Don’t let the protesters Occupy Middle Class Frustration

Newt Gingrich made headlines at Tuesday night’s GOP presidential debate for saying he’d fire the Federal Reserve chairman and jail a pair of lawmakers for their role in the financial crisis. But, just before that, he made an important point about the “Occupy Wall Street” protests.

“I think the people who are protesting on Wall Street break into two groups,” the former Georgia congressman said. “One is left-wing agitators who would be happy to show up next week on any other topic, and the other is sincere middle-class people, who frankly are very close to the tea party people in actually caring.”

We on the right need to recognize such a distinction if we’re to avoid the same mistake the left made about the early tea partyers: Branding the entire group as a bunch of cranks.

“Cranks,” of course, doesn’t begin to cover the inanity of those OWS folks who have suggested such remedies as granting a “living wage” of at least $20 an hour to everyone, employed or not. (During the course of a year, that nearly equals the U.S. median household income. For not working.) Or my personal favorite: Forgiving all $65 trillion in debts world-wide, whether in default or not.

Yes, if you want to ridicule the OWS crowd, they’ll give you plenty of material. The fact that OWS organizers felt the need to put a disclaimer atop this list of proposals by a “single user” underscores the threat posed by letting the craziest elements of a nascent group become its faces or voices.

But as Gingrich pointed out, the jokes about professional protesters, or Ivy League art history grads with $100,000 in debt but no job prospects, only go so far.

There are lots of Americans who thought they’d played by the rules their whole lives. They finished high school, maybe even college. They saved some money, bought a house and paid the mortgage every month. They worked hard every day and tried to raise their kids to be good citizens. They voted.

Then, due to forces beyond their control, they lost it all, or much of it. And watched as others were bailed out.

Maybe those others were banks. Maybe they were GM and Chrysler workers. Maybe they were liar-loan borrowers who bought more house than they could afford — bailouts for whom were the specific impetus for the modern-day use of “tea party” for a political movement, by CNBC’s Rick Santelli.

Thirty-two months after Santelli’s rant, the concerns of frustrated Americans who tried to play by the rules haven’t been addressed.

Washington’s efforts consist of a tax cut of less than $8 per worker per week called, not ironically, “Making Work Pay” and a payroll tax holiday that amounts to $19 a week for a household earning the median income.

Oh, and there’s also the institutionalization of “too big to fail” in the bill that was supposed to end such moral hazard, the Dodd-Frank Act. You know, the law named for the two congressmen — Rep. Barney Frank and former Sen. Christopher Dodd — Gingrich declared prison-worthy Tuesday for their conflicts of interest in the sector they were supposed to be regulating.

There is no bridge for the gap between those Occupiers who think the solution to crony capitalism is bigger government and more shackles on business, and tea partyers who think the answer is a less powerful federal government and freer markets. But neither is there a good reason to let the new protests Occupy Middle Class Frustration.

Washington is due for a re-ordering. But it cannot be led by the predominant, big-government strain of OWS.

Ending corporate welfare has broad appeal. But it must be done in a way that won’t add to the spending and debt.

Leveling the playing field in the tax code, by removing carveouts designed by and for the politically connected and favored, has broad appeal. But it has to be done in a way that will increase investments in American enterprise and jobs.

Making the U.S. economy more competitive has broad appeal. But it has to be done in a way that doesn’t further entrench the status quo in education, ignore the vast energy resources we have in our own backyard, and threaten to spark a trade war overseas.

None of that is going to come from the people at the core of the OWS movement. But the surest way to give them more power is to make the disillusioned folks at the periphery think they’re the only ones who know there’s a problem.

– By Kyle Wingfield

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168 comments Add your comment

marko

October 13th, 2011
5:49 am

America is a pretty conservative country. Wealthy countries tend to be conservative because the majority’s affluent, and feel change threatens their affluence. The current situation represents a rare occasion when fundamental change is possible. The Joe the plumbers of the world are realizing that they’re closer to unemployment than they are to gated country club estates. The super wealthy may own the best government money can buy, but in the end it’s still one man one vote. What happens when the Joe the plumbers aren’t so easily manipulated by 30 second attack ads?

DeborahinAthens

October 13th, 2011
6:35 am

For fourteen years I worked for a large, very well respected Wirehouse. I was proud to be a part of that well respected firm. After the repeal of Glass-Stegall, we financial advisors watched in horror as the firm was sold to one of the largest banks in the world. The person left running the firm was a lawyer who knew nothing but trying to manipulate the bottom line. I cannot tell you how disgusted I became with what this company was doing. Not only did the firm create and own many dubious investments, which I refused to sell to my clients, thank God (though I would be a lot richer had I done so), but the firm slashed our salaries while raising the salary of the CEO and others at the top that were making very bad decisions. The CEO lawyer ran it off the cliff, and was “fired”, he left
with tens of millions of dollars in compensation. Millions of dollars for being a failure. The firm then hired a failed hedge fund manager to run the firm, paying him not only for his fund, but the fines and settlements for his clients. This man had no more business acumen than the lawyer, and was constantly lying to us about the state of the bank. We took the original TARP money and our CEO told us that we really didn’t need it, which the entire world knew was a lie. Two weeks after he lied to the employees about this, he was back at the trough sucking up more money. Then they sold my firm to another brokerage firm that I hold in low esteem. I left and took my clients with me. You people have no idea how badly we need the Dodd-Frank bill to protect consumers and investors. So what if banks have to raise fees. Why on earth do you expect to get free services? I want the banking system to be strong. Without a strong banking system, there is no capital. Without capital, there are no jobs, no growth, no capital investments. I want the investments I recommend to my clients to be good, solid investments, and I need to know what they really are-therefore they need to
be transparent. I work for a firm that I think meets that criteria. I don’t need something I could not forsee biting me and my clients in the butt. The Republicans who want to eviscerate this bill have been bought and paid for by the banks, and you let them run the system at your peril.

Karl Marx

October 13th, 2011
6:36 am

The middle class is is trouble in this country and will all the rhetoric about how 50% don’t pay income tax when the middle class is gone so is most of the revenue to government. The rich may buy 1 or 2 washing machines per block the middle class buys 100 and in doing so they paid the “corporate” income tax for the washing machine company. Companies don’t pay taxes they collect taxes. Ronald Reagan made that point very clear a long time ago. Then he said there are 151 hidden taxes in a loaf of bread. I’ll bet that hasn’t gotten better.

Karl Marx

October 13th, 2011
6:40 am

DeborahinAthens ,

“The Republicans who want to eviscerate this bill have been bought and paid for by the banks, and you let them run the system at your peril.”

Who bailed out the banks during the last 3 years and who recently was playing golf with some of the execs? That would be Obama and the Democrats.

Deb, it’s not just the Repubs

Joel Edge

October 13th, 2011
6:41 am

Good article, Kyle.

seabeau

October 13th, 2011
6:44 am

Its so very ironic that the two men in Congress most tied to the financial collapse of our economy are the sponsors of this bill. GW Bush tried to investigate Fannie-Mae but was stymied at every turn by Franks and its well known the very large extremely low interest loans given to Dodd by the very group (Banking)Dodd was regulating.

Lil' Barry Bailout (Unexpectedly Revised Downward)

October 13th, 2011
6:47 am

Dodd-Frank is just another huge government impediment to free market capitalism, and more sand in the gears of the economy. It will result in slower economic growth, the offshoring of more jobs, and the movement of capital formations to more business-friendly countries like China (China!)

Heckuva job, Democrats.

Jim

October 13th, 2011
6:48 am

Better be careful there Kyle, you are going to give republican newspaper writers a bad name by musing in such a pragmatic, common sense manner!

Name calling from republcians and democrats do nothing other than please the narrow base of the parties.

On another note – what do you think, Kyle? I believe that when the history of the 2012 presidential election is written, Governor Christie should be credited with being the single most important person who will elect Governor Romney as our next president.

Governor Christie decision to stay out of the race has left the sensible center of the republican party to Governor Romney (Ambassador Huntsman does not appear to be gaining enough traction to do much damage to Romney).

As a long-time mainstream republican, I am delighted that it appears the real Republican Party is on the verge of retaking the Party from the more radical wing. As a life-long Southern Baptist, I NEVER would side with the religious bigots claiming to be Baptists who also “claim” to know God’s beliefs about all Catholics, Mormons and others. The fact that Governor Perry chooses to allign with these bigots speaks volumes.

Lil' Barry Bailout (Unexpectedly Revised Downward)

October 13th, 2011
6:59 am

It’s been a long time since your “real Republican party” won anything, Jim. Who won the House back last November? It sure wasn’t a bunch of mamby-pamby, moistened-finger-in-the-wind moderate “real Republicans”.

Ronnie Raygun

October 13th, 2011
7:07 am

So is Newter going to surrender himself to jail for promoting NAFTA and the repeal Glass-Stegall that eventually caused our massive unemployment? Sorry Newt, people like YOU are destroying America.

Joe The Plumber too.

October 13th, 2011
7:08 am

@ marco, to be honest I don’t know about the rest of the joe’s, but I am one joe who is alot closer to the country clubs than the unemployment line. You asked “What happens when the Joe the plumbers aren’t so easily manipulated by 30 second attack ads?”. Well, let me tell you, some of us don’t fall for the urkle and piglosi lies, we get off the plantation and start thinking about our futures and take responsibility for ourselves and our families. We don’t want government taking care of things for us, we don’t need entitlement, we just need government to get the hell out of our way. I for one am sick of paying more and more into the system so that I can support the losers who are too lazy to get off the couch, unless of course they are invited to erect tents and live like animals in city parks. What this OWS movement doesn’t understand is it would taken more serious by Hardworking Americans if it policed itself and got rid of the element that gets the soundbites and news footage, like the idiot crapping on the back of a police car in NYC, somewhere some parent must be so proud.

A dad

October 13th, 2011
7:13 am

Best column yet Kyle. Sadly, the inevitable name calling will be shortly.

jconservative

October 13th, 2011
7:28 am

Lets give the Republicans some credit. In Sept 2008 Treasury Sec Paulson went to President Bush and predicted the end of America as we know it, Great Depression II just days away. Paulson then called the House and Senate with the same prediction and presented Congress with his 13 page $700 Billion bailout, TARP as it became known.

President Bush bought it, the Republican and Democratic economist bought it, Congress bought it and John McCain “suspended” his presidential campaign to go to Washington to save the Republic.

Congress passed the $700 Billion bailout, Bush signed it and the money has been spent. Bush spent 1/2 of it and Obama spent 1/2 of it.

So lets not make this one sided, both Republicans and Democrats get equal shares of credit for the “bailout” of Wall Street.

Steve - USA

October 13th, 2011
7:31 am

The OWS crowd doesn’t like the Democrats or the Republicans. The Republicans made them an enemy when they didn’t have to.

Hillbilly D

October 13th, 2011
7:33 am

Name calling from Republicans and Democrats do nothing other than please the narrow base of the parties.

And the rest of us look at both sides with disgust.

Lil' Barry Bailout (Unexpectedly Revised Downward)

October 13th, 2011
7:33 am

I think it’s fair to say that TARP “worked” in terms of achieving its short term goal of avoiding the failure of some large banks. Unfortunately, TARP and Dodd-Frank have reinforced the idea that the government will backstop the banks, which guarantees that we’ll be seeing this movie again.

Obozo’s further bailouts of auto companies, and of people who didn’t want to pay their mortgage, further damaged the economy and extended the economic downturn. Had markets been allowed to clear, resources currently being locked up in these failed enterprises would have been freed up for more productive uses.

Lil' Barry Bailout (Unexpectedly Revised Downward)

October 13th, 2011
7:33 am

The OWS crowd doesn’t like the Democrats or the Republicans.
————

Or America.

jconservative

October 13th, 2011
7:35 am

Check Jamie Dupree’s column for a list of 5 bills passed by Congress since Labor Day.

More equal shares of credit to Democrats and Republicans. And more Big Government.

JKL2

October 13th, 2011
7:51 am

Deborah- The Republicans who want to eviscerate this bill have been bought and paid for by the banks

Goldman Sachs says, “What?”

Joe the Plutocrat

October 13th, 2011
7:58 am

as my (metaphorical) stepsibling jconservative notes; this mess, as with ALL messes originating in Washington, DC; is a bipartisan effort. this is how a plutocracy rolls. there exists a formula or blueprint for business in DC, which does not resemble the narrative we are fed since birth (Bill of Rights/Constitution, land of the free and home of the brave, etc.). the way it works is simple; ANY/ALL private sector interests create a crisis or threat to the aforementioned American way of life. in addition, the threat creator (banks, defense contractors, healthcare providers, insurance companies, energy purveyors) offer the solution (war, repeal of Stegal-Glass AND TARP, medicaid/medicare, social security/disability, etc.). of course, it is the responsibility of the American taxpayer to pick up the tab, which Congress AND the POTUS all too eagerly put onto the Visa credit card We the People gave them when we sent them to DC. so, contrary to folks like Lil’ Barry, our very system of government is the antithesis of “free market” capitalism because it is a rigged game. while John Q. Public/We the People have the power of the ballot box, lobbyists and special interests have ACCESS to the power of legislation. it’s not changing folks, the occupy wall street crowd would make a better statement, were they to start planting crops, raising livestock in lower Manahattan, or “squating” on the estates of the evil CEO’s they are vilifying.

DeborahinAthens

October 13th, 2011
8:03 am

Karl Marx, George W, Bush created and got passed the TARP bill in 2008– not Obama. The Treasury Secretary at that time was Hank Paulson, who, prior to that had run Goldman Sachs Fo fourteen years. He let Lehman fail because it was in Goldman Sachs best interest, and that started the whole financial meltdown. Paulson also “saved” AIG because they owed Goldman Sachs billions of dollars for specious investment and trades. Maybe you should read more and listen to talk radio less. Having said that, as much as I dislike Bush, and I do believe that much of our problems are a direct result of his stupidity, I shudder to think where we would be had the banks and the auto industry had not been bailed out. Now we need to make sure this never happens again. Letting the market place regulate itself is a joke. No business or industry will regulate itself…they are in business to make money.

mike thompson

October 13th, 2011
8:08 am

I think I’m gonna move all my investments into bullet producing factories.
It’s beginning to look like a revolution is in the wind. The rich against the poor.

UIC

October 13th, 2011
8:10 am

Kyle…..do your readers a favor….. determine the root cause of the problem, use a series of columns to explain why it is the root cause and then start an Occupy movement or a Tea Party movement to attack the root cause. We spend time on the periphery, which just gets the sides sniping at each other, but never addresses the problem. The Tea Party said to elect representatives that won’t raise taxes…..great sound bite, but pretty nebulous. To my knowledge, the OWS hasn’t made a definitive stand. Why don’t you get it started?

Joe the Plutocrat

October 13th, 2011
8:11 am

Deb in Athens, with all due respect, how many times can we “make sure this never happens again”? more accurately, it is the raison d’etre for banks, and other special interests to make sure these things happen again. were it not for recessions, depressions, wars, poverty, illiteracy, oil embargos, natural disasters; the middle class could not possible survive without the altruism of the plutocracts/oligarchs (corporations and the stooges they own in DC).

Fun Guy

October 13th, 2011
8:12 am

Recently,there was an article in the St. Petersburg FL Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?” I think this 80 year old guy nailed it! Dear Mr. President, Please find below my suggestion for fixing America’s economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses, use the follow…ing plan. You can call it the “Patriotic Retirement Plan”: There are about 40 million people over 50 in the work force. Pay them $1 million apiece severance for early retirement with the following stipulations: 1) They MUST retire. Forty million job openings – Unemployment fixed. 2) They MUST buy a new AMERICAN car. Forty million cars ordered – Auto Industry fixed. 3) They MUST either buy a house or pay off their mortgage – Housing Crisis fixed. It can’t get any easier than that!! P.S. If more money is needed, have all members in Congress pay their taxes. While you’re at it, make Congress retire on Social Security and Medicare. I’ll bet both programs would be fixed pronto! If you like this plan, please forward to everyone you know.

Donna P.

October 13th, 2011
8:20 am

Even if we tax the wealthiest 1% more, the federal will just keep spending. We need to end entitlements like Welfare, Food Stamps, etc. Social Security is not an entitlement since it is a tax taken out in paychecks. We are a nation of free-loaders and it needs to stop. I do understand the elderly and disabled need assistance and I am for that. I don’t like Welfare “Queens” who do nothing but have babies and live off taxpayer fund government programs their whole lives. There is also a class of people who claim to be disabled and are on SSI Disability; they are draining the system for the truly disabled.

Road Scholar

October 13th, 2011
8:25 am

Deb,and jconservative: Please don’t muddy the waters with historical facts. You’ll make most conservatives head explode!

LBB:”The OWS crowd doesn’t like the Democrats or the Republicans.
————Or America.

Oh, now your back to the Iraq war ploy of calling people nonpatriotic because they don’t agree with you. Pitiful.

Fast and Furious Spending

October 13th, 2011
8:25 am

Enter your comments here

Joe the Plutocrat

October 13th, 2011
8:26 am

Fun Guy, make sense, but you and I both know why it would not make sense to the recipients of the “unearned bonuses”. and of course, the auto makers, banks, et al would still outsource or off shore the 40 million new jobs, which would continue to siphon wealth from the U.S. economy as a whole, and redistribute it in China, India, Thailand, the Phillipines, Ireland, etc. think of the American economy as a human body and capital as blood. entitlement programs (any government spending) is not the blood, it is the heart (pumps the blood). unfortunately, an unregulated free market it akin to gaping wounds (think of skin and blood vessels a necessary regulations), which causes a loss of blood, which requires constant transfusions, and unless the wounds are closed and the blood vessels repaired; death. so, we can “snipe” at each other from the left and the right, but we the People are not the problem. again, the plutocrats and oligarchs are the problem, and it serves their interests to have us point fingers from the left and the right.

JDW

October 13th, 2011
8:27 am

Here’s the thing Kyle, the OWS movement is a direct result of Repugnican inaction. Since Duhbya left town and started hiding out in Texas the Repugnicans have done everything possible to stymie any move by the Dems to correct the course of this nation. Instead they have repelled every attempt at adding the semblance of reason back into the tax code by EVEN AS THEIR OWN PARTY MEMBERS SUPPORT THE IDEA…

From Bloomberg on 10/11…

“Fifty-three percent of self-identified Republicans back an increase in taxes on households making more than $250,000, a sentiment at odds with the party’s presidential candidates”

At the same time, in spite of your spin, Repugnicans pronounced the recent jobs bill DOA IN SPITE OF THE FACT THAT THE MAJORITY OF AMERICANS SUPPORT THE BILL…

From the WSJ last week…

“Nearly two-thirds of the respondents to a survey from NBC/Wall Street Journal voiced their approval when pollsters were told them the details of the president’s “American Jobs Act”

I could go on and on talking about ethanol, the Debt Ceiling, the abysmal record of confirming appointees, the disgusting explosion in filibusters etc….but you get the idea.

Now we have a group of people, younger and less organized than the Tea Party, and BTW more popular according to Rasmussen, that are really coming out with liberal ideas. You see in spite of the fact that the Repugs like to paint the current Administration as liberal, socialist and far left…it really is not. It is very centrist in fact most of its so called liberal ideas came from Republicans…The Health Care Act, Cap and Trade and TARP to name a few.

So it will be interesting to watch the Repugs deal with this potential monster their tactics have produced. If the OWS bunch gets their act together, it might not be too long before Repugs are pining for the good old days of Centrist Obama as they already pine for the good old days of Clinton. Should that happen they will only have themselves to blame for not jumping on the opportunity to work on fixing the problems rather than holding fast to the same old ideas that got us here.

BTW that current group of Repug candidates…losing ground fast…

http://swampland.time.com/2011/10/13/time-poll-obama-leads-head-to-head-match-ups-with-republican

JKL2

October 13th, 2011
8:29 am

Deborah- No business or industry will regulate itself…

If the government is going to bail them out everytime, what incentive do they have to be fiscally responsible? Let the idiots fail and good people take over. Enabling just prolongs the pain.

Fast and Furious Spending

October 13th, 2011
8:35 am

Kyle,

Newt’s statement is the first I ever heard of “normal” people being at all involved in the OWS nonsense. Seems to me that given the huge confusion of message by these hooded dopes, there aren’t really middle class people willing to leave their kids, their jobs and their (our) precious leisure time for something (which by the way, my 19-year-old nephew student at NYU said he doesn’t understand) that makes no sense to anyone, except for those droning on about protesting greed.

That’s my way of saying, please go and write about something real. The tea party is already a vehicle for dissatisfaction with liberal policies, and Democrats have yet to craft anything nationally that makes any sense at all economically or employment-wise.

Hey, why are we so focused on greed; why don’t we have a protest for the other six deadly sins?: 1 lust, 2 wrath, 3 sloth, 4 pride, 5 gluttony and 6 envy. Respectively, we could all protest against 1 hollywood, 2 Barack Obama, 3 the OWS protesters, 4 Barack Obama, 5 Michael Moore & Michelle Obama and 6 the OWS protesters.

Fast and Furious Spending

October 13th, 2011
8:42 am

JDW,

Republican inaction……?

Dreaming again, are you? Did you have a good sleep last night? Because I just woke up today, and noticed that Barack Obama is President, has been for the last three years, Harry Reid is Senate majority leader and has been for the last five.

You are pretending that this isn’t true, and that the Republicans are the in-actors, but it’s time to wake up.

I couldn’t resist taking a jab at “told them the details of the jobs act”. Honestly, this president has a habit of passing 2000 page legislations that no one reads!

Take your act on the road and charge a cover. It’s funny; if you can do it while you’re awake.

DawgDad

October 13th, 2011
8:42 am

Actually, Kyle, history tells us mobs CAN provide solutions, their solutions often progressing from looting and property destruction to arson, murder or execution, and often to some form of general tyranny and protracted war or civil unrest. Not that these Occupy bunches qualify as a “mob” at this point. You are absolutely right; there is a HUGE difference between a mob of principled people fighting for a noble cause and a mob of pseudo-anarchists and would-be tyrants.

The bailouts and “stimulus” payoffs were horrible ideas born of greed and the leftist/socialist agenda (yes, I include Bush in that crowd, in terms of his role in embarking us down the wrong path). But it’s too late to turn back the clock now. The people who play by the rules have already been had in terms of leverage on our future; the only question remaining now is whether or not the raping of the US Treasury and economy can be checked effectively.

Education Envy

October 13th, 2011
8:46 am

“Ivy League art history grads with $100,000 in debt but no job prospects”

This is a myth perpetuated by resentful right-wingers. Nowadays, most Ivies are practically free for lower- and middle-class students, and even art history majors from these schools get job offers from Goldman Sachs and McKinsey.

#occupy my desk...

October 13th, 2011
8:53 am

Karl Marx @6:40 – Bravo. There are very few innocent parties in this and pointing fingers isn’t going to get us anywhere. I do feel that letting the banks fail would have taken with them the savings and investments of millions, which would make things worse for everyone with a savings account, 401K or IRA (like it wasn’t bad enough). I pay a lot of taxes so my burden in these bailouts is pretty substantial. However, the “demands” of the occupiers are almost irrelevant to the issues. It’s bordering on bad teenage philosophy.

DawgDad

October 13th, 2011
8:58 am

“You see in spite of the fact that the Repugs like to paint the current Administration as liberal, socialist and far left…it really is not. It is very centrist in fact most of its so called liberal ideas came from Republicans…The Health Care Act, Cap and Trade and TARP to name a few. ”

Your comment assumes there are no socialists in the Republican party, which is FAR from the truth. And calling this Administration “centrist” is purely ridiculous. Sure, they’ve disappointed the far leftists. This Administration and the far-leftists in Congress have been held in check by the reality of governing a country that is generally to the center-right. Why do we not have single-payer health care already? Cap and trade carbon markets? Tax increases? What happened in the 2010 elections?

math is fun

October 13th, 2011
9:00 am

Fun guy, that would require 40 trillion dollars. If we have that kind of money, simply payoff the existing 14 trillion in debt. See, the idiot that proposed that hadn’t mastered simple multiplication and thought he was dealing with 40 billion. A well known gaffe that was published soon after the first article.

Karl Marx

October 13th, 2011
9:00 am

Deb, You can harp all you want about TARP and the Republicans but the Democrats not only followed thru with it they added to it and authored much of the bill (Democratic congress). Remember Bush was out of here. No I didn’t like Bush either however between Bush and Gore or Bush and Kerry we got the best of the worst. Now put down you canned list of talking points and think for yourself for a change.

carlosgvv

October 13th, 2011
9:03 am

Anyone who understands world history knows that when large numbers of protestors start to gather in multiple cities, it is never a good sign. Ridiculing these protesters only shows a “let them eat cake” ignorance and, if this attitude prevals among our lawmakers, most unpleasent things may very well follow. What is needed here is sound statemanship from our politicians. I wonder how many of you believe this will actually happen?

math is fun

October 13th, 2011
9:04 am

I suspect Mother Nature will solve the OSW problem in a few weeks.

Don't Tread

October 13th, 2011
9:08 am

“One is left-wing agitators who would be happy to show up next week on any other topic”.

Truer words have never been said. A lot of them showed up this week, with signs created for other topics.

But thanks for pointing out the distinctions. Some of these people have a legitimate gripe, while others are just bat-shiite crazy.

JF McNamara

October 13th, 2011
9:12 am

As far as I can tell, its 6 versus 1/2 dozen between what the Democrats and Republicans actually want. Congress, the White House, and the Supreme Court (by delegation) are all pushing policies that eliminate the middle class.

The Tea Party and OWS are both the symptoms of the real problem.

Delusions of Grandeur

October 13th, 2011
9:13 am

@Joe the Plumber too.

“…to be honest I don’t know about the rest of the joe’s, but I am one joe who is alot closer to the country clubs than the unemployment line.”

Fixing the toilet in the locker room doesn’t count.

detritusUSA

October 13th, 2011
9:13 am

When the plutocrats get tired of the demonstrators they will order the government to disperse them. If the police use excessive force and demonstrators are injured or killed on national TV, then the real change will take place. Americans will re-learn what the Bonus Army learned in 1932. Money only cares about money and ordinary Americans don’t count.

DeborahinAthens

October 13th, 2011
9:19 am

Karl, I always think for myself. That’s why I didn’t vote for Bush after forty years of being a loyal Republican. That is why I didn’ vote for McCain, the ditherer. You guys have no idea what this country would look like without the bailouts and the stimulus. We would be in a recession right now, IMO. My main point was that, if Glass-Stegall had not been repealed in the dark of night by a majority Republican Congress (yes Clinton signed it because he was told they would overide his
veto) we most likely would not have had the 2008 banking meltdown. I would challenge you to think for yourself. Tell me one thing that the Repugs have done or want to do that would make our lives better? What have they done but make our country weaker and weaker–from starting two unfunded wars to de-regulating the energy and banking industries, etc.? They are all perfect horrors of human beings–from smirking Eric Cantor to dayglo orange Boehner. They have no plans no ideas save what is fed to them by their corporate funders. They have turned this country into a Banana Republic of haves and have nots.

Joe the Plutocrat

October 13th, 2011
9:27 am

detritusUSA, how dare you bring up history/facts. ans speaking of facts, and left-leaning sarcasm aside; everyone be sure to tell Herman Cain “thanks for playing”. http://news.yahoo.com/rich-man-revolutionary-015800949.html

Joe the Plutocrat

October 13th, 2011
9:33 am

Deb, please don’t defend Clinton re: Glass-Stegall. Google Brooksley Barnes (Clinton appointee). Clinton signed the bill into law because he, like every POTUS since Reagan, is OWNED BY WALL STREET. this is not a Democrat vs. Republican issue or a lazy liberals vs. hardworking conservative issue. this is about plutocracy in action, and the oligarchs who OWN THE ECONOMY. it’s like wondering why some people work in casinos, while others gamble in casinos – BOTH SIDES essentially work for the casino owners (oligarchs).

Lil' Barry Bailout (Unexpectedly Revised Downward)

October 13th, 2011
9:33 am

Money only cares about money and ordinary Americans don’t count.
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Don’t buy from money, don’t work for them, don’t own shares in them, and don’t vote for their politicians.

Problem solved.

ragnar danneskjold

October 13th, 2011
9:36 am

The Occupy Wall Streetpeople lack credibility, not because so many need a bath, but because there is no coherent “message,” just a long string of unrelated whines about the curses of freedom. One perceives a perverse demand, a lament for a strongman to control us all. This is the result of a nation without real economic education.