love this article

[RIJIMMY]

suprised there are have been no posts about this whole Occupy Wall St movement?
While I agree there is some change needed, I do not agree that students were bamboozled into taking large loans or homeowners (aka home borrowers) were manipulated by banks. Seems like a lot of gimmee, gimmee, gimmee. Also cant believe the city of Boston is letting these guys get away with no permits, no sanitations and providing them electricity, also no tracking of donations. Those things were never offered to the tea party, but what do you expect. One repersents law abiding WORKERS, the other people who expect things to be given to them.
This article sums up my feeling exaclty

..From "Spreading The Wealth" To "Spreading The Misery"
By Charles Kadlec | Forbes – 13 hrs ago....tweet0Share0EmailPrint......Business slideshows.
.Occupy Wall Street protests spread
51 photos - 15 hrs agoChina's richest village
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4 photos - Mon, Oct 10, 2011...See latest photos »....



Misery loves company. From the demonstrators on Wall Street, to the halls of Congress, that destructive but all too human impulse is rising to the fore. The potential result – policies that spread the misery -- now stand as a potential and potent threat to the economic outlook.

There is certainly more than enough misery to go around. With the unemployment rate at 9.1%, and the 12-month change in the CPI at 3.77%, the " ," the sum of the two, in August was 12.87, its highest level since May, 1983. And, last week's report that the unemployment rate remained stuck at 9.1% in September means economic misery remains high.

The fact is the growth in the U.S. economy and the consequent job creation remains anemic at best. The September jobs report was good news only in the sense it provided some evidence that the U.S. economy was not slipping into another recession. Nonfarm employment edged up by 103,000, reflecting in part the return of 45,000 workers who had been on strike in August. Revisions to the July and August numbers also show an additional 99,000 jobs were created in those two months. But, the three month average remains below 100,000 new jobs a month, far below the number needed to bring down the unemployment rate.

In addition, wage gains continue to lag the increase in the price level. During the past year, consumer prices have increased 3.8%. But average hourly earnings are up only 1.9%, and the average weekly earnings of production and nonsupervisory workers are up only 2.2%. The net result: more than a 1.6 percentage point cut in real wages for the average American worker.

With little relief in sight, there are strong grounds for those most affected to take to the streets and demand change. The young, minorities, the disadvantaged and a huge slice of the middle class who were promised they would benefit from the massive increase in the government's control over the economy are beginning to realize that they are, in fact, bearing the burden of those policies through unemployment, limited job opportunities, and falling living standards. Worse, those who were supposedly going to pay are still doing just fine.

Adding to the resentment against those who have managed to prosper are the government bailouts of Wall Street firms, the politically connected, including , and the United Auto Workers, and, let's not forget, the wasting of billions of dollars on "green jobs." As it turns out, empowering government in the name of the greater good inevitably means empowering the special interests and the rich with political pull.

No wonder the chant of "tax the rich" has such appeal.

Faced with the stark failure of their policies to create jobs or to produce a "more just" society, progressives are replacing "spread the wealth" with "spreading the misery" as their polar star. Thus, President Barack Obama champions a so-called "jobs bill" calling for the very same policy mix that produced today's high misery index. Targeted and temporary tax cuts and another massive increase in government spending are to be funded by permanent increases in tax rates on so-called millionaires and billionaires -- those who make more than $200,000 a year.

This plan puts hope over experience. If government spending could produce jobs, Greece would be a booming economy instead of the basket case of the Eurozone. For every dollar spent by government, a dollar has to be taken from the private sector. Only if it is at least as productive as the private sector can government spending lead to an increase in employment. Otherwise, government spending reduces the resources of the economy by imposing involuntary, one-sided exchanges. But, real jobs are created and society's wealth is increased when individuals are free to discover exchanges that are mutually beneficial.

A permanent increase in marginal tax rates may spread the misery to those with higher incomes, but it will kill, not create jobs in the U.S. economy. Personal income tax rates are the equivalent of a tariff on the employment of U.S. workers. The higher tariffs are, the less trade, or in this case, less domestic commerce takes place. Higher domestic tariffs on small business men and women, for example, reduce their cash flow while reducing their opportunities to engage in activities that produce an acceptable, after-tax return on their capital employed. Less trade, fewer jobs and a higher misery index are the result.


Bi-partisan support for the Chinese Trade Bill is another threat to the outlook. The bill would supposedly save U.S. jobs by raising the price of Chinese imports by 25% by either forcing the Chinese to raise the value of their currency relative to the dollar, or by imposing 25% tariffs on Chinese made goods. The idea: spread the misery of the lackluster U.S. economy to the Chinese.

The rhetoric in support of this policy appeals to our pro-American instincts, and general sense of solidarity with our fellow citizens. But if implemented, such a plan would only drive the misery index higher still.

First, raising the price of Chinese goods is the equivalent of legislating a pay cut for every American who now has to pay more for many of the goods at his or her local store. Second, paying more for Chinese imports means we will have less money to spend on other goods and services, most of which are provided by American workers. So, while a few jobs may be saved and the profits of favored U.S. corporations protected, thousands of jobs no doubt would be lost.

Nor can government create jobs by imposing new regulations on the economy. This truth is demonstrated by the price controls on debit card swipe fees mandated by the Durbin Amendment to the Dodd-Frank "financial reform" bill. On October 1, these fees were cut to about 24 cents from 44 cents per transaction.

Faced with an estimated $6.6 billion reduction in revenue, banks are introducing monthly debit card fees of as much as $5 on those with smaller bank balances. Other banks are cutting expenses and employment. To offset the lower swipe fee revenue, International Bancshares Corporation (IBC) of Laredo Texas IBC, for example, will close 55 of its smaller branches located in grocery stores and eliminate 500 jobs. In effect, the transfers income from middle and low-income individuals to merchants, who now pay lower fees, or leads to higher unemployment.

Misery may love company. But policies that spread the misery are not the answer. The true polar star for moving forward is increasing the liberty of the American people.

Reduce the barriers to the expansion of private business. Acknowledge and reward success through private initiative. Condemn riches gained through political connections and government largess. Reduce the scale, scope and burden of government. Trust in the ability of individuals living within communities to manage their lives, pursue happiness and create a better future for themselves and their families.

Full Disclosure: I am a member of Herman Cain's team of economic advisors.

[The Dad Fisherman]

Originally Posted by RIJIMMY

Also cant believe the city of Boston is letting these guys get away with no permits, no sanitations and providing them electricity, also no tracking of donations. Those things were never offered to the tea party, but what do you expect. One repersents law abiding WORKERS, the other people who expect things to be given to them.
.

I guess you missed the News this morning....

About 100 arrested as police break up Occupy Boston protest camp

BOSTON — About 100 people were arrested early Tuesday after Occupy Boston protesters refused to leave a park in the city, police reportedly said.

The Boston Globe reported that riot police officers arrived near the Rose Fitzgerald Kennedy Greenway park at about 1:20 a.m. ET with dozens of sheriff vans and police wagons arriving minutes later.

The paper said more than 200 officers surrounded the Greenway and Police Superintendent William Evans gave the protesters two minutes to leave or be thrown in jail.

‘"The people united will never be defeated," "this is a peaceful protest," "the whole world is watching," the crowd chanted, according to the Globe.

The paper said officers went into the park about 10 minutes later with another warning given over loudspeaker. Protesters were then made to lie down, cable-tied and taken away. Tents were torn down.

Boston Police Commissioner Edward Davis told the Globe that no one sustained any injuries, although an officer was hit in the face.

The paper said many of the protesters — about 1,000 people had gathered there earlier — left the park.

It added that some in the crowd shouted at police "you don’t have to do this" and "who do you protect, who do you serve?"

Jamie Kenneally, a police spokesman, told The Washington Post that the arrests were mainly for trespassing.

"Now they've moved to another part of the Greenway and that's not acceptable," commissioner Davis told NBC-affiliate WHDH earlier.

A conservancy group had planted shrubs worth around $150,000 along the greenway and officials were worried about damage, The Washington Post reported.

John Nilles, 74, who served in Vietnam and is a member of Veterans for Peace, told the Globe that he was knocked to the ground during the arrest operation, banging his knee.

"I have absolutely no use for police anymore. I don't know what I'm going to do," he told the paper.

Occupy Boston used social media to alert supporters as officers arrived and called for more people to come.

"SWAT TEAM putting on RIOT GEAR on High St. PLEASE JOIN US NOW!," it said on its Facebook page.

Tension had been building late Monday night after Occupy Boston members expanded their footprint in downtown Boston.

"The BPD respects your right to protest peacefully. We ask for your ongoing cooperation," the Boston Police Department said in a tweet to @Occupy_Boston, but did not mention any ultimatum.

Protesters' tents have been in Dewey Square Park in downtown Boston all month, but on Monday they expanded to a larger section of the nearby Rose Fitzgerald Kennedy Greenway.

Many linked arms Monday evening in a show of solidarity on their expanded turf.

fliers handed out on site in Boston, and in a press release, the police told protesters: "if asked to leave an area, please do so peacefully."

Police said officers would arrest those knowingly in violation of the law "if necessary." They also warned protesters they would use video cameras to record any disorderly behavior.

[JohnnyD]

Poor and unemployed people with nothing better to do than camp out in a Boston park for days/weeks at a time. Even the Democrats don't care about votes from these people any more.

Also, regardless of if you agree with the movement, it is a good example of how politically selective the news is. This has been going on over at Wall Street for weeks now with some pretty substantial turnout even in the beginning. National news has only recently started reporting about it because it was growing so quickly and, I guess, they basically couldn't ignore it any longer.

Our politically charged media attempts to ignore major people, issues, events in an effort to make them insignificant. Hell, just look at the media blackout and completely twisted reports/polling with Ron Paul.

[RIJIMMY]

Originally Posted by The Dad Fisherman

I guess you missed the News this morning....

I read the news and have been following thsi closesly. That was a small group of thousands that poured out of the encampment and ended up in a new area. They were asked to leave, most did, 100 were arrested. The fact still remains that they are camping illegally, without permits to protest, without porta pottis and without having to report their donations - all with the permission of the mayor of Boston

[RIJIMMY]

you can discount this beacuse its fox news, but I've heard directly (on talk radio) interviews with the organizers and its true, no permits, etc
because of politics - the mayor is allowing ths


Occupy Boston camping out without a permit; electricity provided
Special treatment for Occupy Boston protesters?
Updated: Monday, 10 Oct 2011, 7:04 AM EDT
Published : Wednesday, 05 Oct 2011, 7:05 PM EDT


(FOX 25 / MyFoxBoston.com) - As the Occupy Boston movement gains steam with nurses and college students joining the ranks of protestors, FOX Undercover has learned that Massachusetts is rolling out the red carpet for the hundreds who are camping out.

Members of the protest group have been camping out overnight on the Rose Kennedy Greenway since last week, but the city is not requiring the group to get any permits even though that’s what is supposed to happen when groups protest in the city.

The state owns the Greenway land where the protesters are camped out, and electricity is actually being provided to the demonstrators staying there.

A city ordinance prohibits overnight camping. Boston police say the ordinance allows people to only pass through the parks between 11 p.m. and 7 a.m.

The city is also picking up trash from the Greenway everyday.

FOX Undercover reporter Mike Beaudet caught up with Boston Mayor Thomas M. Menino to ask about the friendly treatment.

“Why are they allowed to be in the city without a permit?” Beaudet asked.

“Well because freedom of expression, and I think that's the important part here,” Menino said.“Are you welcoming campers, because I have to be honest with you, Mayor, I’d love to pitch a tent in the public garden this weekend with my family,” Beaudet said.

“You don't have a cause,” Menino joked.

He added, “I'm not encouraging them, but this is a national movement. I think we have to make that decision what's wrong and what isn't wrong. And look what happened in New York. Over 700 folks were arrested. I think we have to have this conversation going back and forth between the demonstrators and the police department.”So far the protests have remained peaceful, with Boston police reporting no arrests.

The mayor's spokesperson says the city isn't cracking down on the protesters because the city doesn't want to cause problems by encouraging civil disobedience.A state spokesman tells FOX Undercover the electricity was made available because the protesters wanted to bring in a generator, which the state felt could be unsafe.

[JohnnyD]

In the last few days, cities seem to be all of a sudden cracking down on the protesters.

[The Dad Fisherman]

Originally Posted by RIJIMMY

I read the news and have been following thsi closesly. That was a small group of thousands that poured out of the encampment and ended up in a new area. They were asked to leave, most did, 100 were arrested. The fact still remains that they are camping illegally, without permits to protest, without porta pottis and without having to report their donations - all with the permission of the mayor of Boston

There in lies the problem....the Mayor of Boston....Mumbles is an idiot.

I agree with you.....if they don't have a permit it should be "See Ya".....City Taxes paying for the Electricity....the residents of Boston should put up a stink about it......unfortunately they are probably the lion's share of the protestors.

People in Boston should refuse to get any other kinds of Permits, make this the precedence that was set.

The Streets of Cambridge must be barren today....

[justplugit]

LOL, the protestors have so many complaints you almost have to
ask each one what they're protesting about.Total Chaos.

The college age kids seem most concerned about getting jobs and
at the same time knocking large companies, which are the ones
who do most of the hiring.They want to start off at the top and make $100,000
the first year and get their college loans paid for by the Govt.

Basically a city park Woodstock.

[Jim in CT]

A bigger bunch of misinformed, whiny losers you will never come across. Instead of pounding the pavement looking for jobs, they just say "gimme, gimme, gimme". These clowns want all debt eliminated - mortgages, car loans, student loans, they want it all wiped out. THAT wouldn't cause any damage, right? How come no one thought of that before?!

This is what happens when you tell kids that there's no such thing as "failure"...monkey in the middle is wrong, because no one should get stuck in the middle...everyone deserves A's...even kids who go to third rate schools with degrees in sociology, deserve jobs paying $100,000 a year. They want it all handed to them. That's the liberal ideology...everyone wants to go to heaven, but nobody wants to die..

[zimmy]

Originally Posted by Jim in CT

A bigger bunch of misinformed, whiny losers you will never come across.

well... maybe only one place

[Jim in CT]

Originally Posted by zimmy

well... maybe only one place

Zimmy, if you live in MA, CT, or RI, ask yourself this...are those states liberal or conservative? And are they faring well, or poorly? Finally, do you see any connection between the (correct) answers to those 2 questions?

[zimmy]

Originally Posted by Jim in CT

Zimmy, if you live in MA, CT, or RI, ask yourself this...are those states liberal or conservative? And are they faring well, or poorly? Finally, do you see any connection between the (correct) answers to those 2 questions?

ever hear of the correlation/causation conundrum?