The "Occupy Wall St" Protest

The "Occupy Wall St" Protest

PostBy: mikeandgerry On: Wed Oct 05, 2011 7:00 pm

Clearly, the excesses and extremes of capitalism have been a point of contention for centuries among the masses. In the history of this nation laws were enacted to prevent the destructive forces of monopoly (through anti-trust and similar measures), pure competition (through price supports, subsidy, unionization and labor laws), and defective products, price gouging and the like (through regulation, taxation, and civil action).

In return, the people got safer products, better jobs, and lower prices while the corporation continued to enjoy relative freedom in the marketplace. I say relative because most of the business was in the US, unimpeded by foreign competition. In an economic market place of global boundaries, the investments of corporations have become riskier as unregulated foreign competition takes advantage of the sea change in relative freedoms when compared to US based businesses.

The protesters on Wall St who wish to protest the corporate "greed" of their generation need to turn to the greed and complicity of their legislators, particularly those on the left who have engendered a system where the corporation, saddled with relatively high regulation compared with Asian companies, has had to struggle to maintain similar profitability under circumstances of greater competition. Such circumstances don't lend themselves to kinder or gentler big business.

As jobs and profitability wane, the protesters complain more that the lifestyle they have, courtesy of the "greedy" corporation, is faltering. They have called for donations for their cause, they call for better wages for workers, they call for cheaper products for consumers, they call for less profiteering from corporations, but really, isn't that what enables them to exist with regard to their protests? If unsupported by high wage-earning donors, deep-pocketed philanthropists, and corporate professionals, who else would have the time, money or energy to protest?

Clearly the pot is calling the kettle black here and they are oblivious to their own largesse as a result of corporate benevolence. I know that is a hard pill to swallow for most people; that somehow corporations have been indirectly kind to us as a whole, but the reality is that they have made our lives better, not worse. Protesters have no idea the degree to which corporations have positively affected their health and well being, lifestyle, and happiness.

The protester's vigilance is admirable, but they need to yield the right-of-way for the sake of true freedom.

Protesters take heed: Greed is a one-way attitude on a two-way street.
mikeandgerry
 
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Re: The "Occupy Wall St" Protest

PostBy: franco b On: Wed Oct 05, 2011 7:04 pm

Well said, as always.
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Re: The "Occupy Wall St" Protest

PostBy: mozz On: Wed Oct 05, 2011 7:09 pm

You have some of it wrong. Greed usually does not belong to the protesters, greed is the corporations whom can't be happy with what they have. Plain and simple, people protest for a reason. Oil was down to $75/barrel yet do you hear anything about it? No. Just when it goes up you hear about it because they, the media, are partly paid to cause panic. Most people in this country are stupid, are sheep, and that is the biggest problem right there. They believe whatever they are told and shrug their shoulders when asked what they would do to fix a problem. I have a hard time getting some 20 to 40-50 year olds to get out and vote, they don't care.
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Re: The "Occupy Wall St" Protest

PostBy: jpete On: Wed Oct 05, 2011 7:15 pm

mikeandgerry wrote:Clearly, the excesses and extremes of capitalism have been a point of contention for centuries among the masses. In the history of this nation laws were enacted to prevent the destructive forces of monopoly (through anti-trust and similar measures), pure competition (through price supports, subsidy, unionization and labor laws), and defective products, price gouging and the like (through regulation, taxation, and civil action).

In return, the people got safer products, better jobs, and lower prices while the corporation continued to enjoy relative freedom in the marketplace. I say relative because most of the business was in the US, unimpeded by foreign competition. In an economic market place of global boundaries, the investments of corporations have become riskier as unregulated foreign competition takes advantage of the sea change in relative freedoms when compared to US based businesses.


Which country do you live in?

Regulation, taxation, and subsidy are the antithesis of capitalism. I laugh when people claim we live in a capitalist country. Nothing could be further from the truth and it's been that way for nearly a century.
jpete
 
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Re: The "Occupy Wall St" Protest

PostBy: Dann757 On: Wed Oct 05, 2011 7:25 pm

Excellent post Mike. Don't know what to say except I have disdain for the protesters. I believe Obama is just delighted. I saw a post on the west coast telling the protesters not to wear tye-dye; to dress up and look respectable. :lol:

I see a lot of posts on other forums like:

"3 observations that are quite amusing

1. Union policeman pepper spraying left wing hippies, the fragmentation of the left brought to you by Barrack Ofailure Obama.

2. Protestors using their Iphones (Apple stock symbol AAPL) and AT and T connection (stock symbol T) to send out video to show how they are going to bring down corporations and Wall Street! LMAO, awesome plan!

3. Protestors eating Pizza Hut pizza (Yum brands stock symbol YUM) while drinking Starbucks coffee (stock symbol SBUX)

They'll teach those no good corporate bastards! Buhahahahahaha "

A lot of people say the protesters are in the wrong place; they should be down at the White House.

Hey jpete, what country do you live in? Leftwingistan? Let's see you write as well as Mike. You just make blatant, absolutist, oppositional statements. :)
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Re: The "Occupy Wall St" Protest

PostBy: freetown fred On: Wed Oct 05, 2011 8:14 pm

Good post Michael. ;)
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Re: The "Occupy Wall St" Protest

PostBy: samhill On: Wed Oct 05, 2011 8:53 pm

BS as always. A way with words but talk is cheap.
samhill
 
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Re: The "Occupy Wall St" Protest

PostBy: lsayre On: Wed Oct 05, 2011 9:07 pm

We don't have anything near classical laissez faire capitalism in this country. We have a mixed economy that is closer to one third socialism, one third corpratocracy, and one third militaristic fascism.
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Re: The "Occupy Wall St" Protest

PostBy: SMITTY On: Wed Oct 05, 2011 9:38 pm

I believe we've hit 3/5ths socialism now .... :|

Yeah I don't know what to make of these hippies .... actually ... now that I see HEAVY union support, I think I know what to expect now. Yesterday they made no sense - they were all over the place. I agree we should end the "Fed", I agree that those on Wall St. that were involved in shady dealings should be prosecuted (not literally burned at the stake ... or beheaded) ... but the guy next to him is waving ultra-left-wing propaganda signs funded by well-funded left wing organizations. Now that I see unions involved, my suspicions have come true.

Someone is behind this .... and it's not anyone I'd share ideology with. Someone has a plan ..... :gee: Can't wait to see how this one plays out ....
SMITTY
 
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Re: The "Occupy Wall St" Protest

PostBy: plumb-r On: Wed Oct 05, 2011 9:39 pm

Nice post Mike, This is just what Obama and the left want.They are trying to create class warfare. Now the Unions are joining in. They are just looking for someone to blame, and if someone is doing good and your not, it must be their fault. It's always easier to blame the other guy than it is yourself! ;)
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Re: The "Occupy Wall St" Protest

PostBy: samhill On: Wed Oct 05, 2011 10:07 pm

Funny how the T-party is OK with it's backers but anything with a different viewpoint is not. The Constitution at it's finest, if no one on Wall St. had anything to do with the crash then all well & good, the Gov.(which is run by Wall St.) wasn't going to do anything unless just maybe they will have to now with the protests & a couple others investigating it may get interesting. Just a bunch of mostly younger citizens exercising their rights. As long as it's kept orderly then no harm no foul, if they start disrupting traffic again that's another story.
samhill
 
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Re: The "Occupy Wall St" Protest

PostBy: SMITTY On: Wed Oct 05, 2011 10:23 pm

Sam, you do realize that the majority of Wall St. companies -- you know, "evil" corporations .... donated HEAVILY to democrat candidates, right? When the media links Wall St. to the Republicans, it's a win-win for dems -- the Republicans get all the blame for their idiotic policies, while the St. spirals downward. You do know that Bernie Madoff was a BIG dem donor, right?

Funny how the unions have jumped in this, feet first.

Remember the saying: WATCH WHAT THE OTHER HAND IS DOING .....

This is too convenient for Obama .... :gee:
SMITTY
 
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Re: The "Occupy Wall St" Protest

PostBy: jpete On: Wed Oct 05, 2011 10:27 pm

I don't recall any backers when I was putting up Ron Paul signs. Is there someplace I can submit a receipt and get reimbursed?

The problem with the OWS folks, is for the most part, they want MORE of what I want less of.

They want more government, not less. They just want to be the beneficiaries of government largess instead of Wall St.
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Re: The "Occupy Wall St" Protest

PostBy: SMITTY On: Wed Oct 05, 2011 10:28 pm

I think you hit the nail there, Jpete
SMITTY
 
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Re: The "Occupy Wall St" Protest

PostBy: VigIIPeaBurner On: Thu Oct 06, 2011 6:44 am

jpete wrote:I don't recall any backers when I was putting up Ron Paul signs. Is there someplace I can submit a receipt and get reimbursed?

The problem with the OWS folks, is for the most part, they want MORE of what I want less of.

They want more government, not less. They just want to be the beneficiaries of government largess instead of Wall St.


Yes, think about it ...

VigIIPeaBurner
 
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