Sometimes you find a supportive voice where you don’t expect to find one. I have to admit that I have a soft-spot for Jim Cramer….Beyond the fact that he autographed a book for my Dad shortly before his death….he does try to make Wall Street explicable to those of us who have not spent quality time on the floor of the stock exchange. He had words of wisdom about the #occupy Wall Street movement and highlighted the concerns of many about “direction.” Cramer has a unique opportunity to shape that focus the movement…by reaching out to them He certainly had enough to say about justice not being done…
Bravo Mr. Cramer!
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Perhaps one of the biggest elephants in the room from #occupy wall street movement is that many of the protesters have done a 180 degree turn on that “self determination” thing.
Real estate agents are independent contractors and we are often coach and cajoled into believing that “you make it happen and YOU are in 100% control of your destiny.” That works until it doesn’t. You can be as aggressive as you want - but if consumer demand has completely dried up very few will survive. Like selling coals in Newcastle - selling houses in the biggest recession since the great Depression is about as easy as selling ice to Eskimos.
Much of the criticism levied at the #Occupy Wall Street movement has pinpointed the fact that in general the protesters lack “direction.” These people are not fools or bums and those who would dismiss them lightly do so at their peril. They are savvy enough to know something is wrong. Very wrong. They have the right target in their sites. They are disgusted with Wall Street and the “too big to fail” banks that have yet to be held to account for the misery they have inflicted on millions of Americans. They understand that the banks were bailed out. They understand that instead of lending the largesse from the taxpayers - the banks took the money and locked it up. They get that the super-rich, the big banks, and multinational corporations are sitting on the trillions of $$ that are desperately needed to kick start our economy. They understand that until that money circulates - the misery on Main Street will only increase.
But specific demands are harder to get to…
So here are some demands that would give the movement “direction”. They are particularly relevant to an #Occupy Wall Street movement in that it targets Wall Street and the big banks. (more…)