EnduringSense

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Posts Tagged ‘Occupy Wall Street’

Hannity Exposes Occupy Wall Street Greed

Posted by Steve Markowitz on May 8, 2012

Last week Sean Hannity interviewed a foot soldier of the Occupy Wall Street movement  that was telling.  In the video below, Harrison Schultz made outrageous claims including: Those were the people that the NYPD was sending to the park to discredit us and make us look bad,” and the NYPD was sending rapists down to the park,” referring to the rapes and other happenings that occurred during the Zuccotti Park Occupy takeover.

As outrageous as Schultz’s above claims are, they pale in comparison to his statements in the video concerning all sorts of luxuries that should be free and supplied by the government; i.e. taxpayers.  This demonstrates realities behind many of the Left’s demands; greed, plain and simple.  These Progressives want what others have and do not want to expend sweat equity in the process.

Leftist politicians like Barack Obama and Nancy Pelosi have embraced the Occupy movement for personal gain.  While they are already members of the one percenters, it is their lust for power that has brought then and the Occupy freeloaders together.

Posted in Occupy Wall Street | Tagged: , , , , | Leave a Comment »

Hannity Exposes Occupy Wall Street Illogic

Posted by Steve Markowitz on May 5, 2012

Earlier this week Sean Hannity interviewed one of the foot soldiers of the Occupy Wall Street movement and it was telling.  In the video posted below, Harrison Schultz made outrageous claims including: Those were the people that the NYPD was sending to the park to discredit us and make us look bad,” and the NYPD was sending rapists down to the park,” referring to the rapes and other behavior that occurred at the Zuccotti Park Occupy takeover.

As outrageous as Schultz’s claims above are, they are laughable when compared to his statements in the video that all sorts of luxuries should be free and supplied by the government; i.e. taxpayers.  This is one example that demonstrates the realities behind many of the Left’s demands; greed, plain and simple.  These Progressives want what others have and do not want to expend sweat equity in the process.

Leftist politicians like Barack Obama and Nancy Pelosi have embraced the Occupy movement for personal gain.  While they are already members of the one percenters, it is there lust for power that has brought then and the Occupy freeloaders together.

Posted in Occupy Wall Streed | Tagged: , , , , , | Leave a Comment »

Columbia University Offering Credit Course on ‘Occupy Wall Street’

Posted by Steve Markowitz on January 2, 2012

Here’s one of those incredible stories that you just can’t make up.  The AP has reported that Columbia University is offering a course for upperclassmen next semester titled “Occupy the Field: Global Finance, Inequality, Social Movement”.  Yes, this is a course designed to study the Occupy Wall Street movement.

The ridiculous course is been offered by Columbia’s Anthropology department and is being taught by Leftist professor, Dr. Hannah Appel.  This is yet another example as to how Leftist elitist educators are ruining America’s educational institutions.  With the exception of Progressives in government, few employers will choose a job candidate based on their studying the Occupy movement.

As reader Jim Mahoney said when submitting this incredible story: “It just keeps getting better.”  To that this blog and “yikes”!

Posted in Education | Tagged: , , , , , | 1 Comment »

Working to Pay Taxes

Posted by Steve Markowitz on December 31, 2011

It is New Year’s Eve and we are about to begin another year.  For working Americans that means once again working to pay taxes.  Unfortunately, Americans are working longer merely to pay taxes.  According to Forbes magazine, by January 22 in 1900 the average American worked long enough to pay their entire tax bill due that year.  By 1930 that that time frame stretched out ti to February 12.  Currently, it is estimated that the average American needs to work until April 12 just to make enough to pay their tax bills.

While the government has proven unable to control spending, it is adept at increasing revenues, often by adding taxes to all sorts of goods and services.  There is no better example of this than the myriad of taxes added to airline tickets including:

Domestic Flight Taxes:

  • 9/11 security fee: $2.50
  • Ticket excise tax on domestic flights: 7.5%
  • Flight segment tax on domestic flights: $3.70
  • Arrival and departure fees: $8 per U.S. flight

International Flight Taxes:

  • Departure and arrival taxes: $16.10
  • Agricultural inspection fee: $6.00
  • Customs user tax: $5.50
  • Immigration user tax: $7

Another example is a new tax that has been included in Obamacare.  Starting in 2012, the amount employers pay for health care benefits must be listed as an income on workers W-2 forms.  This will increase the taxable income and ultimately individual taxes.

The increasing tax burden on working Americans shows the fallacy of those Progressives who would raise them even further.  It is further proof that the problem of America’s deficit was caused by excessive spending, not taxes that were too low.

It has been estimated that approximately 50% of Americans receive more from the government then what they pay in taxes.  This has created a large pool of potential voters that are all for higher taxes, which they would not have to pay.  In addition, those working for the government including politicians and bureaucrats are in a business that requires ever-increasing taxes in order for them to continue increasing their wealth.  These two powerful special interest groups make it very difficult to contain government spending.

As we enter the 2012, working Americans should remember that for the next 14 weeks we will be working to pay our taxes.  Don’t expect a “thank you” from the Occupy Wall Street movement.

Happy New Year.

Posted in Taxes | Tagged: , , , | Leave a Comment »

Wealthy Occupy Wall Street Backers Show Hypocrisy

Posted by Steve Markowitz on December 29, 2011

 Newsbusters.org yesterday published an article that that demonstrates the hypocrisy emanating from the Left.  Progressives often use class warfare rhetoric in pursuing political agendas.  While such rhetoric is unproductive at best when animating from middle America, it is out right hypocrisy when coming from wealthy Leftists.

The following are examples of the rhetoric reported by Newsbusters.org:

Roseanne Barr – Ms. Barr worth $80 million, was quoted: ”I do say that I am in favor of the return of the guillotine and that is for the worst of the worst of the guilty.  I first would allow the guilty bankers to pay, you know, the ability to pay back anything over $100 million [of] personal wealth because I believe in a maximum wage of $100 million.  And if they are unable to live on that amount of that amount then they should, you know, go to the re-education camps and if that doesn’t help, then being beheaded.”  Hmmmm …. Ms. Barr’s uncivil call would affect 13 other celebrities who support the Occupy Wall Street movement.

Yoko Ono – Reportedly worth a cool $500 million, said “John is sending his smile to Occupy Wall Street.”  John may be smiling, however, Ms. Ono is given of the buck.

Jane Fonda – Hanoi Jane, worth $120 million, is at it again stating: ”Any country that has a very, very small narrow layer, of very rich powerful privileged people and no middle class and the rest are just really struggling and some of them not making it, is a country that’s not going to be stable.”  Should Ms. Fonda live by what she preaches, my giving $100,000 away to individual families, she could instantly bring 1,000 of them into the middle class.

Al Gore – The father of global warming has done quite good with his gig is reported to be now worth $100 million. He has said that Occupy Wall Street, is a ”true grassroots movement pointing out the flaws in our system.”  Father Al is yet another leftist to not practice what he preaches sticking with his private jets and corporate boards of the very types that the Occupy movement supposedly is protesting.

Alec Baldwin – While Baldwin the space of heavy sugar as a spokesman for Capital One Bank, he has the nerve to bite the hand that feeds him stating: ”the bailouts the US government gives major corporations every day’ and ‘the excessive fees forced on customers by certain banks”. It is clear that a high IQ didn’t help Baldwin amass is $65 million.

Michael Moore – It is reported that Moore owns a 10,000 foot vacation home and purchased a car for $1 million, but still had the audacity to deny he was part of those terrible one presenters on CNN’s ”Piers Morgan Tonight.’  While Moore’s guilt is understandable, that does not justify lying.

Dan Rather – Rather, reported to be reportedly worth $70 million, said: ”we are living in an age when big money owns everything, including the news.”  How true Mr. Rather given the wealthy Leftists that one the mainstream media.

Newsbusters.org published the list below with 25 ultra-wealthy Occupy Wall Street supporters.  This group’s total net worth exceeds $4 billion and speaks to the hypocrisy that emanates from Leftist elitists.  Their significant lifetime efforts and success in gathering capital at the expense of others is the antithesis of the philosophy expressed by the Occupied Wall Street movement.  One of their owns suggestion, even tongue-in-cheek, that the guillotine should be considered for the top 13 on the list indicates a combination of stupidity and arrogance that proves intelligence is not needed to gathering wealth.

1. Yoko Ono – $500 million

2. Jay-Z – $450 million

3. David Letterman – $400 million

4. Stephen King – $400 million

5. Russell Simmons – $325 million

6. Sean Lennon – $200 million

7. Mike Myers – $175 million

8. George Clooney – $160 million

9. Brad Pitt – $150 million

10. Don King – $150 million

11. Roger Waters – $145 million

12. Jane Fonda – $120 million

13. Miley Cyrus – 120 million

14. Al Gore – $100 million

15. Roseanne Barr – $80 million

16. Deepak Chopra – $80 million

17. Kanye West – $70 million

18. Dan Rather – $70 million

19. Alec Baldwin – $65 million

20. Matt Damon – $65 million

21. Tom Morello – $60 million

22. Mia Farrow – $60 million

23. Katy Perry – $55 million

24. Michael Moore – $50 million

25. Susan Sarandon – $50 million

Posted in Occupy Wall Street | Tagged: , , , , , , , , , | Leave a Comment »

Occupy Protesters Turn on President Obama

Posted by Steve Markowitz on December 1, 2011

Last evening President Obama visited New York City for yet another one of his campaign fundraisers.  The New York Times reported he was met by Occupy Wall Street protesters who marched to the midtown location.  They held signs stating their complaints about the President that included “Obama is a corporate puppet,” and “War crimes must be stopped, no matter who does them,”

Ben Campbell, who helped organize the march, concluded that “President Obama is coming to town solely to raise money from the richest of the rich.”  The Occupiers are starting to get it when it comes to Obama.

Just a few weeks ago Obama attempted to harness the Occupy movement for political gain with statements of public support.  While it is amusing to watch the Occupiers turn on Obama, it also shouts out the weakness of this president.  While the Occupy movement has not clearly stated goals or demands, it has made it clear that it doesn’t want wealthy special interest groups bailed out.  For the President to believe that he would not be called to task for these unfair and failed governmental interventions under his watch is either incompetence or arrogance.

Posted in Occupy Wall Street, President Obama | Tagged: , , , , | Leave a Comment »

Sarah Palin Gets it Right on the Tea Party, Occupy Wall Street and Political Corruption

Posted by Steve Markowitz on November 18, 2011

An American proverb states: “Don’t judge a book by its cover”.  This is one of many that Progressives just don’t get.

She’s a woman, married to the same man for 20-plus years, a mother, attractive, not a graduate of an Ivy League school, religious and a political conservative.  To Liberals, that makes her unintelligent and fare game for attack.  She is Sarah Palin.  But Palin is more than some list adjectives.  She is a self-made success that should make her the poster women for the feminist movement.  However, that movement has degenerated into a mere puppet of the Radical Left.

Ms. Palin published an op-ed in today’s Wall Street Journalthat correctly points to the major challenge facing America today; the corruption of the political and elitist class (How Congress Occupied Wall Street).  This corruption is supported by a Congress that is exempt from laws that apply to We the People for whom they are suppose to be working, including Whistleblowers statutes and Freedom of Information Act requests.

 

The Problem:

Palin simplifies the problem by asking a series of questions:

  • How do politicians who arrive in Washington, D.C. as men and women of modest means leave as millionaires?
  • How do they miraculously accumulate wealth at a rate faster than the rest of us?
  • How do politicians’ stock portfolios outperform even the best hedge-fund managers’?  I answered the question in that speech.

The Immoral Acts:

Palin the offers examples of inappropriate, but technically legal, actions of members of Congress in both political parties that include:

  • Accepting sweetheart gifts of IPO stock from companies seeking to influence legislation.
  • Insider trading with nonpublic government information.
  • Earmarking projects that benefit personal real estate holdings.
  • Subtly extorting campaign donations through the threat of legislation unfavorable to an industry.

The Solution:

In typical Palin, her proposed solutions are simple to understand and implement, which is why they are so opposed by mainstream politicians and elitists:

  • Congress should be subject to the Freedom of Information Act like everyone else.
  • We need more detailed financial disclosure reports, and members should submit reports much more often than once a year.  All stock transactions above $5,000 should be disclosed within five days.
  • From now on, laws that apply to the private sector must apply to Congress, including whistleblower, conflict-of-interest and insider-trading laws.
  • Trading on nonpublic government information should be illegal both for those who pass on the information and those who trade on it.  (This should close the loophole of the blind trusts that aren’t really blind because they’re managed by family members or friends.)
  • No more sweetheart land deals with campaign contributors.  No gifts of IPO shares.
  • No trading of stocks related to committee assignments.
  • No earmarks where the congressman receives a direct benefit.
  • No accepting campaign contributions while Congress is in session.
  • No lobbyists as family members, and no transitioning into a lobbying career after leaving office.

Palin’s conclusions are as transparent as her problem definition. “Politicians derive power from the authority of their office and their access to our tax dollars, and they use that power to enrich and shield themselves.  ……  This call for real reform must transcend political parties.  The grass-roots movements of the right and the left should embrace this.  The tea party’s mission has always been opposition to waste and crony capitalism, and the Occupy protesters must realize that Washington politicians have been “Occupying Wall Street” long before anyone pitched a tent in Zuccotti Park.”

Most not inflicted with Palin Derangement Syndrome (PDS) will agree her observations and proposed solutions.  Those still bothered by PDS will need to wait for the cure.  Maybe it will be covered under ObamaCare, should Congress be able to fund it.

Posted in Congress, Corruption, Sarah Palin | Tagged: , , , , , , , , , , | 2 Comments »

Occupy Wall Streeters Cleared from Zuccotti Park

Posted by Steve Markowitz on November 15, 2011

Early this morning New York police cleared Zuccotti Park of Occupy Wall Street protesters.  The City informed the protesters that the park will be “cleared and restored” within hours and that the demonstrators could then return to it, but without the tents or camping equipment.  The City also indicated that it took this action because it believed the site to be a “health and fire safety hazard.”  Some protesters resisted and were arrested with the chants of “Whose park?  Our park!”.

President Obama and some Leftist colleagues portray the Occupy movement as the Left’s version of the Right-leaning Tea Party movement.  That view is telling and differentiates how the Left and Right view the rule of law and civic duty.  The Tea Party held many rallies over many months without a Tea Partier being arrested.  In addition, sanitation teams were not required after Tea Party rallies.

The Radical Left that is behind the Occupy movement has not changed since their heydays of the late 1960’s.  This group’s goals include a mishmash of individuals that seek power, redistribution of wealth and anarchy.  If the Liberal side of the Democrat Party sees them as a legitimate part of their big tent, then that tent is destined to be no better than the rabble included in it.

Posted in Occupy Wall Street, Radical Left | Tagged: , , , , , , , | Leave a Comment »

Occupy Wall Street and the Tea Party Movements

Posted by Steve Markowitz on November 12, 2011

The Left has created the narrative that Occupy Wall Street is the counter movement to the Libertarian-Conservative leaning Tea Party movement.  The Left is also attempting to use the Occupy movement to further its political aims.  Continuing down this radical path could lead an end of the modern-day Progressivism.

Posted in Occupy Wall Street, Tea Party | Tagged: , , , | Leave a Comment »

Generational Wealth Gap Hits Record

Posted by Steve Markowitz on November 9, 2011

While historically it is typical for older Americans to have more wealth than younger ones, the gap has significantly increased over recent decades and is now at historic levels.  Here are some facts published by CNN Money:

  • Older Americans currently have 47 times the wealth, as compared to America’s youngest generation of workers.
  • Households of 65 years and older in 2009 had median net worth of about $170,500, compared to about $3,700 for households headed by adults 35 years and younger.
  • In the last generation, the older group had a 10-to-1 wealth ratio over the younger generation.  It has since spread to 47-to-1.
  • Since 1984, the same age group comparisons show that the younger generation’s wealth has declined by 68% while the older group increased by 42%.

The age wealth-gap has significantly widened for a variety of reasons including the housing meltdown and increased cost of higher education.  Most elderly people bought homes at pre-bubble valuations and therefore were not hurt as much by their more recent drop in value.  With the significant increase in the cost of a college education, the younger generation took on much higher school debt.

Both of the above issues were exasperated by governmental meddling in markets.  In the case of the housing market, the low interest policies promoted by the government and Federal Reserve led to the housing bubble.  Similarly, easy government money in the form of educational loans allowed colleges to increase prices faster than inflation.

It is ironic that the two largest portions of America’s debt are the entitlement programs of Social Security and Medicare.  Both mainly benefit older Americans, the group that has fared the best economically in recent decades.  Should the Occupy Wall Street protesters actually consider the real challenges facing them, they might come to conclusions that could lead to problem resolution; i.e. cutting entitlement programs.  In addition, we Baby Boomers will be on the receiving end of the Occupiers.

Posted in Debt, Entitlements | Tagged: , , , , , , , , , | Leave a Comment »