November, 18 2011, 12:06am EDT
For Immediate Release
Contact:
press@occupywallst.org
Beka Economopolous, 917-202-5479
Michael Premo, 917-547-1292
Bill Dobbs, 917-822-5422
November 17: Historic Day of Action for the 99%
Tens of thousands took action Thursday, November 17 to demand that our political system serve all of us -- not just the wealthy and powerful. The NYPD estimated tonight's crowd at 32,500 people, at the culmination of the day of action. Thousands more also mobilized in at least 30 cities across the United States. Demonstrations were also held in cities around the world.
NEW YORK
Tens of thousands took action Thursday, November 17 to demand that our political system serve all of us -- not just the wealthy and powerful. The NYPD estimated tonight's crowd at 32,500 people, at the culmination of the day of action. Thousands more also mobilized in at least 30 cities across the United States. Demonstrations were also held in cities around the world.
"Our political system should serve all of us -- not just the very rich and powerful. Right now Wall Street owns Washington," said participant Beka Economopoulos. "We are the 99% and we are here to reclaim our democracy."
New York led the charge in this energizing day for the emerging movement. In the wake of billionaire Mayor Michael Bloomberg's predawn raid of Occupy Wall Street at Liberty Square, 1:00am Tuesday morning, thousands of people throughout the five boroughs and the greater region converged to take peaceful action. Following Bloomberg's action, the slogan "You can't evict an idea whose time has come" became the new meme of the 99% movement overnight. The mobilization today proved that the movement is on the ascent and is capable of navigating obstacles.
The day started at 7am with a convergence of a few thousand people on Wall Street. All entry points to the New York Stock Exchange were blockaded. 'People's mics' broke out at barricades, with participants sharing stories of struggling in a dismal and unfair economy.
Through the course of the day, at least 200 people were arrested for peaceful assembly and nonviolent civil disobedience, included City Council Member Melissa Mark Viverito, City Council Member Jumaane Williams, Workers United International Vice President Wilfredo Larancuent, SEIU International President Mary Kay Henry, SEIU 1199 President George Gresham, CWA Vice President Chris Shelton, CWA Vice President , Fr. Luis Barrios of the Interreligious Foundation for Community Organization-IFCO, retired Philadelphia Police Captain Ray Lewis, and many others.
"All the cops are just workers for the one percent, and they don't even realize they're being exploited," retired Police Captain Ray Lewis said. "As soon as I'm let out of jail, I'll be right back here and they'll have to arrest me again."
57-year-old bond trader Gene Williams joked that he was "one of the bad guys" and said supportively, "The fact of the matter is, there is a schism between the rich and the poor and it's getting wider."
At 3:00pm, thousands of students converged at Union Square in solidarity with Occupy Wall Street. They held a teach-in to discuss their concerns about the prospect of a lifetime of debt and economic insecurity. They held a student General Assembly and marched en masse to Foley Square.
The rally at Foley Square was electric. It was remarkably diverse in participation, across race, religion, gender, and age. As the rally concluded, thousands of participants walked across the Brooklyn Bridge, holding up lights -- for a "festival of lights" to mark two months since the birth of the "99% movement". (November 17 marks two months since the start of Occupy Wall Street at Liberty Square.)
"I worked hard and played by the rules, but when budget cuts hit last year I lost my job as an EMT and now I'm about to lose my family's home," said Bronx resident Carlos Rivera. "I'm sitting down on the Brooklyn Bridge today because it's not fair that our taxpayer dollars bailed out big banks like my mortgage holder, Bank of America, but they refuse home-saving loan modifications for struggling families like mine. It's time banks and the super wealthy paid their fair share and Congress helped people get back to work."
Interviews available upon request.
Occupy Wall Street is a people-powered movement that began on September 17, 2011 in Liberty Square in Manhattan's Financial District, and has spread to more than 100 cities in the United States and actions in over 1,500 cities globally. For more visit https://occupywallst.org
LATEST NEWS
Extending Trump Tax Cuts Would Add $4.6 Trillion to Deficit: CBO
"We can't afford 10 more years of giveaways to the wealthy and corporations and fail to invest in the people who drive our economy," said the head of Groundwork Collaborative. "This tax law should expire."
May 08, 2024
As former U.S. President Donald Trump and congressional Republicans campaign on extending their 2017 tax cuts if elected in November, a government analysis revealed Wednesday that doing so would add $4.6 trillion to the national deficit.
When Trump signed the Tax Cuts and Jobs Act during his first term, the initial estimated cost was $1.9 trillion. Last year, the Congressional Budget Office (CBO) projected that extending policies set to expire next year would cost $3.5 trillion through 2033.
The new CBO report—sought by U.S. Senate Budget Committee Chair Sheldon Whitehouse (D-R.I.) and Senate Finance Committee Chair Ron Wyden (D-Ore.)—says continuing the income, business, and estate tax cuts will now cost $4.6 trillion through 2034.
"The Republican tax plan is to double down on Trump's handouts to corporations and the wealthy, run the deficit into the stratosphere, and make it impossible to save Medicare and Social Security or help families with the cost of living in America."
Responding in a statement Wednesday, the senators cited an Institute on Taxation and Economic Policy (ITEP) estimate that "extending the Trump tax cuts would create a $112.6 billion windfall for the top 5% of income earners in the first year alone."
They also slammed their GOP colleagues, who Whitehouse said "are awfully eager to shield their megadonors from paying taxes."
He recalled that just last year, "Republicans held our entire economy hostage," refusing to raise the debt ceiling and risking the first-ever U.S. default, because they didn't want the Internal Revenue Service to get more funding to "go after wealthy tax cheats."
"Remember the Trump tax scam cutting taxes for billionaires and big corporations," Whitehouse continued. "Now they're set on extending those tax cuts, even though it would blow up the deficit. The Trump tax cuts were a gift to the ultrarich and a rotten deal for American families and small businesses. With their impending expiration, we have a chance to undo the damage, fix our corrupted tax code, and have big corporations and the ultrawealthy begin to pay their fair share."
Wyden similarly took aim at the GOP, warning that "the Republican tax plan is to double down on Trump's handouts to corporations and the wealthy, run the deficit into the stratosphere, and make it impossible to save Medicare and Social Security or help families with the cost of living in America."
"Republicans have planned all along on making Trump's tax handouts to the rich permanent, but they hid the true cost with timing gimmicks and a 2025 deadline that threatens the middle class with an automatic tax hike if they don't get what they want," he argued. "In short, they're focused on helping the rich get richer, and everybody else can go pound sand. Democrats are going to stand by our commitment to protect the middle class while ensuring that corporations and the wealthy pay a fair share."
Groundwork Collaborative executive director Lindsay Owens also responded critically to the CBO report, saying Wednesday that "extending Trump's tax law and effectively subsidizing corporate profiteering and billionaire wealth is a nonstarter."
"This tax law, on top of decades of failed trickle-down cuts, has come at the expense of workers and families," Owens stressed. "We can't afford 10 more years of giveaways to the wealthy and corporations and fail to invest in the people who drive our economy. This tax law should expire."
While some of the tax cuts in the 2017 law are temporary—unless they get extended—the legislation permanently slashed the statutory corporate tax rate from 35% to 21%. As Common Dreamsreported last week, a new ITEP analysis shows that tax rates paid by big and consistently profitable corporations dropped from 22% to 12.8% after the law's enactment.
Keep ReadingShow Less
Sanders, Khanna Lead Push to Tackle Medical Debt Crushing US Workers
"The time has come to cancel all medical debt and guarantee healthcare to all as a human right, not a privilege," said Sen. Bernie Sanders.
May 08, 2024
A quartet of progressive U.S. lawmakers on Wednesday introduced bicameral legislation "to eliminate all $220 billion in medical debt held by millions of Americans, wipe it from credit reports, and drastically limit the accrual of future medical debt."
The Medical Debt Cancellation Act—introduced by Sen. Bernie Sanders (I-Vt.), Rep. Ro Khanna (D-Calif.), Sen. Jeff Merkely (D-Ore.), and Rep. Rashida Tlaib (D-Mich.)—is a four-point plan for ending the medical debt that's crushing so many working-class Americans.
"Our current healthcare system is bankrupting Americans."
"The medical debt crisis has exploded in recent years, decimating Americans' bank accounts and deterring them from seeking healthcare," Sanders' office said in a statement. "Among all working-age adults in the United States, an estimated 27% are currently carrying medical debt of more than $500, and 15% have medical debt loads of $2,000 or more."
If passed, the Medical Debt Cancellation Act would:
- Amend the Fair Debt Collection Practices Act, making it illegal to collect medical debt incurred prior to the bill's enactment and creating a private right of action for patients;
- Amend the Fair Consumer Credit Reporting Act, effectively wiping medical debt from credit reports by preventing credit reporting agencies from reporting information related to debt that arose from medical expenses;
- Create a grant program within the U.S. Department of Health and Human Services to cancel medical debt, prioritizing low-resource providers and vulnerable populations; and
- Amend the Public Health Service Act, updating billing and debt collection requirements to limit the potential for future debt to be incurred.
"This is the United States of America, the richest country in the history of the world," said Sanders. "People in our country should not be going bankrupt because they got cancer and could not afford to pay their medical bills. No one in America should face financial ruin because of the outrageous cost of an unexpected medical emergency or a hospital stay."
But many do. In 2018 alone, 8 million people in the U.S. were driven into poverty due to medical debt. According to Sanders' office, nearly three-quarters of U.S. adults say they are worried about unexpected medical bills and nearly 1 in 4 people report having foregone medical treatment over cost concerns—including almost 20% of adults covered by health insurance.
"The time has come to cancel all medical debt and guarantee healthcare to all as a human right, not a privilege," said Sanders, a longtime proponent for Medicare for All in the only industrialized nation without universal coverage.
Khanna lamented that "our current healthcare system is bankrupting Americans."
"I've heard heartbreaking stories from constituents who have skipped doctor's appointments due to cost, who have lost loved ones because they couldn't afford their medication, and who aren't able to buy a house or get a job because of crippling medical debt," the congressman said.
"I'm so proud to join Sen. Sanders to cancel medical debt, wipe it from credit reports, and reform our system going forward," he added. "This bill would transform the lives of millions of Americans and I couldn't ask for a better partner in the fight."
This isn't Congress' first attempt to address the issue of medical debt. Last year, Tlaib
introduced the Restoring Unfairly Impaired Credit and Protecting Consumers Act, which would reduce the amount of time that negative information remains on a credit report from seven years to four and compel reporting agencies to erase adverse data stemming from "predatory loans and fraudulent activity."
Keep ReadingShow Less
Study Links Abortion Restrictions and Intimate Partner Homicide
"In thinking about pregnancy itself as a risk factor for homicide, it follows that the ability to prevent or end a pregnancy" could have "immediate implications" for the safety of pregnant people, said one researcher.
May 08, 2024
A new study links abortion restrictions to an increased risk that pregnant people will be murdered by their intimate partners—and since researchers examined laws that were in place before the U.S. Supreme Court overturned Roe v. Wade and cleared the way for statewide abortion bans, the authors warn that the threat may be even greater than the analysis shows.
In the study released Monday, researchers at Tulane University looked at five separate abortion restrictions and compared them to the intimate partner homicide rates reported by the National Violent Death Reporting System at the U.S. Centers for Disease Control and Prevention.
For each of the abortion restrictions, all of which were in place from 2014-22, the rate of intimate partner homicide among women and girls of reproductive age rose 3.4%.
The researchers found that extrapolated across the United States, an additional 24 women were killed by their intimate partners over the time period.
The study controlled for domestic violence risk factors including income inequality and gun ownership.
Intimate partner homicide is "consistently among the leading causes of death in pregnant and postpartum people," lead author Maeve Wallace, an associate professor at Tulane, toldThe Guardian.
Because it is still relatively rare, however, the research team used girls and women of reproductive age as a proxy for victims of violence who were likely pregnant or postpartum.
"In thinking about pregnancy itself as a risk factor for homicide, it follows that the ability to prevent or end a pregnancy" could have "immediate implications" for the safety of pregnant people in states with severe abortion restrictions and bans, Wallace told The Guardian.
The newspaper reported that the research "is almost certainly an underestimate of the potential risk to pregnant and postpartum women, because intimate partner violence is generally underreported."
The study is the latest research illustrating "the horrific reality for women in America," said U.S. Sen. Dick Durbin (D-Ill.).
Another study published in the Journal of the American College of Surgeons in February found a 75% higher rate of peripartum homicide—the murder of a pregnant person or within a year of their giving birth—in states that restricted abortion access from 2018-20.
Reproductive justice advocates have pointed out that at least four states with abortion bans in place also ban divorce for married people who are pregnant.
"An abusive partner oftentimes views pregnancy as a loss of control, that their victim will now not be solely dedicated to them but will have somebody else that diverts their attention away from the abusive partner," Crystal Justice, chief external affairs officer at the National Domestic Violence Hotline, told The 19th last month after the Arizona Supreme Court reinstated an 1864 abortion ban, which has since been repealed by state lawmakers but still could be in effect for part of this year.
"Not only is the state now saying with this harmful and antiquated law that you must stay pregnant against your will," Justice said, but "during that pregnancy, the state is not going to let you legally divorce your abusive partner. I can't think of anything more outrageous or cruel."
The U.S. National Domestic Violence Hotline can be reached at 1-800-799-SAFE (7233), by texting "START" to 88788, or through chat at thehotline.org. It offers 24/7, free, and confidential support. DomesticShelters.org has a list of global and national resources.
Keep ReadingShow Less
Most Popular