BAILOUT MADNESS - Wall Street Socialist Millionaires Mock Protesters While Drinking Champagne (Video)
Start watching at the 50-second mark - Runs 30 seconds from there.
Talk about irony. The millionaires at 55 Wall Street (who live well thanks to taxpayer bailouts) drink champagne and mock the 'Occupy Wall Street' protesters below, many of whom are strident capitalists demanding an end to stealth Wall Street bailouts by the Federal Reserve and U.S. Treasury.
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Who occupies 55 Wall Street? The sprawling, historic Manhattan building is home to the Ciprion Club Residences, a private club as well as residence to Wall Street's élite.
Gathered on the balconies of this home of the rich, men in suits and tuxedos as well as women in silk dresses and business suits, casually sipped on their glasses while smiling and taking pictures, seemingly oblivious to the fight of the 99 percent.
The club has a total of 106 residences (living quarters) and their website asserts, "The club will provide you with everything essential to live the good life."
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In just 15 seconds this clip perfectly encapsulates the Socialist madness of bailing out Wall Street millionaires.
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Check out this Bush speech - Runs 1 minute.
Sep 30, 2011 at 11:43 PM
Reader Comments (41)
http://www.youtube.com/watch?v=Sw_HialkBTo&feature=channel_video_title
@4:36...
DYLAN: “The biggest contributor to Barack Obama’s presidential campaign is Goldman Sachs. The primary activities of this president relative to banking have been to protect the most lucrative aspect of that business, which is the dark market for credit default swaps and the like. That has been the explicit agenda of his Treasury Secretary. This president is advocating trade agreements that allow enhanced bank secrecy in Panama, enhanced murdering of union members in Colombia, and the refunding of North Korean slaves.”
DYLAN: “This president and Republicans are both in favor of those trade agreements. And this president renewed the Bush tax cuts for millionaires. Those are actions. Those are not words. This guy’s a great talker. Everybody loves to talk. This is a man who has taken action. Barack Obama has taken action. He has kept the swaps markets dark, no capital requirements for the—“
GUEST: “Let me react. I’m a progressive. I share a lot of the frustrations that my fellow progressives share. When I look at the alternative, I think, well, it sure beats the alternative. But I think you’re onto something in the following sense, Dylan. These things I’ve mentioned, just examples of things that the president can do, while on the edges, they still have an effect. All they do, I think, is illustrate that if we want to see action, okay, it may not be as good as a $500 billion jobs bill, but don’t stop, don’t stop, with asking Congress—“
DYLAN: “But I guess where I take issue is, this president is working for the bad guys. The Democrats are working for the bad guys. So are the Republicans. The Democrats get away with it by saying, ‘Look at how crazy the Republicans are; at the Democrats pretend to care about people.’ BUT THE FACT IS THE 2-PARTY POLITICAL SYSTEM IS UTTERLY BOGUS."
Burn their "Money"
Having said that, the Republicans also want to resume the speculation with easy money toxic loans in real estate. Dimon wants it, the IMF wants to rekindle securitization, guaranteed by government. So does Wells Fargo and the list goes on and on. The hedge funds want off the TBTF Dodd-Frank list so they can play the real estate card again, and Cantor is the primary hedge fund guy in Washington. Oh, and he belongs to the TEA PARTY.
Several years ago, the situation of radioactivity contaminating the ground water in France approached the Champagne region. This caused me great distress in that I like to drink champagne on occasion. Not very often, but when the situation calls for it, yes I do. This situation has not successfully been dealt with, and these vampire yuks skimming off the top because the law allows them to are exhausting the stocks of B.C. champagne(before contamination). They have not the talent to see this. And they have had years to pay attention. I now condemn these pieces of genetic slag as set-free birdbrains who obviously had little to do with their good fortune. End the Fed. Don't sell out. Tell the owners of that silly 'world court of the world' and its obelisk to have a garage sale and quit murdering brown people. Please. We SHALL OVERCOME.
Socialism is defined as the economic principle of:
"Distributing the economic resources (goods and services) on the basis of NEED" :>Karl Marx, Das Kapital<.
The champaign drinking Millionaires on the balcony neither appear to have any dire NEEDS themselves, nor seem to display compassion with any of the stated NEEDS of the crowd below.
As proud card carrying member of a Socialist party,
I am curious, as to, what caused you qualify these Millionaires as Socialists ?
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I am using license with my description, and referring to them as Socialist b/c they have benefited from the government bailouts of Wall Street. When the gov't subsidizes and protects a particular industry, I think of that as Socialism. But in other way, you make my point rather well. What 'NEED' did Wall Street have to earn trillions in stealth bailouts - absolutely none.
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I did not censor your comment. I haven't even seen it. My blog platform (squarespace) doesn't allow comments sometimes. IT does it to my comments as well. You need to check after your comment and see if it made it up, and if not, hit the 'back' button on your browser, and your comment will still be there in the box...then copy/paste it back in. Sorry, it's a pain in the ass.
As for my use of Socialism vs. Fascism, understand that I run this blog myself, and have just a few minutes for each post. Once the story is titled it can't be changed or it changes the URL, and the link is dead. I think the point gets across as I wrote it. Most people think of bailouts as Socialism.
That is why it is of great concern that a Tea Party guy, Cantor is the main hedge fund guy in Washington.
What happens is that people think socialism versus conservatism. So, while both parties practice the bailouts, and while both parties allow massive speculation on commodities, the Republicans are leading the charge against Dodd-Frank, calling the regulation "socialism". The next housing bubble is assured if people don't understand the difference between corporate fascism and socialism. Just FYI, Daily Bail.
Also, Gary, playing the false Left-Right game will get you nowhere. DEMs supported TARP more than the GOP, and DEMs and the GOP both pushed for the end of Glass-Steagall. Additionally, Democrats, Rubin and Summers pushed for bank deregulation under Clinton. And Democrat Tim Geithner along with Republican Bernanke both love Wall Street more than life itself. The left-right crap is a non-starter.
However please understand that the WWW is a truly global medium
and local misinterpretations of otherwise scientifically defined words harm the discussion
As you can see.
To short circuit all previous remarks and
properly looked at your vid in light of the protest at hand,
(In which a Fascist process aims to regress humanity to a (Neo)-Feudal state).
I would have made the point with:
"Champaign drinking future masters observe their future serfs with disdain".
Regards.
I have blasted Geithner for his behavior as Pres of the NY Fed in my ebook, Will Rogers Great Depression to Great Recession. But that was then and this is now. Cantor is the biggest recipient of hedge fund money. Dimon wants repeal of Dodd-Frank, because he wants easy money to flow. The IMF wants securitization and easy money down the road. Wells Fargo threatened to boycott the 30 year mortgage if all loans aren't guaranteed.
So, Daily Bail, the Republicans, along with some Dems, are now pushing for hedge funds to be left off the Dodd-Frank TBTF list, so they can play in the next bubble. While both parties allow way too much speculation, Dodd-Frank is the Glass-Steagall of real estate. Therefore, to repeal it is to allow speculation to enter into real estate again. Funny that the Tea Party, which says you have to pay back your crappy loan is now being funded by the hedge funds that made those loans possible.
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"Champaign drinking future masters observe their future serfs with disdain".
Well said Fliteshare. You can work for me on headlines any day of the week.
"[Rahm] Emanuel garnered from hedge funds more than the top 11 Republican lawmakers, combined."
http://dailyantikos.blogspot.com/2008/11/rahm-emanuel-bought-and-paid-for.html
See also http://www.nakedcapitalism.com/2010/04/rahm-emanuel-and-magnetar-capital-the-definition-of-compromised.html ("As the Magnetar-Rahm connection highlights, Obama raised more money from financial services players than any previous presidential candidate, so it can hardly be a surprise that he and his minions are happy to give the industry a free pass.")
Is anyone else surprised by the abject lack of talent amongst the Wall Street Socialist Millionaires' females? Sheesh. I can't even remember the last the time I got up with a woman that bland. And do you know why? Because the last time that happened, I was shit-faced drunk, which is the sole explanation for such an egregious security breach.
I dated a dumpster-diver from Elkhart who plants each and every woman in that video permanently in the shade. And then I traded WAY up.
"Chicks like guys with dough." What a supreme cop-out.
What's with the meaningless chants?
Liberal mob mentality.
Or of course when the bigwigs hop on their private jets to escape or call for their house maids and find that those very people are relatives of someone they've bankrupted. Bankers-your paranoia is real. The regular folk are out to get you. They will get you, one way or the other.
It's going to happen. It always does.
The most hilarious are the "libertarian" types whose thin masquerade fails and revealingly snarl against their ostensibly sacred non-aggression principle.
"Man is born an asocial and antisocial being. The newborn child is a savage. Egoism is his nature. Only the experience of life and the teachings of his parents, his brothers, sisters, playmates, and later of other people FORCE HIM to acknowledge the advantages of social cooperation and accordingly to change his behavior." ~Ludwig Von Mises, Omnipotent Government, p. 241
"[The Native Americans] didn't have any rights to the land ... Any white person who brought the element of civilization had the RIGHT TO TAKE over this continent." ~Ayn Rand, speech at the United States Military Academy at West Point, New York, March 6, 1974
"Cops must be unleashed, and allowed to administer instant punishment ... UNLEASH THE COPS to clear the streets of bums and vagrants. Where will they go? Who cares?" ~Murray Rothbard, Essays of Murray N. Rothbard Edited by Llewellyn H. Rockwell, Jr.
In reality, the agricultural city-State (civilization) requires massive amounts of violence to maintain the primary Big-Government entitlement program: land title to privation property for the privileged people.
"Premise Three: Our way of living—industrial civilization—is based on, requires, and would collapse very quickly without persistent and widespread violence." ~Derrick Jensen, Endgame
Derrick Jensen on violence and civilization (mirror)
END:CIV
http://www.youtube.com/watch?v=4a6E3TMjrUY
Capitalism, "free market, or even "ZAP" (the "Zero Aggression Principle") is a masquerade. Proponents will initiate violence in just the same manner as any socialist government for the same reason - civilization requires it to maintain its system of hierarchical domination, especially privation property.
A more honest view of privation property "rights" is addressed by attorney Jeff Vail, as follows:
When one steps back and examines the notion of “owning" something, the abstraction becomes readily apparent. Ownership represents nothing more than a power-relationship—the ability to control. The tribal institution of “Ownership by use" on the other hand, suggests simply that one can only “own" those things that they put to immediate, direct and personal use to meet basic needs—and not more. A society crosses the memetic Rubicon when it accepts the abstraction that ownership can extend beyond the exclusive needs of one individual for survival. Abstract ownership begins when society accepts a claim of symbolic control of something without the requirement of immediate, direct and personal use. Hierarchy, at any level, requires this excess, abstract ownership—it represents the symbolic capital that forms the foundation of all stratification.
source: The Right to Property
http://rewild.info/anthropik/2005/07/the-right-to-property/
As Richard Manning states in his book Against the Grain, "agriculture creates government."
Yet the libertarians do have a point, if only we can correct their complete ignorance of the nature of the agricultural city-State, or civilization. One may replace the libertarian's use of the words "government" or "state" with the whole system of "agricultural city-State" or just simply, "Civilization." For example:
The leviathan civilization, that monster devouring the earth in this century, is in the throes of death. ~Llewellyn H. Rockwell
Civilization can be and has often been in the course of history the main source of mischief and disaster. ~Ludwig von Mises
The great non sequitur committed by defenders of Civilization, is to leap from the necessity of society to the necessity of Civilization. ~Murray N. Rothbard
Civilization calls its own violence law, but that of the individual crime. ~Max Stirner
They forget that Civilization lives at the expense of everyone. ~Frédéric Bastiat
Ahhh!, now they make sense.
THAT said... Americans are still WAY too polite with the mandarins....
Do you think Louis XVI abdicated power to the Middle Class because it was the right thing to do?
He knew he was DEAD if he didn't. And they killed him anyway.
the French have far more left of their revolt than we do.... in part, because it was more protracted.... and more ruthless.
The Middle class didn't dirty their hands in that carnage either... but they provide a very important function -- they GIVE THE HEADS UP TO THE PEASANTRY.... GO FOR IT!
It was the peasantry who hauled portable guillotines through the streets, ransacking baronial mansions... and dragging the occupants to their deaths out front.
And they considered it entertainment!! --
A sniper on Wall St who took out a few champagne drinkers would have been cheered! Although few down there would have had the gumption... or the cultural tendency for violence. the crowd indicates what is DUE.... what is correct... and the peasantry does the dirty.
And if tomorrow Jamie Simon was negotiating terms to remove the necklace bomb from his daughter -- on Cable TV -
My money sez most of America would CHEER a that most entertaining reality TV.
"Socialist" essentially means the state (the government) owns some of the major production and service-providing facilities. This translates as the people owning them.
There is an obvious political movement, a propaganda campaign, in the U.S. and Britain to obscure the true meaning of "socialist". Two guesses why.
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After the bailouts, the State DID own a substantial portion of the banks.
http://www.businessinsider.com/eric-cantor-hedge-funds-man-in-washington-2011-7
These arrogant coked-up werewolf wannabe types better look in the mirror and see that the same thing undoubtedly goes this time. Just like that Walt Disney movie of 1958, White Wilderness, where set crew people actually threw lemmings off a cliff to create an illusion, though exaggerated, of what happens when lemmings decide to go elsewhere. In nature, when food becomes scarce and things get crowded for lemmings, they horde and set out, like a field mouse investation, but they will traverse plentiful areas and end up swimming out into fjiords or lakes or rivers sometimes, just like Americans voting democrat and republican for national office, knowing in their hearts it will leave them horrendously in debt for nothing and get their sons killed in pointless battle, and it will harm others. It could be the same gene. Certain aspects of organized religion come to mind. But Jesus is the greatest, ever....I'm stuck here.
Altriciality is where you find it. You Wall Street people are ripping off the police, too, but they don't know it yet. Repent and replace that which you stole. And you genetic slag swilling the good stuff, show Sarkozy how to save the waters of Champagne from the RADIOACTIVE MENACE.