Jon Corzine’s MF Global is missing $600 million of customer money, and the bankruptcy trustee has no idea when it might be found or when investors might be paid back, if ever. The New York Times today says that the investigation points to the conclusion that the firm simply misappropriated (that is, stole) customer money to back up failing bets on the distressed bonds of failing European governments.
TARP, according to contemporary anti-capitalist mythology, was THEFT!. MF Global, according to the The New York Times, “misappropriated” $M600 of client monies to cover their stupid options. Oops. They simply “improperly diverted customers’ cash.”
Given that the customer’s cash was “improperly diverted” rather than “visciously plundered”, can you guess which party Jon Corzine was in while he “improperly diverted” the public resources of New Jersey as Governor? Of course you can. Can the organizers and bankrollers of #OWS? I’m guessing that would be a big no.
No, they aren’t occupying that despicable fat-cat, crony-capitalist, Jon Corzine. They were too busy occupying elementary school; perhaps the highest level of intellectual aspiration many of them ever achieved. The New York Post describes what the #OWSers were doing instead of protesting $M600 of live, real-world, Wall Street villainy.
In the middle of thousands of protestors yelling and chanting — some kicking and screaming – CBS 2’s Emily Smith found little school kids trying to get to class. Nervous parents led them through the barriers on Wall Street. The NYPD helped funnel the children, anything to ease their fears while some protestors chanted “follow those kids!” “These guys are terrorists, yelling at little kids,” one father said.
These Che-Guevara tough-guys are filled with vim and vigor when they yell at elementary school kids. They are notably silent and conspicuously absent when Barack Obama’s Wall Street Guy steals $M600 from his investment firm’s clients to cover his firm’s option positions. The #OWS movement is beginning to remind more of Jerry Sandusky than the Tea Party. They’ll take out their frustrations on the kids, but are cowards in front of the big boys like Former Governor Corzine.
It gets back to what these people want. They claim they want justice, but justice is getting exactly what you deserve. What these people want is to have a risk-free life with nearly infinite returns. They want to make an investment no harder or riskier than respiration and they want to have successful families, careers and financial portfolios. Or as Gavin McInnes puts it.
It’s also worth noting how unbelievably lazy today’s kids can be. I’ve been hiring twenty-somethings for about twenty years now, and though they are getting more tech-savvy, their productivity keeps plummeting. I believe this is due to their snowballing sense of entitlement.
What this tells me is that the only thing these #OWSers resent about Jon Corzine is that he plays the exact same game that they do; just way more successfully. Protesting a dishonest man like Jon Corzine would be like punching the very same weasel-like, corrupt face they see every morning in the mirror. The #OWSers are a bunch of whining, inept, Jon Corzine wannabe’s. The prime difference is that Jon Corzine took the time and trouble to learn how to properly steal $M600.
This is why the #OWS Movement will continue to overwhelmingly support Barack Obama. This is why The Tea Party needs to wake back up and get back out into the streets. As they said in the 1960’s; “The streets belong to the people.” The question is this, Tea-Partiers: People like you or people like Jon Corzine?