What started across the Atlantic in the ‘Occupy Wall Street’ protests has quickly spread to other major cities around the globe showing a growing discontent for the way in which government and big money are handling the debt crisis.
As reported by the Guardian, the only surprising aspect of the demonstration was that it took so long in the making. Discontent has been brewing since the beginning of the current debt crisis and banker bashing has become almost a way of life since the meltdown of 2008.
According to Tony Greenham of the Guardian, the reason the discontent is still with us and continues to grow is because of the fact that no one made an effort for a public enquiry into the crash that brought the global economy down in the first place. No one seems to put the interests of the common man (and woman) over the interests of big money in the financial institutions.
Banks are not being made to answer to the needs of the economy, they are allowed to answer to their own agendas. Of note might be the recent PPI scandal which rocked the UK. Had it not been for a super complaint lodged by a consumer advocate group, banks may still be stealing money from hard working borrowers in the name of insurance that was for all intents and purposes non-existent.
Is it surprising that there is a public outcry at this travesty of justice? The Guardian goes so far as to say that there isn’t a politician brave enough to take on the world of global finance which is why the problem continues to spin out of control.
Let one good man or woman step forward and perhaps the people will finally have the answers they deserve. In the meantime, the Guardian suggests we watch what is happening in Germany as they appear to be the one country that is unwilling to be coerced by global financial institutions and are doing what they need to do to protect their sovereign economy.