Occupy Money Cooperative - A new non-bank financial cooperative debit card thing

[LightRider]

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Occupy Money Cooperative
http://www.occupycooperative.com/

A VISA branded debit card for 99 cents a month.

I don't think they would be hostile to bitcoin.

I like how they have a guy from the Federal Reserve and the IMF on their Board though. That will make for some interesting discussion at voting time I hope.
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[infested999]

What is the point of the Occupy card? You can get a bank account with debit card for free at any bank.

[LightRider]

What is the point of the Occupy card? You can get a bank account with debit card for free at any bank.

I think it's so that they can get money out of the occupy crowd. Granted, it's not a lot of money, but it's definitely a group that might be ignorant of how a monetary system can't be fixed by engaging it on its own terms.

[LightRider]

Only 2000 people have signed up so far. Apparently it isn't just for US consumers? Or people abroad are confused.

[LightRider]

So I've been reading up on this Robert Hockett guy, and it is definitely not comforting. He essentially calls for a global fiat currency, blames monetary/government policy for unemployment (instead of technological unemployment, which is the real cause) and his pedigree is that of an IMF contractor who now writes for US policy think tanks. The page claims that he's been with the Occupy movement at the very beginning, but I seriously doubt that this guy is interested in solving economic problems, and is instead trying to profit off of and mislead the movement. I doubt he would be a big fan of bitcoin due to it's non-state affiliation and inherent deflationary properties. It's unfortunate that the Occupy Movement has not learned that the problems and injustices they fight against are inherent to the underlying monetary system they seem to be in favor of reforming.

[vokain]

So I've been reading up on this Robert Hockett guy, and it is definitely not comforting. He essentially calls for a global fiat currency, blames monetary/government policy for unemployment (instead of technological unemployment, which is the real cause) and his pedigree is that of an IMF contractor who now writes for US policy think tanks. The page claims that he's been with the Occupy movement at the very beginning, but I seriously doubt that this guy is interested in solving economic problems, and is instead trying to profit off of and mislead the movement. I doubt he would be a big fan of bitcoin due to it's non-state affiliation and inherent deflationary properties. It's unfortunate that the Occupy Movement has not learned that the problems and injustices they fight against are inherent to the underlying monetary system they seem to be in favor of reforming.

perhaps you should write him to consider how we see it, in a way that considers how he currently sees things what a terrible thing to let ignorance breed more ignorance
or perhaps he's COINTELPROing Occupy considering his pedigree, in which case...idk man. i read this occupy pamphlet that was passed to me by this old black man who didn't really seem like he knew what was going on anymore and was simply zombied out, and it was the most inane illegible nonsense. it was so bad it had to be a hit piece on the occupy movement. but who knows. i wish i still had a copy to share

see #2 http://en.wikipedia.org/wiki/COINTELPRO#Methods

[LightRider]

So I've been reading up on this Robert Hockett guy, and it is definitely not comforting. He essentially calls for a global fiat currency, blames monetary/government policy for unemployment (instead of technological unemployment, which is the real cause) and his pedigree is that of an IMF contractor who now writes for US policy think tanks. The page claims that he's been with the Occupy movement at the very beginning, but I seriously doubt that this guy is interested in solving economic problems, and is instead trying to profit off of and mislead the movement. I doubt he would be a big fan of bitcoin due to it's non-state affiliation and inherent deflationary properties. It's unfortunate that the Occupy Movement has not learned that the problems and injustices they fight against are inherent to the underlying monetary system they seem to be in favor of reforming.

perhaps you should write him to consider how we see it, in a way that considers how he currently sees things what a terrible thing to let ignorance breed more ignorance
or perhaps he's COINTELPROing Occupy considering his pedigree, in which case...idk man. i read this occupy pamphlet that was passed to me by this old black man who didn't really seem like he knew what was going on anymore and was simply zombied out, and it was the most inane illegible nonsense. it was so bad it had to be a hit piece on the occupy movement. but who knows. i wish i still had a copy to share

see #2 http://en.wikipedia.org/wiki/COINTELPRO#Methods

I would like to ask him directly, but I can't find a twitter account or any other social media information on this supposed "social movement" leader. I'm not really interested in emailing him directly.

[Voogru]

This is almost as funny as the 'occupy currency'.


http://www.youtube.com/watch?feature=player_embedded&v=hRIuCGqF40Y

[LightRider]

http://www.reddit.com/r/IAmA/comments/1jhqks/i_am_carne_ross_cofounder_of_the_occupy_money/

They're going to have an AMA on the reddits tomorrow, if anyone is interested. Bitcoin and the Hockett issue are the top two questions at the moment.

[LightRider]

Our critics have not answered the question: “What would you do instead?”

http://lareviewofbooks.org/interview/rebel-with-a-cause-an-interview-with-carne-ross-2/

Carne Ross, of the AMA Reddit thread, now states that no one has offered an alternative to the banking system we have now. Which is weird, because I personally have asked about and proposed working with bitcoin, a real life functioning alternative that people are using worldwide right now.