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“Enough is enough!” NYC rallies against Wall Street
Published: 30 April, 2010, 09:40
Edited: 01 May, 2010, 05:22
Thousands of workers and trade union leaders have marched in anger over lost jobs and ruined lives in the largest anti-Wall Street rally since the credit crunch began in New York.
@ Shilka.maskirovka - you are not alone, but most people don't want to face the ugly truth. The silent majority has not yet fully realized that their retirement funds are non-existent. When everybody realizes that their savings and 401(k)s disappeared way back in 2008 in a puff of electrons, then there will be activity of a sort. That is, if all the old folks who want to rebel actually have energy enough to do it. Based on conversations I've had with friends and family, most of the middle class people in USA, those who think they are invested in the economy, still think they will get "something" on retirement. "Something", that is, other than "the shaft". I am spending my retirement funds now on education. It is portable and it doesn't depreciate with inflation.
I am surprised that protesters in NYC failed to realize some positive sides of the current US economic situation. At least two positive aspects deserve to be cited: a) I have red somewhere that 35000 employees of Goldman Sach got 400 000 USD bonuses each (on average). That is around 13 billion USD for 2009 for bonuses. Now, these 35000 will start buying everything around and that could very much boost the US economy. That is surely a positive aspect, isn't it? What is more, this shows the way along which the US leaders should proceed further in the years to come: bailouts of banks should be significantly increased and the bankers will have much greater bonuses. Accordingly, they will be spending even more, buying houses, hotels, etc. and they will need gardeners, room service personel waiters, ..... Therefore, there will be a lot of jobs for the crowd. b) Increased funding for the US military will only bring a much more improved security for its citizens. There are lot of threats all around the globe for the US and that is why the people of US needs to spend more for the military. It therefore follows that increasing funds for the military complex is just the right move and it is exactly what ordinary US citizens need. US is on the steady course. Therefore, my modest opinion is that the NYC protesters should reconsider their demands.
I am amazed there is not more ppl demonstrating against these banks, is it so that the silent majority has not lost anything yet and that's why they aren't seen in this? I mean if something is to be demonstrated about this is one key subject. Look - the system I got something you don't wont work the next time this crashes down on us and it will, cause its already planned for that. The new global money has already been seen by the public when President Dmitry Medvedev showed it in public 2 years ago. When will people wake up to this reality? Am I alone?