[jumpthewire]

^ 1

[Undertow]

Originally Posted by mact3333

I thought you were in the 5% not the 1% but since you have extended Novillo leather, you are clearly in the 0.5%...I will pay you 1.00 if you yell what you just announced on here as you drive in your e93 M3 past the wallstreet protesters...would have my video camera ready...

Occupy Boston is protesting pretty much outside my office. I spend some time during lunch walking the crowd. It's peaceful, but largely a combination of freaks and hipsters. Staggering ignorance by those that I spoke with but at least they were polite.

Drive by daily with the top down and wave.

[M3Bahn]

[carve]

Originally Posted by 11Series

Welcome to the 99%, and to the Occupy Wall Street movement.

The fact that you may have different proposed solutions to the same problems that others identify with, is exactly why the movement doesn't endorse one particular piece of legislation or one candidate. It is a movement to identify a over-arching problem, and to force those in power to act to fix it.

If you can fix corruption, do it.

I think most of the protesters are just concerned about income inequality. I'm not so concerned about that. I'm not concerned about big business. I'm concerned about the government meddling in the economy and screwing things up. I'm concerned about the power we give to politicians corrupting them.

Remember: the government is who we give power to and who spends the tax dollars- not the corporations. These people are protesting the wrong spot. What exactly do they expect the corporations to do? Become uncompetitive with their peers?

[Tag]

[NYCGP]

^^^ In NYC, that would have resulted in savage beatings.

[matthewk]

Originally Posted by mact3333

I thought you were in the 5% not the 1% but since you have extended Novillo leather, you are clearly in the 0.5%...I will pay you 1.00 if you yell what you just announced on here as you drive in your e93 M3 past the wallstreet protesters...would have my video camera ready...

Think you need the license plate "IAM1PCT"!!!

[Tag]

Originally Posted by NYCGP

^^^ In NYC, that would have resulted in savage beatings.

First Amendment guarantees "Freedom of Assembly", the right
of citizens to gather peacefully. From what I've seen I find it despicable how they are treating these guys. You may not like them or what they stand for but they are protesting peacefully which is everyone's first amendment right and should not be treated as criminals.

Those cops are dix.

[matthewk]

Originally Posted by carve

It was a critical flaw in your analogy. I awknowledged that it's tough for the stupid to find work even when times are good. Right now a lot of smart people are out of work, too.

Fannie and Freddie were created SPECIFICALLY to make bad, high-risk loans backed by the government. The thing is...fannie and freddie don't take on the risk...the taxpayer does. Another example of capitalising the profits and socializing the risk. To make matter worse, all sorts of fair housing laws came out coercing the banks into giving the loans. Then the fed sent interest rates through the floor by creating money out of nothing. Then, a bunch of idiots on Wall Street put a AAA rating on them and made these mortgage backed securities, and when they failed, instead of going under, the government sent over ANOTHER fat wad of taxpayer money.

The government shouldn't have manipulated the market. ALL of this, except making the mortgage backed securities, is the government's fault.

This... I don't think it's much of a stretch to blame the government for the mortgage backed securities and the CDOs too. Someone had to buy up these mortgages F&F were making, it's not hard to assume the government promoted them to the brokers as well.

[M3Bahn]

Occupy Wall Street Spreads Worldwide

lots of pics.

http://www.theatlantic.com/infocus/2...ldwide/100171/

[mact3333]

Originally Posted by matthewk

Think you need the license plate "IAM1PCT"!!!

I am the 1%...but I fully support the 99% and have even before Occupy Wallstreet...you should see my posts on the politics/religion board...I am hated there...if I had to guess, I bet you are a general surgeon from Texas...you are in the 0.5%....

[carve]

...Wall Street and their analysises only focused on the short term things they think can make them money in the next 90 days. Because of this they critic business on all these metrics like P/E ratios, Debt Ratio, inventories turns, AP days, Receivable days and the list goes on and on and what Wall Street focus on varies from quarter to quarter and year to year and the new things the business schools are teaching.

This I actually agree with. Most professional investors necessarily DO look too short-term. When the company I work for went public, they were less likely to float good employees for a month when they were between programs, and we lost a lot of good people. We lost the ability to leverage that talent for the next xyz years to have better numbers that quarter.

Does anyone have a good counter-perspective on this? All I can think is, if you don't want to take your company public, then don't. Or, if you have gone public, realize you're in it for the long haul. Tell the stock brokers to piss off if their ideas will sink you long-term plans.

[Tag]

Originally Posted by M3Bahn

Occupy Wall Street Spreads Worldwide

lots of pics.

http://www.theatlantic.com/infocus/2...ldwide/100171/

Thanks for the link, this was my favorite pic.

[da1nonly]

Originally Posted by m3inwaiting

I drive an $80k convertible and I am not the 99%. I'm the 1%. I worked my ass off to get here and I'm loving it.

is an $80K car all it takes to put you in the 1%, I thought the 1% had multiple supercars and multiple homes throughout the world and would look down on an $80K car

[M3Bahn]

Originally Posted by da1nonly

is an $80K car all it takes to put you in the 1%, I thought the 1% had multiple supercars and multiple homes throughout the world and would look down on an $80K car

It takes more than a vert.

I think you have to have over $350K a year income.

[M3Bahn]

Originally Posted by tag824

Thanks for the link, this was my favorite pic.

I thought these were good as well.

[NYCGP]

Couple people who were upset about how their governing body was treating them got together and wrote a pretty compelling argument down on paper and attached their signature's to it.

Imagine these people trying to do the same...?

[Undertow]

Originally Posted by da1nonly

is an $80K car all it takes to put you in the 1%, I thought the 1% had multiple supercars and multiple homes throughout the world and would look down on an $80K car

My original statement was a bit tongue and cheek. I have done very well for myself and family. Could I buy a more expensive car? Sure. This car happened to have everything I wanted in a price range that falls within the discipline of my short and long term budget.

No matter how much I've made at different times in my life, I never stretched to buy something I couldn't comfortably afford.

I actually like the protests. Good to see people exercising their first amendment rights. Its better than sitting on the couch and doing nothing. I never supported the bank bailouts and auto bailouts. Does that make me the 99%? Hell the tea party started protesting the bailouts 3 years ago.

My good friend strongly supports the occupy movement. His biggest problem is that wall street doesn't "create or build anything" other than fictional financial products. I just finished working on a debt raise to finance a wind farm. I told him next time he flips on a switch and the lights turn on in his house he can send a thank-you note to the firm that help structure the deal.

[san~man]

Found this on another forum

[Jebus335]

Originally Posted by carve

Fannie and Freddie were created SPECIFICALLY to make bad, high-risk loans backed by the government.

That is so far from the truth I don't even know where to start...

[Tag]

Originally Posted by san~man

Found this on another forum

Who are these people that keep saying everyone is looking for a hand out? FFS all people want is equality, not favoritism. I never got any hand outs from anyone. I did the same as this guy holding the sign. My parents were not rich, nor were they able to save up anything for my college education. I went to public schools, worked 40 hr weeks while using that $$$ to pay for college and didn't become established until my mid 20's. I made it myself and was always too proud to accept any hand outs. I am the fucking 99% and proud of it.

[scollins]

Ok, I've seen it come up a few times in his thread. Someone please define "income equality" to me, and how that will look in application.

Because it sure seems to me that they"income equality" idea in the protests are "the rich have too much, I don't have enough. So take from them and give it to me."