Things About The Meltdown You Need To Know
Readers suggested a topic on what to know when protesting. “I think we should put together a top ten list of ‘things about the economic meltdown you need to know before you get in front of a camera at a protest rally’. For instance…I think one should be – the repeal of glass-steagall. What are some others we could add?”
A reply, “We met the enemy and he is us?”
Another said, “Originators of loans should have to keep a 10% equity stake (subordinated to all other interests) of any loans they make. They should be regulated to make sure that they have sufficient capital to cover that 10% if it goes bad. Any originator that is found not to do this will be broken up, with its assets sold to the highest bidder. All executives with compensation contracts, will have to have a clause in that contract allowing a clawback of all salary and bonus abover $100K per year for any years the organization was not in compliance.”
A reply, “Ha, they can barely swallow QRM, where they have to keep 5%. And that’s only if they make loan <20% down.”
Another said, “The Gov’t focus should be not on the American people on the OUTSIDE of Goldenman$ucksInc. et.al., but on the American people “doing God’s work on the INSIDE of Goldenman$ucksInc. et.al.”
“This might be a good start: Gov’t Auditor’$ [with the a promise of a commission bonu$] should show up monthly & unannounced @ MegaCorpInc.$, escorted by Federal Marshal’s with multiple sets of hand-cuffs & (x100 quantity) bag of tie-wrap wrist straps, pillows, cots & sleeping bags, and x20 pencil sharpeners.”
“History - Broad Range of Authority: The offices of U.S. Marshals and Deputy Marshal were created by the first Congress in the Judiciary Act of 1789, the same legislation that established the Federal judicial system. The Marshals were given extensive authority to support the federal courts within their judicial districts and to carry out all lawful orders issued by judges, Congress, or the president.”
One had this, “How about NO DRUM CIRCLES? They had streaming video of the local Occupy support protest, and there were people trying to speak but you couldn’t hear them over the drum circle. I wish I was joking. I think a lot of average folks would be more likely to get behind these protests if that sort of element was discouraged from taking over. I’m a big lefty myself, but I also realize that tactics need to change from what was done in The Sixties, Man. Please, don’t make this Burning Man.”
“I swear, ‘The Man’ doesn’t need to infiltrate the movement with a Black Bloc to break windows and vandalize in order to turn people against it. They just have to send a few guys to the protest in tie dye shirts and and dreads and suddenly, anything anybody intelligent has to say is instantly irrelevant.”
“If the protesters really want to freak out the powers that be, they should go all Nation of Islam and wear dark suits and sunglasses. That would put the fear in ‘em.”
