abelenkpe
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Tue Oct-04-11 01:05 PM
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"Capitalism, the system "Occupy Wall Street" so feverishly wants to bury, operates on the principle of voluntary trade, not occupation and threat. Capitalism treats men not as sacrifices for the public good, but as independent individuals with their own lives. From the professional on the trading floor to the kid selling lemonade, investors know that if you want something from someone else, you can't simply demand it by occupation, you have to trade for it, just as others must trade with you."
Is it a fair trade when most salesmen are trained and encouraged to sell customers more than what they need or were looking for? Is it a fair trade when in order to retire, get needed health care and not starve one is forced to gamble with their savings because no one would ever be able to honestly save for their retirement with saving rates at .25%? and then to enter the gambling casino of wall street one needs a special education or insider knowledge to possibly have a chance at keeping up with a rigged game and HFT? Is it a fair trade when home buyers are told to "get in now or be priced out forever!" "Home prices only go up!" "I know you can afford a fixed rate mortgage but why do that when you can pay less and upgrade in a year or two?"
The financial industry has been preying on customers and continues to prey on customers, nickel and dime-ing struggling workers while lavishing their CEOs with bonuses and outrageous salaries. The financial industry has sacrificed nothing, while the rest have been struggling. They are in serious need of a comeuppance and the first political party to stand up to the FIRE industry will be seen as a hero. Stand by and continue to do nothing and risk losing. The elections are ours to lose. The republicans are crazy lunatics. They should be easy to beat. If democrats lose it will be because they didn't ever take a big stand for American workers against corporations and the financial industry.
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