Thursday, October 27, 2011

Debt Be Not Owed

Finally, fitfully, belatedly, the real purpose of the OWS temper tantrum emerges from the mists. It's increasingly obvious that it's all about debt forgiveness -- or debt evasion, depending on one's perspective -- for those who've been living beyond their means and aren't willing to settle accounts. And the President obviously gets this, given his hasty efforts to bailout student debtors and re-launch a failed federal mortgage "rescue" program.

Flea Party protesters don't really object in principle to bank bailouts -- they're just pissed because they didn't get one! The terms "economic justice" and "economic equality" are just code for debt evasion and deadbeatory.

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