Of Good Times on Wall Street and Standing Out from the Crowd

The lot of people engaging in the “Occupy Wall Street” (OWS) party in New York City are a lot of things to a lot of people, particularly if you rely upon the glowing news reports about them.  Most Americans, let’s say 99% of them, have not been near any of the party goers, so we have had to rely upon the news media to tell us who and what they are.  A colleague of mine witnessed their march in Washington on a recent Saturday.  There were about 30 of them matched—or even overmatched—by the number of reporters accompanying the march, so in terms of numbers the parties seem to be well covered.

Still, for all that coverage I have to confess that I have not been able to get any specific or focused idea on who they are and what they want.  That is why I am indebted to Democrat pollster Douglas Schoen, who had the bright idea of sending his polling team to the party to ask the attendees themselves who they are, what they believe, and what they want.  As far as I know he was the first to come up with such an obvious idea and remains the only one to have tried it.  The occupiers were fortunately candid and forthcoming in the interviews.  I expect that they may be more on their guard in the future to repeat the party line, whatever that might be.

I understand that the OWS party goers represent 99% of the population (I am not sure if they mean 99% of America, or of the World, or of just New York City—the lack of Yankees baseball caps in the media photos casts doubt on this last possibility), 99% because they said so and the news coverage has repeated it, over and over again.  I suspect that puts me in the 1%, at least that is the percentage of fat in the milk I drink (I prefer whole milk, but my wife refuses to buy it).  In case you are wondering whether you are in the 99% that the OWS groupies represent, here is a list of characteristics of the New York City party goers, care of Douglas Schoen’s polling team, who interviewed 198 of them in their New York City party venue.  See whether you fit the list, keeping in mind that, in the words of O.J. Simpson’s attorney, if the glove does not fit you must acquit.

·         The majority are male.

·         More than half are 30 years old or older.

·        None of them are Republicans, although 14% are either anarchists, socialists, or belong to the “Working Families Party” (that sounds socialist to me, but maybe that just means that they are not Democrats).

·        Somewhat more than half of them, 56%, voted in the 2008 presidential election, and 74% of those for Barack Obama.

·       When asked what bugs them the most, 30% claimed the influence of corporate/moneyed/special interests; 5% claimed “everything” (sounds like the teenagers or maybe the college students); 3% identified America’s democratic/capitalist system; 2% each for bureaucracy, Bush tax cuts, military spending, the Federal Reserve, and Obama abandoning the left; that gets us up to 53% without moving on to the rest of the gripes that they offered.

·       When asked what this was all about, there was a similar variety of answers, with the lead going to the 44% who said mobilizing progressives or influencing the Democrats the way that the Tea Party has influenced Republicans (that may seem ambitious, but I suspect that it is as tough as pushing on an open door given the rest of the OWS demands); curiously, 5% favored a flat tax, a favorite of many conservatives; but 4% called for dissolution of representative democracy and capitalism, and another 4% were for a radical distribution of wealth, which amounts to the same thing; and that brings us to 57% without getting to the rest of the somewhat confused list.

·       When asked who is to blame, George Bush, Barack Obama, and Wall Street tied at 7% each (suggesting that 1600 Pennsylvania Avenue should be as much of a focus for them as Wall Street); while the Republican Party only just edged out “The American People”, 16% to 15%; 5% identified the “Citizens United Supreme Court ruling”; which again gets us to 57% without going any further down the rather long list.

·       The closest point to unanimity among the party goers was that 98% agreed that civil disobedience was a good idea to achieve their goals, and even 31% believed that violence would be O.K., too.

·       Surprising to me was that these anti-Wall Street protesters were almost exactly evenly divided over whether giving TARP money to banks was a good idea, 51% opposed but 49% in favor.

·       Last point here, though there were several other questions, 65% agreed that government had a moral responsibility to guarantee healthcare, college education, and a secure retirement for all, no matter what the cost.

You are excused if you have trouble finding a clear theme in all of this.  If your head is spinning to some degree, just watch some TV or pick up a newspaper and you will learn once again what this is really all about.  I doubt that the reporters or commentators will note that there is almost a universal attitude at the OWS party that someone else is to blame for all things blameworthy.  Nor are they likely to point out that the demands of the unwashed 99ers revolve around getting others to do something for them or give them something.

This latter point seems to me to be one of the more distinguishing points separating the OWS Gimmees from the TEA Party activists.  The hundreds in the OWS crowd predominantly want to have government dictating to people how to live—while they have their hands out or want to put their hands in your pocket (a common complaint among the campers is that their stuff is constantly getting stolen by other campers).  The tens of thousands of TEA Party activists want to be left alone, want to keep what they have earned, want government to step back from making rules to control their lives.

Maybe at this point you are feeling very special, which is not a bad achievement for any writer.  If you feel that you do not fit into the Gimmees 99%, congratulations on being one in a hundred.

Of Plumber Joe and Community Organizer Barry

It took a real life example to give life to the key difference between the two candidates for president. When Plumber Joe met Barack Obama campaigning in his neighborhood, Joe asked the would-be president, why do you want to tax my small business? Actually, more precisely, Joe wants to buy the plumbing business he has worked at, and Obama wants to raise taxes on it, and Joe asked Obama, why? At first, Obama equivocated and mumbled something about getting some tax breaks to offset the tax hikes. When Joe refused to buy into that sleight of hand trick, Obama fessed up. Obama admitted that he wanted to spread the wealth around. In other words, he said that Joe would be making too much money, so Obama wanted to take from him and give to someone else.

Why would Obama want to do that? Because, unlike Plumber Joe, who has a real job, Obama’s career experience came as a “community organizer” (when he was known in Chicago as Barry). Taking money from people and giving it to others is what community organizers do. Barry the Community Organizer now wants to organize a big community, of over 300 million people, and he wants to keep spreading the wealth around. Community organizers like to do that, because they like to get the credit for being compassionate and generous, compassionate and generous handing out other people’s money.

Joe has worked hard as a plumber. Joe has saved and prospered. Now Joe wants to own his own business and provide work for other employees. The employees, these plumbers, would provide plumbing services and get paid by their customers. Barack Obama wants to take some of that money—O.K., a lot of that money—and spread it around to people who would get their money from Barack, people who have not been as “lucky” as Plumber Joe.

Lucky? My guess is that it was not luck that made Joe work hard over the years and save his money to be in a position to own a business and provide real jobs to other people. Under a President Obama, Joe and others like him would become unlucky.

John McCain has been trying to point out for weeks that the change offered by Barack Obama is a big time return to the tired old tax and spend politics of the big government politicians. John McCain is not the most eloquent campaigner, and the mass media has been doing its best to bury his message anyway. McCain finally found a real life example, and that is the most eloquent statement of all. At the last national debate, on a stage that the mass media could not ignore, McCain introduced us to Joe the Plumber (who by the way did not ask for all the attention and is a bit embarrassed by it), and McCain asked, why raise his taxes? Why raise anybody’s taxes going into an economic downturn?

If you do not raise the taxes, you cannot keep spending other people’s money and winning praise for your compassion and generosity. And that is the point of this election.