Occupy Wall Street

The 99% of our population does have a point. Today the rich are getting richer and the poor become poorer.

But I do not think capitalism was the culprit that put many of us out of works. It was the greed, corruption and easy money that made us lose our jobs, homes and hard earned savings.

Wall Street used to be a place where capital was raised to invest in business that creates jobs. Instead of creating more jobs, the thousands of business mergers and acquisitions that are taking place in the business world now have actually cause many jobs to disappear. In addition, thanks to the government’s low interest rate policy to combat inflation, we speculate on many convoluted financial products not many of us can understand. Even though it is already an old story, it is totally unthinkable to me that many bankers who got us into these financial mess still receiving bonuses.

In the meantime, nearly four years from the 2008 financial meltdown, it remains a challenge for many job seekers in their quest for a gainful employment. While there are millions of able and willing bodies between jobs, there are few privileged ones who are multi-jobbers. In the past we got hired on merits. Today, the mantra in one’s career is networking. We need to know the right people. - Ayee