What does OWS (Occupy Wall Street) stand for? That is the question that has been on everyone’s lips this week.
As a participant in Occupy, let me answer what it means to me:
We are the 99%. We will not tolerate being exploited by the elite 1%.
Changes I’d like to see include but are not limited to:
-Overturning the Citizen’s United ruling by the Supreme Court, which protects unlimited (functionally often anonymous) political donations as “free speech” because “corporations are people.”
-Re-instating the Glass-Steagall Act of 1933 separating investment banks from commercial banks. (Including the repeal of the Graham-Leahy-Bliley Act).
-Auditing the Federal Reserve.
-Accountability for irresponsible and deliberately criminal financial trading practices in the form of jail sentences, not fines. An increase in the prison penalty for high-value financial dishonesty.
-A strict limitation on lobbyists in Washington, if not a complete and total ban on them.
-Legitimate representation of the People in the economic decisions that decide the future of our country.
-An end to government loans charging below 1% interest that can then be used by banks to invest in treasuries with over 2% interest return.
Republicans like to preach about earning their money and not asking for hand outs.
Wall Street are the ones getting hand outs – at the expense of our middle class who Does work for their money.