SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
At this moment the brave and dedicated #OccupyWallStreet protesters are in the streets of New York and cities around the world. They call the world's attention to Wall Street greed and corruption as a common source of the many crises that threaten the human future--economic, political, social, and environmental. This is a defining moment for America. It is our country's version of the uprisings occurring around the world. It is a ray of hope for democracy and real prosperity in America and beyond.
Contrary to the Wall Street propaganda, Wall Street is a job killer, not a job creator. Wall Street banks and corporations have no interest in creating jobs, educating American children, or assuring that Americans have health care and retirement security. They appeal for ever more tax breaks and regulatory relief only to have yet more money to use as they used their taxpayer provided bailout: to increase executive bonuses, pay dividends, buy other companies, buy back their own stock to increase the value of their stock options, buy political favor, create new financial bubbles, and outsource yet more jobs.
Wall Street cloaks itself in the American flag to gain public favor, but offshores its profits to avoid paying its share of America's upkeep--leaving it to the "little people" to pay for the public infrastructure on which Wall Street profits depend. Its relationship to America is that of an alien occupier who comes only to extract, not to build.
The ruckus about the budget deficit is a typical Wall Street inspired and funded political diversion. America is far from broke. Our problem is too much money in the wrong places - unjust but profitable wars, corporate bailouts, and CEO bonuses to name a few. Wall Street banks and corporations are sitting on record amounts of idle cash in the trillions of dollars. Their highest return investments are in the politicians who favor them with public subsidies, tax breaks, and freedom from public oversight. America is far from broke. Our problem is too much money in the wrong places.
Ordinary people all across America are rising up to expose Wall Street's deceptions and reclaim their country from this alien occupier. The Declaration of the Occupation of New York City enumerates Wall Street's crimes against people, country, nature, and the world. The personal stories emerging from Occupy Wall Street document our common experience under Wall Street's rule--unemployment, wages that cannot support families, dwindling retirement accounts, foreclosed homes, student debt, and deferred health care. These stories are inspiring yet more Americans to come forward.
There is also the quiet--but powerful--protest of the millions of Americans who are putting their shoulders to the wheel of change by building the new community-rooted, market-based, life-serving Main Street economies we need for a 21st century America that provides secure, adequate dignified, and meaningful livelihoods for all in a balanced relationship to nature.
The corporate media are obsessed with the question: "What do the Occupy Wall Street protesters want? What is their demand?" It should be obvious. They want their economy, their government, and their country back from the alien occupiers.
As our forebears liberated America from rule by a distant king and the British East India Company, the time has come to liberate America from Wall Street and reclaim the power Wall Street has usurped. It is time to establish democracy in America and build a national system of Main Street economies owned and accountable to people who have an inherent interest in building healthy communities with thriving local economies and healthy natural environments for themselves and their children. By the calendar it's autumn, but for many it is the beginning of the American Spring.
This blog draws from David Korten's recent presentation to a local MoveOn gathering of Olympic Peninsula progressives.
YES! Magazine encourages you to make free use of this article by taking these easy steps. This work is licensed under a Creative Commons License
Dear Common Dreams reader, The U.S. is on a fast track to authoritarianism like nothing I've ever seen. Meanwhile, corporate news outlets are utterly capitulating to Trump, twisting their coverage to avoid drawing his ire while lining up to stuff cash in his pockets. That's why I believe that Common Dreams is doing the best and most consequential reporting that we've ever done. Our small but mighty team is a progressive reporting powerhouse, covering the news every day that the corporate media never will. Our mission has always been simple: To inform. To inspire. And to ignite change for the common good. Now here's the key piece that I want all our readers to understand: None of this would be possible without your financial support. That's not just some fundraising cliche. It's the absolute and literal truth. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. Will you donate now to help power the nonprofit, independent reporting of Common Dreams? Thank you for being a vital member of our community. Together, we can keep independent journalism alive when it’s needed most. - Craig Brown, Co-founder |
At this moment the brave and dedicated #OccupyWallStreet protesters are in the streets of New York and cities around the world. They call the world's attention to Wall Street greed and corruption as a common source of the many crises that threaten the human future--economic, political, social, and environmental. This is a defining moment for America. It is our country's version of the uprisings occurring around the world. It is a ray of hope for democracy and real prosperity in America and beyond.
Contrary to the Wall Street propaganda, Wall Street is a job killer, not a job creator. Wall Street banks and corporations have no interest in creating jobs, educating American children, or assuring that Americans have health care and retirement security. They appeal for ever more tax breaks and regulatory relief only to have yet more money to use as they used their taxpayer provided bailout: to increase executive bonuses, pay dividends, buy other companies, buy back their own stock to increase the value of their stock options, buy political favor, create new financial bubbles, and outsource yet more jobs.
Wall Street cloaks itself in the American flag to gain public favor, but offshores its profits to avoid paying its share of America's upkeep--leaving it to the "little people" to pay for the public infrastructure on which Wall Street profits depend. Its relationship to America is that of an alien occupier who comes only to extract, not to build.
The ruckus about the budget deficit is a typical Wall Street inspired and funded political diversion. America is far from broke. Our problem is too much money in the wrong places - unjust but profitable wars, corporate bailouts, and CEO bonuses to name a few. Wall Street banks and corporations are sitting on record amounts of idle cash in the trillions of dollars. Their highest return investments are in the politicians who favor them with public subsidies, tax breaks, and freedom from public oversight. America is far from broke. Our problem is too much money in the wrong places.
Ordinary people all across America are rising up to expose Wall Street's deceptions and reclaim their country from this alien occupier. The Declaration of the Occupation of New York City enumerates Wall Street's crimes against people, country, nature, and the world. The personal stories emerging from Occupy Wall Street document our common experience under Wall Street's rule--unemployment, wages that cannot support families, dwindling retirement accounts, foreclosed homes, student debt, and deferred health care. These stories are inspiring yet more Americans to come forward.
There is also the quiet--but powerful--protest of the millions of Americans who are putting their shoulders to the wheel of change by building the new community-rooted, market-based, life-serving Main Street economies we need for a 21st century America that provides secure, adequate dignified, and meaningful livelihoods for all in a balanced relationship to nature.
The corporate media are obsessed with the question: "What do the Occupy Wall Street protesters want? What is their demand?" It should be obvious. They want their economy, their government, and their country back from the alien occupiers.
As our forebears liberated America from rule by a distant king and the British East India Company, the time has come to liberate America from Wall Street and reclaim the power Wall Street has usurped. It is time to establish democracy in America and build a national system of Main Street economies owned and accountable to people who have an inherent interest in building healthy communities with thriving local economies and healthy natural environments for themselves and their children. By the calendar it's autumn, but for many it is the beginning of the American Spring.
This blog draws from David Korten's recent presentation to a local MoveOn gathering of Olympic Peninsula progressives.
YES! Magazine encourages you to make free use of this article by taking these easy steps. This work is licensed under a Creative Commons License
At this moment the brave and dedicated #OccupyWallStreet protesters are in the streets of New York and cities around the world. They call the world's attention to Wall Street greed and corruption as a common source of the many crises that threaten the human future--economic, political, social, and environmental. This is a defining moment for America. It is our country's version of the uprisings occurring around the world. It is a ray of hope for democracy and real prosperity in America and beyond.
Contrary to the Wall Street propaganda, Wall Street is a job killer, not a job creator. Wall Street banks and corporations have no interest in creating jobs, educating American children, or assuring that Americans have health care and retirement security. They appeal for ever more tax breaks and regulatory relief only to have yet more money to use as they used their taxpayer provided bailout: to increase executive bonuses, pay dividends, buy other companies, buy back their own stock to increase the value of their stock options, buy political favor, create new financial bubbles, and outsource yet more jobs.
Wall Street cloaks itself in the American flag to gain public favor, but offshores its profits to avoid paying its share of America's upkeep--leaving it to the "little people" to pay for the public infrastructure on which Wall Street profits depend. Its relationship to America is that of an alien occupier who comes only to extract, not to build.
The ruckus about the budget deficit is a typical Wall Street inspired and funded political diversion. America is far from broke. Our problem is too much money in the wrong places - unjust but profitable wars, corporate bailouts, and CEO bonuses to name a few. Wall Street banks and corporations are sitting on record amounts of idle cash in the trillions of dollars. Their highest return investments are in the politicians who favor them with public subsidies, tax breaks, and freedom from public oversight. America is far from broke. Our problem is too much money in the wrong places.
Ordinary people all across America are rising up to expose Wall Street's deceptions and reclaim their country from this alien occupier. The Declaration of the Occupation of New York City enumerates Wall Street's crimes against people, country, nature, and the world. The personal stories emerging from Occupy Wall Street document our common experience under Wall Street's rule--unemployment, wages that cannot support families, dwindling retirement accounts, foreclosed homes, student debt, and deferred health care. These stories are inspiring yet more Americans to come forward.
There is also the quiet--but powerful--protest of the millions of Americans who are putting their shoulders to the wheel of change by building the new community-rooted, market-based, life-serving Main Street economies we need for a 21st century America that provides secure, adequate dignified, and meaningful livelihoods for all in a balanced relationship to nature.
The corporate media are obsessed with the question: "What do the Occupy Wall Street protesters want? What is their demand?" It should be obvious. They want their economy, their government, and their country back from the alien occupiers.
As our forebears liberated America from rule by a distant king and the British East India Company, the time has come to liberate America from Wall Street and reclaim the power Wall Street has usurped. It is time to establish democracy in America and build a national system of Main Street economies owned and accountable to people who have an inherent interest in building healthy communities with thriving local economies and healthy natural environments for themselves and their children. By the calendar it's autumn, but for many it is the beginning of the American Spring.
This blog draws from David Korten's recent presentation to a local MoveOn gathering of Olympic Peninsula progressives.
YES! Magazine encourages you to make free use of this article by taking these easy steps. This work is licensed under a Creative Commons License