An update to the "Occupy" movement that is still alive and well.
We don't hear much about the Occupy movement anymore. Media seems to avoid it and that old saying "out of sight - out of mind" prevails. Yet while not in main stream media - on air or in many newspapers - the internet, especially HuffPost continues to cover it.
This link contains several stories that are worth reading. The reality is that "the people" seem to be in favor of the Occupy movement. In fact, you will see that an entire community from the Mayor to the Chief of Police in a small California town are supporting the movement.
To read more from the HuffPost...click here
Some of what you will see and read:
Occupy Our Homes Gains Support Near A Foreclosed House In Brooklyn11:45 AM – TodayThe Scene In Los Angeles
OWS' Small-Town Side
UStream Feeds: Amateur journalists recording actual events. ... click here
More from HuffPost and Janet Tavakoli:
Wealthy Patriots Wage Class War
A strange thing happened in Chicago on Thursday, December 8. An audience of well-heeled professionals, a mixture of Democrats and Republicans, packed a room at the Drake Hotel to hear Robert Shiller, a Yale professor, give a presentation on the housing market. A few members of the audience were in the top 1%, and the balance of the audience was probably in the top 2%-5%. At the end of the presentation, there was a bi-partisan revolt.
Fraud "Blind Spot"...Shiller's speech was 2 ½ years after I appeared on C-Span talking about the many aspects of widespread interconnected mortgage fraud that damaged the global financial markets...Shiller's speech was months after Congressional investigations showed how Wall Street firms provided financing for fraudulent loan activity....... His speech was also months after widespread reports of robo-signing of affidavits and other types of foreclosure fraud.... The Yale professor's speech was just four days after 60 Minutes blew open widespread loan origination fraud at Countrywide......Shiller's talk was the day after former Illinois Governor Rod Blagojevich was sentenced to 14 years in prison after his corruption conviction....Shiller spoke on the same day that Jon Corzine, former CEO of bankrupt firm MF Global (former Democratic Governor of New Jersey, former Democratic Senator from New Jersey and former CEO of Goldman Sachs), testified before Congress that he had no intention to break the rules but he just doesn't know what happened to an estimated $600 million to $1.2 billion of customers' assets.
says Janet Tavakoli: "The first time the word "fraud" was uttered that evening was when I posed my question."
Shiller himself never used "fraud." The most he would say in his so-called response was "some people aren't very nice." Really? It sounded rehearsed, and it struck most people in the audience as a shameful cop-out. If this is what economists are teaching students at universities, students should demand a refund of their tuition. Kindergarten children are given better warnings about strangers with candy.
"Countrywide Broke the Law. Homeowners Did Not."Even worse Shiller, intentionally or otherwise, distorted my meaning.
Class WarfareRead it all...click here
Alumni of the Federal Reserve, corrupt politicians, and willfully blind academics would be correct to say that evening was a case of "class warfare." Well-heeled U.S. patriots declared war on the lack of class demonstrated by their financial peers.