So. These are the OWS demands? Seriously?
Free everything he wants.
Look. There are problems and there are pockets of demands here that could be useful, but overall?
Ridiculous.
Like free college tuition, guarenteed wages (guaranteed $20 minimum wage no less...Total ignorance of economic forces to suggest this...*face palm*) and forgiving of all debts. Get real. Talk about bending over and giving up on life by letting the state control it.
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As for eradicating the way credit companies report I tend to agree. Credit departments wield waaaayyyyy too much power on the economy. Ratios and severe reporting that can ruin a life should be reconsidered. The silly things I've been told and been through with them. You can have a pristine record for 20 years and they will still wreck you if you, heaven forbid, miss two payments that you end up paying anyway.
A lot of it is full of shit and arbitrary no matter how it makes sense to them.
However, on the flip side, I know how irresponsible people can be when it comes to signing up for credit and loans by not even grasping basic concepts of minimum payments. The bottom line is if you borrow, you must pay it back. If you willingly took it then you're accountable to give it back. Stop skirting the issue with things like "well, it's for my education ergo it's good for us all" mumbo jumbo. Go to work (at whatever wage you get), save and pay it back. That's the deal. No, I don't think people should subsidize your post-secondary education. People manage and so should these people from OWS.
I'm not buying that the whole mortgage and credit mess falls only on Wall St. The government and ultimately the people have to shoulder the blame too.
Finally, life has no guarantees. It's just the way it is.
I can't handle irrational idealism.
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