|Charging Bull, a bronze statue by Arturo Di Modica at Bowling Green, Manhattan, New York City, photo by David Prior|
It's difficult to find a deep answer to this because the website states it is a protest of the 99% against the 1% who has all the money, so says Andrew Ross Sorkin of Dealb%k column.
That is really hard for me to absorb.
For more than two weeks people, without jobs obviously, have been peacefully standing around Wall Street with a sign or two decorated with a balled up fist, protesting that 1% of the people have all the money. I wonder how that 1% got all that money?
Donald Trump's story is fairly well known. He had nothing when he started, in fact, he was about $20 million in debt; and he convinced his debtors to invest more money with him. They did astoundingly, and they all made a mint of money. That is entrepreneurship at its best.
Dale Carnegie wrote a list of life ambitions when he was 18 years old. At the top of his list was his deep desire to earn millions of dollars the first half of his life, and the second half of his life he would give it all away. He certainly accomplished the first, but he'd made so much he couldn't give it all away.
When did working for your keep transform into entitlements? Spreading the wealth never worked no matter how hard Russia, Spain, Greece etc. tried. The few always ended up with most of the cash, but communism and socialism made it easier for the crooks to take the money.
Isn't it strange that a man who is almost the richest man in the world would use this kind of thinking to try to destroy America. George Soros has at his fingertips the wherewithal to do exactly that. I believe this peaceful protest of uninformed people is the beginning.
Why do I call them uninformed? Because they really do not know what they are protesting. Bank presidents and CEOs represent millions of stockholders, and account holders. I do think CEOs and corporate officers probably do get higher salaries than their job actually warrants. However, I'd not trade places with them for even twice what they make...I don't want the headaches, ulcers and stress they deal with.
It isn't a giant leap to connect Soros with this movement. The organization says it has no leadership, yet it has minutes of their meetings on the website. An organization shouts leadership because that's how it is organized. Duh. It says it has no leadership, and yet the protests have been ongoing for more than two weeks. How does something keep going without the rah-rah of leadership? Think: Scott Walker and the labor protest. The fundraising must be incredibly awesome to support people for two weeks, and for people to come from different points of the U.S. Soros is affiliated and a donor for so many groups from A-Y. The types of groups and his agenda is quite clear just from looking at the list from Discover the Networks.
No matter how hard this movement tries to make it look like a grassroots movement. It isn't. The propaganda and rhetoric sounds wonderful, but look at the foundation. There are webs of deception, and America will get tangled tight in its sticky cords.
An interesting article written by Eli Schmitt on n+1 gives a list of "demands" which will give you an inside look at what #occupywallstreet is all about.
To repeal the Citizens United Supreme Court decision (through a constitutional amendment)
To remove the bull sculpture from Wall Street (as suggested to us by a man who walked by dressed as a banker but wearing a noose instead of a tie)
Some form of debt cancellation (either for everyone or just for students)
Pay-as-you-go military intervention (so that wars could not be waged without Congress agreeing to finance them immediately)
Taxes on small financial transactions (one version of this is known as a Tobin tax)
A social wage or guaranteed income (also described as a negative income tax)
Universal care centers (for children and the elderly)
Reinstating the Glass-Steagall act (a banking reform passed in 1933 and partially repealed in 1980)
Paid sick leave for all working Americans
Greater political transparency in general
Cleared up now?