Tag: Occupy Wall St.

Occupy Wall St. Livestream: Day 57

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Joan Baez @ Occupy Wall Street Foley Sq (11/11/11) Veteran’s Day “Where’s My Apple Pie?”

Joan Baez sings in solidarity with Occupy Wall Street “My Apple Pie” a song she wrote in the 70s changing lyrics to “Time To Occupy”

Occupy Wall Street Had A Big Concert Yesterday, And It Proved That Things Have Changed

On Veteran’s Day, we set out to write about Occupy Wall Street without any idea of what to expect. We had word that there were going to be demonstrations all over the city- one in Central Park, and a concert in Foley Square.

We devoted the most time to the concert, where around 300 people stood smiling in the cold. Joan Baez was headlining, and it seemed like a good opportunity for pictures.

Check out the pictures

But it ended up being much more- because it was there that we noticed something had happened to Occupy Wall Street without it trying, and perhaps without it knowing. The amorphous movement had become a structured thing.

In the early days, we would enter the park and ask questions. We would receive answers, but they were without authority. ‘Well, this is what you should know, but I am no one to tell you. We all speak for each other in this place.’

Now it’s different. Occupy Wall Street now has a structure and a culture all its own, developed rapidly though the use of technology, the confrontation of adversity, and self-imposed isolation. They do, after all, live in a park on their own.

On Veteran’s Day it all showed. [..]

Occupy Wall St. Livestream: Day 56

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Minnesota Rep. Michele Bachmann’s campaign for the Republican presidential nomination aboard the USS Yorktown in Charleston, SC was interrupted by an OWS mike check. Ms Bachmann looked confused and was escorted off the stage by a police officer and staffer. When she returned to the stage she quipped “Don’t you love the First Amendment?” Yes. we do, Michelle, and it would have been “presidential” moment, if you had told your supporters to let them speak instead of being shouted down and you walking away instead of listening and responding to their message.

Man Outed As Undercover Cop At Occupy Oakland Condemns Police Brutality, Supports The Movement

Across the country, police have used undercover and/or plainsclothed police officers to monitor occupations and protests that are a part of the 99 Percent Movement. [..]

Shavies thinks his fellow police officers are over-using heavy-handed tactics.

Across the country, police have used undercover and/or plainsclothed police officers to monitor occupations and protests that are a part of the 99 Percent Movement. Earlier today, the Tennessean published excerpts from emails sent by the Tennessee Highway Patrol that confirmed not only that police were infiltrating Occupy Nashville but that they were hoping for the movement’s demise.

In a video released last month, Oakland Police Officer Fred Shavies was outed as one of these plainsclothed officers at Occupy Oakland. Watch it.

Now, in an interview with Justin Warren, Shavies said that he was just doing his job and that he actually supports the movement. He said that the police brutality that occurred could be our generation’s Birmingham – referring to the civil rights struggle in the South – and that he hopes the movement is a turning point for changing the country:

   SHAVIES: I’m a police officer. I’m part of the 99 percent. […] In the ’60s when people would protest, would gather in order to bring about change, right? Those protests were nonviolent they were peaceful assemblies. They were broken up with dogs, hoses, sticks. […] It looks like there was a square, and police shot tear gas. That could be the photograph or the video for our generation. That’s our Birmingham. So, twenty years from now this movement could be the turning point, the tipping point, right. It’s about time your generation stood up for something. It’s about time young people are in the streets. […] Ya’ll don’t need to throw gas canisters into a group of people occupying an intersection.

Occupy Wall St. Livestream: Day 55

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Crosby Nash Occupy Wall Street 11.8.11 Teach Your Children.

Occupy Wall Street protesters pass through Newark on way to Washington

NEWARK – Twenty-two protesters planning to walk 240 miles to Washington, D.C., hiked through Newark on Broad Street about 6 p.m. tonight bearing backpacks, dish soap and American flags.

These mobile Occupy Wall Street protesters hoped to gather supporters as they walk through New Jersey, Pennsylvania and Maryland, on their way to Washington for a protest planned for Nov. 23.

That’s the date for a congressional committee to decide whether to support President Obama’s extension of Bush-era tax cuts.

Occupy Wall St. Livestream: Day 54

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

David Crosby and Graham Nash perform live on ‘Countdown,’ discuss the movement

Musicians David Crosby and Graham Nash discuss their impressions of the Occupy Wall Street movement with Keith. The duo also performs an original song a cappella.

Occupy Wall Street Gets Its Generators Back

Occupy Wall Street got its confiscated generators back on Tuesday after its legal team pressed the Fire Department of New York to release them.

The machines were picked up from the New York City Fire Academy at Randall’s Island by the Wikileaks truck, which has been stationed next to Zuccotti Park since the protest’s inception. The vehicle with the generator on board made its way back to Zuccotti Park hours before a planned concert by Graham Nash and David Crosby.

Yetta Kurland, a lawyer representing the protesters, said the generators did not violate any FDNY code.

NYC protesters erect military tents for winter

NEW YORK-The Occupy Wall Street protesters in New York City are preparing for the possibility of a punishing winter by erecting tents designed to withstand frigid temperatures.

Some of the military grade tents are as big as tiny cottages. They began popping up Monday, with the first planned for medics and another designated as a safe space for women.

‘Occupy’ takes over the airwaves

Salon.com’s Justin Eliot and film maker David Savage share their thoughts

on a new 30 second Occupy Wall Street commercial, which began airing Saturday on several major networks describing what the movement desires to accomplish.

Occupy Wall St. Livestream: Day 53

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Occupy Oakland: Scott Campbell describes being shot with a rubber bullet by Oakland police in an unprovoked attack

Scott Campbell, a participant in the Occupy Oakland movement, describes the unprovoked police attack that left him severely wounded. “There was absolutely no warning whatsoever,” says Campbell.

Occupy The Highway: The 99% March to Washington

On November 23rd, the Congressional Deficit Reduction Super-Committee will meet to decide on whether or not to keep Obama’s extension to the Bush tax-cuts – which only benefit the richest 1% of Americans in any kind of significant way. Luckily, a group of OWS’ers are embarking on a two-week march from Liberty Plaza to the Whitehouse to let the committee know what the 99% think about these cuts. Join the march to make sure these tax cuts for the richest 1% of Americans are allowed to die!

More information:

The 20 mile a day/2 week march from Liberty Square to DC is set to leave this Wednesday, November 9 at noon. On Wednesday we’ll be leaving Liberty Square and marching to the New York Waterway/Hudson River Ferry and onward to Elizabeth, NJ. This is our first stop. Everyone is welcome to join this two week march. If you’d like to participate, but can’t commit for two weeks you’re welcome to join us for the day or help send us off!

Occupy Wall St. Livestream: Day 52

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Washington Heights to Harlem to Wall Street March

The march will assemble at 181 St. and St. Nicholas Av in upper Manhattan at 10:30 AM. Protesters will march down Broadway back to Liberty Park. Organizers say the aim of the 11 mile march is to connect Black and Latino residents of Northern Manhattan who support Occupy Wall Street with residents from Harlem, the West Side and Greenwich Village.

Occupy Wall Street: Public Opinion Of Protesters Higher Than Corporations, Washington

Among 1,005 adults surveyed, 35 percent had a favorable impression of the protest movement that began in New York City and gained support worldwide. Only 16 percent could say the same for Wall Street and large corporations.

Twenty-nine percent had a favorable impression of the tea party movement and 21 percent of government in Washington. [..]

Wall Street and large corporations tied with Washington government in unpopularity, with 71 percent of those polled saying they had an unfavorable impression of big business and Washington. The tea party got a 50 percent unfavorable response and Occupy Wall Street 40 percent.

Occupy Wall St. Livestream: Day 51

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Transforming Harm & Building Safety: Confronting Sexual Violence At Occupy Wall Street & Beyond

On the morning of October 29, a woman participating in OWS was sexually assaulted at Liberty Square. The person who she identified as having assaulted her was arrested on November 1 for a previous assault and is currently incarcerated. [..]

We have been saddened and angered to observe some members of the media and the public blame the survivor for the assault. A survivor is never at fault. It is unacceptable to criticize a survivor for the course of action they chose to take or their community for supporting them in that choice. Additionally, we were troubled at the time of her report that responding police officers appeared to be more concerned by her political involvement in OWS than her need for support after a traumatic incident of sexual violence. A survivor is not at fault for being assaulted while peacefully participating in a public protest to express their political opinions. We are aware that this is one of several known cases of sexual assault that have occurred at OWS. We are dismayed by these appalling acts and distressed by the fear among many Occupiers that they have caused, as well as their negative impact on our ability to safely participate in public protests. We have the right to participate in peaceful protests without fear of violence. [..]

We are creating and sharing strategies that educate and transform our community into a culture of consent, safety, and well-being. At OWS, these strategies currently include support circles, counseling, consent trainings, safer sleeping spaces, self-defense trainings, community watch, awareness campaigns, and other evolving community-based processes to address harm. We encourage survivors to connect with support and advocates, and to access medical, legal, and social services, as well as available community-based options, many of which are listed below. We stand together as a community to work towards the prevention of sexual violence and harassment, and to provide unwavering support for anyone who has been assaulted. We commit to creating a culture of visibility, support, and advocacy for survivors, and of accountability for people who have committed harm.

With hope and solidarity,

Members of the survivor’s support team at Occupy Wall Street

Occupy Wall Street Erects Women-Only Tent After Reports Of Sexual Assaults

In the wake of an alleged rape and a sexual assault in Zuccotti Park that resulted in the arrest of an Occupy Wall Street protester earlier this week, the movement has erected a women-only safe-space sleeping tent. According to the Post the 16-square-foot metal-framed tent will be watched by female members of the de-escalation team, and can sleep 18 people. “This is all about safety in numbers,” 24-year-old protester Becky Wartell says.

One 23-year-old woman tells the paper that she’ll be sleeping in the safe space “partially because of the recent attacks that have been happening.” She adds, “I think that this will help bring more women to the movement as well. I think a lot of women have been hesitant and especially for those that are new and don’t know a lot of people it’s hard to find a safe place to stay.”

Occupy Wall Street protesters get their own potties

For seven weeks, the occupiers of Zuccotti Park — a block from Wall Street — were mostly relying on fast-food restaurants and the kindness of other establishments to do their personal business. But neighbors complained to public officials, including Mayor Michael Bloomberg, that demonstrators were also urinating and defecating outdoors.

The group’s website announced Friday afternoon that Occupy Wall Street “is providing access to porta-potties in a private, well-lit space with 24-hour security, only 2 blocks away from the square.” The announcement said the portable toilets would be “maintained by a professional service” and that volunteers would be blanketing the park with fliers directing people to the facilities.

Veterinarians lend a hand at Zuccotti Park, checking  pets of Occupy Wall Street protesters

Provide vaccinations and deworming treatments for dogs, cats and even rats

Dogged supporters of Occupy Wall Street are getting some free medical care – thanks to volunteer veterinarians at Zuccotti Park.

Protesters’ pets – including pooches, cats and rats – can receive check-ups once a week from a ragtag band of animal caretakers doling out shots and deworming and flea treatments.

“It’s reassuring to know you can take your pets here,” said Chris Brown, who, with his mutt, Genevieve, camps at the park. “As things get worse in the economy, we have access to less and less health care, and the same goes for our pets.”

Dr. Konstantine Barsky of Hope Veterinary Clinic in Brooklyn told Brown his dog was chubby, but otherwise healthy.

Remember, Remember the 5th of November

Cross posted from The Stars Hollow Gazette

Tomorrow is Guy Fawkes Day, also know as Bonfire Night. The day actually celebrates the foiled plot to blow up the British Parliament in 1605. Its history begins with the events of 5 November 1605, when Guy Fawkes, a member of the Gunpowder Plot, was arrested while guarding explosives the plotters had placed beneath the House of Lords. Celebrating the fact that King James I had survived the attempt on his life, people lit bonfires around London, and months later the introduction of the Observance of 5th November Act enforced an annual public day of thanksgiving for the plot’s failure. On the very night that the Gunpowder Plot was foiled, on November 5th, 1605, bonfires were set alight to celebrate the safety of the King. Since then, November 5th has become known as Bonfire Night. The event is commemorated every year with fireworks and burning effigies of Guy Fawkes on a bonfire.

The day has now morphed into something different. The mask that was worn by the guy who shared the screen with a shorn Natalie Portman in the 2006 movie, “V for Vendetta”, has become a symbol of Occupy Wall Street protesters, Anonymous hactivists and chief WikiLeaker Julian Assange. Now, ironically, the fires and the mask are symbols of standing up to the oppressors, be it the government or the 1% who keeps the 99% downtrodden.

Even today in Britain, most wonder if they are celebrating Fawkes’ execution or honoring his attempt to do away with the government.

Occupy Wall St. Livestream: Day 50

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Don’t Be Big Banks’ Puppet; No Immunity Deal for Crooks

To help expose the looming cash-for-immunity deal between the Obama administration and big banks, there will be a march from Liberty Square to the U.S. Court House Building at Foley Square on November 5th.

The march will gather at 2:00pm on the east side steps at Liberty Square (Zuccotti Park), and will arrive at Foley Square at 3:00pm. Join the Facebook event page

President Obama is on the brink of cutting a backroom deal that would give bankers broad immunity for illegally throwing tens of thousands of Americans out of their homes. The Administration is pressuring state attorneys general to abandon an ongoing investigation into the massive “robo-signing” fraud, in exchange for a relatively small payoff by the banks.

Numerous investigations by state and federal authorities have demonstrated that banks used illegal procedures to make tens of thousands of foreclosures over the past decade. Rushing to a settlement before the full extent of the fraud is known would be a grave injustice to those who were illegally foreclosed upon and those still struggling to stay in their homes.

“We will not stand for a system that gives campaign contributors a right to immunity, while serving foreclosure papers to the 99%,” said Beth Bogart, a volunteer with Occupy Wall Street. “We will not stand for a country where bankers that issued deadly mortgage-backed securities are bailed out, but homeowners with mortgages are illegally thrown out on the street.”

Bank transfer Day

If we shift our funds from the for-profit banking institutions in favor of not-for-profit credit unions before this date, we will send a clear message that conscious consumers won’t support companies with unethical business practices. It’s time to invest in local community growth!

Remember, Remember, The Fifth OF November

From ‘V’ to OWS: One Mask’s Story

Photobucket

The masks are from the 2006 film V for Vendetta where one is worn by an enigmatic lone anarchist who, in the graphic novel on which it is based, uses Fawkes as a role model in his quest to end the rule of a fictional fascist party in the UK.

Early in the book V destroys the Houses of Parliament by blowing it up, something Fawkes had planned and failed to do in 1605.

British graphic novel artist David Lloyd is the man who created the original image of the mask for a comic strip written by Alan Moore. Lloyd compares its use by protesters to the way Alberto Korda’s famous photograph of Argentine revolutionary Che Guevara became a fashionable symbol for young people across the world.

“The Guy Fawkes mask has now become a common brand and a convenient placard to use in protest against tyranny – and I’m happy with people using it, it seems quite unique, an icon of popular culture being used this way,” he says.

A curious Lloyd visited the Occupy Wall Street protest in Zuccotti Park, New York, to have a look at some of the people wearing his mask.

“My feeling is the Anonymous group needed an all-purpose image to hide their identity and also symbolise that they stand for individualism – V for Vendetta is a story about one person against the system.”

The film of V for Vendetta ends with an image of a crowd of Londoners all wearing Guy Fawkes masks, unarmed and marching on parliament.

It is that image of collective identification and simultaneous anonymity that is appealing to Anonymous and other groups, says Rich Johnston, a commentator on the world of comics.

Attacking The 99% & Social Security

Cross posted from the Stars Hollow Gazette

David Dayen may have hit the nail on the head when he wrote about the latest Super Committee’s wrangling over using Social Security to pay for the 1%’s tax cuts:

I don’t have to tell you about how Social Security never contributed one penny to the deficit. It holds a surplus of $2.6 trillion, and the elites just don’t want to pay off the trust fund because that might mean higher taxes on rich people. A bargain was made 30 years ago to build up the trust fund and pay for the baby boomers’ retirement, and now they want to renege on that deal and take the money out of the hides of old pensioners.

I assume that the effort here is to move to chained CPI, which will lead to a reduction in benefits. It’s also a regressive tax increase. If the leaders in Washington think that a public already out in the streets over inequality, Wall Street greed and corporate control of government will meekly accept that, they’re just wrong.

Of course, members of Congress won’t really have to worry about their benefits getting cut. That’s because they’re mostly fabulously wealthy and won’t be burdened as much as the other 99% by a more meager Social Security check every month.

The front page article in the Washington Post that got everyone’s dander up this week is so blatantly wrong that is a bold faced lie that has been debunked numerous times. Economist Dean Baker was much kinder saying that the “Washington Post Discards All Journalistic Standards In Attack on Social Security”:

Occupy Wall St. Livestream: Day 49

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza πŸ˜‰

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Eviction Defense!

Sign up for the eviction defense text blast!

Send a text to the number 23559, with the the message @occupyalert

This will be used for emergency alerts and announcements.

Three weeks ago NYPD delivered what was effectively a notice of eviction, telling residents of Liberty Square that Brookfield, with the help of the city, was going to clean the park. Instead, #OWS mobilized, organizing a mass clean up, mobilizing thousands of supporters, and flooding the mayors office with phone calls. An amazing pre-dawn defence packed the square with thousands of people. Brookfield stood down and the eviction was averted.

Today rumors are rampant that the city is again considering action to end the occupation. Labor leaders, local elected officials, and news outlets are hearing the rumblings of eviction. We know that when the next eviction attempt comes, we will not get advanced warning. NYPD could move in as early as tonight, or it could be next week. We know that our adversaries are trying to build political cover for eviction by demonizing us in the press.

We need to be ready to defend the occupation. Be prepared!

Occupy Wall Street to Mayor Bloomberg: Get Your Facts Straight; Stop the Fear Mongering

Yesterday New York City Mayor Mike Bloomberg alleged that Occupy Wall Street participants at Liberty Square (Zuccotti Park) are chasing criminals out of the park instead of reporting them to police. In reality, Occupy Wall Street has its own well-trained internal security force, but this team does not substitute for the police when it comes to criminal activity that threatens our community or local residents. Occupy Wall Street participants have called upon police on occasions when people with predatory intentions have come into the park and engaged in illegal and destructive behavior, and have in fact turned over criminals to the NYPD.

“Bloomberg lied yesterday when he claimed tha a sexual assault suspect was merely kicked out of the park, when in fact OWS security personnel forcibly removed the individual and handed him directly to the NYPD,” said Andrew Smith, a member of OWS’s overnight Community Watch. “The Mayor should get his facts straight before he calls responsible citizens protecting our community ‘despicable.'”

Bloomberg will say and do just about anything to protect his fellow 1%ers.

Jobless Protesters Occupy Mitch McConnell’s Office As Congress Dithers On Jobs

WASHINGTON — Roughly 30 jobless protesters from D.C. neighborhoods occupied Senate Minority Leader Mitch McConnell’s office in the Russell Senate Office Building Thursday, saying they wanted to talk to him about jobs.

But McConnell was busy at the Capitol Building, where he led Republicans in blocking a $60 billion infrastructure bill. The protesters said they supported the measure.

McConnell’s legislative director offered to sit down with the group, but they declined, saying they’d rather wait for the senator himself. So they sat in his office, taking up every chair and lots of floor space while McConnell’s staff went about its business. A Capitol Police officer scoped the situation and said her heart went out to them for losing their jobs.

The protesters, most of whom said they lived in the poorest part of Southeast D.C., had no affiliation with the Occupy Wall Street movement. They’d been organized by a community group called OurDC, which has been hectoring Congress about jobs since it launched with SEIU seed money earlier this year. The protesters remained in the office as of Thursday afternoon as of 3 p.m. and said they wouldn’t leave before meeting the senator.

The Apolitical Quest For Justice

Cross posted from The Stars Hollow Gazette

Who would have ever thought that these two would ever be on the same page.

Did You Hear the One About the Bankers?

by Thomas L. Friedman

Our Congress today is a forum for legalized bribery. One consumer group using information from Opensecrets.org calculates that the financial services industry, including real estate, spent $2.3 billion on federal campaign contributions from 1990 to 2010, which was more than the health care, energy, defense, agriculture and transportation industries combined. Why are there 61 members on the House Committee on Financial Services? So many congressmen want to be in a position to sell votes to Wall Street.

We can’t afford this any longer. We need to focus on four reforms that don’t require new bureaucracies to implement. 1) If a bank is too big to fail, it is too big and needs to be broken up. We can’t risk another trillion-dollar bailout. 2) If your bank’s deposits are federally insured by U.S. taxpayers, you can’t do any proprietary trading with those deposits – period. 3) Derivatives have to be traded on transparent exchanges where we can see if another A.I.G. is building up enormous risk. 4) Finally, an idea from the blogosphere: U.S. congressmen should have to dress like Nascar drivers and wear the logos of all the banks, investment banks, insurance companies and real estate firms that they’re taking money from. The public needs to know.

Capitalism and free markets are the best engines for generating growth and relieving poverty – provided they are balanced with meaningful transparency, regulation and oversight. We lost that balance in the last decade. If we don’t get it back – and there is now a tidal wave of money resisting that – we will have another crisis. And, if that happens, the cry for justice could turn ugly. Free advice to the financial services industry: Stick to being bulls. Stop being pigs.

Wall Street Isn’t Winning – It’s Cheating

by Matt Taibbi

Can anyone imagine a common thief being caught by police and sentenced to pay back half of what he took? Just one low-ranking individual in that case was charged (case pending), and no individual had to reach into his pocket to help cover the fine. The settlement Goldman paid to to the government was about 1/24th of what Goldman received from the government just in the AIG bailout. And that was the toughest “punishment” the government dished out to a bank in the wake of 2008.

The point being: we have a massive police force in America that outside of lower Manhattan prosecutes crime and imprisons citizens with record-setting, factory-level efficiency, eclipsing the incarceration rates of most of history’s more notorious police states and communist countries.

But the bankers on Wall Street don’t live in that heavily-policed country. There are maybe 1000 SEC agents policing that sector of the economy, plus a handful of FBI agents. There are nearly that many police officers stationed around the polite crowd at Zucotti park.

These inequities are what drive the OWS protests. People don’t want handouts. It’s not a class uprising and they don’t want civil war — they want just the opposite. They want everyone to live in the same country, and live by the same rules. It’s amazing that some people think that that’s asking a lot.

Wonders will never cease

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