Protest for economic justice and you are now a terrorist? Wonder why all of a sudden cities across America coordinated and shut down the Occupy Wall Street movement? Now we know and it was coordinated by the banks.
Think Occupy Wall Street has dribbled to the oblivion of political history? Think again. It seems an offshoot of the OWS movement, The 99 Percent Working Group, Ltd., a non-profit, came up with the 99% Declaration and National General Assembly.
The motto of most police departments is to serve and protect. They might tack onto the end of that phrase banks, Wall Street and powerful people. The below photo, by Randy L. Rasmussen, The Oregonian, captures people getting attacked with pepper spray when protesting in front of JPMorgan Chase Bank.
Oregon knows how to throw a police state eviction of Occupy Portland. Last night, as the bell struck the magic midnight hour, this is what Portland's Occupy Movement Protestors did, cheered and popped champagne!
Otherwise known as - you're charging me 22% credit card interest when I have a FICO score above 750 and no missed payments? Seriously?
Today has been declared bank transfer day. A nationwide consumer call to action to pull money from Too Big To Fail, derivative ridden, foreclosure fraud laden, fee crazed, bail out happy, offshore outsourcing our jobs, banks.
At least 650,000 consumers across the nation have joined credit unions in the past four weeks
This represents $4.5 billion in deposit transfers to credit unions. The online banks and smaller banks probably have similar amounts in transfers.
The Federal Reserve statistics on money stocks show fed up customers have a long way to go to make a serious dent on commercial banks. Savings deposits at commercial banks are about $5 trillion whereas credit unions, thrifts are about a trillion. Checking accounts and the like are a little more even, with about $237 billion at commercial banks and $177 billion at credit unions, savings and loans. Growing the credit unions, smaller financial institutions that actually give the consumer a good deal, loan, invest in the real U.S. economy and hire Americans ....well, let's just say ya gotta start somewhere.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
Earlier Economist Ralph Gomory publicly stated we all should respect Occupy Wall Street and pointed to the history of protest in the United States. Gomory's article reminded me of the Great Depression and the Hoover administration's lack of responsiveness to the people, in particular WWI veterans. The vets were desperate for money and wanted to receive their military service bonus checks early. They were refused and this ignited a protest by the WWI veterans called the Bonus March.
Occupy Wall Street has gone global. Protests are breaking out in Tokyo, Sydney, the Philippines, Taiwan and London. Reuters is reporting riots in Rome. Of course Greece has been protesting for years now, so why riots are suddenly news is anyone's guess.
Protest for economic justice and you are now a terrorist? Wonder why all of a sudden cities across America coordinated and shut down the 
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
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