Herman Cain caught some well deserved flak for telling the Occupy Wall Street movement to “stop whining”. He attempted to defend his statement during a debate (TPM via Digby):
“I still stand by my statement and here’s why. They might be frustrated with Wall Street and the bankers,” Cain continued, “but they’re directing that anger at the wrong place. Wall Street didn’t put in failed economic policies. Wall Street didn’t spend a trillion dollars that didn’t do any good. Wall Street isn’t going around the country trying to sell another $450 billion.”
Point by point:
Wall Street didn’t put in failed economic policies.
Compliant Democrats and Republicans acting at the behest of and in the interests of Wall Street did. The phrase puppet-masters is often overused. Here it perfectly describes the situation.
Wall Street didn’t spend a trillion dollars that didn’t do any good.
Wall Street was what that trillion dollars BOUGHT. We the people paid for their criminal acts, their failure, their greed, with our dollars. This is like blaming your neighbor for spending $600 to repair the window you broke.
Wall Street isn’t going around the country trying to sell another $450 billion.
While it is true Wall Street isn’t traveling around trying to sell anything – it is because they do not need to. They have politicians to do that for them. On top of that sales effort is a larger one, to keep Americans stuck in a socio-economic system where the vast majority of us have no meaningful say in what goes on. Where money talks, money votes, and money rules. Wall Street may not be going around the country themselves, but they are trying to sell a lot more than a $450 billion stimulus.
Wall Street is trying to sell off our economic future to indulge their economic present.
Herman Cain is just another stock Republican candidate from Wall Street Inc.
Filed under: Analysis, Musings, Observations | Tagged: 99%, Economics, GOP, Herman Cain, Occupy Wall Street, OWS, Politics, Republicans, Wall Street | Comments Off on Herman Cain’s Whining Point by Point