From the NYT – Gives some even scarier insight into lending practices leading up to the subprime mortgage crisis. And also some new stats on the bailout. (source) One memory particularly troubles Theckston. He says that some account executives earned a commission seven times higher from subprime loans, rather than prime mortgages. So they looked [...]
Hope for the downtrodden? A new hero for our times? In one of the greatest signs yet that the 99 Percenters are having an impact, Rep. Ted Deutch (D-FL), a member of the House Judiciary Committee, today introduced an amendment that would ban corporate money in politics and end corporate personhood once and for all. [...]
A few resources germane to the exploring the mechanics of the gap between the “1%” and the “99%”, or more specifically, the compensation ratios between CEOs and workers that contributed to the financial crisis of 2008 and 2009, leading to the situation that we find ourselves in now. The Dodd – Frank Act sought to [...]
I’ve been digging around about pepper spray. I think I mentioned once somewhere that I got on the wrong end of a pepper spray when one went off in the cab of a log truck (stationary, thank goddess). It’s handy stuff as a bear repellant, and that’s why it was in there. Anyway, that shit [...]
I don’t usually waste time with what the talking heads on Fox News have to say, but this is really something. A discussion, which is not the right word at all but never mind, about the pepper spraying incident at UC Davis between that dipstick O’Reilly and one Megyn Kelly, who is some kind of [...]
Brother Pike, the neanderthal campus cop from UC Davis, is now a household meme, and has undoubtedly done more to popularize the OWS movement among young and old than any single individual that springs to mind at the moment. And deservedly so too. In his case it’s not just the pepper spraying, it’s the sheer [...]
Keith Olbermann, who some of you will remember from “Countdown” on MSNBC, and now on Current TV, is on a roll here on the topic of police violence toward OWS. (Thanks to KevinNevada for the link). There’s some historical context in this rant by Olbermann that is so far being largely ignored by the MSM [...]
The photo was taken by Rolling Stone photo editor, Sacha Lecca. He writes: This was on Pine Street, feet from the intersection of Pine and Nassau where there had just been a lot of arrests, some very rough. The police had just pushed the crowd onto the sidewalks, leaving the street clear. This photo was [...]
Nichols said a policewoman jabbed her in the ribs with a baton and pressed it against her throat. That made her angry. She yelled at the officer, saying she was being mistreated. That’s when another officer shot her with pepper spray. A photo by The Oregonian’s Randy L. Rasmussen, which flashed across social media websites, [...]
Here’s Bill Moyers in a four minute explication of why OWS exists, though it was made in May of 2010, when OWS did not yet exist. Four minutes out of one of your Sundays, that’s all, and worth it;