Think about this for a minute. When a homeowner takes out a mortgage, he signs a contract that requires him to pay back that mortgage. It is understood that if he cannot pay the mortgage, he will lose the house. The subprime mortgage market was the result of government pressure to issue mortgages to people who could not pay them back. The banks then had to find a way to share the risk of these mortgages. The problem was partially the banks, but the root of the problem was the government. Why are the protesters protesting the banks and not the government?<\/p>\n
While we are on the subject. The handbook used by Bill Ayers and Barack Obama during their organizing days in Chicago was\u00a0Saul Alinsky\u2019s Rules for Radicals. <\/em>As you watch the demonstrations on Wall Street, you need to keep the principles of this book in mind.<\/p>\n 11.\u00a0 Pick the target, freeze it, personalize it, polarize it.\u00a0 Don\u2019t try to attack abstract corporations or bureaucracies.\u00a0 Identify a responsible individual.\u00a0 Ignore attempts to shift or spread the blame.<\/strong><\/p>\n They have not yet picked a person to demonize, they are simply demonizing banks and big corporations. Another thing to remember is that union leaders are supporting this protest. What is the difference between the union leaders who get rich off the dues of their members and the so-called corporate ‘fat cats’ who are actually responsible for producing a product?<\/p>\n Listening to the comments of the protesters, I am convinced that what they want is to get everyone else’s money without actually having to work for it. Many of the protesters are spoiled children who do not want to pay back their school loans or accept the responsibilities of adulthood. I suspect they will be gone as soon as the weather gets cold–they are not thinking for themselves–they simply are buying a story someone is selling them. Until they find their own purpose, they will lack the direction to accomplish anything meaningful.<\/p>\n
![\"Enhanced](\"http:\/\/img.zemanta.com\/zemified_e.png?x-id=ddee480b-7b9b-416b-8a10-5d33634fddae\")
<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"