Bob Pollin: When the movement is ready for specific demands, here are some suggestions
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Occupy Movement and Demands
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25 Responses to Occupy Movement and Demands
@jstncbllr Yes, I agree.
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What stands out in my mind is, “Can 2 wrongs make anything right?” I do not believe that it will change much in the way things are run. It is sad, but Man will only lead men to disastrous outcomes! The question is: “In what man could we put our trust in?” Do people not realize how hypocritical America and other nations are? “In God We Trust?” But does anyone know what THAT means? Do not put your trust in earthling man, for in his ways he cannot lead himself! More so an entire nation!
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If we wanna be more effective about the “occupy” movement, remember this at election time. Ask the running candidates: “Do you support or are you against the intentions of the Occupy movement?” If the say they are against it, or they use their pre-briefed doublespeak skills and sound optimistically, but still don’t really give any real answer, or even if they don’t replay at all, then DO NOT elected that running candidate. Let’s getting their greedy asses out of office!
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@halcyon0830 Citizens United was a great decision. Bribery is already a crime. Politics only functions with money. Patriot Act should always be re-examined periodically, but not repealed in toto. term limits is a good idea. Ending war isn’t logical. Decriminalizing drugs is wise. prosecuting Wall Street criminals is a good idea. The other stuff is weird.
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Here’s a lesson in economics for OWS. Explain to the “99%” that they are actually in the 5% of richest people on the planet. Then take their wealth and redistribute it to the 95% of the world that is poorer than them. See how they feel about wealth redistribution then.
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Demands from Occupy Movement…
Reverse Citizens United & Criminalize Bribery & End Money in Politics ,
Repeal Patriot Act ,
Term Limits for All Politicians & Investigate Insider Trading ,
End All Wars & Close the 1500 Military Bases ,
Investigate 9/11 and bring transparency ,
End War on Marijuana ,
Reinstate Glass-Steagall Act ,
Two-Tier France-type health care ,
Prosecute Wall Street criminals ,
Get back 50 TRILLION DOLLARS lost by USA ,
End Corporatism, keep government & corporations SEPARATE
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FREEDOM is ROB by ELITE CRIMINALS
GOVERNMENT = CRIMINALS IN CONTROL
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Here is one: When I loan (deposit) money to my bank, I get around 0.00001% in interest. Now, when the bank loans me money, I have to pay 15%-30% interest.
Of course, what I’m suggesting implies radical changes in the financial system, but if banks loaned at 1% and gave more than 0.00001% they would still make money. Speculation and exotic financial products need to go.
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@jstncbllr I guess we won’t agree on this, but thanks for the debate. To me, Austrian Economics makes perfectly sense in understanding the real economy and I have discovered that it is austrians that have actually been able again and again to predict what is going to happen in the economy.
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@blaavass To repeat: given a trade deficit, it is *impossible* for both private and gov’t sectors to run surpluses.
This is why the distinction between private debt and gov’t debt is important. Currently we have a big trade deficit, a lot of idle resources (unemployment) because of low demand, and a desire to save (pay off debt) in the private sector.
If the gov’t reduces its deficit, the private sector *necessarily* will take on more debt. Debt can’t hurt the govt. But it can hurt people.
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@blaavass “[MMT] conclusion [is] that the US should run wild deficits”
No, read deeper. This is a common mischaracterization.
MMT acknowledges that deficits can sometimes cause inflation. But it dispels the myth that a “balanced budget” is always desirable *for its own sake*. Overall gov’t spending should be based on current levels of private savings and investment, and the trade deficit.
Given a trade deficit, it is *impossible* for both private and gov’t sectors to run surpluses.
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@blaavass I’m familiar with the Austrian school. I find it to be more philosophical than reality-based. Most proponents are anti-govt ideologues. There’s plenty of discussion between Austrians/MMTers out there, I won’t go into it here. For more on Murphy see:
bit. ly/uPPDOc
P Schiff is a boob.
I watched some of the Faber. He conflates private/public debt (typical). Minsky’s theory of instability is deeper than his fixation solely on interest rates.
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@Mahayani Yah, because you’re not greedy. rofl.
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@mikecorbeil Oh look, an idiot with an opinion who doesn’t have the balls to state it.
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@jstncbllr I will also recommend to watch clips of Niall Ferguson: /user/ContrarianInvestor#p/u/3/loUUVhibkOQ; Peter Schiff: /watch?v=EgMclXX5msc; Marc Faber: /watch?v=H0sS6a9RW2E
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@jstncbllr I will recommend you to read “How an economy grows and why it crashes” by Peter D. Schiff and “Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse” by Tom Woods. Both books are easy to read and understand.
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@jstncbllr My views are consistent with this article by Robert P. Murphy: mises(dot)org/daily/5260/The-UpsideDown-World-of-MMT; which concludes “The MMT worldview is intriguing, if only because it is so different from even the way conventional Keynesians think about fiscal and monetary policy. Unfortunately, it seems to me to be dead wrong. The MMTers concentrate on accounting tautologies that do not mean what they think.”
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@jstncbllr Also, Mosler’s law is “There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.” Well, to me this sounds exactly like statements under the dot-com bubble and the housing bubble; “house prices can never fall”. The natural conclusion will be that the US should run wild deficits and employ everyone by the government, give them good salaries, and everyone will be rich and the country prosperous. To me, this logic falls on itself.
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@jstncbllr The article you reference is to me hilarious. The author of the article, Warren Mosler, belongs to what is called Chartalism or Modern Monetary Theory. To me, the essence of the article is that fiat money represents a “new era” defying gravity laws and that a goverment with its own currency can spend whatever they want. The effect of the government deficits is that private sector will get rich, building up their financial assets.
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@Mahayani Thumbs up!…”For the love of money is the root of all evil”…1 Timothy 6:10
“Power concedes nothing without a demand. It never did and it never will.”…Frederick Douglas
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@mikecorbeil Thank you Mike, I am still waiting for jobs and economic growth proposal from all of those duped by the Koch brothers and Americans for Prosperity. The Republican House has offered nothing for jobs, only tax cuts for the rich. Taxes are already lower than they have been for over 60 years. SO WHERE ARE THE JOBS? Giving the rich more money does not make them hire. GREED IS BAD, not just morally.
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@jstncbllr You are literally saying that US can print its way to prosperity since they have their debt in own currency and that the debt don’t count. I would recommend you to read some austrian economics or read the piece on coming hyperinflation by Shadowstats(dot)com. I don’t worry that US govt will run out of money, on the contrary, I think they will keep printing and borrowing. What I worry is that the US dollar will loose its value and that it will start to do so in a disorderly manner.
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@Wrothchild I removed the spam flag on your post, but when you say, “Israel did 911″, you illustrate that you’ve done little study and possibly are associated with some fanatical cult.
Israel doesn’t control Washington, regardless of how much some people pretend that the opposite is true. NONE of these people present sufficient proof, and until there is sufficient and necessary proof, learn to properly study, investigate, question, and communicate.
Bias is real, but not the needed proof.
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@theman4130 wrote, I repeat : “… It’s great that you are protesting, but what the fuck do you want!”
What do you prefer to do, sit on the couch?
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@theman4130 wrote : “… It’s great that you are protesting, but what the fuck do you want!”
Demands should’ve been coming from the start and they were! Ever hear or read of the “Jersey Girls”, who’re part of “9/11 Families” and were active BEFORE Oct. 7, 2011, due to 9/11, fe? They weren’t alone to have spoken up very promptly, either.
And I pretty much wholly agreed with D.-Calif. Rep. Barbara Lee’s official opposition following 9/11, tho not wholly with her current views about Obama.
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