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are typically working folks who think they have a lot of money in investments, maybe a 401(K) or a pension fund or some investment property of some sort.
They are quite likely to discover a few years down the road that the greedy guys on Wall Street grabbed those assets to award themselves (the Wall Street types) huge bonuses and profits. In fact, the hedge fund managers look to grab the money of the small investors one way or the other.
The money that the ignorant Fox News viewers think they have in the banks and brokerage houses has been placed in funds that hold mostly mortgage backed securities that are utterly worthless while those hedge fund managers grab the good as gold investmnets.
The Republicans are starting by going after Social Security and Medicare. Once those sources of income or security for seniors have been decimated, the bankers and Wall Street brokers will reveal that they have lost the 401(K) and pension money.
In fact, that money no longer exists. They are just waiting to announce that we are "all" (except them of course because they have sequestered funds in offshore accounts and purchased real gold that we cannot possibly buy) broke and that they need another bail-out.
That's the ultimate Ponzi scheme. I suspect that it is being orchestrated by Wall Street as we go about our daily lives.
We are learning that they (the police in cahoots with the bankers and brokers an hedge fund managers and heads of multinational corporations and heavy-hitter law firms) have cameras all over, in front of the banks, in all the places where people will eventually go to demand their money.
Am I stating yet another conspiracy theory? No. It isn't a "conspiracy." It is simply the reality of what is going on. I doubt that the brokers and bankers have plotted this. My forecast is just based on what I know about the state of our economy, the condition of the banks, the obvious lack of jobs or any means to make a profit in the US compared to the mega-bucks the folks on Wall Street are still claiming as "profits."
The only place those "profits" can be coming from is our pension money.
These demonstrations are just a foretaste of what will happen when millions of grandmothers discover that their Social Security is too little to survive on and the money they thought they had saved and entrusted to a bank has been stolen by the hedge fund managers and others on Wall Street.
The 1% haS already reduced the value of the baby boomers' housing to the point that no one can rely on selling an ordinary home for retirement funds. The younger generation doesn't have enough income to qualify to buy a house.
The Republicans call Social Security a Ponzi scheme, but the real Ponzi scheme is on Wall Street. They have placed our money in bogus "investments" and then skimmed off huge bonuses from the bogus "profits."
Once people begin to understand, once they start to look at the statements of the various investment funds and see the extent they are backed by mortgage-backed securities, many, many more people will be on the streets -- and the police are likely to join the protestors because their pensions will also have mysteriously melted away.
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