Occupy This Thought

I wonder what would happen if Big Business were to announce that they have the message — their profits are too high — and that they will henceforth reducing their profits by half immediately.

Who could object?

Well the first would be institutional investors, each of which control many billions of dollars.

CALPers, the investment arm of the California state government employees, would be the largest — they count on almost an 8% return, and if that got cut to 4% the California taxpayers would be facing Greek status. CalSTRS, the Teacher union investment wing would explode.

Students currently depending upon their parents investment income would have to leave the comfortable confines of the college campus, because their parents could no longer count on their investment money — some would have to end their Occupy Wall Street camp.

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