Posts Tagged ‘Occupy Wall Street’

Dear Readers: I have been following the Herman Cain situation closely, and I am glad I held off on any opinions. It seems one of his accusers is channeling SNL’s Emily Litella:

I do not support Cain more or less now than I did a week ago. What I do want to point out that all the GOP candidates had best learn from this incident — make sure your closets are skeleton free; if they are not, clean them now; and, get ready for leftist lies, smears, and projections so they don’t interrupt the campaign. ALL of the GOP hopefuls have got to improve their game immensely before hitting the general. While I believe that the Politico story was unleashed by Team Romney to deflect from a devastating column from conservative icon George Will – Mitt Romney, the pretzel candidate — I hope Cain learned valuable lessons in how to handle similar situations; Team Obama will be far harsher and not half as truthful.

Politico has covered itself in shame. Legal Insurrection notes the website has posted the most deceitful headline ever — I have to agree, though I am sure there will be more where this one came from in the General Election. I view this as a Darwinian Election — Adapt or Die! Even if Newt is the one who manages to evolve to best counter The Once, then I will support him.

I would also like to say a few words about Occupy Wall Street. I hold that this is an organized event designed to generate a “state of emergency” that would thwart the scheduled elections in 2012. Capitalists everywhere are pushing back!!! This gem comes via Instapundit: Traders From Chicago Board Of Trade Dump McDonald’s Applications On Occupy Chicago Protesters. “In the middle of an Occupy Chicago teach-in this week, traders at the Chicago Board of Trade dumped several sheets of paper on top of the heads of protesters below. Demonstrators were angered to find out they were showered with employment applications for McDonald’s.”

The Goddess of Capitalism is most pleased.

That being said, I am quite aggravated by the entitlement attitude of many OWS participants, who are students or recent graduates under the delusion that they are owed a great job with a crappy major. I have a new client that is a private university, which offers solid technical degrees in meaningful programs. No GLBT Studies for these scholars! So the continued attacks on them by elite politicos and institutions is something I plan to monitor.

If you want a good example of the navel-gazing self-focus of OWS, look no farther than HERE. I think these people forget the first rule of a civil society: That your “rights” end when they impact mine. Truly, unlike B-daddy, I have no need to commiserate and see absolutely NO CONNECTION between Poopstock and the Tea Party movement.

Check out how California’s taxpayers are being ripped off via time theft, all in support of OWS: The Oakland Police Officers’ Association just sent an “Open Letter to the Citizens of Oakland” exposing what appears to be a corrupt effort by the mayor’s office of the City of Oakland to direct public employees to support the Occupy Oakland “Stop Work” general strike on Wednesday, Nov. 2.In fact, a Tea Partier infiltrated Occupy Oakland and filed this report:

Once we reach a Wells Fargo branch, a group swarms in front of the main entrance to find it locked. Next a sizable contingent with signs and costumes sits down to block all entrance and egress while the rest of the mob chants, beat drums, and takes pictures with their iphones. At this stop, I notice several people in light blue tee shirts which read, IFPTE. They are from a City of Oakland agency called the International Federation of Professional Trade Engineers.

I ask one of the women, “Given that your salary is paid by Oakland’s private sector workers, how is it a good thing to shut down commerce here?’

“I’m not the one to ask. I’m just here supporting our group. Why don’t you ask him?” she says apologetically.

When I repeat my question to her designated male companion, he says, pointing at the building, “We’re here because everybody’s hurtin’ except the fat cats.”

“So if the CEO of Wells Fargo is paid $20 million dollars, how does that disadvantage you?” I ask.

“I’d love it the guy’s payin’ 50% of his salary in taxes. But we know he isn’t because of all the loop holes in the tax code,” he says petulantly.

“So, how is that the bank’s fault?” I ask. “Shouldn’t you be picketing Congress?”

“Well, I think the Republicans are mostly at fault. Yes.”

Also, read about the fiasco that is the state high speed train program: The news that the California High-Speed Rail Authority finally revealed its long-awaited business plan only made the state’s residents more suspicious of the monster rail system. With a $99 billion price tag, a 300 percent cost increase since the 2008 voter-approved measure, and a claim of more than 1 million jobs created, High-Speed Rail appears to be taking over as the WPA project of California’s future.

SMART DIPLOMACY ALERT: The Once insulted French President Nicolas Sarkozy, who is hosting the G-20 Meeting!

Read Full Post »

Dear Friends: A quote from the movie, “The Usual Suspects“. As it seems the usual suspects who are responsible for POOPSTOCK.

Working Families Party of New York, a group that shares the same address as the SEIU and ACORN in New York, posted an advertisement on Craig’s list to find people willing to work the Occupy Wall Street protests. Now, it seems these groups are protesting at New York millionaires home; as a reminder, the Connecticut version of this union and ACORN connected group protested at bankers’ homes in 2009. The usual suspects playing by the same, tired set of Alinsky rules. It is as I always say:


I would like to share some great points made by fellow-SLOB, B-daddy:

Here is an agenda that we might all agree upon, because it attacks the root causes that led to both movements.

  • End the bailouts for financial firms and indeed all the failed corporations. Disabuse corporate CEOs of the notion that they can jet to Washington to save their companies.
  • Eliminate the special dispensations for favored groups and corporations in the tax code. Simplify the corporate tax code so that simple profit and loss, as measured by generally accepted accounting principles form the basis of taxation. No more special breaks because you lobbied Congress. Ethanol comes to mind.
  • End the secret bailouts by the federal reserve, which seem to involve more than just banks. Audit the fed.
  • While we are at it, restore the gold standard for our money so that banks can be held accountable and not get federal reserve bailouts.
  • Investigations and possible prosecutions for fraud in the manner in which mortgage backed securities were represented.
  • Prosecutions when banks foreclose on homes when they don’t even own the mortgage.
  • End all government loans to corporations.


It sounds nice, but sadly I think that the activists in this movement are more concerned about airing private grievances because they bought into one of the greatest scams of modern times: Assuming paying an outrageous amount of money for a professionally or technically useless degree makes them entitled to a great salary in a dream location.

from Michelle's Mirror: http://www.michellesmirror.com/

The Occupy movement is full of these malcontents, and I am not sympathetic. The reason I blog about Egypt instead of being an unemployed history major is because I worked my posterior off so I could get three separate science degrees in lucrative fields and actually earn a living. When my company closed (because of the banking disaster that dried up credit), I started my own small business.

This takes my to the origin of a lot of the street theater: the Higher Education Bubble. I have been promoting “Mike Rowe Works” for years — there are a lot of great profit opportunities to be had in the trades. In fact, the Young Prince and I were at a Cub Scout camp in one of the most beautiful spots in southern California — Julian. One of the people who worked in the orchard we were at remarked the area was in desperate need of a new mechanic. Think of it — a great living in a naturally beautiful area and no college debt. It screams GREEN LIVING!

MUT and Young Prince at Julian Orchard

There was a discussion on Instapundit related to this:

I should prefer this not be attributed to me. However, in your recent post on OWS and the higher ed bubble, you touched what seems to me to be the core of the issue — in the last paragraph.

“UPDATE: Reader Jonathan Card emails: 的知 a consultant travelling to Kentucky for a contract. I was watching the local news last night and a local machinist shop was being interviewed about not being able to find enough workers. The money quote, that I thought you壇 be interested in, was ‘You can buy gas from a college graduate, but I can’t fill a $70,000/year machinist position.’”

First: This is also my experience as an employer. I have more college graduates wanting to work for me than I can employ — but good machinists, good mechanics, good technicians are hard to find.

Second: When I was growing up, there was shop class with real tools, there were trade schools, vocational education, apprenticeships, any number of ways to train for what used to be called “the trades”. The need for these people HAS NOT GONE AWAY. What has gone away is the belief that they are viable career paths or respectable occupations.

Third: As Jerry Pournelle is fond of pointing out, not everyone enjoys the abstract and symbol-oriented thinking that university education is designed to train. Therefore, whether our objective is having a viable economy OR maximizing people’s happiness, it is simply not true that “everyone should go to college”. For some professions, college is (or should be, see below) incredibly valuable — for some, not so much.

Fourth: The way we distinguish among college graduates is, in part, whether they have developed “hands on” skills, shown signs of being able to complete real projects, built things, and so on. Once upon a time, people would do these as summer jobs or as hobbies before going to college or during college. That is rarer now. Many schools do offer good opportunities for various kinds of projects, competitions, and so forth that demonstrate these things. And of course hobbies and internship jobs still present such paths. The important thing is that these are all things people do VOLUNTARILY — you can get through your college experience and never have actually done any work in your field of study. Such people may be “educated” in some sense but are not often the kind of people we look to hire.

The second reason for my lack of sympathy: The group Anonymous, heavily involved in the Occupy movement, has threatened to hack the New York Stock Exchange.My mom, who is not wealthy, relies on her stock dividend checks to make ends meet. A lot of seniors also rely on their stocks, too. These Occupiers may want to chat with a few seniors before they proceed.

Finally, in terms of work, I want to let everyone know that this Palinista is going all in for Operation Counterweight (being organized over at Legal Insurrection). Basically, it is focusing on the House and Senate races. Truly, for those of us who are disgusted with the current primary process (and I am particularly upset Gary Johnson was excluded), it is the “electoral strategy for the rest of us.” It has already borne fruit:

I would suggest a race to watch: congressional district 36. In a very liberal district, Republican Craig Huey came in a surprising second in the open primary to qualify for the general election. While he lost to Democrat hack Janice Hahn, he made a credible showing, much stronger than usual for a Republican here. With redistricting, CD 36 moves a bit more to the south and becomes more friendly to a conservative candidate. Whether Huey runs again or the candidate is different “R,” in a bad year overall for the Democrats I’d expect him to have a good shot at unseating Hahn. I think it will be a race to keep an eye on.

Tammy Bruce has a column at Newsmax: No GOP Candidate Is Worthy of Palin’s Endorsement. It is, she comes to the same conclusion: The other option for tea partyers is to bypass the GOP primary season entirely and focus on the Senate, which is exactly what leaders at Freedom Works, a tea party group… …have indicated is their intention. Whatever individual Palinistas decide when it comes to “What now?” they will make the difference in this imperative political season.

Hard work spotlights the character of people: some turn up their sleeves, some turn up their noses, and some don’t turn up at all. Sam Ewing

Read Full Post »