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thinkahol *

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

www.rollingstone.com/...n-still-doesnt-get-it-20111021

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

shared by thinkahol * on 23 Oct 11 - No Cached
  • thinkahol * on 23 Oct 11
     
    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 *

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

www.rollingstone.com/...-winning-its-cheating-20111025

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

shared by thinkahol * on 26 Oct 11 - No Cached
  • thinkahol * on 26 Oct 11
     
    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.
meheksharma

Can Donald Trump Buy US President position in $100 mn - 0 views

manageyourinvestment.blogspot.in/...ld-trump-buy-us-president.html

DONALD TRUMP INVEST HIS $100 MN FUND HILLARY CLINTON US PRESIDENTIAL ELECTION 2016

shared by meheksharma on 02 Nov 16 - No Cached
  • meheksharma on 02 Nov 16
     
    US presidential 2016 campaign is in full swing. All candidates are not leaving any stone Upturned to attract voters. In most recent poll Hillary Clinton is maintaining 5 percentage point lead over Donald Trump post Donald Trump disastrous presenting debate and string of accusation leveled by ladies.
Bakari Chavanu

Five Economic Reforms Millennials Should Be Fighting For | Politics News | Rolling Stone - 0 views

www.rollingstone.com/...hould-be-fighting-for-20140103

economics politics

shared by Bakari Chavanu on 04 Feb 14 - No Cached
  • Some economists have proposed running a job guarantee through the non-profit sector, which would make it even easier to suit the job to the worker. Imagine a world where people could contribute the skills that inspire them – teaching, tutoring, urban farming, cleaning up the environment, painting murals – rather than telemarketing or whatever other stupid tasks bosses need done to supplement their millions. Sounds nice, doesn't it?
    • Bakari Chavanu
      Bakari Chavanu on 04 Feb 14
       
      Jeremey Rifkin's The End of Work proposes this idea.
  • What if people didn't have to work to survive? Enter the jaw-droppingly simple idea of a universal basic income, in which the government would just add a sum sufficient for subsistence to everyone's bank account every month. A proposal along these lines has been gaining traction in Switzerland, and it's starting to get a lot of attention here, too.
  • A universal basic income would address this epidemic at the root and provide everyone, in the words of Duke professor Kathi Weeks, "time to cultivate new needs for pleasures, activities, senses, passions, affects, and socialities that exceed the options of working and saving, producing and accumulating."
  • ...7 more annotations...
  • Ever noticed how much landlords blow? They don't really do anything to earn their money. They just claim ownership of buildings and charge people who actually work for a living the majority of our incomes for the privilege of staying in boxes that these owners often didn't build and rarely if ever improve.
  • In a few years, my landlord will probably sell my building to another landlord and make off with the appreciated value of the land s/he also claims to own – which won't even get taxed, as long as s/he ploughs it right back into more real estate.
  •  Municipalities themselves can be big-time landowners, and groups can even create large-scale community land trusts so that the land is held in common. In any case, we have to stop letting rich people pretend they privately own what nature provided everyone.
  • Hoarders blow. Take, for instance, the infamous one percent, whose ownership of the capital stock of this country leads to such horrific inequality. "Capital stock" refers to two things here: the buildings and equipment that workers use to produce goods and services, and the stocks and bonds that represent ownership over the former. The top 10 percent's ownership of the means of production is represented by the fact that they control 80 percent of all financial assets.
    • Bakari Chavanu
      Bakari Chavanu on 04 Feb 14
       
      Defines capital stock
  • You know what else really blows? Wall Street. The whole point of a finance sector is supposed to be collecting the surplus that the whole economy has worked to produce, and channeling that surplus wealth toward its most socially valuable uses. It is difficult to overstate how completely awful our finance sector has been at accomplishing that basic goal. Let's try to change that by allowing state governments into the banking game.
  • There is only one state that currently has a public option for banking: North Dakota.
  • When North Dakotans pay state taxes, the money gets deposited in the state's bank, which in turn offers cheap loans to farmers, students and businesses. The Bank of North Dakota doesn't make seedy, destined-to-default loans, slice them up inscrutably and sell them on a secondary market.
peoples movement

Watch the Tortured Logic Video -- Torture Memos -- Oliver Stone, Philip Glass, Rosie Pe... - 0 views

www.aclu.org/torturedlogic

accountability torture memos

shared by peoples movement on 17 Aug 09 - Cached
  • peoples movement on 17 Aug 09
     
    Top secret Bush administration memos authorized torture ... They were never meant to be seen or heard by the public. Watch this video and demand a full criminal investigation.
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