Occupy Protest: The Demands – Roger Ingalls
Mainstream media is finally starting to cover the Occupy Protests but their reporting follows a common theme, “it’s a protest without a real purpose or demand”.
Well…here are the demands:
1) Create a nationalized commercial bank to fund small businesses based on the prime lending rate plus overhead costs. Bank personnel wages and salaries must be similar to government or military pay grades. Most jobs in America are created by small business (70 to 80%). This will create jobs by providing affordable money to small business. The current Wall Street Institutions benefits from selling financial products back and forth to each other and therefore have little interest in small business lending.
2) Reinstate the business and personal tax rates and codes (including write-offs and loopholes) used in the 1960s. This was a period of prosperity for both the general population and the business community. These tax rates will balance the budget without compromising public services and will stop the transfer of wealth from the middle class to the rich that has taken place since the early 1980s.
3) Create a nationalized commercial bank for home ownership based on the prime lending rate plus overhead costs. This will revive the American dream, bring affordable money back to the housing market and separate housing finance from the risky investment banking practiced by Wall Street.
4) Allow Medicare buy-in for all people regardless of age. This will provide affordable health care for more Americans. It will also bring needed funds to Medicare because the young and healthy will be participating along with the elderly (costs are spread).
5) No individual person (real or artificial), company, corporation, PAC, Union or special interest group can donate more than $1000 to a political candidate. Organizations cannot be created for the purpose of funding candidates. Organization with multiple business units or multiple businesses owned by an individual or common group of individuals can only make one collective political donation of $1000 per candidate. This will remove the influence big business and special interests have on politicians.
6) No artificial person, company or corporation can advertise in support or opposition to a candidate (directly or indirectly). This will remove the influence big business and special interests have on politicians.
7) Political advertisements, candidates, PACs, special interest groups, supporters and opposition groups of ballot issues must maintain an easy-access website that clearly identifies financial contributors. This will remove the influence big business and special interests have on politicians.
8) No lobbyist can aid a member of congress unless they have not lobbied in the preceding six years. This will remove the influence big business and special interests have on politicians.
Keep the faith, spread the word and keep fighting…it’s a good fight!
Roger Ingalls is well-traveled and has seen the good and bad of many foreign governments. He hopes his blogging will encourage readers to think more deeply about the American political system and its impact on US citizens and the international community.