Monthly Archives: October 2011

Meet the 0.01 Per Cent: War Profiteers | War Costs

While the Occupy movement targets the 1 Percent, we want to introduce you to the elite among the gang of superrich: the war profiteers. War industry CEOs make tens of millions of dollars a year, putting them in the top 0.01 percent of income earners in the U.S., and they use their corporations’ massive lobbying dollars to keep their job-killing gravy train rolling. We’ve got to stop them.a Watch…

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Filed under Arms industry, Corporations, Corruption, Economic justice, Militarization, Military-industrial complex, War

As Occupy Wall Street Expands, Tensions Mount Over Structure | IBTimes.com

From the beginning, Occupy Wall Street has been committed to direct democracy. Anyone can participate in the General Assembly, the movement’s main decision making body, by offering ideas or questioning other peoples’ proposals. But that model is coming under strain as the still-nascent movement becomes more organized and maps a way forward. Read more…

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Filed under Democracy movements, Direct and participatory democracy, Occupy movement

Occupy Oakland: Iraq war veteran in critical condition after police clashes | World news | guardian.co.uk

Scott Olsen, 24, in hospital with fractured skull and brain swelling after allegedly being hit by a police projectile in Oakland Read more…

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Filed under Civil rights, Democracy movements, Occupy movement

Oakland Policeman Throws Flash Grenade Into Crowd Trying To Help Injured Protester – YouTube

Footage from the Occupy Oakland protest, October 25th, 2011. After protesters ran to the aid of a badly-injured person, Oakland Police deliberately lobbed a flash grenade into the crowd. Watch…

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Filed under Uncategorized

Solidarity letter from Cairo | openDemocracy

A letter of solidarity to those in the United States currently participating in the ‘occupy’ protests. Citing a common struggle, the letter calls for continued occupations from a global youth that have grown weary with the ‘current order of things.’ Read more…

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Filed under Arab spring, Democracy movements, Occupy movement

From Tahrir to Wall Street: Egyptian Revolutionary Asmaa Mahfouz Speaks at Occupy Wall Street | Democracy Now!

Occupy Wall Street received a surprise visit Monday from several leading Egyptian activists, including 26-year-old Asmaa Mahfouz. She is one of the founders of the April 6 Youth Movement, which is the group credited with helping to organize the January 25 protests that eventually toppled the regime of former president Hosni Mubarak. Prior to the protest in January, Mahfouz recorded a YouTube video urging people to fill Tahrir Square. Democracy Now!’s Amy Goodman spoke to her at Occupy Wall Street. Watch/read more…

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Filed under Arab spring, Democracy movements, Occupy movement

Does one ‘super-corporation’ run the global economy? | Mail Online

A University of Zurich study ‘proves’ that a small group of companies – mainly banks – wields huge power over the global economy.

The study is the first to look at all 43,060 transnational corporations and the web of ownership between them – and created a ‘map’ of 1,318 companies at the heart of the global economy.

The study found that 147 companies formed a ‘super entity’ within this, controlling 40 per cent of its wealth. All own part or all of one another. Most are banks – the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse. Read more…

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Filed under Corporate globalization, Corporations, Democracy, Economic justice, Global finance