Comments about ‘On second thought...’

Repost #3

Sorry for all you sensitive ones, this is not from Utah's Hinckley Institute of Politics. Roseanne Barr has her own solution to the financial crisis, behead any wealthy banker making more than $100 million who won't be reeducated. In an interview with the RT program "Keiser Report," Barr said if she were the president, she would bring back the guillotine as a form of justice for Wall Street's "worst of the worst of the guilty." "I first would allow the guilty bankers to pay back anything over 100 million in personal wealth because I believe in a maximum wage of 100 million dollars," she said. If theyre unable to live on that amount then they should go to the reeducation camps, and if that doesn't help, then be beheaded." While participating in the Occupy Wall Street protests, Barr argued that if corporations were people, then Goldman Sachs should be executed for committing crimes against American people. "If corporations are people then Goldman Sachs needs to be executed for premeditated mass murder, terrorism mayhem & grand larceny," she wrote on her Twitter page. America's streets could easily explode in civil unrest.

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I told you so. "NOT ONLY" is America fed-up with the GOP President hopefuls, they are fed-up with all in Congress and The White House. It's starting folks. "Why Occupy Wall Street, is more than Just a protest." Despite swelling crowds and alarming numbers of protesters arrested by NYPD officers, the protests have still failed to materialize into something with clear, precise aims. Then again, perhaps clear aims and a coherent vision for change aren't really the point. Sometimes simply claiming a space can be revolutionary. The Occupy Wall Street movement is something entirely different and much more important than merely a protest. Today, over a thousand demonstrators began protests as a part of a campaign they are calling "Occupy Wall Street." The protesters intend to engage in long-term civil disobedience to draw attention to Wall Street's misdeeds and call for structural economic reforms. As demonstrators converged on Wall Street with police blocking them from reaching the New York Stock Exchange much of the news media paid little attention to the protests. More than 50 anti-Wall Street protesters were arrested after blocking traffic lanes on the Brooklyn Bridge.

(Explode in civil unrest.)

My views.

Occupy Wall street can't narrow it's grievences only because there are so many valid grievences to be had against Wall Street.

Where to start is the only problem.

The one issue we should all agree on is that Wall Steet giving congress and supreme court members like Clarence Thomas so many billion dollars a year for favors is unsustainable for a "democracy".

Re: Screwdriver - 4:50 p.m. Casa Grande, AZ
The one issue we should all agree on is that Wall Steet giving congress and supreme court members like Clarence Thomas so many billion dollars a year for favors is unsustainable for a "democracy".

Reply: I fully agree with you here as well, good job. A "democracy" doesn't work ever. Economists since Milton Friedman have strongly criticized the efficiency of democracy. They base this on their premise of the irrational voter. Their argument is that voters are highly uninformed about many political issues, especially relating to economics, and have a strong bias about the few issues on which they are fairly knowledgeable. The implementation of a democratic government within a non-democratic state is typically brought about by democratic revolution. Monarchy had traditionally been opposed to democracy, and to this day remains opposed to its abolition, although often political compromise has been reached in the form of shared government.

(Explode in civil unrest.)


Protesters who've gathered under the banner of "Occupy Wall Street" are looking to light a movement, but as hundreds of demonstrators rally against corporate "greed and corruption," they have a long way to go before becoming a defined cause like the Tea Party, say political analysts. That's not to say they aren't trying. In three-weeks time, the Occupy Wall Street crowd has attracted high-profile attention. It has the purported backing of unions like the Teamsters and DC-37, New York City's largest public employees union. It has attracted Hollywood types who love a good cause to drop in on; and has even generated a discussion group at a convention of liberal leaders taking place in Washington, D.C., this week. "I would simply say that to the extent that people are frustrated with the economic situation, we understand. And that's why we're so urgently focused trying to focus Congress's attention on the need to take action on the economy and job creation." Occupy Wall Street website is like an Arab Spring-inspired protest against corporate greed, protesters have also flailed against student loans, global warming and even the Tea Party-favorite Federal Reserve.

The problem with the Occupy Wall Street crowd (apart from being mathematically illiterate -- seriously, just listen to them) is that they really only want to substitute one aristocracy for another. Their (partially justifiable) complaints about financial companies profiting from government bailouts, miss the point that it is precisely the big activist government they advocate for, that has resulted in the financial sector so dominating the economy.

When government focuses on its core role of maintaining a sound, stable currency, rather than trying to "fine-tune" away the business cycle, there's less opportunity for financial arbitrage, and a greater proportional role for boring old commerce. Fine-tuning has given us two successive economic bubbles, where so much hot money was sloshing around that money managers got outrageously wealthy by taking even a small fractional share of it.

*That's* the heart of the problem. The closest thing to an answer, would be for the Federal Reserve to adopt a price rule as its guide in supervising the money supply, and ignore everything else. The Occupy Wall Street guys, though, show no signs whatsoever of comprehending any of this. Math, you see. Not the kind of thing Interprevative Dance majors do.