There is no question Occupy Wall Street has gotten a lot of publicity – most of it bad.
One of its goals is to increase the awareness of the American public about the greed and corruption that permeates Wall Street. It has not accomplished this goal. Its message has been obscured by tents-in-the-park.
Unfortunately, it does not stand for a clear-cut cause that people can rally around. Its message is rapidly becoming old news – even if it has a float in the Rose Parade.
If Occupiers are fed up with Wall Street they should have shined their spotlight on company executives who made millions when they decided to rip-off the American public. They should use public data to publish a Top Ten List. The spotlight should focus on the executives’ decisions, compensation, and the damage they did to their own clients and the American public.
Occupiers should also shine their spotlight on the politicians who pass regulations that protect these executives from prosecution for their crimes. Wall Street executives can commit crimes and their companies pay fines without admitting any guilt.
According to the SEC it does not have the legal resources to prosecute the executives of large companies. Its solution is to levy fines that become a cost of doing business for the executives’ companies. Consequently, there is no downside for corrupt executives.
Occupiers should be focused on making executives and politicians accountable for decisions that damage the American public. This is a cause worth fighting for.
Wall Street greed and corruption will not go away until the incentives to cheat investors have to be removed and executives who commit criminal acts are sent to jail.