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Occuopy Wallstreet 2011

October 8, 2011 Leave a comment

here is alist of 12 demands  posted by the occupy chicago group. I think they are very  feasibile

Occupy Chicago proposed grievances

10/7/2011

These are the list of proposed demands. They will be up for vote tonight at 7pm @ 500 S Michigan Ave in front of the horse.

1.PASS HR 1489 REINSTATING GLASS-STEAGALL. – A depression era safeguard that separated the commercial lending and investment banking portions of banks. Its repeal in 1999 is considered the major cause of the global financial meltdown of 2008-2009.

2. REPEAL BUSH TAX CUTS FOR THE WEALTHY

3. FULLY INVESTIGATE AND PROSECUTE THE WALL STREET CRIMINALS who clearly broke the law and helped cause the 2008 financial crisis.

4.OVERTURN CITIZENS UNITED v. US. – A 2010 Supreme Court Decision which ruled that money is speech. Corporations, as legal persons, are now allowed to contribute unlimited amounts of money to campaigns in the exercise of free “speech.”

5. PASS THE BUFFET RULE ON FAIR TAXATION, CLOSE CORPORATE TAX LOOPHOLES, and PROHIBIT HIDING FUNDS OFFSHORE….

6. GIVE THE SEC STRICTER REGULATORY POWER, STRENGTHEN THE CONSUMER PROTECTION BUREAU, AND PROVIDE ASSISTANCE FOR OWNERS OF FORECLOSED MORTGAGES WHO WERE VICTIMS OF PREDATORY LENDING.

7. TAKE STEPS TO LIMIT THE INFLUENCE OF LOBBYISTS AND ELIMINATE THE PRACTICE OF LOBBYISTS WRITING LEGISLATION.

8. ELIMINATE RIGHT OF FORMER GOVERNMENT REGULATORS TO WORK FOR CORPORATIONS OR INDUSTRIES THEY ONCE REGULATED.

9. ELIMINATE CORPORATE PERSONHOOD.

10. INSIST THE FEC STAND UP FOR THE PUBLIC INTEREST IN REGULATING PRIVATE USE OF PUBLIC AIRWAVES to help ensure that political candidates ARE GIVEN EQUAL TIME for free at reasonable intervals during campaign season.

11. REFORM CAMPAIGN FINANCE WITH THE PASSAGE OF THE FAIR ELECTIONS NOW ACT (S.750, H.R. 1404).

12. FORGIVE STUDENT DEBT – The same institutions that gave almost $2T in bailouts and then extended $16T of loans at little to no interest for banks can surely afford to forgive the $946B of student debt currently held. Not only does this favor the 99% over the 1%, it has the practical effect of more citizens’ spending money on actual goods, not paying down interest

Against republican corruption and abandoning of the human element in our society…..

As well as Democratic party apathy and in action to fight for the middle class..

Not sure if they are truly silent on the issue or if the media is blacking them out…..seem like all we hear from are republican tea party people on TV…….

Why are we protesting­? One reason:
The income gap between the rich and the poor is more severe today than at any time since
the 1920s, just before the start of the Great Depression­. According to the American CIA,
income disparity is more severe in the United States than in 97 other countries, including
China, Iran, Russia, Egypt, and all of Europe. Nearly 1 in 3 American working families is
struggling just to meet basic needs. Except for the privileged top 3 percent, the United States
is falling behind.

here is a link to occupy NOLA

 

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