Posted by admin! / Under Wall Street
Mitt Romney had a remarkable exchange on NBC this morning that may not be as attention-grabbing about his “fire people” gaffe — but may actually be just as revealing and significant. And I hope it gets some attention. In it, Romney suggested that concerns about Wall Street conduct and inequality are driven by “envy,” and even said we needn’t have a public debate about inequitable wealth distribution in this country.
Published on Thursday 23rd of February 2012 11:33:10 AM
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Posted by admin! / Under Wall Street
NEW YORK (CBSNewYork/AP) — Columbia University will offer a new course for upperclassmen and grad students next semester. An Occupy Wall Street class will send students into the field and will be taught by Dr. Hannah Appel, a veteran of the Occupy movement. The course begins next semester and will be divided between class work at Columbia’s Morningside Heights campus and fieldwork that will require students to become involved with the Occupy movement outside of the classroom. The course will be called “Occupy the Field: Global Finance, Inequality, Social Movement” it will be run by the anthropology department. Appel is...
Published on Thursday 23rd of February 2012 11:33:10 AM
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Posted by admin! / Under Wall Street
The former New York office for ACORN, the disbanded community activist group, is playing a key role in the self-proclaimed “leaderless” Occupy Wall Street movement, organizing “guerrilla” protest events and hiring door-to-door canvassers to collect money under the banner of various causes while spending it on protest-related activities, sources tell FoxNews.com. The former director of New York ACORN, Jon Kest, and his top aides are now busy working at protest events for New York Communities for Change (NYCC). That organization was created in late 2009 when some ACORN offices disbanded and reorganized under new names after undercover video exposes prompted...
Published on Thursday 23rd of February 2012 11:33:10 AM
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Posted by admin! / Under Wall Street
King Abdullah of Saudi Arabia formally called for the formation of a Gulf Union on a backdrop of regional unrest and growing tensions with rival Iran. "I ask today that we move from a phase of cooperation to a phase of union within a single entity," Abdullah said during his address at the opening session of the six-member Gulf Cooperation Council conference in Riyadh. "You must realise that our security and stability are threatened and we need to live up to our responsibilities," said King Abdullah. "Our summit opens in the shadow of challenges that require vigilance and a united...
Published on Thursday 23rd of February 2012 11:33:10 AM
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Posted by admin! / Under Wall Street
There was an astonishingly revealing moment on Sunday's 60 Minutes when President Obama said, "Some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn't illegal." For what should be obvious reasons, CBS's Steve Kroft didn't bother asking his guest who created, voted for or signed the pieces of legislation that allowed this "damaging behavior on Wall Street" to be legal (video follows with transcript and commentary):STEVE KROFT (SECOND PART INTRO): In a wide-ranging conversation Friday morning, President Obama discussed everything
Published on Thursday 23rd of February 2012 11:33:10 AM
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Posted by admin! / Under Wall Street
Seattle Police are investigating an armed robbery on Broadway Ave early this morning. Police say around 4:20 a.m. one of their officers was flagged down by a man near 1700 Broadway who said he’d been robbed of his iPhone at knifepoint. The man reportedly told police he knew the other man with the knife and after robbing him that man fled into the Occupy Seattle camp at Seattle Central Community College... Some parents who's children attend a daycare at SCCC have raised concerns about reported drug use and criminal activity at the camp.
Published on Thursday 23rd of February 2012 11:33:10 AM
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Posted by admin! / Under Wall Street
The Martin Luther King Jr. monument was dedicated recently in Washington, D.C. I was reminded then that the civil rights movement in America was led not by a politician fulfilling campaign promises nor by a popular evangelist bent on saving souls, but by a highly trained theologian who put his theology into practice with a demand for justice for those who had suffered at the hands of the rich and the powerful. King was a Baptist preacher who took his religion into the arena of racism, economics and social disparity. Hatred caught up with him, and he was killed. Now...
Published on Thursday 23rd of February 2012 11:33:10 AM
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