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To: chicagolady

The veterans involved were no better than the Occupy Wall Street crowd at that point. They were using the threat of force to try and extort money out of the American people through Congress.


19 posted on 01/11/2014 5:47:51 PM PST by vladimir998
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To: vladimir998

They were starving.


22 posted on 01/11/2014 5:50:05 PM PST by chicagolady (Mexican Elite say: EXPORT Poverty and Let the the Stupid AmericanTaxpayer foot the bill !)
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To: vladimir998

one HUGE difference between VETS and OWS Assholes: VETS earned the Right to call out the Government....OWS assholes hadn’t earned a fucking thing.


88 posted on 01/11/2014 7:31:55 PM PST by Howie66 (Molon Labe, Traitors!)
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To: vladimir998
The veterans involved were no better than the Occupy Wall Street crowd at that point. They were using the threat of force to try and extort money out of the American people through Congress.

I think that is a very jaundiced view. The "World War Adjusted Compensation Act" of 1924 had awarded them bonuses in the form of certificates they could not redeem until 1945. Each service certificate, issued to a qualified veteran soldier, bore a face value equal to the soldier's promised payment plus compound interest.

The law Congress passed stipulated that each veteran was to receive a dollar for each day of domestic service, up to a maximum of $500, and $1.25 for each day of overseas service, up to a maximum of $625 (2010: $7,899). Amounts of $50 or less were immediately paid. All other amounts were issued as Certificates of Service maturing in 20 years.[6]

Some 3,662,374 military service certificates were issued, with a face value of $3.638 billion (2010: $43.7 billion). Congress established a trust fund to receive 20 annual payments of $112 million that, with interest, would finance the 1945 disbursement of the $3.638 billion due the veterans. Meanwhile, veterans could borrow up to 22.5% of the certificate's face value from the fund; but in 1931, because of the Great Depression, Congress increased the maximum value of such loans to 50% of the certificate's face value.

On June 15, 1932, the House of Representatives passed the Wright Patman Bonus Bill which would have moved forward the date for World War I veterans to receive their cash bonus. The Senate voted the Wright Patman Bonus Bill down.

So they were not "extorting" money; the payments had been lawfully enacted by Congress and the accelerated payments act was passed by the House. Because of government mismanagement of the economy (particularly through the creation of the Fed) and disastrous economic decisions exacerbating the Great Depression, the vets were there to show support for passage of Wright Patman through Congress and plead their case.

That is hardly extortion.

93 posted on 01/11/2014 7:39:11 PM PST by ProtectOurFreedom
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To: vladimir998
The veterans involved were no better than the Occupy Wall Street crowd at that point. They were using the threat of force to try and extort money out of the American people through Congress.

"No better than the Occupy Wall Street crowd?"

What a hysterical exaggeration.

There have been several incidents in American history related to soldiers' compensation, going back to the Revolutionary War era. In many of these cases, the veterans' grievances had at least some legitimacy.

Not so with the OWS crowd.

122 posted on 01/11/2014 9:58:04 PM PST by sargon (I don't like the sound of these here Boncentration Bamps!)
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