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Today's Top News
Protests Against Wall Street Spread Across US
NEW YORK - Protests against Wall Street entered their 18th day Tuesday as demonstrators across the country show their anger over the wobbly economy and what they see as corporate greed by marching on Federal Reserve banks and camping out in parks from Los Angeles to Portland, Maine.
Rafael Franco, from Puerto Rico, holds up a sign on the corner of LaSalle and Jackson during an Occupy Chicago protest Monday, Oct. 3, 2011, in Chicago. "Occupy Chicago" protests started Monday near the Federal Reserve Bank and Chicago Board of Trade, as demonstrators speak out against corporate greed and social inequality. (Photo: Charles Rex Arbogast / AP) Demonstrations are expected to continue throughout the week as more groups hold organizational meetings and air their concerns on websites and through streaming video.
In Manhattan on Monday, hundreds of protesters dressed as corporate zombies in white face paint lurched past the New York Stock Exchange clutching fistfuls of fake money. In Chicago, demonstrators pounded drums in the city's financial district. Others pitched tents or waved protest signs at passing cars in Boston, St. Louis, Kansas City, Mo., and Los Angeles.
A slice of America's discontented, from college students worried about their job prospects to middle-age workers who have been recently laid off, were galvanized after the arrests of 700 protesters on the Brooklyn Bridge over the weekend.
Some protesters likened themselves to the tea party movement — but with a liberal bent — or to the Arab Spring demonstrators who brought down their rulers in the Middle East.
"We feel the power in Washington has actually been compromised by Wall Street," said Jason Counts, a computer systems analyst and one of about three dozen protesters in St. Louis. "We want a voice, and our voice has slowly been degraded over time."
The Occupy Wall Street protests started on Sept. 17 with a few dozen demonstrators who tried to pitch tents in front of the New York Stock Exchange. Since then, hundreds have set up camp in a park nearby and have become increasingly organized, lining up medical aid and legal help and printing their own newspaper, the Occupied Wall Street Journal.
About 100 demonstrators were arrested on Sept. 24 and some were pepper-sprayed. On Saturday police arrested 700 on charges of disorderly conduct and blocking a public street as they tried to march over the Brooklyn Bridge. Police said they took five more protesters into custody on Monday, though it was unclear whether they had been charged with any crime.
"At this point, we don't anticipate wider unrest," said Tim Flannelly, an FBI spokesman in New York, "but should it occur the city, including the NYPD and the FBI, will deploy any and all resources necessary to control any developments."
Flannelly said he does not expect the New York protests to develop into the often-violent demonstrations that have rocked cities in the United Kingdom since the summer. But he said the FBI is "monitoring the situation and will respond accordingly."
Wiljago Cook, of Oakland, Calif., who joined the New York protest on the first day, said she was shocked by the arrests.
"Exposing police brutality wasn't even really on my agenda, but my eyes have been opened," she said. She vowed to stay in New York "as long as it seems useful."
City bus drivers sued the New York Police Department on Monday for commandeering their buses and making them drive to the Brooklyn Bridge on Saturday to pick up detained protesters.
"We're down with these protesters. We support the notion that rich folk are not paying their fair share," said Transport Workers Union President John Samuelsen. "Our bus operators are not going to be pressed into service to arrest protesters anywhere."
The city's Law Department said the NYPD's actions were proper.
On Monday, the zombies stayed on the sidewalks as they wound through Manhattan's financial district chanting, "How to fix the deficit: End the war, tax the rich!" They lurched along with their arms in front of them. Some yelled, "I smell money!"
Reaction was mixed from passers-by.
Roland Klingman, who works in the financial industry and was wearing a suit as he walked through a raucous crowd of protesters, said he could sympathize with the anti-Wall Street message.
"I don't think it's directed personally at everyone who works down here," Klingman said. "If they believe everyone down here contributes to policy decisions, it's a serious misunderstanding."
Another man in a suit yelled at the protesters, "Go back to work!" He declined to be interviewed.
Mayor Michael Bloomberg, a billionaire who made his fortune as a corporate executive, has said the demonstrators are making a mistake by targeting Wall Street.
"The protesters are protesting against people who make $40- or $50,000 a year and are struggling to make ends meet. That's the bottom line. Those are the people who work on Wall Street or in the finance sector," Bloomberg said in a radio interview Friday.
Some protesters planned to travel to other cities to organize similar events.
John Hildebrand, a protester in New York from Norman, Okla., hoped to mount a protest there after returning home Tuesday. Julie Levine, a protester in Los Angeles, planned to go to Washington on Thursday.
Websites and Facebook pages with names like Occupy Boston and Occupy Philadelphia have also sprung up to plan the demonstrations.
Hundreds of demonstrators marched from a tent city on a grassy plot in downtown Boston to the Statehouse to call for an end of corporate influence of government.
"Our beautiful system of American checks and balances has been thoroughly trashed by the influence of banks and big finance that have made it impossible for the people to speak," said protester Marisa Engerstrom, of Somerville, Mass., a Harvard doctoral student.
The Boston demonstrators decorated their tents with hand-written signs reading, "Fight the rich, not their wars" and "Human need, not corporate greed."
Some stood on the sidewalk holding up signs, engaging in debate with passers-by and waving at honking cars. One man yelled "Go home!" from his truck. Another man made an obscene gesture.
Patrick Putnam, a 27-year-old chef from Framingham, Mass., said he's standing up for the 99 percent of Americans who have no say in what happens in government.
"We don't have voices, we don't have lobbyists, so we've been pretty much neglected by Washington," he said.
In Chicago, protesters beat drums on the corner near the Federal Reserve Bank of Chicago. In Los Angeles, demonstrators hoping to get TV coverage gathered in front of the courthouse where Michael Jackson's doctor is on trial on manslaughter charges.
Protesters in St. Louis stood on a street corner a few blocks from the shimmering Gateway Arch, carrying signs that read, "How Did The Cat Get So Fat?,""You're a Pawn in Their Game" and "We Want The Sacks Of Gold Goldman Sachs Stole From Us."
"Money talks, and it seems like money has all the power," said Apollonia Childs. "I don't want to see any homeless people on the streets, and I don't want to see a veteran or elderly people struggle. We all should have our fair share. We all vote, pay taxes. Tax the rich."
Verena Dobnik, Karen Matthews, Cristian Salazar and Jennifer Peltz in New York; Jim Suhr in St. Louis; David Sharp in Portland, Maine; Mark Pratt in Boston; Patrick Walters in Philadelphia; Pete Yost in Washington; Bill Draper in Kansas City, Mo.; Carla K. Johnson in Chicago, and Christina Hoag and Robert Jablon in Los Angeles contributed to this report.
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59 Comments so far
Show AllSilence is a crime against humanity.
KILL CAPITALISM
And bury it for good so its memory will utterly perish from the earth that she may live.
vaialdiavolo,
And after it's buried put a 24/7 guard around the grave and post a sign that says : Penalty for digging up this predatory POS is life imprisonment in a nuclear reactor used fuel pool building.
Bloomberg is full of it. Wall Street is EXACTLY the right place to target because the pro war and society impoverishing policies ALL FLOW FROM THAT HEART OF GREED TO THE GOVERNMENT!
And my heart is pumping ice water for any greed loving gopher that participates, even at entry level broker wages. The corruption forced on EVERYONE that walks in the door of the NYSE has been documented by Max Keiser who worked there several years. The corruption with manager "fees" (thinly disguised bribes) at multiple levels and for a variety of "services" would make a gangster dizzy.
There are no innocents in the NYSE.
A way must be found to accomplish a sit in at the NYSE. Wall Street should be the target and the youth get it obviously and courageously.
No, I would not like its' memory forgotten, lest it arise again and some future generations be forced to relive the misery it creates. Let it live forever in infamy. dh
To Donkey Hote
You deserve your post name, almost ALL is about MEMORY, DNA or HISTORY, the merry go around of war & "peace" every fifty years OR until the dirty dozen of sociopaths reach power through cannibal capitalism, I forgot what I was gonna say......
We used to tell our own stories around a fire for thousands of years, NOW cnn&fox does it 4us, perhaps thats part of the problem, WAIT a minute, it looks like we're back to the circle of fire lets tell our story one more time.....
No terror no torture just truth
I get your meaning but burying it for good will entail a re-education, an uprooting of very deep unconscious patters in the race so much so as to liberate us. A daunting task to be sure and perhaps it is really up to each one of us to accomplish this: Civilization is one person at a time.
I support Ron Paul,,, why?
He is pro-constitution, anti-patriot act, ant-war, and anti-FED.
What more is there to say, we wont have a country or Freedom , if we dont address and correct what is really tearing our democracy , civil liberties,economy and pocket books part.
Yep. To think people of color, the gay community and women are going to surrender their hard won rights is to be delusional. If we are to "live"--if you can call it that--in a nation without any government protections and at the mercy of corporations why have a country at all?
My perspective as a left anarchist is to say that I think you are crazy if you think the government is "protecting" gay people, people of color or the poor. Who gets arrested the criminals at Goldman Sachs or people protesting on the Brooklyn Bridge? Big states are just as predatory as big capital, we need to break up D.C. and rebuild our communities on a human scale with direct democracy, co-ops, windmills, community, gardens, local health clinics, etc. Big institutions, public or private, are the problem not the solution.
http://www.panarchy.org/kohr/power.html
What is the Federal Reserve for example but a collusion between big private wealth, and big government power?
My meaning has to do with a government created for the people NOT what we have currently. These hard won rights are the steps toward a new society. But even in what we currently have people will not simply allow what they HAVE gained to be simply taken away as the revolts are demonstrating. There comes a tipping point. If you are going to have a government--and it can look like a society of elders--, then let it be for the PEOPLE. And yes, Small is definitely beautiful and Native peoples have been way ahead of the rest.
Privilages! not Rights! Rights cannot be taken away. You lose privilages just because some Right or Leftwing nutball gets into office! Think about it Dems supported slavery, A republican... Lincoln ended it! Currently a Dem Obama is working to take our privilages, Not to be molested at whim by goverment functionarys! Not have your property stolen by Emminant Domain! Barry supports all theses things and more.
>^^<
Do forget he named his son "Rand". I don't care if he's against the war, I don't trust that motherfucker.
I say time for real change.
Jello Biafra for President...."there's always room for jell-o".
He would have no regulations on the very corporations that are out of control. And, his opinions against women, who need safe and legal access to abortion, is no different than the most right wing. Private only, or home schooled education as well. He is a real dream boat.
Free markets but man, born free, is everywhere in chains: I'd say there is a lot more to say and I would start with a definition of "freedom" then I'd move on to examine this constitution and recall that its founders were European representatives of invaders-genocidal maniacs-slavers that still occupy Indian country, a bunch of white boys who denied the very humanity of half their own sex and entire peoples-Indigenous and black people--and ask your self finally if we really can't do better than a "half-a-loaf" if even that.
If you choose tolive in this world you will always have chains (Cash)(Credit Cards) (Mortgages) the only way to be free of that is to walk away, Maybe on the poles somewhere hunt for seal and whales to feed your self! (at least till greenpeace shows up to re-educate you, and bring you back into the world) lol
>^^<
Do you really think the government is protecting you from corporations? Does corporate "person", and Federal (private banker) Reserve, ring a bell? It's time to drop this idea of the government protecting us from corporations (they don't) and WALK AWAY from them by not being dependent on them by not buying their shit. Grow your own food, buy at co-ops, and buy used and start pounding nails into the coffin of corporate dominance.
ron paul is a a politition&i don;t trust him!!that said,if he aor anyone else elected in this corrupt system tried to change anything the powers to be want in place,they will blow his brains out like they did to J F K !!!!!!!our present system in washington is totally evil,corrupt&broken and is beyound repair,so we need not waste anymore time believing we can repair this evli,murderous system/time to move on with a real,prolonged revolution to create the country we all want!! ho ka hey/it is a good time to live!
I've been calling my senators and representative almost everyday.
Raise the capital gains tax rate and impose a per transaction fee on stock trades. Both of these measures would reduce speculation, raise revenues and creat a somewhat more fair system.
BRAVO to the protesters!!!!
Although they need to be part of REAL financial industry and tax reform, neither of those measures would reduce speculation. Investors invest based on the intrinsic value of the investment, not fees and taxes.
Speculation will be controlled only after all of FDR's New Deal financial industry regulations are restored and new regulations added to address financial "products" introduced during the past 33 years of tearing down the New Deal,
From 1935 until financial industry decriminalization (eupemistically called deregulation) started in 1978, regulations kept the financial industry under control and providing services that benefitted the main street economy and society in general..
This article is just chock full of corporate payola propaganda, and squarely aligned against this movement. It is AP of course.
Surely you don't mean this:
-------------------
"The protesters are protesting against people who make $40- or $50,000 a year and are struggling to make ends meet. That's the bottom line. Those are the people who work on Wall Street or in the finance sector," Bloomberg said in a radio interview Friday.
-------------------
Why, that little soundbite from Mr. Bloomberg swayed me. What was I thinking, anyway? And why are all these crazy misinformed demonstrator loonies protesting the efforts of people bringing home 40k per year? Geesh, are they ever barking up the wrong tree. I think they should just get back to work at their Wal-Mart jobs. At first, I thought that the banking industry was organized by people in it for the big bucks. Now, thanks to Mr. Bloomberg, I know that the captains of finance just are struggling along. They probably perform their jobs for altruistic reasons. Sort of like Peace Corps volunteers. I'm sure the salary just allows them to pick up a few groceries (potatoes and cabbage, for soup) before they trudge home to their dingy studio apartments in the Bronx, doing their laundry by hand at night to save quarters they might otherwise squander at the laundromat. Thank god we have them. Like Mr. Bloomberg. He probably had to save really hard in order to acquire the bajillions of dollars that allow him to purchase the mayor's office.
If all of us only had a similar work ethic, discipline and foresight, what a country we would have.
Not that it vindicates him one bit, but I think it was originally reported that Bloomer made that comment in reference to the protests outside police headquarters, i.e., the police are the ones making $40-50K a year, not the financiers. If he is indeed talking about the financiers, he's really living on another planet. (Of course protesting police brutality has nothing whatsoever to do with how much money the police happen to make...)
Poor little 40 to 50,000 dollar alligators. NOT!
Time for a sit-in at the NYSE. Also, sympathetic bus drivers should consider parking their buses around Wall street blocking all entrances to make the area safer for the protestors to occupy for real.
"The protesters are protesting against people who make $40- or $50,000 a year and are struggling to make ends meet. That's the bottom line. Those are the people who work on Wall Street or in the finance sector," Bloomberg said in a radio interview Friday."
Bloomberg is handily evading the issue. Its not the workers, its the oligarchy's Wall Street Casino they are protesting. The institution that is making its own and other workers struggle to make ends meet while it funnels all the money to the top 1%. That is the bottom line
This part jumped out at me:
"At this point, we don't anticipate wider unrest," said Tim Flannelly, an FBI spokesman in New York, "but should it occur the city, including the NYPD and the FBI, will deploy any and all resources necessary to control any developments."
SEIG HEIL
Before its too late... Liberals arm yourselves!
Arm yourselves with GOLD coins for when all of this $hit crumbles. It's coming sooner than we think.
If you haven't already listened to Mike Maloney on the "Debt Collapse", it might be a good idea to listen at http://goldsilver.com/the-debt-collapse-and-why-gold-silver-are-rising/?utm_source=Invertise&utm_medium=Banner%2BAd&utm_campaign=Debt%2BDeflation. You won't be sorry for spending the time!
Unless you use it for buying guns and ammo, a lot of good saving GOLD did for the jews in Nazi Germany.
Guns, Ammo, and CATFOOD because you can't eat guns or ammo! lol
>^^< meow
Right on brother!
Regime change -- in America for a change!
Bring down the Evil Empire, its military-industrial-congressional complex, and its "objective" media (starting with the American Pravda, The New York Times and NPR, National Pentagon Radio).
"Not a single victory of political freedom over the feudal class was won except against desperate resistance. Not a single capitalist country evolved on a more or less free and democratic basis except by a life-and-death struggle between the various classes of capitalist society". - Vladimir Ilyich Lenin
Why march against a broken system that isn't worth fixing? What would happen if all these people, all over the country spent their time and energy developing community farms, starting local currency systems and cottage industries? Wanna bring down Wall Street? Stop consuming, start farming.
So you got something you can teach the revolution.
leafygreens,
Here's the problem with your logic. The people that run Wall Street are GREEDY. They know damned good and well that you produce something of value on the farm. They WILL use the government to FORCE you to give them a "piece of the action", so to speak. You can't avoid them. They want it ALL.
You can isolate yourself and build a nice horizontal, non-hierarchical, egalitarian socialist style small farming village that is a self-sustaining utopia and the Wall Street goons, using government enforcers, will turn you into their slave.
Did you ever wonder how all those families in the 1930s lost their farms? NO, it wasn't the "dustbowel". That's total bullshit. Sure, there was a drought. All they needed to get through it was low or zero interest loans. It was FINANCE CAPITAL DENIED to the farmers. The exact reverse of what just happened to banks in 2008. Had those Okies been given zero interest loans with indefinite time scales to pay back like the sweetheart deal the banks just got in 2008 compliments of our crooked government, they would NEVER HAVE LOST THEIR FARMS TO BIG AGRICULTURE! The wealthy investors on Wall Street USED the drought to do a massive land grab in the midwest. The history books completely leave that "minor detail" out (unless you dig deeper and do some research).
Greedy Bullies MUST BE CONFRONTED or they will EAT YOU ALIVE, GET IT?
Doing that, thank you very much. dh
I think these nascent occupying demonstrations go way beyond "howling in the wind" and do represent an amalgamation of many ethnic, religious, cultural, economic, environmental and political movements. Take a look at Michael Moore’s recent interviews on 'Democracy Now' for more insight and discussion.
We are the 99% and have the advantage of instant audio, graphic and video communication. Now remember what the mostly uneducated, isolated and much-maligned American farmers accomplished in the late 1700's, in what is called Shays Rebellion, even without our instant communication. They revolted against economic unfairness in what has been called the second Revolutionary War. It's worth researching the remarkable parallel of the post-revolutionary Shay's Rebellion to today’s class warfare struggles. Many of these simple farmers were Revolutionary War soldiers who were told that they were fighting for economic and social justice and then after the War discovered that they couldn’t pay their farm mortgages because they were never paid for their war efforts and some maintained that they were lied to about their farm mortgage payback terms. Though the farmer’s rebellion against the plutocracy of the Boston, Ma-based elitist bankers, merchants and lawyers, was defeated by a monied militia, it wasn’t long before the US Constitution was developed. Be inspired by what these farmers achieved when you tell the plutocracy that you are ”mad as hell and won’t take it anymore”.
And the Whiskey Rebellion was Trans-Appalacian farmer's response to Hamiltons successful intentional Bankruptcy of farmers through untenable taxes on their cash product, Whiskey. These taxes were aimed at supporting big business coastal distillers.
5,000 armed Union coal miners fought sherriffs, Army and Air Force in a days long battle on an Appalacian moutaintop early in 20th century.
A dynamite wagon blew up near the Federal Reserve on Wall Street during the period of anarchistic violence of the early 20th century, source of wagon never discovered.
revolution needs no permit.
And who would trust one if it did?
Hilo, Hawaii had a solidarity demonstration on Monday, 10/3/11. The paper reported 100 participants; and it was announced only 24 hours earlier.
I bet the guys who own Wall Street...the richest of the rich don't live at or see much of Wall Street.
The majority of clerks and brokers working 9 to 5 there... why would't they feel as much a pawn in the game as the rest of the country?
Most economists think it is over anyway. America is just wakin-up to the unreality of reality TV.
I bet the guys who own Wall Street...the richest of the rich don't live at or see much of Wall Street.
You are absolutely correct. "Your Broker is as near as your phone."
Just like our war criminals and military brass don't attend or see their wars at first hand. Just send in the cannon fodder and rake in the money.
Our Kleptocracy is like rats in a grain bin. What they can't eat, they piss on. We need some rat poison, badly!
Cspan Robert Reich on Take back the American Dream
http://www.youtube.com/user/WaronErrorDKos#p/u/0/CUygt4swruU
Trickle down is a fraud
Protest or find another country, what other choice do people have?
Protest is the only option because global finance capital, using JSOC goons and bribed governments, will track you down anywhere on earth. There is no place to run to anymore. Even if you have no assets, you will pay through the nose for the necessities of life in addition to anythting extra. Fees for everything as far as the eye can see and a Wall Street predator can scheme into existence is the greedster globalist plan.
We will not have any respite from these predatory people on Wall Street until their power over the government and the military is cut off.
As I said in another post on this thread, greedy bullies must be confronted or they will eat you alive. The "good Germans" among us will rue the day that they ignored this threat to common decency.
Protester sign asks:
"How Did The Cat Get So Fat?"
Answer:
"The poor are a source of great wealth" - Nelson Rockefeller
Example:
A few dollars every month from millions of people amounts to a lot of money, and there we are - "paying a central entity [corporations] for things we all use" - the phone bill, the power bill, the gas bill, gasoline for the car, etc etc.
We have been steered away from self-sufficiency, such as in energy. Solar panels on your garage that power your electric car is unheard of, but WHY?? Its a great idea, many people would benefit greatly from that setup. Both the electric car, and solar panels, have been "discouraged".
"For things we all need and use every day, year in and year out" - that is where Government could really help average people, in providing those things at a lower cost than corporations could possibly charge because they have to produce PROFITS. Don't fall for the false idea that privatisation is good for poor people because the tax revenue comes back to the poor... or that this privatised arrangement provides jobs - those same jobs need doing if it were a government run operation.
The solution is easy, if you can get it done.
Tax the corporation until they pay their fair share.