Occupy Wall Street Public date: 10.08.2017 19:47:16

Publisher: truthdig

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24 Dec 2014

Do You Know What Banks Are Actually Doing With Your Money?

In this video Russell Brand explores how bankers are circumventing regulations and use inside information to line their pockets. He also explores the fact that banks finance many terrorist organizations. They also talks about the fact that the money you put in the bank is insured behind the banks derrivative trading.
In this video Russell Brand explores how bankers are circumventing regulations and use inside information to line their...
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Publisher: Salon

Author:

24 Dec 2014

Let’s abandon the Democrats: Stop blaming Fox News and stop hoping Elizabeth Warren will save us

Progressives have no power in a corporate, focus-grouped, Wall Street-leaning party. The Democrats conduct since the midterm debacle is as sad and sorry as the campaign that caused it. The party s leaders are a big problem. A bigger one is the closed system of high-dollar fundraising, reductionist polling and vapid messaging in which it is seemingly trapped. Some say a more populist Democratic Party will soon emerge. It won t happen as long as these leaders and this system are in place.
Progressives have no power in a corporate, focus-grouped, Wall Street-leaning party. The Democrats conduct since the...

Publisher: truthdig

Author:

6 Nov 2014

How Ronald Reagan and the Supreme Court Turned American Politics Into a Cesspool

The dominating significance of the mid-term American legislative elections just finished has been the occasion's dramatic confirmation of the corruption of the American electoral system. This disastrous state of affairs is the product of two Supreme Court decisions and before that, of the repeal under the Reagan Administration, of the provision in the Federal Communications Act of 1934, stipulating the public service obligations of radio (and subsequently, of television) broadcasters in exchange for the government s concession to them of free use in their businesses of the public airways.
The dominating significance of the mid-term American legislative elections just finished has been the occasion's...

Publisher: upworthy

Author:

3 Nov 2014

History of influence of money in politics

This is a great history of how money has corrupted the US political process. It shows that congress actually tried to fix the problem after discovering how Nicon received money from corporations, but Supreme courts decision to declare "Corporations are People" decision reveresed this progress.
This is a great history of how money has corrupted the US political process. It shows that congress actually tried to...

Publisher: NYTimes

Author:

30 Oct 2014

Prosecutors Suspect Repeat Offenses on Wall Street

It would be the Wall Street equivalent of a parole violation: Just two years after avoiding prosecution for a variety of crimes, some of the world s biggest banks are suspected of having broken their promises to behave. A mixture of new issues and lingering problems could violate earlier settlements that imposed new practices and fines on the banks but stopped short of criminal charges, according to lawyers briefed on the cases. Prosecutors are exploring whether to strengthen the earlier deals, the lawyers said, or scrap them altogether and force the banks to plead guilty to a crime.
It would be the Wall Street equivalent of a parole violation: Just two years after avoiding prosecution for a variety of...

Publisher: Occupy

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23 Oct 2014

Government targets bank of america and JP Morgan chase over prison banking deals

Goovernment auditors are investigating exclusive contracts held by Bank of America Corp. and JPMorgan Chase and Co. to provide financial services inside federal prisons. Treasury s inspector general, Eric Thorson, will audit Treasury's "awarding and administration" of the contracts with Bank of America and JPMorgan "in response to recent media reports concerning the selection of and high fees charged by these two financial agents," the watchdog's general counsel, Rich Delmar, told The Center for Public Integrity.
Goovernment auditors are investigating exclusive contracts held by Bank of America Corp. and JPMorgan Chase and Co....
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Publisher: Truth Out

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9 Oct 2014

Democracy and Education in the 21st Century and Beyond: An Interview With Noam Chomsky

In the 70's the corporate interest, led by Nixon and his supreme court appointee Justice Powell came up with a plan to protect the corporate interest. Here is what Powel said: "The universities are funded by business. The trustees are from the business world. Instead of just allowing the universities to be taken over by Marxists led by Herbert Marcuse and so on, which is such an illusion you can't even talk about it. Instead of that, he says, "We could discipline them by using the power of the purse, which we have, and we can oppose it and we can defend this." It's all defensive. We can defend ourselves from this tremendous attack by using our economic power to sort of allow business a tiny little sector in which it can function."
In the 70's the corporate interest, led by Nixon and his supreme court appointee Justice Powell came up with a plan to...

Publisher: jacobinmag

Author:

8 Oct 2014

The Death of American Universities

The effective owners are the trustees (or the legislature, in the case of state universities), and they want to keep costs down and make sure that labor is docile and obedient. The way to do that is, essentially, temps. Just as the hiring of temps has gone way up in the neoliberal period, you're getting the same phenomenon in the universities. The idea is to divide society into two groups. One group is sometimes called the "plutonomy" (a term used by Citibank when they were advising their investors on where to invest their funds), the top sector of wealth, globally but concentrated mostly in places like the United States. The other group, the rest of the population, is a "precariat," living a precarious existence.
The effective owners are the trustees (or the legislature, in the case of state universities), and they want to keep...

Publisher: prepare for change

Author:

7 Oct 2014

Whistleblower Dr Udo Ulfkotte says all media is fake

Great interview with Dr. Udo Ulfkotte, who was a journalist for Frankfurter Allgemeine in Germany and has published a book describing in detail that all news is fake and "Trans Atlantic Alliance", run by CIA controls much of the news.
Great interview with Dr. Udo Ulfkotte, who was a journalist for Frankfurter Allgemeine in Germany and has published a...

Publisher: truthdig

Author:

3 Oct 2014

Why Economic Inequality Is Not a Bigger Political Issue

If critics of income inequality are wondering why the growing gap between rich and poor hasn t been a more potent political issue in the upcoming elections, a new study offers some answers: Americans grossly underestimate this inequality. That s one of the key findings of a survey showing the gap between CEO and average worker pay in America is more than 10 times larger than the typical American perceives.
If critics of income inequality are wondering why the growing gap between rich and poor hasn t been a more potent...

Publisher: Talking Points memo

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18 Apr 2014

Princeton Study: U.S. No Longer An Actual Democracy

A new study from Princeton spells bad news for American democracy - namely, that it no longer exists. Asking "who really rules?" researchers Martin Gilens and Benjamin I. Page argue that over the past few decades America's political system has slowly transformed from a democracy into an oligarchy, where wealthy elites wield most power. Using data drawn from over 1,800 different policy initiatives from 1981 to 2002, the two conclude that rich, well-connected individuals on the political scene now steer the direction of the country, regardless of or even against the will of the majority of voters.
A new study from Princeton spells bad news for American democracy - namely, that it no longer exists. Asking "who really...

Publisher: Bill Moyers

Author:

18 Apr 2014

What the 1% Don’t Want Us to Know

An interview with Paul Krugman discussing inequality and Thomas Piketty's book "Capital in the Twenty-First century" - The median pay for the top 100 highest-paid CEOs at America s publicly traded companies was a handsome $13.9 million in 2013. That s a 9 percent increase from the previous year, according to a new Equilar pay study for The New York Times.
An interview with Paul Krugman discussing inequality and Thomas Piketty's book "Capital in the Twenty-First century" -...

Publisher: Youtube

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23 Dec 2013

Noam Chomsky on “Corporate State-Capitalism”

Speech by Prof. Noam Chomsky on the role of the state in capitalism and the myth of "free markets". He talks about how the state protects the "Military Industrial Complex" as subsedizes it to maintain control over the society.
Speech by Prof. Noam Chomsky on the role of the state in capitalism and the myth of "free markets". He talks about how...

Publisher: Huffington Post

Author:

23 May 2013

Occupy Arrests Near 8,000 As Wall Street Eludes Prosecution

Here's a fact that may make your blood boil: Nearly 8,000 Occupy Wall Street protesters have been arrested in association with the activist movement, while not one banker has been prosecuted for the actions that lead up to the country's financial meltdown.
Here's a fact that may make your blood boil: Nearly 8,000 Occupy Wall Street protesters have been arrested in...

Publisher: NYTimes

Author:

4 Apr 2013

Vast Hidden Wealth Revealed in Leaked Records

An enormous leak of confidential financial records has revealed the identities of thousands of wealthy depositors - including European officials and corporate executives, Asian dictators and their children, and even American doctors and dentists - who have stashed immense amounts of money in offshore tax havens.
An enormous leak of confidential financial records has revealed the identities of thousands of wealthy depositors -...

Publisher: The Washington Post

Author:

13 Jun 2012

Secret money fuels the 2012 elections

For those who believe money already has too much power in U.S. politics, 2012 will be a miserable year. The Supreme Court s Citizens United decision, lassitude at the Federal Election Commission and the growing audacity of very rich conservatives have created a new political system that will make the politics of the Gilded Age look like a clean government paradise.
For those who believe money already has too much power in U.S. politics, 2012 will be a miserable year. The Supreme...

Publisher: The Guardian

Author:

24 Apr 2012

Occupy Wall Street- What is tobe done next?

In a San Francisco echo of the OWS movement on 16 October 2011, a guy addressed the crowd with an invitation to participate in it as if it were a happening in the hippy style of the 1960s: "They are asking us what is our program. We have no program. We are here to have a good time." Such statements display one of the great dangers the protesters are facing: the danger that they will fall in love with themselves, with the nice time they are having in the "occupied" places.
In a San Francisco echo of the OWS movement on 16 October 2011, a guy addressed the crowd with an invitation to...
10 Apr 2012

Strenthening the 99%

In 1973, a small but powerful group of right-wing state legislators and activists met in Chicago. They gathered to form an organization for those who believe that government, in their words, ought to be limited and closest to the people.- And since, thanks to Chief Justice John Roberts and Mitt Romney, we know that corporations are, in fact, people, it makes sense that Exxon Mobil, Wal-Mart and Koch Industries are among the funders of this secretive and influential group, the American Legislative Exchange Council, known by its sweet-sounding acronym ALEC.
In 1973, a small but powerful group of right-wing state legislators and activists met in Chicago. They gathered to form...

Publisher: Global Research

Author:

1 Apr 2012

Ten Myths About Capitalism

Capitalism in the neoliberal version has exhausted itself. Financial sharks do not want to lose profits, and shift the main burden of debt to the retirees and the poor. A ghost of the "European Spring" is haunting the Old World and the opponents of capitalism explain people how their lives are being destroyed. This is the topic of the article of a Portuguese economist Guilherme Alves Coelho.
Capitalism in the neoliberal version has exhausted itself. Financial sharks do not want to lose profits, and shift the...

Publisher: Courthouse News Service

Author:

28 Mar 2012

Feds Say WikiLeaks, Press and More Are Safe Under NDAA

Supporters of WikiLeaks, Occupy Wall Street and muckraking journalism will not be swept up under the 2011 National Defense Authorization Act, government lawyers told the federal judge poised to scale that law back. On Thursday morning, U.S. District Judge Katherine Forrest will hear arguments for a preliminary injunction against certain provisions of the NDAA, which became law on New Year's Eve. Weeks after President Barack Obama signed the law, Pulitzer Prize-winning journalist Chris Hedges filed a lawsuit against its so-called "Homeland Battlefield" provisions, which he believes allow for the indefinite detention of journalists who report the views of groups the U.S. government considers terrorists.
Supporters of WikiLeaks, Occupy Wall Street and muckraking journalism will not be swept up under the 2011 National...

Publisher: Gawker

Author:

27 Mar 2012

Occupy Wall Street and MoveOn Go Together Like Woodstock and 1999

Occupy's vagueness demands that politicians and commentators approach it and engage it. They have to move left and ask if that's enough. As soon as the movement is distilled to 10 targeted pieces of legislation with three-point action plans for each law, though, every Democrat on Capitol Hill can roll his eyes, go down the list saying, "Yes, no, hell no, yep, doable..." etc., immediately calculating which ideas can be gutted and sold out, which can get him reelected and which he can safely ignore.
Occupy's vagueness demands that politicians and commentators approach it and engage it. They have to move left and ask...

Publisher: Gawker

Author:

27 Mar 2012

Occupy Wall Street and MoveOn Go Together Like Woodstock and 1999

Occupy's vagueness demands that politicians and commentators approach it and engage it. They have to move left and ask if that's enough. As soon as the movement is distilled to 10 targeted pieces of legislation with three-point action plans for each law, though, every Democrat on Capitol Hill can roll his eyes, go down the list saying, "Yes, no, hell no, yep, doable..." etc., immediately calculating which ideas can be gutted and sold out, which can get him reelected and which he can safely ignore.
Occupy's vagueness demands that politicians and commentators approach it and engage it. They have to move left and ask...

Publisher: Boing Boing

Author:

12 Mar 2012

Another Occupy Wall Street activist’s Twitter account subpoenaed

Just one month ago, the Manhattan District Attorney's office subpoenaed the Twitter account of Occupy Wall Street participant Malcolm Harris, aka @destructuremal. Today, Jeff Rae received word of the same. He has published a copy of a notice he received from Twitter, which was accompanied by a copy of the DA's subpoena.
Just one month ago, the Manhattan District Attorney's office subpoenaed the Twitter account of Occupy Wall Street...

Publisher: thepoliticalforum.com

Author:

2 Mar 2012

Forum Post Outlawing the Occupy Movement H.R. 347 Makes Free Speech A Felony

At 7:03pm ET on Tuesday, 28 February 2012, our 112th Congress violated the First Amendment to the constitution by voting 399 to 3 in favor of H.R. 347, a bill which breezed through the Senate with unanimous consent and now lacks only corporate fascist puppet President Barack Obama's signature to become law. The three patriots who voted Nay were Paul Broun (R-GA-10), Justin Amash (R-MI-3) and Ron Paul (R-TX-14).
At 7:03pm ET on Tuesday, 28 February 2012, our 112th Congress violated the First Amendment to the constitution by voting...

Publisher: Common Dreams

Author:

28 Feb 2012

Monsanto Wins Lawsuit While Food Justice Advocates ‘Occupy’ Food System

On a day that 'Occupy' groups, environmental and food justice organizations have called for a global day of action to resist corporate control of the food system, news comes that a federal judge has ruled in favor of seed giant Monsanto Co. in a lawsuit filed on behalf of 60 family farmers, seed businesses and organic agricultural organizations challenging the company's seed patents.
On a day that 'Occupy' groups, environmental and food justice organizations have called for a global day of action to...
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9 Feb 2012

Why Wall Street Should Stop Whining

Everybody on Wall Street is talking about the new piece by New York magazine s Gabriel Sherman, entitled "The End of Wall Street as They Knew It." The article argues that Barack Obama killed everything that was joyful about the banking industry through his suffocating Dodd-Frank reform bill, which forced banks to strip themselves of "the pistons that powered their profits: leverage and proprietary trading."
Everybody on Wall Street is talking about the new piece by New York magazine s Gabriel Sherman, entitled "The End of...
1 Feb 2012

The Republican Establishment’s Strategic Blunder

The overriding interest of the Republican Establishment has been and continues to be: the accumulation of power through the control of the income, borrowing and spending by the Federal Government. Thus, with the exception of the presidency of Ronald Reagan and the Republican controlled House of Representatives from 1995 to 1999, the Republican members of the Ruling Class have been content since 1952 to merely slow down the big-government policies of the Democrats while publicly decrying their tax and spend policies.
The overriding interest of the Republican Establishment has been and continues to be: the accumulation of power through...

Publisher: Al Jazeera

Author:

28 Jan 2012

Shale-shocked Fracking gets its own Occupy movement

This is a story about water, the land surrounding it, and the lives it sustains. Clean water should be a right: There is no life without it. New York is what you might call a "water state". Its rivers and their tributaries only start with the St Lawrence, the Hudson, the Delaware, and the Susquehanna. The best known of its lakes are Great Lakes Erie and Ontario, Lake George, and the Finger Lakes. Its brooks, creeks, and trout streams are fishermen's lore.
This is a story about water, the land surrounding it, and the lives it sustains. Clean water should be a right: There is...
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Publisher: Reuters

Author:

27 Jan 2012

Why Davos is ignoring Occupy

If you're Europe, and your struggling people are called "Greeks", and your rich people are called "Germans", then the World Economic Forum will spend pretty much limitless amounts of time and effort on attempts to understand the dynamics between the two and (doomed) plans to try to prevent it from turning into a fully-blown crisis. On the other hand, if you're a country - the USA, say - and your struggling people call themselves "the 99%" while your rich people are called "Davos delegates", then your fundamental asymmetries will be studiously ignored - and, indeed, encouraged.
If you're Europe, and your struggling people are called "Greeks", and your rich people are called "Germans", then the...

Publisher: Common Dreams

Author:

26 Jan 2012

We’re #47! After Occupy Journalist Arrests, US Plummets in Global Press Freedom Rankings

Reporters Without Borders has released its annual World Press Freedom Index and the United States fell 27 points to No. 47 on the list. Why? "more than 25 [reporters] were subjected to arrests and beatings at the hands of police" during Occupy movement protests
Reporters Without Borders has released its annual World Press Freedom Index and the United States fell 27 points to No....

Publisher: salon.com

Author:

25 Jan 2012

The Wall Streeters Obama loves most

We've already made our choice for the best headline of the year, so far: "Citigroup Replaces JPMorgan as White House Chief of Staff." When we saw it on the website Gawker.com we had to smile" but the smile didn't last long. There's simply too much truth in that headline; it says a lot about how Wall Street and Washington have colluded to create the winner-take-all economy that rewards the very few at the expense of everyone else.
We've already made our choice for the best headline of the year, so far: "Citigroup Replaces JPMorgan as White House...

Publisher: truth-out.org

Author:

24 Jan 2012

Occupy Innovation: Neither the Military Nor the Market Does (Occupy Wall Street/OccupyWallStreet/Issues)

The study, titled "The US Employment Effects of Military and Domestic Spending Priorities," calculates the number of jobs created by a set amount of military spending, and then contrasts that with what the exact same amount would do when invested in four non-military alternatives: tax cuts for personal consumption, clean energy and efficiency, health care and public education. The differences are staggering. PERI found that $1 billion in military spending produced 11,200 jobs, which sounds impressive until it is placed next to the alternatives. Tax cuts, no reputable economist's favorite way to create jobs, still outpaced military spending - $1 billion in tax cuts would create an estimated 15,100 jobs. But even that looks weak when compared with more direct government investment in crucial alternative sectors. A billion dollars spent on clean energy and improved efficiency would result in 16,800 new jobs. The same amount in the health care sector would mean 17,200 jobs. And $1 billion of government investment in education would create 26,700 jobs - well over twice the jobs created by the same amount spent on the military.
The study, titled "The US Employment Effects of Military and Domestic Spending Priorities," calculates the number of...

Publisher: nytimes.com

Author:

22 Jan 2012

How the U.S. Lost Out on iPhone Work

Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas. Why can't that work come home? Mr. Obama asked. Mr. Jobs s reply was unambiguous. "Those jobs aren't coming back," he said, according to another dinner guest. The president s question touched upon a central conviction at Apple. It isn t just that workers are cheaper abroad. Rather, Apple's executives believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that "Made in the U.S.A." is no longer a viable option for most Apple products.
Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million...

Publisher: The Nation

Author:

21 Jan 2012

Two-year anniversary of Citizens United

Keith and Josh Harkinson, staff reporter at Mother Jones, discuss today s Occupy protests at courthouses in more than 100 cities - and what it would take to pass a constitutional amendment to overturn Citizens United.
Keith and Josh Harkinson, staff reporter at Mother Jones, discuss today s Occupy protests at courthouses in more than...

Publisher: Yahoo! Finance

Author:

18 Jan 2012

Capitalism In Crisis: Do Either Dems or the GOP Have a Solution

"America worships the idea of capitalism but there have been many fundamental paradoxes and contradictions in terms of how it's actually practiced," says Gillian Tett, U.S. managing editor of The Financial Times. The 2008 crisis "has forced us to rethink a lot of our assumptions, not just about Wall Street but much more broadly about how we run the economies."
"America worships the idea of capitalism but there have been many fundamental paradoxes and contradictions in terms of...

Publisher: Salon.com

Author:

18 Jan 2012

Capitalism’s real risk-takers – 2012 Elections

Mitt Romney is casting the 2012 campaign as "free enterprise on trial" - defining free enterprise as achieving success through hard work and risking-taking. Tea Party favorite Sen. Jim DeMint of South Carolina says he s supporting Romney because "we really need someone who understands how risk, taking risk" is the way we create jobs, create choices, expand freedom." Chamber of Commerce President Tom Donahue, defending Romney, explains "this economy is about risk. If you don t take risk, you can't have success."
Mitt Romney is casting the 2012 campaign as "free enterprise on trial" - defining free enterprise as achieving...

Publisher: Economy Watch

Author:

13 Jan 2012

Coming Soon to a Bank Near You – The End Of Free Consumer Banking

Many of us are familiar with the basic services that banks provide. In simple, straightforward cases, banks keep our money and pay an interest on it, while providing the convenience of cash withdrawals along their network of ATMs. But are consumers benefitting from their banks, or are they really ripped off by hidden bank charges?
Many of us are familiar with the basic services that banks provide. In simple, straightforward cases, banks keep our...
13 Jan 2012

Occupy Wall Street What’s next

Personally, I think the greatest possibility lies in bringing together the ecological crisis and the economic crisis. I see climate change as the ultimate expression of the violence of capitalism: this economic model that fetishizes greed above all else is not just making lives miserable in the short term, it is on the road to making the planet uninhabitable in the medium term.
Personally, I think the greatest possibility lies in bringing together the ecological crisis and the economic crisis. I...

Publisher: forbes.com

Author:

9 Jan 2012

Are One In Five American Children Hungry?

Childhood hunger is a nice, safe issue. No politician can be against hungry children, and we are told that the U.S. faces a child hunger problem of massive proportions. Advocacy groups repeat over and over that 16.2 million children (one in five) "struggle with hunger in the United States." Television appeals show dispirited children going to bed hungry.
Childhood hunger is a nice, safe issue. No politician can be against hungry children, and we are told that the U.S....

Publisher: Foreign Affairs

Author:

3 Jan 2012

Occupy Wall Street’s Focus is Wrong

If Occupiers are fed up with Wall Street they should have shined their spotlight on company executives who made millions when they decided to rip-off the American public. They should use public data to publish a Top Ten List. The spotlight should focus on the executives decisions, compensation, and the damage they did to their own clients and the American public.
If Occupiers are fed up with Wall Street they should have shined their spotlight on company executives who made millions...

Publisher: The Guardian

Author:

3 Jan 2012

Where next for Occupy Wall Street?

The openness and the inclusivity of the movement have also meant that the visions and the end goal of this movement are varied. Even fundamental questions about Wall Street and banking, which the movement has identified as the central problem, produce very different answers. Some would like to see legislations to regulate and reform banking, others would like to see alternative forms of community banking, while yet others would like to see the nationalisation or abolition of banking. Underlying such differences are larger questions about the people's relationship to state and private property. This is where the anarchists, Marxists, socialists, liberals and even some conservatives who constitute the movement are unlikely to arrive at a consensus, even if the movement claims to be built around consensus. In the years ahead, a deeper debate about the transformation of state and society including productive and social relations will have to emerge if the visions about another world floated in movement slogans are to move forward.
The openness and the inclusivity of the movement have also meant that the visions and the end goal of this movement are...

Publisher: Ethiopia Media Forum

Author:

30 Dec 2011

Ethiopia: Occupy Arat Kilo – We are the 99.6%

We are not 99 like here in America and UK but 99.6. It is also true an average Ethiopian makes a dollar /about 99.6 cent a day back home. The Club of 99.6 are almost all Ethiopians who go to bed empty stomach. The double digit growth "makers" are the 0.4 Club who took control of all Ethiopian resources and do as they wish with no accountability.
We are not 99 like here in America and UK but 99.6. It is also true an average Ethiopian makes a dollar /about 99.6 cent...

Publisher: washingtonpost.com

Author:

29 Dec 2011

A hidden world, growing beyond control

The top-secret world the government created in response to the terrorist attacks of Sept. 11, 2001, has become so large, so unwieldy and so secretive that no one knows how much money it costs, how many people it employs, how many programs exist within it or exactly how many agencies do the same work.
The top-secret world the government created in response to the terrorist attacks of Sept. 11, 2001, has become so large,...

Publisher: socialsecurityreform.org

Author:

27 Dec 2011

Social Security Reform Center

The exact timing of this crunch is less important than its inevitability. Whether Social Security begins to spend more on paying benefits than it receives in taxes in 2017 or 2018 or any other specific year means much less than what these deficits will mean to our economy. Our children may be faced with the choice of paying retirement benefits to their parents or paying for programs that help their own children. That future is coming, and no amount of wishful thinking will change that.
The exact timing of this crunch is less important than its inevitability. Whether Social Security begins to spend more...

Publisher:

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25 Dec 2011

Uniting Occupy and Labor Over Health Care

On a state-by-state basis, Medicaid - a program that provides health care to the poor - is being cut in virtually every state, where they are using their manufactured budget crises as an excuse. This under-funding of Medicaid has created a lack of doctors for patients, according to USA today:
On a state-by-state basis, Medicaid - a program that provides health care to the poor - is being cut in virtually every...

Publisher: Forbes

Author:

24 Dec 2011

Fixing The Nagging Problem Of Social Security

The first formal government-sponsored pension for retirees appeared in Germany in 1889. Workers who made it to age 70 were allowed to call it quits. This was lowered to age 65 in 1916. The German system was created at a time when the median life expectancy was roughly 42 years. Only a small percentage of the overall population made it to retirement age. So, it was not a huge actuarial bet to fund pensions for 65 year olds.
The first formal government-sponsored pension for retirees appeared in Germany in 1889. Workers who made it to age 70...

Publisher: huffingtonpost.com

Author:

24 Dec 2011

Occupy ICE: Growing Beyond Occupied Tents

So what does immigration have to do with Occupy Wall Street? Well, for starters, it's all about corporate greed. As a blogger for Project Economic Refugee, I've been yelling at the top of my lungs since 2007 about the urgent need to re-focus our national conversation on immigration. It has not been easy.
So what does immigration have to do with Occupy Wall Street? Well, for starters, it's all about corporate greed. As a...

Publisher: Crooks and Liars

Author:

23 Dec 2011

Occupy Makes the Local News Focus on Economic Issues

The reason that most Americans were unaware of these issues before the Occupy movement caught fire this fall is that 60 percent of us get our news exclusively from local news sources. Those 30-minute local news segments devote a full 10 minutes to commercials and two minutes to "teasers" of stories to come. That leaves very little time for real news about real issues. Dupuy says that newscasters too often fill the gap with trivial stories such as reports about "Dancing with the Stars" or news of a cat stuck in a tree in Germany.
The reason that most Americans were unaware of these issues before the Occupy movement caught fire this fall is that 60...

Publisher: washingtoninformer.com

Author:

23 Dec 2011

Occupy the Dream

The issue of income inequality in the United States demands our attention and social action. In particular in the African-American community, the economic inequities are so real and institutionalized; we are more and more aware of how the devastating impact of income inequality continues cause a downward spiral of the quality of life African-Americans and others who are entrapped in the deep mire of poverty, pain and hopelessness. The dream of The Reverend Dr. Martin Luther King Jr. is just as relevant today as we move into 2012 as it was back in 1963 at the March on Washington.
The issue of income inequality in the United States demands our attention and social action. In particular in the...

Publisher: OpEdNews

Author:

23 Dec 2011

Prosecuting Wall Street not possible, but prosecuting food stamp fraud is

Priorities, priorities. It's much easier to chase problems with the food stamp problem because that surely winds up the right wing crowd, who we know already loves Democrats and Obama. Everyone knows that there will always be fraud in any program but should this really take priority over the much more costly and significant problems on Wall Street?
Priorities, priorities. It's much easier to chase problems with the food stamp problem because that surely winds up the...

Publisher: OpEdNews

Author:

23 Dec 2011

Prosecuting Wall Street not possible, but prosecuting food stamp fraud is

Priorities, priorities. It's much easier to chase problems with the food stamp problem because that surely winds up the right wing crowd, who we know already loves Democrats and Obama. Everyone knows that there will always be fraud in any program but should this really take priority over the much more costly and significant problems on Wall Street?
Priorities, priorities. It's much easier to chase problems with the food stamp problem because that surely winds up the...

Publisher: medgadget.com

Author:

20 Dec 2011

Occupy…Medicine?

Indefinite detention, torture, Islamophobia, Guantanamo, the "war on terror". Ten years after 9/11 this remains the new normal that we live in, and there's nothing funny about it.But humor can be powerful -- so we at Amnesty International USA invite you to check out our new short video "Happy World Travel", featuring Dileep Rao (Avatar, Inception).
Indefinite detention, torture, Islamophobia, Guantanamo, the "war on terror". Ten years after 9/11 this remains the new...
19 Dec 2011

Occupy Highlights Authoritarian Behavior by Police

A funny thing happens when one uses the term police state to describe behavior by authorities in response to the Occupy protests. Very Serious Company turns pale and insists that the United States is not turning into a police state- at least not yet. America isn t North Korea or East Germany or Russia, for goodness sake, Very Serious Company continues. Police don t physically snatch journalists off the streets and murder them in back alleys, so no one has the right to label the United States a "police state."
A funny thing happens when one uses the term police state to describe behavior by authorities in response to the Occupy...

Publisher: News Junkie Post

Author:

18 Dec 2011

NDAA, Patriot Act, and DHS Welcome to the Police State of America!

President Obama, despite earlier promises to veto it, will sign the National Defense Authorization Act ( NDAA). The NDAA contains dangerous provisions concerning indefinite detention of suspects without trial, and is yet another tool of "legal" repression with the Patriot Act and the omnipresent Department of Homeland Security (DHS) to crack down on basic human rights and civil liberties. It takes the United States away from the rule of law, and a step further towards a fascist system where order and repression is the number one priority.
President Obama, despite earlier promises to veto it, will sign the National Defense Authorization Act ( NDAA). The NDAA...
18 Dec 2011

Occupy the Food System

From seed to plate, our food system is now even more concentrated than our banking system. Most economic sectors have concentration ratios hovering around 40 percent, meaning that the top four firms in the industry control 40 percent of the market. Anything beyond this level is considered "highly concentrated," where experts believe competition is severely threatened and market abuses are likely to occur.
From seed to plate, our food system is now even more concentrated than our banking system. Most economic sectors have...

Publisher: motherjones.com

Author:

17 Dec 2011

The Problem With Means Testing Social Security Mother Jones

One of the first things you learn in Means-Tested Welfare Economics 101 is that means-tested welfare programs produce enormous marginal tax rates. Say you have a $5,000 benefit that's available only to people making less than $10,000. If you have market income of $9,000, this means you have total income of $14,000. But if you have market income of $11,000 you have total income of $11,000. You're essentially paying a marginal tax rate of over 100%.
One of the first things you learn in Means-Tested Welfare Economics 101 is that means-tested welfare programs produce...
10 Dec 2011

Andrew Cuomo and the Spirit of Occupy

Cuomo has cited the state's worsening fiscal situation as the reason for the change of heart on his new tax policy, and no doubt that played a part. But the deeper reason, and the more interesting reason, was Occupy. As the WFP's Dan Cantor wrote recently, and as many others have likewise noted, the Occupy movement changed the conversation in America "from austerity to inequality." And this new tax deal in Albany, which will manifestly improve the lives of many working and poor people, is a result of that changed conversation and atmosphere.
Cuomo has cited the state's worsening fiscal situation as the reason for the change of heart on his new tax policy, and...

Publisher: Democratic Underground

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10 Dec 2011

Occupy Wall Street Banned From Democratic National Convention

Charlotte, North Carolina, the host city for the Democratic National Convention next year to renominate President Obama, has announced that it will not tolerate planned Occupy Wall Street demonstrations. Rather, the city council enacted a series of restrictions on the allowed locations in which protesters can demonstrate and the outright ban on overnight stays.
Charlotte, North Carolina, the host city for the Democratic National Convention next year to renominate President Obama,...
10 Dec 2011

Time to Occupy the Internet Before It’s Too Late

There's a bizarre irony in the fact that we're so absorbed and immersed in an online universe, we're not really paying attention to the slow but steady corporate takeover of the very thing that's the center of our nearly constant attention. There's a cold war of attrition being fought for the right to own the Internet, its content and its technology, and you're losing.
There's a bizarre irony in the fact that we're so absorbed and immersed in an online universe, we're not really paying...

Publisher: RealClearPolitics

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8 Dec 2011

Michael Moore” Wall Street Has Their Man And His Name Is Barack Obama

Well, "The Washington post" three weeks ago had this investigation and they said that President Obama has now raised more money from Wall Street and the banks for this election cycle than all -- than all eight Republicans combined. I don't want to say that, because if that's the truth, that Wall Street already has their man and his name is Barack Obama, then we've got a much bigger problem.
Well, "The Washington post" three weeks ago had this investigation and they said that President Obama has now raised...

Publisher: ProPublica

Author:

4 Dec 2011

Presidential Pardons Heavily Favor Whites

White criminals seeking presidential pardons over the past decade have been nearly four times as likely to succeed as minorities, a ProPublica examination has found. Blacks have had the poorest chance of receiving the president's ultimate act of mercy, according to an analysis of previously unreleased records and related data [3].
White criminals seeking presidential pardons over the past decade have been nearly four times as likely to succeed as...
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Publisher: businessinsider.com

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3 Dec 2011

Restoring Capitalism: Occupy Homes Shines A Light on Our Great Failure

In a recent article, Salon reported that the Occupy movement is planning to begin a nationwide action protesting the foreclosure crisis, called Occupy Our Homes. Whatever your views of the movement itself, they are casting a bright light on the place where capitalism, our democracy, and our society have all failed: the housing crisis. The financial crisis effectively started with the housing crisis, and it will not end until we find a way to resolve the housing crisis.
In a recent article, Salon reported that the Occupy movement is planning to begin a nationwide action protesting the...

Publisher: phillyburbs.com

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2 Dec 2011

Like many before, tea party on the wrong side of history

They have always been with us. During the Revolutionary War, they supported the British. In the early 1800s, they supported slavery and the "Southern cause." They supported the ill-advised Kansas-Nebraska Act. During the Civil War, they backed the secessionists. After the war, they opposed all efforts to assist the newly freed slaves. During the late 1800s, they were unmoved by massive corruption in government and opposed civil service reform and free trade.
They have always been with us. During the Revolutionary War, they supported the British. In the early 1800s, they...
1 Dec 2011

A Banker Speaks, With Regret

If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and other bankers are mostly responsible for the country's housing mess.
If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like...

Publisher: AlterNet

Author:

1 Dec 2011

Thanks to Nurses Union and Occupy Wall Street, Pressure for Wall Street Speculation Tax Grows

Calls for the financial transaction tax have only been getting louder and stronger in recent weeks and months. The passion stoked by the Occupy Wall Street movement has brought the nation's and the world's eyes back to the big banks and the bankers who crashed the global economy with their "sophisticated" financial instruments and rapid-fire trading of mortgages and anything else that could be packaged into a security and sold, many times over, each time at a profit.
Calls for the financial transaction tax have only been getting louder and stronger in recent weeks and months. The...

Publisher: Bloomberg

Author:

30 Nov 2011

How Paulson Gave Hedge Funds Advance Word

Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co. (JPM)
Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital...
29 Nov 2011

From the 99% to the 1% Osborne bails out the energy fat cats

The chancellor is showering yet more taxpayers' money on energy-intensive mega-businesses, who create just 1% of GDP. Worse, those businesses already crippled and then profited from the very carbon taxes they attack
The chancellor is showering yet more taxpayers' money on energy-intensive mega-businesses, who create just 1% of GDP....

Publisher: Salon.com

Author:

27 Nov 2011

Conservatives dominate religious advocacy in D.C.

A Pew study released this week shows that the growing number of religious advocacy groups in Washington spent nearly $400 million last year to influence public policy. The groups are ideologically diverse, but data collected by Pew shows that conservative groups tend to have the biggest budgets:
A Pew study released this week shows that the growing number of religious advocacy groups in Washington spent nearly...

Publisher: Salon.com

Author:

26 Nov 2011

Kill the zombie banks!

The biggest fear that politicians and regulators have when a bank nears death is the possibility of contagion that the collapse will spook investors, depositors, and the public in general, causing a run on other banks. So the initial knee-jerk reaction by the authorities is to prevent the fall. Of course, not every failing lender is saved. Small banks around the world get taken over by authorities and wound down all the time; the FDIC in the United States has been seizing one or two every week since the crisis started.
The biggest fear that politicians and regulators have when a bank nears death is the possibility of contagion that the...
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22 Nov 2011

Hannah a Syrian American’s experience with racial profiling and the NYPD – Arrests on Brooklyn Bridge

If you think the Occupy Wall Street movement is simply about fighting economic disparity in this country, you're not getting to the heart of the issue. To me, this has become a civil rights issue. This is a demand to be treated as more than just "bodies", but as citizens who have a right to speak out against wrongdoing - whether it is on Wall Street, in banks all over the country, in the government, on college campuses, or, for me, in jail being treated like a threat because of my ethnicity and religion.
If you think the Occupy Wall Street movement is simply about fighting economic disparity in this country, you're not...

Publisher: 680News

Author:

22 Nov 2011

Media, journalist groups protest police handling of reporters covering Occupy Wall Street

Media organizations on Monday sent letters to city officials complaining about the police handling of journalists covering the Occupy Wall Street protests and called for meetings to address their concerns. They said New York police blocked journalists from seeing when authorities cleared out the Occupy camp in lower Manhattan's Zuccotti Park last week and said police officers used force and arrested some journalists as they were trying to do their jobs.
Media organizations on Monday sent letters to city officials complaining about the police handling of journalists...

Publisher: Daily Kos

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22 Nov 2011

New public study: Watching Fox News makes you dumber

A new Fairleigh Dickinson PublicMind Poll finds that the Sunday morning political shows on television "do the most to help people learn about current events, while some outlets, especially Fox News, lead people to be even less informed than those who they don't watch any news at all."
A new Fairleigh Dickinson PublicMind Poll finds that the Sunday morning political shows on television "do the most to...

Publisher: DCentric

Author:

22 Nov 2011

Occupy Movement and Race

During my time spent at Occupy K Street and Occupy Wall Street, I was disgusted by the amount of white protesters who happily waved signs likening student loan debt to slavery, with seemingly no thought to how the co-option of slavery rhetoric might look to black protesters. While being in debt is undeniably unpleasant, to compare it to the literal enslavement of millions of Africans is ridiculous. This is the kind of racial obliviousness that will alienate black and brown folks who might otherwise be sympathetic to the overall message of the protests.
During my time spent at Occupy K Street and Occupy Wall Street, I was disgusted by the amount of white protesters who...
22 Nov 2011

Pepper-Spraying Occupy: An Assault on Our Democracy

All across the country -- most recently on the campus of UC Davis -- a war is being waged. This isn't a battle over parks and tents and sleeping bags. Though many of our leaders don't seem to realize it, this is a battle about their credibility -- even their legitimacy -- about how they represent us, about whom their real allegiance is to. Their misguided response to the Occupy protests has actually proved the point of the protesters more than any sign or chant could. Sure, you can clear the protesters out from this or that park in the middle of the night, or send in riot-geared police to clear a campus sidewalk, but that doesn't mean you've won. Quite the opposite. As James Fallows writes, "what is going on is a war of ideas, based in turn on moral standing."
All across the country -- most recently on the campus of UC Davis -- a war is being waged. This isn't a battle over...

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20 Nov 2011

Our Fascist is better than your Fascist!

Every day when a U.S. Senator gets up out of bed I've been told, that said Senator has to raise 20,000 dollars somehow, someway for his or hers campaign! Is it any wonder we have a corrupt Congress indebted to the real power base that is Corporations. Benito Mussolini coined the word Fascism when Corporations merge with Government. Thats exactly what we've got, corporate controlled Republicans and Democrats.
Every day when a U.S. Senator gets up out of bed I've been told, that said Senator has to raise 20,000 dollars somehow,...

Publisher: Forbes

Author:

18 Nov 2011

Capitalism At A Tipping Point

When I studied business in the early 1960s at Columbia University, the concept of a successful and highly regarded corporation was one that balanced maximizing profits with keeping its many constituencies content - and by constituencies I mean the shareholders, who own the company, the employees who make it go, the customers that buy the products - and last but not least - the community that supports the company and in return gets help and contributions to remain vital.
When I studied business in the early 1960s at Columbia University, the concept of a successful and highly regarded...

Publisher: The Nation

Author:

18 Nov 2011

Targeting Media Who Cover OWS

New York Mayor Michael Bloomberg said authorities kept the media away "to prevent a situation from getting worse and to protect members of the press." But according to the New York Times, one journalist told a police officer "I'm press!" and the officer just responded "Not tonight."
New York Mayor Michael Bloomberg said authorities kept the media away "to prevent a situation from getting worse and to...

Publisher: Guernica

Author:

17 Nov 2011

Occupiers Occupied

The Supreme Court's rulings that money is speech and corporations are people have now opened the floodgates to unlimited (and often secret) political contributions from millionaires and billionaires. Consider the Koch brothers (worth $25 billion each), who are bankrolling the Tea Party and already running millions of dollars worth of ads against Democrats.
The Supreme Court's rulings that money is speech and corporations are people have now opened the floodgates to unlimited...

Publisher: The Washington Post

Author:

17 Nov 2011

Occupy Wall Street and the high cost of the technology revolution

First, the bad news: If you haven t guessed it already, the technology revolution is contributing to the rapidly growing income disparity between the haves and the have-nots. So, if you re a member of the Occupy Wall Street crowd, you may have good reason to shake your fist at your Facebook page, iPad or GMail account, all of which were created by people well ensconced among the very top of the 1 percent of high-income earners.
First, the bad news: If you haven t guessed it already, the technology revolution is contributing to the rapidly growing...

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16 Nov 2011

American’s forego college education becuase prices are too high

It's clear more and more American students are choosing to forego their college education because they can no longer afford it. Still, others graduate with insurmountable amounts of college debt. Yet, tuition costs keep rising, financial aid continues to be cut or reduced in most state and federalbudget proposals and the quality of education continues plunge.
It's clear more and more American students are choosing to forego their college education because they can no longer...
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Publisher: Al Jazeera English

Author:

15 Nov 2011

The war against the poor in America

We've been at war for decades now - not just in Afghanistan or Iraq, but right here at home. Domestically, it's been a war against the poor, but if you hadn't noticed, that's not surprising. You wouldn't often have found the casualty figures from this particular conflict in your local newspaper or on the nightly TV news. Devastating as it's been, the war against the poor has gone largely unnoticed - until now.
We've been at war for decades now - not just in Afghanistan or Iraq, but right here at home. Domestically, it's been a...
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14 Nov 2011

Financial regulation remains weak

Even as the Occupy Wall Street movement begins to stall, the reasons to protest abuses in the financial industry continue to accumulate, beginning with the spectacular, $41-billion collapse of Jon Corzine s MF Global Holdings in October.
Even as the Occupy Wall Street movement begins to stall, the reasons to protest abuses in the financial industry...

Publisher: Chicago Tribune

Author:

13 Nov 2011

Double-dipping labor leaders eligible for union pensions on top of city pensions

At least eight Chicago labor leaders who are eligible for inflated city pensions also stand to receive union pensions covering the same work period, thanks to a charitable interpretation of state law by officials representing two city pension funds, a Tribune/WGN-TV investigation has found.
At least eight Chicago labor leaders who are eligible for inflated city pensions also stand to receive union pensions...
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