Corporate America is finally getting treated to its Arab Spring. Will it listen?
"Occupy Wall Street" is an informal movement of young people (college graduates without jobs commensurate to their education; activists without any other cause to jump on; victims of a Wall Street-induced financial crisis in 2008 for which no one has been held accountable but foreclosed home owners) gathering in a Manhattan park over the past two weeks to protest everything in their lives that makes them miserable.
And the movement is spreading as it should across the nation. The Denver Post wrote a short story about a demonstration held here yesterday that gathered 50 people at Broadway and Colfax, and then marched to the Federal Reserve building on the 16th Street Mall.
I've written about the growing efficacy of peaceful demonstrations around the world. And I've written about how the American poor and lower middle class gained nothing from the boom times that preceded the 2008-2009 Great Recession, but were the first to be punished for it by banks that recklessly lent them starter-home money just to collect the fees charged during a home purchase.
The Occupy Wall Street movement is a reflection of young peoples' dissatisfaction with President Barack Obama's cautionary approach to fulfilling his campaign promise of "hope and change."
If we're lucky, it may spread and grow through Election Day 2012, but unlike the Tea Party, set the country on a correct path out of our economic problems: taxing Wall Street millionaires who ripped off the country during the boom; passing a jobs act that puts more middle-class tradesmen and women to work and keeps teachers in their classrooms, and firefighters, policemen and other first-responders on the job; and offers small businesses tax credits to stimulate hiring.
America deserves the Occupy Wall Street movement on so many levels, it should only be happy its young citizens are taking to the streets to speak to power. If it accomplishes its amorphous ends, the movement will have provided the X- and Y- and Z-generations of Americans their own versions of the Peace and Civil Rights movements of the 1960s youth rebellion in these United States.
Have at it kids. It's your time.
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