Update: Sorry folks, looks like another disappointment. Per the WSJ's Tamer El-Ghobashy, "#Radiohead spokesperson: “we can officially say its not happening” re: #occupywallstreet performance."
http://www.zerohedge.com/news/radiohead-play-occupywallstreat-event-4-pm
Organizers of the march said they aren't looking to take control of the
Occupy Wall Street protest, which has captured headlines since it began
nearly two weeks ago, but add to it.
“We're not trying to grab the steering wheel or to control it,” said
Michael Kink, executive director of the Strong Economy For All
coalition. “We're looking to find common cause and support the effort.
It's the right fight at the right time and we want to be part of it.”
[T]the nation’s largest registered nurses union and
professional association, representing 170,000 direct care RNs, stands
in support of, and in solidarity with, the ongoing OcuppyWallStreet.org
street protests and rallies.We applaud the commitment, savvy and sacrifice exhibited by the
multitude of students, union members, clergy, and many others from all
walks of life who have come together to loudly and clearly place the
blame for the nation’s pain where it belongs. Wall Street caused the
financial crisis and we share your demand that Wall Street pay us back.
And Terry O'Sullivan, president of the Laborers' International Union of America, issued a statement saying:
Wall Street caused our economic crisis, and yet corporations are attempting to force working people to pay for it.The only way to turn back the assault is to strengthen unions and build movements, such as Occupy Wall Street.
The workers who build America – the half-million men and women of
LIUNA – are united behind the fight against corporate tyranny and for
economic prosperity for all and stands with the Occupy Wall Street
movement in New York City and across the United States.
Writing in The Nation, Allison Kilkenny offers an angry rebuttal to Ginia Bellafante's NYT
article on the Occupy Wall Street demonstration, which paints the
protesters as "scatterbrained, sometimes borderline-psychotic
transients." Kilkenny attended the same demonstration, and while she
also saw "super-loud and eye-catching" demonstrators, she mostly found
herself talking to everyday people who'd lost everything, like Matthew, a
40 year old father of two: "My home has been seized, I’m unemployed,
there’s no job prospects on the horizon. I have two children and I don’t
see a future for them. This is the only way I see to effect change.
This isn’t a progressive issue. This is an American issue."
While the left loses the valuable organizational mechanism of unions,
the right has gained corporate masters like the Koch brothers to
disseminate millions of dollars into astroturfing campaigns to organize
and destroy on their behalf. While the left makes signs, the right has
already deployed troupes to scream at town hall events.
These are the kinds of massive oppositional forces activists find
themselves facing these days: an incredibly oppressive police state and a
corporate cash monster bearing down on them from the right. Meanwhile,
their union support army is either in retreat or preoccupied fighting
other battles on other fronts in Wisconsin or Ohio, or one of the other
forty-eight states where anti-union legislation was introduced this year
courtesy of ALEC, a front group that serves as proxy for corporate
interests.
Instead of bemoaning the fact that protesters haven’t arrived in
matching uniforms with a coherent PowerPoint presentation, these are the
issues we should be addressing. Of course the majority of Zuccotti Park
occupiers are young, brash and lost. They’d have to be to do something
like this, and risk getting hypothermia for the chance to be ignored and
belittled by the media. Young people are always the first ones willing
to risk comfort and security for the romantic vision of a better
tomorrow.
NYTimes isn't going to survive this protest. They gonna come out as stooge for the status quo after this is over.
3:30 PM PT: janosnation reports as follows:
Have been in touch with the NLG. I was down at OWS with
some of the legal observers. I am a NY attorney. Obviously their phone
lines are being overwhelmed by the people who have been arrested.It's unclear what exactly will happen next. If they are arraigned in
the morning, I imagine they will either get summonses for November,
like other OWS arrestees, or the charges will be dropped, so the city
doesn't have a repeat of the 2004 convention fiasco.I just got home, so I won't have new info for a while, but hope this helps.
Update 4:26 p.m.: Police have no arrived on the scene and have started arresting protesters en masse [...]Update 4:40 p.m.: Protesters are chanting "Let us go" as police seem
to be going around arresting people at random. Police could be seen
arresting a very young looking girl (15-17 from what we can tell), and
people are screaming that they are arresting a "little girl" for no
reason.
Here's a screencap. The girl in question is in the yellow hat:

FreakOutNation has posted a couple of screen shots
to show that the New York Times has changed its story about the
Brooklyn Bridge arrests in a subtle but important way to shift the blame
to protesters:

After allowing them onto the bridge, police cut off and arrested dozens of Occupy Wall Street protesters.
In a tense showdown over the East River, police arrested
hundreds of Occupy Wall Street demonstrators after they marched onto the
bridge's Brooklyn=bound roadway.
At one stage 500 protesters were blocked off by police on the bridge. At
least one journalist, freelancer Natasha Lennard for the New York
Times, was among those arrested. "About half way across the group of
people who wanted to occupy the bridge launched their action and stepped
into the road. They wanted to get arrested. It was sort of the idea,"
said Yaier Heber, one of the marchers.
But others said the sit-down protest appeared to happen only after the
protesters were deliberately blocked off by police after actually being
allowed onto the roadway. "They met the police line and ended up being
arrested one by one," said Damon Eris, another protester.
The march ended in chaotic scenes with police buses driving up the
bridge to be filled with arrested marchers. The packed buses then drove
off to central booking. Meanwhile, other marchers waited at the bottom
of the bridge's Manhattan side and cheered as some released protesters,
or those who had escaped being blocked off, came back down. "Let them
go! Let them go!" was a frequent chant.
So far we've seen no evidence of police actually encouraging protesters to go on the road, but there are videos that show police walking in front of the protesters, as they go up onto the road.
This isn't the same as encouraging them to go on the road, but on the
other hand, you could see why people in a crowd would think that going
on a bridge is kosher if the police are calmly walking in front of the
crowd as they go up the road.
Here are two videos. The first, via Andrew Krucoff, is very short and shows the police clearly leading the way at the very start of the protesters entering the bridge.
From a friend of a friend on Facebook:
"The Marines are coming to Wall St...(to PROTECT the protestors) "I'm
heading up there tonight in my dress blues. So far, 15 of my fellow
marine buddies are meeting me there, also in Uniform. I want to send the
following message to Wall St and Congress: I didn't fight for Wall St. I
fought for America. Now it's Congress' turn. My true hope, though, is
that we Veterans can act as first line of defense between the police and
the protester. If they want to get to some protesters so they can mace
them, they will have to get through the Fucking Marine Corps first.
Let's see a cop mace a bunch of decorated war vets. I apologize now for
typos and errors. Typing this on iPhone whilst heading to NYC. We can
organize once we're there. That's what we do best. If you see someone in
uniform, gather together. A formation will be held tonight at 10PM. We
all took an oath to uphold, protect and defend the constitution of this
country. That's what we will be doing. Hope to see you there!!"
Friends in San Francisco, Los Angeles, New York, and other cities around
the U.S. are sharing tweets, photos, and texts with me today about Occupy Wall Street and spinoff demonstrations. I was on IM with Boing Boing pal Joe Sabia in New York City, who co-curates Boing Boing's in-flight video channel on Virgin America airlines, and he abruptly signed off: "GTG. JOINING THE PROTEST."
Moments later he texts me from his phone, out in the streets: "A
protest just came by, and I spontaneously joined. Kind of amazing. About
a thousand NYU and New School students coming in from Washington Square
Park to Wall Street." And a few minutes after that, "This is definitely
more than a thousand."
The New York Observer reports on numbers at nearby Foley Square:
Union members representing the AFL-CIO (AFSCME), TWU
Local 100, and SEIU 1199, among others, were scheduled to join the
protesters, and it’s an older crowd than previous marches. Occupy Wall
Street organizers are estimating the crowd to be 10,000 people.
Filmmaker Michael Moore tweets: "#OccupyWallStreet has shut down Broadway. Wow. NYPD prohibiting traffic."
Meanwhile, I see friends Doc Pop and Quinn Norton
live-tweeting protests in San Francisco. "Today's #occupywallstreet
protest in SF is surprisingly big," Doc Pop writes, with the photo
above, "A solid group about 3 blocks long."
It’s brutally important that we, as members of the Democratic Wing of
the Democratic Party, speak up about these “bipartisan” travesties.
Otherwise, at the end of the day, we’re just another bunch of
hypocrites—doing exactly what the wingers and the MSM do—spewing forth
political propaganda.
As Bill Moyers recently noted it, "America Can't Deal With Reality -- We Must Be Exposed to the Truth, Even If It Hurts.”
And make no mistake about the role of Third Way. Third Way
runs the policy apparatus of the Democratic Party. In Congress, staffers
attend regular Third Way policy briefings, where the group hands out
pre-packaged legislative amendments in legal form, generic press
releases, polling around those policy ideas, and talking points. It’s a
soup-to-nuts policy apparatus. Most of these ideas are harmless – like
increased volunteerism – but some are not, like various tax proposals.The group has enormous juice. On the Congressional side, it has six honorary Senate co-Chairs,
and seven House-side co-Chairs. Jim Clyburn, a co-Chair, is in the
House Democratic leadership. Two current cabinet members are former
co-Chairs. Steny Hoyer, the House minority whip, held regular briefings
for the freshmen member staff in the last Congress.On the administration side, former Third Way board member Bill Daley
is now White House chief of staff. Ron Klain, who was Biden’s Chief of
Staff, is now with Third Way. The White House is pretty much full of Third Way-style apparatchiks.Third Way also echoes, nearly entirely, the White House’s political
line (though it is slightly ahead on gay rights). Here’s Third Way
praising the Gang of 6 talks, opposing cut, cap, and balance, encouraging entitlement cuts, pushing various free trade agreements.Finally, most of the Board members are from the FIRE Sector (Wall Street and real estate), including the head of equity trading for Goldman Sachs and one of the heads of investment banking for Morgan Stanley.
It’s a highly optimized political operation for the White House and
Congressional Democrats, with PR muscle, elite validators, access, and
policy-making infrastructure.
By Stuart Zechman, an entrepreneur and technologist, co-founder
with Jay Ackroyd of the blog “Political Lagoon, and a frequent commenter
at TIME Magazine’s political blog “Swampland”.
The youth behind the original movement are organized into factions or committees,
including legal, medical, and finance, and they are pulling away from
association with the union protest movement now. The people behind the
original movement recognize that their strength is in their youth, and
we found little evidence to confirm reports that they're not organized.
They now have $40,000 in the bank, in an account at Amalgamated Bank.
"At first, Victoria [Sobel, one of the movement's unofficial leaders]
was sleeping with $10,000 in the park," says Darrell Prince, who works
on the finance team. He and others on the team wear a gold "$" sign as
an elbow patch to identify themselves.
http://www.businessinsider.com/the-occupy-wall-street-protesters-have-40000-in-the-bank-2011-10
I
think what is making me angry is the people lambasting this movement.
Because God knows I am tired of hearing about how Americans don't care,
we're ignorant, etc etc. We finally decide to start standing up and
there are idiots saying "whatre you doing sit back down."
This is significant, if for no other reason than the fact that hey,
there is life out there. Americans are not quite as stupid as they seem.
More importantly, they are from all walks off life, which says
something else too. If you don't want in, then get out of the way, that
is what I say.
Discipline Needed
It isn’t hard to see what Republican-controlled
legislatures are trying to do. They want to make sure that the kind of
free-floating anger expressed by Occupy Wall Street doesn’t end up
helping Obama’s reelection. The claim that the purpose of the new
election laws is to prevent voter fraud is itself a fraud, given that
there’s no widespread evidence of ballots cast under assumed identities.
To make something lasting of this movement, the
left must move from legitimate moral outrage to a disciplined approach
for electing candidates who want to make Wall Street more answerable for
the mess we’re in. Even as they’re outspent by the Koch brothers and
their corporate ilk, the 99 percenters will make 2012 a helluva lot more
compelling.
yadda yadda bla bla... (The TV people still can't figure out why they can't find coherent message. heh. keep looking and print it all out... )
Yesterday morning a retired military officer friend (RMOF) and I were
conversing about what might happen next with the Occupy Wall Street
movement. Since Michael Westen of Burn Notice or Annie Walker from
Covert Affairs weren’t available, he offered some thoughts from the
point of view of a non-fictional character who studies this stuff. I,
as a media watcher and activist wanted to talk about how the media and
power players will deal with the various actions and what we can do to
predict the media’s actions so we can get ahead of news and prepare. I
also have delusions of influencing the narrative, but I’m afraid that
shuttle craft might have left the ship.
Here are a few of his thoughts and some of my questions, predictions and suggestions.
RMOF: I expect “trouble” soon. I don’t expect it from the protestors, but plants put in by the plutocrats or by violent individuals.
Spocko: Definitely. The media LOVE plants because they will create the kind of action that makes for good TV.
What they are not good at is tracking down who has started the action
and just how connected they really are to the movement. Today our new
media can help. We already identified Deputy Inspector Anthony Bologna,
the cop who pepper sprayed the penned in girls. I doubt the MSM have
diligently tracked him down if only they had the footage. Even if they
did it would be days later and they would have had to go though official
channels.
– Bank profits are highest since before the recession…: According to the Federal Deposit Insurance Corp., bank profits in the first quarter of this year were “the best for the industry since the $36.8 billion earned in the second quarter of 2007.” JP Morgan Chase is currently pulling in record profits.
– …even as the banks plan thousands of layoffs: Banks, including Bank of America, Barclays, Goldman Sachs, and Credit Suisse, are planning to lay off tens of thousands of workers.
– Banks make nearly one-third of total corporate profits: The financial sector accounts for about 30 percent of total corporate profits, which is actually down from before the financial crisis, when they made closer to 40 percent.
– Since 2008, the biggest banks have gotten bigger:
Due to the failure of small competitors and mergers facilitated during
the 2008 crisis, the nation’s biggest banks — including Bank of America,
JP Morgan Chase, and Wells Fargo — are now bigger than they were pre-recession. Pre-crisis, the four biggest banks held 32 percent of total deposits; now they hold nearly 40 percent.– The four biggest banks issue 50 percent of mortgages and 66 percent of credit cards: Bank of America, JP Morgan Chase, Wells Fargo and Citigroup issue one out of every two mortgages and nearly two out of every three credit cards in America.
– The 10 biggest banks hold 60 percent of bank assets: In the 1980s, the 10 biggest banks controlled 22 percent of total bank assets. Today, they control 60 percent.
– The six biggest banks hold assets equal to 63 percent of the country’s GDP:
In 1995, the six biggest banks in the country held assets equal to
about 17 percent of the country’s Gross Domestic Product. Now their
assets equal 63 percent of GDP.– The five biggest banks hold 95 percent of derivatives:
Nearly the entire market in derivatives — the credit instruments that
helped blow up some of the nation’s biggest banks as well as
mega-insurer AIG — is dominated by just five firms: JP Morgan Chase, Goldman Sachs, Bank of America, Citibank, and Wells Fargo.– Banks cost households nearly $20 trillion in wealth: Almost $20 trillion in wealth was destroyed by the Great Recession, and total family wealth is still down “$12.8 trillion (in 2011 dollars) from June 2007 — its last peak.”
– Big banks don’t lend to small businesses: The New Rules Project notes that the country’s 20 biggest banks “devote only 18 percent of their commercial loan portfolios to small business.”
– Big banks paid 5,000 bonuses of at least $1 million in 2008:
According to the New York Attorney General’s office, “nine of the
financial firms that were among the largest recipients of federal
bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008.”http://thinkprogress.org/economy/2011/10/07/338887/1-facts-biggest-banks/
But if Occupy Wall Street coalesces into something like a real
movement, the Democratic Party may have more difficulty digesting it
than the GOP has had with the Tea Party.
After all, a big share of both parties’ campaign funds comes from the
Street and corporate board rooms. The Street and corporate America also
have hordes of public-relations flacks and armies of lobbyists to do
their bidding – not to mention the unfathomably deep pockets of the Koch
Brothers and Dick Armey’s and Karl Rove’s SuperPACs. Even if the
Occupiers have access to some union money, it’s hardly a match.
Yet the real difficulty lies deeper. A little history is helpful here.
In the early decades of the twentieth century, the Democratic Party
had no trouble embracing economic populism. It charged the large
industrial concentrations of the era – the trusts – with stifling the
economy and poisoning democracy. In the 1912 campaign Woodrow Wilson
promised to wage “a crusade against powers that have governed us … that
have limited our development … that have determined our lives … that
have set us in a straightjacket to so as they please.” The struggle to
break up the trusts would be, in Wilson’s words, nothing less than a
“second struggle for emancipation.”
Wilson lived up to his words – signing into law the Clayton Antitrust
Act (which not only strengthened antitrust laws but also exempted
unions from their reach), establishing the Federal Trade Commission (to
root out “unfair acts and practices in commerce”), and creating first
national income tax.
Years later Franklin D. Roosevelt attacked corporate and financial
power by giving workers the right to unionize, the 40-hour workweek,
unemployment insurance, and Social Security. FDR also instituted a high
marginal income tax on the wealthy.
Not surprisingly, Wall Street and big business went on the attack. In
the 1936 campaign, Roosevelt warned against the “economic royalists”
who had impressed the whole of society into service. “The hours men and
women worked, the wages they received, the conditions of their labor …
these had passed beyond the control of the people, and were imposed by
this new industrial dictatorship,” he warned. What was at stake,
Roosevelt thundered, was nothing less that the “survival of democracy.”
He told the American people that big business and finance were
determined to unseat him. “Never before, in all our history, have these
forces been so united against one candidate as they stand today. They
are unanimous in their hate for me, and I welcome their hatred!”
By the 1960s, though, the Democratic Party had given up on populism.
Gone from presidential campaigns were tales of greedy businessmen and
unscrupulous financiers. This was partly because the economy had changed
profoundly. Postwar prosperity grew the middle class and reduced the
gap between rich and poor. By the mid-1950s, a third of all
private-sector employees were unionized, and blue-collar workers got
generous wage and benefit increases.
By then Keynesianism had become a widely-accepted antidote to
economic downturns – substituting the management of aggregate demand for
class antagonism. Even Richard Nixon purportedly claimed “we’re all
Keynesians now.” Who needed economic populism when fiscal and monetary
policy could even out the business cycle, and the rewards of growth were
so widely distributed?
http://www.businessinsider.com/the-wall-street-occupiers-and-the-democratic-party-2011-10
…The problem is that no one in Washington has been listening.
At this point, protest is the message: income inequality is grinding
down that middle class, increasing the ranks of the poor, and
threatening to create a permanent underclass of able, willing but
jobless people. On one level, the protesters, most of them young, are
giving voice to a generation of lost opportunity…
…
…The protests, though, are more than a youth uprising. The
protesters’ own problems are only one illustration of the ways in which
the economy is not working for most Americans. They are exactly right
when they say that the financial sector, with regulators and elected
officials in collusion, inflated and profited from a credit bubble that
burst, costing millions of Americans their jobs, incomes, savings and
home equity. As the bad times have endured, Americans have also lost
their belief in redress and recovery.
The initial outrage has been compounded by bailouts and by elected
officials’ hunger for campaign cash from Wall Street, a toxic
combination that has reaffirmed the economic and political power of
banks and bankers, while ordinary Americans suffer…
…
…When the protesters say they represent 99 percent of Americans, they
are referring to the concentration of income in today’s deeply unequal
society…
…
The Administration’s strategy for maintaining this posture is by
being anti-investigation and anti-transparency. As we’ve discussed, the
stress tests were a sham. The foreclosure task force didn’t even try to
look serious, it was a mere 8 week investigation and of 2800 cases
chosen for review (in no scientific manner), only 100 were foreclosures. The US Trustee’s office found a level of servicing errors more than 10 times that asserted by banks and happily parroted by Federal banking regulators. We expect readers could add to this list just as readily as we can.
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