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Andrew Ross Sorkin: Occupy Wall Street: A Frenzy That Fizzled (NYTimes.com)
Andrew Ross Sorkin: Occupy Wall Street: A Frenzy That Fizzled (NYTimes.com)
Has the debate over breaking up the banks that were too big to fail, save for a change of heart by the former chairman of Citigroup, Sanford I. Weill, really changed or picked up steam as a result of Occupy Wall Street? No. Have any new regulations for banks or businesses been enacted as a result of Occupy Wall Street? No. Has there been any new meaningful push to put Wall Street executives behind bars as a result of Occupy Wall Street? No. And even on the issues of economic inequality and upward mobility — perhaps Occupy Wall Street’s strongest themes — has the movement changed the debate over executive compensation or education reform? It is not even a close call.
·dealbook.nytimes.com·
Andrew Ross Sorkin: Occupy Wall Street: A Frenzy That Fizzled (NYTimes.com)
Squashed, Occupy, Inequality, Envy, and Class Warfare
Squashed, Occupy, Inequality, Envy, and Class Warfare
‘Nobody wants a recession. Nobody wants historically high poverty rates and unemployment rates. Curiously, it’s the Occupy Wall Street folks who are most passionate about making whatever changes are necessary to ensure the next recession doesn’t happen. The financial industry, on the other hand, is fighting any effort at common-sense regulation tooth and nail.’
·squashed.tumblr.com·
Squashed, Occupy, Inequality, Envy, and Class Warfare
Squashed: We are the 99 Percent
Squashed: We are the 99 Percent
‘Financial struggles are isolating. We don’t talk about them—so we don’t realize how universal they are. And because we careful ignore them, we don’t give them a high priority. We worry about airport security. Or a celebrity scandal. Or something Newt Gingrich (who’s still there) said. We don’t communally address the problems that may be most important to us.’
·squashed.tumblr.com·
Squashed: We are the 99 Percent