Forum Post: Proposition for official demand and rallying cry
Posted 12 years ago on Sept. 22, 2011, 1:10 a.m. EST by gmarceau
(9)
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Here's my proposition for official demand and rallying cry:
bankrupt the banks
bail out the people
It clearly state who we think is the problem, I can be absorbed in a 1/2 sec tv cut, it offers a solution that is supported by prominent economist (Krugman, Sachs, Johnson), it is a solution which cleanly contrast the moral choice at hand. It doesn't require in-depth knowledge knowledge of economics or politics to intuit why it is an effective solution. And it is topical, since the EU about to decide how to deal with Greece's debt.
And we can refer people to Simon Johnson (of IMF)'s article on The Atlantic for the long-form version of that demand.
And it's going to be really fun to sing it during the marches. :)
Everyone should just bring a radio, and blast the song "They Don't Really Care About US" by michael.
Bail Out Student Loans !!!! that should be the slogan !!!!
BAIL OUT STUDENT LOANS
Who stole the Wall St. Bull?
One Demand: PUBLICLY FUNDED ELECTIONS!!!
Endless Wars = Endless Debt
The U.S. Constitution: An Idea Whose Time Has Come Again.
Put Wall Street Fraudsters In Jail.
Pro separation of bank and state
$2T Corp Profits Where are JOBS?
We're America's Shareholders We Bailed out the Banks Where is our Dividend?
BAIL OUT STUDENT LOAN & BREAK UP THE BANKS, NO MORE TOO BIG TO FAIL
As I was saying, "bankrupt the banks, bail out the people" is my one-liner version for the solution put forward by Simon Johnson of the IMF.
It is one thing truly remarkable and unexpected aspect of this protest, that we find ourselves on the same side as the IMF. "The IMF is on our side" is a great talking point, one that should be very effective at deflecting attempt to disparage our ideas with facile accusation of being uninformed or naive.
In the Atlantic article, Simon Johnson describes how the United States' economic ills are very much of the same nature as that of the 3rd world countries they are used to restructure. His prescription for the USA tackles the two panes of the problem.
Quoting:
For this, his prescription is to use the standard Federal Deposit Insurance Corporation process (basically a government-managed bankruptcy procedure for banks):
The solution in this case is:
Excellent, I will copy this and distribute. Thanks
Awesome. Go right ahead.
Notice that the Simon Johnson says nothing of the Federal Reserve. He is a central banker, and all central bankers believe they have the right to dictate to society and use their power to create money out of thin air to in-debt, bankrupt and take over countries. Start by ending the Federal Reserve, bring back Glass Steagle, and let bankruptcy clean out the financial system.
You know the line "Divide and conquer"? The left tends to do that to itself, we don't even need an oppressor to do it for us. We focus on finding faults in your allies so much, that we find ourselves atomized, divided and weak. It's a phenomena called The left eat its own..
Of course we don't agree on everything with the IMF. I suggest we focus on the common ground, and walk towards building a wide, powerful, far reaching coalition.