Upcoming Elections and the "99%" protests
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, they’re rightly concerned that lack of regulatory "Oversight" has allowed gaming of our Wall Street and Banking (Investment) assets across decades.
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).
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.
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” we’ve all been waiting for?
Who’s being held accountable for our current diminished National Economic condition and why haven’t 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 of those pretentious fools, whether our current “State of the Economy” was the intended result or not, and even in today’s broken economy the “Deregulation” and “Investment” experts collect their annual bonuses (at our expense).
Yet 99% protestors are being considered nothing more than a relative nuisance among the “Conservatives”, they’re being dismissed as insignificant, portrayed as having no possible effect on upcoming elections in the eyes of the Republican party.
What’s easily apparent up ‘til now is that substantial mainstream media exposure hasn’t 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 it’s ugly head courtesy of the Right Wing majority SCOTUS. Unlimited finance $ firewalled against all potential disclosure, the GOP wet dream come true.
NEXT POST: Walking the economic tightrope, starving "We the Beast" for political gain