Too Big to Fail
for the Color Field Ensemble (Alto Sax, Piano, Electric Bass Guitar, and Percussion)
On October 3, 2008, President George W. Bush signed the Trouble Asset Relief Program (TARP) into law, authorizing $700 billion to be spent by the federal government to "bailout" financial institutions deemed to be "too big to fail," such as AIG, Citigroup, Bank of America, and JP Morgan Chase. Some of these institutions went on to levy steep fees against their patrons, give large bonuses to their executives, lobby against regulations and consumer protections, and all received a continuation of the Bush tax cuts which are adding trillions to the national debt.
On September 17, 2011 protesters in New York's Zucotti Park began the Occupy Wall Street movement, that argued, among other things, that the nation's economy should work for the 99% of the American population, not just the millionaires and billionaires who comprise the 1%. This piece is dedicated to the Occupy Movement and its protesters who decided THE PEOPLE ARE TOO BIG TO FAIL.
On September 17, 2011 protesters in New York's Zucotti Park began the Occupy Wall Street movement, that argued, among other things, that the nation's economy should work for the 99% of the American population, not just the millionaires and billionaires who comprise the 1%. This piece is dedicated to the Occupy Movement and its protesters who decided THE PEOPLE ARE TOO BIG TO FAIL.