OWS and the fading light of reason

For the most part, I don't care one way or the other about the OWS movement, but as media present us with the recurring theme of bankers and the evil 1%, I feel a need to respond. When the Tea Party started, my main concern was whether this movement focused on limiting the power of government or if they simply wanted government power for their pet concerns. We'll see how many limited government/free market representatives are elected in 2012.

The OWS movement appears misdirected, because Wall Street speculation, rent-seeking and cronyistic bail-out manipulation during the housing crash were only symptoms of a much larger, fundamental problem. For decades government pushed the private sector in the direction of a housing boom, and the Fed fueled the housing boom with artificially low interest rates, as Fannie, Freddie and the FHA did everything within their power to push the boom higher and higher, with FHA raising their maximum to over $700,000 at one point -- low down payments for low income home-buyers at $700,000!

OWS should direct bipartisan rage at our statist, interventionist government which provides the bully-muscle for a powerful State that's wreaking havoc on our economy, has us bogged down in war in the mideast and moves ever closer to sacrificing American sovereignty to a new global order under neo-liberal/neo-conservative/State capitalist control.

I get the impression that OWS is being led by forces which are a part of the problem the protesters are supposedly fighting against.