Wealth Inequality Worse in U.S. Than in Ancient Rome
Tim De Chant has an interesting post over at his Per Square Mile blog, discussing a recent academic study comparing levels of inequality in Ancient Rome with levels of inequality in today’s America. The scholars, using the Gini Index, found that “the top 1 percent of Roman society controlled 16 percent of the wealth, less [...]
Bail-out Bombshell: Fed “Emergency” Bank Rescue Totaled $29 Trillion Over Three Years
Reprinted from Alternet (December 15, 2011)
While the 99% suffered hardship, a new study shows that the Fed propped up buddies in the banking industry and a vast shadow banking system far beyond what anyone has guessed.
By J. Andrew Felkerson
Speculation about the the Fed’s actions during the financial crisis has made headlines on and off again [...]
OWS Nevada County Helps Forestall Imminent Eviction
Editor’s Note: Here’s an amazing press release from the Foreclosure Group of Occupy Wall Street Nevada County. It highlights the normally less-than-humane foreclosure process, softened in this case by the timely intervention of these good local citizens. Imagine a renter, a single mom with four kids, given less than 24 hours notice to pack-up and [...]
Is the Tea Party Helping Obama Win in 2012?
The logic is not difficult:
The Tea Party’s legislative successes have helped move the center of gravity of the Republican Party further to the right.
The slate of GOP candidates are pandering to this new righter-wing base. Tim Dickinson lays this out clearly and in detail in his latest Rolling Stone piece, “The GOP’s Crackpot Agenda:“
Don’t go [...]
Chris Hayes Summarizes the Foreclosure Crisis
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Feds Falsely Censor Popular Blog For Over A Year, Deny All Due Process, Hide All Details
Reprinted from Techdirt (December 8, 2011)
By Mike Masnick
from the copyright-as-censorship department
Imagine if the US government, with no notice or warning, raided a small but popular magazine’s offices over a Thanksgiving weekend, seized the company’s printing presses, and told the world that the magazine was a criminal enterprise with a giant banner on their building. Then [...]
“My Occupy LA Arrest”
Reprinted from http://myoccupylaarrest.blogspot.com/ (December 6, 2011)
By Patrick Meighan
My name is Patrick Meighan, and I’m a husband, a father, a writer on the Fox animated sitcom “Family Guy”, and a member of the Unitarian Universalist Community Church of Santa Monica.
I was arrested at about 1 a.m. Wednesday morning with 291 other people at Occupy LA. I [...]
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