Support Occupy Wall Street Through Blog-Bombing
October 24, 2011 6 Comments
What is Blog-Bombing?
The term is inspired by the concept of Tweet-Bombing, in which many Tweeters engage en masse in tweeting a particular message in order to fill the Tweetosphere with the message. In the case of Blog-Bombing, the idea is for bloggers to make regular (e.g., daily, every few days) quick blog posts in support of Occupy Wall Street so that such posts continually appearing on community blog feed programs such as those run by the major blog platforms – e.g., WordPress. These posts can contain short messages, pictures, videos, links, etc.
My first OWS Blog-Bomb contribution (Note: Posts need not be this long or detailed; the point is to get the word out – JUST POST):
I Support Occupy Wall Street Because…
- I don’t want wealthy, well-connected individuals, corporations and lobbies buying politicians;
- I believe that having a large and secure middle class is vital to a democracy, and that massive gaps between haves and have-nots creates vast political inequality and exploitation;
- I believe that America could simultaneously lower its taxes while also improving its financial stability, healthcare, education and social security systems, domestic and international security and international reputation by countering the costly influence of corporate/industry lobbies (e.g., insurance, pharmaceuticals, defense, private prisons).
- Crony Capitalism is not Capitalism.
- I want America to be this:
and not this:
- Signed, a Canadian in solidarity with OWS.
About Ron Brown
Now I have a name for what I’m doing!
Ron,
Welcome back from your hiatus.
Sadly, the “Corporate American Flag” shown above is symbolic of the contemporary state of unfettered free-market neoliberalism, but through our growing world-wide awakening maybe, just maybe, we can redirect the divergent have vs. have-not gap to a convergent course.
In Solidarity,
Madison
Madison:
Unfettered free-market? Where? Unfettered free markets don’t come with massive bailouts of banks and automanufacturers, nor do they come with subsidies to farmers or to oil corporations (this last one is truly ridiculous given that oil is so valuable that these corporations are already raking the bucks in hand over fist and require no government aid or incentivization at all to drill as much as they can), and they don’t come with President’s agreeing to forfeit the government’s ability to negotiate on behalf of the people on the prices of pharmaceuticals with big pharma corps. That’s not free market capitalism. That’s corporatism aka crony capitalism.
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“Foreclosure of American Dream By Wall Street”
- Nalliah Thayabharan
Wall Street is a confidence trick, a dazzling edifice built on paper promises, gambling, bets and rampant speculation. Wall Street doesn’t manufacture or produce anything. The Wall Street however attractive it may appear is built on paper.
Modern day bank robbers are at Wall Street but they wear grey suits and not masks. Rampant speculators, propagandists and financiers of Wall Street are given some unfair advantage over the average consumers and taxpayers and the cumulative effect of the people watching selfishness prevail over the public interest has been an undermining of the public’s trust in the present US government. There’s no question the Wall Street is rigged against the average consumers and taxpayers. The Wall Street has a lot more information. Wall Street jerry-rig the system so that Wall Street always win. If the Wall Street loses trillions, the US Treasury will bail the Wall Street out so it can go back and do it again.
50 trillion dollars in global wealth was erased between September 2007 and March 2009, including 7 trillion dollars in the US stock market, 6 trillion dollars in the US housing market, 8 trillion dollars in the US retirement and household wealth, 2 trillion dollars in the US individual retirement accounts, 2 trillion dollars in the US traditional defined benefit plans and 3 trillion dollars in the US nonpension assets. Greed, arrogance and incompetence created a massive meltdown, cost trillions, and still Wall Street comes out richer and more powerful.
There are trillions dollars of new money taken again from Americans to make deals and hand out outrageous bonuses. And when these trillions run out Wall Street will come back for more until the dollar becomes junk. The value of the US dollar declined very significantly during the last 70 years. The value of the US dollar in 1940 was worth 2,000% more than the value of the US dollar now.
Many big US manufacturers are outsourcing to Mexico and China to increase their profits, adding more unemployment in the USA. Manufacturing jobs in the USA declined 37% between 1998 and 2010. Since manufacturing industries declined in the USA, the US competitiveness in the global marketplace is also declined.
The demise of Glass Steagall act helped spawn the credit crisis by allowing the US Banks to reinvest money that was not theirs; they gambled; they failed; they passed down the burden to the people.
The top 6 US banks had assets of less than one fifth of US GDP in 1995. Now they have two third of US GDP. The financial crisis was created by the biggest US banks to consolidate power. The big banks became stronger as a result of the bailout by the US Treasury. The big banks are turning that increased economic clout into more political power.
Oligarchy is the political power based on economic power. And it’s the rise of the Wall Street in economic terms, that it’d turn into political power. And Wall Street then feed that back into more deregulation, more opportunities to go out and take reckless risks and capture trillions of dollars.
Wall Street only has the lobbyists. Today more than 42,000 Wall Street lobbyists manipulate USA’s 537 elected officials with huge campaign contributions that fund candidates who support their agenda. It no longer matters who’s the President of USA.
Since the heads of Wall Street and their representatives are afraid because they don’t have the substance or the arguments, they will not come out and debate with the people who occupy the Wall Street.
The political and economical leadership of the US has chosed to cartel profits and transformed the US economy to serve the colluding and unlawful oligarchy. The political and economical leadership of the US is bailing out failed paradigms with trillions of dollars while committing social injustice to its people. The political and economical leadership of the US including the US Congress have now become Wall Street’s “Trojan Horses”. The US banks are borrowing money at near zero interest from the US government, then lending it back to the US government at even mere fractions higher interest than they are paying. The net interest margin made by the US banks by lending the money back to the US federal government in the first 6 months of 2011 is 210 billion dollars.
Due to the oligarchs’ rapacious looting and their purchase of a politically protected luxurious lifestyle, the people of the US are on the road to permanent serfdom under a police state. The democracy was not given to the people of the US on a platter. It is not theirs for all time, irrespective of their efforts. Either people of the US organize and they find political leadership to take this on or they are going to be in deep trouble.
The failure of governance to address the current critical issues have already produced catastrophic consequences. Now we are experiencing a major global paradigm shift and it is still unfolding.
Blog bombing is actually new to me and I find it relevant and interesting. For me, this blog will grab the attention of the people who is into blogging. Fab Defense