U.S. day of rage planned for 9/17/11
RedTiger
Posts: 5,608 ✭
from
http://www.businessinsider.com/who-is-behind-the-us-day-of-rage-2011-8
link
<< <i>On September 17, we want to see 20,000 people flood into lower Manhattan, set up tents, kitchens, peaceful barricades and occupy Wall Street ... “How do we bring down the stock market?" >>
The article says the main target is one that is reviled on this forum: JP Morgan. Looks like all that violent Internet rhetoric is moving to the action phase. After the recent events in London where police had little chance against the huge angry mobs, what are the odds that this will be peaceful? What will civil unrest and the possibility of blood flowing on Wall Street for all the world to see, mean for precious metals? Similar protests are planned for ten other cities.
http://www.businessinsider.com/who-is-behind-the-us-day-of-rage-2011-8
link
<< <i>On September 17, we want to see 20,000 people flood into lower Manhattan, set up tents, kitchens, peaceful barricades and occupy Wall Street ... “How do we bring down the stock market?" >>
The article says the main target is one that is reviled on this forum: JP Morgan. Looks like all that violent Internet rhetoric is moving to the action phase. After the recent events in London where police had little chance against the huge angry mobs, what are the odds that this will be peaceful? What will civil unrest and the possibility of blood flowing on Wall Street for all the world to see, mean for precious metals? Similar protests are planned for ten other cities.
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Comments
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The organizers wouldn't dare flood Columbia University's Campus or Pennsylvania Avenue - where the other half of these same problems were created and incubated.
I knew it would happen.
<< <i>You gotta be kiddin me LMAO. Is this supposed to rival what happened in Greece or Ireland? What a joke. >>
It may turn out to be a farce, like the Day of Rage in Saudi Arabia did a few months back, during the same time protests took down the Egyptian leader Mubarak. Hopefully, it will fizzle or at least be peaceful, and it will be something like 100 paid professional protesters with picket signs and a megaphone, not 20,000 angry people looking to take out their frustrations that get ignited into a frenzy by a few anarchists who don't care about anything. We won't know if it will be a big deal or a nothing, or something in between, until the day comes. I do know the level of frustration is rising, as is the level of disconnect, as is the level of violent rhetoric on both sides of the aisle.
If it does turn out to be a big deal, it probably means more upside for precious metals, though not on the kind of news anyone roots for. A bloody riot on Wall Street, with water cannons and rubber bullets, would lead the news all over the world, and make international investors that much more wary of having assets in U.S. stocks and U.S. bonds.
Liberty: Parent of Science & Industry
Love this and I quote:
"A US Day of Rage is the title given to a day of ostensibly “non-violent” civil disobedience orchestrated by a group of radicals — that reportedly include SEIU’s Stephen Lerner and ACORN founder Wade Rathke (who, coincidentally, formerly served as president of SEIU’s local New Orleans branch) — targeting Wall Street and U.S. capitalism. It’s worth noting that the title of the movement — if its intentions are indeed non-violent in nature — appears to contradict itself slightly."
Scumbag Rathke with friends in high places!
JP Morgan will have Hillary out there shooting them herself. She'll make Janet Reno look like a creme puff.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>How about holding a Day of Rage on the steps of the U.S. Capitol Building??????
Don't you mean Whitehouse?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
A much better way to protest is to simply, as offered by DerryB, simply take your money out of the banks and institutions. You could put the buks into a credit union cd or into metal or just stick it in the sock drawer. JPM should fly a new flag over Wall Street...the one finger salute.
<< <i>If you really want to hurt Wall St., pull all of your money out of "their" banks and move it to a credit union. If only 10% of total deposits were demanded the banks would be out of business. They have loaned out more than 90% of their deposits. Take the banks down, you take Wall St. down. >>
Yogi Berra
<< <i>
<< <i>How about holding a Day of Rage on the steps of the U.S. Capitol Building??????
Don't you mean Whitehouse?
Nope. My typing skills remain adequate. Our nation is being destroyed by the idiots on the hill, at both ends of the building.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Its just the same old radicals looking for useful idiots to join them in railing against Capitalism.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
<< <i>Did ya ever notice these flash mobs and rioters never loot any book stores? LOL >>
but they do attract looters. I foresee them outlawing the flash mob thing (inciting to riot?).
Wife asked me what a flash drive was. I told her it was when drivers all converged on one place in a coordinated effort.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>Did ya ever notice these flash mobs and rioters never loot any book stores? LOL >>
but they do attract looters. I foresee them outlawing the flash mob thing (inciting to riot?).
Wife asked me what a flash drive was. I told her it was when drivers all coverged on one place in a coordinated effort. >>
Oh yea...you're absolutely right...expect state legislators to soon introduce and quickly pass laws such as greatly increasing prison sentences for intentional mob related crimes. For example, someone stealing say a TV set by themselves, the current laws would prosecute that...whereby someone stealing a TV set while with a mob, under the new laws, the penalties would increase significantly, possibly with mandatory jail time - it will happen...this BS will not be allowed to continue.
I will never complain one bit about increasing my taxes to build more prisons.
<< <i>I will never complain one bit about increasing my taxes to build more prisons. >>
Me too, if they will agree to use them.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>I will never complain one bit about increasing my taxes to build more prisons. >>
Me too, if they will agree to use them. >>
Or reopen Devils Island...I wonder if the French would sell it....
<< <i>
<< <i>
<< <i>I will never complain one bit about increasing my taxes to build more prisons. >>
Me too, if they will agree to use them. >>
Or reopen Devils Island...I wonder if the French would sell it....
We already have a Devil's Island.......it's called Manhattan!!!!
The Manhattan Island as prison idea was made into a movie, Escape from New York, made in 1981 about a Mad-Max type of future set in 1997.
I remember the pimp-mobile in that movie, a big Lincoln with a candelabra on the hood.
link
<< <i>About 300 to 400 people remained near Chase Manhattan Plaza today, down from 1,000 yesterday, for a protest dubbed “#OccupyWallStreet.” A smaller group, followed by a column of police motorcycles, marched uptown on Broadway as people beat drums, strummed guitars and held up signs reading “end corporate welfare” and “we are too big to fail.” >>
JPM can probably take down the barricades for now.
<< <i>Are you guys kidding?
JP Morgan will have Hillary out there shooting them herself. She'll make Janet Reno look like a creme puff. >>
lmao, two cream puffs going at it. thank god i didnt do breakfast
Oh wait, that was the RAVE, not the RAGE!
never mind.
Liberty: Parent of Science & Industry
Here is another perspective from a Minyanville writer
link
>>
<< <i>A bunch of people setting up base, planning on staying there for an indefinite period of time, creating an organic, evolving, visible community that others (including social media) can leverage? If nothing else, it's intriguing -- it looks like the protest equivalent of the "slow food" movement. And with the protests entering their third week, it's no surprise that those who grew up in a culture of made-for-TV demonstrations filled with sound bytes and cheap tricks aren't sure what to make of this. >>
>>
Knowledge is the enemy of fear
BTW she's back!
<< <i>What does closing down the Brooklyn Bridge have to do with the banks? This "protest" will end rather quickly once the snow flakes begin to fly. >>
But consider: these people are reacting to what the Tea Party has arisen to protest: the disemboweling of the dollar by the federal government and the banks.
Participants individually in both these movements may have personal beliefs about the merits or shortcomings of capitalism, free enterprise and the role of government. But all of these elements coalesce around disillusionment with major institutions to the point of accumulating despair.
Consider also our predictions on this Board about eventual civil unrest in response to the increasing public awareness that out governmental and financial institutions have stopped trying to solve the problem, but instead are exacerbating it for their own preservation.
I agree with the perspective that the most effective protest (and bringing the crisis to a purgative head) would be to pull our money out of the large banks. But I think it is a mistake to underestimate the meaning and future of this grimey protest in New York, because some of us disagree with the public philosophical pronoucements of some of the current participants.
Here's a warning parable for coin collectors...
"Bankers, and financial institutions in general, can only go as far as a political system lets them. We don't have a financial crisis, we have a political crisis."
The movement needs to understand this and take the battle to the politicians.
Occupy This
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
"Bankers, and financial institutions in general, can only go as far as a political system lets them. We don't have a financial crisis, we have a political crisis."
Last I heard, 15 unions had jumped into the situation (BTW, that is about the time the pepper spray and violence started)
I've run across several references that George Soros money is involved in keeping people there.
So, for me, that brings up the question of just what is the protest REALLY about? What is the objective?
<< <i>I'm not sure of how much of this protest is grassroots or how much the 'average' populace is involved....
Last I heard, 15 unions had jumped into the situation (BTW, that is about the time the pepper spray and violence started)
I've run across several references that George Soros money is involved in keeping people there.
So, for me, that brings up the question of just what is the protest REALLY about? What is the objective? >>
If you have lost you job due to the economic downturn, or your home, or both you go there and protest.I think this IS the objective. If by objective, you mean solution, I dont think there is any-------------------BigE
It doesn't matter whether the protesters are protesting the government or corporations/banks. It is still the government that ultimately has to manage and respond to it.
Some of the Tea Party may know the solutions ultimately have to be political, and some of the folks demonstrating in the days-of-rage may not. But I'll betcha the politicians know that in order to genuinely dissipate the ire of the protests, someone, somewhere will eventually have to effect solutions that are a) political and b) actually successful.
Here's a warning parable for coin collectors...
How about if I lost my job due to poor performance, and my home due to poor decision making and financial planning, can I use this protest to try to shift the blame to someone else?
Liberty: Parent of Science & Industry
The dumbing down has been quite succesful.
Harrison Bergeron
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
#OccupyWhiteHouse2012 is one intelligent response
President Goldman Sachs as a nickname for the biggest of all the big money candidates ever to run for and win the top office.
More infuriating is that some unions are using stimulus money to pay some protesters. Guess what they are protesting for? More stimulus money. WTF? It feels like 1984 when the complicit print and TV press mostly ignores these reports about money, and union police officers and their union police bosses (in Boston in particular) look the other way concerning any illegal activities at these events.
<< <i>If you have lost you job due to the economic downturn, or your home, or both you go there and protest.I think this IS the objective. If by objective, you mean solution, I dont think there is any-------------------BigE
How about if I lost my job due to poor performance, and my home due to poor decision making and financial planning, can I use this protest to try to shift the blame to someone else? >>
This is exactly what quite a few are doing. Deep down they know they allowed themselves to be put in this situation buy buying what they couldn't afford. Some are in reality are protesting their gullibility. Maybe open season on hunting average Americans by greedy Wall Street derivative gurus was overly extended by Congress? What do you think Baley ?-------------------BigE
<< <i>There will be many more and eventually violent protests demanding not less government but more. >>
.............government handouts.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The upper class vs. middle class war will eventually become a middle class vs. lower class war, and it will be done by design of the upper class. Hopefully the middle class will not have to fight a war on two fronts at the same time.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey