The Mudcat Café TM
Thread #140645   Message #3236516
Posted By: freda underhill
09-Oct-11 - 11:00 PM
Thread Name: BS: Wall Street Protesters...
Subject: RE: BS: Wall Street Protesters...
In other words the current Tea Party has hijacked the views of the original founding fathers and misrepresented them.

Why are people occupying Wall St? Bankers took advantage of deregulation to cause massive inflation through reckless lending. Paying themselves big bucks - then were bailed out by taxpayers when everything collapsed.

The upper 1% of Americans are now taking in nearly a quarter of the nation's income every year. The top 1 percent control 40 percent of the wealth. Twenty-five years ago, the corresponding figures were 12 percent at the top held 33% of the wealth.

How can this be democratic? Look to Norway and other northern European countries for a better economic model. And with this goes better social justioe for their people as well.

I hope Washington listens to these protests - the people in the streets can't access politicians the way lobbyists can, this way they are getting heard. Follow the REAL traditions of the Founding Fathers and tax the big boys, like everyone else, and spread the wealth into schools, hospitals and jobs.