Brrr! Occupy Wall Street protesters brace for cold weather

Robert F. Bukaty / AP

Occupy Maine protesters warm their hands while brewing coffee on a fire pit at their encampment across from the State House in Augusta, Maine, early Friday morning, Oct. 28, 2011. About 30 protesters camped out in near-freezing temperatures as they continue their protest against Wall Street.

As the East Coast prepares for some serious cold weather, bringing up to 12 inches of snow, I wonder how much longer the Occupy Wall Street protests will continue. Will their numbers be affected by the coming cold weather? 

Here are stories about the forecast for snow in the northeast and the protesters facing the cold.

For more images, check out our Occupy Wall Street tag stream.

Bebeto Matthews / AP

Christopher Guerra, from San Franciso, Calif. is wrapped in a blanket to stay warm as he participates in the Occupy Wall Street protest at the Zuccotti Park encampment on Friday, Oct. 28, 2011 in New York. City fire department officials seized at least one generator from the site during an early morning inspection. "They say they were looking for extra gasoline but took the generator," said Guerra, "then they left and came back with cops to search around tents."

 

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Comment author avatarThe GYPSY!Restored
Hey there losers. How are all those classes in gay studies and global warming been workin out for ya'? Pretty good eh? I guess now we know why you have all that free time to sit in a tent and do nothing for weeks. You see, while you were in college living off duddys dolla taking classes in gay studies and global warming, students in China and India were taking computers and mathematics. As a result, they have Americas jobs and you? Well..you have a tent, cardboard sign and a $100,000+ school mortgage that only taught you 1 thing...how to hate America.......

........................................................................................nice!

  • 12 votes
Reply#1 - Fri Oct 28, 2011 1:58 PM EDT

I think they love America, which is why they want it to be better. Just like a parent loves their child, who they hope will continue to thrive and mature.

  • 9 votes
#1.1 - Fri Oct 28, 2011 2:08 PM EDT

D-1129384

I think they love America, which is why they want it to be better. Just like a parent loves their child,

OOOPS, my mistake. I guess I should have guessed that after watching all those videos of protesters defecating on the American flag.

....please accept my sincere apologies...

  • 9 votes
#1.2 - Fri Oct 28, 2011 2:14 PM EDT

To the The GYPSY!. Boy did you ever hit the nail right on the head.

  • 7 votes
#1.3 - Fri Oct 28, 2011 2:21 PM EDT

I never take anyone seriously that can't type without capping and bolding everything they say, while insulting an entire movement based on the actions of a couple individuals. You, sir, is what is wrong with this world. Hopefully, one day, we will evolve to a point where no one born is as stupid as yourself.

  • 5 votes
#1.4 - Fri Oct 28, 2011 2:43 PM EDT

Gypsy ,

You are one pathetic looser

  • 5 votes
#1.5 - Fri Oct 28, 2011 3:06 PM EDT

Gypsy,

You are a sad, ignorant person. Please get some education. If you can use a computer and have the internet, there really is a wealth of knowledge available for someone who longer wishes to remain a misogynist, hateful pig.

  • 4 votes
#1.6 - Fri Oct 28, 2011 3:58 PM EDT

Hey travis, since when was gypsy's comment misogynist?? You yourself are showing that you are just as ignorant as you think he is!

The protesters are part of the problem, now we have to spend huge amounts of money to clean up and police these people, money we don't really have! If they really want to affect change, they need to get into the political process and change things that way. This reeks of the ignorant kids protesting Vietnam in the 60's. These 'protesters' need to get a real life and grow up! Newsflash, life ISN"T fair, period!

  • 4 votes
#1.7 - Fri Oct 28, 2011 4:18 PM EDT

If they think that turning our parks into sewer smelling rat holes, destroying other peoples property, disrupting the normal business of law abiding tax paying people in the area and driving customers away from the businesses is going to make their lives any better, they are just plain ignorant.

  • 4 votes
#1.8 - Fri Oct 28, 2011 4:30 PM EDT

Phil-3222496

Hey travis, since when was gypsy's comment misogynist?? You yourself are showing that you are just as ignorant as you think he is!

The protesters are part of the problem, now we have to spend huge amounts of money to clean up and police these people

America has been robbed blind of half its wealth by 400 families in America and you're babbling about change in the sofa cushions.

  • 3 votes
#1.9 - Fri Oct 28, 2011 5:13 PM EDT

Comment # 1 restored for clarity.

  • 2 votes
#1.10 - Tue Nov 1, 2011 4:06 PM EDT

It seems like the term "head in the sand" fits here. Do you think perhaps that people are tired of the lies of the past, being projected into wars, being college educated and only finding jobs at Stabucks, Wendy's, Taco John's, and having to listen to uptight twips preaching to the choir about why change isn't good? You must be lost at sea if you haven't noticed that most of our real jobs have been sent to Asia, Central and South America where the corporations can still exploit labor. Can't you see what going public does for a business, it takes the humanity out of the company, and all you have left are greedy corrupters ready to ruin whole communities, and that they have. Didn't you notice George Bush's friends backing their dump trucks up to Ft. Knox and filling them up with the Nations Gold Reserves' his no bid contracts, billions of dollars just lost... somewhere no one seems to know. Growth Fund managers making a BIllion dollars a year not counting their bonus money, corporations not paying any (zero) taxes, yet making billions in profits and paying executives millions in bonuses and not giving the working class one frigging buck an hour raise... in fact ... just piss off.

    #1.11 - Thu Nov 3, 2011 7:53 AM EDT
    Reply

    I support the occupation!

    • 12 votes
    Reply#2 - Fri Oct 28, 2011 2:06 PM EDT

    D-1129384 They only love the free stuff that America has to offer, and when we run out of free stuff----Well?

    • 7 votes
    Reply#3 - Fri Oct 28, 2011 2:25 PM EDT

    D-1129384---

    If you really love your child, don't send them to college to pursue a degree in sociology and ethnic studies unless you want to see them flipping burgers, and please tell them what they are protesting is 180 degrees off.

    • 6 votes
    Reply#4 - Fri Oct 28, 2011 2:30 PM EDT

    a---rand you are so right. Your child needs to take the hard courses in high school such as calculus and advanced chemistry and physics. This will prepare the student to major in such courses in college as chemical, electrical, or petroleum engineering or the like which will result in a high paying job even in today's economy. A degree in liberal arts or fine arts is likely to result in the student living at home with the parents and waiting tables or flipping burgers.

    • 5 votes
    #4.1 - Fri Oct 28, 2011 4:00 PM EDT

    Uh, I hate to differ with you on that liberal arts degree. Sad that college is no longer about education, broadening the mind, learning to see and think and experience the world from a broader perspective. The real tragedy is that college is nothing but a jobs training course. So, only reason to get an education is to get a job? Preferably in some engineering or technical field? What a boring little world we have created if that is the case.

    Note, I have a liberal arts degree, I make a good living and I don't live with the folks and haven't for many, many years. I also have the ability to think outside the box, applying life skills in a manner that earns me a living without being a slave to a corporation or company. I'm self-employed, I know that to many that is an alien concept, its either the government taking care of you or some company or institution. I paid for my schooling, I worked and didn't have anyone in the background paying my way nor did I rely on loans to fund me through school. I realize that in some instances, like in the medical profession, that is difficult but, it can be done.

    • 4 votes
    #4.2 - Fri Oct 28, 2011 8:33 PM EDT
    Reply

    He looks a little cold to me.Government will wait them out.

    • 1 vote
    Reply#5 - Fri Oct 28, 2011 2:31 PM EDT

    Man there are some really dumb people in this country and they aren't the protesters. I'm surprised more people aren't protesting. I suppose you guys out there think that an Iraq war veteran that got hit with a tear gas canister and had his skull cracked open was also some dope smoking hippie? What a loser. Look the rest of us don't get paid to bad mouth good people by Republican spin meisters so I really think you should get a clue. There are more than just hippies that agree with them. The rest of us are not stupid. The country is sliding off into an abyss. The middle class is disappearing, wages aren't increasing, the cost of living is going up, and Republicans won't let anyone take any action to stop it. That's why they are protesting. By the way if you have pictures of any of these people defecating on the American flag it's photoshopped. I'm a real American and I care about the fact that its harder to succeed in America now than it was when I was a kid. You should care too, unless you are more interested in feeding off of the pain of your fellow Americans. I care about my country, and I care about the economic disparity in this country and regardless of party so do these people. That means something. This country means something and those people that disparage them disparage this very country and it's founding principles. GO DEEFECATE ON THAT!!!!!!!!!!!

    • 13 votes
    Reply#6 - Fri Oct 28, 2011 2:33 PM EDT

    Shawn - Bravo! I couldn't have said it better my self. People should be thanking the protestors not scorning them. And we should all be praying for Scott, the Iraq war veteran who was injured in Oakland.

    • 4 votes
    #6.1 - Fri Oct 28, 2011 3:58 PM EDT
    Comment author avatarBOB CONAWAYExpand Comment Comment collapsed by the community

    Kathy, you qualify for the "another DUMB BROAD" Award.!!!!

    • 1 vote
    #6.2 - Fri Oct 28, 2011 4:57 PM EDT

    The biggest mistake you folks on the right are making - and I've said this many, many times - is that you keep assuming that all these occupy people are homeless, unemployed potheads who just need to "get a job".

    It is your misguided and oft repeated Fox News rhetoric that will continue to unravel your support so quickly it's going to make your head spin. Be prepared for what's to come. You've awakened a sleeping giant.

    • 1 vote
    #6.3 - Fri Oct 28, 2011 5:21 PM EDT

    Remember that disappearing middle class? They're reappearing at the occupy movements, and there will be a lot more people showing up with torches and pitchforks now that the elite class has called in their guards. Remember Madison last winter? It's coming, slowly but surely.

    • 1 vote
    #6.4 - Fri Oct 28, 2011 5:30 PM EDT

    Madison Wisconsin?

      #6.5 - Fri Oct 28, 2011 8:35 PM EDT

      Shawn:

      Why aren't you out protesting? Why aren't you freezing your a$$ off in a tent somewhere? Instead you are sitting behind a keyboard in your warm and cozy house spewing your puerile nonsense here. I confess, I don't like the OWS protesters because they are ignorant, misguided hypocrites. I like you even less. Not only are you an ignorant, misguided hypocrite, but you're also a phoney.

      Peace.

        #6.6 - Sat Oct 29, 2011 12:45 AM EDT
        Reply

        I think the issue is the rediculous message they are so poorly communicating. THey want those nasty rich people to share the wealth, right? Have any of these people ever worked hard, taken risks and invested in anything? Sharing and taking are two different things. Nobody owes these silly ideological half-wits a damned thing.

        I wish our government would just communicate that to them instead of jockying for postition and supporting them by defualt. If I were mayor of a major city, like New York, I would just make an announcement that I was going to fumigate major areas of the city when I detected too many rodent, cockroaches or other annoying pests. Then I would send the cops down to where the pests were congregating and make an announcement that they have 2 hours to leave the area becasue the crews are going to spray noxious poisins at that time. I would empty the local businesses of the legal ihnabitants thouroughly and then spray.

        Life is tough all over.

        • 3 votes
        Reply#7 - Fri Oct 28, 2011 2:36 PM EDT

        Yes, thousands of protestors, no way any of them ever worked hard, no way any of them taken risks. Inconceivable. Yes, our government really is supporting them. Then I read the rest of your second paragraph. You're pathetic. You know who you are? You're the guy that spouts random @!$%# while someone else is debating you and just trying to give you facts, and all the while insulting him because you're too stupid to think of anything else. The only insect is you.

        • 2 votes
        #7.1 - Fri Oct 28, 2011 2:52 PM EDT

        Yes, but life doesn't have to be that tough. I don't know when it got written that the wealthy have the right to suck our country dry but owe nothing back.

        We can't have jobs and we can't raise taxes because of the republicans written pledge to Norquist that are held to a higher regard than their pledge to serve and do what is best for our country.

        No wonder people are out in the streets. I support the 99%.

        • 7 votes
        #7.2 - Fri Oct 28, 2011 2:53 PM EDT

        The time will come when cockroaches like you will be eliminated

        Keep 'em occupied . I smell the fear !

        • 4 votes
        #7.3 - Fri Oct 28, 2011 3:13 PM EDT

        RichF - You can be just as CUTE as you think you are by your comments - but listen, Richie Boy - if something isn't done in this country the protesters won't just be gathering peacefully - they will be armed. People like you are the kind that quoted "let them eat cake". And you see what that brought to the French aristocrats. Guillotine. But then maybe it would be entertaining to see some of these bastards from Wall Street march up the steps. I remember seeing A Tale of Two Cities when I was a little girl. There was an old woman cackling "guillotine" and although I didn't understand how she could be so angry - I do understand how those people who have lost everything despite playing by all the rules and working hard - can feel exactly that way. So again - be thankful that so far all the protesters are doing is marching.......

        • 3 votes
        #7.4 - Fri Oct 28, 2011 3:49 PM EDT

        This is for god isn't real ??

        Where can we meet ? I want to bring my rag tag group of idiots, clods, morons and fools to sit at your feet and enjoy the exhortations from you.

        Then we can engage in some pot, a little of the harder stuff and then know with great certainty that we don't have plan. We don't know what we are doing and we are sure to be scarred, damaged and disenfranchised because we listened to a rabble rouser of your low breeding.

        No actually we want to remake or remodel the 'system' to our advantage and we don't need fools such as you to mislead us.

        But then that may be what is great about America? Everyone has the right to be wrong up to a point.

        • 2 votes
        #7.5 - Fri Oct 28, 2011 4:13 PM EDT

        "let them eat cake".

        I love you, Kathy Kramer-3900485

        • 2 votes
        #7.6 - Fri Oct 28, 2011 5:23 PM EDT

        You think this war of words isn't accelerating? Look at your posts, people!

        The GYPSY! Hey there losers.

        god-isn't-real ...no one born is as stupid as yourself...

        Jaga-1147543 You are one pathetic looser

        Travis-1944 You are a sad, ignorant person...a misogynist, hateful pig

        Phil-3222496 you are just as ignorant as you think he is...they are just plain ignorant

        BOB CONAWAY Kathy, you qualify for the "another DUMB BROAD" Award

        RichF-1308372 Nobody owes these silly ideological half-wits a damned thing.

        This is all just very, very sad. Shame on you.

        • 2 votes
        #7.7 - Fri Oct 28, 2011 5:45 PM EDT

        Rick: All this is is keyboard warfare. Typing away. Nanny nanny poo poo, school yard childishness. It's the ones you don't see or hear that you need to concern yourself with. Like a mother who gets nervous when her kids get too quiet.

        • 2 votes
        #7.8 - Fri Oct 28, 2011 8:40 PM EDT
        Reply

        Occupy the WeatherChannel!!

        • 1 vote
        Reply#8 - Fri Oct 28, 2011 2:42 PM EDT

        The whole thing is so much BS. Since when is it the only rich people in this country are republicans? If that is the case where did Odumbo come up with all of the campaign money he has? Maybe from the unions, movie stars, Oprah, soros, and countless other poor demoncraps. Give it a break. Most of the wealthy people in this country got there from hard work not from a handout. All of these people want to change this country. Change it into what? From the sounds of it some thrid world crap hole. I am sorry I didn't agree to that ever, and I won't. If you are just coming to this country from a third world crap hole then don't try to change it into what you left. Join this country, its language, its ideals, and our way of life otherwise stay the hell where you are.

        • 6 votes
        Reply#9 - Fri Oct 28, 2011 3:02 PM EDT

        The Gypsy is exactly on target with that observation.  The majority agrees with you.

        • 4 votes
        Reply#10 - Fri Oct 28, 2011 3:24 PM EDT

        Gypsy - Hey butt head, what have you done to make this country or the world a better place???? These people are doing what we all ought to be doing. Getting off our asses and speaking out against what has been happening to the middle and working class while the CEO's and Congressmen laugh all the way to the bank and the worker bees are losing everything!. And.....if there hadn't been protests against the Viet Nam war we would still be there. And if there hadn't been those people brave enough to march with Martin Luther King there would still be separate drinking fountains. We should have all protested the war in Iraq but we were too stupid and blind to do so. So instead of being a smart a88, you should thank those people for standing up for all of our rights.

        • 1 vote
        Reply#11 - Fri Oct 28, 2011 3:40 PM EDT

        So your answer is?

        • 1 vote
        #11.1 - Fri Oct 28, 2011 3:52 PM EDT

        Yeah Kathy, WHAT is your solution?? Communism?? that failed miserably, Socialism?, you can only support so many people who refuse to work with the people who do work. What is your solution? Tell us!

        • 1 vote
        #11.2 - Fri Oct 28, 2011 4:37 PM EDT

        Phil-3222496

        Yeah Kathy, WHAT is your solution?? Communism?? that failed miserably, Socialism?

        How on earth is it that your party has such credibility when you have to reach back to the 1930's to find an argument? All your side ever does is propogate fear through ignorance - and the same old political attack lines. You need some fresh material.

          #11.3 - Mon Oct 31, 2011 10:24 AM EDT
          Reply

          I don't understand how the protestors can say the problems are unemployment, Wall Street access to the White House, lack of transparency, dishonesty in government, loss of jobs in the United States.............then turn around and say that the solution is open borders and the Democratic Party? That makes NO sense whatsoever. These kids need work experience to realize that Democratic politicians are selling out their future, taxing productive work, taxing any assets and giving away everything to immigrants, other countries and any obscure cause that the Democrats can find.

          • 2 votes
          Reply#12 - Fri Oct 28, 2011 3:52 PM EDT

          Just remember,

          There is no bad weather.

          Only bad clothing.

          .

          • 1 vote
          Reply#13 - Fri Oct 28, 2011 3:54 PM EDT

          It seems that you all glory in namecalling and juvenile behavior. Growup kids. As to the occupiers- well, bless their hearts they are trying. I really have to wonder about the demonizing of Republican money when the dems out there are similarily blessed.....check on those in the entertainment industry, etc. Each group seems to want what the other has. Oh well...like the children, each one wants what the other has.

          We of earlier generations are guilty of raising those expectant of support from outside their own ambition and/or work ethic. We all wanted them to have it 'easier' than we did and as a result fostered a nation of those whose hands weren't ready to grip the handle of something to work with but rather with their arm out and palm up expecting a freebie.

          We have so long extolled the virtue of higher education that we neglected to foster pride and belief in themselves of those who choose not to enter that realm.

          There is no argument that Wall Street and the Wall Streets of the world need serious changes- if the occupiers have the definitive answer I would like to hear it also. The why of protesting is one thing...the change expected is????? More to the point....how to go about it?

          • 1 vote
          Reply#14 - Fri Oct 28, 2011 3:58 PM EDT

          Wow good post thank you for a thoughtful view

            #14.1 - Fri Oct 28, 2011 4:40 PM EDT

            At least we can see the results of the money garnered by the entertainment industry. We pay for entertainment and we are entertained. We pay for a mortgage and pay to entertain Wall Street executives.

              #14.2 - Fri Oct 28, 2011 5:33 PM EDT
              Reply

              Making an observation from only what I have been shown on TV, but every one of the protesters who have had a microphone stuck in their face has had a different opinion about what they are protesting.

              That tells you right there that the protesters are just a bunch of people hanging out, freezing thier tails off in hopes of addressing their own agenda. If any one of them won the lottery over night, they would be in a hot tub sipping champagne with the Wall Street fat cats so fast, everyone's head would spin.

              • 1 vote
              Reply#15 - Fri Oct 28, 2011 4:31 PM EDT
              bicfjDeleted

              Perhaps rather than calling one another names, we should consider the fragile state of the world's economic system. Look at the up and downs of the stock market, what is this telling us? What is the condition of not only European banks, but American, Middle Eastern, and Chinese banks? Rather than name-calling and suborn stances, people around the world need to join together to think about correcting a system that has lost track of creating a sustainable world. I love America, just as I love my family, but to turn one back on a troubled situation isn't love at all it is selfishness and an unwillingness to face the challenges of maintaining balance and a functioning nation. Our forefather founded a unique nation on ideals that are as challenging to keep intact as they were when we first became a nation. It is this that we should use as a measuring stick. And in all walks of life their are those who live off the system, it is not unique to one particular social group. And perhaps we have moved to a point in time where we try to make life to easy for our children, but much of it is driven by fears of their future financial status. Are we too concerned about status and not enough about humanity???? Are we in fact becoming a nation of Scrooges?

              'Business!' cried the Ghost, wringing its hands again. 'Mankind was my business. The common welfare was my business; charity, mercy, forbearance, and benevolence, were, all, my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!'

              To reflect and note flaws and try to correct them is what our nation, I believe, has always been about. It is our duty to keep it on course.

                Reply#17 - Fri Oct 28, 2011 4:58 PM EDT

                It must be nice to be a professional protester. What we have in the camp are "2011 Hippies". I am sure that most of the protesters are ex-professional college students who finally had to leave campus, their parents would not let them come back home, and they are sure as hell not going to get a job. So, they had no other place to go.

                Please don't take what I have shared the wrong way. I believe you should stand-up for whats right, and you should speak-up when you feel strong about what you believe is right.

                What we have in the camp is pot smoking hippies, who found one more way to sit in a circle and smoke dope.

                I am sure if you drug tested the group you would find that 70% of them are on some type of drug.

                The police should move in, and move them out A.S.A.P.

                J.W.

                • 1 vote
                Reply#18 - Fri Oct 28, 2011 5:13 PM EDT

                Don't you get it Gypsy?

                We've already won!

                Why are you even writing about us?  You don't know it (probably because you are still looking for that damn 'caps lock' key), but you have given us voice.  Just like MSNB has!

                On behalf of the Occupation, we thank you!

                RIP Hatred

                PS  I took 'Alternative Lifestyles' class.  It was cool.  Made me more tollerant of bigots like you.  Oh, and it's not a class on global warming, it's called 'science.'

                  Reply#19 - Fri Oct 28, 2011 5:16 PM EDT

                  Don't you get it Gypsy?

                  We've already won!

                  Why are you even writing about us?  You don't know it (probably because you are still looking for that damn 'caps lock' key), but you have given us voice.  Just like MSNB has!

                  On behalf of the Occupation, we thank you!

                  RIP Hatred

                  PS  I took 'Alternative Lifestyles' class.  It was cool.  Made me more tollerant of bigots like you.  Oh, and it's not a class on global warming, it's called 'science.'

                  • 1 vote
                  Reply#20 - Fri Oct 28, 2011 5:16 PM EDT

                  BigJeff-2931255
                  Oh, and it's not a class on global warming, it's called 'science.'

                  LMFAO. Beautiful.

                  • 1 vote
                  #20.1 - Fri Oct 28, 2011 5:54 PM EDT

                  We've already won!

                  HAHAHA! I sure hope you won something or anything for that matter. G-d knows you will never actually *earn* anything.....

                  PS I took 'Alternative Lifestyles' class. It was cool. Made me more tollerant of bigots like you. Oh, and it's not a class on global warming, it's called 'science.'

                  ......and all this time my engineering classes only took me overseas and 2 different countries that will let me retire before 60. If only I had your classes on "alternative lifestyles" and "global warming" then I could live in a tent and use porta-johns, shower once a week and live the envious lifestyle as you do. I'm so embarrassed. I concede, you win!

                  Please don't keep me in suspense any longer....where do I sign?

                  • 1 vote
                  #20.2 - Fri Oct 28, 2011 6:06 PM EDT

                  The GYPSY!

                  We've already won!

                  HAHAHA! I sure hope you won something or anything for that matter. G-d knows you will never actually *earn* anything.....

                  Gypsy... did you mean to type God knows, or God damn knows. Please clarify so that I may be clearer on the intent of your message.

                    #20.3 - Sat Oct 29, 2011 7:00 PM EDT
                    Reply

                    RichF-1308372

                    If I were mayor of a major city, like New York, I would just make an announcement that I was going to fumigate major areas of the city when I detected too many rodent, cockroaches or other annoying pests. Then I would send the cops down to where the pests were congregating and make an announcement that they have 2 hours to leave the area becasue the crews are going to spray noxious poisins at that time. I would empty the local businesses of the legal ihnabitants thouroughly and then spray.

                    Pardon me, sir? Apparently many of you here in first class didn't get the message that the Titanic is sinking. I can hold your drink and cigar for you while you put on the lifejacket. Yes, sir, I'm certain it's nothing to be concerned about... simply a precaution. My sincerest apologies for the inconvenience.

                    • 1 vote
                    Reply#21 - Fri Oct 28, 2011 5:51 PM EDT

                    In the US, we see untold millions suffering from the impact of mass foreclosures and unemployment; in Greece, Spain, Portugal, Ireland, and Italy, stringent austerity measures are imposed upon the whole population; all coupled with major banking collapses in Iceland, the UK and the US, and indecent bail-outs of “too-big-to-fail” bankers (Newspeak for too powerful to fail).

                    No doubt, the bulk of the responsibility for these debacles falls squarely on the shoulders of caretaker governments in these countries that are subordinated to Money Power interests and objectives. In country after country, that comes together with embedded corruption, particularly evident today in the UK, Italy and the US.

                    As we assess some of the key components of today’s Global Financial, Currency and Banking Model in this article, readers will hopefully get a better understanding as to why we are all in such a crisis, and that it will tend to get much worse in the months and years to come.

                    Foundations of a Failed and False Model

                    Hiding behind the mask of false “laws” allegedly governing “globalised markets and economies,” this Financial Model has allowed a small group of people to amass and wield huge and overwhelming power over markets, corporations, industries, governments and the global media. The irresponsible and criminal consequences of their actions are now clear for all to see.

                    The “Model” we will briefly describe, falls within the framework of a much vaster Global Power System that is grossly unjust and was conceived and designed from the lofty heights of private geopolitical and geo-economic1 planning centres that function to promote the Global Power Elite’s agenda as they prepare their “New World Order” – again, Newspeak for a Coming World Government.2

                    Specifically, we are talking about key think tanks like the Council on Foreign Relations, the Trilateral Commission, the Bilderberg Group, and other similar entities such as the Cato Institute (Monetary Issues), American Enterprise Institute and the Project for a New American Century that conform an intricate, solid, tight and very powerful network, engineering and managing New World Order interests, goals and objectives.

                    Writing from the stance of an Argentine citizen, I admit we have some “advantages” over the citizens of industrialised countries as the US, UK, European Union, Japan or Australia, in that over the last few decades we have had direct experience of successive catastrophic national crises emanating from inflation, hyper-inflation, systemic banking collapse, currency revamps, sovereign debt bond mega-swaps, military coups and lost wars…

                    Finance vs the Economy

                    The Financial system (i.e., a basically unreal Virtual, symbolic and parasitic world), increasingly functions in a direction that is contrary to the interest of the Real Economy (i.e., the Real and concrete world of work, production, manufacturing, creativity, toil, effort and sacrifice done by real people). Over the past decades, Finance and the Economy have gone their totally separate and antagonistic ways, and no longer function in a healthy and balanced relationship that prioritises the Common Good of We the People. This huge conflict between the two can be seen, amongst other places, in today’s Financial and Economic System, whose main support lies in the Debt Paradigm, i.e., that nothing can be done unless you first have credit, financing and loans to do it. Thus, the Real Economy becomes dependent on and distorted by the objectives, interests and fluctuations of Virtual Finance.3

                    Debt-Based System

                    The Real Economy should be financed with genuine funds; however with time, the Global Banking Elite succeeded in getting one Sovereign Nation-State after another to give up its inalienable function of supplying the correct quantity of National Currency as the primary financial instrument to finance the Real Economy. That requires decided action through Policies centred on promoting the Common Good of We The People in each country, and securing the National Interest against the perils posed by internal and external adversaries.

                    Thus, we can better understand why the financial “law” that requires central banks to always be totally “independent” of Government and the State has become a veritable dogma. This is just another way of ensuring that central banking should always be fully subordinated to the interests of the private banking over-world – both locally in each country, as well as globally.

                    We find this to prevail in all countries: Argentina, Brazil, Japan, Mexico, the European Union and in just about every other country that adopts so-called “Western” financial practice. Perhaps the best (or rather, the worst) example of this is the United States where the Federal Reserve System is a privately controlled institution outright, with around 97% of its shares being owned by the member banks themselves (admittedly, it does have a very special stock scheme), even though the bankers running “Fed” do everything they can to make it appear as if it is a “public” entity operated by Government, something that it is definitely not.

                    One of the Global Banking Over-world’s permanent goals is – and has been – to maintain full control over all central banks in just about every country, in order to be able to control their public currencies.4 This, in turn, allows them to impose a fundamental (for them) condition whereby there is never the right quantity of public currency to satisfy the true demand and needs of the Real Economy. That is when those very same private banks that control central banking come on scene to “satisfy the demand for money” of the Real Economy by artificially generating private bank money out of nothing. They call it “credits and loans” and offer to supply it to the Real Economy, but with an “added value” (for them): (a) they will charge interest for them (often at usury levels) and, (b) they will create most of that private bank money out of thin air through the fractional lending system.

                    At a Geo-economic level, this has also served to generate huge and unnecessary public sovereign debts in country after country all over the world. Argentina is a good example, whose Caretaker Governments are systematically ignorant and unwilling to use one of the sovereign state’s key powers: the issuance of high power non-interest generating Public Money (see below for a more detailed definition). Instead, Argentina has allowed IMF (International Monetary Fund) so-called “recipes” that reflect the global banking cartel’s own interests to be imposed upon it in fundamental matters like what are the proper functions of its Central Bank, sovereign debt, fiscal policy, and other monetary, banking and financial mechanisms, that are thus systematically used against the Common Good of the Argentine People and against the National Interest of the country.

                    This system and its dreadful results, now and in the past, are so similar in so many other countries – Brazil, Mexico, Greece, Ireland, Iceland, UK, Portugal, Spain, Italy, Indonesia, Hungary, Russia, Ukraine… that it can only reflect a well thought-out and engineered plan, emanating from the highest planning echelons of the Global Power Elite.

                    Fractional Bank Lending

                    This banking concept is in use throughout the world’s financial markets, and allows private banks to generate “virtual” Money out of thin air (i.e., scriptural annotations and electronic entries into current and savings accounts, and a vast array of lines of credit), in a ratio that is 8, 10, 30, 50 times or more larger than the actual amount of cash (i.e., public money) held by the bank in its vaults. In exchange for lending this private “money” created out of nothing, bankers collect interest, demand collateral with intrinsic value and if the debtor defaults they can then foreclose on their property or other assets.

                    The ratio that exists between the amount of Dollars or Pesos in its vaults and the amount of credit private banks generate is determined by the central banking authority which fixes the fractional lending leverage level (which is why controlling the central bank is so vital strategically for private banker cartels). This leverage level is a statistical reserve based on actuarial calculations of the portion of account holders who in normal time go to their banks or ATM machines to withdraw their money in cash (i.e., in public money notes). The key factor here is that this works fine in “normal” times, however “normal” is basically a collective psychology concept intimately linked to what those account holders, and the population at large, perceive regarding the financial system in general and each bank in particular.

                    So, when for whatever reason, “abnormal” times hit – i.e., every time there are (subtly predictable) periodic crises, bank runs, collapses and panics, which seem to suddenly explode as happened in Argentina in 2001 and as is now happening in the US, UK, Ireland, Greece, Iceland, Portugal, Spain, Italy and a growing number of countries – we see all bank account holders running to their banks to try to get their money out in cash. That’s when they discover that there is not enough cash in their banks to pay, save for a small fraction of account holders (usually insiders “in the know” or “friends of the bankers”).

                    For the rest of us mortals “there is no more money left,” which means that they must resort to whatever public insurance scheme may or may not be in place (e.g., in the US, the state-owned Federal Deposit Insurance Corporation that “insures” up to US$250,000 per account holder with taxpayer money). In countries like Argentina, however, there is no other option but to go out on the streets banging pots and pans against those ominous, solid and firmly closed bronze bank gates and doors. All thanks to the fraudulent fractional bank lending system.

                    Investment Banking

                    In the US, so called “Commercial Banks” are those that have large portfolios of checking, savings and fixed deposit accounts for people and companies (e.g., such main street names as CitiBank, Bank of America, JPMorganChase, etc.; in Argentina, we have Standard Bank, BBVA, Galicia, HSBC and others). Commercial Banks operate with fractional lending leverage levels that allow them to lend out “virtual” dollars or pesos for amounts equal to 6, 8 or 10 times the cash actually held in their vaults; these banks are usually more closely supervised by the local monetary authorities of the country.

                    A different story, however, we had in the US (and still have elsewhere) with so-called global “Investment Banks” (those that make the mega-loans to corporations, major clients and sovereign states), over which there is much less control, so that their leveraging fractional lending ratios are far, far higher. This greater flexibility is what allowed investment banks in the US to “make loans” by, for example, creating out of thin air 26 “virtual” Dollars for every real Dollar in cash they held in their vaults (i.e., Goldman Sachs), or 30 virtual Dollars (Morgan Stanley), or more than 60 virtual Dollars (Merrill Lynch until just before it folded on 15 Sept 2008), or more than 100 virtual Dollars in the cases of collapsed banks Bear Stearns and Lehman Brothers.5

                    Private Money vs Public Money

                    At this point in our review, it is essential to very clearly distinguish between two types of Money or Currency:

                    Private Money – This is “Virtual” Money created out of thin air by the private banking system. It generates interests on loans, which increases the amount of Private money in (electronic) circulation, and spreads and expands throughout the entire economy. We then perceive this as “inflation.” In actual fact, the main cause of inflation in the economy is structural to the interest-bearing fractional lending banking system, even among industrialised countries. The cause of inflation nowadays is not so much the excessive issuance of Public Money by Government as all so-called banking experts would have us believe but, rather, the combined effect of fractional lending and interest on private banking money.

                    Public Money – This is the only Real Money there is. It is the actual notes issued by the national currency entity holding a monopoly (i.e., the central bank or some such government agency) and, as Public Money, it does not generate interest, and should not be created by anyone other than the State. Anybody else doing this is a counterfeiter and should end up in jail because counterfeiting Public Money is equivalent to robbing the Real Economy (i.e., “we, the working people”) of their work, toil and production capabilities without contributing anything in return in terms of socially productive work. The same should apply to private bankers under the present fractional lending system: counterfeiting money (i.e., creating it out of thin air as a ledger entry or electronic blip on a computer screen) is equivalent to robbing the Real Economy of its work and production capacity without contributing any counter-value in terms of work.

                    Why We Have Financial Crises

                    A fundamental concept that lies at the very heart of the present Financial Model can be found in the way huge parasitic profits on the one hand, and catastrophic systemic losses on the other, are effectively transferred to specific sectors of the economy, throughout the entire system, beyond borders and public control.

                    As with all models, the one we suffer today has its own internal logic which, once properly understood, makes that model predictable. The people who designed it know full well that it is governed by grand cycles having specific expansion and contraction stages, and specific timelines. Thus, they can ensure that in bull market times of growth and gigantic profits (i.e., whilst the system, grows and grows, is relatively stable and generates tons of money out of nothing), all profits are privatised making them flow towards specific institutions, economic sectors, shareholders, speculators, CEO and top management & trader bonuses, “investors”, etc who operate the gears and maintain the whole system properly tuned and working.

                    However, they also know that – like all roller coaster rides – when you reach the very top, the system turns into a bear market that destabilises, spins out of control, contracts and irremediably collapses, as happened to Argentina in 2001 and to the better part of the world since 2008, then all losses are socialised by making Governments absorb them through the most varied transference mechanisms that dump these huge losses onto the population at large (whether in the form of generalised inflation, catastrophic hyperinflation, banking collapses, bail-outs, tax hikes, debt defaults, forced nationalisations, extreme austerity measures, etc).

                    The Four-sided Global “Ponzi” Pyramid Scheme

                    As we know, all good pyramids have four sides, and since the Global Financial System is based on a “Ponzi” Pyramid Scheme, there’s no reason why this particular pyramid should not have four sides as well.

                    Below is a summary of the Four-side Global “Ponzi” Pyramid Scheme that lies at the core of today’s Financial Model, indicating how these four “sides” function in a coordinated, consistent, and sequential manner.

                    Side One – Create Public Money Insufficiency. This is achieved, as we explained above, by controlling the National Public entity that issues public money. Its goal is to demonetise the Real Economy so that the latter is forced to seek “alternative funding” for its needs (i.e., so that it has no choice but to resort to private bank loans).

                    Side Two – Impose Private Banking Fractional Lending Loans. This, as we said, is virtual private money created out of thin air on which bankers charge interest – often at usury levels – thus generating enormous profit for “investors,” creditors and all sorts of entities and individuals who operate as parasites living off other people’s work. This would never have been the case if each local central bank were to flexibly generate the correct quantity of Public Money necessary to satisfy the needs of the Real Economy in each country and region.

                    Side Three – Promote a Debt-Based Economic System. In fact, the whole Pyramid Model is based on being able to promote this generalised paradigm that falsely states that what really “moves” the private and public economy is not so much work, creativity, toil and effort of workers, but rather “private investors,” “bank loans” and “credit” – i.e., indebtedness. With time, this paradigm has replaced the infinitely wiser, sounder, more balanced and solid concept of corporate profit being reinvested and genuine personal savings being the foundation for future prosperity and security. Pretty much the way Henry Ford, Sr. originally grew his most successful company.

                    Today, however, Debt reigns supreme and this paradigm has become entrenched and embedded into people’s minds thanks to the mainstream media and specialised journals and publications, combined with Ivy League universities’ Economics Departments that have all succeeded in imposing such “politically correct” thinking with respect to financial matters, especially those relating to the proper nature and function of Public Money.

                    The facts are that this Model generates unnecessary loans so that banking creditors can receive huge profits, which includes promoting uncontrolled, unwarranted and often pathological consumerism, which goes hand in hand with the increasing abandonment of the traditional value of “saving for a rainy day.”

                    Such debts having political and strategic goals rather than merely financial ones, are usually given a thin layer of “legality” so that they may be imposed by the creditor on the debtor (i.e., in the case of The Merchant of Venice, the bond entered into between Antonio and Shylock giving the latter the legal right to a pound of the former’s flesh; in the case of chronically indebted countries like Argentina, such “legality” is achieved through a complex public debt laundering6 mechanism carried out by successive formally “democratic” Caretaker Governments to this very day).

                    Side Four Privatisation of Profits/Socialisation of Losses. Lastly, and knowing full well that, in the long run, the numbers of the entire Cycle of this Model never add up, and that the whole system will inevitably come crashing down, the Model imposes a highly complex and often subtle financial, legal and media engineering that allows privatising profits and socialising losses. In Argentina, this cycle has become increasingly visible for those who want to see it, because in our country the local “Ponzi” Pyramid Cycle lasts on average 15 to 17 years, i.e., we’ve had successive collapses involving brutal devaluation (1975), hyperinflation (1989) and systemic banking collapse (2001), however in the industrialised world, that cycle was made to last almost 80 years (i.e., three generations spanning from 1929 to 2008).

                    Conclusions

                    The fundamental cause of today’s on-going global financial collapse that exerts massive distortions over the Real Economy – and the ensuing social hardship, suffering and violence – is clear: Virtual Finance has usurped a pedestal of supremacy over the Real Economy, which does not legitimately belong to it. Finance must always be subordinated to, and in the service of, the Real Economy just as the Economy must heed the law and social needs of the Political Model executed by a Sovereign Nation-State (as we back-engineer this entire system, we thus understand why it is necessary for the Global Power Elite to first erode the sovereign Nation-State and to eventually do away with it altogether, in order to achieve its monetary, financial and political ends).

                    In fact, if we look at matters in their proper perspective, we will see that most national economies are pretty much intact, in spite of having been badly bruised by the financial collapse. It is Finance that is in the midst of a massive global collapse, as this Model of “Ponzi” Finance has grown into a sort of malignant “cancerous tumour” that has now “metastasised,” threatening to kill the whole economy and social body politic, in just about every country in the world, and certainly in the industrialised countries.

                    The above comparison of today’s financial system with a malignant tumour is more than a mere metaphor. If we look at the figures, we will immediately be able to see signs of this financial “metastasis.” For example, The New York Times in their 22 September 2008 edition explains that the main trigger of the financial collapse that had exploded just one week earlier on 15 September was, as we all know, mismanagement and lack of supervision over the “Derivatives” market. The Times then went on to explain that twenty years earlier, in 1988, there was no derivatives market; by 2002 however, Derivatives had grown into a global 102 trillion Dollar market (that’s 50% more than the Gross Domestic Product of all the countries in the world, the US, EU, Japan and BRICS nations included), and by September 2008, Derivatives had ballooned into a global 531 trillion Dollar market. That’s eight times the GDP of the entire planet! “Financial Metastasis” at its very worst. Since then, some have estimated this Derivatives global market figure to be in the region of One-Quadrillion Dollars…

                    Naturally, when that collapse began, the caretaker governments in the US, European Union and elsewhere, immediately sprang into action and implemented “Operation Bail-out” of all the mega-banks, insurance companies, stock exchanges and speculation markets, and their respective operators, controllers and “friends.” Thus, trillions upon trillions of Dollars, Euros and Pounds were given to Goldman Sachs, Citicorp, Morgan Stanley, AIG, HSBC and other “too big to fail” financial institutions… which is newspeak for “too powerful to fail”, because they hold politicians, political parties and governments in their steel grip.

                    All of this was paid with taxpayer dollars or, even worse, with uncontrolled and irresponsible issuance of Public Money bank notes and treasury bonds, especially by the Federal Reserve Bank which has, in practice, technically hyper-inflated the US Dollar: “Quantitative Easing” they call it, which is Newspeak for hyperinflation.

                    So far, however, like the proverbial Naked Emperor, nobody dares to state this openly. At least not until some “uncontrolled” event triggers or unmasks what should by now be obvious to all: Emperor Dollar is totally and completely naked.7 When that happens, we will then see bloody social and civil wars throughout the world and not just in Greece and Argentina.

                    By then, however, and as always happens, the powerful bankster clique and their well-paid financial and media operators, will be watching the whole hellish spectacle perched in the safety and comfort of their plush boardrooms atop the skyscrapers of New York, London, Frankfurt, Buenos Aires and Sao Paulo

                      Reply#22 - Fri Oct 28, 2011 10:19 PM EDT

                      Shawn:

                      Why aren't you out protesting? Why aren't you freezing your a$$ off in a tent somewhere? Instead you are sitting behind a keyboard in your warm and cozy house spewing your puerile nonsense here. I confess, I don't like the OWS protesters because they are ignorant, misguided hypocrites. I like you even less. Not only are you an ignorant, misguided hypocrite, but you're also a phoney.

                      Peace.

                        Reply#23 - Sat Oct 29, 2011 12:42 AM EDT

                        The article is very well written. Its a pity many people have been hoodwinked into believing this is a republican vs democrat issue, when in fact its an issue that eventually will affect all.  I do believe however, that the fundamental problem with the economy boils down to very poor ethics be it in politics, business, governments etc. I noticed that most of the top business schools do not have any departments specialising in ethics, hence their products come out half baked, and this reflects in their attitude towards making money, even at the expense of their country's economy. The recent discovery of a banker with 99 million in his checking account is a pointer to the level of vulgarity that is in the mindset of these individuals nowadays, and suggests the owner of the account is aware of how unreliable the markets are (due to actors like himself) and has thus resorted to this cash under pillow mentality. 

                          Reply#24 - Sat Oct 29, 2011 2:51 AM EDT

                          Does Zuccatti Park have sprinklers? Somebody needs to "accidentally" turn them on!

                          • 1 vote
                          Reply#25 - Sat Oct 29, 2011 2:56 AM EDT

                          Most people just don't get what the protest is (or was) or just don't care. When it's snowing and blowing 50

                          mph tonight you will find out how many of these supporters come take you into their homes. NONE.

                          The fact is some idiot started this nonsense and your sitting out there like a fool. Time to pack up your tents and garbage and go home cause we really don't care. I walked by you yesterday in NY and you guys stink, the whole place smells, open your eyes you slobs. It might just be time to go and try to be a productive part of

                          this world rather than sitting there with a cardboard sign taking up space. The bottom line is that 99.9% of us just don't care if you want to sit there in the cold and rain

                          • 1 vote
                          Reply#26 - Sat Oct 29, 2011 8:23 AM EDT

                          That's the compassionate 1% attitude........NOT.......selfish pricks that don't care for anyone but themselfs. Guess who sinks even more? The ones that just walk by and can't communicate with the protesters to hear their grievances. Those that want the 99% to just go away....Where are they to go???? Instead of bad mouthing the movement and telling them to be productive.....Slaves for YOU.......What are you doing to help? Nothing, cause you are a cold subhuman that just doesn't get it or know much about humanity or history. Shame on the UNAMERICANS that don't get the points at issue in the wallstreet occupation movement and don't satnd UNITED. I have heard the suffering in their voices. I hope the wealthy loose it all and feel the pain and suffering that the middle class have felt MOST, if not ALL their lifes. The material world GREEDY bastards want their wealth at the cost of oppression of amjority of AMERICANS and ALL OPPRESSED around the world. The 1% careless about humanity, ONLY that this 'they' are better than everyone else. If you have a slefish attitude.......BEWARE..... keep your cold attitude at a distance.......in you safe home, in the bubble you blow ....yet can burst one day. SUPPORT THE MOVEMENT.......DON'T just "walk" by me. Seems some are detached cause they are in denial of others suffering. AS IF THEY ARE MERELY LAZY BEINGS WITH IS NOT NOT THE CAUSE. ALL TYPES OF "THE PEOPLE" want to have jobs here in america and stop the mega outsourcing. WHY IS NOTHING MADE IN AMERICA ........ wealthy oppress others through oursourcing. TAX THE WEALTHY AS IN THE DAYS OF ROOSEVELT .....and stop this greed machine NOW NOW NOW.

                            #26.1 - Sat Oct 29, 2011 4:59 PM EDT
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