Tag: Politics

Nevada AG Indicts Title Company Officers

Nevada Attorney General Catherine Cotez Masto has filed a 606 count criminal indictment against two title company employees for for supervising the filing of tens of thousands of fraudulent documents in a robo-signing scheme. This is the statement from Masto’s office (pdf):

   The Office of the Nevada Attorney General announced today that the Clark County grand jury has returned a 606 count indictment against two title officers, Gary Trafford and Gerri Sheppard, who directed and supervised a robo-signing scheme which resulted in the filing of tens of thousands of fraudulent documents with the Clark County Recorder’s Office between 2005 and 2008.

   According to the indictment, defendant Gary Trafford, a California resident, is charged with 102 counts of offering false instruments for recording (category C felony); false certification on certain instruments (category D felony); and notarization of the signature of a person not in the presence of a notary public (a gross misdemeanor). The indictment charges d efendant Gerri Sheppard, also a California resident, with 100 counts of offering false instruments for recording (category C felony); false certification on certain instruments (category D felony); and notarization of the signature of a person not in the presence of a notary public (a gross misdemeanor).

   “The grand jury found probable cause that there was a robo-signing scheme which resulted in the filing of tens of thousands of fraudulent documents with the Clark County Recorder’s Office between 2005 and 2008,”said Chief Deputy Attorney General John Kelleher.

   The indictment alleges that both defendants directed the fraudulent notarization and filing of documents which were used to initiate foreclosure on local homeowners.

   The State alleges that these documents, referred to as Notices of Default, or “NODs”, were prepared locally. The State alleges that the defendants directed employees under their supervision, to forge their names on foreclosure documents, then notarize the signatures they just forged, thereby fraudulently attesting that the defendants actually signed the documents, which was untrue and in violation of State law. The defendants then allegedly directed the employees under their supervision to file the fraudulent documents with the Clark County Recorder’s office, to be used to start foreclosures on homes throughout the County.

   The indictment alleges that these crimes were done in secret in order to avoid detection. The fraudulent NODs were allegedly forged locally to allow them to be filed at the Clark County Recorder’s office on the same day they were prepared.

Although the two Lender Processing Services employees, Gary Trafford and Gerri Sheppard, are deemed to be little fish there is speculation the Ms. Masto is using this as a hook to an go after the whales. Yves Smith at naked capitalism:

   That strongly suggests that Masto is, as we suggested earlier, using these indictments as a wedge to go after much broader abuses in the servicing industry. LPS’s biggest business is its Default Services Group, which both managed the operations of foreclosure mills (people with knowledge of LPS charge that the firm even kicks out certain standard form documents for foreclosure mill attorneys to file) and also often acted as the arms and legs of servicers in other arenas (for instance, managing, or more accurately, mismanaging property seized in foreclosure).

   LPS has always taken the position that anything it did was at the direction of and with the full knowledge of the servicers. If Masto is shrewd, her objective will be to audit LPSs’ software, since that will demonstrate pattern and practice, and it will be impossible for servicers to deny that processes embodied in ongoing, routinized activities were unknown to them.

David Dayen at FDL agrees that this may well be the first step in getting the higher ups who made, and are still, making a fortune on foreclosures:

LPS hasn’t been indicted, but you can see where this is going. We know enough now to know that this casual forgery and document fraud was official policy for the company. Indictments of Trafford and Sheppard will almost certainly not end there. Everyone who worked for LPS in Nevada will be culpable. [..]

The fact that they are LPS employees also suggests this is just a first step. This could be a way to get at the software that LPS uses to create documents, which would prove pattern and practice. LPS was central to the entire robo-signing scheme across foreclosure mill law firms and mortgage servicers. And they consistently maintain that they worked at the direction of the servicers and with their full knowledge. So that ropes in the servicers as well.

This is a very important indictment, and it shows how methodical Masto has been about going after widespread industry abuse. It’s only just beginning, but bravo for her.

As has been reported, despite the meager attempts at an agreement to settle this and exonerate the banks of any wrong doing by several other Attorney Generals, the robo-signing continues:

   Reuters reviewed records of individual county clerk offices in five states — Florida, Massachusetts, New York, and North and South Carolina — with searchable online databases. Reuters also examined hundreds of documents from court case files, some obtained online and others provided by attorneys.

   The searches found more than 1,000 mortgage assignments that for multiple reasons appear questionable: promissory notes missing required endorsements or bearing faulty ones; and “complaints” (the legal documents that launch foreclosure suits) that appear to contain multiple incorrect facts.

   These are practices that the 14 banks and other loan servicers said had occurred only on a small scale and were halted more than six months ago. [..]

   Reuters reviewed records of individual county clerk offices in five states — Florida, Massachusetts, New York, and North and South Carolina — with searchable online databases. Reuters also examined hundreds of documents from court case files, some obtained online and others provided by attorneys.

   The searches found more than 1,000 mortgage assignments that for multiple reasons appear questionable: promissory notes missing required endorsements or bearing faulty ones; and “complaints” (the legal documents that launch foreclosure suits) that appear to contain multiple incorrect facts.

   These are practices that the 14 banks and other loan servicers said had occurred only on a small scale and were halted more than six months ago.

Meanwhile, as Yves Smith pointed out this Summer, the bankers continue to lie to congress that they have stopped the practice:

We’ve heard numerous bank executives swear piously before Congressional hearings that those “paperwork problems” that led major servicers to halt or slow foreclosures on a widespread basis last year were “mistakes”. That was already a really big lies, since “mistake” means the practice was not deliberate and was presumably isolated, when in fact robosigning was a widespread, institutionalized practice.

14 major servicers then swore in consent orders earlier this year that they’d stop doing all that bad stuff. But with compliance weak (the banks get to hire the overseers!), they appear to have decided they don’t need to change their ways all that much. Indeed, the record of consent orders is underwhelming; for instance, both Nevada and Arizona are suing Countrywide for violations of past agreements.

Meanwhile the Obama Justice Department continues to try to sweep this massive fraud under the rug.

Yes, bravo, Ms. Masto.

Nevada Robosigning Indicment 11-16-11

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Chris Hedges: This Is What Revolution Looks Like

Welcome to the revolution. Our elites have exposed their hand. They have nothing to offer. They can destroy but they cannot build. They can repress but they cannot lead. They can steal but they cannot share. They can talk but they cannot speak. They are as dead and useless to us as the water-soaked books, tents, sleeping bags, suitcases, food boxes and clothes that were tossed by sanitation workers Tuesday morning into garbage trucks in New York City. They have no ideas, no plans and no vision for the future.

Our decaying corporate regime has strutted in Portland, Oakland and New York with their baton-wielding cops into a fool’s paradise. They think they can clean up “the mess”-always employing the language of personal hygiene and public security-by making us disappear. They think we will all go home and accept their corporate nation, a nation where crime and government policy have become indistinguishable, where nothing in America, including the ordinary citizen, is deemed by those in power worth protecting or preserving, where corporate oligarchs awash in hundreds of millions of dollars are permitted to loot and pillage the last shreds of collective wealth, human capital and natural resources, a nation where the poor do not eat and workers do not work, a nation where the sick die and children go hungry, a nation where the consent of the governed and the voice of the people is a cruel joke.

New York Times Editorial: Europe’s Contagion

Two years of gross mismanagement of the euro-zone debt crisis have all too predictably produced a wider crisis of market confidence that now threatens the entire 17-nation euro zone. This week’s formation of new technocrat-led governments in Greece and Italy has not calmed fears. Practically every euro zone country is paying the price in higher interest costs and ebbing economic growth.

The only country that isn’t suffering – yet – is Germany, whose competitive export-driven economy feeds on foreign demand and an exchange rate held down by its neighbors’ troubles. But all European countries cannot be Germany and run net surpluses, especially if Berlin insists on policies that keep factories shuttered and workers unemployed.

And German leaders are wrong if they think their country will remain unscathed as its major trading partners and neighbors unravel.

Robert Sheer: The Villain Occupy Wall Street Has Been Waiting For

In the pantheon of billionaires without shame, Michael Bloomberg, the Wall Street banker-turned-business-press-lord-turned-mayor, is now secure at the top. What is so offensive is that someone who abetted Wall Street greed, and benefited as much as anyone from it, has no compunction about ruthlessly repressing those who dare exercise their constitutional “right of the people peaceably to assemble, and to petition the Government for a redress of grievances” that he helped to create.

You would think that a former partner at the investment bank Solomon Brothers, which originated mortgage-backed securities, a man who then partnered with Merrill Lynch in the high-speed computerized trading that has led to so much financial manipulation, would have some sense of his own culpability. Or at least that someone whose Wall Street career left him with a net worth of $19.5 billion would grasp the deep irony of his being the instrument for smashing Occupy Wall Street, the internationally acknowledged symbol of opposition to corporate avarice.

But only in America is the arrogance of the superrich so perfectly concealed by the pretense of democracy that the 12th richest man in the nation can suppress dissent against corporate rapacity and expect his brutal actions to be viewed not as a means of preserving his own class privilege but as bureaucratically necessary to providing sanitary streets.

E.J. Dionne, Jr.: The Easiest Way to Cut the Deficit

Here is a surefire way to cut $7.1 trillion from the deficit over the next decade. Do nothing.

That’s right. If Congress simply fails to act between now and Jan. 1, 2013, the tax cuts passed under President George W. Bush expire, $1.2 trillion in additional budget cuts go through under the terms of last summer’s debt ceiling deal, and a variety of other tax cuts also go away.

Knowing this, are you still sure that a “failure” by the congressional supercommittee to reach a deal would be such a disaster?

In an ideal world, of course, reasonable members of Congress could agree to a balanced package of long-term spending cuts and tax increases to begin bringing the deficit down, coupled with short-term measures to boost the economy.

Gail Collins: Something to Shoot For

You may have noticed that Congress is unpopular.

Really, really unpopular, actually. Only 9 percent of Americans approve of the way Congress has been doing its job, according the latest New York Times/CBS News poll. And you do sort of wonder about that 9 percent. Do you think they misheard and thought they were being asked: “Do you approve of Christmas?”

This week, the House of Representatives took time out of its busy schedule of going home for vacation to remind us, once again, why it has the strong support of about as many people who believe Rick Perry should be the next president of the United States. It approved a bill requiring states with strict gun regulations to honor concealed weapon carry permits issued in states where the gun rules are slightly more lax than the restrictions on who can dispense ice cream cones from a truck.

Richard D. Wolff: Criticism, Violence and Roosting Chickens

The 99 percent offered criticism of the 1 percent. They exposed and made clear what most Americans know. They struggled peacefully to inform and mobilize public opinion. They won huge numbers of hearts and minds. The 1 percent in the US did what their counterparts in Tunisia, Egypt, Bahrain, and so on did earlier this year. First, they tried to deny the 99 percent the media access needed to reach the people. That failed. Then, they tried scattered police intimidation and pressure to stop the criticism. That failed. Then, Democratic Party operatives tried to convert the Occupiers to become Obama enthusiasts for next year’s election. That failed, too.

So now, the weapon of criticism wielded by the 99 percent suffers the counter criticism of violence by servants of the 1 percent. No one will miss which side resorted to organized, massive violence so early and so unnecessarily in this conflict. As in Iraq, Afghanistan, and elsewhere, having failed to win hearts and minds, US government agencies cover their failure by resorting to violence. Chickens raised abroad return home to roost as they often do. Consider the image: New York Police Department machines and personnel destroy the free library that had functioned so well in Zuccotti Park.

William Rivers Pitt: Deadly Secrets

The world is made of deadly secrets. We are surrounded by them, enveloped in them, yet are seldom able to see them for what they are … and when we do see them, it is a scarring, revolting, horrifying experience of revelation. The child rape scandal still unfolding at Penn State University is a case in point. I have friends and family who attended that school, who love the place with all their hearts, and when the gruesome secret of Jerry Sandusky’s alleged barbaric behavior exploded on to the front pages of every newspaper, a little piece of their hearts died forever.

It scalds when you find out you’ve been deceived, when something you loved and trusted is revealed as being rotten straight to the core, but it is better to know than to be in the dark. Jerry Sandusky’s power over the children he allegedly molested came from the secrecy he operated in. As soon as that secrecy was removed, his power over those children was ended. No matter how sickening the details may be, how heart-wrenching it is to hear and read what is nothing more or less than the stuff of nightmares, it is always better to know.

Occupy Wall St. Livestream: Day 62

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza 😉

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

November 17 International Day of Action

Call To Action!| Facebook Event | Twitter #N17 | Direct Action Resources

On Thursday November 17th, the two month anniversary of the Occupy Wall Street movement, we call upon the 99% to participate in a national day of direct action and celebration!

Robert Reich: “The days of apathy are over”

by Peter Finocchiaro

The former U.S. labor secretary vigorously defends OWS during a speech at Berkeley

Occupy Boston Wins Temporary Restraining Order from Judge

by Kevin Gosztola at FDL

A judge issued a temporary restraining order early this afternoon in favor of Occupy Boston. The order prevents the city from having the police raid the camp in the dark of night, as has happened in Oakland, Portland, New York, and other cities. It does, however, allow the city to evict the camp if there is an emergency (for example, if violence breaks out, if there is a fire, if there is a health/medical/sanitary issue, etc).

Judge Frances McIntyre entertained arguments from the ACLU of Massachusetts and the National Lawyers Guild and the city from 10 am to just before noon. There was a recess and then the court reconvened for another forty-five minutes at 12:30 pm.

During the hearing, McIntyre encouraged the city and occupiers to engage in mediation to come to some sort of agreement about when it would be appropriate and inappropriate to evict the occupation. She asked Howard Cooper (who represented Occupy on behalf of the ACLU of Massachusetts and the NLG) if he thought Occupy Boston would disperse from Dewey Square, the site of the occupation, if there were an emergency. She said, “You might point out to them that there are certain advantages to structure,” because Cooper could not answer definitively on behalf of the General Assembly as they had not discussed this yet.

You can follow Kevin Gosztola Live Blog for #Occupy Movement: Massive Day of Action to Shut Down Wall Street at FDL

The EuroZone Bubble

I’m no expert on the bond market but I do know that when a bond interest rates rise, it is more expensive for the holder of those bonds to borrow money. That’s an over simplification as it pertains to the situation that has been developing with the Eurozone that is possibly on the verge of collapse due to the economic instability of Greece and, now, Italy. Of course, it is affecting market around the world. On Tuesday there was a massive sell off of all Eurozone bonds that is threatening the stability of the Eurozone. David Dayen explains:

Under current arrangements, the Eurozone doesn’t even have the money to save Italy. If the core countries start to lose their credit ratings and cannot afford to borrow, we’re really just done here. Spanish debt is also above the level where they would need a bailout, another troublesome sign.

About the only country on somewhat solid footing is Germany, and this has sowed resentment, particularly because of their domineering response to the crisis. Austerity for thee and not for me is bound to create a backlash.

This is all happening because the European Central Bank refuses to honor the “central bank” part of its name. This is dragging down all of Europe. Edward Harrison works through the issues in Italy, which is ground zero here.

   Italy needs to run a primary budget surplus (excluding interest payments) of about 5 percent of GDP, merely to keep its debt ratio constant at present yields. It won’t ever be able to do so.

   Therefore, yields for Italian bonds must come down or Italy is insolvent as it must roll over 300 billion euros of debt in the next year alone.

   Austerity is not going to bring Italian yields back down. First, Italian solvency is now in question and weak hands will sell. Moreover, investors in all sovereign debt now fear that they are unhedged due to the Greek non-default plan worked out in Brussels last month. As Marshall Auerback told me, any money manager with fiduciary responsibility cannot buy Italian debt or any other euro member sovereign debt after this plan.

   Conclusion: Italy will face a liquidity-induced insolvency without central bank intervention. Investors will sell Italian bonds and yields will rise as the liquidity crisis becomes a self-fulfilling spiral: higher yields begetting worsening macro fundamentals leading to higher default risk and therefore even higher yields.

Nobel Prize winning economist, Paul Krugman, mostly agrees with Harrison’s assessment of how the euro will end if the ECB doesn’t step in with a massive bail out and adds his thoughts:

I might place greater emphasis on the immediate channel through which falling sovereign bond prices force bank deleveraging, but we’re picking nits here.

And this is totally right:

   If the ECB writes the check, the economic and market outcomes are vastly different than if they do not. Your personal outlook as an investor, business person or worker will change dramatically for decades to come based upon this one policy choice and how well-prepared for it you are.

Crunch time. If prejudice and false notions of prudence prevail, the world is about to take a major change for the worse.

There are a number of factors here. Without the backing of Germany, the only Eurozone country with money, the ECB doesn’t have enough money to cover Italy’s debt and Germany’s participation hinges on their demand for austerity measures. The the elephant of a question then becomes what happens if the ECB doesn’t write the check? What if the ECB let’s Italy default, what then?

Harrison’s article at naked capitalism on the Italian default scenarios is long but well worth reading for the suggestions for investors on how they can protect themselves in either event.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Wednesday is Ladies’ Day

Amy Goodman: The Brave New World of Occupy Wall Street

We got word just after 1 a.m. Tuesday that New York City police were raiding the Occupy Wall Street encampment. I raced down with the “Democracy Now!” news team to Zuccotti Park, renamed Liberty Square. Hundreds of riot police had already surrounded the area. As they ripped down the tents, city sanitation workers were throwing the protesters’ belongings into dump trucks. Beyond the barricades, back in the heart of the park, 200 to 300 people locked arms, refusing to cede the space they had occupied for almost two months. They were being handcuffed and arrested, one by one.  [..]

A New York state judge ruled late Tuesday that the eviction will stand, and that protesters cannot return to Zuccotti Park with sleeping bags or tents. After the ruling, a constitutional attorney sent me a text message: “Just remember: the movement is in the streets. Courts are always last resorts.” Or, as Patti Smith famously sings, “People Have the Power.”

Katrina vanden Heuvel; Progressives on the march to take over Congress

Progressives are on the move once more. Wisconsin lit the spark, as workers, students, teachers and farmers occupied the state’s capitol in February and launched recall elections that sobered conservative Republican Gov. Scott Walker and his legislative allies. Occupy Wall Street turned that spark into a conflagration that swept the nation. Last week, in Ohio and Maine and even Mississippi, voters overwhelmingly rejected efforts to trample worker rights, constrict the right to vote and roll back women’s rights.

These electoral victories have led pundits to wonder whether Occupy Wall Street will imitate the Tea Party and stand candidates for office. But Occupy is a protest movement – one that has transformed the landscape of politics, by forcing the country to face the reality of entrenched inequality and power and address what should be done about it. It will take others to fill the space that it has opened.

Mary Bottari As Zuccotti Park Is Cleared, Congress Moves to Gut Financial Reform

In the dead of night last night, the movement to hold big banks accountable for their crimes took two major hits. Occupy Wall Street activists were swept from Zuccotti Park as radical members of Congress moved to gut funding for the Commodity Futures Trading Commission (CFTC) and advance a series of shocking proposals to roll back financial reform.

Midnight Madness

Mayor Bloomberg decided that a bit of dirt and grime was worth risking a riot. He arrested over 70 in Zuccotti Park, issuing a lengthy and unconvincing statement regarding the dangers of camping. So worried was the NYPD about what might happen, they forced down a CBS helicopter filming from above, according to Gawker.

On Capitol Hill, a similar rout was taking place in the dead of night. In a fast move that deals a serious blow to a key regulator in charge of Wall Street derivatives trading, Obama’s budget request for CFTC was cut by more than a third by GOP legislators eager to kill any oversight of Wall Street.

Anne Applebaum: La Commedia è Finita!

All political careers end in failure, a British politician once said. Even so, politicians rarely fail as spectacularly as did Silvio Berlusconi, who at long last resigned on Saturday night, to the cheers of his countrymen (“la commedia è finita!” writes an Italian friend) and the approval of stock markets around the world.



Not that he is aware of having failed: On the contrary, Berlusconi clung to power-petulantly, angrily-until the bitter end. He finally left office only because “eight traitors,” in his words, failed to support him during a vote last week, and he lost his parliamentary majority. Had that not happened, he surely would have carried on, even as the Italian financial system collapsed in a hail of fire and brimstone all around him.



I leave it to others to puzzle out what will happen to the Italian financial system next, and I don’t envy them. A couple of weeks ago, I heard a senior European central banker solemnly declare that the future of the entire continent might well depend upon whether and when his colleagues would once again begin to purchase Italian government bonds. It is bad enough that Greece is about to go down in flames. But Italy? The fourth-largest economy in Europe? The eighth-largest economy in the world?

Birgitta Jónsdóttir: Lessons from Iceland: The People Can Have the Power

As early progress in Iceland shows since the banking collapse, the 21st century will be the century of the common people, of us

The Dutch minister of internal affairs said at a speech during free press day this year: “Law-making is like a sausage, no one really wants to know what is put in it.” He was referring to how expensive the Freedom of Information Act is, and was suggesting that journalists shouldn’t really be asking for so much governmental information. His words exposed one of the core problems in our democracies: too many people don’t care what goes into the sausage, not even the so-called law-makers, the parliamentarians.

If the 99% want to reclaim our power, our societies, we have to start somewhere. An important first step is to sever the ties between the corporations and the state by making the process of lawmaking more transparent and accessible for everyone who cares to know or contribute. We have to know what is in that law sausage; the monopoly of the corporate lobbyist has to end – especially when it comes to laws regulating banking and the internet.

Joan Walsh: Newt Gingrich: His baggage has baggage

The GOP presidential primary is a lot like a kindergarten t-ball game: When it comes to being in first place, just about everybody gets a turn. And now, congratulations, Newt Gingrich: It’s your turn!

Steve Kornacki wrote about the Public Policy Polling survey that found Gingrich is following in the footsteps of Donald Trump, Michele Bachmann, Rick Perry and Herman Cain as the Republican flavor of the week. Gingrich benefits from three things: A lot of Republicans can’t stand Mitt Romney, Cain and Perry have shamed themselves in public, and by contrast, he’s had no bad debates. So far he’s come off as smart and affable, trying to rally his rivals against the big, bad media that’s trying to get them to fight.

Since Gingrich has mostly been in single digits, far back in the polls, his rivals have humored him and ignored his liabilities. That’s about to change, and Gingrich, like Perry, Cain and Michele Bachmann before him, will likewise wither under the hot sun of political scrutiny. The seemingly affable professor and author is a hothead with many political liabilities and almost as many enemies. He’s committed so many political and ethical transgressions that his baggage has baggage.

Laurie PennyOccupy Wall Street: Police Violence Reveals a Corrupt System

Better-off Occupy Wall Street protesters are learning something about the relationship between citizen and state

At four in the morning in lower Manhattan, as what remains of the Occupy Wall Street encampment is loaded into trash compacters, some protesters have still not given up on the police. Kevin Sheneberger tries to engage one NYPD officer in a serious debate about the role of law enforcement in public protest. Then he sees them loading his friend’s tent into the back of a rubbish truck. Behind him, a teenage girl holds a hastily written sign saying: “NYPD, we trusted you – you were supposed to protect us!”

The sentiment is a familiar one. Across Europe, over a year of demonstrations, occupations and civil disobedience, anti-austerity protesters have largely shifted from declaring solidarity with the police – as fellow workers whose jobs and pensions are also under threat – to outrage and anger at state violence against unarmed protesters. Following last month’s police brutality in Oakland, and today’s summary eviction of the Occupy Wall Street camp, American activists too are reaching the conclusion that “police protect the 1%”.

Occupy Wall St. Livestream: Day 61 We’re Stilll Standing

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza 😉

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

Keith’s Special Comment: Why Occupy Wall Street needs Michael Bloomberg

In a Special Comment, Keith contextualizes Mayor Bloomberg’s actions against Occupy Wall Street at Zuccotti Park and how they have – unintentionally – vaulted the movement from a local nuisance to a global platform for the disenfranchised.

Keith isn’t the only one who thinks that Bloomberg did the #OWS movement a favor, so do the #OWS leaders

Occupy Wall Street Leaders: “Bloomberg May Have Done Us A Great Favor”

by David Dayen at FDL

Members of the Occupy Wall Street movement said today on a conference call that the police action to evict protesters from Zuccotti Park will only amplify future efforts, starting on Thursday with a planned day of action that will occur at sites across the country.

“We’re going to get in the streets by the tens of thousands on Thursday,” said a member of the Occupy Wall Street movement, who requested that names not be used. “The energy that has erupted is just being amplified right now … Thursday will be even more militant and defiant than it was planned to be.”

November 17th will be unstoppable

by Sandra

Today, on November 15th, Mayor Bloomberg and the NYPD made a cowardly attempt to stomp out the spirited movement that sparked in Zuccotti Park two months ago, only to find the flame has spread too far and wide to be stifled. Hundreds have been arrested in New York City defending the birthplace of the Occupy movement, but what Bloomberg fails to understand is that the movement extends beyond the perimeters of Zuccotti Park. As the Occupy alert from last night reads, “You can’t evict an idea whose time has come.”

The country has woken up – we will no longer tolerate a political system ruled by the interests of the 1% at the expense of the rest of us.

That’s why on Thursday, November 17th, thousands of Americans in every corner of the country are pushing back against Wall Street corruption and greed in their communities. We will do all we can to assert our rights as the 99% and reclaim the American Dream.

Join the 99% on November 17th as we fight for accountability, justice, and democracy. Gather with your friends, family and neighbors to highlight work that needs doing in your community – whether a crumbling school building, deteriorating bridge, or a foreclosed home – and demand an economy that works for all.

This is a pivotal moment in history. Our actions have won national attention and the world is watching – let’s make our message loud and clear.

                 

Obama: Each city must decide how to handle Occupy Wall Street demonstrations

Sure, with just a little direction from Homeland Security and the FBI. Yes, Barack, the whole world is watching.

On Behalf of Occupy Boston Participants Who Fear Second Raid, ACLU of Massachusetts & NLG Attorneys File Suit

by Kevin Gosztola at FDL

The National Lawyers Guild and the American Civil Liberties Union of Massachusetts have filed a suit to protect the Occupy Boston encampment in Dewey Square from the kind of militarized police operation that has been carried out against occupations in New York, Portland, Oregon, and Oakland, California, in recent days. [..]

Tomorrow, the ACLU of Massachusetts and the National Lawyers Guild will be part of a hearing before Judge McIntyre at 10 am in Room 1008 in the Suffolk County Superior Court (3 Pemberton Square, near State House and Boston City Hall). Members of Occupy Boston are encouraging anyone in the regional area to come to the courthouse to show solidarity with the occupation.

The Disturbing Silencing of the Press in Last Night’s OWS Raid

by David Dayen at FDL

I’ve heard legal theories that the city of New York has the right to impose restrictions on the time, place and manner of the exercise of free speech. This will obviously play out in a court of law. I don’t know how anyone can reasonably look at the laws and say that the wholesale shutdown of the press, not only from the ground but from the air, is in any way a legal exercise. [..]

When you hear about police state crackdowns in the developing world, you typically hear that they go to knock out the communications first, so that nobody can bear witness to the ensuing repression. Michael Bloomberg learned this lesson well.

OWS Evictions Coordinated by Federal Agencies

As suspected and alluded to by Oakland Mayor Jean Quan in an interview with the BBC, the Department of Homeland Security and the FBI coordinated with mayors throughout the country on tactics to out Occupy Wall Street protesters from city parks. The heavy handed tactics has lead to police abuse, destruction of private property, illegal searches, injuries and arrests.

The official, who spoke on background to me late Monday evening, said that while local police agencies had received tactical and planning advice from national agencies, the ultimate decision on how each jurisdiction handles the Occupy protests ultimately rests with local law enforcement.

According to this official, in several recent conference calls and briefings, local police agencies were advised to seek a legal reason to evict residents of tent cities, focusing on zoning laws and existing curfew rules. Agencies were also advised to demonstrate a massive show of police force, including large numbers in riot gear. In particular, the FBI reportedly advised on press relations, with one presentation suggesting that any moves to evict protesters be coordinated for a time when the press was the least likely to be present.

(emphasis mine)

The raid on NYC’s Zuccotti Park happened just one day after the last raid on Oakland’s #OWS protest that precipitated the resignations of Mayor Quan’s legal advisor and friend, Dan Seigel and Deputy Mayor Sharon Cornu.

On her blog, Rachel Maddow makes the point that these raids, especially the police violence, only steels the protests resolve to continue:

{..} Greg Sargent argues that Occupy Wall Street accomplished something important today, despite the eviction. Ezra Klein asks whether or not Mayor Bloomberg, Brookfield and the NYPD have actually done the movement a favor. And my friends Allison Kilkenny and Amanda Marcotte both criticize the justification used not only for the city to clear the park, but to infringe upon First Amendment Rights.

Glenn Greenwald argues that the only laws being broken are by Mayor Bloomberg:

To justify his raid, Mayor Bloomberg said: “We must never be afraid to insist on compliance with our laws.” Leaving aside the fact that torturers, illegal eavesdroppers, wagers of aggressive war, Wall Streets defrauders, and mortgage thieves are some of his best friends who thrive and profit rather than sit in a jail cell, this is the same Mayor Bloomberg who, now beyond all dispute, is knowingly and deliberately breaking the law by violating a Court Order of which he is well aware. He’d be arrested for that if he weren’t a billionaire Mayor (and indeed, having seen that bevvy of political and financial elites break the law in the most egregious ways with total impunity over the last decade, why would Bloomberg be afraid of simply ignoring the law?).

Court Upholds Eviction of #OWS from Zuccotti Park

A Manhattan judge has ruled against the #OWS protesters, upholding the eviction and vacating the TRO:

A New York court has ruled that a pre-dawn police raid on the Occupy Wall Street camp at Zuccotti Park was legal.

The ruling means protesters will remain barred from setting up tents and sleeping in the park, although New York officials say protest will be allowed.

Here is Judge Michae Stallman’s decision:

   To the extent that City law prohibits the rerection of structures, the use  of gas or other combustible materials, and the accumulation of garbage and human waste in public places, enforcement of the law and the owner’s rules appears reasonable to permit the owner to maintain its space in a hygienic, safe, and lawful condition, and to prevent it from being liable by the city or others for violations of law, or in tort.  It also permits public access by those who live and work in the area who are the intended beneficiaries of this zoning bonus.

   The movants have not demonstrated that they have a first amendment right to remain in Zuccotti Park, along with their tents, structures, generators, and other installations to the exclusion of the owner’s reasonable rights and duties to maintain Zuccotti Park, or to the rights to public access of others who might wish to use the space safely.  Neither have the applicants shown a right to a temporary restraining order that would restrict the City’s enforcement of law so as to promote public health and safety.

   Therefore, petitioner’s application for a temporary restraining order is denied.

David Waldman aka KagroX

I wish I could defy a TRO and then win on appeal anyway. I’m gonna try that next time.

I don’t think that this is the end of this.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Felix Salmon: Krugman vs Summers: The debate

I’m glad I found myself in Toronto this evening, because tonight’s Munk Debate was illuminating and enjoyable. The motion was that “North America faces a Japan-style era of high unemployment and slow growth”; Paul Krugman was arguing for it, while Larry Summers was arguing against.

Krugman found himself with the home-team advantage through being paired with Canadian economist David Rosenberg; Summers had strong rhetorical backup from Eurasia Group’s Ian Bremmer. But at heart, this was Krugman vs Summers, which is an inspired match-up: especially in election season, one of the most important criteria for any debate is that it not cleave easily and obviously along party-political lines. That way people just end up voting their party and rehearsing tired party-political talking points.

This debate, because it took place within a basically Keynesian, leftist worldview, was very interesting. Both Krugman and Summers spent a lot of time saying that they agreed with each other – with one big difference. They both quoted Keynes as diagnosing “magneto trouble” – the engine of the economy is broken, and it needs to be fixed. Summers has faith that, in Churchill’s phrase, “Americans can always be counted on to do the right thing, after they have exhausted all other possibilities” – the right thing, here, being to fix the magneto with expansionary fiscal and monetary policy. Krugman, by contrast, sees political gridlock as far as the eye can see, and says that it doesn’t matter how innovative or philanthropic or demographically attractive the U.S. is – if you don’t fix the magneto, the car won’t start, and America’s magneto ain’t gonna get fixed any time soon.

New York Times Editorial: Health Reform and the Supreme Court

The Supreme Court’s decision to review the constitutionality of health care reform means it will be issuing a ruling in the middle of the 2012 presidential campaign. This can be a highly politicized court, and, for the public good and its own credibility, it must resist that impulse.

If the court follows its own precedents, as it should, this case should not be a close call: The reform law and a provision requiring most people to obtain health insurance or pay a penalty are clearly constitutional.

The court agreed to hear appeals from a ruling by the United States Court of Appeals for the 11th Circuit, which struck down the individual mandate to buy health insurance but left other parts of the law standing. Opponents of the law contend that Congress went beyond its authority in the reform measure. But Congress, under the commerce clause, plainly has the power to regulate the national health care market.

Eugene Robinson: The GOP’s Message Problem

Unemployment is at 9 percent, the housing market is moribund, “consumer confidence” is an oxymoron and three-fourths of Americans believe the country is on the wrong track. So how is it that President Obama leads each of his likely Republican opponents in the polls? And why on earth is the gap widening rather than closing?

It’s simple: Voters are paying attention to what the GOP field is saying-not just the applause-line attacks on Obama but also what the candidates propose to do about the economy. The more they talk, the more discouraged the electorate seems to become.

This should be the Republicans’ election to lose. They seem well on their way.

George Zornick: Will Clarence Thomas Recuse Himself From Obamacare Case?

Today, the Supreme Court agreed to hear constitutional challenges brought on by twenty-six states and a business group to President Obama’s healthcare reform bill. There will likely be arguments in the spring and a ruling by July, right in the heat of the presidential election.

This is a good time to recall that seventy-four members of Congress have signed a letter asking Justice Clarence Thomas to recuse himself from any ruling on the Affordable Care Act because of his wife’s work as a conservative activist and lobbyist, where she specifically agitated for the repeal of “Obamacare.” The recusal effort was spearheaded by Representative Anthony Weiner, and his resignation in June slowed the momentum around this issue on Capitol Hill-but there’s still ample evidence for concern.

Dave Zirin: The World Joe Paterno Made

Meet John Matko. John Matko is a 34-year-old Penn State class of 2000 alumnus, distraught by the recent revelations that Coach Joe Paterno and those in charge at his alma mater allegedly shielded a serial child rapist, assistant Jerry Sandusky. He was livid that students chose to riot on campus this week in defense of their legendary coach. He was disgusted that the Board of Trustees decided to go ahead as planned with Saturday’s Nebraska game just days after the revelations became public. John Matko felt angry and was compelled to act. He stood outside Saturday’s Penn State-Nebraska game in Happy Valley and held up two signs. One read, “Put abused kids first.” The other said, “Don’t be fooled, they all knew. Tom Bradley, everyone must go.” (Tom Bradley is the interim head coach.)

The response to Matko gives lie to the media portrayal of last Saturday’s game. We were told the atmosphere was “somber”, “sad” and “heart-rending”, as “the focus returned to the children.” The crowd was swathed in blue, because, we were told, that is the color of child abuse awareness (also the Penn State colors). The team linked arms emerging from the tunnel. They dropped to a knee with their Nebraska opponents at midfield before the game. Once again, broadcasters told us, “the players were paying tribute to the victims of child abuse.” We were told all of this, and I wish to God it was true.

Ann Wright: No Speedy Trial for Bradley Manning; Now in Pre-Trial Confinement for 560 Days

3 of 34 Arrested for Protesting Manning’s Quantico Pre-Trial Conditions Found Guilty of Obstruction of Traffic-$15 Fine

Five months ago, on April 22, 2011, over 400 citizens converged on Quantico Marine Base to protest the pre-trial conditions of alleged Wikileaks whistleblower US Army Private First Class Bradley Manning.  Manning was arrested on May 26, 2010, on a U.S. military base in Iraq on suspicion of giving classified material to the website WikiLeaks.

No Speedy Trial-Manning still in pre-trial confinement after 560 days

Manning still is in pre-trial confinement, 560 days after he was arrested.

Manning was charged on July 5, 2010, with transferring classified materials on his personal computer, and communicating national defense information to an unauthorized source. An additional 22 charges were added on March 1, 2011, including wrongfully obtaining classified material for the purpose of posting it on the Internet knowing that the information would be accessed by the enemy; the illegal transmission of defense information; fraud; and aiding the enemy.  In April, 2011, he was found fit to face a court martial and currently awaits the first hearing.

Occupy Wall St. Livestream: Day 60 #OWC NYC Has Been Raided

The NYPD raided Zuccotti Park this morning on the pretext that the site had become unsafe and unsanitary. There has also been some speculation that this was planned and coordinated by the Department of Homeland Security with the blessings of Barack Obama. Subway stations around the park have been closed and the Brooklyn Bridge has been closed. The protesters were given little notice of the eviction that started shortly after 1 AM EST when they were handed a flier that ordered them to leave. Police surrounded the park and refused to allow the press access. Most of the tents, sleeping bags, books and equipment was tossed into garbage trucks. There are videos and pictures of the police trashing and destroying the encampment while laughing and joking. The protesters have been told they will be allowed to return to the park but tents, sleeping bags and tarps are banned.

Reports from Brian Devereaux of Democracy Now courtesy of the Guardian‘s Liveblog:

   Hundreds of officers with the New York City Police Department descended on the Occupy Wall Street encampment in Lower Manhattan late this evening. At approximately 1.00am protesters say the NYPD set up emergency vehicles around the park and turned on massive flood lights. Scores of officers in riot gear began entering the park and handing out notices of eviction. Protesters say there was little time to respond the department’s orders to disperse. Several hundred of the demonstrators rallied around the park’s central eating area.

   With roughly 200 protesters collected in the kitchen space, police and sanitation workers began tearing down tents and any standing structures around the park. Protester’s belongings were thrown into massive piles then loaded into large trucks.

   Media were repeatedly directed away from the square and eventually confined to a metal pen at the far end of the block. Police buses were later parked in front of the pen, blocking clear shots of the park.

   Meanwhile in the kitchen area six protesters reportedly used bicycle locks to chain themselves together by the neck. The demonstrators gathered at the centre of the park were free to leave but chose to stay, forming seated columns with their arms locked.

   A mass of police officers began to gather around the kitchen area to begin arresting the remaining protesters. Reports from inside indicated the arrests were orderly and non-violent, but some protesters and press who managed to leave the area reported that they saw officers beating and stepping on demonstrators.

Police break up New York ‘Occupy’ camp

Police sweep into Manhattan park to dismantle camp that has become focal point for anti-Wall Street protests.

New York Police are evicting anti-Wall Street demonstrators from the New York square where the nationwide ‘Occupy’ movement first began.

“Liberty Square [Zuccotti Park], home of Occupy Wall Street for the past two months and birthplace of the 99% movement that has spread across the country and around the world, is presently being evicted by a large police force,” the demonstrators said in a statement released on Tuesday.Al Jazeera’s Cath Turner, reporting from New York City, said police used “heavy-handed” tactics to evict demonstrators.

“It seems like the New York Police Department came out about a half an hour ago, about 1:15 in the morning here in New York City, and have surrounded the park. Dozens, perhaps hundreds, of police started moving people from their tents.

“At the moment there are maybe a couple hundred people who are still sleeping down at Zuccotti Park for the Occupy Wall Street movement. They started pushing them out their tents and started clearing them out and pushing them away from the park.” [..]

Watch live streaming video from globalrevolution at livestream.com

OccupyWallStreet

The resistance continues at Liberty Square, with free pizza 😉

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

Occupy Wall Street NYC now has a web site for its General Assembly  with up dates and information. Very informative and user friendly. It has information about events, a bulletin board, groups and minutes of the GA meetings.

NYC General Assembly #OccupyWallStreet

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