Archives › 2011 › October
xyz Stuart Appelbaum, an influential union leader in New York City, was in Tunisia last month, advising the fledgling labor movement there, when he received a flurry of phone calls and e-mails alerting him to the rumblings of something back home. Protesters united under a provocative name, Occupy Wall Street, were gathering in a [...]
From Nobel-winning economist supports ‘Occupy Wall Street’ Nobel Prize winning economist Joseph Stiglitz showed up at “Occupy Wall Street” this week to show his support for the protest and clearly outline what he sees as the worst crimes of the American financial sector. In a brief speech amplified by an “echo chamber” of protesters (who [...]
What do the Wall Street occupiers want? As near as we can figure, Accountability and transparency from the leaders of financial system, in and out of government; A fair tax system; A reasonably generous safety net, includingg unemployment and disability insurance; Universal access to health care. This doesn’t, in our view, make them extremists. But [...]
Via RawStory.com – Agence France-Presse reports that, while millions suffer economic difficulties – and fear for their futures – US CEO pay jumped 11 percent. WASHINGTON — Compensation received by chief executives of the biggest US companies surged 11 percent over the past 12 months — to $9.3 million on average, The Wall Street Journal [...]
From Helicopter crashes into East River in New York City The helicopter is reportedly fully submerged in the river A woman has died and two others are seriously injured after a helicopter plunged into a river in New York City shortly after take-off, officials say. Witnesses described how the privately owned Bell 206 aircraft span [...]