Friday, October 7, 2011

Protests should be better planned . . .

The recent protests in New York on Wall Street and now in Los Angeles need some better information and/or guidence. What strikes me as amusing is the fact that these people are protesting the corporate world, CEO's, and big business. Just watching the news, you see some of them toting a StarBucks cup of coffee (Big Business), talking on cell phones (Various Big Businesses), and working on laptops (really a big business world.) I also heard their big sign is rented from a . . . corporate business.

It seems to me that if you are against something, shouldn't you make the people you deem to be in error 'hurt' by not using their products?

There is a major protest against the banking industry especially over the recent $5 increase in using the ATM, etc. They say they want the government to intervene yet it is legislation by the government that made it necessary for Bank of America and other banks to raise their rates in order to survive. The housing market problem is not the entire fault of the banks, either, as the government wanted everyone who wanted a house to buy, to have that option . . . even if the banks ended up taking bad loans. Now, everyone is paying for that stupidity.

The uninformed protestors have a list of demands. One of them is that all financial obligations be forgiven - credit cards, mortgages, loans . . . They think this will stimulate the economy and increase the job market. How? Many of these people are college educated but don't seem to have a grasp of supply and demand, the market place, free enterpise . . . Very scary that they have the right to vote.

That seems to be the problem with the world today. Everyone wants something for nothing and doesn't seem to be concerned about letting the government step in on various situations. I wonder how they will feel when the government takes over more and more of their freedoms, controls their thinking, and cuts down on their texting and gourmet coffee drinks?

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