Showdown in Chicago is an attempt by the working blue collar class to fight wall street and demand that bailout money that was given to the banks be redistributed to the middle class who are struggling to stay in their homes.
The banking institution is meeting this week in Chicago and protestors from all over the country have come to Chicago to greet them as the bankers meet at various financial institutions that are located in Chicago.
Twitter messages and blog articles are trickling in about the protest. One twitter message that I found interesting stated, where are the tea party protestors?
There really is a divide between the factions that are protesting the banks. Unfortunately, the romanticism of a Barack Obama presidency lured many to support Barack Obama over Hillary Clinton even though Hillary Clinton was really much more qualified and would have had the benefit of a husband who had previously been president to consult with when necessary.
I truly believe that a Hillary Clinton presidency would have prevented the massive foreclosures that are going on. Additionally, the tea party protestors and the community activist forces protesting in Chicago might have found themselves having more common ground than they currently do.
On one side of the divide are the union employees and community activists that frankly, seem to think the only ones being oppressed are african americans and latinos. On the other side are the tea party protestors, who probably skew more white than any other race.
Somehow, the issue of race has polarized groups that should be unified against the banks, into either ignoring each other, or feeling threatened by each other. The root cause may have occurred because Barack Obama did several things in the 2008 democratic primary that may have ultimately polarized his party rather than unify it.
2 comments:
The only way to stop the credit card and banking companies from stealing by usury is to make their business unprofitable. I personally am considering defaulting on my cards because of interest rate hikes that are unwarranted. I have not had one late payment or missed any payment, but their actions seem to be pussing me toward default. Therefore, I am considering opting out of the system. If I can't win no matter what I do, them why pay them back. The statute of limitations is four years.
We definitely need to reduce their access to our wages. There is a solution that would involve acutally offering low interest rate incentives to consumers who are trying to pay down their debts.
Unfortunately, banksters simply give donations to presidential candidates and they back off on offering real change.
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