Senh: Tear gas? This is getting violent. It started out peaceful in New York. The protesters shouldn't have thrown rocks and water bottles at the police, though.
Senh: That's an interesting development. It can easily derail this movement.
Senh: This is looking more and more like the Democrats equivalent of the Republican's Tea Party. This just need to keep this going for Barack Obama's 2012 re-election. It appears that most celebrities are Democrats. They support Obama, and now they're supporting Occupy Wall Street. Just to make it sound like real political party, they should rename it "Occupy Wall Street Block Party."
Senh: I'm not sure how I feel about this. My initial reaction is that this sets a bad precedent for neglecting your obligations. Student loans already have one of the lowest interest rates. The economy is still in the gutters, and unemployment rate is still very high. It's so tough to find a job nowadays, especially for new college grads, so they do need some kind of relieve - maybe allow them to get delay repayment until the economy improves. Taypayers bailed out the financial institutions, and so far they're not showing customers any return in kindness; instead, they're charging them more fees. Only until recently did taxpayers see some of that kindness returned when the banks report that they're giving out more loans to small businesses. Still, it's hard to see any of it going directly to taxpayers. Wiping out student loans would directly benefit taxpayers, but the banks won't do it.
Senh: I wonder how "Occupy Wall Street" got started. Was the seed planted by a Democrat? It seems like it. They all for taxing the rich or taxing them more fairly - just in time for Barack Obama's American Jobs Bill. I kinda hope this movement is here to stay, just as an equalizer to the Republican's Tea Party.