Occupy Wall Street?

Much like the Tea Party, this “Occupy Wall Street” movement is a bunch of mad people.  As best I can tell.  I don’t exactly know their goal.  At least the Tea Party had an understanding of lower taxes and control of debt/deficit.

I get it.  I support the effort.  Peaceful protesting is acceptable.

What I don’t get is what do they want?

Here are some loosely mentioned desires (blogs/news/etc) I found that seemed to re-appear.  Keep in mind there is no leadership to this protest thus no spokesperson.

“End of corporate greed” – Good luck with that.  “Greed” is inherit to capitalism.  Why target Wall Street alone?  It does serve a purpose.  http://www.theatlantic.com/business/archive/2011/10/why-you-shouldnt-hate-wall-street/246282/

“jobs” – ok, understood.

“Free education” – that’d be nice, but nothing is free in life.  Why protest Wall Street on this point?  Go to your state university and campout.

“debt forgiveness” – not sure this is going to fly.  There are numbers passing around the internet that show that the 99% hold the most debt opposed to the top 1%.  This is probably true.   But what is debt?  When you buy things on credit, you have debt.  Of this 99% hold debt, where did it come from?  Probably school loans, mortgages, credit cards, car purchase.  All voluntary expenditures.

The occupywallst.org site posted this list.   http://occupywallst.org/forum/proposed-list-of-demands-for-occupy-wall-st-moveme/

I have to say the list is rather radical and unrealistic.  As a reasonable person, I would hope this is not a representation of the movement as a whole.

Here is where my Andy Rooney like editorial begins…

I am getting old.  I admit.  I try not to sound like an old curmudgeon, but this will.

Most of the Occupiers are 20-something hipsters (probably 80% of that “99%).  They are over-educated and under-motivated.  They grew up in good economic times with TV, Sega Genesis’s, Xbox, Internet.  They represent an entitled generation that were told they could do (or be) anything they wanted by their helicopter parents.  Now they are faced with a downturn in the economy and out of the nest having to fend for themselves.  They’re spoiled and pissed and want to blame the “fat cats”.  After they roll up their sleeping bags and go back to their lives, not much will have changed.  They still need to find work and be a productive member of society.

I’m done.  I am pulling up my sans-a-belt pants and going home.

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