What is the actual GOAL of this Occupy Wall Street protest?

@Taskr36 (13963)
United States
October 6, 2011 8:23pm CST
So I've seen little blurbs about the Occupy Wall Street bit and there's been some talk about it here on mylot. A lot of it has oddly been centered on accusing the police of brutality against the protesters. Obviously police are NOT rich, do NOT work for rich people, and are actually union members so I doubt the goal of the protests was to mob them, shove past them, and climb over their barricades to provoke them into using pepper spray and batons. So what is the real goal? Obviously these people have no jobs. Many have claimed the goal is to stay there for months. I don't know of anyone with a real job who can spend weeks on Wall Street protesting. The protest is supposedly about hating corporate greed. The people claim they are angry over being unemployed and their homes being foreclosed on by banks. What does this protest do to fix their problems? Will protesting for months get them jobs? Will it earn them money to get their houses out of foreclosure? As far as I can tell their only goal is to complain and attempt to harm the reputations of police who are their to protect the people who are actually going to and from JOBS. I don't know about you, but when I'm unemployed I've found the best way to fix my situation is to job hunt, pound the pavement, and occasionally take up menial labor type jobs to make ends meat. I've never heard of anyone getting a job by complaining that people on Wall Street have more money than they do.
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6 responses
@xfahctor (14118)
• Lancaster, New Hampshire
7 Oct 11
I can only speak for the group I had personal contact with, in the "Occupy New Hampshire" branch of it. They seemed a bit more sensible, realistic and focused. There were definitive and different types of groups, including a respectably sized libertarian group who had taken some common causes in the cited agenda. Although there were a few who didn't seem to understand exactly why capitalism was evil and just "knew" it was, they were surprisingly receptive to counter information and asked intelligent questions. And more encouraging was the agenda list. It was concise, detailed and although a few read like standard democratic and progressive talking points, others were things I actually agreed with or at least saw the apparent logic in. These were folks who all had jobs and lives but were still willing to dedicate a lot of their free time in shifts to "occupy" Manchester and eventually, the state house in Concord. Here is the agenda.....surprisingly specific and focused (thugh I don't agree with it all): CONGRESS PASS HR 1489 ("RETURN TO PRUDENT BANKING ACT" http://www.govtrack.us/congress/bill.xpd?bill=h112-1489 ). THIS REINSTATES MANY PROVISIONS OF THE GLASS-STEAGALL ACT. http://en.wikipedia.org/wiki/Glass–Steagall_Act --- Wiki entry summary: The repeal of provisions of the Glass–Steagall Act of 1933 by the Gramm–Leach–Bliley Act in 1999 effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks. Most economists believe this repeal directly contributed to the severity of the Financial crisis of 2007–2011 by allowing Wall Street investment banking firms to gamble with their depositors' money that was held in commercial banks owned or created by the investment firms. Here's detail on repeal in 1999 and how it happened: http://en.wikipedia.org/wiki/Glass–Steagall_Act#Repeal. USE CONGRESSIONAL AUTHORITY AND OVERSIGHT TO ENSURE APPROPRIATE FEDERAL AGENCIES FULLY INVESTIGATE AND PROSECUTE THE WALL STREET CRIMINALS who clearly broke the law and helped cause the 2008 financial crisis in the following notable cases: (insert list of the most clear cut criminal actions). There is a pretty broad consensus that there is a clear group of people who got away with millions / billions illegally and haven't been brought to justice. Boy would this be long overdue and cathartic for millions of Americans. It would also be a shot across the bow for the financial industry. If you watch the solidly researched and awared winning documentary film "Inside Job" that was narrated by Matt Damon (pretty brave Matt!) and do other research, it wouldn't take long to develop the list. CONGRESS ENACT LEGISLATION TO PROTECT OUR DEMOCRACY BY REVERSING THE EFFECTS OF THE CITIZENS UNITED SUPREME COURT DECISION which essentially said corporations can spend as much as they want on elections. The result is that corporations can pretty much buy elections. Corporations should be highly limited in ability to contribute to political campaigns no matter what the election and no matter what the form of media. This legislation should also RE-ESTABLISH THE PUBLIC AIRWAVES IN THE U.S. SO THAT POLITICAL CANDIDATES ARE GIVEN EQUAL TIME FOR FREE AT REASONABLE INTERVALS IN DAILY PROGRAMMING DURING CAMPAIGN SEASON. The same should extend to other media. CONGRESS PASS THE BUFFETT RULE ON FAIR TAXATION SO THE RICH AND CORPORATIONS PAY THEIR FAIR SHARE & CLOSE CORPORATE TAX LOOP HOLES AND ENACT A PROHIBITION ON HIDING FUNDS OFF SHORE. No more GE paying zero or negative taxes. Pass the Buffet Rule on fair taxation so the rich pay their fair share. (If we have a really had a good negotiating position and have the place surrounded, we could actually dial up taxes on millionaires, billionaires and corporations even higher...back to what they once were in the 50's and 60's. CONGRESS COMPLETELY REVAMP THE SECURITIES AND EXCHANGE COMMISSION and staff it at all levels with proven professionals who get the job done protecting the integrity of the marketplace so citizens and investors are both protected. This agency needs a large staff and needs to be well-funded. It's currently has a joke of a budget and is run by Wall St. insiders who often leave for high ticket cushy jobs with the corporations they were just regulating. Hmmm. CONGRESS PASS SPECIFIC AND EFFECTIVE LAWS LIMITING THE INFLUENCE OF LOBBYISTS AND ELIMINATING THE PRACTICE OF LOBBYISTS WRITING LEGISLATION THAT ENDS UP ON THE FLOOR OF CONGRESS. CONGRESS PASSING "Revolving Door Legislation" LEGISLATION ELIMINATING THE ABILITY OF FORMER GOVERNMENT REGULATORS GOING TO WORK FOR CORPORATIONS THAT THEY ONCE REGULATED. So, you don't get to work at the FDA for five years playing softball with Pfizer and then go to work for Pfizer making $195,000 a year. While they're at it, Congress should pass specific and effective laws to enforce strict judicial standards of conduct in matters concerning conflicts of interest. So long as judges are culled from the ranks of corporate attorneys the 1% will retain control.
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@Taskr36 (13963)
• United States
7 Oct 11
Thanks for finding that. The problem is, there actions don't seem directed towards accomplishing any of these goals. From what I've seen, even from videos they themselves have made, they just keep crying about being unemployed and saying that Wall Street bankers are to blame for all their problems. Aside from taxing the rich, I haven't seen anyone at these protests say anything about the listed goals. I also don't see why Wall Street is even their target, since these goals require them to deal with congress, not Wall Street. Their belief that congress can overrule the supreme court is just laughable.
• United States
9 Oct 11
Taskr, well all know that our corrupt system is run by the people with all of the money. And, the majority of that money resides on Wall Street. If you listen to small business owners the banks are to blame for some of the unemployed because of their lack of lending. If you listen to CNBC sometime you will hear what I am talking about. Maybe it is time that congress can overrule the most corrupt court in the land?
• United States
9 Oct 11
The problem to me seems that the politicians are even more corrupt and enable the bad behavior. If we put our faith in government to "control" the financial industry, what are we getting? Seriously. I don't think a lot of folks out there in the streets realize the implications of what they desire at heart.
• United States
7 Oct 11
The people protesting are all trash who have been fired from their jobs and live on government support. They are people who cannot support their own lives and think the government should be helping them with everything. So basically their goal, is to ruin America for all the hard working citizens, by supporting the restriction of freedom in the U.S. so they don't have to actually work to earn things in life. I guess people don't appreciate our freedoms anymore and haven't ever looked in a history book. The ultimate goal of the people leading these protests is to have a socialist form of government. Socialist government's have always resulted in one person gaining lots of power over the people and declining countries. They oppose capitalism because they watched a little to much Michael Moore and don't want to have to work in life to achieve their goals of gaining power.
1 person likes this
• United States
7 Oct 11
WOW, where to start? First off, if you read the post before you, you would see that they AREN'T trying to live off of the government, they are trying to take it back. Second, I see you haven't read YOUR history book lately, what they are doing is a freedom given to them by the CONSTITUTION of the United States of America. You see, in this country we are allowed to gather in groups, and speak our minds. If capitalism was so great, and works so well than please show me a country that is or has been run totally on capitalistic ideals? That was a rhetorical question, it has NEVER been done, and for good reason.
• United States
7 Oct 11
You silly nilly. Watch the live streams and they interview a bunch of the protestors and they tell what their jobS are. Yes, some work up to 3 jobs.
@skysuccess (8858)
• Singapore
11 Oct 11
Taskr36, The way I see it, I believe this is a desperate attempt of the people to get the government to act against the errant bankers or the so called financial geniuses who are responsible for this current financial catastrophe. They should not be free and living as if they are not responsible. It is just not right and certainly not fair justice.
@Taskr36 (13963)
• United States
11 Oct 11
What about all the people who stopped paying their mortgages, walked away from their commitments, and were the root cause of this? Shouldn't they be held responsible as well? We all know the banks made bad loans, but those loans were bad only because the people who took them didn't pay them back. Not only did that ruin the banks, it also ruined the property value of their neighbors.
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@Taskr36 (13963)
• United States
13 Oct 11
Credit ratings really don't say as much as you'd think. I've known people that were literally buried in debt and still had credit scores in the 700's because they paid their bills on time. Frankly, my credit score was at its LOWEST before I started accumulating debt. I only had one credit card, paid it to zero every month, paid down my car in 3 years, and didn't have the slightest bit of debt yet I had a bad credit score because I only had one credit card. Once I got a few more cards and accumulated a little debt paying for my wedding, and later fixing my car suddenly my credit score hit 740. I am so not kidding.
1 person likes this
• Singapore
12 Oct 11
Taskr36, I think you forgot that it was the banks that first encouraged the people to take up these risky unsecured loans. Also, where's the credit check on the loan applicant which most of them (now defaulters) are extending well and beyond. I am sorry but the banks (ALL) could have rejected these applications and have the economy in order. So much about the credit bureau and credit ratings, it is obvious the banks did not do their due diligence here.
• United States
7 Oct 11
Taskr, I think the protest is to shine light on the difference between the rich, and the rest of us. If you did what these bankers did to this country in other countries you would find yourself in jail, or in the ground. Look at what happens to people who work for these international banks when they screw up. They go to jail, and not Club Fed, but a real jail. The bankers that destroyed this country are living off of eight and nine figure bank accounts, not worried about where their next meal is going to come from. I really can't speak about being unemployed seeing how I have NEVER been unemployed in my life, but I think these people are doing what our founding fathers wanted them to do. The last time I checked they have the CONSTITUTIONAL right to do this, and yet the VAST majority of people complaining about this are right wingers, and do so with a bible in one hand and a copy of the constitution in the other. The beautiful thing about the constitution is that it doesn't protect only one party, it protects both!!!!
@Taskr36 (13963)
• United States
7 Oct 11
I don't hear anybody claiming they don't have the constitutional right to do this. That right is clearly spelled out. They don't have the right to attack police or climb barricades, but then the ones doing that are the only ones getting arrested. I just don't see a point to shining a light on income disparity. We already know that the rich are richer than the poor and middle class. It's not a secret. I don't think standing in front of a bank yelling is going to fix anything. It certainly isn't going to put bankers in jail. If they are unemployed, I think you and I can both squarely agree that these protests are not going to get them jobs. I also seriously doubt that many of them were fired by the banks on Wall Street that they're protesting in front of.
• United States
7 Oct 11
Taskr, the police have been out in full force in this protest, and some have said that officers were giving contraindicating orders when they marched on the bridge, leading some protesters to be arrested. I do see the point, if you just ignore something than how will we make any progress? Should we ignore injustices in this world, and just hope that they will get better? We all know that our political, and economic system in this country is corrupt, and needs to change. If we don't stand up, it won't get any better. Many of those that are protesting were not fired by the banks, but the system that they support and fund everyday did. Our financial system was bailed out by the same people that receive hundreds of millions in donations, and contributions from. I am sure there is NO conflict of interest here at all, and I am sure that they NEVER would ask for ANYTHING from their large amounts of money. We all know the system is corrupt, and we all know that we are the ones being screwed. It is good to see at least some Americans standing up to this corruption, and forcing the country to open their eyes, even if it won't change anything TODAY.
@matersfish (6306)
• United States
7 Oct 11
Like I've said on previous discussions about these folks, I've read the site and it still seems like a hodgepodge of different ideas, many of which are being constructed after the fact to do the whole "hearts and minds" bit. If they are protesting against greed, I think a lot of these people are a little blind to what greed is. Wanting something for nothing is greed. Greed is an excessive desire for wealth. And while I know you cannot paint the entire movement with one brush, I do know there are plenty protesting who want nothing more than wealth taken away from someone else and given to them - namely the bozos acting as if they're too entitled to work $7/hour jobs or to apply themselves a little harder. It also seems to me like a lot of these folks are the usual suspects. They weren't suddenly awakened and pulled to a cause. You can probably catch most of them at the local protest of the month. I bust their chops, because I think a list of demands for America coming from people who mooch in the first place is rucking fetarded. But I respect the people out there who do not obstruct other people from working and who work--at least try to work--themselves. For the rest of the I'm-too-good-to-work-for-you-but-I'm-still-entitled-to-your-money crowd, they just lose me. It's something I can't understand. I'd kick my own @ss to volunteer to be a homeless person and protest about people with money. When I was bored last night, I logged onto one of those microwork sites and did quick one-minute, 50-word writing tasks. I made $50 in 2 hours doing it. And I do these types of things dozens of times per week. So I can't help but say WTF to some folks. I guess my work ethic is different.
• United States
7 Oct 11
I thought you said you read their website? http://occupywallst.org/forum/proposed-list-of-demands-please-help-editadd-so-th/ Yeesh. The list is a work in progress. They have a daily assembly in which they discuss what to put forward in order to fix the problems Republicants have spent the last 30 years getting us into.
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@Taskr36 (13963)
• United States
9 Oct 11
Words on a website don't mean jack if the people on the streets are preaching something completely different.