Nov
Occupy Fizzle
The “Occupy” movement is winding down. In several cities, the camps are being removed by force. Problems are creeping into their camps. For example, the homeless and street creeps are moving into several of the camps. Disease is also a problem as we enter the cold and flu season. The various Occupy camps have made a ruckus, but they have not made a difference.
The only known figure from the camps is an Iraq war veteran who was badly injured by police. None of the Occupy camps have produced recognized leaders or spokesmen. While they are fueled by economic discontent, none have actually put pressure on the financial entities. They should have made some kind of wider impact by now. Instead, the adherents of the Occupy movement content themselves to keep their camps going.
The purpose of the movement is a good one. They want to call attention to the economic woes and how the financial leaders have run roughshod over the people. In this time of dashed economies with no end in sight, the Occupy movement calls attention to something that affects all of us. They have a good idea but they do not have effective ways to implement it. For instance, they have not put a face to either side of the issue. There are no leaders of such impact as to put a face on the movement. On the other hand, they have not identified opponents who put a face on their adversaries.
The Occupy camps have become more of a neighborhood nuisance than a challenge to the institutions and individuals they oppose. Their marches and other activities do more to hinder average folks than the people behind our financial difficulties.
The Occupy movement lacks leadership, focus, direction and a personal appeal. Time is running out. The movement is losing the battle of attrition. It has already lost the initiative. They had a lot of people and energy. In order for energy to do anything, it has to be focused and directed into productive directions.
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One of the bogeymen of the current crisis is the Bank of America. Its policies, such as new fees, have angered people because the bank had taken bail-out money. People feel betrayed. Another betrayal is that the Bank of America allows illegal aliens to get accounts. In some towns, such as mine, the Bank of America looks more like Banco Mexico. It is pretty weird to feel like a foreigner in your own bank. Bank of America is no longer my bank.
Most of the people holding Bank of America accounts had used other banks that were acquired by Bank of America.
My wife and I took our money out of Bank of America and put our money in a credit union that supports military personnel and veterans. Frankly, I have a feeling things are only going to get worse with Bank of America, and I sincerely doubt it will remain intact. My prediction is that Bank of America will be crumbling by six months and will be a non-entity within two years.