Quote:
Originally Posted by xenigo
Now the so-called 99% are pissed off they took out mortgages they couldn't pay for, and because they collectively stopped paying all together, the entire economy collapsed. Now they're upset, and want to point fingers. They say it's the bank's fault, etc.
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I think much of the anger and frustration comes from the fact that the bankers knew this would happen and made money from the collapse, they got bailed out, and showed no responsibility for their actions. TV commercials pushing these loans and giving people the idea that they could afford it, representatives at the banks giving regular people financial advice and having an agenda to loan out as much money as possible, regardless of peoples ability to pay for it in the long run. On top of that, the banks went on with business as usual and used bailout money for bonuses. People aren't raising up against corporations in general. Corporations that produce products and helps the economy grow. That's just a spin some media outlets put on it, to discredit the protesters. It's the greed and lack of responsibility from those who played a big part in causing the financial breakdown that I believe motivates and angers these protesters. As well as the fact that the political system has been bought and paid for by these same corporate money interests. It's corporations who make money from manipulating the system, influencing the political system into making laws that can benefit them instead of the american people that is the problem. Not businesses that actually produce something, and employ hard working americans.
It wouldn't sound ass good if the protesters said "We are the 99.87%". The 99% isn't to be taken literally. That's how I see it at least.