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Posts: 9883
11/14/2011 8:01 PM
I hate it when people say this. A wise thinker once said "People make their own histories, but not in the conditions of their own choosing." People absolutely have free will, and there were plenty of people who did not make smart choices during this recession. But I just can't get behind the idea that so many individuals all did the same thing wrong all over the world. Have you ever read anything about the housing crisis and the toxic assets that were being sold? Banks were literally choosing the people who were the most likely to default on a loan to loan to. And then betting that they would default. Individuals were targeted to fail, and lo and behold...they did.
Re: 1%, this is a pretty contentious issue. I think there are a lot of people demonizing the 1% and I think a lot of people just kind of wonder what the point of that is. Be rich, that's fine. But people's wealth should not give them more power, and that's what we contest. Not that people are rich, but that their wealth makes them more important, somehow. The average person has a 1 in 22 chance of being a millionaire. A congressperson has a 1 in 2 chance of being a millionaire. The rich are overrepresented in politics and have more power and wealth than everybody else. Be rich. But for America, which is supposed to be the greatest country on Earth, this is just not okay:
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