"Does anyone really not know what the basic message is of this protest: that Wall Street is oozing corruption and criminality and its unrestrained political power -- in the form of crony capitalism and ownership of political institutions -- is destroying financial security for everyone else"?
Glenn Greenwald
Someone asked me why the young people, and even some of us old hippies, are marching on Wall Street and I showed them this quote from Glenn Greenwald, who is one of the best political writers in this country. What they should know is Wall Street is just the beginning. Wall Streeet is the seed that is going to germinate political protests across this country and maybe around the world. The Middle East had its Arab Spring, let's hope this nation has its American Winter.
It is time to stop the corruption and theft of our national treasury by paid-off, power hungry politicians. At one time, the rich had it all. They had their hands in the pockets of the middle class, allowing them to go in debt to buy new, over-priced homes and new cars, along with boats and pools and every other luxury imaginable, that they could not afford, but were available if you had the "right" credit score. The middle class were sucked in, many not believing that what goes up, as always, must come down.
The recession/depression that the Bush/Cheney administration left President Obama was worse than anyone had known, and now the middle class is rapidlydisappearing, but becoming an army, along with the poor who have been stepped on forever and just needed the help that has finally come their way.The march on Freedom Square starting Wednesday and going on through Sunday in Washington, D.C., is going to be one of the best things to happen to this country since the Civil Rights marches back in the 60's.
When you have hundreds of millionaires writing to the president and congress asking to be taxed more than they are, then you know the conservatives are not fighting for the average man, but for corporations that keep them in lifetime jobs with benefits and pensions, along with extravagant vacations to places all over the world. All legal in their world of high rollers and billionaires who hire lobbyists who sleep 24/7 in our nation's Captial corridors. It's an outrage that must be stopped and now is the time.
It's time for the youth of this country to do what we did when we stopped a war in Vietnam. Some of these kids, who are just graduating or having to quit college with debts in the ten's of thousands of dollars, can't find work in the jobs they went to school for. They have to flip burgers and live off Mom and Dad. Three trillion dollars is setting in banks in this country and the rich are refusing to invest it because of the fear of losing it. This is capitalism. There are no guarantees in this world, taking chances is what capitalism is all about, period.
You can become rich beyond your wildest dreams in this country, but you can also lose money, that is what makes our country and our economy tick. Investment leads to jobs, which leads to consumer confidence, which leads to spending, which leads to job, all which led right back to the rich. To the rich, wake up and start investing in this country and quit hoarding money that will get this country out of one of the worst recessions of all time.
To the young and the poor, it's time to hit the streets and let the people in power, the lifetime politicians who have to suck up to the rich to stay in office forever, know that their grip on power is not a permanent thing and they can be voted out. Then maybe, just maybe, this country will come together with liberal, conservative and independents using their common sense and voting people into office who do not say "NO" before the question is even asked!


Salon.com
Comments
Lezlie
"If voting changed anything they'd make it illegal"
E. G. / R
Were abandoned by Americans
In favor of BMWs and ticky tacky houses
Subsidised by a Government that had been
Subverted by criminals who have never spent a night in jail
The Jobs went to those willing to work for rice
The bills went unpaid
The Cites went to hell
As Soccer Moms burned Saud Oil in the 'burbs
Will the jails filled
With Blacks and Browns
No one from suburbia came Around
Until The whole deal came tumbling Down
Now those Soccer Kids are College bound
upset that their ticky tacky world is coming down
And wow, they coming back to town
But not to rescue the Blacks and Browns
If there is a lot of confusion about what they're protesting about it is only because the government and the corporations are doing so many things wrong and it may be hard to know where to start. The truth seems to be that they're doing very little if anything right.
I'll have to take a closer look at this Evolt site. It looks like it might turn out as big as the Occupy Wall Street but of course the Mass Media can't be trusted to acknowledge it until they have no choice like they did with Occupy Wall Street. They didn't do this with the Tea Party a couple years ago; in fact the Tea Party had major boost from the enormous amo0unt of political coverage they received even after it became clear that other movements had more actual grass roots support and rational supporters. Presumably this is because they served the purpose of the corporations better.
Also the concern expressed by Nikki is a legitimate one; however it is to be expected with any truly grass roots movement and I suspect there will be some progress on that before too long. I haven't looked at the NYT yet but I would be surprised if they came up with the best suggestions; after all they are part of the establishment that could have, but didn't, do a much better job getting the story out and pointing out many of these problems.
Yeah, it's going to end up in the streets and I fear that it will be up to our generation to do it--the "youngs" are just to full of themselves and too busy texting and tweeting about the inane and banal to actually "do" anything.
The current protests are necessary if for no other reason than that those in power start to worry that enough people are sufficiently galvanized to bother.
r.
I trust very few in the media.
Greenwald's words would carry more impact for me if he actually lived in this country. He resides in Brazil. I can't get passed that.
HUGGGGGGGGGGGG
An outstanding comment by someone who has risked his life to defend the clowns on Wall St. who likely have never humped a ruck and a rifle in their lives out beyond the wire. It's a near certainty their kids haven't either.
I've read a number of places that more and more of us vets are joining the protest. I'd like to hear one of those rich fucks tell me I'm treasonous and unpatriotic because I want the burden of sacrifice shared by all. Show me your DD214 you bastard and then maybe we'll talk.
Having said that, what is striking to me is how widespread the understanding is among the protesters that what they are fighting against is a hydra-headed monster, the system of capitalism/imperialism. As someone who participated in the 1960s, these protests are the nearest thing to the 1960s as I've seen since the 1960s. As I told them at the Occupy LA rally on October 1, "you folks have a chance to hopefully finish what we couldn't finish in the 60s!"
People who complain about the amorphousness of the movement aren't yet recognizing what this movement is. It's not a movement that is trying to simply get politicians and corporations to agree to certain demands. It's a revolutionary movement that has not yet congealed around a fully coherent program, a movement that in its cutting edge and main thrust is for an entirely different kind of world and system. Its participants are seeking to find the best ways forward, and in their insistence on staying and not just being content with one day's march, are making history. The 1960s' draft and the international insurgencies that sparked political insurgency here at home are finding their political equivalent today in the terrible employment situation for youth, the cutbacks and rising costs of higher education, and Arab Spring.
Watch what authorities are doing and how they are responding to this. The fangs are out from the right-wing media and police agents: they know what they see and they fear it profoundly - as they should, because it threatens their continued predatory presence in everyone's lives and on the deepest levels.
The way I've been feeling, if I had my way, they'd all be face down floating in some river somewhere!!!!!!!!
GROWLING!!!!
http://tarpley.net/2011/09/29/emergency-program-for-anti-wall-street-protestors/
To that should be added:
1: The immediate reinstatement of the Glass-Steagall Act
2: The immediate rescinding of NAFTA
3: The overturning of the Citizens United “decision” and the immediate arrest on charges of treason for the Bush cronies masquerading as judges that are responsible for it.
4: A reopening of the NIST “investigation” of 9/11 chaired by an impartial panel of architects and scientists.
Good post!
I hope you are right. It's time!
If the protesters had dispersed, nothing would have happened. But since they are sticking to their guns and not leaving, the passion is escalating all over the internet and throughout the country. As of yet, many Baby Boom conservatives still have no idea what's going on. Indeed, many of them mock the feelings and demands of the youth and don't take us seriously.
Give people the freedom to arrive when their schedule permits and they will wind up coming even when it doesn't. A protest this vast could not be ignored by the MSM. I would show up every other day and make sure my friends did too. We would bring signs, food, water and our anger for change. It would spread...
I really hope this gains momentum. We need to show the teabags that NO they do not rule!
Lezlie
Someone had a T-shirt at a single payer health care rally that read "Democracy is NOT a spectator sport." The media treats it so as does too much of our citizenry, including me.
I left the media out of the dictators in my first line. They should be included.
Finally, I wish I had said, "If you are not an ACTIVE part of the solution, you are contributing to the DEAD WEIGHT of the problem."
My additional 2 cents. Now I am up to 4. libby
I'm curious. Who has ever said you were anti-American?
This isn't about being anti-American. Those who are firing everybody, exporting jobs, cutting back benefits for the elderly, refusing to help sick veterans, giving all the money America has to the wealthy while they aren't creating jobs in return, subverting the constitution, brutalizing Americans who protest legally and peacefully, sending American troops to kill and die for no apparent reason, and in general refusing to sacrifice for their country like everyone else is expected to, are anti-American. We're pro-American.
Never forget that.
It was actually true of most of us in the sixties. The idiots who burned flags gave the opposition a propaganda tool they still haven't given up over forty years later.
A well deserved one, at that.
Might I humbly suggest that, what we who cannot attend the protests directly, write to our representatives, the media outlets, tell our friends (who'll listen -- not all of mine will) and look for other places that support and defend the constitution against all threats, foreign or *domestic* and let those who are protesting hear us support them.
Additionally, this post of mine:
http://open.salon.com/blog/dunniteowl/2011/07/14/democracy_20_or_throw_them_all_out_no_exceptions
Is a clarion call in an idealistic way that promotes the idea:
The only way to get politicians to listen to the people is for the people to keep getting rid of them with new incumbents.
It doesn't really matter if they are Republicans, Democrats, Tea Party (and you know, I am aware that they are trying to hearken to the idea of the Boston Tea Party when folks actually went out and practiced civil acts of disobediance, but the only Tea Party that comes to mind with them is the one sponsored by the Mad Hatter) Libertarian (those who want the freedom to do as they please, but not pay for it) or Green, Indpedendant or whatever -- vote their asses out with new incumbents of whatever stripe. It won't matter until we, the People, take an active interest in making sure our representatives are actually, you know, representing us.
If we're going to have a peaceful revolution, then let it start on Wall Street where "blood in the streets" has a less sanguine meaning of losing money when the market hemorrhages red ink.
Our political process has been captured. How did that happen? Apathy.
What is the price of freedom?
Vigilance and vigilance begins with vigilantism where we take the laws into our own hands. Not with violence, not with guns, but with the will to see things change and to change them in the face of laws that are not written to represent the interests of people, but the interests of corporations and the fat cats that operate them.
Politicians get retirement benefits for the rest of their lives after just one session as a Senator or Congressman. You know what my benefits are after serving my country for four years? I have a piece of paper that says I mustered out (DD Form 214) and that's it.
Right now, the demands of the protestors should be that our government be there, listening to any of our demands to be heard. That lobbyists, corporate donations, and the freewheeling Beltway methods stop for the sake of doing what's right for the people of this country.
And goddamn it, corporations are not people, too. You cannot knife corporation in the back, withold sex from it, teach it to share, or even train it to roll over and play dead. They're not even beasts of burden or chattel. What they are: Giant money sucking machines to funnel it away from those who have precious little to lose, into the hands of those who already have so much that losing even three fourths of it would make them still the wealthiest in this country -- even if no-one else lost any of their cash but them.
Democracy 2.0: Throw Them All Out is beginning to sound more and more appealing every day the news shows me exactly what we aren't getting out of our government and the stranglehold against competition that corporations exact.
You are a voice we need to hear from others, repeating it, shouting it, from the rooftops.
I want you all to go to your windows and throw them open. Do it! Do it right now. I want you to go to your windows and open them up and scream at the top of your lungs, "I'm Mad as Hell and I won't stand for it!"
rated
Rated.
10 lbs. won't fit.
(Now - why is Gordon Osmond in Brazil??)
If you want the wealthy and corporations to begin to invest in America again, go call Obama and his administration with all of their neck wringing taxes and regulations. Why should Corporate America invest in a Socialist government? If you want to see improvement in America, go talk to your leader in the Oval Office. Everything Obama and his flunkies do, stops companies from investing in America. Don’t you get it? This is what Obama wants, to nationalize all Free Enterprise into a socialist owned and run America. The more he stops free enterprise and brain washes the youth into becoming progressive puppets and attacking business’, law enforcement and innocent Americans, the closer he gets to realizing his dream. If his dream is realized, do you think you and everyone in Salon is going to have free speech?
Think again, grasshopper.
If that was true, what's wrong with it? We've seen how capitalism failed.
My take on this is similar to Nikki's. Without a clear set of demands, this becomes like the movie Network - "I'm mad as hell and I'm not taking it anymore!" That's useful and powerful, but it's not enough to say what you don't want, you have to say what you DO want. Otherwise, the protest ends up as nothing more than a minor nuisance to the Wall Street honchos.
Even you are complaining about the price of gas. The Obama administration has shut down our own oil and gas production. Now we have to get it from places in the world where they are unstable and then we have to bring it here and pay the shipping costs. All our oil rigs are in South America drilling for Soros invested companies.
He is giving money to his buddies to invest in projects such as solar panels that they were told before they gave the money was a doomed project, but Obama did it anyway.
The people who took it to Wall Street don't have a clue what they want. They just want to cause problems and point fingers. To get their point across instead of telling true stories you have the law student who is crying that Chase took his parents home. BTW, his own mother said that's a lie. Tell me why he shouldn't like this economy. He has a $40,000 a year degree and is paying $70,000 a year to go to law school. His parents both have upper level degrees and he has a better idea on how to make this country work? He got arrested and is all over the media with his big lie. Good luck on getting that law license with that as moral standings.
If the kids on Wall Street want to make things better maybe they should start in their own liberal house where they are using a message of keeping people down. You can't make it, the deck is stacked. The guy who started BET just called Obama out on his message.
I also don't know what they are complaining about. Obama told us he was going to do this before he got elected. He said electrical rates were going up, that coal was going out of business, that everything was going to be unproven green, that the government was going to nationalize the student loans they can't pay back.
You asked for it, you got it.
So it is real easy. All those millions can figure out how much moe they want to pay and send in to the Treasury.
Oh, I am sure the IRS is not equipped to actually handle such a thing. But all it would take is Obama having a little talk with Geithner then coming on tv and letting all those millions know the IRS is ready to accept checks.
Never going to happen.
I think if we as consumers turned our backs on the kleptocrats with their profit over people product-mongering and propaganda-mongering as a way of joining in solidarity with the protesters against corporatism for a set number of days. Nielsen rating sweeps are coming up the end of October. Or start now for the duration of the occupation? Just the germ of an idea.
People who put down the protest because they don't have the exactly perfect agenda for this protest? Hell, I see it as OUTRAGE AT LONG LAST. It is saying, "We are madder than hell ... FINALLY ... and we DON'T WANT TO TAKE IT ANY MORE." Some of us non-Stockholm syndrome types, anyway!
I am going to ponder the tv boycott idea. I know a lot of people won't inconvenience themselves but some may. Ya never know.
libby
Ok, how about demanding the right "of no confidence". That option can remove CEO's, it certainly has removed more than one unaffective university president. It's what professionals do when the leadership is tanking the enterprise, you need a 2/3 majority.
Need to have a process to recall ALL under such circumstances. They do it in England, they all get six weeks to meet with their constituents and then everybody votes. There is only so much campaign money you can throw around in six weeks. Two years is way too long a process, no wonder we can't get out of the woods.
Step one is to get strong. You lift your weights and learn your martial arts first, then you choose which bully gets it first. This movement is in its fetal development stage.
To quote an admittedly corny lyric form Jefferson Airplane:
"One generation got old
One generation got sold
This generation got no destination to hold"
I am proud to share our national heritage with these brave young people.
Congrats on the cover.
♥R
Fox propagandist?
The dead walkers.
Carrion dead stink.
We sensed they dead.
`
We folk can be walking dead.
I remember wounded Veterans.
If they were Lied to they Resented.
Some tossed medals oner Fences.
The White House Remembers.
If Vets gathered at the V.A..
Crony was a propagandizer?
Some Vets took off their leg!
Vet distinctly learned`Truth.
Lies smell like dead pond carp.
Vets tossed medals and limbs.
I laid in a hospital bed. O, sigh.
I was too weak to get out of bed.
I could go on and on. It's been said.
`
I think I will sip a dry Berry Wine.
On Feb 10th I was wounded bad.
I remember a poem written then.
Wendell Berry was grieving a war.
I didn't know Mr. Berry at the time.
Later I read his thoughts in essays.
`
Read:
`
THE UNSETTLING OF AMERICA.
There are other commonsense folk.
It's wise to not serve as a demonic `
`
as in devil
as a darken
Evil Fool`
Devil's Tool.
`
except you didn't stop it. you traded lbj for nixon, and those protests may have been the reason humphrey didn't win. the war didn't stop, it expanded. and those protests were not against the war anyway, they were against the darlings of the middle class being sent to fight beside the poor whites and black americans after the supreme court ended academic exemption.
protest is easy and fun. real political action is boring, sustained and unglamorous. women fought for three generations to get the vote, and protest was part of it, but the core of real change is threatening politicians with loss of votes.
1.) reinstate the Glass-Steagall Act
2.) audit the Federal Reserve
3.) Reverse 08-205 (corporate personhood) by amendment
4.) overhaul the corporate tax code
Scanner
Wonderful, if misdirected, passion, scanner. The only “authority” that can put its hands into the pockets of the middle class, or any class for that matter, is the Federal Government. Washington IS the root of our problems past, present, and probably in the future too.
I don’t know ANYONE who purchased a car, a flat screen TV, the air-conditioning, or a house, with a gun held by a corporation at their head...do you?
The financial industry is one of the most highly regulated in the country, and if you want to look for “truth” and not “bumper sticker” Bush, Cheney, etc etc....and go back to the social engineering that the liberal pols in Congress pushed on the country.
You might start with hearings held by Barney Frank, you know the guy that everone on the right , and honest people on the left, know railroaded FannieMae and FreddieMac into taking on more and more “sub-prime” debt, after first threatening th e banks with the possible loss of their charters and even civil actions, if they continued NOT to make loans in risky neighborood, “red lining”, was the definition used.
And so the democrats opened another source of campaign contributions from the government sponsored institutions, and down the chain to banks, mortgage brokers and Wall Street investment banks.
Institutions like Morgan, Stanley that maintained debt/equity ratios well under 10-1, soon had blown up their balance sheets to well over 30-1. Hindsight is useless, but I wonder if anyone ever asked the question of derivitave,MBS, CDO and CDS's where they aware of the risk if the portfolio went just 3% against them, there would zero equity in the business?
When government analysts at OFHEO warned the government “oversight committee” chaired by Mr. Frank, they were cut off at the knees.
From that point onward, the corruption of our financial system went on steroids, Frank Raines and other democrat operatives running Fannie Mae made tens of millions of dollars...and where were you protesting that rape of the public purse?
No question Wall Street firms went well-beyond what prudent management would dictate, betting the balance sheet of their companies, making hundreds of millions of dollars collectively, without ANY” personal risk.
I agree with the protestors that those Wall Street Firms should be investigated for any criminality in their actions. Why did some firms do better than others; who in each of the Firms has been “under the radar” and carrying on a lovely life, while their Firms or former Firms slowly die?
There is a group, a silent majority, whose voice also needs to be heard. Hundreds of thousands of middle class and upper middle class workers in the Street, from brokers, to traders who had nothing to do with synthetic producs, CDO’s, CDS’s, etc, to retired folk who have lost their entire, or most of their life savings.
So I agree with a part of the message of the OWS project, but not the civil disobedience that you and I both know is coming.
Economic downturns, recessions, are normal in a competitive, capitialist society. The economy “self-corrects’ excess and after six months or 18 months, we are usually back on the upswing. It is when politicians and bureaucrats get involved in the lives of the citizens of our country that REAL, long-term problems are created.
The collapse of the financial markets generated by the breakdown in the over-blown residential home markets, could have easily cast the country into a depression. The issue is not “imagine how bad things would be if Obama didn’t have a stimulus, Omnibus, Cash for Clunkers, and on and on programs of wasteful, non-transparent spending , adding three trillion dollars to the debt.
The issue is, his “big government” agenda, save the planet with tens of billions in grants and government guarantee’s being given to supporters of this President. Solyndra is just the tip of the ice berg of waste, fraud and abuse that will be found, I am sure. Already, there is some discussion of over a billion dollar grant to a company where management has a relationship with Pelosi. I am not forgiving the excess of Wall Street, but they were playing with stockholders money, not taxpayers. It was a political decision to use TARP money to save the banks, and that might have been the only decision to make at the time. Bailing out GM to protect the UAW pensions, hoever, was not constitutional, however, since TARP money was never approved to be used to bail out a motor company, but maybe I’m missing something.
And that is what Newt was referring to when he said, Barney Frank should go to jail too, along with the Wall Streeters found guilty of a crime. Where is it written that politicians can use the public treasury for THEIR” benefit?
Anyway, I gotta think OWS is probably helping the tourist business in the Wall Street area since it is now ‘international” and no one is going to go home and say they never saw this “happening.” Oi vey, the children of the left have been wanting all their lives for OWS so...here we go again “dancing like its 1965!”