This guy makes a good point about why the original Occupy Wall Street started and what the original people were protesting.

The fact that no one was prosecuted for the bank failures (in fact most bank CEOs got huge bonuses from the bailout money) and that both political parties are in the pockets of the banks and corporations (Ron Paul being one of the few exceptions) should frustrate Americans. There needs to be changes to the system (bring back Glass-Steagall so that a bank is a bank, not an investment engine?), but very little has changed, which again should frustrate Americans.

Since the protests started though they are looking much more left wing (socialist) in their leaning. They have been co-opted from their original intent and looks like the socialist uprisings we saw in the US in the early and mid 1940s. All we need is to see the unions start to strike and it could dramatically change the direction the government is taking in the US. (listen to this episode of the hardcore history show to hear more about “the Red Scare”).

Occupy Canada

Given that Canada has largely avoided the financial and banking crisis that is hitting the US though I am a bit confused about the Occupy Calgary protests that are happening today. Alberta has an unemployment rate of only 5.4% and plenty of opportunity.

Photo by freestylee

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