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1 iceweasel  Oct 8, 2011 8:29:21am

Suck it up wingnuts!

2 Rightwingconspirator  Oct 8, 2011 8:46:50am

This movement has a shot at legitimacy. We’ll see if this gets co-opted or not. The forces involved have lots of money.

3 EiMitch  Oct 8, 2011 9:17:13am

As I said before, Occupy Wall Street has no coherent goals. That was something they should’ve decided on before the protest began. Instead, its just an umbrella for everyone who’s pissed-off. You can’t get protesters to agree on what they’re in favor of after the demonstrations begin. It just doesn’t work.

Having a villain, but no goals, nor any strategy beyond mass whining, is effing stupid. This won’t last, because it won’t accomplish anything. The only reason anyone cheers these glorified hippies is because they too are mad at Wall Street.

But, come on! Being against something is not the same as being for something. You should be drafting plans for reform, not just crying on camera to make yourself feel better. That is all these protesters are really for: making themselves feel better by play-fighting the beast.

A weary cynicism, a belief that justice will never get served, has taken over much of our political debate

And we’re going to be saved from such cynicism by an umbrella group that has no coherent goal to offer, not even a bad one? Grow up! We’re not short on anger. What we need more of are solutions! Give me a better idea than shaking a fist in the air like a spoiled brat throwing a tantrum.

4 lostlakehiker  Oct 8, 2011 12:42:09pm

Bankers are in a tight spot.

They’re still under pressure to not insist on 20% down, not insist on loans whose payments are less than 30% of family income.

But—-

Waiving those requirements has worked out very badly for the very minorities allegedly protected by the anti-discrimination standards, standards that a bank must run afoul of if it does insist on 20%/30% loans.

The banks’ conformity to the demands of Congress that they waive those standards has been one of the main causes of the erasure of a high percentage of the already low share of wealth held by minorities. In over their heads, because they’d been offered more debt than anybody could handle, they found themselves disproportionately likely to lose their homes.

Not my opinion, not original with me anyhow. Amply documented in “Reckless Endangerment”.


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