Michael Lewis Weighs In On Occupy Wall Street

Bloomberg:

To: The Upper Ones From: Strategy Committee Re: The Counterrevolution

As usual, we have much to celebrate.

The rabble has been driven from the public parks. Our adversaries, now defined by the freaks and criminals among them, have demonstrated only that they have no idea what they are doing. They have failed to identify a single achievable goal.

Read the whole story: Bloomberg

Comments

[ForVivi]

12:20 AM on 12/07/2011

Sometimes we have to laugh to keep from crying. The one percent are not only evul, but also ridiculous.

[ForVivi]

12:16 AM on 12/07/2011

I looked up Incline, NV -referenced in this article- and found the following:


"TAX ADVANTAGES OF NEVADA OWNERSHIP

The State of Nevada offers one of the most tax and business friendly environments of any state. CPA's, tax advisors, and asset protection specialists have recognized for years the benefits of calling Nevada home!

Sixteen Reasons to become a Nevada Resident

No personal income tax
No corporate income tax
No gross receipts tax
No franchise tax
No inventory tax
No tax on issuance of corporate shares
No requirements of shareholders & directors to live in Nevada
No tax on sale or transfer of shares
No succession or inheritance with IRS
No sharing of information with IRS
Simple annual requirements
Protection for Directors and Officers
No initial or minimum capital requirements
Anonymity of owners-Total Privacy
Low property taxes
Business friendly environment

http://www.inclinebrokers.com/tax_advantages_nevada.php

[MilesToGo]

12:42 PM on 12/06/2011

This is great satire. We might only wish the authorities would leave OWS alone for the reasons stated.

[UnknownSolider]

05:46 PM on 12/05/2011

This article was laugh out loud funny. I think Micheal Lewis gets it

[jtrip38]

05:03 PM on 12/05/2011

That's right just like a pack of thiefs

[LeftMyArmInIraq]

03:39 PM on 12/05/2011

Me and some of my fellow VETERANS will be arriving shortly to DC to express our OUTRAGE at the way this GOVERNMENT had turn their backs on the AMERICAN people . JOIN us if you can

[PollyTics]

02:07 AM on 12/06/2011

Great to hear it...if only I was a veteran and going to DC. Best of luck, carry our good wishes with you!

[ForVivi]

12:18 AM on 12/07/2011

My respects to you sir. Thank you for your continued service to our country as you stand up to domestic enemies. There are many supporting your efforts.

[Hotspot]

03:16 PM on 12/05/2011

kellan capital For the most part people are missing the point. This isn't about getting a job, or having a job, or keeping your money vs all-out socialism. The system is rigged from top to bottom. Read Boomerang. As great as it is for entertainment value it is a great summary of the real systemic problems. The elite (.001 %) have rigged the system. They can gamble (leverage) as much as they like within the system they built (political influence), and the very size of the gamble guarantees the payoff (win the bet or get a bailout). I am in the 1% and I DO NOT feel safe from the .001%. So I take the side of the 99% and will agree to pay more to fund well executed programs for education and family services in hopes of a brighter future for more citizens. Simply put, if you want to change America you must remove money from politics. If not this great country will always be up for auction to the highest bidders

[billw8017]

04:45 PM on 12/05/2011

Another idea is to put more money into politics. There has to be a point of diminishing returns, and after that, actual issues and the personal interests of the most people will begin to matter again. We are talking about the conditions of our lives and the prospects both of our young and the complete future of the United States as a worthwhile nation: How can it ever be said that it is better to do it more cheaply.

So, OK. Where does the money come from?

Maybe we all should join the OWS and call it "sweat equity."

[fortressfountain]

01:05 PM on 12/05/2011

I wish everyone-including the members of Occupy would read his books-espeacially "The Big Short".
What next?
Well nothing until the great paper empire based on trading valueless paper wants to cash in for its money-once again someone will be left holding the bag.

[drp103]

01:04 PM on 12/05/2011

Move over Mr. Taibbi!

[PollyTics]

02:08 AM on 12/06/2011

There is plenty of room for both of them and more! If only we had that problem!

[inmyhumbleopinion]

11:32 AM on 12/05/2011

Is there a better satire writer on the planet equipped to skewer Wall Street than Michael Lewis? I LOVE this guy.

[billw8017]

05:02 PM on 12/05/2011

There is a chapter in The Next Next Thing about Indian programmers trying to make medical software. Despite the success of Deep Blue and the best commercial computers available, they are unable to succeed and offer their work as a prospective model for improvements. This -- and some personal experience with a very expensive system where I worked -- is on my mind when I scorn Indian programmers.

At the job, an Indian programmer finally showed up to tell us about "mission creep" and told us to learn to live with what we had. The in house programmer had been doing better with Lotus 123.

[Stanley]

11:30 AM on 12/05/2011

I agree. All those who are excessively wealthy with the presumption of being either smarter, better, bolder or even luckier, who want to continue in the same direction without moderating balance in a growing and unstable inequity, please leave. Leave the problem to those who are more serious minded about a future that isn't self-obsessed classism. Europe, our shining example of a class system gone awry created our greatness through their excess and unfair limits to how high an average citizen can go. Without a belief and practical reality in an American dream of equal opportunity, then I would suggest leaving may be the safest route possible, because America without a dream is doomed. Then their wealth is just an illusion.

[Pennstategirl]

10:09 AM on 12/05/2011

Well said, Mr. Lewis. So, now what?

[Plymouth Pilgrim]

09:48 AM on 12/05/2011

It looks like these people have their heads in the sand. They are shouting victory like George W did on the aircraft carrier claiming we won the war in Iraq. Didn't quite work out that way, did it. Come spring time, These guys will see the largest protests in the history of this country. So much for their victory over the rabble.

[ge971]

09:47 AM on 12/05/2011

Who's Michael Lewis? And what did he say?

[Gary Storch]

11:57 AM on 12/05/2011

Try reading "The Big Short" by Michael Lewis.
It will educate you to who and what he says.

[ge971]

04:17 PM on 12/05/2011

Think I'll pass on his book. He sounds like a financial adviser, oh great just what we need. I'll google him.

[portfolio]

09:21 AM on 12/05/2011

Much as in the satire " A Modest Proposal",

this article works because there is a large element of truth underlying

the humor.