Exclusive: U.S. lets China bypass Wall Street for Treasury orders

(Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters.

The relationship means the People's Bank of China buys U.S. debt using a different method than any other central bank in the world.

The other central banks, including the Bank of Japan, which has a large appetite for Treasuries, place orders for U.S. debt with major Wall Street banks designated by the government as primary dealers. Those dealers then bid on their behalf at Treasury auctions.

China, which holds $1.17 trillion in U.S. Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn't been necessary.

The documents viewed by Reuters show the U.S. Treasury Department has given the People's Bank of China a direct computer link to its auction system, which the Chinese first used to buy two-year notes in late June 2011.

China can now participate in auctions without placing bids through primary dealers. If it wants to sell, however, it still has to go through the market.

The change was not announced publicly or in any message to primary dealers.

"Direct bidding is open to a wide range of investors, but as a matter of general policy we do not comment on individual bidders," said Matt Anderson, a Treasury Department spokesman.

While there is been no prohibition on foreign government entities bidding directly, the Treasury's accommodation of China is unique.

The Treasury's sales of U.S. debt to China have become part of a politically charged public debate about China's role as the largest exporter to the United States and also the country's largest creditor.

The privilege may help China obtain U.S. debt for a better price by keeping Wall Street's knowledge of its orders to a minimum.

Primary dealers are not allowed to charge customers money to bid on their behalf at Treasury auctions, so China isn't saving money by cutting out commission fees.

Instead, China is preserving the value of specific information about its bidding habits. By bidding directly, China prevents Wall Street banks from trying to exploit its huge presence in a given auction by driving up the price.

It is one of several courtesies provided to a buyer in a class by itself in terms of purchasing power. Although the Japanese, for example, own about $1.1 trillion of Treasuries, their purchasing has been less centralized. Buying by Japan is scattered among institutions, including pension funds, large Japanese banks and the Bank of Japan, without a single entity dominating.

Granting China a direct bidding link is not the first time Treasury has gone to great lengths to keep its largest client happy.

In 2009, when Treasury officials found China was using special deals with primary dealers to conceal its U.S. debt purchases, the Treasury changed a rule to outlaw those deals, Reuters reported last June. But at the same time it relaxed a reporting requirement to make the Chinese more comfortable with the amended rule.

Another feature of the U.S.-China business relationship is discretion: The Treasury tried to keep its motivation for the 2009 rule change under wraps, Reuters reported.

Documents dealing with China's new status as a direct bidder again demonstrate the Treasury's desire for secrecy -- in terms of Wall Street and its new direct bidding customer.

To safeguard against hackers, Treasury officials upgraded the system that allows China to access the bidding process.

Then they discussed ways to deflect questions from Wall Street traders that would arise once the auction results began revealing the undeniable presence of a foreign direct bidder.

"Most hold the view that foreign accounts only submit 'indirect bids' through primary dealers. This will likely cause significant chatter on the street and many questions will likely come our way," wrote one government official in an email viewed by Reuters.

In the email, the official suggested providing basic, general answers to questions about who can bid in Treasury actions.

"For questions more extensive or probing in nature, I think it prudent to direct them to the or Treasury public relations area," the official wrote.

The granting to China of direct bidder status may be controversial because some government officials are concerned that China has gained too much leverage over the United States through its large Treasury holdings.

For example, economist Brad Setser, who is a member of the National Economic Council and has also served on the National Security Council, has argued China's large Treasury holdings pose a national security threat.

Writing for the Council on Foreign Relations in 2009, Setser posited that China's massive U.S. debt holdings gave it power over U.S. policy via the threat of a swift, large sale of U.S. debt that could send the market into turmoil and drive up interest rates.

But Treasury officials have long maintained that U.S. debt sales to China are kept separate from politics in a business relationship that benefits both countries. The Chinese use Treasuries to house the dollars they receive from selling goods to the United States, while the U.S. government is happy to see such strong demand for its debt because it keeps interest rates low.

A spokesman for the Chinese embassy in Washington did not respond to calls and emails seeking comment.

The United States has, however, displayed increasing anxiety about China as a cybersecurity threat. The change Treasury officials made to their direct bidding system before allowing access to China was to limit access to the system to a specially designed private network connection controlled by the Treasury.

China is among the most sensitive topics for bankers and government officials who court the country as a financial client because of its size and importance, and none would agree to comment on the record for this story.

A former debt management official at the Treasury who did not want to be identified said that as China's experience in the U.S. Treasury market has deepened over time, Chinese officials may have felt more comfortable taking the reins in the management of their holdings.

Their request to bid directly, in his view, came from a confidence that their money managers could buy U.S. debt more efficiently on their own than through Wall Street banks, which can often drive up the price of Treasuries at an auction if they know how much large clients are willing to pay. Such a practice that is not specifically illegal, though most traders would deem it unethical.

Evidence of China's growing sophistication as a money manager in the U.S. markets is clear in its expansion of operations in New York. Its money management arm, the State Administration for Foreign Exchange (commonly called SAFE), has an office in Midtown Manhattan and a seasoned chief investment officer -- former Pacific Investment Management Co derivatives head Changhong Zhu -- in Beijing.

A woman who answered the phone at SAFE's New York office said no one in the office was authorized to talk to the media.

(Editing by Martin Howell and Steve Orlofsky)

Related:

WHY IS CHINA OUR NATION’S NATIONAL BANK

Technorati Tags: U.S. Treasury,U.S. Treasury Bonds,U.S. treasuries,China,watch the other hand,radcals in the White House,Wall Street,debt,Treasury Department,Tim Geithner,Obamaland,People's Bank of China,CFR,finance,banking,SAFE

Apocalypse Nowish

I can’t take it any more. Did someone order an apocalypse? I know there is always one bearing down on us somewhere, but come on! Have you read the headlines lately? By Friday of last week, I was ready for a major meltdown. Looks like I wasn’t the only one:

Video on site.  Or… Here

Video on site or Here

 

Oh, how I can relate. (Massive screaming and hair pulling.) What the hell is wrong with us? Everything is upside down and backwards. Just the highlights:

1. Europe is melting down and about to fall into a black hole of debt which will draw us into the whirlpool right along with them. No one seems to really want to control their spending. It’s like the elite are paying all their crony friends, providing for themselves and knowingly bringing on the destruction of finances planet-wide. Screw the common man – they are taking the system for all it’s worth and then getting out before the implosion hits.

2. Our government — in secret — gave out 7.7 Trillion dollars worth of bailout money to banks – worldwide. Where the hell did they get it? I suspect, they just ‘digitized’ it and spread it around. It made NO difference, just forestalled the inevitable implosion. See #1 above. Say it with me: Weimar Republic.

Digitize me, Fred…

And it exploded…

3. Any time now, the Middle East is going to blow up and hello $200 a barrel for oil. It could be Iran and Israel (or Iran and us). It could be Syria. Hell, it could be Pakistan. WWIII is about to announce itself on the global stage and I’m not convinced we’ll be on the right side of the fight.

4. The minority inmates of the asylum are in control of our country, all the while claiming they are the 99%. (Really, does anyone in government look like a 99 percenter?)

5. Communism never went away… It has surged back thanks to the Progressives putting their comrades in positions of power throughout our nation. The red menace is back baby and it is within our own walls and halls, not to mention spreading across the globe again.

6. Hyperinflation is on it’s way as the world prints money trying to stave off a global depression. Never worked before, won’t work this time. Don’t these idiots ever learn?

7. Our government has gone rogue. They no longer fear having to pay for any transgressions from insider trading to falsifying testimony on things like, oh, I don’t know, running guns to Mexico. There are soooo many corrupt issues in our government these days, I just don’t even know where to start. Get rid of all of ‘em and start over.

8. Taxes, taxes, taxes…

9. Regulations out the wazoo. It’s Atlas Shrugged come to life. We literally can’t breath without violating one law or another.

10. God is being removed systematically from every part of our society. In it’s place, some of the most violent and horrific examples of barbarism are taking place right here in America and elsewhere that I have ever seen.

11. Antisemitism is raising is ghastly head once more. Those that stand against God’s chosen ones will surely fall from grace. Count on it.

12. The Constitution is being utterly ignored and circumvented by our politicians and elite Progressives on both sides of the aisle. I’ve just about had all I can take from these politicians. We must restore the original intent of the Constitution and the ideals our founders based this country on or we are toast.

And speaking of our current economic and political situation, this episode was badly written:

What’s happened to personal responsibility? What’s happened to independence and innovation? Where are morals and ethics any more? Maybe they are all still there, it’s just that the minority is in control and they have the morals of an alley cat and the ethics of, well, a politician. In fact, many of them are politicians. Isn’t it time America put people of character back in control of our homeland? Isn’t it time for the majority to say that’s enough, we aren’t going to take this crap any more? I really, really think so.

Can you blame people for panicking? Can you blame them for storing food, paying off debt and moving to a state that has some sanity left? Gun sales are the highest they have ever been and I personally believe that it has everything to do with what is happening in our country and worldwide today. No longer are survivalists being called crazy, everyone is at least attempting to prep. I’d say if you just read the headlines, you can’t help but think things are trending darkly – Apocalypse Nowish.

By: Terresa Monroe-Hamilton – the NoisyRoom

The Occupiers’ Siren Song

NY Daily News

Occupy Wall Street is a movement that has been planned and executed by Marxists in America. There may be lots of useful idiots at play in the movement, but nevertheless, if you follow the money and influence, you find the likes of Democratic Socialists of America,ACORN, SEIU, the DNC, the Obama administration, the Working Families Party, the New Party, Tides and of course, that old evil spider, George Soros.

So far, so good, right? Them bad, us good… You can imagine my horror when I heard of how the left was seducing Conservatives and Libertarians to the dark side. Some of the things they say ‘are‘ what we are saying. But as Beck says, watch out who you stand next to. And while you are at it, watch out for their agenda. I fear we will lose many patriots to the Occupy Wall Street movement using the guise of stopping bailouts. Don’t get me wrong… I’m all for ending bailouts. There should never have been any – period. Just not this way. You can’t stand with Marxists and not be tainted by their goals, no matter how noble the cause seems.

Last week, I received word that Oath Keepers was joining Garrett John LoPorto and the Wayseer movement. LoPorto heads Occupy Boston. This turns out to not be quite accurate and Oath Keepers claims that LoPorto is only a volunteer. In fact, he has since been removed as even a volunteer. I’ll give them the benefit of the doubt since I know many loyal patriots who belong to that organization. They had an editor who got carried away after seeing a video and reading a book. It happens – but rest assured, that before anything like that would ever occur at Oath Keepers, there would be a full investigation and a vote on it. These are Constitutionalists and real American patriots. But I would suggest that they stay far, far away from Occupy Boston if they can. Marxists of a feather flock together and recruit heavily from the masses.

Oath Keepers is not who I am referring to specifically here. I’m referring to rank and file Americans who are hurting. Who have lost their jobs and have been unemployed for a long, long time. People who can’t figure out how they are going to feed their children and themselves much less where the rent/mortgage is going to come from. If you were scared, hungry and desperate, you’d be angry too. And many are being seduced by the Occupiers’ siren song of: ‘Get ‘em!‘ But the call is a death trap that will crush America on the rocks.

Yes, there are evil banks. But you know who was behind the latest atrocity of Bank of America putting a $5 fee on debit card usage and Citibank leveling a $15 fee on their debit card users? Why, the Progressive yelling the loudest from the Senate floor of course: Tricky Dickey Durbin. The guy who added an amendment to the Dodd-Frank Wall Street reform bill that caused the banks to have to add these fees. The banks warned it would happen and it is always middle America who pays in the end. Always. And he did it because he can’t be held liable for speaking from the Senate floor and causing harm to Bank of America if it causes a run on the bank. Thanks Dick.

Yes, there are evil corporations and evil rich guys like George Soros. There always have been and always will be. But by and large, big companies and the wealthy are what create jobs and prosperity in this country. Without them, you have no America. You have Russia.

So instead of protesting the banks, corporations and feeding the ‘eat the rich‘ mantra, Americans should look to the Fed and to the White House and DC. This is where protests and anger should be leveled. Not through a Socialist/Marxist lens that focuses on wealth redistribution and something for nothing schemes. Instead of living in the freest nation on earth and having the chance for anyone to succeed, regardless of race, age, religion, sex or political bent, everyone will equally live in poverty and slavery and the elite will rule over us. That is what Occupy Wall Street accomplishes. It doesn’t address the burdens this nation is struggling under, it advances our demise at warp speed.

Here is the breakdown of the connections behind Occupy Wall Street and those who created the movement from The Blaze:

· The Working Families Party was established in the 90s by key members of the socialist organizations The New Party, ACORN, SEIU, and a coalition of other labor unions and community organizations.

· Patrick Gaspard, the current executive director of the DNC, former director of Obama’s Office of Political Affairs, was an organizer for the New Party, the executive vice president of the SEIU Local 1199, political director for Bertha Lewis (the former president of ACORN) and a co-chair of the Working Families Party.

· The New Party is a socialist political coalition co-founded in 1992 by academic and political activist Joel Rogers.

· The first strategic meetings to plan the New Party were held in Joel Rogers’ Madison, Wisconsin home; Wade Rathke, ACORN and SEIU founder and Gerry Hudson fromDemocratic Socialists of America and SEIU were in attendance at those meetings.

· The New Party’s influential Chicago chapter began to form in January of 1995. Its members consisted mainly of individuals from ACORN, SEIU and the Democratic Socialists of America. Obama attended a New Party function and received their endorsement in 1995.

· In 1994, a New Party newspaper listed more than 100 activists “who are building the NP;” some names among the list of 100 were Noam Chomsky, Frances Fox Piven,Wade Rathke, Cornel West, Jon Barton of SEIU, Maude Hurd of ACORN and Margaret Shelleda of SEIU.

· Gerry Hudson, SEIU Executive Vice President and original New Party member, serves on the board of the Apollo Alliance organized by Joel Rogers’ group COWS Center on Wisconsin Strategy. The Alliance is a project of the Tides Center. Harry Reid credited the Apollo Alliance with helping to write the American Recovery and Reinvestment Act of 2009.

· George Soros’ Open Society Institute is a major source of money behind the Apollo Alliance and the Tides Foundation.

One more, Jim Wallis is out there supporting, organizing and recruiting for the movement, claiming that occupiers stand with Jesus. All I can say to Wallis is, ‘beware false prophets.’

Those are the players and they are behind the Occupy Wall Street movement. They will lure as many in as possible before the door slams shut. They’ll lure Americans in with soothing words and false friendship and camaraderie. But, it is a trap – top down, bottom up, inside out. They want people to be so desperate that they will plead for the government to come in and take over. You might get a little food and a roof over your head, but you will end your days as a slave. If you are going to fight, make it for all the marbles. Make it count and keep your freedom. Don’t answer the occupiers’ siren song.

By: Terresa Monroe-Hamilton – the Noisy Room

Wall Street protesters accuse feds, biz of infecting food supply - Obama Says He Supports Them… It is Escalating~

Update: Obama Just Admitted He Sides With The Protestors & They Are Going To Take The Country By Force!

The President  just said the protests will continue unless he gets his way with Congress..
This is f__king insane people
Do you realize what's happening here?
----
When asked about the protests he just said
"the American people will run congress out of town"
"we need to do something bold - something big"

…Godlike Productions

Important: If you have not been paying attention to this… it is time you did!!

Remember Rahm Emanuel's adage… never let a crisis go to waste… or is it more like create one if you need it?!? Many believe that this entire protest was not only created by the Left but that it was always supported if not encouraged by the administration. Many believe it is the first step in creating enough chaos to cancel the elections. Others think it is a way of diverting attention and focus from a closer investigation of the Federal Reserve. These theories of a direct tie in to the administration, globalist allies and their minions seems to to be proving correct by Obama’s own words.

President Obama Press Conference pt.1

October 05, 2011 MSNBC

President Obama Press Conference pt.2
October 06, 2011 MSNBC

President Obama Press Conference pt.3

October 06, 2011 MSNBC

President Obama Press Conference pt.4

October 06, 2011 MSNBC

President Obama Press Conference pt.5

October 06, 2011 MSNBC

President Obama Press Conference pt.6

October 06, 2011 MSNBC

I’ve Seen it on Television: Obama Responds to Wall Street Protests

A National Call to Action

Wall Street protesters accuse feds, biz of infecting food supply

The U.S. government and corporations have "poisoned the food supply" and "undermined the farming system," charges the group behind the ongoing Wall Street protests.

The website for the Occupy Wall Street group posted on Saturday what it called its first official declaration of demands.

The document claims "corporations, which place profit over people, self-interest over justice, and oppression over equality, run our governments."

The treatise is replete with assorted accusations, including:

• They have taken our houses through an illegal foreclosure process, despite not having the original mortgage.
• They have taken bailouts from taxpayers with impunity and continue to give executives exorbitant bonuses.
• They have perpetuated inequality and discrimination in the workplace based on age, the color of one's skin, sex, gender identity and sexual orientation.
• They have poisoned the food supply through negligence and undermined the farming system through monopolization.
• They have profited off of the torture, confinement and cruel treatment of countless nonhuman animals, and actively hide these practices.
• They have continuously sought to strip employees of the right to negotiate for better pay and safer working conditions.
• They have used the military and police force to prevent freedom of the press.
• They have deliberately declined to recall faulty products endangering lives in pursuit of profit.
• They determine economic policy, despite the catastrophic failures their policies have produced and continue to produce.

The food supply claim is not unique to the website document.

On Sunday, Jason Mattera, a host on New York's WABC Radio, randomly interviewed a handful of protesters on Wall Street using a roaming reporter, Jill "Flipper" Vitale.

Two of the protesters accused the government of poisoning the food and medicine supplies.

"A Marxist system will be the best thing for all of us in America," one protester told Mattera.

"A system that does not kill people and infect us with the food that they give us," the protesters said. "The food that they feed us with the soybeans that they give to animals. And they are changing our DNA structure."

Another protester, who goes by the name Cuz Joe of Black N Blue Productions, treated the radio audience to a rap song he wrote that including the following lyrics:

Those are the basic necessities/ Chemical concoctions pass off as remedies/ That has been the poisons and toxins designed to control your mind/ So u don't find the real food and that stuff u consume is heading to the landfill.

Who's really behind Wall Street protests?

As the news media struggle to find a unifying theme behind the "Occupy Wall Street" protesters, a closer look at the activists behind the agitation reveals a transformative agenda aimed at assaulting U.S. capitalism.

The Occupy Wall Street movement launched two weeks ago and has been escalating ever since.

Police closed the Brooklyn Bridge Saturday and arrested more than 700 anti-Wall Street protesters for blocking traffic lanes and attempting an unauthorized march across the span.

The protests spread across the U.S., including to Boston, Seattle and Los Angeles. The organizers' exact motivation has until now been sketchy.

The Twitter feed of a group calling itself Take the Square, one of the social media planners behind the Wall Street protests, has been blasting a multitude of messages, including:

• "Fight market dictatorship."
• "People of the world rise up!"
• "We are legion."
• "Take to the streets."

Organizers have also been calling for rewriting the U.S. Constitution, imposing a "Robin Hood Tax" on most financial transactions worldwide with the goal of taking from the "rich" to give to the "poor" and giving the Federal Reserve permission to regulate interest rates on savings accounts.

The scheme seeks to bring to American streets the "same indignation that has prompted the people of Greece and Spain to occupy streets and squares on a permanent basis, the people of Egypt and Tunisia to overthrow their governments, the people of Iceland to nationalize their bank system and rewrite the constitution."

So reads a call to arms by a group calling itself the General Assembly of New York City.

The group has been asking supporters to participate in a "Day of Rage" that started last month and seeks to escalate into protests across the nation.

The General Assembly of New York City has listed some of the possible goals of the current protests:

• The imposition of a Robin Hood Tax on all financial transactions: The tax is the brainchild of nongovernmental organizations largely based in the United Kingdom. It calls for a new tax on most goods and services to be implemented globally, regionally or unilaterally by individual nations.
  The name of the tax originated in 2008, when Italian treasury minister Giulio Tremonti introduced a windfall tax on the profits of energy companies. Tremonti called the tax a "Robin Hood Tax," stating it was aimed at the "wealthy" with revenue to be used for the benefit of poorer citizens.
  A prominent supporter of the Robin Hood Tax is Jeffrey Sachs, a Columbia University economist who crafted a controversial economic "shock therapy." Sachs is a key member of the Institute for New Economic Thinking, or INET.
  Billionaire George Soros is INET's founding sponsor, with the billionaire having provided a reported $25 million over five years to support INET activities.
  In April, Sachs keynoted INET's annual meeting, which took place in the mountains of Bretton Woods, N.H., at Mount Washington Hotel, famous for hosting the original Bretton Woods economic agreements drafted in 1944. That conference's goal was to rebuild a post-World War II international monetary system. The April gathering had a similar stated goal – a global economic restructuring.
• Rebooting the system and rewriting the Constitution: The concept seems to be a reference to a plan to push for a new, "progressive" U.S. Constitution by the year 2020.
  WND previously reported at least three White House advisers and officials, including President Obama's regulatory czar, Cass Sunstein, have ties to the Constitution rewrite effort, which is funded by Soros.
  Sunstein has also been pushing for a new socialist-style U.S. bill of rights that, among other things, would constitutionally require the government to offer each citizen a "useful" job in the farms or industries of the nation.
  According to Sunstein's new bill of rights, the U.S. government can also intercede to ensure every farmer can sell his product for a good return while the government is granted power to act against "unfair competition" and monopolies in business.
• Reinstatement of the Glass-Steagall Act, which sought to enforce more government regulation of the banking industry. Some provisions of the act allowed the Federal Reserve to regulate interest rates in savings accounts.

Wall Street protests to turn violent?

Meanwhile, there are indications the Wall Street protesters are training to incite violence, resist arrest and disrupt the legal system.

Activists advertised on social network sites such as Facebook and Twitter for a "Day of Rage" on Sept. 17 to begin the "occupation" of Wall Street and continue with protests across the nation.

Planners have their own website – USDayofRage.org – which is not specific about the purpose of the "Day of Rage" other than calling for "integrity" to be "restored to our elections."

The site accuses corporations of using "money to act as the voices of millions, while individual citizens, the legitimate voters, are silenced and demoralized by the farce."

Advertisements claimed the protests at Wall Street and nationwide will be "non-violent."

However, the official website provides resources, including videos and detailed written instructions, for protesters to engage in "civil disobedience." The resources provided include instructions on how to resist police arrest and disrupt court hearings.

Similar instructions are provided on the website of an affiliated organization, which calls itself "Occupy Wall Street" and was also involved in planning the Sept. 17 protests.

The use of the term "Day of Rage" recalls the "Days of Rage" organized in the 1960s by the Weather Underground domestic terrorist organization co-founded by Bill Ayers and Bernardine Dohrn, close associates for years of President Obama.

Purple shirt power

In March, ACORN founder Wade Rathke announced what he called "days of rage in 10 cities around JP Morgan Chase." Rathke was president of a Service Employees International Union, or SEIU, local in New Orleans.

The efforts are being organized by Stephen Lerner, an SEIU board member who reportedly visited the Obama White House at least four times. Lerner is considered one of the most capable organizers of the radical left. He recently organized the SEIU's so-called Justice for Janitors campaign.

As part of his planned protests, Lerner called for "a week of civil disobedience, direct action all over the city."

His stated aim is to "destabilize the folks that are in power and start to rebuild a movement."

In an interview about the protests, Lerner outlined his goals: "How do we bring down the stock market? How do we bring down their bonuses? How do we interfere with their ability to, to be rich?"

Forecast for American cities: Confrontation, intimidation?

There are other indications radicals and unions are planning chaos using the current economic crisis.

Last month, WND reported that a slew of extremist organizations, some tied to Obama, are preparing protests to coincide with major NATO and G-8 summits in Chicago next May.

Foreshadowing possible violent confrontations, some of the same radical trainers behind the infamous 1999 Seattle riots against the World Trade Organization have been mobilizing new protest efforts geared toward world summits as well as the current economic crisis.

The NATO and G-8 summits are not the only focus of radical groups. WND reported Heather Booth, director of a Saul Alinsky-style community organizing group, the Midwest Academy, was among the main speakers at the "2011 State Battles Summit" in June at the Hyatt Regency Capitol Hill Hotel in Washington, D.C.

Booth's husband, Paul, also was a speaker at the union summit. Paul Booth co-founded Midwest Academy in the 1970s.

The four-day summit was organized by the American Federation of State, County and Municipal Employees, or AFSCME, with participation from the AFL-CIO, the nation's largest union.

An official schedule for the event, obtained by WND, declared: "Our union is under unprecedented attack in every state. Extremist politicians want to weaken us as we head into 2012. Their tactics include budget cuts, layoffs, privatization and the denial of our very collective bargaining rights."

Continued the flyer: "New challenges require new energy and new thinking. We encourage union activists to attend this conference and bring their creative ideas on how to overcome the challenges ahead."

Heather Booth participated in a panel entitled, "Our Message, Alliances and Best Practices."

Another speaker at the union event was John Podesta, who co-chaired President Obama's transition team.

Podesta is president of the Center for American Progress, which is heavily influential in advising the White House. The center is funded by philanthropist George Soros.

Mideast rebellions coming to U.S.?

Citizen Action of Wisconsin, an arm of Booth's Midwest Academy, is part of the Moving Wisconsin Forward movement, one of the main organizers of the major Wisconsin protests in February, as WND first reported.

The protests were in opposition to Gov. Scott Walker's proposal for most state workers to pay 12 percent of their health care premiums and 5.8 percent of their salary toward their own pensions.

WND reported at the time speakers at the rallies likened the Wisconsin protests to the ongoing revolutions in the Middle East and North Africa while calling for similar uprisings in the U.S.

And just this past week, former Obama czar Van Jones told MSNBC's Lawrence O'Donnell that "October is going to be the turning point for the progressive fight back" and referred to the Occupy Wall Street protests as part of a "progressive counterbalance to the tea party."

"You're going to see an 'American Autumn,'" Jones said, "just like we saw the Arab Spring."

'Redistribution of wealth and power'

Obama himself once funded Midwest Academy and has been closely tied to Heather Booth.

Booth has stated building a ''progressive majority'' would help for ''a fair distribution of wealth and power and opportunity."

Her husband Paul is a founder and the former national secretary of Students for a Democratic Society, the radical 1960s anti-war movement from which Ayers' Weather Underground splintered.

In 1999, the Booths' Midwest Academy received $75,000 from the Woods Fund with Obama on its board alongside Ayers, In 2002, with Obama still serving on the Woods Fund, Midwest received another $23,500 for its Young Organizers Development Program.

Midwest describes itself as "one of the nation's oldest and best-known schools for community organizations, citizen organizations and individuals committed to progressive social change."

It later morphed into a national organizing institute for an emerging network of organizations known as Citizen Action.

Discover the Networks describes Midwest as "teach[ing] tactics of direct action, confrontation and intimidation."

WND first reported the executive director of an activist organization that taught Alinsky's tactics of direct action, confrontation and intimidation was part of the team that developed volunteers for President Obama's 2008 campaign.

Jackie Kendall, executive director of the Midwest Academy, was on the team that developed and delivered the first Camp Obama training for volunteers aiding Obama's campaign through the 2008 Iowa Caucuses. Camp Obama was a two-to-four day intensive course run in conjunction with Obama's campaign aimed at training volunteers to become activists to help Obama win the presidential election.

Also, in 1998, Obama participated on a panel discussion praising Alinsky alongside Heather Booth, herself a dedicated disciple of Alinsky. The panel discussion followed the opening performance in Chicago of the play "The Love Song of Saul Alinsky," a work described by the Chicago Sun-Times as "bringing to life one of America's greatest community organizers."

Obama participated in the discussion alongside other Alinskyites, including political analyst Aaron Freeman, Don Turner of the Chicago Federation of Labor and Northwestern University history professor Charles Paine.

"Alinsky had so much fire burning within," stated local actor Gary Houston, who portrayed Alinsky in the play. "There was a lot of complexity to him. Yet he was a really cool character."

Source: WND With research by Brenda J. Elliott

Here are a few of the leftover 60’s Alinskyites at the orchestrated “Occupy Wall Street” protest

11 Reasons Why Occupy Wall Street Protesters Are Hypocrites If They Do Not Call For Obama To Resign

The American Dream
Oct 4, 2011

If the Occupy Wall Street protesters truly believed in the things that they are proclaiming, then they would be calling for the immediate resignation of Barack Obama and his entire cabinet. The truth is that the Obama administration is responsible for most of the things that Occupy Wall Street is supposedly complaining about.

If the Occupy Wall Street protesters were intellectually honest, we would see a flood of anti-Obama signs during these demonstrations. But instead we have barely heard a peep of criticism for Obama. In fact, the vast majority of the protesters seem very excited about sending Obama back to the White House in 2012. As will be clearly demonstrated in the rest of this article, this makes the Occupy Wall Street protesters tremendous hypocrites. If Occupy Wall Street wants to have any credibility whatsoever, it needs to call for Barack Obama to resign. Either Occupy Wall Street protesters will call for Barack Obama to be held accountable for his actions, or they are just a bunch of sheep. They cannot preach to us about how principled they are and yet turn a blind eye to everything that Barack Obama has been doing for the past 3 years.

Below I am going to analyze many of the demands that Occupy Wall Street protesters have been making. A lot of them have been directly taken from the formal list of complaints posted on the “official” organizing website of Occupy Wall Street.

As you will see, there are a whole lot of reasons why there “protesters” should be very angry with Barack Obama.
But we all know that nearly all of them will show up to vote for Obama once again in 2012.

Just like so many “true conservatives” apologized for George W. Bush for all those years, now we are seeing those on the left apologize for Barack Obama.

It is truly sickening.

Posted below are 11 reasons why Occupy Wall Street protesters are hypocrites if they do not call for Barack Obama to resign immediately…

#1 Occupy Wall Street says that they are angry that the big Wall Street banks “have taken bailouts from taxpayers with impunity, and continue to give executives exorbitant bonuses.”

Well, if Barack Obama and John McCain had not aggressively pushed for the Wall Street bailouts back in 2008, they never would have happened. After Obama took office, he rammed through even more bailouts. The reality is that you could easily call Barack Obama “the king of the Wall Street bailouts”.

#2 Occupy Wall Street says that they are angry that the big Wall Street banks “have donated large sums of money to politicians, who are responsible for regulating them.”

Yet they ignore the fact that 3 of the top 7 donors to Obama’s campaign in 2008 were the very Wall Street banks that the Occupy Wall Street movement is protesting.

Once again, Barack Obama will be taking in huge amounts of money from the wealthy and from big Wall Street banks for his run in 2012.
So why aren’t they complaining about that?

#3 One of the big themes of the Occupy Wall Street protests is the fact that Wall Street has way too much influence and power over the federal government.

Well, the Obama administration is absolutely packed with ex-executives of giant corporations and big Wall Street banks. Earlier this year, Michael Brenner wrote the following about the current composition of the Obama administration…
Wall Street’s takeover of the Obama administration is now complete.

The mega-banks and their corporate allies control every economic policy position of consequence. Mr. Obama has moved rapidly since the November debacle to install business people where it counts most. Mr.William Daley from JP Morgan Chase as White House Chief of Staff. Mr. Gene Sperling from the Goldman Sachs payroll to be director of the National Economic Council. Eileen Rominger from Goldman Sachs named director of the SEC’s Investment Management division. Even the National Security Advisor, Thomas Donilon, was executive vice president for law and policy at the disgraced Fannie Mae after serving as a corporate lobbyist with O’Melveny & Roberts. The keystone of the business friendly team was put in place on Friday. General Electric Chairman and CEO Jeffrey Immelt will serve as chair of the president’s Council on Jobs and Competitiveness.

#4 Occupy Wall Street says that it is deeply concerned about the rampant corruption in our financial system.

The Federal Reserve is the very heart and soul of our financial system, and yet there has been very little real criticism of the Fed by Occupy Wall Street protesters.

If Occupy Wall Street truly wanted to do something about our financial system they would be calling for the Federal Reserve to be shut down.

But their hero, Barack Obama, actually nominated Ben Bernanke for a second term as Federal Reserve Chairman and Obama continues to support him 100 percent even after a horrible track record of failures that is legendary.

#5 Occupy Wall Street says that it is angry that big corporations “have consistently outsourced labor and used that outsourcing as leverage to cut workers’ healthcare and pay.”
This issue alone should be enough for Occupy Wall Street to call for Barack Obama to resign.

The Obama administration has pushed very hard for new “free trade” agreements with Panama, South Korea and Colombia and the Obama administration is currently making the Trans-Pacific Partnership (“the NAFTA of the Pacific“) a very high priority.

The Obama administration has been very aggressively trying to expand the “free trade” policies that are costing us millions of jobs.
In fact, members of the Obama administration run around and openly talk about how there are things that “we don’t want to make in America”.

For example, the following is what U.S. Trade Representative Ron Kirk recently told Tim Robertson of the Huffington Post about the Obama administration’s attitude toward keeping manufacturing jobs in America…

"Let’s increase our competitiveness"… the reality is about half of our imports, our trade deficit is because of how much oil [we import], so you take that out of the equation, you look at what percentage of it are things that frankly, we don’t want to make in America, you know, cheaper products, low-skill jobs that frankly college kids that are graduating from, you know, UC Cal and Hastings [don't want], but what we do want is to capture those next generation jobs and build on our investments in our young people, our education infrastructure.

Unions should be screaming bloody murder about this.
But instead they are going to line up behind Barack Obama once again in 2012 like good little sheeple.

#6  Occupy Wall Street says that the big health insurance companies “have spent millions of dollars on legal teams that look for ways to get them out of contracts in regards to health insurance.”

Well, as I have written about previously, the health insurance companies helped to write huge portions of Obamacare. Instead of reducing the power of health insurance companies, Obamacare actually gives them more power and will actually increase their profits. The sad truth is that large portions of Obamacare are virtually identical to a bill that was written by the health insurance trade association in 2009. Under Obamacare, our health care costs will go up even faster and the quality of our health care will continue to go down.

#7 Occupy Wall Street says that they are angry because the big banks “have taken our houses through an illegal foreclosure process, despite not having the original mortgage.”

Occupy Wall Street is correct about this.So where has Barack Obama been on this issue? The reality is that the Obama administration has done very little about the horrific foreclosure abuses that have been going on.

#8 Occupy Wall Street is upset that “our privacy” has been sold “as a commodity.”Well, why aren’t Occupy Wall Street protesters calling out Barack Obama for his horrific track record on civil liberties.

The national security apparatus that George W. Bush set up has been greatly expanded by Barack Obama.

It was the Obama administration that decided that it was necessary for TSA thugs to feel our private parts before we board our flights and it was the Obama administration that decided that TSA “VIPR teams” should run around the country conducting approximately 8,000 “unannounced security screenings” a year at subway stations, bus terminals, ports and highway rest stops.

So where is the outrage?

The truth is that under the Obama administration the United States is becoming more like a totalitarian police state every single day.
Once again, this issue alone should be enough for Occupy Wall Street to demand that Barack Obama should resign.

For much more on how America is turning into a “Big Brother” police state under Obama, please see these articles…

*12 Signs That Americans Who Love Liberty And Freedom Should Watch Their Backs

*10 Years After 9/11, Is America A Better Place?

*Big Brother 2.0: 10 New Ways That The Government Will Be Spying On You And Controlling Your Behavior

*32 Signs That The Entire World Is Being Transformed Into A Futuristic Big Brother Prison Grid

#9 Occupy Wall Street is angry that the United States has “perpetuated colonialism at home and abroad.”

Oh really  ?

Under Barack Obama, the U.S. military has been used as the “police of the world” even more than it was under George W. Bush.
Under Obama, the war in Afghanistan was greatly expanded and the U.S. military began bombing the living daylights out of Libya. In addition, under Obama the U.S. military has been conducting air strikes in Pakistan, Yemen and Somalia.

Today, there is a U.S. military base in over half of the countries on the planet and U.S. military spending is more than 7 times larger than the military spending of any other nation on earth.
So if “the left” was angry at George W. Bush for what he did, then why aren’t they filled with rage at Barack Obama for his policies?

#10 Occupy Wall Street is angry that the U.S. has “participated in the torture and murder of innocent civilians overseas.”
Well, Barack Obama did not shut down Guantanamo Bay as he promised to do.

So where is the accountability?
Under George W. Bush, millions of “evangelical Christians” were cheering for torture.

Today, millions of “liberals” are cheering while the Obama administration conducts “enhanced interrogations” of prisoners and performs “extraordinary renditions” in foreign countries.

If liberals want to complain about “torture and murder of innocent civilians overseas”, it isn’t the Republicans they should be angry at.
Barack Obama is running our foreign policy, and he should be held accountable for what is going on.

#11 Occupy Wall Street is angry because the wealthy are not paying their “fair share” of taxes.

Well, it is undeniable that many big corporations (such as Obama’s good friends over at GE) quite often get away with paying no taxes at all.

But Barack Obama and the Democrats controlled the White House and all of Congress for two whole years.

So why didn’t they “fix” the tax code while they had the chance?
Could it be that they actually like the current system?

The truth is that our current tax system is so flawed, so complex and so full of holes that it needs to be thrown out entirely.

Many big corporations get away with bloody murder under the current tax system, yet nearly all establishment Democrats and nearly all establishment Republicans want to keep the current system of taxation.

In a previous article, I noted some of the big corporations that make a ton of money and yet have paid less than zero in taxes in recent years…

What U.S. corporations are able to get away with is absolutely amazing.

The following figures come directly out of a report by Citizens for Tax Justice. These are combined figures for the tax years 2008, 2009 and 2010.

During those three years, all of the corporations below made a lot of money. Yet all of them paid net taxes that were below zero for those three years combined.

How is that possible? Well, it turns out that instead of paying in taxes to the federal government, they were actually getting money back.

So for these corporations, their rate of taxation was actually below zero.

If you have not seen these before, you are going to have a hard time believing some of these statistics…

*Honeywell*
Profits: $4.9 billion
Taxes: -$34 million
*Fed Ex*
Profits: $3 billion
Taxes: -$23 million
*Wells Fargo*
Profits: $49.37 billion
Taxes: -$681 million
*Boeing*
Profits: $9.7 billion
Taxes: -$178 million
*Verizon*
Profits: $32.5 billion
Taxes: -$951 million
*Dupont*
Profits: $2.1 billion
Taxes -$72 million
*American Electric Power*
Profits: $5.89 billion
Taxes -$545 million
*General Electric*
Profits: $7.7 billion
Taxes: -$4.7 billion

Are you starting to get the picture?

The amazing thing is that GE can get away with all this and still ship thousands upon thousands of good American jobs out of the country.
There is no way that our current tax code can be fixed with a few “tweaks” here and there. Our current tax code is an abomination that should be immediately repealed and flushed down the toilet.

But the Democrats and most Republicans seem to want to keep it around. They like to play their little social engineering games with the tax code, and the current tax code enables their wealthy donors to do quite nicely.

Occupy Wall Street is right to argue that our tax code is fundamentally unjust, and the number one person that they need to point the finger at is Barack Obama.

So can any “liberal” out there actually defend Barack Obama after reading all of this?

Can anyone out there put forth an intellectual argument for why Occupy Wall Street protesters should be supporting Obama?
The truth is that most of the Occupy Wall Street protesters are intellectual hypocrites.

Most of them are so scared that a Republican might win in 2012 that they won’t say anything bad about Obama.

It is the same trap that many Republicans fell into with George W. Bush.

Look, George W. Bush was a nightmare for this country.
Barack Obama is even worse.

If we are not going to be intellectually honest with ourselves, then we might as well tattoo the word “sheeple” on to our foreheads.
If Occupy Wall Street really believes the stuff that they are saying, then they need to call for Barack Obama to resign.
Does anyone disagree?

Related:

Obamaite Stephen Lerner Cheering Economic Terrorism…

Alinsky Rules Return For Obama

Oathkeeper Response: Oathkeeper Leadership Goes Cultic with Wayseers…

Test Drive for Tyranny

Occupy Wall Street Demands Mirror Democrat Party Platform?

Occupy Wall Street: A Globalist Op Designed to Destroy Efforts to End the Fed

“The initial call for the protest was put out by the magazine Adbusters.”

snip:

Like many so-called leftist non-profits, Adbusters is a creature of globalist foundations. According to research conducted by Activistcash.com, Adbusters takes money from a number of supposedly progressive foundations, including the big Kahuna of leftish foundations – the Tides Foundation and Tides Center. Between 1996 and 2003, Tides doled out $334,217.00 to Adbusters, by far the largest amount of eight foundations donating.

Occupy Wall Street: A Globalist Op Designed to Destroy Efforts to End the Fed

A couple days after the initial launch of the Occupy Wall Street protests, Infowars.com received an email taking us to task for attributing the movement to Anonymous, the activist hacker group.

How can a movement originated and funded by globalists end the globalist scheme to enslave the world?

“There is one major inaccuracy in all the coverage that has been bothering me, and that is the focus on Anonymous as the architects and organizers of the event,” an email received September 23 states. “The initial call for the protest was put out by the magazine Adbusters.”

The person, who shall remain nameless at this point – since I have not gained his permission to quote the private email he sent to me – is not merely a bystander or an outsider making an observation. He claims to be intimately connected to the movement through the General Assembly of New York, described as the central planning and organizing committee for the protest. His Facebook page reveals he is indeed connected to Occupy Wall Street.

The Adbusters Media Foundation describes itself as a non-profit “anti-consumerist” organization that functions as "a global network of artists, activists, writers, pranksters, students, educators and entrepreneurs who want to advance the new social activist movement of the information age."

Like many so-called leftist non-profits, Adbusters is a creature of globalist foundations. According to research conducted by Activistcash.com, Adbusters takes money from a number of supposedly progressive foundations, including the big Kahuna of leftish foundations – the Tides Foundation and Tides Center. Between 1996 and 2003, Tides doled out $334,217.00 to Adbusters, by far the largest amount of eight foundations donating.

Steve Baldwin claims Tides received over $7 million from George Soros. Although the monetary connection between Tides’ founder Drummond Pike and the arch globalist Soros is somewhat murky, researcher Ron Arnold has mapped out numerous connections between the two so-called philanthropists. Under IRS rules, Drummond is not obliged to reveal who he receives money from to fund a large number of supposedly progressive organizations.

“The Tides Foundation is a pass-through for other foundations’ money,” writes Arnold. “Tides Foundation is a public charity, not a private foundation. Tides Foundation passes other foundations’ money to a spectrum of left-wing organizations which the original donors would not or could not support on their own… Because none of the more than 260 projects under the Tides umbrella files its own Form 990 with the IRS, their finances are totally secret and not available for public inspection, an issue that requires congressional remedy.”

The Dj Osiris blog adds further detail: “It would seem George Soros is connected to the U.S. Day of Rage aka Occupy Wall Street through The Ruckus Society. On the U.S. Day of Rage website. The Ruckus Society receives funding from the Tides Foundation and George Soros’ Open Society Institute provides grants to Tides, including a mere $4.2 Million in 2008, the last year figures are available.”

As the filmmaker Michael Moore admitted to We Are Change activist and journalist Luke Rudkowski last week, the goal of the movement funded in large part with globalist lucre is to attack and dismantle capitalism. Moore discounted out of hand any effort to end the Federal Reserve and return the nation to sound and honest money controlled by the American people, not a cartel of bankers and oligarchs from the financial class, including George Soros.

Instead of addressing issues that will solve the serious social and political problems created by fractional reserve banking and other scams run by the ruling elite, the Soros lubricated anti-capitalist movement will steer popular outrage and political reaction into fireproof channels that can be controlled by globalist forces behind the curtain.

On the so-called right side of the political spectrum, a similar operation was carried out against the Libertarian Tea Party movement, now largely a cheering section and amen choir for the establishment Republican Party that is dominated by neocon personalities such as Sarah Palin, Michele Bachmann, and the political cameleon and former Gore operative Rick Perry.

The Occupy Wall Street movement, funded by globalist foundations – and increasingly receiving sympathetic coverage by the corporate media, at least its “liberal” wing – is now describing itself as a gathering of “descamisados” (impoverished, landless) arrayed against the “estancieros” (land owners), a class warfare reference made popular in Argentina.

In reality, it is another consolidation of wealth program designed by the elite. Warren Buffet may take to the pages of the New York Times and call for taxing the “rich,” but what he is advocating is in essence a wealth consolidation program.

The ruling elite, their banks and transnational corporations do not pay taxes, the little people do, as Leona Helmsely arrogantly noted. Increasing taxes on the “1 percent,” as the movement demands, to save the “99 percent,” will result in a further erosion of the middle class, as the elite know.

“The higher taxes may very well cause the smaller businesses to go out of business,” notes the Collateral Damage blog. “They won’t have the economies of scale to compete with the bigger corporations, so what ends up happening is that the small business assets eventually get sold to the big corporations, usually for a fraction of what the assets are worth. So in effect, it ends up being a wealth transfer from the middle class to the super elite rich.”

If we look beyond the facile socialist rhetoric and examine who is funding and essentially running the Occupy Wall Street movement – the “liberal” foundations with the same globalist goal as their supposed ideological enemies on the so-called right (who defused the real Tea Party movement) – we realize that the movement is essentially another effort to colonize political opposition and render it ineffective and politically impotent.

The real movement, and the one posing a serious threat to the “1 percent,” the global elite, is calling for an end to the Federal Reserve, a return to the core principles of our once proud constitutional republic, and sound, honest money not controlled by the elite and the financial sector now tasked with taking down the economy and reducing America to a third-world wasteland.

Related:

“This Is Revolution Not Reform” – Occupy Wall Street Organizer to ‘Excited’ Al Sharpton:  We Are Anarchists and Revolutionaries, ‘This is the Beginning of a Revolution in this Country!”

h/t to Jean Stoner~

Yahn! Day of Rage… Like White House Snoop Site Both Big Leftist Flops

After promoting the Day of Rage for months it seems in the end the protest attendance on Wall Street ended up being between 700 and 1000 people even though their site on facebook touted 100,000+ people in attendance.  And the mainstream media again tried to help them out when few reported on the lack of participation.  One person tried to promote that story that there were 50,000 people at the event on Saturday…

Watch Live - Happening Now - 50,000 Protestors On Wall Street Ignoring NYC Police Orders To Disperse

Reported on radio Saturday night from an attendee: 

Caller - around 1,000 were there at there at the peak today
200 will stay overnight
2 were arrested for having bandanas on

Just like with the WH’s attempt to get Americans to spy and report on each other through the WH’s snitch website , their day of rage and hate fell flat. 

Conservatives Generally Used Obama’s ‘AttackWatch’ Site to Make Fun of Obama and the Site

And there are increasing reports that only 700 people showed up for the ‘hatefest’ or USDayofRage.  Yawn… The Wall Street Protest Failed

Protesters blocked in bid to 'occupy' Wall Street

Hundreds of people marched near Wall Street in New York in a failed attempt to occupy the heart of global finance to protest greed, corruption and budget cuts.

Plans by protesters to turn Lower Manhattan into an "American Tahrir Square" was thwarted when police on Saturday blocked all the streets near the New York Stock Exchange and Federal Hall in Lower Manhattan.

The demonstrators had planned to stake out Wall Street until their anger over a financial system they say favors the rich and powerful was heard.

"The one thing we all have in common is that We Are The 99 Percent that will no longer tolerate the greed and corruption of the one percent," said a statement on the website Occupy Wall Street.

By noon, about 700 people, many carrying backpacks and sleeping bags, had gathered near Wall Street to search for a place to camp amid a heavy police presence.

That was far less than the 20,000 people that the online magazine Adbusters, which launched the movement in July, had hoped to see "flood" the neighborhood for a months-long occupation.

The protesters who did arrive were full of zeal and righteous indignation.

"This is a protest against corporate greed and we come to Wall Street because Wall Street is the Ground Zero for corporate greed," said Julia River Hitt, a 22-year-old philosophy student.

"We are here just to say we are fed up, we are not gonna take it anymore."

The protesters gathered in Trinity Place, some some 1,000 feet (300 meters) from Wall Street, which they hope to turn into the US version of the famous square in Cairo that became the focal point of protests that led to the ouster of Egyptian strongman Hosni Mubarak in February.

"No more corruption," read one sign a demonstrator brandished. "Wall St Greed, New Yorkers Say Enough," read another.

"I will sleep here. A lot of us we will sleep here," said Steven Taylor, 24 a protester who arrived equipped with a backpack and a sleeping bag.

Youths shared food and discussed the economic crisis in groups of 15 and 20. Others marched around the square.

Among the group was Javier Dorado, a law professor from Spain who compared the protesters with the mass "indignant" demonstrations in his country against high unemployment, welfare cuts and corruption.

"This is a global phenomenon that is taking place in Europe and many countries," Dorado said.

The protest came as the United States struggles to overcome an economic crisis marked by a huge budget deficit that has triggered cuts in the public service sector while unemployment hovers stubbornly above nine percent.

"There's a war in Libya, there's a war in Afghanistan, there's a war in Iraq and we have cuts in education, social programs," said a masked protester who declined to be identified.

"We know where the money is going! Revolution in America!"

Source:  Yahoo

 

By the time I arrived at the Wall Street Day of Rage around 2:00 PM, the NYPD had Wall Street on total lockdown, with barriers at both ends, uniformed NYPD officers standing shoulder-to-shoulder, and plastic flexcuffs hanging in bundles from their belts. Clearly, the NYPD was not messing around. So the anti-capitalists and comrades and anarchists had to move their march south.

The leftist smorgasbord of a few hundred gathered on the nearby front steps of the Smithsonian National Museum of the American Indian. It was here that the Day of Rage protest hit full swing.

While its “Occupy Wall Street” concept was thwarted by the fact that they couldn’t even walk on Wall Street, the protestors remained enthusiastic about their plan to camp out for months, and their cause.

But what that cause is remains anyone’s guess. The Days of Rage protest was sort of a leftist outcry a la carte, a mishmash of grievances vaguely anti-capitalist, and anti-government. The main rallying cry was anti-banker, and there was much talk of ‘fat cats.’ After that, the message was unified only in its hatred for our current government, and the promise that we would all be better off if the system collapsed.

I spoke with many of the Day of Rage protestors. They were clearly fired up, but there was widespread insistence that this event remain non-violent. Whenever a protestor took a bullhorn out and tried to get the crowd fired up, the speech tended to drift into shapeless platitudes about ‘banksters,’ corportate greed, and references to socialism. A few secondary characters yelled out about stopping the “Tea Party,” but this passed without much noise from the crowd.

In the single most enthusiastic crowd moment, one of the organizers took the bullhorn and summarized the message of the whole event: ”The system is going to collapse,” he said, “we are here to make it collapse faster.”

There were many Guy Fawkes masks in the crows, and some more bizarre, homemade costumes milling about. The anarchists were mingling freely with the socialists. The anti-war group “Code Pink” sent a small delegation (in pink, of course). They all agreed our government should crumble, but nobody seemed to wonder if that happened, who would take the reins? Doesn’t somebody have to implement socialism?

There were a few  Ron Paul fans in the crowd holding up signs that mostly supported the Congressman‘s ’end the wars’ stance. A deceptively well-groomed Larouchite handed me a flyer with “Seven Necessary Steps” outlined for America that focused on economic reform and forcing Barack Obama to resign.

Around 3:00 PM, The protest moved north up Broadway to the Chase Manhattan Plaza, not far from the site of Ground Zero.

The same organizers took to the bullhorn and repeated their slogans for a while. People started to look tired, bored, and hungry.

Then, in perhaps the most surprising turn of events all day, a counter-protest erupted from the other side of the Plaza. A full brass band bellowed out patriotic tunes, including “The Marine Corps Hymn.” This clearly stole the protestor’s thunder for a while. The best they could do in response was yell out play the Internationale” a few times.

A little after 4PM, the protestors broke up into discussion groups. They sat crossed-legged on the ground. A few turned into drum circles. In others, the more vocal members of the crowd lectured others on socialism, and Wall Street greed, and the need to ‘do something,’

The few hundred participants in the protest already appeared to be losing steam at that point. As organizers began to bring in food, one of them asked me to help him distribute sandwiches. I had avoided shaving for the better part of a week, and felt my scruffy look was validated by this. I politely declined.

I concluded that the moment the Skippy peanut butter runs out, most of these self-styled radicals will hop a bus back to campus, or their parents’ suburban basements.

This was not a Tahrir moment. Not even close.

But it is worth asking why. This was supposed to be a 20,00 person occupation to shut down Wall Street. They meant to show the world that the ‘banksters’ can be brought down, and with it the entire system of U.S. governance.

This crowd looked more like Ben and Jerry’s hippies than communist storm troopers.

From what I saw, the NYPD played no small role in keeping things in check.

When it comes to crowd control, the NYPD is widely considered the most capable police force in the country. After the U.K riots burned down whole neighborhoods, it was a former NYPD Commissioner they brought over to consult on new tactics and procedures.

The NYPD may have been the main reason the ‘Day of Rage’ protest appeared much more like a college sit-in for Earth Day, or Free Palestine, or whatever the grievance du jour might be, than a surging Madrid or Cairo riot.

Every interaction with protestors was courteous but firm. The robust NYPD presence was essentially a promise to the protestors: as long as they obeyed the city’s rules, they could yell and shout and rail against capitalism to their hearts’ content. And they did.

With my experience in both the intelligence community and law enforcement, it was obvious to me that if someone had picked up a bottle or started a fight, they would have been flex-cuffed within seconds. It was clear at all times who was in charge. The NYPD made sure even anarchists played by the rules.

That in itself may provide a critical example to other cities. The Day of Rage protests are supposed to occur in across the country, and go on for months. Politicians and police forces in other cities would be well-served to take a look at how the NYPD handled the Day of Rage as a blueprint for their own law and order efforts.

And remember– this was just a first ‘Day of Rage,’  as the protestors themselves said. “This is just a practice,” they yelled from the steps, over and over. They plan to continue these ‘direct action’ events. Perhaps next time, more radical groups will join. All it takes is a city with less police resources that fails to pay attention, or overreacts. We already have seen, in Madrid, London, and Cairo, what is possible.

The protestors say they will sleep on the streets for months. Based on what I saw, I doubt it. Maybe a core group will make it a week.

But among the signs and chants, there was real anger. And as the United States and the global economy stare at the possibility of a second recession in the months ahead, these ‘Day of Rage’ protests will probably get bigger, and their participants more brazen.

Video:  #OccupyWallStreet - Saturday 17th September 2011 – Anonymous  -  I guess 20,000 occupying Wall Street for several months equates to 700 to 1000 for 2 to 3 days?!?  They called for 20,000, tried to report 50,000 and got about 1,000.  Looking at those numbers. jokes instead of reports sent to the White House snoop website and the results of the special elections last week… I’m smelling a regime change in D.C.

In the course of monitoring a number of protests around the world for the “Days of Rage” events on September 17th, I did note that there was a demonstration of sorts in Seattle.  Apparently the folks at @USDaysofRage were pretty sure Glenn Beck would be interested.

The actual videos are pretty standard stuff.  Semi-hearted chanting: “Corporations…are not people.” Most of the participants, I would note, seem to have purchased their clothing, and perhaps their printed demonstration materials, from actual corporations and the, um, individuals involved in the manufacturing.  Particularly Mr. Dockers right in the front center.

Read full article Here

Posted by Ask Marion!  -  h/t to my Powder Puff Patriot Buds for all the links and info (TMH and AJ from the NoisyRoom, Jean Stoner and Syver Alton Larsen)

Related: 

Who Will Watch the AttackWathers?

Obama’s AttackWatchDotCom Campaign and Snitch Website

Through the use of social networking sites like Facebook and Twitter, it seems the anarchists are determined to bring the Arab Spring to the shores of the United States.  Sites like #Occupy Wall Street, and US Day of Rage have been encouraging the disaffected to seize back control of the banks.   "The Occupation Has Begun!", states one site...  "Beginning on September 17, we want to see 20,000 people flood into lower Manhattan, set up tents, kitchens, peaceful barricades and occupy Wall Street for a few months. Once there, we shall incessantly repeat one simple demand in a plurality of voices."

Others like Real Democracy Now!, herald a world-wide occupation of banks and 'banksters', and implore people to take to the streets to send their government a message.  Isn't it great to know that our government spent millions of dollars to pass out free cellphones to these folks? Read more of this post

‘U.S. Day of Rage’ Being Orchestrated for ‘Worldwide Democracy’ (think pseudo-anarchist, neo-Marxist, globalist)

Alert: Anyone Noticing the call for US Day of Rage on September 17th? (vanity)
8/10/11 | 30Moves

I just noticed on Twitter and Facebook that the Left is calling for a US Day of Rage on September 17th.

The Twitter #s are: #USDOR, #occupywallstreet, #revolution

Facebook: Occupy Wall St. or US Day of Rage

They invite people to occupy Wall Street and DC and State Capitals.

Publius is Very Unhappy! Bring your tents! Wall Street belongs to us! Demand the the top 2% pay their fair share!

Lots of tweets but the Facebook pages are low volume.

In addition, there is a group of Muslim activists that are pushing this and in England for the rioters to overthrow the government. -  UK: Islamists call on the Internet to support rioters

My question to them would be: then what?

Gulag Bound

European Revolution

We thought this would be happening, now didn’t we?!?

 

A movement is suddenly springing up from nowhere (ah-huh) to take on the free enterprise, “capitalist” system. In America, they are especially targeting Wall Street, a place still somewhat constitutionally sovereign to the U.S.A. and not thoroughly controlled yet by authoritarian global collectivism.

That is a Wall Street which has already been damaged by the Cloward-Piven orchestrated mortgage meltdown and stemming from that was assailed by the protorevolutionary Obama-Peloisi-Reid government, which brought boa constrictor regulation — by “reform” with loopholes wide enough to fit Brinks trucks for large and coordinated hedge fund manipulators, and which shielded a Securities & Exchange Commission gone dark from the kinds of Freedom of Information Act (FOIA) inquiries that uncovered Bernie Madoff. Cloward-Piven government, indeed.

A “U.S. Day of Rage” is scheduled to start an “Occupy Wall Street” camp-out on “17/9/2011″ (which would denote orchestration by those who use the British means of writing dates). And as with the “Arab Spring,” much of the organizing is being done through social media, especially super-popular Facebook and Twitter.

Immediately upon clicking links, one finds it to be the America-targeting element of a worldwide movement, especially popular by the looks of it, in Old Europe. Again, that is no surprise to those who have looked into the updated mode of Marxist revolution stemming from the Gramsci and Trotsky schools and historically, even the days before Marx and Engels. Revolutionary proponents likes to hide behind the non-American ideal of democracy(as in permanent rule of the proletariat majority, forget about a republic) along with nebulous and mysterious anarchistic labelling.

From the U.S. Day of Rage “About” page:

Our Partners

European Revolution

Take the Square

October2011

Occupy Wall Street

WL Central

We Support

AnonymousIRC

Lulzsec

The term “Day(s) of Rage” is the product of Chicago’s Weathermen, led by Obama workmate Bill Ayers and cohabitants.

This Day of Rage speaks of non-violence, yet plays up the violent terrorism of the current rioting proceeding in Great Britain.

This entry in GulagBound.com will be updated, so we may bring you the news immediately and fill it out as we go.

h/t to Terresa The Noisy Room  and  h/t: CFHeather  and Jean Stoner

Related: UK-Based Extremists’ Group Plot to Overthrow Pakistan Gov’t