I have very mixed feelings about the "Occupy Wall Street" folks.
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I think there is a point to be made in these protests. I don’t think they make it when they say they are protesting greed. Give to the homeless if you want to protest greed. Wall Street IS forcing American industry to globalize. This sounds harmless. Let’s sell to the whole world, right? Must be more profit in that. But what it really means is Wall Street is forcing industry to denationalize. To no longer be American. Move the company out of America. We have been doing it with manufacturing for years and loving the lower prices at Wal Mart. The high tech jobs watched it happen and kept silent. Now the high tech, middle class jobs are going too and we take to the streets. The government with our visa laws has made It more profitable for companies to bring engineers to America and house them next door to unemployed Americans. Frankly, they have no choice. The government must allow corporations to equalize our economy with our neighbors. They don’t want to close the boarders to cooperate globalization only illegal aliens that will take the only jobs left. As we transition economically the middle class is going to bitch, moan and protest because they have the most to lose (the poor not so much as they don’t have anything but government handouts anyway). Especially when it becomes glaringly apparent that a very small percentage are making a huge killing on the deal. I mean huge! I call this the selling off of America. Your jobs are being sold for profit. Now that’s worth protesting against. This is why we see economic improvement but no job creation. Look overseas in the lowest, cheapest and most environmentally deregulated economies. Job markets are booming. The Wall Street question for me is do they have the right to sell our jobs to the highest bidder? So far the government has said yes. However, as most of them are stockholders, they have a stake in the outcome that is significantly higher than those losing their jobs. The poor have far less to lose in an economic collapse than the top 1%. America will have it’s economic collapse when Wall Street has globally diversified enough to mitigate the risk for its largest holders. Then American poor and middle class will come back unified, weaker, but resolved to bid for our old jobs with the rest of the world. Our best form of protest WAS how spend our $. But not anymore. Wall Street has cultivated new markets. We have left ourselves behind.
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