Skip to main content

From the always brilliant Matt Taibbi over at RollingStone, here is more proof that Occupy Wall Street is winning, one step at a time. . .

For those saying that Occupy Wall Street hasn't had a concrete effect, take a look at this. It's not much, but it's a little something. The leaders of the House Financial Services Committee announced yesterday that they will be holding hearings on the SEC's practice of concluding settlements with Wall Street defendants without forcing the accused to admit to wrongdoing.

~snip~

. . . With OWS and populist anger generally filling that messaging void, there are going to be a lot of politicians who will look to capitalize by doing things like, for instance, beating up on the SEC in a few days of well-publicized but ineffectual hearings.

rollingstone.com

   Here's the short version. Spencer Bachus (R-WallSt), who you might remember from his failed attempt to pass a bill halting insider trading among members of Congress which was blocked when Eric Cantor threw a hissy fit over it for procedural reasons, well Spencer is now trying to move a bill through that would address the SEC's total inability to get financial firms that violate the law to admit to any wrong-doing, instead of just slapping them on the wrist with a fine. Of course, as Taibbi notes, the idea that Congressman Bachus has suddenly become a Wall Street reformer is hilarious, but that isn't the point.

This is the point . . .

   So this guy is no enemy of the banks. What yesterday's move does show, however, is that politicians are listening to the specific complaints of OWS. A year ago, we would never have even seen hearings like this coming from the likes of Bachus and Barney Frank, who also supported them move. But now, everybody is trying to find a way to ride the wave. It's too early to celebrate any of this, but it can't be a bad thing.

rollingstone.com


Bold text added by the diarist

   It can't be a bad thing. Without Occupy activists marching in the streets and demanding real reforms on Wall Street and other areas of corporate influence this wouldn't be happening. Let's not forget, though, that the online communication and organizing is just as important as boots on the ground are, and that's where you come in . . .

More below the fold

   

Now, you guys might know that I'm not a big fan of Fox News. Since I met fellow bloggers HankNYNY and OllieGarchey and others, we have been working our tails off to present the news on the ground that the corporate media will not cover. We are using new technologies which will change the way media works. We've been working together to create inexpensive civilian owned and operated camera drones to bring live images and video from the ground when the police barricades in journalists, and blocks their line of site with buses. We've been working with enterprise level software developers to create a new way to access and research information. Our aim is to be able to respond within an hour to published or broadcasted misinformation.

And you built it, Kossacks.

Our ultimate goal is a long way off: to counter media disinformation and incompetence immediately with hard, indisputable facts.

We're also going to relentlessly focus on our political leaders. We need to point out the fact that the majority of our politicians no longer fight for what is in the best interests of “We The People” because they are too busy delivering corporate welfare to the special interests who fund their campaigns.

This must be stopped.

We've done a lot already. Just look at the recent Times Person of the Year coverage, which highlighted TheOther99:

We're changing the way media works.

We're realizing that what was once called Journalism – disseminating the facts to the American people – has become activism. When you're fighting malicious propaganda engines like Fox News, and the disinterested incompetence of every other media outlet, what you're doing becomes fact-based activism. We're advocating for the truth.

We've been heading down to Washington DC to lobby directly on behalf on the American People.

We're creating a New Media platform and we've had some major successes. We broke the Anthony Bologna Pepper Spray video, and we've been broadcasting and blogging from the ground ever since. We were the only source covering the “Stop 'Stop and Frisk'” march, which sees 11 Year Old children accosted by the NYPD, and their information entered into databases forever. The Washington post quoted OUR coverage. There's even more in the works.

We can't keep doing this, we can't keep our doors open, without your continued contributions. Our work is vital. What we can do together is massive. We've already helped change the conversation. Now it's time to drive the message home. Now it's time to make sure that any time the media fails – through malice or incompetence – someone is there to correct the record.

The mainstream media is failing us. We at The Other 99 are working day and night to bring you the story that the main stream media can't - or won't - tell. We answer to no one but you. We're here because of you. Help keep us up and running.

Sign up for our newsletter.

All of us pushing together, through boots on the ground activism to online journalism and organizing and other means we are putting the necessary pressure on our politicians for the first time in a very long time. We need to keep at it.

The message of the 99% versus the wealthiest 1% has taken hold, it is here to stay. We need to keep at it. Slowly, we are winning. As Taibbi says, "It's too early to celebrate any of this, but it can't be a bad thing."

With your help, I hope we can have something to celebrate.

And I, for one, couldn't be happier when that happens.

Image Hosting by PictureTrail.com

Peace and love to all,

You can follow me on Twitter @JesseLaGreca

Originally posted to MinistryOfTruth on Wed Dec 21, 2011 at 09:43 AM PST.

Also republished by ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement and Occupy Wall Street.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Sharoney, Alumbrados, Ed in Montana, Angie in WA State, buffalo soldier, Sylv, LeislerNYC, CJB, Bill in Portland Maine, Chi, Odysseus, melo, ogre, slinkerwink, glitterscale, daninoah, kaleidescope, saraswati, emal, wytcld, Emerson, Shockwave, Eman, LynChi, Wintermute, billlaurelMD, CleverNickName, cotterperson, hyperstation, LynnS, Woody, RFK Lives, exNYinTX, jancw, zeitshabba, Creosote, Doctor Who, rasbobbo, cinnamon68, Justina, susakinovember, whenwego, Xapulin, Bionic, mkfarkus, smokem2271, Nate Roberts, fumie, Cedwyn, wader, NMRed, ammaloy, kharma, tidalwave1, scorpiorising, Dube, hangingchad, danthrax, TexDem, roseeriter, JimWilson, DSC on the Plateau, Chirons apprentice, defluxion10, betson08, Binas Non Sunt, lcrp, dkmich, Oaktown Girl, Diana in NoVa, zerelda, Kitsap River, mungley, randallt, Hillbilly Dem, lonespark, Emmy, homogenius, rambler american, bibble, Armand451, decitect, Gowrie Gal, ebbinflo, rapala, G2geek, maybeeso in michigan, radarlady, PAbluestater, DianeNYS, Ckntfld, ichibon, wmc418, UncleCharlie, caul, unclejohn, SherwoodB, democracy inaction, OpherGopher, sc kitty, PBen, kitchen sink think tank, dewtx, ChemBob, majcmb1, where4art, Sandino, kaliope, LucyandByron, Tool, techno, Savvy813, The Raven, Lisa Lockwood, Brian B, splashoil, begone, kishik, occams hatchet, Paul Ferguson, gwilson, BachFan, Debbie in ME, Patriot Daily News Clearinghouse, cybersaur, cookseytalbott, kestrel9000, ruleoflaw, KenBee, Son of a Cat, raincrow, kck, Lefty Coaster, blueoasis, NBBooks, praenomen, philipmerrill, 4Freedom, gooderservice, gatorcog, Libby Shaw, SadieSue, tapestry, joe shikspack, bleeding heart, Preston S, MBNYC, llbear, Turbonerd, onionjim, bumbi, Clive all hat no horse Rodeo, fiddlingnero, Dreaming of Better Days, kurt, nannyboz, shaharazade, Statusquomustgo, bstotts, ms badger, Little, OHdog, AntKat, cpresley, Thinking Fella, One Pissed Off Liberal, pgm 01, out of left field, bluicebank, Cronesense, Habitat Vic, Loudoun County Dem, SpecialKinFlag, byDesign, Debs2, ColoTim, offgrid, bfbenn, crankyinNYC, BruceMcF, karmsy, Wino, edsbrooklyn, blue71340, FishOutofWater, david mizner, Thunder Dreamer, terabytes, Dave in Northridge, dclawyer06, Unbozo, aliasalias, Strabo, bnasley, Seneca Doane, US Blues, martyinsfo, mcc777c2, bobswern, millwood, pioneer111, CT Hank, leonard145b, JML9999, spearfish, Vinnie Vegas, Terra Mystica, TomP, JDWolverton, MKinTN, Roger Fox, ScottyUrb, OleHippieChick, Youffraita, Involuntary Exile, bythesea, elwior, Akonitum, mikeconwell, beltane, monkeybrainpolitics, Calamity Jean, Lujane, tofumagoo, jobu, hwmnbn, Jeff Y, petulans, Notreadytobenice, makettle, venger, BlueStateRedhead, swtexas, BYw, Karl Rover, priceman, Quilldriver, magicsister, HoosierDeb, GrannyOPhilly, statsone, Leo in NJ, Tennessee Dave, 207wickedgood, maggiejean, prettygirlxoxoxo, Bule Betawi, J M F, thorn in your side, rsmpdx, lostinamerica, bsmechanic, CanyonWren, Gorilla in the room, shopkeeper, kravitz, followyourbliss, elziax, MKSinSA, TheOpinionGuy, kevinpdx, histOries Marko, IreGyre, haremoor, nancat357, jpmassar, Railfan, Just Bob, little lion, David Harris Gershon, on board 47, Crabby Abbey, legalchic, CrissieP, Arenosa, gulfgal98, SoCalHobbit, Puddytat, DiegoUK, Muggsy, Publius2008, Maverick80229, elengul, ericlewis0, Floande, fiercefilms, rasfrome, CathodeRay, not4morewars, Mac in Maine, snapples, ladywithafan, allisoneisall, Bob Duck, bgblcklab1, sabo33, Meggie, anyname, xylonjay, asterkitty, deeproots, Gamblndan, princesspat, trumpeter, boomerchick, MasterfullyInept, grannysally, Muskegon Critic, dle2GA, Yogurt721, dakinishir, tardis10, Vayle, peregrine kate, PhilJD, Caddis Fly, Marihilda, blue aardvark, jolux, stlsophos, leftykook, DRo, aerie star, SouthernLiberalinMD, grannycarol, PrometheusUnbound, drawingporno, No one gets out alive, deltadoc, IowaBiologist, brown and blue all over, daysey, Cordyc, Heart n Mind, anodnhajo, vacilando, greenbastard, Siri, We Won, molecularlevel, IndieGuy, orestes1963, ahumbleopinion, Eric Nelson, oldcrow, AnnieR, Joieau, Farkletoo, Ultranaut, Ginger1, Evolutionary, Steve Masover, Horace Boothroyd III, peachcreek, nerve, Syoho, JupiterSurf, reginahny, TBug, radical simplicity, qannabbos, Had Enough Right Wing BS, ocular sinister, notdarkyet, lunachickie, Brown Thrasher, Denver11, ehrenfeucht games, Kinak, AverageJoe42, ItsaMathJoke, Glen The Plumber, Kurt Sperry, koosah, countwebb, Tom Stokland, Herodotus Prime, JayRaye, Sean X, Agent99, broths

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site