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The loss of America's AAA credit score has sparked panicked sell-offs on global markets. Ratings giants have so far confirmed France's highest status, but investors remain unconvinced its finances are solid enough. Financial journalist Demitri Kofinas says it's not just the banks, but whole countries which are now struggling to make ends meet, with more public unrest on the cards.

The Money Party is a small group of enterprises and individuals who have most of the money in this country. They use that money to make more money. Controlling who gets elected to public office is the key to more money for them and less for us. As 2008 approaches, The Money Party is working hard to maintain its perfect record. It is not about Republicans versus Democrats. Right now, the Republicans do a better job taking money than the Democrats. But The Money Party is an equal opportunity employer. They have no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It's all good when you're on the take and the take is legal. This is not a conspiracy theory. There are no secret societies or sinister operators. This party is up front and in your face. Just follow the money. One percent of Americans hold 33% of the nation's wealth. The top 10% hold 72% of the total wealth. The bottom 40% of Americans control only 0.3% (three tenths of one percent). And that was before "pay day loans."

With an unprecedented sum of wealth held within the top one-tenth of one percent of the US population, we now have the most severe inequality of wealth in US history.

The Whole F**king Thing's Coming DownLYRICS BY PUNK PATRIOThttp://punkpatriot.blogspot.com/MUSICAL PERFORMANCE BY THE FRANK FACTORhttp://TheFrankFactor.comUsed with permission - creative commons attrib. remixhttp://october2011.org/ Hedge funds, derivatives, tea pot domewall street gambling, using your homecongress isn't gonna do a single fucking thingbecause their campaign contributions all come attached with stringsThe Democratic Party is a failing institutionwhat we need now is a real revolution But the whole fucking thing is coming downYeah the whole fucking thing is coming down The United States is a global empireCorporations, well they're fucking vampiressucking wealth from the poorcommitting wage theftHey, who will work for you when we've starved to death? But the whole fucking thing is coming downYeah the whole fucking thing is coming down I've got me full time J.O.B.but that doesn't mean I can afford to eatI've got student loans, but no degreeso I'm gonna die working at this J.O.B.No health insurance, we're all temporary hiresso if we get sick we'll just hurry up and die But the whole fucking thing is coming downYeah the whole fucking thing is coming down wages so low we can't afford the rentso we have to rely on the governmentbut the rich man doesn't want to pay his taxesso the social programs, they''re the first to get the axewe don't complain, we don't bitchthe only thing we've got left to eat is the rich But the whole fucking thing is coming downYeah the whole fucking thing is coming down Used with permission. Creative Commons attribution.Category:News & PoliticsTags:obama corporations criminals revolution reform freedom democrats republicans tea partyLicense:Standard YouTube License

The Occupy Wall Street movement is well into its second week of operation, and is now getting more attention from media as well as from people planning similar actions across the country. This is a promising populist mobilization with a clear message against domination by political and economic elites. Against visions of a bleak and stagnant future, the occupiers assert the optimism that a better world can be made in the streets. They have not resigned themselves to an order where the young are presented with a foreseeable future of some combination of debt, economic dependency, and being paid little to endure constant disrespect, an order that tells the old to accept broken promises and be glad to just keep putting in hours until they can't work anymore. The occupiers have not accepted that living in modern society means shutting up about how it functions. In general, the occupiers see themselves as having more to gain than to lose in creating a new political situation - something that few who run the current system will help deliver. They are not eager for violence, and have shown admirable restraint in the face of attack by police. There may be no single clear agenda, but there is a clear message: that people will have a say in their political and economic lives, regardless of what those in charge want. Occupy Wall Street is a kind of protest that Americans are not accustomed to seeing. There was no permit to protest, and it has been able to keep going on through unofficial understandings between protestors and police. It is not run by professional politicians, astroturfers, or front groups with barely-hidden agendas. Though some organizations and political figures have promoted it, Occupy Wall Street is not driven by any political party or protest organization. It is a kind of protest that shows people have power when they are determined to use it. Occupy Wall Street could be characterized as an example of a new type of mass politics, which has been seen in

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:

A worldwide shift in revolutionary tactics is underway right now that bodes well for the future. The spirit of this fresh tactic, a fusion of Tahrir with the acampadas of Spain, is captured in this quote:

'It is now virtually certain a child born in 1979 will not reach 50 years of age before the Arctic is ice-free in the summer. That is a rapid change on a planetary scale, with far-reaching consequences that scientists are just beginning to understand.' Stephen Leahy, Inter Press Service

ABOUT THIS PROJECT For years, the Yes Men have been tinkering with side-splitting mischief as a way to fight injustice. Our latest film about those efforts, The Yes Men Fix the World, won lots of awards and was released all over the planet... but it simply did not fix the world.  So a year ago, we decided that showing what we do wasn't enough: we needed to help people to actually do it themselves. We called our idea The Yes Lab for Creative Activism. It's a factory for meaningful mischief, and a system for helping organizations and individuals carry out Yes Men-style actions on their own, to get media attention for important issues. But the Yes Lab is more than that: it also aims to help YOU take action on issues of social importance. Today, after a year of testing and nearly a dozen successes, we're proud to announce that the Yes Lab is ready for prime time! It's got a set of cool tools in development, that will soon help YOU get involved in new Yes Lab projects, and even to launch them. And it's got a new home at NYU, with space, lots of eager participants, and an ambitious new structure that will soon be cranking out many new projects. The trouble is that in spite of all that, we still have zero budget for the first round of projects themselves! And that's why you're reading this now. We're asking for $10,000, to make the all-new Yes Lab the lean, mean, change-making machine it can be. Any amount raised over $10,000 will bankroll projects beyond the first round.

If thousands of us hang in there day after day, week after week, we may be able to create a spectacular revolutionary experience that fires up the public imagination and eventually maneuvers Obama into doing something that he has so far not had the guts to do: agree to a bold, decisive stroke against the financial corruption of America. Now that would get the American people behind us and cheering us on from coast to coast. If we can achieve that, the sky will be the limit … further demands will follow and a new America will be born.

By now, you probably think your opinion of Goldman Sachs and its swarm of Wall Street allies has rock-bottomed at raw loathing. You're wrong. There's more. It turns out that the most destructive of all their recent acts has barely been discussed at all. Here's the rest. This is the story of how some of the richest people in the world - Goldman, Deutsche Bank, the traders at Merrill Lynch, and more - have caused the starvation of some of the poorest people in the world. It starts with an apparent mystery. At the end of 2006, food prices across the world started to rise, suddenly and stratospherically. Within a year, the price of wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent. In a global jolt of hunger, 200 million people - mostly children - couldn't afford to get food any more, and sank into malnutrition or starvation. There were riots in more than 30 countries, and at least one government was violently overthrown. Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it "a silent mass murder", entirely due to "man-made actions."

I'm genuinely excited today to announce the release of my new book, With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful. As of this morning, it is available in bookstores as well as for shipping online. The book focuses on what I began realizing several years ago is the crucial theme tying together most of the topics I write about: America's two-tiered justice system - specifically, the way political and financial elites are now vested with virtually absolute immunity from the rule of law even when they are caught committing egregious crimes, while ordinary Americans are subjected to the world's largest and one of its harshest and most merciless penal states even for trivial offenses. As a result, law has been completely perverted from what it was intended to be - the guarantor of an equal playing field which would legitimize outcome inequalities - into its precise antithesis: a weapon used by the most powerful to protect their ill-gotten gains, strengthen their unearned prerogatives, and ensure ever-expanding opportunity inequality. This is how I described that development in the book:

As intense protests spawned by Occupy Wall Street continue to grow, it is worth asking: Why now? The answer is not obvious. After all, severe income and wealth inequality have long plagued the United States. In fact, it could reasonably be claimed that this form of inequality is part of the design of the American founding -- indeed, an integral part of it.

Two months have passed since the police execution of Mark Duggan tipped the already-fragile balance of power in the UK, unlocking an orgy of defiance across this island. A well of frustrations finally boiled over and the system was left reeling by a determined insurrection from a wide range of people. Following these days and nights of brazen attacks in Bristol (as in other places) a house is raided in a police and media orchestrated scene as part of their revenge operation for the blows they have both received in the uprising - they leave without the hostage they sought there, but I am made aware by their blunder that I am on their wanted list. Two months have now passed of successful evasion, and meanwhile the winds of insurgency still blow in many towns and moments - indeed, for many they started long before this summer. There have also been at least two more deaths at the hands of the Law in August alone… My decision is not to comply with my judicial persecution, and I greet D.C.I Will White and their kind reading this by the names they are known here and everywhere in different words and tongues: COPS - PIGS - MURDERERS. I am one of those who simply cannot and will not stomach the social, economic, moral, psychological, physical conditions not of our making that we are born into at this point of history. I have never sought to decorate the walls of my cell with exam certificates, job promotions, sports prizes, status-symbols borrowed from the wealthy by our labour. I curse those who sell themselves so cheaply to buy such unimaginative dreams at the expense of a possibility of a freedom truly of their own making. Since an early age this unwillingness and refusal has put me in conflict, like countless others, with that reality. And our understanding is growing along with our fury. We are the "lost kids" angry and disappointed by false promises, the "uncontrollable youth" unsatisfied with the paltry futures offered to us, the "useless componen

Glenn Greenwald studied law and spent ten years as a litigator in federal and state courts across the country. Now he's a big two-fisted progressive blogger and columnist for Salon.com. And he's out with a blistering critique of what has happened to American law. We've stopped applying it to everyone, says Greenwald. We've carved out an exemption for Americans in the halls of power. We've created what Greenwald calls a "lawless elite" that is running roughshod over our economy and national policy. Over American law. This hour On Point: Glenn Greenwald, and liberty and justice for some.

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