“…We Have to Fight the Plutocrats to Build an Economy that Works…”

“…This can be our moment. A new activism is emerging in the United States and abroad, where people, in unexpected places, are standing up to challenge the rich and powerful.

From recent uprisings in Egypt, to young people and workers in Europe marching and striking against shortsighted austerity plans, to the battle of nurses, teachers, firefighters and community members in Wisconsin – and the sit-ins and occupations of banks starting around the country, a movement is starting to grow.

After being battered and on the defensive, we have an opportunity in the United States to go on the offensive to transform the economy and politics of our country and create shared prosperity for all.

Corporations have $1.6 trillion in cash reserves and are making record profits. The CEOs of Wall Street and the big banks paid themselves record compensation and bonuses of $135 billion in 2010 ($7 billion more than in 2009).

After trillions in bailouts, they are even bigger and more dominant than before the economic crash. Now can be our moment to build a movement that both captures the popular imagination – and has a strategy to engage millions of people to improve their lives by harnessing:

•The potential power of government to force banks to pay their fair share of taxes and renegotiate toxic interest rates that are sucking billions out of city and states budgets…” (cont..)

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We Have to Fight the Plutocrats to Build an Economy that Works | Economy | AlterNet.

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