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When People Most Familiar With Wall Street Say This About It, You Know It's Time For Reform - Switch Your BankAfter watching Charlie Munger compare investment bankers to heroin addicts this morning (above), we had the idea to put together a list of people who've been directly involved at some level with Wall Street and are now outspoken critics. Here's what we've come up with so far: Neil Barofsky , former attorney general of SIGTARP: "They're psychologically incapable—and I really do believe this—that the ego and the narcissism of these people, they're unable to acknowledge fault , that they could actually make mistakes." Charlie Munger , Warren Buffett's business partner: "I do not think you can trust bankers to control themselves. They are like heroin addicts ."
Article by Cindy Cafferty Weekly readers first met Aaron Cohen in a 2007 article detailing his escapades to rescue victims of labor and sexual slavery. Subsequent web and print articles kept readers updated, and offered greater detail than can be afforded here, on the (then) Costa Mesa resident: his work with California anti-trafficking actions, local humanitarian awards received and the release of his book, co-authored by Christine Buckley. Cohen now resides in Laguna Niguel.
David Graeber likes to say that he had three goals for the year: promote his book, learn to drive, and launch a worldwide revolution. The first is going well, the second has proven challenging, and the third is looking up. Graeber is a 50-year-old anthropologist—among the brightest, some argue, of his generation—who made his name with innovative theories on exchange and value, exploring phenomena such as Iroquois wampum and the Kwakiutl potlatch.
Ozier Muhammad/The New York Times Occupy Wall Street protesters in Midtown Manhattan on May 1, 2012. More than a third of the people who participated in Occupy Wall Street protests in New York lived in households with annual incomes of $100,000 or more, according to a study by sociologists at the City University of New York, and more than two-thirds had professional jobs. At the same time, the researchers found, nearly a third of the protesters had been laid off or lost a job, and a similar number said they had more than $1,000 in credit card or student loan debt. The report (see also below), compiled by professors at the Joseph A.
State of California Orders Walmart-Contracted Warehouse to Pay More than $1 Million in Stolen Wages | Warehouse Workers UnitedPosted on January 28th, 2013 ONTARIO, Calif. – The state of California has ordered a Southern California warehouse that processes merchandise for Walmart and other retailers to pay 865 workers more than $1 million in stolen wages. The California Division of Labor Standards Enforcement issued the citations Monday, Jan. 28 against Quetico, LLC, a large warehouse complex in Chino, California. Back wages and unpaid overtime total more than $1.1million and in addition the state issued about $200,000 in penalties.
By Yusur Al Bahrani Workers, and other protestors who have been participating in the demonstrations since February 14 (even before that) are diverse. They come from different religious and political backgrounds. Some of them had never participated in any protest before February 14, but were outraged by continuous oppression and discrimination.
Last Updated, Saturday, 10:17 a.m. While using Twitter to narrate events in Tahrir Square on Friday, people in Egypt described tires burning in the street, protesters blocking traffic and hurling rocks, and police officers launching tear gas in an effort to break up crowds that had gathered to protest against the Muslim Brotherhood and the country’s new Islamist president. Many of the actions described on Friday appeared to hew to a script that has become familiar over the past two years, but some in the crowds of protesters appeared to be using new tactics, dressing from head to toe in black, covering their faces with bandannas or kerchiefs and brandishing black flags as they skirmished with security forces. “Asked one of them who they are they said we don’t talk to media but we are black bloc,” wrote the British-Egyptian journalist Sarah Carr, adding that a member of the group had “mentioned anarchism.”
The Idle No More Movement for Dummies (or, 'What The Heck Are All These Indians Acting All Indian-Ey About?')Lately, Native people have taken to the streets malls in demonstrations of Public Indian-ness (“ PI ”) that surpasses the sheer volume of activism of even Alcatraz and the Longest Walk . There’s a heapum big amount of PI going on right now! Many people, non-Native and Native alike, are wondering what the heck is going with their local Native population and how this so-called #IdleNoMore Movement managed to get the usually muffled Natives restless enough to be Indian in public .
Human rights activists in Saudi Arabia say they're being targeted by the government Protests are prohibited in the deeply conservative Middle East nation Despite high-profile arrests, activists say they're finding their voice via Internet, social media (CNN) -- As he was falling asleep, the father of five turned to his wife and said he hopes it will all be worth it someday. Maybe someday, Mohammed Al-Qahtani said, his daughter be able to walk somewhere without a male guardian. Maybe someday, she'll be able to drive a car without fear of arrest.
The Occupy Harrisburg group at the state Capitol, the second longest-running Occupy movement in the nation, has left after more than a year of protesting corporate greed, economic inequality and the influence of big business on government. The tent — which stood in sun, wind, rain and ice at the bottom of the state Capitol steps on North Third Street — is gone. The protesters who held such signs as “Join us. You’re the 99 percent” and “Free Your Mind” are gone. Protesters stayed at the tent around the clock for nearly a year.
Previous Next Date of record proves FBI had documents yet agency denied records existed Back in October 2011, I filed a FOIA request with the FBI for all records it maintained related to Occupy Wall Street and US Day of Rage. Two weeks after I filed my FOIA, in mid-November 2011, the FBI said it could not locate responsive records. I appealed the decision, which was upheld by the Justice Department's Office of Information Policy. The dates of these records show the FBI did have records responsive to my request.
Dear FBI Director Mueller, If you could’ve been killed by an assassin and an authority, sworn to protect you, knew about it but said nothing, wouldn’t that make that authority just as guilty as the assassin if their plot succeeded? I’m writing to you as a former member of Occupy Houston, who could’ve been shot and killed by a sniper just a little over a year ago.
November 26, 2011 | Like this article? Join our email list: Stay up to date with the latest headlines via email. There has been a flurry of speculation surrounding various reports suggesting that a “coordinated,” nationwide crack-down on the Occupy Movement is underway. The problem with these stories lies in the fact that the word “coordinated” is too vague to offer any analytic value.
On Friday, Naomi Wolf made the attention-grabbing accusation in the Guardian that federal officials were involved in, indeed ordered, the violent crackdowns against Occupy Wall Street protesters that we've been seeing across the country these past few weeks. Congressional overseers, with the blessing of the White House, told the DHS [Department of Homeland Security] to authorise mayors to order their police forces - pumped up with millions of dollars of hardware and training from the DHS - to make war on peaceful citizens. The next day, Joshua Holland debunked Wolf's claims on Alternet .
Police used teargas to drive back protesters following an attempt by the Occupy supporters to shut down the city of Oakland. Photograph: Noah Berger/AP It was more sophisticated than we had imagined: new documents show that the violent crackdown on Occupy last fall – so mystifying at the time – was not just coordinated at the level of the FBI , the Department of Homeland Security, and local police.
Matt Taibibi is a good read to get an understanding of the crimes of Wall Street and govt. by Dec 1