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Occupy Wall Street Movement
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Government & Elections
Occupy Wall Street Movement
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Occupy Wall Street Movement It seems there is a misunderstanding by many people of why the demonstrators on Wall Street are demonstrating. Seniors are there because of cuts lawmakers are debating in
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Cat:d51398b3-89f9-463d-bf1b-4b885f02c9eeForum:af978875-5bc6-4b07-a6fb-b18062132f95Discussion:a0e803e2-7270-4ad6-abd2-3348bcf170a9
Forums » Politics & Society » Government & Elections » Occupy Wall Street Movement
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Re: Occupy Wall Street Movement
posted at December 11, 2011 5:44 PM EST
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
Everything seems so ridiculous: American companies caring more about their profits than about this country. And when the stat of union"" is really bad, sending people to streets in rightful protest, nothing changes much. OWS movement started 9/17-almost 3 months agao. People did not like bailing-out banks---and severel days ago European banks wre bailed out...(is that true? bc I still hope that not). i have no idea what should be done to get the usa great again--but I know that this time we really need a mature leader! Experience counts more than bleached teeth and tv personality this time. American Idol will not do for president this time. Please vote in primaries or caucuses in 2012 |
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Re: Occupy Wall Street Movement
posted at December 12, 2011 10:17 AM EST
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
We now have a world economy. So whether financial disaster comes from one source or another, what choice do we have other than to try to rectify it or cushion its blow - As we see from this financial disaster, as the various blocks start to fall, it becomes a ripple current. I hear the OWS speaking about greed but I have my own definition that is actually farther reaching. "The lender is advancing money so that people can have something - car, home,education, commodity - that they feel they cannot plan ahead or wait and save to pay cash. " No amount of government rules or regulators can save us from ourselves and our need for immediate gratification and the "how low can I get my payment" mentality. |
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Re: Occupy Wall Street Movement
posted at December 12, 2011 1:52 PM EST
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
In Response to Re: Occupy Wall Street Movement: We now have a world economy. So whether financial disaster comes from one source or another, what choice do we have other than to try to rectify it or cushion its blow - As we see from this financial disaster, as the various blocks start to fall, it becomes a ripple current. I hear the OWS speaking about greed but I have my own definition that is actually farther reaching. "The lender is advancing money so that people can have something - car, home,education, commodity - that they feel they cannot plan ahead or wait and save to pay cash. " No amount of government rules or regulators can save us from ourselves and our need for immediate gratification and the "how low can I get my payment" mentality. Posted by GailL1 unfortunatly you are right buying for credit (which later can't be paid off) also added to the financial cisis People in rich countries have the entitlement mentality -they avoid talking about it because nobody has idea how to fix THAT but banks which allowed them to take such credit and then were bailed-out with taxpayers money should be allowed to fall! Banks would be more careful next time. |
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Re: Occupy Wall Street Movement
posted at December 12, 2011 2:27 PM EST
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
[quote]Banks would be more careful next time.[/quote] I think you are seeing the result of that now - an extreme slowdown in lending. Higher qualifications for loans - all types, real estate, small business lines of credit, car loans. But are we supportive of these higher lending requirements when it comes to government lending and backing . . . . you still ONLY have to have a 3.5% downpayment and a credit score of about 650 to qualify for an FHA home loan. We will lend students money for a higher education and then defer them for years only to find out that they did not get the degree or their degree is not in a marketable area. We have a population that doesn't know how to read the small print or understand legal documents yet they sign their name willingly for the sake of want or need. We have a public education system that doesn't cover the basics of life in this regards. I am constantly hearing, "they didn't explain it or nobody told me" rather than learning and reading for themselves. We are bailing out a whole lot more than banks - those that do not have an emergency fund to get them through what life often brings, those that have not saved enough for retirement, those that have no health insurance, those that have children that they cannot fully afford, those that believe that home values always go up. A bail out by any other name is still a bail out. |
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Re: Occupy Wall Street Movement
posted at December 16, 2011 10:25 AM EST
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
Yes, that entitlement mentality - getting something from goernment, but the government of course takes it from someone else-also leads to bail outs. |
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Re: Occupy Wall Street Movement
posted at December 16, 2011 6:52 PM EST
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
In Response to Re: Occupy Wall Street Movement: Welfare should be distributed on state or even local level-if at all. or student loans. government gives that loans directly to college - and the student does not realize that what they charge is ridiculous! Posted by Astra2012 Welfare, better known since the Clinton years as TANF (Taxpayers Assistance for Needy Families), food stamps (SNAP) and WIC is given out by states - many of the rules and eligibility is set by the states but approved by the Federal government since the money for such programs are supplied to the states by the Federal government. The Federal government designs the basic program and then it is up to the states to set up other eligibility requirements so that they can make the money last. MEDICAID is also a joint effort between the Federal government and the states with each contributing to how the program works within the state. Anybody that gets a loan -student, home, car, etc.- public or private source MUST understand the terms and conditions from beginning to end including defaut, interest rate, etc. These are all done on a contract basis - until folks start understanding the importance of their signature, we will continue to have lending problems. Why would anybody spend $50,000 or more in student loan money that they have to pay back when they either cannot find a job in their field of study (no marketable skill) or the pay is very low compared to the amount their education has cost. We need to start planning better for financing or deciding what you want to be when you grow up. |
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Re: Occupy Wall Street Movement
posted at December 17, 2011 11:23 AM EST
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Posts: 12532
First: February 29, 2008 Last: May 17, 2013 |
In Response to Re: Occupy Wall Street Movement: [QUOTE]The “Occupiers” are Right I think it’s no secret that the Occupy Wall Street movement is right, I just think they are not sure why, or what to do about They are calling attention to the problems that EVERYONE is aware of and if it doesn't work.....there might be that "dirty word" revolution.....and not unheard of even in this country. Automation--technology has taken many jobs away but still no one speaks of halting immigration even for a time or wanting to subsidize Planned Parenthood cause truth is ... we have too many people for too few "good" jobs. (even if some mfg comes back here) So---the ones who have the power have tried to defeat UNIONS and creating more people for fewer and fewer jobs keeps a population large enough so there are non-negotiable wages. On the History Channel there was a piece about a Roman city of 2000 people and an underground system supplying hot and cold water to everyone above. The fires had to be stoked 24/7 and a dirty--difficult job and plenty of desperate underpaid-- and a good number of pocket-poor workers were needed by those who held the titles and wealth. So it continues with different senarios on a large scale of it all over the world today. The USA has the same situation here ....we need to have people to stoke the fires ...but don't even want to give them anything when they are too old to work.
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Re: Occupy Wall Street Movement
posted at December 19, 2011 1:57 PM EST
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Posts: 2
First: December 19, 2011 Last: May 16, 2013 |
What a waste of time, let's set up a tent and protest. How much of the tax payers money was wasted on this, there are many much better ways to get the point across wihtout hurting the mom and pop stores. The new media would have covers this only because they hate the Tea Party so why hurt the people they claim to be trying to help. Let's see Washington the white house many much better places to protest. |
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Re: Occupy Wall Street Movement
posted at December 19, 2011 2:06 PM EST
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Posts: 3
First: December 19, 2011 Last: July 1, 2012 |
It is rather unfortunate that the demonstrators do not have a clear message. It is impossible to tell the ones who clearly want change, and are moving toward something as opposed to the ones that only want to tear down what exists for the sake of tearing it down. |
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Re: Occupy Wall Street Movement
posted at December 19, 2011 2:10 PM EST
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Posts: 1
First: December 19, 2011 Last: December 19, 2011 |
The students that are protesting having to repay their college loans had the option to go to a less expensive school for the same education. They wanted the expensive college name on their degrees to further their chances of a good job. They signed the contract now they need to honor their signature. No where in our Constitution does it say that anyone is guarenteed a job. If people are up set with the CEO's of a company earning the big bucks, don't buy the product they make. This "give me, you owe me' attitude is insulting to those of us who have worked for what we have. No one owes you a dime that you didn't earn. I'm sorry there are people who have less then I do, but that's the breaks. I worked all three shifts at different times to get what I have and no one is going to tell me I need to share. They need to get off their butts and start their own companies, how about them providing jobs rather then looking for a hand out. |
Forums » Politics & Society » Government & Elections » Occupy Wall Street Movement
