October 7, 2011

What has Wall Street Ever Done for Us?

"While Wall Street may be responsible for bad things, it is Wall Street who financed putting a million miles of fiber optic cables crisscrossing continents and under oceans. It is Wall Street that financed the thousands of cell towers. It is Wall Street from which venture capital comes to finance startups like Twitter. Thus, tweeting “Down with capitalism” from your iPhone for those around the word to read seems to be the most ironic thing a person can do. The live stream from the protest site, shared with 12,000 (at this moment) people across the Internet is a testament to Wall Street's allocation of capital that these protesters fight against." --Errata Security: Independent reporting of #OccupyWallStreet [ Entire article highly recommended ]

Posted by Vanderleun at October 7, 2011 8:29 AM
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"It is impossible to speak in such a way that you cannot be misunderstood." -- Karl Popper N.B.: Comments are moderated and may not appear immediately. Comments that exceed the obscenity or stupidity limits will be either edited or expunged.

Useful idiots.

Posted by: pdwalker at October 7, 2011 8:58 AM

Interesting take on it all. He mentions that many of the protestors are college graduates with no jobs. He also mentions that none are engineering or science grads. Well, duh?

O'Reilly ran a segment on his show last night that observed that there are plenty of craft jobs (electricians, plumbers, tool and die makers, etc.) that are going unfilled. The problem is that since our schools have all but eliminated wood shop, metal shop, and vo-tech, young people aren't getting the training and education in useful skills that can lead to real world jobs. That is not Wall Street's fault. The Department of Education is where the protestors should be doing their thing.

A cursory observation of the Skagit County area shows many signs in restaurantand retail windows advertising for help. There are jobs out there - just not high paying, cushy jobs.

Posted by: Jimmy J. at October 7, 2011 9:28 AM

The hypocrisy runs even deeper considering Wall Street supported Obama in the elections.

Posted by: RedCarolina at October 7, 2011 12:15 PM

What a shame there are no jobs in Woman's Studies or Black Studies.
Actually if any had taken the old 'Basketweaving' and 'Flower arranging' courses what a wonderful world they would have, one with jobs caning chairs or mortuary decorating.

Posted by: Peccable at October 7, 2011 1:18 PM