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Old 11-04-2011, 03:12 AM  
Paul Markham
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
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Quote:
Originally Posted by SomeCreep View Post
Im a Capitalist. The truth is OWSers aren't educated enough to realize they're advocating Communistic and Socialistic ideals. That's why Obama isn't getting behind the OWS movement.
Agreed.

Most of them think making the rich squirm is good. They think they have nothing to lose and the rich can bear all the burden.

Here's the real world.

The banking sector is an integral part of our lives. Where do you think all the money for the loans is coming through?

This sector holds lots of our money, pensions, loans, mortgages, etc. It is also one of the few wealth generating industries left in the West. Bring it down, hurt it or just piss it off. the consequences will be dire.

Yes it needs regulating, yes it needs politicians to stop thinking money grows on trees, public spending can automatically generate wealth. Above all it need the populations of the Western countries. To realise they have to live off what they earn and not expect borrowing to pay the bills.

When the shit hit the fan for Eva and I, we had no debts, we had money in the bank, the credit cards were dormant, charge cards were no problem. We survived something that would put most out on the street.

The shit hit the fan for the US and EU so hard it knocked the fan over. And the debts were the problem.

Simple look at a complicated problem. Essentially the banks own our asses. If you owe them money, they own your balls as well.
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