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Monday, October 03, 2011

Blaming Wall Street Is Wrong

The Blame Wall Street meme is back. A popular movement called Occupy Wall Street is attracting attention by protesting in and around the US financial district. In this editorial, I want to examine what the protest means in a larger context.

The impulse of the demonstration is surely correct insofar as it goes. Today's monetary system is likely creating a kind of globalist society verging on feudalism. But are the fingers pointing in the right direction? I'm not so sure. We've written about this in the past, here:

Goldman-Sachs the Anti-Christ?

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1 comment:

  1. Allowing wall street to buy influence in Washington is wrong and its come to politicians need our votes but need their money and we taxpayers are forgotten about afterwards.Goldman Sachs should not be allowed to have the fastest trading computer on earth just to rack up profits.

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