Wall Street protesters: We're in for the long haul

[HisMajestyBOB]

Zombies are the worst thing to have happened to popular culture since reality TV.

[Eddie Teach]

Zombies predate reality tv.

[Ideologue]

I trust you've all seen this site? http://wearethe99percent.tumblr.com/

I hadn't, but I now intend on making the second one down my wife.

Pretty much all of these people need to work on their penmanship, though.

[Zoupa]

There's some heartbreaking stories in there.

[Jacob]

There's some heartbreaking stories in there.

Yeah. I've been hanging out on a few other hobby sites and the number of stories of hardship and poverty in the US are pretty disconcerting. A couple of bad bounces in the job market or with health can apparently leave people in a really bad way.

[Ideologue]

No shit.  I had to stop reading it because it just made me angry and also guilty because even I have it better than some of those poor bastards.

Although some of them are weird, like the guy who says he makes minwage and then claims he owes the IRS $1000 because he "checked the wrong box"?   I mean, I know for a fact that if you make that little, the IRS generally owes you and I assume there are procedures in place to correct those mistakes.

[HisMajestyBOB]

Zombies predate reality tv.

Yeah, but I'm referring to the modern fad, when they suddenly became all popular again.

[Barrister]

No shit.  I had to stop reading it because it just made me angry and also guilty because even I have it better than some of those poor bastards.

Although some of them are weird, like the guy who says he makes minwage and then claims he owes the IRS $1000 because he "checked the wrong box"?   I mean, I know for a fact that if you make that little, the IRS generally owes you and I assume there are procedures in place to correct those mistakes.

There were a couple of them with little hints that make you go

For the most part thoughit seems difficult to connect these people's rage against Wall Street towards what their specific issues are.  Almost all of them complain of:

1. Not being able to pay for health care; and
2. Crippling student debt.

Wall Street has very little to do with either.

Also the kid who complained about being bullied in school for being gay... 

[Crazy_Ivan80]

Walls Street is just a symbol. A front for a system that is clearly in need of at least some refurbishement, at worst some major reconstruction.

[Ideologue]

No shit.  I had to stop reading it because it just made me angry and also guilty because even I have it better than some of those poor bastards.

Although some of them are weird, like the guy who says he makes minwage and then claims he owes the IRS $1000 because he "checked the wrong box"?   I mean, I know for a fact that if you make that little, the IRS generally owes you and I assume there are procedures in place to correct those mistakes.

There were a couple of them with little hints that make you go

Yeah, like "my creative writing degree."  Jesus.  I mean, I feel that you're in a fucked up place, but you're an even worse decisionmaker than I am.

For the most part thoughit seems difficult to connect these people's rage against Wall Street towards what their specific issues are.  Almost all of them complain of:

1. Not being able to pay for health care; and
2. Crippling student debt.

Wall Street has very little to do with either.

Also the kid who complained about being bullied in school for being gay... 

Well, the allocation of resources directed by the financial markets and their subsequent meltdown has injured prospects for long-term stable employment across the board.

And a lot of it is symbolic.

It's a shame, though.  Fifty years ago, we could have had an army.  Today, no one is willing to die all at once, only a day at a time.

[garbon]

There's some heartbreaking stories in there.

Yeah, definitely.

[The Minsky Moment]

Walls Street is just a symbol. A front for a system that is clearly in need of at least some refurbishement, at worst some major reconstruction.

Wall Street is a short, winding street in downtown Manhattan filled with Class B office buildings and some condo conversions.  If you take a right on Broad, you can take a tour of the New York Stock Exchange, where they make a nice little show ringing a bell, but in fact most of the trading is now done electronically.

It's probably a symbol for something but probably not what these guys think they are protesting.    It's fitting that the protests themselves are in Zucotti Park off of Liberty and Broadway, a few blocks away from the actual Broad Street.   They are really showing Men's Wearhouse and some cheap pizza place what's what.

[DGuller]

Seems like the general feeling is that little people are allowed to sink, while financial types are bailed out, and then allowed to prosper without any paying back.  Wall Street in general is a symbol of socialism for the rich, capitalism for the poor, which is why it's being protested. 

It's about time for that, IMO.  That's what Tea Party should've been about, but in a twist of tragic irony, they became the most trusted tool of the people they claim to protest about.

[Grallon]

Seems like the general feeling is that little people are allowed to sink, while financial types are bailed out, and then allowed to prosper without any paying back.  Wall Street in general is a symbol of socialism for the rich, capitalism for the poor, which is why it's being protested. 

It's about time for that, IMO.  That's what Tea Party should've been about, but in a twist of tragic irony, they became the most trusted tool of the people they claim to protest about.

Best system in the world didn't you know?  The Invisible Hand is no doubt soon to appear and fix everything up!  Meanwhile you can count on 'people' like Minsky to come up here and tell us all is well.  He does make for a good mouthpiece for his handlers.





G.

[DGuller]

I'm going to assume that you vehemently disagreed with my post.