Monday, October 10, 2011

Occupy Wall Street == Tea Party

I'm not really qualified to make this kind of statement, but aren't they germinating from the same forces of economic discontent and an anger at the utter unfairness at the way the government has handled this economic downturn?

Which is why this kind of comment is so dumb.  I know I know a lot of this kind of commentary was coming from the left about the Tea Party crowd, but this whole, our protestors are better than yours is kind of tiring nonetheless.

One of my critiques from the Tea Party crowd is that they were just against a lot of stuff but weren't proffering any solutions.  My sense is the same from the "Occupy Wall Street" crowd as well.  I'm not sure if just outright anger is enough, although there are a lot of justifiable reasons to be frustrated and angry.  What we got from the tea party is a Congress that pushed our government to the brink of default and a lot of nationalism (close the border!) and anti-poor rhetoric that would make a hash situation harsher.  I'm not sure what we'll get from this group.

But one thing I'm certain of, is there cause is more than justified.  Wall Street investment banks are largely responsible for our current mess; the government has become too beholden to them; and we are priming ourselves for enough bubble/crash as our biggest banks have gotten even bigger and more powerful since the crisis.

But both groups are basically about the same thing, that tax payer funds went to bail out rich bankers who refuse to change their ways or to even express an ounce of remorse or regret.  It's the same transaction, tons of government money going directly toward the banks.  The tea party group just vented against the government side of this transaction.

Why can't the two movements coalesce, find common cause, and work together to get the government to work for them. Getting the tea party to unite with rich bankers who are getting, in effect, billions of dollars in corporate welfare has been a coup for the bankers who have used that anger to redirect back at Obama who has been in their back pockets all along. I am rooting for the "Occupy Wall Street" gang, but I think this movement could be much more powerful if the tea party recognized that they were both on the same team. Depicting this group as blue-haired hippies doesn't help things a long on this front.

No comments: