The Graphic Lighting Up Facebook Right Now

[Playinghardball]

Economist and Nobel laureate Joseph Stiglitz spoke to #OccupyWallStreet in Zuccotti Park last week. These are some of his words.



Source: MoveOn.com

[Fire Walk With Me]

1. K&R!

[cui bono]

2. Did he literally go there and speak to them? Is there a full transcript,

or letter if that's the case, of everything he said?

[moondust]

5. The video clip is around on the intertubes.

Google is your friend.

[PA Democrat]

6. Yeah, he actually did go and conducted a teach-in.

Article and video at link:

http://articles.businessinsider.com/2011-10-03/wall_street/30237740_1_predatory-lending-protestors-wall-street

[cui bono]

7. That's great! I hadn't heard of it until now. Thanks! n/t

[pnorman]

8. Thanks, I too was looking for that!

n/t

[66 dmhlt]

14. Thanks for the Link! Got it Bookmarked!

[Luminous Animal]

15. OWS NYC has been holding many teach-ins. Wel informed = well armed

[sabrina 1]

17. Yes, he did and he conducted a 'teach in' with them on the economy.

[Tippy]

3. K&R

[City Lights]

4. K&R! eom

[Chimichurri]

9. There's the OWS message Erin Burnette and the rest o'yous.

[jerseyjack]

10. He should have been Treasury Sec. instead of the loser we have.

[dotymed]

11. He is not from goldman.

Every treasury secretary "we" have had since reagan has been from goldman.

[Enthusiast]

43. That's why Stiglitz is unacceptable.

[girl gone mad]

18. If you want to be depressed..

Google the number of times Obama met with Stiglitz v. the number of times he met with the loser.

[Firebrand Gary]

12. K&R

[deutsey]

13. Has he appeared on any of these MSM shows where the hosts are mystified

by what OWS is all about?

[dgauss]

16. Big K&R

[dodger501]

19. This one is lighting it up, too:

This is wrong on so many levels. Tuition, I don't care if it's in-state, apartment on a 30-hour a week PT job? Must pay well. Hope you never get sick.
Maybe it worked this way 40 years ago, but today?

[rhett o rick]

21. Idoit is saving his money. LoL. Getting 0.001% return. Or maybe betting on the Wall Street

roulette wheel.

[Overseas]

23. Poor guy doesn't even know he's one of the 99%. Very sad.

He thinks the rest of us are all in debt and not scrimping and saving too? So dumb. Hard to believe he has a 3.8 GPA.

[Marie Marie]

30. Exactly!! Does this guy think his lifestyle makes him a 1%-er?

His is the epitome of a 99%-er. These people are just oblivious to the truth.

[HughBeaumont]

25. I find this to be bootstrappity bullshit.

Let's be generous and say his/her gross pay is $1250 a month. The math doesn't add up unless he has roommates or eats tea steam and a poppy seed for lunch.

[Major Hogwash]

27. Who knows, he might be making a lot of money on the weekends.

Giving blowjobs downtown at some glory hole.

[cui bono]

59. Giving them to Republicans! n/t

[likesmountains 52]

26. Why is he ashamed to show his face?

[HughBeaumont]

39. Probably because they're full of shite.

More "if I can do it, ANYone can" bootstrapper garbage.

[Aaria]

28. I would be so damn proud, my smile would be plastered right over the top of this......

hmmm, so what'cha look like kid.

[MrMickeysMom]

29. Whether or not Mr. spiral hole binder is truthful...

... there are not enough situations across this country for EVERYONE ELSE who is as responsible as he is.

So, spiral hole, good for you.... Now get your fucking head out of your ass.

[catrose]

31. It did work that way 40 years ago

That's how I got through college, 2 degrees. I know it can't be done now. Maybe the guy lives in a tiny town. Where I live, people have to make at least $14/hour, full time, to afford a place of their own, a car, its insurance, and food. There are very few $14/hour jobs.

I wonder what this kid is majoring in and how he'll feel when he finds out all jobs in that field are performed in Bangalore--by natives, because other countries don't let Americans come take their jobs.

People think they're so smart at that age. It's a shame to disillusion them.

[dotymed]

50. You are right, most countries require you to prove that

there are none of their citizens that can do the job that you are applying for. It makes sense. Also. $14 an hour jobs are really crap, especially if you have to buy medical insurance. How can people not aspire to belong to a Union and have benefits and usually a living wage job? What will this "person(?)" do when they are no longer allowed to be on their parents health insurance.

When I was in H.S. in the '70's, I made $8 hourly, while a junior with no bills. Today, adults with families are supposed to survive on that.

Bill O'Leilly in his debate(?) with Smiley and West claimed that unemployment among college grads was 4.5%. Anyone know if this is true? I think it is another RW lie.

[MH1]

63. I've seen the 4.5% for college grads and believe it's at least close to true.

What is shocking to me is how many high school dropouts there are - those numbers blow the unemployment rate sky-high. I think the rate among high school dropouts is around 30%. (don't recall exactly but it's out there somewhere)

A lot of kids have huge challenges just finishing high school at all, let alone having a job during that time that allows them to save money for college.

[think4yourself]

32. More phony

than AstroTurf.
So fake.

[Hippo_Tron]

33. Most likely he worked full time and lived expense free with his parents for a few years

That's probably what he means by "I've been saving since I was 17". It's not exactly like 17 is an early time to start saving for college if you plan to go when you're 18.

I'm not certainly not criticizing the guy for relying on his parents. But he pretends like he completely pulled himself up by his bootstraps.

[Truth2Tell]

35. third base syndrome, it's widespread

born on third base, think they hit a triple.

[uponit7771]

57. +1

[Marr]

37. That has "astroturf" written all over it.

That shot was art directed by a professional. Black clothing, matt black background so the nice, evenly-lit sign with nice, tight penmanship is highlighted with no distraction... and of course, no face that might be recognized.

[HughBeaumont]

40. Now that I look at it again, you're right. It does look way too . . . "rehearsed".

[Enthusiast]

44. We are going to see a lot more

of this as they ramp up the misinformation campaign. Guess which one will be quoted in the MSM.

[tavalon]

38. Wow, isn't the young Republican precious

Amazing to have such a high GPA and be so stupid all at once, bless his/her heart.

[JoePhilly]

46. "Decent grades" = scholarships that cover 90% .... no way ... I call BS.

[uponit7771]

56. yeap, you don't get 90% tutiton covered with 2 scolorships unless you play sports

[tomg]

62. Actually, given that it

Is a state system school, that is entirely possible. The problem is that many such scholarships are state or federally funded and those will soon be gone -in the same way that year after year they have slowly destroyed the original state university systems. I teach at a private university but am from a SUNY, and am very close to the faculty at one SUNY. They are watching their systems being destroyed. That bozo doesn't realize that his 90%scholarships are going the way of the dodo. The moron doesn't even recognize that the system he benefits from is one based in the idea of a common good and one premised on the role of government as having a social obligation to help foster an educated citizenry.

[JoePhilly]

71. 2 additional thoughts on this guy .... well maybe more than 2 ....

1) I still don't buy his story ... "decent grades" do not turn into academic scholarships ... I know that there are other types of scholarships .... but because he references "decent grades", he is implying that the scholarships were based on his grades. I was able to get a Pell grant way back when, but it had nothing to do with grades, so either he's getting "needs based" assistance, or he's full of it. And I agree, as you seem to suggest, he's implying that a kid with "decent grades" can get scholarships that cover 90% ... and I seriously doubt that more than a tiny fraction are able to do so, whether academic or otherwise.

2) And yup ... agree completely .... the other thing the dope seems to miss is that State Colleges are funded, at least in part, by the state. Our taxes help keep them open.

3) I'm also thinking that he's not smart enough to be in college in the first place.

[zanana1]

52. This is definitely BS. nt

[saras]

54. It never worked that way. Pure privilege - he expects the whole world to work for HIM for FREE

All the stuff surrounding him that he depends on for that comfortable life was created by OTHER PEOPLE, NOT HIM.

If he was living in a log cabin he'd made with his own hands, from trees he personally planted, on topsoil that he'd cultivated from bare rock, using tools that he personally mined and smelted the metal for, on his property, and had made all his own solid-state devices to build his own cell phone with...

...then I'd take him seriously enough to possibly have a debate.

But as is, he's simply another ignorant fool that thinks being full of shit is the same as being full of wisdom

[uponit7771]

55. wait, so he's the 1%!?!?!?

[tomg]

60. He or she forgot to

Add - and when I get out, I will have no health care since I will no longer be in school, the probably government subsidized scholarships will no longer be there, there will be no job there or one that keeps me at minimum wage, and I will probably be looking forward to living in that apartment for the rest of my life.

[xxqqqzme]

61. "...I expect nothing....will

continue to work my @$$ off....that's how it's supposed to work..."

supposed to work....


Except it no longer works that way.

I am part of the 99% because life happened to me. What a dip shit. That fairy tale better stay in good health, look both ways before crossing the street, never drive that used car w/o insurance, or suffer any one of thousands of catastrophic mishaps that drain his savings/wreck his body in a blink of an eye.

[tomg]

67. I teach people

like this everyday ( although I am in a private system) who because they work very hard and often sacrifice simply don't recognize just how much of what they have achieved is because of a combination of their own hard work and the educational system and taxpayer funding that makes opportunity available. Pull out just one more element - say, health care when you are a student, or pell grants, or work-study grants, or tutoring programs, or any of the elements in a complex system - and that person who wrote that sign is screwed six ways to Sunday. They simply see 1) they are working hard 2) they are getting by. They don't see that they are so perilously close to the edge and when the right-wing cuts just one or two more programs, then all of their effort and hard work and boot-strap bullshit won't count for a damn thing.

I understand the person who wrote that sign ( even though upthread I called him/her a bozo and a moron - which I stand by). From his public school education, to his scholarships, to a state university system, he has already had a lot handed to him - by people who fought hard and worked hard to see that he would have those opportunities. I am sorry, but as a college teacher, I read that and I realize we have so much teaching to do.

[yellerpup]

20. K&R!

Truer words never spoken.

[Overseas]

22. Sad K&R. That no one in power listened to people like him.

Sad, too, knowing that the latest Ship Jobs Overseas "Free Trade" bill passed.

[NYC_SKP]

24. "Socialized Losses and Privatized Gains" Ain't that the truth!

K/R

[xxqqqzme]

58. That lit up my brain cells as well.

perfect description of the current economic situation. What a frame!

[earcandle]

34. Totally Cool!

[chill_wind]

36. Oh yes. K & R.

A great message from a great truth-teller.

[malaise]

41. K & R

Beautifully stated

[Enthusiast]

42. Kicked and recommended!

This is what we are talking about!

[mwb970]

45. The fact that what he said is obvious does not detract from its value.

I read these same sentiments from thinking Americans every day. I also read the opposite sentiments from uneducated teabaggers who are working against America's interests, and their own, due to their gullibility and fealty to Fox "News". I do wonder whether Stiglitz or anyone else can reach these poor lost souls.

[orbitalman]

47. K & R

[Sherman A1]

48. K&R Well Said

:kick:

[callous taoboy]

49. It's not right that teachers are picking up all of the slack when districts down-size.

I am working 55 to 60 hour weeks now, and have very little planning time left on the clock since we teachers are now picking up all of the duty spots that were once covered by an abundance of assistants.

[varelse]

51. Beautiful

:')

[Rex]

53. Socialize loss and privatize gains = not capitalism.

Been saying that since the TARP bribe money was passed around. Actually been saying that since the S&L crimes by Jeb and Neil. They rich get to steal while the poor pick up the tab.

[Glaisne]

64. The Great Economists we all should be

reading, listening to, quoting and discussing:

Joseph Stiglitz - http://www.josephstiglitz.com/

Paul Krugman - http://krugman.blogs.nytimes.com/

Jared Bernstein - http://jaredbernsteinblog.com/

Dean Baker - http://www.guardian.co.uk/profile/deanbaker

Richard D. Wolff - http://rdwolff.com/

Please suggest others!

[harun]

70. This should be part of DU 101 for new members :-). Thanks!

[sulphurdunn]

65. Just becasue some guy

was chief economist for the World bank and a Nobel Laureate in economics, teaches at some snotty Ivy League college, has written some books about economics, founded some kind of economic policy institute and sits on the boards of others, doesn't mean he knows more about economics than Rush Limbaugh. :rofl:

[Beavker]

66. We've socialized Loss and Privatized Gains.

Love that line. I was just replying to a FB friend who works for USPS, and one of his FBF's came on and robotically spouted the 'privatize it', 'free-market...blah blah blah'. My friend quickly told him they aren't tax payer funded. I was trying to add the Pension fiasco causing it, and just privitazing things isn't always the answer (see my 401K)...then I saw this.

Exactly. We stick the 'people' (Government) with things that our society wants/needs but doesn't make fat rich white guys richer, and we leave the cash cows to those fore mentioned guys...actually even fewer and fewer of those guys ta' boot!

[FourScore]

68. WOW!!! K&R

[UnrepentantLiberal]

69. Posted to Facebook

again.