[ Posted Friday, November 4th, 2011 – 16:50 UTC ]
Like many Americans, I watched the events unfold in Oakland this week with some trepidation. Occupy Oakland tried two new tactics in protesting, and both were very successful at achieving a key goal -- that of getting your message across. Both the general strike and the temporary port shutdown were successful, in this regard. Later in the night, however, a group of jerks came close to ruining all this, by their criminal behavior.
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[ Posted Tuesday, November 1st, 2011 – 15:58 UTC ]
This is not only a victory for consumers (and the Occupy Wall Street folks, incidentally), but a triumph of mathematics and economics. Because it is ridiculous that big banks should even contemplate these fees in the first place.
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[ Posted Friday, October 28th, 2011 – 16:13 UTC ]
We'd like to begin today with an issue that we regularly get incensed about here, mostly because it flies under the radar of just about everyone -- including the entire media universe. Because for once, Democrats are making the attempt to use the issue to make some political hay (even though, in this regard, they're admittedly almost as bad as the Republicans).
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[ Posted Thursday, October 27th, 2011 – 15:18 UTC ]
The "Occupy Wall Street" movement seems to be at a crossroads. The path it chooses to take next may be the deciding moment for whether it declines into irrelevance or grows beyond its current boundaries into something larger.
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[ Posted Wednesday, October 19th, 2011 – 17:10 UTC ]
Last night, at yet another Republican presidential candidate debate, Herman Cain was roundly criticized for his simplistic 9-9-9 tax plan by his fellow Republicans. I have to admit, it was a little bizarre (in a "Nixon goes to China" sort of way) to see Republicans disparaging a tax plan for being "regressive." Ron Paul was unafraid to actually use this word, and while several other candidates avoided the term they in essence leveled the same charge: 9-9-9 would wind up increasing taxes on the poor and the middle class. Being Republicans, though, they didn't also speak of the other side of this coin -- the fact that 9-9-9 would lower taxes on the wealthy and really lower them on the ultra-wealthy. But still, it was odd enough to see candidate after candidate speak of their concern for the tax burden of the lower-class and middle-class, since this is usually a Democratic argument. Perhaps all those 99 Percenters out there demonstrating in the streets are getting through to the Republican politicians? Stranger things have happened.
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[ Posted Friday, October 14th, 2011 – 16:30 UTC ]
But, having said all of that, I'm going to make a suggestion anyway, on one particular facet of the movement: its name. Because I truly think that if the protest wants to grow and expand into a forceful movement for change, it should consider a bit of rebranding.
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[ Posted Tuesday, October 11th, 2011 – 16:34 UTC ]
The idea behind that title is: "When the People lead, the leaders will follow." I read this on a bumpersticker a few decades ago, although I must admit I haven't bothered to research the phrase's origins. Wherever it came from, the idea is a simple (and amusing) one: when the so-called "leaders" aren't leading, then the People will step in and do it for them. Eventually, the "leaders" will wake up to what is going on and get on board themselves, pretending to have led the movement all along.
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[ Posted Friday, October 7th, 2011 – 16:39 UTC ]
A corporate leader passed away this week, and millions mourned his passing and celebrated his life.
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[ Posted Wednesday, October 5th, 2011 – 16:05 UTC ]
The protesters in the Occupy Wall Street movement have been getting criticized for not being focused enough, or not providing a list of demands, or not having leaders, or any number of other things by the media. But this can be forgiven, because the media are now at least paying attention, rather than just completely ignoring the protest. What surprises me is that the media (at least so far) haven't realized the frustration the protesters feel is the real story here. Call it free-floating rage, if you will. Or, even better, call it an updated Howard Beale moment.
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[ Posted Monday, October 3rd, 2011 – 16:51 UTC ]
Forty-four years ago, Abbie Hoffman and a few friends made a statement on Wall Street. His merry band of pranksters took a tour of the New York Stock Exchange on August 24, 1967. The tour ended at a gallery overlooking the actual trading floor. Hoffman and his friends rushed to the railing, and began throwing money onto the heads of the traders below. The stock ticker (at the time, the sacred heartbeat of the American financial system) was halted for six minutes, while the crowd grubbed for the money on the floor. Hoffman's group was then escorted out, where they spoke to a crowd of reporters.
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