The plague of the OWS reached Toronto last week with the granola crowd occupying Bay street and chanting the tired slogans of solidarity. Just yesterday, protesters were banging on a TD Bank even chanting 'solidarity'. The finance minster Joe Flaherty said that Canada's system was not as bad as the US one with statements describing the Canadian financial system as, "very progressive tax system," a "generous social system" and strong regulations in the banking sector." He was saying to the protesters, " Why are you protesting our quasi-socialist system. We're doing everything that the bad Americans won't do: socialized health care and a larger welfare state." As a Canadian, I know we have a larger social welfare net but we also don't have the government that excessively meddles in the financial market ( see housing, cars).
The message of the OWS isn't entirely bad, since when large businesses become intertwined with large government becomes problematic. In the US, people saw the government bailout large corporations and these companies have yet to invest in the economy. I support markets but not necessarily big businesses. My problem with OWS is more of with the composition of the groups that make up the protesters. The granola crowd of communists, socialists, unions all demanding a larger role of the government makes me queasy. The true 99% really want a place to earn enough to support themselves and their families without the government standing in the way.
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