Monday, October 17, 2011

Occupy

Again, these banks need to show good faith by reforming themselves. They know exactly what to do, and they know how to make the reforms felt in public.
If they make the best transformative corrections to their most wealth-destructive hammers in the average family budget, there are those in Congress and at Occupy who will acknowledge, and take note.
If the reforms are bona fide, they will be enacted into law by our more responsible lawmakers. Banking doesn't need us to keep telling them what is anathema to the public, to a majority of depositors. It doesn't need Occupy to identify individuals for them to demand from, to argue with, and to compromise.
Occupy doesn't need the George Bush model of capitalistic democracy. They don't need to invent an 'appointment' to a leadership position, which will then enable them to buy the concomitant 'policy' thereafter.
If Occupy sticks to its own democracy as long as possible, then it's the model of what it is asking
of current U.S. policy-making sectors.
Otherwise, Occupy could elect a Supreme Leader, some representatives, some magistrates, and
spend all its time attempting to maintain its systems...just the way Congress and business are doing now, to the disenfranchisement of 99% of the public, ergo the public good. Circular much?
Today's news: pensions are taking another hit on Wall Street. So familiar. Since these banks got
bailed out from a public Welfare constructed just for them, my pension check shrinks a little bit
more every year.
Now exactly how is that supposed to work when I have family members out of work, no cost
of living on the Social Security I contributed larger and larger amounts to all my working life, and youngsters in my family dependent upon all of this- while the price of food and gas does go up?
Is it my bank, or my budget, that needs a bailout? At the very least, it is going to have to be both. As one of the 99%, I don't have to give a hoot about my credit rating. None of us does.
Banks can charge as many phony fees and interest rates (that bear no resemblance to the ability of the economy to sustain such rates if people are to eat) as they like. There isn't anything saying the many 'charges' will get paid. The reality could possibly come down to a vote of 99 to 1 that they won't.
Think then they might want to reform?

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