To preface this - I'm not bothered by the...strange call-and-response-style discussion we're seeing here. I get the purpose, I'm not here to mock them for it, etc. Nor do I care much about demographics or whether they're showering enough or whatever. I'm more concerned/interested in the bigger picture here. If other people want to play those games, fine, but it ain't my bag. This is going to be about as all over the place as the OWS/99% protests are, though, so bear with me.
Being a conservative in Massachusetts, and being an active (and activist) atheist, I find myself surrounded a lot more by left wing types than many other right wingers. Thus, I've been getting nothing short of a barrage of the 99% movement in my Facebook feeds, via the few LJ communities I'm still active in, etc. It's giving me a warped viewpoint of the movement in that it feels bigger than it really is - just like how, if I went solely by what my circles are interested in, Community would be the highest-rated show on television and everyone listens to Spoon. There's that small part of me who sits here and thinks that this might have a shot at actually accomplishing something beyond irritating the locals, but then I see the video above and realize that there's a reason so many fringe movements and ideas fail to gain traction, and much of it has to do with a severe lack of organization (leaderless groups rarely work out well) and how one treats their allies. When John Lewis shows up to a left wing movement like this and is essentially tossed aside for ridiculous reasons, you're going to have trouble getting people you agree with on board, never mind people you need to convince.
The key problem with the OWS/99% movement can be boiled down to one salient point, I think: movements designed to hold people accountable for their actions don't really end well when you're trying to hold the wrong people to account. 90% of the "problems" they're identifying are government, rather than Wall Street/corporate ones, and all of their prescriptions require less freedom and/or making said problems worse. While there's no "official document" of demands (leadership vacuum strikes again), the things we hear over and over aren't really Wall Street issues - they're government issues, and they're issues that impact all of us. Examples:
*Overturn Citizens United: This is not a Wall Street issue at all, as the Citizens United ruling was more about a...group of citizens. Many of the complaints along this line keep bringing up corporate personhood, which has nothing to do with the ruling. To overturn this ruling would mean fewer speech rights, which is...kind of insane, to be frank, especially coming from people who seem to be embracing the idea of the power of many.
* Banking crimes: Not that they're identifying crimes that banks or bankers have committed in order to hold them accountable. The recent Bank of America issue seemed to really energize some folks, but the protesters again fail to recognize how the regulatory structure made it so. They get mad about the housing bubble, but fail to see how government tax policy and regulatory policy created it. They get mad about the bailouts without understanding that the major banks didn't have an option. I'm underwater on my mortgage - that's not Bank of America's fault - I'm the one who bought a home before the recession, and the government's the one who got us into this mess.
* Student loan debt: This one might tickle me the most. I have well over $40k in student loan debt right now for a degree in a field that is not very marketable and thus is more or less going unused, I went to a small private college and commuted to school daily, so my loans are lower than they would have been had I gone to some of the other private institutions locally. Yet, somehow, it's the banks fault that I have that much debt? If this is to be believed, the heavy bulk of loans are handled by the government anyway, and they aren't setting the prices of an education anyway. It's corporate America's fault that I'm working in publishing instead of a museum or teaching? Why not march on the colleges for charging $30k/year for an education? Completely misguided.
I can't figure out why more people aren't recognizing this - it's kind of depressing. Putting aside the living wage crackpots and the bonafide socialist folks involved, you've got a lot of people capable of actually making a difference and they're completely misfiring. Say what you want about the Tea Party (speaking of questionable populist movements...), but at least they understood where the problem was and actually organized in a productive way to try and fix it.
What's the problem here? Where did it go wrong, and how did it get there so quickly?
(no subject)
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Date: 10/10/11 22:24 (UTC)So this is a protest about bailouts from 40 years ago?
How about the WW2 era?
Or 80 years ago?
And please, they gladly took that money.
Not that they had a choice, which is the point.
(no subject)
Date: 10/10/11 22:29 (UTC)(no subject)
Date: 10/10/11 22:35 (UTC)I mean, Naomi Klein is making the same mistake in assuming the power lies in somewhere other than the government. What the hell is "occupying Wall Street" going to accomplish if it's ignoring the power structure?
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Date: 10/10/11 22:41 (UTC)(no subject)
Date: 10/10/11 22:45 (UTC)A fair point, but we all have the right and ability to lobby the government, and it doesn't always work in one direction or the other. The mortgage deduction is a good example of this in that it's a) not regulatory, b) keeps more money in consumer pockets and c) puts more money in the pockets of builders and lenders.
Yet even that helped fuel the crisis - interest only loans, bigger mortgages than could have probably been afforded since it's such a good tax writeoff, etc.
I think this also applies to the "Citizens United" case, as I don't think they are startled bystanders to find this largesse thrown their way.
But it still comes back down to the rights of individuals, even in Citizens United. The key precept of that ruling had nothing to do with corporate money and everything to do with individuals not losing their rights when they organize - something you'd think, in theory, the OWS protesters would embrace.
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Date: 10/10/11 22:56 (UTC)(no subject)
Date: 10/10/11 23:30 (UTC)And did anyone else notice only one person is allowed to use the megaphone? Probably would have been helpful to everyone else instead of just playing multiple rounds of Telephone...
So what Occupy Wall Street boils down to REALLY is anger with the government? Gee, why didn't these folks just join the Tea Party?
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Date: 10/10/11 23:47 (UTC)(no subject)
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Date: 10/10/11 23:53 (UTC)But often in grassroots movements, clear leadership eventually emerges. George Washington for example.
You're right. Perhaps the problems as identified are off the mark. Wall St is not at fault, it's government. Yet we all know who has the ear of government. Wall St runs the federal government in insidious ways... the resumes of gov't key players are overwhelmingly financiers and lawyers from Wall St firms. They are not the 99%ers, the labour, cashiers, nurses, plumbers, who make up Washington.
Protesting after the capitol bldgs is only good until next November, then they have to start on the fresh slate of politicians. Protesting Wall St effects change of longer terms. These 99% not only get the ear of Washington policy makers, but the ear of the lobbyists and future politicians too.
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Date: 11/10/11 00:00 (UTC)(no subject)
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From:What's Good For Banks. . . .
From:. . . Ain't Necessarily Good For Everyone.
From:Part II
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Date: 10/10/11 23:58 (UTC)If government wanted to help the middle class, it could go through with student loan reform. If government wanted to ease the burden of future cost of education to middle class, it could recreate a system of affordable government colleges that only teach.
But now government is really dealing with the fringes.
PS: Whole 99% thing is ridiculous as this includes 2-3% of incarcerated people and other 40+% of people who don't pay federal income tax. If this protest were organized by truly educated person asking for fairness, they would hold up some kind of bell curve instead of a meaningless number stolen from discount superstore window.
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Date: 11/10/11 00:05 (UTC)(no subject)
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Date: 11/10/11 01:50 (UTC)Corporate influence begat kooky regulation to strangle certain competition, which begat a new tactic using fear to ratchet up new start-ups so multi-national corporations could spread their assets into different markets, in case the home name (Monsanto, for example) takes a negative PR hit, or some criminal 'fines'. This disease that makes the OWS and TP participants uneasy and grouping to seek common answers is not a mole to be snipped off the skin, it is a tumor with tendrils in every major organ of society.
We are all fucked and no one can fix it, yet you can't respect the movement because THEY don't have the answers? What should they do, in your opinion? Watch NASCAR and buy something?
(no subject)
Date: 11/10/11 03:07 (UTC)Maybe they're in the parking lot.
We are all fucked and no one can fix it, yet you can't respect the movement because THEY don't have the answers?
Specifically, they have the wrong answers.
What should they do, in your opinion? Watch NASCAR and buy something?
Get off the occupied city block and start getting candidates to replace the ones that don't agree with them. Start petitioning the government.
Hell, if they really insist Wall Street is the problem, start pooling together money and buy some voting shares, and start showing up at stockholder meetings. Literally anything marginally productive is better than this.
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From:PS
Date: 11/10/11 01:51 (UTC)Isn't that like asking why Baby can't run the 440 yet?
Patience!
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Date: 11/10/11 03:05 (UTC)Re: PS
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Date: 11/10/11 02:17 (UTC)I agree; the protests are not organized. That might be the point. So many things are going horribly wrong with today's financial structure and institutions that it's hard to pinpoint exact fixes, especially in a political climate bordering on (insert sound of finger flapping lips).
Does that mean every protest should pinpoint a single problem, and they should vie for popular attention at the expense of the other protests and their other problems?
Besides, the 1% have finally embraced their douchie-ness and started to brag.
After this was noticed, the media actually started to pay attention. Way to go, failed PR.
(no subject)
Date: 11/10/11 02:35 (UTC)The issue, for me at least, is not that the protest should pinpoint one single problem, but rather be able to target the source of what the fix is. It's like having a problem with LiveJournal's Russian overlords, so I try to make your life difficult to fix it. Yeah, you're part of LiveJournal, you use the service, but that's where it ends.
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Date: 11/10/11 02:38 (UTC)Aaaand that's where you lost me.
(no subject)
Date: 11/10/11 03:11 (UTC)" it's the banks fault that I have that much debt?"
Date: 11/10/11 02:41 (UTC)Strawman or profound lack of understanding?
The idea of forgiving student debt is as a stimulus measure, not a 'boo hoo poor me' whinefest.
But given the conserative mantra of 'lol entitled whiners, get a jerb', unsurprising.
Re: " it's the banks fault that I have that much debt?"
Date: 11/10/11 03:10 (UTC)On the 99% tumblr that collects the silly photos, no fewer than 4 of them at the time of this writing are absolutely "boo hoo poor me" whinefests about their loan debt. If it's considered a stimulative matter (which, of course, it isn't, since that money would have to come out of something else), they're not playing that up.
No wonder you're freaked out.
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From:Re: " it's the banks fault that I have that much debt?"
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Date: 11/10/11 02:44 (UTC)(no subject)
Date: 11/10/11 02:49 (UTC)(no subject)
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Date: 11/10/11 02:45 (UTC)No, it was about a conservative PR organ funded by wealthy and corporate donors demanding the same rights as actual individual people. HUGE difference. That clarified, see if you can figure out why it's on Wall Streets door now.
Calling CU 'a ... group of citizens' is like calling the Hells Angels a.. bunch of dudes.
http://www.sourcewatch.org/index.php?title=Citizens_United
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Date: 11/10/11 03:12 (UTC)(no subject)
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Date: 11/10/11 02:49 (UTC)All I saw was people collecting ideas so they might come up with an organization of some sort.
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Date: 11/10/11 02:53 (UTC)(no subject)
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Date: 11/10/11 03:11 (UTC)(no subject)
Date: 11/10/11 03:15 (UTC)(no subject)
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Date: 11/10/11 03:50 (UTC)"Tea Party (speaking of questionable populist movements...), but at least they understood where the problem was and actually organized in a productive way to try and fix it."
Wrong.
"90% of the "problems" they're identifying are government, rather than Wall Street/corporate ones,"
Wrong - unless you consider the problem to be lack of regulation on Wall Street. The derivatives market was completely unregulated, and it exploded.
"This is not a Wall Street issue at all, as the Citizens United ruling was more about a...group of citizens."
Wrong. Just because the word "citizens" is in the name, doesn't mean that that is the only or primary focus of implication of the decision.
"They get mad about the housing bubble, but fail to see how government tax policy and regulatory policy created it."
Wrong. Total Bullshit.
"Student Loans"
Less wrong than the others, though note that a student can't go bankrupt on a student loan debt, which makes them different from other debts, and particularly burdensome on those students who's education doesn't lead to a high paying job.
"What's the problem here?"
Just that you're so wrong.
(no subject)
Date: 11/10/11 11:25 (UTC)Wrong.
How?
Wrong - unless you consider the problem to be lack of regulation on Wall Street. The derivatives market was completely unregulated, and it exploded.
Untrue, but the bubble wasn't created by the derivatives market, nor were the bad loans.
Wrong. Just because the word "citizens" is in the name, doesn't mean that that is the only or primary focus of implication of the decision.
I guess you didn't read the ruling either.
"They get mad about the housing bubble, but fail to see how government tax policy and regulatory policy created it."
Wrong. Total Bullshit.
Proof?
Less wrong than the others, though note that a student can't go bankrupt on a student loan debt, which makes them different from other debts, and particularly burdensome on those students who's education doesn't lead to a high paying job.
But you didn't address the main issues with them. Not that you're addressing much of anything at all here.
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Date: 11/10/11 15:56 (UTC)-source (http://www.guardian.co.uk/money/2006/dec/06/business.internationalnews)
that's the problem here. it didn't get there quickly.
for a few decades now this has been growing.
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Date: 11/10/11 16:16 (UTC)(no subject)
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Date: 11/10/11 17:45 (UTC)