Skip to main content

Wake UP Mississippi PERS

Every now and then a reader sends information to me that I find useful. I am posting to my blog an update I got today from a reader. I am leaving out the reader's name for I do not have permission but will update with name once I have it. I find the information sent to me to be too important to keep to myself. This is an issue not just for Mississippi but across the nation. Mississippi is the economic poster child for Tea Party economics. We must do something now in Mississippi and across the nation to put life back into proper perceptive for 99% of Americans. Occupy. Occupy now. Sad little buried news items sent to me by a reader: To my fellow liberal mad woman in Mississippi, I came upon your blog on your Occupy night at Smith Park and noticed your comment on PERS. Though certainly not my only reason for supporting the movement, I do consider PERS to be revelant to OWS. You list the cutting of benefits by Boss Hog Barbour and we are in total agreement on that. However, there's another PERS/OWS issue at stake and wanted to know if you were aware of it. This past June, PERS of Ms(primary plaintiff) along with four other pension funds, filed a lawsuit against Merrill Lynch (now a subsidiary of Bank of America) for allegedly selling them 16.5 billion dollars of toxic mortgage backed security(MBS) certificates. If one assumes that PERS has an 20% equal share in the lawsuit, that's 3.3 billion dollars that Merrill Lynch stole from over 244,000 Mississippians. Keep in mind that $3.3 billion is over 8% of the total assets in the PERS fund ($36 billion). It's not in the MSM much, but bank settlement talks have been going on for months with all 50 state's attorney generals (see article: The Next Big Bank Bailout http://www.rollingstone.com/politics/blogs/taibblog/attorneys-general-settlement-the-next-big-bank-bailout-20111005) To condense, the AGs are contemplating ONLY fining ALL of the big banks COMBINED a fine of just 20 billion dollars. That's not much more than the PERS lawsuit alone!!! Personally speaking, if this isn't a Occupy Mississippi issue, I don't know what is! PERS members represent over 8% of the state's total population. It makes me wonder how many members are aware of this lawsuit. And how many would show up at Smith Park to protest, if only over this one issue. I wrote a long letter about this to one of the primary Occupy Ms organizers and got no response. Am I missing something here? PERS is not a union or political party, so I don't understand why this member chose to dismiss the information. Does this info outrage you as much as it does me? Let's face it. The vast majority of Mississippians are conservative (i.e. ignorant sheeple voting against their own self interests) and would never politically support the Occupy movement, even if there was a personal issue at stake. BUT, if OM could get just 0.5% interested and involved, that's over 1,200 people. Curious for your opinion, XXXXXX XXXXXXX Brandon, MS

Comments

Popular posts from this blog

Black Lightning is more than ready for prime time

Black Lightning It is finally here.   I do mean finally for I have been waiting for seems to be ages (1977).   I am calling for a second season having only watched the first two episodes.   I am not sure of the level of involvement Tony Isabella & Trevor Von Eeden in the production of each episode.     The first two I enjoyed, did I say that already?   The first two episodes seems to have been packed with every issue seen in mainstream media and think pieces regarding the Black community.   This posting is not a think piece. It is my piss piece.   Before I touch on the piss, thanks, many thanks, to Salim and Mara Akil for making it happen. Black Lighting   opens with a Black parent, once again, having to bail a child out of jail for exercising his/her right of protest in the USA. We need to question why peaceful protests with no guns see protestors arrested. Please do not take I am saying people of color should have guns at protest marches.   We would be shot before the

White Boys Whine

Quick  and dirty   Star Trek  Discovery  is everything  I  thought  it would  be.  It is my hope the White  boys  chill the fuck out .  There will be a White male captain .   The Black  woman  will be of a lowered  status.  White  boys  are you appeased ? My personal  view fuck White  boys who had their dicks in a vise  over women  of color  at the helm of a fictional  space vessel.  I shall watch  Star Trek  Discovery .  I shall pay the fee to CBS Access  with joy. If you wanted to watch OITNB you paid  Netflix . Overall  I look  forward  to the day a fictional  show  that features  women  of color  in prominent  positions  doesn't  freak out White males.  They were  so freaked  out  they compared  The Orville  to Star Trek  Discovery .  Guys chill out ,  future  happens . 

OWS dead? Again?

I am so angry at this moment I cannot type straight. http://townhall.com/columnists/susanbrown/2011/11/30/we_are_not_the_99_percent/page/full/ I am sick of false stories planted in the media to kill a real people's movement (OWS). OWS is not dead nor is it dying. Please read the article. We must get more real stories into the media about Occupy. This woman has not been to Occupy she is only repeating a lie created in the MSM to kill Occupy. The people of Occupy are too busy attempting to make a change to think of orgy and the like. MSM is being irresponsible to all at Occupy as Occupiers. There are those at Occupy camps who are not Occupiers but people intent on killing the movement by any means necessary. Please spread the good of Occupy. We must be the media until the media reports truth.