The Occupy Wall Street demonstration is the outrage the majority of the public feels about the system under which the capitalist has managed to change things in his or her favor.
The system allows capitalism so much leeway, and so it plays out as being discriminatory in the real world. It has been a game for many, many years; but it is dramatically becoming an UNFAIR one.
It does not have to be a game, but corporations and banks that have more money than the Federal Reserve are concealing the hordes of millions, if not trillions, of dollars that can be used in lending to businesses that are poised for improvement.
They are hoarding the money and making interests for themselves via huge salaries and bonuses; and what makes it insidious, if not criminal, is that all is hidden from the common man in the street.
The central point of this horrendous pastime is Wall Street; hence, the demonstration there in New York City. For there is no other way to draw attention to what the CEOs and bankers are doing, because of the concealment of their activities behind those thick walls; plus the security that the government offers them and also the protection they receive from local government law enforcement agencies.
The result of the activities behind closed doors there is what is causing poverty in the United States; and thus making unemployment to become a serious problem.
Unlike Europe, laziness is not rampant in the U.S., so, why the sour economy, particularly in recent years?
That is for just one reason, which is that the present Wall Street game has intensified. It has created an elite group in America that every person leaving college wants to join.
If there ever will be a class warfare in the U.S., that will be the background of it; the imbalance environment, and the permissiveness of it, is being manifested in the minds of people that circumstances within the financial world are not conducive to the public good.
The tactics of the game players and their underhandedness, are placing those on the outside, who do not know how to play, in financial jeopardy.
In other words, these big corporations, banks and financial institutions are only thinking about themselves and their families, while others are going hungry and cannot afford to pay their mortgages or even the rent. Poverty has itself been transformed into a separate societal institution; with low or never increasing pay checks for people who go to work everyday.
At the same time, the cost of living is going up, while it has become common knowledge that the bankers and their cronies are getting better off, and the only way economic conditions can change is to get these people sitting on trillions of dollars to release those amounts for competent and reliable businesses to be emboldened; to start expanding, and to hire people and put the economy back on track in the U.S.
Again, as far as Europe is concerned, what the economies of individual countries are doing stem from the social class system that has been in existence there for centuries, going back to the days of feudalism.
Their economies have entangled the U.S. economy through global financial markets; and whatever downturn happens there, the effect of it becomes widespread and impact the rest of the world. As the U.S. being the largest in the overall economic pattern, it is affected more severely.
However, the buffer is the financial institutions here making use of all the monies idly stored in vaults and starving industries of all kinds, small businesses and manufacturing companies, of the capital investments they need to grow; and that will turn things around.
The outcry of Occupy Wall Street is bound to spread, not because someone has said something to encourage what is obviously an unlawful assembly; but it is the only recourse that the common man in the street can utilize to vent out the enormous outrage that society as a whole feels.
A few people are controlling almost everything, and others are going to bed hungry every night, with their families, to boot.
The government cannot do anything now; The U.S. Congress cannot do anything now. The only entities having to shoulder the problem are the local authorities, because the goings on in Wall Street is engulfing the nation, and it is depleting their emergency budgets.
However, who is finally to pay? The tax payer, of course. So, start thinking, people. Or, the unusual occupancy of Wall Street will continue to be troublesome.
Saturday, October 8, 2011
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The same demonstrations are taking place in Ireland. This is just the beginning. My opinion is that seeds are now planted for a giant transformation what that will be I do not know. What if someone established a bank based on truth and fairness. Would they have customers?
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