And those Wall Street motherfuckers are getting a helluva return on investment. Today the NYPD arrested 700 peaceful Wall Street protesters after luring them into a trap.
The NY Times reports:
None of the protesters interviewed knew if the bridge march was planned or a spontaneous decision by the crowd. But all insisted that the police had made no mention that the roadway was off limits. Ms. Day and several others said that police officers had walked beside the crowd until the group reached about midway, then without warning began to corral the protesters behind orange nets.
“The cops watched and did nothing, indeed, seemed to guide us onto the roadway,” said Jesse A. Myerson, a media coordinator for Occupy Wall Street who marched but was not arrested.
Etan Ben-Ami, 56, a psychotherapist from Brooklyn who was up on the walkway, said that the police seemed to make a conscious decision to allow the protesters to claim the road...Mr. Ben-Ami said he left the walkway and joined the crowd on the road. “It seemed completely permitted,” he said. “There wasn’t a single policeman saying ‘don’t do this’.”
He added: “We thought they were escorting us because they wanted us to be safe.”We have a grave problem in America when — on behalf of the corporations that regulate our government — police are dispatched to punish citizens for exercising their First Amendment right to peaceably assemble and petition the Government for a redress of their grievances.
“This was not a trap,” [Paul J. Browne, the chief spokesman for the New York Police Department] said. “They were warned not to proceed.”
All of this has caused me to recall the words of Justice William O. Douglas where he prophesied the modern oligarch's insistence that even their worst excesses must be rewarded as successes because they are "too big to fail."
We have here the problem of bigness....The Curse of Bigness' shows how size can become a menace – both industrial and social. It can be an industrial menace because it creates gross inequalities against existing or putative competitors. It can be a social menace – because of its control of prices...[P]rice level determines in large measure whether we have prosperity or depression...His dissent was not argued from optimism or ignorance. Prior to his appointment to the court, Douglas was the Chairman of the Securities and Exchange Commission.
[A]ll power tends to develop into a government in itself. Power that controls the economy should be in the hands of elected representatives of the people, not in the hands of an industrial oligarchy. Industrial power should be decentralized. It should be scattered into many hands so that the fortunes of the people will not be dependent on the whim or caprice, the political prejudices, the emotional stability of a few self-appointed men.
* Per their own press release, "JPMorgan Chase recently donated an unprecedented $4.6 million to the New York City Police Foundation. The gift was the largest in the history of the foundation and will enable the New York City Police Department to strengthen security in the Big Apple. The money will pay for 1,000 new patrol car laptops, as well as security monitoring software in the NYPD's main data center." [emphasis added]