Wednesday, October 5, 2011

Occupy Wall St.; Occupy Nothing

Recently there has been a movement known as Occupy Wall St. where tons of people gather in cities in the Northeast (D.C., New York, etc) to protest against capitalist greed, governement run amuck and whatever else. To me, it seems to be like the Tea Party, a good idea driven by special interest and driving home a message that is more of the same.

The Tea Party was named after an event at the Boston Harbor that sparked the revolution that created a folklore of heroes and villians. It was meant to spark a revolution of ideas, but was hijacked by the GOP and Fox News and turned into a mob of warmongers who won't a cut a thing. (How Rick Perry could be considered anything but establishment is beyond me, but not Fox News.)

The whole name of this movement seeks to blame capital greed of Wall St, which is very bad. However, we should note that you have to get an addict off a drug, before you can address the problems it causes (such as suicide) and not treating the other problems. If we continue to regulate Wall St., it will continue to stifle small business and destroy the middle-class.

I know some of these people marched on the Federal Reserve, but the majority of this movement is anti-capitalism and pro-Obama, but without knowledge that Wall St. is a symptom and not the problem, we will continue to see boom-bust cycles and the destruction of people's lives.

I personally recommend, to those who want to read an argument for smaller government to read Rollback by Tom Woods. It's the best argument I have ever read in that field and if you haven't read it on any part of political philosophy, I think it should be given a try.

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