Re: Occupy Wall Street protest
However misguided these young peoples ideas on how to fix the US may be, they clearly care about our collective future serfdom if it isn't fixed. More regulations sound good, but the big banks and corporations can afford them. Smaller banks and corporations cannot. They'd just be pushed aside, bankrupted or absorbed. I'll bet a lot of the 1% WANT more regulatory measures, as that will ensure they STAY the 1%.
We should just face it- we are not a Capitalist country. The big guys practice crony-capitalism and corporatism.
Things had been trending toward what happened in 2007-2008 for a long time, but the kicker was repealing Glass-Steagal. They could then gamble with YOUR money, and when they eventually lost it, YOU paid for it. We all did, and will continue to pay. Reinstate Glass-Steagal, repeal or legally circumvent Citizens United (what a bullcrap name for what it really is), and get big money OUT of politics!
For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and provide for it. - Patrick Henry
Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual.
~ Thomas Jefferson