Forum Post: When is OWS going to Occupy the SEC?
Posted 12 years ago on Dec. 15, 2011, 10:22 p.m. EST by ch2x
(1)
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SEC is a sham organization whose sole purpose is to placate the public while conduct as little policing as possible. It enables the likes of Madoff with zero culpability and accountability. They routinely elect to slap the hands of financial criminal rather than doling out real punishment. They condone the conduct of the TBTF institutions and is very much responsible to the predicament of starving Main St to benefit Wall St. OWS should force SEC reform and support the likes of Judge Rakoff.
I completely agree with you about the pattern of negligence exhibited by the SEC after what happened, and I agree that SEC reform and support for men like Rakoff is integral to fixing things. In the longer term, however, I'd like to suggest a new paradigm for staffing organizations like this. There are already scholarships available for joining the ROTC, and for coming to work at certain government labs. Why not do something similar for government agencies? Offer prospective business and finance majors a scholarship in exchange for a given number of years at the SEC, prospective environmental science and ecology majors scholarships for the EPA, and so on and so forth.
I'm with ya, was trying to start a discussion about this earlier...
Occupy the SEC! Congress is Illegally Insider Trading, but SEC Is too Busy Cracking Down on Kettle Chips http://getsmartnews.com/news/309444
Oh nooooh. I love Kettle chips. Are they corrupt too?
somehow I think kettle chips are the least of our problems...
If the SEC is a so-called sham governmental organization and, by definition, is biased against the 99% and, thus, on the side of Wall Street, what is one person supposed to do? Indeed, suppose that one person (and this means hundreds of thousands...more?) has been ripped off and burned by Wall Street? Do nothing? Count on the SEC? I think not. The answer for those of the 99% who were burned by Wall Street is to fight back in an effective manner designed to get money back and, and with it, a sense of justice. I mean securities arbitration. It is the burned investor's best friend. It is the best kept secret that Wall Street does not want people to know of, let alone utilize. I know. I have been doing it for 24 years. And I know securities arbitration if done well and right can win for burned investors. David can win against Goliath. For real. So in our reality now, where reform of government and agencies seems so out of reach, it seems both reasonable and logical to use what we have available now - right now. For disabled Americans, apply for every possible federal and state program. For students, apply for every school grant (GRANT) available. For renters and those facing foreclosure, do all one can to keep the sheriff from the door. For the hungry, food stamps are not much, but they are something. For burned investors, securities arbitration is alive, well, available and unlike so much that does not work in this America in the waning days of 2011, it has worked for years, and it does work now.
Why don't you start and see if anybody else follows you?
Nah, they are too busy picketing Walmart and protecting our right to camp in parks to actually demand that a government agency do its job.
Is there a mechanism for the people to bring charges? Any law people out there?
Yeah, they are too busy investigating people like Howard Stern!
I present to you the Lords of the Dirty Fucks!
http://occupywallst.org/forum/stop-the-evildoers/
The Revolution starts here!
We are already occupying the SEC. Take a look: http://occupythesec.nycga.net
Appreciate what you do, but what you have is a think tank, not an occupy event. It may be the basis of an occupy event, which should be all about getting media attention to start conversations and raise awareness.
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