Occupy Wall Street

[clyde]

Thank you so much.

[clyde]

Originally Posted by slotdirt

All well and good, but just understand that raising capital gains taxes is going to effect pretty much anybody who invests in stocks or mutual funds and not just Warren Buffett. Agreed?

Put a rider on it saying only those with net worth of 1 million dollars or more/and or are Tiger fans shall be subject to the tax.

[Riot]

Originally Posted by slotdirt

Honest question: do you understand the difference between income earned by salary or wages (subject to the federal income tax) and income earned off investments (subject to capital gains taxes)? Further, do you understand that capital gains taxes are significantly lower than income taxes in order to encourage capital investment? Lastly, the only ways to make Warren Buffett pay more than 17.4 percent in taxes is to give him a larger salary (his is $100k and has been for 30 years), eliminate deductions, or to tax capital gains at a significantly higher rate. Pick your poison.

Yes, I pay different tax rates on my regular income versus my capital gains. Duh. Are we in economic kindergarten here?

What I suggest you do is read what Buffett is lobbying for regarding the tax code, rather than guessing and assuming. It's a bit more complicated than the mean understanding so far expressed.

[Riot]

Originally Posted by slotdirt

I just want to know why you weren't marching on Congress when they were looking to repeal most of Glass-Steagal back in the late 90's.

Well, Occupy Wall Street is marching on Wall Street and the government now. Exactly over things like the repeal of Glass-Steagal.

[slotdirt]

Originally Posted by clyde

Put a rider on it saying only those with net worth of 1 million dollars or more/and or are Tiger fans shall be subject to the tax.

Those two groups may be mutually exclusive.

[jms62]

Originally Posted by slotdirt

Those two groups may be mutually exclusive.

How do you know the Tigers don't have millionares as fans. Can you supply evidence including W2's of all Tigers fans to prove your point. After all, "Is it really too much to ask of someone who's arguing a certain point to provide evidence substantiating said point? "

[Cannon Shell]

Originally Posted by Riot

Well, Occupy Wall Street is marching on Wall Street and the government now. Exactly over things like the repeal of Glass-Steagal.

I would be willing to bet that less than 5% of the people marching have ever heard of Glass-Steagal.

[slotdirt]

Originally Posted by jms62

How do you know the Tigers don't have millionares as fans. Can you supply evidence including W2's of all Tigers fans to prove your point. After all, "Is it really too much to ask of someone who's arguing a certain point to provide evidence substantiating said point? "

Very funny. I am, after all, the Tiger fan to whom clyde was referring in the first place.

[Riot]

Victoria Jackson, of SNL fame, goes to Occupy Wall Street and interviews protesters.

This video ... speaks for itself. This is the distilled essence of today's political conversation. Please make yourself watch all of it.

http://www.youtube.com/watch?v=qA1py9erpVk

[Riot]

Originally Posted by Cannon Shell

I would be willing to bet that less than 5% of the people marching have ever heard of Glass-Steagal.

Umm ... from hearing them being interviewed, I'd guess at least 30-40% have heard of Glass-Steagal. Alot of them sound fully informed, and directly reference the removal of laws that protected us from Wall Street malfeasance over the years. That is what OWS is all about. Let's hope they know about it.

http://www.youtube.com/watch?v=EbZB9...ayer_embedded#!

[clyde]

Originally Posted by slotdirt

Those two groups may be mutually exclusive.

Oh.

[Clip-Clop]

Originally Posted by Riot

What industry?

Construction.
Jobs available were, tech support, shipping, wire pulling, packaging, warehouse, data entry, admin/office manager, marketing director.

Interviewed about 30 people over the last two days. First interview question, spend any time down at "Occupy Denver"?

Most common answer, "nope, been looking for work."

My kind of people.

[Cannon Shell]

Originally Posted by Riot

Umm ... from hearing them being interviewed, I'd guess at least 30-40% have heard of Glass-Steagal. Alot of them sound fully informed, and directly reference the removal of laws that protected us from Wall Street malfeasance over the years. That is what OWS is all about. Let's hope they know about it.

http://www.youtube.com/watch?v=EbZB9...ayer_embedded#!

Yeah ok this is just about fairly obscure financial laws that were repealed a decade and a half ago? 5% was on the high side.

[bigrun]

Love the sign on the left....

[Cannon Shell]

Originally Posted by bigrun

Love the sign on the left....

Think they are part of Riot's 40%?

[Riot]

Originally Posted by Clip-Clop

Construction.
Jobs available were, tech support, shipping, wire pulling, packaging, warehouse, data entry, admin/office manager, marketing director.

Very nice! I wish there were 100,000 of you. I like Denver area, sunshine virtually every day of the year

[Riot]

Originally Posted by Cannon Shell

Yeah ok this is just about fairly obscure financial laws that were repealed a decade and a half ago? 5% was on the high side.

If you look at with internet blogs and discussions from the OWS crowd, you'd know they talk about that all the time, as they want it re-instated. It's a major contributor to the current financial disaster OWS is all about.

You don't ever bother to click on a link, or read anything different? No curiosity about this at all?

They say this alot: "First they ignore you, then they ridicule you, then they fight you, then you win" - Ghandi

I guess you guys are at ridicule stage. There is fear it will get ugly in NY tomorrow morning, however, and move into the fight state, as they are going to try and pull the demonstraters out of the park. Let's hope the police don't lose it and become as violent as the Boston PD did the other night.

Knows about Glass-Steagall:


Nurses know about Glass-Steagall:


Definitely knows about Glass-Steagall:

[dellinger63]

At least we'll find out how law-abiding/peaceful they are tomorrow at 7am. EST.

Besides isn't it time to go back to their jobs and families, you know being part of the 99%?

[Riot]

Originally Posted by dellinger63

At least we'll find out how law-abiding/peaceful they are tomorrow at 7am. EST.

Besides isn't it time to go back to their jobs and families, you know being part of the 99%?

They were law abiding and peaceful in Boston, where the police attacked and beat the Veterans for Peace, while destroying their flags - nobody raised a finger against the police as they were hauled to jail.

They've always been law-abiding and peaceful in NY for the month so far. Even in the face of police brutality. Why would you think they would not be?

The plan is complete peaceful resistance at this stage. Timing is good, it can be televised live on the morning shows. Bloomberg will suffer, OWS is too popular with the public.

Lec Walesa is going to join them, but nobody knows for sure what time he'll get to New York.

[jms62]

Originally Posted by Riot

They were law abiding and peaceful in Boston, where the police attacked and beat the Veterans for Peace, while destroying their flags - nobody raised a finger against the police as they were hauled to jail.

They've always been law-abiding and peaceful in NY for the month so far. Even in the face of police brutality. Why would you think they would not be?

The plan is complete peaceful resistance at this stage. Timing is good, it can be televised live on the morning shows. Bloomberg will suffer, OWS is too popular with the public.

Lec Walesa is going to join them, but nobody knows for sure what time he'll get to New York.

It is kind of sad because i think a very high pct of Police force support OWS cause.