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Occupy George

occupygeorge.com

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Re: Occupy George

#31

Post by maximusprime »

furyg3 wrote: post #4
c4urself wrote: post #2

Very innovative idea. There is probably a law against writing/printing on money in the U.S., though.

It's sad to think that the organizers of this will probably be arrested for "conspiracy to deface government property" or something. Or, since they're also advancing a political message of 'fear', maybe it will be terrorism?

The correct course of action for them, is to put up candidates to be elected into office. That's what a democracy is about.

You don't get anywhere by whining and moaning on the streets that life isn't fair. You certainly don't get taken seriously by anyone.

Re: Occupy George

#32

Post by sixtofour »

hkmurakami wrote: post #27

This is alarming to me, because this particular act is appears to be pure sensationalism to me. It also takes the numbers grossly out of context. When I saw the "Richest 400 vs Bottom 150,000,000" 50/50 split on one of the bills, my immediate thought was the following: __Do these people consider how many jobs these top 400 people created over the last decades, and how much better off the world is because they existed…

How many jobs do those 400 create? Who are they, actually? Are they generally captains of industry, steering the ship of employment? Or are they generally trustafarians, doing whatever?

Re: Occupy George

#34

Post by sixtofour »

ars wrote: post #25
acoster wrote: post #20

This is more an annoyance to the 99% that gets such bills (many places don't accept defaced banknotes).

The bill will not be accepted by anyone, so the only one who will see it is the person who printed it. They could deposit it in a bank, but the bank will just send it to the Fed to be destroyed and replaced. (They have automated scanners that look for dirty, worn out, or defaced bills.) So this is pointless if they want these notes to actually circulate - all they are doing is wasting money used to reprint the notes.

I used to see decorated bills fairly regularly, back when I mostly used cash. I was never aware of them not being accepted; it never bothered me.

One of my favorites, on a $1 bill: "Taxes are revolting; why aren't you?"

Re: Occupy George

#35

Post by scottjad »

"The richest 1% of Americans control over 1/3 of the wealth, leaving the bottom 80% with less than 1/5."

This suffers from the pie fallacy covered in http://www.paulgraham.com/wealth.html

Also if you look at http://sociology.ucsc.edu/whorulesamerica/power/wealth.html table 3 you'll see that the distribution of wealth between 1% and 99% in 2007 (which I assume is pretty much the same today) was essentially identical to that of 2001, 1989, 1965, 1939 and 1922.

Re: Occupy George

#36

Post by sambeau »

iwwr wrote: post #9

The 1% are hardly representative of the true 'ruling elite'. This group is probably around a few hundred people, no more than a few thousand. Wall Street is also not the center of power, but rather Washington DC and the Federal Reserve.

To quote a recent trader:

  "Governments don't rule the world; Goldman Sachs rules the world"
If you need any more explanation, ponder this question:

  Who is the national debt owed to?
Hint: it's not China

Re: Occupy George

#37

Post by maigret »

sambeau wrote: post #36
iwwr wrote: post #9

The 1% are hardly representative of the true 'ruling elite'. This group is probably around a few hundred people, no more than a few thousand. Wall Street is also not the center of power, but rather Washington DC and the Federal Reserve.

To quote a recent trader: "Governments don't rule the world; Goldman Sachs rules the world" If you need any more explanation, ponder this question: Who is the national debt owed to? Hint: it's not China

A trader? This guy was proved to be a joke. http://www.businessinsider.com/turns-out-the-trader-who-scar...

Re: Occupy George

#38

Post by robryan »

sixtofour wrote: post #32
hkmurakami wrote: post #27

This is alarming to me, because this particular act is appears to be pure sensationalism to me. It also takes the numbers grossly out of context. When I saw the "Richest 400 vs Bottom 150,000,000" 50/50 split on one of the bills, my immediate thought was the following: __Do these people consider how many jobs these top 400 people created over the last decades, and how much better off the world is because they existed…

How many jobs do those 400 create? Who are they, actually? Are they generally captains of industry, steering the ship of employment? Or are they generally trustafarians, doing whatever?

Also would be interesting to know their hiring practices, are they paying the least they can get away with and no job security or are they creating sustainable jobs?

Re: Occupy George

#39

Post by odge »

ars wrote: post #25
acoster wrote: post #20

This is more an annoyance to the 99% that gets such bills (many places don't accept defaced banknotes).

The bill will not be accepted by anyone, so the only one who will see it is the person who printed it. They could deposit it in a bank, but the bank will just send it to the Fed to be destroyed and replaced. (They have automated scanners that look for dirty, worn out, or defaced bills.) So this is pointless if they want these notes to actually circulate - all they are doing is wasting money used to reprint the notes.

It's already leading to discussions all over the internet. It's obviously a successful stunt.

Re: Occupy George

#40

Post by mgunes »

iwwr wrote: post #9

The 1% are hardly representative of the true 'ruling elite'. This group is probably around a few hundred people, no more than a few thousand. Wall Street is also not the center of power, but rather Washington DC and the Federal Reserve.

The support from the portion of the 1% who may not exactly be the "ruling elite" in your particular sense of the term is also worth noting:

http://westandwiththe99percent.tumblr.com/

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