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President Obama and 'Occupy Wall Street' Protesters

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    Talking Points: 10/17

  • Duration 5:30
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I -- Riley thanks for watching us tonight President Obama and the occupy Wall Street crowd that is the subject of this evening's talking points memo let's take this step by step.

First of all the people behind the protests are smart.

They have designed a plan that deflects the bad economy away from President Obama on too greedy Wall Street people and by extension the Republican Party.

It works this way.

The protesters scream that Wall Street greed is why the world -- economy so bad and who supports big business why the Republicans do.

Simple effective and some in the media have latched on to defeat.

The economic disaster in America is not the president's fault it's the fault of -- rocked Wall Street -- -- Now whether He knows it or not present Obama with a fuse -- this plan and by openly stating that corporations and the -- -- not paying their fair share in taxes.

Talking bush doesn't know whether mr.

Obama knew his class warfare rhetoric would ignite public protest but it -- And -- the president understands the power of his words just yesterday at the Martin Luther King memorial He said this.

Doctor King understood the peace.

Without justice.

Was no peace at all.

That aligning our reality -- -- often requires the speaking of uncomfortable truths.

And the creative tension of nonviolent protests.

If you were alive today I believe you would remind us -- The unemployed worker can rightly challenged the excesses of Wall Street without demonizing all who work there.

-- the president's use of the word justice is interstate what's the definition of justice.

Some folks believe that it's making sure everybody has the same amount of money.

That's the income equality group they want governments around the world to take money away from the afternoon and business -- give it to the quote on quote people.

And spurred on by the demonstrations in the USA.

Protesters all over the world.

Are now demanding social justice.

Yeah.

What people have to understand is that these demonstrators come from a variety of places some are hardcore Communists.

Some -- socialists some are just confused and or looking for some action.

Most of these people don't know the big picture they're just out there protesting whatever beef they may act.

The commonality here is that the protesters despise capitalism believing it unfair but sometimes it is just like every other system can be unfair.

The greedy business people invented the giant mortgage cot absolutely damage the worldwide economy their villains there's no question about that.

But you don't see these protesters screaming about countries like Greece Spain Portugal and other social justice nations going bankrupt.

Because of excessive spending on entitlements don't -- the protesters complaining about that.

And that that bankruptcy spectrum.

Is hurting the worldwide economy far more than any mortgage scheme ever did.

Also don't see the protesters angry with the Democratic Party here in America for spending this country into near bankruptcy.

Badly damaging their currency and retirement accounts though none of that is on display.

It's all about social justice the truth is that many protesters in America so we don't like their country.

They one day you don't want to compete in a free marketplace.

Then hey -- wanna do their own -- and He guaranteed financial security while doing.

Again they don't want to compete.

They want to be supported.

Meantime the demonstrations across and working taxpayers millions of dollars money down the -- On another front it's instructive to see -- the left wing media and America are supporting the demonstrators.

Think back a year ago in the Tea Party was demonstrating for smaller government and responsible spending.

Did the media support that effort course -- It demonizing Tea Party is racist and insensitive.

To the needs of the -- felt what happens now.

Well my pal Glenn Beck says this is just the beginning of worldwide rioting in revolved designed to tear down the capitalist success.

What -- was believes approaches will in the short run rampant up.

They're now emboldened and the powerful people behind President Obama certainly see this as an opportunity.

If Wall Street becomes the economic issue mr.

Obama be far better -- the president's campaign chief -- David Axelrod gives a preview yesterday.

I don't think any American has impressed when they -- a governor -- in all the Republican candidates have the first thing they do is roll back.

Wall Street reforms and go back to where we were before the crisis and what Wall Street.

Right its own rules I think that will be an issue.

It just ignite the Democrats know they can't defend president Obama's economic record cell bill deflected.

Into another arena and the media will -- the talking points is not -- Capitalism gives the most amount of people the most opportunity to succeed on -- all.

Europe's collapsing economically because of ramped social justice spending entitlements.

The Soviet Union collapsed Cuba and -- -- -- -- -- disasters.

Socialism.

Never works.

But worldwide there are millions of people who want stuff without -- for.

And they are capable of using force to try to get that stuff.

Not a nice picture.

And.

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