256 online
 
Most Popular Choices
Share on Facebook 44 Printer Friendly Page More Sharing Summarizing
OpEdNews Op Eds    H2'ed 10/8/11

Occupy Wall Street and the Democratic Party

By       (Page 2 of 3 pages) Become a premium member to see this article and all articles as one long page.   4 comments

Bill van Auken
Message Bill van Auken

This intention was made clear by union leaders who were paraded before the mass protest held in New York City's Foley Square on Wednesday. Their empty demagogy and tired chants were interspersed with announcements of Democratic Party officials who had turned up for the occasion. One of the union officials, TWU Local 100 President John Samuelsen, affirmed that the Wall Street protesters should get behind the drive to re-elect Obama.

Meanwhile, a collection of Democratic notables have either paid visits to the encampment at Zuccotti Park or issued statements professing support for the protest.

Prominent among them was Representative Charles Rangel, who issued a statement this week, declaring: "The American people have had enough. They're mad as hell, and I agree."

The millionaire congressman from Harlem may be "mad as hell," but not too angry to continue to rake in Wall Street money. The financial sector accounted for the lion's share of his campaign cash this year, nearly $69,000. It was money well spent, as Rangel, then chairman of the House Ways and Means Committee, emerged as one of the key supporters of the Wall Street bailout.

The Democrats' aims were further spelled out in a column by Paul Krugman in the New York Times Friday. Citing gestures of support from unions and Democratic officials, Krugman wrote, "Occupy Wall Street is starting to look like an important event that might even eventually be seen as a turning point."

A turning point to what? Essentially, a second term for Barack Obama.

"Democrats are being given what amounts to a second chance," wrote Krugman. "The Obama administration squandered a lot of potential good will early on by adopting banker-friendly policies that failed to deliver economic recovery even as bankers repaid the favor by turning on the president. Now, however, Mr. Obama's party has a chance for a do-over. All it has to do is take these protests as seriously as they deserve to be taken."

What, precisely, is Obama to "do over?" The agenda for a second term has already been set by a $4 trillion deficit-reduction program that will be translated into devastating cuts to core social programs such as Medicare, Medicaid and Social Security, continuing record unemployment, and even deeper reductions in real wages for the working class.

Next Page  1  |  2  |  3

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 1   Interesting 1   Valuable 1  
Rate It | View Ratings

Bill Van Auken Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Bill Van Auken (born 1950) is a politician and activist for the Socialist Equality Party and was a presidential candidate in the U.S. election of 2004, announcing his candidacy on January 27, 2004. His running mate was Jim Lawrence. He came in 15th (more...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter

Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Ex-US President Indicts Obama as Assassin

Obama, Congress Back Legalization of a Police State

US media blacks out Snowden interview exposing death threats

US Secret Armies Gear Up for Global War

Obama Justice Department indicts ex-CIA agent for exposing torture

After Announcing "normalization" with Cuba, Obama Slaps Sanctions on Venezuela

To View Comments or Join the Conversation:

Tell A Friend