Anonymous
10/19/2011 21:11
Subject: Re:What the Wall Street Protesters Want
Anonymous wrote:Anonymous wrote: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.
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.
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.
Anonymous
10/19/2011 20:30
Subject: What the Wall Street Protesters Want
20:23 also missed the day on marginal cost pricing.
Anonymous
10/19/2011 20:23
Subject: Re:What the Wall Street Protesters Want
Anonymous wrote: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.
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.
Anonymous
10/19/2011 20:19
Subject: What the Wall Street Protesters Want
TheManWithAUsername wrote:Anonymous wrote: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.
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.
Not true. We'd be Greece and protesting in the streets because we couldn't afford all of the regulation and handouts.
Anonymous
10/19/2011 20:17
Subject: Re:What the Wall Street Protesters Want
Anonymous wrote: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.
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.
Anonymous
10/19/2011 18:41
Subject: What the Wall Street Protesters Want
TheManWithAUsername wrote: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.
TheManWithAUsername
10/19/2011 17:53
Subject: What the Wall Street Protesters Want
Anonymous wrote: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.
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.
Anonymous
10/19/2011 17:26
Subject: What the Wall Street Protesters Want
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?)
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?)
Anonymous
10/19/2011 16:44
Subject: Re:What the Wall Street Protesters Want
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.
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.
Anonymous
10/19/2011 16:25
Subject: What the Wall Street Protesters Want
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.
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.
Anonymous
10/15/2011 15:07
Subject: What the Wall Street Protesters Want
Most places call it democracy!
Anonymous
10/15/2011 14:39
Subject: Re:What the Wall Street Protesters Want
In some parts of the world, the ocuupiers are calling for communism.
TheManWithAUsername
10/13/2011 16:43
Subject: What the Wall Street Protesters Want
Anonymous wrote: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.
Anonymous
10/13/2011 16:17
Subject: What the Wall Street Protesters Want
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
http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1
Anonymous
10/13/2011 14:22
Subject: Re:What the Wall Street Protesters Want
Anonymous wrote:They need to consider really crappy jobs just to get their foot in the door.
Umm, some of them need to consider bathing and perhaps getting a hair cut. Perhaps learn how to make a decent protest signs (learn to spell f*ck...) and cleanup after yourselves. I saw a small group of them in Baltimore last weekend. Not very impressive in my opinion.
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.