From the week of May 24 to May 30, 2015
- Alternative Banking at the Left Forum
- What is Occupy Up To? Saturday, May 30 3:15 – 5 pm
- Open Discussion on the Financial System’s Dysfunction and Alternatives Sunday, May 31 10 am -12 noon
At the last meeting, we agreed that at the Left Forum we would discuss what we mean by “Alternatives”.
There have been reform proposals such as:
These suggest things like “Breaking up the Banks”, “End Corporate Welfare”, “Make Full Employment the Goal” that basically are trying to make the current economic system work the way it is supposed to.
Then there are proposals to change the system more fundamentally:
From the week of May 17 to May 23, 2015
- Fossil fuels subsidized by $10m a minute, says IMF That is $5.300,000,000,000 a year
- Who says we can’t afford to address climate change? If we just stop digging a bigger hole, it would be a big step forward.
- McDonald’s workers fight for $15 wage
- Judge finds banks enormously deceitful during mortgage crisis. Sounds like fraud. Will our new AG prosecute?
- Rigging of Foreign Exchange Market Makes Felons of Top Banks
- Mathbabe comment
- Avid readers of this site heard about this 15 months ago
- Some SEC commissioners think there should be real accountability (and get outvoted by our wonderful SEC Chair Mary Jo White) is this just a charade?
- Integrity Is Still Lost on Wall Street, Survey Finds
- Robert Reich’s Ideas to Save the Economy #4: Bust Up Wall Street
- Let’s put alternative in Alternative Banking
- Matt Taibbi, interviewed on Democracy Now, discusses the recent banking fines and guilty pleas (but nobody going to jail anyway), ‘Broken Windows’ policing (many people going to jail), and how the ‘Broken Windows’ theory and ‘Stop and Frisk’ police tactic led to Baltimore resistance following murder of Freddie Gray. Plus support for Bernie Sanders as honest presidential candidate and active opponent of Wall Street ‘Broken System’ crime. Video and complete transcript. Part Two of the discussion and transcript.
- Kansas redistributes money from the poor to the banks
From the week of May 10 to May 16, 2015
- Gov. Andrew M. Cuomo ordered emergency measures on Sunday to combat the wage theft and health hazards faced by the thousands of people who work in New York State’s nail salon industry.
- Joseph Stiglitz and the Roosevelt Institute have just published a report analyzing the currently broken U.S. economy and presenting detailed policies and rules to fix it. Hour-long video, (with link to report) includes statements by Elizabeth Warren, Simon Johnson and de Blasio.
- What UberX Drivers Actually Earn. Emily Guendelsberger, in a thorough and thoroughly entertaining first-person story for Philadelphia City Paper. Eye-opening figures on what drivers actually earn. Brutal.
- Big Banks Expected to Plead Guilty to Felony Charges, but Punishments May Be Tempered “May be” means “will be”. Unfortunately, this hardly even qualifies as “news”
- One SEC Commissioner registers a public complaint (but gets outvoted)
- For 76 New Jobs, New York State Has Spent Tens of Millions The businesses getting the subsidies are happy.
- Art and inequality
- De Blasio’s Housing Push Spurs Anxiety Among Those It’s Meant to Help
From the week of May 3 to May 9, 2015
- We are excited to announce we will be teaching Occupy Summer School
- Inequality is a choice
- Sunday’s speaker, Scott Hutchins, discussed the homeless shelter system.
- “‘Our Demand Is Simple: Stop Killing Us.’ How a group of black social-media activists built the nation’s first 21st-century civil rights movement.” NYTimes article by Jay Caspian Kang (May 4, 2015)
- MasterCard doubles card numbers in Middle East, Africa
- The Price of Nice Nails (NYTimes 5/7/15); Part Two of report is now available here.
- NY City responds to activist pressure, bans credit checks for employment
- Real Estate tax abatements
- Wells Fargo commits outright fraud
- Appeals court rules unanimously that NSA data collection — which went on for years before Edward Snowden revealed it (and continued for years after) — is plainly illegal.
- Trans-Pacific Partnership will lead to a global race to the bottom
- Federal Election Commission chief says we can’t enforce the law, rampant disrespect for rules that are on the book