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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)
Rortybomb: Parsing the Data and Ideology of the We Are 99% Tumblr
Rortybomb: Parsing the Data and Ideology of the We Are 99% Tumblr
‘Upon reflection, it is very obvious where the problems are. There’s no universal health care to handle the randomness of poor health. There’s no free higher education to allow people to develop their skills outside the logic and relations of indentured servitude. Our bankruptcy code has been rewritten by the top 1% when instead, it needs to be a defense against their need to shove inequality-driven debt at populations. And finally, there’s no basic income guaranteed to each citizen to keep poverty and poor circumstances at bay. We have piecemeal, leaky versions of each of these in our current liberal social safety net. Having collated all these responses, I think completing these projects should be the ultimate goal of the 99%.’
·rortybomb.wordpress.com·
Rortybomb: Parsing the Data and Ideology of the We Are 99% Tumblr
Nova Spivack: Proposal For A New Constitutional Amendment: A Separation of Corporation and State
Nova Spivack: Proposal For A New Constitutional Amendment: A Separation of Corporation and State
‘Today corporations are becoming the single most powerful force shaping our societies and governments. While corporations have great potential to benefit society and even governments, they are entirely selfish entities – they have no accountability to the public, and no responsibility to ensure the public good. A government that is influenced by corporations can easily become a government that caters to corporations, a government that is effectively run by corporations. Such a government is not representative of its people anymore. It is therefore not a democracy.’
·novaspivack.com·
Nova Spivack: Proposal For A New Constitutional Amendment: A Separation of Corporation and State
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