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Max Keiser: Financial pornography and Goldman-Sachs

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Though he may look like Moe from The Simpsons, Max Keiser is no slouch. A former equities-broker, Max is a colorful and outspoken commentator, whose show, the Keiser Report on Russia Today, is fast becoming required viewing. Of late, he has been hitting major home runs with his astute assessments of current financial and political events.

In the latest edition, “Financial Rape, Financial Pornography”, Max discussed with political analyst, Stacy Herbert, how Goldman-Sachs has a gun to the world’s head, and how banks implement with impunity, a shadow banking system, which is used to get away with stealing money - something Herbert compared to the punishment meted out to a starving mother who when caught stealing a $5 sandwich to feed her child, was sent to prison. As Herbert pointed out, when the top 1% “commit fraud, it is a called an error, a simple accounting error. When a normal person does it, they end up in jail.”

Keiser also talked with James Howard Kunstler, about how the Occupy Movement is changing the world and what affect it will have on next year’s Presidential election. Plus Max asks if corporations are “individuals”, and if so, should they be tried, like “individuals”, and if found guilty, executed?
 

 

Posted by Paul Gallagher | Discussion
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The People vs.Goldman Sachs: Cornel West and Chris Hedges presiding


 
Thanks to New York photographer Robert Chin for videotaping this and uploading it to Youtube.

Recorded November 3, 2011, 10.15am. The People vs. Goldman Sachs mock trial people’s hearing held at Liberty a/k/a Zuccotti Park with fiery commentary by Dr. Cornel West, eloquence by Chris Hedges, and testimonies from people directly affected by Goldman Sach policies.

You can keep up-to-date with the always compelling Cornel West at his website.

Chris Hedges is a Pulitzer Prize winning human rights journalist who writes a weekly column for Truthdig .

This is the kind of street theater we need to see in cities all across America. In addition to marching and occupying public places, we need to explore creative and provocative ways to capture the attention of the media. In our ADD culture, we’ve got to keep things interesting. West and Hedges are taking a page from the Abbie Hoffman play book.
 

 
Hedges was arrested along with 15 other protesters following the “people’s trial” when they staged a sit-in outside the headquarters of Goldman Sachs.

The Gothamist reports:

Over a dozen Occupy Wall Street protesters were arrested today outside Goldman Sachs, where they had marched with 300 others after holding a mock trial of CEO Lloyd Blankfein. Among those arrested were performance artist gadfly Reverend Billy and author and columnist Chris Hedges, who is a senior fellow at The Nation Institute. Hedges and the Rev joined several others in a direct action protest outside the firm, sitting down on the sidewalk, linking arms, and refusing to leave. It seems clear the activists intended to be arrested; earlier today Reverend Billy tweeted, “I’ll spend the afternoon in a police van with Chris Hedges and come out ten times more READY for the miracle! Revolujah!”

 

 

Posted by Marc Campbell | Discussion
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The Dogs of OWS
11.05.2011
02:05 pm

Topics:
Activism
Amusing
Animals

Tags:
Dogs
OWS
Occupy

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The Dogs of OWS.
 
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More campaigning canines, after the jump…
 
Via Damn Cool Pictures
 

Posted by Paul Gallagher | Discussion
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Foil the Evil Empire: Today is Bank Transfer Day


Take your money out of the Evil Empire today! Image via @SKYENICOLAS

Today is Bank Transfer Day, the day to take your money (should you still be lucky enough to have any), transfer it to a credit union, close down your accounts with the big banks and starve them of the oxygen they need to survive: YOUR HARD-EARNED MONEY.

Not everyone can be in Zuccotti Park, but YOU CAN DO THIS!

It’s Saturday. Do you honestly have something better to do than fucking over the big banks? I didn’t think so…

DailyKos blogger frustrated1 told a tale of closing his or her bank accounts, along with her sister under the title “The bank said ‘You’ll Be Back.’” I encourage any of you who are doing this today to post your own first person stories in the comments.

One thing I should probably mention is that my sister is a very successful medical doctor.  She makes a ton of money.  She also had a ton of money in each of these banks.  She decided to close these accounts out of solidarity with OWS protesters.  

At Wells Fargo, my sister walked up to the teller and politely asked to close her account.  The teller said, “No problem.”  She pulled up her account and saw the balance and told her that due to the amount she had to speak with the branch manager.  The branch manager came out.  He was probably 30 years old and was very arrogant.  He asked my sister why she wanted to close her account and my sister told him she thought Wells Fargo was part of the problem with the economy.  He went thru some talking points about why she shouldn’t move her money, but my sister didn’t back down.  When he asked her where she was going she told him that she would be banking at the North Carolina State Employees Credit Union.  She isn’t a state employee, but anyone can join if you are related to a state employee.  It turns out her husband is.  Anyway, the bankster told her “You’ll be back.  Credit unions can’t provide the services you need.”  We’ll see about that.  She withdrew over $200k from Wells Fargo.

Next we went to Bank of America.  I closed my last account with hardly any questions asked.  Of course, I had taken most of my money out so there wasn’t much left to take.  My sister on the other hand had a large balance in multiple accounts.  They actually refused to cut her a check for the full amounts.  They only gave her 1/3 of her money and told her she’d have to come back to withdraw the rest.  They claimed they were only allowed to make checks for a certain amount, and that they had no authority to cut additional checks on the same day.  Stupid BofA.   She had her check in hand and politely told off the branch manager when he told her she had to come back another day or two to withdraw the rest.  

At BofA, we weren’t the only ones closing accounts.  There was a line of people.  Most had small accounts because they weren’t even being challenged, but she actually had to wait in line to speak with a branch manager.

At SunTrust, the branch manager went off his rocker.  He just kept asking her “is there anything I can do or anything I can say to change your mind?”  He asked probably twenty times.  He even offered to have the market executive meet with her and hear out her concerns. She told him she wasn’t interested.  He really looked nervous about it.  

We then took the deposits we had to NCSECU.  The people there were busy.  There were 5 people in front of us in the line to open an account.  When my sister got to the front she learned that the credit union actually has a trust company and wealth management services. Neither of us knew that.  She is now considering moving her Merrill Lynch (owned by BofA) accounts to the credit union as well.  She’s been with her financial advisor for 15 years, so that’s the biggest reason she hesitates. 

Here’s a link to some helpful Bank Transfer Day resources at AlterNet and Move Your Money

How do I move my money out of a big bank? (Mother Jones)

Posted by Richard Metzger | Discussion
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Total Recall: The race to erase the smile from Scott Walker’s face


 
With today being the first day that recall petitions can be filed in Wisconsin against officials who were elected in November 2010—like say extremely unpopular Republican Governor Scott Walker—we’re happy to report that the first paperwork has indeed been filed with state elections officials to get this sleazy son of a bitch out of office.

WI’s Government Accountability Board confirmed that the request was filed Friday, the first possible date to file a recall petition. Now it’s up to the unions and Democrats in WI to gather 540,000 in the next 60 days to force the recall election. Walker is able to engage in unlimited fundraising now that this initial petition has been filed. The game is on.

The first petition to recall Walker was filed by David Brandt of Muskego in Waukesha County. It’s suspected by some WI Democrats that Mr. Brandt is a Walker supporter who filed the petition today so that Walker’s fundraising could begin immediately. Whether that’s true or not hasn’t been determined, but apparently Brandt gave Walker’s campaign $50 in 2010. It doesn’t rule out that he came to loathe Walker like many others in the state (and nation!) came to loathe this stupid-faced scumbag.

But who cares anyway? It’s not exactly like Walker has the wind at his back or anything, so why wait even one more day? The Republicans are on the run in WI and they are very well-aware of it, too, so why not just get down to the business of ending Scott Walker’s political career ASAP?

GOP efforts to hamstring recall efforts with a plan that would require each recall petition to be notarized were defeated earlier this week and so was a motion to have recall elections take place under a new legislative map favoring the GOP.  The Republican efforts to hinder the recall efforts have been moot.

With the threat of these procedural roadblocks now behind them, Wisconsin Democrats plan to file separate recall petitions against Scott Walker and Lt. Governor Rebecca Kleefisch soon.

Contribute to the WI Democrats efforts to get this union-busting bastard out of office.

Below, hapless Reichwing goofball Scott Walker gets a “mic check” in Chicago:
 

Posted by Richard Metzger | Discussion
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Occupy your police department: A useful reminder

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Teargas at 14th & Broadway in Oakland, October 25 2011
 
This may strike some as trivial, but it can have important implications. YouTube user BLKPXLS brings us a bit of footage from the evening of Occupy Oakland’s General Strike, about which he notes:

This how to properly engage with police when they do suspicious things. We were riding by on bikes and noticed hes hiding his name and has no badge number. SO we decided to ask him. He did not answer, we asked a ranking officer is that policy? The LT. quickly went about fixing his attitude. This is a common practice among cops at occupy’s around the US .That way he/she cannot be named or referenced if he participates in police miss-conduct . Its in most police departments policies that all officers in uniform must show some form of identification. OPD does not wear badges with #‘s, how do we hold anyone accountable?

THANKS OPD LT C.WONG for stepping up and holding the officer accountable on camera!

 
This might remind us of the extremely salient fact that as investors in society and our police departments, we have a right to know the identity of EVERY officer enforcing the law.

Unfortunately, depending on the general temperament of the PD in your area, this could be a risky move. So be careful, and big up BLKPXLS and all camera-armed cop-watchers on the ground.
 

 

Posted by Ron Nachmann | Discussion
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Gov. Scott Walker heckled by Occupy Chicago


The face of an idiot.

Wisconsin Gov. Scott Walker was heckled for six solid minutes this morning by fifty Occupy Chicago supporters in front of an audience of 300 people at a breakfast appearance.

When they were finished harassing the hapless, soon-to-be-former WI Republican governor, the protesters left the event at Chicago’s Union League Club.

Around fifty people chanted things like “Union busting. It’s disgusting” and “We are the 99 percent.”

After the protesters left, politically tone-deaf, about-to-be-recalled-from-office Walker said, “The bottom line is, no matter how loud you shout, the facts are the facts. The facts are that our reforms have worked and continue to work in the state of Wisconsin.”

Look into his beady little eyes. Even Walker’s eyes look like they’re sweating. This is a man terrified on one hand, and yet in deep, deep denial on the other. As the Firesign Theatre once said: “A stiff idiot is the worst kind.”
 

Wisconsin Governor Scott Walker heckled at Chicago’s Union League Club from WBEZ on Vimeo.

Posted by Richard Metzger | Discussion
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Download immortal Technique’s ‘The Martyr’ for free


 
More Occupy-themed free music, and a big tIp of the hat to DM commenter Frank W for alerting us to this. The words “Immortal Technique”, “new mixtape” and “free download” should be enough to catch the more discerning listener’s ear, but if you’re new to this excellent MC let’s just say he’s the real deal. If you want to know more, his full, extraordinary biography can be found on the Viper Records website (as can his essay The Legacy of Bin Laden which is well worth reading.)

The Martyr features guest spots from Dead Prez, Joell Ortiz, Diabolic and more on the mic, and production from J Dilla, Southpaw and the man himself. On the track “Rich Man’s World (1%)” he puts himself in the mind of a genuine one-percenter and shows just how much he doesn’t give a shit what the other 99% of us think (“I hope you got good credit bitch/If not better get a new job with benefits”) - all over that naggingly familiar riff from “Money Money Money” by Abba.
 
Immortal Technique “Rich Man’s World (1%)”
 

 
Immortal Technique is currently on tour through-out the US in support of The Martyr (he’l be coming to a city near you pretty soon, check the dates on the Viper website). but in the meantime you can download the 16 tracks here, so get clicking.

Posted by Niall O'Conghaile | Discussion
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Protesters stage sit-in at Republican leader’s office today, still there


You won’t be smiling for long, ruling class son of a peeg dog!

While Senate Minority Leader Mitch McConnell was tied up over at the Capitol Building, where Republicans blocked a $60 billion infrastructure bill today that would have created thousands of jobs, approximately thirty out-of-work protesters staged a sit-in at McConnell’s Senate office.

The protesters, who were organized by a group called OurDC, took every chair and much of the floor-space of the GOP leader’s Russell Building office as McConnell’s aides went about their work. The group claimed no affiliation with Occupy Wall Street.

As of 3 p.m EST, the protesters are still there and said they wouldn’t leave before they got a face-to-face meeting to discuss jobs with the turkey-necked obstructionist Republican Senator from Kentucky.

Nicely done. Keep the heat on these Republican motherfuckers. It’s fantastic to watch these guys squirm. Why make it easy on them?
 

Posted by Richard Metzger | Discussion
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Tea party idiot ‘yells names’ at Elizabeth Warren


 
Last night at the start of an Elizabeth Warren campaign meeting in Brockton, MA, some sad, scared little man on the wrong side of history expressed his support for the Tea party and called Warren a “socialist whore.”

Via Huffington Post:

After the event, Warren reflected on the man’s outburst, which she said was her first such encounter. “I actually felt sorry for the guy. I really genuinely did. He’s been out of work now for a year and a half. And bless his heart, I mean, he thought somehow it would help to come here and yell names,” she told HuffPost.

The assault stuck with Warren, and she continued to think about it throughout the night. Hours later, she she said she wasn’t upset with the man himself, but rather with those who attempt to channel his anger in a malevolent direction. “I was thinking more about the heckler. I’m not angry with him, but he didn’t come up with the idea that his biggest problem was Occupy Wall Street. There’s someone else pre-packaging that poison—and that’s who makes me angry,” she said.

Did you get to the end where he tries to dramatically storm out and the door is locked? Bless his pointed little head!
 

Posted by Richard Metzger | Discussion
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