I think the occupy movement will morph into other areas of concern. For example, students have begun to express their concerns about on-campus recruiting by Wall Street, particularly Goldman Sachs and JP Morgan. So there have been some loud "Mic Checks" on campus recently.
Occupy Princeton Hijacked a Goldman Sachs Recruiting Event
By Adam Clark Estes - The Atlantic Wire
On Wednesday and Thurday night, Occupy Princeton protesters visited information sessions for J.P. Morgan and Goldman Sachs, respectively. After walking around, shaking some hands and chatting with the recruiters, the protesters chimed in with the now-familiar, banker crushing refrain: "Mic-check!" What follows amounts to a laundry list of offenses committed by the companies' before and after the financial crisis with a particular emphasis on how the culture at J.P. Morgan and Goldman Sachs defies Princeton's motto. It's unclear if Princeton professor, New York Times columnist and Occupy sympathizer Paul Krugman did a little tap dance in his office when he heard about the actions. Nevertheless, the disruption earned its way onto The Times's Dealbook blog. It would seem that the group accomplished what they set out to do.
"My personal goal is to raise awareness," protester Robert Joyce told The Daily Princetonian. “We’re young. These are some formative years. We’re around very smart people and this is our chance to challenge our views."
We can probably expect a lot more videos of Ivy League Occupy protesters causing a ruckus during campus visits from big banks, but for now, these clips of J.P. Morgan and Goldman Sachs getting the mic-check treatment at Princeton are winning the web. Though we do enjoy the reaction from the company representatives who are presumably Princeton alums -- there's a lot of staring at the floor as the activists explain how evil the companies are -- the best part about the videos is how well-organized the students seem. They even wore ties!
You can see the videos here
7 COMMENTS:
Goldman Sachs Group Inc. (GS) plans to issue four certificates of deposit linked to stocks as record low interest rates drive investor demand for the potentially higher-yielding CDs.
In other words in the event of a big rally in the market on the month Goldman will keep much if not most of the profit. In the event of a big crash, you will eat the loss.
Why would anyone buy such a product? There's no reason to do so, and if there's any sort of fiduciary responsibility associated with the seller I'd love to see their argument justifying how this isn't a raw violation of that responsibility.
Since this is listed as a "CD" I presume it falls under FDIC coverage if Goldman fails.
http://market-ticker.org/akcs-www?post=198914
It’s the "smoking gun" that links Barack Obama with Bob Rubin-Goldman
Sachs, free trade and cuts in entitlements. It’s the young Senator
Barack Obama’s little commented on and little-known speech to the
Hamilton Project in April, 2006, well before he became president.
Senator Barack Obama ran a stealth campaign for the presidency in
which he took positions on issues that he obviously didn’t believe which
explains why he jettisoned them early on (FISA; NAFTA renegotiation;
DADT; DOMA etc.). But the REAL, unvarnished Obama was unveiled in a
speech he gave as a Senator from Illinois in 2006. He spoke at the
request of "my friend" Bob Rubin whose Goldman Sachs had just funded the
Hamilton Project, a free trade think tank embedded in the Brookings
Institution./>
I. Background: Why the Hamilton Project is Important.
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Obama’s Hamilton Project speech is vital to understanding the man since:
1) it shows the real Obama before his p.r./propaganda team repackaged him;
2) it shows his links, at an early age, to Bob Rubin and Goldman Sachs; he’s been owned by Goldman ever since;
3) it shows Obama has long been a free trader and lied to get votes
when he promised to renegotiate NAFTA. He had no such intention and is
philosophically opposed to such a renegotiation. He made that promise
(and flip-flopped on it) to pander for union votes in Ohio while
fighting Hillary for the nomination;
4) it shows Obama is in the bag for what Goldman really wants: free
trade AND cuts to entitlements (including social security and medicare).
http://www.nakedcapitalism.com/2011/12/most-evil-person-of-the-year-award.html#comment-563012
Greg Hunter
The fraud is too big....
http://www.itulip.com/forums/showthread.php/21181-Greg-Hunter
http://www.moneytrendsresearch.com/must-read-the-federal-reserve-cartel-part-i-the-eight-families/
Regarding the link I posted above is a MUST READ titled:
The Federal Reserve Cartel: Part 1: The Eight Families
Ron Paul Proposes Interesting Salary For Himself As President
Washington bureaucrats, Paul says now, "would like it to be complicated, and that we have to accept this complex monetary system of the Federal Reserve. But it's no more complicated than two little kids talking ..."
It's not complicated, he insists. These are the themes he has been addressing, consistently, since he entered politics in 1974, over the course of 12 terms in Congress, through his third bid for the White House: Free markets are good. The Federal Reserve is evil. The gold standard should be restored. Government is the cause, not the cure, of the nation's troubles.
"If it tries to make us virtuous and it tries to make us better people and fairer people and make us more generous and make sure that nobody's richer than the other person, redistribute your wealth, the ONLY way they can do that is the undermining of our personal liberties," Paul told a raucous crowd of several hundred supporters during a recent "Restore Liberty Rally" at the Greenville Convention Center.
"And that isn't the purpose of government. The purpose of government is exactly the opposite. The purpose of government is to protect our liberties."
http://www.huffingtonpost.com/2011/12/10/ron-paul-proposes-interes_n_1140723.html?ref=gop
GOVERNMENT.--The administration of government, like a guardianship, ought to be directed to the good of those who confer and not of those who receive the trust.--CICERO
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