Occupy Jax is coming...

[Sigma]

No worries BT........it's that age-old Republican warning:

Don't bother to regulate anything that could potentially lead to some profit losses, because businesses will stick it to the consumers in a different way. In the end consumers pay no matter what.

Rather, could we just admit that banks make record profits and could absorb some losses from consumer protections without sticking it to us on the other end?

So you'd prefer over regulation by the government, stifling economic growth, while foreign competition passes us by and the consumer takes the hit - so you can blame businesses that produce the wealth?  nice logic there.

[FayeforCure]

No worries BT........it's that age-old Republican warning:

Don't bother to regulate anything that could potentially lead to some profit losses, because businesses will stick it to the consumers in a different way. In the end consumers pay no matter what.

Rather, could we just admit that banks make record profits and could absorb some losses from consumer protections without sticking it to us on the other end?

So you'd prefer over regulation by the government, stifling economic growth, while foreign competition passes us by and the consumer takes the hit - so you can blame businesses that produce the wealth?  nice logic there.

Thank you Sigma for the opportunity to answer that question. As with anything in Life.........it's not an all or nothing proposition.

I and many fellow citizens believe in a steady state economy:

http://steadystate.org/

Appropriate regulation doesn't mean over regulation.

[monicabrbr]

This article explains how financialization infects all areas of our lifes.

All of this distortion in the market occurred due to the direct acts of government acting at the behest of fat cat banksters and industry insiders, using the threat of force to strip your wealth.[/i][/i]

http://market-ticker.org/akcs-www?post=195434

[mtraininjax]

I hear the moon is nice place for people who want a redistribution of wealth, this time of year.....

[FayeforCure]

I hear the moon is nice place for people who want a redistribution of wealth, this time of year.....

Don't worry mtaininjax, that redistribution of wealth that you are speaking of is alive and well.

But it's in reverse of what you think.

The wealth redistribution has actually worked magnificently well upward over the last 3 decades:


Most Americans have already “sacrificed,” working longer hours for less, with declining wages and growing insecurity. Meanwhile 40% of all income gains over the last generation went to the wealthiest 1% of Americans.  The result?

[FayeforCure]

This article explains how financialization infects all areas of our lifes.

All of this distortion in the market occurred due to the direct acts of government acting at the behest of fat cat banksters and industry insiders, using the threat of force to strip your wealth.[/i][/i]

http://market-ticker.org/akcs-www?post=195434

Excellent piece:

We did not find ourselves here because of the "free market."  We are here because the rich and powerful demanded special protections from government that allowed them to enslave you, they enticed you into taking that first hit off the crack pipe of cheap money, and then once you were hooked good they used the jackboot of the government to screw you through changes in the law and special protections for themselves so that you could not easily escape.

The solution is not to demand "free stuff" or "fairness."

The only solution is to remove the excess leverage from the economy - to get rid of the debt that has been accumulated and force recognition of the fact that not only are many people bankrupt but the financial institutions are as well.

BTW I love Dylan Ratigan.

[Doctor_K]

No worries BT........it's that age-old Republican warning:

Don't bother to regulate anything that could potentially lead to some profit losses, because businesses will stick it to the consumers in a different way. In the end consumers pay no matter what.

Rather, could we just admit that banks make record profits and could absorb some losses from consumer protections without sticking it to us on the other end?

So as a business owner, am I not allowed to maximize my profits? 

Nope - maximizing profits is GREEEEDY.  And EEEEVIL.  And oh-so REPUUUUBLICAN.

[FayeforCure]

No worries BT........it's that age-old Republican warning:

Don't bother to regulate anything that could potentially lead to some profit losses, because businesses will stick it to the consumers in a different way. In the end consumers pay no matter what.

Rather, could we just admit that banks make record profits and could absorb some losses from consumer protections without sticking it to us on the other end?

So as a business owner, am I not allowed to maximize my profits? 

Nope - maximizing profits is GREEEEDY.  And EEEEVIL.  And oh-so REPUUUUBLICAN.

No, maximizing profits is unsustainable and self-destructive with huge collateral damage.

Check out the demise of Health South. CNBC just aired GreedyAmerica featuring Health South last night.

[John P]

I saw a flyer, looks like Occupy Wallstreet is coming to jax:
https://www.facebook.com/OccupyJax
Twitter:
https://twitter.com/#!/occupyjax

Here's their unofficial press release:

Hundreds from across Florida will assemble in downtown Jacksonville to hold the first Jacksonville General Assembly in response to the Occupy Wall Street movement in New York City. As a leaderless organization, Occupy Jacksonville seeks to establish a permanent presence in the First Coast area.

At Hemming Plaza, 135 Monroe Street West, crowds will gather at noon to discuss issues, peacefully protest corporate greed and political corruption, and march Saturday, October 8th at 2:00 p.m. The People of Occupy Jacksonville are not governed by any one individual or group, but instead use the General Assembly forumâ€"established by Spaniards earlier in the year and imitated by the Occupy Wall Street protestorsâ€"to create a symposium through which general consensus can develop. The first Jacksonville General Assembly will act as a “Town Hall” forum for debate, dialogue and dissent amongst Floridians who identify the modern economic climate as a key component to national and global unrest.

With 1% of the population overseeing nearly 40% of the nation’s assets, and with economic decisions in Washington D.C. and on Wall Street hindering progress in every sector across the nation, many are in agreement that something needs to change. However, politicians in both major parties continue to side with financially prosperous individuals and corporations at the expense of the other 99% of the population. Those include people of all political, religious, socioeconomic, racial and educational backgrounds. The Jacksonville General Assembly, in solidarity with the New York General Assembly and others across the nation, seeks to address these issues by hearing from all perspectives indiscriminately and forming a united response agreed upon by the entire collective.

Occupy Jacksonville wants to stress its nonviolent approach to societal conversation. Though many individuals will come together from their diverse traditions to protest and march in solidarity, the Jacksonville General Assembly will act as the cornerstone upon which the needs of the 99% will be cautiously built. The collective as a whole is its own spokesperson; no individual opinion represents the consensus of the Jacksonville General Assembly.

All are welcome. None will be turned away. Nonviolence is paramount.

Will the homeless outnumber the occupiers?

[hillary supporter]

No worries BT........it's that age-old Republican warning:

Don't bother to regulate anything that could potentially lead to some profit losses, because businesses will stick it to the consumers in a different way. In the end consumers pay no matter what.

Rather, could we just admit that banks make record profits and could absorb some losses from consumer protections without sticking it to us on the other end?

So you'd prefer over regulation by the government, stifling economic growth, while foreign competition passes us by and the consumer takes the hit - so you can blame businesses that produce the wealth?  nice logic there.

In Sept 2008, the melt down, was attributed to banks investing in "toxic  mortgages, toxic assets." Lack of monitoring from the Federal Reserve and Its lethal allowance of "derivatives", "shadow banking systems. the LACK OF FEDERAL REGULATION
was attributed to the failure by the Financial Crisis Inquiry Committee. The committee found that this financial crisis was preventable by this and many other factors listed in this wikipedia article.
http://en.wikipedia.org/wiki/Causes_of_the_financial_crisis_of_2007-2010
Concerning "foreign competition" many more foreign banks collapsed than American until, like the Us govt, foreign governments chose to bail those banks out. A big difference from us is that the conditions were much MORE stringent in a more firm government regulated policy by those foreign nations.
Its not that the business (the banks) are producing the wealth. Its that those very banks would have collapsed, gone bankrupt, if not for the government, The 99% ers (which includes all of US) the 99% of the people of our country. And now those banks refuse to lend money at reasonable rates, charging HIGHER rates to more endangered people (us) who have a "lower credit rating"
who commonly pay MUCH higher TAXES to have BAILED out those banks(not people, "corporations") than the 1% wealthy!
The paradox goes back further to the beginning of that meltdown when many congressmen, like our own Ander Crenshaw and John Mica, voiced strong thoughts about NOT bailing out the banks. Eventually they agreed with President Bush to support the bailout on the insistence of Fed head Ben Bernanke. But in todays economy, the people are increasingly realising that the banks (corporations, not people) have exploited this whole crisis to actually make unprecedented profits while the 99% are rapidly entering UNPRECEDENTED poverty. Looks like our republican conservative congressmen had a point!
Its not enough about taking your business elsewhere, because many here did such, even before this crisis. Its not about outnumbering the homeless in Hemming Plaza, its not about playing chess in the park.  Its about the 99% (people) being "hoodwinked" by the 1%,  corporations, WHO EXIST, WHERE?    ONLY   ON     WALL    STREET!

[RockStar]

How to get the occupiers to occupy anything when they're already pre-occupied is the real trick.

On the other hand, there will be new people to play chess with this weekend in Hemming Plaza.

[FayeforCure]

I don't know about other events in jax............like other protests.........but there sure seems to be interest in OccupyJax on facebook.

Almost 1500 people from jax have already "liked" the Occupyjax page:

http://www.facebook.com/OccupyJax

This might be the one where right and left will join to voice our concern about corporate greed destroying our country. How many of us have lost our homes to foreclosure?

Jax has the dubious distinction of having been at the epicenter of the rocket docket that handled hundreds of foreclosures per day through robo signing without due process.

http://www.rollingstone.com/politics/news/matt-taibbi-courts-helping-banks-screw-over-homeowners-20101110




All of us who have been screwed over need to be there.

[hillary supporter]

I don't know about other events in jax............like other protests.........but there sure seems to be interest in OccupyJax on facebook.

Almost 1500 people from jax have already "liked" the Occupyjax page:

http://www.facebook.com/OccupyJax

This might be the one where right and left will join to voice our concern about corporate greed destroying our country. How many of us have lost our homes to foreclosure?

Jax has the dubious distinction of having been at the epicenter of the rocket docket that handled hundreds of foreclosures per day through robo signing without due process.

http://www.rollingstone.com/politics/news/matt-taibbi-courts-helping-banks-screw-over-homeowners-20101110




All of us who have been screwed over need to be there.

It  will   be    huge!!! While all of us wont be there,  MANY  WILL!!!

[FayeforCure]

YAY, First Coast News just aired this:

http://www.firstcoastnews.com/video/1202371381001/1/Occupy-Wall-Street-Coming-to-Jacksonville

[coredumped]

1500 likes, and, at the time of this writing, 460 attending:
https://www.facebook.com/event.php?eid=197668320306311 (the count is on the left hand side)
I figure about 75% will turn out, 50% if it's raining, and 25% if dancing with the stars is on:D