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Van Jones

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Wall Street Protests: Which Side Are You On?

Posted: 09/30/11 12:14 PM ET

Wall Street has long been the home of the biggest threat to American Democracy. Now it has become home to what may be our best hope for rescuing it.

For everyone who loves this country, for everyone whose heart is breaking for the growing ranks of the poor, for everyone who is seething at the unopposed demolition of America's working and middle class: the time has come to get off the fence.

A new generation has gone to the scene of the crimes committed against our future. The time has come for all people of good will to give our full-throated backing to the young people of the Occupy Wall Street movement.

The young heroes on Wall Street today baffle the world because they have issued no demands. The villains of Wall Street had their demands -- insisting upon a massive bailout for themselves in 2008, while they pocketed million dollar bonuses. The Wall Street protesters are not seeking a bailout for themselves; they are working to bail out democracy.

The American experiment in self-governance is at a moment of crisis. The political system thus far has proven itself incapable of responding to a once in a lifetime economic calamity. With income inequality and unemployment at the highest rates since the Great Depression, it's no wonder that almost 80 percent of the country thinks we're on the wrong track.

But the crisis of American Democracy did not start with the financial collapse. For at least 30 years, the system has been rigged by the wealthy and privileged to acquire more wealth and privilege. At this point, 400 families control more wealth than 180 million Americans.

This great wealth divergence has resulted in an unjust and dangerous concentration of economic and political power in the hands of the few. It has pushed millions -- especially the rising generation and communities of color -- into the shadows of our society. The middle class continues to shrink, and the ranks of the poor have swelled. The political elite has failed to take the necessary steps to provide opportunity to the majority of Americans.

A movement was born after Madison, Wisconsin, to oppose these injustices. It has now spread to every Congressional District. We call ourselves the American Dream Movement. We engaged 130,000 people to crowd-source our own jobs agenda -- the Contract for the American Dream. In August, tens of thousands demonstrated for jobs in rallies across the nation. Next week in DC, we host our first national gathering: the Take Back The American Dream conference.

The Occupation of Wall Street -- and the occupations throughout the country -- are expressions of the same spirit and dynamic. And these particular demonstrations, perhaps uniquely, contain the spark to grow into a movement that can be transformative. They are the first, small step in the creation of a movement that can restore American Democracy, and renew the American Dream.

The hundreds of young people from all five boroughs that camp out every night, in the heart of the financial district, in the rain and the cold, at risk of arrest, are providing the inspiration to draw more and more out of the shadows and into the bright light of the public square. The occupation grows larger and more diverse every day. Young people, the majority of whom are under 25 and have never before engaged in activism, are managing the arduous task of a consensus rules meeting with no sound system. The nightly general assemblies are attracting crowds in the thousands to stand amongst a group of their peers and debate our path forward as a people.

The occupation is a revival of a proud tradition of authentic, people-powered movements that have been dormant -- and that we need now more than ever. It is building into the kind of massive public demonstrations -- like those in Egypt, Madison, and Santiago -- that can shake the foundation of a system of power that has lost sight of the public good.

Now is our time to choose. Will we keep rewarding those whose financial manipulations have brought us to ruin? Or will we stand with those whose democratic innovations are breathing life into our finest ideals? Both groups are within blocks of each other in downtown Manhattan.

For the past 30 years, the country has stood behind the titans on Wall Street and their values. We listened when they said that their banks were too big too fail. Today, there is only one thing that's too big to fail: the dreams of this new generation, finding its voice in Liberty Park. All of America should now stand with them.

Authored by Van Jones, President of Rebuild The Dream, and Max Berger, a youth organizer with the American Dream Movement.

 
 
 

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12:16 AM on 10/22/2011
Wall street is made up of banks and corporations that were bailed out by your man Barack.

Gov't out of business, business out of gov't, and gov't out of our lives.
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Artemis34
"Women 4 the GOP" is like "Chickens 4 the KFC"
02:21 PM on 10/15/2011
The only references I can find for the assertions that the protesters are violent or fringe come from Fox and other News Corp. (read propaganda corp) properties like the Wall Street Journal.  Media Matters on the Occupy Wall Street misinformation campaign:  http://mediamatters.org/research/201110140010
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10:19 AM on 10/05/2011
we're all hamsters on neocon "financially engineered" and "financially innovated" wheels

we're all disposable pawns on some little oligarch's game board.

the truth never gets old and the facts never change!

oligarchs BANK on their disposable pawns, us, forgetting their constant rape and pillaging via a flood of inane jabbering like dancing with the stars, the latest fashion, people magazine, voyeurism, gossip, the latest "BREAKING NEWS" of cat stuck in tree or manufactured tragedies, anything on fox, pretty much anything on tv, after all our media is owned by the oligarchs and they laugh all the way to the bank as we amuse ourselves to death or hide from their manufactured fear.

the one thing that's still manufactured in the US - FEAR!

Our Time Is NOW!
12:23 AM on 10/22/2011
Fear- manufactured by both parties in order to convince us to surrender our rights. The left was up in arms about the Patriot Act, Iraq and Afghanistan, but are silent on this administrations overreaching.

TSA in Tenn, LA, involvement in Libya, suggesting involvement in other M.E. nations, including Iran ... Go Peace Prize.
06:32 PM on 10/04/2011
Wall street and large corporations are big part of the problem and it feels like congress and the US government have sold us down the river. If you haven't seen the movie Inside Job, watch it on U tube, it explains what happend. The US government did nothing to protect the assests or the rights of the American people. US citizens lost their 401ks and homes and the US government allowed the CEO of Goldman Sacs to walk away with 161 billion dollars and expected tax payers to flip the bill for their unethical, and (in my opinion) criminal activity. It is unbelievable! Goldman Sacs is just one example, other big banks and corporations were involved too. Americans must get involved and fix the system or we are all going to have to work for 0.50 cents per day, with no benefits, or retirement. Middle class Americans can no longer afford taxes for the entire country while corporations nd the wealthy pay little to nothing. The goal of the Third World Order is to opress everyone except for the 1% of the population (richest in the world). The wealthy are greedy and they don't care about the US or its citizens. Americans must protest as a united group, and vote against circulating propaganda devised by corporations and the wealthy. By the way, none of the Wall Street protests were publicized on any of our local TV channels. Is this not censorship?
02:49 PM on 10/15/2011
Even Inside Job doesn't begin to describe how badly the American public has been screwed by Wall Street. If you really want to get the details on this (as well as drive your blood pressure through the roof), read Matt Taibbi's "Griftopia". It is amazing.
07:21 AM on 10/03/2011
Don't be fooled into thinking that Wall Street alone is the single"scene of the crime" as you put it.Congress is another scene. When Ronald Reagan led the USA into free trade, it was the beginning of the disappearance of the middle class and the proliferation of the poor.With globalization business is a dog; it goes whereever it wants to do its business. And that is what happened around the world. The accomplices were your politicians, the World Bank, the IMF and a select group of economists who shared vocabiulary with the likes of the Bushes and Rumsfeld and Cheney-of recent vinatge- shock and awe- we'll make'em do what is in the best interests of our wealthy supporters. Now they have it-control. No hope for the younger people who are frustrated with all of the unmet and not-to-be-met promises of their representatives in Congress. These young people have not only been betrayed by these too long-serving Republicans and Democrats, but they have been neutered. The protests, like the one on Wall Street, is just the beginning of massive recoiling and who can blame the dispossesed for their anger? This civil unrest is now just a small snowball, but it'll get bigger. It may be growing just in time to have a major impact on the 2012 election. How will the Republicans survive short of completely changing their ideology? The best thing that could happen is a cleaning of the house in politics.
11:25 PM on 10/02/2011
Mr. Jones,

I agree that what these young people are doing is a great thing for our country. However, it will go nowhere as things stand because it is being completely ignored by the media.

We need for people like you, and those in Washington with media access to constantly mention it. If the media will not pay attention on their own, just keep bringing it up anytime you are on to force the larger population to be aware of what is happening. The same goes for the President, and members of Congress.

Thank you for your constant work, and I'm always available to you for this type of perspective/advice.

NedroidPrime
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10:28 PM on 10/02/2011
i agree with the sentiment of this but i worry than forces too mainstream and connected to washington may not help this movement.
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dirtydog1776
rub my soft, furry, objectivist tummy
10:09 PM on 10/02/2011
" Now it (occupy wall street) has become home to what may be our best hope for rescuing it."

The occupy wall street protest is based upon violence, coercion and is advocating more of the same economic ideas of bailouts and giveaways that put America in its current crises. The protesters are ideologically bankrupt, just filled with a sense of rage more than anything else.

Liberals, like you, are advocating and hoping for more chaos in the streets to justify the government assuming more power, spending more money and preserving their positions of privilege and financial gain.

Not sure why you think this the way to rescue America.
10:40 PM on 10/02/2011
Lies, lies and more lies.

First lie: street protests are based on violence and coercion. Nothing could be further from the truth. The protests are awakening a common sense of outrage faced by most Americans - that Wall Street caused the greatest financial crisis since the Great Depression, and that nothing has been done to held the people responsible accountable, or even to prevent a future crisis.

Second lie: that you would call the protesters ideologically bankrupt in their stand for policies that benefit real Americans shows you as the typical tea partier - confusing policies that create jobs with the bailouts that helped only the banks.

Third lie: that the protesters want more of the same government. The protesters and most American want less of the current government actions - making ordinary Americans pay the price for Wall Street's follies, and more programs that actually create jobs and restart the economy again.
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Sharkcellar
SUPPORT YOUR LOCAL LIBRARY.
11:19 PM on 10/02/2011
U mad bro?
09:47 PM on 10/02/2011
And Wall Street can't be bought, funded or fraud??????????????? I think that can be taken to D.C.
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Bill Duckworth
It is a DOOZY
10:07 PM on 10/02/2011
They both created and extended the 15% tax on dividend and Capital Gains

This allow 60% of Main Street profit to go directly to Wall Street
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HUFFPOST SUPER USER
Bill Duckworth
It is a DOOZY
09:47 PM on 10/02/2011
1st and 2nd Amendments

No interpretation of the Constitution, Rule of Law and punishment for those who attack the Constitution Foreign and Domestic.

No Execution without a Trial, Due Process and Habeas Corpus. That means Congress, Administration, CIA and Military
09:42 PM on 10/02/2011
No free pass for Obama this time.

In 2008, Mr. Obama accepted more money from Wall Street executives than any candidate in US election history. Goldman Sachs, JPM, Citi, BofA, etc, etc.

Add in the money donated by and raised by Mr. Obama's campaign chairman, Frank Raines. Mr. Raines looted Fannie Mae out of nearly $100 MILLION dollars before "retiring". Yes, the same Fannie that lost BILLIONS of taxpayer dollars.

In return, Mr. Obama has refused to indict or prosecute ANY of the WS fatcats who gave him millions in campaign contributions.

Mr. Obama is neck deep in the Wall Street Scams against taxpaying Americans, and must be held accountable.

No free pass this time, Obama.
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05:34 PM on 10/03/2011
Obama = Bush #3. What worries me isn't the protests, but how few of the protesters realize this truth. We should march on the FED and D.C.
06:43 PM on 10/04/2011
It will be worse if Perry or Romney get in. Look @ what George W Bush did. Wake up, this issue is not black of white, it is rich or poor.
07:45 PM on 10/04/2011
That is speculative. Obama is here and now. While I personally don't trust Perry, that still does not dismiss Obama's role in these scams. And correct, the issue is not black and white, nor rich or poor. It is about right and wrong.
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chaotician1
09:31 PM on 10/02/2011
What is really appalling is the evidence that 10 years of insurgency training and DHS funding for militarization of our "Protect and Serve" police has created an establishment protection force clearly taking their orders and tactics from our Oligarchs and their military minions with the blatant collusion of our conscripted Judiciary and impotent Congress. Never mind the subverted administration!
09:17 PM on 10/02/2011
One more thing about Texas that could be used here, when everybody got tired of it. They made it Legal to go to the Cotton Bowl and beat the hell out of each other (Only Short Lived). Where is it that the small amount of $ $$ $$$ $$$$ $$$$$ $$$$$$ $$$$$$$ $$$$$$$$ goes to when your 401 or stocks plummet. Hmm I always heard it just disappears POOF. Like magic!
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Reaganite60
Don't tread on me.
09:11 PM on 10/02/2011
When the hell did Wall Street steal my future?

If you want to place blame on the ones that stole our future, look no further than government.

It's profligate government spending done by both parties that is stealing our future. As the enormous tax burdens that will be needed to service that debt in the future is essentially going to destroy any chances at prosperity young Americans will have.

As if it isn't bad enough that young people under the age of 30 are being crushed with student loan debt and poor job prospects, their future earnings are going to have be confiscated and stolen by government in order to bail out Social Security and Medicare.

Place the blame for stolen futures where it lies -- with government.
09:43 PM on 10/02/2011
What you are saying just isn't true. Two thirds of the deficit simply comes from decreased tax revenues from a bad economy. Put people to work and get the economy going again and that will eliminate handle most of it. If we get out of Iraq and Afghanistan and let tax rates go back to the those of the Clinton era that will handle the rest.

The truth is that an out of control Wall Street caused the financial crisis and the deficits that came with the bad economy they caused, and our government is simply trying to dig us out of it.
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cintirich
Support the Constitution, not talking points.
11:33 PM on 10/02/2011
So the housing collapse which was propagated by the relaxed loan requirements, enforced by Fannie and Freddie which in turn received their marching orders from Politicians such as Dodd and Frank, had nothing to do with it?

The House and Senate oversight committees refused, by the way, to look into F&F's operations. The NY Fed, led by Geithner, also failed to properly evaluate the mortgage based securities which, when the housing market collapsed, also started the tumble in Insurance, Banking and Securities, which led to our trillion dollar bailout.

With all due respect, you are taking a simplistic approach to analyzing the situation. Government indeed deserves a large portion of the blame here.
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Reaganite60
Don't tread on me.
08:07 PM on 10/03/2011
Clinton era tax rates are a tax increase on the poor and middle class.

EVERYONE that pays taxes got a tax cut from the Bush tax cuts of 2001 and 2003.
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Bill Duckworth
It is a DOOZY
09:50 PM on 10/02/2011
When they took My tax Dollar without Interest Payments, When they did not pay of the bad loans, when the Treasury took AIG Insurance of Swaps and Derivitive and gave the Debt (300 Trillion) to me, When they set Dividends and Capital Gains at 15%, and when they gave the top 4% 10 Trillion dollar tax cut giving 10 Trillion of the 14 current National Debt