Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Editorial: What's Behind The Bank Protests?
IBD Editorials ^ | October 6, 2011 | Editor

Posted on 10/06/2011 4:15:28 PM PDT by Kaslin

Socialism: The mob assaults against our banking system by unemployed leftists and their political allies are part of a larger strategy to control the commanding heights of our economy. And we'll all be much poorer for it.

The White House has thrown in with the anticapitalism crowd, and banks had better watch out. You only had to hear President Obama's cynical, politicized expressions of sympathy for the unwashed legions "occupying" Wall Street this week to be worried.

"Not only did the financial sector, with the Republican Party in Congress, fight us every step of the way," Obama said at his news conference Thursday. "But now you've got these same folks arguing we should roll back all those reforms and go back to the way it was."

But no criticism of the demonstrators.

In fact, added Treasury Secretary Tim Geithner, "We are going to push back harder," making what sounds like a fairly explicit threat against the banks.

Welcome to class warfare, 2011-style. Obama's ratings have never been lower, and administration policies leading to a dead-in-the-water economy with 9%-plus unemployment are incredibly unpopular.

So he must think his only hope for re-election is to somehow tie the GOP to fat-cat bankers on Wall Street and then convince voters that the banks are to blame for all their ills.

Sound cynical? It is. But this is what Obama and the Democrats are doing. They've even put out a video: "Republicans: On the Side of Wall Street, not Consumers."

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-20 ... 61-8081-100101-120121-133 last
To: listenhillary; Jim Robinson

Anyone in here that is trying to argue the virtues of government regulations and unions as pertaining to ‘workers rights’ should have their ass zotted in dramatic fashion.


121 posted on 10/06/2011 7:53:21 PM PDT by tatown (The only job Obama's ever created was the one he gave Larry Sinclair.)
[ Post Reply | Private Reply | To 119 | View Replies]

To: maine-iac7

The bad news for the protesters is that eventually the weather will turn bad.


122 posted on 10/06/2011 8:08:04 PM PDT by Mike Darancette (Psalm 109:8)
[ Post Reply | Private Reply | To 16 | View Replies]

To: kearnyirish2

You should contemplate *why* American workers are so expensive. And contemplate why, despite German workers being even more expensive than American workers, they are still employed.

Over-regulation has made our workers too expensive, corporate over-taxation has made America business unfriendly, lawsuit madness has made business risks too high.

All of which comes from the steaming cesspool known as Washington, D.C.

If these get fixed, we’ll see more Americans employed.


123 posted on 10/06/2011 8:21:52 PM PDT by gogogodzilla (Live free or die!)
[ Post Reply | Private Reply | To 58 | View Replies]

To: maine-iac7

So is the argument that Republicans hate working people? I wonder whether Obama and the left thinks no Republicans are working people?


124 posted on 10/06/2011 8:30:20 PM PDT by Mike Darancette (Psalm 109:8)
[ Post Reply | Private Reply | To 30 | View Replies]

To: kearnyirish2
Greed is good.

It motivates us to get out of bed in the morning and do something. Greed is the voice in your head that says, “I want that!”

And that motivates you to do what is necessary to get it. Now, greed without morals *IS* bad, for you'd then do whatever you please without regard to the consequences.

But without that little voice saying, “I want that!”... you'd not do anything.

“I want breakfast!” is greed. You don't have it... but you want it - so you get up from bed and do what's necessary to get it.
“I want a new car!” is greed.
“I want a new house!”, too.
Etc, etc, etc...

125 posted on 10/06/2011 8:31:32 PM PDT by gogogodzilla (Live free or die!)
[ Post Reply | Private Reply | To 77 | View Replies]

To: stocksthatgoup

Do you have a source for that?


126 posted on 10/06/2011 8:32:29 PM PDT by FreedomPoster (Islam delenda est)
[ Post Reply | Private Reply | To 18 | View Replies]

To: wideawake; Kaslin
I neglected to mention the late JBS camp follower W. Cleon Skousen whose book The Naked Communist was followed a few years later by The Naked Capitalist (of which I have a copy).
127 posted on 10/06/2011 8:52:55 PM PDT by Zionist Conspirator (Ki-hagoy vehamamlakhah 'asher lo'-ya`avdukh yove'du; vehagoyim charov yecheravu.)
[ Post Reply | Private Reply | To 114 | View Replies]

To: kearnyirish2; LibLieSlayer; Las Vegas Ron

Please listen to them, kearny, you are getting played by the professional puppetmasters....

“but you should compare the original demonstration with what it has morphed into”

THIS is the original demonstration... a little noticed article on the very first day. And there is LISA FITHIAN on site organizing it all.

.....

http://manhattan.ny1.com/content/top_stories/147351/social-networking-spurs-wall-street-protest

Lisa Fithian said she’s not part of any official group and that the “occupation” of Wall Street is the work of many people coming together with the same message.

“Wall Street is certainly the heart of why we’re here. It’s the corporations — the big banks in this country have been destroying this country,” said Fithian. “Overfees or high mortgages, student loans, the banks are touching every aspect of our lives.”

She added that banks and the wealthy have taken money for their own interests and their own survival.

“The people here are saying enough of that,” said Fithian.

Inspired by events around the world, she drew the analogy to Tahrir Square in Egypt and said the power of the people is leading to change.

******snip******

Just one problem, though... Lisa Fithian IS part of a professional group and TOP-TIER. Here is just one article from 6 years ago...

http://old.nationalreview.com/york/york200508290901.asp

August 29, 2005, 9:01 a.m.
Cindy Sheehan’s Radical Strategist
Have you heard of Lisa Fithian? A veteran of the Seattle WTO riots and scores of other protests, she’s been with Sheehan from the start.

A notice on Cindy Sheehan’s website, meetwithcindy.org, asks for donors who might be able to offer a camper, or an RV, or just money, for Sheehan’s upcoming cross-country tour, scheduled to begin Wednesday in Crawford, Texas, and end in Washington at the big antiwar demonstration scheduled for September 24. At the end of the note, readers with something to offer are asked to “please call organizer Lisa Fithian.”

To anyone familiar with the world of professional protesting — protests against globalism, capitalism, war, police tactics, and dozens of other causes — the presence of Fithian is a sign of how far Cindy Sheehan has strayed from the roots of her “one mom” crusade against George W. Bush. Or, perhaps more accurately, it is a sign that the “one mom” crusade was never just one mom. Fithian is a legendary organizer who operates in the world of anti-globalism anarchists, antiwar protesters, and union activists; an advocate of aggressive “direct action” demonstrations, she protested the first Gulf war, played an important role in the violent shutdown of Seattle during the 1999 World Trade Organization meeting, was a key planner in protests at the Republican and Democratic national conventions in 2000 and 2004, and organized demonstrations at trade meetings in Washington, D.C., Prague, and Genoa.

Although she has received virtually no attention from reporters covering Sheehan, Fithian has been part of the Crawford protest from the very beginning. In a telephone interview with National Review Online on Sunday, she explained that she was with Sheehan in Dallas at a meeting of the antiwar group Veterans for Peace during the first days of August when the decision was made for Sheehan to go to the president’s ranch. On August 6, when Sheehan went to Crawford — in a bus with the words “Impeachment Tour” emblazoned on the side — Fithian went along. “I came the first day and helped her [Sheehan] set up the initial encampment,” Fithian said. With the exception of one brief absence, she has been there ever since.

Switching back and forth between talking to NRO and giving out orders — “When’s your meeting? 5:15? Can you get your people together for that?” — Fithian was modest about her role in the Sheehan protest. “I vary from janitor to facilitator to action organizer,” she said. “There’s not any one person in charge.” In general, she explained, her work involves “a lot of coordination.” But Fithian’s history suggests it is unlikely she is playing a subordinate role.

In November 2003, Fithian was profiled by The New York Times Magazine as she prepared to take part in protests at the Free Trade Area of the Americas meeting in Miami. As she did with NRO, Fithian demurred when asked if she was a leader of the demonstrations — she claimed that the movement was “nonauthoritarian” and “nonhierarchical” and had no leaders at all — but the Times was not convinced. “To say that Fithian is not a leader is an admirable political idea, but it’s not entirely honest,” the paper reported.

And she was a tough-minded leader, not at all a peace-and-love type. Her specialty was action; she wanted to break in, cut through fences, and shut things down. “You don’t go to Fithian when you want to carry a placard,” the Times profile said. “You go to her when you want to make sure there are enough bolt cutters to go around.” Asked for a fuller explanation of her role in the protests, Fithian said, “When people ask me, ‘What do you do?’ I say I create crisis, because crisis is that edge where change is possible.”

That sometimes involves breaking things. In an July 2001 interview with The International Socialist Review, Fithian — who told NRO she’s been arrested “probably at least 30 times” — spoke of moving beyond the tradition of civil disobedience as practiced by Gandhi or Martin Luther King Jr.; her inspiration, she explained, was not so much those leaders as the anarchist movement in Spain in the late 19th and early 20th century. And that meant different ways of doing things. “Nonviolence is a strategy. Civil disobedience is a tactic,” Fithian said. “Direct action is a strategy. Throwing rocks is a tactic.”

*********snip*********


128 posted on 10/06/2011 10:10:10 PM PDT by Tamzee (OBAMA ---- ALL SHAM, NO WOW)
[ Post Reply | Private Reply | To 84 | View Replies]

To: listenhillary

I guess you’re right; they contributed nothing at all.

Enjoy your weekends, compliments of our unions.


129 posted on 10/07/2011 3:14:31 AM PDT by kearnyirish2
[ Post Reply | Private Reply | To 119 | View Replies]

To: gogogodzilla

German businesses are much more regulated than ours, as their government takes an active hand in protecting their citrizens’ jobs. They are still employed because their government won’t import unnecessary workers to suppress wages; it actually represents the people.

Until you are ready to accept the standard of living of an Asian peasant, you will always be deemed “expensive”.


130 posted on 10/07/2011 3:18:24 AM PDT by kearnyirish2
[ Post Reply | Private Reply | To 123 | View Replies]

To: Tamzee

I don’t know why anyone disputes the main contention of these protesters, that the American people have been screwed; we can dispute who is to blame, but America as we know it is gone. A walk by any playground will show you who is inheriting the earth, and they look more like Montezuma than the pilgrims; Americans have stopped breeding due to the financial disaster, and that will bring even more of the Bronze Horde to us. It is staring us all in the face, and yet some insist that all is well.

I assure you, it isn’t. The election of Barack Obama is proof itself.


131 posted on 10/07/2011 3:25:46 AM PDT by kearnyirish2
[ Post Reply | Private Reply | To 128 | View Replies]

To: kearnyirish2

Germany is an export driven economy that successfully competes against Asian economies... and still manages to see good pay and better work environments than our own. Secondly, they do import workers. Mainly Turks under the gastarbeiter program.

What they don’t have is excessive corporate taxation. They don’t double-tax corporate earnings made overseas. And while environmental regulations are very strict, the rest of the regulations are more business friendly.


132 posted on 10/07/2011 7:02:49 AM PDT by gogogodzilla (Live free or die!)
[ Post Reply | Private Reply | To 130 | View Replies]

To: gogogodzilla

Germany paid a lot of guest workers to leave; they don’t assimilate into the culture and aren’t granted citizenship. At this point they’re required to allow workers from other Euro countries; I doubt they import more Turks on top of that.

Many of the ethnic issues in Europe today are caused by friction with the children & grandchildren of the original guestworkers; many of the French Muslim youths are born in France. I think the European countries are more protective of their own workforce than any illegals as we have here.


133 posted on 10/07/2011 2:58:00 PM PDT by kearnyirish2
[ Post Reply | Private Reply | To 132 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 61-8081-100101-120121-133 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson