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Mass. Sues JPMorgan, BofA Over Foreclosures

Mass. Sues JPMorgan, BofA Over Foreclosures | The Occupy Movement and Related Issues | Scoop.it

JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC) and Citigroup Inc. (C) were among five banks sued by Massachusetts for allegedly conducting unlawful foreclosures and deceiving homeowners.
Massachusetts Attorney General Martha Coakley filed the lawsuit today against the three banks, as well as Wells Fargo & Co. (WFC) and Ally Financial Inc., in state court in Boston. The banks are accused of engaging in unfair and deceptive trade practices in violation of state law, according to the attorney general.
“We believe the stakes could not be higher at this stage of the game,” Coakley said at a press conference in Boston. “The foreclosure crisis continues to be at the root of the economic mess that we find ourselves in and our inability to turn it around.”
State attorneys general across the country have been negotiating a possible settlement with the five banks that would resolve a probe into foreclosure practices that began more than a year ago following disclosures that faulty documents were being used to seize homes.

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How Republicans are being taught to talk about Occupy Wall Street

How Republicans are being taught to talk about Occupy Wall Street | The Occupy Movement and Related Issues | Scoop.it

ORLANDO, Fla. -- The Republican Governors Association met this week in Florida to give GOP state executives a chance to rejuvenate, strategize and team-build. But during a plenary session on Wednesday, one question kept coming up: How can Republicans do a better job of talking about Occupy Wall Street?
"I'm so scared of this anti-Wall Street effort. I'm frightened to death," said Frank Luntz, a Republican strategist and one of the nation's foremost experts on crafting the perfect political message. "They're having an impact on what the American people think of capitalism."

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Money Talks for the People

Money Talks for the People | The Occupy Movement and Related Issues | Scoop.it
Money talks, but not loud enough for the 99%. By circulating dollar bills stamped with fact-based infographics, Occupy George informs the public of America's daunting economic disparity one bill at a time.
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Arundhati Roy: 'The people who created the crisis will not be the ones that come up with a solution'

Arundhati Roy: 'The people who created the crisis will not be the ones that come up with a solution' | The Occupy Movement and Related Issues | Scoop.it
Arun Gupta: The prize-winning author of The God of Small Things talks about why she is drawn to the Occupy movement and the need to reclaim language and meaning...
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Beware of falling masonry

Beware of falling masonry | The Occupy Movement and Related Issues | Scoop.it

The crisis in the euro area is turning into a panic and dragging the zone into recession. The risk that the currency disintegrates within weeks is alarmingly high





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The Guardian 99% v 1% the data behind the Occupy movement - animation.

From: The Guardian

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Chaptur - occupy wall street

Chaptur - Be There as it Happens...
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Naomi Wolf | author, social critic, and political activist

Naomi Wolf | author, social critic, and political activist | The Occupy Movement and Related Issues | Scoop.it

Author, social critic, and political activist Naomi Wolf raises awareness of the pervasive inequities that exist in society and politics. She encourages people to take charge of their lives, voice their concerns and enact change.

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Journalist Demonstrates How to Successfully Resist Police Intimidation and Defend Your Rights (Video)

 How to successfully Resist Police Intimidation and Defend Your Rights OccupyTVNY on Nov 22, 2011 An intrepid journalist defends his first amend...


Via nadia dresscher
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Economist's View: Paul Krugman: We Are the 99.9%

The wealthy can pay more in taxes without endangering the economy's ability to create jobs: We Are the 99.9%, by Paul Krugman, Commentary, NY Times: “We are the 99 percent” is a great slogan. It correctly defines the issue as...
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BBC News - Hardtalk - Anger at bankers 'perfectly legitimate'

BBC News - Hardtalk - Anger at bankers 'perfectly legitimate' | The Occupy Movement and Related Issues | Scoop.it
Former JP Morgan Executive, Bill Winters, who sat on the UK government's Independent Commission on Banking, talks about the anger being directed at bankers.

 

Bankers saw their popularity plummet in the wake of the financial crisis - some were reduced to becoming hate-figures.
In the UK, the government appointed a commission to recommend major banking reforms to help prevent future billion dollar bailouts by the taxpayer.
HARDtalk's Zeinab Badawi spoke to Bill Winters who sat on that commission and is also one of London's best known financiers. Can the greed and ineptitude of the bankers that he speaks of be stopped and what about his own record?

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BBC News - Hardtalk - Keen: Government should print money to pay off our debts

BBC News - Hardtalk - Keen: Government should print money to pay off our debts | The Occupy Movement and Related Issues | Scoop.it

Economist Steve Keen is one of the few economists to have predicted the global financial crisis and now he says we are already in a Great Depression. He says the way to escape it is to bankrupt the banks, nationalise the financial system and pay off people's debt.
He admits what he is advocating is radical but says it is time governments gave money to debtors to pay down debt instead of to creditors such as banks who have held onto it.

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Occupy Everywhere: Michael Moore, Naomi Klein on Next Steps for the Movement Against Corporate Power

Occupy Everywhere: Michael Moore, Naomi Klein on Next Steps for the Movement Against Corporate Power | The Occupy Movement and Related Issues | Scoop.it

How does the Occupy Wall Street movement move from "the outrage phase" to the "hope phase," and imagine a new economic model? In a Democracy Now! special broadcast, we bring you excerpts from a recent event that examined this question and much more. "Occupy Everywhere: On the New Politics and Possibilities of the Movement Against Corporate Power," a panel discussion hosted by The Nation magazine and The New School in New York City, features Oscar-winning filmmaker and author Michael Moore; Naomi Klein, best-selling author of the "Shock Doctrine: The Rise of Disaster Capitalism"; Rinku Sen of the Applied Research Center and publisher of ColorLines; Occupy Wall Street organizer Patrick Bruner; and veteran journalist William Greider, author of "Come Home, America: The Rise and Fall (and Redeeming Promise) of Our Country."

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A Banker Speaks, With Regret

A Banker Speaks, With Regret | The Occupy Movement and Related Issues | Scoop.it
A former banker for Chase Home Finance speaks up about how executives were encouraged to make subprime mortgages.

 

If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and other bankers are mostly responsible for the country’s housing mess.

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Ann Coulter Advocates Shooting Occupy Protesters

Ann Coulter Advocates Shooting Occupy Protesters | The Occupy Movement and Related Issues | Scoop.it
Ann Coulter thinks we need a repeat of Kent State.

 

Not everyone agrees with the Occupy Wall Street movement, nor do they have to. Many might not even sympathize with the protesters when they are shot with tear gas cannisters, beaten with nightsticks, or sprayed with pepper spray. But it takes a special breed of *sshole to publicly wish for a repeat of the Kent State shootings. As it turns out, Ann Coulter is that kind of *sshole.

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Otherwise occupied: What price revolution?

Otherwise occupied: What price revolution? | The Occupy Movement and Related Issues | Scoop.it
The Occupy voices represent either America waking up at last, or its final, futile protests about to be smothered by dumb money and dumb force.
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Kucinich Asks Holder Why Justice Department Is Investigating Antiwar Activists | The Dissenter

Kucinich Asks Holder Why Justice Department Is Investigating Antiwar Activists | The Dissenter | The Occupy Movement and Related Issues | Scoop.it
Rep. Dennis Kucinich (D-OH) has written a letter to Attorney General Eric J. Holder expressing concern about an investigation into antiwar activists in Minneapolis and Chicago. The congressman is the latest member of Congress to send Holder a letter on this matter.

In September of last year, the FBI raided seven homes and an antiwar office in the Midwest. Fourteen activists in Illinois, Minnesota and Michigan were handed subpoenas to testify before a grand jury (months later, in December, nine Palestinian solidarity activists in Chicago were given subpoenas). Each of the activists had prior involvement in the Twin Cities Antiwar Committee, the Palestine Solidarity Group, the Colombia Action Network, Students for a Democratic Society and/or the Freedom Road Socialist Organization. They had all participated in a major anti-war march held at the 2008 Republican National Convention.

 

Kucinich’s letter raises two key questions. One, why was an undercover agent assigned to infiltrate groups planning peaceful protests at the 2008 Republican National Convention?

Kucinich asks, “If the justification for that assignment was to determine whether any violent activities were being planned, why was that undercover operation continued after the Convention was over?

Secondly, Kucinich asks for an explanation for why “small, local groups” are being targeted. He notes the focus of the investigation seems to be that these groups “provided ‘material support or resources’ to foreign terrorist organizations,” which “defies credibility.” He asks Holder why former Attorney General Michael Mukasey, former Homeland Security Director Tom Ridge, former White House security adviser Frances Townsend and former New York Mayor Rudy Giuliani, who have publicly expressed “their support for the Mujaheddin-e-Khalq (MEK), are not being targeted for “material support for terrorism.”

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Who killed the euro zone?

Who killed the euro zone? | The Occupy Movement and Related Issues | Scoop.it
THERE are many facets to the crisis in the euro zone, but at heart the problem is fairly straightforward.

 

THERE are many facets to the crisis in the euro zone, but at heart the problem is fairly straightforward. The euro zone developed a balance-of-payments problem; some of the countries in the single currency accumulated large external debts. To service those debts, the deficit countries need to become surplus countries, which is difficult to do without the flexibility of a floating currency. The difficulty of adjustment has led markets to doubt the solvency of some institutions, and these doubts have, in the absence of a lender-of-last-resort, metastasised into a contagion that threatens to leave banks and sovereigns bankrupt.

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Chaptur - occupy

Chaptur - Be There as it Happens...
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Disappeared News: Want news on the Occupy movement? Forget the Star-(1%)-Advertiser, get a copy of Pakistan Today

Disappeared News: Want news on the Occupy movement? Forget the Star-(1%)-Advertiser, get a copy of Pakistan Today | The Occupy Movement and Related Issues | Scoop.it

Friday, November 25, 2011

Want news on the Occupy movement? Forget the Star-(1%)-Advertiser, get a copy of Pakistan Today

 

by Larry Geller

 

You can get more news on the Occupy Wall Street movement from Pakistan Today than from our local daily newspaper.

No surprise, today’s Star-(1%)-Advertiser had nothing to say (good or bad) about Occupy Thanksgiving events last night. As I mentioned in yesterday’s Occupying our minds--with hope (11/24/2011), violence, which is rare outside of felonious assaults by the police, finds ink in the paper. Achievements do not.

No surprise, an AP report on Occupy failed to mention 3,000 dinners served by Occupy Wall Street, including 2,500 at the park, 500 sent to local communities, some to another Occupy encampment in Far Rockaway, and that they donated meals to a church and canned goods to food pantries. AP did report, of course, that the cops were called to quell the drumming. There were other AP reports for newspapers to choose from--they accommodate a wide variety of biases.

No surprise that Occupy coverage is omitted or curtailed, because our newspapers are owned by the 1%, and they see a threat to their way of life for the first time.

So I snip for you from the Pakistan paper:

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The shocking truth about the crackdown on Occupy

The shocking truth about the crackdown on Occupy | The Occupy Movement and Related Issues | Scoop.it
Naomi Wolf:

The violent police assaults across the US are no coincidence.

Occupy has touched the third rail of our political class's venality

 

US citizens of all political persuasions are still reeling from images of unparallelled police brutality in a coordinated crackdown against peaceful OWS protesters in cities across the nation this past week. An elderly woman was pepper-sprayed in the face; the scene of unresisting, supine students at UC Davis being pepper-sprayed by phalanxes of riot police went viral online; images proliferated of young women – targeted seemingly for their gender – screaming, dragged by the hair by police in riot gear; and the pictures of a young man, stunned and bleeding profusely from the head, emerged in the record of the middle-of-the-night clearing of Zuccotti Park.

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Why African Americans aren’t embracing Occupy Wall Street

Why African Americans aren’t embracing Occupy Wall Street | The Occupy Movement and Related Issues | Scoop.it
Why these protests don’t speak to African Americans.
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A Simple Solution to the Debt Crisis - Positive Money

http://www.positivemoney.org.uk - Have you ever wondered why there's so much debt? Or why the experts and authorities seem completely unable to solve the current debt crisis?

Well the reason they can't solve it is because they're trying to fix and repair the existing banking system. But the existing banking system is completely flawed. It's the existing system that has buried all of us under a massive mountain of debt.

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BBC News - Hardtalk - Winterson: Bankers committed 'crimes against humanity'

BBC News - Hardtalk - Winterson: Bankers committed 'crimes against humanity' | The Occupy Movement and Related Issues | Scoop.it

Author Jeanette Winterson has spoken about why she believes it is a writer's 'duty' to be engaged in politics.
She told Tim Franks: "I love the fact that we're camping out occupying Wall Street, occupying St Paul's - just saying, this cannot go on."
She also spoke about what the bankers have done in regards to the global economy. "It amazes me that everybody has been able to carry on with business as normal, as though there are not crimes against humanity."

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The OccupyUSA Blog for Friday (Nov. 25), With Frequent Updates | The Nation

The OccupyUSA Blog for Friday (Nov. 25), With Frequent Updates | The Nation | The Occupy Movement and Related Issues | Scoop.it
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