The Wall Street Protestors

Community Leader
Registered: 04-07-2008
The Wall Street Protestors
8
Tue, 10-11-2011 - 8:36am

Have any of you been watching news about the Wall Street protestors? What do you think-heros or just a mob?

Has anyone been to the area? What's it really like right now?

Karla
Community Leader
WALKING
EXERCISE and HEALTHY LIVING

Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Sun, 10-16-2011 - 12:25pm

Since you posted this, the whole thing has grown big time! I think people are tired of the 1% being given all of the breaks while the 99 is expected to 'sacrifice'.

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Community Leader
Registered: 04-07-2008
Mon, 10-17-2011 - 10:21am
I've been watching it grow, especially over the last few days, and notice it's starting to take on some organization with a little help from the media. I'm not sure what to think about it.

I saw a guest on one news channel saying the protestors want forgiveness for college debt since a job in their studied feild didn't work out for them. I was a little aghast over that and haven't seen any other statements to that affect but surely people can't think they should be forgiven college loans because they didn't get a desired job. Have you heard any such thing? I'm just curious how accurate that really was.

Karla
Community Leader
WALKING
EXERCISE and HEALTHY LIVING

Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Mon, 10-17-2011 - 12:42pm

I think that the problem is they don't have a 'set' agenda. It means different things to different people. That confuses... BUT the point still is, elected officials need to represent the 99% not the 1% alone.

Did you hear what Herman Cain said? "If you don't have a job and are not

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Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Mon, 10-17-2011 - 2:33pm

Karla, I just got an email wanting to 'forgive' all student loans. I am not going to sign it. I had a teacher's scholarship.

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iVillage Member
Registered: 07-24-2011
Mon, 10-17-2011 - 3:08pm

I think it's ridiculous. I think that there's not enough clarity about what the protestors are asking. Too many people want to know if they're tea partiers, left-wingers or right-wingers, and what is their real goal? It's been lost in all the hype. In theory I'm not against speaking up for the rights of the people paying ginormous taxes or just trying to make ends meet while those who got bailouts give bonuses to their employees, but I am against college-loan forgiveness. What gives them the right to be any different than those of us who paid for our degrees many years ago but now can't get a job due to the economy or the death of a certain field? And how does that help the economy any?

It seems like now it's a crime to work your butt off at a business and get rich. Your sacrifice isn't considered, just your bottom line. Rich=evil in so many's eyes, and that's ridiculous. Everyone should pay taxes, but let's face it, some out there do work harder than others (by choice..there are those who work to get ahead versus those who are quite satisfied with where they are, and there's nothing wrong with either) and that shouldn't be a reason alone to have to pay more than someone else. My friend's brother owns a multi-million dollar company that he started from scratch a while back. He got lucky back in the '90s and it hit pay dirt, but he also put off having kids and almost got divorced because his wife never saw him. Now though, they have four kids with college savings accounts and they are very happy. The problem though? He pays taxes and it's way more than what someone else would pay. Why should he have to pay an extreme percentage? This is a guy who gives hundreds each month in tithing and they also foster children, giving the money they receive to a charity and each year he gives out a college scholarship to a kid in the neighborhood. You don't get a lot nicer than that, but they want to continue to tax him simply because he worked so hard to get his business to where it is. Way to punish the nice guys. He paid his college bill. So did a lot of people I know except some of them had to swap careers. Welcome to the real world is my feelings, there are no guarantees but asking to have our loans forgiven now is just a stupid side-track from the point and is going to make it lose focus, imo.

Sherilee

Community Leader
Registered: 04-07-2008
Mon, 10-17-2011 - 3:09pm

Hi Cheryl,

So it is true then. I have to admit when it comes to student loans I am have very mixed feelings. I have been thinking about this a lot. I have three children in college and my husband is taking classes. We are some of the few paying our own way (there is actually a lot of information out there on how to pay for college without

Karla
Community Leader
WALKING
EXERCISE and HEALTHY LIVING

Community Leader
Registered: 04-07-2008
Mon, 10-17-2011 - 3:26pm

Hi Sherilee,

I have a brother who did the responsible thing and went to college and payed off all his debt before getting married and having children. His wife did the same. He dedicated 12+ years of his life

Karla
Community Leader
WALKING
EXERCISE and HEALTHY LIVING

Avatar for lizmvr
Community Leader
Registered: 06-06-2001
Mon, 10-17-2011 - 5:18pm

I don't agree with bailing out private companies, and I don't agree with forgiving student loan debt because people can't find jobs in their chosen fields currently.

I also know that the top 1% of individual working income earners, even after loopholes and deductions, pay significantly more in income taxes than the bottom 40% of workers who pay no income tax at all after their own loopholes and deductions and exemptions.

Liz


Clinical Research Associate


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