I do not advocate or want to the wealthy to suffer. I question why my money market account earns barely 1% and the current rate to loan my money to others is ten times that rate. I wonder why banks and bankers use my money to 'earn' income which they may use to pay country club dues, mooring/docking fees for their vessels and donate to elect officials to make laws which benefit them at my expense.
I believe until we address income inequality the thing most feared by conservatives will grow. OWS has far surpassed the tea party movement, people get it. And the radical elements on the left are already beginning to exploit the movement. What most who protest want is reform, not revolution. But, unless common sense prevails, we are in for interesting times. A little reading of the history of labor in America might do the hard line and callous conservatives some good.
If one is unhappy with his or her investment strategy, it would behoove said person to find alternate venues, versus calling on the federal government to protect one from poor choices made.
Wry, you seriously believe it has somehow surpassed the Tea Party? You clearly haven't a clue here either. They haven't for reasons you haven't grasped and as long as this is what they choose to do they will NEVER surpass the influence of the Tea Party either. Squatting and shitting in public doesn't amount to DOING something! It won't put a single candidate on the ballot, it won't result in any legislation or any initiative. These people don't even agree on why they showed up! They aren't interested in working toward their goals within the system -they want to tear the system DOWN! Once that becomes more widely understood -as it is rapidly becoming in light of the increasing violence -support will evaporate. This is why it has not and will not surpass the Tea Party -it isn't a POLITICAL movement and the Tea Party is. These people can't string two coherent sentences together, much less give a definitive explanation of what they hope to achieve. The majority of people there, when able to give a reasonably coherent response -don't talk about "income inequality" and WTF does "income inequality" really mean to YOU anyway? That's what YOU think it should be about but that isn't what they are telling reporters when they can get out a few connected words. Are you under the impression all people work equally hard? They all bring equal amounts of drive, ambition, creativity and innovation to their jobs? Or just that no matter what, they should all receive about the same amount of money anyway and totally divorce pay from what someone puts into their work? Do you realize the wealthy work an average 70 hour work week? Think that mentality has anything to do with their success -while people like you want to see a 32 hour work week. Whose problem is it to fix? Government's? What percentage of the people do you seriously believe "income inequality" is the real problem in this country and if that were just "fixed" somehow, this would be paradise on earth? Because the vast majority of Americans OPPOSE government redistribution of wealth away from those who created and earned it -to those who didn't! Just in case you didn't know that. That is NO American value WHATSOEVER! Land of the "free" until you are successful when others swoop in to lay claim to the fruits of your labor? When government lays claim to the fruits of your labor, insisting it belongs to it first -then there is no freedom. And leftwing extremists LIKE YOU, if you really HEAR what they are saying, actually despise freedom. If you want to lay claim to the fruits of someone's labor and insist it belongs to government first, then you are advocating that people willing enslave themselves to their own creation and exist as its slave and state owned PROPERTY. And then insist this actually benefits the human condition when history has done nothing but REPEATEDLY proven what a dangerous and even murderous lie this is! I find people like you to be among the most ignorant of all, especially of history and its real lessons -doomed to insist we just keep repeating the mistakes of the past over and over and over again no matter how many millions will suffer for YOUR ignorance! Government makes a bad and dangerous master but there is never a shortage of people like you who insist we become its slave anyway.
People who yammer about this are incredibly ignorant about history and what REALLY happens in class warfare. Who do you really think wins a class warfare? Hmm? Because it isn't poor people who inevitably end up even worse off than before. We don't have hardened, locked in economic classes -and in fact nearly nbone of those who are among the top 10% income earners in any given year are there even ten years later. Who is among the bottom is equally fluid and movement there is even faster -the vast majority of those who are "poor" in this country have moved into the middle class in less than 8 years. Any clue what the average age of the average "poor" person is in this country -and why they are poor at that moment? More than a quarter of the poor are actually college students and their poverty is not only an expected condition -but accepted by them as a temporary one. We have THE most fluid economic classes in the world! It is harder to KEEP wealth than it is to earn it in this country. Any clue why it IS so fluid? Want to change it to imitate that of another nation where if you are poor you are likely going to remain poor all your life or what? You talk like you seriously believe both wealth and poverty are permanent conditions when they provably are NOT -especially not in THIS country. You sound like you think it is 1917 Russia or something -on top of sounding incredibly ARROGANT and NAIVE. You act as if we have a landed gentry in this country where the poor is a constant, unmoving class which is provably a LIE.
BTW -learn the facts. Your money market account is earning only 1% because the Federal Reserve -which should be banned -has kept interest rates at historic lows. And when it is loaned out it is only 3.75 - 4 times that amount, not 10. The interest rate on loans is directly tied to that prime interest rate as well and determined by the Federal Reserve -NOT the lending institutions! In case you really didn't know that.
The Tea Party knows what they intend to achieve -and they know how to do it and they ARE influencing the outcome right now. these people aren't because they have zero impact on any political party who are even now backing away from them as fast as they can. The squatters aren't DOING anything except being there -and increasingly become violent
just as so many predicted they would. Massive loss of support once they do that -and it has happened and increasing. These are spoiled temper tantrum throwing immature people and poor quality citizen no different from the violent, temper tantrum throwing poor quality citizens of Greece who did the same thing. Sorry, but real change won't from out outside the system -and these people are outside the system with no desire to work within it. They want to bring the system down. Ain't gonna happen.