Jason Hartman takes a unique middle ground on the ‘Occupy Wall Street’ protests during episode 224 of his popular podcast The Creating Wealth Show. Hartman’s belief is that Wall Street doesn’t represent capitalism at all—as the right-wing media would have people believe.
Hartman proclaims “nothing could be further from the truth.” Wall Street, banks and mega-corporations are mostly anti-capitalist in that they’re playing a rigged game with lobbyists, government cronyism and insider dealings at every level. Wall Street uses lawyers, lobbyists, accountants and PR firms, rather than guns, to commit their ‘crimes.’
“There isn’t much real capitalism on Wall Street,” said Jason Hartman, host of The Creating Wealth Show and founder of Empowered Investor Network. “If you’re looking for capitalism, look to Main Street, where small business operates under far too much government regulation and without the benefits afforded to Wall Street insiders. Entrepreneurship is the real American
capitalism.”
Both sides—the right and left-wing—are promoting a fairy tale but this whole issue really isn’t that simple. Hartman adds, “I assume most of the protesters are clueless folks who may need haircuts. However, so is the conservative media, which I usually agree with, in
saying that Wall Street represents capitalism.”
The mega-corporations simply aren’t playing the same game as small business owners. They’re playing in a much better field.
Hartman believes “if the ‘Occupy Wall Street’ movement could get clear on their message, they’d be a lot more successful.”
The problem is that they have no leader, unified message or defined goals. “They should being saying ‘we love capitalism!’ exclaims Hartman. “It simply doesn’t exist on Wall Street.”
The Creating Wealth Show is available for free on www.JasonHartman.com/podcast/ or the iTunes store – offering investment
strategy advice to those who wish to be financially independent through income property investing.