The Chainlink

Apparently the "Occupy Wall St" movement has spread.

 

Anyone want to ride/stop by Willis Tower tomorrow night? Who knows... this just may be history in the making.

 

http://www.rawstory.com/rawreplay/2011/09/occupy-chicago-protest-en...

 

Man, I'm itchy for some change. Would be nice if the movement had a couple cohesive messages; some actual solid demands. I suppose "change is really necessary" is okay for now.

 

And from the looks of it, the crowd could probably really need that good ol' CCM energy. Well, without the part where we wreck stuff. Not that part. I mean the jovial part. It's a PEACEFUL protest :)

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I over heard a guy say "these people don't want to work but have time to protest"!!!???

 

Did they protest infront of the Chicago Board of Trade as well?

 

 

In response:

 

"People without jobs have plenty of time to protest government-funded million-dollar bonuses for white collar criminals, courtesy of the working-class taxpayer (the only kind of American receiving zero government support at the moment)."

 

... are the working-class taxpayers part of the 45% of American households who don't pay Federal income tax because of targeted tax deductions and other subsidies? (Ref:http://money.cnn.com/2011/04/14/pf/taxes/who_pays_income_taxes/inde... ) Or does the working-class taxpayer include the students who, each year, receive taxpayer subsidized loans and grants to the tune of approximately $80 billion? Do working class tax payers work for one of the companies that received billions in SBA-subsidized loans and grants last year? 

 

Don't say that the government doesn't do things to benefit working class taxpayers. That's simply not true.

 

"With the TARP money, the government could have instead paid off the mortgage of every single citizen and built a brand new house for everyone else. Obviously, that is not the bill we passed. People who are not hedge fund managers and investment bankers have every reason to be angry."

 

Actually, the majority of TARP money has been paid back, and the biggest group that has not repaid back TARP money are by far the automakers, not Wall Street -- according to the Treasury Department.  See the most recent "TARP Daily Update" at http://www.treasury.gov/initiatives/financial-stability/briefing-ro...

 

Actually, I think they're targeting the Federal Reserve Bank of Chicago (that's where they are camped out).

Davo said:

Did they protest infront of the Chicago Board of Trade as well?

 

Seemed like a lot fewer people today.  I was by there around 12:30 PM.

 

Last night at about 2 or 3am, they were told by the CPD that they not only mustn't sleep, but they couldn't even sit. They mustn't be stationary, but that they had to be moving.

I really hope that everyone who's got it in their head that they WANT to be there, and who CAN be there, IS THERE. They need you!

More info on the origins of Occupy Wall Street and a few predictions for the next couple of months from the Adbusters' folks:

I think this whole thing will stay fairly amorphous through the next big event on Oct. 6 in Washington. Then it will gain global momentum on Oct. 15 when the Europeans have their big moment in the sun. I think the big global catalytic moment may well happen on Nov. 3 or Nov. 4 when the G-20 is meeting in France.

Here is the video of Critical mass bike ride passing by occupy Chicago and the Fed. http://www.youtube.com/watch?v=nl2N3NM3gOA&feature=related stay strong

Many of the Occupy Wall Street demands dovetail with ones of Move to Amend, the Logan Square chapter of the Green Party hosted them a few months ago.  People interested in the nuts-and-bolts changes being proposed to the constitution can learn more here:

 

http://movetoamend.org/


Maybe I'm ignorant as to what exactly the Occupy groups are doing, but as far as I see, all they seem to be doing is walking around and complaining.  I definitely agree with their complaint, and would want to help with making a change..especially since I was raised at the extreme bottom of the financial food chain, due to corporations destroying the city I grew up in, in Michigan.  I just don't think a protest is the right approach.  Most protesters are just all voice and no action, so it just becomes an annoyance to others, which is a bummer.
Care to wager why they aren't paying anything?  Half are households are making less than $20k a year.  Another big group are the elderly (a.k.a. retired and not earning incomes).  Then there are the unemployed,  Of course, even those who are working but not paying federal income taxes are still paying federal payroll taxes. 

Rowbike Mike said:

 

In response:

 

"People without jobs have plenty of time to protest government-funded million-dollar bonuses for white collar criminals, courtesy of the working-class taxpayer (the only kind of American receiving zero government support at the moment)."

 

... are the working-class taxpayers part of the 45% of American households who don't pay Federal income tax because of targeted tax deductions and other subsidies? (Ref:http://money.cnn.com/2011/04/14/pf/taxes/who_pays_income_taxes/inde... ) Or does the working-class taxpayer include the students who, each year, receive taxpayer subsidized loans and grants to the tune of approximately $80 billion? Do working class tax payers work for one of the companies that received billions in SBA-subsidized loans and grants last year? 

 

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