Occupy and Teddy Roosevelt. We've been at this point before in history.
NOTE: I am not endorsing a formation of a third party. I just find that many of the reasons Teddy Roosevelt formed the Bull Moose Party, are the same reason Occupy formed. Here are some of his words from before the Convention of the National Progressive Party
in Chicago, August, 1912:
You can read the entire speech here:
http://www.ssa.gov/history/trspeech.html
The old parties are husks, with no real soul within either, divided on artificial lines, boss-ridden and privilege-controlled, each a jumble of incongruous elements, and neither daring to speak out wisely and fearlessly what should be said on the vital issues of the day.
The prime need today is to face the fact that we are now in the midst of a great economic evolution. There is urgent necessity of applying both common sense and the highest ethical standard to this movement for better economic conditions among the mass of our people if we are to make it one of healthy evolution and not one of revolution. It is, from the standpoint of our country, wicked as well as foolish longer to refuse to face the real issues of the day. Only by so facing them can we go forward; and to do this we must break up the old party organizations and obliterate the old cleavage lines on the dead issues inherited from fifty years ago. Our fight is a fundamental fight against both of the old corrupt party machines, for both are under the dominion of the plunder league of the professional politicians who are controlled and sustained by the great beneficiaries of privilege and reaction. How close is the alliance between the two machines is shown by the attitude of that portion of those Northeastern newspapers, including the majority of the great dailies in all the Northeastern cities--Boston, Buffalo, Springfield, Hartford, Philadelphia, and, above all, New York--which are controlled by or representative of the interests which, in popular phrase, are conveniently grouped together as the Wall Street interests.
Neither the Republican nor the Democratic platform contains the slightest promise of approaching the great problems of today either with understanding or good faith; and yet never was there greater need in this Nation than now of understanding, and of action taken in good faith, on the part of the men and the organizations shaping our governmental policy. Moreover, our needs are such that there should be coherent action among those responsible for the conduct of National affairs and those responsible for the conduct of State affairs; because our aim should be the same in both State and Nation; that is, to use the Government as an efficient agency for the practical betterment of social and economic conditions throughout this land. There are other important things to be done, but this is the most important thing. It is preposterous to leave a movement in the hands of men who have broken their promises as have the present heads of the Republican organization (not of the Republican voters, for they in no shape represent the rank and file of Republican voters). These men by their deeds give the lie to their words. There is no health in them, and they cannot be trusted. But the Democratic party is just as little to be trusted. The Underwood-Fitzgerald combination in the House of Representatives has shown that it cannot safely be trusted to maintain the interests of this country abroad or to represent the interests of the plain people at home. The control of the various State bosses in the State organizations has been strengthened by the action at Baltimore; and scant indeed would be the use of exchanging the whips of Messrs. Barnes, Penrose, and Guggenheim for the scorpions of Messrs. Murphy, Taggart, and Sullivan. Finally, the Democratic platform not only shows an utter failure to understand either present conditions or the means of making these conditions better, but also a reckless willingness to try to attract various sections of the electorate by making mutually incompatible promises which there is not the slightest intention of redeeming, and which, if redeemed, would result in sheer ruin. Far-seeing patriots should turn scornfully from men who seek power on a platform which with exquisite nicety combines silly inability to understand the National needs and dishonest insincerity in promising conflicting and impossible remedies.
I do not mean that we shall abandon representative government; on the contrary, I mean that we shall devise methods by which our Government shall become really representative. To use such measures as the initiative, referendum, and recall indiscriminately and promiscuously on all kinds of occasions would undoubtedly cause disaster; but events have shown that at present our institutions are not representative--at any rate in many States, and sometimes in the Nation--and that we cannot wisely afford to let this condition of things remain longer uncorrected. We have permitted the growing up of a breed of politicians who, sometimes for improper political purposes, sometimes as a means of serving the great special interests of privilege which stand behind them, twist so-called representative institutions into a means of thwarting instead of expressing the deliberate and well thought-out judgment of the people as a whole. This cannot be permitted. We choose our representatives for two purposes. In the first place, we choose them with the desire that, as experts, they shall study certain matters with which we, the people as a whole, cannot be intimately acquainted, and that as regards these matters they shall formulate a policy for our betterment. Even as regards such a policy, and the actions taken thereunder, we ourselves should have the right ultimately to vote our disapproval of it, if we feel such disapproval. But, in the next place, our representatives are chosen to carry out certain policies as to which we have definitely made up our minds, and here we expect them to represent us by doing what we have decided ought to be done. All I desire to do by securing more direct control of the governmental agents and agencies of the people is to give the people the chance to make their representatives really represent them whenever the Government becomes mis-representative instead of representative.
I have not come to this way of thinking from closet study, or as a mere matter of theory; I have been forced to it by a long experience with the actual conditions of our political life. A few years ago, for instance, there was very little demand in this country for Presidential primaries. There would have been no demand now if the politicians had really endeavored to carry out the will of the people as regards nominations for President. But, largely under the influence of special privilege in the business world, there have arisen castes of politicians who not only do not represent the people, but who make their bread and butter by thwarting the wishes of the people. This is true of the bosses of both political parties in my own State of New York, and it is just as true of the bosses of one or the other political party in a great many States of the Union. The power of the people must be made supreme within the several party organizations.
There is much more in that speech, you can read it at the link above.