Wall Street Protests

[DanaC]

That's an awesome sign.

Been watching the coverage of the occupations going on around the world. The one at St Paul's Cathedral in London looks great. There's a little (ok not so little) part of me really wishes i was down there. There's a much bigger part of me is grateful I am in fact at home, cosy and warm in my little cottage with readily accessible bathroom facilities :p

I wish them the best. Because they're doing this for me and us, not just themselves. They are engaged in a worthy struggle. They are exercising agency. Good on them.

The relatively low levels of violence and disorder associated with these occupation demos is staggering really. Demonstrations in London almost *always* descend into riot. Certainly from my own experience, I've never been on one that didnt.

The scenes from the occupation look fun. They remind me of Glastonbury. There was a time I'd have been there like a shot :p

[Happy Monkey]

Originally Posted by DanaC

Been watching the coverage of the occupations going on around the world. The one at St Paul's Cathedral in London looks great. There's a little (ok not so little) part of me really wishes i was down there. There's a much bigger part of me is grateful I am in fact at home, cosy and warm in my little cottage with readily accessible bathroom facilities :p

...

The relatively low levels of violence and disorder associated with these occupation demos is staggering really. Demonstrations in London almost *always* descend into riot. Certainly from my own experience, I've never been on one that didnt.

Wait, so the ones you go to always descend into riot, and haven't gone to this one, and it hasn't descended into riot?

Time for an experiment...

[tw]

Originally Posted by DanaC

I wish them the best. Because they're doing this for me and us, not just themselves. They are engaged in a worthy struggle. They are exercising agency. Good on them.

For well over a decade, defined was this major problem that has only became worse when Cheney said, "Reagan proved that deficits don't matter." I could not understand why so many did not see what is finally obvious to many. For the last decade, an average American worker has seen his incoming falling. That only happened twice in the history of America. Warnings of this problem, a pending economic calamity, and the history that predicted it were defined even in The Cellar. And still so many remained silent. Even when Enron, LTCM, the California Energy crisis, etc all proved who are some of America’s greatest enemies.

Both times in history, welfare for the rich resulted in America’s worst recessions. In part, because the rich do not create jobs, innovation, new products, new markets, and economic advancement. Only those who aspire to be rich do that. Both times in history, 1% reaped massive wealth while Americans saw their incomes diminish. Finally, some have complained. It was long overdue.

At what point does history prove the obvious. 85% of all problems are directly traceable to top management. Especially those who are paid the most money, bonuses, stock options, and other 'rewards'. Why do more successful companies pay their top people less money? Because the real source of that success reaps increased incomes. Many are finally learning that business school concepts and their student have created massive income disparity and economic stagnation.

Not like this was new to a Cellar dweller. And still some remain in denial by blaming the rest of us.

[Spexxvet]