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Occupy Wall Street Brings New Hopes To Reformers in D.C.

Occupy Wall Street

First Posted: 10/19/11 07:40 PM ET Updated: 10/20/11 11:37 AM ET

WASHINGTON -- Progressive and public interest groups that have been advocating for years, if not decades, on behalf of the issues now animating the Occupy Wall Street protests are suddenly brimming with optimism.

"It's pretty amazing what a chord the message has struck," said David Donnelly, national campaigns director for the Public Campaign Action Fund.

"What we all hope for now is a changed political environment," he said. "That's the underlying hope here, that the ground shifts under Washington so that Washington pays more attention to what's happening in the country."

Robert S. Weissman, president of Public Citizen, the consumer group celebrating its 40th anniversary this week, said, "What we need is a movement that gives voice to the outrage that people feel over the state of the country, that speaks to Wall Street having crashed the economy with devastating effect on communities and virtual immunity for the perpetrators, and also for the capture of government by Wall Street and big business."

"And what they are doing is exactly what we need."

Adam Green, co-founder of the Progressive Change Campaign, welcomed the new developments.

"There's been a simmering anger about the corrupting role of corporate money on our politics, our democracy and our economy. And that simmering anger is now boiling over," said Green.

But what's particularly exciting about the Occupy protests, Weissman said, is how that anger is being expressed. "I think it's been deeply, deeply felt, but the main public expression of the outrage has [historically] been disengagement: 'It's hopeless.'"

Suddenly, Weissman said, it's different: "There's energy in the Occupy Wall Street movement, and there's an inherent optimism."

Green said he believes this has expanded opportunities for reform.

"There are things that are possible now in terms of corporate accountability campaigns and legislative solutions that were not possible just a month ago because of this new environment, and that's just going to keep moving in a positive trajectory so long as the Occupy movement just keeps growing," Green said.

After the Dodd-Frank Wall Street reform bill was passed, for instance, the conventional wisdom on Capitol Hill was that a window had closed. But Green said the Occupy movement "essentially reopens" that window, and "gives political leaders license" to introduce new legislation.

"Before, any Wall Street accountability or campaign finance reform bills would not be seen as having any credibility," Green said. Now, he said, public financing bills like the Fair Elections Now Act, or a reintroduced version of a proposal to break up the big banks could "quickly gain steam."

And if they are blocked, he continued, "that will play out right in front of voters."

Donnelly is less optimistic about legislation anytime soon.

"I don't think the dynamics have changed significantly as far as the prospects of getting legislation passed by Congress," he said.

But, he noted, "I am more optimistic that there's going to be a real debate about these questions."

Green suggested that there are other successful tactics citizens could end up using, without the help of Congress.

"If consumers vote in the marketplace, and move their money from the big banks and punish corporate actors in a sustained way, that will change the country," he said, by way of example. "'Move Your Money' is a people-powered solution to 'Too Big To Fail.'"

Could the protests even potentially change the dynamic of the 2012 elections? These advocates said yes.

"What's interesting is the degree to which this group of protesters has crystallized for the political class the otherwise quite evident fact that most of America is very upset about Wall Street and what it did to us," Weissman said. "That to me was self-evident prior to the Occupy movement, but it didn't seem to be so evident to many political figures."

He continued, "If somehow this jolts them to a recognition that we're living in a populist moment, and they adjust their campaigning and maybe even their policies, that would be consequential."

"Are they going to chase the money, or are they going to adopt a more populist frame that speaks to where the American people are?," he asked.

Watching the Obama campaign so far, however, Weissman said, "it seems to me that they're a little conflicted."

Donnelly said congressional candidates could come to the conclusion that embracing the populist message "is going to be worth much more to you than the money you could get from Wall Street. That would be a tremendous shift."

But it's also a tremendous amount of money; people associated with the finance, insurance and real estate sector have already made $96 million in direct donations to federal candidates this cycle.

"I'm hoping that there will be a new wave of candidates," said Bob Edgar, president of the public-interest advocacy group Common Cause. He said both parties would be well advised "to search out candidates who are uncommon in their ability to tell the truth."

"If a group can be swept away by the Tea Party there's no reason to think that a group can't be swept in by Occupy Wall Street," Edgar said.

Donnelly also sees future politicians in some of the movement's current protesters.

"You could see people turned on to be active in politics in lots of ways, including running for office," Donnelly said.

Meanwhile, sympathetic groups are trying to find the right way to help the movement grow and focus -- without being overbearing.

"These are authentic voices, they don't need us to tell them what to think," Donnelly said.

Edgar seconded, "Our understanding of movement-building is if any group tries to capture it from the top, it will sour the movement, so we are celebrating the fact that this a bottom-up revolution."

Donnelly said Public Campaign has visited several different protest sites, collecting stories from individual protesters about what money in politics means to them, and how it has affected them. Those stories will eventually be posted on a new website: occupydemocracy.org.

The group is also developing a teach-in model that includes facts and figures about money in politics, some proposed solutions to minimizing money's influence in the political system, and what actions people can take to advance those solutions.

"We want to make sure that they're connected to tangible things that people can do in their communities," Donnelly said.

And Public Campaign is also collecting comments from the "one percent," like the anonymous money manager quoted by the New York Times expressing disappointment that New York's Democratic senators had not jumped to Wall Street's defense.

“They need to understand who their constituency is,” the man told the Times.

Donnelly said of this one percent, "They are tone deaf, and we're going to hold up their tone deaf statements."

To become a truly potent political force, of course, the movement still has a ways to go.

"As exciting as it is, it's obviously nowhere near the scale needed to actually shift the political, cultural and economic terrain," Weissman said.

But the signs are strong.

"So far, the trajectory is all about growth," Green said. "Every week new occupy locations are formed, every week the number of people turning out increases."

*************************

Dan Froomkin is senior Washington correspondent for The Huffington Post. You can send him an email, bookmark his page; subscribe to his RSS feed, follow him on Twitter, friend him on Facebook, and/or become a fan and get email alerts when he writes.


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WASHINGTON -- Progressive and public interest groups that have been advocating for years, if not decades, on behalf of the issues now animating the Occupy Wall Street protests are suddenly brimming wi...
WASHINGTON -- Progressive and public interest groups that have been advocating for years, if not decades, on behalf of the issues now animating the Occupy Wall Street protests are suddenly brimming wi...
 
 
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COMMUNITY PUNDITS
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PhilipTaylor 11:23 PM on 10/19/2011
Martin Weiss’ “7 Major Advance Warnings” - author of “The Ultimate Money Guide for Bubbles, Busts, Recession and Depression.” Warning well in advance of the 2008 crash.  Weiss warns: EU banks problems are “bound to have a life-changing impact on nearly all investors in the U.S. and around the globe.”
 
1. Greece will default very soon  Read More...
 
2. The contagion of fear will spread as more governments and banks default.  Banks will refuse to lend “to indebted governments demanding outrageously high yields.”
 
3. European megabanks will collapse under weight of defaulting sovereign debts and mass withdrawals in Spain, France rippling across JPM, BofA, Citigroup
 
4. EU governments suffer new credit rating downgrades scramble using seriously flawed bailouts as governments gut their own fiscal balance
 
5. Spain and Italy next to face default on their massive $3.4 trillion in debt, or about 10 times more than Greece they too risk default.
 
6. Global debt markets will suffer a critical meltdown as nearly all debt markets in the world freeze up.  Withdrawals and panic spreads to France, Germany, Japan, the U.K. and the U.S.
 
7. Vicious cycle: sovereign defaults, bank failures, global depression as government defaults trigger more bank failures and NO credit flow to businesses and households.
 
Warning to investors: No bank bailouts, power to Occupy World. 
 
Finally America’s banking system will complete the 2008 meltdown and reforms will finally be made and Wall Street culture will change completely. Weiss says “NO bank bailouts” as the system is bankrupt, structurally and morally. 
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Reba Latimer
nurse
09:26 AM on 10/25/2011
these people want jobs,not hand outs,people are struggling to make ends meet,jobs are scarce.
corporate greed and bad politicians have put us in this position not laziness.
HUFFPOST SUPER USER
Honest Babe
02:13 PM on 10/21/2011
It has never been so blatantly obvious that our representatives in Congress have been sold to the highest bidders - those with the gold are making the rules. With every Republican candidate for President and a majority of those running for any other office, including dog catcher, touting the idea that Wall Street and any other business should be allowed to do anything they want and we should continue to pay for it as taxpayers, it's little wonder that people have begun to wake up and smell the coffee. This is not the first time we went down this road with disastrous results. These same policies brought us to a long and painful depression in the 1930's. Our congress has aided and abetted the creation of monopolies, have subsidized the status quo and stifled innovation in energy policy, have thwarted the first amendment rights of workers to bargain collectively for decent wages and working condidtions, and more. The establishment has demonized the working man and woman who don't happen to be millionaires and created this myth that somehow the very wealthy actually make a bigger contribution to our society. That idea is offensive and blatantly false. Workers create the products that are purchased by other workers that creates wealth. The very wealthy only have enough power to control the process, and when they decide that our economy will get moving again, it will happen. There is vast room for innovation and production in this country.
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TeebagsKiLLingAMERICA
underpayingTAXESisTreasonous
11:51 AM on 10/21/2011
In other leading industrialized countries the EXECUTIVES PAY is 5 to 15 times the wage of the workers.
A couple of greedy groups are at 20X.
American "execs" are at 400 times the American wage earner.
Bankers get BILLION$ in BONU$$E$ for stealing and denying loans and workers get fired to save money.
* Madame Defarge Watch: "Pay Disparity in US Exceeds France Under Its Last King"
and they had a revolution !
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HUFFPOST SUPER USER
NessEliot1932
Tax Fraud at 94% since we cannot Prosecute
03:08 AM on 10/21/2011
218,870 signatures ON GET MONEY OUT!
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HUFFPOST SUPER USER
NessEliot1932
Tax Fraud at 94% since we cannot Prosecute
03:07 AM on 10/21/2011
CURRENT TV - THE NEW "PEOPLE'S MEDIA!"
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HUFFPOST SUPER USER
Elijah A Alexander Jr
Elijah NatureBoy
06:07 PM on 10/20/2011
What it will take to get a constitutional government, since the Supreme Court gave corporations the right to bribe officials with "citizens United" decision, completely eliminate everyone in Legislation and Administration replaced with a new Constitutionally elected group. Nothing else will do it.

Finding someone, who will likely be killed by the puppeteers for ensuring faithful execution of the Constitution (Article 2, section 3), could be the problem. Since I'm the only person who appears to suggest complete government change, including those responsible for Citizens United's decision, I am willing to take that post because I believe I know how Jesus, if he did, came back to life. For that reason, and that one only, I'm suggesting I be the replacement.

According to Amendment 12 the people chooses presidential candidates but if we eliminate them before election 2012 Obama, should he resigns after firing the vice for being unconstitutionally elected, will have to name his successor. Demand he names me as http://www.change.org/petitions/eliminate-capitalistic-military-regime suggests and it is done.
04:16 PM on 10/20/2011
The protestors will have won a huge victory if they create a groundswell of sentiment for publicly financed election campaigns and against corporate money in any shape or form in politics.

OWS is positive start unfortunately Washington does not seem to be listening and wont until a half a million protestors set up camp on the mall; and when you listen to the disingenuous lying Wall Street facilitators in Congress they may only get that message when they see buckets of tar, sacks of feathers and nice long rails on the Capitol steps!
02:42 PM on 10/20/2011
by the time the 2nd " stimulus" is over.....unemployment shold be arond 12 percent, outstanding job mr president.
02:36 PM on 10/20/2011
article states.."the obama campaign seems to be a little conflicted..." ya think?
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HUFFPOST SUPER USER
Mr MOTO
Three Strikes And You're Not Out!
01:41 PM on 10/20/2011
The pamphlet says that members of the protest group who believe they are victims or who suspect sexual abuse "are encouraged to immediately report the incident to the Security Committee," which will investigate and "supply the abuser with counseling resources."

The directive also says, in part, "Though we do not encourage the involvement of the police in our community, the survivor has every right, and the support of Occupy Baltimore, to report the abuse to the appropriate authorities."
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Mr MOTO
Three Strikes And You're Not Out!
01:00 PM on 10/20/2011
Gallup - 50 percent of Americans blame President Barack Obama for the nation’s economic woes.

Center for American Progress - they’re [Americans] supportive of his proposed efforts to fix it.

Bloomberg - a Majority of Americans don’t think Obama’s plan will lower the unemployment rate.

Los Angeles Times/Bloomberg - 75 percent of Americans said the country’s economic condition had worsened since he became president.

NBC News/Wall Street Journal - a plurality of Americans blamed congressional Republicans for Standard & Poor’s downgrading the nation’s credit rating last month.
Genders
Love, Tolerance, Enlightenment
01:08 PM on 10/20/2011
Let's see how stupid voters really are: will they vote back in the GOP/Tea Tories who created the disasters?

Or will they vote smart for the Kucincih, Grayson CPC progressive folks in the primaries over the DLC Clinton Obama Reaganomics loving sellouts? Will they then vote for the dems in the general, bad as they are because the GOP/Tea are far worse?
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Honest Babe
02:15 PM on 10/21/2011
They also blame congress, that has a lower approval rating than the President.
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Mr MOTO
Three Strikes And You're Not Out!
12:45 PM on 10/20/2011
"It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about," [Harry] Reid said on the Senate floor.
Genders
Love, Tolerance, Enlightenment
01:09 PM on 10/20/2011
Reid is DLC. Vote for the Kucinich CPC progressive folks in the primaries and hold your nose and vote for the dems in the general.
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Honest Babe
02:17 PM on 10/21/2011
In states where they did not have to cut public jobs, teachers and other groups were cut as a means to punish those who as a group did not vote with them and had the audacity to publically disagree with their policies. At least some of the cuts have been a suppression of free speech.
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HUFFPOST SUPER USER
mea25
12:17 PM on 10/20/2011
A heartfelt suggestion for all of the fomenters of fear on this thread (aka the people who refer to the Occupy Wall Street demonstrators as and "angry mob of communists, Nazis and/or socialists"): GET UP OUT OF YOUR LAZYBOY. TURN OFF FOX. AND WALK OUT YOUR FRONT DOOR AND DOWN TO THE OCCUPY WALL STREET PROTEST NEAREST YOU. The truth shall set you free. Join us!!!
11:30 AM on 10/20/2011
Are you SMARTER than a protester?

14% do not know what the Frank/Dodd Act is
68% do not know what the S.E.C. is
90% do not know what the top marginal tax rate is
94% say the govt spends the most on military spending
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HUFFPOST SUPER USER
mea25
12:13 PM on 10/20/2011
And your stats are from??????
12:25 PM on 10/20/2011
A New York Magazine poll:

http://nymag.com/daily/intel/2011/10/occupy_wall_street_quiz.html
Genders
Love, Tolerance, Enlightenment
01:20 PM on 10/20/2011
The USA spends 54% of it's F taxes on war. warresistors.org You and they forgot about past wars, that's a large part of health and human services, and of course you left out the off budget wars.

Do you actually know what's in the Dodd Frank bill? It has not passed, right? So no one knows what it will have in it.

The SEC might as well not exist given it's lack of regulation, so why should anyone know about it? Actually I liked their answer. 90% either admitted they did not know, or did know the correct answer.

The top effective marginal tax rate that the top 1% actually pay is zero to about 25%, most of the protesters got it right, your mag got it wrong, in a misleading way.

So you and your poll are part of the problem, and you and the poll writers know less than the protesters.
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Mr MOTO
Three Strikes And You're Not Out!
01:29 PM on 10/20/2011
President Obama signed Frank-Dodd into law in 2010.

"Around two-thirds of our budget is spent on Medicare, Medicaid, Social Security, and national security." ~ President Obama, 2010

So, are you lying or is the President lying?
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Mr MOTO
Three Strikes And You're Not Out!
11:28 AM on 10/20/2011
“The administration has simply not done a darn thing to help my constituents,” Democratic Rep. Dennis Cardoza told reporters, summarizing the sentiments of many Democrats regarding the president’s housing policies.

Pelosi did not sign the letter — something a spokesman described as her custom on group letters to the administration. Instead, the minority leader is preparing a similar letter of her own, the spokesman said, although the contents of that message have yet to be released.

http://thehill.com/homenews/house/188685-pelosis-silent-treatment-shows-breaks-with-obama