I’ve kept my mouth shut on Occupy Wall Street until now. With the photos of people holding up signs explaining how they are the 99%, and videos of police spraying women with pepper spray and, protesters commandeering a bank that I’ve seen over the last few weeks alone, I feel confident enough to articulate some sort of thought on the matter.
Let it first be said that I don’t claim to be an expert in any way, nor am I close-minded to changing my opinions on Occupy Wall Street. Above all else, I am a curious bystander interested in watching what’s going down.
I recently received an email blast (copied below and shortened for brevity’s-sake) from Change.org which helps illustrate my general thoughts on this movement.
Dear Kate,
When Molly Katchpole found out that Bank of America would charge $5 a month to use a debit card, she was upset — so she started a petition on Change.org.
Since then, 225,000 Change.org members have signed her petition. And now Bank of America is under enormous pressure to cancel its new debit card fee. A Bank of America executive even called Molly and told her that while cancelling the fee would be “premature,” the bank was “closely monitoring customer feedback.”
More public pressure could be enough to push the bank to cancel its new $5 debit card fee. Can you sign Molly’s petition asking Bank of America to cancel its new debit card fee? Bank of America is listening to you — and other banks are, too.
In less than three weeks, Bank of America went from announcing a new $5 monthly debit card fee, to reeling under huge pressure from the media, Congress, and Change.org members. Here’s a quick review of what happened:
- September 29: Bank of America announces a new $5 monthly debit card fee.
- September 30: Molly creates her petition on Change.org; more than 150,000 people sign in the next 5 days.
- October 5: The petition becomes a major national story. ABC News interviews Molly, then tracks down Bank of America’s CEO Brian Moynihan and forces him to respond to it.
My harsh initial thought was: “Hey Molly, go get a new bank!” which is indicative of my overarching thoughts on the Occupy Wall Street movement. However, Molly’s plight and form of action is minutia compared to the greater beast that is Occupy Wall Street. She’s just one of the 99%.
The fact that thousands of people have gathered to “make change” is a fascinating display of democracy at work. Thumbs up! Their commitment is strong and their presence is unmistakable, even with a rather peaceful gathering overall.
However, these protesters are keeping us on our toes without any solid demands, goals, legislation ideas, etc. We keep hearing that it’s too soon for them to make defined demands. The movement is organic. But have a Wall Street executive walk out to address the protesters one-on-one and ask “what do you want from me?” the protesters are left in silence. Without any set demands or outline of legislation, forward motion is impossible. Occupy Wall Streeter’s have the numbers to make great change, but no deliverable action steps.
So what does an employed young woman with health insurance, and a private school education, predominantly paid for by her wonderful parents, yet saddled with some student loans and a fair amount of credit card debt and complete awareness that she is lucky and that her fate could change in an instant, do with Occupy Wall Street?
I see it two ways, as I usually do for everything.
My unsympathetic (that’s a terrible word to use…) side sees those who feed off the system that my and your tax dollars pay for, the reckless spending we’ve all become accustomed to and the abuse of credit and does not blame Wall Street. Wall Street didn’t make me go to an expensive private college. Why are they the enemy? Capitalism is a huge part of why America is the greatest country in the world. And why all the finger-pointing? If people stopped placing blame on the other guy and actually did something, we’d be a lot more productive.
On the other side of this, I understand that the United States has a system in place both politically and financially to keep those who are down, down for good. Those who have, gain more, while the have-nots can’t catch a break. My whole ‘stop finger-pointing’ argument is shot down. And those in power to actually deliver change (politicians) are fueled by corporate funding and that’s probably never going to change.
With this said, no one knows what’s to come. This is history in the making. History tells us that movements such as these are unpredictable and the ending is yet to be determined.
Watch this video, that I particularly enjoyed, for an on-the ground look at the movement. And let me know your thoughts. I’m eager to learn more.
Tags: action, causes, occupy wall street, protest