1% vs. 99%: Understanding Big Bank Earnings, Free Market, & the ‘Volker Rule’

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Understanding Big Bank Earnings, Free Market, & the ‘Volker Rule’

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Labels: Banking Regulation, Big Banks, Free Markets, Volker

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"The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their repective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state." ~Adam Smith, The Wealth of Nations, 1776

Campaign Finance Reform is Progressive Issue # 1

No matter what causes are important to you – progressives will always be at a disadvantage, unless and until, campaign financing is completely reformed to reflect the principle of 'one person, one vote.'

We hold these truths to be self-evident:

1. Corporations are not people.

2. Money is not speech.

3. People are more important than property.

4. The right of assembly includes the right to unionize.

5. Corporatism is not capitalism.

6. Transparency is good.

7. Current campaign laws are anti-democratic.

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1% 1v99 99 Percent ALEC American Dream Movement American Crossroads American Dream American Dream Act Austerity Banking Regulation Banking Regulations Bernie Sanders Big Banks Big Money Bill Moyers Campaign Finance Campaign Reform Capitalism CEO Bonuses CEO Salary CFPB CFR Chris Dodd Citigroup Citizens United Class Warfare Colin Powell Conflict of Interest Constitution Consumer Protection Corporate Personhood Corporatism Crossroads GPS David Crosby Disinformation Dumbing Down America Dylan Ratigan Economic Growth Economic Inequality Economics Elizabeth Warren Equal Access Eviction Resistance False Advertising Fannie Mae Farleigh Dickinson Federal Reserve Filibustering Freddie Mac Free Markets Free Speech Freedom of Speech Get Money Out Glass-Steagall Global Economy GOP GOP Lies Graham Nash Greed Greedy Bastards Harry Belafonte Health Care Reform Home Foreclosures Housing Market Humor Income Disparity Income Inequality Inequalistan Infrastructure Insurance Regulations Jack Abramoff Jeffrey Sachs Jobs K Street Karl Rove Kickstart Koch Brothers Liar Loans Lobbying Lobbyists Mario Savio Mic Check Middle Class Millionaire's Amendment Move To Amend Music Break New Economy NYC Obama Obstructionism Occupy Occupy Homes Occupy Movement Occupy Wall Street Occupy Wall Street Declaration OccupyDC OccupyNYC On Strike One Percent Organizing 4 Occupation Oversight OWS PACs Paul Krugman Payroll Taxes Plutocracy Political Action Committees Political Corruption Political Deception Political Influence Predatory Lending Progressive Movement Propaganda Prosecuting Wall Street Public Banking Reaganomics Redistribution of Wealth Republicans Robert Reich Robin Hood Tax Rush Limbaugh Satire Save Our Students Saving American Democracy Scott Walker SCOTUS SEC Secret Money Shrinking Middle Class SOS Special Interest Lobby Special Interests Stephen Colbert Strong Economy for All Student Aid Student Loans Super PACs Supreme Court Swaps Tax Cuts Tax Fairness Tax Reform Taxes Tea Party Think Local Tom Udall Tort Reform Trickle Down Theory. Economics Trickle Up Unemployment Unequal Protection Unfair Influence Unions US Chamber of Commerce Van Jones Volker Voodoo Economics Vulture Capitalism Wall Street Wall Street Corruption We The People Wealth Distribution Wealth Gap Whistle Blowers White Collar Crime Working Class Zucotti Park

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The fight against corporatism is more than the Occupy Movement. It's more than rich vs. poor, it is more than boycotting Koch products. It comes down to personal freedom -- the freedom to live our lives and achieve our goals without interference from the powers that be who are now controlling the debate, the rules, the wealth and the boundaries of our lives.

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