Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Occupy Underground
Related: About this forum99% Disregarded by Conservative Media
Last edited Sat May 4, 2013, 03:14 PM - Edit history (2)
(Note: First posted before the 2012 Election)Protests and Upcoming Elections:
The GOP is intent on ignoring these Main Street protests.
They generally disapprove of Public interest in those events since conspiring Corporate Media and Wall Street vested interests are one and the same, Birds of a Feather under Republican policy. So "The Revolution Will Not be Televised", will in fact be Disallowed, or at least not acknowledged by Republican controlled media.
They'll continue to treat these protests as Non-Events while (by contrast) providing TeaPublican activities all the free media coverage they want, as they have across the past 2+ years.
***As Previously Posted***
These protests represent rejection of institutional corruption, theyre rightly concerned that lack of regulatory "Oversight" has allowed gaming of our Wall Street and Banking (Investment) assets across decades.
http://www.pbs.org/wgbh/pages/frontline/warning/interviews/born.html
THAT occurred because of a combination of deceitful "Dark Market" business practices and lack of concern for regulations. Disregard of those standards to the extent of wholesale removal in some cases (IE Glass-Steagal).
http://www.businessweek.com/articles/2013-04-12/in-financial-reform-keep-it-simple-like-glass-steagall
Greenspan and the SEC eventually admitted to this, but not before the corrosive, damaging effects of Derivatives combined with Predatory Loan Practices and Market Deregulation allowed Investment Banks to throw our *Public Funds* into the investment market, for at least a decade.
http://www.nytimes.com/2008/10/24/business/economy/24panel.html
http://www.nytimes.com/2008/09/27/business/27sec.html
Not surprisingly, the 99% protests reflect outrage at our huge market losses and related financial instability, those crowds represent recognition of the complete lack of accountability for the actions of the Experts among Wall Street and related Banking/Investment markets, where are the Perp Walks weve all been waiting for?
Whos being held accountable for our current diminished National Economic condition and why havent we imposed broad measures of reform to control those mechanisms of failure, to prevent future Market Failures caused by further insider corruption?
Our savings and Real Estate holdings have suffered Monumentally for the actions those pretentious fools, whether our current State of the Economy was the intended result or not, and even in todays broken economy the Deregulation and Investment experts collect their annual bonuses (at our expense).
***END***
Yet 99% protesters are being considered nothing more than a relative nuisance among the Conservatives, theyre being dismissed as insignificant, portrayed as having no possible effect on upcoming elections in the eyes of the Republican party.
Whats easily apparent up til now is that substantial mainstream media exposure hasnt been provided, those protests continue to be withheld from Public view as another "Inconvenient Truth" the GOP insists we shouldn't pay attention to.
TeaPublicans continue to ignore the 99% protestors in support of the same moneyed Constituents mentioned above.
Wall Street and related Investment Banking Lobbyists have nothing to do with THAT, right? The corrupting influence of Campaign Finance money never comes into the picture, obviously
Especially since Citizens United has progressively reared its ugly head courtesy of the Right Wing majority SCOTUS. Unlimited finance $ firewalled against all potential disclosure, the GOP wet dream come true.
Further 99% Commentary?
http://open.salon.com/blog/m_kitt/2011/10/13/99_protests_largely_ignored_to_date#comment_2661746
NEXT POST: Walking the economic tightrope, starving "We the Beast" for political gain
http://www.democraticunderground.com/10022798037
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
0 replies, 2064 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (5)
ReplyReply to this post