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Topic: How many CAFORDS members are in downtown Oakland protesting?
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Luke87GT
Lay'n more stripes than Caltrans
Member # 21
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posted
"CAFORDS, we are the 99%" right? lol.
I'm watching the news and reading about this and still don't understand one thing:
Hey 99%, in Oakland and in other parts of the country, what is it that you want?
-------------------- Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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915.0gt
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Member # 9518
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posted
Haha I said the same thing, I was at my grandmas house when I saw it on tv, asked my grandma wtf it was about she said people are mad at something going on with wallstreet and the banks...... so why the fuck are they doing a million man march thru oakland haha
Posts: 536 | Registered: Oct 2009
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Luke87GT
Lay'n more stripes than Caltrans
Member # 21
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posted
I watched several interviews this morning (from last night's protests) where reporters were asking protesters, "what is your cause and what is it that you want?"
Blank looks followed by "We are the 99%, together we are greater than the 1% and we will be heard!"
Don't get me wrong, I myself am hurting from the real estate bubble that is largely attributed to reckless loans and there are no shortages of travesties occuring on wall street, however, the cause should be defined. Leadership may need to emerge here to lead these masses, otherwise it wont' be effective.
At the same time, our country's problems aren't easy to define, let alone solve. Hell, our best and brighest struggle with it and launch us further into debt. So these protesters also don't have an easy task to clearly define their cause.
It sounds like the 99% want to level the playing field. But distinguishing yourself by working hard and capitalizing on opportunity is a theme that makes our country great.
"Bring yourself up, not the next guy down" H. Cain
-------------------- Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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CobraCoupe
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Member # 7233
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posted
whole bunch of losers with no jobs wanting to be a part of something, posers, i bet theres a handful of protesters thats really down for there cause but i bet 80% of them are there just to be there just like when the downtown riots in oakland were going off
-------------------- 1965 Mustang convertible 2004 Ford Lightning #0537
Posts: 663 | From: Hayward | Registered: Nov 2006
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phonso302
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Member # 9260
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posted
I posted asking the same question a couple of days ago one member responded with "if you don't want to be part of it leave us alone" lol
Posts: 1820 | From: PINOLE | Registered: Jun 2009
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JUNKYARD5.0
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Member # 10398
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posted
I support the movement. Basically they are figthing because the banks only care about making a profit, yet they are the "1%" but controll a large part of the economy. Without wall street we know things can get real bad.
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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Luke87GT
Lay'n more stripes than Caltrans
Member # 21
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posted
quote: Originally posted by JUNKYARD5.0: Basically they are figthing because the banks only care about making a profit
Every business in the universe, banks included, are out to make a profit. Otherwise it's not a business, it's a charity.
-------------------- Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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JUNKYARD5.0
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Member # 10398
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posted
quote: Originally posted by Luke87GT: quote: Originally posted by JUNKYARD5.0: Basically they are figthing because the banks only care about making a profit
Every business in the universe, banks included, are out to make a profit. Otherwise it's not a business, it's a charity.
Yeah every business is out to make a profit but did you not follow the SEC investigations on Goldman Sach's and all those other banks. Enron, great example of money hungrey animals. Wall Street doesn't make their profit like all most other businesses do. I'm not being Biased either, I make my living as a investor, finnancial analyst. I'm just saying the big shots in wall street need to stop being so ruthless in their methods of making money.
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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Luke87GT
Lay'n more stripes than Caltrans
Member # 21
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posted
quote: Originally posted by JUNKYARD5.0: quote: Originally posted by Luke87GT: quote: Originally posted by JUNKYARD5.0: Basically they are figthing because the banks only care about making a profit
Every business in the universe, banks included, are out to make a profit. Otherwise it's not a business, it's a charity.
Yeah every business is out to make a profit but did you not follow the SEC investigations on Goldman Sach's and all those other banks. Enron, great example of money hungrey animals. Wall Street doesn't make their profit like all most other businesses do. I'm not being Biased either, I make my living as a investor, finnancial analyst. I'm just saying the big shots in wall street need to stop being so ruthless in their methods of making money.
I'm not interested in rehabilitating people in business to become less ruthless. I'm interested in putting checks and balances in place that prevents human nature/behavior that can destroy our economy.
-------------------- Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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Camara90
1%
Member # 134
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posted
All these idiots did was waste a bunch of Oakland tax paying money that will later be pulled back and mean less protection on the street. Shit my bro in law worked 22 hours straight.. Thats a nice pay day of OT. [ October 26, 2011, 11:03 AM: Message edited by: Camara90 ]
-------------------- 92GT,stock short block,9:1 TFS 170's,perf rpm,custom cam,1 5/8 shorties,C4 trans. std. 356hp, 350tq 11.85@111.9mph on motor.
Posts: 2351 | From: 707 | Registered: Jan 2001
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JUNKYARD5.0
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Member # 10398
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posted
quote: Originally posted by Luke87GT: quote: Originally posted by JUNKYARD5.0: quote: Originally posted by Luke87GT: quote: Originally posted by JUNKYARD5.0: Basically they are figthing because the banks only care about making a profit
Every business in the universe, banks included, are out to make a profit. Otherwise it's not a business, it's a charity.
Yeah every business is out to make a profit but did you not follow the SEC investigations on Goldman Sach's and all those other banks. Enron, great example of money hungrey animals. Wall Street doesn't make their profit like all most other businesses do. I'm not being Biased either, I make my living as a investor, finnancial analyst. I'm just saying the big shots in wall street need to stop being so ruthless in their methods of making money.
I'm not interested in rehabilitating people in business to become less ruthless. I'm interested in putting checks and balances in place that prevents human nature/behavior that can destroy our economy.
So you're saying that everything Enron, Goldman Sach's, JP Morgan, and everyone else did to make money would have been just fine if they had "[put] checks and balances in place that prevents human nature/behavior that can destroy our economy"?
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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phonso302
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Member # 9260
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posted
I understand what luke is trying to say. Change should start with us the 99%. Had people not looked/asked for these fucked up mortgage loans this whole mess might not have happened. No one was forced to take a loan everyone went in voluntarily. People thought they found a shortcut to wealth and didn't weigh in the risk. Its like you walking into a casino throwing down 10k on a black jack hand, loosing then cry and blame the casino for not warning you that you might loose.
Posts: 1820 | From: PINOLE | Registered: Jun 2009
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JUNKYARD5.0
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Member # 10398
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posted
quote: Originally posted by phonso302: I understand what luke is trying to say. Change should start with us the 99%. Had people not looked/asked for these fucked up mortgage loans this whole mess might not have happened. No one was forced to take a loan everyone went in voluntarily. People thought they found a shortcut to wealth and didn't weigh in the risk. Its like you walking into a casino throwing down 10k on a black jack hand, loosing then cry and blame the casino for not warning you that you might loose.
That's the thing though, they knew you would get f'd but they didn't tell anyone, it was all sugarcoated. They made these "package" loans and encouraged their clients to invest in them and then shorted them because they know it would be a failure.
here's what people are talking about 1% and all: http://news.yahoo.com/blogs/lookout/numbers-income-top-one-percent-skyrocketed-over-last-153005722.html
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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sic70stang
CAFords OG
Member # 4347
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posted
1% ftw!
-------------------- The anti-crew 1987 rolling safety violation.
Posts: 6940 | From: California | Registered: Jul 2005
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JUNKYARD5.0
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Member # 10398
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posted
quote: Originally posted by SIC70STANG: 1% ftw!
Are you a 1%er yourself?
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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phonso302
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Member # 9260
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posted
quote: Originally posted by JUNKYARD5.0: quote: Originally posted by phonso302: I understand what luke is trying to say. Change should start with us the 99%. Had people not looked/asked for these fucked up mortgage loans this whole mess might not have happened. No one was forced to take a loan everyone went in voluntarily. People thought they found a shortcut to wealth and didn't weigh in the risk. Its like you walking into a casino throwing down 10k on a black jack hand, loosing then cry and blame the casino for not warning you that you might loose.
That's the thing though, they knew you would get f'd but they didn't tell anyone, it was all sugarcoated. They made these "package" loans and encouraged their clients to invest in them and then shorted them because they know it would be a failure.
here's what people are talking about 1% and all: http://news.yahoo.com/blogs/lookout/numbers-income-top-one-percent-skyrocketed-over-last-153005722.html
Ok and back to the point, who's fault is it? If I approach you and ask you to invest 100k are you not going to do some research on where your money is going? Would you trust a bank if they tell you not to worry.
Posts: 1820 | From: PINOLE | Registered: Jun 2009
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DLo
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Member # 6133
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posted
quote: Originally posted by SIC70STANG: 1% ftw!
-------------------- 94 GT
Posts: 1876 | From: Bay Area, CA | Registered: Oct 2005
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JUNKYARD5.0
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Member # 10398
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posted
quote: Originally posted by phonso302: quote: Originally posted by JUNKYARD5.0: quote: Originally posted by phonso302: I understand what luke is trying to say. Change should start with us the 99%. Had people not looked/asked for these fucked up mortgage loans this whole mess might not have happened. No one was forced to take a loan everyone went in voluntarily. People thought they found a shortcut to wealth and didn't weigh in the risk. Its like you walking into a casino throwing down 10k on a black jack hand, loosing then cry and blame the casino for not warning you that you might loose.
That's the thing though, they knew you would get f'd but they didn't tell anyone, it was all sugarcoated. They made these "package" loans and encouraged their clients to invest in them and then shorted them because they know it would be a failure.
here's what people are talking about 1% and all: http://news.yahoo.com/blogs/lookout/numbers-income-top-one-percent-skyrocketed-over-last-153005722.html
Ok and back to the point, who's fault is it? If I approach you and ask you to invest 100k are you not going to do some research on where your money is going? Would you trust a bank if they tell you not to worry.
Fact is, most clients do not research where their money is going to, especially with big banks who they have had for years and years.
Regardless, I'm not going to sit here and argue with you back in forth, I'm meeting with a friend on thursday who is a VP from Morgan Stanley, I'm sure he knows much more about who's fault it is, then we can see some of it from Wall Street's perspective.
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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DIRTY SALLY
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Member # 7845
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posted
i herd slowback is still standing on that tower in san jose
-------------------- --------- Savage Habits instagram @2cheezen
Posts: 9145 | Registered: Aug 2007
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Luke87GT
Lay'n more stripes than Caltrans
Member # 21
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posted
quote: Originally posted by JUNKYARD5.0: quote: Originally posted by phonso302: I understand what luke is trying to say. Change should start with us the 99%. Had people not looked/asked for these fucked up mortgage loans this whole mess might not have happened. No one was forced to take a loan everyone went in voluntarily. People thought they found a shortcut to wealth and didn't weigh in the risk. Its like you walking into a casino throwing down 10k on a black jack hand, loosing then cry and blame the casino for not warning you that you might loose.
That's the thing though, they knew you would get f'd but they didn't tell anyone, it was all sugarcoated.
Some did and some didn't. One thing I think everyone can agree on is if you were in the business of writing loans back in '2005-2007, and you weren't playing the game like everyone else, you weren't putting bread on the table.
Point is, the problem existed on a massive scale! And that's what I mean about checks/balances limiting the practices that we were seeing. For example, if your monthly mortgage was going to cost you more than X% of your monthly salary, you don't get the loan, PERIOD. That number "X" has dropped since 2007 as well...
Similar to power finding the weak link in a drivetrain, people will find the weak link in the system in order to get ahead. I'm all for capitalism and free trade, but in some cases, the screws need to be tightened.
-------------------- Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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JUNKYARD5.0
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Member # 10398
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posted
quote: Originally posted by Luke87GT: quote: Originally posted by JUNKYARD5.0: quote: Originally posted by phonso302: I understand what luke is trying to say. Change should start with us the 99%. Had people not looked/asked for these fucked up mortgage loans this whole mess might not have happened. No one was forced to take a loan everyone went in voluntarily. People thought they found a shortcut to wealth and didn't weigh in the risk. Its like you walking into a casino throwing down 10k on a black jack hand, loosing then cry and blame the casino for not warning you that you might loose.
That's the thing though, they knew you would get f'd but they didn't tell anyone, it was all sugarcoated.
Some did and some didn't. One thing I think everyone can agree on is if you were in the business of writing loans back in '2005-2007, and you weren't playing the game like everyone else, you weren't putting bread on the table.
Point is, the problem existed on a massive scale! And that's what I mean about checks/balances limiting the practices that we were seeing. For example, if your monthly mortgage was going to cost you more than X% of your monthly salary, you don't get the loan, PERIOD. That number "X" has dropped since 2007 as well...
Similar to power finding the weak link in a drivetrain, people will find the weak link in the system in order to get ahead. I'm all for capitalism and free trade, but in some cases, the screws need to be tightened.
Very nicely put Luke!
-------------------- "My team doesn't make hits, we hit home runs" 86 Coupe-Storage 91 Coupe-Sold 91 Hatch-In Progress... 04 SVT-RIP
Posts: 1854 | From: WEST Menlo | Registered: Oct 2010
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95gtdrop
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Member # 7478
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posted
if your protesting, stop.
put on some clean clothes fill out some job applications and get a fucking job.
all the police at that protest was the biggest waste of yours and my tax dollars. spending money so those fucking losers can camp out for free. most of the people dont even know why the fuck there protesting other than the fact thats its " the thing to do"
get a fucking life, job both or go jump off of the bay bridge head first. please!!!!!
-------------------- 1997 SVT cobra SOLD;( 2004 SVT Cobra Vert
Posts: 1221 | From: sacramento | Registered: Mar 2007
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blackfeather
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Member # 10109
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posted
you guys they are protesting about how the bankers and corporations are involved with politics. How all the wars are for corporate greed. Alot of people are getting rich off the deaths of our soldiers and the deaths of civilians. Jobs have a small part of the occupation..you may say they are hippies and losers with no jobs...but cmon now...its ours and there kids future at stake here. America is in a real bad situation now and alot of people think that losing there job or income will never happen to them until it does and they become desperate and demand change. they will be out there protesting
Posts: 214 | From: alameda | Registered: Jun 2010
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bentley mobs a stang
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Member # 11119
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posted
People forget that this entire country is successful because of greed. That's how capitalism works. People want customers to walk into their door to spend hard earned cash instead of going to the other guy to spend their cash. This creates competition, leading to better products and services. The better a product or service is than the other guy, the more people will come to u. They also lower prices along with improved services as much as they can. All these socialist ideas like universal healthcare are gunna change that. Anything government service has no reason to improve, because they are essentially a monopoly. A dmv office or a post office or ss office are all perfect examples. Anything service the government provides is absolute shit. And u don't think the gov is greedy? They are the greediest of all! I've never heard of a government official who is willing to take a paycut to use the tax dollars where it is elsewhere needed. Work hard, earn your living instead of expecting it from the gov, and don't count on them for anything. Personally I want the gov as far away from my life as possible. Don't worry about how much money I make, where I spend it, and quit tryna take my hard earnings. That's the same thing that the "1%" feels and its a shame more people don't feel the same way.
Posts: 531 | From: East Bay | Registered: Jul 2011
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