Wednesday, October 5, 2011

LA Times Attempts to Help the Occupy Whiners

It should come as no surprise that Big Labor is getting involved in the Whine and Do Nothing Productive Sessions... otherwise known as Occupy Wall Street or Occupy ____. Here's E. Scott Reckard's report in the Los Angeles Times.
Protesters spent their fourth night camping outside Los Angeles City Hall, disrupted a bankers conference at a Newport Beach yacht club and demonstrated outside a financial executive's Bel Air home.

And what does that accomplish? Imagine the howls and shrieks of "inciting violence" and "violation of privacy" if TEA Partiers showed up outside of someone’s house. Where's the New Tone of Civility?
Protests on the West Coast have drawn an assortment of activists, from college students

= grown people dependent on their parents and taxpayers
to anarchists

= potheads, essentially.
to ordinary Americans worried about the economy. They have no single organizer, and instead are made up of individual groups focused on what they see as the banking industry's role in the growing divide between America's rich and poor.

"The banks engineered the country's financial collapse and then profited from it," said Joe Briones, 29, a film major at L.A. City College who is helping to run the Occupy LA social media feed from the City Hall protests.

Let's assume the banks profited from it. If they did, it was only by the aid of a government that should have been more limited. There's the real problem – government needs to be limited and run per the instructions provided by the Constitution.
The bankers listened as protesters accused them of causing the economic meltdown by peddling bad loans,

Per federal government pressure. And what about the people who took out those loans?
accepting government bailouts and then doing little to compensate for the damage inflicted.

Evidence, please?

Robert Hawkes at 9:34 PM October 4, 2011:
"Corporate greed" brought us the light bulb, hybrid cars, the proliferation of the Internet, renewable energy sources, the decentralization of journalism as exemplified in this blog, and whatever device you're reading this on. American businesses are also the greatest benefactors to worldwide relief and other charitable organizations.

Of course, there have been abuses as well, such as the recent bailouts, and what is generally referred to as "corporate welfare."

Though I respect their right to peaceful protest, I find Occupy Wallstreet's blanket labeling of all corporations as "evil" and "greedy" to be disingenuous and misleading.

Thank you, Robert Hawkes.

Here's Michael Muskal's article.
Those who think that the ongoing Occupy Wall Street movement is just a traffic annoyance with nowhere to go should remember that the same was said at one time about protest movements around the world throughout history, including the tea party movement in the United States.

Yes, but these are just whiners. And with the SEUI providing the only semblance of organization, it just becomes another tool for protecting the entrenched government workers at the expense of others.

Here's Kate Linthicum's article about City of Los Angeles councilmembers going to get face time after their meeting.
Before leaving Tuesday, Garcetti told the protesters: "Stay as long as you need, we're here to support you." A spokeswoman for Mayor Antonio Villaraigosa said he plans to visit the encampment Wednesday.

He may be looking for a date.

maineman1 at 7:18 AM October 5, 2011:
Our "free market system" is bankrupt.

Our redistributionist government schemes are bankrupt.
We need to address the predatory capitalism that preys on the middle class and the poor.

What does that mean? Don't like what a company does? Don't buy their products or services, don't invest in them, and don't work for them.
Financial reform is vital to combat the effects of consolidation, conglomeration, "too big to fail," unfair labor practices and environmental predators.

So you are against efficiency and cooperation? Which unfair labor practices are you talking about – the ones where union members agree to compensation, and then claim they need more, taken by force through the government? What environmental predators?
US banks, investment firms, hedge funds and others must be regulated and conform to new US standards and ethics of market behavior.

They are regulated, and some of that regulation has done a lot to make the mess.
Income and profits above certain thresholds would be taxed heavily.

Why? Who decides what the right amount is?

Banks should act less like a casino; taking in the money from the rubes, and placing bets on bets.

So, do you protest casinos? The lottery?
They have taken federal money generated by US taxpayers and have invested in schemes that have stolen billions from those same taxpayers.

How did they get "federal money"? Through Big Government.

Here's the paper's editorial, pretending this is just like the TEA Party, only with ideology the Left supports.
We too find it hard to get especially worked up over a series of small demonstrations in a handful of cities, including Los Angeles, involving mostly disaffected people who have trouble expressing what it is they're against. But isn't that how the "tea party" started out?

No, it isn't. The TEA Party started to say we've been Taxed Enough Already and that the federal government shouldn't be throwing around money we don't have.
The political left has been searching for the last couple of years to find an answer to the tea party.

Impossible, because they support enlarging and centralizing government.

Limiting government and being productive citizens is the way to go. Nobody owes you a job with all of the benefits and pay level you want. What are you doing for your neighbor? What good or service are you providing in enough abundance to meet the needs of others in exchange for them providing goods and services that meet your needs?

No comments:

Post a Comment

I always welcome comments. Be aware that anything you write may be thoroughly analyzed and used in subsequent blog entries.