Let’s start the new year off on a positive note. Sure, our government is bought and paid for, our law enforcement seems more intent on stifling dissent than arresting those who hijacked our economy wholesale, and the country is slowly turning more and more into a police state. But there are some glimmers of hope out there, and I credit the Occupy movement with helping to turn things around….
The Bad: While everyone was getting ready to celebrate the new year, President Obama signed into law new provisions that allow for Americans to be detained indefinitely.
Glimmer of Hope: Senator Diane Feinstein has introduced a law to repeal these provisions. It’s called the Due Process Guarantee Act, and as the name cleverly implies, it restores due process for all Americans. It’s still completely shameful that we need a law to restore something that the Constitution and American tradition upholds.
2. Citizens United
The Bad: This is the Supreme Court ruling that essentially said Corporations are People. It allows corporations to fully participate financially in elections, and means that if you thought the flow of corporate money into politics was bad before, you ain’t seen nothing yet.
Glimmer of Hope: The cities of Los Angeles and New York both voted to declare that corporations are not people, and the State of Montana’s Supreme Court has also said that corporations are not people. Furthermore, Senator Bernie Sanders and Representative Ted Deutch both are working to introduce a Constitutional Amendment to declare that corporations are not people.
3. Big Corporations vs Consumers
The Bad: Well, apart from the fact that large corporations control a disproportionate amount of the GDP of this country, that companies are increasingly listening to their shareholders first, and customers second (or third, or fourth…), AND that thanks to the repeal of Glass-Seagall (I could go on about this one, but it can wait for another post), the large financial institutions went on a gambling binge with our money, lost, got a sweetheart deal from us taxpayers to save them, then headed straight back to the casino to start all over again….
Glimmer of Hope: Bank of America became the first large bank to announce a $5/month debit card fee. However, thanks to the incredible, coordinated outcry from customers, including a massive exodus of consumer accounts to credit unions, Bank of America backed down, and other large banks publicy announced they were abandoning plans to do the same. Last month, Verizon Wireless announced plans to charge a fee for manually processed electronic bill payments. The outcry was swift and furious, and they also backed down.
It’s clear that since Occupy Wall Street protests began in September, the spotlight is shining more and more on the criminal business practices of the financial industry, the increasing wealth gap in this country, and the way our government and large corporations are listening to each other but ignoring the electorate.
The road ahead is difficult, but I’m feeling more and more confident that this movement is going to gain more traction across the country, and have a greater and greater effect on national discourse. Here’s to 2012…