Saturday, October 15, 2011

Occupy Wall Street in Vancouver

While the prostesters march and show their displeasure with the state of the economy, the mainstream media in BC, while covering the movement, will struggle with the why in order to discredit the movement.

The mainstream media will cover the story, but will. in their stories, ask enough questions such as: Why are they doing this, what do they hope to gain.  The so called mainstream reporters and commentators in BC and accross Canada will pretend to struggle with an answer and will conclude there is no reason. This theme of a confused movement, with no real issues, will be floating in the mainstream media over the length of the protest as they hope to discredit the movement.

However, there are legitimate reasons for the protest and they are being stated in a straightforward clear manner that show the level of problem here. The information is from the Business Insider posted October 15, and is worth a look. The author Henry Blodget has some clear answers, which I suspect will not ignored by the mainstream media in BC because to do otherwise would give credence to the protest, which is one thing that the rich in BC cannot afford to do.
Given that these are the same corporations that employ more than 100 million Americans and make the products we all use every day, this broadside did not resonate with most Americans).
So, what are the protesters so upset about, really?
Do they have legitimate gripes?
To answer the latter question first, yes, they have very legitimate gripes.
And if America cannot figure out a way to address these gripes, the country will likely become increasingly "de-stabilized," as sociologists might say. And in that scenario, the current protests will likely be only the beginning.
The problem in a nutshell is this: Inequality in this country has hit a level that has been seen only once in the nation's history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high.
In other words, in the never-ending tug-of-war between "labor" and "capital," there has rarely—if ever—been a time when "capital" was so clearly winning.

The link here is to a series of charts which support the issues raised above and may in fact shock the reader as they show how bad things are in the US. With Steven Harper and Christie Clark in power, we may be moving along faster down the path to these types of inequality.

Read more: http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10##ixzz1asSHRo00

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