Occupy Wall Street protest

[Faldur]

It is so do think all of these protesters could fit in Tim's anus

Hahaha.. some funny shit right there

[Ben]

I think the interviews they do with them on the street is hilarious. Not a one can articulate why they are even there. "Corporations are Evil!", wait let me check my iPhone for messages. There is more Corporate hardware there than at a GEEK conference.

It's ludicrous to call corporations evil. They are rational, exceedingly rational. They're highly rational structures based on self interest.
Plus: they're amoral entities, as it were. They aren't -- and cannot -- be concerned about what's right or wrong. The issue of morality isn't what the corporate institution is about. Nor, again, can it be. The people down below, as it were, at the protests are simply referred to as: externalities. Or the cost to others. (Now when a bank makes a transaction they're simply calculating the cost to themselves. What they don't -- and can't -- take into account is the cost of that transaction on others. Or the risk to the system....)
The problem would be the inordinate power corporations have over supposedly democratic governments. I mean, everyone knows this. From Obama to Bill Gates.
But to say they're evil, again, is missing the point.
One can decry corporations as being undemocratic. Which they certainly are. And anti-democratic. (I mean, a corporation can be run by the shareholders. Not the CEO along with the board of directors. But the actual shareholders. But would that be rational???)

[Bobby Domino]

It's ludicrous to call corporations evil. They are rational, exceedingly rational. They're highly rational structures based on self interest.
Plus: they're amoral entities, as it were. They aren't -- and cannot -- be concerned about what's right or wrong. The issue of morality isn't what the corporate institution is about.

I remember a very astute mind recently saying "corporations are people, too."

[giovanni_hotel]

Corporations are run by PEOPLE. By that standard they are anything but rational. Their apprehension towards the current POTUS who by most definitions has governed as a moderate conservative should prove this.

Obama has been 'corporate friendly' as all modern U.S. presidents have been, yet for some reason the corporate chieftans 'fear' Obama.

Corporations are amoral in the abstract, but rarely in practice since their decisions nearly always have a direct consequence, good or bad, on the lives of living human beings.

Capitalism as an economic paradigm is amoral, but never in practice.

[BellaBellucci]

Corporations are run by PEOPLE. By that standard they are anything but rational. Their apprehension towards the current POTUS who by most definitions has governed as a moderate conservative should prove this.

Obama has been 'corporate friendly' as all modern U.S. presidents have been, yet for some reason the corporate chieftans 'fear' Obama.

Corporations are amoral in the abstract, but rarely in practice since their decisions nearly always have a direct consequence, good or bad, on the lives of living human beings.

Capitalism as an economic paradigm is amoral, but never in practice.

^ This. Lightly regulated capitalism has historically provided us with the most economic growth. Over and under regulating has always created turmoil. The idea is to find a happy medium that is most beneficial to the greatest number of individual citizens. The Supremes screwed up big time in the ruling to which Romney is referring.

~BB~

[dbev]

http://www.bcove.me/zyyqxvhm

[Yvonne183]

I am curious??? What would happen if Wall street was to decide to get up and leave the US? What if Wall street moved to China? I mean all the corporations from Walmart to Apple use Chinese to make their products, so the corporations are in a way already in China. What if wall street and maybe if it was possible, all corporations left the US and made their camps in China. How would we protest them if that happened. According to what some think, China is too powerful to demand anything from.

I am not knowledgeable on all the workings of wall street, but is it possible that wall street can actually move away? Is this doable? If they did move to China then they'd have the mighty power of China to protect them from protesters. I'm just saying maybe we better be careful on how much we want to push someone into a corner.

[MdR Dave]

"Wall Street" has already moved. After 9/11 companies decentralized operations. New York started to lose primacy- many thought London would emerge as inheritor but that has quite happened.

In truth, our finance centers are on server farms. The fungibility of currency, not being backed by anything tangible, helps ensure that capital is mobile and can move as quick as a keystroke.

We will always have jobs centers, but Wall Street as we think of it is long gone. Just a symbol, really.

[BellaBellucci]

I am curious??? What would happen if Wall street was to decide to get up and leave the US? What if Wall street moved to China? I mean all the corporations from Walmart to Apple use Chinese to make their products, so the corporations are in a way already in China. What if wall street and maybe if it was possible, all corporations left the US and made their camps in China. How would we protest them if that happened. According to what some think, China is too powerful to demand anything from.

I am not knowledgeable on all the workings of wall street, but is it possible that wall street can actually move away? Is this doable? If they did move to China then they'd have the mighty power of China to protect them from protesters. I'm just saying maybe we better be careful on how much we want to push someone into a corner.

China's economy and business climate is even more regulated than our own. I mean, you can't even use Facebook there. What you're considering won't be a beneficial option as long as:

1) The U.S. remains the world's largest economy
2) The Chinese want to tell companies how to do business
3) The U.S. Dollar is the reserve currency
4) The U.S. Supreme Court holds that a corporation is a legal entity in the same sense as an individual human being

Also, China already has a stock exchange. What you're proposing isn't moving 'Wall Street,' but moving the corporate headquarters of the companies that do business there.

~BB~

[Yvonne183]

"Wall Street" has already moved. After 9/11 companies decentralized operations. New York started to lose primacy- many thought London would emerge as inheritor but that has quite happened.

In truth, our finance centers are on server farms. The fungibility of currency, not being backed by anything tangible, helps ensure that capital is mobile and can move as quick as a keystroke.

We will always have jobs centers, but Wall Street as we think of it is long gone. Just a symbol, really.

If that is so, then why are the protesters down there? Maybe they should go somewhere else? is there somewhere else? I am not being mean or stupid, I really want to know how blocking streets on the Brooklyn bridge where Wall street no longer exists is going to hurt wall street corporations?

in a way this is sort of what i meant in my first posts about cry babies, if one wants to do any good then they should go to the source of the problem and from what i see,, wall street is not the place to have protests, all it seems to do is tie up traffic and cost lots of money for police.