HELP   |   REGISTER   |   LOGIN
RSS
The Individual Investor Intelligence Network
HOME  |  GLOBAL MACRO  |  MEDIA  |  TECHNOLOGY  |  BIOTECH  |  COMMODITIES  |  EDUCATION  |  IU25 INDEX  |  ABOUT US

Narrowing the Target for Occupy Wall Street

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
Page 1 / 2   >   >>
Street Smart
User Rank
Platinum
Fair Weather Protesters
Street Smart   10/24/2011 12:04:49 PM
NO RATINGS
When my son came to visit from Washington DC last week, a trip to Zuccotti Park was at the top of his tourist agenda, so he and I went to check things out.

Our reaction was that the protesters were having WAY too much fun to head home any time soon.  We didn't see any anger in evidence--just lots of mellow camaraderie that centered around eating, drumming (LOTS of drumming) and poster-making and other crafts.  People seemed to be having a wonderful time!

It was hard to gauge, but we didn't see all that many air mattresses and sleeping bags.  I'd estimate that the overnight population wasn't really all that large.

Bottom line, hanging out in Zuccotti Park seemed like it WAS these folks' job for the forseeable future, and I think it'll take more than some rain to drive them away. They are also somewhat protected from the winds (and Marvin is right--they're AWFUL) but the two tall buildings--Trinity and One Liberty Plaza--on either side.

I give them through Thanksgiving...

philtheinvestor
User Rank
Iron
Re: Occupy the economic downturn in NY
philtheinvestor   10/20/2011 8:55:13 PM
NO RATINGS
Yupp. It's also helped to kill my parking spot!

Heinrich Coup-de-Suite
User Rank
Iron
Re: Occupy the economic downturn in NY
Heinrich Coup-de-Suite   10/20/2011 1:27:16 AM
NO RATINGS
The cold weather will in all likelihood push these protestors on, but my fear is it may add to the ranks of the Occupy D.C. crowd.  Yesterday it was reported the Senate building was occupied and all the senators locked their doors.  It's unbelievable that this group has planned to occupy K Street--many of the lobbyists on K Street are actually for more government spending.

Phoenix
User Rank
Gold
Re: Bonus
Phoenix   10/19/2011 9:44:47 PM
NO RATINGS
Bonus... Really? These people are sure to be able to justify anything at this rate. I wonder how the system got so bad.

back2basicz
User Rank
Platinum
Re: Congress Gave Them the Rope to Hang Themselves
back2basicz   10/19/2011 3:18:36 PM
NO RATINGS
Ted,

Great insight!!!

However I don't agree on one issue.

Its not the Bankers that need to be blamed here.

Its the politicians.

Glass-Steagall act would never have been repealed if it were'nt for the corrupt politicians who inhabit Congress .

Regards

Ashish.

Ted Faraone
User Rank
Iron
Re: Occupy the economic downturn in NY
Ted Faraone   10/19/2011 2:52:35 PM
NO RATINGS
I met two German tourists on the subway a few days ago.  They asked me directions to Wall Street and Zucotti Park.  Evidently "Occupy Wall Street" has become our town's newest tourist attraction. 

impactnow
User Rank
Iron
Occupy the economic downturn in NY
impactnow   10/19/2011 1:26:24 PM
NO RATINGS

We can only hope the cold weather will send them home they are hurting the people they are saying they want to help! Many don’t want to go to NY and deal with the protesters crowding streets and shouting as they move throughout the city. How will this help the economy for small merchants in the busy holiday season. Deter tourists, keep out spending families, sure to help the economy!

Bargain Bin
User Rank
Blogger
Re: Congress Gave Them the Rope to Hang Themselves
Bargain Bin   10/19/2011 12:56:55 PM
NO RATINGS
If bankers are anything like puppies and children, they'll only push until they've been properly punished.

As for occupy wall street, Uniqlo, the Japanese clothing firm opening a big store in NYC this month, has started selling ultra warm, heat generating clothing. If we tell them all maybe they can extend their protests a little.

Tenacious
User Rank
Platinum
Re: Congress Gave Them the Rope to Hang Themselves
Tenacious   10/19/2011 12:03:57 PM
NO RATINGS
Excellent insight Ted. Thank you for sharing.

tokyogai
User Rank
Platinum
Re: Congress Gave Them the Rope to Hang Themselves
tokyogai   10/19/2011 9:07:07 AM
NO RATINGS
Good analysis. I agree that we should save the banks , but jail many of the bankers. maybe that would promote some real reform.

Page 1 / 2   >   >>


The blogs and comments posted on Investor Uprising do not reflect the views of Investor Uprising, PRNewswire, or its sponsors. Investor Uprising, PRNewswire, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.

More Blogs from Marvin Kitman
I have seen the future… and I am sending it back.
Si Newhouse is redefining the definition of a daily newspaper as a periodical by turning the New Orleans Times-Picayune into a sporadical.
There has to be a less annoying way to finance interruption-free public broadcasting than constant interruptions.
CNN replaced Larry King with Piers Morgan. No wonder its ratings are the lowest in 10 years.
Chase CEO Jamie Dimon revealed last week that the bank had managed to create a massive $2 billion trading loss. That was the good news.
IU Education
Resources to help you become a better investor
IU Education
Quick Poll
If you had the option to direct the entire amount you pay in income taxes to an IRS-recognized charity devoted to education, healthcare, social welfare, or the environment instead, would you?
  Yes, eagerly.
  I would pay the equivalent of 50% or more of my income tax to a charity.
  I would pay the equivalent of up to 50% of my income tax to a charity.
  No, I trust the government completely to spend my tax dollars wisely.
  Other. Tell us on the message boards.
Investor Uprising on Twitter
Investor Uprising on Twiter
Market Chatter
Like Us on Facebook
25 market-moving companies we're tracking
     Investor Uprising 25 1052.27 +29.28 (+2.86%)
     Agrium, Inc. 88.47 +1.19 (+1.36%)
     America Movil S.A.B. de C.V. ADS 26.06 +0.78 (+3.09%)
     Apple, Inc. 584.00 +14.95 (+2.63%)
     Atwood Oceanics, Inc. 37.84 +1.32 (+3.61%)
     Broadcom Corp 33.76 +1.28 (+3.94%)
     Celgene Corp 64.16 +2.11 (+3.40%)
     Cliffs Natural Resources 49.29 +2.14 (+4.54%)
     Cognizant Technology Solutions 60.00 +3.80 (+6.76%)
     Dolby Laboratories Inc. Cl A 41.30 +0.71 (+1.75%)
     Eldorado Gold Corp. 12.32 +0.30 (+2.50%)
     First Solar, Inc. 15.06 +0.31 (+2.10%)
     Gilead Sciences, Inc. 51.28 +1.24 (+2.48%)
     GT Advanced Tech 5.28 +0.27 (+5.39%)
     Johnson Controls, Inc. 27.71 +1.02 (+3.82%)
     Marathon Oil Corp. 25.57 +0.91 (+3.69%)
     Microsoft Corp 30.59 +0.68 (+2.27%)
     Newmont Mining Corp. 48.51 +1.39 (+2.95%)
     Omnivision Technologies, Inc. 13.34 +0.80 (+6.38%)
     Priceline.com, Inc. 664.52 +21.04 (+3.27%)
     Qualcomm, Inc. 55.68 +1.38 (+2.54%)
     Sandisk Corp 36.48 +1.78 (+5.13%)
     Southwestern Energy Co. 31.93 +1.15 (+3.74%)
     Suncor Energy, Inc. 28.95 +1.59 (+5.81%)
     Veeco Instruments, Inc. 34.36 +1.41 (+4.28%)
     VISTAPRINT 32.30 +1.81 (+5.94%)
PR Newswire's Terms of Use Apply | Privacy | Contact Us
Copyright 1996-2012 PR Newswire Association LLC. All Rights Reserved.
A UBM plc company.
PR Newswire