My parents came to the US with nothing about 35yrs ago, and yet here I am without having to touch a student loan, never using credit/debt, living comfortably renting, have a car, have a dual core smartphone, have a gym membership, and yet only spending about 40% of my income while the other 60% is in savings. I don't smoke, rarely have an alcoholic drink, not fat. I didn't even have to work during high school, nor during college.
While my family believes in an attitude to "endure hardships", I certainly have not subjected myself to survive in squalor. I definitely have squandered money one time or another for my own entertainment. Raising minimum wage, increased taxes for big business, and bigger unemployment handouts won't make things better. If my family were able to claw their way for me to be here as I am, everyone else should have had the same, if not better, opportunity. So tell me, if we're all living under the same government, why am I not one of those people piled under tens of thousands of dollars in debt?
HOWEVER, OWS isn't some festival where we all gripe about our problems or the problems of other individual people. The real crux of the matter of whether OWS is right to be doing this is based on that 1% is in fact greedy and corrupt to a significant degree over the 99%. I would like to argue that the 99% are NOT all angels. Some of us are greedy and corrupt too. Some of THOSE people also make bad business deals. Those are the people that are so in debt. There are people that are not greedy and take on debt in good faith of repaying, but end up being sucked dry through small print. They've been duped by the greedy and corrupt 1%. But like regular individuals, that 1% is not all greedy or corrupt. Many even donate towards awarding scholarships for education, charitable aid, international disaster relief, etc. Being rich or poor has NOTHING to do with whether you're greedy and corrupt or not. MONEY is INDEPENDENT of GREED.
This shouldn't be labelled as a battle of the 99% have-nots against the 1% haves. It ought to be a battle against the greedy and corrupt, starting with those who wield the most (financial) power. Big banks certainly have played a part (those lying about better risk ratings on toxic assets, and those that looked the other way), but they aren't the only ones. Those in government that have been looking the other way better shape up. People are tired of putting up with finding hard evidence of corruption and waiting for crooks to slip up, so now people are blaming the government in general. If they're willing to cover up in fear of their own survival in office, then the people will now start forcing them to take their fair share of blame.
Last edited by FNugget; Oct 13, 2011 at 03:33 AM.