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This page contains a single entry from the blog posted on October 31, 2011 8:16 AM. The previous post in this blog was In Pennsylvania, a sister city for Portland. The next post in this blog is Welcome, NCAI. Many more can be found on the main index page or by looking through the archives.

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Monday, October 31, 2011

Celebrity Week for Occupy Portland

The drama known as Occupy Portland should intensify this week with, among other things, visits to the city by two well known national figures. Author Michael Moore is due in Portlandia today, and he says he'll stop by to visit the protesters in Lownsdale and Chapman Squares.

Meanwhile, evil international bank overlord Jamie Dimon is speaking at the downtown Hilton Hotel at lunchtime on Thursday, and if ever there was a place where the 99% ought to show up and act up, that's it. He'll be only a block or two away from the protest campers.

In other news, some of the campers have crossed the street into Terry Schrunk Plaza, which is apparently owned by the federal government, because their comrades on the ground want to party all night rather than let them get any sleep. It should be interesting to see how long the feds allow them to stay there. Our guess is, not long.

Comments (16)

Isn't that "Lord Sith Dimon"?

Back on the first day of the Iraq War, the Portland Peace Encampment set up a 24/7 protest across the street from City Hall on the sidewalk next to Terry Schrunk Plaza.

Initially, no one knew that the park was federal property. It was hilarious to have Portland police approach and tell people they had to move themselves and their possessions off the sidewalk or be arrested.

The peace campers would then pick up their gear from the sidewalk, place it a couple of feet away in the grass of Terry Schrunk Plaza, and tell the police they no longer had jurisdiction. The process was reversed when the Homeland Security officers came and told people to remove their stuff from the park.

Good times.

This gasbag is the worst of the worst Limo Liberal ever to trod the planet. I loathe this so-called man. What a joke.

Michael Moore is second only to Al Gore in monetizing progressive causes.

He is definitely in the one percent. If we are going to eat the rich, Michael Moore could feed a village.

I'ts "Lord Sith Diiiiimooooohn". Breathier.

Michael more and more and more. Capitalism is bad, so don't bother buying any of his s*** - figuratively or literally.

From a bumper sticker seen in Los Vegas.
If I had a dollar for every time Capitalism was blamed for problems caused by government, I’d be a fat film maker with a baseball cap

Michael Moore

I'm assuming that Michael Moore didn't ride an American made bicycle, or walk to Portland, so which big businesses did he support (he even admitted he's part of the 1%) to get here?

Amtrak - big government that only one in one hundred Americans (statistically) uses.

Airline - gee, name your big business there; did he at least support Boeing and its American, unionized workforce, or Airbus?

Car - what kind of car, what brand of gas?

Private jet - can you say one-percenter any more loudly and clearly?

I hope the Occupy people see through 1% Michael Moore and occupy him out of town...and then maybe head down to Hollywood or whereever he lives, and occupies his 1% house.

So, what, does the 1st amendment not count if you're on federally owned land for some reason? Is "federal" a scary word now?

Dimon stops first in Seattle, at UW, on Wednesday:

"The JP Morgan Chase CEO will visit Seattle Wednesday to attend the University of Washington’s 'Business Leadership Celebration,' and Occupy Seattle protesters have big plans for the event."
http://blog.seattlepi.com/thebigblog/2011/10/30/occupy-seattle-to-greet-chases-jamie-dimon/?gta=commentform#commentform

A commenter on a financial message board notes:

"Chase pays no state taxes on its in-state mortgage interest income because of [sic] a loophole was created for WAMU because it was a state bank. When the economy and the housing marketed crashed and bankrupted WAMU, Chase bought out WAMU and has now been 'grandfathered' in under these tax breaks intended for state banks. If Chase did pay their fair share of taxes it would add nearly $100 million per year to Washington State’s budget."

Actually, WaMu's parent company, WMI, filed for bankruptcy protection the day after the Thursday evening seizure of WaMu by OTS, at the insistence of Sheila Bair's FDIC in apparent collusion with JPM's Dimon. WaMu was solvent when it was seized. Perhaps someone else can confirm the tax break JPM has obtained on in-state mortgage interest income?

Michael Moore says Portland's is the largest occupation he's seen. He calls it the "seat of our new democracy."

Man. The largest occupation I've seen is in Moore's hoodie.

A number of commenters here who have attacked Michael Moore for making money honestly might recall that, among other revelations, he gave Citigroup's plutonomy memos the widespread distribution they deserve. Remember? Start here:
http://maximinlaw.files.wordpress.com/2010/04/6674229-citigroup-mar-5-2006-plutonomy-report-part-2-1-1.pdf

P.10 includes this observation, under "Risks -- What Could Go Wrong?":

"Our whole plutonomy thesis is based on the idea that the rich will keep getting richer. This thesis is not without risks. For example, a policy error leading to asset deflation, would likely damage plutonomy. Furthermore, the rising wealth gap between the rich and poor will probably at some point lead to a political backlash. Whilst the rich are getting a greater share of the wealth, and the poor a lesser share, political enfrachisement [sic] remains as was [sic] -- one person, one vote (in the plutonomies). At some point it is likely that labor will fight back against the rising profit share of the rich and there will be a political backlash against the rising wealth of the rich."

Ajay Kapur authored the memos a couple of years prior to Henry Merritt "Hank" Paulson, Jr's bailout of Citigroup with billions of taxpayer dollars. And before the FDIC's Sheila Bair attempted to shore up Citi with the gift of Wachovia.

Mr Moore does not hide the fact that he and those working with him have benefitted substantially from the success of their films, including "Capitalism: A Love Story"; indeed, he has been very generous in sharing the monies he has earned with those who are trying to effect the changes he has suggested need be made. (I have never met the man nor benefitted monetarily from his wealth.)

Perhaps those who criticize Mr Moore could redirect some of their animus toward Jamie Dimon, who has contributed so heavily to the demise of Bear Stearns, Lehman ("a mistake"), WaMu ("a mistake" and a $307B theft), and public confidence in the financial system?

Menefree, can you cite disbursements Moore has made of his own personal wealth or under his direct control? And a list of contributions made and to whom. And percentage of his total wealth, personally and what he may control or partially control.

And how would it compare to Gates, Buffett, or Paul Allen? Both percentages of wealth and amount?

lw,

Perhaps you should inquire of Mr Moore directly. Otherwise, discover a life for yourself.

"indeed, he has been very generous in sharing the monies he has earned with those who are trying to effect the changes he has suggested need be made."

Darn, and I was so looking forward to the proof of the assertion. Oh, well.

Though it's his own word about it - and I doubt that those who would fling such ad hominem attacks would accept the man at his word - here's proof, of a sort:

http://www.truth-out.org/life-among-one-percent/1319810179

It's not his tax returns or a detailed financial analysis as some here seem to require, but I don't think Moore would get very far making these claims if they were not true. That is, I'm sure someone would jump all over it in a heartbeat if there were evidence he was lying.


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