Power of the People

America wonders why politicians do not hear them when they speak except when it’s close to election time, but Occupy Wall Street and its off-shoots all over the world is beginning to change that.

When Occupy Wall Street protestors decided to collect signatures of individuals willing to close out their accounts with Chase, Wells Fargo and Bank of America, the banks finally decided to honor their customers by putting them before profit when they cancelled the proposal to raise surcharges. The main argument about falling profits is the same for big business as it is for government.

Every time there appears to be a need to reduce spending, government looks immediately at the salaries or income of those in the middle class and if you listen closely to their talking points, they will say that the biggest expense is payroll. Government also looks to cut programs that serve the middle class and poorest among us. Now here comes big business doing the exact same thing. Charging you more to use your money and increasing the fees for programs which makes life just a little easier for the working class people.

If this was really about reducing cost and streamlining to provide better customer service, then why not begin where the biggest bulk of the cost really is. Ask yourself just how much money does any person really need to survive. Bank Presidents making over one million dollars per year could afford to take a pay cut for a few months in order to show their dedication to making their company better. It’s as if those in charge of making the company profitable are not required to do so at the expense of their job. Instead of allowing them to take a job, fail at that job and not pay a penalty for incompetence, they should be required to earn every dime by doing what is necessary to keep employees working while keeping the business profitable. This can be done and should be done but must be demanded by those who support them.


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