In my previous post, I wondered if the protesters on Wall Street had proposals of how to fix things, or if they were theoreticians from Nephelokokkygia.

So exactly what do those Wall Street protesters want?

A proposed list of demands can be found at their website. They don’t want much.

Demand one: Restoration of the living wage. This demand can only be met by ending “Freetrade” by re-imposing trade tariffs on all imported goods entering the American market to level the playing field for domestic family farming and domestic manufacturing as most nations that are dumping cheap products onto the American market have radical wage and environmental regulation advantages.

So screw China, and the US will go it alone. No more cheap teeshirts from China at Walmart, and no more cheap medicine so Grandmom can afford to stay alive.

That will make China mad, and she will then call in all her US bonds, causing the US to go into default, and voila, China will be king of the world (at least until her one child policy wrecks things).

Yes, after all, opting out of the global economy worked so well for North Korea and Zimbabwe.

Of course, if you got rid of some of the red tape from regulations that is strangling business it might help. This report from the US government says that regulations cost businesses $5000 for each employee they hire, ($7000 for smaller businesses). And the dirty little secret is that higher priced Japanese and US goods do sell on the global marketplace, because they usually are good quality and worth the increased price in the long run.

On the other hand, these demands will stop businesses from hiring workers.

Another policy that must be instituted is raise the minimum wage to twenty dollars an hour…

Even for part time workers? Those learning on the job? Those who are seasonal help? For unskilled jobs? For your maid or nanny? Does the 20 dollars an hour include or exclude what employers pay in benfits?

The end result is that many employers will simply increase the work load of those already working (yes, they may have to pay overtime, but their benefit load will remain the same).

Another result will be to improve the “underground” economy, where you hire folks “off the books”, or as a barter transaction.

Demand three: Guaranteed living wage income regardless of employment.

On the other hand, why should anyone bother to work at all if they are guaranteed a living wage whether they work or not?

They then go on to demand free college, and free medical care.

Ah, but what college? As I pointed out in my previous essay, the protester complaining to the press about her student debt was going to a high cost private college.

So does this means that rich students will get more tuition money to go to expensive colleges, or do they just mean tuition free state and community colleges?

Since another demand is to “forgive” student debts from expensive private colleges, I suspect they mean everyone gets a free lunch here.

As for free medical care, I just invite the protesters to check out the mess of the federally run IHS and VA to see how that would work.

Right now, Grandmom stays alive thanks to cheap Chinese made medicines, but wait until the US equivalent of NICE decides she doesn’t meet QALY criteria to get her medicine at all.

Then we have the “we want it both ways” ecology demands:

Demand six: One trillion dollars in infrastructure (Water, Sewer, Rail, Roads and Bridges and Electrical Grid) spending now.

Demand seven: One trillion dollars in ecological restoration planting forests, reestablishing wetlands and the natural flow of river systems and decommissioning of all of America’s nuclear power plants.

Actually I support planting trees, and was puzzled why the President didn’t restart the CCC or WPA of the New Deal when he was elected.

On the other hand, who is going to get their hands dirty and do this? Those who have a work ethic already and are willing to work.

Yet somehow I don’t see Art History majors or Women’s study majors at US Ivy League colleges deciding they want to start planting trees in Montana or repairing bridges in East McKeesport.So should we hire them to paint happy murals  on the walls of the local post offices Roosevelt did?

Which brings me to my favorite part:

Demand nine: Open borders migration. anyone can travel anywhere to work and live.

So with 10 percent unemployment, you want to flood the country with immigrants? Great. I know about 10 million Pinoys, including some of my relatives, who will be on the next PAL flight to San Diego to actually perform all the work “…planting forests, reestablishing wetlands and (reestablishing) the natural flow of river systems…”

Another problem: About that infrastructure: Do you want flood control projects or “natural flow of river systems”.Do you want natural forests or do you want to replant them (monoculture forests).

If you decommission the nuclear power plants, will you replace them with solar panels that use toxic metals (and are built in China), or with windmills that kill birds (also built in China), or with tidal energy that kills fish, or with hydroelectric power that stops the salmon from spawning?

Or do you want to replace nuclear plants with coal or oil/natural gas based plants? If so, you had better remove this next demand:

Demand five: Begin a fast track process to bring the fossil fuel economy to an end while at the same bringing the alternative energy economy up to energy demand.

What is your alternative energy plan? We use a lot of geothermal energy here in the Philippines, but since there aren’t a lot of volcanoes in Manhattan you might have a problem.

Not only do we spend a lot of money to fix things, we also have the “forgive debt” part.

Demand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the “Books.”

So, I went to a state university, bought a small home, worked 60 hours a week, and played by the rules. I help support my children and grandchildren with my savings.

You went to a pricy university, bought an expensive home by borrowing money from banks who used the money from savers like myself, and you will be the one rewarded by having all those debts you ran up forgiven.

Do you know how governments pay for expensive things when they can’t afford it? They print money. And soon the money becomes worth less, and you end up with inflation. As with the Weimar Republic 1923, Zimbabwe 2008, orThe Roman Empire 250 A.D.

Oh, but it’s worse. You also want the debt forgiven so poor countries don’t have to pay back either:

And I don’t mean debt that is in default, I mean all debt on the entire planet period.

Don’t get me started here: the dirty little secret is that a lot of that “third world” debt is caused by corrupt officials stealing that money to begin with. Forgive their debts, and that means they will get away with it, and not have to face political or criminal sanctions.

Which brings us a question:

And who will pay for this? The President’s friend Warren Buffet?

Reality check. Repeat after me: TANSTAAFL.

It even works in the activist world.

From another post on the OccupyWallStreet Website:

We need Free T-shirts

Posted 6 hours ago by vandel212

Lets face it… People love free t-shirts, and what better way to spread the word than making people walking billboards.

Which brought this comment:

markovchainey 1 points 17 seconds ago

i am working on tshirts, yard signs, and bumperstickers… however they won’t be free unless someone wants to donate some cash. i have access to the equipment to make these things at a huge discount, i just can’t finance this operation. unless someone wants to donate, i will have to sell these items at cost.

Actually, my ten year old granddaughter is printing and selling teeshirts from her facebook site. Send the design here and she will print them and be able to ship them to you cheaper than Mr”MarkovChainey”.

Of course, that means importing the Chinese made and Philippine printed teeshirts into the US because they are cheaper, but hey, that’s how capitalism is making China and the South East Asian Tiger countries rich.


Nancy Reyes is a retired physician living in the rural Philippines. She blogs about human rights at Makaipa blog.

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