Tag: Occupy Wall St.

We Don’t Need No Permits To March

October 15 Times Sq.

Oct. 15 (Bloomberg) — Occupy Wall Street demonstrations in New York City today culminated with a Times Square rally that drew thousands opposed to economic inequality, echoed by protests from London to Tokyo.

Participants in the month-old movement marched past a JPMorgan Chase & Co. branch early in the day to urge clients to close accounts. Twenty-four were arrested later at a Citigroup Inc. office, the police said, and about 6,000 gathered in Times Square, the organizers estimated.

Hong Kong, Sydney, Toronto and other cities also saw protests, which turned violent in Rome, in what organizers called a “global day of action against Wall Street greed.” Backers say they represent “the 99 percent,” a nod to Nobel Prize-winning economist Joseph Stiglitz’s study showing the top 1 percent of Americans control 40 percent of U.S. wealth.

“The world will rise up as one and say, ‘We have had enough,'” Patrick Bruner, an Occupy Wall Street spokesman, said in an e-mail. A news release from the organization said there were demonstrations in 1,500 cities worldwide, including 100 in the U.S.

NYC Live Updates:

   8:50 p.m. 700 reported in Washington Square Park. Music and food there.

   8:30 p.m. Scanner says riot cops in full gear, nets out, headed to the crowd, 47th and 6th.

   8:11 p.m. White shirt just ordered #NYPD line AWAY from barricades. Crowd ROARS

   8:08 p.m. Tension escalating, police ordering protesters to step away from barricades.

   8:02 p.m. Mario: 4 paddy wagons and arrests at 46 and 6th ave.

   8:00 p.m. Police are arresting occupiers at 46th and 6th.

   7:30 p.m. Unconfirmed estimates ranging as high as 50,000 people in Times Square.

   6:45 p.m. Police have trapped people in times square with barricades.

   6:35 p.m. A horse just went down. Crowd is going wild. NYPD says anyone near barricade is going to jail. This is is inexcusable. (Source)

   6:22 p.m. Police on horseback arrive. Police pulling people out of crowd and attacking them. Protesters are rushing barricades.

   6:10 p.m. Police in riot gear retreat.

   6:05 p.m. Police are in riot gear.

   6:00 p.m. Backup has arrived. Estimated 15,000 in Times Square

   5:49 p.m. Orange nets along Broadway.

   5:45 p.m. Five thousand more on their way from Liberty Square and other locations.

   5:30 p.m. Thousands arrive in Time Square. Now livestreaming: http://www.livestream.com/occu…

Greg Mitchel at The Nation has a great running account of the event in Times Square and from around the world with links: The OccupyUSA Blog: Special Weekend Edition!

Over 3,000 people gathered at Liberty Plaza in the pre-dawn hours this morning to defend the peaceful Occupation near Wall Street. The crowd cheered at the news that multinational real estate firm Brookfield Properties will postpone its so-called ‘cleanup’ of the park and that Mayor Bloomberg has told the NYPD to stand down on orders to remove protesters. On the eve of the October 15 global day of action against Wall Street greed, this development has emboldened the movement and sent a clear message that the power of the people has prevailed against Wall Street. …

On October 15th, Occupy Wall Street will demonstrate in concert over 951 cities in 82 countries and counting as people around the globe protest in an international day of solidarity against the greed and corruption of the 1%.

This is the Live Feed of #OWS from The Guardian: Occupy Wall Street live: protesters claim victory as clear-up called off

Follow all the developments after park owners call off a clear-up of the Occupy Wall Street camp in Zuccotti Park in New York

I strongly suspect the decision to call off the cleaning is but a temporary reprieve.  Emperor Mike used some pretty harsh language yesterday accusing the City Council members of “threatening” the owners of the park

Mr. Bloomberg, speaking later in the morning on his weekly radio program on WOR-AM (710), attributed the decision to postpone the cleaning to the company that owns the park, Brookfield Properties, which he said had been pressured to back off by elected officials. Mr. Bloomberg indicated that he had some misgivings about the decision, and was not sure what would happen next.

“Yesterday, as of 8 o’clock at night, they were going ahead to do it, but as of midnight they called and said they wanted to postpone the cleaning operations to see if they could work out an agreement with the protesters,” Mr. Bloomberg said. “My understanding is that Brookfield got lots of calls from many elected officials threatening them and saying if you don’t stop this we’ll make your life more difficult.”

That is an ugly allegation.

Bloomberg and his cronies will be back with some other reason to put an end to the protest. He must protect his fellow oligarchs from the embarrassment by the masses before the world. Right now it might create an international incident.

Solidarity hero Lech Walesa [sic] is flying to New York to show his support for the Occupy Wall Street protesters. “How could I not respond,” Walesa told a Polish newspaper Wednesday. “The thousands of people gathered near Wall Street are worried about the fate of their future, the fate of their country. This is something I understand.” []

Wałęsa says he’s coming to help protest economic “unfairness.” “Union leaders and capitalists need to figure out what to do, because otherwise they will have to contend with a worldwide revolt against capitalism,” he warned.

On October 15th people from all over the world will take to the streets and squares.

From America to Asia, from Africa to Europe, people are rising up to claim their rights and demand a true democracy. Now it is time for all of us to join in a global non violent protest.

The ruling powers work for the benefit of just a few, ignoring the will of the vast majority and the human and environmental price we all have to pay. This intolerable situation must end.

United in one voice, we will let politicians, and the financial elites they serve, know it is up to us, the people, to decide our future. We are not goods in the hands of politicians and bankers who do not represent us.

On October 15th, we will meet on the streets to initiate the global change we want. We will peacefully demonstrate, talk and organize until we make it happen.

It’s time for us to unite. It’s time for them to listen.

People of the world, rise up on October 15th!

Blogger extraordinaire, Jesse LaGreca, aka MinistryOfTruth, was interviewed by Susie Madrak of Crooks & Liars. Jesse recounted at Daily Kos about being assaulted by a man who was pitching a fit and looking for a fight and discovered that James O’Keefe was lurking in Liberty Park, as well as, some right wing trolls. He warned that the “Empire” is striking back.

The Los Angeles City Council has introduced a three page resolution in support of #OccupyLA that is expected to pass today. h/t Crooks & Liars

From Kevin Gosztola , who has been indefatigable in his coverage of #OWS at FDL:

The issue of the Democratic Party trying to co-opt the growing “Occupy” movement has become a topic of establishment media conversation. It is being discussed through the lens of whether this movement will do for Democrats what the Tea Party did for Republicans in 2010. It is also being discussed in terms of how to use the broad-based anger and energy to advance Democratic policy proposals in Congress. []

Democrats may believe “people are people” but they certainly haven’t done anything to address the issue of corporate personhood in America. The passage of the Credit Cardholder’s Bill of Rights is nothing to tout. As William Greider of The Nation wrote, it basically consisted of regulatory rules that had previously been adopted by the Federal Reserve. It gave the industry nine additional months to “gouge” customers before the new rules went into effect. And, Visa and MasterCard, Citigroup and JPMorgan Chase were “free to raise future interest rates to the sky-without limit.” Additionally, Schultz must be lunatic if she thinks this group is going to coalesce behind the nomination of Richard Cordray, whom Obama picked because he didn’t want to upset his Wall Street donors and push for Elizabeth Warren to be nominated. []

The people’s ability to influence power has been neutralized by corporate and special interest money. It has been neutralized by bureaucracies whose existence in government is more important than the damage they do to liberty and justice in society. And, it has been neutralized by two parties who give Americans the illusion of choice and cite the other party’s most frightening and upsetting features to intimidate citizens into perpetuating and reinforcing the worst aspects of the system.

The people have woken up. They won’t go to sleep because they realize the last option they have for improving their lives and the greater society is public rebellion. Everything else is futile.

Included in Kevin’s great analysis of the Democrats’ attempts to co-opt the OWS movement was this segment of “Hardball” with Chris Matthews and Ron Reagan

   REAGAN: This is a movement that has a broad-based anger and the challenge it seems to me for the Democratic Party if they want to somehow join the movement or co-opt the movement, however you want to put it, is that these folks are just as mad at them as they are with the Republicans. The Republicans may be more egregiously in the hip pocket of Wall Street and the bankers but the Democrats are too. There are plenty of Democratic congressmen and senators who have staked their whole careers on providing tax loopholes for the richest 1%. They’re not the natural allies of the “Occupy Wall Street” movement.

   MATTHEWS: And, by the way, let’s not forget the Democrats controlled both Houses of Congress and the White House at numerous times in our lifetime and they didn’t fix the tax system when they had all the power in the world. []

   REAGAN:The problem is, again, that these people are angry at a system that has been rigged by both parties to serve moneyed interests. The Democrats have been complicit in that just as the Republicans have been complicit in that. Your question to Debbie Wasserman-Schultz, “What are you going to offer these people?” is exactly the question. What are the Democrats going to offer these people? Are they going to throw some bankers in jail? Are they going to close the loopholes for the richest 1%? I’m not so sure that all the Democrats are on board with that.

   MATTHEWS: I wonder if both parties aren’t hoping for colder weather to come soon because then they can say what a great demonstration of unhappiness and how wonderful it’s over because then we don’t have to worry about it anymore.

Matthews is a clueless, twit. The cold didn’t stop the protests in Madison, WI.

If you can’t beat them then try to hijack their cause.

When I first wrote in defense of the Occupy Wall Street protests a couple of weeks ago, I suggested that much of the scorn then being expressed by many progressives was “grounded in the belief that the only valid form of political activism is support for Democratic Party candidates.” Since then, even the most establishment Democrats have fundamentally changed how they talk about the protests – from condescension and hostility to respect and even support – and The New York Times today makes clear one significant factor accounting for this change:

Leading Democratic figures, including party fund-raisers and a top ally of President Obama, are embracing the spread of the anti-Wall Street protests in a clear sign that members of the Democratic establishment see the movement as a way to align disenchanted Americans with their party.

The Democratic Congressional Campaign Committee, the party’s powerful House fund-raising arm, is circulating a petition seeking 100,000 party supporters to declare that “I stand with the Occupy Wall Street protests.”

The Center for American Progress, a liberal organization run by John D. Podesta, who helped lead Mr. Obama’s 2008 transition, credits the protests with tapping into pent-up anger over a political system that it says rewards the rich over the working class – a populist theme now being emphasized by the White House and the party. The center has encouraged and sought to help coordinate protests in different cities.

[]

Can that scheme work? Can the Occupy Wall Street protests be transformed into a get-out-the-vote organ of Obama 2012 and the Democratic Party? To determine if this is likely, let’s review a few relevant facts.

The last and best part of Glenn’s article is the up date:

UPDATE: Here are the top recipients of campaign donations from the “securities and investment” industry from 1989 through 2010 (h/t muddy thinking):

Click on image to enlarge

Would it not be a bit odd for a protest movement to “Occupy Wall Street” while simultaneously devoting itself to keeping Wall Street’s most lavishly funded politician in power?

Former Sen. Russ Feingold, founder of Progressives United, tells Keith he both supports and is excited about the Occupy protests. Feingold is calling on Democrats to not play “cautious politics” and to join the movement, saying conservatives are attempting to mock the protests because “they’re very nervous that this might work.” Feingold adds, “My sense is that there is great fear that this sweet deal that a lot of these people have in both Washington and New York … is finally being threatened and challenged.”

How magnanimous of NYC Mayor Michael Bloomberg to “allow the Wall Street protesters to stay indefinitely. Making the statement at the Columbus Day parade, Bloomberg also proclaimed that:

“This is the place where you can protest,” Bloomberg said last week, calling New York the “most tolerant, open city in the world.”

Is that so. Mike? How about your out of control police white shirts that indiscriminately pepper spray lawful protesters and lead them on to the roadway of the Brooklyn Bridge only to set them up for arrest? Are you going to pay back the tax payers of NYC for the cost of defending the lawsuits that will generate? Not to mention the pay out when the city is found libel for police brutality and entrapment.

As for “letting the protesters stay”, reality is that the mayor has no power to make them leave. The Zucotti park is what is known as a privately owned public space and there are over five hundred such spaces in NYC, including Tompkins Square Park, that are part of a program to encourage private developers to provide indoor and outdoor public spaces. Under the agreement these spaces are open to the public 24/7 and neither the police or the owners have the right or remove anyone so long as they abide by the law and the reasonable rules established by the private owners.

Tough, ain’t it, Mike, you aren’t a dictator.

The ice cream brand has issued a statement supporting the Wall Street protests. So what flavour should that solidarity come in?

The board of directors of well-known ice cream brand Ben & Jerry’s has issued a statement, “We stand with you”, in support of the Occupy Wall Street movement:

   “As a board and as a company we have actively been involved with these issues for years but your efforts have put them out front in a way we have not been able to do. We have provided support to citizens’ efforts to rein in corporate money in politics, we pay a livable wage to our employees, we directly support family farms and we are working to source fairly traded ingredients for all our products. But we realize that Occupy Wall Street is calling for systemic change. We support this call to action and are honored to join you in this call to take back our nation and democracy.”

NEW YORK (CNNMoney) — Occupy Wall Street is on the move … uptown.

Why uptown? Because that’s where the rich folks live!

Organizers are planning a march on Tuesday that will visit the homes of JP Morgan Chase (JPM, Fortune 500) CEO Jamie Dimon, billionaire David Koch, hedge fund honcho John Paulson, Howard Milstein, and News Corp (NWSA, Fortune 500) CEO Rupert Murdoch.

The millionaires and billionaires are being targeted for what event organizers called a “willingness to hoard wealth at the expense of the 99%.”

Fellow blogger and one of the long term under-/unemployed, Jesse LaGrega, participated in ABC’s “This Week with Christiane Amanpour”. He not only held his own with the Village pundits, he left George Will speechless and shreds out of touch elitist Peggy Noonan.

Jesse was also recognized by Truthdig as their Truthdigger of the Week for his priceless take down of Fox News and educating them about Occupy Wall Street. Congratulations to Jesse. Now somebody give this man a job in the media.

From Scarecrow at FDL:

As the Occupy Wall Street protests spread from Lower Manhattan to Washington and other cities, the chattering classes keep complaining that the marchers lack a clear message and specific policy prescriptions. The message – and the solutions – should be obvious to anyone who has been paying attention since the economy went into a recession that continues to sock the middle class while the rich have recovered and prospered. The problem is that no one in Washington has been listening.

At this point, protest is the message: income inequality is grinding down that middle class, increasing the ranks of the poor, and threatening to create a permanent underclass of able, willing but jobless people. On one level, the protesters, most of them young, are giving voice to a generation of lost opportunity.

[]

It is not the job of the protesters to draft legislation. That’s the job of the nation’s leaders, and if they had been doing it all along there might not be a need for these marches and rallies. Because they have not, the public airing of grievances is a legitimate and important end in itself. It is also the first line of defense against a return to the Wall Street ways that plunged the nation into an economic crisis from which it has yet to emerge.

Former Congressman and now congressional candidate from his old Florida district, Alan Grayson was a guest on Bill Maher’s Real Time on HBO along with former humorist PJ O’Rourke. When the subject turned to Occupy Wall Street Grayson gave O’Rourke a priceless lesson in basic economics.

Thanks to Crooks & Liars for both the video and the transcript.

O’Rourke: Get your shoes off, get a bongo drum, forget where to go to the bathroom and it’s yours.

Grayson: If I am the spokesman for all the people who think we should not have twenty four million people in this country who can’t find a full time job. That we should not have fifty million people who can’t see a doctor when they’re sick. That we shouldn’t have forty seven million people of this country who need government help to feed themselves. And we shouldn’t have fifteen million families who owe more on their mortgage than the value of home, OK, I’ll be that spokesman..

Up Date:

What Yves Smith said

One of the intriguing things about the commentary by the media and political operatives on OccupyWallStreet is how often they try to denigrate it, usually via ridicule and attacks on the appearance or presumed demographics of the participants. The underlying message is that the protestors are slovenly unproductive losers and hence have nothing in common with respectable middle class people. That flies in the face of the evidence on the ground, where the crowd in Zuccotti Park has gotten to be both older and more mixed ethnically than it was at its inception, and many of the Occupy demonstrations in other cities have solid representation of the middle aged and retirees.

Alan Grayson spoke with Rachel Maddow about the litany of economic grievances that are behind the Occupy Wall Street movement sweeping across America.

Yesterday afternoon Occupy Wall Street expanded from the over crowded Liberty Park with an orderly gathering at Washington Square Park in Greenwich Village

Hundreds of Occupy Wall Street demonstrators streamed across the threshold of Washington Square Park on Saturday afternoon after a spirited but conflict-free march from the financial district.

As a throng of protesters filled the historic public space, at the heart of Greenwich Village, a chant rose up – from voices young, old and in-between – casting their movement as an intractable majority fed up with the nation’s financial inequities.

“We are the 99 percent,” they yelled, referring to the movement’s slogan. Some banged drums. Others poked placards with various slogans toward blue skies on an unseasonably warm October weekend. Septuagenarians were in the crowd; one man walked a toddler on his feet.

Gothamist has some great updates and pictures

H/T to Yves Smith at her blog, naked capitalism, for this video:

On the Real News Network, Michael Hudson discusses some possible ideas for reforming finance to deal with the concerns raised by the OccupyWallStreet movement. I’ve noticed both here and on some news stories I heard in passing on MSNBC on Friday that the OccupyWallStreet movement has already succeeded in expanding the space of what is now being discussed as remedies.

What’s the matter with Mike Bloomberg?

Old Man Bloomberg Tired Of Occupy Wall Street’s Attempts To “Destroy Jobs”

In his weekly radio address, billionaire autocrat Michael Bloomberg took the opportunity to criticize the groups of students, labor unions, and other demonstrators who haven taken to Lower Manhattan to protest the state of our economy. “They’re trying to take away the tax base we have, because none of this is good for tourism,” Bloomberg said, apparently unaware that the tourists are eating it up and that some of the protesters are tourists themselves. He also claimed that those in Zuccotti Park were “trying to destroy the jobs of working people in this city.”

[]

Bloomberg began talking about the protests after a caller who claimed to live above Zuccotti Park said the park was “unusable” and complained of the group’s “incivility.” The mayor said “he couldn’t agree more.” According to the Times he also compared the protests to those in Vietnam for a second time in a week, noting that today’s anti-war protesters are respectful of veterans. “The Vietnam War, which was my generation, we treated our vets who came back terribly, just terribly,” he said. So, these protests are analogous to Vietnam in that they’re both pointless, job-killing nuisances?

He needs to allay the fears of his billionaire bankster buddies who are afraid that they might have to join Bernie Madoff in a federal prison.

NEW YORK — It’s rare that Mae Singerman, a self-described secular Jew who grew up in a Reform family, observes Yom Kippur by praying, fasting or attending synagogue.

But at sundown on Friday, the 27-year-old from Brooklyn planned to join hundreds of other Jews at the Occupy Wall Street demonstration for Kol Nidre, the opening service of Yom Kippur that starts the holiest time on the Jewish calendar.

“For me, it’s about bringing my Jewish identity and my politics together,” said Singerman, who has participated in several anti-capitalism protests in recent years and visited the demonstration at Zuccotti Park for the first time last week. “Having a Jewish service or ceremony brings more Jews who wouldn’t necessarily come. I know people coming tonight who are pretty skeptical about Occupy Wall Street but are willing to give it a try because of the Yom Kippur service.”

Organized mostly via Facebook over the last week, the Kol Nidre service starts at 7 p.m. across from the downtown park where demonstrations have occurred since mid-September. Almost 500 people have RSVP’d on Facebook, although at least a few dozen of them are out-of-towners who are just showing their support.

The service, led by rabbis and students from several Jewish traditions, has been endorsed by Jewish organizations such as Jews for Racial and Economic Justice and the Shalom Center. The Rabbinical Assembly for Conservative Judaism has donated 100 prayer books for the service, and organizers say that the Battery Park Synagogue and Chabad of Wall Street have welcomed holy-day observers who spend the night at the protest camp to come pray at Saturday services. Similar Kol Nidre services have also been planned in Boston, Philadelphia and Washington, D.C.