What the one percent and business think of democracy.

The CBC in Calgary employ Debora Yedlin (as does the Calgary Herald) as a business reporter. Today her report was on the Greek referendum on the European bail out package. In a polemic that can only be described as down on democracy she called the Greek action "unconscionable". She went on to state that voters are too uninformed about important issues that affect them and thus shouldn't be allowed to vote on those issues. Her screed can be heard here.

Now it is probably safe to say that Yedlin's opinions are shared by the vast majority of the big business community and by extension businesses puppets in the Conservative party. The utter contempt of these people for democracy and the people that form democratic societies is astounding. When it comes down to it, this is the basis of the occupy movement. This is what scares the 1%. If people go the Iceland route, there will be pain, but that pain will affect everyone, not just the 99% of people who don't have large sums of money. Worse off, in the view of the 1%, they'll lose control to those 99%. Democracy is the enemy of the 1%, of big business and by ideological extension the Conservative party and neo-conservatives in general. It's no wonder Harper and his supporters have been attacking democratic institutions every chance they get.