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Wednesday, November 2, 2011

Occupying Left Field

Since my last blog, I've been following the Occupy Wall Street movement with a little more interest, fueled in part by segments on The Daily Show with Jon Stewart and last week's series with Citizen X in Doonesbury. While I had an instinctive sympathy for the protesters from the start, the cacophony of messages and disparate agenda made it harder to understand their aims. But once I delved a little deeper, and read a little more about them, I realized that these protesters, for all their reported elitist demeanor, are driven by the same angst that animates all of us. they are everyman, in a sense.

I suppose, though I still cannot understand them, that the Tea Party tapped into the same deep anger. Of course, one would have expected that anger at the economic mess that President Obama inherited would have been directed at the architects of the financial system's collapse. Yet strangely enough, the Tea Party galvanized opposition to the president, and in truly unfathomable twist, made the Affordable Healthcare Act the central point of their campaign against Big Government as personified by him, even as they rallied in defense of his perceived attack on Medicare, the epitome of Big Government, one would say. Stranger yet, the men elected with the support of the Tea Party wish to balance the budget by slashing Social Security; surely if Medicare is sacrosanct and not to be shrunk, especially by the government, the same would hold true for the other pillar of the Great Society.

Perhaps, the one lesson the Tea Party has taught us is that logic and rationality in the message are far less important than passion. That should enthuse the Occupy Wall Street movement, since passion is in no shortage amongst them. Their critics may watch the early snow storms and gleefully hope that the protesters will disperse before winter's iron fist, much like the Grand Army. But the fact is, whatever the message, most OWS protesters have a genuine grievance and are less likely to turn and limp away, when they have little to return to. Conservative critics may lampoon them as over-privileged over-indulged kids who don't want to work; the reality is that no matter how willing both spirit and flesh may be, there are precious few jobs on offer, much less to graduates fresh out of college with no work experience or those who have fallen victim to the recession and been out of work for months on end. Franklin Roosevelt could put America to work building the infrastructure that transformed a nation but today there are no comparable programs to absorb those thousands or millions of unemployed. Where then shall they go?

And the common target for that popular anger are the barons of Wall Street. Though many of the worker bees of Wall Street may not quite fall into the 1% category, their general refusal to accept their role in destroying the wealth of a generation marks them for dislike, loathing and even hate. I fully expected that in 2008, as the extent of their malfeasance came to light that we would see, metaphorically, mobs with torches and pitchforks. I misunderstood the power and extent of the control Wall Street exerts over the levers of government. Not only did the President and his advisers do much to avoid demonizing them (and still drew shrill rebuke for any remarks that were less than flattering to those titans of finance) but more importantly, the bailouts were tailored to protect their investments and profits at the expense of the taxpayer. It's instructive that Europe's negotiated bailout over the Greek debt involves a fifty percent write off by the banks. Contrast that with the hundred percent return that Wall Street was guaranteed on their poor investments and one may begin to understand the frustration and anger that's building amongst those who have seen their lives destroyed by clueless wizards waving their monetary wands and causing billions of dollars to vanish in the blink of an eye.

The Tea Party rode their passion to a huge Congressional victory, and today shape the future of the nation as they walk the halls of government. So far the OWS movement shows no interest in turning into a political beast. That is both its strength and ultimate weakness, for the soldiers on the frontline of this struggle will never know when the fight is over, much less will they reap any benefit personally, even when they force change as in the case of Bank of America and its now-aborted attempts to levy debit card fees on their customers. Those of us on the sidelines will win much as the OWS movement shapes the public discussion and hopefully nudges the spectrum back towards the middle and towards sanity. But they, the protesters who took to the streets of the financial world seeking to shine a light on the great disparities and twisted realities of the American Nightmare will fade from view and be forgotten. For them, victory will bring no success -  I only wonder if they know it. And how we will look upon them as this saga plays out. With nostalgia, with mild surprise, or sideways at them as we stand beside them in the trenches?

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