Forum Post: How to Liberate America from Wall Street Rule
Posted 12 years ago on Nov. 12, 2011, 12:17 p.m. EST by HitGirl
(2263)
This content is user submitted and not an official statement
Banks should serve us, not own us!
Hi HitGirl, Good post. Good Link. Best Regards, Nevada
Nice to here from you.
What if we the people owned the banks? Cooperative corporations are the answer. They don't just serve the customers. They belong to the customers.
Credit Unions? I'm for it.
Pretty much! But the concept applies to any market, not just banks.
I agree. The 1% are mostly CEO's and bankers. We need to own the means of production or we'll never have security. States need to own their banks. The first step is taking back our government.
I don't want it owned by the government. Not even a state. It needs to be owned directly by the people. Otherwise we have a middle man that can hijack it for their own purposes. Would you trust a politician with your livelihood?
Describe how a thing is owned directly by the people.
Wouldn't the EASIST way to break wall st influence be to stop buying their products and thereby supporting their influence?
LOL...we're not buying their products. We couldn't afford it. Wall Street deals in financial instruments (investments) and derivatives (bets). I'm already not buying their products.
A national bank would be similar, it would be owned by all the people and would provide funds for economic development projects, without having to make obscene profits for greedy owners.
[Removed]
How about politicians serve us instead? Thus the term Public Servant. Right now they treat us as slaves.
"Public servant" is an oxymoron. Politicians don't work for citizens, they work for and are paid by banks and corporations. Thus the necessity of taking money out of politics.
The conundrum is that the people necessary to create such legislation are the ones benefiting from the current corrupt system.
Then get people you trust from OWS into politics.
The representative system doesn't work as it is not accountable to the people.
Then make it accountable by getting people in there you know will represent you honestly.
Who are then corrupted by mountains of money.
So you have no faith in the integrity of the people in OWS?
I have not faith in the representative system of government and the people who aspire to be in it.
Misconstrue to your heart's delight.
And you think it's going to change overnight?
They are servants too. The big investment banks finance their campaigns, so they must bow and scrape before the Banker Lords. Don't you recall when the banks warned Obama? Who has the power to warn the president of the United States?
Obama was already bought before he went into office. Politicians make laws. They have the ability to take control anytime they want too. They have the ability to kick lobbyists out of their offices. They are just weak.
That is partly true. Unfortunately we have a system that protects the minority, so a handful of greedy politicians can halt the law-making process. And any politician that pushes back against the banks is going to have to get re-elected without their help. So, yeah, they're weak. But why aren't we electing stronger representatives?
We do, and then they are bought and paid for as well. It is a continuous un-ending circular problem.
Good article by the way! Thank you for sharing.
The News portion of OWS website provided a link but I kept getting a 'file damaged' pop-up so I proved a link that works. Glad I could help.
Because stronger representatives aren't presented to us. The parties control who is put up, and those people are controlled by the parties. As soon as the 80% of Americans who habitually vote the D or the R stop that process then we can get back to having real people run for office. The problem is even if there is an altruistic person gets elected, they soon find that they are threatened by the party to go along or be a pariah. They all go along. That is the problem. We need representatives who will call the FBI and hold news conferences immediately upon entering Congress the first time they are leaned on, and name names, and demand an investigation into pressuring an elected official. Only need a few to do that. The Tea Party blew it by embracing the GOP instead of crushing them into oblivion.
Nobody stopping you from owning your own company, and having all the employees own it. Thats' what's great about this country.