On Saturday. The CBC tells us that it is the harbinger of an economic awakening and:
Canadian organizers are revving up their plans for the Occupy Wall Street-conceived global action day, the most adventurous idea yet for a movement that some experts say has the potential to trigger a major shift in the economic thinking of governments and big corporations.
Here we can see some of the organisers. I think I spot a couple of Macbook pros, a Macbook, a Dell and an HP laptop, all brought to the anti-big-corporation occupiers courtesy of big corporations.
I was planning on attending, but have decided instead to experience my economic awakening in the comfort of my study where I can savour the onset of a new epoch of halcyon accord without distraction.
It feels like the ’60s again.
Wasn’t the trigger for all this the huge bonuses the CEOs of the bailed out companies got? Or the (lack of) regulations that allowed the banks and savings and loan companies to take ridiculous risks, because, after all, they were too big to fail? What do you think of those issues? Do you think the US could learn from the way Canada regulates our banks? None of ours needed to be bailed out, after all.
The huge bonuses may appear absurd, but I think the real issue is one that has always been with us: wealth and envy of another’s wealth. From a Christian perspective, it’s the love of money that is the root of all sorts of evil, not money itself.
I’m not an economist, but it seems there is more than government regulation in play. In general, I think when the government steps in it tends to make matters worse.
A group called Adbusters is behind the Canadian Occupy Fad. Their main interest appears to be the overthrow of capitalism.
Sorry, I only skimmed your post,I was talking about the Wall Street occupation. I think you may be right about the Canadians, they are just copy cats. I think the American protesters do have something to protest against. People are losing their homes left right and centre and CEOs of *failed* banks are getting bonuses? That’s not right. If the US banks were regulated like ours are, it seems to me that the banks wouldn’t have failed and there’d be no need for the protests….
Seems to me that adbusters is against mega corporations, not capitalism per se.
http://www.adbusters.org/campaigns/blackspot
So who do you think loves money more – the captains of Wall Street and those whose interests they serve, or the protesters? Come judgement day, I’ll give greater odds to the protesters. I’m in no position to collectively judge them and assume they are all acting out of greed and avarice.
I agree Kate. I don’t understand what is being protested in Canada.
I listened to one on CBC Radio 1 yesterday, sounded typically 60’s Marxist.
I suspect my hard-working, ultra-conservative, farming relatives in AB have an equally dim view of Wall Street. What’s up with that?