A The Onion called Occupy Wall Street to define a position so everybody could move on and ignore them.
The old guard doesn’t get Occupy Wall Street. They still think in terms of “political movements” when Occupy Wall Street is a moral movement.
For too long, Morality (and I mean Morality, not chest-banging in the name of a cause) have been absent from Politics; when morality should be the basis of politics.
I call immoral the recent move by Bank of America to unload their risky bets unto the unsuspecting American people. (And yes, it’s the American People, not the “taxpayers”, let alone “consumers” as the mainstream press degrades our role in society.)
Different groups have tried to shape the discourse in different, and comfortable, directions. Some try to paint Occupy Wall Street as a group of losers looking for a hand-out. Well, if you think of them like that, what do you think about Wall Street? To me, they are the bigger losers, and the ones who got the bigger handout.
And when I talk about handouts, I am not talking about the bailout money. Any political or financial commentary that says “they paid back the bailout money” is ignorant at best, and disingenuous at worst. The bailout hasn’t stopped. The banks continue to receive loans at record-breaking low-interest without any obligation to pass that money stolen from the working people (by the way, I am not talking about overall-wearing people here, I am talking about anybody who does work before being paid) to the society under any circumstances.
Did I mention the monstrous transfer of risk from Bank of America to the American People (yes, the We at the beginning of the Declaration of Independence; We, the ones that should have a government of the people, by the people, for the people).
The immorality of Wall Street traders (and no, Ann Ryan wasn’t talking about them: they are the ones who grow government to receiver bigger handouts) that permeates American politics needs some “checks and balances”.
Occupy Wall Street may be, or not, short on checks, but they sure are the moral balance to the decline of this great country.
Franklin @ October 20, 2011