Here’s a fascinating interview by Mike Konczal with one of the writers of the Occupy SEC comment letter that’s been getting so much praise. I think it’s significant for a couple of reasons. The first is that it’s clear they came up with a process that worked for getting a consensus document addressing a particular issue, which is a good thing. But more importantly, this document came from Occupy Wall Street, the heart of the movement and ground zero for the 99% vs the 1% claim. Beyond the specifics, which have been received as substantive, serious and important, the significance of a successful collaboration to reform a flaw in the financial system from OWS cannot be understated. As Joe Biden would say, this is a big fucking deal.
Read the whole interview and if you haven’t familiarized yourself with the document, you can read these posts by DDay, Felix Salmon, Matt Yglesias, Swampland, The Nation. It’s pretty great.