The rich not only seem determined to ignore the Occupy Wall Street demonstrations, leaving reactions up to the politicians, they also seem to be putting off the economy's future. A CNBC interview reveals that there are nearly 600 IPOs (initial public offerings) waiting in the pipeline, and some more in a "dark pipeline" that analysts don't even know about. The explanations seem highly contingent; e.g., what's going to happen to the EURO? But surely it all boils down to uncertainty about the future of the economy.

Failure to invest in new businesses is part of a downward spiral. No new jobs in new businesses is the problem. The President's $447 billion stimulus bill to preserve local and state government jobs for another year is not the solution to that problem, but an exacerbating factor.

It doesn't go with the familiar rhetoric, but it is a fact that most of the rich were Obama supporters in 2008 and so were the office-holders who put in place the mortgage regulations and banking rules under which we live today. If today Wall Street employees and partners are scared, and if people on Main Street are unhappy that they can't get loans for small businesses and if old people are finding that their life savings are producing nothing (e.g., .75 percent per year) that can even catch up with inflation, whose fault is that? Wall Street greed? Or government incompetence?

If you are hesitant in this economy, welcome to the club. From great to small, people are afraid to commit whatever funds they have. Is this the proper environment for a "Soak the Rich" campaign?