Video Title: Plan to UNDERMINE Occupy Wall Street!!!!!! PLEASE watch and mirror!
YouTube Video URL: http://youtu.be/Wt1xLueE1QY
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Chris Hayes: Our Story of the week: An UP with Chris Hayes exclusive. Speaker Boehner‘s lobbying buddies are proposing a hit job on Occupy Wall Street. This week here at UP, we obtained a memo written for the American Banker’s Association that lays out the plan for a nearly one million dollar campaign against Occupy Wall Street and any politician who might express sympathy for Occupy Wall Street including specific Democratic politicians in contested races.
The memo was prepared by the Washington lobbying firm, Clark Lytle Geduldig & Cranford or CLGC for short. Two of the partners in the firm are former aides to speaker John Boehner and the firm’s website boasts of its closeness to the current speaker.
Prepared as a pitch document for the American Banker’s Association, a client of CLGC, the memo lays out the political threat Occupy Wall Street poses for the banks and their swarmed defenders in the Republican Party. Democratic victories in 2012, the authors write “…would mean more than just short-term political discomfort for Wall Street firms… It has the potential to have very long-lasting political policy and financial impacts on the companies in the center of the bulls-eye.”
So, here we have in black and white former Boehner aides who now lobby for Wall Street admitting Democrats will be top front Wall Street. And they also admit that Occupy Wall Street and embolden Democrats might push the Republicans to distance themselves from Wall Street’s bigger firms. The bigger concern, in the words of the memo’s author quote, “…should be that Republicans will no longer defend Wall Street companies…”
In order to head off this terrifying eventuality, the memo proposes a program of opposition research on Occupy Wall Street activists which quote, “…will also identify opportunities to construct fact-based negative narratives of the OWS for high impact media placement to expose the backers…”
They admit that, “Individual companies under threat by OWS and its adoption by Democrats likely will not be the best spokespeople for their own cause.” because well, everyone hates the bankers.
So the former Boehner aides who now lobby for Wall Street sketch out a strategy of deploying proxies to show for Wall Street and against Occupy without the public knowing. The former Boehner aides also urged big banks to punish politicians who target them early on in order to send a message quote, “A big challenge is to demonstrate that these companies still have political strength and that making them a political target will carry a severe political cost.”
And they say that, “A strong [media] placement early in a transition to adopt the OWS movement will send a powerful signal about the risks of carrying that through.”
One goal of this campaign the former Boehner aides turned Wall Street lobbyist write is to quote, “…provide cover for political figures who defend the industry.”
They are proposing a campaign using Wall Street money to defend Wall Street’s political allies and specifically targeting Democratic politician for re-election who might stand up to Wall Street. Naming Ohio Senator Sherrod Brown and identifying Senate races in Florida, Pennsylvania, Virginia, Wisconsin and New Mexico for targeting as well.
It was always clear that if Occupy Wall Street began to have some success it would precipitate a massive backlash from the powers that be. And as we’ve seen this week as I’ve said, “The empire strikes back”. We placed to call the Clark Lytle Geduldig & Cranford to ask them about the memo and they did not respond.
The American Banker’s Association told us quote, “Our Government relations staff did receive the proposal -it was unsolicited and we chose not to act on it in any way.”
Nevertheless, what’s contained in this short memo are all of the most craven corrupt and insidious forces of the status quo coming together to squash Occupy.
In fact, the document represents just about everything wrong in America in 4 short pages. We have a lobbying firm whose webpage glowingly advertises that Sam Geduldig, a former Boehner staffer quote, “Knows how to kill legislative threats to his clients.” drawing up a battle plan for the financial industry and its 1% members to use their deep pockets to attack the Occupy Movement and protect the banks’ financial interests by creating quote, “Political cover for bank friendly policies.” And while doing this they would of course have the help and connections of fellow partner Jay Cranford who just a few short months ago was working as a policy aide to speaker Boehner.
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