Banksters Plotting A Propaganda Offensive Against Occupy Wall Street

Chris Hayes has acquired a memo from a well-connected group of Washington lobbyists to the American Bankers Association. The memo proposes launching a comprehensive campaign against the Occupy Wall Street (OWS) movement with an $850,000 budget and an intent to “undermine their credibility.” Hayes begins his expose saying that…

“Speaker Boehner’s lobbying buddies are proposing a hit job on Occupy Wall Street. […] The former Boehner aides, who now lobby for Wall Street, sketched out a strategy for deploying proxies to shill for Wall Street and against Occupy without the public knowing.”

The lobbyists’ memo (pdf) goes into detail as to how they would deliver on their promise to suppress the impact of OWS and to punish their defenders whether they be Democrats or Republicans. In fact, the lobbyists are particularly worried about GOP defectors:

“Leading Democratic strategists have begun to openly discuss the benefits of embracing the growing and increasingly organized Occupy Wall Street (OWS) movement to prevent Republican gains in Congress and the White House this year […] However, the bigger concern should be that Republicans will no longer defend Wall Street companies – and might start running against them too.”

That’s a revealing admission that the OWS message has a much broader appeal than is generally acknowledged. It is not insignificant that when Speaker Boehner was confronted with the allegation that Republicans are the champions of Big Business, rather than proudly embrace his constituency, Boehner attempted to shift the criticism to President Obama by asserting that the President’s campaign was the biggest recipient of Wall Street donations. Obama has indeed received a considerable sum from the sector, but most of his contributions are from small donors. And since the Obama administration has been an advocate of financial reform and regulation, and created the Consumer Financial Protection Bureau despite industry opposition, it could be said that the Banksters didn’t get much for their money. Further affirming the mass popularity of the OWS message, the memo continues…

“Well-known Wall Street companies stand at the nexus of where OWS protestors and the Tea Party overlap on angered populism. Both the radical left and the radical right are channeling broader frustration about the state of the economy and share a mutual frustration over TARP and other perceived bailouts. This combination has the potential to be explosive later in the year when media reports cover the next round of bonuses and contrast it with stories of millions of Americans making do with less this holiday season.”

The biggest nightmare of this crowd is that OWS and the Tea Party will unite against the One Percenters. An notice that the lobbyists are not concerned with the actual suffering of “millions of Americans making do with less this holiday season,” only the wrenching perception of that fact when juxtaposed with the extravagance and greed of the Wall Streeters whose holidays will be abundantly joyful. That’s why the lobbyists and their Bankster clients need to demonize OWS as lazy, dirty, violent, unfocused, etc. But the lobbyists’ memo appears to recognize that that tactic has not worked:

“It may be easy to dismiss OWS as a ragtag group of protestors but they have demonstrated that they should be treated more like an organized competitor who is very nimble and capable of working the media, coordinating third party support and engaging officeholders to do their bidding.”

Indeed, it is easy to use puerile insults to dismiss OWS, a role that Fox News has embraced with relish. But we are beginning to see the shift from ridicule to respect as the Banksters realize that this movement is competent, committed and has the support of the public. So the response from the lobbyists is to smear the group’s members and spread lies about its composition. The memo even reprises the false assertion that George Soros, a favorite villain of the right, is funding OWS. Then it continues to propose an analysis of OWS’ “extremist leaders” to construct “negative narratives for high-impact media placement,” otherwise known as propaganda.

Finally, the memo outlines an electoral strategy that targets races in battleground states like Florida, Pennsylvania, Virginia, Wisconsin, Ohio, New Mexico, Nevada, and North Carolina. These are all states that Obama won in 2008. In addition to this effort, they offer to “provide cover for political figures who defend the industry.” It’s a full service operation, after all. Watch the video from UP w/Chris Hayes here:


8 thoughts on “Banksters Plotting A Propaganda Offensive Against Occupy Wall Street

  1. This is going to backfire….bad. I can’t wait to see them destroy themselves with attacks on the largest populist movement since women’s rights. The rich defending themselves against the majority of the country’s population, that also happens to be suffering the worst of THEIR GREEDY FUCK UPS, is only going to hurt them. Eat the rich, boy, eat the rich. And with this they will only sprinkle themselves with salt and pepper. MMm, finger lickin good!!!!

    I think they forgot who destroyed the entire planet’s economy, and they’re blind to the fact that they OWE US FOR SAVING THEIR JOBS WHILE WE LOST OURS. Don’t be surprised when we blame the rich, I didn’t do anything to deserve to lose my job, THEY DID and they’re STILL EMPLOYED WHILE WE FUCKING GOT FIRED. So go ahead, try to make us look bad, it won’t work.


    • As a non-cannibal I cannot support or endorse your proposal to “eat the rich” either, no matter how good you say they taste.

      I will however endorse and support a proposal to stop the rich from continuing to “eat” metaphorically speaking, the rest of society.

      • As a cannibal, I can confirm that the rich taste like like a very fine goose liver pate. They are best served with fava beans and a good chianti.

  2. Which is why artists of every stripe, no matter what their talent or medium, need to serve as the people’s media and help spread the #OWS message of noviolent civil disobedience and economic justice. It’s something that adbusters certainly will be able to get behind and for those of us who haven’t already, we can start rigth now.

  3. Just saw a fed-ex commercial with executive compensation as the punchline, was pretty funny. I’ll still use the USPS though.

Comments are closed.