"Everything is Not coming up Roses" was the message delivered to millions of Rose Bowl Parade viewers, January 2nd in Pasadena, California -- where hundreds of "Occupy the Rose Parade" protesters carried banners and marched alongside a float depicting big banks as a giant octopus.
OCCUPY's FIVE PRIMARY DEMANDS:
(1) Take Corporate Money out of Politics: (A) Reverse Chief Justice Roberts & Supreme Court "Citizens United" ruling; (B) Continue with immediate congressional action to Ban Corporate Money from all US Federal & State Elections
(2) Regulate Corporations: Reinstitution of the 1930s "Glass Steagal" wall that separated investment and commercial banking functions -- No universal banks.
(3) Make Banks Accountable: Investigate fraud and prosecute CEOs & banks that benefited from the dot-coma & real estate ponzi schemes of 1998-2008.
(4) Immediately restore the Capital Gains' post 9/11's 15% tax level to pre-G.W. Bush era (i.e. 30%; Capital Gains Tax rate was 49% late '60s)
(5) Immediate Foreclosure Relief for Americans with provisions for tangible asset equity drawdowns for major banks which unfairly structured loan provisions during the 2000-2008 time period, especially Bank of America (owner of Countrywide's mortgage asset portfolio) and Citibank.
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