General
Why Occupy Wall Street is Wrong-Headed
By Alex Summers
If you turn on the news, you will discover that the mainstream media is taking the side of the protestors in the Occupy Wall Street demonstrations across the country. The only outlet that is not giving this group a walk in the park is Fox News, who are trying to analyze the situation in their “Fair and Balanced” journalistic voice.
The media wants you to feel sympathy for the protestors, but many of the things they are criticizing are not based in fact but pure emotion. Here are some of the reasons why you shouldn’t blindly go along with the Wall Street movement as it pertains to investing in small business and commerce in America:
Less Investing
When the Occupy protestors stand out in front of large investment firms and banks with their iPhones, they are making the biggest ironic hipster gesture ever. The technology, research, and marketing that made the iPhone a possibility for everyone in the country was all funded by the same big banks and corporations they are protesting. Without firms like Goldman Sachs and CitiBank pumping money into companies like Apple, Google, and all of the social media startups, they simply would not exist. Read the rest of this entry »
