posted on Oct, 19 2011 @ 07:13 AM
I'd like to thank everyone for taking the time to comment and discuss. I had no idea this topic was going to get so much attention; I'm blown away,
thanks so much.
I guess there is a lot more I could say but I don't really have time to address every point. I'll touch on a very few things and maybe come back
later if I have the time. First of all. I got a lot of interesting U2Us as well as responses in this thread. I guess I should have expected people
would ask for something, be it information or "something else." But the answer is no, for reasons that should be logical to most of you. Ahd all of
you should know its not a good idea to ask for anything or give anything to complete strangers over the internet. Don't take candy from strangers. Be
that as it may, I wish everyone good luck.
I do give money to various causes...and I have given money to two different OWS groups. I like to both give money and invest money in my local area. I
encourage everyone to support their local area, in what ever way they can, rich or poor or otherwise. That's a great way to combat the virus of
"globalism" (outsourcing/offshoring) that is rotting the US industrial sector like leprosy.
An interesting thing - I got a lot of criticism from the "left" that I wasn't expecting and hadn't really thought about. My own bais is showing in
that I'm used to defending my position to skeptical conservatives; I guess as a conservative myself, interacting with the "hard left" is just a
clash of worldviews and we really aren't going to agree on a whole lot. That's a battle I'll let others fight if they want; its too vast a gulf to
be really all that interesting to me, personally. But left or right, I hope we can all -- or almost all -- agree that the financial system is corrupt
and needs a total overhaul. Mobs of angry people is as good a way as any to force the sociopaths in the finance world to take things a little more
seriously. Believe it or not, I think its got a lot of people rattled.
I'd also like to ask anyone who is not in finance but considers themselves a good businessman -- sales guys, real estate, tech, manufacturing, small
business owners -- How long are you going to put up with these D-bags on Wall Street eating your lunch? They are taxing you to hell and back, giving
themselves bonuses with it, and then turning around and convincing you to put your cash in a stock market where they can rip you off again! These guys
are picking your pockets...What happend to all the non-finance businessmen that used to be the backbone of the US economy??
What else...This thing is still taking shape and some aspects are now starting to disturb me a little...developments in the last few days, even. There
is an undercurrent of really ugly feeling now, a sense that the gloves might be coming off soon. If the movement goes violent or chaotic, I'm
probably going to have to temper my enthusiasm or even drop support. As noted in the original post, I maintain skepticism.
One person asked whether I'd support a debt reset. One of the ideas I've been playing around with is the idea of forgiving some debt PLUS giving
people who have non-negative net worths additional cash. Example: Compare a person with student debt of 100K vs. a small businessman with 200K assets.
Assuming a closed system for argument's sake, the student debt is wiped out, and the businessman also gets a gift of 100K, giving him a new net worth
of 300K. The student is back to zero, but at least he's not in debt, and can begin to perhaps build wealth rather than trying to dig out of an
endless hole and shoveling money to banking gangsters. It's not a perfect idea, I'm sure some of you smart people can find holes in it. For one, it
inflates the money supply a bit...but I would argue that it couldn't possibly be worse than the insane credit creation the Fed is engaged in today.
Think on it...
Thanks again for reading, and please keep on discussing...