What Fresh Hell Is This?

December 9, 2011

Occupy Scenes

Several dozen Occupy DC protesters rolled out the human red carpet for the U.S. Chamber of Commerce’s holiday party at their Washington, DC headquarters this evening. The Chamber is the nation’s largest corporate lobby group. As guests entered, protesters shouted, “You walk on our rights, now walk on us!” encouraging attendees to trample on the activists laying underneath the red carpet painted with “99%.” No one did, sadly, at least while ThinkProgress was in attendance.
By the way, Thinkprogress is also reporting that:
[T]he Republican National Committee will hold its annual holiday party at the supposedly non-partisan U.S. Chamber of Commerce. Though the Chamber of Commerce has tried to assert its independence, events like this reinforce the notion that, as Politico’s Ken Vogel notes, the corporate trade association might “be thought of as a GOP arm.” In 2010, the Chamber was the top outside spending group, buying over $32 million worth of advertising, almost exclusively backing Republicans.
As an aside, I have to point out what one of the commenters at thinkprogress noted before I did:
Wait a minute, wait a minute! This is a "Holiday Party", not a "Christmas Party"? What will the "War on Christmas" crowd think of THAT?
I wonder now if the good Christians at the American Family Association will include either the RNC or the Chamber of Commerce on their "Naughty or Nice" list.

Then there's this from LA:
My name is Patrick Meighan, and I’m a husband, a father, a writer on the Fox animated sitcom “Family Guy”, and a member of the Unitarian Universalist Community Church of Santa Monica.

I was arrested at about 1 a.m. Wednesday morning with 291 other people at Occupy LA. I was sitting in City Hall Park with a pillow, a blanket, and a copy of Thich Nhat Hanh’s “Being Peace” when 1,400 heavily-armed LAPD officers in paramilitary SWAT gear streamed in. I was in a group of about 50 peaceful protestors who sat Indian-style, arms interlocked, around a tent (the symbolic image of the Occupy movement). The LAPD officers encircled us, weapons drawn, while we chanted “We Are Peaceful” and “We Are Nonviolent” and “Join Us.”

As we sat there, encircled, a separate team of LAPD officers used knives to slice open every personal tent in the park. They forcibly removed anyone sleeping inside, and then yanked out and destroyed any personal property inside those tents, scattering the contents across the park. They then did the same with the communal property of the Occupy LA movement. For example, I watched as the LAPD destroyed a pop-up canopy tent that, until that moment, had been serving as Occupy LA’s First Aid and Wellness tent, in which volunteer health professionals gave free medical care to absolutely anyone who requested it. As it happens, my family had personally contributed that exact canopy tent to Occupy LA, at a cost of several hundred of my family’s dollars. As I watched, the LAPD sliced that canopy tent to shreds, broke the telescoping poles into pieces and scattered the detritus across the park. Note that these were the objects described in subsequent mainstream press reports as “30 tons of garbage” that was “abandoned” by Occupy LA: personal property forcibly stolen from us, destroyed in front of our eyes and then left for maintenance workers to dispose of while we were sent to prison.
By the way, Occupy LA is where the LAPD went undercover:
Los Angeles police used nearly a dozen undercover detectives to infiltrate the Occupy LA encampment before this week's raid to gather information on the anti-Wall Street protesters' intentions, according to media reports Friday.

None of the officers slept at the camp, but they tried to blend in during the weeks leading up to the raid to learn about plans to resist or use weapons against police, a police source told the Los Angeles Times. The source spoke on the condition of anonymity because the case is ongoing.

The undercover work yielded information that some protesters were preparing bamboo spears and other potentially dangerous weapons in advance of an expected eviction, none of which were used, according to the City News Service, which first reported the story.
So their HUMINT was wrong, I guess.

Meighan goes on to describe, in detail, the treatment he received at the hands of LA's finest.  You really should read it.  And then, as a foil, he points out:
Now let’s talk about a man who was not arrested last Wednesday. He is former Citigroup CEO Charles Prince. Under Charles Prince, Citigroup was guilty of massive, coordinated securities fraud.

Citigroup spent years intentionally buying up every bad mortgage loan it could find, creating bad securities out of those bad loans and then selling shares in those bad securities to duped investors. And then they sometimes secretly bet *against* their *own* bad securities to make even more money. For one such bad Citigroup security, Citigroup executives were internally calling it, quote, “a collection of dogshit”. To investors, however, they called it, quote, “an attractive investment rigorously selected by an independent investment adviser”.

This is fraud, and it’s a felony, and the Charles Princes of the world spent several years doing it again and again: knowingly writing bad mortgages, and then packaging them into fraudulent securities which they then sold to suckers and then repeating the process. This is a big part of why your property values went up so fast. But then the bubble burst, and that’s why our economy is now shattered for a generation, and it’s also why your home is now underwater. Or at least mine is.

Anyway, if your retirement fund lost a decade’s-worth of gains overnight, this is why.
And then:
For his four years of in charge of massive, repeated fraud at Citigroup, he received fifty-three million dollars in salary and also received another ninety-four million dollars in stock holdings
In case you're keeping score:
  • Patrick Meighan (and many many others) arrested for participating in various Occupy protests around the country.
  • Charles Prince (and many many others) NOT arrested for the fraud that led to the economic collapse in the first place - in fact they walked away with millions!


rich10e said...

Yeah they didn't arrest James Johnson,ex Fannie Mae Chair, and one of the people most responsible for the sub prime disaster in America. Oh that's right, he was a bundler for Obama!!!Or was that the guy from Solyndra, George Kaiser who bilked the taxpayer out of 500+million. He was a bundler too for Barry. "Will the circle be unbroken..."

EdHeath said...

Ah rich, you are such a parody.

rich10e said...

dispute it Edquardo.when you commented on the piece about OWS you mentioned the trillions given to banks, but when i name names you play dumb. I keep telling you to read some of the real journalism on the sub prime crisis, but you still seem to only read David's nonsense. WHat about Dodd's sweetheart deal with Countrywide's Mozillo. Just so happens that fannie Mae's johnson was also in the pocket of Mr. Countrywide. Barney Frank got a boyfirend a job at Fannie mae so he could push Franks agenda there. Open your eyes and you're mind. I know you're not dumb!!

EdHeath said...

ah rich, we've danced this dance before. You only name Democrat miscreants and get huffy when I point out the conservative/corporate elephants who dwarf the Democrat small time players in the financial collapse.

You'd arrest Dodd and Johnson and let Mozillo (and Blankfein and Dimon) go free. Such a parody.

rich10e said...

Ed burn 'em all at the stake...please !!