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Forum Post: End-the-Fed and all that Jazz

Posted 12 years ago on Oct. 16, 2011, 11:57 a.m. EST by OccupationNation (1)
This content is user submitted and not an official statement

It seems #OccupyWallStreet is attracting many end-the-fed, impeach-obama, less-govt-everywhere type of crowd.

Here is a video of one of them going on a rant: http://youtu.be/rQow0Fhua1A

Some of the those at #OccupyAtlanta even orchestrated an end-the-fed march yesterday.

One of them at #OccupyAtlanta told me that the Occupy Wall Street movement was started by the same elements that started the Tea Party.

Sure, these people may have similar grievances against the bailouts. But they are also against government spending on a jobs program or taxing those making over $250k/year. Not to mention their aversion to ANY kind of government spending and regulation.

This is bad news.

This is NOT what #OccupyWallStreet and #OccupyAtlanta are about.

Sure, there may be some common grievances related to bank bailouts. But the occupiers also want

  • MORE government regulation of the financial industry,
  • MORE taxation of the rich, say, those with incomes of more than $250k/year (and btw, most small business make that much only in their dreams),
  • MORE government regulation to protect the environment,
  • MORE government spending to create jobs (a la the “Works Public Administration” courtesy of Roosevelt), and
  • MORE government intervention to provide healthcare for all.

Unfortunately, these end-the-fed folks also wear the loudest T-shirts, and one also got interviewed by CNN.

BE CAREFUL!


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[-] 1 points by sorenparis (11) 12 years ago

I agree. when politicians use the word "deregulation" it really translates to corporate handouts.

I'm not against the radicals and freaks who want to protest, but the movement needs more regular folks to get out there too.