Posted on 10/11/2011 4:41:08 AM PDT by scottfactor
We continue to watch the senseless, misguided and mostly young people in New York and other major cities waging their ignorant protests against our capitalist system—the very system that has given them their comfortable lives. I suppose these Occupy Wall Streeters are hoping to mimic the success of the Tea Party movement, but that will never happen. The Tea Party movement is a real, grass roots movement with a clear message grounded in truth, but the Occupy movement is nothing of the sort. We have also seen that—as usual with the Left—there are people who are being paid to protest.
What we have with the Occupy punks are a bunch of spoiled brats who literally want to bite the hand that feeds them. Although the majority of the protesters appear to be young, there are a number of older ones participating, too, and that is amazing to me. My grandmother used to say that there’s no fool like and old fool. I know what she meant.
What is their message? The answer depends on who you ask. There is no coherent message other than their apparent unwarranted hatred for bankers and common catch terms and phrases like “corporate greed” and “tax the rich.” Marxist class envy is at the top of the menu. Apparently these losers do not see the irony in their denouncing so-called corporate greed while they themselves display greedy covetousness toward other people’s money.
They apparently have a list of demands which reads like something a stupid child would draft. The demands are nowhere near the realm of rationality, and no answer is given as to how their foolish wants would be funded, because “tax the rich” would not come anywhere near cutting the mustard—even if all the wealth of the “rich” were confiscated!
Dr. Theo, in a column he wrote for Dakota Voice, listed some of the demands that were posted on an Occupy Wall Street website. In part, the list includes demands for a twenty-dollar-per-hour minimum wage, a living wage regardless of employment, socialized medicine with the abolition of private health insurance, free college education, open borders migration, and trillions of dollars of taxpayer money being immediately spent on infrastructure and the environment.
These mindless automatons do not seem to understand that these utopian demands are impossible to achieve in the real world. Neither are they good things, even though piggish human nature tends toward believing it is good to get what you have not earned. These people have been sorely miseducated in our government-run public schools to believe that socialism is the answer to our woes. They do not understand that socialism will lead to a country’s collapse. It is too bad that they choose to occupy Wall Street instead of occupying their own minds.
In the past several days, Republican presidential candidate—and my very favorite—Herman Cain has had some strong and correct words for the idiots waging these moronic protests. He has said that if those people are unhappy with their situation in life, they have only themselves to blame. Amen!
In his Sunday column published at WorldNetDaily Mr. Cain wrote,
“One of the most important things an individual must master is the understanding of how one accesses opportunity. Even in a poor economy made worse by absurd government economic policies, this is still America and there are still many opportunities. There should be far more, but there are many.
The person whose strategy is to wave a protest sign and complain about the success of others is not going to be successful at accessing that opportunity. Even at the times in my life when I struggled, I did not embrace the delusion that I lacked what I wanted because someone else had too much. I recognized that a person with wealth was the very person who could offer me an opportunity.
But I learned as I progressed in my career that you're not going to get an opportunity just because you need it, or think you're entitled to it. You're going to get an opportunity because there's something you can offer that person of wealth, or that big capitalist corporation, that makes it a mutually beneficial arrangement for both parties. Maybe there's a skill or knowledge you can offer that person or organization, which will make them more profitable, and make their investment in you a wise one for them. But before you can even try to access opportunity in this way – which is to say, the right way – you have to understand how and why people earn wealth.
The people protesting on Wall Street this week give no indication that they understand this. They don't understand that investors and corporations have to put capital at risk, work hard, make good decisions and bring products and services to market that people consider worth their money to buy. They don't understand that you don't earn until you first effectively serve.
When I say they should blame themselves for their status, they may not realize it, but I'm really putting the power in their hands. You can wave signs and make demands, but there's no reason anyone will want to give you an opportunity if that's all you do – especially when the message you send to those who could give you an opportunity is that you resent them.”
I love Herman Cain! I know that the more Americans see of him the more they will like him, too. He is a wise thinker and straight talker, and he is not afraid to tell it like it is to those idiots protesting what they do not even understand.
CNS News reported on Mr. Cain’s appearance at a book signing in St. Petersburg, Florida last week. During that event, Mr. Cain again addressed the issue of the Occupy Wall Street protesters.
"Republican presidential candidate Herman Cain on Wednesday called the Occupy Wall Street protesters anti-American and anti-capitalistic.
'Don't be jealous, don't be envious,' Cain said as he signed copies of his memoir. 'I don't have much patience for someone who does not want to achieve their American dream the old-fashioned way.'
... When asked about the thousands of people that have been protesting in lower Manhattan, Cain said, ‘They're basically saying that somehow the government is supposed to take from those that have succeeded and give to those who want to protest. He added: 'That's not the way America was built.'
Cain said people should instead protest the White House and President Barack Obama because the president has not created jobs. Bankers and others on Wall Street have created jobs, he said.
'They're protesting in the wrong place,' Cain said. 'I'm not sure I know why they're there. If they're there because they are jealous of Wall Street and bankers and people who have succeeded, then they're there for the wrong reasons. This country is based on people who achieve their dreams and work.'
He added that the protesters 'should go figure out what America is all about.'"
There is a foundational point. The kids do not know what America is all about. They have been taught Marxist class warfare and envy of those who have more than they do. They have been infested with an entitlement mentality that results in self-deceptive thinking. They are deceived if they believe that they are owed something for nothing. They are deceived if they believe that those who have been successful in their lives have taken money away from those who have not been successful.
In fact, these Occupy protesters are horribly soft targets for the rational majority of our country. It is quite easy to shred their stupid arguments, because their arguments are mostly void of truth and rationality. Their whole purpose would be laughable if not for the seriousness of the fact that this kind of ignorant thinking really does passionately infect people in our great nation. Here is a monumental task: the undoing of this sort of deranged thinking. That may be quite impossible.
We may never be able to make these people see the error of their thinking and to understand that what has made America great has nothing to do with socialistic, central-planning government and redistribution of wealth. Many of our nation’s problems have been caused by the very ideas they support. Socialism and communism are destructive, even deadly, forces, as history has repeatedly shown us. That anyone still believes he can make those bankrupt systems work is senseless, and to see these people making ridiculous scenes in support of their deranged beliefs is profoundly disturbing.
This Occupy movement is a creation of the communist Left. Despite its disjointed, delusional messages, it is well-organized and already has its own public relations firm, slogan (I am the 99 percent), and the backing of George Soros’ money. In fact, as reported by the Blaze, The Working Family Party, the SEIU, ACORN, The New Party, The Democratic National Committee, Democratic Socialists of America, the Tides Foundation, George Soros and The Obama Administration are all connected to the creation of the Occupy Wall Street movement.
The ultimate goal of these communist leftists is to kill our capitalist system and traditional American way of life, to eliminate the middle class, leaving only the powerless poor and the powerful rich. The punk protesters lying in the streets do not know that they are demanding their very own undoing, but the evil wretches in leftist positions of power certainly know the outcome if their plans prevail. The destruction of the United States of America as we know it is their diabolical goal, and we must do all we can to defeat them. They must not be allowed to succeed.
***The punk protesters lying in the streets do not know that they are demanding their very own undoing,,***
They are being USED. Sad thing is they are someone’s kids and when the first one is shot dead or horribly injured by the police then we should examine whether ‘he/she got what they deserved - or someone is provoking riots’.
Kent State redux!!!!!http://en.wikipedia.org/wiki/Kent_State_shootings
I don’t know which is worse- the stupidity of these airhead protesters or the fawning praise of the democraps.
This is a manufactured group of useful idiots in a failed attempt to show they are just like the TEA party - but on the other side.
WE NEED TO CHECK THE BACKGROUND OF THESE PEOPLE.
who is paying them? Who is supplying food? Where were they recruited? Is it cold in those sleeping bags at night?
Whole article is a pantload.
The Banks privatize profits and socialize their losses.
Trade agreements which allow the use of child and slave labor in other countries have sucked out the opportunities for our young to find jobs in this country.
Trickle down economics have proven to be full of empty promises.
Large corporations like Mobile and GE and many others pay no taxes on billions of profits.
Capitalism has not come out of this depression unscathed.
What do you call it when TBTF banks take taxpayer monies?
Socialism bailing out capitalism?
The GOP had better take heed of the mood in this country.
It wasn’t just young kids marching in Occupy Tampa.
Wait until it dawns on them they are slaves and nothing more. Through out history who do the maggots look to control. The youth because they know little.
You believe so much that simply isn’t true. Let me take one of your assumptions apart and leave the rest to others.
I just looked up the GE 2010 statement. They earned about 11 billion. They paid their shareholders about 6 billion. Those 6 billion shareholders are mostly US citizens. Those US citizens paid at least 900,000 million on their profit share.
Further, GE paid over 17 billion in interest expense to others. That amounts to 17 billion in interest income to investors. The income tax due on that income is at at least 15%.
The stock trading volume averages 79 million each and every day. That means that 79 million in potentially taxable capital gains each day.
Even ignoring the amounts they pay vendors, employees, landlords etc, GE contributes both to our economy and to our government revenues.
In a similar way, your other statements are false.
Your logic.
Really?! Could you name a single statement in the column that is incorrect--or as you so eloquently and maturely (manurely) put it--a "pantload"?
The article is not wrong. You should get on back to your sleeping bag and tent. I'm sure "they" will be serving the catered lunch soon.
GE takes other peoples money, invests it and gives a return to the investors. That is its purpose in life. GE gets money to invest from two sources, stockholders and lenders.
The shareholders want a certain return on their investment. The lenders want a certain amount of interest income on their investment. Raising income taxes on GE will not change the amount investors want for a return or change the amount lenders want in interest income.
In order to satisfy the various markets, GE must obtain a return sufficient to produce the results it needs for its investors and its lenders. If it fails at this the company fails.
If you raise any of the costs of doing business, including energy, regulations and income taxes you reduce the profits of the company. When this happens, the investors don’t really care, they just begin to pay less for the stock and the lenders raise interest rates because the company is riskier.
GE can react three ways to an increase in costs (including income tax), 1) do nothing and it eventually goes out of business for lack of capital 2) Reduce costs by eliminating jobs vendors etc or paying less for same jobs or vendors and/or eliminating the least profitable divisions or 3) raise prices. Most companies will do a combination of 2 and 3.
When GE reacts as it must then all the stuff you demand of it goes the wrong way. It has no choice but to eliminate US jobs in favor of foreign labor, transfer whole divisions to other parts of the world, and finally increase the cost of the good and services you purchase from it.
If you want US companies to do more of what you desire, you should want us to go back to the original income tax passed in 1913 when US companies were only taxed once. We are taxing the income on these companies twice and wondering why they are fleeing our borders.
Listen, you want more jobs here, you want more revenues here, you want companies to play fair with the income tax then change the landscape to one that actually rewards the investors of companies like GE for doing those things rather than punishing its investors by punishing the company.
Punishment as a system only works short term. I see it with my children and my employees. It is rewards that motivate people to take the risks which yield long term benefits.
Did you even read the link that I posted?
From the article...
In a regulatory filing just a week before the Japanese disaster put a spotlight on the company’s nuclear reactor business, G.E. reported that its tax burden was 7.4 percent of its American profits, about a third of the average reported by other American multinationals. Even those figures are overstated, because they include taxes that will be paid only if the company brings its overseas profits back to the United States. With those profits still offshore, G.E. is effectively getting money back.
Such strategies, as well as changes in tax laws that encouraged some businesses and professionals to file as individuals, have pushed down the corporate share of the nation’s tax receipts — from 30 percent of all federal revenue in the mid-1950s to 6.6 percent in 2009.
Envy and covetousness are dead-end mindsets.
Continue to simplify the complex if that is all you are capable of.
There are a lot of problems starting with the fact that the nominal corporate tax rate is too high, then the politicians doles out tax breaks to the highest bidder. But you don’t see too many protesters arguing for a corporate flat tax or anything like that. The one poster I do agree with is “end the Fed”. The Fed is designed to funnel money to big banks and lenders like GE in the name of helping the economy when they are in fact hurting the economy by drying up sources of longer term capital.
And a writing course and a dash of objectivity may help you write without coming off like a dogmatic ideological blowhard..if the column above was written by you.
You have insults. How nice.
Why make something needlessly complex? The protesting going on is at its root quite simple. It’s envy and a wrongheaded entitlement mentality—misguided punks wanting something for nothing.
You can continue to make the simple complex, if that is all you’re capable of, but I’ll continue to see things as they really are.
"Trickle down economics?" BZZZZT! I realized you were full of something right there. I've heard the rest of your down-thread arguments before. From flaming liberals.
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