OWS Volker Rule

This opinion piece praises the Volker Rule submission made by Occupy Wall Street.

Well deserved praise!!!!

This is how OWS is to make progress:

A mass of people who are discontent with the result of a dysfunctional system express justified discontent and a few ideas.  Some had no ideas.

Some subject matter experts come to talk to the mass of discontent OWS.  They give them some ideas as to why the system is dysfuntional.

The discontent masses begin to understand the nature of the problem but have, in general, no technical expertise to  address the problem and/or create solutions.

Technical experts join OWS to fight the existing system on a technical operating level where it is inherently weak, and it certainly is weak and ripe for exposure and revision.

Maybe the majority of OWS were unwashed and relatively uneducated but they put everyone to shame by yelling fire when everyone was either ignorant of the fire or declined  to do anything about it even if they were in a position of authority to do it.

Now it the time for the 10% of the OWS that are subject matter technical experts to step in and do the intellectual work of the movement.  They are the ones to counter the opposing 1% with the brains and money to get where they are.  The differential is that the power of the 1% is more in their money than their brains whereas the power of the 10% OWS elite is in their brains and motivation not to make money but to make justice through a systemic change to achieve it.

I give my praise and support to those that created the OWS Volker Rule submission.  I also praise those in the media using their particular technical expertise to through light on it and its importance.

The 1%(OWS) of the 99% called attention to the problem and will continue to that.  With their continued support it is up to the 1% elite of the 99% to take the battle to the opposing 1% to fight on the turf claimed and solely occupied by that 1%.

The previous paragraph addresses the core of the fight but perhaps is more like 1% of the rich control the strings of the dysfuntional system having a base of 10% support.  On the other hand the 10% of the OWS are technical experts in various fields that create the battle plan with the base support of the 89% and take to the 1% and their base of 10%.

Logic and commitment to objectives and ideals beyond money are on our side.

It is time for the technical experts, in whatever field they operate to step forward and join OWS and become its leadership to take up the challenge to fix things that have been identified by the 99%.

Kudos to those that produced the OWS Volker Rule submission.  OWS in the street has made their point with their bodies.  It is time for the gifted to apply their brains.  Is this elitist?  No, the gifted will also educate the rest of us.  The movement must put the best and brightest at the front.

Bloomberg had this to say about the OWS submission.

Wonks!!!