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Occupy Underground

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KoKo

(84,711 posts)
Sat Feb 25, 2012, 07:35 PM Feb 2012

"Occupy SEC" Heads up LEO! Is this group "for Real" or Not? [View all]

Heads Up "Leopold's Ghost!"

I just watched "Democracy Now" with Amy Goodwin where Alexis Goldsmith seemed to be in charge of OWS/SEC..(she admitted she's not sanctioned by OWS, but their group went ahead and did work to post a refute of "Dodd/Frank" and to petition to get a "Full" ..."VOLKER RULE" back into place to counteract what President Clinton did when Clinton got the vote to get Glass-Steagall Repealed in his second term (when he was under threat of Monica Backlash)

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Then I did a search on Alexis Goldsmith (who had appeared on Democracy Now) and found she'd ALSO appeared on "Up" show on MSNBC with Chris Hayes which shows on early MSNBC on Weekends and she'd laid out her case there for RESTORE GLASS-STEAGALL.) She caveated her role as "former Wall Street Employee" with how her "message" hasn't been approved by OWS Movement...but, she felt she had to do it on her own...but she has many supporters in doing this.

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Here's an example of a "subgroup of OWS" going ROGUE. They don't CLEAR THIS with their OWS GROUP but go off and DO THEIR OWN THING?

(CAVEAT: In this case I would applaud what she did...but, that she didn't CLEAR IT FIRST with OWS Original Movement ...worries me. Especially since we now that Goldberg guy is trying to TAKE OVER OWS for his own ends.

BUT...that "Democracy Now" and "Chris Hayes" gave her AIR TIME ...BIG...I'm wondering about this.

WHAT DO YOU THINK? Because we know the "MOVEMENT" is very prone to being corrupted by interests that go ROGUE.

I loved the Attention to OWS from both sites....but, I'm always, these days, covering my back.

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What We Did
Occupy the SEC has submitted a 325 page letter to the SEC, FDIC, the Federal Reserve and the OCC, to comment on the notice of proposed rulemaking for the Volcker Rule. In our comment letter, we answered 244 out of 395 questions asked by the Agencies.

The Agencies involved in the Volcker rulemaking process have an historic opportunity to redress many of the economic wrongs of the past, and create a future that privileges the interests of the many rather than the few. We ask that the Agencies vigorously implement the considerable responsibilities that have been discharged to them by Congress, remain faithful to the statute’s intent and consider the comments contained in this letter.

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Listed vs. OTC: Why the NYSE is not the Problem
Posted on February 23, 2012 by alexis

At the heart of the 2008 crash were a number of opaque, complex products with three-letter acronyms: MBS, CDO, and CDS. These products that have devastated our economy all have one very important thing in common: they were all traded over-the-counter (OTC).

One defines an OTC product by what it is not: if it is not traded on any financial exchange, it’s an OTC product. Since it is not traded on a public exchange, an OTC product is nothing more than a handshake between two people and a legal document outlining the terms of the trade.

You can think of an OTC trade as a bespoke suit. Instead of going to a department store and buying something off the rack, in a set size that may not fit you, you visit a tailor, who makes a custom suit tailored just to you. Because it’s tailor-made, you’re going to have to pay more for it.

READ MORE AT.....
http://occupythesec.nycga.net/

EDITED for missing Parens......

28 replies = new reply since forum marked as read
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Help me out here. Is there a central Occupy Group that "clears" actions of all Occupy's? rhett o rick Feb 2012 #1
No, not that I know of, but actions taken using OWS's name are generally discussed sabrina 1 Feb 2012 #2
On Democracy Now...she said she hadn't been cleared by OWS..GA. KoKo Feb 2012 #3
Thanks, Koko, I appreciate your posting it. I don't see why she can't just be another group sabrina 1 Feb 2012 #8
You say "at the GA", but dont each Occupy group have their own GA? rhett o rick Feb 2012 #5
Each GA speaks for themselves. But every Occupy group that I follow abides by similar principles... Luminous Animal Feb 2012 #6
Thanks. nm rhett o rick Feb 2012 #10
Yes, they do and it sounds like she is being honest about what she is doing. Eg, there sabrina 1 Feb 2012 #7
Thanks. nm rhett o rick Feb 2012 #9
Occupy's generally believe anyone should be able to go off and do their own thing, but that Leopolds Ghost Feb 2012 #13
Thank you. That's what I thought but the OP threw me off rhett o rick Feb 2012 #22
In keeping with OWS structure, Occupy SEC can be its own organization with its own GA... Luminous Animal Feb 2012 #4
In Occupy-land, there are lots of things that may not be GA-sanctioned official Occupy events... backscatter712 Feb 2012 #11
Thanks for posting this, KoKo! I'll check it out over there as well Leopolds Ghost Feb 2012 #12
Thanks Leo and others for your replies on this. KoKo Feb 2012 #14
They're mainstream party-left Dems and professional leftists with good jobs Leopolds Ghost Feb 2012 #18
Referring to a suburban neighborhood assembly in my previous post, that is Leopolds Ghost Feb 2012 #20
We are an OWS Working Group within the NYC GA alexisgo Feb 2012 #15
Alexis, I appreciate your reply here and your links helping to clarify OWS/SEC connection KoKo Feb 2012 #16
Welcome to DU, Alexis and thank you for your comment. sabrina 1 Feb 2012 #17
GA consensus on the letter alexisgo Feb 2012 #24
That makes perfect sense, thank you again for your response. sabrina 1 Feb 2012 #26
This is an unrelated question. But you linked to the Occupied Wall Street Journal sabrina 1 Feb 2012 #19
OWSJ alexisgo Feb 2012 #27
Thank you. Good to know it can be read online. I loved the original copies that people sabrina 1 Feb 2012 #28
Alexis, thanks so much and welcome! That's what I figured but I didn't know enough about it to judge Leopolds Ghost Feb 2012 #21
Hi Alexis! Thanks for coming here to address this! Luminous Animal Feb 2012 #23
I think its wonderful that Alexis came here to reply to our concerns! KoKo Feb 2012 #25
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