Showing posts sorted by relevance for query Wall Street. Sort by date Show all posts
Showing posts sorted by relevance for query Wall Street. Sort by date Show all posts

Tuesday, October 18, 2011

Why OWS is bigger than Left vs. Right.

Stuck in the game frame?
Bright Bart and Big Government?


Why OWS is bigger...
Tactically, what we'll see here will be a) people firmly on the traditional Democratic side claiming to speak for OWS, and b) people on the right-Republican side attempting to portray OWS as a puppet of well-known liberals and other Democratic interests.
Whine and G's?
On the Democratic side, we've already seen a lot of this behavior, particularly in the last week or so. Glenn Greenwald wrote about this a lot last week, talking about how Obama has already made it clear that he is "on the same side as the Wall Street protesters" and that the Democratic Party, through the DCCC (its House fundraising arm), has jumped into the fray by circulating a petition seeking 100,000 party supporters to affirm that "I stand with the Occupy Wall Street protests". (I wonder how firmly the DCCC was standing with OWS sentiment back when it was pushing for the bailouts and the repeal of Glass-Steagall Act).
Really?
What nobody is comfortable with is a movement in which virtually the entire spectrum of middle class and poor Americans is on the same page, railing against incestuous political and financial corruption on Wall Street and in Washington. The reality is that Occupy Wall Street and the millions of middle Americans who make up the Tea Party are natural allies and should be on the same page about most of the key issues, and that's a story our media won't want to or know how to handle.
Not your grandfather's "traditional".
This is an issue for the traditional "left" because it's a classic instance of overweening corporate power - but it's an issue for the traditional "right" because these same institutions are also the biggest welfare bums of all time, de facto wards of the state who sucked trillions of dollars of public treasure from the pockets of patriotic taxpayers from coast to coast
Really?
Both traditional constituencies want these companies off the public teat and back swimming on their own in the cruel seas of the free market, where they will inevitably be drowned in their corruption and greed, if they don't reform immediately. This is a major implicit complaint of the OWS protests and it should absolutely strike a nerve with Tea Partiers, many of whom were talking about some of the same things when they burst onto the scene a few years ago.
I have read Matt Taibbi's piece three times now over the course of parsing this, and I will let you read your own conclusions.

[Then I signed the petition at DCCC (see bold) "I stand..." with the following amendments.(see 3 links)]

[Each of the above blockquotes are directly from Matt Taibbi's piece, with the bold segues my comments. But the final Really?, "Both traditional constituencies want these companies off the public teat and back swimming on their own in the cruel seas of the free market, where they will inevitably be drowned in their corruption and greed, if they don't reform immediately." sounds a bit naive if not libertarian. Companies and Wall Street will not reform themselves any more than they will let themselves fail or let the market do its magic. But it is a matter of who's on board or overboard as well as some sort of tents.]
[Speaking of ironies, or Bright Bart and Big Government, just whose side is who on?]
[Meanwhile I have four posts to further parse. Starting with the big bite. @ 7 minutes 15 seconds in: Over two thirds of New Yorkers support Occupy Wall Street.]

[Oh what a web. No E.B. White:
SCroll up! Tol Keen? Rubric, Elements, what "October", Mis-attribute? Justice and/or sand witchbracket.]
[Alternative Reich? Not to pun on the furor, but is there an alternative?]
[A Democratic* strategist touched on something(on Martin Bashir) that has been embedded in my thoughts, and even more embedded in my writings. The Republican candidate will not come from the activist wing. And indeed the current leader often trails "anybody else". Well, they are not really polling that candidate, but the leaders are still struggling for less than a third of the Republican's votes(current Gallup Romney 20%). My point is that there just might be a compromise or coalition candidate. On the other hand... who am I to say democracy will prevail over the Republic?]
* 10-19-11 I have yet to find the proper link but place some others under Democratic Strategist and Martin Bashir.

Thursday, November 03, 2011

Two Points

Please note that just because someone endorses the priciples of a movement, that does not mean they endorse any of their tactics. Obama has been accused of distancing himself from OWS, and the 99%, but I think that is only in terms of some of their behavior and some of their demands.

Who am I to suggest what might work for Occupy Wall Street, but it could be strategic to give them the park back and MoveOn[*] (pardon the Irony)! While I have associated with MoveOn, DFA, and a # of other acronyms and parties(individual and organizational) I think that their message can evolve and be more dimensional.

[Belated Jack Sparrow]

[* 11-4-11 link description added: Ron Suskind on The Rachel Maddow Show, discusses the Financial Transaction Tax And on a related issue, replacing Tim Geitner. The man, any man is not the issue. The policy is the issue. But replacing any individual in the face of Republican obstructionism is problematic.]

[11-4-11 My comment on Left Business Observer is "awaiting moderation". Maybe it is actually awaiting radicalization, but I realize the practical difficulities of moving from Zuccotti Park.(Packing up, needing a place to go, but with the opportunity to return, unless the police occupy Zuccotti Park.) I just mean to take success from the fact that there are so many "Occupy Places" around the country and around the world, not to diminish the value of general assemblies, and the logistical need for occupying some space. Meanwhile here are some other perspectives:
Marc Ash Anarchy v. Non-Violence, The Movement Is Tested
Michael Moore on "Occupy Oakland"
Bill Moyers America Occupies Wall Street Because Wall Street Occupies America
Noam Chomsky Occupy the World
Robert Reich The Occupiers' Responsive Chord

[More Maddow, Cain and Perry and more.]

[A gestalt? Jon Stewart asks about OWS, North Dakota and Syria.
Walk like an...Obama?(up/date plank**)]

** See **B here with follow up.
[And Buffet sages. Note that this is likely the root of Obamanomics(Robert Reich) as I found it, and the root of our problems as Obama and Buffet found it.
More followup. [See deter/mined and Sat Ire.(Buffet v. Trump)]
[Three Points: A. B. C.]

Wednesday, March 09, 2011

The Curve or Nuance Thing

In this I am referring first to the Laffer Curve, which is propably not exactly a Bell Curve..

Now to un-nuance something or other.** The Laffer Curve has generally been used to argue that reducing taxes will increase government revenue. That is also called Supply Side economics. Reduced taxes(for the rich and corporations) will create jobs that will produce things and the economy will grow. Supply money, or not take it away, and it will supply jobs that will supply products and people will buy more. A better economy means better revenue. If people cannot see a few leaks in this theory, it is not just what I may have left out.

Not just the Demand Side, but also the debt side, the outsourcing, and the Wall Street or commodities side are left out. If money is being left in businesses and jobs, it is not being taxed as income. If it has a lower tax rate it will come out as income that will be spent, but there are fewer people in the top tax brackets to benefit the economy than there are in the lower tax brackets who would benefit the economy by having enough money to pay for their needs let alone their demands. Their decrease in taxes, or other income benefits,* would increase demand for products which would produce demand for jobs, which would increase their ability to benefit the economy. Now of course there are dangers to an either/or supply or demand(or any general) approach to the analysis. Then there are the debt, outsourcing, and Wall Street factors. Taxes are aslo a part of how these issues(debt, trade, and investment) effect the economy as generally explained here,(as well as in a more complex equation of the economy) as well as how changes in tax code may help the economy.

This has generally been more about how reduced taxes can help the economy. But there is the correction to the myth that all reducing of taxes increase the revenue. When that is more properly on the curve or in the equation, increased revenue will come from a general rise in the economy, as well as the proper taxation rate which will benefit the debt picture, which will be good for the economy. Now, too much emphasis on the burden of debt, trade and investment risks, must also find itself on the curve or dynamic equation of the big picture as well.

* two charts



** two curves in first paragraph: Ezra Klein and Eugene Robinson
*** yet to fully read, but a note on foreign aid as something to cut with only 1% of the budget. It just might fit into the above understanding of proper balance and investment not that it all is, but a cut in foreign aid may mean an increase or leak in another part of the picture above.

[I hope the above is easy to understand, but then there is the crack pot calling the kettle "stupid". i.e. Wall Street Journal and Bloomberg disagreeing with what Alan Simpson and Charles Krauthammer think.]

[Also Straw Man D'baits Red Herring. Thomas Sowell is right, there is no trickle down. That is because the money needs to be spent at the bottom, but where does the money come from? From the demand and the production of the worker.]

[3-11-11: two links (an update) from State of Thought blog]

Tuesday, November 29, 2011

Mess Age Monger

Reading between the lines.
See Draft,(now that is a tangent),
but I will skip the sign over cosign.
Or See Cant [!]
[Follow-up.]

Two Points Determine a Line.

Foot:Notes (!0

[Now I will parse the irony. The two points are Occupy Wall Street and the National Defense Appropriations Act. (Rebranding a SALT or SLAT**) Actually only one of these last links was the trigger for this line of thought. My point is about the lines as we make them. We are an exceptional country that is at risk of being more like those in the past. Congress is responsible for drawing the lines, and the judiciary and executive are responsible for interpreting and navigating them. Sorry there is no punch line, but that is the dilemma. Re-leads* and typos.

* my original intent was our foundation or 4mat not type ohs.
[The people must be heard, not a herd, let alone hurd.(ouch) It is an uphill job.]

Un-Seg-Way.
[** Strategic Argument Limitations Treaty or Strategic Lines Assault Tactics. Are you with M or again M? V4 VOTE! That is the spell/check of sorts.]

[Speaking of witch or spell checking...two notes of caution. I do not mean to make light of violence, food products or Occupy Wall Street. Or the Heck do I? But is there a line for satire or freedom?(Comity Central in mind.) And R we exceptional or the exception? And you rule!***

*** not original two notes of caution
[Not to mention: On the other hand, save the POST OFFICE and consider upgrading our constitutional links to include the internet. The internet is a post road. And congress legislates regarding commerce.]

[Follow up / un-M-beds]

[Speaking of Timing: Norman Goldman and Sasha. Redo taxes from the ground up. I did not catch enough to know if it was the same Sasha, but it is interesting that I had run across the connection, in follow-up. Not to mention Bill Maher on the question of taxes and class war and who is following [up] or being lead. And how prophetic in my lede and how I followed up in bold. Norman feels it is a misread of sorts. BTW: it is S. 1867 that has s. 1031 & 1032 respecting Amendment 1107.]

Thursday, September 27, 2012

Dancing &Co

Dancing and Bernstein*** and Simon Says.
Is Roger Simon concidering a genre change?
Or has he always been so sharp
Unlike?(Wall Street Joe?)[Or is it Mourning Joe?]


9-28-12  Follow-up :  Sharp Unlike.
Roger Simon's parody of a mockery on the campaign trail **.  (Or cam pain?*)
Wall Street Journal agrees it is the stupid congress. 

*Tommy Christopher digs deeper. 'zzzzzzzz'
(Iron knee of sat ire read it completely.) 

**  (b.s. ). satire mockery
*** can Ohioans do math or what [!] ?
(I know percentage does not equal vote but I am employing mythmatic.  Chances of Romney win in Ohio below 4%. Yet to compare maps or 538.)   

[Bottomline:  It is not the prophets or Simon says corporate capitalizers, but it may be the Peter Paul and Mary principle.  No, just the Peter principle and robbing Paul to pay Peter.  A bird in the hand is worth not having two bushes or an etch-a-sketch Bush is more dangerous when they think they will do one^ better.] 

^ not to (fn) butt... 




Wednesday, January 29, 2014

Cheer Leaders[!]

[!] = tongue in cheek

Responsibility is a three-way turn* not for weigh stop [!^].

* pun on street
^ cheese block or east wing ?^

La state c'est tu [ ! ] ?~**

~? pardon my(*) French(not tu translate)
(*) (by google/search engine) et tu 

** The state is you! 

OK, I mixed or morphed metaphors.  The three-way street that I allude to is not just between wall street and main street, or the responsibility for self or others but to the game and the branches of our establishment.  Akin to the math, linguistics and arts of living.   

^  cam m bear ?
or munster ?
and Cheesetrain ?



 
Go Hawks !
 


 



















Mmmm









[ ! :] James Fallows Late Inserts.

Thursday, October 13, 2011

Tear Down That Wall!

No one predicted the fall of the Berlin Wall?
Meet one of a few No Ones.

No, I am not wishing to tear down Wall Street,
but it must be reformed and regulated.
Then "corporations are not people and money is not speech."
Let's Make A Deal, Humpty Dumpty Come on down.



Not to D-ride.

Speaking of wall,
I mean ledership.
As near as I can tell the American Jobs Act was voted down.
Not Really, I mean...really[! No...Really!]

Tuesday, September 30, 2008

Wall Street or Main Street

Reading between the lines?
The people spoke out 100 to 1 against the bailout.
Republicans voted against** the bill:
"Despite the changes made during an intense week of negotiations, the heart of the program remains President Bush's original idea: spend billions of taxpayer dollars to buy mortgage-backed securities whose value has plummeted."
This comment was from Sunday, seemingly mischaracterizing the progress made on a bipartisan basis. It seems to me that more accountability and more creativeness is needed to bring mainstreet along. But politically it will be difficult as Democrats will not go far enough, and Republicans want the market to fix itself, meaning more trickle down.

[Note that my caution on Palin, is reflected in the conflict of nuance between her comments and McCain policy.[*] It is my feeling that some of the punditry is missing the nuance and/or her uncomfortablness is manufactured intentionally or not by her handlers.]
* the irony is that the Palin/McCain rhetoric on Pakistan is the Obama policy. Or diplomacy is flip-flop and context, not to mention the media.

**Perfect Politics McCain is out of touch, misrepresenting that Obama's allies voted down the bill, when the reverse is true.

[Bush blames media and is right for once. Bailout not the right word and even a fix is not the right word. Unless it is that we are in a fix.]

Tuesday, March 31, 2009

Hold your head up Paul Krugman!

Reform Is Needed. Reform Is in the Air. We Can't Afford to Fail.Truthout.org by: Joseph Stiglitz | Visit article original @ The Guardian UK

Geithner's Plan Will Tax Main Street to Make Wall Street Richer by Dean Baker Truthout.org or Huffington Post

Paul Krugman rounds out or triangles out the table. I will only make one comment in that the bottom line is the people, and since the trickle down has caused an economic bubble if not civilization to go up in smoke and mirrors, that the burden is there on that bottom line, while the money is in the clouds. OK, now I'm rolling. But seriously, I am not sure if we are caught between salting the clouds and salting a mine, but Humpty Dumpty * needs help. Are these the Three Musketeers?
[*] Pre-Post-or-us? links embedded: A Plea to Congress ! Between the charges ? "Off a Cliff" And do we have d'Artagnan on The Fence?

Monday, April 13, 2009

Speaking of on the wall

Or Off it.
I drop two links here for pre-reference:

Everyone Should Pay Income Taxes:
It's bad for our democracy to exempt half the country
. by Ari Fleischer / Wall Street Journal Or as The Week put it "Then more people would want less government spending."

And Tea Parties Forever by Paul Krugman / New York Times

Or Just Verses Not? OK they are both spin and I think I have spun it only slightly if at all hear here re: the weak.
My last crack might be off kilter but I am implying I know the spin on these verses and might support the latter over the former. It would only be fair not necessarily balanced to read them.
[OK, I am dizzy only glancing at the first few Ari paragraphs, (which I had previously not seen) as they were just about the spin and the flip-flop, so bingo and kudos to me. And a closer look at Krugman's Tea Parties Forever nails the MoveOn advice.]
[Some are fond of saying that you cannot tax corporations since costs will be passed bown, well deductions are also passed up, so I think that the balance has been (only) slightly struck. Nonetheless some points may be drawn from both pieces but not without more striking out into how work only trickles up and maybe money should not be treated as capital let alone a product or the point.]
[Not to mention the Triplex of Hitchens, Hartmann and Hedges or the rational middle? It is more likely the tri-pod of progress, or heart, hedge and hitch.]

[Update: 12-16-11 As The Week put it, link corrected. And Triplex amended.]

Thursday, October 13, 2011

IMAGINE!

That is what John Lennon wrote...
and he's not the only one.
This is what democracy looks like!
And Jim Hightower is not the only one.

FYI: Hightower was at Petrovitsky Park Rolling Thunder 2002.
Ambassador Joe Wilson was at the Inslee Iraq Forum.

I realize this is a bit of a ramble. But I will leave it for now. The sentiment is in the Label: Civil Disobedience. Thank you for paying the price. Peace On, not out!

[10-13-11 Here is the inspiration for this post: [And my reply (yesterday).] Wouldn't it be cool.
If the OWS could follow the rules? Now I am not mocking the right or left, but "imagine" as John Lennon said: People occupying the park and actually standing for something? I mean literally to not mock Faux News. But I just mean that the more that stand, the more could fit, and they could even go home or to other encampments or facilities. I'm just saying. [Update] GONGA[*] (against the gravy train)
Yes! I am serious. The park clean-up has been postponed and the private owners of the publicly accessible park have come to an agreement with the OWS organizers. But when some protesters chose to march on wall street, they chose not to use the sidewalks. Which is their right not to follow the rules for the sake of getting the attention through civil disobedience. While I have yet to read the details of the agreement, but I can still imagine. I am imagining a conga line of sorts. Imagine the length of any procession moving from one venue to another. [This is reminiscent of a MoveOn rally that presented the anti-Iraq War Resolution petitions signatures to every congressional office in 2002. Well, we didn't do the conga**. Wish I had thought of it.]

[*] 11-22-11 follow up spell check[!]: My original GONGA is noted as a potential typo or pun that I am now missing, or maybe the voodoo that some do.
** like added 11-22-11

Thursday, October 13, 2011

Walking the Plank[!]

A caller to a talk show expressed well my sentiment on the death penalty.
Paraphrased: I will support the death penalty when the first corporation is executed in Texas. Well, being a Jolly Roger, (i.e. No Will Rogers) I might not go that far mattie.(ar R something privatization.)

[!]= sarcasm/irony punctuation (See lede 'r ship)

The real leadership is not in a party or a position but in ideas. My pun is purely about the platform over the process, not to mention parties. But in particular a few planks that Bernie Sanders has suggested in the form of: Six Demands to Make of Wall Street.
If Republicans want to walk the talk, of Where are the Jobs?* Then vote on every last one of these, as well as the American Jobs Act, and see who will be left on the ship of fools.

[Speaking of R's Bruce Bartlett anyone? (or A B Sea?)

* The American Jobs Act.

Speaking of three R's.
Four P's.
Five Minutes.
Six Demands.
Seven Lies.(2.5 minutes)
Too Cubed.
Three Three Squared.

Wednesday, December 14, 2011

Mission Accomplished


(AP photo see link)
A case of colors.
The Wall Street Journal is not necessarily the first source for Obama flag waving, but the lede is this: Obama Lauds Troops as Iraq War Winds Up. But under my ledership*, I must note that "Mr. Obama was careful not to declare victory." But Colonel Wilkerson and Rachel Maddow rally** my reasons for the lede here. "Hooah!"

* yes "ledership"(sic)
[link is leadership]
** link yet to be embedded (here)

[Speaking of battles and drafts, yet to be. (Ground Troops***)]

*** i.e. foot noted
[PEA CE OUT]


12-15-11 [*] "Hooha!" Not Exactly,
but close enough[!]
(for gov'meant work)
[Nor black and white, but here are four perspectives. This is a deeply embedded line. It is about working together and leadership, not without ledership. The gist of it is in regards to the process of crafting good documents(let alone with imperfect people). As in what the heck is Obama doing, let alone Ron Wyden, or Rand Paul.(or Keynes/Hayek) The most important ingredient in these threads is the people, their understanding, and elections that matter. Issues bring the people to the table, and the ballot box.]
[No Horsing around.]
[*]Well maybe a little horsing around. But with respect to follow-up to Awkward Segue, and "four perspectives"(text today) I note that Norman Goldman addresses the NDAA, and was looking forward to Randy Rhodes giving her perspective, but David Sirota was sitting in.]

Tuesday, September 15, 2009

Obama to Wall Street

My thoughts yesterday* turned to last Wednesday's glare that was given by Obama to Joe Wilson. That look was prevalent in what I saw of his remembering one year ago. It seemed that it was more in the nature of "you are with us" or "you are against us".

I have yet to read** blogs or posts in regards to this issue, but it is the next big lift:
Keep it Obama

What does that mean?
Hope that someone will be at the table, even if we have to take their ideas without them.


I reiterate, I have yet to more than glance at the these jabs, but I draw my own metaphors.

* remembering that one year ago Bush was president.
** Caution: these(or this) may blow the cultural bubble

Wednesday, June 15, 2011

Connecting the Dots

Yesterday's post was a bit too way out,(Way, Too Point Oh?), from the Campaign for America's Future's Star Wars attack to the Institute for New Economic Thinking's flip-flop of the free market fantasia. By way of explaining the stretch, from the Wall Street Bull to the Statue of Liberty there is the Bully Poor Pit.

Obama is no Trekky or cable guy, but he is more bullish than just hat. I was recently reminded that the "bully" in "bully pulpit" is not the bully of the school yard but was Teddy's term for good. Bully for him. President Obama is no messiah, no FDR and no Teddy, but he is also no bull nor bully. He will be at the Bully Pulpit, and that is a good thing. No pun.
[See 1st Comment]
[update Chris Matthews: more links and follow-up today.]

Monday, October 17, 2011

Bite of the Big Apple?

Rachel Maddow points out that almost 70% of New Yorkers support Occupy Wall Street(7 min 15 sec into video).*
And they are the ones that have to put up with the so-called PU.
People United.

Place holder?**
Meanwhile Herman Cain Sim City or Un-Koch or champagne?
[No...pre-emptive Palin.]

[10-18-11 Asteroids, I mean asterisks added.]
*link added
** I'm no Sim City but Brown and Cain are pirating lines and planks or vice verse us, but actually more American than Apple Pie(Beetles? Or bugs.)Why can't Republican admit, they aren't bootstrap makers?

Statue

Of Limitations.
The Dream was honored this weekend,
in more ways than one.
May it never run out.


Please note the pun on "statute".
It seems appropriate in light of the
Small-"d" democracy verse US the capital "R" Republic-can'ts.
[OW Schmow: almost 200 Occupy Chicago protesters peacefully arrested, that's the ticket! No Co-opT Wall Street and cheese heads.]

Tuesday, October 11, 2011

One Bad Apple

don't spoil the whole bunch!
People are not apples, and several data point are not a playing field [!]

See bold "bunch" for a crisp one.
[ Speaking of bad apples, not!]


ALMOST SATIRE!(see "bad")
[De-constructive social criticism using dull as a weapon. I feel fairly certain that OWS does not want to do away with corporations, or even that corporations are the target. All corporations are not evil, they are amoral. Corporations are not the real bogeyman, Wall Street and regulations aren't either. They are what need to be addressed in a balanced way.]
[Not exactly oranges.]

Monday, November 28, 2011

Occupy Wall Street has won.

I just can't remember what the sign was, or the source. The crack involves some Republican or other mess age monger, breaking with the no taxes position. If I recall, I will source it here *. Oh yeah, it might have been the New Hampshire Union Leader endorsement of Newt Gingrich because he is not Mitt, who is the 1%.

* Still not primary source [thanks to Rachel Maddow: not the source, just the reminder, See Bob Herbert.]

[11-28-11 MoveOn [?]
Looking Up?
Tax Buts.
Mess Age Monger[]
Alter Net?]