SPREADING LIKE WILDFIRE

By Jim Quinn, who writes at The Burning Platform.

Sorry MSM, but your storyline of communists, socialists, unions, and Obama supporters being the force behind the Occupy Movement is nothing but bullshit. All you old farts on this blog who think the Millenials aren’t worth spit, are about to get a rude awakening. This Fourth Turning is starting to take shape. [Note from Washington’s Blog: “The Fourth Turning” is a book on the cycles of history, endorsed by such a diverse group as Newt Gingrich on the right and Al Gore on the left. “Millenials” is, basically, a group of young people within a certain age range.] A generational war is coming. The Millenials are not dumb. They can see they’ve been screwed by the older generations. They didn’t create this debt. They didn’t make promises that can’t be kept. They didn’t build an unsustainable military empire. But they are the ones being stuck with the debt and no jobs. They have a right to be pissed off. The future is still cloudy, but I think I see conflict and chaos coming to a city near you.

College Sympathizers Of Occupy Wall Street Walk Out Of Class In Support

Earlier today, students from at least 100 college campuses around the country walked out of class in a show of solidarity and support for the Occupy Wall Street movement.

While the Occupy Wall Street movement has yet to present a coherent agenda or message, the college students who marched today in support of it were clear about their concerns. They banded together to make their voices heard, many citing the rising amount of student loan debt and the increasing cost of college, in addition to a dearth of decent jobs for recent graduates.

“With budget cuts and tuition increases, students’ voices are demanding to be heard,” said Conor Tomás Reed, 30, a participant in today’s walkout. Reed teaches at the City University of New York and is also a student at the Graduate Center of the City University of New York. “It’s a collective roar, and students are beyond disgusted and fed up. The time is especially ripe for this kind of mobilization.”

Today marked a significant day for the movement as a whole, both for its organization and coordination among college campuses and for its ability to mobilize supporters across not just a city, but an entire nation.

In New York, Reed walked out of his graduate school class at 3:45 p.m. to join his fellow classmates in a caravan to downtown Manhattan. Once in Foley Square, they planned to march in solidarity with the thousands of other protesters headed towards Liberty Plaza.

“It’s a fever. It’s really spreading like a fever,” said Reed, who was also among the more than 700 individuals arrested on the Brooklyn Bridge during the Occupy Wall Street protests last Saturday. He compared today’s student walkouts with the lunch counter sit-ins of the 1960s.

While getting college students to skip class doesn’t necessarily qualify as a radical act of political engagement, Shamus Khan, a professor of sociology at Columbia University, sees a larger, possibly more unifying force at work in today’s walkouts.

“There’s this broad sense of alienation among this generation, both in terms of how they’re going to get jobs and where the direction of the nation is headed,” said Khan. “There’s this generational collective anxiety of where they belong in the world and where the world is headed. They don’t feel secure in the world they’re about to inherit.”

The collective anxiety has yielded collective action. In New York, while student organizers at CUNY and SUNY had originally planned the walkout for Wednesday afternoon, word quickly spread to other schools and to other cities.

By Sunday night, the New York-led student walkout had gained national traction, as Occupy Colleges, a Los Angeles-based grassroots group, aimed to get as many colleges on board as possible.

Occupy College’s Facebook page announced a countrywide student walkout at noon, local time. It read: “Do not go to school. Go fight for yours and everybody else’s rights. The time is now to join our fellow 99 percent!” By Wednesday morning, 75 schools had registered; by the end of the day, dozens of pictures of student-led walkouts littered their Facebook wall.

On the West Coast, Occupy Colleges includes student representation from UCLA, California State University at Bakersfield, California State University at Northridge and College of the Canyons. An ill-timed rainstorm apparently got in the way of afternoon organizing in southern California. According to Natalia, one of the facilitators at Occupy Colleges who declined the use of her last name, a planned walkout at the University of California, Los Angeles, campus was also limited due to the weather.

Despite the rain, Natalia reported a small walkout at Santa Monica City College, in addition to a larger student-led protest at the University of California, Berkeley.

Back in the east, James Searle, 26, a Ph.D at the University of Albany, reported that about 450 students assembled at a lunchtime rally to air their grievances, mostly related to the recent hike in tuition.

Afterward, the group made its way towards University Hall, where the school’s administration is located. While police initially barred their entry, Searle said that about 200 students finally made their way through the doors to participate in a general assembly outside the president’s office.

Elsewhere, David Michael Ball, a 20-year-old freshman at Indiana University of Pennsylvania, organized his school’s walkout. As the clock struck 12, he and 41 other classmates gathered in a common area at the center of campus, where they read speeches, aired the demands of the Occupy Wall Street protesters and then spent another hour addressing the issues they faced as students, namely, the cost of tuition, student loans and the minimum wage.

“It was empowering to finally feel like we were doing something that mattered for the world,” said Ball, who hopes the student-led branch of the movement continues to gain traction.

In Boston, Bryan MacCormack, a senior at Northeastern University, has been involved in campus activist groups since he took a class two years ago called “Global Markets and Local Cultures.” He learned about the Occupy Wall Street movement soon after the first calls to action went out, and says he was initially unsure that anything would come of it. Over the past few weeks, as the movement gathered steam, he says he slowly came around.

On Monday, he received an email from another campus activist, Kate Pipa, who said she had learned through Facebook and other social media of a movement called Occupy Colleges. “We started a Facebook group and called a meeting that night,” said MacCormack.

Early Wednesday afternoon, MacCormack and about 100 other students gathered by a flagpole on Northeastern’s campus and took turns delivering short speeches from a low granite wall engraved with the names of school benefactors, speaking in a style familiar to anyone who has spent time at the Occupy protests, with the crowd repeating and amplifying each of the speaker’s sentences.

One after another, the speakers explained why they counted themselves among the “99 percent” of Americans who don’t control the bulk of the country’s wealth. For the most part, they focused on issues of concern to college students: worries about their future, and in particular anxiety about repaying loans and their mounting student debts.

Alyssa Castiglia, a senior, described herself as “a typical Northeastern student” who studied hard and got good grades but struggled to pay tuition. “My parents can’t afford for me to go to school,” she said. “When I graduate, I’m going to have $125,000 in loans, which is $1,500 a month. I ask you, how I am supposed to live off that? I am the 99 percent, and it isn’t fair that someone who works hard can’t succeed.”

Back in New York, Jason Farbman, a 33-year-old graduate student at New York University, planned on airing his complaints loud and clear.

“There’s this generalized anger that students are finally allowed to express,” said Farbman, who planned on meeting up with fellow NYU and New School students in Washington Square Park after walking out of class. “Every student in school right now is looking at the prospect of zero employment, insane debts to go to school, and entering into a workforce with no jobs. These are kids from every walk of life who are doing exactly what they’ve been told to do in order to succeed and realizing that it’s all a bunch of bullshit.”


This entry was posted in Politics / World News. Bookmark the permalink.
  • Charlie

    The jails can only hold so many people.

  • signalfire

    Nothing will change until we start implementing the Roseanne Barr Solution.

    The only thing preventing change now is the people’s fear. Fear of being arrested protesting (by goons, not ‘police’, because until the police realize who the enemy is, and start arresting THEM, it’s a self defeating standoff); fear of being arrested for citizen’s arrests of the offending politicians and corporate heads. Fear of actually taking matters into our own hands, rather than waiting for some unknown entity to rise up and actually arrest the real perpetrators of the crimes against humanity.

    Off with their heads, or some semblance thereof. We need to realize there are two kinds of people in the world; those who have a conscience, and those who are sociopaths. The sociopaths, wherever they are and whatever their status, need to be put in prison or just disposed of like the dangerous garbage they are. These are the people who have given us credit default swaps, unending wars, unending debt, and radioactive waste sites. These are the people who are trying to kill the entire planet for their individual profit. They have to go. Now.

    • Spanky Ham

      Seriously, were you born this stupid or did you actually have to work at it?

      • tantara

        Spanky, he is actually right. All this protesting will do little till the police and the military are on the side of the people. Then arresting and severally punishing the culprits plus striping them and their families of all their ill gotten wealth will be a step in the right direction. The world is for all people, not only for the top 1%. I am much older then the kids who are protesting, and
        I am so very proud that Americans are finally waking up!

  • Bev

    This holds all generations together, a worthy goal that helps all generations.

    Figure out how to achieve

    Rep. Dennis Kucinich’s NEED Act


    where 
Money Is Money controlled by Public/Government

    More money stays permanently circulating in the society to be used over and over by everyone to rebuild the societies people, capacities, infrastructure, survivability.

    Removed from

    Banker’s DEBT is Money

    which Can Never Be Repaid on Purpose


    Created by typing into a computer

    a loan amount which is just air digits

    to be repaid back

    with real labor, materials, resources, supplies

    with interest that is never created
    
So it is impossible to get out of DEBT.


    Silver and Gold on their own are Insurance if Governments don’t do the right thing.


    Silver and Gold have at times backed Public/Government Created Money when Governments do the right thing-such as the Greenbacks.


    To the People, Public, Governments, Protesters, Ralliers, this is a worthy goal that helps all generations.

    
This puts enough Money=Purchasing Medium into permanent circulation to be used over and over again. 


    Bankers’ CREDIT/Peoples’ DEBT Money is extinguished from circulation every month when loans are paid by Government, Business and People.

    A DEBT DEPRESSION occurs when money in circulation lessens from both sides–a collapsed credit supply of BANK CREDIT is OUR DEBT/MONEY ENTRY side and the EXIT side is the still due LOAN PAYMENT EXIT until with fewer and fewer dollars circulating in the society you run out of dollars before you can pay off the DEBT. 
Unpayable DEBT by design. By Bankers.

    
…..


    Fix that for the kids, adults and grandparents.


    Help Dennis Kucinich’s NEED Act.

    
I am sure it is also applicable to other countries’ benefit.


    And, I think it is also applicable to all generations’ benefit.

    So, the fourth turning can be for all of us to turn to Dennis Kucinich’s NEED Act.

    ….


    And, if you think I am upsetting the silver/gold cart, well look at this:


    from: Byron Dale


    http://moneyaswealth.blogspot.com/2009/01/hyperinflation-zimbabwe-myth-and.html




    January 17, 2009





    Hyperinflation and Zimbabwe – Myth, Misinformation and the “Expert”

    



The True Cause of Zimbabwe’s Hyperinflation

    



Austrians say the problem is too much paper. 



    Keynesians say the government should spend more. 



    Neither camp has a solid grasp on the effects of interest and both groups are in denial, when it comes to fully understanding debt.





    In fact, in macroeconomic terms, you can hardly find a model that illustrates this: the money needed to pay interest is never created inside the system and that principal is extinguished from circulation when a payment of principal is made.





    The more you learn about how it really works, who the “experts” are following, why they are following the wrong explanation, how old that theory is and who benefits from its propagation, the easier it is to realize why they can’t figure it out.





    NEWS FLASH: 




    Hyperinflation is not caused by paper money.

    
It is not caused by too much money. 



    It is caused by unpayable interest rates.





    Fact: Interest Rates in Zimbabwe were 800% in 2007





    Fact: The Overnight Rate Charged By Zimbabwe’s Reserve Bank is 10,000%





    Fact: The 91 Day T-Bill is at an interest rate of 66.33%

    



Fact: Their Government has to hike taxes to pay the T-Bill rate at its maturity. Taxes up to 79%!





    Fact: Unemployment in Zimbabwe is at 85% and HERE

    



QUESTION: If you’re a shopkeeper and you have a loan at an interest rate of 800% and your taxes are nearly 64% (plus a 15% “value added tax” for a total of 79%) of your income, do you think that you will have to raise your prices to stay in business?





    ANSWER: Yes. Daily.





    QUESTION: Why is this happening? 

Is someone manipulating their interest rates, causing economic chaos because they want Zimbabwe’s gold, platinum and diamonds?





    Overview





    Gold surrendered to a single company – find out who.





    Manipulate, collapse, take.





    ANSWER: 
Ya think?





    The Reserve Bank of Zimbabwe is refusing to pay for gold deliveries.





    Most of the gold mines have collapsed.





    Investment banks are buying up the mines at pennies on the dollar.





    This did not happen to Zimbabwe because they did not have enough gold.





    This did not happen to Zimbabwe because they did not have enough natural resources.





    This did not happen to Zimbabwe because the government spent too little.





    This did not happen to Zimbabwe because they had too much paper money.





    This happened because they had too much debt and the unpayable interest is destroying them.





    Say, aren’t the people dependent on bank loans for a medium of exchange and don’t the banks set the interest rates on their loaned money?

    



When the banks hike the interest rates to manipulate the money supply to the point that only 15% of the people can work, the medium of exchange is destroyed and the banks end up with the gold, is that financial terrorism?





    **ZIMBABWE UPDATE**




    They Did What?


    from: Byron Dale



    http://moneyaswealth.blogspot.com/2009/01/hyperinflation-zimbabwe-myth-and.html








    ………..
………..





    The correct fix for all generations:

    

http://www.monetary.org/





    Dennis Kucinich’s The NEED Act,
    The National Emergency Employment Defense Act.



    http://kucinich.house.gov/news/email/show.aspx?ID=X7EX6WS6JW7AZSDNJHSVS5UZXM





    Kucinich Proposes Landmark Jobs Plan

    


Bill To Put 7 Million Americans Back to Work, Rebuild Infrastructure



    ….


    http://www.monetary.org/how-the-economists-facilitated-the-crisis-and-how-hr-6550-solves-it/2011/06



    Creating an Interest- and Debt- Free Money System 



    MAJOR, HISTORIC PROGRESS BEING MADE



    How the Economists Facilitated the Crisis and How HR 6550* Solves it



    Economist Jamie Galbraith in testimony to the Senate Crime subcommittee on May 4th, 2010:



    False “monetary” beliefs (some call them theories) have misdirected public policy decisions for decades, with devastating effect! Errors of Concept, methodology and factual errors led to disastrous outcomes for our nation and have the potential to gradually take America down into an unprecedented abyss of lawlessness and deprivation. Consider the present insane calls for austerity. Economists have allowed the idea to prevail that a government has to be run the way a shopkeepers runs his store. These times call for greater care and some heroism among economists; and cowardice is no longer tolerable among those who do understand.



    Which particular monetary errors? Most importantly, economists have not understood or appreciated the difference between money and credit. That using credit for money is dangerous, harmful and unnecessary. Can’t they read Knapp’s “State Theory of Money, available in English since the early 1920s, to understand credit is just one type of money system, and not a good one at that?

    Even Minsky who pointed out that such a fractional reserve system always collapses, regarded that as a problem inherent in “Capitalism, and didn’t consider eradicating it but merely called for government providing jobs when the credit structure was in collapse. A solution that one of AMIs researchers said was like “trimming poison ivy!”



    Many economists have falsely concluded that “all money is debt,” and while most money in our particular mis structured system is debt, this attitude ignores the possibility and necessity to define a better system based on government money, not private debt. This failure to understand the concept of government money as opposed to private credit, has had immense and deadly repercussions. The Great Henry Simons summed it up in one magnificent sentence in the 1930s:



    “The mistake … lies in fearing money and trusting debt.”


    Henry Simons, (Economic Policy for a Free Society, 1930s, P.199)



    This fundamental error has allowed the most egregious banking and money system to dominate our society for a century. It has caused immense damage:


    For example: The privatization of our monetary system, with control over public policy being in unelected hands, for whoever controls the money system, over time will control the nation.



    And look what they have done with that power:



    * They’ve given special privilege to create money to some, and disadvantage to others; which has led to an obscene concentration of wealth and a corresponding poverty! This has encouraged lawlessness and corruption among the privileged; pushing them to diseased excess for acquisition, and ignoring those among us in great need.

    

* They’ve turned economics into a primitive religion, and worshipped the “market” as a god, despite all evidence to the contrary. A primary tool they use is to denigrate and ignore evidence. “Anecdotal” was the description Greenspan used for real evidence that challenges their theories. A fundamental sin of poor methodology.



    * They have placed an unnecessary ball and chain on the leg of every producer by having the money supply itself bear an unnecessary interest cost to society.



    * They’ve foisted a “fractional reserve” system on us prone to periodic collapse. Credit will collapse during a crisis. Money does not collapse. Credit will collapse during a crisis. Money does not collapse. Money does not collapse.



    In our present system most of what we use for money – more accurately purchasing media – comes into existence as an interest bearing debt, when banks make loans. In that sense, most money in our fractional reserve system – is debt. But economists can’t seem to grasp that those rules can and must be changed. Afraid to confront their paymasters, who are benefitting from the injustice, they can’t conceive of practical ways we can use real government issued money for money instead of substituting private debt for it. They ignore previous attempts such as the Chicago Plan of the 1930s; and smear prior periods when such real money was used successfully.



    Errors of methodology regarding money include refusal to examine the facts and a tendency to ignore history where the monetary facts are found. This leads to the silliest errors of fact regarding monetary history including:

    

* Being unaware of the colonial periods’ excellent experience with government money.



    * The Continental Currency – they are generally unaware they were destroyed by Brit counterfeiting.



    * The Greenbacks – which is mistakenly characterized as worthless paper money, ignoring that they ultimately exchanged one for one with gold.

 (my question here: silver at some point, correct?)

    * The French Assignats – where they have again ignored Brit counterfeiting and enshrined the propaganda book written by a banking heir as unbiased fact (White’s Fiat Money in France)!



    * The German Hyperinflation is not recognized as occurring under a privately owned and privately controlled Reichsbank!

    

* Regarding the FED as part of the government!

snip

Banks are encouraged to continue lending as profit making companies, but are no longer allowed to create our money supply through their loan making activity.



    Thus, The NEED Act nationalizes the money system, not the banking system.

    Banking is absolutely not a proper function of government, but providing the nation’s money supply is a key function of government. No one else can do it properly. Talk of nationalizing the banking business really acts like a poison pill to block real reform. Same for talk of the states going into the banking business keeping the fractional reserve system in place, and allowing the banks to continue creating what we use for money! That would reform nothing and actually endorses the fractional reserve system! It is a farcical diversion, misleading some good people away from real monetary reform at the only time reform is possible – during a crisis. 


    All serious Monetary reformers understand that banks can not be allowed to create our money supply.


    …….


    Kevin Phillips
    

from:


    http://en.wikipedia.org/wiki/Kevin_Phillips_%28political_commentator%29



    Formerly a Republican Party strategist, Phillips has become disaffected with his former party over the last two decades, and is now one of its most scathing critics. 



    American Theocracy (2006)

    

Allen Dwight Callahan[1] states the book’s theme is that the Republican Party (GOP), religious fundamentalism, petroleum, and borrowed money are an “Unholy Alliance.”[2] The last chapter, in a nod to his first major work, is titled “The Erring Republican Majority.” American Theocracy “presents a nightmarish vision of ideological extremism, catastrophic fiscal irresponsibility, rampant greed and dangerous shortsightedness.”


    ………

    http://www.monetary.org/

    
Congressman Dennis Kucinich introduced the National Emergency Employment Defense Act (“NEED,” HR 6550*) which contains all the monetary reform provisions of The American Monetary Act- see the brochure at http://www.monetary.org. It is much more than regulation; it fundamentally reforms our private CREDIT/DEBT system now wrecking our nation and harming all humanity, and replaces it with a government MONEY system.
The Act achieves reform with 3 basic provisions. All three are necessary; doing one or two of them wouldn’t work and could cause more damage.


    In brief:


    First the Federal Reserve gets incorporated into the U.S. Treasury where all new money is created by our government – what people think happens now.


    Second, It ends the fractional reserve system. Banks no longer have the accounting privilege of creating our money supply. All their previously issued credit is converted into U.S. Money through an elegant and gentle accounting change. The banks are held accountable for this conversion and from that point operate the way people think they do now – as intermediaries between depositors and borrowers.


    Third, new money is introduced by the government spending it into circulation for infrastructure, starting with the $2.2 trillion the engineers tell us is needed to properly maintain our infrastructure over the next 5 years. Infrastructure will include the necessary human infrastructure of health care and education.


    Banks are encouraged to continue lending as profit making companies, but are no longer allowed to create our money supply through their loan making activity.


    Thus, The NEED Act nationalizes the money system, not the banking system. Banking is absolutely not a proper function of government, but providing the nation’s money supply is a key function of government. No one else can do it properly. Talk of nationalizing the banking business really acts like a poison pill to block real reform. Same for talk of the states going into the banking business keeping the fractional reserve system in place, and allowing the banks to continue creating what we use for money! That would reform nothing and actually endorses the fractional reserve system! It is a farcical diversion, misleading some good people away from real monetary reform at the only time reform is possible – during a crisis.

    All serious Monetary reformers understand that banks can not be allowed to create our money supply.


    Despite prejudice against government, most people are surprised to learn that history shows government has a far superior record in controlling the money system than private controllers have. And yes that includes the continental currency, the Greenbacks and even the German Hyperinflation; which by the way took place under a completely privatized German central bank, with all governmental influence removed! These facts, though not taught in your econ classes, are discussed at length in my book The Lost Science of Money (by Stephen Zarlenga, to purchase: http://old.monetary.org/lostscienceofmoney.html)


    Why listen to me? My University of Chicago training regarding independent thinking and reading fundamental sources; about 400 of which got into the bibliography. I’ve approached it honestly. I’ve been Director of the American Monetary Institute since 1996, after being its co-founder.

    Perhaps you will consider Prof. Kaoru Yamaguchi’s Systems Dynamics study of the American Monetary Act? He examined it with the most advanced computer systemology and found that:


    It pays off the national debt


    It provides the funds for infrastructure (solving the unemployment problem)


    It does this without causing inflation. 


    You can read his results at 

    http://www.monetary.org


  • Lili

    This is quite lovely to watch. But those of the younger generation have forgotten one thing: very shortly you will not give just your words, you will give your lives.

    Be prepared.

  • Rob

    There can’t be an Official List of Demands for the same reason that the internet doesn’t have an official favorite Top Ten list.

    Anyone claiming to speak for everyone is clearly a liar.

  • http://www.ourgreenthumbfarm.com Linda

    This issue is not about age. This issue is about greed. An old old old issue that humanity has yet to get a handle on. This battle has been fought over and over again historically. We are all standing on the shoulders of those who struggled to demand fair treatment. It’s not over yet. Keep the faith and keep on.

  • paul

    Well, dickhead, what I’ve seen so far is a bunch of hipsters, the same people who spent the last three years harassing anyone who dared question their worship of Obama.

  • econamike

    Why are they protesting “Wall Street” instead of the Federal Reserve.

    That fact alone tells me this is either an orchestrated “movement” or the so called protesters don’t have a clue – it has to be one or the other.

    This is equivalent to protesting against the car manufacturers bacause the toll booths charge too much.

    Why are they holding signs that say “Honk if you have student loans” ?
    These loans can’t be forgiven in bankruptcy because they are “backed by the GOVERNMENT!”

    • Bev

      Yes, the FED and EVERYWHERE
      posters
      t-shirts

      Help Everyone

      The NEED Act
      The National Emergency Employment and Defense Act

      Support
      Dennis Kucinich
      To Achieve This Goal

      …….

  • paul

    Good post, Bev.

  • jim Durkin

    Did these kids forget that their professors, who have coached them into turning against “the System”, are also the ones who change two or three words in their textbooks each semester (thus protecting the market for publication of new editions at higher prices and relegating as worthless last semester’s textbooks), and drive up the cost of education? Funny how the chickens come home to roost….All of a sudden, it is not so fashionable to admit you are wealthy, especially if you are a tenured educator.

  • econamike

    @Bev

    The one major flaw with the Kucinich bill is that politicians (the government) are even LESS trustworthy than Wall Street Executives.

    Would you REALLY have wanted George Bush to have a money printing press in his office?

    For example, if you owe money to a comapany, you can go bankrupt… you go “scott free” and that company is “S.O.L.”. Now try that with the governemnt, you think the IRS plays so forgiving? Ha!

    Why not just let the Queen rule over us again?

    • Bev

      No Debt Money.
      If all Money Is Debt, it doesn’t matter who is in office, it will collapse.
      It is Collapsing Now because of too much DEBT. By Design.

      Banks could not control Politicians and the fate of our Nation and the World as they do now.
      Public/Government Money has a better record than Banker’s Debt Money, such as the plentiful circulated Greenbacks.

  • http://washingtonblog nancy baer

    I don’t think the police can posibly jail 99% of the U.S. population !!! This is our chance to send a unified message to the greedy stricken 1% that we absolutely have had it….if only a third of us show up we will win. “workers unite you have nothing to loose but your chains ” a wise man once said. I urge anyone who can to find a city close to them to join the reveloution and help save the country from being destroyed by the unpatreotic 1%. Personally I’m waiting for word on a march on the state house in washington D.C. Come on friends of this country, let’s make a statement to loud for the media to ignor!!!!!!

  • Brad

    If only one message/demand is made by most of the crowd, I would reccomend “return to following the constitution”. For that would rid us of the Federal reserve, and allow money to be spent into circulation by the government rather than
    being an immediate interest bearing debt, ,ike Federal reserve notes are. We would have to end any wars that haven’t been declared by Congress…which is all of them… and restore the rights of the citizens that have been shredded by legislation like the Patriot Act, the Military commission act, etc, Also would get rid of many Federal government agencies and would allow those functions to return to individual states, like education
    food safety, etc. Notice how much of this sounds like Ron Paul?

  • Tatiana Covington

    Just don’t repay the loans! Let it all go to hell.

  • David

    Horray for the Want-It-Now-Generation! Down with all the elderly.
    They are so dumb and out of date. Free Iphones and Ipads for everyone!
    Who cares the rest of the world is getting smarter than we are. And
    that the U.S. economy may be heading for a collapse. We just want
    our toys to keep coming to us or we will riot. Lady Ga Ga for President!

  • David

    You want your children to be able to compete with
    other countries in the world job market? Advocate
    that Iphones, Ipads and cell phones be not brought
    to, or locked-up in schools and colleges. Watch the
    grades rise when less attention is on passing text
    notes to each other.

  • http://gringodaves.com Miguel Grande

    The protesters are not protesting the wealth disparity. The are protesting a private central bank system which operates as a pyramid scheme and which by design creates more debt than currency, through which the wealth disparity was forced upon us all without our consent. The protesters are protesting the US Government’s cover-up of the mortgage-backed securities fraud; the biggest financial swindle in history, which when it collapsed, wrecked the economy. Compounding that crisis was the decision by the US Government to deal with the fraud not by jailing the fraudsters, but by looting the American people to the tune of $27 trillion (Dylan Ratigan’s estimate) to hand Wall Street the cash to but back all the fraudulent securities from the numerous overseas banks and investors suckered into the scam.

    Iceland has shown the way. They jailed their crooked bankers and fired the government that tried to cover it all up, and right now Iceland’s economy is doing just fine, where the US and EU are hovering at the verge of collapse.

    THAT is what the protesters are protesting about!

    Michael Rivero

    Google “The Tiny Dot” by Larken Rose

    99% RULES!!

    • Bev

      Iceland has done part of the job, but it still uses Banker’s DEBT Based Money as their only currency…so that at some point when too much debt piles up, it will collapse again. They need to take control of their currency.

  • kyrilloz

    communists, socialists, unions, dopers, and Obama voters/supporters are the force behind the Occupy Movement as it is only those people who are acting up. Do you see Wall Streeter’s behind this? NO! Do you see the TEA Party behind this? NO! Only libertards are behind this! These are the people who have for over four years been drinking the cool aid that comes out of the NWO of which Obama and his gang of thieves are in.

  • ddr

    Student loans forced up the cost of a degree
    Too much money sloshing around looking for
    a school.Don’t need that many degreed people
    in no demand positions.

  • http://Myownmarketnarrative.blogspot.com Never accept the terms of service

    Jim durkin – you are so right. It’s time for professors to realize they’ve never ever stood up for anything. They’re part of the system, and teaching a few feel-good ideas in sociology class is nothing compared to setting a true moral example for the future leaders of the country.

  • econamike

    @Miguel Grande
    Ummm… If they are protesting “a private central bank” and not the wealth disparity then why are the calling themselves “Occupy Wallstreet” and why are they NOT camping out in front of the Federal Reserve?

    Ooops, sorry to ask such tough questions.

 

 

Twitter