class-based argument here, socio-economic mobility is still higher in this country than most any other.
            In a "democratic" polity such as ours, we should exercise our decisions to ameliorate the ravages of bad economics. Unfortunately, we no longer have professionals and statesmen representing us, or when we do, they are lambasted in the various media, including the college classroom, as being dupes or figureheads who are there solely to perpetuate the oppressive class war. What we have is sophists (And bloody pitiful ones at that), hypocrites (Obama hates Wall St greed??!), and thieves smiling at us while screaming we should be giving their paying supporters more.

  • http://www.contextflexed.com Flipside

    This is about hard working business math geniuses and their well-earned bailout money vs. the lazy, stupid, angry, and ignorant scum who paid the money and now have the nerve to ask for a functioning economy.

    • stern

      But they're not "asking for a functioning economy". See Murray Schwartz above. They're asking for a revolution and they have no idea what will replace the system they're railing against.

      Look, if I were an American, I would not be too happy about the way the banks and the government have been behaving either. But I'm a Canadian, and here, good sense has prevailed to a large degree. The people protesting in Canada are not only having trouble finding something to protest about, they're having trouble finding a place to protest.

      As for the US, I understand that new laws will soon be passed to prevent a repeat of the meltdown. Sounds to me like that's a pretty sensible approach.

      • Murray Schwartz

        Sounds like you're advocating more of the same, I'm-alright-jack-screw-everyone-else, highway robbery by the banks, corporations and politicians.

        hopefully those days will soon pass.

        • stern

          Actually, no, I'm not. I'm advocating Canadian-style capitalism, where the banks were not encouraged – in fact, obligated by law – to provide home loans to people who did not qualify for them. The Canadian economy has survived better than any other, but it, too, is now in danger thanks to the excesses of the Europeans and the Americans.

          What's your point of view on the difference between the American system and the European, presuming, of course, that you realize there is one?

          • http://www.contextflexed.com Flipside

            Before all that, there were banks lending money to people who could barely afford it. I don’t buy into the idea that it should be permissible for partially owned FGCs to cause inflation for food, clothing, shelter, and fuel that is based on loan capital. Bank interest on deposits and CDs evaporated years ago. People even in the upper middle class are sharecropping for basic necessities while television pundits attribute it to supply and demand instead of market manipulation. It wasn’t merely overborrowing by the insolvent that caused the crash. It was the global consolidation of central banking wealth. A new global system of government is being made that is non-electoral. This is why so many people are mad.

          • trickyblain

            Your answer is clear– a good explaination of very legitimate greivences . But I fear that many, if not most, of the protestors could not articulate exactly why they are out there and that damages the message.

            Cindy Sheehan was arrested yesterday in a protest here in my home town. Once she shows up, the protest has officailly jumped the shark.

          • http://www.contextflexed.com Flipside

            My view is that we should be forthright and admit that we are in a managed economy and that although we are not pegge to the European Exchange Rate Mechanism, our financial chairmen have opted-in to a low bandwidth and are fixing the dollar low using fuel price.

  • fisherKing

    It's comical reading the Fox News ticker while watching interviews of these protestors. You will have some skidmark in New York saying the wealth distribution in America is evil while the ticker reads "Raid on the ultra violent Mexican drug cartel free over 60 men held as slaves."

    Bottom 99% of the wealth in the West, top 8%of wealth in the world and 100% of current boorishness.

    • drliamfox

      What's really comical is that you watch Fox news!!! What an idiot! LOL!!!

      • intrcptr2

        So what say you to the content of his comment; that being, while coddled Americans of various persuasions are stamping their feet, and getting an odd sort of welfare for it, the US military is grappling with the Mexican drug empires (Yes, indeedy, we should certainly stop funding the war on drugs, NOW!!), and freeing SLAVES!

        I am sorry, but no matter who tells me about such things, police discovering a whole cache of slaves, and rescuing them, is infinitely more compelling and important than poorly educated college kids utlizing the bounty of a "free" market to dress up as zombies a few weeks early while sleeping in a mass produced tent and blogging about it all.

  • M Rabinowitz

    Like the hard hitting journalism of Frontpage, the biting features and the important stories you won't see elsewhere in the mainstream media? You can make sure we continue to take you where no other magazine dares to go.

    Help us by making a tax deductible contribution today and receive the Frontpage Weekly Digest free for one month.

    Who would be stupid enough to finance this website. I mean what kind of an out and out moron would give money to these clowns? It's almost too funny to think about.

    On a serious note, the pitch talks about journalism and important stories. If i was horowitz or that idiot spencer I'd be worried if anyone from the advertising standards regulator stumbled across this trashy site. They could end up closing down this racket of thiers.

    • stern

      Here we go again. Free speech for me, but not for thee. Heck, M. Rabinowitz, if you don't like it here, there's a very simple solution. Stay away.

  • mrbean

    BEIJING (AP) — China's foreign ministry said Monday the Occupy Wall Street movement highlights issues that are worth considering, but that debates generated by the protests should promote global economic growth. Ahhhh…. of course Comrades, after all, it says so in Mao's little red book.

  • Brain

    By semi permanent campsites, do they mean until the harsh winter comes and they have to go back home and leech off of their families once again.

  • RobertHall

    I suppose it is comforting to know it’s not just the US that has raised a generation of idiots. Most of the OWS crowd couldn’t organize a two-car funeral. They are totally ignorant of economics, and couldn’t reason to step two of the results of their demands to save their lives. This is the failure of American Education made flesh. Since Occupy Wall Street wants to forgive all debts, if it looks like they will win, I’m going to max out the credit card. On ammo. I think this is the start of the entitlement riots I’ve been predicting for some time, because government cannot possible redeem its trillions of dollars in pledges. I will link to this from my Old Jarhead blog.

    Robert A. Hall
    Author: The Coming Collapse of the American Republic
    (All royalties go to a charity to help wounded veterans)
    For a free PDF of the book, write tartanmarine(at)gmail.com

    • howdydoody

      they seem to be pretty good at organizing…. so you're wrong.

      • intrcptr2

        "I'm having a party! Come on out." is NOT organizing.

        • stern

          Kudos to Robert Hall for the "two-car funeral" bit and to intercprtr for this wonderful reply. I just love the smell of lefties burning their brains trying to manufacture a comeback.

  • GadsdenGurl

    Same old culprits from 1968 are behind this communazi hate fest! Smells like 1984…

    • howdydoody

      The first ones the Nazis went after were socialists and communists, get your history and facts straight…

      "First they came for the Socialists, and I did not speak out — Because I was not a Socialist. Then they came for the Trade Unionists, and I did not .."

  • sedoanman

    “…attacking banks for pushing ‘bad loans on people of color and the poor.’”
    This is absolute insanity. It’s not the lender who makes a loan bad; it’s the BORROWER who doesn’t make the payments.

    This movement is taking on all the characteristics of the Nazi movement in 1930s Germany: battling it out in the streets; find a scapegoat to demonize. Are they next going to call for another Kristallnacht?

  • howdydoody

    No Business As Usual, until the Wall Street firms and the Banks give back the bailout funds, freeze bonuses, and face justice.

    • tagalog

      Aren't they already in the process of paying back the bailout funds, with interest? I thought the federal govenment was showing a profit on the auto company paybacks. Why should a private business have to freeze bonuses? What justice are you suggesting they face?

      If you don't like the bailouts for the financial brokers, why aren't you protesting President Obama and Congress? All the corporations did was take the handout that was offered to them instead of going into Chapter 11 bankruptcy and reorganizing their businesses. Instead the government gave them taxpayer money so that they could keep on doing the same thing. If you were in financial difficulty and somebody offered you a huge, unearned windfall for making no changes whatsoever, and you took the offer, who would be in the wrong, you or the person who gave you the money?

      • StephenD

        Tag, you're right on target except…they weren't given the option to refuse the bailout money. JPMorgan & Chase didn't want any money and yet were told they have to take it…or else doing business would get difficult. They took it and have already paid it back with interest. So, you are right. If anyone has an issue with the bailouts…go tell it to the W.H.!

  • LindaRivera

    22-year-old student, expressed what is rapidly becoming the over-arching theme of these demonstrations. “I want to tear down capitalism,”
    These spoiled brats would destroy the freedom and human rights of all of us if they could.

    The correct place to protest is outside the White House whose failed and disgraceful policies are DESTROYING our country.

    An inferior health care plan that no one wants and CANNOT afford to pay. The threat to jail and/or fine those who don't purchase the government enforced plan.

    Massive spending as if there is no tomorrow. Fighting wars we have no money for. Massive borrowing.

    The Massive giving away of Billions of dollars every year to other countries, including the oil-wealthy Middle East, Hamas-controlled Gaza and the Palestinian Authority organization who fill their war chests, build mansions and laugh all the way to the bank with FREE INFIDEL MONEY. Whilst in America, homeless shelters are filled to capacity; tent cities have sprung up all over the U.S. filled with desperate, jobless, homeless, neglected Americans.

    Massive debt. The massive printing of paper money out of thin air to DELIBERATELY create out-of-control inflation. There is no question that the total DESTRUCTION of America's economy is planned. The results will be horrifying. In the once wealthy and great nation of America, millions of Americans will become destitute, hungry and homeless with no money or resources to help them.

  • LindaRivera

    Organic, non-gmo avocado, fruit and nut trees and berries must be planted in all of our nation’s cities’ and towns’ parks to help the many millions of Americans who will soon be in a desperate struggle to survive because of the government's highly destructive economic policies. And stop planting corn for biofuel! Plant corn for food!

    Watch it. And weep for our great nation and people:

    FALL Of The Republic – The Presidency Of Barack H Obama – The Full Movie HQ http://www.youtube.com/watch?v=F8LPNRI_6T8&fe

  • 080

    While there were riots in 900 cities we must discriminate among them. Some people may be starving. Others may be by the Muslim Brotherhood. These for example have very little in commom with OWS.

  • Brujo Blanco

    If the OWS people get their way capitalism and all aspects of American life goes by the wayside. Anarchy will be in force and people will comply with their way or suffer the cosequences. The Bill of Rights and the Constitution will no longer apply. I now wonder what Obama’s future position will be if this country goes that way.

  • Stephen_Brady

    While all of this is going on, I was out at the rifle range, just yesterday. The exercise was to shoot one-gallon milk jugs over open sights, at 500 yards. Just keeping the powder dry and my skills handy …

  • redhawk1989

    Please let someone shoot these communist morons

  • redhawk1989
  • redhawk1989

    Looks like America is following the former Yugoslavia,the only thing which Americans need now are ultra-nationalist leaders which will drag the whole country into a state of civil war

  • BS77

    OWS idiots are not creators…they are destroyers. They don't farm, they don't make shoes, or steel, mine the coal, or grow the grain…they don't build the bridges or haul the trash…these are reckless, foolish ingrates.

    • BS77

      I cannot post anything on unless approved by the site administrator…sorry

    • Goebbels

      So how do you know this? Have you spoken to every OWS supporter or activist and logged their work histories? For example If you actually look into the subject it is apparent the reason the weekends have bigger protests is because people who have jobs use their time off to show support (read any MSM article covering last weekend that interview more than one participant). You, like nearly all Front Page Readers, appear to have a distinct inability to assert reasoned opinions. There is no basis for your opinion here, your emotion is out of place. Though I understand how reason can be effort and frustrating so delivering rants is likely easier and certainly more satisfying.

  • BS77

    these demonstrators are not creators, but destroyers. They do not build , farm, manufacture or create jobs for others…they don't represent a force for good or for constructive change…only the bleating and complaining recklessness of ingrates and fools.

  • Goebbels

    Mr. Ahlert semi coherent rant is amusing. First there is guilt by association. One assumes the point of bringing up the American Communist and Nazi party support is meant to show something about the majority of the OWS supporters themselves. Which is like saying since Charlie Manson liked the Beach Boys the Beach Boys are evil like him. Then there is the cost to municipalities which is regrettable but does not say anything about the validity of OWS complaints. Then there is "Demonization is precisely why the continued use of the phrase “99 percent versus 1 percent”–an utter lie whose percentages wouldn’t align with even the most slanted survey of Americans–" Well it seems Mr. Ahlert either misunderstands by ignorance or on purpose what is meant here. Some examples here: http://www.businessinsider.com/what-wall-street-p… Nor does what little data we know about the OWS supporters indicate they all want to over turn capitalism (Time did a poll of the OWS on 10/12 and 46% said capitalism needed to be fixed not eliminated). So it seems Mr. Ahlert is attempting a smear via guilt by association, appeal to cost and deliberate misrepresentation of stated aims as far as any one can articulate the group. Certainly an amusing rant, but a fail on journalism.

  • scum

    Let's talk seedy: Anthony Bologna, who pepper-sprayed without provocation, and will only lose vacation days because of it. .
    Let's talk stupid: Tom Ryan, who thought he was 007 by 'infiltrating' an open source movement, and taking public information and 'providing' it to the FBI. Problem was, they knew it all already. Not only had the FBI already reactivated COINTELPRO, but the info was all public anyway. LOL

  • Murray Schwartz

    porn alert!

  • intrcptr2

    ouch

    right on RBM; thanks

  • John_Dvorack

    Awesome Information RBM. Keep up the great work.

    Your post reminds me of the old saying "a single drop of ink can produce the words that make a million people think."

  • intrcptr2

    HFS!!, by Jove!

    Good grief. And people look at me like I'm a tad off when I tell them the college text market is a racket, or that universities are corporations.

    Good eyes, CM, I missed that.
    Eh, screw killing the laywers, let's do university presidents and boards. Pity we can't vote those bums out.