Wednesday, October 5, 2011

Occupy Wall Street?

I confess I am absolutely mystified by the Occupy Wall Street protests. There doesn’t seem to be any coherent theme or agenda behind the protestors.

Are they advocating specific regulation in the financial industry? I certainly can’t tell that from the news coverage. Are they attempting to disrupt operations on Wall Street? If so, the organizers flunked out of protestor camp, because it is business as usual.

Now the labor unions are getting involved. Several unions have announced plans to join the Occupy Wall Street protests. The unions appear to be supporting the idea that union members should be getting higher wages and better benefits. What this has to do with credit default swaps and collateralized debt obligations is anybody’s guess.

The most recent stunt was for some of the protestors to wear zombie makeup and pretend to be zombie corporate workers. I’m just not sure what that is supposed to symbolize.

Lots of questions, and not very many answers. I know why the protestors are getting on the news every day. Protests make for great television visuals. But if you cannot articulate what you stand for, don’t be surprised when you don’t get what you want.

Unless you want to be an extra for the TV show The Living Dead. Because the protestors are getting great training for that.

1 comment:

Mark Only said...

agreed....complete waste of time and effort...if they really wanted to help they would spend less time protesting and more time getting a job...