Occupy Wall Street: 'This Is Not A One-Day Demonstration, We're Not Leaving'
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Occupy Wall Street: 'This Is Not A One-Day Demonstration, We're Not Leaving'
Watch live streaming video from globalrevolution at livestream.com
The Occupy Wall Street protests are heading west to other cities. Many say that people from all backgrounds are coming together because it is known that the US is in trouble and something needs to change. Luke Rudkowski, independent journalist, tells us what it was like on the streets in NYC.
Occupy Wall Street' push in 10th day
Breasting a heavy police crackdown, hundreds of demonstrators rally for a 10th day against the US financial system and Wall Street practices in New York City, Press TV reports.
On Tuesday, protesters took issue again with, what they have been denouncing as corporate greed and the adverse influence of the US financial center on the country's economic trend, a Press TV correspondent reported.
The outraged public, which have been camping out in Manhattan's financial district since September 17, have been trying to make their voices heard as they condemned the corporate influence on the US politics and Wall Street's generous bailouts for banks across the country.
The anti-corporatism activists have been marching towards the site of the New York Stock Exchange on a daily basis in a protest movement daringly dubbed 'Occupy Wall Street.'
“I like to see laws that -- kind of -- contain excessive greed and risky bets that banks make that not only they risk their own banks but they risk the society and the wellness of individuals,” one protester told our reporter.
The demonstrators protested at the widening gap between the super rich and those struggling in the aftermath of the US financial crisis, saying that their main goal is to force the US President Barack Obama to establish a commission to end the influence of corporate-money on Washington's political courses of action.
At least 80 people have been arrested and dozens more injured, as demonstrators continue to denounce the excessive use of force against them by New York police officers.
During a violent clash with police on Saturday, dozens were corralled on a sidewalk and doused with pepper spray.
The demonstrators are trying to keep their campaign alive by posting videos and images to make up for what they call a virtual media blackout on the anti-government demonstrations.
The activists have stressed that heavy police crackdown has strengthened their resolve even more and say their goal is to force President Barack Obama to establish a commission tasked with ending the influence of financial corporatism on American politics.
After days of protests security was tightened even more down on Wall Street. New York police have blocked some streets and the New York Stock exchange security team has restricted access to many sideways.
Some of the US protesters say the idea to occupy the most vital financial district of the US was inspired by popular uprisings in the past months in Middle Eastern and North African countries, widely referred to as the “Islamic Awakening.”
They also state that they plan to use the revolutionary tactics people employed in countries such as Tunisia and Egypt to restore America's lost democracy.
the yellow ones more accurately, their agenda last worse mudslinging presidential election had unwittingly exposed them and discern more nowadays as it is revealing their vile agenda against the country in the name of Oligarch Greed.
even putting the country in precarious situation for Oligarch ulterior selfishness an incomptent puppet and manipulating jejemonic masses duped and dumbed by Oligarch-owned puppet media,
Oligarchs salivate on lucrative govt assets even at the expense of sick and dying beneficiaries,
with coal election financiers Oligarchs attempt to monopolize the country's basic services such as its power needs with plan to saturate Mindanao with ecologically destructive coal plants as this administration's jejemonic solution to its supposed power outages caused by El nino, obviously to profiteer at struggling consumers the moment PEAK COAL arrives.
The country is now even deliberately used to intimidate China and pit the Philippines on a war path with China, the usual 666 Global Oligarch tactic against countries thanks to its incompetent yellow puppet administration for their War Profiteerings around the globe, this time at your, your family, relatives and friend's expense.
Last edited by visionarylink; Sep 30, 2011 at 07:43 AM.
'US economy will become even worse'
From the financial crisis in 2007, to the bailouts, to President Barack Obama's latest jobs bill, the US economy still suffers.
Experts say the rising poverty rate in the United States is the result of a persisting recession and a weak labor market.
Popular protests like “Occupy Wall Street” have gained momentum.
Press TV interviewed Brent Budowsky, a columnist from Washington, to discuss the issue.
The video also offers the opinions of two other guests: Webster Tarpley and Ian Williams.
The following is the text of the interview:
Press TV So under the idea that you're talking about getting money out of politics and putting basically lots of good politics in front of social justice, Brent Budowsky, based on, obvious to say, that the US economic affairs, of course some of them being indicators of why the US is still in this economic depression, can you explain that to us?
Brent Budowsky Yes, the problem... and I agree with the last comment, what America needs to do, in fact what Europe needs to do as well, is to go back to the New Deal kind of government spending to build roads and bridges, schools and ports, to create immediate jobs and to put money into the economy.
The reason that we're having this endless crisis: number one is we're not doing that nearly enough; we're not putting money directly in the way that for many many decades has been proven that would create jobs, by hiring people with government money to rebuild right now and create the jobs right now.
Number two we're now dealing with a housing crisis and that is what worsens the overall state of the economy; we should be freezing foreclosures, rescheduling loans for those homeowners who should not be foreclosed and to prevent those homes for being dumped on the market even more.
And number three, finally, right now American families are holding and not spending over two trillion dollars of cash that they refuse to spend despite earnings that are so high.
Banks are holding and refusing to lend to consumers or small businesses another two trillion dollars of cash that they should lend and consumers and small businesses will be able to spend.
And finally American companies are holding and not spending over a trillion dollars of assets that are held abroad that they don't want to bring back to the US to create jobs until they can get no taxes on it.
So if they do those three things and only if they do those three things will we put enough money into the American economy to put enough people back to work and if they don't the crisis will continue and it will get worse.
Press TV Well Brent Budowsky, I think we agreed that the US has reached crisis levels if you want to put it, in terms of economy, jobs, education, health care. Also we can talk about the overextended war empire in terms of the spending that's done there.
These are some of the reasons behind this movement called, I'm sure you're aware the “Occupy Wall Street” protest movement. Tell us more about these protest movements, in particular this one and if they're going to be effective in any shape or form?
Brent Budowsky Well I do think they create political pressure and I think that's good. They get on television in the US and that also is good. It's a protest against Wall Street and the banking system where bailouts have paid off top investors and top bank executives who have failed.
They made bad investments. They paid a lot of money for making bad investments and then they got the bailout from the government which the taxpayers paid for.
So the Wall Street protests are basically aimed against financial banking in the Wall Street system, where all the money has gone to the top, none of the money has gone to anyone else. Not to the forty-six million poor people. Not to the jobless people. Not to the middle class in America.
And that should be the great political issue in the coming campaign. Now Obama has somewhat improved a little compared to where he was six months ago and for the last year and a half. He needs to fight much harder and he needs to be much bolder.
We need to spend federal government money today to rebuild roads and purchase - to hire people right now. We need to have a Federal Reserve Board that puts money into things like rebuilding American bonds.
I propose what the other gentleman was talking about two years ago, to create a war bond similar to the war bond of the 1940s. But instead of war, it finances jobs; it finances investments to build bridges and hire workers now.
The mistake the Federal Board made which must be corrected and is not being corrected is they gave the money to the top, to the bankers. And that money only went into speculation, into stock trading, into gold, into trading, into buying and selling every day, every hour, even every five seconds.
We need to have a monetary policy that makes lending available for average Americans to buy things and to live. That makes money available to the small business not the big business, for the small business creates jobs.
We need to make money available through government spending to create jobs as Franklin Roosevelt did and as many other presidents have done. We need to do it now and we need to do it big.
And the next term, Mr. President needs to go the American people very aggressively and push that even harder and bigger than he's been doing and put pressure on Republicans to go along, because these Republicans are killing the American economy while the Democrats and the president are trying to help, but they're not doing enough and they're not fighting hard enough.
Press TV Ok, final question Brent Budowsky, is the worse yet to come and how much worse will it get before it becomes better?
Brent Budowsky Well the worse probably is yet to come, it will get steadily worse, the one hope I have is that the American people are not only angry at Obama they are just as angry and more angry at Republicans and at the Federal Reserve Board and at everybody alive in Washington and at Wall Street.
And if the pressure gets worse - and it will - they might take action more than people think but if they don't we have a big problem and it's going to be a worse problem.
Press TV Thank you very much, columnist Brent Budowsky from The Hill, we appreciate that
Posted 3 days hrs ago:
Alessio Rastani You Tube phenomenon
Stock market trader Alessio Rastani commented on the current economic crisis to the BBC on Monday, saying, "Governments don't rule the world" but rather Goldman Sachs does and he "dreams of another recession."
This is not a time right now for wishful thinking that governments are going to sort things out," Rastani told the BBC. "The governments don't rule the world, Goldman Sachs rules the world."
In a candid interview about the Eurozone rescue plan, Rastani said the market is ruled by fear and cannot be saved by the rescue plan.
"They know the stock market is toast," he said. "They know the stock market is finished."
Rastani said most investors are moving their money to places it would be more safe, like U.S. treasuries and the dollar, as they simply do not care about the state of the economy but rather about their own pockets
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"Personally it doesn't matter," he said. "See I'm a trader. I don't really care about that kind of stuff. If I see an opportunity to make money, I go with that."
Rastani continued on to say that most other traders, like him, are not interested in the climate of the economy but only care about making money.
"For most traders...we don't really care that much about how they're going to fix the economy, how they're going to fix the whole situation," Rastani said. "Our job is to make money from it."
Finding optimism in a grim situation, Rastani said he's been "dreaming" of this moment for years.
"I go to bed every night, I dream of another recession," he said.
Rastani continued to proclaim his sentiments regarding the world financial crisis, which he compared to cancer, for three and a half minutes as the interview with BBC continued.
In the final moments, after dropping the comment about Goldman Sachs, independent trader Alessio Rastani gave some advice to the viewers.
"The first thing people should do is protect their assets," he said. "Because in less than twelve months, my prediction is the savings of millions of people are going to vanish."
View the video UP to see Alessio Rastani's interview with BBC.
Occupy Together exists solely to help organize, publicize, and support the growing number of communities that are showing support for the Occupy Wall St. movement. We don’t have any other agenda outside of this. We stand by the developing mission of Occupy Wall St., but we are not representatives for Occupy Wall St.
WHY WE ARE DOING THIS
As we watched the continuing marches on Wall S...t. over the internet and many across the nation reacting to the movement, we decided to set up a website and social media networks to provide a hub for those organizing in various states across the country. Many of us cannot be there with our brothers and sisters in NYC and, like us, wanted to do something. Occupy Together was our way of participating in these events, in spirit and solidarity, in order to support those organizing and demonstrating in various cities and states across America.
We are two graphic designers in Lincoln, NE who desperately wanted to be in NYC but, because of financial and life responsibilities, are not able to attend. Both of us are politically and socially minded individuals who want to help make a positive difference. We have now grown to four Nebraska-based volunteers, as well as two national volunteers helping to maintain these sites.
The best way to contact us is through our email (email@example.com). Unfortunately, comments on both facebook, twitter, and our site have easily become buried, so if you have important information, please contact us via email.
WHAT YOU WILL NOT SEE FROM US
We will not ask for or receive donations for this group, we are strictly volunteer and here solely to help the cause and those organizing across the country. You will not see ads from us or any other attempt to make money off of this movement. It is unfortunate that others have been using our name and this cause to profit but, sadly, not surprising.
WAYS TO HELP
1. Get down to Liberty Plaza and participate in Occupy Wall St.
2. Donate to our brothers and sisters via http://nycga.cc/?page_id=377
3. Stay informed, find out what is happening down on Wall St. through www.occupywallst.org
4. Visit www.occupytogether.org to find out what is happening in your city, state, and region. If you find nothing on our site, search facebook and twitter for events in your area and if you find something, let us know! If nothing is happening, make something happen!
5. Just spreading the word helps. There has been a huge media blackout that others are just beginning to shine some light on. Be one of those people!
OCCUPY SAN DIEGO:
Occupy Wall Street” Spreads to San Diego October 7th in Gaslamp District
OCCUPY SAN FRANCISCO:
Fighting back against corporate corruption controlling our government!
OCCUPY BUFFALO,Occupy Richmond, Occupy Sta. Cruz
The first general assembly for Occupy Buffalo will be held in Niagara Square on Saturday October 1st @ 2 pm
OCCUPY ARKANSAS, ATLANTA, CINCINNATI, SLC
Occupy Wall Street in Boston Tonight
The conversation that began on Wall Street on September 17 has swept northward to Boston, and inspired a powerful national movement. Joining with nearly 100 actions in cities from Los Angeles to Dallas, Chicago,and Washington D.C., concerned citizens have come to speak out for greater economic equality.
Occupy Boston will gather at Dewey Square in Downtown Boston on Friday,September 30 at 6 p.m., to begin an ongoing protest, discuss the state of the union and develop out of that discussion a list of specific changes to ensure our government actually works for the benefit of all citizens.
Planning this event began with a group of over 200 people from all walks of life who assembled on Boston Common Tuesday evening to discuss taking action. Paul Harris of the Guardian covered the meeting, saying,”[..]the people behind Occupy Boston showed a strong dose of media savvy and organizational skill on [Tuesday] night, as they drew a committed crowd of volunteers to their cause: to occupy a slice of the city.”
Occupy Boston is the beginning of an ongoing discussion about the problems with America’s economic system and how it has damaged government and the fabric of society as a whole. The top 1% owns 50% of the nation’s wealth -and more importantly, how that wealth is used undermines the founding principles of America’s democracy.
Through the use of direct democracy, Occupy Boston is working to define and solve the problems of: an opaque and exclusive government, a Wall Street without conscience, and a state struggling to guarantee basic human rights. Everyone is invited to join this conversation about reforming how business and government operate.
In the coming days and weeks, Occupy Boston will persist in advocating the need for change, defining the change we need, and reaching out to policy-makers, business leaders, and the citizens of our Republic in this mission.”Our country is owned by the top 1%. We are the 99%.”
As Occupy Wall Street gets union support, protests spread
The union representing New York City transit workers has come out in support of Occupy Wall Street protesters demanding U.S. social and economic policy changes.
The protesters, who argue U.S. social and economic policies unfairly favor the rich, secured the backing Thursday of the largest and most influential branch of the Transport Workers Union of America.
Local 100 President John Samuelsen said the branch's 38,000 city transit workers and 26,000 retirees share the protesters' view that while the richest New Yorkers get tax breaks, lower-income residents are struggling financially and forced to foot the bill for what they characterize as Wall Street's excesses. UPI
"They see the injustice in that and are highlighting the injustice by protesting, and we're supporting that effort," Samuelsen was quoted in the New York Daily News as saying. UPI
The people who come from many parts of the U.S. and the dozens of people who have spent rainy nights in the outdoor plaza would, no doubt, have countless stories to tell. But few journalists from the mainstream media seem interested in listening this time. chinadaily.com
Inspired by the protests that have gripped New York City's Wall Street in recent weeks, demonstrators have been gathering in front of the Chicago Federal Reserve Bank in the Loop to raise awareness of issues, including poverty, unemployment and social inequality. chicagotribune.com
Participants said they were a part of Occupy Chicago, taking their cues from the Occupy Wall Street demonstration in New York in which several protesters were arrested this week and a video of police officer using pepper spray on a woman went viral. chicagotribune.com
The demonstration is a "direct call to working people worldwide," said Emilio Baez, 17, of Carpentersville, who said he had been camping out off and on since Sunday. "This is our Tahrir Square," he said, referring to the protests in the downtown Cairo traffic circle that led to the Egyptian revolution. "We'll stay here for months if we have to." chicagotribune.com
FACTS & FIGURES
More than 1,000 people protested on the first day, September 17, marching and chanting slogans. Yet the demonstration, known as Occupy Wall Street, did not appear on the major networks' evening news or in major newspapers the next day. chinadaily.com
The protest, now in its 14th day, only got limited coverage last Saturday when heavy-handed police arrested close to 100 people and pepper-sprayed several female demonstrators. But most coverage that day was not in-depth. chinadaily.com
Vanity Fair has reported that the top 1 percent of the nation controlled 12 percent of U.S. wealth only 25 years ago, while today it controls close to 25 percent. chinadaily.com
It [Occupy Wall Street] has also received support from filmmaker Michael Moore, actress Susan Sarandon and activists Cornel West and Noam Chomsky.
LISTS OF CITIES IN THE WEST , USA FOR OCCUPY WALL STREET.....
Occupy Colorado Springs
Occupy Las Vegas
Occupy Los Angeles
Occupy Salt Lake City
Occupy San Diego
Occupy San Francisco
Occupy San Jose
Occupy Santa Cruz
LISTS OF CITIES IN THE SOUTHWEST, USA FOR OCCUPY WALL STREET....
Occupy San Antonio
LISTS OF CITIES IN THE SOUTHEAST, USA FOR OCCUPU WALL STREET....
Occupy Birmingham, AL
Occupy Clarksville, TN
Occupy Columbus, GA
Occupy Daytona Beach
Occupy Florence, SC
Occupy Jacksonville, FL
Occupy Lexington, KY
Occupy New Orleans
Occupy Raleigh, NC
Occupy Richmond, VA
LISTS OF CITIES IN THE NORTHEAST, USA FOR OCCUPY WALL STREET....
Occupy Hartford, CT
Occupy New Haven
Occupy New Jersey
Occupy Providence, RI
LISTS OF CITIES IN THE MIDWEST, USA FOR OCCUPY WALL STREET....
Occupy Kansas City
Occupy OSU (Stillwater)
Occupy St. Louis
LISTS OF COUNTRIES TAKING PART IN OCCUPY INTERNATIONAL...... OCCUPY INTERNATIONAL
OCCUPY DEN HAAG (NL)
Occupy Frankfurt Germany
Occupy Hamburg Germany
Occupy Manchester | March on the Tory Party Conference
Occupy Melbourne Australia
Occupy the London Stock Exchange
Occupy Toronto Market Exchange