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Showing posts from October 12, 2011

Occupy Wall Street - Trouble ahead.

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I have been resisting commenting on this movement hoping secretly that the notion of scapegoating the 1% of America's wealthy would not gather any steam - guess I was wrong.  At first blush the movement and its message appear to be quite appealing, after all, the imbalance in this country is frightening and the widening gap between the wealthy and poor is growing.  However it does not take a genius to figure out that the issue with our growing wealth disparity, mounting debt and increase in poverty has very little to do with the wealthy and everything to do with the political class that enables the injustice in the first place.  On top of that and more importantly, the general animosity and hate of success and the generalization that anyone making more than a million dollars is somehow evil and should be punished is misplaced and wrong - this is like jailing the crack addict in hopes that crack would go away - oh wait...  So the first thing we must do as observers is to understa