"Every single investment bank on Wall Street, as we know it today, would have been illegal in the days of our founding."

The Founding Fathers and Occupy Wall Street

By Rick Ungar October 28, 2011 11:08 AM 

As many in the GOP continue their attacks on the Occupy Wall Street movement, it seems a worthwhile exercise to take a look at how our Founding Fathers —who Republicans constantly remind us are the guiding light whose vision is to be strictly adhered to—would view the effort of this movement to take back the nation from the corporate and moneyed interests. John Adams wrote that:

All the perplexities, confusion and distress in America arise not from defects in the Constitution or Confederation, not from a want of honor or virtue so much as from downright ignorance of the nature of coin, credit and circulation.

Democrats Chip Away at 40 Years of Radical Pro-Business Legislation

This morning, on a day when a category one hurricane is rushing into the Gulf, a Senate committee voted to eliminate limits on liability that oil companies would face for damages stemming from offshore spills like the one in the Gulf of Mexico. The President signaled his support for higher or no caps on liability for oil companies earlier this month. While it may seem like this is just another meaningless vote, a closer examination reveals a huge paradigm shift under way, and it would be wise for voters to pay attention.
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