OrangeEmpire
The White Debonair
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- Nov 28, 2005
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That these protestors are not at all interested in small government. The Tea Party aren't pro-limited gov in every instance, but there's nothing I've seen out of these folks that indicates they're pro-limited gov in any instance.
Like the guy in the video I posted that said, "Banks should be allowed to fail. It's how the market is supposed to work. If I fail, nobody bails me out."
This group is also similar to the TP in that they hold both parties in contempt. While they would vote Democratic most of the time (as the TP would vote GOP), they are pretty po'd at Obama and the Demos, too.
Remember, this started as a protest about Wall Street bankers cashing in for millions and millions on government bailout money and no accountability for the mortgage mess, which many see as the root cause of the economic downturn.
You give the guys who bundled mortgage securities and fed the engine and then took millions in bonuses as they all lost their jobs and were foreclosed on, this really should not come as a surprise.
If that is genuinely their beef, then why would they continue to support the Democrats? I'm not saying the Republicans are significantly better on the issue, but the Democrats have done everything short of turning tricks in order to protect the system that allowed the collapse to happen (and in Barney Frank's case, he might've turned tricks).
Dodd-Frank is hailed as a solution to the mess, but it intentionally left Freddie and Fannie in the ****ed up situation they were in before. You can tighten up on "Wall Street", but if you don't treat the systemic cause, you can never hope to permanently cure the symptoms.
So, if these protestors are really going after Wall Street because of the mortgage mess, they are protesting a cough while ignoring the lung cancer.
What confuses me is the Occupy protesters are younger, college aged folks. One of their complaints is that they can't pay their student loans back (no job and the principal is huge). Yet, they rail against "corporations" and proclaim their support for the current administration. What has Obama done for this collection of individuals? He touts the importance of the jobs bill and the Occupy protesters collectively nod their heads. Tucked away in the jobs bill is a provision that will open a new avenue for debt collection harassment: cell phones. So, why would these people support him?
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it's not about money but it's hard for a group of unemployed, college students to become a force. The people within the TP do have money (as studies have shown)
This movement is only gaining steam. Once they become actually organized and define their mission, they may become a force to be reckoned with.