Occupy Movement, Why Wall Street is Good for Mongolia

What does occupy wall street stand for?  Thats what everyone keeps asking.  We know they are against income inequality, but how exactly do they plan on fixing it.  Well sitting around in downtown NYC is certainly not solving their problems.  If they want to reduce income inequality it would be helpful to get jobs and start working long hours like the people that they resent.

In essence the OWS movement is a backlash against a financial system that most US citizens are not educated about.  These protesters simply do not understand the complexity of our financial system, why it is fundamentally important to our way of life and our economy and why it was necessary to bail it out.  The brightest and most capable people on Wall Street help keep our country successful and help power growth and prosperity around the world.

You have to place some blame on Barack Obama's speech to Congress laying out his revision plan for the tax system.  I don't blame the policy of taxing the rich, but instead his delivery.  To pit successful Americans against the masses as if they were a consolidated group that intentionally outmaneuvers the tax system to hurt America was divisive and ill advised.  I think Obama is wishing he could get that speech back and try it again., because he unleashed an outpouring of misinformed sentiment against a group of Americans who keep our country going.  Yes I believe that income inequality is a major problem in America, but traditionally it is the government's job to solve these issues through a graduated income tax system that taxes high income individuals at a higher rate.  In sum, I am trying to say that these protesters should voice their opinions to Washington.  They should not seek to disrupt our financial sector by surrounding office buildings and trying to prevent people from getting to work.

So how does this have anything to do with Mongolia.  Mongolia would benefit  greatly from securing investments from Wall Street's top investment banks.  Investments from these banks into Mongolian railway projects, road projects and renewable energy projects would dramatically improve the standard of living and the quality of life here.  Projects to build a hydroelectric station and windmill farm could reduce heavy air pollution in the capital city and help eliminate a considerable health risk to over a million people.  A subway project in Ulaanbaatar could dramatically reduce traffic congestion and eventually bring down inflated rent prices by allowing urban sprawl and the development of suburban commuter areas.  Railway projects to build a national railway network would dramatically increase the profitability of mining projects and generate jobs for thousands of Mongolians.

My point is that Mongolia needs investment banks to fund these projects and generate sustainable growth.   So the argument that Wall Street never did anything for anyone is simply wrong.  Investments from Wall Street power growth all over the world, creating jobs and improving lives.