Kicking off in NYC

[Westdene Seagull]

Sadly history is littered with cases of the police going beyond their limits. Brazillians being shot dead, newspaper sellers being pushed over and killed, pumped up Essex units baseball batting cars.

My main problem with your statement was the casual way you tarred ALL police officers rather than just a few rouge ones. Strange coming from a football supporter because surely we're all thugs who piss in peoples gardens, want a fight, drink too much and rip the heads of family pets ?

 

[beorhthelm]

a currency created out of thin air with nothing backing it, to be loaned at interest IS NOT sustainable....fact.

even two days ago, ukip man told them how it is (not that i advocate ukip or their policies, just that this is all true)....

the *fact* is that if the ECB could print money as your earlier video claimed, then the Euro probably wouldnt be in this situation. Mr Farage comments on the undemocratic changes occuring are quite valid, but tell us nothing of the background economics, just amusing rant.

 

[Westdene Seagull]

a currency created out of thin air with nothing backing it, to be loaned at interest IS NOT sustainable....fact.

even two days ago, ukip man told them how it is (not that i advocate ukip or their policies, just that this is all true)....



you carry on thinking you are free and living in a fair system......it is safer that way.

Sorry but what exactly does Nigel's rant have to do with the rather bizarre notion you posted earlier about creating money out of thin air ? As it happens I agree with UKIP on this one - the EU is totally undemocratic and corrupt and in the situation of Greece and Italy they did indeed bring about the downfall of the leaders. But for you to link the two situations is weird. The failing of the EU in this situation is nothing to do with some strange conspiracy theory and more to do with trying to merge financial policy without political union. The two are completely different.

I do have to thank you for posting a video highlighting how crap the EU is though so thank you.

 

[Herr Tubthumper]

My main problem with your statement was the casual way you tarred ALL police officers rather than just a few rouge ones. Strange coming from a football supporter because surely we're all thugs who piss in peoples gardens, want a fight, drink too much and rip the heads of family pets ?

God you really are a boring prick. Yes of course I mean absolutely every single police officer that has ever existed in the entire world. Every f***ing one of them.

 

[Westdene Seagull]

God you really are a boring prick. Yes of course I mean absolutely every single police officer that has ever existed in the entire world. Every f***ing one of them.

Nice well thought out and mature answer - well done

 

[matthew]

USA is a mess, perfect example of capitalism not working. Businesses are way too powerful, i blame the Republican Government of the 1920's!

 

[beardy gull]

Lovely stuff from the Police in California too.....

Police officer pepper-sprays seated, non-violent students at UC Davis - Boing Boing

 

[BadFish]

http://www.businessinsider.com/here-are-the-four-charts-that-explain-what-the-protesters-are-angry-about-2011-10

Here Are Four Charts That Explain What The Protesters Are Angry About...
Henry Blodget | Oct. 15, 2011, 9:17 AM | 295,710 | 218

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Henry Blodget is CEO and Editor-in-Chief of Business Insider.
Recent Posts

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'Anyone Who Expects Apple's Growth To Rebound Is Living In Denial'

Last week, we published a chart-essay that illustrates the extreme inequality that has developed in the US economy over the past 30 years.

The charts explain what the Wall Street protesters are angry about. They also explain why the protesters' message is resonating with the country at large.

Here are the four key points:

1. Unemployment is at the highest level since the Great Depression (with the exception of a brief blip in the early 1980s).

Unemployment Rate

Image: St. Louis Fed

2. At the same time, corporate profits are at an all-time high, both in absolute dollars and as a share of the economy.

Corporate Profit After Tax

Image: St. Louis Fed

Corporate Profit As A Percent Of GDP

Image: St. Louis Fed

3. Wages as a percent of the economy are at an all-time low. In other words, corporate profits are at an all-time high, in part, because corporations are paying less of their revenue to employees than they ever have. There are lots of reasons for this, many of which are not the fault of the corporations. (It's a global economy now, and 2-3 billion new low-cost employees in China, India, et al, have recently entered the global workforce. This is putting pressure on wages the world over.)

Wages As Percent Of GDP

Image: St. Louis Fed

4. Income and wealth inequality in the US economy is near an all-time high: The owners of the country's assets (capital) are winning, everyone else (labor) is losing.

Three charts illustrate this:

The top earners are capturing a higher share of the national income than they have anytime since the 1920s:

wealth and inequality

CEO pay and corporate profits have skyrocketed in the past 20 years, "production worker" pay has risen 4%.

wealth and inequality



After adjusting for inflation, average earnings haven't increased in 50 years.

wealth and inequality

It's worth noting that the US has been in a similar situation before: At the end of the "Roaring '20s," just before the start of the Great Depression. (See some of the charts above).

It took the country 15-20 years to pull out of that slump and fix the imbalances. But by the mid-1950s, employment, corporate profits, wages, and inequality had all returned to more normal levels. And the country enjoyed a couple of decades of relatively well-balanced prosperity. But now, everything's out of whack again.

Importantly, the inequality that has developed in the economy over the past couple of decades is not just a moral issue. It's a practical one. It is, as sociologists might say, "de-stabilizing." It leads directly to the sort of social unrest that we're seeing right now.

Read more: Here Are Four Charts That Explain What The Protesters Are Angry About...

 

[NMH]

I lived 25 years in the US.
Warning people about the effect from the Bush regime just got flippant
responses from the overly-partisan Republicans who would vote for a chimp if it wore the
right ribbons.
When their house VALUES doubled, they enjoyed the idea. All it meant was that they would spend more
on the next house yet get a higher number than they paid for the existing one.
Ultimately house sales freeze and there are no 1st time buyers or active trading-up.

The market gets stultified while prices rise for EVERYTHING else!

"Ok Obama you can have the mess" and he is struggling still against people who demand to support
insurance companies and rising petrol prices ...which is crazy.

The countries that emulated The US or get influenced by their economy, suffer the consequences.
The poor farmer who lives off his land is better off than a Porsche-driving poseur in debt for the rest of his life to
pay off his lifestyle as it exists for the short time he can keep up with his credit!

The most powerful country is based on it's own people's debt, basically a false economy and arrogant in global terms.

Sweden has great faith in it's own product, so the Swedes buy their own stuff AND have been very successful abroad with Volvo, Ikea, Scania, Ericsson et al.
They have their own currency like the UK, and can remain somewhat autonymous.
I'm curious about Norway though, not EEC and thriving on unshared
oil wealth.

USA doesn't like letting the rotw know they are struggling to keep afloat, which is why I imagine these protests aren't left
to happen in peace. Also the chance for a movement to arise, galvanizing the discontented and creating divisive mayhem...that won't be left to happen
under it's own steam.

Interesting but unstable times.

 

[Hatterlovesbrighton]

I lived 25 years in the US.
Warning people about the effect from the Bush regime just got flippant
responses from the overly-partisan Republicans who would vote for a chimp if it wore the
right ribbons.
When their house VALUES doubled, they enjoyed the idea. All it meant was that they would spend more
on the next house yet get a higher number than they paid for the existing one.
Ultimately house sales freeze and there are no 1st time buyers or active trading-up.

The market gets stultified while prices rise for EVERYTHING else!

"Ok Obama you can have the mess" and he is struggling still against people who demand to support
insurance companies and rising petrol prices ...which is crazy.

The countries that emulated The US or get influenced by their economy, suffer the consequences.
The poor farmer who lives off his land is better off than a Porsche-driving poseur in debt for the rest of his life to
pay off his lifestyle as it exists for the short time he can keep up with his credit!

The most powerful country is based on it's own people's debt, basically a false economy and arrogant in global terms.

Sweden has great faith in it's own product, so the Swedes buy their own stuff AND have been very successful abroad with Volvo, Ikea, Scania, Ericsson et al.
They have their own currency like the UK, and can remain somewhat autonymous.
I'm curious about Norway though, not EEC and thriving on unshared
oil wealth.

USA doesn't like letting the rotw know they are struggling to keep afloat, which is why I imagine these protests aren't left
to happen in peace. Also the chance for a movement to arise, galvanizing the discontented and creating divisive mayhem...that won't be left to happen
under it's own steam.

Interesting but unstable times.

Pretty hard to make comparisons with Scandinavian countries. They are tiny. They all have populations of around 5-6 million the size of an average city in some other countries and lots of natural resources. Its not all great there anyway. The cost of living is very high they have very high suicide rates and beer is Mega expensive

Sent from my U8220/Pulse using Tapatalk

 

[NMH]

Pretty hard to make comparisons with Scandinavian countries. They are tiny. They all have populations of around 5-6 million the size of an average city in some other countries and lots of natural resources. Its not all great there anyway. The cost of living is very high they have very high suicide rates and beer is Mega expensive

Sent from my U8220/Pulse using Tapatalk

Hard to compare people who invest and buy in their own country? I'd suggest a microcosm example is pertinent to the point.
The US were doing great when the world bought Ford and so did they, but when the Japanese outclassed them and raised the bar they had to talk business with them or get eclipsed.
Now that petrol is big bucks, they have been riding around in 4x4s and still using 8cyl engines, while everywhere else people ride in economy cars.

I don't quite understand the suicides - maybe natural deficiencies in vitamin D and sunlight affects them.
The cost of living is similar to the UK, and beer in bars can be expensive but so what? I paid £4 aprox yesterday, for a beer..... how much is beer in Brighton? Not far short of that.