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Declaration of Occupancy of New York City

I live in a small town. I read the NYTimes daily (read mostly headlines, some articles), but don't spend a lot of time on the news. I've read about the Occupy guys, seen it on TV (which I watch sparingly), but never got their original message straight from them. I found this URL, sent in on a blog comment, really interesting. Guess what? I agree with everything they say here. (This was over 2 months ago.)



Anonymous said...

If you get a chance, read Douglas Rushkoff's "Life, Inc.".

His research and analysis on how Corporations have literally assumed control of our Republic from the very beginning and even prior to the Revolution is astonishing.

Things can only change only if there is a paradigm shift in our political landscape and through a rigid application of the U.S. Constitution.

As it stands, Corporations benefit from its alliance with the Federal Government in countless ways--grants, patents, favorable legislative loopholes, no bid contracts, bailouts, etc.

When the economy is bad, they profit from tax payer assistance. When times are good, they off-shore their plants to other places thanks to NAFTA and other State-sanctioned economic policies.

However, this should never ever be mistaken as "free market capitalism". In reality, our model is Corporatism--a close ally of Fascism.

Anonymous said...


Anonymous said...

A basic premise behind the Occupy/Global Revolution Movement is to elevate the voices of the many, which is why you see all that you see in this image. However, the seed from which this whole thing grew was a fundamental complaint: our financial and economic systems are fundamentally flawed. Money is great and so is Capitalism. However, our money is rotten because it represents DEBT rather than value, and the suppliers of the money are not “we the people” but a private banking cartel. Similarly, our Capitalism is rotten because it is Crony Capitalism and perhaps the economic equivalent of Fascism. It’s very difficult to compete in a game when the other team owns the league, are the officials, and makes up the rules as they go along.

Rather than simply elevating these primary and absolutely important issues above everybody else’s everything, the Occupy movement has generously lent their umbrella to anybody who has a grievance to air. The bad news is that this has diluted the true vision that kicked off the movement, the resolution of which would probably take care of all of the other issues by consequence. The good news is that it has given greater grunt and growl to the voice of the movement, making those on the other end fulcrum stand up, take notice, and fret. Who knows how it will all shake out?

Anonymous said...

In the first audit ever “allowed” (seriously) by the Federal Reserve, a whopping $16 trillion dollars has been “loaned out” throughout the world:

The Fed Audit

Among the investigation’s key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. “No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president,”

This figure is only what was only the parts that have been permitted to be uncovered. A complete audit has never been performed (or allowed).

From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest.

That is one hell of a “loan”!

To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is “only” $14.5 trillion. The budget that is being debated so heavily in Congress and the Senate is “only” $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

$16 Trillion in Secret Bailouts

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places

Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and supercorporations like Halloween candy. If the Federal Reserve and the bankers who control it believe that they can continue to devalue the savings of Americans and continue to destroy the US economy, they will have to face the realization that their trillion dollar printing presses will eventually plunder the world economy.

Now you know why America will never, ever “recover”. The hemorrhaging of the economy can only get worse and worse.


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