Forum Post: The List of Demands are too soft.
Posted 12 years ago on Oct. 10, 2011, 7:53 p.m. EST by SystemsInPractice
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If you're gonna enter a bank waving a gun around, why demand lollipops? Unless the List of Demands are improved upon, this movement will amount to a missed opportunity.
Given that Financial Institutions have failed us, that we, the tax payers, have to salvage them when they go under, that we cannot trust wall street icones anymore, I recommand that a new Bill of Rights be prepared and voted directly by the people (direct democracy) to promote only one fundamental principle, that is the principle of cooperation, i.e. one man one vote, regardless of the number of shares one owns in the institution. The principle of cooperation (much like it is the case for Credit Unions or a financial coopearative like Desjardins in Quebec) would be the only basis of incorporation of all Financial Institutions, including Banks, Trusts, Insurance companies, Loans companies, etc. Current institutions would be required by law to change their incorporation charters and retrofit themselves into cooperatives, with the priniciple of one man one vote as a new modus operandi. With this principle, the managers of Financial Institutions would't be able anymore to allocate themselves immoral bonuses like they do today, because they would never have more than one vote, like everybody else, in the organisation, regardless of the number of shares they might own. Majority share holders rules would then be something of the past
Citing an overwhelming number of requests from parents that he continue to provide them with a "time-out" from their leech-like adult "children" who, having found a paucity of demand for jobs requiring advanced degrees in "Trans-Gendered Art History" and "14th Century Bulgarian Poetry", had moved back into their basements and couches, Mayor Bloomberg, today announced, that Occupy Wall Street protesters can stay in the park for as long as they choose. Bloomberg stated:"Its the least that I can do for the parents, many of whose investing activity contributed to my immense fortune!"
Exactly, their demands are wholly ineffectively resulting in missed opportunity, and although I'm all in favor of taking down today's ineffective and inefficient Top 10% Management Group of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves. Consequently, I have posted a 1-page Summary of the Strategic Legal Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:
http://getsatisfaction.com/americanselect/topics/on_strategic_legal_policy_organizational_operational_structures_tactical_investment_procedures
Join
http://finance.groups.yahoo.com/group/StrategicInternationalSystems/
if you want to support a Presidential Candidate Committee at AmericansElect.org in support of the above bank-focused platform.
You all are great! This great financial reform movement has been a dream of mine since 2008, after hearing the Congressional Hearing on Energy Reform and on how Financial Deregulations hurts the hard working Americans, and turns undeserved brokers/executives into overnight Millionaires!
So I feel (and many others) that only way we can get back on safe financial footing again is to close the Enron Loophole, created for energy/oil speculators, and bring back The Glass-Steagall Act of 1933, which prevented the current banking and insurance scams/loopholes. After all, it worked great until late 90's, until when Congress threw it out. Since then, like prior to 1933, we are experiencing what our country went though then, total Wall Street Greed with no Penalties, its all legal Gambling now...thanks to the architects of our new system in 1999, President Clinton and Rep Senator Phil Gramm. Think about where we are now, it all started in 1999 with the subprime loans Gramm was peaching on Senate floor. http://www.youtube.com/watch?v=gKQOxr2wBZQ&feature=related
And for the Free Trade Movement, bringing back the Glass-Steagall Act will not hurt our financial markets or hinder Free Trade, as the GOP rhetoric claims, instead with this back in PLACE bankers can still make millions a day, but not the trillions as they do now on the accounts of hard working Americans.
Bankers need more regulation, not less. Don't let the Bankers new Game to charge for debit cards as the results of the Dodd/Frank Wall Street Reform and Consumer Protection Act surprise you. Right after it passed, we have the banking lobby on national TV saying that "we" will pay for it, after we bailed them out, What nerve! So this is their response to having it their way since 1999: We have have to find a way to give out Executives their way out of line bonuses: Bingo, charge for debit cards! This is them throwing their influence over our Election officials, that are suppose to work for us, after all we voted for them to do the right thing, which doesn't include the banking lobbyist agenda....
Cheers to all that are involved. Let's get focused and bring back Glass-Steagall Act of 1933, they got it right 1933, we don't need to reinvent the wheel because bringing this Act back will create an even playing field once again....and let's also tell Congress to finally Close the Enron Loophole, which allowed Enron to charge what they wanted for energy; they went to jail for this; but no one closed the loophole, why? Re-election Monies from the banks and oil companies! The writing is on the wall.
Why we need Glass-Steagall to be reinstated:
http://www.investopedia.com/articles/03/071603.asp#axzz1aPEc3wXj http://www.counterpunch.org/2008/09/19/shattering-the-glass-steagall-act/
Why are oil prices high?
http://www.youtube.com/watch?v=waL5UxScgUw http://www.youtube.com/watch?v=zbdtTGYQBMU&feature=related http://www.youtube.com/watch?v=PNp0y0SjOkY&feature=related http://www.youtube.com/watch?v=f-kExdTgNZA&feature=channel
It takes two to screw us! Politicians to hold us down, so then the Corporations can do the screwing!!! Politicians need better rules to follow to prevent lobbying! We tax payers should also fund important elections, so the best person wins and not the one with the most money!!! Top 2 demands in my book! Write it down!
We need demands that EVERYONE will agree with. Make too strenuous of demand and you will lose members of the movement. This is about CONSENSUS.
So, you're saying that the overarching purpose of OWS is to drum up support, so that they can have a voice in the political arena?
It's such a mild objective when juxtaposed w/ the unprecedented magnitude of the movement.
The first stage is to drum up support. We also have to come up with changes that the vast majority of people agree with, while fighting off the influence of the 1%, people in the 99% who are against it out of spite or hope to benefit from metagaming things themselves, disinterest and fickleness in the remaining 99%... and then force those changes thru.
It's going to be a lot harder than you're imagining..
Okay, that makes sense. Drastic times call for drastic measures, even if the demands are relatively tame.