There is strength in numbers, right? No doubt.
There is also strength in scale, strong organization, defining one’s place in the market and then accentuating all of the above.
Why do mergers work? In my opinion, successful mergers accomplish the following:
1. Define a need and opportunity within the marketplace.
2. Develop a unified vision in joining forces which looks for far reaching and grand common goals.
3. Agree to make the shared sacrifice which marginalizes those inside and outside the individual units which would prefer the status quo or a variation thereof.
4. Realize that prior to winning future battles, nothing can and will be accomplished unless there is an acceptance and agreement on the points above.
Against this backdrop, why do I think those involved in both the Tea Party and Occupy Wall Street movements should merge?
I firmly believe that the common points of interest in these groups far exceed the differences. I also firmly believe that forces in Washington, on Wall Street, and in the media are working hard to define who and what the TP and OWS represent so as to keep them separate and distinct. How so?
I regularly see the Tea Party defined as a group of renegades railing on big government. I now witness the OWS movement as a group defined as young beatniks railing on the “big business” mentality on Wall Street.
The simple fact is the issues crippling our nation are not simply those of big government or big business. The issues crippling our nation are the marriage of the interests embedded in Washington with those embedded on Wall Street. That marriage, commonly defined here at Sense on Cents as the ‘Wall Street-Washington Incest‘, has left far too many of our citi (C)zens—including those aligned with both the Tea Party and OWS—on the outside looking in.
How do we address the incestuous nature of this relationship and get a seat at the table for the necessary debate our nation must undertake?
1. Do not allow the media or the power bases on Wall Street or Washington to define and then marginalize either group. I witness this process of definition and marginalization occurring on a daily basis.
2. Define and hammer the common values and goals of both movements. Focus on promoting the truth at every turn. Demand transparency daily. No compromising on integrity.
3. Stay on message. That is, do not waver in defining the incestuous relationship between Wall Street and Washington as the root of our national rot and decay.
4. Do not look to solve issues down the road in terms of social, fiscal, or monetary policy and thus lose focus while highlighting differences in outlook.
Complementary efforts properly aligned are powerful and can redefine our national political process. The fact is a merger of the forces within the Tea Party and OWS can form the foundation for the third party that our nation needs. A merged entity can demand air time and exposure that individual entities never could.
Will a merger occur? I hope so. I think a joint effort could change our national direction away from the crony capitalism which is part and parcel of the ongoing incest which envelops us.
Shared sacrifice and grand visions are what made our country great. Let these be the cornerstones upon which this merger occurs so our nation can once again embrace and promote our badly needed virtues of truth, transparency, and integrity. In the process, perhaps we can recapture some ‘sense on cents’ and provide a brighter future for our children.
Questions, comments, constructive criticisms encouraged and appreciated.
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I have no affiliation or business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets, our economy, and our political realm so that meaningful investor confidence and investor protection can be achieved.
There is strength in numbers, right? No doubt.
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