Wall Street

Bill O’Reilly Attacks OWS with Contempt

Bill O’Reilly makes no secret about his disdain for OWS protesters. So, it’s not surprising that he continues to attack them with contempt. He seems to forget that OWS protesters have the right to protest–just like he had the right to protest in a TV studio, some years ago.

In his recent article on Townhall.com, titled, “Memo to the Occupiers,” Mr. O’Reilly continues his subtle but vicious attack on the movement, referring to protesters as “you protest people,” and “hypocrites.” He even interject Cuba in his argument, as if to say if protesters did not like it here, they should go to Cuba.

This is how O’Reilly addressed the OWS movement:

Listen up, you protest people! You have gone and alienated Newt Gingrich, who wants you to take a bath and get a job. Or vice-versa. And his words were greeted with applause from coast to coast. You guys should take notice.

A couple of months ago, the polls showed that many Americans sympathized with your movement. After all, who likes greed-head Wall Street folks manipulating the financial markets? They bathe, but so what? They’re corrupt, and you are right to demand that the government provide oversight on them.

But that point has been largely lost because the Occupy movement is now perceived as radical and incoherent. The loons moved in, and the sincere protesters ceded the spotlight. All of a sudden, the Sons of Anarchy were getting all the camera time. Most Americans are willing to listen, but not to guys with scorpions tattooed on their necks. And then there were the ugly displays of police-baiting and mindless destruction.

The result: According to the latest NBC News/Wall Street Journal poll, just 28 percent of Americans now approve of the Occupy movement, and James Carville will no longer take their calls.

But the primary reason this correspondent has turned bearish (sorry) on the Occupy Wall Street movement is hypocrisy. Recently, the feds announced that executives at the near bankrupt Fannie Mae and Freddie Mac agencies would receive close to $100 million in bonus money. Also, the guy who ran Solyndra into bankruptcy got a nice departure package despite the fact that the solar-panel company wasted about $500 million of taxpayer money.

So where are you on those things, Occupiers? Why are you besieging a Burger King in San Diego when the real corruption is in Washington, D.C.?

What Bill O’Reilly and his heartless conservative friends at Fox News, and elewhere fail to understand is this: OWS protesters or( the 99%) are the 99ers, who have lost their jobs, homes and personal belongings as a result of reckless behaviour on Wall Street. These are the same people who had their unemployment benefits ran out because Republican in congress refused to extend them. These protesters are hurting, and they are crying out for help. Politics and government have failed. The only alternative is to take to the streets in protest.

Read article here:  http://townhall.com/columnists/billoreilly/2011/11/26/memo_to_the_occupiers

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Politics: Super Committee Failed To Make Tough Choices

By JOE SCARBOROUGH | 11/21/11 6:12 PM EST
Here’s a message to Washington politicians: duck.

Your failure is now complete. You were faced with a generational challenge to save Americans from the type of collapse European countries are now facing and you blinked. Actually, you did worse.

Read more: http://www.politico.com/news/stories/1111/68876.html#ixzz1eRAFAmaf

‘Occupy Wall Street’ continues despite GOP bashing

Wall Street, Manhattan, New York, USA

Image via Wikipedia

Critics continue to bash Occupy Wall Street protesters. Dismissing the 99% as a group of haters of the rich–lazy trouble makers who are against capitalism. There are even documented cases of police brutality. But the more criticisms the group gets, the bigger the movement become.

Most of the harsh and sometimes baseless criticisms which the group gets come from  the GOP, no surprise there. From the little known conservative blogger, to nationally acclaimed media houses–online, Broadcast, radio, and print, to those who seek political office, straight up to members of Congress.

Recently, for example,  Republican nominee hopeful, Herman Cain, said he believes the protesters were planted and that they were “jealous’ Americans who “play the victim card” and want to “take somebody else’s” Cadillac. And to add insult to injury, House minority leader, Eric Cantor, called the group a mob.Watch the video http://youtu.be/_vNZeLKy-jg

How quickly we have forgot that it was greed on Wall Street that sent the US and the world economies tumbling over the edge of the cliff. Lack of meaningful regulations during the Bush years, gave Wall Street license to engage in all kinds of shady investment and illegal practices. The kind that would have landed an ordinary citizen in jail, perhaps for life. Yet, to date, not one Wall Street firm has been charged.

So, now is not the time to bash 99%. This is a group of people who genuinely love their country. But the group has  real concerns like most Americans, especially in these tough economic timesThey should be listened to, because many of them, perhaps all, do not have a job, and they have looked for a very long time.  They see no light at the end of the tunnel. They have lost faith in a political system that bailed out the rich and dogged the rest of the population. They view our politicians as puppets of Wall Street. Hence, they take to the streets to remind unscrupulous politicians that power is in the hands of the people.