@failures art,
Quote:You seem to object to American protests being compared to anything.
Not at all. I just object to the ridiculous comparisons.
Here's a protest of which a comparison with OWS makes more sense - and it's French!
French Fight Frankenveggies
I even think comparisons to the anti-war demonstrations of the Vietnam era while less outrageous are almost as ridiculous.
OWS doesn't need my permission to protest, but you know what? They have it!
OWSters also have my permission to make whatever ridiculous comparisons to actual revolutions help them feel more important. Of course I fully intend to laugh at them when they do, but all the more reason to give them my permission: I like a good laugh.
Whoever said white collar misdeeds should get a pass? Certainly not me.
Only three days ago the FBI arrested Rajat Gupta, former managing director of McKinsey & Company (arguably Wall Street's favorite Gran Vizier), on charges of insider trading; in connection with a Wall Street White Collar crime case in which his two buddies Raj Rajaratnam and Anil Kumar have already been convicted.
Rajaratnam was the former head of the Galleon Group, a hedge fund management group (you won't find worse Wall Street villains then hedge fund managers) and Kumar was a former partner at McKinsey.
I believe this scheme didn't amount to much more than $60 million, but it is touted by the Feds to be the largest hedge fund insider trading case in US history. Enough to pay off a lot of OWSter student loans in any case.
Surprisingly I've seen no indication at all that this case even nudged the awareness of OWS. At the very least, I would have thought we might see signs saying "We Got Gupta!" or "Way to go Feds!"
Maybe the OWsters were a bit squeamish seeing that main villains in this case were Indian or Sri Lankan.
"Don't want to seem like our class hatred has anything to do with race!" Interestingly enough the US Attorney who brought them all down was Preet Bharara a Punjab born son of a Sikh father and Hindu mother.
Less you assume this is just another case of GOP backing scalawags from Wall Street, Rajaratnam, over a 5 year period, contributed $118,000 to Democratic National Committee and the campaigns of
Barack Obama, Hillary Rodham Clinton, Charles Schumer, and Robert Menendez. (Not a Republican in sight)
Since this investigation has been going on since at least 2010, I don't think OWSters can take credit for stimulating it.
I'm quite happy these three have been brought down and I hope the Feds
keep up the good work with any other Wall Street White Collar Criminals they can find.
The New Yorker cover you posted is clever as many of them are. Of course
while I appreciate the protestors in the drawing are intended to represent Wall Streeters, the slogans on signs reading "Keep Things Precisely As They Are!" and "Change Schmange!" are fairly representative of the very legitimate conservative view point which The New Yorker considers apostasy.
You misunderstand my point about the 99% v the 1%. I'm not denying that such a rounded breakdown between the mega-rich and the rest of us (notice I don't consider myself part of the 1%) can be stated, I just reject the notion that the motley crews in city parks around the country can be considered representatives of my point of view or for the whole of the 99% That our positions may intersect at certain points (e.g. Michael Moore shouldn't get tax breaks) doesn't mean that my current disdain for this group is counter to my own interests.
I have repeatedly stated, in the past and in this forum, that I agree with number of the positions which I was able to assume OWS stood for, and that I looked forward to them attempting to actually effect change, but that anticipation, it’s now clear, was unfounded.
This movement is so incoherent that it is impossible to pin down what precisely it is all about. While some see it as the beginning of a process to tear everything down and start again, others have expressed the opinion that I am a capitalist dupe for taking them at their word.
This absurd notion that to lay out a clear set of goals and an agenda for change is playing into the hands of the 1% doesn't even rise to the lofty heights of paranoia. It's simply a case of fools making excuses for their lack of coherence, and the attempt to cloak their incoherence in New Age crap about networks and paradigm shifts is truly pathetic.
What you don't seem to understand is that one can be outraged and opposed to crony-capitalism and the criminal relationships formed between billionaires and our elected representatives without wanting to get in line with this collection of marching vagrants, slackers, radical-chic nitwits, old hippies trying to recapture their youth, new wannabes hippies who want their time in the sun, demented anarchists, and a relative handful of sincere and thoughtful people who have convinced themselves they are making a difference.
My one vote for a reform minded candidate is worth more to correcting the problems than all of the idiotic paper airplanes that these fools plan to fly at the Wall Street offices of major banks.