Forum Post: Obama will appoint a new economic team very soon. His last one was pro-Wall Street. Let's demand change in his second term.
Posted 6 years ago on Nov. 21, 2012, 4:33 p.m. EST by toobighasfailed
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I sometimes worry that Occupy Wall Street has drifted from its original purpose: to call attention to Wall Street. This loss of focus is precisely what Wall Street wants because it means they can keep the status quo. And they will, unless the pressure for them to change is strong and unified.
In his first term, the Obama team helped appoint a number of advisers who were strongly connected to Wall Street—Larry Summers, Tim Geithner, Mark Patterson, Gary Gensler, and William Dudley. It's little wonder, then, that we didn't see major reforms on reigning in the big banks.
There's big speculation now that Jack Lew—another guy with a Wall-Street-first mentality—will be appointed as treasury secretary. This will ensure that things remain the same.
If we unite and stay focused, then we might see real change on Wall Street. Here are a list of petitions that call for Obama to appoint people who want real reform. These petitions deserve the continued attention of OWS.
Credo petition, with over 35,000 signatures already: http://act.credoaction.com/campaign/sec_chair/?rc=tw_email
SwitchYourBank.org petition: https://petitions.whitehouse.gov/petition/appoint-economic-team-supports-real-reform-wall-street/N4GnHd8D