chenGOD Posted October 29, 2011 Share Posted October 29, 2011 The first two points are enough. With those in place it would be logical if that would lead to better legislation of the markets. The "greed is good" thing seems inherent to the entire stock market business. It is now and has always been. And that's exactly why it needs to be regulated. Oh it definitely needs regulation no argument there - I've already said the States needs banking regulations like we have up here in Canada. The "greed is good" thing is from the 80s and it refers to the excessive greed that we see now. Obviously there has always been some greed - but before investments were seen as long term chances, and the stock market was really the place where money in search of investment met companies that needed start-up capital. The risk was in whether or not the company would succeed. The company was where the money was made. Nowadays the stock market itself is the instrument through which the money is made, and the investments are short-term and cuse these huge swings as day-traders chase bad money with good. Link to comment Share on other sites More sharing options...
Hautlle Posted October 29, 2011 Share Posted October 29, 2011 Hell yeah man, micro trades are where it's at. People aren't even involved at times anymore. It's all algorithms predicting short-term trends and making nano-second decisions that would be impossible for people to jump on. If you can make hundreds of dollars at a time, a few thousand times a day it really starts to add up. http://en.wikipedia.org/wiki/High-frequency_trading Link to comment Share on other sites More sharing options...
chenGOD Posted October 29, 2011 Share Posted October 29, 2011 Yeah exactly - that sort of thing was never what the stock market was intended to bear. Link to comment Share on other sites More sharing options...
Atop Posted October 30, 2011 Author Share Posted October 30, 2011 say it louder and longer chen, this is the direction the movement needs.....I will do the same here in dallas Link to comment Share on other sites More sharing options...
kcinsu Posted October 31, 2011 Share Posted October 31, 2011 Cops dressing like protesters in Oakland. Makes it hard to believe the OPD when they say protesters were the ones causing trouble. And this is just a couple... How many were there that haven't been revealed? Link to comment Share on other sites More sharing options...
vertsk8er419 Posted October 31, 2011 Share Posted October 31, 2011 There's no need to be represented by politicians ever again. fixd Link to comment Share on other sites More sharing options...
azatoth Posted October 31, 2011 Share Posted October 31, 2011 Cops dressing like protesters in Oakland. Makes it hard to believe the OPD when they say protesters were the ones causing trouble. And this is just a couple... How many were there that haven't been revealed? http://www.youtube.com/watch?v=VrvMzqopHH0&feature=youtube_gdata_player What happened to serve and protect? Does this only apply to the rich? Link to comment Share on other sites More sharing options...
goDel Posted October 31, 2011 Share Posted October 31, 2011 There's no need to be represented by politicians ever again. fixd "no comment" Link to comment Share on other sites More sharing options...
Atop Posted October 31, 2011 Author Share Posted October 31, 2011 CNN's news story asking if the Occupy Movement "WAS" effective or not is offensive, like many of their articles. Thanks you for telling us when an event has become history CNN. This is history in the making and not over yet. Link to comment Share on other sites More sharing options...
Guest viscosity Posted November 1, 2011 Share Posted November 1, 2011 While this may not address your particular questions, *SR4, I just watched it (therefore it's relevant, ta-derr) - and while I'm sure many OWS participants are already aware of these facts/this man, http://www.youtube.com/watch?v=cZ7LzE3u7Bw note that i did not read all 12 pages of this shabang and may have missed this very video being posted elsewhere i think i'm just going to pack my bags and move to Norway. they seem to know what they're doing Link to comment Share on other sites More sharing options...
Guest Iain C Posted November 1, 2011 Share Posted November 1, 2011 I work just a short walk from St. Paul's, so after work yesterday I took a stroll down to the Occupy LSX camp to see it with my own eyes. What really struck me was how neat, clean and well-organised it seemed. It was so quiet that you don't even know it's there until you're right on top of it. There are wide, perfectly clear pathways straight through the middle of the camp and around the perimeter, so it's not causing any kind of obstruction. You can walk right up to the steps of the cathedral on both sides with no trouble whatsoever. The police presence also seems very low-key and quite restrained - for now. But I've been on the receiving end of police anti-demo tactics before, so I'm not naive enough to believe that they won't crack out the batons as and when they decide to move the protesters on. Hopefully, it won't come to that. Link to comment Share on other sites More sharing options...
jeremymacgregor87 Posted November 1, 2011 Share Posted November 1, 2011 anyone have a link to that "you may say you're the 99%, but you're still the 1% to us" picture?... starving kids and such Link to comment Share on other sites More sharing options...
vertsk8er419 Posted November 1, 2011 Share Posted November 1, 2011 right thur Link to comment Share on other sites More sharing options...
Guest Rambo Posted November 1, 2011 Share Posted November 1, 2011 It's true but what does that make the wealthiest people in the world? They are actually 0.001% who hold all the wealth. It's sick. Link to comment Share on other sites More sharing options...
Guest theSun Posted November 1, 2011 Share Posted November 1, 2011 not too sick when you realize that's how it's always been since like, civilization Link to comment Share on other sites More sharing options...
Guest Rambo Posted November 1, 2011 Share Posted November 1, 2011 wtf that doesn't make it right does it? edit. and on top of that, it is far, far, far easier to actually do something about that now. Link to comment Share on other sites More sharing options...
Guest theSun Posted November 1, 2011 Share Posted November 1, 2011 doesn't matter if it's right that's how it is and was and will be the single thing that would stop the consolidation of power is complete transparency only now possible with current tech Link to comment Share on other sites More sharing options...
Guest Rambo Posted November 1, 2011 Share Posted November 1, 2011 doesn't matter if it's right that's how it is and was and will be the single thing that would stop the consolidation of power is complete transparency only now possible with current tech contradiction? Link to comment Share on other sites More sharing options...
Guest theSun Posted November 1, 2011 Share Posted November 1, 2011 it would if i said "the single thing that *will*...". should have said "the single thing that could stop the consolidation of power is complete transparency only now possible with current tech " Link to comment Share on other sites More sharing options...
Guest Rambo Posted November 1, 2011 Share Posted November 1, 2011 ...anyway it's still sick. I didn't follow that comment. I dont want to second guess you. Are you saying this is the way it's supposed to be? Link to comment Share on other sites More sharing options...
SR4 Posted November 1, 2011 Share Posted November 1, 2011 its a constant struggle between inequality and equality. it will never end. but you are right, the struggle should be constant and consistant...the minute you relent, you give a little more ground...it is far harder for the "99%" to acheive equality than for the "1%" to acheive inequality. Link to comment Share on other sites More sharing options...
Guest Rambo Posted November 1, 2011 Share Posted November 1, 2011 i agree and i also agree that tech is the only thing that has any potential to catalyse (if that's the right word) serious change. Link to comment Share on other sites More sharing options...
Guest theSun Posted November 1, 2011 Share Posted November 1, 2011 ...anyway it's still sick. I didn't follow that comment. I dont want to second guess you. Are you saying this is the way it's supposed to be? if you're asking me if i prefer this system of consolidated power, no i don't. i'm just making the point that human civ has operated from the top down since forever, and that just now in the past few hundred years have we considered things like relative freedom or equal representation. our society was built in such a way that it perpetuates this power system and assumes people are uninformed and sheep. also making the point that new technology increases the amount of data gathered and puts it in public (or private, but accessible) places. everything stored electronically on some sort of network can be hacked, so this truth could lead to a more transparent government (wikileaks). wikileaks would not have been anywhere near as popular or as easily distributed if they were released before the internet. an informed public is the only thing that the "1%" should fear. Link to comment Share on other sites More sharing options...
kcinsu Posted November 1, 2011 Share Posted November 1, 2011 We really are developing a global conciousness with our technology... It's beautiful and scary all at the same time. I can't wait to see what the world is like in 50 years... I really do feel like we're crossing an event horizon, a huge moment in the history of human kind. Link to comment Share on other sites More sharing options...
Guest theSun Posted November 1, 2011 Share Posted November 1, 2011 keep in mind though that it is just as easy to forge false information as grant access to information. Link to comment Share on other sites More sharing options...
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