Occupy Museums 4

Outside the MoMA when the Occupy Wall Street was in full swing downtown.

Cristina Sartori faved this
  • NYCandre 3y

    ...
  • Donna Cleveland 3y

    interesting shot. i occupied the de young last night (masters of venice) but i think that signs like the above and others i've seen, like "occupy the mall," detract from and make a joke of a very serious social movement.
  • NYCandre 3y

    Donna: thanks for the reminder, agreed: i would not want to contribute more to the confusion about what OWS stands for. I have rewritten the main comment in this better page .
  • Cristina Sartori 3y

    Excelente foto!
  • NYCandre 3y

    ".. This shows how long daddy government can still fund the banks messed up behavior:

    * U.S. Tax revenue: $2,170,000,000,000
    * Fed budget: $3,820,000,000,000
    * New debt: $ 1,650,000,000,000
    * National debt: $14,271,000,000,000
    * Recent budget cuts: $ 38,500,000,000

    Let’s now remove 8 zeros and pretend it’s a household budget:

    * Annual family income: $21,700
    * Money the family spent: $38,200
    * New debt on the credit card: $16,500
    * Outstanding balance on the credit card: $142,710
    * Total budget cuts: $385″.

    Simple huh? But wait, there’s more! This uses the total debt figure of $14 Trillion (now over $15 Trillion) but in reality if you include the “off books” debt, the total is over $100 Trillion. So using this example above, the family making $21,700 per year has a credit card balance of roughly $1 Million! Of course the credit card’s interest rate is at the very low current “teaser rates” but what will happen to this family ( US, as in all of us!) when the teaser rates expire and are replaced with modest market rates of say…6 or even 7%? At 7% interest rates, a full one half of government tax revenues will go to paying off interest…and ONLY INTEREST! "

    From jaredbernsteinblog.com/me-not-scared-of-big-numbers/
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Taken on October 20, 2011
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