How the tea party can 'agree' with Occupy movement's demands
Given the somewhat amorphous slogans of the Occupy Wall Street movement, members of the tea party may be wondering if they should join the fray. University of Denver law professor Robert Hardaway suggests how the tea party might “agree” with five of the Occupy movement's top demands – in its own way:
2. No more corporate welfare
No more massive taxpayer subsidies for companies like solar firm Solyndra just because these companies are chic, politically seductive, or give campaign contributions to favored politicians. Instead of forcibly extracting billions from homeowners struggling to pay their mortgages in order to finance this kind of corporate welfare, use the money instead to lower taxpayer-homeowners' income taxes so they can pay their mortgages and avoid foreclosure.
Stop subsidizing corporations like Fannie Mae and Freddie Mac, which act as transit points for securitizing loans, rewarding banks that market them, and thereby inflating the housing market to levels unaffordable by the average American.
THE MONITOR'S VIEW: What the Occupy protests can do next