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Public discussion posts pertaining to the Occupy Wall Street movement
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15 ноября, 02:52

your debt is their wealth

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Compound capital gains, profit and interest increase the price of everything, the wealth of the few and the debt of the many at an exponential rate. Banksters and billionaires are a threat to the survival of the human race. They are more dangerous than all the tyrants and terrorists since the beginning of civilization. The measure of debt is also the measure of the wealth accumulated by investors, that is not used to increase production. It is abstract and dissipative economic activity, as is trade and outsourced production. All such activities are parasitic on and destructive of real economy. Wolf Richter: The State of the American Debt Slaves, Q3 2018 https://www.nakedcapitalism.com/2018/11/wolf-richter-state-american-debt-slaves-q3-2018.html

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09 ноября, 02:26

Consumer Debt: a Sugar Rush

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Consumer debt is the rise and fall mechanism of our sugar rush economy. The more money the lenders and investors (money put in the credit industry provides the greatest returns) make the more they take. The exponential rates of growth of debts are the same as the interest rates. Contemporary economic "growth" makes something from nothing. Ex Nihilo Nihil Fit! Perpetual motion of money is no exception. The higher it climbs the greater the fall. I predict it won't be long now. Look what's happened every time the Dow has risen to record territory since 1928. "Consumer debt - or euphemistically, consumer 'credit' - jumped 4.9% in the third quarter compared to the third quarter last year, or by $182 billion, to almost, but no cigar, $4 trillion, or more precisely $3.93 trillion (not seasonally adjusted), according to the Federal Reserve ..." https://www.nakedcapitalism.com/2018/11/wolf-richter-state-american-debt-slaves-q3-2018.html

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08 ноября, 13:58

Another Republican terrorist attack last night.

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https://www.cnn.com/us/live-news/california-shooting-intl/index.html

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07 ноября, 19:27

The Union is Burning and all through the House and Senate...

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Not a creature is stirring not even... a Democrat. http://www.wsws.org/en/articles/2018/11/07/frei-n07.html https://boston.cbslocal.com/2018/10/12/national-grid-union-workers-meet-as-lockout-continues/

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06 ноября, 22:43

Public Hospitals Want to keep You Out and Prefer You Die

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This story of a patient dying outside a locked ER door while on the phone to 911 enrages me. I hope this husband gets justice but more so I hope his story gets out because I believe this is happening not by accident but a matter of policy all around our nation. They make the front entry door hard to find I believe for a reason. This is a trend. Lack of signs, strange entrances that lead to dead ends. Aside from patient dumping and mental health discrimination...it seems they don't want anybody even coming inside there. They don't want to actually treat the public - they just want government funds? But the exact nuances and reason here eludes me it would be worth investigating. At any rate if I were this man I don't know how I could live with this injustice seething in me every day. Something must be done here. https://www.bostonglobe.com/magazine/2018/11/05/losing-laura/WJrAFwMTYs1zwPfH5nTvGM/story.html

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06 ноября, 15:00

Hey Kids Tax Landords Corporate Tax in Every Town USA

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Tired of rents higher than mortgages? Tired of extortion rental rates? Tired of renting instead of having a piece of the pie? Tired of living in your parents basement? Tired of corporations and businessmen coming into your town and buying up all the single family homes so they can rent them to you? Worse yet Australian, Chinese, Saudi businessment and corporate groups? That's right kids. The law allows LLC from anywhere in the world to come in to monopolize our housing. To raise rental rates to extreme degrees. To extort our own. And apparently we are so fucking stupid as a nation that instead of changing it...we get 4 roomates, we work 3 jobs, we go without things we need like 3 squares a day to pay it and we long for our own tiny house shacks! Just to really kick us in the teeth we have to contribute tax dollars to subsidize the insane rental rates since our pay has stagflated for the last 20 years. Housing is the economy stupid. And you are locked out not because you are some broke asshole...you are broke because of housing and land hoarding assholes. BUT WE CAN CHANGE IT! Tax Landlords Corporate Business Property Tax Rates! Get Corporations out of single family homes. Set limits on the amount of property designated as rentals in every town usa. We can take this back. We got this. Young citizen...demand what belongs to you! Take it back!

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05 ноября, 16:38

Real Dangers of Subcontracting Replacing Good Workers and Unions with Ex Cons.

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As for sub contractors: Tri Wire a Comcast subsidiary ( rather -subcontractor) has a former level 3 child rapist working for them to install cable. I know because he is registered in my town with the police and listed as working for them. So when companies like Comcast or National grid send a subcontractor into your house,with lax training- after the New England explosions, and they lock out hard working union people, are the subcontractors insured if they fall down your basement steps, blow up your house or rape your wife? Answer...NO! So is that highly likely to reoffend TriWire guy a risk to Comcast customer after being called to install that replacement router, as they obviously don't perform hiring background checks? Answer...YES! Or if the subcontractor guy mistake blows up a whole city and kills people? Answer...do we know? NO! Liability now falls to the subcontactor, who may or may not have insurance, and has a fall back plan of bankruptcy... may possibly even be hiring low wage unemployable ex cons: So if he falls down steps fakes injury and sues ( which your insurance won't cover uninsured contractor injuries), blows up your house with his lax training, or possibly comes back later and robs you, or worse rapes a child or woman, you can try to sue his nonexistent insurance company, but I guarentee the actual service provider company, will shrug it off as your problem now. Um so ok ...the level 3 sex offender guy's crime appears to have been befriending a mentally disabled woman and luring her away from her group home to sell her body for sex 20 times in one night... so he could purchase drugs for himself and his gang. As well as um raped a CHILD under the age of 14 and is now installing your alarm system!!!! (BTW Some LANDLORD is renting to him right near my house) So yeah have that subcontractor delivering boxes now too (casing houses, testing doorknobs, making mental notes for his gang buddies). Great idea WallStreet. Employing the unemployables. Ex Cons for cheap labor...coming to a home, neighborhood, school, or dorm room, near you -possibly yours!!!. This is what competing for lower and lower labor wages and corporate greed gets us. Puts our families and kids at risk. Puts our good deserving citizens out of work and replaces them with subcontracting ex cons. Race to the bottom.

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01 ноября, 22:10

Rescue the Enslavers From Their Victims

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Capitalism is the freedom of the rich to enslave Human Race with debt. If you don't see that you need to free your mind from the program the elite class has been writing therein since birth. WTFU! "... a major reason why Hillary lost the 2016 election. She kept saying, 'Aren't you better off today than you were eight years ago when Mr. Obama was elected?' Well, most people, especially in the Midwest, said, 'No, we're not better off. Are you kidding? We've lost our homes, employment's down, our wages are lower, our pension funds are being seized. Of course we're not better.' So more and more voters stayed home.... "... the volume of debt expands exponentially, by compound interest. All the debt that people owe keeps mounting up more and more arrears. And if you miss a payment on your credit card, or even if you miss a payment to the electric utility or any other monthly bills, your credit card's interest rate goes up from 11 or 12% to 29%. All this accumulates up and up and up. And the result is that personal debt service relative to income is going up. Corporate debt service relative to income is going way up, and the share of government budgets that must be paid to bondholders is going up. That means that people don't have enough money to go and buy the goods and services they produce...." https://www.nakedcapitalism.com/2018/10/michael-hudson-rescuing-banks-instead-economy.html

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30 октября, 17:44

They won't change their losing ways.

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To win consistently and change the world for the better we must change our neo-liberal ways. "... There’s no feeling at all within the Democratic Party that somehow the banks should have been subordinate to saving the economy. I think that is a major reason why Hillary lost the 2016 election. She kept saying, “Aren’t you better off today than you were eight years ago when Mr. Obama was elected?” Well, most people, especially in the Midwest, said, “No, we’re not better off. Are you kidding? We’ve lost our homes, employment’s down, our wages are lower, our pension funds are being seized. Of course we’re not better.” So more and more voters stayed home. Just today I was reading a survey that 55% to 85% of Americans say if there was a rerun of the 2016 election between Trump and Hillary they just wouldn’t vote, because both candidates were so bad. ..." https://www.nakedcapitalism.com/2018/10/michael-hudson-rescuing-banks-instead-economy.html

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26 октября, 17:34

SS Rip

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SS payroll is tax deducted from even the smallest paychecks to build the Social Security Trust Fund. Congress and presidents borrow and spend the entire fund as fast as it accumulates. Therefore bought and paid for benefits must be paid from general tax revenues that Congress budgets each year with input and approval by the president. Congress and president give tax cut almost exclusively to highest income entities. The deficit grows and Congress and president cut SS benefits paid for in advance mostly by the lowest income Americans. In America, politicians rob the poor to further enrich the master class. If you need proof of these conservative crimes you're a fucking moron! "... the federal government has borrowed all of that trust fund money and spent it, exactly as Krauthammer asserted. And the only way the trust fund can get some cash to pay Social Security benefits is if the federal government draws it from general revenues..." https://www.forbes.com/sites/merrillmatthews/2011/07/13/what-happened-to-the-2-6-trillion-social-security-trust-fund/

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25 октября, 06:49

The Corporate Hunger Games Begins.

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https://truthout.org/video/how-amazon-microsoft-and-tech-giants-are-powering-trumps-deportations/ This is happening fast. In the last 20 years. We are losing freedom to Corporate Takeover doing whatever immoral thing comes to mind for their profits. Risking innocent children. Nothing seems off limits anymore. Money officially Rules over our dying democracy. It is time we fight back using whatever means to end this insanity. This is how the Nazis began. If we don't stop this we are guilty of our apathy. Then they will come for us. Vote the fuckers out...or grab a pitchfork and tell CEOs we aren't taking it. We are taking it back.

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24 октября, 06:52

Corporations now bribing not just congress...they just got the union too.

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And another good paying (albeit stick before carrot) American job goes bye bye at UPS as their own Teamster union sides with UPS pushes through and ratifies a crap contract a majority voted down. They are selling out the shareholders as well with this ruse. Because people making way more than 13 bucks an hour regularly quit the harrassing atmosphere UPS creates to "motivate" workers. Following workers in literal stakeouts in undercover vehicles with clipboards and cameras and baseball hats in order to "gig" them on not correctly holding a door handle or exiting the truck using marine like choreographed movements to shave seconds off followed by write ups which they use to threaten firing. (Ironically downsizing two well paid managers with hefty salaries driving around on company gas with coffees and clipboards would probably shave some actual fat from the budget.) All this has lead to 90 percent turnover rate as well as health problems from the severe stress . In the end UPS won't be able to deliver packages or shareholder returns because it takes a real salary to put up with this crap. As well as the quality of service will tank because the stick isn't the real motivation - it's the money. Well paid workers in this case meant well paid shareholders. The only motivating factor in this job was the money and benefits. Not too many other employees these days have to wear depends to work or number two in a bag on the floor of a truck, or pee in bottles or the woods while their managers count the seconds outside the door. Yet workers performed and delivered with record productivity. Take away the income..see what happens. This isnt a state union where people stand around looking at a hole in the ground...private unions are an entirely different species and these people arent part of the old boy network...they bust ass. But just like shareholders...there has to be a return. And for the public? Don't count on the same reliability or standards which set UPS above Fed Ex. https://images.wsj.net/im-9932?width=1260&aspect_ratio=1.5 https://truthout.org/articles/in-a-blow-to-labor-teamsters-ratify-ups-contract-despite-no-vote/ https://news.bloomberglaw.com/daily-labor-report/ups-union-wants-to-revisit-ratified-labor-agreement The thing that is never mentioned here is...how much money did UPS pay Hoffa to sell out the hardworking union members he is supposed to represent? Is this akin to embezzling union funds? Is it not illegal for UPS to bribe Union leaders? Where is the investigation? 437,000 PAYING union members were sold to the company. This is far more people than Madoff made off on. Where is justice for the working man? Apparently the company is already letting workers know this will be the case and threatening them with future contract terms of being sent home if they don't do whatever they want and work faster and longer even before this debauchery has gone into effect as well as bringing in workers who have already been trained ( in violation of contract terms). Members have lost their right to work. They can and will be replaced by lower paid second tier workers in training (previous to this new contract it was impossible to train a replacement force with complicated difficult routes) and will eventually pave the way for subcontracting and an end to the union and all labor standards. Regular full time drivers could now become part time temporary with no benefits and told to go home as a punishment for not running faster and skipping lunch or taking a sick day or for any reason the company enjoys ( as the company apparently seems to be interpreting the contract) As far as those pensions Hoffa claims to fight so hard for...workers won't be around long enough to ever see them. And it is suspected Hoffa is collecting his reward in Singapore where dark money frequently changes hands!!!???. What also occurrs to me is that since these 437,000 workers are technically employed just given fewer hours, will they still show up as employed according to labor department statistics because there has not been an actual layoff?... They are keeping them as an on call force. They show up but may not have work. Yet the media blackout persists. Where is the Labor Department? Justice Department? The end of unions is the end of first world working conditions. We must preserve unions. We must investigate Hoffa's and Taylor's accounts and compensations for selling out their investors ( those hardworking AMERICAN guys and gals in brown delivering your packages). We must ensure that corporations are held to account for bribing union leaders. We must ensure that corrupt union leaders face immediate and swift retribution for corrupt illegal activity which harms members and the reputation of all unions. In the past UPS was unable to replace / outsource union drivers.... drivers need to be trained to do complicated routes, which on a mass scale was too difficult to implement without severe disruption to operations. Implementing a lower wage second tier workforce enables this process, which I imagine was drummed up by 'Chief Transformations Officer' Scott Price formerly of WalMart. WalMart has been able to avoid and crush union activity through staunch crushing reaction to throttle any and every attempt at worker unionization. Taking this model to UPS, Price knows what it takes to implement a subcontracted and lower wage workforce without interrupting business, and how to squash the union from the inside out. I wouldn't be surprised if we see Taylor pop up with a position in WalMart for undercutting the mouth that feeds him and his bold corruption costs him his current Teamster negotiator position. But instead he should go to prison. Why no investigation? Are his offshore accounts too hard to track? Good hard working Americans soon to be shoveled off to the unemployment line and replaced for $13 dollar an hour workers. Meanwhile, ceo David Abney makes $7000 per hour as profits soared on the literal backs of the workers as deliveries expand and packages get bigger and heavier. As well as why are Walmart and Ups execs swimming in the same swamps? Perhaps weakening the nation's largest private union serves more than one agenda. At any rate UPS is by reputation anti-worker Tom and Jerry routine... known to stress manage and harrass employees, steal wages, and on for what seems misguided ideas about motivation. ...They prefer a stick over carrot? ...which has created a Stanford Prison Experiment type of environment. So I doubt the second tier caste will stick around for the abuse at that wage. Ups has an over 90 percent turnover rate now even at good wages. And it is the reason despite "brown Friday hirings" they still couldn't even manage to deliver on time for Christmas without union wage drivers working 80 hour weeks ( but get paid for 70) to save the day when all the temps quit. So I think after all this, their plan is doomed to fail. And what will they be known for? Their anti- worker, anti- working class, and soon to be lax delivery services. Add to that UPS you blew your chance for a great slogan. "Employed in America" or Upholding the America's Working Standards. Or Working Wages for Working Americans. Do you know how many red hat wearing not to mention blue hat wearing people specifically go out of their way to buy American products and services and support workers? Could have squashed Fed Ex. But sadly zero innovation. Zero progressive thinking. Missed opportunity. Too caught in old habits. Rinse/ repeat. Add to this Amazon WORKERS DEMAND UNIONS NOW...your coworkers in other countries are UNION and making more than you. They still have powerful unions charged with representing workers. Because the PEOPLE DEMAND it. They just had a multiple country STRIKE and Americans got duped by 15 bucks. Which gets you nothing close to the cost of living. WALMART WORKERS unite and unionize. Show Scott Price he cant do what he wants to workers and now infiltrate the Teamsters to put a nail in the union coffin of not just workers at UPS but workers at WalMart and all across the US.