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May 25, 2013

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Tag: 99 Percent


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How the Rich Benefited From the Recovery (While Most of Us Got Nothing)

The richest Americans made trillions during the so-called economic recovery from 2009 to 2011, while most everyone else’s net worth dropped, according to a recent study. “It’s as if the entire economic recovery is going into the pockets of the rich,” Les Leopold writes at AlterNet. “And that’s no accident.”

Posted on May 5, 2013 READ MORE



AP/Jason DeCrow

Occupy Wall Street: One Year Later

The Occupy movement is celebrating its first anniversary Monday with a full slate of protests and a side of party hats. At least 100 arrests have been reported thus far.

Posted on Sep 17, 2012 READ MORE


Labor Day

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Posted on Aug 30, 2012 READ MORE



jpellgen

Fallout From the Bungled Bank Bailout

The financial meltdown and subsequent bailout have dampened Americans’ faith in government and stirred widespread outrage. Neil Barofsky, who once served as special inspector general in charge of oversight of the Troubled Asset Relief Program, says that anger may point the way toward reform.

Posted on Jul 23, 2012 READ MORE


The Body Politic

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Posted on Jul 8, 2012 READ MORE        



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Giffords Aide Wins, Jamie Dimon Testifies and More

A look at the day’s political events, including the Arizona special election winner, JPMogran Chase CEO Jamie Dimon heckled and Sheldon Adelson’s latest multimillion-dollar donation.

Posted on Jun 13, 2012 READ MORE


Waiting for the Trickle

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Posted on May 30, 2012 READ MORE


To Have or Have Knot

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Posted on May 7, 2012 READ MORE        



AP/Stephanie Keith

The People’s Bishop

Retired Episcopal Bishop George Packard was arrested for the second time as part of the Occupy protests. His moral and intellectual courage stands in stark contrast with the timidity of nearly all clergy and congregants in all of our major religious institutions.

Posted on May 7, 2012 READ MORE  |  90 COMMENTS


Van Jones: How Our Movement Lost Its Way

This week on Truthdig Radio in association with KPFK: Van Jones wants to put Humpty Dumpty Hope back together again; we consider Condoleezza Rice for VP; Occupy gets glitz; and the latest threats to your Internet freedom.

Posted on Apr 6, 2012 READ MORE  |  30 COMMENTS



Photo illustration from an image by Colin Grey (CC-BY)

Van Jones: How Our Movement Lost Its Way

This week on Truthdig Radio in association with KPFK: Van Jones wants to put Humpty Dumpty Hope back together again; we consider Condoleezza Rice for VP; Occupy gets glitz; and the latest threats to your Internet freedom.

Posted on Apr 6, 2012 READ MORE


93 Percent of New Wealth in 2010 Went to Top 1 Percent

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Posted on Apr 3, 2012 READ MORE  |  2 COMMENTS



WarmSleepy (CC-BY)

OWS Calls for May Day Strike

Occupy Wall Street has boldly called for a general strike of the 99 percent on May Day—May 1. “*No Work *No School *No Housework *No Shopping,” read the text approved by the OWS General Assembly. The action is scheduled to overlap with a day intended to call attention to the plight of immigrants.

Posted on Feb 19, 2012 READ MORE  |  55 COMMENTS


Democracy

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Posted on Feb 19, 2012 READ MORE  |  4 COMMENTS



Still from a CNN video

Mitt Romney Says He Is ‘Not Concerned About the Very Poor’

Taken out of context, it doesn’t come as a total surprise, and that’s the problem for Romney. It’s not the kind of sound bite the trust fund candidate wants on the record.

Posted on Feb 1, 2012 READ MORE  |  17 COMMENTS


MLK Dream Update

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Posted on Jan 15, 2012 READ MORE


Rich-Poor Gap

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Posted on Jan 8, 2012 READ MORE



BlaisOne (CC-BY)

The Making of the American 99% and the Collapse of the Middle Class

Until a few months ago, the 99% was hardly a group capable of articulating “the identity of their interests.” It contained, and still contains, most “ordinary” rich people, along with middle-class professionals, factory workers, truck drivers, and miners, as well as the much poorer people who clean the houses, manicure the fingernails, and maintain the lawns of the affluent.

Posted on Dec 17, 2011 READ MORE  |  46 COMMENTS



Flickr / Eric__I_E (CC-BY)

Census Shows Nearly Half of Americans Are Struggling Financially

The general gist of findings from the 2010 census may not be shocking, but the actual numbers detailing the growing problem of the shrinking middle class in America are: Nearly half of all Americans qualify for the poor or low-income categories, making income inequality an issue that now splits the nation down the middle.

Posted on Dec 15, 2011 READ MORE  |  6 COMMENTS



Lord Jim (CC-BY)

Latest New York Tax Reforms Disproportionately Benefit the Rich

Many in the media are touting a recent overhaul of the state of New York’s tax scheme as a sign of a new age of increased burden for top earners and a victory for the 99 percent. But close inspection reveals that such comparisons exclude the contributions of a soon to expire, 3-year-old “millionaires’ tax,” and the new codes favor the rich.

Posted on Dec 10, 2011 READ MORE  |  2 COMMENTS


Occupy Economics: Experts Speak in Support of the 99 Percent

One of the key concepts that the Occupy Wall Street movement has brought to the fore by drawing attention to economic inequality in the U.S. is the notion that the “free market” doesn’t serve the needs of all citizens equally.

Posted on Dec 8, 2011 READ MORE  |  2 COMMENTS



Flickr / Neon Tommy (CC-BY-SA)

Occupy L.A.: Decamped but Not Deterred

Despite being swarmed and ejected by LAPD officers early Wednesday morning, members of the Occupy movement’s Los Angeles contingent are regrouping and figuring out how to put their collective power to best use in other similar demonstrations in the future.

Posted on Dec 1, 2011 READ MORE  |  5 COMMENTS



AP / Mark Boster, Pool

Police Clear Occupy Camps in Los Angeles, Philadelphia

In the end, after Los Angeles Mayor Antonio Villaraigosa made a show of less force when it came to the city’s approach to its own Occupy movement, a giant squad of more than 1,000 police officers descended on the downtown encampment around City Hall early Wednesday morning, arrested around 200 people ... (more)

Posted on Nov 30, 2011 READ MORE  |  1 COMMENT



AP / Mark Boster, Pool

Occupy 2012

In its two months of existence, Occupy L.A. showed a resiliency and purpose that could make some of its participants leaders in a great confrontation over economic injustice in the 2012 election.

Posted on Nov 30, 2011 READ MORE  |  19 COMMENTS



YouTube

Miley Cyrus and OWS Share a Headline for Fun and Profit

It’s bound to happen, when a movement like Occupy Wall Street takes hold on a national scale, that some famous people in the entertainment business will attach themselves to the cause, and that their bids for legitimacy as self-styled political activists will be met with skepticism, if not worse.

Posted on Nov 28, 2011 READ MORE  |  9 COMMENTS



AP / Paul Sakuma

When We Fight Back

Morality in the land of the free is a curious mix of Tinkertoys and torture racks. We have just witnessed a full week of brutal coordinated police assaults upon peaceful protesters. The Occupy movement must therefore rise to a new level of coordinated and class-conscious actions against the corporate state.

Posted on Nov 24, 2011 READ MORE  |  48 COMMENTS



Wikimedia Commons / Brett Weinstein (CC-BY-SA)

Russell Simmons, OWS Crusader

Hip-hop impresario Russell Simmons has thrown in as one of the high-profile 1 percenters to support Occupy Wall Street, speaking and tweeting his allegiance since the movement’s early days. There are even rumors that he may be one of the power players involved with a shadow affinity group ... (more)

Posted on Nov 23, 2011 READ MORE  |  20 COMMENTS


Intervention

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Posted on Nov 22, 2011 READ MORE  |  2 COMMENTS        



Flickr / quinn.anya (CC-BY-SA)

America’s Middle-Class Neighborhoods on the Decline

As America’s middle class continues to diminish, it follows that the middle-class neighborhoods they once called home would shrink accordingly. Well, they are, finds a new Stanford University study, which charted changes in Americans’ living quarters since 1970. The results are sobering, if unsurprising.

Posted on Nov 16, 2011 READ MORE  |  6 COMMENTS



AP / Seth Wenig

This Is What Revolution Looks Like

Welcome to the revolution. Our elites have exposed their hand. They have nothing to offer. They can destroy but they cannot build. They can repress but they cannot lead. They can steal but they cannot share. They can talk but they cannot speak.

Posted on Nov 15, 2011 READ MORE  |  393 COMMENTS


Have and Have-Not Nation

The hard-right conservatives who dominate the Republican Party claim to despise the redistribution of wealth, but secretly they love it—as long as the process involves depriving the poor and middle class to benefit the rich, not the other way around.

Posted on Oct 27, 2011 READ MORE  |  21 COMMENTS



AP / Mary Altaffer

Denunciation and Disruption: The Vision That Drives Occupy Wall Street

The occupiers have made it known in a most disrespectful manner that the parasite class is not welcome anymore. That’s a good start.

Posted on Oct 25, 2011 READ MORE  |  206 COMMENTS


A Billion Points of Light

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Posted on Oct 19, 2011 READ MORE  |  4 COMMENTS        


Chris Hedges in Times Square

Occupy TVNY has this interview with Chris Hedges, who, during the major global protests on Saturday, compared Occupy Wall Street to the other movements he’s covered around the world, from Eastern Europe to the Middle East.

Posted on Oct 17, 2011 READ MORE  |  39 COMMENTS



Occupy Wall Street 24/7

We have a new Dig where you can find all of our Occupy movement coverage from Truthdig editors, contributors and commenters, as well as the latest from Twitter and around the Web. Check it out here.

Posted on Oct 13, 2011 READ MORE  |  1 COMMENT



© Jeff Pappas

Which Side Are You On!

I am all for Occupy Wall Street—and a lot of other places—but I wish I understood where this is going. And why it took so long to get going.

Posted on Oct 13, 2011 READ MORE  |  105 COMMENTS


There’s Something Happening Here

This week on Truthdig Radio in association with KPFK: It’s all about Occupy Wall Street, which Pulitzer Prize winner and guest David Cay Johnston says is unlike any movement he’s covered. Also: voices from Occupy L.A., Nomi Prins, Scott Tucker and the NYPD arrests journalists.

Posted on Oct 13, 2011 READ MORE  |  10 COMMENTS



Photo illustration from an image by Colin Grey

There’s Something Happening Here

This week on Truthdig Radio in association with KPFK: It’s all about Occupy Wall Street, which Pulitzer Prize winner and guest David Cay Johnston says is unlike any movement he’s covered. Also: voices from Occupy L.A., Nomi Prins, Scott Tucker and the NYPD arrests journalists.

Posted on Oct 13, 2011 READ MORE



David Shankbone (CC-BY)

Occupy the Moment

Occupy Wall Street and its kindred protests around the country are inept, incoherent and hopelessly quixotic. God, I love them.

Posted on Oct 10, 2011 READ MORE  |  58 COMMENTS



Illustration by Mr. Fish

Why the Elites Are in Trouble

The occupation movement is an effort to take our country back. This is a goal the power elite cannot comprehend. That is why they keep asking what the demands are. They don’t understand what is happening. They are deaf, dumb and blind.

Posted on Oct 9, 2011 READ MORE  |  209 COMMENTS



Nytimes.com

Does Occupy Wall Street Need a Logo?

Some graphic designers have come up with various proposals, but one wonders whether the motley crew of anti-corporate urban campers would welcome such a commercial device.

Posted on Oct 9, 2011 READ MORE  |  10 COMMENTS


The 99 Percent Solution

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Posted on Oct 8, 2011 READ MORE



David Shankbone (CC-BY)

How (and Why) to Co-opt Those Cops on Wall Street

If teachers, bus drivers, firefighters, nurses and, yes, police officers show up to demand change—then this could be the beginning of something very, very big.

Posted on Oct 6, 2011 READ MORE  |  45 COMMENTS



AP / Jason DeCrow

What Do They Want? Justice

How can anyone possessed of the faintest sense of social justice not thrill to the Occupy Wall Street movement now spreading throughout the country?

Posted on Oct 6, 2011 READ MORE  |  261 COMMENTS



We Are the 99 Percent

We Are the 99 Percent—And We’re Not Confused

Now that reporters are starting to check out the occupation near Wall Street (it took only three weeks), they have begun echoing the notion that protesters don’t know why they’re there. As Jared Bernstein of the Center on Budget and Policy Priorities huffs in a pro-demonstration article, “Do these news analysts think it’s a coincidence ...” (more)

Posted on Oct 4, 2011 READ MORE  |  39 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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