Subprime loans, at the heart of the housing bubble, were foisted upon us by Andrew Cuomo and the bent one, and they are a big reason for the Great Recession.
Too big to fail banks compensated by securitizing those loans into complex derivatives that were supposed to diversify risk, but they couldn't be easily assessed for value.
The rats were the biggest recipients from Wall Street banks. Why do you think we still have banks that are too big to fail?
but so far it has failed to become the politically potent force that the tea party was
Maybe they should try again only using responsible, hard working people this time around.
“Occupy Wall Street has not established itself as a working-class or middle-class political movement of average Americans frustrated by government’s failures.”
It never will. The movement doesn’t see government as the problem. It’s big corporations that are the whole problem.
For those whose jobs suffered from the economy, how about What Did You Do With Our Occupations?
While Republicans can breathe a sigh of relief that the Occupy movement has not succeeded in appealing to working-class and middle-class swing voters
Uh what? I think I speak for many when the only thing that came to my mind was incredulity that law enforcement allowed these guys to break the law for so long. I don't think those protestors could organize a phone call....at least not without that annoying echo of the human mic. Bwahaha.
I just heard today that Obama’s Occupy thugs in cooperation with the longshoreman’s union are going to shut down the ports on the Left Coast on Monday. Don’t know how strong the rumor is but that is what I am hearing.
Many of those subprime loans were bundled and sold to third parties with no requirement that the originating financial institution had to keep at least some skin in the game. Thus you had companies, I think Goldman Sachs was one, promoting the sale of these instruments, while at the same time “voting” against them through short selling.
A major problem for the Occupy people is that they try to be “superdemocratic” by not having an established controlling leadership, but try to work by concensus.
I hope Charlotte is a repeat of 1968! The liberals and leftists in Charlotte deserve to experience the fever in Parasite Nation they have built and fostered.
I shall enjpy watching Charlotte be trashed and burned while the media spins it as unhappy people unable to have their voice heard.
The politboro elite inside their enclave shall wonder and fret “why are these people doing this, we are trying to make their lives better under socialism?”
Burn Baby Burn!!!!
Thats the Common wisdom,but I believe OWS is Obama and his People,They will Not cause him Trouble,the Real whackos,true believers, the Hangers on will be controlled by the Union thugs, SEIU,Nation of Islam and that bunch.
The real Mess will be at the Republican Convention,you Know the Party of the RICH,Dont forget the Template,the whole focus of the Strategy.
All of those cockroaches will be back on the streets come the spring weather....and by summer they will be rioting as a run-up to the Nov elections.
OWS was nothing more than a whine-in, a collective wallow in victimhood.
For liberals, victimhood is like a drug. The gatherings had their own psychological fulfillment for participants, and the media glow sustained the rush.
It had no political purpose, it didn’t need one.
I’ve long suspected that the OWS rabble is Obama’s “civilian army”, and that when the time is right (when it looks clear that Obama will lose re-election) they will be turned loose across the country, to disrupt polling places, and create the scenario Democrats will use to manufacture votes and steal the election.
Obama hatched this egg with his anti-capitalist re-election campaign.
He is the father of the OWS movement. He owns it, lock stock and barrel. Whatever happens at either convention is on him.
When they recreate Chicago ‘68 it will cripple the Democrats. Where do I contribute to the OWS movement? After all they might know what they want, but they DO want us to pay for it when they decide.
This is yet another of a bizillion bogus “balance” articles that desperately try to make two things equal when it’s clear that they are anything but: like our government schools trying to pretend that a bully and their victim are equally at fault.
Yep, the Democrat’s OWS protesters are exactly like the Tea Party except for the rape, riots, arson, drug overdoses, deaths, shootings, tuberculosis, assault, theft, garbage, filth, feces, urine, anti-Semitism, actual demented lunatics, demands to replace capitalism with communism, arrests, assaults against police officers, property damage, flaunting of local ordinances, and failure to obtain permits.
They’re pretty much the same, right? At least that’s what the alphabet networks and bird-cage-liner press want you to believe ever since they were given their marching orders to add that fiction to their alternate reality.
Generally speaking, any article or editorial that puts "Occupy Wall Street" in caps, and the "tea party" in lower case is going to be biased against the Tea Party. This one however, is surprisingly balanced.
“Could Charlotte in 2012 be a reprise of Chicago in 1968?”
Not likely.
The Dems have lots of advance warning, so they will figure out how to make the protesters keep their distance. There are lots of ways to contain malcontents if you have advance warning.
Bike Week celebrations are good examples of this: some communities create traffic corridors in such a way to keep the people moving out of town and into areas where they are not as likely to amass.