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TIME’S UP! :: NYC Direct Action Environmental Organization – HOME

31 Oct

I saw this over the weekend. This is cool technolgy and a brilliant OWS move.

Time’s Up! in conjunction with OWS Sustainable Working Group, are creating energy bikes to replace all the generators that were confiscated by the City from Occupy Wall Street (OWS) last week. We’ve secured funds for 5 human-powered energy cycles that will be installed this weekend. Please donate what you can so we can secure the additional bikes needed to ensure that OWS is fossil-fuel free! Check out the video to see the current energy bike at OWS in action:

via TIME’S UP! :: NYC Direct Action Environmental Organization – HOME.

Did You Hear the One About the Bankers? – NYTimes.com

30 Oct

Our financial industry has grown so large and rich it has corrupted our real institutions through political donations. As Senator Richard Durbin, an Illinois Democrat, bluntly said in a 2009 radio interview, despite having caused this crisis, these same financial firms “are still the most powerful lobby on Capitol Hill. And they, frankly, own the place.”

Our Congress today is a forum for legalized bribery. One consumer group using information from Opensecrets.org calculates that the financial services industry, including real estate, spent $2.3 billion on federal campaign contributions from 1990 to 2010, which was more than the health care, energy, defense, agriculture and transportation industries combined. Why are there 61 members on the House Committee on Financial Services? So many congressmen want to be in a position to sell votes to Wall Street.

via Did You Hear the One About the Bankers? – NYTimes.com.

Wall Street Protesters Hit the Bull’s-Eye – NYTimes.com

29 Oct

From 1979 to 2006, the financial industry’s share in the nation’s corporate profits grew from a fifth to almost a third. By 2006, bankers and insurers were making 70 percent more, on average, than workers in the rest of the private sector. Then they set off one of the worst financial crises in living memory, and taxpayers bailed them out.

The protesters’ grievances may be aimed at Wall Street as a metaphor for broader economic forces. But there is nothing metaphorical about who is taking home the wealth. The protesters might even aim a bit higher: the real income growth is happening in the top 0.1 percent. There are lots of bankers there, too.

via Wall Street Protesters Hit the Bull’s-Eye – NYTimes.com.

Oakland Protests Test Mayor Quan’s Activist Background – NYTimes.com

29 Oct

Tough choices ahead, for all of us.

Ms. Quan’s transformation from one of the more progressive mayors in the country into an object of Occupy Oakland’s scorn has left her isolated and weakened politically. Even her closest friends and supporters questioned her judgment. Dan Siegel, Ms. Quan’s legal adviser who has known her since her days at Berkeley, said he briefly considered resigning over the raid.

But instead of giving in, Ms. Quan is trying to win back the support of the protest community she once called her own.

On Friday, hours after she fled the rally, Ms. Quan said she would not resign. She apologized for a second time and sought to align herself with the Occupy movement, which claims to represent the 99 percent who they say are shut out of a political process that caters to corporations.

via Oakland Protests Test Mayor Quan’s Activist Background – NYTimes.com.

David Graeber: On Playing By The Rules – The Strange Success Of #OccupyWallStreet « naked capitalism

28 Oct

2) The Occupiers ‘broke the frame’—the frame of the narrative and the conditioned response, but more than that too—by acting ON THEIR OWN AND WITHOUT REFERENCE TO AUTHORITY, and above all in flat, reasoned, and non-negotiable rejection of the official consensus reality on economics and politics presently operative in our society.

via David Graeber: On Playing By The Rules – The Strange Success Of #OccupyWallStreet « naked capitalism.

How OWS confuses and ignores Fox News and the pundit class. – Slate Magazine

27 Oct

Occupy Wall Street is not a movement without a message. It’s a movement that has wisely shunned the one-note, pre-chewed, simple-minded messaging required for cable television as it now exists. It’s a movement that feels no need to explain anything to the powers that be, although it is deftly changing the way we explain ourselves to one another.

Think, for just a moment, about the irony. We are the most media-saturated 24-hour-cable-soaked culture in the world, and yet around the country, on Facebook and at protests, people are holding up cardboard signs, the way protesters in ancient Sumeria might have done when demonstrating against a rise in the price of figs. And why is that? Because they very wisely don’t trust television cameras and microphones to get it right anymore. Because a media constructed around the illusion of false equivalencies, screaming pundits, and manufactured crises fails to capture who we are and what we value.

via How OWS confuses and ignores Fox News and the pundit class. – Slate Magazine.

Wall Street Isn’t Winning It’s Cheating | Matt Taibbi | Rolling Stone

27 Oct

Success is the national religion, and almost everyone is a believer. Americans love winners. But that’s just the problem. These guys on Wall Street are not winning – they’re cheating. And as much as we love the self-made success story, we hate the cheater that much more.

In this country, we cheer for people who hit their own home runs – not shortcut-chasing juicers like Bonds and McGwire, Blankfein and Dimon.

That’s why it’s so obnoxious when people say the protesters are just sore losers who are jealous of these smart guys in suits who beat them at the game of life. This isn’t disappointment at having lost. It’s anger because those other guys didn’t really win.

via Wall Street Isn’t Winning It’s Cheating | Matt Taibbi | Rolling Stone.

The real reason OWS terrifies conservatives – Occupy Wall Street – Salon.com

27 Oct

Here’s what’s making professional right-wingers jumpy, as described by Rolling Stone’s resident hothead Matt Taibbi: “The reality is that Occupy Wall Street and the millions of Middle Americans who make up the Tea Party are natural allies and should be on the same page about most of the key issues.”

That’s not going to happen over the short term. The populist left, such as it is, has long had the dream of persuading working- and middle-class Americans to ignore the “tribal” differences that divide them—regional, racial, religious and cultural—to vote their shared economic self-interest.

Except during times of grave national danger—the Great Depression, for example—it’s pretty much remained a dream. Taibbi’s point, however, is that the ongoing economic crisis created by Wall Street greed and recklessness makes it possible that a new movement taking aim at incestuous political and financial corruption in Washington might have a chance.

via The real reason OWS terrifies conservatives – Occupy Wall Street – Salon.com.

The Occupy Wall Street image that marks the end of the global | guardian.co.uk

25 Oct

There were “anti-capitalist” protests in the boom years but these were self-evidently marginal to a society lapping up the joys of credit. Today, the world is ready to listen to Occupy Wall Street and its claim to speak for the 99% against the profiteering 1%. Everyone knows what they are talking about and everyone can see some truth in it.

via The Occupy Wall Street image that marks the end of the global consensus | Jonathan Jones | Comment is free | guardian.co.uk.

Two Puzzle Pieces | Easily Distracted

25 Oct

Where larger protests and anger are breaking out against the elites who have commandeered political systems, it’s because the publics behind those protests have dissolved or tabled most of their more specific demands or commitments, have recognized that you won’t get good policy until you get something close to a social revolution, until the connection between democratic process, genuine responsibilities to broad publics, and a constraining ethics of bureaucratic power and expertise is forged anew.

In the United States, I think the specific move that needs to be made is the recognition that the rank-and-file hostility of Tea Party adherents and sympathizers towards “big government” has an intimate, potentially generative connection to the possibility of a wider mobilization against the powers-that-be, that this is the cognate American form of the energy that’s flowing into protests in India, in Egypt, in the European Union. Which in turn requires a less knee-jerk response by progressives about the wonderful things that government can do or already does. It’s true that government action at all levels of American life could do a great deal of good, that it already secures many fundamental rights and protections, that we are dependent upon that power in so many ways. But when our first response to a fierce, wild and often reactionary anger at “government” is to recite a litany of its benefits, I think we disclose too much our own desire to retain an intimate access to acting within as well as against a deeply entrenched political class.

via Two Puzzle Pieces | Easily Distracted.