The aim of #OCCUPYWALLSTREET is to draw protesters to New York's financial district in a non-violent protest to spark a mass movement against corporate dominance. While the corporate media ignores the protest, Reader Supported News will continue to report on the latest developments.
A demonstrator holds a sign during an Occupy Wall Street protest in lower Manhattan. The protests moved into their third week on Monday. (photo: Reuters)
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Occupy Worldwide
10 October - 21 October 11
This page is an archive. Future OWS updates will go on the new page.
Anonymous Hacks Police Websites and Data to Support OWS
21 October 11
Although they had a hand in starting the Occupy Wall Street protest, the hacktivist collective Anonymous has been pretty quiet since it started. No longer: Anonymous claims they just hacked a ton of police sites and leaked usernames and passwords.
The biggest target of today's hack was the International Association of Chiefs of Police, whose website is still down as of this writing. It's auspicious timing, as the IACP is holding its annual meeting in Chicago. READ MORE
Occupy London: Demo Forces St Paul's Cathedral to Close
21 October 11
The decision was taken with a "heavy heart" for health and safety reasons, said the Right Reverend Graeme Knowles.
Anti-capitalist demonstrators from Occupy London Stock Exchange have been in St Paul's Churchyard since Saturday. The group said they were "disappointed" by the closure but they planned to continue the protest.
Following a meeting of the protesters, one of the group, who gave her name as Lucy, said: "It was felt by everyone that we really wanted to stay and continue with the protest.
"This protest is massive, it affects everybody, everyone's watching at home right now.
"It's not just about a few people who have got some tents in St Paul's, it's not a stunt, it's not a spectacle."
Earlier a statement from Occupy London Stock Exchange said the camp had been reorganised in order to meet fire safety concerns. READ MORE
More Arrests Coming for Wall St. Protesters, Bloomberg Says
21 October 11
More arrests are coming for the Occupy Wall Street protesters. Mayor Bloomberg announced this morning that the city is going to take a hard line with demonstrators making camp in Lower Manhattan after going easy on the throngs for weeks.
“We will start enforcing that more,” he said of rules requiring permits for marches and assemblies.
The mayor’s comments came during his weekly appearance on John Gambling’s show on WOR-AM.READ MORE
Latest Developments in the Global Occupy Protests
21 October 11
NEW YORK--Ninety-two-year-old folk music legend Pete Seeger marched with throngs of people in New York City's tony Upper West Side in support of the Occupy Wall Street protests. Seeger, accompanied by musician-grandson Tao Rodriguez Seeger, composer David Amram, and bluesman Guy Davis, shouted out a verse as the crowd of about 1,000 people sang and chanted. They marched peacefully over more than 30 blocks from Symphony Space, where the Seegers and other musicians performed, to Columbus Circle. Police watched from the sidelines. At the circle, Seeger and friends walked to the chant of "We are the 99 percent" and "We are unstoppable, another world is possible." Seeger stopped to bang a metal statue of an elephant with his cane - to cheers from the crowd. At the center of the circle, Seeger and Amram were joined by '60s folk singer Arlo Guthrie in a round of "We Shall Overcome," a protest anthem made popular by Seeger.
CALIFORNIA--Hundreds of protesters defiantly remained at their campsite outside Oakland's City Hall early Saturday, despite a city order to vacate. As the 10 p.m. time of the city's ultimatum passed Friday night, Occupy Oakland demonstrators showed no signs of departing as music blasted from the plaza. More protesters arrived with tents as midnight approached. READ MORE
Pete Seeger Joins Occupy Wall Street Late-Night March Down Broadway
21 October 11
http://www.youtube.com/watch?v=pgH_eq8G1ko
Occupy Columbus Circle! Pete Seeger, Arlo Guthrie
21 October 11
http://www.youtube.com/watch?v=gkcu-PDJ9OY
Folk Legend Pete Seeger Supports "Occupy Wall Street" Protesters
21 October 11
"Occupy Wall Street" protesters received a jolt of support from American folk singer Pete Seeger during an Upper Manhattan march Friday night. "I am here right now in solidarity with Pete and the other singers and musicians," said one protester. "Pete Seeger is an absolute idol of mine, and I dreamed that he would come and support 'Occupy Wall Street,'" said another.
Many of the same people took to downtown streets earlier in the evening to protest Verizon. Company officials said the protest's targets are misguided. Several dozen Muslims took part in a three-hour prayer service earlier in the day before a Jewish group celebrated Simchat Torah. Demonstrators also reacted to President Barack Obama's announcement that the Iraq War would come to an end by the end of the year. News that U.S. troops will be returning home by the holidays generated a mix of excitement and skepticism in Zuccotti Park. READ MORE
Dozens Arrested at 28TH Precinct In Harlem to Stop “Stop & Frisk”
21 October 11
The NYPD’s notorious program of STOP & FRISK was the target of hundreds of demonstrators who marched from the Harlem State Office Building to Harlem’s 28th precinct this afternoon. At the station, Cornel West, author and Princeton professor, Carl Dix of the Revolutionary Communist Party, Rev. Stephen Phelps, interim senior minister of Riverside Church, and dozens of others were arrested in an act of non-violence civil disobedience. Among those arrested and protesting was a large contingent from downtown’s Occupy Wall Street.
Taken up the words of Rev. Phelps of Riverside Church, as arrestees were carried to waiting police vans the crowd chanted, “Stop & Frisk don’t stop the crime, Stop & Frisk IS the crime.” READ MORE
Occupy Columbus Cirle
http://www.youtube.com/watch?v=ohZ5EDUus18
Protesters Plan March To Columbus Circle With Pete Segar, Family Sleepover
21 October 11
Iconic folk singer Pete Seeger and his grandson Tao will become the latest notable musicians to march in solidarity with the Occupy Wall Street protesters when they join up with the crowd tonight.
The march departs at 10:30 p.m. by Peter Jay Shape Theatre on Broadway and is expected to wrap up at midnight at Columbus Circle, where folk musicians are planning to stage a midnight occupation. READ MORE
Occupy Wall Street Day 34
21 October 11
http://www.youtube.com/watch?v=ZOkwyk6zJBk
FOCUS: Of the 1%, by the 1%, for the 1%
21 October 11
It's no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation's income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent. One response might be to celebrate the ingenuity and drive that brought good fortune to these people, and to contend that a rising tide lifts all boats. That response would be misguided. While the top 1 percent have seen their incomes rise 18 percent over the past decade, those in the middle have actually seen their incomes fall. For men with only high-school degrees, the decline has been precipitous - 12 percent in the last quarter-century alone. All the growth in recent decades - and more - has gone to those at the top. In terms of income equality, America lags behind any country in the old, ossified Europe that President George W. Bush used to deride. Among our closest counterparts are Russia with its oligarchs and Iran. While many of the old centers of inequality in Latin America, such as Brazil, have been striving in recent years, rather successfully, to improve the plight of the poor and reduce gaps in income, America has allowed inequality to grow.READ MORE
1 Marine vs. 30 Cops
16 October 11
Anonymous Hacks Police Websites and Data to Support OWS
21 October 11
Although they had a hand in starting the Occupy Wall Street protest, the hacktivist collective Anonymous has been pretty quiet since it started. No longer: Anonymous claims they just hacked a ton of police sites and leaked usernames and passwords.
The biggest target of today's hack was the International Association of Chiefs of Police, whose website is still down as of this writing. It's auspicious timing, as the IACP is holding its annual meeting in Chicago. READ MORE
Occupy London: Demo Forces St Paul's Cathedral to Close
21 October 11
The decision was taken with a "heavy heart" for health and safety reasons, said the Right Reverend Graeme Knowles.
Anti-capitalist demonstrators from Occupy London Stock Exchange have been in St Paul's Churchyard since Saturday. The group said they were "disappointed" by the closure but they planned to continue the protest.
Following a meeting of the protesters, one of the group, who gave her name as Lucy, said: "It was felt by everyone that we really wanted to stay and continue with the protest.
"This protest is massive, it affects everybody, everyone's watching at home right now.
"It's not just about a few people who have got some tents in St Paul's, it's not a stunt, it's not a spectacle."
Earlier a statement from Occupy London Stock Exchange said the camp had been reorganised in order to meet fire safety concerns. READ MORE
More Arrests Coming for Wall St. Protesters, Bloomberg Says
21 October 11
More arrests are coming for the Occupy Wall Street protesters. Mayor Bloomberg announced this morning that the city is going to take a hard line with demonstrators making camp in Lower Manhattan after going easy on the throngs for weeks.
“We will start enforcing that more,” he said of rules requiring permits for marches and assemblies.
The mayor’s comments came during his weekly appearance on John Gambling’s show on WOR-AM.READ MORE
Latest Developments in the Global Occupy Protests
21 October 11
NEW YORK--Ninety-two-year-old folk music legend Pete Seeger marched with throngs of people in New York City's tony Upper West Side in support of the Occupy Wall Street protests. Seeger, accompanied by musician-grandson Tao Rodriguez Seeger, composer David Amram, and bluesman Guy Davis, shouted out a verse as the crowd of about 1,000 people sang and chanted. They marched peacefully over more than 30 blocks from Symphony Space, where the Seegers and other musicians performed, to Columbus Circle. Police watched from the sidelines. At the circle, Seeger and friends walked to the chant of "We are the 99 percent" and "We are unstoppable, another world is possible." Seeger stopped to bang a metal statue of an elephant with his cane - to cheers from the crowd. At the center of the circle, Seeger and Amram were joined by '60s folk singer Arlo Guthrie in a round of "We Shall Overcome," a protest anthem made popular by Seeger.
CALIFORNIA--Hundreds of protesters defiantly remained at their campsite outside Oakland's City Hall early Saturday, despite a city order to vacate. As the 10 p.m. time of the city's ultimatum passed Friday night, Occupy Oakland demonstrators showed no signs of departing as music blasted from the plaza. More protesters arrived with tents as midnight approached. READ MORE
Pete Seeger Joins Occupy Wall Street Late-Night March Down Broadway
21 October 11
http://www.youtube.com/watch?v=pgH_eq8G1ko
Occupy Columbus Circle! Pete Seeger, Arlo Guthrie
21 October 11
http://www.youtube.com/watch?v=gkcu-PDJ9OY
Folk Legend Pete Seeger Supports "Occupy Wall Street" Protesters
21 October 11
"Occupy Wall Street" protesters received a jolt of support from American folk singer Pete Seeger during an Upper Manhattan march Friday night. "I am here right now in solidarity with Pete and the other singers and musicians," said one protester. "Pete Seeger is an absolute idol of mine, and I dreamed that he would come and support 'Occupy Wall Street,'" said another.
Many of the same people took to downtown streets earlier in the evening to protest Verizon. Company officials said the protest's targets are misguided. Several dozen Muslims took part in a three-hour prayer service earlier in the day before a Jewish group celebrated Simchat Torah. Demonstrators also reacted to President Barack Obama's announcement that the Iraq War would come to an end by the end of the year. News that U.S. troops will be returning home by the holidays generated a mix of excitement and skepticism in Zuccotti Park. READ MORE
Dozens Arrested at 28TH Precinct In Harlem to Stop “Stop & Frisk”
21 October 11
The NYPD’s notorious program of STOP & FRISK was the target of hundreds of demonstrators who marched from the Harlem State Office Building to Harlem’s 28th precinct this afternoon. At the station, Cornel West, author and Princeton professor, Carl Dix of the Revolutionary Communist Party, Rev. Stephen Phelps, interim senior minister of Riverside Church, and dozens of others were arrested in an act of non-violence civil disobedience. Among those arrested and protesting was a large contingent from downtown’s Occupy Wall Street.
Taken up the words of Rev. Phelps of Riverside Church, as arrestees were carried to waiting police vans the crowd chanted, “Stop & Frisk don’t stop the crime, Stop & Frisk IS the crime.” READ MORE
Occupy Columbus Cirle
http://www.youtube.com/watch?v=ohZ5EDUus18
Protesters Plan March To Columbus Circle With Pete Segar, Family Sleepover
21 October 11
Iconic folk singer Pete Seeger and his grandson Tao will become the latest notable musicians to march in solidarity with the Occupy Wall Street protesters when they join up with the crowd tonight.
The march departs at 10:30 p.m. by Peter Jay Shape Theatre on Broadway and is expected to wrap up at midnight at Columbus Circle, where folk musicians are planning to stage a midnight occupation. READ MORE
Occupy Wall Street Day 34
21 October 11
http://www.youtube.com/watch?v=ZOkwyk6zJBk
FOCUS: Of the 1%, by the 1%, for the 1%
21 October 11
It's no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation's income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent. One response might be to celebrate the ingenuity and drive that brought good fortune to these people, and to contend that a rising tide lifts all boats. That response would be misguided. While the top 1 percent have seen their incomes rise 18 percent over the past decade, those in the middle have actually seen their incomes fall. For men with only high-school degrees, the decline has been precipitous - 12 percent in the last quarter-century alone. All the growth in recent decades - and more - has gone to those at the top. In terms of income equality, America lags behind any country in the old, ossified Europe that President George W. Bush used to deride. Among our closest counterparts are Russia with its oligarchs and Iran. While many of the old centers of inequality in Latin America, such as Brazil, have been striving in recent years, rather successfully, to improve the plight of the poor and reduce gaps in income, America has allowed inequality to grow.READ MORE
1 Marine vs. 30 Cops
16 October 11
Where Do We Go From Here? Occupy Wall St.
19 October 11
FOCUS: The Capitalist Network That Runs the World
20 October 11
As protests against financial power sweep the world this week, science may have confirmed the protesters' worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.READ MORE
OWS Protesters May Demand "Robin Hood" Tax
20 October 11
The one simple demand, at the time, was "Democracy not Corporatocracy." But that has proven too vague for many critics, who have repeatedly wondered just what the Occupy activists really want.
The 1 percent transactions tax idea is not new, notes the New York Times' blog The Lede, which links to a post about the proposal that was published on the Times' Economix blog last year. In that post, economics professor Nancy Folbre predicted that such a policy would cut down on Wall Street speculation and raise $175 billion in revenue a year. READ MORE
A Long, Steep Drop for Americans' Standard of Living
20 October 11
Think life is not as good as it used to be, at least in terms of your wallet? You'd be right about that. The standard of living for Americans has fallen longer and more steeply over the past three years than at any time since the US government began recording it five decades ago.
Bottom line: The average individual now has $1,315 less in disposable income than he or she did three years ago at the onset of the Great Recession - even though the recession ended, technically speaking, in mid-2009. That means less money to spend at the spa or the movies, less for vacations, new carpeting for the house, or dinner at a restaurant.READ MORE
FOCUS: The Capitalist Network That Runs the World
20 October 11
As protests against financial power sweep the world this week, science may have confirmed the protesters' worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.
The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.READ MORE
OWS Protesters May Demand "Robin Hood" Tax
20 October 11
The one simple demand, at the time, was "Democracy not Corporatocracy." But that has proven too vague for many critics, who have repeatedly wondered just what the Occupy activists really want.
The 1 percent transactions tax idea is not new, notes the New York Times' blog The Lede, which links to a post about the proposal that was published on the Times' Economix blog last year. In that post, economics professor Nancy Folbre predicted that such a policy would cut down on Wall Street speculation and raise $175 billion in revenue a year. READ MORE
How Occupy Wall Street Became Occupy Everywhere
19 October 11
Working with the activist habit of ressentiment, acquired by seeing protest after protest fail to make headlines, the organizers planned much more for creating their own media than serving anyone else’s. From day one, they had a (theoretically) twenty-four-hour livestream, allowing thousands of people around the world to watch what was going on in the plaza and on marches in real time. The plaza’s generator-powered media center blasted out tweets, YouTube videos, blog posts and more, keeping savvy supporters informed and giving Anonymous lots of material to disseminate. But the level of preparation for more traditional media, with much greater reach and potential to expand the movement, was limited. At first it was mainly just one valiant, black-clad college student with no previous media experience who was assigning interviews, posting communiqués online, keeping reporters informed and, unintentionally, spreading false rumors. It’s rare, to say the least, to find a place so full of people under 30 for whom being on national television has so quickly become commonplace.READ MORE
The Occupy Wall Street TV ad Could Actually Air on TV
19 October 11
Last week, we wrote about Occupy Wall Street's commercial, which features a montage of protesters explaining what they would like to get out of the movement.
Since then, we've been contacted by the commercial 's director, David Sauvage. He told us that the commercial was on track to air nationally, thanks to the efforts of a San Francisco-based digital advertising start-up called LoudSauce.
So now, millions of Americans that are upset at Wall Street will get a polished look at the protesters, and find out how they can donate to Occupy Wall Street.
LoudSauce was started founded by Christie George and Colin Mutchler as a simple way for people to push ideas out by crowd-sourcing funds for large-scale advertising. Mutchler said they don't stand for any particular kind of politics, just "the right of citizens to use their channels of advertising...and promote ideas they care about." READ MORE
http://www.youtube.com/watch?feature=player_embedded&v=5O_Ao9w1u7c
Citigroup to Pay Millions to Close Mortgage-Related Fraud Complaint
19 October 11
As the housing market began its collapse, Wall Street firms and sophisticated investors searched for ways to profit. Some of them found an easy method: Stuff a portfolio with risky mortgage-related investments, sell it to unsuspecting customers and bet against it.
Citigroup on Wednesday agreed to pay $285 million to settle a civil complaint by the Securities and Exchange Commission that it had defrauded investors who bought just such a deal. The transaction involved a $1 billion portfolio of mortgage-related investments, many of which were handpicked for the portfolio by Citigroup without telling investors of its role or that it had made bets that the investments would fall in value.
In the four years since the housing market began its steady descent, securities regulators have settled only two cases related to the financial crisis for a larger sum of money. This is also the third case brought by the SEC accusing a major Wall Street institution of misleading customers about who was putting together a security and about their motive. Goldman Sachs and JPMorgan Chase & Company both settled similar cases last year.READ MORE
Goldman Execs Stay Fat and Happy
19 October 11
Today's Goldman Sachs earning reports provides a valuable lesson on how things really work inside Wall Street's largest investment houses. Goldman Sachs had an awful three months, losing $428 million in the third quarter of 2011, and yet it continued to shovel billions into the bonus pool it will share with its employees at year's end.
Through the first nine months of 2011, Goldman set aside $10 billion in its compensation fund. If Goldman's 30,000 employees split that bounty evenly, that would work out to $333,000 per person - plus the billions more Goldman will no doubt set aside in the last few months of the year.
Of course, the receptionist inside Goldman Sachs doesn't receive the same pay as all those analysts and other midlevel suits making salaries of $400,000 a year or more. Moreover, chieftains like Goldman CEO Lloyd Blankfein, who received $13 million in compensation last year, won't have to share their year-end bonuses with as many people as last year. The bank laid off 1,300 employees in the third quarter of the year and plans on jettisoning another 1,000-plus jobs in the coming months..READ MORE
FOCUS: Naomi Wolf | How I was Arrested at Occupy Wall Street
19 October 11
Last night I was arrested in my home town, outside an event to which I had been invited, for standing lawfully on the sidewalk in an evening gown.
Let me explain; my partner and I were attending an event for the Huffington Post, for which I often write: Game Changers 2011, in a venue space on Hudson Street. As we entered the space, we saw that about 200 Occupy Wall Street protesters were peacefully assembled and were chanting. They wanted to address Governor Andrew Cuomo, who was going to be arriving at the event. They were using a technique that has become known as "the human mic" - by which the crowd laboriously repeats every word the speaker says - since they had been told that using real megaphones was illegal.READ MORE
FOCUS: Wall Street and NYPD Cooperate in Super Spy Center
19 October 11
all Street's audacity to corrupt knows no bounds and the cooptation of government by the 1 per cent knows no limits. How else to explain $150 million of taxpayer money going to equip a government facility in lower Manhattan where Wall Street firms, serially charged with corruption, get to sit alongside the New York Police Department and spy on law abiding citizens.
According to newly unearthed documents, the planning for this high tech facility on lower Broadway dates back six years. In correspondence from 2005 that rests quietly in the Securities and Exchange Commission's archives, NYPD Commissioner Raymond Kelly promised Edward Forst, a Goldman Sachs' Executive Vice President at the time, that the NYPD "is committed to the development and implementation of a comprehensive security plan for Lower Manhattan ... One component of the plan will be a centralized coordination center that will provide space for full-time, on site representation from Goldman Sachs and other stakeholders."READ MORE
Egypt’s Top ‘Facebook Revolutionary’ Now Advising Occupy Wall Street
19 October 11
Maher is one of the founders of the April 6 Youth, which used Facebook, Twitter and YouTube to galvanize Egyptians against President Hosni Mubarak. Recently, however, his attention has turned toward America, where he’s been chatting online with Occupy activists. Those conversations center around practical advice from a successful Egyptian revolutionary. Usually, they occur through Facebook. On Tuesday, for the first time, they happened face to face.
“We talk on the internet about what happened in Egypt, about our structure, about our organization, how to organize a flash mob, how to organize a sit-in,” Maher tells Danger Room, and “how to be non-violent with police.”READ MORE
EFF Publishes Cell Phone Guide for OWS Protesters
19 October 11
"The Electronic Frontier Foundation wrote the Cell Phone Guide for Occupy Wall Street protesters and others across the United States of America who were part of the October 15th global day of action.
However, as the movement grows, more and more people should look to this cell phone guide for guidance, but also get well-acquainted with local and state laws governing the same, then disseminate them to others as needed.
This will be a brief summary. To read the full cell phone guide, head over to the EFF website.
The EFF advises that protesters know exactly what is on their phones, password protect (or encrypt) the phones, as well as back up the data on the phone." READ MORE
The Demographics Of Occupy Wall Street
19 October 11
"Coverage of the technology at Occupy Wall Street focuses on the neat-o, young-people elements such as Twitter, Facebook, live streaming video, and a sleepover atmosphere. But Occupy Wall Street also employs the kind of heavy-duty data crunching and analysis found at marketing firms and universities. In fact, two of the volunteers, business analyst Harrison Schultz and professor Hector R. Cordero-Guzman from the Baruch College School of Public Affairs, today released a study based on a survey of 1,619 visitors to the occupywallst.org site on October 5. And about a quarter of them have also attended occupation events. So they aren't all armchair activists." READ MORE
19 October 11
Shane Bauer, Josh Fattal and Sarah Shourd — the three American hikers once imprisoned in Iran — made a surprise visit to Occupy Oakland on Monday less than a month after Bauer and Fattal were released from prison. In July of 2009, the three were arrested while hiking near the Iran-Iraq border. Shourd was released last year. On Monday, the hikers were welcomed by a thrilled crowd of supporters at Occupy Oakland. Democracy Now! airs an excerpt of their speech to the crowd of protesters.
http://www.youtube.com/watch?v=Eq15tjwfVww"
I Am Not Moving
18 October 11
A Framing Memo for Occupy Wall Street
19 October 11
I was asked weeks ago by some in the Occupy Wall Street movement to make suggestions for how to frame the movement. I have hesitated so far, because I think the movement should be framing itself. It's a general principle: Unless you frame yourself, others will frame you - the media, your enemies, your competitors, your well-meaning friends. I have so far hesitated to offer suggestions. But the movement appears to maturing and entering a critical time when small framing errors could have large negative consequences. So I thought it might be helpful to accept the invitation and start a discussion of how the movement might think about framing itself.
About framing: It's normal. Everybody engages in it all the time. Frames are just structures of thought that we use every day. All words in all languages are defined in terms of frame-circuits in the brain. But, ultimately, framing is about ideas, about how we see the world, which determines how we act. READ MORE
Bologna Loses Ten Vacation Days for Pepper-Spray Incident
19 October 11
YPD Deputy Inspector Anthony Bologna was disciplined Tuesday for pepper-spraying two female protesters in the notorious YouTube video seen around the world.
The NYPD found that Bologna violated departmental guidelines and docked him 10 vacation days, or the equivalent amount of pay, police sources said.
The 29-year veteran makes $154,300 a year. READ MORE
The Arc of the Moral Universe, From Memphis to Wall Street
19 October 11
The national memorial to Martin Luther King Jr. was dedicated last Sunday. President Barack Obama said of Dr. King, "If he were alive today, I believe he would remind us that the unemployed worker can rightly challenge the excesses of Wall Street without demonizing all who work there." The dedication occurred amidst the increasingly popular and increasingly global Occupy Wall Street movement. What Obama left unsaid is that King, were he alive, would most likely be protesting Obama administration policies.
Not far from the dedication ceremony, Cornel West, preacher, professor, writer and activist, was being arrested on the steps of the US Supreme Court. He said, before being hauled off to jail: "We want to bear witness today that we know the relation between corporate greed and what goes on too often in the Supreme Court decisions.... We will not allow this day of Martin Luther King Jr.'s memorial to go without somebody going to jail, because Martin King would be here right with us, willing to throw down out of deep love. READ MORE
The Elite Are Trembling in Their Boots
18 October 11
As of October 15, 2011, the movement protesting banks that wrecked our economy for profit can now claim the "too big to fail" title from their targets.
Once dismissed as a ragtag fringe group of rabble-rousers, Occupy Wall Street protests have spread to 82 countries and 950 cities worldwide in just a month. In Europe, millions protested corporate/financial corruption of Democracy. And in America, Occupy Wall Street solidarity encampments continue in cities as big as Chicago, and as small as Jackson, Mississippi. READ MORE
Adbusters Proposes #RobinHood Global March
18 October 11
On October 29, on the eve of the G20 Leaders Summit in France, let the people of the world rise up and demand that our G20 leaders immediately impose a 1% #ROBINHOOD tax on all financial transactions and currency trades. Let's send them a clear message: We want you to slow down some of that $1.3-trillion easy money that's sloshing around the global casino each day - enough cash to fund every social program and environmental initiative in the world.
Take this idea to your local general assembly and join your comrades in the streets on October 29. READ MORE
Bloomberg Says 'Tent City' Goes Beyond Free Speech
18 October 11
Mayor Michael R. Bloomberg, speaking Monday as Occupy Wall Street protesters celebrated the passage of a month encamped in Zuccotti Park, said he was trying to strike a balance between protecting protesters' right to free speech and the needs of Lower Manhattan residents.
"The Constitution doesn't protect tents," he said at a news conference in Queens. "It protects speech and assembly." READ MORE
OWS: An Experiment in Consensus-Building
18 October 11
Each day in the privately owned Zuccotti Park, where Wall Street protesters have encamped for more than a month, demonstrators engage in a slow, seemingly cumbersome process of making their voices heard.
The group, which calls itself Occupy Wall Street, arranges in a half-circle inside the city's financial district for what demonstrators say is their General Assembly, listening to the concerns of those who decide to participate before voting on issues thought to affect them all.
Police prevent the use of loudspeakers. So the group, undeterred, instead echoes the voice of whomever is speaking, rendering their comments much more audible to the hundreds that gather each day. READ MORE
Jesse Jackson Joins Human Barricade After Tense Confrontation With NYPD
18 October 11
A heated confrontation Monday night between Occupy Wall Street protesters and the NYPD was defused through the help of some civil rights star power: Rev. Jesse Jackson.
As described by Animal New York, a "big commotion" broke out minutes before midnight on the south side of Zuccotti Park, as police closed in to remove the green-and-white "medical tent" that functioned as a first-aid station. "Out of nowhere," they write, Jackson "swooped in and spoke face-to-face with the NYPD."
A demonstrator then asked Jackson to join a human chain encircling the endangered tent, and he "immediately agreed," locking arms with them. A few, tense minutes later, the police left to the cheers of the crowd. As of now, the tent still stands. READ MORE
FOCUS: OWS Communications Reportedly Hacked
18 October 11
The Occupy Wall Street protests have been going on for a month. And it seems the FBI and NYPD have had help tracking protesters' moves thanks to a conservative computer security expert who gained access to one of the group's internal mailing lists, and then handed over information on the group's plans to authorities and corporations targeted by protesters. Since the Occupy Wall Street protest began on September 17, New York security consultant Thomas Ryan has been waging a campaign to infiltrate and discredit the movement.
The Need for a Progressive Alternative
18 October 11
Republicans are debating again tomorrow night. And once again, Americans will hear the standard regressive litany: government is bad, Medicare and Medicaid should be cut, "Obamacare" is killing the economy, undocumented immigrants are taking our jobs, the military should get more money, taxes should be lowered on corporations and the rich, and regulations should be gutted.
Four years ago the most widely-watched TV debate among Republican aspirants attracted 3.2 million viewers. This year it's almost twice that number. And for every viewer assume a multiplier effect as he or she shares what's heard with friends and family. READ MORE
Tom Morello Sings 'This Land Is Your Land' at OccupyLA
Tom Morello (The Nightwatchman, Rage Against the Machine) surprised the occupiers at City Hall Saturday with a rampaging acoustic set.
Occupy London Protest Camp Prepares to Become Permanent Fixture
17 October 11
Those involved with the Occupy the London Stock Exchange movement, which set up over the weekend, say they have no definite long - term plans, not least because decisions are made day by day through mass votes. But the group aims to mimic the Occupy Wall Street protest that, in part, inspired it and that has spent several weeks based in New York's banking and stockbroking centre.
The London group had intended to occupy Paternoster Square, the privately - owned business development that houses the stock exchange headquarters, as well as the UK base for Goldman Sachs, on Saturday. However, police sealed off the square when protesters first massed and they instead took over a section of paved and cobbled ground in the western lee of St Paul's, part of which is owned by the church and part by the Corporation of London, which administers the City district.
By Monday about 200 tents were based there, as well as an increasingly intricate series of tarpaulin - covered structures to house necessities such as food, recycling and rubbish, and facilitate relations with the media. At a meeting on Monday afternoon activists said they were in talks with a marquee company over donations of bigger, more permanent structures, allowing them to set up a "visitor centre" and an "outreach group" to spread the message via local schools and businesses. READ MORE
FOCUS: What's The CIA Doing At NYPD?
17 October 11
Three months ago, one of the CIA's most experienced clandestine operatives started work inside the New York Police Department. His title is special assistant to the deputy commissioner of intelligence. On that much, everyone agrees.
Exactly what he's doing there, however, is much less clear. READ MORE
Two In Three New Yorkers Back OWS Protests
17 October 11
A new Quinnipiac University poll finds that two-thirds of New Yorkers back the Occupy Wall Street protests, with 87 percent saying it is "okay that they are protesting."
An overwhelming majority of Democrats, and 58 percent of Independents back the protesters, while Republicans disagree with the protesters views 58 percent to 35 percent. Over 70 percent of New Yorkers say the protests should be allowed to continue indefinitely, as long as participants obey the law. READ MORE
Protester’s Account of This Weekend’s Citibank Arrests
17 October 11
Citibank's gotten the chance to tell its side of the story regarding the arrest of 24 people - including the woman in this video, an account - holder, who appears to be dragged back inside the bank - at one of its New York City branches on Saturday. Here's one protester's version of the events.
This account is by Elana Carroll (that's her in the above photograph, taken by the AP's John Minchillo on Saturday), a friend of mine who was among the people arrested at the Greenwich Village Citibank. READ MORE
OWS Crowd in Times Square, From Above
Consensus (Direct Democracy @ Occupy Wall Street)
13 October 11
Occupy London Protesters Camp Out at St Paul's
17 October 11
In their stand against mammon, protesters occupying St Paul's churchyard to vent anger at reckless bankers found heartwarming support emanating from the house of God.
Far from requesting that the 300-strong crowd be removed from the cathedral steps on Sunday, the Rev Dr Giles Fraser, canon chancellor of St Paul's, requested that the police themselves move on as the Occupy London Stock Exchange protest entered its second day.
A line of officers had taken up position at the top of the steps to "protect" the building. "Which was very good of them," explained the canon. But then he had asked them if they would leave, "because I didn't feel that it needed that sort of protection". READ MORE
A Movement Too Big to Fail
17 October 11
There is no danger that the protesters who have occupied squares, parks and plazas across the nation in defiance of the corporate state will be co-opted by the Democratic Party or groups like MoveOn. The faux liberal reformers, whose abject failure to stand up for the rights of the poor and the working class, have signed on to this movement because they fear becoming irrelevant. Union leaders, who pull down salaries five times that of the rank and file as they bargain away rights and benefits, know the foundations are shaking. So do Democratic politicians from Barack Obama to Nancy Pelosi. So do the array of "liberal" groups and institutions, including the press, that have worked to funnel discontented voters back into the swamp of electoral politics and mocked those who called for profound structural reform. READ MORE
Cantor Admits: Too Few Have Too Much
16 October 11
House Majority Leader Eric Cantor (R-Va.) said repeatedly Sunday that Republicans agree that too few people control too much wealth in America.
"We know in this country right now that there is a complaint about folks at the top end of the income scales, that they make too much and too many don't make enough," Cantor said during an appearance on Fox News Sunday, toning down his earlier criticism of the Occupy Wall Street protests.
"We need to encourage folks at the top of the income scale to actually put their money their work to create more jobs so we can see a closing of the gap," he added. READ MORE
OWS: Count Me In
16 October 11
For the past several weeks I have watched and read news about the Occupy Wall Street protests with both interest and admiration. I thought the New York Times hit the nail on the head in an editorial Sunday:
"The message -- and the solutions -- should be obvious to anyone who has been paying attention since the economy went into a recession that continues to sock the middle class while the rich have recovered and prospered. The problem is that no one in Washington has been listening." READ MORE
15 October 11
Protesters inspired by the growing 'Occupy Wall Street' movement in the U.S have today taken over the City of London. Thousands have descended on the area known as the Square Mile - under the banner 'Occupy the Stock Exchange' - for a 'peaceful protest' against the global financial system.
They had planned to take Paternoster Square, where the Stock Exchange is located, but police cordoned off the area prior to the protest. A notice was put up stating the square is private property and access would be restricted. Police sources said a High Court injunction had been taken out to prevent members of the public from accessing the square.
The event kicked off at midday outside St Paul's Cathedral and initial reports on Twitter talked of an 'amiable' atmosphere. Activists carried banners with slogans such as 'We are the 99%' and 'Bankers got a bailout, we got sold out'. Among them was Lorena Fuentes, 27, a charity worker originally from Vancouver, Canada. She said: 'I'm here today because I can't see why you wouldn't be and I feel that this is one of the few moments in history where it's not a protest, it's an actual movement that's taken root. READ MORE
Wall Street Protest Rallies at JPMorgan Branch to Close Accounts
15 October 11
New York's Occupy Wall Street demonstrators, whose month - long protest against income disparity has spread worldwide, marched past a JPMorgan Chase & Co. branch today to urge clients to transfer funds to worker - owned banks. Thousands walked from the protestors' encampment in Lower Manhattan's Zuccotti Park to 1 Chase Manhattan Plaza near Wall Street. They distributed flyers with instructions on how to close accounts and a list of community banks and credit unions.
"I'm interested in sending a message to support banks that actually support the community as opposed to those like Chase that took government money and fired workers anyway," said Penny Lewis, 40, a City University of New York labor professor. She said she planned to close her Chase account on Monday. Other local events today are a rally against the Afghanistan war, a student assembly in Washington Square Park and a Times Square gathering at 5 p.m. local time. They're part of a "global day of action against Wall Street greed" that included protests in London, Tokyo, Sydney and Toronto.
"The world will rise up as one and say, ‘We have had enough,'" Patrick Bruner, an Occupy Wall Street spokesman, said in an e-mail. He said events were planned in more than 950 cities in 82 countries. READ MORE
Protests Spread as Thousands Gather in Europe, Asia
15 October 11
Protests against widening income disparity took place across western Europe and Asia today as the Occupy Wall Street movement spread around the globe, with about 1,000 converging in London and 5,000 in Frankfurt.
In the U.K. capital, police barred protesters from entering Paternoster Square, home to the London Stock Exchange. In Frankfurt, marchers gathered by the European Central Bank headquarters, firing soap bubbles from toy pistols with plans to camp out, ZDF German television reported.
In the shadow of London's St. Paul's cathedral, protesters waved banners with slogans that read "No bulls, no bears, just pigs" and "Bankers are the Real Looters." Police parked vans in front of the cathedral to block access to the nearby LSE.
READ MORE
Hot Chicks of Occupy Wall Street from Steven Greenstreet on Vimeo.
Police Raid Occupy Denver After Order by Governor
14 October 11
After 23 people were arrested at the Occupy Denver camp in front of the Colorado Capitol this morning, things were much calmer along Broadway through lunch.
Fewer than 30 people stood holding signs on the east side of Broadway, encouraging drivers to honk in support. "Join Us," one sign said.
About a dozen state trooper monitored the protesters.
READ MORE
Clashes follow OWS victory at Zuccotti Park
14 October 11
http://www.youtube.com/watch?v=yxGkPyHyco4
15 October - United for Global Change
Wall Street Occupation Goes Global Saturday
14 October 11
For an October revolution, dress warm.
Only time will tell what a growing global social movement can muster, but the energy is discernible and the momentum remains in favor of a new kind of change. That's the word going out - politely - on the Web to rally street protests on Saturday around the globe from New Zealand to Alaska via London, Frankfurt, Washington and, of course, New York, where the past month's Occupy Wall Street movement has inspired a worldwide yell of anger at banks and financiers.
How many will show up, let alone stay to camp out to disrupt city centres for days, or months, to come, is anyone's guess. The hundreds at Manhattan's Zuccotti Park were calling for back-up on Friday, fearing imminent eviction. Rome expects tens of thousands at a national protest of more traditional stamp.
READ MORE
Occupy Wall Street Cleanup Called Off
14 October 11
A group of protesters started marching soon after the postponement announcement, according to a livestream of the protest. Crowds shouted "Whose streets? Our streets" and "All day, all week, occupy Wall Street" as they made their way through the city. A group marched to Wall Street, while others moved toward City Hall, according to reports.
Police met the protesters downtown, and a number of arrests have been reported.
The New York Post reported that eight people were apprehended at Maiden and Walter Streets after turning over a police scooter on Broadway and at least five people were arrested during another confrontation with police. The police officer was on a scooter and drove over a protester's leg, the paper wrote.
READ MORE
Occupy Wall Street Celebrates Postponing of Park Cleaning
Naomi Klein Interviewed at Occupy Wall St.
Naomi Klein interviewed by Grounded TV Network on the 7th day of coverage from Occupy Wall St in NY.
FOCUS: Police Vow to Evict Wall Street Protesters Friday Morning
13 October 11
A Friday morning showdown loomed between Occupy Wall Street and the NYPD after protesters vowed to defy orders to leave Zuccotti Park so it could be cleaned.
The city says protesters can return to the park after the cleanup - but without the sleeping bags, tarps and coolers that have made their 27-day sit-in possible.
"We see this as a pretext to shut the occupation down," said protester Amin Husain.
READ MORE
Lech Walesa to Visit New York in Support of Occupy Wall Street
13 October 11
Solidarity hero Lech Walesa is flying to New York to show his support for the Occupy Wall Street protesters.
"How could I not respond," Walesa told a Polish newspaper Wednesday. "The thousands of people gathered near Wall Street are worried about the fate of their future, the fate of their country. This is something I understand."
A former shipyard worker who led Poland's successful revolt against Soviet communism, Walesa said "capitalism is in crisis" and not just in America.
"This is a worldwide problem," he told the Lublin-based Dziennik Wschodni newspaper. "The Wall Street protesters have focused a magnifying glass on the problem."
READ MORE
San Francisco Protesters Target Wells Fargo Bank, 11 Arrested
13 October 11
On Wednesday, 11 demonstrators in solidarity with the Occupy Wall Street protesters were arrested when they blocked entrances to Wells Fargo Bank headquarters in San Francisco's financial district. They were cited, given an order to appear in court and released. Then they immediately rejoined fellow demonstrators in front of the bank. The protest ended by 12:30 p.m., and at its height involved more than 200 people.
Their "hold banks accountable" message resonated with one woman, a Wells Fargo employee who did not want to be named. She said it is terrible that a Wells Fargo corporate executive can make millions while so many workers are being laid off or are unemployed
"If I didn't have to go to work, I would be out there," she said as protesters chanted, sang and marched in front of the bank's two main entrances on Montgomery and California streets.
READ MORE
Students Plan Solidarity March in Support of Occupy Wall Street
13 October 11
"The Occupy Colleges movement continues to gain traction online and through social networking. Students are being called on again today to participate in a nationwide walkout and solidarity protest at 4:30 EST and 1:30 PST to show support for the Occupy Wall Street movement, which has been going on for nearly a month.
Occupy Colleges first encouraged students to walk out of class on October 5. Students participated from coast to coast, many of them staging protests on campus after leaving their classrooms."
READ MORE
Six Demands to Make of Wall Street
12 October 11
The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous, and secretive economic and political force in America.
If this country is to break out of the horrendous recession and create the millions of jobs we desperately need, if we are going to create a modicum of financial stability for the future, there is no question but that the American people are going to have to take a very hard look at Wall Street and demand fundamental reforms. I hope these protests are the beginning of that process.
Let us never forget that as a result of the greed, recklessness, and illegal behavior on Wall Street, this country was plunged into the worst economic downturn since the Great Depression. Millions of Americans lost their jobs, homes, and life savings as the middle class underwent an unprecedented collapse. Sadly, despite all the suffering caused by Wall Street, there is no reason to believe that the major financial institutions have changed their ways, or that future financial disasters and bailouts will not happen again.
READ MORE
It's a Tremor, Not a Quake. Yet.
12 October 11
The "Occupy Wall Street" movement is barely being born and the mainstream media already is in the delivery room, asking questions about its demands and plans, pontificating on whether it's "good for Obama" or an "alternative to the Tea Party," etcetera ad infinitum.
The newborn movement needs breathing space. And basic stuff like port-a-potties in Zuccotti Park, which I visited Thursday night. In Los Angeles yesterday [Tuesday, October 11], with the encampment outside City Hall's windows, the City Council held a three-hour hearing on a resolution to support Occupy Wall Street/LA and specifically urge the police not to intervene. The non-binding resolution was introduced by Councilmember Bill Rosendahl and amended by Councilmember Richard Alarcon, will be voted on Wednesday by the full Council. The movement is "bringing new life into the progressive movement," Rosendahl said. "I was there in Chicago in 1968 when I was 18, and in the McGovern campaign, in '72, and this is the kind of movement we need."
READ MORE
Goldman Sachs to Employees: Avoid Occupy Wall Street
12 October 11
Several employees of Goldman Sachs have said that they have been told to stay away from the Occupy Wall Street protests in Zuccotti Park.
Goldman headquarters is at 200 West Street in New York City is just about 1,000 yards from the park where protesters have been encamped since Sept. 17. Until recently, it was possible to see the square from some offices in Goldman’s headquarters. Recent construction has blocked the view.
“I was going to come down to say hello yesterday,” one of my Goldman sources wrote to me on Wednesday. He was told by his employer that he should not go to the square for any reason."
READ MORE
Most Americans Aware of Wall Street Protests
12 October 11
A strong majority of Americans are aware of the "Occupy Wall Street" protests against U.S. economic inequality and a majority either view them favourably or do not have an opinion about them, a Reuters/Ipsos poll said on Wednesday.
Eighty-two percent of Americans have heard of the protest movement, and 38 percent feel favourably towards it, the poll found. Thirty-five percent are undecided, and about one-fourth -- 24 percent - are unfavourable.
Ipsos research director Chris Jackson said the large number of people who were positive or undecided reflected the mood of the country.
"People are just sort of angry," he said. "They aren't necessarily sure what they are angry about, and the protest captures that to a certain extent."
READ MORE
Bernie Sanders Calls for Real Reform
FOCUS: Hit Bankers Where It Hurts
12 October 11
I've been down to "Occupy Wall Street" twice now, and I love it. The protests building at Liberty Square and spreading over Lower Manhattan are a great thing, the logical answer to the Tea Party and a long-overdue middle finger to the financial elite. The protesters picked the right target and, through their refusal to disband after just one day, the right tactic, showing the public at large that the movement against Wall Street has stamina, resolve and growing popular appeal.
But ... there's a but. And for me this is a deeply personal thing, because this issue of how to combat Wall Street corruption has consumed my life for years now, and it's hard for me not to see where Occupy Wall Street could be better and more dangerous. I'm guessing, for instance, that the banks were secretly thrilled in the early going of the protests, sure they'd won round one of the messaging war.
Why? Because after a decade of unparalleled thievery and corruption, with tens of millions entering the ranks of the hungry thanks to artificially inflated commodity prices, and millions more displaced from their homes by corruption in the mortgage markets, the headline from the first week of protests against the financial-services sector was an old cop macing a quartet of college girls.
READ MORE
Don't Sleep Through the Revolution
12 October 11
Occupy Wall Street protests have now spread to some 800 cities. It's spreading like a fire on a strong wind over a dry field. The heat is likely to keep on building.
Conservatives have fallen over themselves rushing to side with the top one percent against the rest. Eric Cantor, House majority leader, denounces "mobs" and "the pitting of Americans against Americans." Herman Cain dismisses the demonstrators as "anti-American." Mitt Romney accuses them of waging "class warfare."
But class warfare is the reason Occupy Wall Street has sounded such a chord. Sure there's class warfare, one of America's richest men, Warren Buffett, concluded, "and my class is winning."
READ MORE
A New Bush Era or a Push Era?
12 October 11
Back when Barack Obama was still just a US senator running for president, he told a group of donors in a New Jersey suburb, "Make me do it." He was borrowing from President Franklin D. Roosevelt, who used the same phrase (according to Harry Belafonte, who heard the story directly from Eleanor Roosevelt) when responding to legendary union organizer A. Philip Randolph's demand for civil rights for African-Americans.
While President Obama has made concession after concession to both the corporate-funded tea party and his Wall Street donors, now that he is again in campaign mode, his progressive critics are being warned not to attack him, as that might aid and abet the Republican bid for the White House.
Enter the 99 percenters. The Occupy Wall Street ranks continue to grow, inspiring more than 1,000 solidarity protests around the country and the globe. After weeks, and one of the largest mass arrests in US history, Obama finally commented: "I think people are frustrated, and the protesters are giving voice to a more broad-based frustration about how our financial system works." But neither he nor his advisers - or the Republicans - know what to do with this burgeoning mass movement.
READ MORE
The Right's '53 Percent' Solution to Occupy Wall Street
11 October 11
In the last few days, the conservative movement has formed its response to Occupy Wall Street. The mere fact of conservative opposition isn't very surprising - obviously, conservatives aren't going to love a left - wing movement filled with counterculture types assailing the rich and big business. What's more interesting is the nature of the conservative response. There is hardly any direct intellectual engagement or forceful restatement of pro - market principles. Instead what we see is a series of evasions.
READ MORE
Marine Vet at #OccupyWallStreet Tells Sean Hannity to "F**k Off"
Financial Giants Put NYPD on Payroll
11 October 10
Videos are springing up across the internet showing uniformed members of the New York Police Department in white shirts (as opposed to the typical NYPD blue uniforms) pepper spraying and brutalizing peaceful, nonthreatening protestors attempting to take part in the Occupy Wall Street marches. Corporate media are reporting that these white shirts are police supervisors as opposed to rank and file. Recently discovered documents suggest something else may be at work.
READ MORE
Wall Street Protests Swell in Uptown and Downtown New York
11 October 11
A group of union - backed organizations joined the loosely defined "Occupy Wall Street" movement again Tuesday, leaving behind the confines of New York's financial district for the posh neighborhoods that dot Manhattan's Upper East Side, according to multiple group representatives. Crowds also swelled in Lower Manhattan's Zuccotti Park, where demonstrators waved placards and chanted slogans attacking corporate greed and social inequality.
The union - organized march, meanwhile, is scheduled to take protesters past the homes of well-to-do residents like billionaire David Koch, News Corp. CEO Rupert Murdoch and JP Morgan Chase CEO Jamie Dimon.
Organizations such as UnitedNY, the Strong Economy for All Coalition, the Working Families Party, and New York Communities for Change were also accompanied by those protesters typically based in Zuccotti Park, a privately owned park in New York's financial district.
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Occupy Wall Street Protests Rankle the Rich
11 October 11
On Twitter, one anonymous person who claims to relate elevator gossip at tony investment bank Goldman Sachs -- which may have more 1 percenters than anywhere in America -- tweeted: "What are they complaining about? People seem a hell of a lot happier in TGI Fridays commercials than they ever do at Gramercy Tavern." Another tweet said: "A protester sees my Benz, and wants to rip me out of it. A real man sees my car, and wants to work hard so he can buy it one day."
Republican presidential candidate Herman Cain easily qualifies as a 1 percenter, since his financial disclosure forms show that in 2010 and 2011 he earned generous fees from sitting on a number of corporate boards, including that of Whirlpool, which alone paid him $359,008.
Cain says people who are not rich have only themselves to blame. "Don't blame Wall Street," he told protesters, in an interview with the Wall St. Journal. "Don't blame the big banks. If you don't have a job and you're not rich, blame yourself. It's not a person's fault because they succeeded. It is a person's fault if they failed. And so this is why I don't understand these demonstrations and what is it that they're looking for."
READ MORE
Scores Arrested at Occupy Boston Protest Site
11 October 11
Tensions boiled over in the early hours of Tuesday in downtown Boston, where police arrested about 100 protesters after the Occupy Boston group expanded its footprint and was told by authorities to backtrack.
Protesters said late on Monday that police had given participants an ultimatum to return to their small original encampment by nightfall or be moved along.
But it was not until after 1 a.m. ET Tuesday when hundreds of Boston and Transit police officers, some in riot gear, moved in on the group, handcuffing protesters and tearing down tents.
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