Occupy protests flaring up across US
Locatestock.com CEO John Tabacco weighs in
- Duration 4:24
- Date May 1, 2012
Locatestock.com CEO John Tabacco weighs in
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Well in this environment it is getting ugly out there -- -- ago -- occupies across the country.
This video coming into -- moments ago from Oakland.
One of the protesters big rides big banks but they might want to be very careful what they Winston were reports out today the Bank of America.
Want to get rid of 2000 more workers John tobacco has been telling these protesters from the start.
Start occupying a job.
And even offered them -- -- -- that go.
From my perspective -- very successful day when we held the occupy a desk job fast.
We accomplished what when your brother went out my brother and I went out there and we had ten small companies that had job opportunities and not I think -- -- fantastic because the point we were really trying to prove was.
Hey you guys are complaining about income inequality guys complaining about lack of jobs out there for college students.
We're gonna bring a whole bunch of jobs right to you being that you're occupying and you can't get out there and interview will bring some jobs right to the talk.
The point we want to make was evil we bring the jobs right into their own kitchen they scattered -- and not after the -- -- it was time.
-- always hard we did have a few.
Not occupiers but a few other people who came down and they did get interviews and I haven't followed up on whether or not they got -- but.
The main thing was on the -- your friends are here on this -- -- did I -- a woman that's right and you know I've been downs and cutting talk I've been.
Getting involved in talking to people trying to figure out of the message is -- real message as some of the people down there.
Have a good sense they have a good message.
But if you ask me -- what started that is a good energetic organic movement has changed in to a fragmented and kind of message that's been hijacked by the left.
No I agree that's all over the map -- and you argued in the beginning when they were saying.
Okay good that these institutions that are too big presumably to fail big banks and world will always -- him that was -- sound when you believe that.
But then it became sort of like cooperate.
You know I believe that what started out as -- too big to fail message was a great message.
But the idea was they took this movement that had a great deal of energy that a whole bunch of kind of intellectual people behind it that were organizing it.
And rather than focus it in -- beer and pointed at.
Federal policies that was supporting too big to fail.
They let -- get fragmented and what they really should be talking about his.
Changing the federal policies and help in the small businessman because large banks and large institutions can go to Uncle Sam and borrow money for zero.
But small businessmen like myself if we go into the bank try to get a small business loan.
We can't get one you know and whether people that are creating jobs.
All right -- it was relatively common New York -- been thus far today not so in Oakland San Francisco.
Some of these places but a lot of people say we are going to see if French revolution's ideals.
In this country in other words what's going greens and -- -- Portugal it's coming to -- does that as one of the zero point one of 1% news.
-- that word.
Well -- zero point one than yours and all of them that -- above -- zero in them but.
It doesn't worry me in fact when I look at the movement and where it is today -- I feel like.
The whole movement is now blown up in their face like one of those tricks a -- and the Bugs Bunny cartoons.
Because what they're out they're doing is they're creating negative sentiment against the banks -- rescue people not to do business with the banks and like you said your opening BankAmerica announced today that they cutting 2000 jobs.
Most of those jobs that are being cut -- mid level positions and those mid level positions of people that are in the 99%.
So their efforts have actually turn the gun back in themselves and they kind of shoot themselves in the foot because.
The more they hurt the banks and the financial institutions the more these banks and institutions have to cut jobs and most of the jobs that are getting cut our.
-- -- -- -- and one -- the gutsy as things I'd ever see -- Oprah does movement was you when your brother stepping out in the middle is strong.
Very Nancy often violent folks and saying.
Come on up -- taken to keeps its.
Well partly your brother's going to be on with me tonight.
Yep I can't wait to see him it's his first time on Fox Business go easy on -- tea that day when we stepped out there.
The good men and women of the NYPD was standing -- upon us and -- get a minute.
I wouldn't have come out the -- had been all right -- -- -- -- -- and -- remember this.