Ever since the world economy started crashing in 2008, a lot of news has been uncovered about Ponzi schemes, financial institutions ripping people off, crooked government bailouts, banks laundering money for gangs and terrorists, large-scale tax cheating, money hidden away in offshore numbered accounts, thefts from pension funds, politicians stealing tax money for partisan or personal uses, and other types of white collar crime.
Despite all of these offences against decent people who play by the rules, there has been very little punishment for the criminals and very little compensation for the victims. That is because white collar criminals and (Read more…)
Richard Hughes PoliticalBlogger
As a retired guy from time to time I think that it would be nice to bring in a few extra bucks.
Problem is that generally people actually want you to produce something of benefit to them, provide a service or some other such time consuming sacrifice.
Well that is a mugs game really. I mean why don’t I just park my conscience and principles and start up a hedge fund?
Here is a look at a world foreign to 99 percent of us.
It’s a common belief that people are compensated more or less in proportion
. . . → Read More: Cowichan Conversations: So You Want To Make Few Extra Bucks? Simple-Start Up A Hedge Fund!
A bailout for the people, by the people: Occupy is buying up distressed debt from the banks for pennies on the dollar, and then – instead of extorting it out of the debters, as is the usual practise, it is wiping the slate clean. Brilliant, and v… . . . → Read More: 350 or bust: Rolling Jubilee: Occupy Turns Tables On Banks, Frees Debt
Excerpt from the Brainipedia mentograph entry on Wall Street, circa 2020: It wasn’t until the early years of the 2020s that our pre-singularity hominid ancestors realized they should not allow their best and brightest minds to go into the financial … Continue reading →
Many Canadians (and many more Americans) ask the eminently reasonable question, Why aren’t the bankers who precipitated the financial collapse of 2008 in jail? The damage they inflicted on the U.S. alone was immense: a loss of $11-trillion of personal wealth and 5.5 million jobs, and the foreclosure of over 10 million homes.
And there certainly seemed to be criminal behaviour. Two government
Freed from the US prison system Conrad Black is challenging Harper, Canada, and Americans on their failed policies. Particularly around prison reform. A businessman with good arguing skills, the chops to take on a government or two, and with the skills to spread his knowledge, Conrad Black may very well be our Warren Buffet. Conrad [...]
This chart shows how the editors ‘understand how each writer's article functionalizes distrust/trust of institutionality in relationship to how much mediation they understand is useful in reflecting on the complexity of culture.’
The eighth issue of the Journal of Aesthetics and Protest has just been released in print. While the contents have been available online for a while, it’s definitely worth your while to drop a few bucks on the paper portrayal of this political periodical.
As Occupy Wall Street enters a new phase, this issue of JOAAP reflects the utility of a multiplicity of approaches to political issues.
. . . → Read More: Art Threat: Advocating for a diversity of tactics – Journal of Aesthetics and Protest #8 now available in print
Via Firedoglake, The Austin Lounge Lizards perform “Too Big To Fail”: * More links: Austin Lounge Lizards
Oh, those fickle Wall Street bankers. In 2008, Barack Obama was their man for president. They lavished $71-million on the Democratic candidate, $10-million more than on his Republican rival. Goldman Sachs was Obama’s major contributor. In the current campaign, they are laying out the largesse again, outspending all other special interest groups. So far, however, they have switched horses,
We are living in difficult times. The ongoing economic crisis started by the 2008 Sub-Prime Mortgage Scandal has all of us thinking about our future. We are vulnerable to unethical appeals to our anxiety in the form of quick fixes and easy profits. The promise of "Ethical Oil" is the worst of these appeals. We have to resist. Even more, we have to take decisive actions that the current leadership will not. To quote a famous man, we have an ordeal before us of the most grievous kind and we need a new generation of leadership to tackle it. We
. . . → Read More: DeSmogBlog: Ethical Oil, the Sub-Prime Mortgage Scandal and The Next Great Generation
THE CORPORATE RESPONSE:
Need some inspiration? Check out this video: A powerful group of images of the brave people throughout our lifetime (and before) who took the front lines to sow the seeds of social change with peaceful demonstrations and were forcefully dealt with by the preservers of the status quo.
Fred Shapiro, associate librarian at Yale Law School has declared “We are the 99 per cent”, the political slogan of the Global Occupy movement, the heavy weight champ of the quotes for 2011. It’s another unavoidable …Read More
The actions of those in the Civil Rights Movement were not always supported by the majority of Americans, especially the violence. But the messages presented at the sit-ins and marches did begin to resonate.
However, what probably helped the movement the most, was the response of segregationists like George Wallace. ”In the name of the greatest people that have ever trod this earth, I draw the line in the dust and toss the gauntlet before the feet of tyranny, and I say segregation now, segregation tomorrow, segregation forever”.
His confrontations with students played out like a Klan lynching, and Americans
. . . → Read More: Pushed to the Left and Loving It: Despite Evictions and Arrests, Occupy Wall Street Message is Getting Through
Here’s a comic that is making the rounds these days (I found it on Think Progress): More links: Graph: 147 Companies Control 40% of Global Corporate Wealth Occupy Wall Street Movement Energizes Climate Protestors, But Also Highlights Contradictions . . . → Read More: 350 or bust: Mr Burns Stands Up For the 1%
David Suzuki was interviewed at the Occupy Montreal event last Saturday: “We’ve got to take back our country, and take back our democracy..Stop serving the corporate agenda. It seems that money is everything that determines what our priorit… . . . → Read More: 350 or bust: David Suzuki On Occupy Movement: The Future Of Young People Is Being Sacrificed To Corporate Agenda
The Occupation of Wall Street protests are growing, and appear to have staying power. Without the corporate funding of the Tea Party, they started with just a small group and an idea.Taxpayers were forced to bail out Wall Street, and yet Wall Street no… . . . → Read More: Pushed to the Left and Loving It: Grassroots at the Real Grassroots. What a Novel Idea
The Wall Street protests continue, with activists promising to hold out for months. However, another element has been brought in, that has no place in a legitimate rally.Topless women with signs requesting that gawkers not look at them but listen to th… . . . → Read More: Pushed to the Left and Loving It: Put Those Things Away Ladies. This Is Too Important
Filed under: Political Humour Tagged: bull, gelding, goodbye, image, neutered, New york, no balls, shears, steer, testicles, wall street, washintgon dc . . . → Read More: Harper Valley: Wall Street, Kiss Your Knackers Goodbye!
Graphic novel Understanding the Crash features stories of struggles against speculative economics are skillfully outlined. From the Miami housing market bubble burst that ignited housing rights struggles, to community struggles for affordable housing in Cleveland, the book etches a detailed picture of a corrupt economic system and stories on grassroots organizing for change. . . . → Read More: Art Threat: Understanding the Crash illustrates resistance to capitalism
Rick Perry is now dropping in the polls, with Mitt Romney taking the lead.I guess having a ranch named “Niggerhead” didn’t win him any points. The Tea Partiers would have loved it, but the Republican leader has to be able to win over more than the… . . . → Read More: Pushed to the Left and Loving It: Perry Down – Protesters Up
The British are deft with words – is every Briton born a wordsmith? – and today The Guardian has come close to defining the heart of the American Spring now taking place in many cities there (my highlights):But the ultimate failure here is of imagi… . . . → Read More: CuriosityCat: The Heart of OccupyWallStreet