Mike Konczal thinks the Wall Street activists need to focus on three issues:
1. Cancel the debts. The crisis we face is fundamentally about a giant pool of bad mortgage debt. We need to work through these debts for recovery to really take off. … 2. Investigate Wall Street … 3. Create a Financial Transaction Tax. It is hard to think of something with such a boring name as a particularly radical solution, but an FTT would be an important first step toward remaking our economy so it is not so dependent on the financial sector.
He follows up by examining the unorthodox means the occupiers are using to develop a list of demands. Extensive input from Dish readers here. In the wake of this weekend's mass arrests on the Brooklyn Bridge, the movement is now approaching DC:
With attendees from Washington’s major progressive institutions — from MoveOn.org and labor unions to the Center for American Progress and members of the House Progressive Caucus — the CAF conference had already been planned a Wednesday march on Capitol Hill to advocate for "jobs not cuts." Now the conference’s progressive leaders are urging them to support a D.C. offshoot of Occupy Wall Street,” which converged Sunday at McPherson Square. On Thursday, they’ll protest the role of corporate money in politics. "Occupy K Street is starting. It’s from Wall Street to K Street," says Liz Butler, campaign director for climate advocacy group 1Sky. "To send the same message to corporate lobbyists that’s being sent to Congress and Wall Street. It’s a beautiful moment of convergence — versus Wall Street, versus cuts, for our future."