What the hell was that?
Here's another link:
Full video of the mace attack they show in the report:
Here's what I understand to be happening, copied from my own Facebook status:
There's currently a major protest happening on Wall Street in protest of the role corporate greed played in the recession. The protest is now at day [nine] and there are literally thousands (estimated at over 2000) of people participating at the moment. The mainstream media seems to be giving this event very little coverage. If you want to find out more about it, you can find several articles by Googling the slogan "Occupy Wall Street."
Voice of joy and sunshine
26th May 2003
Yeah. Occupying wall street. That'll fix things. You think people who make billions of dollars off this and live in mansions with private security teams give a fuck if you march up and down Wallstreet? Even the brains of their operation - it's all computers and back room deals. Wallstreet's just something you stick up for stupid people to concentrate on. Nothing happens there.
No-one they care about is there, nothing they care about is there.
You want people to take notice of your discontent you go kill a couple of them in bed. Or trash a few of their servers. You take something from them they can't get back. This? Why would they care? Why would anyone care?
I remember saying on this forum, years ago now it must be, that we stood a very big chance of talking ourselves into a recession - destroying confidence in the markets. Just now I saw this guy - a trader - saying roughly the same thing from the other direction:
You want to be looking out for yourself about now.
The speculative market only really took off with the advent of computer modelling - to predict risk - and the assumption was you could hedge against the risk and never lose. The economy kept on going up without a corresponding increase in GDP. But that assumes a world of perfect information - that the banks won't lie. The the companies won't lie. That the investors won't lie. It assumes that everyone with a motive to mislead will be truthful. And that's just not the case.
When it looked like this crash was going to come the last time we convinced East Asia to join the model and then dumped it all off on them. It was called the Asian miracle - it destroyed their markets for years. You're talking about currencies that lost half their value overnight. And the loans they took out went to western companies. Some of them still haven't really recovered.
The truth is the most expensive and valuable commodity in the world. You think you've got it just because you watch wallstreet? Because your government, full of poorly educated shmucks relying on studies by another bunch of poorly educated shmucks with political and financial motives of their own watch wallstreet? Open your eyes. This is the world you live in. A world where you are largely irrelevant.
My father always told me if I had more than a couple of thousand pounds in the bank to turn it into something I could hold in my hand - something real. And I'll give anyone looking at this the same advice: Get your money out of the banks, do it now while it's still WORTH something.
Change we can believe in?
Interesting, they pulled the plug on this. They had a nice live feed going while it was up though.
There really isn't much coverage of it, but I suppose it's due to the more disorganized nature of the protest/occupation. They are at least I think inviting some discussion as to why there has been little done against those who had a great part to do with the economic downturn and subsequently large amounts of TARP money.
NPR had a short segment on them today.
This past weekend they had the police come down hard on them, arrested something like 80 people. They were rather rough on them too.
There's lot to be desired from this, but they are doing something at least. That's better than nothing.
What is this something that they are trying to achieve?
They actually replaced it, with a less ominous anonymous.
17th June 2002
Nemmerle;5564935My father always told me if I had more than a couple of thousand pounds in the bank to turn it into something I could hold in my hand - something real. And I'll give anyone looking at this the same advice: Get your money out of the banks, do it now while it's still WORTH something.
The joke's on them - I haven't had a figure above zero in my bank account for months now.
Take THAT banks! HA!