How a Neoliberal Shell Game Created an Age of Activism

Juan Cole, TomDispatch: 'Whether in Egypt or the United States, young rebels are reacting to a single stunning worldwide development: the extreme concentration of wealth in a few hands thanks to neoliberal policies of deregulation and union busting.... They are objecting to high rates of unemployment, reduced social services, blighted futures, and above all the substitution of the market for all other values as the matrix of human ethics and life.'

http://www.truth-out.org/protest-planet-how-neoliberal-shell-game-created-age-activism/1320950783

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Shootings rock Occupy encampments in Oakland, Vermont

New York Daily News

11/10/11

A man was shot Thursday outside the Oakland encampment that anti-Wall Street protesters have occupied for the last month, but an organizer for Occupy Oakland said the attack was unrelated to the ongoing protest of U.S. financial institutions. ... A shooting also rocked the Occupy Wall Street encampment in Vermont on Thursday. A 35-year-old military veteran apparently shot himself in Burlington, fellow protesters said. A hospital spokesman said later the man had died...

http://nydn.us/vcAdMJ



Occupy Fannie and Freddie

San Francisco Chronicle
by Debra J. Saunders

11/10/11

The collapse of MF Global Holdings gives Americans yet another reason not to trust Wall Street. The firm filed for bankruptcy as federal regulators were looking for $600 million missing from customer accounts. Its CEO, former Democratic New Jersey Gov. Jon Corzine, had bet that European leaders would bail out smallish countries that were too big to fail. His bet did not pay off. The only good news out of this story is that Washington won t be bailing out MF Global...

http://tinyurl.com/74qd6w8



Let the innocent pay the wrongdoers

Authority!
by Timothy J Taylor

11/13/11

Fannie Mae alone has so far sucked up $112.6 billion in funds from taxpayers since the government took full control of the firm in 2008. ... Add Freddie Mac to the mix and the total taxpayer bailout comes to more than $170 billion and counting. ... The figure could reach $193 billion and more by 2014. Who gets that $193 billion? Why, the lucky lenders, and investors of course - the ones who got an iron clad pay back guarantee courtesy of the U.S. government. It s the responsible taxpayers, homeowners and creditworthy borrowers who are getting the shaft...

http://bit.ly/tkHRne


Informant: Thomas L. Knapp



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