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.....Banks and big companies should not receive taxpayer money for a bailout while their CEOs are making hundreds of millions of dollars. If that’s your gripe, then you’re protesting in the wrong location. Pack up and head to Washington, D.C., to deliver your message to the current administration. Don’t get me wrong—I totally support a company’s freedom to pay their leaders well. I just don’t believe that I, as a taxpayer, should subsidize those huge salaries in the form of taxpayer bailouts. I pay my own team members; I don’t need to pay everyone else’s too.By the way, you may be shocked to learn that the Tea Party agrees with you on this one—and so do I........But if you’re saying that all businesses are greedy and that capitalism itself is evil and ineffective, then I’m sorry—you’re just being stupid. You’re being misled and misinformed by some of the louder voices around you. Are you wearing clothes? Have you eaten any food lately? Do you have an iPhone in your pocket to check in with Twitter and Facebook while you’re out marching around? Good. All of those products and services are brought to you by quality companies dedicated to serving you well in a capitalistic system that works just fine. “Wall Street Is Evil!â€If you have this painted on a sign, well, now you just look ignorant. Wall Street is a street that people drive on. The New York Stock Exchange is a building where people exchange stocks in New York. This is the flea market of the financial world. Don’t turn Wall Street into some terrible monster attacking American citizens. It’s just a road with some buildings on it.But here’s what happens. Sometimes when people don’t understand something, they start to fear it. And as the fear grows, it turns into anger. But just because you don’t understand something, you shouldn’t see it as bad or frightening or a conspiracy. You should just think of it as an opportunity to learn something new—something that could actually be a blessing to you.For example, imagine a group of natives out in the jungle in the farthest part of the world. I mean, picture a group of people who have never seen anyone outside of their tribe and have certainly never seen any kind of machine. What would they think if they saw a Red Cross helicopter land near them? And what would they think of the strange-looking men and women who jump out of the chopper and start walking toward them? They’d be freaked out! They wouldn’t know or care if the Red Cross was there to help them with food or medicine. They’d think it was the end of the world or something because their minds would be totally blown!I hate to say it, but a lot of OWS protestors are just about as uninformed as those jungle natives when it comes to how the American financial system works. A road and an office building. That’s Wall Street. “Wealth Redistribution Is the Answer!â€I’ve heard a lot about wealth redistribution over the past few years, and I’m sure you’ve heard it too. Call it whatever you want, but this is how it usually sounds to most Americans: “We are the 99% of Americans who don’t have as much as the 1%, so we’re mad and think the government should take their wealth and property away so that I can have a piece of it. Wealth inequality is a moral breakdown! We should all spread the money around so everyone gets a fair share!â€I have my toughest critique for those who believe this: You are a thief. When someone takes my money and gives me no say in the matter, that’s called theft—whether they’re using a gun or the government. At the core of this demand is envy. And that’s not the same as jealousy. Jealousy just says, “I want what you have.†Envy is a different beast. Envy says, “I don’t think I can ever have what you have, so you shouldn’t have it either.†Decades of horrible economic teaching and the politics of envy have kept this monster alive and growing and moving forward....
