Why Occupy Wall Street Is Really Mad--
We know what Occupy Wall Street is really mad about.
Cheating.
We know what the Tea Party is really mad about.
Cheating.
Neither group is really mad about a few people winning (getting rich).
They are mad about cheating.
Wall Street cheated and got away with it.
It's similar to the Lance Armstrong story.
There is no legal proof that Lance Armstrong ever took performance enhancing drugs.
There are however, several eye witnesses who will tell you that they saw him take dope.
For the average European cycling fan, this is why they hate Lance Armstrong.
From their perspective, Lance won because Lance cheated.
The Wall Street Bankers were ingenious in how they got around the system.
When a Wall Street banker or bond trader made a bad bet, they didn't get foreclosed on like the home owner who took out a loan that he/she could never repay.
There was no punishment for the banker. Actually, the bankers got the exact opposite of a punishment: Rewards!
The banker got free money from the tax payer to take care of his stupid bets.
There was a punishment for the home owner: FORECLOSURE.
There was an incentive given to the banker. He/she could be wrong, and cheat and they would get a governmental bailout.
It's not fair!
They cheated. They got away with it. They keep getting away with it. And when they get caught cheating, our rule makers do nothing about it.
OWS, and the Tea Party are mad for the same reason. They just haven't figured this out yet.
OWS is more focused on the banks.
The Tea Party is more focused on the politicians.
In the not too distant future, we think that the these two seemingly different groups will merge into one group that is committed to one thing:
Stop the cheating.
Cheating.
We know what the Tea Party is really mad about.
Cheating.
Neither group is really mad about a few people winning (getting rich).
They are mad about cheating.
Wall Street cheated and got away with it.
It's similar to the Lance Armstrong story.
There is no legal proof that Lance Armstrong ever took performance enhancing drugs.
There are however, several eye witnesses who will tell you that they saw him take dope.
For the average European cycling fan, this is why they hate Lance Armstrong.
From their perspective, Lance won because Lance cheated.
The Wall Street Bankers were ingenious in how they got around the system.
When a Wall Street banker or bond trader made a bad bet, they didn't get foreclosed on like the home owner who took out a loan that he/she could never repay.
There was no punishment for the banker. Actually, the bankers got the exact opposite of a punishment: Rewards!
The banker got free money from the tax payer to take care of his stupid bets.
There was a punishment for the home owner: FORECLOSURE.
There was an incentive given to the banker. He/she could be wrong, and cheat and they would get a governmental bailout.
It's not fair!
They cheated. They got away with it. They keep getting away with it. And when they get caught cheating, our rule makers do nothing about it.
OWS, and the Tea Party are mad for the same reason. They just haven't figured this out yet.
OWS is more focused on the banks.
The Tea Party is more focused on the politicians.
In the not too distant future, we think that the these two seemingly different groups will merge into one group that is committed to one thing:
Stop the cheating.
Posted by The BalanceZone Team at 10/30/2011 8:29 AM 
Categories: BZI Observations
Tags: Alternative Investment strategy to modern portfolio theory
Categories: BZI Observations
Tags: Alternative Investment strategy to modern portfolio theory
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