Yeah, it was like that in the 60's too. A generation of youth with a stagnant economy, no prospects for a decent living, and a costly war start protesting. But those unwashed hippies ended up changing public opinion. |
If anyone's actually so fucking clueless that they can't figure out why people are marching in the streets:
http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1 |
Thanks - bookmarked. |
In some parts of the world, the ocuupiers are calling for communism. |
Most places call it democracy! |
I just don't get it. Some of the Occupiers seem to be college educated, but in areas of study that really don't have a lot to offer in terms of employment. Who's fault is that? Apply your skills in a different way and get over yourself.
Also, if they take down the 1% that they're rallying against, won't there just be another 1% to take their place? It's not as if that group making less money, or paying more in taxes, will result in more jobs for art history majors or money in their pocket. That is just lost economic value. |
Did you hear about the shortage of chemotherapy drugs right now? And how several Big Pharma companies have marked up prices as much as 650% on remaining stock?
THAT is the type of thing Occupy Wall Street is protesting. Corporate greed at the expense of our neediest. There are many reasons people are protesting. They are not a monolithic group. But that's just one. |
Hey, maybe if the private sector had created jobs in the US instead of making record profits ... we might not be at this point.
The only job growth under Bush II was in the public sector. Private sector employment FELL under Bush II. It's fine to criticize Obama for not addressing the problem, but come on, what are the TP'ers suggesting other than the same old shit they've been suggesting for the past 30 years (but at the same time taking extra care not to touch general population programs like Social Security and Medicare?) |
From the site with the pics and short statements (WTF is tumbler? I'm old.), there did seem to be very many over- and uselessly educated people. We need to start referring to the student loan-educational complex. All these kids being sold the lie that a liberal arts education is important, and then adopting the belief that they're entitled to it for that reason. The other strong theme, though, is health care. If we had had universal healthcare and real banking regulation, we wouldn't have had either of these angry movements. |
It's tumblr.com (no e), and I had never heard of it either (but then, I'm REALLY old). It's apparently the hot host for blogging these days. |
First of all, as the NBC Nightly news segment correctly pointed out, it is the "grey market" where these markups happen (the middle men, not the manufacturers). Also, these drug shortages are in generic drugs, not in brands. Finally, you clearly missed the "supply and demand" day in Econ 101. Well, you, and a whole bunch of wall street occupiers. |
Not true. We'd be Greece and protesting in the streets because we couldn't afford all of the regulation and handouts. |
One does not have to miss the lesson on supply/demand to believe that an explanation of why profiteering is possible does not justify it, especially in the case of a commodity like a drug that people's life or health depends on. |
20:23 also missed the day on marginal cost pricing. |
I understand how supply and demand works. That doesn't make it ethical. I don't begrudge anyone a fair profit, but profit is obscene when it costs people their lives. |