COMMENTARY
The first response of the mainstream media in the United States was to ignore the existence of the #OccupyWallStreet movement ... and it might easily have succeeded if this was 1991 rather than 2011. The alternative media has followed #OWS since day one, and this was enough to move things along. The 'authorities' made a huge mistake on the Brooklyn Bridge Saturday by making a quiet movement news=worthy for the mainstream news programs ... pepper spray and hundreds of arrests made the news.

And the main stream news have not done themselves any favors by airing all sorts of people who really look silly as they ask over and over again 'what is it that these people are unhappy about?!' ... 'they should go out and get themselves jobs, rather than bothering us!'

The levels of unemployment and underemployment in the United States are at very high levels ... especially among minorities and young people. The people in power seem to have no ideas about how to handle this except through macro-economic manipulation which is as effective as puishing ona piece of string. The initiative by Washington at the begionning of the Obama Administration ... and indeed at the end of the Bush Adminstration ... to stabilize and global economy in free fall because of a failed banking and financial services sector were effective up to a point. They 'saved' the global financial system, but it was done without significant reform and the potential for risky behavior continued on. A recent incident in UBS, a Swiss Bank operating in the UK has the bank 'losing' a mere $2.3 billion because of the activities of a 'rogue trader' ... is this madness or what?! ... and the bank leadership expects society to let these people lose again with limited regulation. Gambling is fun and quite entertaining, but it belongs in a casino or at the racetrack and NOT IN THE FINANCIAL SERVICES SECTOR.

The capitalist market economy works very well, but it has always needed some effective oversight. The 'robber barrons' of the 19th century, the excesses of the Rockefeller Trusts at the turn of the last century ... the boom and bust of the economy and the banks ... and all of this continues.

Communism is not a good alternative ... but something better than the prevailing capitalist market economy is possible. TrueValueMetrics is emerging to support a Value Market Economy that would have the discipline of a market to ascertain 'price' but the primary goal is to build value into wealth, and quality of life to get better.
Peter Burgess

Fox News puzzled by Occupy Wall Street movement - FoxNews 111003