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Basically arguing to make the rule tougher. right? first i want to talk about how you did this. because you guys are real occupy folks and you do all the -- hand signals. twinkles and do the human mike. my first thought was how did the 325-page letter on regulatory enforce many get written under those conditions? >> the first thing is we didn't intend to write such a long letter. it evolved that way. the process went like this. you have plan to show to -- i got involved in occupy wall street on right after the big pepper spray incident. and i heard naomi give an open forum talk in wrigley squa...

For everyone to leave the status quo untouched and that is -- is that a fair description of what is happening with dodd/frank? i want to get your sense of where we are in this because dodd/frank seems like a big accomplishment. consumer finance bureau and the president talks about it a lot. is it really going to solve the problem as it is headed now? >> well, i think there's two parts. right? you are right in this -- sort of regulatory drafting process. there's so much potential for things to be watered down in the loopholes to be introduced. you were talking about mitt romney before. there is...

Shine the light on this part of the process the media and public tends to go away at this point. right? banks and -- whatever regulation you are talking about usually the only people that comment are the people that are about to be regulated. and so we wanted to provide a different voice to say well, hold on. we want to give you guys alternatives. we want to, you know, try to represent a different opinion than what the banks are going to say which is predictably take this out, this is too harsh. this will ruin the economy. one thing we sort of say is how stupid do they think we are? ruin the e...

Sort of the decisionmaking bodies, so to speak, you are free to sort of do what you want. i take your point and lots of people would -- first of all, say well, this isn't good enough, let's go back to glass/steegal. ing the system is so broken it cannot be reformed. our approach is we don't think you have to choose. you can try to work within this system and you can try to build the -- a new system in a group called occupy bank thinking about how would we build a new bank from scratch. >> yeah. one of the things i think is -- fascinating in terms of the context of this, political context we ta...

Everything marx told bus communism was false. everything he told us about capitalism is turning out to be true. but i think that this is the core of it. right? that -- you know, it didn't work and it was a terrible system economically and also politically. right? let's not forget. but capitalism is causing problems, a lot of problems, too p. the only thing i say about the conditions of the industrial revolution being exported to safe places like china which is true is that tin does treeal revolution worked. it was actually a really terrific thing. and it is working in china and india as well. ...