Is the 1% Getting Nervous ? - The Lies Are Starting

Is the 1%, the richest of all Americans who control both the wealth and the politics in America, finally getting nervous about the Occupy Wall Street demonstrations? Instead of dying out, the demonstrations continue to grow, and have now spread across the country to dozens of other cities. And the rich are starting to fight back with accusations of class warfare and other lies. An example of this is the statement by Republican presidential hopeful Herman Cain. Cain has said:

"The free market system and capitalism are two of the things that have allowed this nation and this economy to become the biggest in the world. Even though we have our challenges, I believe that the protests are more anti-capitalism and anti-free market than anything else."

Cain knows better than this, but he can't tell the truth because he is one of the 1%. If he told the truth, he would have to explain why he doesn't want his rich buddies (and himself) to pay their fair share of taxes, and he would have to explain why he favors economic policies that keep workers' wage unnaturally low while his own profits skyrocket.

The demonstrators are not anti-capitalist or anti-free market. They just recognize that the system has been bought by the rich and slanted to work against anyone but them. Labor is just as important as capital in a capitalist or free market system, and when unions were strong and regulations were in place to control the greed inherent in the system, everybody did well. As productivity increased, both the workers and the owners shared in the wealth that was created by that. Companies had larger profits and workers had larger wages, and demand stayed high because everyone had money to spend.

But then the supply-siders got in power in 1980, and with the help of the super-rich, they changed the rules. Now an increase in productivity is no longer shared. The increased wealth goes straight into the pockets of the rich, while workers wages remain not just stagnant but is actually dropping in buying power. The supply-siders preached that capital was important but labor was not. In other words, they broke a system that was working for everyone just so they could salve their own greed

While the demonstrators and their supporters are not anti-capitalist, they are opposed to unregulated capitalism (which is what we currently have). They just want to return to fairness, where productivity is shred and rewarded. And they also want to get the big money out of politics. They know the economic system cannot be fixed until the political system is fixed -- and that means preventing the rich from buying government.

Cain also said he thought the demonstrations were orchestrated by President Obama to take the heat off himself. That's ludicrous. The Wall Street protesters are mad at both political parties -- because both suck up to Wall Street and the rich. Just look at who President Obama chose as his "jobs czar" -- Jeffrey Immelt, CEO of General Electric, a company that has exported half of all its jobs. The jobs czar is the unofficial king of job outsourcing.

The Democrats have been trying to climb on board the Occupy Wall Street train, but until they put their own house in order, it's just wishful thinking. This economic mess that the rich have put us in was helped along by politicians from both parties.

That's what the demonstrators are saying, and it's not anti-capitalist or anti-government. It's just common sense.