A lobbying group, Clark Lytle Geduldig & Cranford, put out a memo to one of their clients, the American Bankers Association about “constructing a negative narrative about Occupy Wall Street”. I’m not sure it is really a smoking gun as most of this falls into the realm of “common knowledge”. I do think that most folks believe this is how our sick system really works. It is, however, very scary to see this in print.
From an article on CommonDreams.org gleaned from MSNBC:
According to the memo, if Democrats embrace OWS, “This would mean more than just short-term political discomfort for Wall Street. … It has the potential to have very long-lasting political, policy and financial impacts on the companies in the center of the bullseye.”
The Occupy Wall Street movement has at least some the monied class a little nervous. Or cynically, the firm just might be trying to make a few bucks (if you call $850,000, a few bucks) off of any perceived fear of OWS.
Again from the article:
The memo also suggests that Democratic victories in 2012 should not be the ABA’s biggest concern. “… (T)he bigger concern,” the memo says, “should be that Republicans will no longer defend Wall Street companies.”
The memo also goes on to suggest if somehow OWS would coalesce with The Tea Party on issues where they overlap, it could spell big trouble for banks and other financial institutions.
The memo is a very clear ‘smoking gun’ on how the strategy of the 1% to protect their greedy gains from the 99% at any cost, with any tactic.
To read the article in its entirety follow this link: Lobbying Firm’s Memo Spells Out Plan to Undermine Occupy Wall Street