
Originally Posted by
Jonathan Wylie
I have asked twice on this thread if anybody knew what they were protesting in Oakland and nobody has attempted to answer me.
Does anybody here realize that it was a Canadian magazine website that conceived the idea of "Occupy Wallstreet" why are Canadians suggesting what Americans should protest? If somebody wants to truly report what is going on at these protests why don't they ask randomly selected people what they are protesting and what changes they propose take place. I would like to here there educated intelligent answers as to how they think the economy could be fixed. Regardless of my previous posts I do have compassion for this guy and his family but he had a good job and was probably receiving military benefits so I wonder what his motivation was for being down there?
They are protesting corporate lobbying to influence political decisions, along with other things, but that is the main thing they are protesting. For example, obama was given over a million dollars from goldman sachs in campaign contributions, along with other banking institutions. Officially bitchmade by the money he received, he then proceeded to give them bailout money, which the CEO's used to give themselves bonuses instead of contributing to the economy.
Bush's top 5 campaign contributions came from Morgan Stanley, Merrill Lynch, PricewaterhouseCoopers, UBS AG, and Goldman Sachs all giving him park estimates of 500 grand each. Guess who became his treasury secretary in 2006? Henry Paulson, Goldman Sachs CEO and former head chairman.
So guess what henry paulson does when he becomes chairman? He pushes for bailouts, along with fed chairman ben Bernanke which bush greenlights.
Obama does the same thing when he gets into office.
now let's look at the results of the recent audit of the fed, on october 28 (the first audit ever).
http://www.tcpalm.com/news/2011/oct/...illion-to-and/
"Congress and we the people were told that in accord with the 2008 Troubled Asset Relief Program, $800 billion was given to failing banks and businesses. The audit makes that a lie.The audit lists the recipients of the $16 trillion of loans on page 131. Goldman Sachs received $814 billion, Citigroup $2.5 trillion, Morgan Stanley $2.04 trillion, Royal Bank of Scotland and Deutsche Bank of Germany split about $1 trillion, UBS of Switzerland $287 billion, etc. The loans were made from December 2007 to June 2010 at near zero interest and virtually none have been repaid."
Allright so that was in 2008. Bush was in office. let's go back to Bush's top 5 contributers. Morgan Stanley, Merrill Lynch, PricewaterhouseCoopers, UBS AG, and Goldman Sachs. See any correlation there?
Obama is just as bad. He says he supports what the protesters stand for, but takes millions of dollars in lobbying money from the banks, and supports bailout plans which essentially steal from the people.