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A New Focus And Direction For The Occupy Wall Street Movement

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Another critical issue that affects all aspects of our governance and economy is the explosion of campaign finance money in our elections due mostly to the Citizens United ruling. There is no way for OWS or any other group to change the vast inequity of the distribution of wealth in this country or curtail corporate corruption without regulating campaign finance. OWS must press for a very strong Constitutional amendment to limit this corporate financial influence. The third major issue is highlighted by the "Occupy Wall   Street" movement name. They need to continue to focus like a laser on the reckless and predatory activities within the financial industry. Wall Street's practices of bundling mortgages and writing derivatives fueled the housing boom greatly enriching their bottom lines. They also misrepresented many of these securities leaving their clients holding the bag when the housing market crashed. The OWS movement needs to continue to hammer away at this issue while advocating for much stronger regulations along with smaller financial institutions.

The OWS movement needs to also support the three quality of life issues I stated as important but not core issues. They are universal healthcare, alternative renewable energy, and the strengthening of industry regulation.   These subjects are vital for all Americans. The physical and economic health of the United States hinges on our success in achieving victories within these sectors. My belief is that if the Occupy Wall Street movement adopts and sticks to these issues and goals, they will significantly extend their influence within the American populace and electorate. The movement has the potential of changing both the content and the character of our political system. My hope is that they do not waste this opportunity by presenting a fractured and sometimes confused message. I believe they are organizing now to do exactly this and they will come out in a big way when the weather warms. Our country needs their message, enthusiasm, and dedication. I am rooting for them and I will try to support them more substantially in the future. We all need to do so. The United States is at a critical juncture. We can follow the right wing Republicans into a deeper era of corporate cronyism and anti-intellectualism or we can look to the future and follow OWS as they attempt to make this country a better place for we the 99%.

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I am a 54 year old financial services professional. I graduated from Wagner College in 1980 with a Bachelor of Science in Economics and Business Administration with a minor in Sociology. My interests beyond economics lie in politics, literature, (more...)
 

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The Occupy Wall Street movement needs to come out ... by Howard Schneider on Tuesday, Mar 6, 2012 at 9:57:13 AM
Hello Howard,I agree with all of the above.  ... by David McBain on Tuesday, Mar 6, 2012 at 2:07:23 PM
Thank you very much for your kind comments, David.... by Howard Schneider on Wednesday, Mar 7, 2012 at 10:18:17 AM
"The Supreme Court in the Citizens United decision... by Larry Kachimba on Tuesday, Mar 6, 2012 at 6:08:06 PM
Your idea about using legislation to strip the Sup... by Howard Schneider on Wednesday, Mar 7, 2012 at 11:41:33 AM
You may have missed Buffett saying there is a war... by Larry Kachimba on Wednesday, Mar 7, 2012 at 3:17:25 PM
The exceptions clause can be a double edge sword. ... by Howard Schneider on Wednesday, Mar 7, 2012 at 5:25:15 PM
the Amendments Clause is.  What is the b... by Larry Kachimba on Thursday, Mar 8, 2012 at 7:48:00 AM
The reason for my "slippery slope" statement is th... by Howard Schneider on Thursday, Mar 8, 2012 at 11:26:31 AM
to claim that use of the word "propaganda" is inf... by Larry Kachimba on Thursday, Mar 8, 2012 at 6:05:23 PM
Ron Paul and Newt Gingrich proposed using the Exce... by Howard Schneider on Friday, Mar 9, 2012 at 7:50:14 AM
You make one good point, but weaken it by using t... by Larry Kachimba on Sunday, Mar 11, 2012 at 4:54:46 AM
An apt example of the irrelevance of l... by Larry Kachimba on Sunday, Mar 11, 2012 at 6:37:54 AM
I agree with you that a Constitutional Amendment i... by Howard Schneider on Monday, Mar 12, 2012 at 11:26:39 AM