The present economic crisis, however, has convinced even some prominent free-marketeers that something is gravely amiss. Truth be told, capitalism has yet to come to terms with several historical forces that cause it endless trouble: democracy, prosperity, and capitalism itself, the very entities that capitalist rulers claim to be fostering.
The Moment When the Police Lost the Occupy Portland Narrative | Blogtown, PDX - 0 views
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Well, it turned. The police bureau is starting to crack after six weeks of Occupy Portland. And one picture, right here, crystallizes the precise moment when it happened. During a choreographed effort to pull a few dozen protesters out of the Chase bank branch outside Pioneer Square, part of today's hundreds-strong N17 day of action, Portland police officers resorted to a decidedly more muscular show of force in a clash watched by TV cameras and rush-hour commuters earlier this evening. Suddenly all the fun-the dance parties, the union songs, the peaceful arrests earlier on the Steel Bridge and at Wells Fargo-was for naught. Tromping in with mounted officers, they pushed marchers who had gathered on the sidewalks along SW Yamhill into the street-forcing them to block MAX trains, something no one was doing until the heavily armored riot squad showed up-and then poked and, for the first time, pepper-sprayed the marchers. Significantly, some of the spraying came after protesters had clearly retreated to the opposite sidewalk. (In another odd shift, there also was no federal-court-required verbal PA warning that chemical munitions would be deployed-a hallmark of every other mass police action to date.) Meanwhile, at almost the very same moment, Police Chief Mike Reese was on TV blaming Occupy Portland for his officers' inability to respond to a rape victim for three hours today. Consider that tantamount to a declaration of war. Reese's point? Officers are tired and have been too distracted to do their main jobs: responding to actual crimes. It was an attempt to spin sentiment against the movement, which seems to be attracting adherents. Even the O today said the movement is "building momentum" and said the average age of some 34 arrestees earlier today was 50-not a bunch of young, anarchists/punks/hoodlums/hippies/road warriors etc. But that might come back to haunt him, judging by a wave of outrage on Twitter and elsewhere among those who noted that it
The White House and Big Business - 0 views
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.
Capitalism's Self-inflicted Apocalypse - 0 views
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Some eighty years ago Supreme Court Justice Louis Brandeis commented, “We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” Moneyed interests have been opponents not proponents of democracy.
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In the early days of the Republic the rich and well-born imposed property qualifications for voting and officeholding. They opposed the direct election of candidates (note, their Electoral College is still with us). And for decades they resisted extending the franchise to less favored groups such as propertyless working men, immigrants, racial minorities, and women.
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