Monday, October 24, 2011

Is Occupy Wall Street Communist?

 Is Occupy Wall Street Communist?

Occupy Wall Street is not communist in the sense that it does not receive marching orders from the Kremlin, nor is it likely a part of any international communist conspiracy. Indeed that form of Communism imploded on its own rot when Moscow lowered the hammer and sickle in 1990. Putting aside the openly announced influence of Moveon.org, the Tides Foundation and other left-wing entities that have received financing from billionaire George Soros, OWS is indeed an organic movement that finds sympathizers and attendees from amongst the curious and the fashionable, the same type that mostly populated the be-in’s during the 1967 summer of love.

Philosophically, however, as opposed to literally, OWS is communist. The Tea Party criticized the taxpayer bailouts of the big Wall Street behemoths Fannie Mae and Freddie Mac along with the bailouts of AIG and the big banks that built their houses upon the shaky Fannie and Freddie foundation. The Tea Party criticism was over the misuse of taxpayer funds to prop up these entities that, as was revealed in 2008, were guaranteed a tax funded bailout as part of their contract. The Tea Party position was that these entities should have re-organized after bankruptcy and that the blow to the economy should have been lessened with a moratorium on taxes as a means of allowing for a natural stimulus that would be drawn from earned capital as opposed to government controlled debt stimulus based on increasing the national debt.

OWS has expanded the Tea Party criticism to include all successful companies and high earners, those they call the top 1%. Rather than allowing the economy to correct itself with policies of low taxes and favorable business regulation, which would encourage savings, investment, and economic recovery, OWS favors raising taxes and penalizing big business. Their particular focus is on Bank of America. They lust over the idea of screwing the man, as long as the man isn’t George Soros, without evident concern over the economic consequences of the collapse of large businesses. In this regard they appeal to the basest human instincts which are envy, coveting the property of the richer neighbor, and greed, the attainment of unearned property and benefits.

OWS does not seek a just system in the sense of supporting a system that protects the individual achiever, one that promotes success, creativity, and prosperity, but rather they seek to replace that system with a collective. They are creating their own make-shift simulated self-governing entities where decisions are arrived at collectively or through a Council. The Russian word for Council, it should be point out, is Soviet. They seek to address economic disparity by raising taxes and by expanding the size and authority of government. They seek to further expand the welfare state by advocating the creation of “jobs” that are funded by the taxes of the private wage earner.

America has entered perilous economic times but the culprit is not the “millionaires and billionaires” unless George Soros and the Tides Foundation are being referred to, but rather the culprit is an additional 3 trillion dollars added to the deficit during the Obama presidency, anti-business regulation, new free trade agreements, and taxpayer bailouts of corporations that are actually government agencies. The public sector has expanded to approximately 5 million employees who are involving themselves in more aspects of the lives of Americans. This is further exacerbated by the phenomena of public unions, government employees organizing against the taxpayer who pays them, supporting political candidates that further their agenda. They are choking state and municipal governments.

Let’s appeal to the better aspects of the OWS movement which is to support an atmosphere that would encourage opportunity for people of all ages, particularly young people entering the job market. Let’s steer those to whom Vladimir Lenin might have referred to as “useful idiots” in the direction of actually advocating real policies that have a track record of helping people. Let’s wake up the OWS crowd, the lumpen proletariat, to the falseness of their utopian dream by reminding them how that dream has been manifested in other societies this past century.

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