Health & Fitness
Blood in the Streets, Wall Street's Nervous Autumn
While Congress tussles with the Jobs Bill, anger is rising from the street against "The Street."
There is a line from a movie, "Inside Man," in which a comment is made, "When there is blood in the streets, buy real estate," focusing on what happens in times of war and insurrection.
While it has been in the making, we now see the assault on Wall Street, which should have been the focus of the President when he was elected in 2008. The economic downturn in 2008 was fueled by Wall Street and the banks in the name of greed and enabled by lax oversight by our government.
The economic debacle has widened the gap between the "haves" and "have nots," in our country and has turned the American dream into a nightmare. The reaction to this loss of "The Dream" and associated losses in value of homes, retirement accounts, and savings accounts has been devastating to millions of Americans who have looked to Washington and have gotten no answers from the Icon of Hope, Mr. Obama and from the Republican leadership.
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The result is the current assault on Wall Street and as the movement mounts, and is better publicized, it may be a political force to reckon with once more mainstream types hop on the bandwagon. America has not been very receptive to revolution since the 19th Century, but it seems that movements such as the Tea Party and now, the anti-Wall Street types have gained traction through social media and the news media. The interesting issue is whether momentum from the Dump Wall Street movement will propel them into the mainstream.
It may be a mistake to discount these protesters as Herman Cain has done by characterizing them as losers. Americans are frustrated and more significantly, are angry. Washington has failed America and continues to show ineffectiveness. The banks continue to obfuscate, consumer prices for necessities of life continue to escalate, and Wall Street just continues to disregard Main Street.
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Americans are just plain angry with Washinton and want to throw the rascals out in 2012. The problem is that there are more rascals to take their place, so real progress is doubtful. The candidates for President continue to mire themselves in dogma and campaign rhetorric without real solutions.
So with the mounting pressure from the beleagured middle class, can Washinton really continue to ignore the "Dump Wall Street" movement?
