Showing posts with label demonstrations. Show all posts
Showing posts with label demonstrations. Show all posts

Monday, October 3, 2011

Occupy Denver: future middle-class calls for help

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.

Thursday, June 30, 2011

Anti-tax pols should look to the Greeks

Any U.S. Republican or Democrat who believes we can cut the deficit and balance the budget without a tax increase should listen closely to Greek protesters who ask "Why me?" when their government insists on austerity measures.

The Greek poor have a good argument if they haven't benefited from the huge debt their society built up before going bust over the last decade.

On the other hand, the hypocrisy of anti-tax politicians in Washington resounds all the louder because they ignored and allowed the speculative practices of Wall Street bankers and traders who got America into the mess we all find ourselves in today.

President Barack Obama took to the White House press-conference podium yesterday to scold Congress when he said, "These are bills that Congress ran up. ... Now they are saying, 'Maybe we don't have to pay.'"

Instead, the congressmen and women who oppose raising taxes -- mostly Republicans but including some Democrats -- want to cut government spending to the bone, which means they want the burden of curing the deficit placed squarely on the backs of the middle class and the poor.

Not only did the poor draw no benefit at all from the wealth generated on Wall Street before 2008, but companies all across America whittled away at the middle class by eliminating jobs; cutting salaries; pushing people into part-time, no-benefits positions; increasing health-insurance co-pays and deductibles; and forcing employees out of defined-benefit pensions into 401ks where their retirements were put at risk by the same Wall Street traders who caused the 2008 crash.

But the "cut-spending-only-crowd" has yet another motive. Opposing increased revenues for government today essentially means the rich will escape paying the government back for Bush tax cuts that made them even more wealthy over the past 10 years. Anti-tax pols have but one constituency it seems: the people who fund their re-election campaigns year after year.

Because George W. Bush promoted a lack of dissent as the only true expression of patriotism in America while all that was happening, neither the poor nor the dwindling middle class took to the streets to protest their lot.

But the Greek rock-throwers offer a glimpse of what could happen in America as more of the poor get poorer; more of what's left of the middle class gets pushed into poverty; and the rich inexorably keep getting richer, as seems the goal of the current Republican majority in the House.

Revolutions get started in the back streets of any nation; and the middle class in the U.S. elected Obama to change things for the better, not worse. If anti-tax Republicans and Democrats believe the population of their country will remain somnolent forever they should look to Greece and the Arab Spring, then remember the anti-Vietnam-war demonstrations of the 1960s.

The people here are not afraid to peacefully stand up against their government. They just have to be pushed hard enough.