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Old 10-16-2011, 08:53 AM   #1 (permalink)
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Default OWS: Justification

For those nay-sayers who deride OWS as class warfare, this document started this movement years ago:
Leaked Citibank Memo The Plutonomy Symposium Rising Tides Lifting Yachts.pdf - File Shared from Box.net - Free Online File Storage

Straight from the horse's mouth, a leaked Citibank document supporting their version of our government Plutonomy:

"What could go wrong? Beyond war, inflation, the end of the technology/productivity wave, and financial collapse, we think the most potent and short-term threat would be societies demanding a more 'equitable' share of wealth"

It's always been class warfare - we've just been losing this whole time.

Last edited by snowjeeper; 10-16-2011 at 09:10 AM.
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Old 10-16-2011, 09:09 AM   #2 (permalink)
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Also a great read: Chris Hedges: Why the Elites Are in Trouble - Chris Hedges' Columns - Truthdig
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Old 10-21-2011, 02:41 PM   #3 (permalink)
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Report: Rich-poor gap growing - Mackenzie Weinger - POLITICO.com

The SSA said 50 percent of workers made less than $26,364 last year


Holy shit. Is there anyone who makes that much or less on here? What do you eat? seriously? I make quite a bit more than that, and we're living "comfortably" right now. Like not having to worry about paying bills - but not much more than that.
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Old 10-21-2011, 03:00 PM   #4 (permalink)
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Report: Rich-poor gap growing - Mackenzie Weinger - POLITICO.com

The SSA said 50 percent of workers made less than $26,364 last year


Holy shit. Is there anyone who makes that much or less on here? What do you eat? seriously? I make quite a bit more than that, and we're living "comfortably" right now. Like not having to worry about paying bills - but not much more than that.
This is a snowboarding forum. I guarantee you MANY of us here make less than that a year. Myself included.
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Old 10-21-2011, 03:15 PM   #5 (permalink)
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The problem isn't trying to change psuedo corporatist-facist charade going on, it's that the purposed solutions to it (the OWS demands) simply further entrench said farce. How do they think Wallstreet got so powerful in the first place? Layers of regulations required to be in compliance with and a convoluted and confusing tax code essentially gave big brokerage firms, financial services institutions and banks a monopoly. They have the economies of scale to maintain compliance and smaller institutions simply cannot stay in compliance economically.

Let's take out the big guys, I agree, or at least force them to play on a level field. Imposing more controls just tilts the field further in their direction, or against the little guys who could give them competition, as it were.
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Old 10-21-2011, 05:16 PM   #6 (permalink)
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The SSA said 50 percent of workers made less than $26,364 last year


Holy shit. Is there anyone who makes that much or less on here? What do you eat? seriously?
I make less than that. Seriously. I eat food like anyone else. I just don't eat out much at all. Me and my kid are surviving just fine though. Do I enjoy making less than that? Not so much, but that's why I'm in college with the hope that I don't have to make such a small amount forever. Until then, at least I have a job and money coming in, even if it's not the optimal amount.
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Old 10-21-2011, 05:35 PM   #7 (permalink)
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are you living off of loans or anything though? There's no way we could live off of 26k here.
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Old 10-21-2011, 05:52 PM   #8 (permalink)
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are you living off of loans or anything though? There's no way we could live off of 26k here.
No loans. I'm not trying to put myself in debt to go to school. I get a grant that pays for classes and books. I work full time too. It's just me and my daughter living off of what I make. We survive. And believe me, Washington State isn't cheap. It's not NY expensive, but it's definitely not cheap.
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Old 10-21-2011, 05:53 PM   #9 (permalink)
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Originally Posted by CheeseForSteeze View Post
The problem isn't trying to change psuedo corporatist-facist charade going on, it's that the purposed solutions to it (the OWS demands) simply further entrench said farce. How do they think Wallstreet got so powerful in the first place? Layers of regulations required to be in compliance with and a convoluted and confusing tax code essentially gave big brokerage firms, financial services institutions and banks a monopoly. They have the economies of scale to maintain compliance and smaller institutions simply cannot stay in compliance economically.

Let's take out the big guys, I agree, or at least force them to play on a level field. Imposing more controls just tilts the field further in their direction, or against the little guys who could give them competition, as it were.
So the free market god will solve all ills?
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Old 10-22-2011, 10:24 AM   #10 (permalink)
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Originally Posted by snowjeeper View Post
Report: Rich-poor gap growing - Mackenzie Weinger - POLITICO.com

The SSA said 50 percent of workers made less than $26,364 last year


Holy shit. Is there anyone who makes that much or less on here? What do you eat? seriously? I make quite a bit more than that, and we're living "comfortably" right now. Like not having to worry about paying bills - but not much more than that.
I made $18k working full time in college. There are definitely people working out there who make under $26k.
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