It's a calculated risk that any business can take. People also bought houses that they couldn't afford. As I said before, the system and attitudes are to blame.
But who wrote the system? If houses weren't so expensive, people wouldn't have to pay them off for 70% of their lives. If the economy wasn't so poor right now, houses wouldn't be expensive. Why is the economy so poor? Because you have people with billions investing their money and driving up the prices. Just like in Runescape only on a much larger scale.
Completely incorrect. Please use evidence. Names like "corporate goons" evolve from pure jealousy.
Instead of asking for proof, can you find a counter example? The thing is, people always ask for names when defying someones opinion or facts regarding this topic. If I knew, I'd tell you. But it's not like the people are very public about what they're doing and who they are. I guess by corporate goons I mean people who are knowingly investing their money, even though they have more than enough, in places that are causing harm to the economy and taxpayers.
Life isn't fair, and no working economic philosophy makes life fair. The part I disagree with you on this is the "going behind our backs". How at all are they doing that? Again: demonization due to jealousy.
By behind out backs, I don't mean literally. Do you read every sentence of every bill passed in this country? Of course not. They use this to their advantage and leave loopholes open for themselves. So I suppose everyone has the chance to read the typically 20 page+ bills, but they don't and everyone knows it.
Alright, I give tacit approval to this then. But please, protest against the government. If you think a banker or company broke the law, press charges or put pressure on your congressman for a congressional investigation. Call you representatives and senators. But don't protest against the businessmen doing their jobs.
It's not against the businessmen and women, it's generally about the exceeding amount of input they have in the government's decisions. And have you ever tried to call a representative or senator? Good luck actually talking to one. Even if you do get through it's not like they'll take you seriously. You're a nobody to them. But if you have money that you can invest in their interests or to help them, be ready to top on their to-do list.
Of course power corrupts, but there actually has been no ideal political system created (we live in arguably the best system now).
Arguably, but I do agree.
Blame the politicians, who work for you, but not the businessmen doing their jobs (to make as much money as possible for their shareholders).
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If the politicians work for us, why can't we fire them? Because the system is corrupt. If they work for us, why did they bail out our debtee's instead of us? Sure, banks had debt, but only because they borrowed our money, loaned out more of it than we had given them, then when we all ask for it back they don't have enough because they never did to begin with. And who controls the banks? The upper level businessmen and bankers. Why businessmen? Because they're some of the largest investors in banking. Yes, they're just trying to make money for themselves and their company, but isn't everybody? $1 billion is more than enough to support yourself and family for the rest of your lives, but it's never enough for them. At some point, morals have to take over so they can realize that they're hurting the economy and in turn hurting the rest of the taxpayers. But they haven't, so what are we to do?
Honestly I doubt they are going to accomplish very much these riots. It's just a waste of time that could be spent better else where. Sorry to be a pessimist but this isn't worth their time, there will always be really rich people and your middle class. And honestly there isn't much they can do to "Stop" it.
It's not a riot, it's a protest. Time spent doing what? Further perpetuating the poor economy by working minimum wage jobs and spending our money on overpriced necessities? Further allowing the decline of our government by sitting around doing nothing? There have been numerous claims that within the next few years there won't even be a middle class in this country because of the huge difference in wealth distribution. And if there isn't much we can do to stop it, how do you explain the two successful protests so far in other countries? How can more than 100,000 people worldwide, so far, go unnoticed? They can't be. It's all over the news. More and more people are following this movement every day and as I said above we're gaining support numerous large groups of people. We can only be ignored for so long. You can't arrest 10,000 people and there's more people against the what the government has been doing than for it. We just need more of them to come out.
Occupy Wall Street
