Tuesday
Oct182011
SNL Spoofs Bloomberg’s Occupy Wall Street Crackdown
Video - Saturday Night Live - Oct. 15, 2011
Moderately funny, but the exposure is what matters.
“While these protests began in New York, these other protests have spread around the globe, proving once again that New York sets the trends and the rest of the world follows.”
He added: “So with all due respect to Chicago, Los Angeles, and London, if you’re looking to vent your rage at a system where the richest 1 percent controls 40 percent of the planet’s wealth, there is no better time, and no better place, than autumn in New York.”
Reader Comments (4)
http://www.rawstory.com/rs/2011/10/17/bernie-sanders-occupy-protests-pushing-obama-to-stand-with-working-people/
Free Tibet said Tenzin Wangmo, 20, called for religious freedom in Tibet and for the return of the Dalai Lama as she set herself on fire on Monday, in the latest protest against perceived repression in the area.
http://www.rawstory.com/rs/2011/10/17/tibetan-nun-self-immolates-in-china-rights-group
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I forget when you said you started looking into the whole bailout debacle, but I remember in early 2009 you could not read Business Insider, for example, or even Yahoo Finance -- to say nothing of Zero Hedge, Market Ticker and (of course) The Daily Bail -- without someone advocating out-and-out revolution. Every single day someone was trying to get people to riot in the streets and take a stand. Or else they were openly wishing for the death and dismemberment of Tim Geithner or Ben Bernanke. That is no exaggeration. Every single day.
But the people making these comments were ones who already knew what was going on, people who already had some idea of what a CDO is, or a CDS, people who understood terms like "Maiden Lane" and "TALF." In other words, it was people from within or around the markets who first "got it" and were mad as hell about it all.
Somehow the message has gotten out that, well..."Banks got bailed out, we got sold out." And the economy, as one of my favorite economists likes to say, is still "in the shitter." What's happening now is definitely real. I've been waiting three years for this. I don't care if they don't know what a synthetic collateralized debt obligation is, I'm just glad they're angry.
http://mashable.com/2011/10/17/occupy-wall-street-social-media-maps/