Friday, February 17, 2012

Occupy Chicago - Downtown - Through - Occupy

By David Roeder Business Reporter/droeder@suntimes.com

Occupy Chicago verts offered AGENDA

1.PASS HR 1489 REINSTATING GLASS-STEAGALL. A major depression era safeguard that divided the financial credit along with expense deposit servings associated with banks. Its repeal throughout 1999 is considered the major reason for the world economical crisis involving 2008-2009.

2. REPEAL BUSH TAX CUTS FOR THE WEALTHY.

3. FULLY INVESTIGATE AND PROSECUTE THE WALL STREET CRIMINALS who clearly smashed the actual law in addition to served cause this 2008 personal crisis.

4.OVERTURN CITIZENS UNITED v. U.S. A the new year Supreme Court decision which overpowered that will cash is speech. Corporations, because legal persons, are now authorized to contribute endless portions connected with capital for you to advertisments within the physical exercise of free speech.

5. PASS THE BUFFETT RULE ON FAIR TAXATION, CLOSE CORPORATE TAX LOOPHOLES, PROHIBIT HIDING FUNDS OFFSHORE.

6. GIVE THE SEC STRICTER REGULATORY POWER, STRENGTHEN THE CONSUMER PROTECTION BUREAU, AND PROVIDE ASSISTANCE FOR OWNERS OF FORECLOSED MORTGAGES WHO WERE VICTIMS OF PREDATORY LENDING.

7. TAKE STEPS TO LIMIT THE INFLUENCE OF LOBBYISTS AND ELIMINATE THE PRACTICE OF LOBBYISTS WRITING LEGISLATION.

8. ELIMINATE RIGHT OF FORMER GOVERNMENT REGULATORS TO WORK FOR CORPORATIONS OR INDUSTRIES THEY ONCE REGULATED.

9. ELIMINATE CORPORATE PERSONHOOD.

10. INSIST THE FEC STAND UP FOR THE PUBLIC INTEREST IN REGULATING PRIVATE USE OF PUBLIC AIRWAVES that will guarantee that political persons ARE GIVEN EQUAL TIME for free at reasonable time periods through plan season.

11. REFORM CAMPAIGN FINANCE WITH THE PASSAGE OF THE FAIR ELECTIONS NOW ACT (S.750, H.R. 1404).

12. FORGIVE STUDENT DEBT The similar associations in which afforded nearly $2T with settlements after which you can expanded $16T of loans during bit of in order to absolutely no awareness intended for financial institutions can certainly certainly pay for to forgive the particular $946B with pupil unsecured debt at the moment held. Not only will the following enjoy your 99% with the 1%, it has this useful outcome of a lot more individuals spending cash about actual goods, definitely not paying off interest.

Source: occupychi.org

Roeper:How will certainly Occupy Wall Street protesters succeed? Editorial: Wall Street protesters ought to be focused, simple Jackson: Justified protests usually are not likely away Related Stories

Chicago protesters march alongside categories that wrecked that economy

They ve recently been labeled disorganized, ragtag as well as unfocused. The Occupy Chicago group, which often protests daily on La Salle Street, can be each of that, but it could be their strength.

Members belonging to the team explained in which because the particular motion is usually tricky to help categorize, it utes difficult for you to attack. Its generalized nature may also make it additional fearsome to that business enterprise and management and Wall Street bankers that happen to be its main targets.

On Monday, several hundred Occupy Chicago followers congregated and marched at any given time frame at La Salle and Jackson, looking at about three handily positioned targets: Bank with America azines Chicago base, your Federal Reserve Bank with Chicago as well as the Chicago Board connected with Trade.

They have been high decibel however orderly. Plans required that marchers to be able to join alternative protesters neighborhood unions utilizing unique grievances who ve had obtained during Daley Plaza, the actual Federal Plaza, your Hyatt Regency along with Hilton Chicago that will converge in the Art Institute associated with Chicago ersus Modern Wing.

There has been a new danger of distinct groups using their individual agendas further muddling the particular protest message.

It ersus a chance worth taking, explained Marshall Stern, intended for in the application Awakened America to the modern discuss trail station WCPT-AM as well as a promoter from the rallies. This seriously isn't a normal movement.

Protesters defined this movement when leaderless seeing that in case this s positive. They reported these people expectation the particular amounts they will applied that lane and also the spontaneity will protein shake upward a political program beholden that will well-to-do interests.

And within Chicago from least, there're progressively obtaining a voice. While this New York protest has been criticized due to the catch-all grievances, the Chicago type paid out on a platform this has been authorised Saturday at the typical assembly, an workout within special democracy.

Leading out of a summary of 12 points has been a new wonkish one, a require to the reinstatement involving the federal Glass-Stegall Act, which often kept banking institutions from the investments business. Its repeal in 1999 was a precursor for the personal speculation resulting to the housing destroy and also a full U.S. recession.

Occupy Chicago also needs a repeal of duty haircuts for any abundant ratified less than President George W. Bush, prosecution associated with Wall Street criminals in addition to an important bank write-off involving student loans, concerning additional points which are shown at occupychi.org.

Protesters claimed they will joined the movement because doing so was expressing resentment that they ve experienced with regards to economic injustice. They said this Tea Party commenced which way, too, nonetheless has been hijacked simply by corporate interests.

I found Occupy Wall Street with YouTube as well as I said, This is definitely what I ve been recently preaching about for years, claimed Brendan Tooker, some sort of student and a bakery worker.

Some waved placards with the Board connected with Trade though confessing they have got bit of notion what moves on there. Others required liquidation with the Federal Reserve or even some sort of bailout for the unemployed, taken care of by means of increased fees on corporations.

Many would be surprised which in the Board with Trade building, their particular landscapes are not routinely condemned. I resolved to go on the market plus spoken together with them, they usually re also not obvious regarding precisely what that they want. They need to think of a new plan, stated Bob Winslow, a software designer at the Board connected with Trade.

Bob Meara, a broker, explained the particular protests are foolish and are appearing altered by outdoors groups. He also stated the actual focus on attacking banking companies is usually wrong.

The banking institutions are underneath hefty regulations now. It verts precisely why they are able to t generate loans, Meara said.

But he do we agree that the federal possesses allow Wall Street there are various hook, unlike when you are prosecutions that mature out from the cost savings and mortgage situation of the 1980s.

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