I’m a simple man. A young man of the Midwest. Grandson of famers. I pray on my knees. Cynicism a tad younger than my time because of the tv box and the interweb. Write in creepy Ernest Hemingway sentences. I know better than to trust a bunch of hippies and hipsters and probably some other group with the prefix “hip-” that I’ve never heard of. Occupy Wall Street is a group without a clear agenda rambling about in the country’s major metropolis. Let us not forget the Huns did not have organized plans went they enter Rome, neither did the Mongols in Baghdad. Kicking the fat cats out is something I might support, but I will need diagrams.
Except maybe in this case.
In this case, there might be method to their folk music madness.
Stronger regulation of the financial market is supposedly the interest of the Democrats and their various interests. GOP Presidential candidates are traveling the country speaking about the dangers of regulation in all forms. But it seems to me there’s another group besides dirty liberals who might have an interest in putting stronger watchdogs in charge of Wall Street: Plutocrats. The U.S. Chamber of Commerce. The chimerical small business owner, haunting the dreams of all politicians. If I was the President of Ford, I would go to Capitol Hill and say, “Look, these guys drank my milkshake. The car market was KILLED after the crash. How was I supposed predict this? I was building cars, I can’t follow the mortgage business. You have to keep a sharp eye on these guys. You can’t let them make up the rules as they go along. You can’t reward the bad risk behavior of these banks or their employees.” A self-serving statement, of course, but there’s simply no reason that industrials or other businesses wouldn’t want this to happen. Except maybe…they don’t want problems at the yacht club.
If you’re a big time business owner, you KNOW these Wall Street bankers. You party with them, eat with them, drink with them. You see them around. You don’t want to harm them and you rather have them scratch your back when it comes to deregulation.
Maybe only destroying the culture behind Wall Street. Closing the place down, send the boys home, maybe that’s the only way businessmen will separate themselves from the bankers. George Bailey’s Savings and Loan doesn’t just make sense for the little guy, it makes sense for the shopowner and the tycoon. And if you can help all three, well a little pillaging is a small price to pay. The masters of the universe can go back to telemarketing.