OccupyEconomicTheory (@OccupyET) sur Twitter. Goldman Sachs Is Occupied. On October seventeenth (O17), a group of about 10 occupiers gathered outside 15 Central Park West, the address of Goldman Sachs CEO Lloyd Blankfein’s multi-million dollar condo. Occupy Goldman Sachs was born. In the model of sleepful protests, they set up camp across from the building’s main gate. They brought sleeping bags, signs, food, cameras...and have not left the area since. It’s now been over 40 days, and they are going strong. They decided as a unit to hold the space through Hurricane Sandy, and immediately after, people from the site were out in the many areas affected by the storm doing relief work. View Larger Map The case against Goldman Sachs is as simple as it is complex.
They lobby Congress to bail them out with taxpayer dollars, while having a major stake within the Federal Reserve. It is imperative for people to speak up and speak out against the pervasive corruption of our global economy at the hands of Goldman Sachs. Find Occupy Goldman Sachs Online: Operation Caymans. Operation Caymans @opcaymans... The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes. @LeeCamp. "I Went To The Cayman Islands To Expose The Truth About Romney's Tax Shelters" - MOC #178 [clean] What happens in the Caymans...
Negin Farsad @neginfarsad. Operation Caymans: How the 1% Hides their Money | JustinWedes.com. Early last year, as I was sharing a beer with a fellow 99 percenter and talking about tax policy, an idea came to me. It was one of those eureka! Moments as an action organizer when form fits function, action and meaning unite to create an irresistible meme that echoes across our collective psyche.
Let’s invade the Cayman Islands! Each tax day, activists on each side of our phony political divide find themselves shoulder to shoulder at local post offices. Tea Partiers and Occupiers, conservatives and liberals, all gather to, respectively, protest the imposition of higher and higher taxes on working people or congratulate the 1% for once again reducing their effective tax rates to nearly nothing.
(In the case of General Electric, which went a step further, teams of taxamaticians formerly employed by the IRS were actually able to move enough numbers around to force the government to pay them!) So how is the 1% staging a national tax revolt? Until now. Operation Caymans. @sleeponwallst. Occupythefednow. Occupythefed.net. What is the Federal Reserve and what does it do? – an animated guide | Business. Nearly every nation in the world has a central bank in order to co-ordinate its monetary policy.
President Woodrow Wilson introduced one in the United States – the Federal Reserve – in 1913, after a series of financial disasters, including the Panic of 1907, had worried people enough to deem such a body necessary. Just like Goldilocks, the Fed’s aim is to ensure the economy’s not too hot and not too cold. To that end, the Fed’s mandate is “to provide the nation with a safe, flexible, and stable monetary and financial system”. The Fed is a huge and complicated beast, but essentially it has two jobs: to work towards maximum employment, and to control inflation (or, for all you non-economists out there, the amount stuff costs).
As you’d expect, since its creation a century ago, the Fed’s role has expanded. These days it regulates financial institutions, and acts as a bank to the US government, foreign governments and big financial institutions. But how does the Fed influence the economy? Occupy the SEC. OccupyTheSEC (@OccupyTheSEC) sur Twitter. In a 325-Page SEC Letter, Occupy's Finance Gurus Take on Wall Street Lobbyists. Yesterday, a group affiliated with Occupy Wall Street submitted an astounding comment letter to the Securities and Exchange Commission. Point by point, it methodically challenges the arguments of finance industry lobbyists who want to water down last year's historic Dodd-Frank Wall Street reforms. The lobbyists have been using the law's official public comment period to try to kneecap the reforms, and given how arcane financial regulation can be, they might get away with it. But Occupy the SEC is fighting fire with fire, and in so doing, defying stereotypes of the Occupy movement.
Its letter explains: Occupy the SEC is a group of concerned citizens, activists, and professionals with decades of collective experience working at many of the largest financial firms in the industry. Proprietary trading by large-scale banks was a principal cause of the recent financial crisis, and, if left unchecked, it has the potential to cause even worse crises in the future. U.S. Securities and Exchange Commission (Home Page) U.S. Securities and Exchange Commission. In addition to the Securities Exchange Act of 1934 that created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.S.C. § 78d and commonly referred to as the Exchange Act or the 1934 Act). Overview[edit] The regulatory agency was created during the Great Depression that followed the Crash of 1929.
The main reason for the creation of the SEC was to regulate the stock market of 1940, the Sarbanes–Oxley Act of 2002, and the Credit Rating Agency Reform Act of 2006. SEC has a three-part mission: protect investors; maintain fair, orderly, and efficient markets; facilitate capital formation. [3] Quarterly and bi-annual reports from public companies are crucial for investors to make sound decisions when investing in the capital markets. History[edit] Volcker Rule. The Volcker Rule refers to § 619[1] (12 U.S.C. § 1851) of the Dodd–Frank Wall Street Reform and Consumer Protection Act, originally proposed by American economist and former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers.[2] Volcker argued that such speculative activity played a key role in the financial crisis of 2007–2010.
The rule is often referred to as a ban on proprietary trading by commercial banks, whereby deposits are used to trade on the bank's own accounts, although a number of exceptions to this ban were included in the Dodd-Frank law.[3][4] The rule's provisions were scheduled to be implemented as a part of Dodd-Frank on July 21, 2012,[5] with preceding ramifications,[6] but were delayed. Background[edit] Volcker was appointed by President Barack Obama as the chair of the President's Economic Recovery Advisory Board on February 6, 2009. Effects[edit] Occupy the SEC. @alexisgoldstein. Occupy the Dream. Occupy the Dream (@OccupyDreamOWS) sur Twitter. Occupy the Dream's Press Conference at NPC, in Washington, D.C. Michael Carmichael: Occupy the Dream. Yesterday, something wonderful happened in America. Yesterday was the day the American Civil Rights Movement merged their hopes and dreams with Occupy Wall Street. Led by Dr. Ben Chavis, civil rights leaders announced the formation of Occupy the Dream, an organization to mobilize Americans around the vision of Dr.
Martin Luther King, Jr. who sought to wage war on poverty, unemployment and economic injustice. Dr. Launching their movement, Dr. Ladies and Gentlemen, in just a few days, about 200,000 of our sons and daughters will be returning back to the United States in a large way indicating the end of the war in the Middle East. Defining the merger of the movements explicitly, Dr. When Dr. Kevin Zeese of Occupy Wall Street/Washington DC affirmed his enthusiasm for the expansion of the OWS movement: "I think this is a very important step toward the American Spring. . . . It was Dr. Dr. In recent years, Dr. At the press conference, David Degraw of OWS, said, "Dr. To that question, Dr. @_TheBankers_ Occupy the European Central Bank. From Dean Baker In the last month, people from around the country and around the world have picked up on the Occupy Wall Street theme of retaking the country from the wealthy.
Insofar as this sentiment gathers force in Europe, there is probably no place better for people to plant themselves than on the steps of the European Central Bank (ECB). More than any other institution the ECB is responsible for the economic wreckage that has overtaken the European economy. In the years when housing bubbles were building across the much of the eurozone and the United States, the ECB looked the other way. Its position at the time was that these bubbles and the huge imbalances they created were not its concern.
Its concern was keeping the inflation rate at 2.0 percent. But the ECB ignored the housing bubbles and the economy came crashing down around them. However, this was only the beginning point for the ECB’s attack on the European people. The ECB has been much less ambitious.
Occupy The Banks. Occupythebanks.com (@occupyofficial) sur Twitter. Chaîne de SGTbull07. THE SHOCKING TRUTH HISTORY CHANNEL CAN'T BROADCAST -- Bix Weir 139,610 views 2 months ago The interview you are about to hear contains some of the most shocking information we've ever heard. Our friend and fellow precious metals researcher Road to Roota.com's Bix Weir was recently interviewed by History Channel 2 for THREE HOURS as part of their new documentary style series America's Book of Secrets. The information Bix shared with them on camera was to be aired in the episode titled America's Book of Secrets: Secret Underground. What Bix said on camera was so shocking, after the interview the entire crew told him that they were going to pull all funds out of their bank accounts. Bix''s Site: For REAL News & Information: Music: "The Complex" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0"
ALERT: Which Criminal Bank Hates SGTreport? Find out Now: Occupy Your Bank. @OccupyYourBank1. Occupy de Banken. Occupy Creditcards - cash only. Don Harbison, owner of B Restaurant and Bar (with locations in SF and Oakland), sent SFist a list of Oakland companies taking part in today's general strike by going cash-only and eschewing credit cards. Air Lounge, Caffe 817, Ratto's, OB's, Pacific Coast Brewing Company (decided to close today), Quickly's, Coobi, Cosecha Cafe, Liege, Marketing Kings, Lucky Barbershop, Ajuda Day Spa, The Trappist, Tamarindo, and La Calle are all going cash-only for today to show support for Occupy Oakland and today's general strike.
The economy has hit most of these businesses hard in one way or another. Harbison goes on to tell SFist, "The message is pretty clear. I just don't know if the sincerity and levity can be felt. We have really been affected and it is so hard to look at my guys and keep sending them home with cut hours knowing they have families to provide for. " For what it's worth, we highly recommend B Restaurant and Bar. Occupy Telephone. Occupy Stock. Occupy Stocks (@OccupyStocks) sur Twitter.
Occupytheboard room.org. Www.occupytheboardroom.org- 99 red balloons. Talking to ‘Occupy the Board Room’: New Site Encourages Getting in Touch with the 1%, Legally. Occupy the Boardroom! Even if you’re not quite sure where you land on the Occupy Wall Street debate (perhaps you are Warren Buffett-type, who believes in capitalism and the markets and even personally bailed out banks, but also believe in the people’s right to assemble; or perhaps you just couldn’t be bothered to pay attention yet), you still might be interested in OccupytheBoardroom.org, which provides the straightest line from your laptop to the desk of a Citigroup executive.
Launched on Saturday, Occupy the Board Room is a new site that provides those with a valid email account an opportunity to choose a “pen pal” in the top 1%, to whom they can voice their frustrations about America’s economic issues. Created approximately 3 weeks ago, the site originally intended to release the email addresses of almost 200 bank executives to the public. “It’s part of a new interpretation of the Computer Fraud and Abuse Act,” Ms. Leirer told The Observer by phone today. OccupyOurHomes. @OccupyOurHomes. Occupy Foreclosures. Last night Occupy Oakland's General Assembly did something that is likely to catch on with occupations across the country. They voted to encourage the occupation of foreclosed properties across their city. After all, the bursting of the property bubble is part of why they're on the streets right now. There is a movement similar to this under the overall Occupy umbrella, It's called Occupy Vacant Properties, and it has been most visible in San Francisco, where families are even reclaiming their old homes post-foreclosures.
Fire Dog Lake via The Home Defenders League: My family has been in this neighborhood for 50 years, and since I’ve been evicted, the place has been vacant, like so many homes in the Bayview. Families have been ripped off by banks, scammed by brokers and nothing’s done to them. It’s time for the families and the community to stand up and take back what’s theirs. And according to Raw Story, there is at least on member of Congress supporting this move. Occupy Our Homes. Occupy Detroit: Taking Back Foreclosed Homes. UBS Homepage - Wealth Management | Investment Bank | Asset Management. Occupy London campaigners take over derelict building. Bankenboeven. Nieuw: de digitale schandpaal voor bankiers. Bankiers kunnen vanaf vandaag publiekelijk aan de schandpaal worden genageld op de site Bankenboeven.nl. “Het wordt een Facebook voor foute bankiers.” 1. Wat is Bankenboeven? Een website waarop mensen een foto van hun bankier kunnen uploaden en documenten inscannen waaruit blijkt hoe slecht ze behandeld worden door hun bank. 2.
De Stichting Krediet Verdriet. 3. Volgens Hendrickx is zo’n 30 procent van het Midden- en Kleinbedrijf ondergebracht bij de afdeling bijzonder beheer van de bank. Hendrickx is nog harder. 4. Dat ondernemers “veel meer beslagen ten ijs” komen als ze met de bank om de tafel zitten. 5. Volgens Hendrickx wel. De naam is bewust hard. 6. Er zijn geen kosten verbonden aan de site, maar helemaal onbaatzuchtig is het ook niet. 7. Nee, volgens Hendrickx is het bij de ene bank erger dan de andere. 8.
De Nederlandse Vereniging van Banken laat weten: “Wij begrijpen de emotie erachter maar vinden dit geen goed initiatief.