- The Central OWS Message

OWS is a movement, eternally devoted to it's own incompetence.

The trouble they've had in the worker's paradise of Zucotti park is well documented. No need to rehash it, no matter how funny it is. But this "I'll be back" closing statement seems to be too well suited to a movement that seemed to have incompetence as it's central theme:

The showdown came after protesters had vowed to "shut down Wall St." on Thursday to mark two months of occupation.

I've worked on Wall Street for 20 years and started my career at 60 Wall street when JPMorgan's headquarters was still down town. Of course these days it's up on Park avenue, several miles from Wall Street. Even the NYSE is not the hum of activity it used to be. I have a very good friend who runs one of their business units that still thriving, and he tells me the exchange floor is really just a TV studio these days. Anyone can see this from even a casual glance at a CNBC show on their morning TV. You can see it for free in public spaces all over NY.

Since I left JPMorgan to continue my 'Wall Street" career, my actual office locations have been on Park avenue (twice), 6th avenue (also twice), E. 61st st (once) and most recently, A converted mansion on King St. in Greenwich Ct. I won't tell you where my office is now, but rest assured, it's nowhere near the actual 'Wall St'. How sad and tragic that they think anyone but the NYTimes reporters will care what they do on Wall Street.

These kids don't know who Warren Buffet is. They can't understand why a person with a Masters degree in puppetry can't make 200K a year. They think failure needs to be subsidized by success, and that Marxism should be given another chance. But in reality, their central belief is that if they bang their rattle on their high chair enough, then mommy will give them what they want. But for their reverential treatment by liberal media who are still looking to recreate the 60's, these kids would be utter laughingstocks.

They care about income inequality, but as all things with them seem to, this misses the point entirely. The only way to get people to give you more money honestly is to do something no one else can do, or do something that no one else wants to do. The only other way is to steal it - or in the case of these kids, have someone else (the government) steal it for you. In the end, it's not the responsibility of the people who made successful choices, to support the people who didn't.

So go ahead losers - shut down Wall Street. Have a blast. But the only people you'll be hurting are that hotdog/fallafel guy outside the exchange, and the guy selling the foam 'statue of liberty' headgear for the tourists. But no one in the capital markets will even notice, let alone care. Instead, we'll all be worried about how your like minded fellow travelers in Europe are pushing the world over the brink.

So have your fun, and enjoy the 'story', even if it is fictitious. And when you're ready to go and do something productive again, please let the rest of us know.


%%%%%%%%%%%%UPDATE%%%%%%%%%%%%

This is surreal in it's idiocy. The OWS folks are now fighting in the courts to get permission to stay in an irrelevant place, saying nothing rational, to no one who is either present or interested - all on the basis of their freedom of speech.

Camping on private property is now protected free speech, but if someone mentions Jesus - they're out of there!