Day 26

November 3, 2011
By



This is not an official statement by the General Assembly of Occupy Portland.

3 Responses to Day 26

  1. eric on November 3, 2011 at 9:35 am

    More often than not, when you Occupiers open your mouth – what we hear are erroneous “facts” and misinformation. You seem to lack the critical thinking skills and ability to source accurate information. Many of you claim to have exorbitant student loan debt. I’d be angry about that, too, if I were you because you obviously didn’t receive a quality education – rather you were filled with left-wing propaganda and poor discernment skills.

    I’ll give you an example from this video. There’s a young man who laments that we were told that the TARP funds would be about $800 billion, but that really the government gave $16 trillion to banks in the US and around the world, which is more than our GDP. The only part of this that is factually accurate is that $16 trillion is higher than the US GDP, but contrary to his belief the government has NOT given anywhere close to $16 trillion to banks and financial institutions, or any other recipients of bailout money, for that matter. The total amount of government funds committed to the “bailout” is $11 trillion. However, to assume that this all went to banks is simply not true. More than $4 trillion went to things like Fannie & Freddie, FHA, Cash for Clunkers, fuel efficient vehicle manufacturing, student loan guarantees, unemployment benefit extensions, etc. Furthermore, most of the true TARP money that went to banks has already been repaid with interest. Here’s a link to the US Treasury’s TARP Tracker that indicates 77% of true TARP money has been repaid: http://www.treasury.gov/initiatives/financial-stability/results/Pages/TarpTracker.aspx Also, just yesterday AIG made an additional TARP repayment of $972 million, leaving its remaining balance at about $50 billion (it paid back $45 billion total in 2011). http://www.insurancejournal.com/news/east/2011/11/02/222551.htm

  2. wesower on November 3, 2011 at 10:32 am

    We know what the problem is, let us fix it and move forward together.

    When you look at a republican or democrat, congress or FDA official, Judges and Justice Department you see criminals.

    Our corruption dates back decades to when those who in trying to preserve slavery had to find new ways to preserve it and so created an advanced form of slavery.

    only two components were required — the illusion of freedom and choice and the taking away of the freedom to live off the land.

    How else would you get a person to submit themselves to mind numbing or degrading work unless you oppress them into it.

    our current system is rooted in corruption and every attempt in preserving it involves manipulating human thought and turning people against one another.

    In America the population has been transformed in two major voting groups but they only have one choice.

    They had been distracted up until now with television and American culture which prospered through the oppression of other nations.

    Americans allowed themselves to be fooled into using their military and economic dominance to seize resources of other nations and create expanding markets for American profiteers.

    Now that technology, competition and conscience have evolved Americans themselves are realizing that they cannot sustain themselves under their current system of government.

    Our government officials have allowed private profits and personal benefits to influence decisions that affect the health and well-being of people all over the planet, not just in America… how much longer will we allow them to rule over us??

    Occupy Washington and demand that all government officials resign their posts.

    We will setup new online elections with a verification system that will allow us to see our votes after we cast them, put our new officials in office and work toward rebuilding our country and our world.

  3. Ms. S. on November 4, 2011 at 12:25 am

    Keep those facts coming, loving it. Guess this is more “Freedom to Misinform”

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