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| Madame Guillotine |
Occupying Wall Street, demanding accountability ... Occupy Wall Street is a protest movement covering a range of issues, with no clear leadership Many of the protesters are upset with growing wealth divide in the United States Nobody's being held accountable, one protester complains ... What does it all mean? "We're here for different reasons," said Vincent, whose father is also unemployed and recently went through a home foreclosure. "But at the end of the day, it all boils down to one thing, and that's accountability. We want accountability for the connection between Wall Street and the politicians." – CNN
Dominant Social Theme: Put them in jail or punish them for a long time. There will be blood. Or there should be.
Free-Market Analysis: There will be blood? During the French Revolution, the authority of the State was used to power the guillotine; CNN is happy to advance that same proposition in our view. Of course, the writer of this CNN story, Alan Silverleib, doesn't exactly verbalize it, but Roseanne Barr was happy to bring it up in an interview on Russia Today.
Ms. Barr was not entirely vindictive. She would allow a selected few on Wall Street to make compensation, perhaps in the US$100 million range. But eventually, she said, the guillotine would have to come into play.
Now, Ms. Barr, being a comedienne, was perhaps exaggerating for comic effect (or perhaps not) but Occupy Wall Street is certainly raising the level of rhetoric. The crowd is turning restive, even vengeful.
Daily Bell
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Dominant Social Theme: Put them in jail or punish them for a long time. There will be blood. Or there should be.
Free-Market Analysis: There will be blood? During the French Revolution, the authority of the State was used to power the guillotine; CNN is happy to advance that same proposition in our view. Of course, the writer of this CNN story, Alan Silverleib, doesn't exactly verbalize it, but Roseanne Barr was happy to bring it up in an interview on Russia Today.
Ms. Barr was not entirely vindictive. She would allow a selected few on Wall Street to make compensation, perhaps in the US$100 million range. But eventually, she said, the guillotine would have to come into play.
Now, Ms. Barr, being a comedienne, was perhaps exaggerating for comic effect (or perhaps not) but Occupy Wall Street is certainly raising the level of rhetoric. The crowd is turning restive, even vengeful.
Daily Bell
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What's the real goal of this protest? Frankly, it's probably a recognition that the center of power in the US doesn't reside in Washington anymore. It's on Wall Street. This protest dispenses with the middle men (the US government) and goes straight after the real power.
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