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Old 10-06-2011, 02:22 PM   #119
Thunderball
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Join Date: Aug 2002
Location: Calgary, AB
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These protests are pointless until people look themselves in the mirror and realize that they are the root cause of this problem.

Way too many people live way outside their means, and as a result, elect politicians on either side of the spectrum who promote this lifestyle by introducing irresponsible legislation on lending and borrowing. As a result, they allow banks to get into this ridiculous game of handing out money where they know they shouldn't. People jump on that wagon, and then blame the small percentage getting rich on the ridiculous game handed to them.

Simply blaming the last visible link in the downward spiral isn't going to solve anything. Neither is simply assuming its "the man" keeping them down.

I know more than a few professional doctoral students (who should know better) with $150,000 debts going on fancy vacations, driving newer vehicles, buying designer clothes, and going out for drinks several times a week... who then blame "the system" when they can barely afford to pay down their debt with the salary that firms offer them. We have to stop looking at our parents (the baby boomers)... they are the generation at fault. We need to look back at our grandparents (the war time generation) and how they handled money. Then we have to demand that sort of fiscal prudence from our governments... even if that means doing without some things here and there.

Until people are willing to embrace austerity and living within their means... these protests mean nothing.
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