Joseph Palermo: The evidence is mounting that the 1 percent controls both of our major political parties. And now the corporate wing of the Democratic Party is getting pissy about the “tone” that its standard bearer is showing toward vulture capitalism?
Walter Brasch: It’s time to retire the 99 percent. Not the people, but the slogan that identifies the Occupy Movement.
Robert Reich: Obama can can take on Romney and the system that allows private-equity managers to continue to make huge profits at the expense of average Americans.
Joseph Palermo: The amazing thing about Mr. Smith’s decision to break the code of omertà at Goldman was the fact that an employee existed there at all who was still capable of making a moral or ethical judgment and could even express something resembling remorse.
Robert Reich: If you took the greed out of Wall Street all you’d have left is pavement. The problem is endemic abuse of power and trust.
Ellen Brown: We may not be able to beat the banks, but we don’t have to play their game. We can take our marbles and go home.
Ellen Brown: As Aristotle told this ancient Greek tale, Midas died of hunger as a result of his vain prayer for the golden touch. Today, the Greek people are going hungry to protect a rigged $32 trillion Wall Street casino.
Peter Dreier: recent report sponsored by bank reform groups reveals that if banks lowered the principal balance on all underwater mortgages to their current market value, it would pump over $70 billion per year back into the economy.
Randy Shaw: The Occupy movement could greatly benefit from choosing a similar big target that could engage activists across the world.
Bill Leumer and Ann Robertson: The Occupy Wall Street movement drew the obvious conclusion: meaningful change will happen, not by endless waiting for the politicians to act, but by working people relying on themselves and acting collectively.
Robert Reich: Not a day goes by without Republicans decrying the budget deficit. But the biggest single reason for the yawning deficit is big money’s corruption of Washington.
Paulina Gonzalez: House by house, block by block, the residents of these South Central neighborhoods are being pushed out by landlords eager to capitalize on USC’s expansion.
Lawrence Wittner: Contrasting the administration’s all-out effort to save Wall Street with its indifference to Main Street, many progressives wonder if they have gained anything worthwhile with Obama’s election.