| -- | Welcome to OWSnews.org OWSnews.org is being launched by journalists and organizers at New York’s Liberty Park occupation and over 20 other occupied locations throughout the US. This service is specifically dedicated to aggregating and producing news reports on the OWS 99% Movement. Our website also features many social networking capabilities which allow registered users to create their own profile, share ideas and easily communicate with many other journalists and OWS activists. You can be one of the first people to join this network by creating your own profile and contributing to the site by registering here: OWSnews.org/register. Before jumping into our first newsletter, we would like to bring your attention to a voting feature that is present on all of our news reports. It is a Reddit-style function which allows people to vote reports up or down. Moving forward, we will use this voting process as an online General Assembly editor to determine which news reports will get featured on the homepage. Once you are registered for the site, please vote up the reports that you like. As we are currently coordinating and developing an editorial process with over 1000 occupations throughout the US and internationally, we thought it would be appropriate to launch by honoring and featuring some of the journalists that have spent years dedicated to investigating and exposing the crimes of Wall Street. We have an amazing list of contributors and this is just a taste of what is to come. | -- |
| - | Amy Goodman & Eugene Jarecki: Move Your Money Campaign Grows to Divest From Big Banks & Support Local Banks, Credit Unions
As participants in the Occupy Wall Street movement continue protesting the record profits made by banks bailed out by taxpayer money, a group of grassroots activists are hitting America’s largest banks — including JP Morgan Chase, Bank of America and Wells Fargo — where it hurts most: The wallet. Dubbing this Saturday, Nov. 5 as “Bank Transfer Day,” activists are urging people to move their money out of the banks deemed “too big to fail” in to local community banks and credit unions. ... Read More >>
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| - | Glen Ford: Occupy All the Harlems, to Save Ourselves from the Dictatorship of Wall Street
Power to the people! Say it like you mean it, because most of us have not been acting in the spirit of All Power to the People for a very long time. For decades, we have been acting under the illusion that we could empower Black people by sending Black elected officials to the city council and the state legislature – and finally putting one in the White House – only to find that their philosophy of politics was: All Power To Those Who Already Have Power. ... Read More >>
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| - | Bill Black, Dylan Ratigan & David DeGraw: Prosecute the Banksters, Get Money Out of Politics
When it comes to prosecuting the lead players involved in the fraudulent financial activities that have led to the destruction of our economy, the Obama Administration, loaded with Wall Street campaign contributions and led by major financial firm operatives such as Tim Geithner and Bill Daley, has delivered empty rhetoric and minimal action. In these videos, Bill Black, Dylan Ratigan and David DeGraw discuss the “epidemic of fraud” and the people who need to be held personally responsible for the destruction of our economic system. ... Read More >>
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| - | Kevin Zeese: A Warning to the Economic and Political Elites: Listen Now
The Occupy Movement is not only resulting in the occupation of public space, but also in political space. We are already shifting the dialogue and the movement has just begun. When we started planning the occupation of Freedom Plaza six months ago, our goal was to create a place where the ignored voices of the American people could be heard. They are starting to be heard thanks to occupations all over the country. If it is not clear to the economic and political elites, this is the beginning of an American revolt. ... Read More >>
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| - | Adbusters Tactical Briefing: What’s Next For #OCCUPY?
The initial phase of the #OCCUPY movement was marked by several weeks of viral growth that peaked on October 15 with a global day of action. In the next phase, there will be a turn towards addressing the deep philosophical and strategic questions of how to escalate this democracy moment into a revolutionary people’s movement. Across the nation there are clear signs that the #OCCUPY movement is simultaneously maturing and growing more militant. ... Read More >>
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| - | Nomi Prins: 10 Reasons to Hate Bank of America
There is no shortage of hatred for the biggest banks. Indeed, the Occupy Wall Street movement is leading a national revolution against these Byzantine, powerful Goliaths for the economic devastation they have caused. This makes it difficult to choose the worst of the bunch. That said, a strong case can be made that Bank of America deserves the title of the nation’s most despised bank. Here are ten reasons to take your money out of Bank of America – and park it at a credit union or community bank near you. ... Read More >>
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| - | Chris Hedges: A Master Class in Occupation & #OWS Could Take Them All Down
Jon Friesen, 27, tall and lanky with a long, dirty-blond ponytail, a purple scarf and an old green fleece, is sitting on concrete at the edge of Zuccotti Park leading a coordination meeting, a gathering that takes place every morning with representatives of each of Occupy Wall Street’s roughly 40 working groups. “Our conversation is about what it means to be a movement and what it means to be an organization,” he says to the circle. A heated discussion follows, including a debate over whether the movement should make specific demands. ... Read More >>
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| - | Charles Hugh Smith: A Simple Three-Item Agenda for “Occupy Wall Street/We Are the 99%”
This is the opinion of one citizen who makes no claim to be speaking for the movement as a whole or any group of citizenry. It is presented as food for thought. There are really only three ways to cripple Wall Street’s democracy-killing concentration of wealth and power: take our money out of Wall Street and the TBTF banks, eliminate private money from elections and abolish Wall Street’s dealer, the Federal Reserve. There are only three things–and only these three–that will cripple Wall Street’s democracy-killing concentration of wealth and power ... Read More >>
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| - | Glenn Greenwald: Banks Too Big to Jail
What this movement is about is more important than specific legislative demands. It is expressing dissent to the system itself. It is not a Democratic Party organ. It is not about demanding that President Obama’s single [jobs] bill pass or anything along those lines. It is saying that we believe the system itself is radically corrupted, and we no longer are willing to tolerate it. And that’s infinitely more important than specific legislative or political demands. ... Read More >>
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| - | Ellen Brown: QE4 Could Remove $1 Trillion In Toxic Debt From The Backs Of Millions Of Students
Among the demands of the Wall Street protesters is student debt forgiveness – a debt “jubilee.” Occupy Philly has a “Student Loan Jubilee Working Group,” and other groups are studying the issue. Commentators say debt forgiveness is impossible. Who would foot the bill? But there is one deep pocket that could pull it off – the Federal Reserve. In its first quantitative easing program (QE1), the Fed removed $1.3 trillion in toxic assets from the books of Wall Street banks. For QE4, it could remove $1 trillion in toxic debt from the backs of millions of students. ... Read More >>
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| - | Edward Harrison: At #OccupySydney Steve Keen Calls for a Debt Jubilee
Steve Keen, a well-known Australian professor and economist, spoke at Occupy Sydney saying that the protests all over the world show economic models have failed. He’s not the only one saying this obviously. But, what does that actually mean for policy makers trying to find solutions to the Eurozone debt crisis, or trying to help the ailing US housing market and economy? Steve gives his take on an interview on the new RT show Capital Account with Lauren Lyster. In his view, debt forgiveness will be a big part of the solution. ... Read More >>
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| - | Bruce E. Levine: How Can We Rouse Police and Other Protectors of the Corporatocracy — “Guards” of the Status Quo — to Join the OWS Rebellion?
“In a highly developed society, the Establishment cannot survive without the obedience and loyalty of millions of people who are given small rewards to keep the system going: the soldiers and police, teachers and ministers, administrators and social workers, technicians and production workers, doctors, lawyers. . . . They become the guards of the system, buffers between the upper and lower classes. If they stop obeying, the system falls.” — Howard Zinn, from “The Coming Revolt of the Guards,” A People’s History of the United States. ... Read More >>
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| - | Nassim Taleb: Time to Clawback $2.2 Trillion in Corrupt Banker Compensation
You need something to break the bank cartel. They caused the crisis and last year they had record bonuses. This is not rational. They are hijacking the American economy. ... Read More >>
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| - | Karl Denninger: Tea Party Founder Backs #OccupyWallStreet
There is one overwhelming theme: The people have been robbed, the Wall Street and DC people did it, and the people have had enough of the lies, broken promises and outright theft. ... Read More >>
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| - | Cenk Uygur: Obama Is the Establishment & Bank Lobbyists Livid
The Young Turks’ Cenk Uygur reports from the ongoing Occupy Wall Street protests. He discusses Obama's failures and irate bank lobbyists. ... Read More >>
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| - | Matt Taibbi: Advice to the OccupyWallStreet Protesters - Here Are 5 Demands
I’ve been down to “Occupy Wall Street” twice now, and I love it. The protests building at Liberty Square and spreading over Lower Manhattan are a great thing, the logical answer to the Tea Party and a long-overdue middle finger to the financial elite. The protesters picked the right target and, through their refusal to disband after just one day, the right tactic, showing the public at large that the movement against Wall Street has stamina, resolve and growing popular appeal. ... Read More >>
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| - | Danny Schechter: What’s Your Agenda? The Question OWS Hears The Most
One of the most frequently repeated, recycled and dismissive questions about Occupy Wall Street is its supposed lack of an “agenda.” The “what do you people want” question has been featured in media interviews almost to the exclusion of all others. It’s as if the movement won’t be taken seriously by some, unless and until, it it enunciates a list of “demands” and defines itself in a way that can allow others, especially a cynical media, to label and pigeonhole it. ... Read More >>
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| - | Michael Hudson: Wall Street Is A Crime Gang, A Criminal Organization
I’ve noticed both here and on some news stories I heard in passing that the OccupyWallStreet movement has already succeeded in expanding the space of what is now being discussed as remedies. I would like to discuss some possible ideas for reforming finance to deal with the concerns raised by the OccupyWallStreet movement. ... Read More >>
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| - | Mark Ruffalo: First-Person Account on the OWS 99% Movement
It was great to see Mark spending quality time at Liberty Park. He gives an excellent summation of what this movement is all about. ... Read More >>
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| - | Noam Chomsky: The Occupy Movement Is An Unprecedented Opportunity To Overcome America’s Current Hopelessness
This article is adapted from Noam Chomsky’s talk at the Occupy Boston encampment on Dewey Square on Oct. 22. He spoke as part of the Howard Zinn Memorial Lecture Series held by Occupy Boston’s on-site Free University. Zinn was a historian, activist and author of A People’s History of the United States. ... Read More >>
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| - | Cornel West: We Are in a Magnificent Moment of Democratic Awakening
Democracy Now! interviews Cornel West on his arrest, how he rates President Obama’s term in office and the #OccupyWallStreet movement. ... Read More >>
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| - | Naomi Wolf: The People Versus the Police
Among the demands of the Wall Street protesters is student debt forgiveness – a debt “jubilee.” Occupy Philly has a “Student Loan Jubilee Working Group,” and other groups are studying the issue. Commentators say debt forgiveness is impossible. Who would foot the bill? But there is one deep pocket that could pull it off – the Federal Reserve. In its first quantitative easing program (QE1), the Fed removed $1.3 trillion in toxic assets from the books of Wall Street banks. For QE4, it could remove $1 trillion in toxic debt from the backs of millions of students. ... Read More >>
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| - | Max Keiser, Stacy Herbert & Leah McGrath Goodman: Speculators & #OccupyWallStreet
This week Max Keiser and co-host, Stacy Herbert, look at bank stocks ablaze and a Grecian vortex. They also discuss speculators responding to falling prices by smashing showrooms in Shanghai and holding Congress hostage in America. In the second half of the show, Max Keiser interviews Leah McGrath Goodman about Occupy Wall Street, the Koch Brothers and oil derivatives and the new market in water derivatives. ... Read More >>
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| - | David DeGraw: Welcome to the Revolution: Life @ OccupyWallStreet’s Liberty Park
I’ve spent countless hours at Liberty Park talking with people of all political persuasions, from all walks of life, from all over this country, no, check that, from all over the world. The second you walk into the occupation, you can’t help but get knocked around like a volleyball. At every turn, there is an amazingly in depth debate on deep political, philosophical, economic and cultural issues. Media cameras are everywhere. Hang out in the park for a few hours and you’ll end up on TVs across the globe. The only way I can sum up the scene is to simply say, “This is what revolution looks like.” ... Read More >>
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| - | Lee Camp: #OccupyWallStreet Has Proven We Don’t Have Free Speech
Warning: Graphic Language ;-) Occupy Wall Street continues to show us in many ways what is wrong with our country. It has proven above and beyond any doubt that we don’t have freedom of speech. ... Read More >>
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