Occupy Wall Street Movement has Created Jobs
Especially in the private security industry. Along with the unimaginable wealth and splendor comes the paranoia. Protect me from the riffraff! And as the linked article says, “as the mood on Main Street turns increasingly hostile, New York's financial titans are cranking their security measures up to 11.”
A cofounder of Risk Control Strategies said “We expect to more than double our revenue in New York this year.” Another firm, Insite Security, has received dozens of calls since the Occupy Wall Street protests began.
That’s more new jobs than the GOP — the “Party of Jobs” — has created.
The executive protection industry, as it’s called now, has already been extremely lucrative ever since the 2008 Wall Street meltdown. Gee, I wonder why.
One of Risk Control Strategies’ newest clients is a bank chief financial officer who received an anonymous e-mail message saying: “You filled your pockets, and now I'm going to fill mine, starting with your family.”
A security firm CEO — and former Secret Service agent — said:
“If Zuccotti Park is tapping into resentment against wealthy people, that really changes the calculus. It's not that far of a connection between what's happening now in that park and a more focused, research-based kind of attack.”
Squirm, Motherfuckers.
Labels: executive protection industry, Insite Security, Occupy Wall Street, Risk Control Strategies, Wall Street private security, Zucotti Park
posted by Tom Harper @ 1:51 PM
7 Comments:
And the delicious irony is that who do they have to choose from as security guards? It's nobody from their elite 1%.
Demeur, that's why they are doomed, unless they reform. They're going to have to rely on a socioeconomic class they've persecuted for 30 years for their protection, and that simply does not work. This ain't China, where the Chinese were able to being up tens of thousands of people who didn't even speak the local dialect to deal with Tienanmen Square.
The title is a bit misleading. I'm getting the same thing on my Security Industry Bulletins. This usually happens as a direct effect of bad economic times. high unemployment and the general anger at people prospering on their taxpayer dime while they go without.
I've done some executive protection - mostly in home alarm systems and other home additions like higher fencing - I was never a body guard. When the Pharmaceutical company I worked for lied about the testing of it's drugs and people got severally disabled and/or died - the executives got scared. Many who retired have it written in their contracts that the Security will continue.
These firms mentioned are elite firms, not the uniformed guard in the lobby. OWS has very little to do with this.
OH!
Erik
Demeur: That's right, they have to count on those lowly 99 percenters to protect them.
JR: This is exactly how the Shah of Iran lost his grip in the late '70s. As all-powerful as he was, his elite military units no longer supported him, and the average soldier and policeman had more affinity with the radical Muslims and leftwing students who wanted the Shah out. He knew he'd be overthrown if he didn't flee the country.
Erik: Interesting inside story about the pharmaceutical industry and their VIPs.
These private security agents aren't street cops or anything, but they're still not one-percenters by any means. I doubt if they have much empathy for multi-millionaires who "earned" their money by playing with other people's money and then getting bailed out by the government when their gambling schemes backfired.
And it only cost the taxpayers hundreds of thousands in overtime pay!
ITs easy to create jobs. Pass a law that everyone has to wear a helmet if they do anything. Viola! We just created a bunch of jobs with no taxes, except for the enforcement, accounting, consumer costs... etc.
Check this out just for Godwins Law on steroids. youtube.com/watch?v=veGO0P0LBrw
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