The People Occupy Wall Street While Wall Street Dreams of Another Recession

[humouriseverything]

Is it me or was that trader directly addressing the middle classes with no regard for anyone else?

[ToeIn2194]

Washington you misdirected dorks!Have the balls to go after the real culprits..or is that asking too much....

[powerone1]

That trader sounds like a vampire, he is just waiting to feed. These are the kind of people that the so called Republicans back. Ask yourself, do they represent your interest? If they can make money from blood and guts in the streets, they are perfectly happy with that.

[millindollamovies]

Dumb ass protesters the MONSTER that created Wall street is in WASHINGTON! Take your dumb lilly white suburban loser dork ass's to the real source of evil...the CONGRESS who made laws that allow this FILTH to grow!!!!

[nelr261]

wow this video needs more media coverage. We need to spread the word!

[Anndebone]

How do we invest or protect what we have when in order to live we have to have MONEY!!??!?!? In order to protect what we have now, we need money to protect it?

[TheEmpowered787]

trader as in TRAITOR to his own fucking race in the name of capitalism.

[TheEmpowered787]

IS THIS GUY KIDDING ME? Hedging strategies is what brought us to recession in the first place!

[Sabohaque]

Making money off a crash? JFK's daddy. nuff said

[chronDiggity]

I sincerely appreciate that investor's honesty.

[chenalos]

Big hit for the Yes men.

[igoronline]

Fortunately, he's a pretty bad actor.

[Overkillerr]

@igoronline It dosen't mater If he is a Yes man or no - He said the truth. I'm learning how to earn on going up and down. Investing only in up is like gambling. It is investing without insurance.

If You invest hoping on up. put some moneys that it will go down. Cause if it does you will be loosing on your prime investment but earning on insurance.

Without insurance You will onl loose. Every thing You are doing in live or in business must be insured! Or You just gambling with fate.

Think/LEARN

[gihaification]

@Overkillerr There’s 2 mentalities here, 1 where it’s all about the money, and the 2nd where your responsible for people’s lives, If your manipulating the market for profit like alot of big firms, and ruining people’s lives so you can get another billion dollars, there needs to be laws in place to stop you. But if you’re buying a company because you believe in the product or can see a market then bet away.

At all times you have to remember that there are people at the other end of the market.

[metalgamer1186]

A professional trader will make profit no matter what market they are in and in any direction if proper money managment and risk management is solid, that guy from the BBC sucks if he can only make money in one direction

[gihaification]

@metalgamer1186 hes not saying he cant make money going up, Its just easier and he can make even more if it crashes, he gets to keep his money while the rest of us loose, then get to buy stuff while its super cheep.

All the traders have invested overseas, They have no real money in the USA, there not motivated for it to stay up. They want to get a crash so they can buy the future super cheap.

[KillTheStranger]

ANTI-HERO

[EmpathyWorks]

Sam that trader is a crock of shit dude. He is a options guy who is vested in the market going down. He is pissed off because he didnt take advantage of the last crash and he is pissed.

The market will not crash like that again, thats for DAMN sure. If it does it will crash like 60-100 years from now.

[gihaification]

@EmpathyWorks This trader is the perfect example of WS. Hes there for money. He speaks to other traders all day long, All his friends will be traders, Do you think hes a 1 off? hes simply stating what hes observing. Hes talking about a crash because hes seen that the problems have not been fixed. They know that the same people who ruinned the system are still there doing the same thing and trying to earn more money by scamming the system.

[pjamesbda]

@EmpathyWorks - Spoken like a true investor. You think this is a joke, and it will never happen, you are seriously deluded, and you will be boiling your shoe leather for food within a few years.

[DisturbedHavok]

This is the libertarians idea of a "great man". The type of man that says "I'm going to make money however I can and you... well fuck you!" In the eyes of the Ron Paul fans, who I'm sure are still jumping all over the SamSeder and TYT videos, if everyone acted in that manner, society would be AWESOME!

[bunkmasterflex]

How badly i wish that music would shut up. The only time anybody actually ever needed a speaker's corner.

[thegreendino]

Not traders, Traitors.

[Glambert27]

Our govt stinks they are not going to do shit. It is time for the people to stand up with #occupywallstreet and figure how to save this country now. The govt does not care all they care about is the money they get paid from their corporate buddies.

[xadam2dudex]

who cares about the traders or wall street they are immoral monsters who don't care about anyone but themselves..money is their god they should all be thrown into prison for life..these are the people who caused this and should have thei wealth confiscated..the "market" is nothing but a casino and they gamble with everyone's future..there should be 10s of 1000's of people there.. the whole city of NY should be there

[kazooga1234]

would you talk about the DFTBA bank that was started by the vlogbrothers as a way to help people create their own businesses and like with any bank people still need to pay the money back

[dffykvn]

Shoot the wall streeters

[GreyPeaJim]

Root cause: Money feeds this cancer.

Solution: Kill the cancer. Get rid of money.

[jesse1018]

@GreyPeaJim What could you logically replace it with? What would regulate resource management?

[GreyPeaJim]

@jesse1018 Don’t replace money with anything. It is only a hindrance, make everything free. We need money right now but we can make it obsolete providing our needs are taken care of, and there are enough resources to care of our fundamental needs and more. Resources would need to managed and distributed intelligently as needed and would have to be done so by a computer automated system. Such a concept is often rejected because it is so alien, after all how could we do without money?

[jesse1018]

@GreyPeaJim the computer would still be programmed by someone(s) who decide what takes precedence. The programmer can still be corrupted as to who gets the larger shares, better access, etc. How then would failed ideas be allowed to fall aside if they get equal share of resources? Who decides when an idea/allocation of resources is no longer worth it? The Venus Project model has too many flaws since it, and other ideological systems, require utopian-like conditions to be successful. Money is....

[jesse1018]

...continued: Money is an incentive, the accumulation of wealth and the comfort it brings will often drive new ideas, but if we all sit on our butts and have the Matrix take care of us, don't be surprised when human productivity drops to nil.

[GreyPeaJim]

@jesse1018 Hold up a sec, you are jumping to conclusions ‘cause you are not thinking things through. Forget TVP,forget dreams of Utopia,focus on the possible. A question you might like to ask is, how do we limit the risk of corruption when designing such a program?One such way might be through online collaboration,keeping things transparent.Consider Wikipedia.A free online collaborative knowledge base.Sure sometimes some info becomes corrupt but the masses root out and correct such corruptions.

[GreyPeaJim]

@jesse1018 and yes Money is an incentive (as is the whip or someone holding your family hostage).Now if you were to do something you wanted to do and enjoyed doing,why would you need added incentive?And what if you realised that what you are doing actually contributes to your own well-being as well as everyone else’s and realised that most other people out there were doing the same?Now for a moment just forget about those who wouldn’t see this as incentive enough, and ask yourself if you would?

[jesse1018]

@GreyPeaJim Making a gain vs threat of pain is vastly different in terms of incentive, don't compare the two. The motivation to do what you enjoy isn't in question, where is the incentive to compete for the more prestigious position. Whats going to dictate which projects get more access to resources? Group A might think one thing and group B another, a computer can't make the decision. We have to. Further, how would we allocate discretionary spending? Too many questions for 500 characters.

[GreyPeaJim]

@jesse1018 Sorry, you are correct, no need for the comparison. Necessity would be another incentive. Its not about competition, it is about collaboration. Regarding 'wants' these would always have to be secondary to 'needs'. But as for decision making about which projects and allocation of resources; that is where the scientific method comes in to play. Many important questions but I am very confident that they can all be investigated & answered (although not necessarily by me).

[jesse1018]

@GreyPeaJim Well this has been an interesting conversation, but I think we just have a different philosophy on what would be successful. What I can agree on is that the biggest problem with capitalism is corruption. I just think there are better ways to fix it. The saddest part is that neither of our solutions will materialize in our lifetime.

[GreyPeaJim]

@jesse1018 Yes it is sad, hopefully we can at least make a difference.

[nderground1]

@jesse1018 "The saddest part is that neither of our solutions will materialize in our lifetime."

that is where you are wrong. the time for action is now. mark my words: between now and the 2012 elections we will see shit go down like never before.

[jesse1018]

@nderground1 Things in Washington are so out-of-touch they literally don't understand our point of view. Also, the powers-that-be are so rooted in their place that we'd probably have to resort to violence to get the results we want. Before that could ever really happen the masses would get appeased/distracted into complacency again, for a time, till little liberties get taken away one by one again.

[longdoggie]

This dude was actually showing he has some compassion by telling the truth and warning about what may be coming. Traders are a little like vultures in a way. Mostly they're not the ones doing the killing. They just take advantage by picking the corpses. It's all perfectly legal and very lucrative, so why wouldn't they do it? It's the managers and executives at the banks who made all those shitty deals that killed the economy. It's a different job function. That's all I'm saying.

[dffykvn]

@longdoggie Actually the traders for the big banks are like vultures that decide to poison a village killing everyone because they're too lazy to fly around looking for food

The wall streeters created the recession so naturally they had plans to come out ahead

[longdoggie]

The only thing shocking in the video is the prediction of another bad crash. The rest is just objective truth. I've been a trader, not very successful, but yeah, that's what they do. They make money on market moves, the direction is irrelevant, because they can short, or hedge, like he says. There's no morality involved. Traders are not investors. In a way they are the opposite - the are not at all "invested". A flat or stable market is bad for traders. Be that as it may, the market needs them.

[ndrthrdr1]

I bought silver and took physical possession of it. As I can afford more, I buy more.

[ndrthrdr1]

I bought silver and took physical possession of it. As I can afford more, I buy more.

[rextrek]

sounds treasonous to me 

[smpunditz]

He isn't one of the Yes Men. BBC and Forbes confirmed it.

[DcEatsItsYoung]

It totally sounded like a "Yes Man." Regardless it wasnt that suprising as that is what i would expect a trader to think, but it was definitely shocking to hear...

[gihaification]

That trader is saying what all progressives already know, wallstreet does not care about countries economies, Only about making money for themselves. People are criminaly stupid if they think that without regulation/laws in place to prevent criminals on wallstreet that they wont steal everything they can and export it to a country where they can make even more money.

[thejihadresistance]

@gihaification Carter gave the communists what they wanted he FORCED the banks to loan to people who could NOT pay them back (Community reinvestment act) Clinton put it on steroids and repealed the Glass Stiegal Act) This mess IS because of 80 years of communism. Every person in the occupy wall street joke, is a useful idiot. Our founding fathers found the way to govern people by using their own desire for self-interest, now let's get back to the constitution, ONLY.

[LiberaLib]

@thejihadresistance just because something has the word "community" in it, doesn't mean it's "communist." anyway, it wasn't clinton who repealed glass-steagal, it was phil graham. it's deluded free-market utopianism and corruption that have ruined the economy, not "communism." there's barely a vestige of communism left in the united states. you people don't get it: YOU WON. that's why this country is trashed.

[thejihadresistance]

@LiberaLib We are 100% communism, dept of everything, the government CONTROLS and REGULATES it ALL.

[LiberaLib]

@thejihadresistance medication helps, friend.

[thejihadresistance]

@LiberaLib I think you have had too much

[gihaification]

@thejihadresistance

Yep Glass stiegal was a bad move, but you don’t see any repubs arguing for its return

Constitution is great, but it’s not a perfect document. It needs to evolve and modernise with the times. You simply can’t repeal the 21st centuary because of 1 mistake, You fix that mistake not roll back 100's of years of progress.

[thejihadresistance]

@gihaification BS You're a communist, the constitution is all we need.

[captcrais101]

@thejihadresistance WHat you describe is not communism. It is corporatism which is also from the Republican Party too.

[thejihadresistance]

@captcrais101 NO I am describing communism that has been infection the USA for more than 90 years. The over regulated corporation has been destroyed by communism and you can see this scam with the government invented green solar panel company NOW getting your money from who?? BIG government Saul Alinsky REDS in the White House, you can NEVER admit you did this to yourself.

[ubtri]

Scary...

[bungerman1000]

hurray, sam made it down there, keep it up!