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Reply to "Let me clue you in about OWS"
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[quote=TheManWithAUsername][quote=Anonymous][quote=jsteele][quote=Anonymous]OWS has suffered from #messagefail ever since it decided it was angry at the banks and showcased that by ... protesting the stock exchange. The hell? [/quote] The name of the movement is "Occupy Wall Street". The symbolic importance of the New York Stock Exchange to Wall Street should be clear to even the least perceptive among us. [/quote] Um, the stock exchange is just a marketplace. Traders didn't design credit default swaps. Hell, they didn't even trade them. Certainly not on the NYSE. That, actually, was part of the problem -- the lack of transparency. You might take the time to actually understand how these things worked before you get up in arms over this. The stock exchange didn't cause the financial crisis, the banks did, and if you think they are synonymous, you are wrong.[/quote] How dense are you? He just said that it's not about the exchange. "Wall Street" is generally used to refer to a business district that includes not only traders but - duh - investment banks, and even more commonly to refer to that segment of the economy. Why don't you just complain that a NYC thoroughfare never did anything to offend someone? When there's a march on Washington, to you complain that the city council and the mayor have no influence over federal policy? When a bunch of people identify themselves as being in the bottom 99% economically and stage a demonstration at the financial capital of the world, you have to be about as dense as you not to get the message that they are complaining about economic inequality and oligarchy. The Tea Party had no geographic focus and a nonsensical name, and we had no trouble understanding that they were complaining about spending by black Democratic presidents.[/quote]
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