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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)
VersoBooks.com: Slavoj Žižek at Occupy Wall Street
VersoBooks.com: Slavoj Žižek at Occupy Wall Street
‘Slavoj Žižek visited Liberty Plaza to speak to Occupy Wall Street protesters. Here is the full transcript of his speech.’ “So do not blame people and their attitudes: the problem is not corruption or greed, the problem is the system that pushes you to be corrupt. The solution is not “Main street, not Wall street,” but to change the system where main street cannot function without Wall street. Beware not only of enemies, but also of false friends who pretend to support us, but are already working hard to dilute our protest.”
·versobooks.com·
VersoBooks.com: Slavoj Žižek at Occupy Wall Street
The Daily Beast: The Dish: Who Is Behind Occupy Wall Street?
The Daily Beast: The Dish: Who Is Behind Occupy Wall Street?
‘Protests should do three things: they should express anger, through marches and targeted civil disobedience, at a particular political or social situation. They should give people the opportunity to see that other people, even people different from themselves, share that anger. And they should provide a vision of how life would be better if the world were different. Occupy Wall Street is doing all three of those things.’
·andrewsullivan.thedailybeast.com·
The Daily Beast: The Dish: Who Is Behind Occupy Wall Street?
Grantland: Hua Hsu on Kanye and Jay-Z's Watch the Throne
Grantland: Hua Hsu on Kanye and Jay-Z's Watch the Throne
“What makes hip-hop such a durable form is its capacity to scramble fiction and fact; the artifice and the realities that art conceals or amplifies become one. In this way, Watch the Throne feels astonishingly different. It captures two artists who no longer need dreams; art cannot possibly prophesy a better future for either of them.”
·grantland.com·
Grantland: Hua Hsu on Kanye and Jay-Z's Watch the Throne
NYTimes.com: How the Deficit Got This Big
NYTimes.com: How the Deficit Got This Big
With a chart that shows what actually happened. “In future decades, when rising health costs with an aging population hit the budget in full force, deficits are projected to be far deeper than they are now. Effective health care reform, and a willingness to pay more taxes, will be the biggest factors in controlling those deficits.”
·nytimes.com·
NYTimes.com: How the Deficit Got This Big
NYTimes.com: Economic Scene: The Real vs. Imagined Deficit
NYTimes.com: Economic Scene: The Real vs. Imagined Deficit
“Eventually, the country will have to confront the deficit we have, rather than the deficit we imagine. The one we imagine is a deficit caused by waste, fraud, abuse, foreign aid, oil industry subsidies and vague out-of-control spending. The one we have is caused by the world’s highest health costs (by far), the world’s largest military (by far), a Social Security program built when most people died by 70 — and to pay for it all, the lowest tax rates in decades. “To put it in budgetary terms, the deficit we imagine comes largely from discretionary spending. The one we have comes partly from discretionary spending but mostly from everything else: tax rates, Medicare, Medicaid and Social Security.”
·nytimes.com·
NYTimes.com: Economic Scene: The Real vs. Imagined Deficit