There seems to be a general consensus about the protesters, that they're disorganized, aimless and don't have a point. And that's probably why the president now sees something kindred in them. Because, except for the fact that he's given his staff jobs, and paying them well, they're doing exactly the thing: wandering around in circles looking for someone to blame for their helplessness and lack of worth.
However, whether those protesting -as opposed to the hundreds who've shown up to listen to the music and party since they've nothing better to do- know it or not, they really do have a beef. The only problem is, they're gathering in the wrong place and have picked the wrong target.
Because while there's no doubt that Wall Streeter's abuse the system here and there, that's simply a trait of a free enterprise system. Some folks will take advantage wherever they can. But on balance, investors do a pretty good job and financially grease the wheels that keep the economy humming.
But far worse than anything the Wall Streeter's have done, it was the administration that stepped in and kept the free market from working as it should. White Houser's decided to pump out almost a trillion dollars of tax-payer funds to keep big banks afloat that should have been sunk. Business bailouts too, like GM and Chrysler, were uncalled for and the government should have stepped back and said no. And, today they want to do it all over again, wishing to mis-apply another $400 billion.
So, for starters there's over a trillion dollars that could have stayed in tax-payers pockets, or not been added to the national debt. And somehow or other that money would have reached the free market, it always does. And that would have provided more far-reaching stimulus.
Thus, when you consider the colossal mis-use of funds, and add it to other fiasco's like Solyndra where no one even knows where half a billion went, you begin to grasp the fact that it's not Wall Street but Pennsylvania Avenue where the protesters should line up.
However, in a population watered down educationally for generations, few in the crowd if any, knows anything about how business or economics works. Nonetheless if I had to bet on which side survives this dust-up, the protesters in the park or those in the towers up the block, I'll put my money on Goldman-Sachs.
That's it for today folks.
Adios
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