‘Occupy Wall Street’ Tax Proposal Is Backed By Wall Street Itself

October 3rd, 2011

FAKE NEWS for the Zionist agenda

The “Buffett tax rule” being promoted by Occupy Wall Street protesters is exactly what the Wall Street-owned Obama administration wants

Paul Joseph Watson
Infowars.com
Monday, October 3, 2011

There’s no better way of deciding an outcome than owning both sides of the debate. That’s why the Wall Street-owned Obama administration must be licking its lips at the fact that ‘Occupy Wall Street’ protesters have been conned into advocating new tax policies backed by billionaires like Warren Buffett and Bill Gates that will do nothing to touch Wall Street, but everything to sink what’s left of the American middle class.

The Occupy Wall Street protesters are campaigning for the Obama administration to “Pass the Buffett Rule on fair taxation, so the rich pay their fair share.” This demand is posted on their own website. The campaigners are demanding that the US Congress pass a bill backed by the Obama administration, which is comprised of Wall Street operatives and is a creature of Wall Street.

Do you see the dichotomy here?

The protesters are pushing for a new tax rule which is supported by the Wall Street-owned Obama administration, therefore the demonstrators are unwittingly doing the bidding of Wall Street itself.

The “Buffett tax rule” will do virtually nothing to make the ‘filthy rich pay their share’ – it will only raise taxes for middle class Americans and middle class businesses.

As the Wall Street Journal reports, “Roughly 90% of the tax filers who would pay more under Mr. Obama’s plan aren’t millionaires, and 99.99% aren’t billionaires.” It is the middle class – not Warren Buffett or Wall Street corporations – who will be most hurt by the very policies the ‘Occupy Wall Street’ crowd are calling for.

Warren Buffett’s Berkshire Hathaway still owes taxes from 10 years ago. Buffet is the ultimate Wall Street insider – he is the third wealthiest person on the planet. Buffet avoids billions in taxes because most of his interests are based offshore. Indeed, most top corporations pay virtually no income tax, not because of any law that isn’t in place, but because they have parked most of their wealth in offshore tax havens.

A d v e r t i s e m e n t

Buffett, aided by the Occupy Wall Street protesters who amplify his message, is volunteering the middle class, not himself, for a tax increase, that’s why the Wall Street-owned Obama administration is fully on board with the idea.

“No differences exist between the Obama administration and billionaire investor Warren Buffett on the principles of a White House tax proposal that bears his name, Jay Carney, President Barack Obama’s spokesman,” told Bloomberg.

The Buffett tax plan is also being backed by multi-billionaire Microsoft honcho Bill Gates, who like Buffett advocates a proposal that would hit the middle class with tax hikes while his own company avoids paying billions in taxes through its offshore subsidiaries.

The protesters are also demanding the passage of the Tobin Tax, which is a tax on all financial transactions. Again, this will simply be passed on to consumers by large corporations, it will not touch Wall Street. The Tobin Tax will only hurt the poor and middle class and will do nothing to reign in the multinationals.

Bearing all this in mind is it any wonder that MoveOn.org, the Democratic front organization that aggressively lobbied in support of the Obama campaign in 2008 and went on to become a primary advocate for his administration’s policies, is now moving to steer the Occupy Wall Street movement?

How do we reconcile the fact that an organization which vehemently backed a Wall Street creation, the Obama campaign, which was aided with almost $2 million dollars in campaign contributions from Goldman Sachs and JP Morgan Chase, is now posturing as an advocate for anti-Wall Street protests?

None of this is to say that the thousands of Occupy Wall Street protesters aren’t genuine activists who are trying to be a force for positive change. The problem is that their self-appointed leaders are completely in league with the very Wall Street interests the protesters are supposedly there to oppose.

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Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.

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Comment Rules

20 Responses to “‘Occupy Wall Street’ Tax Proposal Is Backed By Wall Street Itself”

DOWN WITH CHRISTIANS ZIONISTS AND ALL THEIR WHITE TRASH AMERICAN FOLLOWERS IN THIS COUNTRY.
.

THE BIBLE BELT IS THE EVIL WAR MONGERING DUNKIN FATASS DONUT EATING SHIT BRAINS THAT SHIT ON AMERICAN AND JESUS’S ORIGINAL MESSAGE!

FUCK THE RELIGIOUS RIGHT BECAUSE IT HAS BEEN INFILTRATED BY ZIONISTS!

………….AND STUPID LAZY WHITE TRASH BIGOTS.

…….. YOU SUCK!

…………AND THE BIBLE BELT AREA; ARE THE BIGGEST SELLOUTS TO MONSANTO!

YOU FUCKING LOSERS!

HEARTLAND IS THE DUMBLAND!
Yes ive seen the disgusting pictures of buffet getting that medal, I threw up a little bit in my mouth.
Morgan Stanley and Bank of America stocks are dropping now near all time lows!
- THERE IS CURRENTLY A BANK RUN STARTING. sorry for yelling but all the patriots need to be warned. PULL YOUR MONEY OUT NOW, do not wait. Run do not walk. GO NOW. PULL YOUR CASH AND BUY PM. YOU HAVE 2-3 DAYS GO NOW.
- Bastards are gonna need a baiout before the end of the year.
OWS should have at least 10 point of restoration
-Bring back Glass-Steagall
-Audit the Fed, Nationalize the Fed (this is the END THE FED movement)
-End corporate personhood (which stops campaign contributions)
-Allow for the discharge of student loan debt in bankruptcy proceeding (which was conveniently changed under Bush)
-Wallstreet Tobin Tax (a tax on speculation)
-Rescind the ‘Bailouts’ (allow the too big, to actually fail)
-Stop fraudulent foreclosure (banks are supposed to refund the principal that you have paid, while the bank gets to keep the interest, and sells off the house into the marketplace. They don’t do that.)
-End NAFTA/GATT and any other ‘free trade’ agreements (end Globalization)
-Stop funding the UN, Evict the UN from the US
-Bring back tariffs (this perversion of ‘free trade’ is a race to the bottom, it makes everything equal by reducing the American standard of living by 80%, and raises the rest of the world by 0.8%)
Is Buffett -fu**ing – taxes a swindle???????? WTF?? People have been suckered one more time.
why does this article not mention a full list of the demands?
there is more than one. when you you fucking super sheep open your eyes and see that this is a global movement not just america and it very much is to attack wall street as well as the fed. if you think there is an attempt to highjack it then wewhat arte you doing sitting at your computer, get your lazy down there and help them prevent it if this is what you believe, why are you not there? where is alex and hi bullhorn? if you believe this nonsense then get down there to educate the protesters, they are busy marching in front of wall street, go look at the list of demands they have not just one of them.
- what is it you are trying to do? what do you want here? do you want everyone to go home, wait 15 months and vote for ron paul if he is even on the ballot?
  this is our chance to fight this battle in a peacefull way.
- What are these so called demands?
  Is there a consistent theme to their ‘demands’, liberty freedom, rule of law.
Stupid,
Even if they let the vote be counted and he wins, they will just kill him.
He is impecable but they won’t let him win!
what we need is 513 more Ron’s a Dennis’s IN CONGRESS!
NOT ONE GUY!

END THE FED?
END THE REPUBLICAN AND DEMOCRATIC PARTIES!
VOTE FOR CONSTITUTIONALISTS

U.S. CONSTITUTION PARTY

THINK ,DUH

WANT MORE OF THE SAME SHIT IN THE NEXT FOUR YEARS??

VOTE RON PAUL!

WANT REAL CHANGE??

VOTE INDEPENDENT OF THE “PARTY”

GET THE PIGS OUT OF WASHINGTON!
Wow, Infowars needs a link to this story. From Real Clear Politics: BET founder Robert Johnson on the “FOX News Sunday” program: “Well, I think the president has to recalibrate his message. You don’t get people to like you by attacking them or demeaning their success. You know, I grew up in a family of 10 kids, first one to go to college, and I’ve earned my success. I’ve earned my right to fly private if I choose to do so.

“And by attacking me it is not going to convince me that I should take a bigger hit because I happen to be wealthy. You know, it is the old — I think Ted and Fred and I we both sort of take the old Ethel Merman approach to life. I’ve tried poor and I tried rich and I like rich better. It doesn’t mean that I am a bad guy.

“I didn’t go in to business to create a public policy success for either party, Republican or Democrat. I went in business to create jobs and opportunity, create opportunity, create value for myself and my investors. And that’s what the president should be praising, not demagoguing us simply because Warren Buffet says he pays more than his secretary. He should pay the secretary more and she will pay more.”
- “[I worship Mammon and perpetuate wage-slavery, it doesn’t mean I’m a bad guy.]” BET founder Robert Johnson
Bernake points towards broadening the tax base, (Bilderberg) privatization of public assets, (Bilderberg) deregulation, liberalization of (Bilderberg) trade.

Speech by Mr Ben S Bernanke, Chairman of the Board of Governors of the Federal Reserve System, at the Cleveland Clinic “Ideas for Tomorrow” Series, Cleveland, Ohio, 28 September 2011

“A classic attempt to generalize about the policies that best promote economic growth and development, and a useful starting point for discussion, is the so-called Washington Consensus, articulated by the economist John Williamson in 1990. Writing about Latin America, Williamson outlined a list of 10 broad policies to promote economic development that he judged as commanding, at the time he wrote, substantial support between both economists and policymakers. Because these views were influential at major institutions like the World Bank located in Washington, this set of policies was dubbed the Washington Consensus.

Williamson’s original list of recommendations can usefully be divided into three categories: first, steps to increase macroeconomic stability, such as reducing fiscal deficits (which had caused high inflation in many countries), broadening the tax base, and reallocating government resources to build human and physical capital; second, actions to increase the role of markets in the economy, such as privatization of public assets, appropriate deregulation, and the liberalization of trade, interest rates, and capital flows; and third, efforts to strengthen institutions that promote investment, business formation, and growth, particularly by enhancing property rights and the rule of law.”

bis.org/review/r110929a.pdf
Holy ****, on FoxNews they just said Occupy Wallstreet wants to end capatializm, they didn’t even mention the Federal Reserve. Anyone who doubts Alex will soon see. They are stealing the protest, soon the original protesters will be in jail while the Obama-slave Unions will control it.
- Another reason I don’t like protests. I think Infowars.com bumperstickers would be more effective.
- Holy mother!! I think they will make the Occupy Wall street communists by using F**king mass media. God damned!! People should know that mass media is fu**ed up.
Little do they know they are leading the middle class to the slaughter.
Alex is right “they” are attempting to hijack OWS for their own purpose just like the neocons attempted to hijack the Tea Party. The truth however is that insurections are rarely ideologically pure rather it is a comingaling of interests that come together to replace the existing order for their own purposes. Only in the third phase of insurection does a dominate ideology establish itself. On the other hand I haven’t heard anyone say they don’t support liberty, the Constitution or our Bill of Rights.
abolish the FED.
impeach Obama.
Arrest Goldman Sachs JP Morgan ceos, George Soros, Warren Buffet, Bill Gates.
no more money in politics.
declare war against the super mighty corrupted rulers Rothschild Rockefeller Jesuit banking families.