We Shouldn’t Ignore the Danger Of Occupy Wall Street
Occupy Wall Street is growing with protests across the country. We on the right have had fun making fun of the protesters protesting against capitalism and corporatism while using all the corporate products that we all enjoy, but I think it’s time we stopped making fun of them. Because whether you think they are silly in their demands, or radical in their speech, or that you don’t think that most even know what they are protesting, they can cause a lot of damage to our economy. The following from NRO is very telling.
Brian Phillips is the head of communications for the NYC General Assembly, the group primarily responsible for occupying Wall Street. I learned about him while listening to National Public Radio’s Morning Edition. According to NPR, Phillips is “an ex-Marine with a bachelor’s in computer science. Today he is wearing a sock on his head.”
“My political goal,” Phillips says, “is to overthrow the government.”
This isn’t some nutjob carrying a sign on Wall Street. This is their communications director. Now, you may shrug this off. But as this protest grows with young people without jobs and with crushing student loan debt, we will have the kind of chaos that Europe has experienced. Do you see where Europe is right now? These protesters may not be able to “overthrow the government,” but they can cause immense damage to our country.
I mentioned the student loans, because I have long thought that there were an accident waiting to happen. I have put two kids through college and I have another in college now. I was shocked at the number of friends they had, many from homes that could afford to pay for college, that took out tens of thousands of dollars of loans to go to school. There weren’t any boundaries to these loans. After they paid tuition and books, they could pretty much use the rest on anything they wished. And believe me they did. One friend of my son’s took a trip to Europe with his loans. Eighteen years olds, flush with cash, with no thoughts of how they would have to pay it back one day. I wondered what was going on with the loan program. What was the government thinking??? Now the chickens are coming home to roost. These young people are looking at this mountain of debt they owe, and they see no jobs in their future. There is a great deal of anger there.
One of the BEST articles I have read that explains this insanity is here. He explains why part of the demands of the Wall Street protesters is for canceled debt of student loans and a free college education, and what kind of young adults these loans have given us:
Student loans started out as a good idea. The GI Bill got the whole thing started, by having the government create a program that provided higher education for those who would otherwise be unable to afford it. The end result was a dynamic, educated group of former military people (trained, disciplined, seasoned and responsible) who helped sweep the country to great prosperity during the 1950s and early 1960s.
What most people forget now is that the GI Bill was payment for services rendered. In that way, it differed dramatically from student loans, which are payments for . . . what? It’s questionable whether those students currently getting “educated” at America’s top propaganda institutions . . . er, colleges and universities, will contribute anything to the economy – and we know that render any services to the American people, in the cause of American freedom, in exchange for those cash handouts.
… the loans have created a self-entitled group of people who, rather than pay off their debt, feel that it’s totally appropriate for them to attack others’ financial livelihood, as they’re doing now when they try to interfere with our nation’s economic core.
And I believe they WILL interfere with our nation’s economic core. That is why we need to stop mocking them, and realize how dangerous they are.