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PeakOil is You

PeakOil is You

THE Wall Street Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: Burn Wall Street

Postby Kristen » Thu 29 Apr 2010, 12:55:00

So to sum it up we're all equally to blame. For the last 9 years we have shed our morality, while pretending to be "the good ole Amereica" that is here to make the world a better place (if that was even ever true). We have pillaged a whole nation and committed unspeakable atrocities, some of which will never see the light of day. We've given our children the burden of unemployment, while repeating "You can be anything you want," "Those who do not adhere to consumerism are unnatural and deserve to be punished by humiliation until they comply."

And for what?

In order to live another day, tv dinner on lap, in front of a flat screen watching other people that make more money then you do make asses out of themselves for your entertainment. To congregate with clicks and ridicule others who don't fit in with your certain group. To go shopping anytime of the day and buy, buy, buy! Never mind that processed foods kill brain cells, people who commit steryotyping are usually hypocrites and once that new smell wears off you will feel empty again, because that is how you've been programmed in our little perfect Utopia.

(sorry for the rant, sometimes I can be a spounge of misery and need to express my inner feelings)
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Re: Burn Wall Street

Postby gollum » Thu 29 Apr 2010, 13:08:09

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('gollum', 'N')ow if it were to get traction and have a reasonable chance of success I'd sure hop on. How about you Ludi?



Depends on what you mean by revolution. If you mean beginning to live a different way and letting the status quo die of neglect, I'm already working on it. If you mean breaking things and killing people, I will not be participating.

"Burn Wall Street" looks to me like a call to break things.




I'm with ya there Ludi...Sold my stocks and bought gold, spending my time working on my garden, and homestead. Wall Street will burn anyway just a matter of time. I'll bring some marshmallows and watch from a safe distance. I try to work so little I pay very few taxes, buy used as much as possible to avoid paying more taxes, and try to make do or do without. You are dead on that if everyone just quit playing the game the system would fall apart! I think that's a revolution we could all live with. Sure doesn't mean I don't hate banksters and politicians with a passion though.
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Re: Burn Wall Street

Postby Ludi » Thu 29 Apr 2010, 13:27:08

Hey, looks like we're doing the same things, gollum, except I try not to hate anyone (it's bad for my blood-pressure). :)

Live the revolution!
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Re: Burn Wall Street

Postby gollum » Thu 29 Apr 2010, 13:46:33

I have an extreme dislike for those who have manipulated the system for their own benefit, at the expense of future generations, Why do I hate Wall street and the political class? All I have to do is just think of all the good things the trillions we gave the banksters and war profiters could have done to make this country sustainable for our kids. Opportunity squandered so a few greedy can get richer, yes I do hate them.
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Re: Burn Wall Street

Postby ian807 » Thu 29 Apr 2010, 14:05:59

Nobody will revolt until they don't have access to:

1) Cheap food.
2) Cheap psychoactive drugs
3) Cheap gas
4) Cheap money (i.e. loans)

Number 4 is out of play for the hoi polloi, but the rest are still going, for now.

The gas thing will end first, as oil price feedback comes into play (high oil prices push up the price of everything including the price of finding, refining and distributing oil, which drives up prices further which...).

After that, cheap everything becomes remarkably expensive everything and we start seeing significant unrest as gas prices cycle up and down wildly and pathetic attempts to switch to natural gas and renewables are shown to be untenable in a timeframe that matters.

Cheers!
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Re: Burn Wall Street

Postby AgentR » Thu 29 Apr 2010, 14:56:07

$this->bbcode_second_pass_quote('Kristen', 'S')o to sum it up we're all equally to blame. For the last 9 years we have shed our morality, while pretending to be "the good ole Amereica"


9??? You've got to be kidding me; this trainwreck got going in the early 80s. It had decades of steam behind it, and when it went splat the whole system shook, thats why we all noticed.

We are all equally to blame though. Kinda sad that human nature likes to scapegoat like it does; anything, ANYTHING , to avoid saying, "Yep, *I* screwed up."
Yes, we are. As we are.
And so shall we remain; Until the end.
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Re: Burn Wall Street

Postby gollum » Thu 29 Apr 2010, 15:02:27

I would have to agree this goes way back....Somewhere along the line the wall street guy or famous actor was looked at as a better person than the preacher who helped the poor, or the guy who worked two jobs to give his family a middle class life (I dont mean a McMansion so much as maybe college, and showing his kids a good work ethic). After that it was all down hill. I rail a lot against the political and financial classes but I guess really they are just a reflection of a society rotten to the core. I think this won't end well.
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Re: Burn Wall Street

Postby Ludi » Thu 29 Apr 2010, 15:07:46

$this->bbcode_second_pass_quote('gollum', ' ')I rail a lot against the political and financial classes



With a swipe at show-biz, I see.
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Re: Burn Wall Street

Postby rangerone314 » Thu 29 Apr 2010, 20:32:10

I got an idea for a simple revolution that even the most gutless could participate in.

Create a charity people can donate to that gives to the widows of terminally ill men who went out in a blaze of glory attacking (and hopefully taking out a few) Wall Streeters.

Note I'm not actually endorsing hurting Wall Streeters, just that the unfortunate widows who probably won't get any life insurance money should be taken care of...
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Equals barter and negotiate-people with power just take

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Re: Burn Wall Street

Postby Ludi » Thu 29 Apr 2010, 20:47:21

I must be missing something. I don't see how that would create a revolution.
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Re: Burn Wall Street

Postby jdmartin » Mon 03 May 2010, 13:28:42

$this->bbcode_second_pass_quote('Kristen', 'S')o to sum it up we're all equally to blame.


I don't think I buy that at all. I understand your post but the idea that we're all equally to blame is just PC bullshit bantered around. Fact is, some people are MORE to blame and some are less to blame. Unfortunately, there are more of the "mores" than the "less".

Let's imagine your house is on fire, caused by electrical sparking from a shoddy installation of poor materials, passed by an absentee electrical inspector. 10 of your neighbors come running down. 2 of them grab water hoses and buckets and try to put the fire out. 2 others start pouring gasoline on your house. The other 6 watch and laugh, nap, or commiserate. Now, is everyone equally to blame for your house burning down? Is the shoddy electrician or the crappy Chinese wiring equally as responsible as the guys throwing gas on an already-burning building? How about the gas throwers compared to the placid observers? The observers to the water brigade?

A good number of people here are on the water brigade (lots of them are found in the Planning section, btw). A lot of the people here are just watching the fire. Some people here are gasoline throwers. And likely nobody here was the electrician.
After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off.
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Re: Burn Wall Street

Postby davep » Mon 03 May 2010, 13:43:15

We really need the return of ReverseEngineer to liven this debate up :-D
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Re: Burn Wall Street

Postby jdmartin » Mon 03 May 2010, 13:55:11

$this->bbcode_second_pass_quote('davep', 'W')e really need the return of ReverseEngineer to liven this debate up :-D


Whatever happened to that guy, anyway?
After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off.
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Re: Burn Wall Street

Postby davep » Mon 03 May 2010, 13:56:26

$this->bbcode_second_pass_quote('jdmartin', '')$this->bbcode_second_pass_quote('davep', 'W')e really need the return of ReverseEngineer to liven this debate up :-D


Whatever happened to that guy, anyway?


I think he was banned for his forthright opinions on dealing with the pigmen.
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Re: Burn Wall Street

Postby mos6507 » Mon 03 May 2010, 14:33:03

$this->bbcode_second_pass_quote('davep', '
')I think he was banned for his forthright opinions on dealing with the pigmen.


RangerOne gives RE a run for his money when it comes to inciting violence.
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Re: Burn Wall Street

Postby efarmer » Mon 03 May 2010, 18:58:43

It is a matter of perspective, we all muddle around and blow a big
collective bubble and the banksters see that we have made them
a dandy new pinata, and that if they pay congress to shut their eyes,
they get to skip the blindfold and whack it with a stick until all the
goodies spill out.

If you want to cure your irrational exuberance, beat on J6P's pinata
until you run out of froth, rinse, and repeat.
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Re: Burn Wall Street

Postby 2cher » Tue 04 May 2010, 17:46:39

You guys are right, the future is not going to be pretty, but unfortunately it will also take it's sweet time getting here. By the time the people realize they have been duped, the ones that were capable of fighting, are going to be much to old to be of any use, the younger generation is mostly comprised of mindless facebook zombies.

We will go out with a whimper, not with a bang.

As long as that TV keeps popping out reality tv and morons have forums to congregate and let out their steam on, the banksters and .gov-fraudsters will be safe to pillage and plunder our futures from us.
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Re: Burn Wall Street

Postby Ludi » Tue 04 May 2010, 19:51:13

$this->bbcode_second_pass_quote('2cher', 'a')nd morons have forums to congregate and let out their steam on



What would you being doing if you weren't a moron congregating on a forum? Can you give the rest of us morons some concrete alternatives? Or are you just letting out steam and not really saying anything?
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We are Wall Street E-mail

Postby eXpat » Thu 06 May 2010, 23:17:34

Looks like someone just lost it. This is the text of the e-mail below:

‘We are wall Street…we are smarter and more vicious than
If anyone knows who wrote the following email, which has been pinging around Wall Street and across prop desks, tell ‘em get in touch with FT Alphaville. We like the writing style.

“We are Wall Street. It’s our job to make money. Whether it’s a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn’t matter. We would trade baseball cards if it were profitable. I didn’t hear America complaining when the market was roaring to 14,000 and everyone’s 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I’ve never heard of anyone going to Gamblers Anonymous because they won too much in Vegas.

Well now the market crapped out, & even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat. God knows there has to be one for everything. Well, here we are.

Go ahead and continue to take us down, but you’re only going to hurt yourselves. What’s going to happen when we can’t find jobs on the Street anymore? Guess what: We’re going to take yours. We get up at 5am & work till 10pm or later. We’re used to not getting up to pee when we have a position. We don’t take an hour or more for a lunch break. We don’t demand a union. We don’t retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is on your dinner plates, we’ll eat that.

For years teachers and other unionized labor have had us fooled. We were too busy working to notice. Do you really think that we are incapable of teaching 3rd graders and doing landscaping? We’re going to take your cushy jobs with tenure and 4 months off a year and whine just like you that we are so-o-o-o underpaid for building the youth of America. Say goodbye to your overtime and double time and a half. I’ll be hitting grounders to the high school baseball team for $5k extra a summer, thank you very much.

So now that we’re going to be making $85k a year without upside, Joe Mainstreet is going to have his revenge, right? Wrong! Guess what: we’re going to stop buying the new 80k car, we aren’t going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We’re going to landscape our own back yards, wash our cars with a garden hose in our driveways. Our money was your money. You spent it. When our money dries up, so does yours.

The difference is, you lived off of it, we rejoiced in it. The Obama administration and the Democratic National Committee might get their way and knock us off the top of the pyramid, but it’s really going to hurt like hell for them when our fat a**es land directly on the middle class of America and knock them to the bottom.

We aren’t dinosaurs. We are smarter and more vicious than that, and we are going to survive. The question is, now that Obama & his administration are making Joe Mainstreet our food supply…will he? and will they?”


http://ftalphaville.ft.com/blog/2010/04/30/217381/we-are-wall-street-we-are-smarter-and-more-vicious-than-dinosaurs/
"I learned long ago, never to wrestle with a pig. You get dirty, and besides, the pig likes it."
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You can ignore reality, but you can't ignore the consequences of ignoring reality.” Ayn Rand
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Re: We are Wall Street E-mail

Postby Homesteader » Thu 06 May 2010, 23:25:30

An unsurprising attempt at mental masturbation to keep their delusions going just a little bit longer.

While the author and others were working long hours creatively ripping off the public the public was getting fed up with their lies and fraud. A more likely outcome is they become homeless unless the strip club is hiring the pretty ones or the men can join the security forces of their former bosses in South America.
"The era of procrastination, of half-measures, of soothing and baffling expedients, of delays, is coming to a close. In its place we are entering a period of consequences…"
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Beliefs are what people fall back on when the facts make them uncomfortable.
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