Sunday, October 9, 2011

Occupy Wall Street protesters: American patriots

Roland Martin, Opinion, CNN:

As a supporter of Occupy Wall Street, I understand fully the sentiment that is being expressed. The massive corporate greed that has devastated the wages of the common worker, and seen the pay of a bunch on Wall Street go through the stratosphere for literally making nothing tangible, has been immoral and obscene.

Wall Street and their protectors in Washington -- Democrat and Republican -- say nothing is wrong with making a profit. That is absolutely true. But what is shameful and outlandish is to watch the American taxpayer save the jobs (and big bonuses) of these financial miscreants, only to see them jack up fees left and right. Without the American people they would have had to pack up their belongings and hit the pavement. Instead, they refuse to work with homeowners struggling to meet the big mortgage payments that Wall Street helped underwrite; then sell in exotic transactions that wrecked this nation's financial infrastructure.

Conservatives call this an assault on capitalism. No, Occupy Wall Street is about trying to bring some decency and honesty back to an industry that used to have some. Instead, what we have today are literal financial pirates trying to take the largest booty they can find. They don't care about the long-term health of this country. It's all about the next quarterly earnings reports and their massive year-end bonuses.


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