News Occupy Wall Street protest in New-York

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The Occupy Wall Street protests in New York have entered their second week, with approximately 5,000 participants initially gathering on September 17. Protesters are voicing their discontent over issues such as bank bailouts, the mortgage crisis, and the execution of Troy Davis, leading to 80 arrests reported by the New York Times. While some view the movement as disorganized, others argue that it highlights significant economic disparities and calls for reforms like reinstating the Glass-Steagall Act. The protests are seen as a response to rising poverty and unemployment rates in the U.S., with many participants expressing frustration over the current economic situation. The ongoing demonstrations reflect a broader sentiment of dissatisfaction with the financial system and government accountability.
  • #551
Unions may have a bad image now but hasn't the organized unification of underclass workers been the most effective countermeasure to the self-interest of the wealthy? Perhaps the domestic unions' influence has been circumvented by the global market and cheap overseas workers, but it seems eventually there will need to emerge a more globalized union of workers that can overcome the limitations of people simply appealing to national governments for help.

It would be interesting if the protests could constructively lead to this but what will likely happen is the underclass remaining fractured and played against each other (libs vs. cons, American worker vs. Chinese worker, TP vs. OWS, etc.) and only the elitist group will continue to profit from that division.
 
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  • #552
chiro said:
If these people really (and I mean really) want to protest against the system, then the first thing they should do is to stop supporting it in any way that they can and live their lives by their deeds.

The first thing they should do is get out of debt. The debt is the one thing that is screwing themselves and their country. If they want to lead by example they need to get out of debt, and stay out of debt.

The truth is that debt is one of the greatest control mechanisms that exist today and the scariest thing about it is that it is a "willful" form of enslavement. You consciously sign the dotted line and have made an agreement that is legally binding. Tyrants used to just march their armies into the territories to capture the enemies, but now all they have to do is get the opponent to sign a contract that with a good enough sized debt, will enslave them in a way that no forceful army could.

So if there are protestors reading and you want to do something about the system, get out of debt and encourage your friends and family to do the same.

There are too many disincentives to saving: an interest rate of way less than 1%--way below inflation--and, on top of that, you are taxed on your interest earnings. And then, if you have a Roth IRA, there are , too, penalties for removing money. So, what does one do in order to save, put money under the mattress?
 
  • #553
mheslep said:
NY Magazine asked the OWS crowd some economics/current affairs questions.

Q: What does the government spend more on? Health care and pensions, education, or the military?
A: 94% say the military.
http://nymag.com/daily/intel/2011/10/occupy_wall_street_quiz.html
http://www.cbo.gov/ftpdocs/120xx/doc12039/HistoricalTables%5B1%5D.pdf

So, what's your point? Is it impossible to be well-informed about what's going on without knowing that the military is not #1 in expenses? The point remains that a chunk that's way-too-large by many reasonable measures is spent on the military. Now, show me a list of 20 common-knowledge questions were a large chunk of the protesters are significantly off, and you have a valid point (if I understand the point you're trying to make).
 
  • #554
Bacle2 said:
So, what's your point? Is it impossible to be well-informed about what's going on without knowing that the military is not #1 in expenses? The point remains that a chunk that's way-too-large by many reasonable measures is spent on the military. Now, show me a list of 20 common-knowledge questions were a large chunk of the protesters are significantly off, and you have a valid point (if I understand the point you're trying to make).
They were significantly off on the NY Mag questions. When a common (most?) demand seems to be free college, healthcare, etc, then yes knowing where most of the spending goes already is required in my view to be considered well informed.
 
  • #555
Sorry, mhslep, I jumped the gun and did not read carefully. Still, do you have good reason to believe the poll is fair; random rep. sample of both the protesters and of relevant questions?

I grant you your point, but I think it is still there are the technical issues of representability and selection of protesters.
 
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  • #556
DoggerDan said:
Seriously, though - why do people spin the issues to these extremes? Come on, folks! You can do better.

Oh, I forgot, corporations pay people to lobby politicians to pay more tax, right. :wink:
 
  • #557
LaurieAG said:
Oh, I forgot, corporations pay people to lobby politicians to pay more tax, right. :wink:

:bugeye:

They do!?

:wink:

I ran across this article yesterday via my Philanthropy Today feed:

http://cityroom.blogs.nytimes.com/2011/10/17/he-made-it-on-wall-st-and-used-it-to-help-start-the-protests/"
October 17, 2011, 2:05 pm

Robert S. Halper, a retired Wall Street trader, spends time each day in Zuccotti Park talking to protesters about politics and their thoughts on reforming the banking system.

But Mr. Halper, a 52-year-old Brooklyn native, never reveals two facts about himself: he is a former vice chairman of the New York Mercantile Exchange and the largest single donor to the nonprofit magazine that ignited the Occupy Wall Street movement.

...

He readily admits to being a member of the so-called One Percent — the top slice of American earners, who have been vilified by the protesters. “The fact that I made a lot of money, things just worked out for me,” he said. “There’s some issues where we’re all in it together.”

Mr. Halper said his conversations with protesters had made him think a lot about what should be done. “If there’s pain, it should be shared,” he said. “The people who have money — they should pay something more, whether that’s in taxes or somewhere else.”


Is there anyone left who hasn't weighed in on the protests:

http://www.huffingtonpost.com/2011/10/20/world-bank-head-robert-zo_n_1021506.html"
...
He said there remains in the world a feeling "that the U.S. is a special place," but financial and political problems are causing people in developing nations to ask, "Will the U.S. get its act together?"

"It's not only important for the U.S. – it's important for the rest of the world," Zoellick said.
...

I hope he doesn't mean 'short bus' special. :-p
 
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  • #559
WhoWee:

A month of protests by thousands of people throughout the country without any confirmed incident, and you choose to post an allegation? Doesn't make you seem very impartial in my book. It makes it seem like your digging for dirt.
 
  • #560
Bacle2 said:
WhoWee:

A month of protests by thousands of people throughout the country without any confirmed incident, and you choose to post an allegation? Doesn't make you seem very impartial in my book. It makes it seem like your digging for dirt.

I'll ask the question again - there hasn't been much news coverage of the alleged rape - by an Occupier in Cleveland - has there?

A month? The Occupy Cleveland event started on October 6 - the alleged rape happened 9 days later. About 65 people are participating.

http://www.cleveland.com/business/index.ssf/2011/10/occupy_cleveland_intends_to_br.html

"The Cleveland group began its protest Oct. 6 at Willard Park, near City Hall. It moved to Public Square a few days later."

Where is the outrage over this violent act?
 
  • #561
So let's see... One admittedly bad person allegedly rapes someone at Occupy Cleveland --> Why are people not outraged at all of Occupy Cleveland!?
 
  • #562
Char. Limit said:
So let's see... One admittedly bad person allegedly rapes someone at Occupy Cleveland --> Why are people not outraged at all of Occupy Cleveland!?

Lol. Indeed, we should be outraged at all those in the 99% :-p.
 
  • #563
Char. Limit said:
So let's see... One admittedly bad person allegedly rapes someone at Occupy Cleveland --> Why are people not outraged at all of Occupy Cleveland!?

Why bold the word "allegedly" are we going to start blaming victims of violent crime?
 
  • #564
WhoWee said:
Why bold the word "allegedly" are we going to start blaming victims of violent crime?

Because unlike some people, I refuse to convict people in the court of public opinion before they're convicted in a court case. Not all alleged rapes are rapes, you know. As evidence, I believe I need only bring up the Duke Lacrosse case, although I'm sure with a little work you or I could find more.
 
  • #565
Char. Limit said:
Because unlike some people, I refuse to convict people in the court of public opinion before they're convicted in a court case. Not all alleged rapes are rapes, you know. As evidence, I believe I need only bring up the Duke Lacrosse case, although I'm sure with a little work you or I could find more.

I'm angry at this because it's dropped into my backyard. The Cleveland group (IMO) is not winning the hearts and minds of the greater community. By comparison - my front yard protest group (in Pittsburgh) has been much more disciplined.

http://www.cleveland.com/business/index.ssf/2011/10/occupy_cleveland_intends_to_br.html
"Organizers of Occupy Cleveland say they will remain encamped on Public Square until at least the end of year, with or without permission.
Their permits to be there expire beginning at midnight Friday, and it is unclear whether the city will renew them.
What is clear is that the Downtown Cleveland Alliance already has permission to begin setting up holiday displays. Demonstrators would be in the way.
Any resistance would set the stage for a confrontation with the city, which has kept a mostly cooperative relationship with the group.
"There are pretty much two choices: Go home or participate in civil disobedience, " Erin McCardle, an Occupy Cleveland facilitator, said Wednesday. "I think it is pretty obvious. We are not going home.""
 
  • #566
Need I mention that if an "Alleged" Rape ever occurred at a tea party event it would be mentioned every time the tea party was mentioned for at least a year.

I think whowee was more interested in the media not even acknowleging the event then in saying all OWS are rapists.
 
  • #567
  • #568
OK, I knew Biden was a consistent foot-in-mouth kind of guy, but I agree this is pure demagoguery.
 
  • #569
WhoWee said:
I think Biden is serious about law enforcement - but I don't think he's helping his cause.

http://www.huffingtonpost.com/2011/10/19/joe-biden-rape-murder-jobs-bill_n_1020706.html

"Vice President Joe Biden doubled down Wednesday on his charge that rape and murder will rise if Congress fails to pass the American Jobs Act."

it's some serious fearmongering. one would want to be very careful when looking at what might be in his proposed bill.

in related news, Naomi Wolf is arrested at OWS, and it appears that Homeland Security has something to do with it.

http://www.guardian.co.uk/commentisfree/cifamerica/2011/oct/19/naomi-wolf-arrest-occupy-wall-street
 
  • #570
Bacle2 said:
There are too many disincentives to saving: an interest rate of way less than 1%--way below inflation--and, on top of that, you are taxed on your interest earnings. And then, if you have a Roth IRA, there are , too, penalties for removing money. So, what does one do in order to save, put money under the mattress?

Absolutely spot on. The things you have pointed out, show one of the biggest flaws with this centrally controlled system: it rewards speculators but punishes savers. I don't know if the OWS movement are focusing even a little on this, but some people in the financial community (journalists, investors, etc) are.
 
  • #571
Bacle2 said:
There are too many disincentives to saving: an interest rate of way less than 1%--way below inflation--and, on top of that, you are taxed on your interest earnings. And then, if you have a Roth IRA, there are , too, penalties for removing money. So, what does one do in order to save, put money under the mattress?

chiro said:
Absolutely spot on. The things you have pointed out, show one of the biggest flaws with this centrally controlled system: it rewards speculators but punishes savers.

Don't be so quick to call that a flaw. Stuffing your money in the mattress does not help the economy.

(Saving money is the monetary analogue of your body going into starvation mode and storing fat, to protect against the next drought. Yet everyone knows how unhealthy that is. Proper eating and exercise, resulting in a throughput of calories is the healthy way to live.)

What helps the economy is circulating your money.

If they can provide a way where people want to keep their money in circulation then it's a win all around.
 
  • #572
DaveC: don't you think the disincentives towards saving are too extreme, though? Wouldn't it be nice to be able to have some cushion to fall back on?
 
  • #573
DaveC426913 said:
Don't be so quick to call that a flaw. Stuffing your money in the mattress does not help the economy.

(Saving money is the monetary analogue of your body going into starvation mode and storing fat, to protect against the next drought. Yet everyone knows how unhealthy that is. Proper eating and exercise, resulting in a throughput of calories is the healthy way to live.)

You got to be kidding me. Starvation? Are you serious?

You think everybody is better drowning in debt? What message do you think it sends to people if they are encouraged not to save? You think something might happen if no-one is saving anything?

Seriously I don't know whether to laugh or to shake my head. In fact why don't you live by your own advice. Go get half a dozen credit cards and max them out. Take out a few mortgages and when you are interviewed by the bank manager tell them your story about saving with your analog of the human body.

Unbelievable.

What helps the economy is circulating your money.

If they can provide a way where people want to keep their money in circulation then it's a win all around.

That helps the banks sure, but it doesn't always help John Q public. Money is a form of debt, and the winner in the end is always the owner of that debt. If you think flooding the world with cash helps everyone in the economy, maybe you should people out there in the real world what is happening to their small businesses, their jobs, and their lives, because your US central bank has pumped trillions of dollars that are "circulating" around.

The thing that really helps all the small and large businesses which employ most of the workforce is capital. This capital helps provide some measure of wealth to employees where they can exchange it for other things.

When a business has real capital, they can do what they are supposed to, like run a business. Currently the credit system now is based on a fractional reserve system with interest bearing debt, but it is not the only means that can be used to do capital injections.
 
  • #574
chiro said:
You got to be kidding me. Starvation? Are you serious?

You think everybody is better drowning in debt? What message do you think it sends to people if they are encouraged not to save? You think something might happen if no-one is saving anything?

You started talking about debt. That has nothing whatsoever to do with anything I said. A smoothly flowing economy does not equate with debt, as you hope to imply with this straw man.

And don't put words in my mouth.

chiro said:
Seriously I don't know whether to laugh or to shake my head. In fact why don't you live by your own advice. Go get half a dozen credit cards and max them out. Take out a few mortgages and when you are interviewed by the bank manager tell them your story about saving with your analog of the human body.

Unbelievable.

This kind of theatrical outrage won't fly here, chiro. What flies is critical thinking. That starts with not creating straw man arguments and not putting words in other people's mouths.
chiro said:
That helps the banks sure, but it doesn't always help John Q public. Money is a form of debt, and the winner in the end is always the owner of that debt. If you think flooding the world with cash helps everyone in the economy, maybe you should people out there in the real world what is happening to their small businesses, their jobs, and their lives, because your US central bank has pumped trillions of dollars that are "circulating" around.

The thing that really helps all the small and large businesses which employ most of the workforce is capital. This capital helps provide some measure of wealth to employees where they can exchange it for other things.

When a business has real capital, they can do what they are supposed to, like run a business. Currently the credit system now is based on a fractional reserve system with interest bearing debt, but it is not the only means that can be used to do capital injections.
All a straw man. I said none of those things, nor are they implied by what I said. Listen to what I said not what you want to hear.

When people start stuffing money in their mattresses, it slows the economy, which means all those small businesses you speak of don't make money, which means they start stuffing their money in their mattresses, and the problem snowballs.

Contrarily, what works for everyone, and for the economy as a whole, is when people feel free to spend within their means (i.e. not necessarily any debt).I am not suggesting everybody must spend everything they have or that any of this is inevitable. What I said (and you can reread post 571 it f it will help) was that encouraging a flowing economy over a save-for-later attitude is not necessarily a bad thing and not necessarily a flaw in the system.
 
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  • #576
ThomasT said:
Thanks for the link. Disturbing, but predictable.

I wonder how many celebrities would be interested in personally funding businesses with the intent of hiring union workers - teachers, construction workers, auto workers, maintenence, and even office staff?
 
  • #577
Cenk Uygur picks a fight

http://www.wolf-pac.com/

Declaration of Independence

Our politicians are bought. Everyone knows it. Conservatives know it. Liberals know it. The Democrats are bought. The Republicans are bought. They don’t represent us. They represent their corporate donors who fund their campaigns and promise them well paying jobs after they leave office. We have taxation without representation. Our democracy is in serious trouble.

So what can we do to regain our ability to make our votes count and take back our democracy? We have to concentrate all of our resources into one single attack – making sure we take corporate money out of politics. The only way to do that is to bypass the corporate owned Congress and the Supreme Court – and pass a Constitutional amendment. We must pass an amendment saying that corporations are not people and they do not have the right to spend money to buy our politicians.

The objective of Wolf PAC will be to raise money and raise an army for the sole purpose of passing this amendment. We need a Constitutional revolution to get unlimited corporate money out of politics. Please join us and help retake our democracy.

https://www.youtube.com/watch?v=ykLB0d4KNAc
 
  • #578
Proton Soup said:
Cenk Uygur picks a fight

http://www.wolf-pac.com/



https://www.youtube.com/watch?v=ykLB0d4KNAc

Fine with me with 2 conditions.

Unions have the same rules as corps.

Unions can not have manditory dues and membership
 
  • #579
Seriously, Oltz? Should employees in a corporation get to elect their CEOs?

Maybe then you would like every corp. to be a cooperative?

Can a corp's employees work for the corp without being bound by the inlaws ( the equivalent of non-membership )?

Corporations and unions are too-different as organizations, with different

goals and different structuring for a reasonable comparison between them.
 
  • #580
WhoWee said:
I wonder how many celebrities would be interested in personally funding businesses with the intent of hiring union workers - teachers, construction workers, auto workers, maintenence, and even office staff?

How does this have anything to do with either Occupy Wall Street or Naomi Wolf's arrest?
 
  • #581
Oltz said:
Fine with me with 2 conditions.

Unions have the same rules as corps.

Unions can not have manditory dues and membership

Bacle2 said:
Seriously, Oltz? Should employees in a corporation get to elect their CEOs?

Maybe then you would like every corp. to be a cooperative?

Can a corp's employees work for the corp without being bound by the inlaws ( the equivalent of non-membership )?

Corporations and unions are too-different as organizations, with different

goals and different structuring for a reasonable comparison between them.

I don't see what's wrong with his two conditions. Unions SHOULDN'T have mandatory membership regardless of other rules imposed on them (or other corporations). And why would you want Unions being able to contribute to politicians if corporations can't? That seems even more skewed than it is now!

Remember, you can elect to work for a different corporation, but you can't choose to be a member of a different Union.
 
  • #582
I never said I thought unions should be able to contribute to politicians. Still, unions elect their reps. Should workers get to elect their CEOs? Should outsiders get to influence the union's decisions (comparing with shareholders in a public company)? I use these examples to support my statement that I just think that unions and corps. are inherently too different from each other in too many ways for a broad statement like " they should follow the same rules" to be meaningful.
 
  • #583
Bacle2 said:
I never said I thought unions should be able to contribute to politicians. Still, unions elect their reps. Should workers get to elect their CEOs? Should outsiders get to influence the union's decisions (comparing with shareholders in a public company)? I use these examples to support my statement that I just think that unions and corps. are inherently too different from each other in too many ways for a broad statement like " they should follow the same rules" to be meaningful.
The board of the corporation elects the CEO.

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization.

In a stock corporation, the board is elected by the stockholders and is the highest authority in the management of the corporation.
The shareholders voting would be similar to union members, except shareholders aren't pawns. (IMO to pawns)

http://en.wikipedia.org/wiki/Board_of_directors

Every corporation I have worked for has given me shares of stock, making me a shareholder.
 
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  • #584
Bacle2 said:
I never said I thought unions should be able to contribute to politicians. Still, unions elect their reps. Should workers get to elect their CEOs?
If it is an employee-owned company, yes, at least indirectly through the board members elected by the employees. If the company is publicly owned, sometimes. Some unions invest in the companies with which the union is associated.

Should outsiders get to influence the union's decisions (comparing with shareholders in a public company)?
Shareholders are not outsiders.

I use these examples to support my statement that I just think that unions and corps. are inherently too different from each other in too many ways for a broad statement like " they should follow the same rules" to be meaningful.
The justification is very simple: Unions aren't people any more than are corporations.
 
  • #585
Char. Limit said:
How does this have anything to do with either Occupy Wall Street or Naomi Wolf's arrest?

Isn't she a celebrity?
 
  • #586
D H said:
If it is an employee-owned company, yes, at least indirectly through the board members elected by the employees. If the company is publicly owned, sometimes. Some unions invest in the companies with which the union is associated.


Shareholders are not outsiders.

But , shareholders will, at worse, see the value of their stock go down. If these shareholdres are sensible, they will have diversified their portfolio, and will not be terminally-affected. Beside, I assume most shareholders have some discretionary income that they use to invest. A worker will lose their job, in the present system their health insurance, and are not as likely as shareholders to have discretionary income to help them through their time of unemployment other than short-lived (and many want to make it even shorter, or fully eliminate it) unemployment . I think the impact on the outcome of the company does not for the most part compare. Still, conversely, if one should have the choice of opting out of union memebership (which I agree with), should employees be able to opt-in the decisions of the company (yes, as you said, they sometimes do? Should all corps. then be employee-owned )? Is there an equivalent for board members or otherwise to opt out?

The justification is very simple: Unions aren't people any more than are corporations.
 
  • #587
WhoWee said:
Isn't she a celebrity?

This reminds me of all the celebrities; both from the left and from the right who were very public supporters of the FDNY and NYPD after 9/11. Their support did not extend to help them in their attempt to get higher wages, nor does it extend now to helping them get some monetary support for their health problems that resulted from working on ground zero.
 
  • #588
Evo said:
The board of the corporation elects the CEO.

The shareholders voting would be similar to union members, except shareholders aren't pawns. (IMO to pawns)

http://en.wikipedia.org/wiki/Board_of_directors

Every corporation I have worked for has given me shares of stock, making me a shareholder.

How do you mean pawns?

Still, _everyone_ in the union gets to vote; everyone who is impacted by the decisions of the union gets a vote (notwithsantding the corruption and cheating that takes place). In a corp., only board members have a say, and the workers, for the most part, have little say on major decisions like cutting down, etc., nor can they punish someone who took a certain decision with their vote or otherwise.

So the similarities between unions and corporations only go so far. Employee-owned companies are, I believe, a very small chunk of the total.
 
  • #589
Bacle2 said:
How do you mean pawns?

Still, _everyone_ in the union gets to vote; everyone who is impacted by the decisions of the union gets a vote (notwithsantding the corruption and cheating that takes place). In a corp., only board members have a say, and the workers, for the most part, have little say on major decisions like cutting down, etc., nor can they punish someone who took a certain decision with their vote or otherwise.

So the similarities between unions and corporations only go so far. Employee-owned companies are, I believe, a very small chunk of the total.
A union is an organization that supposedly protects employees, with members that pay dues to belong (either willingly or forced). I have no idea why you are trying to make a comparison between a union and a regular corporation, and now you're throwing in other business types. It seems that your knowledge level of how these things work would require too much effort to bring you up to speed. This is not meant as an insult, just that perhaps you should do some research on business and then come back after you gain at least a basic understanding.

Or perhaps I'm not getting why you are arguing "union officials are elected" vs "corporate officials are elected". You say that the two are different, yes, see above. An employee is not a paying member of the place where they are employed, so no, they do not directly get to vote for the people that employ them.
 
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  • #590
Bacle2 said:
But , shareholders will, at worse, see the value of their stock go down. If these shareholdres are sensible, they will have diversified their portfolio, and will not be terminally-affected. Beside, I assume most shareholders have some discretionary income that they use to invest. A worker will lose their job, in the present system their health insurance, and are not as likely as shareholders to have discretionary income to help them through their time of unemployment other than short-lived (and many want to make it even shorter, or fully eliminate it) unemployment . I think the impact on the outcome of the company does not for the most part compare. Still, conversely, if one should have the choice of opting out of union memebership (which I agree with), should employees be able to opt-in the decisions of the company (yes, as you said, they sometimes do? Should all corps. then be employee-owned )? Is there an equivalent for board members or otherwise to opt out?

Does anyone recall the unions indicating they wanted to keep their (newly acquired) GM stock?
 
  • #591
Bacle2 said:
I never said I thought unions should be able to contribute to politicians. Still, unions elect their reps. Should workers get to elect their CEOs? Should outsiders get to influence the union's decisions (comparing with shareholders in a public company)? I use these examples to support my statement that I just think that unions and corps. are inherently too different from each other in too many ways for a broad statement like " they should follow the same rules" to be meaningful.

HAHA NO NO NO the Same rules with regards to campaign financing.

Lets be honest the only reason corps are treated as people are to balance out the Unions supporting the opposite side.

Either they both can or neither can donate to a specific party or canidate or support a pet issue/project/referendum.
I ment same rules for political donations not same rules internally.

Sorry to have left grey area I thought we all saw that the issue was wanting to end corprate influence on elections.
 
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  • #592
Evo said:
A union is an organization that supposedly protects employees, with members that pay dues to belong (either willingly or forced). I have no idea why you are trying to make a comparison between a union and a regular corporation, and now you're throwing in other business types. It seems that your knowledge level of how these things work would require too much effort to bring you up to speed. This is not meant as an insult, just that perhaps you should do some research on business and then come back after you gain at least a basic understanding.

Or perhaps I'm not getting why you are arguing "union officials are elected" vs "corporate officials are elected". You say that the two are different, yes, see above. An employee is not a paying member of the place where they are employed, so no, they do not directly get to vote for the people that employ them.

Maybe you should read my post more carefully. I was disagreeing on (what I thought was )Oltz' assumption that the two were comparable, based on his claim that they should be treated equally. I argued that they are different-enough to not be comparable.
 
  • #593
Oltz said:
HAHA NO NO NO the Same rules with regards to campaign financing.

Lets be honest the only reason corps are treated as people are to balance out the Unions supporting the opposite side.

Either they both can or neither can donate to a specific party or canidate or support a pet issue/project/referendum.
I ment same rules for political donations not same rules internally.

Sorry to have left grey area I thought we all saw that the issue was wanting to end corprate influence on elections.

Sorry, I misunderstood/ misunderestimated you. Overall, I think unions are a necessary part of a system of checks and balances, so that each side can keep the other in check.

Still: what do you think about restrictions ( de facto, or legal) against unionizing?
 
  • #594
Oltz said:
Lets be honest the only reason corps are treated as people are to balance out the Unions supporting the opposite side.
To be honest (and yes, let's be honest), you have the relation exactly backwards. Corporations have had some rights as persons for a much longer time than have unions. Unions were belatedly and begrudgingly given these rights to balance out those given to corporations one hundred years or so before than the unionization movement of the late 19th / early 20th century. Unions were not granted the full rights of corporations until well into the 20th century.

Should corporations and unions have some rights of personhood? In an nutshell, yes. That organizations larger than a person can make a contract (and be held liable for violating the contract) was a key innovation. In some countries corporations can't form contracts; contracts are always person-to-person. That the USA granted corporations such rights very early on in the history of the country was, after the fact, one of the key features that vaulted the US in front of its European predecessors.
 
  • #595
D H said:
To be honest (and yes, let's be honest), you have the relation exactly backwards. Corporations have had some rights as persons for a much longer time than have unions. Unions were belatedly and begrudgingly given these rights to balance out those given to corporations one hundred years or so before than the unionization movement of the late 19th / early 20th century. Unions were not granted the full rights of corporations until well into the 20th century.

Should corporations and unions have some rights of personhood? In an nutshell, yes. That organizations larger than a person can make a contract (and be held liable for violating the contract) was a key innovation. In some countries corporations can't form contracts; contracts are always person-to-person. That the USA granted corporations such rights very early on in the history of the country was, after the fact, one of the key features that vaulted the US in front of its European predecessors.

Given your logic - why do we have unions for Government workers? Isn't the Government required to follow the labor laws?
 
  • #596
D H said:
To be honest (and yes, let's be honest), you have the relation exactly backwards. Corporations have had some rights as persons for a much longer time than have unions.

And indeed, corporations were around for centuries before unions.
 
  • #597
DaveC426913 said:
You started talking about debt. That has nothing whatsoever to do with anything I said. A smoothly flowing economy does not equate with debt, as you hope to imply with this straw man.

And don't put words in my mouth.

This is what you said:

(Saving money is the monetary analogue of your body going into starvation mode and storing fat, to protect against the next drought. Yet everyone knows how unhealthy that is. Proper eating and exercise, resulting in a throughput of calories is the healthy way to live.)

You talked about starvation in your paragraph. I made a reference to that. You said this, I didn't conjure it out of thin air.

I didn't say that you said anything else.

Getting back to the debt argument, what do you think money is, and how is it created? When credit is created from a bank it is a form of debt. Circulating the debt around banks does not change that fact.

Economic activities including businesses involved in production (like manufacturing) or services require resources, and resource allocation is largely controlled by access to credit, and in the current system credit is tied to debt. Swapping notes between groups doesn't erase this one bit.

This kind of theatrical outrage won't fly here, chiro. What flies is critical thinking. That starts with not creating straw man arguments and not putting words in other people's mouths.

You want critical thinking? Why don't you re-read this entire thread showing a number of people outlining arguments for why debt is a bad thing. All you are doing is using the straw-man card.

You are encouraging debt, and I am posting the behavior of what is happening with the US government. Your government is doing this exact thing: funding debt with debt, and look at what is happening.

All a straw man. I said none of those things, nor are they implied by what I said. Listen to what I said not what you want to hear.

When people start stuffing money in their mattresses, it slows the economy, which means all those small businesses you speak of don't make money, which means they start stuffing their money in their mattresses, and the problem snowballs.

Contrarily, what works for everyone, and for the economy as a whole, is when people feel free to spend within their means (i.e. not necessarily any debt).

If you read what I said, the most important thing is capital. Capital can come in many forms, but the current form that it comes in nowadays is in credit based on money.

The current credit system is one based on perpetual debt, but it doesn't have to be this way. The US has not always had this form of credit. Back in the day the government actually created money and did not rely on a central bank in the way that they do today.

The form of capital in these circumstances was different to what is being used today.

I am not suggesting everybody must spend everything they have or that any of this is inevitable. What I said (and you can reread post 571 it f it will help) was that encouraging a flowing economy over a save-for-later attitude is not necessarily a bad thing and not necessarily a flaw in the system.

I know what you said: I reposted the exact quote in this post.

So let me ask you a question: if you think the save-for-later system is not a good system, how you define the amount of acceptable debt? Where does it end?

If you want to respond to the actual argument, feel free.
 
  • #598
chiro said:
You talked about starvation in your paragraph. I made a reference to that. You said this, I didn't conjure it out of thin air.
Show me exactly where I said anything about debt. You made that jump - yes, out of thin air. It's a straw man. And totally missing the point.You're stuck on the word starvation. Starvation is bad. Agreed? We both agree on that.

Let me walk you through the analogy again.

People who save money by stuffing it under their mattress are analogous to the body stuffing calories into fat cells. The body does this is a runaway fear of some future starvation. Stuffing money in a mattress is also a fear of poverty. Granted, it may be necessary, but that's doesn't make it a desirable or stable plan.

Lethargy in the metabolism is as bad as lethargy in the economy.

A healthy body takes in calories through healthy food and outputs them as healthy exercise. This is analogous to a healthy economy, where cash flows, every one gets to spend - wisely - and no one gets economically lethargic or economically starves. Anjd absolutely no mention of debt.

See it now?

chiro said:
You want critical thinking? Why don't you re-read this entire thread showing a number of people outlining arguments for why debt is a bad thing.

I agree debt is a bad thing. And once again, I never suggested it wasn't. I never said anything about debt. You insinuated that into your response as if I did.

chiro said:
All you are doing is using the straw-man card.
I don't think you know what a straw man is.
chiro said:
You are encouraging debt,
Again, do not put words in my mouth or ascribe to me things I am not doing.
chiro said:
So let me ask you a question: if you think the save-for-later system is not a good system,
I did not say it was not a good system. I simply said that the encouragment of healthy economic throughput over saving money in your mattress does not constitute a flaw in the system.

chiro said:
how you define the amount of acceptable debt? Where does it end?
I never suggested anything about debt. I don't suggest any amount of debt is acceptable.

Debt is your drum to beat, and has nothing to do with my post that you so theatrically objected to.

Again, stop trying to ascribe things to me I never said or suggested. You're beating a straw man to death while I stand next to it saying 'uh, hello? I'm over heeeere...'
 
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  • #599
DaveC426913 said:
I agree debt is a bad thing. And once again, I never suggested it wasn't. I never said anything about debt. You insinuated that into your response as if I did.

I have to apologize to you, as your are correct about the insinuation of debt remark.

Just realize that some people in this thread have been advocating or at the very least not seeing a problem with debt, and quite frankly I thought that you were advocating the same argument.
 
  • #600
WhoWee said:
Given your logic - why do we have unions for Government workers? Isn't the Government required to follow the labor laws?

Public worker unions are there because the greedy government makes too much money, and someone needs to catch it!

Then, the government needs to raise taxes because its workers are making more than before. But, if the government raises taxes, shouldn't its workers be paid more too? Then, the government needs to raise taxes because its workers are making more than before... oh...

Seriously though - public worker unions are a taxpayers worse nightmare. I understand the balance that unions provide against corporations, but I don't understand the balance against government. I feel like there's more crony-capitalism because of unions than anything else.
 

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