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At Risk Eurozone Sovereign Credit Ratings - by Stephen Lendman
Moody's says Eurozone crisis conditions place all member state credit ratings at risk.
It warned 87 European banks to expect downgrades. Moreover, Fitch revised America's debt outlook to negative. Nonetheless, its AAA rating is unchanged. For how long is another issue.
By Lori Spencer
Oklahoma City – In the early morning hours of Black Friday, 10 members of Occupy OKC discovered that chanting “Buy local!” in a crowded Walmart is an arrestable offense in the United States of America.
By Jess Guh
The mainstream media likes to claim that Occupy Movement is comprised of aimless activists without concrete goals. They should go ask Martha and Lorena Reyes, two recently fired Hyatt housekeepers who know exactly why the 1% who run everything need to be occupied and what the 99% is demanding.
Until recently, the two sisters worked for the Hyatt Regency in Santa Clara, CA. On October 14th, after 30 years of combined service, they were abruptly fired.
But THESE campers are not nonviolent. Some have even learned the acceptability of pepper spraying people.
Coming: Big Austerity Cuts - by Stephen Lendman
The congressional August Budget Control Act of 2011 established the Joint Select Committee on Deficit Reduction - aka Supercommittee.
Doing so was extralegal. The Constitution's Article 1, Section 8 explains congressional powers. None of them include supercommittee authority to resolve America's debt crisis.
Supercommittee Strikes Out - by Stephen Lendman
On November 20, New York Times writer Eric Lipton headlined, "Lawmakers Trade Blame as Deficit Talks Crumble," saying:
By Dave Lindorff
The growing number of video clips and photos showing police in Darth Vader-like riot gear assaulting peaceful demonstrators with everything from tear gas and mace to truncheons, point-blank shots with beanbags and rubber bullets, and of course the ubiquitous fist and club, have made a bad joke out of claims that America is either the land of the free or the home of the brave.
By John Grant
With a $55 million construction contract “imminent” for Dilworth Plaza -- home since early October for Occupy Philadelphia – the city trade unions and those in Occupy Philly determined to hold-out in the Plaza have come to a showdown.
Everything in life is a dialogue with something, and that goes for the bottom-up/top-down dialogue known as the Occupy Movement. The Philadelphia Police are the well-armed arbiter in the middle of this dialogue with the city. The dialogue, however, just got more complicated with the entrance of the job-hungry trades union.
By Dave Lindorff
The scripted excuses provided by mayors around the country to justify their police-state tactics in rousting peaceful occupation movement activists from their park-based demonstrations now stand exposed as utter nonsense, and, given their uncanny similarity in wording, can be clearly seen as having been drawn up for them by some hidden hands in Washington. the same can be said of the brutal tactics used.
Prepared by Occupy Washington DC
Freedom Plaza, November 2011
The disconnect between Congress and the people is vast. For decades, Congress has been passing laws that benefit the 1%, their campaign donors and big business interests, rather than creating a fair economy that serves all U.S. citizens. With this report Occupy Washington, DC shows that Congress is out of touch with evidence-based solutions, supported by the majority of Americans that can revive the economy, reduce the deficit and wealth divide while create millions of jobs.
By Charles M. Young
After watching the Packers beat the Vikings on Monday Night Football, I had insomnia, so it was kind of an accident that I checked my email at 2 a.m. and discovered the police were clearing Zuccotti Park. Everyone had been expecting an eviction since it all started on September 17, but not expecting it at that particular moment. On my cell phone, there were several frantic texts from Occupy Wall Street begging for community support. So I hopped on a slow subway and arrived at Chambers Street about 3 a.m.
Police State Tactics: Signs Point to a Coordinated National Program to Try and Unoccupy Wall Street and Other Cities
By Dave Lindorff
The ugly hand of the federal government is becoming increasingly suspected behind what appears to be a nationwide attempt to repress and evict the Occupation Movement.
Across the country in recent days, ultimatums have been issues to groups occupying Portland, OR, Chicago, IL, San Francisco, Dallas, TX, Atlanta, GA, and most recently New York, NY, where the Occupation Movement began on September 17. The two most recent eviction efforts, in Oakland and New York, have been the worst.
On Thursday, OccupyWashingtonDC.org teamed up with the Backbone Campaign, National People's Action, and the New Economy Working Group in a march from Freedom Plaza to the Federal Housing Finance Administration (FHFA).
The demand they brought, along with giant props including a foreclosed house under water, was for a correction. The 1%, they said, inflated house values and made off with ill-gotten gains, but those left with underwater mortgages when the house values were brought back down have suffered. The demand is for mortgage values to be adjusted to match the current market values of houses.
By Michael Collins
If you are twenty four or younger, you are likely either under or unemployed. Only about 60% of those 16 to 24 years old are in the labor force (those employed or seeking jobs). Their unemployment rate is 18%.
For years, Money Party lackeys, our (s)elected officials, put out a propaganda line that said, Get an education or there's no future for you. Well, lots of people got a college or trade school education or on the job training and there are no jobs for them.
There has been no increase in jobs in the United States since 2000. In fact, the number of jobs relative to the total workforce has actually declined. Negative job growth for eleven years shows that the current economic system has failed miserably. Here's the ugly picture the rulers won't talk about.
By Dave Lindorff
Once again we got a cheery report from most of the media about employers hiring, albeit “not enough,” and about the jobless rate falling, albeit “it’s still too high.”
The proximate cause of this latest round of propaganda from the corporate media is the latest monthly jobless figure reported out by the Bureau of Labor Statistics, which said that employers had added 80,000 net new jobs (actually they found that private sector employers had added 104,000 jobs while public agency employers had pink-slipped 24,000 people), and that the official unemployment rate was 9.0 percent, just a notch lower than last month’s 9.1 percent figure.
As the Occupy Wall Street movement pushes forward, evolving daily in mission and meaning, its cinematic companion has arrived on the scene. Heist: Who Stole The American Dream? is the latest socially and politically relevant documentary executive produced by Earl Katz, President of Public Interest Pictures. Heist will soon premiere as the fundamental primer on the historical and present-day inequities which gave rise to the Occupy Movement. From its 1930s depiction of Depression Era breadlines to Wisconsin Governor Walker's current assault on Collective Bargaining, Heist tells the story of America in decline due to the excessive greed of corporate executives and politicians bent on destroying the middle class.
Nov. 2, 2011 - A new study suggests that defense hawks are crying crocodile tears over planned cuts to Pentagon spending.
Capitol Hill conservatives and Pentagon brass fighting cuts to defense spending have argued that the military is limping off the battlefield with decrepit hardware. It's quite the sob story: At a hearing last week, Rep. Buck McKeon (R-Calif.), the chair of the House armed services committee, cut his remarks short to literally sob for "these young men that are going outside the wire over in Afghanistan, every day on patrol."
By John Grant
The people, unfortunately, are still very ignorant, and are kept in ignorance by the systematic efforts of all the governments, who consider this ignorance, not without good reason, as one of the essential conditions of their own power.
It was 10:30 pm on Dilworth Plaza, the concrete apron around Philadelphia City Hall that’s home for over 100 tents in the Occupy Philadelphia movement. The air was clear and the temperature was pleasant.
Oct. 28: Rachel Maddow expresses exasperation that Paul Wolfowitz is still treated by the media as if he has credibility on foreign policy matters despite his infamous history of disastrously poor judgment.
By Dave Lindorff
Shanghai -- I was talking yesterday with the chief financial officer of a US-based drug firm that operates here in China, producing for the Chinese market, and got an up-close look at how bad things are for what used to be called the Almighty Dollar.
The company in question, a joint venture between a very profitable U.S. drug company and a local Chinese company, is quite profitable itself.
By Linn Washington, Jr.
They worked many late night hours since this past spring creating a unique vehicle – part grassroots initiative and part cutting-edge technology – for countering the most corrupting force in American politics today: corporate dominance now controlling too many elected leaders on Capitol Hill.
Months before the Occupy Wall Street movement captured attention, inspiring millions across America while alarming this nation’s political/corporate class, they began fashioning plans to enable honest people to run for elected office.
Corporate welfare, subsidies, satire, humor, oil exploration, financial bailouts, mortgage crisis, agriculture subsidies, energy subsidies, Republicans
by Walter Brasch
“Got any idea how to make a frozen daiquiri?”
Saturday. 6 a.m. A question no one else would have asked at that hour. I knew it had to be Marshbaum, my faux-friend foil.
“Too early to be drinking,” I mumbled, then hung up. The phone rang again.
“It’s not for me,” said Marshbaum, but since I’m going to own a bar, I should learn how to make drinks.”
“Marshbaum,” I said, reluctantly awake, “you can’t even afford to buy soap to wash your fuzzy navel! How are you going to afford a bar?”
“The government’s going to bankroll me,” he said matter-of-factly.
“New kind of welfare?”
By Charles M. Young
Liberated Autonomous Manhattan -- In a century, community organizers will still be debating what to call Zuccotti Park/Liberty Plaza/Liberty Square. The surrounding skyscrapers will be covered with luxuriant tomato vines hanging from rooftop organic gardens. Electricity will be generated by solar panels and fermenting compost. Inside, the skyscrapers will be humming with intense conversation at the Occupy Education Graduate School of Revolutionary Studies, open to anyone willing to teach everyone wanting to learn.
Visitors to the park will meander through meticulously maintained sidewalks that wind in fractals through authentic tarps and wet sleeping bags from the early 21st century. Scent generators will alternately waft herbal cigarettes, sandalwood incense and mildew into the breeze.