Occupy Bishop hits the street


Protestors demonstrated in Bishop Saturday. (Photo by Harry White of Mammoth Lakes)

Around the nation and the world, people from all walks of life continue to protest the rich who control the government, who escape regulation through campaign donations and the economic pain of the rest. On Saturday, a large group gathered on Bishop’s Main Street to join this protest movement.

Occupy Wall Street continues to capture much of the media attention, and on Saturday a large number of the protestors marched through Federal Court in Foley Square in Lower Manhattan.  Marchers called on Washington to stop helping out big banks.  Other protestors demonstrated in a separate march to mark Bank Transfer Day, a nationwide movement that urges bank customers to move their deposits to credit unions.

Also on Saturday, a large group of citizens assembled on Main St. in Bishop in solidarity with Occupy Wall Street.  They carried signs to express their own discontent in a wide range of issues.  Harry White of Mammoth Lakes captured the photo with this story.  White himself had this to say:

“A wonderful group of American patriots turned out at the small park on the corner of Main Street and Academy to add their support to the OWS, Occupy Wall Street, movement.  Members of this group carried signs supporting the OWS – 99%ers marching along Main St and waving at traffic traveling 395.  Most occupants and drivers waved,” said White, “and gave the thumbs up sign and honked their horns.  A great day in Bishop and a great day for the USA,” White said.

Talk had earlier circulated in Mammoth Lakes about an Occupy Mammoth.  Steve Klassen told the Sierra Wave earlier that he personally supports that idea and had heard of others who did too.  Klassen said that “Huge corporations are making it difficult for people to get ahead.  The giant corporations,” said Klassen, “own the politicians and the government.”


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77 Responses to Occupy Bishop hits the street

  1. ickity November 6, 2011 at 6:57 pm #

    Personally, I find this offensive.

    • Charles James November 7, 2011 at 2:43 pm #


      There are plenty Americans who would find your comment “offensive”, particularly if they happen to actually believe in our Constitution and its Bill of Rights. Which of the First Amendment Rights do you find offensive? Is it the Right to practice Religion, the Right to Free Speech, the Right to a free Press, the Right of Assembly, and the Right to Petition your government .

      Do any of those rights even ring a bell for you? Would you have preferred they showed up armed just so they could also prove their Second Amendment rights as well? Would you have taken their First Amendment Rights more seriously if they had?

      The preamble to the Constitution states that a main function of our government is to promote the general Welfare of its people. How is that happening under a government which now so transparently and firmly dedicated to the the welfare of the very rich and large corporations? What of the welfare of the vast majority of the people in this country? It is not just the GOP, the Guardians of the Privileged, that is showing contempt for the general Welfare, it has been Democrats as well.

      So what if you are offended?! That’s certainly your Right- as offensive or repugnant as your comment on the matter may be to most Americans- the vast majority of whom appear to be overwhelming supportive of the Occupy Wall Street Movement and its message for a government that serves the interests of its citizens, all of them, and not just the privileged few.

    • Harry November 7, 2011 at 4:55 pm #


  2. Jane November 6, 2011 at 7:01 pm #

    I thought it was a rehersal for Mule Days.

    • Harry November 7, 2011 at 4:56 pm #

      No it was American citizens expressing themselves.

  3. highlands November 6, 2011 at 7:19 pm #

    26 people is a large gathering…?

    • Benett Kessler November 6, 2011 at 7:27 pm #

      It is for Bishop. Let me also say that it’s great to see local people who recognize the root problem of
      our society. We have a beautiful form of government – Democracy. However our legislators have sunken to the lowest
      level of greed by allowing the wealthy to have too much influence over the lives of all citizens. If our legislators honored Democracy, they would regulate the casino-style activities on Wall Street to make sure life is safe for all of us.

      Thank you, demonstrators,
      Benett Kessler

      • P&B November 7, 2011 at 8:41 am #

        Bravo Bennett and the Bishop citizens that participated in the protest against the wealthy controlling our lives through ownershipoff the politicians and government. It’s outrageous that “commodities’ like fuel and food can be manipulated in the stock market to steal more of the poor and middle class hard earned money.

        Lately the title of :sheeple” has become popular due to the electorate’s perceived lack of participation and continually allowing the wealthy and the politicians to “suck us all dry” while complaining about “big government” being the problem. People working for government are not the problem just because government agencies are a strong employer, the problem is perpetuated with administrations fat salaries and the fat pay offs given to the politicians. In our own area the town of Mammoth suffers from this very scenario with the only ones making any money are the administration and politicians as they manipulate the judgement/debt situation behind closed door sessions that go on and on.

        We all need to vigorously support these protests to send a loud clear message to those controlling our lives and wallets that it is not acceptable to bleed us dry to make their bottom lines look good for Wall Street. People can make a difference, just look what happened this weekend with people pulling their money from the “Big banks” to show their disgust with unfair fee practices.

        Once again Bravo to the folks of Bishop!!!!

    • Rob November 7, 2011 at 8:11 am #

      Evidently Benett doesn’t know what a large gathering is.

      26 people? nice spin ha ha

      You won’t see me out there. I’ll be at work putting one foot in front of the other.

      • Harry November 7, 2011 at 5:03 pm #

        Where is this 26 people participating come from? I believe there were well over 100.

    • Harry November 7, 2011 at 4:58 pm #

      I do not know where you got the number but the actual count was well over 100.

  4. upthecreek November 6, 2011 at 9:37 pm #

    @ Benett Kessler

    “We have a beautiful form of government – Democracy.”

    please note :.

    The USA is a Republic not a Democracy

  5. Ken Warner November 6, 2011 at 10:46 pm #

    Worship the rich — the might trickle down on you….

  6. STEVEN November 7, 2011 at 8:31 am #

    I would rather see full blooded Americans expressing their rights and concerns in this Country any day, rather than what I saw a few years ago here in mammoth when at least a thousand illegal alien puppets marched in our streets with signs telling US what we were going to do and give THEM!
    Americans have the right and legitimacy to protest in our American streets. Illegals do not!
    And it’s about time the super rich pay their fare share of the pie in this Country.

    • upthecreek November 7, 2011 at 4:20 pm #


      Step up and Write the check. Be the trend setter.

      Tell Rusty They are still waiting for his

  7. John Barton November 7, 2011 at 9:01 am #

    Over my life I’ve worked hard, saved money, spent money, lost and made money on investments. I am still happy and not upset about the way things are. Do CEOs make too much money? I think so and vote on the company proxy statements accordingly. Stock companies are shareholder owned and it is the shareholders who should decide how much the boss gets paid, not politicians. If folks want more government control over business and the “casino-style activities” than a more socialistic country would be better aligned with their ideals.

  8. Bishop Dude November 7, 2011 at 9:43 am #

    OWS….here in Bishop…Total irony….. that a mega-tourist County…an economy that depends upon tourist ( that’s code for vacation) money….you know the stuff that comes from the Fruit of Capitalism…it’s called extra money. Yep….we have folks who just have to join the fringe… in blasting Wall Street….the very folks that provide the money for us to pay our rent and live in the Greatest Place around…Bishop, California. Ya…let’s protest the foundation of America…the freedom to EARN. Forget “blasting” the ones who have us 15 TRILLION dollars in debt…The Democrats in Washington! How about going to 1600 Pennsylvania Ave. DC ???????

    • Ken Warner November 7, 2011 at 10:28 am #

      One thing the right wing has in abundance is amnesia — forget about the two unfunded and unnecessary wars. Forget about the deregulation of the banking industry that almost collapsed our economy and took trillions to save. Forget about unfunded Medicare Part D. Forget about the Bush tax cuts that has had an enormous impact on our national debt. Forget about the tax loopholes that let huge corporations like G.E. pay $0.00 tax. Forget about all the money that big corporations are hiding offshore. Forget about shipping jobs overseas and importing cheap labor from anywhere they can find it. Forget about our porous borders that let anybody just walk into our country. Forget about the billions spent putting pot smokers in jail….

      Just forget about anything that is inconvenient and doesn’t fit with this morning’s right wing talking points. Take the easy way out and blame Obama and open another bag of Cheetos……

      • upthecreek November 7, 2011 at 4:31 pm #

        The system is broken…we the PEOPLE need a big red RESET button.

      • BishopDude November 7, 2011 at 4:47 pm #

        Ken here is a little Cheese to add to your whining….. Gallup Poll: Conservatives 42%, Liberals 21%

        • Marc Fathauer November 8, 2011 at 6:15 am #

          Absurd interpretation by a right wing news organization. How people label themselves has little to do with how they vote. Demonization of the word “liberal” completely skews the results of the poll.

    • Harry November 7, 2011 at 5:10 pm #

      What was the debt when Bush & co took over the White House? There was no debt! Tax relief for the rich and two unfunded wars is what led to the American debt.

      • Wayne Deja November 7, 2011 at 9:03 pm #

        This Country will NEVER be able to fully recover from those 8 years of George Bush….EVER…but just like 3 years ago,we all get to hear how it’s the left that has screwed everything up.This coming year,leading up to the 2012 election,is gonna be great watching the GOP shoot themselves in the foot,and other body parts as well,……….again……

        • Rob November 8, 2011 at 1:58 pm #

          And if we do recover from the 8 years of George Bush, we’ll still have to recover from the 4 years of Obama.

          Neither have done us any good.

        • Wayne Deja November 10, 2011 at 5:59 pm #

          Did you watch the GOP debate on Wednesday night?……..See what I mean?

          • Wayne Deja November 14, 2011 at 9:43 pm #

            Did you see the interview with Cain about the Obama policies concerning Libya????………NOW do you see what I mean?

          • Wayne Deja November 16, 2011 at 8:02 pm #

            And now….Wednesday nite,November 16th…with the musical chairs GOP # 1 canidate is……Newt Gingrich!!…Wonder how long it will be before he says…or does something REALLY stupid…..stay tuned…

      • John Barton November 7, 2011 at 10:33 pm #

        I’d like to remind you that it was the Dems who raided the Soc Sec fund and turned it into a pay as you go and now expected to be broke within 30 years system. Check it out. Start with a Google inquiry of good ol’ LBJ. Look at Gore in the Senate and what he did to SS. Sure folks, promote more government control and commitees and subcommitees and panels. Just point to the postal service and social security as a case of efficient gov’t oversight. Leave Wall Street alone. Many of things we take for granted that make our lives cozy and pleasant were inventions funded by those greedy Wall St tycoons and criminals. Take your signs to DC and see what kind of hope and change you’ll get.

    • Bemused November 15, 2011 at 10:06 am #

      Bishop dude…if you had any idea what you were talking about, you’d be dangerous.

      • BishopDude November 15, 2011 at 10:20 am #

        Try contributing to society and pay your fair share of taxes. Parasites like you are what bring America down. Intolerant freeloading liberals like yourself are the problem. Your I want everything given to me is what is dangerous. I am the 53% of Americans who pay taxes and unfortunately have no choice than to take care of people like you.

        • Benett Kessler November 15, 2011 at 11:49 am #

          I’m posting this but warning that it is a personal attack that will not be tolerated from here on.
          Benett Kessler

  9. Frank Blackstone November 7, 2011 at 11:50 am #

    Retired Marine Eng. Here in Bishop , Right proud to see people realizing the Federal Govt is becoming a Greedy Orginization bent on Failure of the Country . Wars , and Profitering from them is an American Tradition ..Im Happy to see these Folks telling it like it is . I was one of the Honkers and waving my support , Should have joined them , a tad Lazy prehaps . Might if they go out again , Why Not ..Others should too ..
    I read some of the responses and hear that Casino attitude mentioned ..CASINO? that’s a dirty word in my Mind…Indian Casino Paiute style Firing anyone they deem not one of their Tribe or whatever they call themselves . And I dont see a lot of them losing there money in there , I hear a lot saying ” I was born here Doesnt that Make them a Native American “Guess not in there minds …Just had to add this to the Ongoing Protest in Govt regulations protecting there own style of Corruption and Greed ..Its not all in Washington , Its Legislation at every level , Small Town USA perhaps too….

  10. Clyde A. November 7, 2011 at 11:58 am #

    Instead of moaning and groaning about things, how about reelecting Nobody! If the politicians cannot do a good job it is time to vote in a new one and see what they can do. I am not talking about the President (the two term limit works) but about the career politicians who have been reelected numerous times. If I employed somebody who performs as horrible as Congress they would have been fired. FIRE Congress! Send the message, it is time for real change!

    • upthecreek November 7, 2011 at 4:27 pm #

      @ Clyde A.

      Yes you are correct.. Term limits would be GREAT.
      Government is the problem and Government is the 1 %.

    • Harry November 8, 2011 at 5:58 pm #

      Unfortunately it takes BIG $ to become a candidate therefore you change the office holder but the backers remain the same. Level the campaign funding rules and hopefully you will have better candidates not beholden to anyone. Corporations are not people.

  11. gwjones November 7, 2011 at 6:00 pm #

    Biting my tongue. Give me a break! Ooops….

  12. Marc Fathauer November 8, 2011 at 6:12 am #

    The government is a part of this problem but not because government is inherently a problem. It is a problem because it has come under the control of the ultra-rich 1%. And people like upthecreek and BishopDude have been duped by these 1% into thinking that somehow amassing wealth at the expense of the rest of us is somehow “The American Way” and that with enough smarts and hard work anyone can join the 1% club.

    • BishopDude November 8, 2011 at 10:24 am #

      Sorry liberals are the ones who have been duped… I make my own wealth and don’t depend on the Government to take care of me which is what OWS is demanding. I don’t want to live in a world where everybody is equally wealthy. Why should someone like me who works two jobs has paid off all personal debt, who has no credit cards but has money in the bank that I have earned, who is saving to buy a house with cash (no Mortgage), who buys good used cars with cash, spread my wealth to lazy asses who don’t want to work and expect a handout. I will continue to work hard and I will give money to those who deserve it. I will choose who I want to help, not the government. I will support organizations like the Salvation Army or Samaritans Purse who are not corrupt like the American Red Cross. Capitalism is better for Americans not your Socialist Views.

  13. CarbonFootPrint November 8, 2011 at 3:50 pm #

    Hey Benett, is this a news piece sprinkled with a bit of opinion?

    The situation in this country reminds me of my kids “group work projects” the teachers give in class. The teacher picks a group of students consisting of the highly motivated along with the lazy ones. The highly motivated kids are polite in class, respect the teacher and work hard to earn their grades. The lazy kids are disruptive in class, disrespect the teacher and cheat off the other kids to keep their grades up. The highly motivated kids already know what to expect from the lazy ones, due to past experience. They all participate in the group project, with the highly motivated kids doing all the work because they want to get a good grade. The lazy ones just sit back and ride the coat tails of the highly motivated kids. The teacher gives the project an A. The lazy kids are happy and the highly motivated ones are pissed because they did all the work.

    Fast-forward 20 years. The highly motivated kids have gone out and become successful in their lives. The lazy ones, well….. they haven’t done so well and are whining that they don’t have it as good as their old classmates, the highly motivated. The highly motivated have no sympathy and are actually pretty apathetic. They remember the group projects in school and vote for people who support personal responsibility and self-reliance. The lazy ones also remember the group projects and vote for people who will give them “entitlements” because they think they’re entitled to the fruits of the labor of the highly motivated.

    Wake up people!

    Roughly 53% Americans pay payroll taxes to the government whereas 47% don’t. This is not sustainable. When the tax-takers outnumber the taxpayers, it’s going to get rough for all of us.

    • Benett Kessler November 8, 2011 at 5:14 pm #

      Dear Carbon,
      Many legitimate news sources continue to report the greedy habits of banks, Wall St. and many large corporations. There is just so much money and if the top few percent hold the majority of it, those in the lower percentages will suffer. Several sources have documented the irresponsible behavior (betting that mortgages would fail) by Wall St. banks that generated billions for them and nearly sent our country into a depression. Do you really think CEOs need multi-million or even billion dollar paychecks? See how people live these days and how they struggle. Not because they are lazy but because they were in the middle class which is currently disappearing. They are not kids goofing off in a classroom. They are hard working people who can no longer afford food, gas, health insurance, health care and college for their kids. Try compassion first. If the big wigs did, our country would have far better days. It’s great that your life is working for you, but a growing number do not have it so good. Even some billionaires realize the inequities. Why do you think Warren Buffett advocates higher taxes for the wealthy? Self righteous hate of our neighbors will not get America where it needs to go. How about a helping hand. Let the law take care of the bad guys. We’re in this together. Let’s do what helps all of us.
      Benett Kessler

      • tom November 8, 2011 at 6:22 pm #

        So what are your numbers? What income do you think is fair for these people, and then divide all that money you are going to TAKE from them by the number of the people in the U.S. and how much more is each person going to get?? What are you numbers, and please substatiate. ((Remember footnotes (aka proof of what you are saying) when you were in college doing papers??)).

        • Benett Kessler November 8, 2011 at 7:38 pm #

          I’m not talking numbers. I’m talking ethics and decent behavior. If each individual developed a conscience and wanted to contribute to society, we would be okay. If conscience doesn’t exist, regulation has to.

          • John Barton November 9, 2011 at 7:30 am #

            A local woman earned $1,000,000 + selling the call sign for her radio station (sound familiar?). Isn’t America and its business interests great? Corporate America can even make people in the Owens Valley millionaires. Hmmmm. Small world!

          • P&B November 9, 2011 at 9:07 am #

            Unfortunately the politicians and their administrators (lackies) only form conscience is the same as the wealthy corporations/organizations/lobbyists that “own them” and therefore the regulations will NEVER be enforced as they need to be or were intended to be. Just look at what was released today about the federal regulators determination of BP’s responsibility – to clean up only the oil that can be proved to originate from their catastrophe!!!! (Nice to see that Obama continues to enforce Bush policies – actually it’s enough to make a person ill))

            Truth is if the regulators would do their job and enforce the law they would immediately be out of a job – the wealthy constituents complain to the governmental officials when they are tagged. It’s only when the criminal act is so outrageous (the Gulf Oil Spill for pity sake!!!) that “some” action is taken. This is all pervasive and in all aspects of the American political system – another truth is that the smaller the community (rural counties and cities) the more pronouced it is.

            Politicians and their lackies are definitely NOT ethical or decent, the current system eliminates those kind of people even before they have a chance to participate – sad that this will not change in our lifetimes…..

          • Tom November 9, 2011 at 5:16 pm #

            And who makes that decision? That’s EXACTLY what Lenin and Hitler did. They decided that they were smarter than the populace and they were there to save the people from themselves. Wow you have definately played your hand. Scary. And who is the chief decider of whether regulation should take over from free choice? Very scary.

          • P&B November 10, 2011 at 7:41 am #

            Actually the people who decide on the regulations are the elected legislators and I agree it is “scary” when you recognize the truth that they are manipulated by the wealthy that “own them”. Another thing that is “scary” is when people like Tom throw out unsubstantiated polarizing accusations that include references to genocidal maniacs like “Hitler and Lenin”. This tactic is specific to perpetuating fear in people rather than clear thinking.

            Regulations created by legislators are reactive measures to mitigate lawsuits by people like Tom when they complain that “Big Brother” didn’t follow the peoples mandate to protect them from themselves and others actions and “Acts of God”. Good examples of victims of others actions lately are people that had their lives stolen by Madoff, George Bush Jr. – Dick Cheney – but don’t worry Tom, they would gladly “water board you” until you agree with the way they think and eagerly admit to it publicly!! Blind selective senility must be a warped blessing…..

        • Rob November 9, 2011 at 8:25 am #

          What does FAIR have to do with it? Life is not fair.

          And what’s fair is something unfair.

          so I ask again, what’s fair have to do with it?

          • Rob November 9, 2011 at 8:26 am #

            oops “What’s fair is sometimes unfair”.

            I need to finish at least one cup of coffee before I post.

        • STEVEN November 9, 2011 at 9:40 am #

          Here are some realistic numbers to ponder!
          I make 38,000 a year here in mammoth. My wife makes 19,600. Total:$57,600
          This is a wage that puts us barely in the category of “MIDDLE CLASS”
          Our yearly budget is as follows:
          Rent: $16000.
          Utilities: $4956.
          Mammoth Von’s: $4800.
          Car payment: $4440.
          Car maintenance: 2000.
          Car insurance 2 cars: $1800.
          MED insurance: $3000.
          Clothes: THE CAST OFF and on line purchases only: $1500.
          Pet food: $360.
          Veterinarian and unforeseen vet costs: APPROX 200.
          Charity donations: $200.
          XMAS: 400.
          Taxes: ???????????
          Other unforeseen living expenses: Who knows!
          Other unforeseen car repairs: Who knows!
          TOTAL KNOWN EXPENSES: $39656.
          That leaves us $17944.00
          With unknown expenses that are always abound, it leaves little for us to save, let lone go out to supper and vacation, or just buy some fun things once and awhile.
          This said, how is it fair that the millionaires and Billionaires are crying about paying an extra $800.00 in taxes each year to help ease the burden in this floundering Country? Why? Because most of them are greedy, selfish, foolish and downright ROTTEN! Thats why.

          • Tracy November 9, 2011 at 1:27 pm #


            For what you’re paying in rent I would suggest buying a home to build equity and take advantage of low interest rates and low housing prices. That may require relocating to Bishop to find property within your budget but lots of folks are moving much further away than that just to be able to buy and make their job earnings stretch further. You will be money ahead 5 years from now!

          • Tom November 9, 2011 at 5:32 pm #

            So HOW Much do you want to TAKE from them? And is it all going to you or is it going to be REDISTRIBUTED to others? And how much will each person get? And what happens when this Millionaire YOU have decided is making too much decides to move his business to a more tax friendly country?? What happens when that person/corporation that YOU have restricted on his/it’s income sees that a foreign country won’t tax him at all and has plenty of cheap labor available? Guess what’s going to happen? Jobs go to wherever taxes are lower for the business. Do the Math folks. Great Cum- bi- ah thoughts, but business wise, not so good. Greece and France and the old Russia aren’t doing too well with the ole redistribution of income/entitlement program philosophy, are they? Socialisists are quite successful until they run out of OTHER PEOPLE’s money. P.S., utilities 4900/ yr? Man, turn down the heat and turn your lights off.

          • Benett Kessler November 9, 2011 at 7:10 pm #

            Suggestion: What would you call the wholesale looting of money by Wall Street firms who bet on mortgages and other financial instruments to fail. Re-distribution of wealth.

          • upthecreek November 9, 2011 at 6:10 pm #


            You need to get a Public servant job..


      • Kendra November 10, 2011 at 8:37 am #

        This is definitely an opinion piece, not news. As far as Warren Buffet thinking that the rich should pay more in taxes, he is certainly free to do so, yet he does not. I can’t imagine the IRS turning him down. That’s a whole lot of talk, but certainly no action. OWS is a joke. If you want more money, get a job, don’t whine about how nobody is sharing their money with you while you squat with the homeless in a park. (I realize that is not happening in Bishop….yet.)

  14. Reg Reagan November 9, 2011 at 6:49 am #

    It’s too bad that everyone who has a solution for everything is at home commenting on the internet.

    I would hope that these people have the solution because if they don’t have a better solution, they’re nothing more than a bunch of whiners. I have a hunch that most don’t have the solution. Aggressive and destructive criticism is only credible and respectable if the criticizer has a better solution. Even a toddler can sit and whine. It takes some intellect to actually think of a better solution.

    Ask any “Occupier” for a solution, and I’d bet you wouldn’t get a concrete solution that would actually work nor one that is well thought out. If these people really want to make a difference, “occupying” things isn’t going to do much. While the “occupation” certainly sends a message of discontent, it offers absolutely no suggestions for a proper course of action. It kind of reminds me of an angry toddler throwing a temper tantrum. While the toddler is obviously dissatisfied, the toddler lacks the knowledge and communication skills needed to resolve the situation.

    On the bright side, maybe some of the lazy unemployed have found a new “occupation” in this while the resilient unemployed are out looking for a real occupation.

    • STEVEN November 9, 2011 at 9:47 am #

      More Taxes for the filthy rich! There’s one of my solutions.
      I have other ideas too, however, you need to be filthy rich to become President of the United States.
      I am far far from that!
      With the third grader mentality in Politics these days, I doubt anyone will ever come up with a concrete solution to this Countries massive debt and $ problem. Remember! It’s only a money problem if you have hardly any.

    • Harry November 15, 2011 at 4:57 pm #

      Reg Reagan

      Those who are protesting, OWS, did not create the problem and they do not have to come up with a solution they are providing a great service to America and Americans. When the masses speak out those in power need to listen, clean up their act and remember it is the masses that will have their say on election day.

      By the way I didn’t see where you offered a solution either.

      • Reg Reagan November 16, 2011 at 7:31 am #

        A great service? What service? The occupiers can’t even agree on why they are “occupying.” It has become just a trendy way to get out and whine about the injustices they blame on Wall Street. Some of these are legitimate and some aren’t. Until they actually focus their efforts towards tangible political action, the OWS band wagon will just be all talk and no walk. And by talk, I mean whine…

        “Woe is me!”-Typical OWS protester

        Also, I do not claim to have a solution, therefore I would not offer one. I am not whining about my hardships. Instead, I choose to work hard and overcome them. I don’t care to sit back and hope somebody else fixes them for me. For a hard worker like me, I am not too concerned with Wall Street. It has yet to stop me from earning a decent wage and supporting my family. I am also not taking any side on the issue. I do believe that our system is broken and desperately needs to be fixed. I am not a politician and I don’t claim to have the answers. If I had a solution to the problem that I felt was legitimate, I would do my best to communicate it to others. One thing I do know is the OWS will never be effective with their current methods.

  15. BishopDude November 9, 2011 at 1:38 pm #

    I AM THE 53% of Americans who actually pay taxes. How many of the OWS are actually in that percentage? Maybe OWS protesters should actually pay taxes and help America out.

    • STEVEN November 9, 2011 at 5:27 pm #

      More Taxes! And the banks may take it from me! I like a more simplistic life. I will always rent.

      • Harry November 15, 2011 at 5:05 pm #

        BishopDude – I’m proud of you for paying your taxes. I too pay my taxes and I’m sure that many others of us who support the OWS movement do too. But you seem to miss the point, OWS is not about taxes it’s about Wall Streets actions that hurt everyone, including you.

  16. upthecreek November 9, 2011 at 6:08 pm #


    “I would suggest buying a home to build equity and take advantage of low interest rates and low housing prices”

    Will you put that in writing and Guarantee it?

    You must be a realtor.

    • Tracy November 9, 2011 at 6:26 pm #

      No, I’m not realtor but I have common sense to not sit around and whine about what I don’t have and all the shoulda-woulda-couldas in my life.

  17. tom November 10, 2011 at 10:44 am #

    Bennett, it’s called free enterprise, right or wrong. The whole mortgage fiasco was started by Sen.’s Dodd and Frank REQUIRUING finace instituitions to loan money on homes to people who couldn’t afford homes, because they thought that everone deserves a home (whether they could afford one or not). Thus the no down, no interest loans with interest rates skyrocketing after in the third year of the loan. What part of “your payment the first 2 years is 900/ month but starting year 3 it will go to 1800/ month” didn’t these people understand? And also many investors jumped into buying homes on speculation, taking advantage of the low interest rate, no down, loans and hoping to sell the home at a profit before the monthly payment would go up. Then the prices fell, these speculators lost and just walked away from the loans thus creating the foreclosures and the bottom falling out of the home market. These types of laons weren’t pushed by the banks before Dodd and Frank required the banks to do so.
    Like Herman Cain said last night in the debate, “In order to fix the housing crisis, we have to get rid of the Dodd/Frank amendment, then we have to get rid of Dodd and Frank.”

    When government starts telling businesses how to run their business its a recipe for disaster.

    • Charles James November 10, 2011 at 5:28 pm #


      First, let me apologize for the length of this response.

      Your explanations are simplistic and wrongheaded in so many respects that it’s hard to know where to even start to address them. Your reference to Dodd/Frank requiring finance institutions to loan money to people who could not afford them is complete nonsense. Todd/Frank came after the mortgage crisis, not before.

      No such regulation as you describe “requiring finance institutions to loan money to people who couldn’t afford a home” has never existed. The nearest that any regulation might come to it might be found in the 1977 Community Reinvestment Act (CRA) which encouraged commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.

      Republicans and Democrats have supported the idea of lowering the threshold for loans to encourage the growth in the housing market. The sad truth is that large banks and financial institutions, using their enormous influence with both Democrats and Republicans lawmakers and regulatory agencies, are largely responsible for the debacle through deregulation. It had nothing to do with too much regulation, in fact, quite the opposite.

      It is more likely that the root cause of the mortgage crisis began on November 12, 1999, when Bill Clinton signed into law the Gramm-Leach-Bliley Act repealing the Glass-Steagall Act of 1933, which had until then separated commercial banking from investment banking. With very little restraints on banks and poor oversight, the free-for-all started, not so dissimilar to the Savings and Loan debacles in the 1980’s and 1990’s created by deregulation of that industry, giving them many of the capabilities of banks, without the same regulations as banks.

      Just as deregulation of the S&L’s resulted in disaster, greed took over on Wall Street and large banks and financial institutions. It is no big secret that the average American is generally financial illiterate. Most are busy just trying to earn a living and rely on “experts”. Sadly it’s not hard for unscrupulous financial institutions and unethical people to hold out that owning a house as the equivalent of having a goose that laid golden eggs.

      Complicating matters, conditions placed on Fannie Mae and Freddie Mac force them to take over loans from commercial banks, including risky loans, so those banks can then turn around make more loans, simply taking risk away from the banks. Essentially it allowed them to privatize profits (keep the ones making money) and socialize by dumping risky and sub-prime mortgage loans backed by speculative credit default swaps and other toxic assets onto the taxpayer-backed Fannie and Freddie. There was no real risk to them. They got greedy…really greedy.

      Federal Reserve’s Greenspan and Bernanke also kept interest rates artificially low, adding to the problem as unscrupulous finance companies and banks could borrow money at low-interest , and then place adjustable mortgage rate loans with balloon payments onto unsuspecting, and admittedly not very financially savvy American homeowners. Homeowners were led to believe that they could not lose; that housing prices would continue to rise, and that they could use their home as a bank through refinancing at an initially high interest rate that after a few years with even higher home values, you could then refinance at a lower rate.

      On February 29, 2011, the Financial Crisis Inquiry Commission (FCIC), which exhaustively studied the causes for the financial and mortgage crisis, released its report. Nothing in that report substantiates any of your claims, especially anything to support your comment that “When government starts telling businesses how to run their business its (sic) a recipe for disaster”.

      What the report did find was that the crisis was avoidable and if anything resulted from a lack of effective government regulation, oversight and enforcement, reckless financial institutions acting unethically, with no transparency of their balance sheets, and the failure of credit agencies to do their job, to mention just a few.

      • tom November 11, 2011 at 10:09 am #

        Charles James. Yes you are correct in that I referred to the wrong Act (Dodd/Frank). Wrong title, but right persons. My sentiment is still the same and maybe this will better explain my opinion:

        No doubt there were various factors at work that caused the mortgage crisis. Democrats and their friends in the media like to blame the Reagan-era deregulation and many conservative commentators wish to blame the Carter-era Community Reinvestment Act, while others point to other causes.

        One undeniable factor, if not the primary factor, was the irresponsible practices of Fannie Mae and Freddy Mac. Fannie and Freddie do not make loans of course but purchase the paper of the mortgage companies that do make the loans.

        In the 1990’s, encouraged by the Clinton administration as a means of advancing homeownership, Fannie Mae and Freddie Mac started buying sub prime loans. Previously there was a much smaller market for sub prime mortgages, but with Fannie and Freddie buying the paper the availability of sub prime loans skyrocketed. With time-tested lending practices out the window, these two institutions ended up controlling 90% of the secondary market for mortgages. Those within the organizations who raised objections to the irresponsible lending being encouraged by Fannie and Freddie were overruled and eased out.

        Fannie and Freddy began hiring Democratic operatives as CEO’s and upper management.
        At the same time, Fannie and Freddie began making huge contributors to Congress, spending millions to influence votes. While some Republicans also received financial contributions from the two institutions, most of the money went to Democrats. Top recipients of those campaign contributions were BARNEY FRANK and CHRIS DODD, the Chairmen of the Committees that should have been providing over site of the two financial giants. Barack Obama and Hillary Clinton were also among the top receipts of Fannie and Freddy campaign contributions.

        Wall Street investors liked the new arrangement and the easy money. Democrats liked the votes they could garner by being the party that advanced homeownership and they liked the dependable source of campaign contributions. This was the “crony capitalism” that led to the crisis.

        By the early part of this decade it became clear that Fannie and Freddie were advancing a market in risky loans. If these practices continued an economic meltdown was inevitable. In 2004 Fannie Mae was caught in an accounting scandal overstating their earning and their financial stability. Congress conducted dozens of hearing and Democrats defended Fannie Mae and denied that a problem existed.

        Principled Republicans, let by John McCain, called for the reform of Fanny Mae and Freddy Mac and President Bush proposed a bill to tighten regulation of the institutions. (For a record of the Bush administrations efforts to rein in Fannie Mae see Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs)

        The bill to tighten regulation over the Government Sponsored Enterprises (Fannie and Freddie) was introduced in Congress in January 2005 but Democrats blocked it. If one single person gets credit for blocking reform that could have averted the mortgage crisis it has to be BARNEY FRANK. (See, Fannie Mae’s Patron Saint)

        While there are other factors at play that led to the economic meltdown, the bulk of the blame must be laid at the feet of Congressional Democrats who turned a blind eye to what was going on, benefited from it, and blocked reform that could have averted it.

        My thrust of my previous comments and the above, is that the OWS people seem to want to be GIVEN a share of the wealth (although there doesn’t seem to be any official and unified goal of OWS this semms to summarize their main thrust. The philosophy of doing so I think is akin to the practice of making home loans to people who really don’t qualify and thus leads to problems like the Mortgage crisis.

        • P&B November 11, 2011 at 11:45 am #

          Tom you need help – “Democratic operatives”/”principled Republicans” (*gag/choke/spit*) You are out there!!! SCARY!!!

          Next the socialist pinkos will be coming for you and McCarthy is nowhere around to protect you!!!

          • tom November 11, 2011 at 2:43 pm #

            P&B. Don’t need McCarthy..we’ve got Glenn Beck!
            Heh heh, that out to set you off again!

        • Bobbie Lee Swagger November 11, 2011 at 5:47 pm #

          Sorrry. Your master plan to rewrite history has failed. NOTHING will change the FACT that W. Bush, the “decider”, was 100% in charge when the economy/banks blew up (and had been for 8 years).

          Nice try though.

          • tom November 12, 2011 at 8:23 am #

            Bobbie Lee, watch this (and listen) and pay particularly close attention to what Clinton says at the end. Bush and the Republicans saw the problem but were thwarted from fixing it by the Democrats. There are more you tube videos regarding this if you want me to list them.


  18. tom November 10, 2011 at 3:27 pm #

    Benett, on a side note, it would be nice if there was an “edit” button so one could correct spelling, etc. after posting. Also it would be nice to have a “quote” button so one could quote the comment that one would like to comment on.

    • Bobbie Lee Swagger November 11, 2011 at 12:59 am #

      Right on.

  19. STEVEN November 11, 2011 at 6:53 am #


  20. Charles James November 11, 2011 at 2:05 pm #


    Thanks for your considerate response.

    Fanny and Freddie did played a role in the fiscal crisis, although it has been found that theirs was a very limited factor in the financial collapse. It was mostly greedy bankers and other financial institutions that created the mess. It was also greedy homeowners, realtors, and credit rating companies.

    It was neither just Democrats nor Republicans at fault– it was both parties that brought this upon us! The Bush administration was successful in pushing through a lot of legislation, but you’re telling us that they just couldn’t pull this critical one off? That’s a disingenuous argument. We need to realize our problem isn’t with Democrats or Republicans…it’s with our government under BOTH of these parties! They both are destroying our country.

    The following quote explains the problem facing Fannie’s and Freddie’s ill-fated decision to hop on the risky mortgage bandwagon.

    “It was inevitable given their inherently contradictory missions, housing specialists said in interviews.”

    “For 40 years, they functioned as publicly traded companies controlled by shareholders who demand profits. But they also operate under a congressional charter, as government-sponsored enterprises (GSEs), to keep credit flowing in minority and low-income communities. The charter also carried an implicit guarantee that if the companies got into trouble, the taxpayer would bail them out.”

    “To follow their mandates, the companies developed two key lines of business. One is to buy mortgages from lenders, which can then use the money to offer new loans to consumers. Fannie and Freddie bundle the loans, guarantee them against default and sell them as securities to investors such as pension funds. The second line of business is management of their own investment portfolios.”

    The sad thing is that millions of Americans have been harmed by this fiscal crisis…and it was one of our own making. We are the ones that continue to vote the same politicians into office, again and again.

  21. P&B November 13, 2011 at 9:53 am #

    These items were only part of what eventually was sold as the TARP bailout. The epitome of “dirty politics’ culminating the the raping of the American tax dollar once again by Big Business supported by the current political system. The federal hearings on this clearly showed just how rotten this scheme was and how the Obama administration just perpetuated the Bush policies with only Big Business coming out the winner by manipulating the Markets’ gambling table with the billions given to them. It is noticeable that no news agency has reported this as politicians “don’t want to enflame the taxpayers anymore” keep the news focused on baby stories and happy endings.

    Add this onto the monies being spent in the dirty wars that the Bush administration sold and Big Business is laughing all the way to the banks and politicians they own. The oil money was just icing on the cake compared to the taxpayer dollars funneled to the private contractors working for the US overseas – some did not even need to submit a bid and were awarded on the basis of association. Even the missing of the billions in US cash sent to Iran turned out to be an unsolved mystery – notice how that story also fell off the news as they “don’t want to enflame the taxpayers anymore” keep the news focused on baby stories and happy endings.

    The system is so sick that speaker Boehner and others openly laugh on television interview about polls indicating taxpayers dissatisfication at Congress behavior – it means nothing to them as they are one and the same with Big Business eagerly harvesting the small person at every chance.

    The only thing they will pay attention to are successful movements like OWS and eventually putting them out of a job – term limits are a must!

    • Bobbie Lee Swagger November 14, 2011 at 8:09 pm #

      Great post.

    • Harry November 15, 2011 at 4:40 pm #

      You have the power to establish term limits – VOTE them out. This current group will never enact anything to limit their time at the Wall Street trough.


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