Occupy Wall Street and the Tea Party

There have been a lot of negative stories portrayed about the Occupy WallStreet movement. These stories appear to be coming from infiltrators from the outside, trying to find the worst of the worst to show the protesters in a negative light.

The Tea Party claim does have some merit. The OWS movement is made up of mostly Millennials instead of Baby Boomers. There have never been any arrests of Tea Party protesters whereas hundreds of OWS protesters have been arrested. It has been pointed out by many that members of the Tea Party mostly have jobs, whereas members of the OWS movement do not.

Of course this is part of why the movement has gained so much steam. Many of these Millennials, who have been told since they were little that in order to be successful all they needed to do was stay in school, get good grades, and graduate from college, are now looking at grim prospects at getting a job after graduating from college. At the same time, they see the investment bankers, hedge fund managers, wall street traders, living it up with high salaries, even higher bonuses, and in many cases lower taxes.

Therein lies the largest difference between the Tea Party and the OWS movement. The Tea Party puts the blame mostly on big government and high taxes. Their proposal to solve the problems are to limit the size of government by reducing spending, and to lower taxes for everyone. The OWS movement puts the blame mostly on what they call 'corporate capitalism'. While they do not have a proposed set of solutions to combat the problem, a lot of the Wall Street Protesters seem believe that there needs to be some way to even the playing field. I have heard proposals such as reinstating Glass-Steagall, which prohibits consumer banks and investment banks from operating as one unit; instituting a tax on financial transactions, which would limit the profitability of computer mass trading; adding additional taxes to upper income earners, which the WallStreet Protest members argue would even the playing field. As you can see, many of the proposals from the OWS movement are quite the opposite of the Tea Party. They seem to want more government regulations and higher taxes.

The Tea Party and the OWS movement share many common goals. The reason why the two groups don't see eye to eye is that their proposals to fix the problems are very different. That is why the Tea Party has been out in force trying to make the OWS movement look bad and keep them on the sidelines. If Americans start to see that both movements see the same problems but have different ways to solve them, the Tea Party loses its luster as the grassroots movement that has all the solutions.

Law to Save Wall Street Protest

In February of 2010, Mervin Fried was arrested in Kingman, Arizona for bringing a symbolic pitchfork to a protest in a county administration building. Fried argued that the county already allowed citizens to carry guns-a more dangerous weapon-into government buildings, and was later acquitted.

Most notably, in November of 2009, ten protestors angry over ObamaCare were arrested for engaging in disorderly conduct outside Nancy Pelosi's office in Washington, D.C. The ralliers were discovered to have been organized by rabid anti-abortion activist and Democrat Randall Terry of Operation Rescue.

Let's not forget the recent riots abroad, mostly in Western Europe, inspired by the Occupy Wall Street protests. It's awfully close, but I'm going to have to suggest that Occupy Wall Street is less law-abiding than the Tea Party. Yet to hear the mainstream media present it, Occupy Wall Street is every bit as peaceful and legitimate as the Tea Party.

The disparate treatment given to these wildly uneven tallies reflects the double standard set by the left-leaning media: One Tea Partier raising his fist in anger over intrusive government is as alarming as one thousand Occupy Wall Street protestors clashing with police.

Some commentators have noted that Occupy Wall Street and the Tea Party both began out of anger over the nation's largest banks being bailed out. Though the sources of their grievances overlap, the Tea Party and Occupy Wall Street have used vastly different tactics to get across their messages. Ironically, the Tea Party, which is more suspicious of government, has been following the letter of the law. Occupy Wall Street, which favors more government regulation, has been trampling all over the law.

The Tea Party believes the government has legitimate, limited functions, such as the power of the police and courts to protect people from the initiation of force and violation of property rights. In contrast, OccupyWall Street believes legitimate functions of government include providing universal healthcare, free college education, and a living wage; naturally, they see its policing functions as rather superfluous and heavy-handed, if not downright militaristic.

Just before the fall 2008 bank bailout, which most Democrats supported and most Republicans opposed, President Bush infamously observed that he had "abandoned free market principles to save the free market system."

The members of an Occupy Wall Street movement that claims to be concerned with justice have been wildly indiscriminate in their violation of the law. Occupy Wall Street protestors apparently believe they must abandon our civilized system of government in order to save it.

Financial Plan For the Occupy Wall Street

Occupy Wall Street should just protest anyone who is wealthy. Our country was built on capitalism and so many of the millionaires today are self made. They had an idea or product, believed in it, and took some action.

I agree with business magnate, Mark Cuban, Occupy Wall Street should talk with shareholders and align with them. They should go to shareholder meetings and voice their concerns. And they should continue to go to Washington and protest.

There is frustration among the Occupy Wall Street protesters. There is a huge gap between what CEOs get paid and what employees get paid. It's too bad that educated Americans graduating from great American universities can't get jobs and feel like they have no hope for their future.

As this movement grows, it will most likely affect your financial plan. Here is my list of how Occupy Wall Street could affect your financial plan:

The U.S. stock market could face more mid single digit returns. That could affect your financial plan for retirement.

• For the U.S. stock market to go considerably higher, the financial sector needs to be one of the sectors to lead the rally. Banks face a series of headwinds: more regulation, less fee income, and exposure to the European financial sector.

• The growth will continue to come from countries like Brazil and China.

• U.S. stocks may have priced in higher tax rates for corporations. Corporations will have to pay more in taxes, which will affect how much they can reinvest back into their businesses.

• Emerging markets (Brazil, Russia, India, and China) may be where investors turn for double digit stock returns.

Many people who can't get jobs are taking matters into their own hands. They are starting businesses and beginning to take more ownership in their human capital - their ability to produce income based on their unique skill set. Consider modeling a financial planning scenario where you start your own business, and use that income to save for your retirement.

Occupy Wall Street Movement

OccupyWall Street movement has been in the news a lot since the movement began a few weeks ago, but now has no anxiety fast hard to talk about what they really want to see happen.

Not being a member of the group that I know what I like to see come of the movement, and the people I've talked lately it seems that everyone has the same things in mind about wall street protest and a willingness to put everything about what I want from the business and government in this article.

For my part, I'm tired of being fooled by all employers and the government and people in the government of being responsible for what they say and do in terms of what they say they will do for us because of wall street protest.

I'm tired of companies and the government are in bed together and tell us to do a certain thing in order to create jobs, but jobs never come, but the business benefits greatly from what happened to occupy wall street.

I want companies that say they need to move their factories abroad in order to have a competitive price wise with other companies only to let the same prices and profits are sour to be penalized. I think companies that do this must pay an import tax much higher and must also pay an income tax much higher than the local, state and federal levels to compensate for lost income people get carried away with this type of companies.

I do not want big business to be able to move easily from one plant in the U.S. for the same reason. The case concerned a motorcycle manufacturing company in Wisconsin threatened its employees to take a pay cut or they will move the plant to another state. This took place before the company announced record profits last year.

This happens not only with large companies but also real business happens in general. Another example of this happened with a good friend, she was working for a local company a little big when the company took many of the few benefits that are offered. Side by fellow workers to quit and a replacement was hired and was never told I had to do the job people too. Of course, she did not have time to do the work of two people.

When asked why he could not get her all the help I was told that the company was not making enough money to get help. When asked for a raise of 10.50 per hour to something higher than he said no. Four months later, the owner of the company spent $ 300,000 to give his daughter a birthday party. I do not envy anyone to do a lot of money and spending what they want, but not at the expense of all its employees.

Why can not these people see that if you can not do everything themselves that employees are the people making all the money they used to give that party.

The wall street protest / Occupy Wall Street

Wall street protest and Occupy World Street is about exposing lies, determining issues, and most importantly, acting upon those issues. Right now, the movement is in the second phase.