Wall Street: You’ve Got Hate Mail
Some 400 Occupy Wall Street protesters got into costume Friday, but the occasion wasn't an early observance of the beloved pagan-inspired holiday that is Halloween Rather, the messengers from among OWS ranks paid visits to big bank headquarters in Manhattan to deliver mail from Americans (more).
Some 400 Occupy Wall Street protesters got into costume Friday, but the occasion wasn’t an early observance of the beloved pagan-inspired holiday that is Halloween. Rather, the messengers from among OWS ranks paid visits to big bank headquarters in Manhattan to deliver mail from thousands of Americans who claim to have been negatively impacted by the financial shenanigans that contributed to the Great Recession.
WAIT, BEFORE YOU GO…AP via CBS News:
One group of protesters headed down a Fifth Avenue sidewalk, chanting, “You’ve got mail! You’ve got mail!” About 50 police officers accompanied them, on foot and in vehicles.
The marchers stopped at a Citigroup office on Park Avenue. A building employee accepted a few letters but declined the rest. So the marchers folded them into paper airplanes and tossed them at a Citibank sign out front.
One message, from LaShuna Garcia, in the Tucson, Ariz., area, told how her parents lost their jobs through downsizing and budget cuts.
“Savings are difficult to accrue when the ends don’t even come close to meeting,” Garcia’s letter said. “Please help keep the American people alive.”
Jeremy Wattles, in the Geneva, N.Y., area, wrote that he was concerned about a U.S. Supreme Court ruling guaranteeing the free speech rights of corporations, which many protesters say has encouraged corporate campaign donations.
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Lessons learned from the 2008 financial crisis show that taxpayer-funded blank checks to institutions do nothing to help those struggling
If the president wants the federal government to be able to borrow cheaply, there are far better options than negative interest rates.
"I can think of no matter of 'intense public interest' about which 'the American people deserve the details' than the issue of what precisely happened to the criminal referrals that followed the 2008 crash."
Great Britain’s decision to leave the European Union presages perhaps another global financial meltdown. Banks will again demand massive bailouts. We will be forced to again swallow austerity measures, and there will be a continued decline in living standards.
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