Wall Street

They're Baaaa-aaack: OWS Protesters Return to Zucotti Park

 The Occupiers have returned to Zucotti Park!

The barricades that have kept them out since the park was cleared November 15 are gone and steady streams of protestors are returning to their adopted home.

It remains to be seen whether the camp will be allowed to return to its former glory, or whether the security guards who have been controlling entry to the plaza will keep the returning protestors on a tight leash. According to The Associated Press

One security guard told a group of protesters: "No sleeping bags allowed, either, OK, folks?"

Wall Street $7.8 Trillion, Main Street Not So Much

This analysis is not from Occupy Wall Street: It’s from those long-haired, hippie radicals over at Bloomberg News, whose Freedom of Information Act lawsuit finally pried the bailout details out of the unwilling Fed. Turns out the banks made $13 billion in profits off the government’s sweetheart-deal interest rates, which New Deal 2.0 is calling maybe “the biggest subprime loan operation of all time.”

The contrast couldn’t be clearer: While the government swung into extreme, double-secret action to save Wall Street, it’s sitting on its hands as long-term mass unemployment hammers Main Street.

Thanksgiving at Occupy Wall Street

If you thought all of the occupiers would go indoors for Thanksgiving, think again. In spite of the recent police raid, hundreds of occupiers, activists, and community members are breaking bread together in Zuccotti Park. 

The OWS Kitchen working group estimates over 3,000 meals will be served with the support of local families, restaurants, and organizations who are opening their kitchens to the movement. 

When I got down to Zuccotti Park around 2:30pm there was a joyful calm in the area—friends and strangers eating together on the now bare marble benches, others walking around offering pecan pie, vegan meal plates, and other holiday snacks to anyone interested, and a small group of folksy looking people singing “This Land is Your Land” and “We Shall Not Be Moved” with guitars and cymbals. 

A nice reclamation of the Thanksgiving meal—less like the oppressive tale of pilgrims and native people we learned about in school; more like Jesus feeding the thousands, the beloved community, etc.

The Afternoon News: Tuesday, Nov. 22, 2011

Is The Bible A Reliable Moral Guide?; Why I Got Arrested At Occupy Wall Street; Unemployment Rates Drop In Most States;Black Friday And The Importance Of Sabbath Rest; Poor People To Get Poorer; Coptic Christians Living In Egypt Speak Out (VIDEO); Wall Street Will Never Be The Same Again; Occupy Wall Street And The Crisis Of Choice (OPINION); Candidates Face Foreign Policy Challenge; Don't Surrender To Laws Of Market, Pope SaysOut To Lunch: Congress Puts The Food Lobby Above Child Nutrition; Supercommittee Failure Puts U.S. At Risk (OPINION); Would The World Be Better Off Without Religion? (AUDIO); 'Thanksgiving To Almighty God' Presidential Thanksgiving Proclamations From George Washington To Barack Obama.

Will the Class of 2012 Head for Main Street or Wall Street?

Harvard University's Annenberg Hall. Photo Copyright 2004 Jacob Rus via Wiki Com

Harvard University's Annenberg Hall. Photo Copyright 2004 Jacob Rus via Wiki Commons.

There is something fundamentally wrong with our education system when the draws of a huge salary and big bonuses consistently trump the aspirations and dreams that were front and center in our lives just four years earlier. Debts, a lack of job opportunities in other fields, your basic standard-issue panic — or maybe a simple absence of imagination can take hold and send us running into the arms of the recruiter with the flashy suit, a Hollywood smile and promise of a better life.

As Terkel reminds us: “Young people will continue to go work in the financial sector as long as its pay is disproportionately higher than alternative careers. It's basic human nature: Follow the money.”

But what would it look like if we didn’t follow the money? What if Wall Street paid no more than schools or hospitals?

What would our economy look like if these leading young minds chose not to work for big banks and consultants, but instead were the teachers that helped turn failing schools around, the innovators and engineers who were designing products that would create thousands of new jobs?

What needs to be done so that the finest members of the 2012 graduating class head to Main Street instead of Wall Street?

Paramilitary attack on Occupy Wall Street: An Eye Witness Account

Protest sign at OWS in NYC today. Image via Facebook.

Protest sign at OWS in NYC today. Image via Facebook.

They came at 1 am.  

Several hundred police in full riot gear in a precision military operation. They gathered at nearby assembly points out of sight of Zuccotti Park and then simultaneously came trotting out to surround the park like the army scene from The Blues Brothers movie.

Next they handed out fliers and announced by bullhorn that all personal property would be removed from the park, and that it could be reclaimed at a Department of Sanitation garage. Instead, everything was thrown into garbage trucks and crushed by the compactor’s blades. ...

Most of the occupiers were steamrolled out of the park in this manner. Because there was no tent space when I got there I was sleeping on the sidewalk at night, and packing everything back up each morning, so I was able to save everything, but for several items I kept in the OWS kitchen.

A group of more than a hundred Occupiers retreated to the kitchen at the center of the park and chained themselves by their necks to a tree. They were tear-gassed where they sat and were removed by means we have not yet learned of, and we don’t yet know what injuries were sustained.

A Robin Hood for Wall Street

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With the opening of the G20 Summit in Cannes, France today, an idea that's been around for awhile is in the news again and gaining more attention as a result of the #OWS movement: The so-called "Robin Hood tax," a minimal tax on all financial transactions with the resulting revenue dedicated to anti-poverty programs....Archbishop of Canterbury Rowan Williams, in his response to the occupation of St. Paul's Cathedral in London, endorsed the Vatican proposals. Williams observed that "people are frustrated beyond measure at what they see as the disastrous effects of global capitalism," and urged a full debate on "a Financial Transaction Tax

Jim Wallis and Richard Land: Join the Great Conversation

People of faith -- including evangelical Christians -- will be voting both ways in the upcoming election. It is simply not true that they will be voting only on one or two issues.

And, if evangelicals focus on many of the issues central to their faith, rather than becoming partisan cheerleaders, they might be able to raise some critical issues in this election and to hold both sides more accountable, even in a campaign that both Richard and I suspect will be one of the ugliest in U.S. history.

At the end of the evening, Amy remarked that if the upcoming election debates were as civil and substantive as this evening was, we would all be very grateful.

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