Occupy Movements Without Consequences
I've been following many of the occupy movements across the nation and I'm bothered that people are so critical of the people trying to send a message that is 100% true. The top 1% of income earners in this nation run the government based on the support from contributors that run the industries in this nation.
The occupy movement is a simple explanation that people are pissed off working for companies declaring billions in profits per quarter and yet keep employee wages, benefits, and job security at the lowest possible level. In the meantime these billion dollar companies think nothing of giving out bonuses to top managers that are fifty to ten thousand times what the lowest paid employee of the company would make in a lifetime. If you think about it, and I mean really think about it. The protest across the nation is no different than the union organizers against the mines, the steel factories, and the trucking industry that decided that you as an employee did not matter as long as the top was paid like the royalty of Europe before King George.
The violence against these protesters and by the same protesters against police is a clear example that THERE IS A PROBLEM in America. The inequality of income is at the breaking point. How can it be justified when a company anywhere in America is making millions or billions of profit per quarter and yet many of its employees are losing their homes? It just propagates hate for the upper class of 1% to 20% of income earners that own the businesses that employees cash a check from every week. That is if they are lucky enough to have a job.
Back in the early 1990's, many corporate offices closed plants here in the good old USA to only move the equipment south of the border in Mexico. It was a good corporate decision to close plants costing millions of dollars to operate in the USA and there was no penalty for moving the jobs from the government. The only winners in that decision were the few people that got bonuses as the lords and masters of the business that closed all of the plants. It was and still is a classic case of Marie Antoinette telling her people that they could have the cake left over from her party.
Where is the payback for these corporations? Wall Street. The company beats the street estimate of earnings and the stock goes up. Investors are happy! CEO gets a bonus, underlings get bonuses, the company looks like a solid investment.
What is the consequence? Look around in your own neighborhood. People used to own those house that now have for sale signs on them. You can say hi to those same neighbors down at your local Walmart working for minimum wage. Or at the Wendy's, McDonald's, or any other service industry job creator. You might also be working with them. The end result is that every plant shut down in your area is lost tax revenue to pay for your local schools, your fire department, your police, your roads and your community. Your community takes the hit so someone on Wall Street that has no idea where your city or town is can pocket a huge bonus. It is what it is.
Before you judge the Occupy Protestors you should look around your little piece of the world and honestly see what is going on?
Papamoka
Labels: Occupy Movement, Occupy Wall Street, Protesting the top 1%