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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Showing posts with label Occupy Wall Street. Show all posts
Showing posts with label Occupy Wall Street. Show all posts
Wednesday, November 2, 2011
Sunday, October 16, 2011
Occupy and Change
This weekend, the "Occupy Wall Street" movement went national, even international, with protesters taking to the streets in cities across the world in sympathy with the original activists in New York. I very nearly did go downtown to watch and gauge the movement firsthand after a I met a fellow fay spirit while lunching at my favorite Scandinavian bistro. As it happened, I did not head down to see the activists, so my information about their aims remains dependent on the mixed messages reported in the news media.
One of the interesting things about this mixed bunch is their lack of leaders and unified message. In that sense they are not so very different from the Tea Party activists who seemed to appear out of nowhere in a short period of time to oppose a host of President Obama's policies, starting with the healthcare reform bill and growing into a potent political force that dragged the Republican party strongly to the right and changed the conversation profoundly in the run-up to the mid term elections. The OWS protesters coud not be more different in outward appearance, or tactics, and despite some liberal hopes that this ragtag army will restore equilibrium to the political world, I strongly doubt it. First and foremost, the Democratic party has not really decided what to do about this movement, just as the GOP initially hesitated in their approach to the Tea Parties. It's true that Nancy Pelosi has expressed some support, as has Al Gore, but they are certainly far less on the fringe than their counterparts on the right who rode the Tea Party wave; Nancy Pelosi, former Speaker of the House and currently Minority Leader and Al Gore, former Vice President and ex-Senator are a far cry from Sarah Palin and Michelle Bachmann. Critically, the protesters have not targeted any political party, but seem more inclusive in their approach - if they have a common ideal it is the power of rich corporations to control the political process. And that power of corporations is exercised through minions in both political parties and corporate dollars flow into the coffers ot all politicians. This group of economically disenfranchised activists is wary of all politicians; even if they probably dislike the GOP more than the Democrats, it is only a matter of degree.
While the liberals tended to disparage the Tea Party - for one, we could and still cannot understand why they would oppose policies that succored them in favor of the corporations that seem to enjoy the fruits of our labors, or rant against the government being involved in healthcare while vociferously defending their Medicare entitlements - the right wing press has naturally attacked the motives, methods and hygiene of the OWS activists, while also portraying them as losers who wish to deny the titans of Wall Street their honestly won wealth. In this, they are joined by the citizens of Wall Street, one of whom mocked the protesters with a sign in his office window. And yet, that single act might do more to galvanize this protest and turn it into a surging movement - Wall Street and its financial companies haven't just nearly destroyed the world economy, but they do not understand or accept the mistakes they made nor the debt of gratitude they owe the US taxpayer. They have been bailed out from their own mess with billions of tax dollars, yet they have paid not a single cent in return. Instead they have reaped massive profits even as the rest of the economy has sputtered. Their fancy derivatives have protected their profits (when guaranteed by the US Treasury), but not the actual assets, the houses and the people who own them have continued to sink into a sea of debt and the same banks that created this problem have reacted with incredible myopia and insensitivity. And in many cases, with less than legal or at least ethical methods. They have taken our money but given us nothing in return. Now the OWS movement demands that the system be straightened out and the balance between workers and management be restored. In many ways the situation today is not so very different from the days of the robber barons, minus the Pinkertons with rifles. But we have a system where all the profits are kept by a small sliver of the populace, though all of us suffer their losses. Corporate power has grown to ridiculous levels, and controls all aspects of life. Not in a sinister "Big Brother" style, but certainly very completely. We can no longer trust any news outlet without wondering what their motives are - Fox News is owned by Rupert Murdoch, NBC by GE, ABC is part of Disney Corp. These companies are not inherently evil and do not actively censor the news. But they are amoral corporations dedicated only to maximizing their short term profit and the media they own will naturally reflect their preferences.
Human costs simply do not enter into the calculations of corporations, and in the end that recognition is all that OWS needs to achieve in order to be considered successful. But getting their message across to the wider public while opposing the very organizations that own the media is definitely going to be a challenge. In this respect, the diffuse system of leadership, or lack of central leadership to be more honest may actually be an advantage. Speaking with a million different voices, espousing many messages, some that match and some that seem rather diverse, actually makes it impossible to block sans a concerted and illegal operation by many different corporations. And the corporate world while united in profiting on our dime, is no single entity capable of mounting such an exercise. Millions of opinions and messages flowing across the many social media cannot be stopped or controlled, except by heavy handed and ultimately counterproductive actions, a la Egypt's Mubarak. And with the activists standing loosely allied, and beholden to no single political party, the message itself, of equality and fairness, cannot be easily subverted or subsumed into a short term election agenda. This message will endure, no matter the outcome of the US elections, no matter who is president and who controls Congress. And ultimately, one hopes, a more equitable world will emerge, as it did back in the 1930s through the New Deal.
One of the interesting things about this mixed bunch is their lack of leaders and unified message. In that sense they are not so very different from the Tea Party activists who seemed to appear out of nowhere in a short period of time to oppose a host of President Obama's policies, starting with the healthcare reform bill and growing into a potent political force that dragged the Republican party strongly to the right and changed the conversation profoundly in the run-up to the mid term elections. The OWS protesters coud not be more different in outward appearance, or tactics, and despite some liberal hopes that this ragtag army will restore equilibrium to the political world, I strongly doubt it. First and foremost, the Democratic party has not really decided what to do about this movement, just as the GOP initially hesitated in their approach to the Tea Parties. It's true that Nancy Pelosi has expressed some support, as has Al Gore, but they are certainly far less on the fringe than their counterparts on the right who rode the Tea Party wave; Nancy Pelosi, former Speaker of the House and currently Minority Leader and Al Gore, former Vice President and ex-Senator are a far cry from Sarah Palin and Michelle Bachmann. Critically, the protesters have not targeted any political party, but seem more inclusive in their approach - if they have a common ideal it is the power of rich corporations to control the political process. And that power of corporations is exercised through minions in both political parties and corporate dollars flow into the coffers ot all politicians. This group of economically disenfranchised activists is wary of all politicians; even if they probably dislike the GOP more than the Democrats, it is only a matter of degree.
While the liberals tended to disparage the Tea Party - for one, we could and still cannot understand why they would oppose policies that succored them in favor of the corporations that seem to enjoy the fruits of our labors, or rant against the government being involved in healthcare while vociferously defending their Medicare entitlements - the right wing press has naturally attacked the motives, methods and hygiene of the OWS activists, while also portraying them as losers who wish to deny the titans of Wall Street their honestly won wealth. In this, they are joined by the citizens of Wall Street, one of whom mocked the protesters with a sign in his office window. And yet, that single act might do more to galvanize this protest and turn it into a surging movement - Wall Street and its financial companies haven't just nearly destroyed the world economy, but they do not understand or accept the mistakes they made nor the debt of gratitude they owe the US taxpayer. They have been bailed out from their own mess with billions of tax dollars, yet they have paid not a single cent in return. Instead they have reaped massive profits even as the rest of the economy has sputtered. Their fancy derivatives have protected their profits (when guaranteed by the US Treasury), but not the actual assets, the houses and the people who own them have continued to sink into a sea of debt and the same banks that created this problem have reacted with incredible myopia and insensitivity. And in many cases, with less than legal or at least ethical methods. They have taken our money but given us nothing in return. Now the OWS movement demands that the system be straightened out and the balance between workers and management be restored. In many ways the situation today is not so very different from the days of the robber barons, minus the Pinkertons with rifles. But we have a system where all the profits are kept by a small sliver of the populace, though all of us suffer their losses. Corporate power has grown to ridiculous levels, and controls all aspects of life. Not in a sinister "Big Brother" style, but certainly very completely. We can no longer trust any news outlet without wondering what their motives are - Fox News is owned by Rupert Murdoch, NBC by GE, ABC is part of Disney Corp. These companies are not inherently evil and do not actively censor the news. But they are amoral corporations dedicated only to maximizing their short term profit and the media they own will naturally reflect their preferences.
Human costs simply do not enter into the calculations of corporations, and in the end that recognition is all that OWS needs to achieve in order to be considered successful. But getting their message across to the wider public while opposing the very organizations that own the media is definitely going to be a challenge. In this respect, the diffuse system of leadership, or lack of central leadership to be more honest may actually be an advantage. Speaking with a million different voices, espousing many messages, some that match and some that seem rather diverse, actually makes it impossible to block sans a concerted and illegal operation by many different corporations. And the corporate world while united in profiting on our dime, is no single entity capable of mounting such an exercise. Millions of opinions and messages flowing across the many social media cannot be stopped or controlled, except by heavy handed and ultimately counterproductive actions, a la Egypt's Mubarak. And with the activists standing loosely allied, and beholden to no single political party, the message itself, of equality and fairness, cannot be easily subverted or subsumed into a short term election agenda. This message will endure, no matter the outcome of the US elections, no matter who is president and who controls Congress. And ultimately, one hopes, a more equitable world will emerge, as it did back in the 1930s through the New Deal.
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