The “Occupy Wall Street” movement is being criticized in the public media for not having a unified manifesto. Here’s a proposal:
1. We want legislation enacted that would reinstate the provisions of the Glass-Steagall Act (The Banking Act of 1933) separating the activities of commercial banks, investment banks, bank holding companies, and insurance companies.
2. We want legislation enacted that prohibits corporations from making donations to political campaigns.
3. We want the leaders of the financial companies that were bailed out during the financial crises to be prosecuted to the full extent of the law under the Sarbanes-Oxley Act of 2002, the Securities Exchange Act of 1934, and the Racketeer Influenced and Corrupt Organizations Act (RICO).
More to follow……….