The court was divided 4-4.
The Occupy Wall Street protest is the spark of a great new mass movement for economic justice, for economic democracy.
This movement is finally answering the question, “How long are Americans going to continue to roll over and just take all this abuse?”
And the answer: “No longer.”
Michael Moore, in his movie “Capitalism: A Love Story,” singlehandedly put crime tape all around Wall Street.
But now hundreds and thousands of protesters are symbolically doing it, too. They recognize, as he did, that the bankers on Wall Streets are criminals who destroyed the economy and thereby robbed millions of Americans of their jobs and life savings. The slogan of the protesters, “We are the 99%,” is a perfect one because it emphasizes just how undemocratic and unfair our current system is.
The top 1% in our society has been gobbling up more and more of the nation’s income and wealth over the last few decades. This same 1% spends the lion’s share of campaign money to elect people to Congress and to state legislatures so they’ll pass laws that make the rich even richer. That’s how our system works today, and will work tomorrow, so long as the Citizens United decision stays on the books.
People around the country grasp this. That’s why these protests are extending beyond Wall Street to cities and towns around the country. I hope you’ll join one. This is a new progressive populism that’s not going away any time soon.
Mitt Romney calls this “dangerous class warfare.” He would. His net worth is $200 million, he’s already raised $2.3 million from Wall Street, and he believes corporations are persons. Ann Coulter calls this “the beginning of totalitarianism.” Actually, it’s the beginning of real democracy. And it’s about time.
If you liked this story by Matthew Rothschild, the editor of The Progressive magazine, check out his story "Wall St. Protesters Show the Way"
Follow Matthew Rothschild @mattrothschild on Twitter