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thinkahol *

Occupy Wall Street: Michael Moore connects the federal government to encampment raids -... - 0 views

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    Keith and filmmaker and activist Michael Moore discuss the early-morning raid on New York's Occupy Wall Street encampment in Zuccotti Park. Noting that the movement will be revitalized by the setback, Moore also stresses that the federal government has been involved with coordinating the strategy and tactics of the raids that took place across the country over the past 48 hours: "This is not some coincidence. This was planned and I think the question really has to be asked of the federal government and of the Obama administration. Why? Why? Why are you participating in this against a non-violent mass movement of people who are upset at what Wall Street and the banks have done to their lives?"
thinkahol *

Occupy Wall Street: Washington Still Doesn't Get It | Matt Taibbi | Rolling Stone - 0 views

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    I'll have more coming out about this in a few days, but there have been two disgusting developments in the realm of plutocratic intervention on behalf of Wall Street that everyone protesting should take note of. The fact that both of the following things took place in the middle of the full fever of OWS, when everyone is supposedly trying to placate anti-banker sentiment and Obama and the DCCC are supposedly pledging support of the protesters, shows how completely bankrupt this system is and how necessary street-level protests have become. Popular uprising is probably the only move left to stop developments like the following:
thinkahol *

Why Isn't Wall Street in Jail? - 0 views

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    Which is not to say that the Obama era has meant an end to law enforcement. On the contrary: In the past few years, the administration has allocated massive amounts of federal resources to catching wrongdoers - of a certain type. Last year, the government deported 393,000 people, at a cost of $5 billion. Since 2007, felony immigration prosecutions along the Mexican border have surged 77 percent; nonfelony prosecutions by 259 percent. In Ohio last month, a single mother was caught lying about where she lived to put her kids into a better school district; the judge in the case tried to sentence her to 10 days in jail for fraud, declaring that letting her go free would "demean the seriousness" of the offenses. So there you have it. Illegal immigrants: 393,000. Lying moms: one. Bankers: zero. The math makes sense only because the politics are so obvious. You want to win elections, you bang on the jailable class. You build prisons and fill them with people for selling dime bags and stealing CD players. But for stealing a billion dollars? For fraud that puts a million people into foreclosure? Pass. It's not a crime. Prison is too harsh. Get them to say they're sorry, and move on. Oh, wait - let's not even make them say they're sorry. That's too mean; let's just give them a piece of paper with a government stamp on it, officially clearing them of the need to apologize, and make them pay a fine instead. But don't make them pay it out of their own pockets, and don't ask them to give back the money they stole. In fact, let them profit from their collective crimes, to the tune of a record $135 billion in pay and benefits last year. What's next? Taxpayer-funded massages for every Wall Street executive guilty of fraud?
thinkahol *

Occupy Wall Street: The Most Important Thing in the World Now | Naomi Klein - 0 views

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    I was honored to be invited to speak at Occupy Wall Street on Thursday night. Since amplification is (disgracefully) banned, and everything I said had to be repeated by hundreds of people so others could hear (a.k.a. "the human microphone"), what I actually said at Liberty Plaza had to be very short. With that in mind, here is the longer, uncut version of the speech.
thinkahol *

Protesters Against Wall Street - NYTimes.com - 0 views

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    As the Occupy Wall Street protests spread from Lower Manhattan to Washington and other cities, the chattering classes keep complaining that the marchers lack a clear message and specific policy prescriptions. The message - and the solutions - should be obvious to anyone who has been paying attention since the economy went into a recession that continues to sock the middle class while the rich have recovered and prospered. The problem is that no one in Washington has been listening.
thinkahol *

OWS's Beef: Wall Street Isn't Winning It's Cheating | Matt Taibbi | Rolling Stone - 0 views

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    When Joe Homeowner bought too much house, essentially betting that home prices would go up, and losing his bet when they dropped, he was an irresponsible putz who shouldn't whine about being put on the street. But when banks bet billions on a firm like AIG that was heavily invested in mortgages, they were making the same bet that Joe Homeowner made, leaving themselves hugely exposed to a sudden drop in home prices. But instead of being asked to "suck it in and cope" when that bet failed, the banks instead went straight to Washington for a bailout -- and got it.
thinkahol *

Messages from the Occupy Wall Street Protest - YouTube - 0 views

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    Occupy Wall Street: The Beginning Joe Rogan on Occupy Wallstreet:http://www.youtube.com/watch?v=DjMcDXGkR8I Network -- Corporate Cosmology:http://www.youtube.com/watch?v=BqEcLlp_Big THE CORPORATION [1/23] What is a Corporation?:http://www.youtube.com/watch?v=Pin8fbdGV9Y What CNN doesn't want you see ever again:http://www.youtube.com/watch?v=E_2aTzC_4kY Poll: Americans Distrust Governmenthttp://www.youtube.com/watch?v=ylEEnEp0Lbg Elizabeth Warren: Death of the Middle Classhttp://www.youtube.com/watch?v=PBf70qX1sBw Dylan Ratigan (rightfully) loses it on air:http://www.youtube.com/watch?v=gIcqb9hHQ3E GREEN WAR:http://www.youtube.com/watch?v=BQ864ucbR_4 Network - Mad as hellhttp://www.youtube.com/watch?v=90ELleCQvew In the House, In a Heartbeat - John Murphy:http://www.youtube.com/watch?v=ST2H8FWDvEACategory:News & Politics
thinkahol *

Wall Street Is Laundering Drug Money and Getting Away with It | News & Politics | AlterNet - 0 views

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    Wall Street has been caught laundering massive amounts of drug money. So why isn't anybody being punished?
thinkahol *

Record profits and record unemployment: Nothing's trickling down - CSMonitor.com - 0 views

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    The Big Money economy is booming. According to a new Commerce Department report, third-quarter profits of American businesses rose at an annual record-breaking $1.659 trillion - besting even the boom year of 2006 (in nominal dollars). Profits have soared for seven consecutive quarters now, matching or beating their fastest pace in history. Executive pay is linked to profits, so top pay is soaring as well. Higher profits are also translating into the nice gains in the stock market, which is a boon to everyone with lots of financial assets. And Wall Street is back. Bonuses on the Street are expected to rise about 5 percent this year, according to a survey by compensation consultants Johnson Associates Inc. But nothing is trickling down to the Average Worker economy. Job growth is still anemic. At October's rate of only 50,000 new private-sector jobs, unemployment won't get down to pre-recession levels for twenty years. And almost half of October's new jobs were in temporary help.
thinkahol *

The Wall Street Protests and America's Choice - James Allworth - Harvard Business Review - 0 views

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    The past few days have seen some very unusual events in New York. You might have heard that, over the weekend, a large contingent of folks started a protest on Wall Street. Using Twitter and other online tools, they started a large sit-in of the south end of Manhattan. The day before that, New York mayor Michael Bloomberg warned that frustrations over the U.S. economic and political situation could boil over into riots. The U.S. has seen its share of robust political protests in recent years, but this feels different. Something is emerging within America that has never happened before: the country has to choose between democracy and capitalism.
thinkahol *

Panic of the Plutocrats - NYTimes.com - 0 views

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    It remains to be seen whether the Occupy Wall Street protests will change America's direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent.
thinkahol *

From Tahrir Square to Times Square: Protests Erupt in Over 1,500 Cities Worldwide | Occ... - 0 views

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    Tens of Thousands Flood the Streets of Global Financial Centers, Capitol Cities and Small Towns to "Occupy Together" Against Wall Street Mid-Town Manhattan Jammed as Marches Converge in Times Square
thinkahol *

t r u t h o u t | Fail and Grow Rich on Wall Street - 0 views

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    Welcome to the brave new world of post-bailout capitalism. The Commerce Department announced Tuesday that corporate profits are at their highest level in U.S. history, and the Fed released minutes of an early November meeting in which officials predicted a stagnant economy and continued high unemployment.
thinkahol *

America's Tahrir Moment | Adbusters Culturejammer Headquarters - 0 views

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    On September 17, 20,000 people will swarm into lower Manhattan and occupy Wall Street. Last week Anonymous endorsed #OCCUPYWALLSTREET with a video that attracted over 60,000 views before being deleted by YouTube. The Department of Homeland Security has warned the nation's bankers to be prepared. Corporate owned media is taking notice. Today, Paul Farrell, columnist for the Dow Jones owned MarketWatch.com posted this rousing portrait of what may now unfold:
thinkahol *

Another Slap on the Wrist for Wall Street - 0 views

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    This is one of the best examples we've had yet of the profound difference in the style of criminal justice enforcement for the very rich and connected, versus the style of justice for everyone else. This scam that Chase, Bank of America and UBS were involved with was no different in any way, really, from old-school mafia-style bid-rigging scams.
thinkahol *

David Graeber: On Playing By The Rules - The Strange Success Of #OccupyWallSt... - 0 views

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    Just a few months ago, I wrote a piece for Adbusters that started with a conversation I'd had with an Egyptian activist friend named Dina: All these years," she said, "we've been organizing marches, rallies… And if only 45 people show up, you're depressed, if you get 300, you're happy. Then one day, 200,000 people show up. And you're incredulous: on some level, even though you didn't realize it, you'd given up thinking that you could actually win. As the Occupy Wall Street movement spreads across America, and even the world, I am suddenly beginning to understand a little of how she felt.
thinkahol *

Where Are the Women at Occupy Wall Street? Everywhere-and They're Not Going Away | The ... - 0 views

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    Marissa Holmes, a "structure" working group member who is one of the proponents of the "spokes council" proposal, writes in an email that she believes this new process, if adopted, would bolster the position of women and minorities in the movement by specifically permitting caucuses of traditionally marginalized groups as well as campers who are not in working groups to send representatives (or "spokes") to the council.
thinkahol *

Armed Chinese Troops in Texas! - YouTube - 0 views

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    NOTE: It is important to separate hunting down terrorists who attack our country and deserve justice (which Ron Paul is 100% for), and not confuse justice with occupying entire countries for a decade under the guise of the "War on Terror" or "Spreading Democracy". Terrorists are individuals and small groups, so why are we picking fights with entire nations? BILLIONS for Defense, NOT A PENNY for Empire. This speech is called "Imagine" and it was given by Ron Paul on March 11, 2009. The original text of the talk is below: Imagine for a moment that somewhere in the middle of Texas there was a large foreign military base, say Chinese or Russian. Imagine that thousands of armed foreign troops were constantly patrolling American streets in military vehicles. Imagine they were here under the auspices of "keeping us safe" or "promoting democracy" or "protecting their strategic interests." Imagine that they operated outside of US law, and that the Constitution did not apply to them. Imagine that every now and then they made mistakes or acted on bad information and accidentally killed or terrorized innocent Americans, including women and children, most of the time with little to no repercussions or consequences. Imagine that they set up checkpoints on our soil and routinely searched and ransacked entire neighborhoods of homes. Imagine if Americans were fearful of these foreign troops, and overwhelmingly thought America would be better off without their presence. Imagine if some Americans were so angry about them being in Texas that they actually joined together to fight them off, in defense of our soil and sovereignty, because leadership in government refused or were unable to do so. Imagine that those Americans were labeled terrorists or insurgents for their defensive actions, and routinely killed, or captured and tortured by the foreign troops on our land. Imagine that the occupiers' attitude was that if they just killed enough Americans, the resistance would stop, but inst
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