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Friday
Sep302011

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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Check Out 55 Wall Street

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.

 

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Reader Comments (41)

Ratigan nails the Republican and Democratic factions of the one-party Kleptocracy known as Wall Street. If you still believe in left-right puppet show, get to the nearest mirror and shout "KNAVE!" until the mythical recovery arrives.

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."
Sep 26, 2011 at 3:23 PM | Unregistered CommenterCheyenne
Dear, Lord. These balcony idiots look like the Roman elite as the Visigoths sacked their city...CLUELESS!!!
Sep 26, 2011 at 3:38 PM | Unregistered CommenterJosie
Spread the Wealth
Burn their "Money"
Sep 26, 2011 at 4:40 PM | Unregistered CommenterThebes
"the people united will never be defeated." but the people will never be united, that is the problem.
Sep 26, 2011 at 4:51 PM | Unregistered CommenterSnipers for Peace
Lots of the folks want more bank regulation. I am sure they all don't think the entire edifice can be taken down. Most want the speculation to stop. It was controlled at the end of WW2. It can be controlled again. But the government has to control the speculation in all these commodities including food and gas.

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.
Sep 26, 2011 at 4:52 PM | Unregistered CommenterGary Anderson
90 Day moratorium on credit card debt repayment- or however long needed till we see indictments. Anything less is just entertaining distractions for the New World Order Masters of the Universe. BOYCOTT the CARD and see those bankers jump the rails instead of toasting champagne!
Sep 26, 2011 at 4:56 PM | Unregistered CommenterMark to Market
Anybody can drive the wrong side of the highway during deregulation.

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.
Sep 26, 2011 at 7:59 PM | Unregistered CommenterHoward T. Lewis III
Dear Daily Bail,

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 ?
Sep 26, 2011 at 9:44 PM | Unregistered Commenterfliteshare
Darts travel really well when thrown at people on balconies... attach little notes to them. (Note: this was meant to be taken as a joke... the author does not condone violence against the blood-sucking banksters in any way, shape or form.)
Sep 26, 2011 at 9:50 PM | Unregistered CommenterAnonymous
As proud card carrying member of a Socialist party, I am curious, as to, what caused you qualify these Millionaires as Socialists ?

---

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.
Sep 26, 2011 at 10:16 PM | Registered CommenterDailyBail
@Anonymous - great work with 'outing' Anthony Bologna - you guys (and gals) continue to do great work. Let us know if anything happens with Judge Golia and the Sunny Sheu case.
Sep 26, 2011 at 10:17 PM | Registered CommenterDailyBail
Again, it isn't Socialism, it's Fascism. A government subsidising and protecting the financial and corporate elite isn't Socialism. I know you think you're "using license," but you're dead wrong. As I stated in my previous post (which somehow hasn't made it online...), Americans seem to have a strange McCarthy- era gag reflex whenever the term "Socialism" is used. By not describing this video above as an example of American Fascism, you're misleading your readers as to the nature of the threat they're facing. "Using license" doesn't make it right, just like poetic license doesn't make it rhyme. Nice try, though. Your accusations of "Socialism" remind me of the description of Guantanamo suicides as "Asymmetric Warfare." Hilarious mental & linguistic gymnastics.
Sep 26, 2011 at 10:34 PM | Unregistered CommenterMe
As I stated in my previous post (which somehow hasn't made it online...

---

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.
Sep 26, 2011 at 10:44 PM | Registered CommenterDailyBail
Most people thinking the bailouts as being socialism is a huge error for what you are trying to do. People need to undrestand that the banks come from the right. They will use the left when necessary but they are home on the right.

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.
Sep 26, 2011 at 11:39 PM | Unregistered CommenterGary Anderson
I don't know that fascism is the right term either; we are really splitting hairs. It's corporatism, or crony capitalism that is at work here. I called it Socialism, b/c with the bailouts came ownership of the banks, and Socialism does refer to state owned industries. Either way, I don't think my choice of words is the huge deal some are making it out to be. I think everyone understands that the bailouts were a huge ripoff of taxpayers, no matter the phrasing.

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.
Sep 27, 2011 at 12:01 AM | Registered CommenterDailyBail
I been calling it Corporatism all along, and don't those "let them eat cake" people look wonderful in all their finery...
Sep 27, 2011 at 8:59 AM | Unregistered CommenterS. Gompers
Mock? Hardly...
Sep 27, 2011 at 12:49 PM | Unregistered CommenterPasi Arasola
OK DailyBail out accepted (pun for comical effect).

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.
Sep 27, 2011 at 10:12 PM | Unregistered Commenterfliteshare
Being the "Daily Bail" is not a easy job, but you Rock Tonight Sir.....! I stand right behind your back ? Words are eazy twisted, but the truth is still the truth....!
Sep 27, 2011 at 10:28 PM | Unregistered CommenterTexas Dar
"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."

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.
Sep 28, 2011 at 10:30 AM | Unregistered CommenterGary Anderson
Good points Gary.

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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.
Sep 28, 2011 at 10:37 AM | Registered CommenterDailyBail
Hedge funds spread their love generously to Democrats as well.

"[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.")
Sep 28, 2011 at 11:11 AM | Unregistered CommenterCheyenne
I cannot hold it in any longer. I was hoping someone else would say something, but alas.

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.
Oct 1, 2011 at 9:07 AM | Unregistered CommenterCheyenne
I heard from an eyewitness on FOX News that the foul stink of unbathed the "marching" hippie slugs was unbearable
What's with the meaningless chants?
Liberal mob mentality.
Oct 1, 2011 at 1:19 PM | Unregistered CommenterAliveStillKickin
And I'll be drinking a nice cup of tea when the Wall Street members starts diving out of windows or some lowly banking clerk is fired,becomes suicidal, and takes some of the banking bigwigs with them on their trip to eternity.

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.
Oct 1, 2011 at 1:36 PM | Unregistered CommenterLili
"Free Market" is mostly a psychopathic liar's word used by agricultural city-Statists (Civilizationists) to whitewash their blatant aggression, as blatant as any "socialist's" aggression. Civilization has always been externally invasive and internally oppressive, from the Sumerian civilization to the Roman Empire to the American superpower, no matter the political flavor.

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/
Oct 1, 2011 at 1:41 PM | Unregistered CommenterWhite Indian
Another hilarious aspect of "libertarianism" is the shrill fulmination against the "State" (or equivalent term government) while simultaneously asserting that the agricultural city-State, i.e., Civilization, is somehow an achievement instead of a suicidal disaster.

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.
Oct 1, 2011 at 2:06 PM | Unregistered CommenterWhite Indian
Its a good rule of thumb to distrust the most vociferous in any group... for they are usually provocateurs....

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.
Oct 1, 2011 at 3:20 PM | Unregistered Commenterjack t
Let them drink cake!
Oct 1, 2011 at 5:51 PM | Unregistered CommenterMarie Antoinette
Patience is virtue Marie. They will.
Oct 1, 2011 at 5:58 PM | Unregistered Commenterjohn
Words have meanings and there is no excuse for "poetic license" when using the word "socialist". The word you are afraid to use is "fascist". Mussolini himself defined "fascism" as the amalgamation of large, monopolistic corporations with the government, which is essentially corporate control of government.

"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.
Oct 1, 2011 at 6:04 PM | Unregistered CommenterChris
"Socialist" essentially means the state (the government) owns some of the major production and service-providing facilities.

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After the bailouts, the State DID own a substantial portion of the banks.
Oct 1, 2011 at 6:17 PM | Registered CommenterDailyBail
Good try, Daily Bail. But there's a world of difference between the government bailing out a bank with low interest loans and the government buying a controlling interest in a bank. Crony capitalism, when your cronies are in power in the government, is the exact OPPOSITE of socialism.
Oct 1, 2011 at 6:36 PM | Unregistered CommenterChris
The cue ball has been hit.... stay cool cause it takes a moment to go where it is going. Keep focused.
Oct 1, 2011 at 6:47 PM | Unregistered Commenterjohn
Yes Cheyanne, but the tide has turned and now Cantor is the hedge fund man.

http://www.businessinsider.com/eric-cantor-hedge-funds-man-in-washington-2011-7
Oct 1, 2011 at 8:02 PM | Unregistered CommenterGary Anderson
CF REC's (Cantor Fitzgerald) renewable energy credits.
Oct 1, 2011 at 8:18 PM | Unregistered Commenterjohn
Wouldn't it be funny if the champagne drinkers on the balcony had their money invested in rope?
Oct 1, 2011 at 8:19 PM | Unregistered CommenterW. Shakespeare
I would like to see Puke spit up in yr face, not down on the smart people.........?
Oct 1, 2011 at 9:57 PM | Unregistered CommenterTexas Dar
Dear Lili, I was told by a now deceased family friend that I could rest assured that most of the brokers and investors during the crash of 1929 did not "commit suicide" by "shooting themselves in the head" or " jumping out of windows". They were shot and pushed by pros who had families to feed as well and KNEW that the motivation for their employment involved the FACT that certain more wealthy investors were tipped off to the impending crash while the other wealthy investors, as well as middle class and incidental investors were not because the brokers needed income from diminishing returns on stocks and bonds to cover their own debts. Brokers are supposed to run a SERVICE.

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.
Oct 2, 2011 at 3:33 PM | Unregistered CommenterHoward T. Lewis III
They are a brave bunch-showing their faces online so everyone knows who they are...
Oct 3, 2011 at 10:22 AM | Unregistered Commenterlili
WE Party Mentors can help! www.wepartymentors.info
Oct 4, 2011 at 10:48 AM | Unregistered CommenterArlan

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