No lady, supporting Occupy Wall street and supporting communism are not the same!

As we stumble through the blogosphere seeking truths mainstream media may not find good for ratings we are increasingly coming across posts in the "Financial Community" who, if are not in overwhelming support of the "Occupy Movement" do sympathize with them and concede that often, they are right.  It is not that the message the Occupiers send is new to them, it is that some have been banging away at the same message for years ( Well part of it anyway, cause no, if you signed the papers for a school loan you can't afford, you don't get a do over).   

googling under fat us banker gave us this pic, also boo coo links to porn, how ironic 

Some of them from the New York area have gone to mingle with and exchange ideas with the, Occupy Wall Street protestors, no were not talking about the likes of Micheal Moore and others who would only use the protestors for profit, but those who wish to getter a better understanding of the movement.

You see, many of them are work every day people with next door neighbors, kids and bills who just happened to have been in positions to watch the shit from on high come down.  They still watch it everyday and tell the truth about it everyday.  Problem is they ain't high paid media guns like Sean Hannity(FOX) OR Lawrence O'Donnell (MSNBC) who are paid to pound the ratings drum irregardless of truth.  IN FACT, many of these folk have been pounding the "occupy" mantra before "Occupy" became a movement!.  Search and you will find many that think we are long overdue for a perp walk.  Many are at the mercy of the same one percent we all are.  Many whose living comes from playing "the game", i.e. participating in the financial markets, who see how the game is rigged and the playing field increasingly tilted towards those who who can afford the biggest fastest computers that allow them to break the law with impunity because it so happens they can afford to buy those who work for the Government Outlaws at the  Securities and Exchange commission too.

If some links do not mention Occupy wall street specifically they at least add fire to what the corruption fires occupiers bring attention to.  If a number of these post link to Zero Hedge it is because they have been all over how the markets are gamed for a number of years now. So go to clicking:

Clarification is needed from the Occupy movement

Guest post from Artie Hamlin, followed by our Response:

There is one thing that has always bothered me about the “Occupy” Movement and continues to do so---that there is no clear cut message.  There is no clear cut message of the exact problems they seek to redress.  Therefore, there is also no clear cut workable realistic/pragmatic answer-solution to said problems.  Consequently, there can be no clear cut goal to accomplish by purpose of this movement.  Some say “so what?--it’s getting the attention of the government and maybe they’ll do something”.

Here’s the so what!  In 1776, our forefathers drew-up a very specific list of grievances and this became the Declaration of Independence.  They had a clearly stated problem and a clearly stated and agreed upon solution.   That gave them a purpose to stand and fight--a just reason to lay down their lives and at times the lives of their families.  This was one of the very few times that civil unrest led to a revolution that was successful, was not full of widespread atrocities after the previous government had been overthrown, and established a form of government that has not only stood a long test of time, but has been a beacon to other nations to do the same.

Conversely while attempting to copy us, a similar revolution took place in 1789 in France—the French Revolution, which having no clear cut and widely accepted statement of purpose or goals other than the anarchical overthrow of Louis XVI and the end of monarchial supported class greed, that government only lasted for two years and culminated in the death of upwards of 40,000 people who dared to disagree with the more radical of the revolutionaries.  This led to the rise of Napoleon Bonaparte and we all know how that turned out!

Another similar revolution with no clear cut purpose save to overthrow corporate class greed and the government that supported it occurred in Russia in February 1917.  That so-called republic lasted only until the following October 1918 with the rise of the Bolsheviks and the formation of the USSR.  We all know how that turned out!

Other significant revolutionary movements that began with unrest but no clear cut purpose or clear cut goals were in Germany in 1933 (Hitler), Italy in 1922 (Mussolini), Uganda in 1971 (Idi Amin), 1968 Iraq (Sadam Hussein), Cambodia in 1975 (Pol Pot/Khmer Rouge), and Iran in 1979 (Ayatollah’s).

Nation wide mob protest with no clear cut purpose is a dangerous thing.  There MUST be a stated list of SPECIFIC grievances and a SPECIFIC list of workable realistic solutions leading to the ultimate goal where the movement is no longer needed.  Otherwise we risk becoming like many other revolutions.  BTW, I’ll guarantee that most people in those countries thought that “such things could never happen here”....but they did!

If we ignore the lessons of history, we are doomed to repeat them.

Artie 

We Respond:

Now You too can understand how the banks blew up-video m

Baffled by banker Talk, Wall Street jargon and Washington speak. 10 minute video makes it east to understand. We didn't say it made things better did we?

Another illustration of the Wealth Gap.

Following are excerpts from a Phil Davis post on Seeking Alpha yesterday.  We moved the last paragraph to the top to get your attention. The chart is revealing:  

This income and wealth disparity is destroying our nation – assuming there is still a nation left to destroy as the top 10% in this country clearly don’t believe they are on the same sinking ship as the riff-raff in the lower cabins. Still, what this weekend’s G20 meeting amounts to was yet another call for the First Class passengers to be given all of the life-boats as bond-holders and Banksters get another several trillion in bailout money to be paid for by harsh austerity measures placed on the bottom 99% (what does a top 1%’er care if the town cuts classroom sizes in the PUBLIC schools or if another clinic closes down or if retirement benefits are cut for government workers?).

Well, I’ve had time to do more reading and I’ve found no reason to change my mind – this seems like a power-grab by the finance ministers who are trying to push the leaders to throw more money at the banks to "solve" things (again). Perhaps the global pressure of Occupy Wall Street is making "THEM" nervous and forcing their hands so, if you are one of the 99% – now is an excellent time to pay attention to politics and listen – you’ll quickly find out who your real friends are! Meanwhile, the Dow turned negative, dropping to 11,537 at 8 and that’s a nice $315 per contract to pay for a healthy breakfast or two. We have to be careful at the open as we still may get a pop on the "great" G20 news. While you can’t fool all of the people, all of the time – some of the people really are morons and can be fooled all the time by the same old crap (don’t call my a cynic – Lincoln said it!).
See Chart

FBI warned 7 years ago of Mortage Fraud epidemic

We are not a fan of Dylan Ratigan. Having said that, he has been ahead of the curve on the Bank corruption. Interesting video on to big to fail:

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