If on nothing else, the Occupy Wall Street protesters and the Tea Party protesters do agree that big banks are a big problem, so what will the Tea Party say about this?
|A well-known Washington lobbying firm with links to the financial industry has proposed an $850,000 plan to take on Occupy Wall Street and politicians who might express sympathy for the protests, according to a leaked memo obtained by the MSNBC.|
Yesterday the story broke exposing the memo by the lobbying firm with ties to House Speaker John Boehner. The memo, written by K Street firm Clark, Lytle, Geduldig, Cranford (CLGC) is a quintessential example of Wall Street interests seeking to use their money and their access to influence the outcome of elections and legislation.
CLGC’s memo proposes that the American Bankers Association (ABA) pay CLGC $850,000 to conduct “opposition research” on Occupy Wall Street in order to construct “negative narratives” about the protests and allied politicians.
The memo also asserts that Democratic victories in 2012 would be detrimental for
Wall Street and targets specific races in which it says Wall Street would benefit by electing Republicans instead.
According to the memo, if Democrats embrace Occupy Wall Street (OWS), “This would mean more than just short-term political discomfort for Wall Street. It has the potential to have very long-lasting political, policy and financial impacts on the companies in the center of the bulls-eye.”
The memo also suggests that Democratic victories in 2012 should not be the ABA’s biggest concern. “The bigger concern should be that Republicans will no longer defend Wall Street companies.”
Two of the memo’s authors, partners Sam Geduldig and Jay Cranford, previously worked for House Speaker John Boehner, R-Ohio.
This will certainly be one of the "smoking guns" that I've been looking for.
The 99%’s Deficit Proposal
The disconnect between Congress and the people is vast. For decades, Congress has been passing laws that benefit the 1%, their campaign donors and big business interests, rather than creating a fair economy that serves all U.S. citizens.
With this report on how to create jobs, reduce the wealth divide and control spending, Occupy Washington DC shows that Congress is out of touch with evidence-based solutions, supported by the majority of Americans that can revive the economy, reduce the deficit and wealth divide while create millions of jobs.
"For forty years, concentrated corporate interests have acted with intent to take over government and other institutions. We seek an end to the rule of concentrated wealth and corporate power by shifting control, wealth and ownership to the people."
Now some of the protesters are "occupying the highway".
Occupy the Highway
Last week, a courageous group of people had already left the Occupy Wall Street camp in New York City and started marching to Washington, DC. Their goal was to bring the outrage and energy of the 99% directly to Capitol Hill.
They're marching to call out the congressional Super Committee, which could cut a deal before Wednesday slashing Social Security, Medicare, and Medicaid - - while at the same time, protecting tax breaks for the 1%.
After marching nearly 200 miles through the winter cold, they'll cross through Baltimore and prepare for their final push into Washington on Tuesday, just before the Super Committee's deadline.
Dozens of supporters have joined the march along the way. But it's up to all the rest of us to help share their story and make sure that by the time they get to Washington,
Congress and the rest of the country is expecting them.
The marchers' stories are powerful, and Congress needs to hear them before they slash programs that so many of us rely on.
MoveOn.Org met up with the marchers yesterday and filmed a short video to help spread their story. It's critical that as many people as possible see this, as the Super Committee nears its critical deadline.
ALSO READ - Mellon: The banker who rigged the U.S. tax code, and how the Republicans and bankers fleeced the American working people (and how they continue to so today) by using lobbyists on K St. who are paid by CEOs on Wall St. to redistribute all the wealth from the bottom and concentrate it all at the top.