…and how not to.
If one were to watch Anthony Hopkins as President Nixon speaking to hippies at the Lincoln Memorial in the 1995 Oliver Stone biopic, Nixon, it exemplifies this.
They protested violence and the Vietnam conflict in favor of world peace; when the president starts to discuss geo-political leverage versus red China and the Soviets, they stare with blank faces.
No different today insofar as the point consumers seek to make over financial industry practices and exploitation of middle and lower-class Americans.
- Sit-ins fail. No one pays attention because guilt is not compelling enough
- You want to get someone’s attention in American society today? Compromise earning power
- Forget sitting in the cold to gain sympathy; no one is moved by such gesturing
- Everyone interested can do one thing: Poll takers and market research analysts suggest the typical American holds under $3,000 in savings at a given time. If it is with a money center bank, meaning Wells, JP Morgan Chase, B of A, Citi, and a host of other big market makers, withdraw your savings and put the money in a safe, under your mattress, in a credit union, et cetera.
50 million Americans do that and that’s leverage. When a bank can no longer aggregate direct deposits from millions of middle-class paychecks and kick that money up to an investment bank or loan it out at six times the APR, then protests are noticed.
Hurt someone physically or hurt their income sources. Not sit-ins. Those are, and always have been, for poor people with no leverage. They fail.
If a protest rallies poor, desperate, dissatisfied Americans like Malcolm X did, its leader is neutralized.
Enough sitting in on Wall Street. To change policy there, hurt the guy in the navy blue suit’s Christmas bonus rather than sitting in a park on social media marching up the street.