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BillyTG (29.36)

*******4 THINGS TO PROTEST NOW ON WALL STREET*******

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October 07, 2011 – Comments (28)

These protestors are gaining traction, but they are still missing specific objectives. They need objectives. They need to focus in on some needed changes and demand that they happen now!

The underlying problem is CORRUPTION.  Our monetary system is corrupt. Our political system is corrupt. Our corporations are corrupt.  Our banks are corrupt. Our media are corrupt. The politicians and banks and corporations and media are all in bed together, creating the most corrupt, overeached conglomerate in the history of mankind. The corruption will end in massive violence, social uphaval, political and economic collapse, the likes of which our generations cannot even yet fathom.  The only chance we have to fix this thing is by demanding change now.  Here are a couple issues of the top of my head, things that piss me off, that could easily be targeted by the Occupy Wall Street crowds, things that the masses could understand, and that the 99% could most likely unanimously agree on:

1. Make Congressional insider trading ILLEGAL!!!  Holy sh!t this pisses me off. Why are these as$clowns, the people who MAKE laws,  the very laws that could hurt or reward publicly traded companies, allowed to legally inside trade?? Just saw a stat that 94% of elections are won by those with the most money. Other stats show that onc ein office, reelection is HIGHLY likely. Well, putting two and two together, it's because they crooks, ah hem, I mean politicians, enrich themselves in office, and get in chaoots with corporations right off the bat to ensure funding for the next election. People need to wake up and realize that our Congress is 100% bought and paid for special interests.

2. How about we demand that corporations NOT be classified as PEOPLE!! Ok, I'm getting worked up just writing this post.  Mitt Romney put a nice spin on it during one of the recent elections when he said he agreed with calling a corporation a person because "corporations are made up of people." What a snake! And people think this guy will look out for them?? Look who our Presidential choices are!! This is DISGUSTING!

3. How about this. How about we actually seek justice against high level criminals!  Americans are obsessed with throwing the book at people who commit victimless crimes (prostitution, marijuana use, etc) and petty crimes (shoplifting). Our jails and prisons are full of these types of nonviolent criminals. Yet, NOT ONE Wall Streeter has been prosecuted over the mortgage catastrophe.

4. Here's one more: End the FED! It is clearly UnConstitutional. How anyone can even possibly justify its legality is beyond me. The Federal Reserve is a private group made of unknown banks, several of which are likely not even American. We have another Presidential candidate, Herman Cain, who would NOT want to audit the Fed. He also happens to have once worked for the Fed.  WHY WOULD WE NOT AUDIT THE ORGANIZATION UNDERPINNING OUR  ENTIRE MONETARY SYSTEM??!!!  The IRS can audit YOU. If the government can pay for audits of middle class citizens, it can sure as hell pay for ONE audit of the Federal Reserve. In fact, I guarantee you could find patriotic professionals willing to audit it pro bono. Ditto for Fort Knox.

So there you go. 4 things off the top of my head that should piss you off. 4 things that normal Americans should be able to understand. 4 things that can be changed with the stroke of a pen. 4 specific things that these protestors can all agree on and get behind. 4 things to turn this corruption around, to demand accountability.

-Make Congressional insider trading illegal!

-Overturn the Supreme Court ruling that calls a corporation a human!

-Prosecute the Wall Street crooks worth hundreds of millions and Billions of dollars, the ones that knowingly broke laws to enrich and empower themselves. They are easy to find and we can create a list.

-End the Fed

28 Comments – Post Your Own

#1) On October 07, 2011 at 9:07 PM, Frankydontfailme (27.34) wrote:

It's amazing how far common sense will get you. That anyone would disagree with your post is beyond me.

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#2) On October 07, 2011 at 9:13 PM, BillyTG (29.36) wrote:

Franky, like a lot of my blogs, it started off as a comment, in response to TMFBane's blog about the Wall Street protests.

I was really worked up thinking about how obvious some of the problems are, and can see how many typos and missing words I have in the blog because of the emotion and rapid typing!  I love my country and feel absolutely outraged and enraged at the corruption.

 

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#3) On October 07, 2011 at 9:25 PM, devoish (98.52) wrote:

1 - is already illegal. Insider trading is illegal.

2 - ok.

3 - ok

4 -  I would rather see 70 years of a Fed that has to distribute money to banks through 310 million SSI accounts rather than through 10 central banks.

5 - outside advice on how what they need to do.

 

 

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#4) On October 07, 2011 at 9:52 PM, BillyTG (29.36) wrote:

devoish, guess what buddy? Insider trading is LEGAL if you're a Senator or Congressman. Google. Now do you see why you should be pissed off?

I absolutely 100% guarantee you we will not see 70 more years of the Fed. 

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.---Thomas Jefferson is a prophet.

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#5) On October 07, 2011 at 9:54 PM, lasano (51.96) wrote:

1. as Devoish said, it already is illegal...but not only that your argument is a little..well...you are saying that while they are in office they make their fortune. At the same time, you claim (and I don't disagree with you on this point) that wealth is what got them elected to begin with. It's merely an editorial comment that perhaps you would like to edit that point so it is more clear on what you mean. (I don't completely disagree with you on this point)

2. ok

3. Agreed

4. I believe we need the FED, but agree with you that they should be audited, and on a continual basis. 

 5. Remember that no system is perfect. :-) But I admire your post. It is clear that you are more than a little miffed at the establishment. It is your freedom to state how you feel, and you did exactly that. :-D

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#6) On October 07, 2011 at 10:10 PM, BillyTG (29.36) wrote:

lasano, my point is that allowing politicians to legally commit crime enriches them which then furthers their corruption.  It's a corruption snowball. It is so obviously wrong that already two of you guys (incorrectly) pointed it out as an error.

Most politicians elected at the federal level are already wealthy. Those that are not become wealthy. Those that are become much wealthier.

These charts show relection rates.

More.  The problem is money in politics. We need to cut the money out of the process. No corporate donations. No special interest donations. No bank donations. Candidates should compete on their ideas and records. As it stands, there is nearly a perfect correlation between most money and election wins.

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#7) On October 07, 2011 at 10:13 PM, BillyTG (29.36) wrote:

devoish, could you explain your item 5?  Are you saying the protestors need advice on how to organize these demands, how to make them reality? If so, I agree! If I'm misinterpreting your comment, please expand a little.

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#8) On October 07, 2011 at 10:13 PM, lasano (51.96) wrote:

Hi BillyTG

I agree with you that money should not be part of the process. Definitly no donations from corporate, special interest, or banks. :-) 

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#9) On October 07, 2011 at 10:49 PM, devoish (98.52) wrote:

Billy,

I meant they are doing fine without us and they do not need our advice on how to proceed. In fact, I'm going to write a post to that effect.

Best wishes,

Steven

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#10) On October 07, 2011 at 11:02 PM, BillyTG (29.36) wrote:

I meant they are doing fine without us and they do not need our advice on how to proceed.

 Steven, point taken. The protest seems to be growing larger by the day, getting the notice of mainstream news, President Obama, and Ben Bernanke. Their legitimacy grows with each new protester and with each peaceful protestor beat down by police. Their list of demands, as you point out, already include two of the things I mention, and their other demands sound perfectly reasonable. I salute them and stand with them in spirit as I am out of the US.

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#11) On October 08, 2011 at 8:49 AM, BillyTG (29.36) wrote:

devoish, you wrote: I would rather see 70 years of a Fed that has to distribute money to banks through 310 million SSI accounts rather than through 10 central banks.

You do realize that the Federal Reserve is not Federal, right? It is a collection of banks. We don't even know the banks. So, you're advocating for 70 years of secret banks distributing money to banks. Once again, your reasoning has me stumped.  What 10 central banks are you talking about?

Anyways, rethinking my post, consider this my personal rant of 4 things I want changed now that I think the public can get behind. Occupy Wall Street protest has its own agenda and I have mine.Maybe I'll have to start my own protest campaign.

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#12) On October 08, 2011 at 8:56 AM, TMFBane (40.33) wrote:

BillyTG,

Nice post! I think you've put together a pretty impressive list.

They should listen to you! 

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#13) On October 08, 2011 at 10:10 AM, TigerPack1 (97.81) wrote:

Billy,

THERE SHOULD BE ONE CENTRAL, MAIN DEMAND THAT WOULD CAUSE A CHAIN REACTION OF EVENTS.

MAKE THE FEDERAL RESERVE SYSTEM ILLEGAL, SINCE IT IS ALREADY UNCONSTITUTIONAL.  ENDING THE FED, would help along most ALL the causes being championed by the Occupy Wall Street crowd over the next 5-10 years. 

You CANNOT have an outside, unaccountable, unelected, UNAUDITED group of white men in a closed, secret room, control the world economy, and expect good things to happen!

It is really quite simple!  They should surround the nearby NY FED bank and camp out there!  BEN's PONZI HYPERINFLATION scheme is about to destroy western free-market capitalsim and democracy, and he was never elected by the general population.

The U.S. worked just fine for 200 years, without a powerful central bank, and can do so AGAIN.  Period.  The U.S. economy grew +5% in real, inflation adjusted terms before we left the gold standard in 1971 for 200 years, and has grown about +2% since we entered a fiction-based fiat money system the last 40 years.  That's the ONLY FACT to argue.  We need sound gold-backed money controlled by elected and accountable officials.  The simple answer is the best.

Occupy Wall Street is just a few blocks away from getting it right!

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#14) On October 08, 2011 at 10:17 AM, BillyTG (29.36) wrote:

TMFBane and Quantemonics1, let's start our own revolution!  Maybe the brains here at TMF can meld together a great list of demands and start our own grassroots uprising. I'm in if you guys are.

I agree with devoish that the Occupy Wall Street  group is obviously doing something right and doesn't need our help except in showing up in person to support and providing leadership there. Maybe it was their initial clumsiness and undefined angst that drew in so many others who felt similarly and wanted an opportunity to express their frustration.

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#15) On October 08, 2011 at 10:26 AM, TigerPack1 (97.81) wrote:

For those new to CAPS, here is my list of demands, written two years ago, of the priority items to FIX AMERICA...

http://caps.fool.com/Blogs/how-to-fix-america/302070

Sadly, not one of them has been pursued by the authorities or leaders of America.

The longer we wait to address our structural economic, judicial, and constitutional problems, the BIGGER the MESS is becoming.

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#16) On October 08, 2011 at 10:53 AM, BillyTG (29.36) wrote:

Quantemonics1, outstanding list.  I had already rec'd it and was following it, so it obviously got my attention before.

Well, Obama is dead, not with the shocking nuke-and-withdrawl you wished. Additionally, the fallout to his assassination was not us leaving the Middle East, but extending our reach even deeper...

Maybe we should be petitioning TMF to setup a economic-political change forum, perhaps a sidebar on blogs, where we can put together ideas. TMF has the potential, with its hordes of middle class, educated, financially responsible adults, to create a stir. There are things you name, things I've named, things the OWS group has named, things others have named---that nearly everyone (except those very, very few beneficiaries who established rules in their favor in the first place) can agree needs to be stopped/changed/reversed. The TMF blog setup pushes great ideas off the map. We need a workable, visible sharing forumright on the frontpage of either TMF or blogs.

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#17) On October 08, 2011 at 11:27 AM, CRoss8 (< 20) wrote:

http://www.getmoneyout.com/about

http://www.amazon.com/Republic-Lost-Money-Corrupts-Congress--/dp/0446576433/ref=sr_1_2?s=books&ie=UTF8&qid=1318087597&sr=1-2

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#18) On October 08, 2011 at 11:34 AM, BillyTG (29.36) wrote:

CRoss8, I'll have to ask the library to order a copy of that book.

From your first link, a poweful message:

******************************************************************

It's time to get Money Out of Politics

It’s time to get things done and finally get money out of politics. Our Washington insider Jimmy Williams is now preparing a Constitutional amendment to get big money from special interests out of our political system. We all know that they buy access and influence through campaign contributions, and benefit from the big payoffs (examples: Wall Street, health care, banking) and, of course, provide a lucrative revolving door to soften the blow when elected officials leave office.

Steps are already being taken by some big names. Starbucks CEO Howard Schultz urged fellow CEO’s and campaign donors this week to boycott campaign contributions until the parties actually do something constructive to fight long term fiscal concerns and the jobs crisis. Former PA Gov. Ed Rendell has said he will support it as well:

There are so many legislators who have said to me, gosh, if I could vote in secret, I could vote for your proposal Governor because I know it’s the right thing to do. But I can’t do it. The other side will raise money on it and kill me. And that’s what’s so important — it is so important to get the influence of money out of politics. Because if you get the influence of money out of politics, we will get people who will actually vote their conscience.  And I think that’s extraordinarily important. You’re right to say it’s not the lobbyists… but it is the money that perverts the entire process…. I would be interested in Jimmy’s drafting the amendment.

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#19) On October 08, 2011 at 11:44 AM, TigerPack1 (97.81) wrote:

BillyTG,

Motley Fool is doing their part by giving U.S. this forum to actually speak the truth.  I am grateful for that, and do not feel they need to venture into radical politics, no matter how fruitful the discussion might be.

The old school, born to riches, white elite class, controlling the Repooplican party is coming out against the Occupy Wall Street group, despite many of the protestors being Tea Party advocates as well.  Those controlling the gold and the purse-strings, will not bow out without a fight, using a physical crackdown and major bloodshed to keep power if necessary.

NYC Mayor Bloomberg is laying the groundwork to physically move out the protestors with the National Guard.

The powers that be, shall be, forever more in America - assuming a violent revolution does not depose them.  The revolutionary stage will not get here until after the November 2012 election, in my estimation, at the earliest... We live in interesting times, for sure!

First BEN will have to destroy capitalism and democracy with HYPERINFLATION, then the masses will revolt. Inflation for food and energy is the root of all violent government overthrows, ask the fallen dictators of the Middle East in 2011.

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#20) On October 08, 2011 at 11:58 AM, wolfman225 (68.78) wrote:

"....despite many of the protestors being Tea Party advocates ...."

No one from the Tea Party is involved in the demonstration.  If you are refering to some of the more fringe Ron Paul supporters, they in no way represent the views of mainstream members of the Tea Party.

"NYC Mayor Bloomberg is laying the groundwork to physically move out the protestors with the National Guard."

Do you have documented proof of these plans?  Not that he would be wrong to do so.  Bloomberg has said from the start that the protesters would not be allowed to occupy the area indefinitely.  Also, FYI, these demonstrators are occupying a park, private land.  When/if the owners of the property decide they no longer wish to allow the occupation (and resulting property damage) they have the legal right to insist that the crowd peaceably disperse.  If they refuse, they are trespassing on private property and are subject to arrest.

"First BEN will have to destroy capitalism....'

Haven't you heard?  That is exactly what some of the participants in the protest want to have happen!  One of their goals is to "tear down the Capitalist system".  They are rather vague on what they plan to replace it with that would be fairer and would result in more opportunity for the average guy to gain wealth, though.  I guess it'll be like ObamaCare (we'll have to pass the bill to see what's in it), we'll have to wait until it happens to see what happens.

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#21) On October 08, 2011 at 12:02 PM, BillyTG (29.36) wrote:

Quantemonics1, I don't like hearing you say these things! It only reinforces what I already feel in my gut will happen, and that's scary! You're right that this is a great forum to voice ideas.

Any police action adds fuel to the fire.  Every time the public sees police club or tase or mace a peaceful person, they are more and more are inclined to stand up against the powers that be. There is simply no excuse to EVER physically harm a peaceful demonstrator. Images of girls being clubbed by big police are not helpful to the police, and are helpful to the demonstrators' momentum. The NYPD seems to be the most abusive so far, and I can easily see your National Guard intervention playing out. Many people seem to have forgotten that the police are to serve the PUBLIC, to protect the PUBLIC, to defend the PUBLIC's right to peacefully assemble. Today we have a police state in which they are used to protect politicians and businessmen. It's all backwards. We are quickly approaching a tyranny vs liberty standoff, where people fear government and the politicians and super wealthy fear the people. The standoff won't be pretty:

"When governments fear the people, there is liberty. When the people fear the government, there is tyranny. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."---Thomas Jefferson quote, possible variation of his actual words

And on that note, I'm off to start my weekend! 

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#22) On October 08, 2011 at 12:31 PM, amassafortune (29.45) wrote:

#4 - and related #11 comment that the Fed is a collection of private banks.

Congressional Research Service Finds US Exposure To Europe At $640 Billion

This $640 billion approaches the total $700+ billion that the U.S. pumped into the fall of 2008 rescue package. The Fed's official line is, once again, ensuring adequate liquidity and shoring up confidence in the system. The fact that the cash infusion protects the interests of Federal Reserve member banks is not a stated benefit.

Thank goodness (sarc) the Fed is propping up european banks, because, as also reported by ZH, european banks no longer trust each other enough to risk their own assets toward the effort. From the ZeroHedge article,

"Never before have European banks parked as much of their hard earned cash with the only two remaining pillars of "stability", the Fed and the ECB."

In uncertain times, keep your assest with those you know have your back.

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#23) On October 08, 2011 at 7:06 PM, eldemonio (98.92) wrote:

If you read through the official list of their demans, a few are very similar to what you have come up with.  People say that these protests don't have any substance, but that is far from the truth.

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#24) On October 09, 2011 at 9:32 PM, TigerPack1 (97.81) wrote:

Thomas Jefferson and George Washington AGREE, the large money center banks and U.S. Federal Reserve system are destroying AMERICA and the world economy as a side effect...

http://www.zerohedge.com/contributed/occupy-wall-street-and-occupy-fed-two-sides-same-coin

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#25) On October 09, 2011 at 9:35 PM, TigerPack1 (97.81) wrote:

Sorry Mr. Buffett, but your support of Wells Fargo, Bank of America and Goldman Sachs (to name a few) are part of the problem, not the solution to America's ills!!!!

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#26) On October 09, 2011 at 9:45 PM, TigerPack1 (97.81) wrote:

Zero Hedge has gotten more radical in its thinking the last 3 months, and in my opinion, is correctly warning people about the truth. The truth is hard to accept for many of U.S., but it shall set U.S. free in the end.

More and more people are realizing the folly of BEN's PONZI scheme and push for fraud-based HYPERINFLATION in the western world...

http://www.zerohedge.com/contributed/i-stand-protesters

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#27) On October 10, 2011 at 8:25 AM, TigerPack1 (97.81) wrote:

Simon and I have been arguing for common sense solutions for two years now... http://www.bloomberg.com/news/2011-10-10/too-big-to-fail-not-fixed-despite-dodd-frank-commentary-by-simon-johnson.html

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#28) On October 10, 2011 at 8:51 AM, Bert31 (23.62) wrote:

Taking money out of politics would necessarily include a ban on politcal campaign donations from Unions that are currently supporting OWS.  So until their list includes banning tehmselves from political campaign donations, they have no credibility to make demands of others to do so.

Secondly, where was the police brutality at the tea party protests?  I don't remember them getting pepper sprayed, clubbed, etc.  Oh, maybe thats because none of them defecated on a police car?

 http://www.dailymail.co.uk/news/article-2046586/Occupy-Wall-Street-Shocking-photos-protester-defecating-POLICE-CAR.html

Add toilet paper to a list of the demands!

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