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Thread: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by Objective Voice View Post
    I'm saying that IF the private sector wants to sell their goods and services in a free market system based on "consumption", it has to generate demand in two ways:

    1) advertise its wears; and,

    2) create "consumers" by hiring workers.

    Give more people a paycheck and they will spend their money accordingly.
    If it worked that way, companies would constantly be hiring more and more. They would then start shipping in people from other countries without a manufcturing base.

    Of course, there is a 3) option - create or expand our national manufacturing base. To that, I'll try to answer your question.

    Large investment entities, such as investment banks, and corporate CEOs work in tandum. Investors help generate capital through the purchase of corporate stocks and bonds that business owners then use to do items 1, 2 and 3 above. As such, while I do by and large blame CEOs of investment banks for causing our nation's economic mess, I don't look to them as "job creators". They're merely the money men (and women). Thus, the focus of your question is wrong in that it only looks at one side of this free market equation.

    Investors don't expand business. They merely provide a source of revenue (i.e., the purchase of corporate stocks and bonds) that allow corporate CEOs to grow and/or expand their business. So, in that regard the typical investor (i.e., hedge fund managers) are just doing what they do - putting their money where it stands a chance to increase their earnings.
    There is a far less need for them to do this when the government instead is just giving them the money. Why risk your money on unknown expansion when you can just accept all this money the government is handing out?

    So, to answer your question, I blame company CEOs and CEO's of large investment firms/commercial banks for the stagnation in our national economy. The hope is that with new patent rules in place individuals, banks and venture capitalist latch onto some good ideas and make "Made in America" means something again.
    Maybe when someone comes up with a real plan as opposed to another new one every few months. Nobody can plan when they have no idea what is coming next.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    that's all a chicken or the egg argument. Bottom line, only demand makes and grows an economy. Other factors can assist but the backbone and drive is always demand.
    Last edited by poweRob; 09-27-11 at 10:57 PM.
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by poweRob View Post
    that's all a chicken or the egg argument. Bottom line, only demand makes and grows an economy. Other factors can assist but the backbone and drive is always demand.
    Simple question. What good does driving up demand for foreign made products, does that add jobs in AMERICA???

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    May I remind you that strategically promoting jobs in the US circumvents the free market and entails SOCIALIZM!

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by poweRob View Post
    that's all a chicken or the egg argument. Bottom line, only demand makes and grows an economy. Other factors can assist but the backbone and drive is always demand.
    How about innovation? Creating demand for a product that did not even exist. Something like the iphone.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    I don't know anyone who was happy that Wall Street and the big banks were bailed out. At least this protest is in that direction irregardless of the various claims. If it is making Wall Street and the MSM uncomfortable, then they are doing something right, but they are also doing something while the rest of us do naught. Kudos to these protestors and in my mind this is a protest to the bailout of Wall Street and I don't believe the MSM wants to address that issue. Banksters. Thieves and worse perhaps. They put John Regis in jail and they let these scumbags walk free. Why doesn't the MSM take a closer look? Why doesn't the Justice Department take a closer look. Oops! I forgot that these guys run the country with the revolving door Goldman Sachs to gov't and back deal. And Nuke Operators to Dept of Energy and back. And Big Pharma to HHS and back, etc. etc. etc. Big money, big banks and big news don't want to allow this event to make news. We have a right to the News and the MSM has an obligation to give us that news or admit censorship. Bottom lione is we, as citizens with a right to know, are being shafted.

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise




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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Why isnt it taken seriously...well...lets see...who exactly are they 'protesting'? Wall Street...hmmm...thats very vague, isnt it? Are they protesting against THEIR investors? Their mommy and daddy's investors? Are they attempting to 'bring down' Wall Street? Crash the markets and full on destroy the 401ks of every union worker in the country? Perhaps it is because people that can afford to travel and sit around for days on end on someone elses dime probably have very little real value to society. Perhaps it is the capitalistic 'anarchistic' event organizers lack of credibility. I dont know for sure. Maybe its just that a bunch of little twats sitting around protesting vague generalities and ideologies dont DESERVE much attention... but...you know...power to the people and stuff...

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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by Ikari View Post
    I want to know why it's against the law to assemble while wearing a mask.
    Or better yet. Why isnt it illegal for riot control to hide their faces or identifying tags? It's illegal for protesters to cover their face to prevent info-miners from using your face in some database. Yet when it comes time to quell the people's voice its ok to do with an army of armed faceless police.
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    Re: Occupy Wall Street Enters Its Fourth Day, Tensions Rise

    Quote Originally Posted by dirtpoorchris View Post
    Or better yet. Why isnt it illegal for riot control to hide their faces or identifying tags? It's illegal for protesters to cover their face to prevent info-miners from using your face in some database. Yet when it comes time to quell the people's voice its ok to do with an army of armed faceless police.
    Don't question the government. Datamining the individual is good, datamining the government is bad.
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