The Long-Awaited Oct. 15 Lineup
Occupy Wall Street will hold a number of major events Saturday. First will be a march on a JPMorgan Chase branch to protest the $94.7 billion taxpayer bailout of the company and the bank's layoff of 14,000 workers since then. (more)
Occupy Wall Street will hold a number of major events Saturday. First will be a march on a JPMorgan Chase branch to protest the $94.7 billion taxpayer bailout of the company and the bank’s layoff of 14,000 workers since then. In a show of opposition to Chase and other major banks that took taxpayer money, protesting customers will wield their “collective economic power” by closing their accounts, OWS spokesperson Bill Buster said.
Moveon.org and a number of unions helped OWS organize the march.
Protesters will also stage an occupation at Fordham Plaza in the Bronx, an anti-war march on Wall Street followed by a teach-in on the cost of war, a meeting to discuss the role of students in the movement and more, including some Internet shenanigans that Buster said he was not privy to. There will also be an occupation party at 5 p.m. in Times Square where demonstrators are supposed to wear only white.
Organizers said they hoped that 10,000 to 30,000 people will show up. –ARK
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They feel Americans have demonstrated that they value discounts more than intangible privacy concerns.
A 2010 law was supposed to relieve Americans of the onerous penalties, but thanks to aggressive marketing campaigns that persuade consumers to “opt in” for overdraft coverage, banks made nearly $14 billion on the "service" last year.
The economist and philosopher foresaw that capitalism had built within it the seeds of its own destruction, that the greed of a tiny elite would eventually bring down the system. The final stages that he predicted are visible all around us now.
J.P. Morgan was recently socked in the wallet by financial regulators who levied yet another multibillion-dollar fine against the Wall Street baron for massive illegalities.
On Friday, the city of Los Angeles filed a lawsuit against JPMorgan Chase accusing it of pushing minority borrowers to take on risky home loans that would ultimately cost the city at least $1.7 billion in lost revenue and maintenance.
This week on Truthdig Radio in association with KPFK: Sen. Dianne Feinstein picks a fight with the CIA on spying and torture, Fukushima turns 3, how to protect yourself from private and government surveillance, and the handful of American families who have all the power.
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