Al
March 10, 2011
Al Franken takes a stand pro WI unions !!
Al
ACTIVISM: WI firefighters Union action v. M & I bank.
An interesting thing has developed. M&I bank was a major contributor
to Governor Walker.
This bank has been on boycott Walker lists for weeks. Somehow in the
last day and a half this thing got legs.
People started telling other people to pull their money out of M&I and
to protest the banks over their donations to Walker.
A tweet came across last night about 10pm for people to show up at M&I
tomorrow morning (this morning) and withdraw their money.
The firefighters union was there at 9am at the downtown Madison branch
and took out their $180,000. Lots of people followed suit and there
was a large crowd with signs out front most of the morning from what
accounts I saw.
Word is now from multiple sources that M&I in Madison closed for the day.
They were doing this for reasons other than UnCut's specific purpose
but this is just awesome to see. People being fed up with something
and taking action.
It didn't take that many people to do this and it was concentrated in
Madison at least as far as a big crowd. No reports yet how many people
went into other branches
in the region to close accounts.
Banks and big businesses try to poo poo boycotts and protests and a
few disgruntled people and that they don't matter. But they do and it
doesn't take huge numbers to do it.
Companies being hit with WI boycotts are in a panic, issuing press
releases and trying to deny culpability for their political donations.
Companies don't do that unless they are in fear.
These are WI companies that have national exposure but this is only
from people aware of the WI goings on. Again, not the total
demographic of the US jumping on it.
Koch Industries has been in damage control mode for weeks as boycotts
of their consumer products made rounds and started to be hinted at in
mainstream media. If a company that big is in fear of grassroots
boycotts they do matter. Last week Georgia Pacific products were on
sale just about everywhere I looked.
So what does this have to do with Uncut? Look at the big change a few
people made. Small groups of angry people made companies react.
I think the in masse closing of accounts at B of A could be a great
tactic if there is a way to get enough current customers on board to
do it.
Nancy in SD
March 08, 2011
February 21, 2011
Why Isn't Wall Street in Jail? | Rolling Stone Politics
Why Isn't Wall Street in Jail? | Rolling Stone Politics
Here's how regulation of Wall Street is supposed to work. To begin with, there's a semigigantic list of public and quasi-public agencies ostensibly keeping their eyes on the economy, a dense alphabet soup of banking, insurance, S&L, securities and commodities regulators like the Federal Reserve, the Federal Deposit Insurance Corp. (FDIC), the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC), as well as supposedly "self-regulating organizations" like the New York Stock Exchange. All of these outfits, by law, can at least begin the process of catching and investigating financial criminals, though none of them has prosecutorial power.
The major federal agency on the Wall Street beat is the Securities and Exchange Commission. The SEC watches for violations like insider trading, and also deals with so-called "disclosure violations" — i.e., making sure that all the financial information that publicly traded companies are required to make public actually jibes with reality. But the SEC doesn't have prosecutorial power either, so in practice, when it looks like someone needs to go to jail, they refer the case to the Justice Department. And since the vast majority of crimes in the financial services industry take place in Lower Manhattan, cases referred by the SEC often end up in the U.S. Attorney's Office for the Southern District of New York. Thus, the two top cops on Wall Street are generally considered to be that U.S. attorney — a job that has been held by thunderous prosecutorial personae like Robert Morgenthau and Rudy Giuliani — and the SEC's director of enforcement.
The relationship between the SEC and the DOJ is necessarily close, even symbiotic. Since financial crime-fighting requires a high degree of financial expertise — and since the typical drug-and-terrorism-obsessed FBI agent can't balance his own checkbook, let alone tell a synthetic CDO from a credit default swap — the Justice Department ends up leaning heavily on the SEC's army of 1,100 number-crunching investigators to make their cases. In theory, it's a well-oiled, tag-team affair: Billionaire Wall Street Asshole commits fraud, the NYSE catches on and tips off the SEC, the SEC works the case and delivers it to Justice, and Justice perp-walks the Asshole out of Nobu, into a Crown Victoria and off to 36 months of push-ups, license-plate making and Salisbury steak.
That's the way it's supposed to work. But a veritable mountain of evidence indicates that when it comes to Wall Street, the justice system not only sucks at punishing financial criminals, it has actually evolved into a highly effective mechanism for protecting financial criminals. This institutional reality has absolutely nothing to do with politics or ideology — it takes place no matter who's in office or which party's in power. To understand how the machinery functions, you have to start back at least a decade ago, as case after case of financial malfeasance was pursued too slowly or not at all, fumbled by a government bureaucracy that too often is on a first-name basis with its targets. Indeed, the shocking pattern of nonenforcement with regard to Wall Street is so deeply ingrained in Washington that it raises a profound and difficult question about the very nature of our society: whether we have created a class of people whose misdeeds are no longer perceived as crimes, almost no matter what those misdeeds are. The SEC and the Justice Department have evolved into a bizarre species of social surgeon serving this nonjailable class, expert not at administering punishment and justice, but at finding and removing criminal responsibility from the bodies of the accused.
The systematic lack of regulation has left even the country's top regulators frustrated. Lynn Turner, a former chief accountant for the SEC, laughs darkly at the idea that the criminal justice system is broken when it comes to Wall Street. "I think you've got a wrong assumption — that we even have a law-enforcement agency when it comes to Wall Street," he says.
In the hierarchy of the SEC, the chief accountant plays a major role in working to pursue misleading and phony financial disclosures. Turner held the post a decade ago, when one of the most significant cases was swallowed up by the SEC bureaucracy. In the late 1990s, the agency had an open-and-shut case against the Rite Aid drugstore chain, which was using diabolical accounting tricks to cook their books. But instead of moving swiftly to crack down on such scams, the SEC shoved the case into the "deal with it later" file. "The Philadelphia office literally did nothing with the case for a year," Turner recalls. "Very much like the New York office with Madoff." The Rite Aid case dragged on for years — and by the time it was finished, similar accounting fiascoes at Enron and WorldCom had exploded into a full-blown financial crisis. The same was true for another SEC case that presaged the Enron disaster. The agency knew that appliance-maker Sunbeam was using the same kind of accounting scams to systematically hide losses from its investors. But in the end, the SEC's punishment for Sunbeam's CEO, Al "Chainsaw" Dunlap — widely regarded as one of the biggest assholes in the history of American finance — was a fine of $500,000. Dunlap's net worth at the time was an estimated $100 million. The SEC also barred Dunlap from ever running a public company again — forcing him to retire with a mere $99.5 million. Dunlap passed the time collecting royalties from his self-congratulatory memoir. Its title: Mean Business.
More at the link above ...February 17, 2011
Sorting through claims about the internet & revolutions, part 2
Sorting through claims about the internet & revolutions, part 2
Highly interesting. Read the comments as they come in ....
February 16, 2011
Tax Evader TARGET, pay your share !
Tax Evader TARGET, pay your share ! |
| Time | Saturday, February 26 · 11:00am - 2:00pm |
|---|---|
| Location | |
| Created By | |
| More Info | Target has 8 offshore subsidies to avoid fair taxation ! Meanwhile we all experience cuts to our services. Stop the cuts! Tax the rich ! If you are affected by tax cuts, do you think Target should be avoiding its share? Let's educate people - So, bring your literature, signs, costumes, music, street theater and be part of a new international movement ! We will stand STRONG and UNITED against injustice. |
February 15, 2011
GRAPES OF WRATH – 2011
Posted on 13th February 2011 by Administrator in Economy |Politics |Social Issues
Alan Greenspan, Ben Bernanke, debt, dignity, Dust Bowl, farming, Federal Reserve, financial crisis, financial industry, fraud, Grapes of Wrath, Great Depression, John Steinbeck, manufacturing, Tom Joad, Wall Street
“And the great owners, who must lose their land in an upheaval, the great owners with access to history, with eyes to read history and to know the great fact: when property accumulates in too few hands it is taken away. And that companion fact: when a majority of the people are hungry and cold they will take by force what they need. And the little screaming fact that sounds through all history: repression works only to strengthen and knit the repressed.” – John Steinbeck – Grapes of Wrath
John Steinbeck wrote his masterpiece The Grapes of Wrath at the age of 37 in 1939, at the tail end of the Great Depression. Steinbeck won the Nobel Prize and Pulitzer Prize for literature. John Ford then made a classic film adaption in 1941, starring Henry Fonda. It is considered one of the top 25 films in American history. The book was also one of the most banned in US history. Steinbeck was ridiculed as a communist and anti-capitalist by showing support for the working poor. Some things never change, as the moneyed interests that control the media message have attempted to deflect the blame for our current Depression away from their fraudulent deeds. The novel stands as a chronicle of the Great Depression and as a commentary on the economic and social system that gave rise to it. Steinbeck’s opus to the working poor reverberates across the decades. He wrote the novel in the midst of the last Fourth Turning Crisis. His themes of man’s inhumanity to man, the dignity and rage of the working class, and the selfishness and greed of the moneyed class ring true today.
More, much more on the link above .. (read the awesome comments, too ...)
February 11, 2011
Mubarak resigns, military claims power in Egypt
Mubarak resigns, military claims power in Egypt
Not always a big World Socialist Website fan, but I think these are fine observations.
Have not been feeding this stuff onto the blog, but onto facebook - which I may come to regret. : (
By Tom Eley
12 February 2011
At about 6 p.m. on Friday, Egyptian Vice President Omar Suleiman went on national television and issued a brief statement saying that President Hosni Mubarak, who for 30 years ruled Egypt as a dictator, had resigned and left a group of top generals, the Armed Forces Supreme Council, in charge of the nation.
Egypt erupted in jubilation on word of Mubarak’s resignation. A crowd numbering in the millions and spreading out for kilometers in all directions from Cairo’s Tahrir Square broke out into singing, dancing, and tears of joy. Similar scenes took place across Egypt, including at a demonstration of hundreds of thousands in Alexandria.
Mubarak’s departure came after 18 days of demonstrations and strikes that had waxed and waned, but that had generally grown in size and scope in spite of the brutal oppression of the regime. At this stage in the revolution, at least 300 have been killed―the real number is doubtless far higher―and thousands have been arrested and “disappeared”.
The decisive moment came Wednesday and Thursday, when the Egyptian working class moved to the forefront, partially or completely shutting down every sector of the economy.
The strike wave propelled the Egyptian military to finally move against Mubarak. Up until then, the Obama administration backed Mubarak, fearful that his removal would only spread the revolutionary contagion beyond Egypt and set the stage for a showdown between the Egyptian workers and the military, which will be neither willing nor able to address the social and democratic grievances of the masses.
There had been many indications that in his televised Thursday evening speech Mubarak would announce his resignation. Earlier in the day the nation’s supreme military council convened before television cameras, in the conspicuous absence of Mubarak and Suleiman, and issued a document titled “Communiqué #1” that suggested a coup d'état had taken place. The same day a general appeared in Tahrir Square and told demonstrators their demands would be met.
Meanwhile, in the US, Central Intelligence Agency (CIA) Director Leon Panetta told Congress he expected Mubarak would step down later in the day.
When Mubarak appeared on television Thursday night and provocatively insisted he would serve out his term, while delegating additional authority to Suleiman, formerly the nation’s top intelligence official and a close collaborator with the US and Israel, the stage was set for a social explosion.
Up until he made his announcement, it was unclear whether or not Mubarak would resign. In the morning, the military council issued another statement, “Communiqué #2,” supporting the dictator’s speech of the night earlier. The document indicated the military would maintain its allegiance to Mubarak indefinitely. The Obama administration once again refused to publicly call for Mubarak’s resignation.
But Mubarak’s speech only deepened the resolve of the population. Friday’s demonstration centered in Tahrir Square was the largest to date. Demonstrations erupted elsewhere in Cairo, Egypt’s capital and largest city, including around Mubarak’s palace and the headquarters of the hated state television network. In the afternoon it was reported that Mubarak and his family had left the city for his Red Sea palace at Sharm el-Sheikh.
Heavily armed contingents of the Egyptian military were stationed throughout the city, raising the specter of a bloody confrontation, but as the day wore on fraternization between demonstrators and rank-and-file soldiers increased.
Alexandria, Egypt’s second largest city, also saw its largest protest on Friday, a demonstration that numbered in the hundreds of thousands and snaked along the Mediterranean coastline for kilometers. Mubarak’s Alexandria palace also became a focal point of the demonstration.
In the industrial city of Suez, a crowd estimated in the tens of thousands massed around ten government buildings. In the Sinai, the town of El-Arish was the scene of armed clashes between demonstrators and police. Police fired guns, and demonstrators responded by throwing firebombs and setting police cars alight. The governor of a southern Egyptian province was forced to flee the region in the face of violent protests in the morning.
It is believed that Mubarak’s cabinet has been or soon will be disbanded, as have both the upper and lower house of parliament. It appears that Suleiman, the favored heir of both the US and Israel, will not assume the presidency. The ruling National Democratic Party also showed signs of dissolution, with its chairman announcing his resignation minutes before Mubarak’s resignation was announced.
Little is known at this point what steps the military regime will take. A “Communiqué #3” issued by the military command after Mubarak’s resignation said only that it was “studying” how it could meet the demands of the population. It did not lift the state of emergency that has governed the country uninterruptedly for decades, saying that it would only be lifted after the current protests had ended.
The main opposition figures and parties, including both Mohammed El Baradei and the Muslim Brotherhood―which have worked systematically to contain protests―have insisted that the military be brought into any government. As late as Thursday night, a desperate El Baradei pleaded for the military to intervene to prevent the deepening of the revolution. "The army must save the country now," he said after Mubarak’s speech on Thursday night. “I call on the Egyptian army to immediately interfere to rescue Egypt. The credibility of the army is on the line."
After Mubarak departed, El Baradei declared victory. “The country has been liberated after decades of repression,” he said.
There is in fact not the slightest possibility that a military-backed government will meet the demands of the Egyptian masses―for jobs, good wages, and housing. The Egyptian military government is itself profoundly committed to the existing order. Its leading figures are deeply integrated into the business enterprises, and it has been for more than three decades the basic guarantor of the Mubarak regime.
The military’s assumption of power, with the backing of the Obama administration and bourgeois political forces like El Baradei and the Muslim Brotherhood, can only set the stage for a new phase in the revolution.
February 10, 2011
Proposed New Constitution for the United States
Proposed change to the US Constitution
We the People
Response to Robert Fisk
There is the call to WAKE UP from Egyptian women who know "the score" .. will Barry hear them and their children?
February 09, 2011
British Consul Closes Office to Duck Assange Letter
I wonder what was SO dangerous about my comment here that Huff wouldn't publish it.
UNREAL.
I am making the point WE are taxpayers, too and that one man came out and harassed us and nothing was done to HIM.
The issue SHOULD be discussed at the City Council. It is NOT in Mpls purview to back up idiots who troll FB and twitter and pay public funds to send out the police. There is plenty of CRIME here to take care of ..
Read the Article at HuffingtonPost
February 08, 2011
British Consul Closes Office to Duck Assange Letter
Oh, the irony!
When we handed out anti torture postcards earlier in the day we were THANKED by nearly everyone who took one regardless of age, race, nationalit
Then we show up at a private building and treated like rodents, the ones with the leathery tails. One spiteful man came outside and started SCREAMING AT US, and not ONE cop or security guy said a word or even moved a muscle !! Hey, we are taxpayers, too. These kinds of bullies
("PUT THAT MAN IN PRISON AND THROW AWAY THE KEY" he yelled. Yet, I'll bet he'd give the WAR CRIMINALS campaign donations and invite them to dinner.)
If protesters are peaceful but cannot even deliver a letter about justice, how can anyone think this is a land of the free, home of the brave?
Read the Article at HuffingtonPost
ACTIVISM: CETA IS the North American Union
Obomber and Harpo have done with nerve that which no man has done before. It was done in secret and without fanfare. The Canadian Senate has not stopped it as I had predicted it would.
The Competitive Council is probably celebrating and Obomber went to the Chamber of Commerce.
Corporatocacy is carrying the day.
GET ON THE PHONES !!
Harper signs new security perimeter deal without consulting Canadians or Parliament
Take action!
Contact Prime Minister Stephen Harper today and tell him he shouldn’t sign away Canada’s sovereignty by making backroom deals without public debate or scrutiny. The security perimeter deal was signed by Prime Minster Harper without permission from the Canadian public and without approval from Parliament even though it could result in major changes to how our borders are monitored, unfair immigration policies, and the sharing of Canadians’ personal information with U.S. Homeland Security.Go here to send your message to Prime Minister Harper today.
Here’s more about what’s new at the Council of Canadians:
- Nuclear Safety Commission approves shipment of radioactive materials through the Great Lakes
- Add your voice for social justice! Renew your Council of Canadians membership today
- Council speaks out against CETA
- Win! Kalahari Bushmen’s right to water recognized by court
- Council Vice-Chair attends World Social Forum
- Buzz about a Spring election grows louder
- Join the Council of Canadians
JURIST - Forum: Tunisia, Egypt, and Revolution in a "Democracy"
JURIST - Forum: Tunisia, Egypt, and Revolution in a "Democracy"
JURIST Guest Columnist Jordan Paust of University of Houston Law Center says that revolutions occur in different manners around the world, including in the US, and suggests that the US and other members of the UN should change their foreign policies to reflect the values and hopes of the majority of people in an interdependent world....
During our witnessing of what appear to be democratic revolutions in Tunisia and Egypt, a law professor named Carl T. Bogus posted a comment on CNN alleging that, "[T]here's no right of revolution in a democracy." Surely such a Bogus admonition is not correct or preferable. Some revolutions occur peacefully and partially through changing patterns of generally shared expectations or changes at the ballot box. The fact that a particular change, resting on general patterns of expectation or demand, occurs within a relative democracy should not be alarming to those who favor political self-determination of peoples, human rights, and the rule of authoritative law.
Moreover, of course, it begs a question at stake whether a given governmental process is democratic. It is also worth noting that some of our Founders, especially J.Q. Adams, Hamilton, Henry, Jefferson, Madison, Paine, and Wilson, who engaged in a notable revolution of their own, did not prefer that our federal government would be a direct democracy but a republic. Without, for example, the direct election of a President and with a balancing role of a Senate that is in potential opposition to a House with membership that is more directly representative of the human beings who make up our polity.
It was a Republican President in the midst of a civil war in 1861 who remarked during his First Inaugural Address that the people of the United States have a revolutionary right to overthrow their government at any time. But, he added, the Union, and not the secessionists, represented the people of the United States, or at least the majority thereof. His sentiments reflected, of course, those of the Founders of our country and others in the Americas who had thrown off the yoke of foreign powers.
I recall a time when Richard Nixon was on his way out, when thousands of demonstrators had already been locked up for days without trial in Washington, D.C. (something that the ACLU, which handled some of the cases, still cannot admit in view of "gag" orders imposed by the judiciary in a relative democracy). It was a time when the New York Times reported that generals in the Pentagon had decided not to push the button merely because a democratically elected President had ordered a nuclear attack. The unelected generals would decide themselves whether there was a need to use nuclear weapons - and thank goodness for common sense.
A general officer told me later that President Nixon, through his Chief of Staff, had asked the Joint Chiefs whether the military would support martial law and Nixon's retention of power, although the process of impeachment had begun. The unelected generals said, "No" - thank goodness. It had become clear that a previously democratically elected President had lost a democratically based authority to rule. It is a lesson for us that sometimes there is a need for revolutionary refusal or confrontation in a relative democracy, even against a government that had initially been democratically elected. Abraham Lincoln was correct.
And what is happening now in the Middle East, in Tunisia, Egypt, and elsewhere? What should our response be and that of the United Nations? Should we continue with an ultimately failed foreign policy that prefers stability at the expense of democratic values, political self-determination of peoples, and human rights - our cherished American values evident from the time when my ancestors fought in the Revolutionary War? Under article 55 of the United Nations Charter, every U.N. entity must promote and serve self-determination of peoples and participate in a universal respect for and observance of human rights. These same obligations are incumbent upon state members of the U.N. through article 56 of the Charter. Isn't it time for a revolutionary change in our foreign policy - one that reflects the values and hopes of the majority of our people and, quite obviously, numerous other peoples who seek to share a common dignity in an increasingly interdependent world?
Jordan J. Paust is the Mike and Teresa Baker Law Center Professor at the University of Houston and has ancestors who participated in the Revolutionary War and others who, far earlier, had signed the Magna Carta. He is the author of "The Human Right to Participate in Armed Revolution and Related Forms of Social Violence: Testing the Limits of Permissibility," 32 Emory Law Journal 545 (1983).
Suggested citation: Jordan J. Paust, Tunisia, Egypt, and Revolution in a "Democracy", JURIST - Forum, Feb. 1, 2011, http://jurist.org/forum/2010/09/tunisia-egypt-and-revolution-in-a-democracy.php
February 07, 2011
February 05, 2011
January 31, 2011
One U.S. Corporation's Role in Egypt's Brutal Crackdown | Save the Internet
One U.S. Corporation's Role in Egypt's Brutal Crackdown | Save the Internet
By Tim Karr, January 28, 2011
The open Internet's role in popular uprising is now undisputed. Look no further than Egypt, where the Mubarak regime today reportedly shut down Internet and cell phone communications -- a troubling predictor of the fierce crackdown that has followed.
What's even more troubling is news that one American company is aiding Egypt's harsh response through sales of technology that makes this repression possible.
The Internet's favorite offspring -- Twitter, Facebook and YouTube -- are now heralded on CNN, BBC and Fox News as flag-bearers for a new era of citizen journalism and activism. (More and more these same news organizations have abandoned their own, more traditional means of newsgathering to troll social media for breaking information.)
But the open Internet's power cuts both ways: The tools that connect, organize and empower protesters can also be used to hunt them down.
Telecom Egypt, the nation's dominant phone and Internet service provider, is a state-run enterprise, which made it easy on Friday morning for authorities to pull the plug and plunge much of the nation into digital darkness.
Moreover, Egypt also has the ability to spy on Internet and cell phone users, by opening their communication packets and reading their contents. Iran used similar methods during the 2009 unrest to track, imprison and in some cases, "disappear" truckloads of cyber-dissidents.
The companies that profit from sales of this technology need to be held to a higher standard. One in particular is an American firm, Narus of Sunnyvale, Calif., which has sold Telecom Egypt "real-time traffic intelligence" equipment.
MORE ON THE LINK ABOVE >>>>






