An associate of mine forwarded me a website from a group called Adbusters calling for a massive public demonstration on Wall Street in September. They hope to occupy this tiny district of Manhattan for months, a la the demonstrators in Egypt. Apparently, they feel the Mecca of capital markets is to blame for the corruption in Washington.

They claim America is a "corporatocracy," not a democracy. They're calling for the president to establish a commission to end "the influence money has over our representatives in Washington." They imply a certain disgust with the "too-big-to-fail" corporations' undue influence in our legislative arena and demand the reinstatement of Glass-Steagall (and, oh by the way, the closing of 500 military bases – perhaps unintentionally revealing their true intentions).

I had to laugh. I actually agree with their basic premise that "too-big-to-fail" rules our Capitol, (q.v., Dodd-Frank), but their intention to occupy Wall Street makes about as much sense as occupying a farmer's market because restaurants serve oversized portions. Not only does this strategy play into the hands of their targets, it puts at risk the very "victims" they're trying to help. In this case, by focusing on the creation of capital and not the Capitol, these progressives not only harm America's legitimate businessmen, but potentially damage the retirement savings programs of millions of everyday investors.

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Christopher Carosa

Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook ( Twitter (