28 November 2011 – US presidential contender Newt Gingrich was paid $1.8 million for a few hours’ “consulting” to special interests. There are inflated fees to lawmakers who turn lobbyists. And congressmen and women legislate their own companies’ profits. These are some of the reasons that the Occupy Wall Street movement is being shut down in a co-ordinated and violent attack, according to high profile author Naomi Wolf.
Writing in The Guardian last week, 25 November, Ms Wolf said that contrary to the accusations that the Occupy movement is hazy and ill-defined, the movement is in fact very specifically focused. She said its first three key demands are:
- To get the money out of politics. Most often cited was legislation to blunt the effect of the Citizens United ruling, which lets boundless sums enter the campaign process.
- To reform the banking system to prevent fraud and manipulation, with the most frequent item being to restore the Glass-Steagall Act – the Depression-era law, done away with by President Clinton, that separates investment banks from commercial banks. This law would correct the conditions for the recent crisis, as investment banks could not take risks for profit that create kale derivatives out of thin air, and wipe out the commercial and savings banks.
- Third, the most clarifying: to draft laws against the little-known loophole that currently allows members of Congress to pass legislation affecting Delaware-based corporations in which they themselves are investors.
The response is co-ordinated at the highest level Ms Wolf says..
“I noticed that rightwing pundits and politicians on the TV shows on which I was appearing were all on-message against OWS. Journalist Chris Hayes reported on a leaked memo that revealed lobbyists vying for an $850,000 contract to smear Occupy. Message coordination of this kind is impossible without a full-court press at the top.
“This was clearly not simply a case of a freaked-out mayors’, city-by-city municipal overreaction against mess in the parks and cranky campers. As the puzzle pieces fit together, they began to show coordination against OWS at the highest national levels.”
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