Sunday, November 27, 2011

Connecting The Dots - The Crack Down On Occupy

Naomi Wolf has done a good job of connecting the dots regarding the crackdown on the Occupy movement. Occupy has hit the nail on the head, they have exposed the raw spot of America's solid link between political greed and corporate greed. When political greed and corporate greed are intrinsically linked and vehemently upheld, the ordinary citizen is left out of the equation. The ordinary citizen merely becomes a resource to be mined for assets and to support the link. Once the assets are extracted, the ordinary citizen is hung out to dry left with a flimsy excuse for democracy all shoved down their throats from the right wing of both parties, the fixated supporters of the status quo link.

Guardian UK: The shocking truth about the crackdown on Occupy
The No 1 agenda item: get the money out of politics. Most often cited was legislation to blunt the effect of the Citizens United ruling, which lets boundless sums enter the campaign process. No 2: reform the banking system to prevent fraud and manipulation, with the most frequent item being to restore the Glass-Steagall Act – the Depression-era law, done away with by President Clinton, that separates investment banks from commercial banks. This law would correct the conditions for the recent crisis, as investment banks could not take risks for profit that create kale derivatives out of thin air, and wipe out the commercial and savings banks.


No 3 was the most clarifying: draft laws against the little-known loophole that currently allows members of Congress to pass legislation affecting Delaware-based corporations in which they themselves are investors.


But wait: why on earth would Congress advise violent militarised reactions against its own peaceful constituents? The answer is straightforward: in recent years, members of Congress have started entering the system as members of the middle class (or upper middle class) – but they are leaving DC privy to vast personal wealth, as we see from the "scandal" of presidential contender Newt Gingrich's having been paid $1.8m for a few hours' "consulting" to special interests.

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