Europe’s Crisis May End in a ‘Violent Blow-Up’: Galbraith

By Stacy Curtin | Daily Ticker – Mon, Oct 24, 2011

Michael "Hosni Mubarek" Bloomberg

"Where man starts by burning books he ends up by burning people."

451 at Zuccotti Park

by PETER LINEBAUGH from Counterpunch.org

The cowardly, nocturnal destruction of more than 5,000 volumes of “the People’s Library” last week, a repository of knowledge gathered by the Occupy Wall Street assembly at Zuccotti Park requires the most vigorous push-back.   Mayor Bloomberg of New York ordered the destruction which was certainly coordinated with Wall Street and the White House.

Let the number 451 become his license plate; let it become his Social Security Number; let it become the password to his billions; let it become his total ID, for now the world knows him as the one who realized the dystopia of book-burning described in Ray Bradbury’sFahrenheit 451 (1953) known to every American high school student.

Or, one might liken the destruction at Zuccotti Park to the burning of the books in Germany in 1933.  The German burning inspired a comrade of 1968 to place at the site of the Nazi’s hideous deed a plaque with Heinrich Heine’s words, written in 1821,

… wo man Bücher verbrennt,
Verbrennt man
Auch am Ende Menschen.

which roughly means, ‘where man starts by burning books he ends up by burning people.’  There is, of course, a difference between 1933 and 2011.  The distance between the gasses of the holocausts and the burning of pepper spray is substantial but it is a distance upon a similar chemical continuum and it shares the same fear of ideas. 

Though the plutocrats are still leagued with the war-mongers they are no longer 

organized as national and social capital; capitalismorganized as national and social capital; capitalism now is globalized.

they constantly tell us, not national and not social. However, we the 99%  too are world-wide and becoming more and more social.

The books at Zuccotti Park were hauled away in dumpsters belonging to the sanitation department. The pretext of the destruction was “cleaning” the park which, the Mayor said, was filled with “filth”.  This is the rhetoric of Mein Kampf.  But no one is deceived.  These acts are deliberate attempts to destroy the ideas and the many “yesses” of the movement against neo-liberalism, and our utter negation of the blasphemous notion that rule by the 1% with its wars, debts, and work is inevitable and eternal.

The trashing of the books is a sign of our times as surely as the deliberate destruction of the antiquities and national library of Baghdad.  In the case of Mesopotamia the books held the knowledge of the first cities of human history; in the case of Zuccotti Park the knowledge was surely of the next cities of human history.  Well, not only cities.  Obviously the country and the seas and the stratosphere are planetary sites of filth and destruction in need of repair. Even the Biblical jubilee of debt forgiveness, manumission, and land restoration entails a time of fallow, to give the earth a rest.

Nowadays the 1% expect all the respect, as if money conferred it, while we, the 99%, are degraded and devalued.  Our wealth is not filthy lucre.  Our wealth consists of ideas, it consists of our books, it consists of our prefigurments in our relations with one another.  Our wealth consists of our assemblies where the “people’s microphone” returns to the Greek etymology of the assembly, the ecclesia, which meant to “call out.”

Within a few hours the call went out again and people re-gathered to re-constitute the movement to occupy Wall Street. Among the signs was one which surely is a call-out, “Arrest one of us; two more appear. You can’t arrest an idea!” Ideas are not “absolutely dead things,” as Milton said (Areopagitica 1644), “they are as lively, as vigorously productive as those fabulous dragon’s teeth, and being sown up and down, may chance to spring up armed men.”  He was writing in the midst of civil war; we may say that we are armed with books and with ideas.  Our occupations, up and down and everywhere, embody them.   You have only to witness the soft-spoken eloquence and the powerful composure of the librarians of the OWS Library at their press conference of the day before yesterday to understand this ecclesia.

This – the relation between words and deeds -  is the essential point. The Occupation of Wall Street tended towards a unity of action and talk, because the action of occupation created the assembly where speaking out and speaking up could transpire.  The resulting discourse creates knowledge of the revolutionary future.  The struggle for ideas is a struggle for space:  it was so with the hills and mountains of the liberating guerrillas, it was so with the peasants and soldiers in the soviets, it was the case with the congregations of the yeomen and artisans in the English civil war; it was the case with the tennis court where the French Revolution of 1789 began; it was so with the zocolo in Oaxaca; it was the case with the numberless encampments of history in forest and field from Kett’s Rebellion to the Zapatistas of Chiapas.   In all of these it was the combination of ideas and assembled people in some actual, occupied space that was creative:  ideas alone quickly become smothered in isolated study carrels, crowds alone quickly become mindless in the stadiums of authorized sport. When they are united our movement lives up to its name.  History can begin. Hence, our enemies need to repress our deeds and our ideas.  The protection of this relation of ideas and assembly is what the US Constitution forgot and had to be repaired right away in the very first amendment.

Peter Linebaugh teaches history at the University of Toledo. The London Hanged and (with Marcus Rediker) The Many-Headed Hydra: the Hidden History of the Revolutionary Atlantic. His essay on the history of May Day is included in Serpents in the Garden. His latest book is the Magna Carta Manifesto. He can be reached at: plineba@yahoo.com

We Are the 99.9%

By PAUL KRUGMAN

Published: November 24, 2011 NYT

“We are the 99 percent” is a great slogan. It correctly defines the issue as being the middle class versus the elite (as opposed to the middle class versus the poor). And it also gets past the common but wrong establishment notion that rising inequality is mainly about the well educated doing better than the less educated; the big winners in this new Gilded Age have been a handful of very wealthy people, not college graduates in general.

If anything, however, the 99 percent slogan aims too low. A large fraction of the top 1 percent’s gains have actually gone to an even smaller group, the top 0.1 percent — the richest one-thousandth of the population.

And while Democrats, by and large, want that super-elite to make at least some contribution to long-term deficit reduction, Republicans want to cut the super-elite’s taxes even as they slash Social Security, Medicare and Medicaid in the name of fiscal discipline.

Before I get to those policy disputes, here are a few numbers.

The recent Congressional Budget Office report on inequality didn’t look inside the top 1 percent, but an earlier report, which only went up to 2005, did. According to that report, between 1979 and 2005 the inflation-adjusted, after-tax income of Americans in the middle of the income distribution rose 21 percent. The equivalent number for the richest 0.1 percent rose 400 percent.

For the most part, these huge gains reflected a dramatic rise in the super-elite’s share of pretax income. But there were also large tax cuts favoring the wealthy. In particular, taxes on capital gains are much lower than they were in 1979 — and the richest one-thousandth of Americans account for half of all income from capital gains.

Given this history, why do Republicans advocate further tax cuts for the very rich even as they warn about deficits and demand drastic cuts in social insurance programs?

Well, aside from shouts of “class warfare!” whenever such questions are raised, the usual answer is that the super-elite are “job creators” — that is, that they make a special contribution to the economy. So what you need to know is that this is bad economics. In fact, it would be bad economics even if America had the idealized, perfect market economy of conservative fantasies.

After all, in an idealized market economy each worker would be paid exactly what he or she contributes to the economy by choosing to work, no more and no less. And this would be equally true for workers making $30,000 a year and executives making $30 million a year. There would be no reason to consider the contributions of the $30 million folks as deserving of special treatment.

But, you say, the rich pay taxes! Indeed, they do. And they could — and should, from the point of view of the 99.9 percent — be paying substantially more in taxes, not offered even more tax breaks, despite the alleged budget crisis, because of the wonderful things they supposedly do.

Still, don’t some of the very rich get that way by producing innovations that are worth far more to the world than the income they receive? Sure, but if you look at who really makes up the 0.1 percent, it’s hard to avoid the conclusion that, by and large, the members of the super-elite are overpaid, not underpaid, for what they do.

For who are the 0.1 percent? Very few of them are Steve Jobs-type innovators; most of them are corporate bigwigs and financial wheeler-dealers. One recent analysis found that 43 percent of the super-elite are executives at nonfinancial companies, 18 percent are in finance and another 12 percent are lawyers or in real estate. And these are not, to put it mildly, professions in which there is a clear relationship between someone’s income and his economic contribution.

Executive pay, which has skyrocketed over the past generation, is famously set by boards of directors appointed by the very people whose pay they determine; poorly performing C.E.O.’s still get lavish paychecks, and even failed and fired executives often receive millions as they go out the door.

Meanwhile, the economic crisis showed that much of the apparent value created by modern finance was a mirage. As the Bank of England’s director for financial stability recently put it, seemingly high returns before the crisis simply reflected increased risk-taking — risk that was mostly borne not by the wheeler-dealers themselves but either by naïve investors or by taxpayers, who ended up holding the bag when it all went wrong. And as he waspishly noted, “If risk-making were a value-adding activity, Russian roulette players would contribute disproportionately to global welfare.”

So should the 99.9 percent hate the 0.1 percent? No, not at all. But they should ignore all the propaganda about “job creators” and demand that the super-elite pay substantially more in taxes.

Don't Sit This One Out - What's Your Vision for Occupy Wall Street?

Tuesday 22 November 2011

by: Michael Moore, MichaelMoore.com | Op-Ed -----Truthout.com

This past weekend I participated in a four-hour meeting of Occupy Wall Street activists whose job it is to come up with the vision and goals of the movement. It was attended by 40+ people and the discussion was both inspiring and invigorating. Here is what we ended up proposing as the movement's "vision statement" to the General Assembly of Occupy Wall Street:

"We Envision: [1] a truly free, democratic, and just society; [2] where we, the people, come together and solve our problems by consensus; [3] where people are encouraged to take personal and collective responsibility and participate in decision making; [4] where we learn to live in harmony and embrace principles of toleration and respect for diversity and the differing views of others; [5] where we secure the civil and human rights of all from violation by tyrannical forces and unjust governments; [6] where political and economic institutions work to benefit all, not just the privileged few; [7] where we provide full and free education to everyone, not merely to get jobs but to grow and flourish as human beings; [8] where we value human needs over monetary gain, to ensure decent standards of living without which effective democracy is impossible; [9] where we work together to protect the global environment to ensure that future generations will have safe and clean air, water and food supplies, and will be able to enjoy the beauty and bounty of nature that past generations have enjoyed."

The next step will be to develop a specific list of goals and demands. As one of the millions of people who are participating in the Occupy Wall Street movement, I would like to respectfully offer my suggestions of what we can all get behindnow to wrestle the control of our country out of the hands of the 1% and place it squarely with the 99% majority.

Here is what I will propose to the General Assembly of Occupy Wall Street:

    10 Things We Want
    A Proposal for Occupy Wall Street
    Submitted by Michael Moore

1. Eradicate the Bush tax cuts for the rich and institute new taxes on the wealthiest Americans and on corporations, including a tax on all trading on Wall Street (where they currently pay 0%).

2. Assess a penalty tax on any corporation that moves American jobs to other countries when that company is already making profits in America. Our jobs are the most important national treasure and they cannot be removed from the country simply because someone wants to make more money.

3. Require that all Americans pay the same Social Security tax on all of their earnings (normally, the middle class pays about 6% of their income to Social Security; someone making $1 million a year pays about 0.6% (or 90% less than the average person). This law would simply make the rich pay what everyone else pays.

4. Reinstate the Glass-Steagall Act, placing serious regulations on how business is conducted by Wall Street and the banks.

5. Investigate the Crash of 2008, and bring to justice those who committed any crimes.

6. Reorder our nation's spending priorities (including the ending of all foreign wars and their cost of over $2 billion a week). This will re-open libraries, reinstate band and art and civics classes in our schools, fix our roads and bridges and infrastructure, wire the entire country for 21st century internet, and support scientific research that improves our lives.

7. Join the rest of the free world and create a single-payer, free and universal health care system that covers all Americans all of the time.

8. Immediately reduce carbon emissions that are destroying the planet and discover ways to live without the oil that will be depleted and gone by the end of this century.

9. Require corporations with more than 10,000 employees to restructure their board of directors so that 50% of its members are elected by the company’s workers. We can never have a real democracy as long as most people have no say in what happens at the place they spend most of their time: their job. (For any U.S. businesspeople freaking out at this idea because you think workers can't run a successful company: Germany has a law like this and it has helped to make Germany the world’s leading manufacturing exporter.)

10. We, the people, must pass three constitutional amendments that will go a long way toward fixing the core problems we now have. These include:

a) A constitutional amendment that fixes our broken electoral system by 1) completely removing campaign contributions from the political process; 2) requiring all elections to be publicly financed; 3) moving election day to the weekend to increase voter turnout; 4) making all Americans registered voters at the moment of their birth; 5) banning computerized voting and requiring that all elections take place on paper ballots.

b) A constitutional amendment declaring that corporations are not people and do not have the constitutional rights of citizens. This amendment should also state that the interests of the general public and society must always come before the interests of corporations.

c) A constitutional amendment that will act as a "second bill of rights" as proposed by President Franklin D. Roosevelt: that every American has a human right to employment, to health care, to a free and full education, to breathe clean air, drink clean water and eat safe food, and to be cared for with dignity and respect in their old age.

Let me know what you think. Occupy Wall Street enjoys the support of millions. It is a movement that cannot be stopped. Become part of it by sharing your thoughts with me or online (atOccupyWallSt.org). Get involved in (or start!) your own local Occupy movement. Make some noise. You don't have to pitch a tent in lower Manhattan to be an Occupier. You are one just by saying you are. This movement has no singular leader or spokesperson; every participant is a leader in their neighborhood, their school, their place of work. Each of you is a spokesperson to those whom you encounter. There are no dues to pay, no permission to seek in order to create an action.

We are but ten weeks old, yet we have already changed the national conversation. This is our moment, the one we've been hoping for, waiting for. If it's going to happen it has to happen now. Don't sit this one out. This is the real deal. This is it.

Have a happy Thanksgiving!

Koch Brothers At The Head Of The Financial Corporate Crime Syndicate

Max Keiser talks about how the Koch brothers are at key figures of the nation's corporate crime syndicate.

This is why we have Occupy Wall Street. Why can't the mayors and governors and cities attacking the Occupy Wall Street Protesters see why this movement is angry!!! Hey everyone, get on board with the protesters.

This is only way the fraud will end, along with the political trolls doing their bidding.

Domestic Violence On The Innocent On Obama's Watch

Obama Heckled For Allowing Police Brutality Against Protesters and Failing to Rein In Banks

Posted on November 22, 2011 by WashingtonsBlog

Occupy Wall Street Dislikes the Mainstream Democratic and Republican Parties

The mainstream Democratic party is trying to co-opt Occupy Wall Street, and the Democratic party machinery is trying to turn OWS into a Democratic fundraising campaign. And see this.

But the Occupy supporters dislike Obama and the mainstream Democratic party, just as they dislike the mainstream Republican party. See this, this, this and this.

Indeed, OWS protesters in New Hampshire just heckled Obama for turning a blind eye while thousands of peaceful protesters have been arrested – and hundreds have been attacked with batons, pepper sprayed or otherwise brutally suppressed – for exercising their constitutional rights:

The protesters said (although they were interrupted):

“Mic check, Mr. President.”

“Over 4,000 peaceful protesters have been arrested while bankers continue to destroy the American economy. You must stop the assault on our 1st Amendment rights. Your silence sends a message that police brutality is acceptable. Banks got bailed out. We got sold out.”

Here are two photos of a New Hampshire protester handing Obama a note at the event:

As I noted last month:

Everyone’s trying to cash in on the courage and conviction of the Wall Street protesters.

People are trying to associate Occupy Wall Street with their pet projects, in the same way that advertisers try to associate the goodwill of the Super Bowl, NBA playoffs, World Series or Olympics with their product.

But I hear from OWS organizers that the protesters come from totally diverse political affiliations. Many protesters support Ron Paul, many like Obama, others are for other parties or candidates or don’t vote at all.

The protesters themselves are having none of it, tweeting today:

We don’t want to be the democratic tea party or liberal tea party. We want to be our own movement separate of any political affiliation.

[A]nother tweet from the protesters:

We don’t represent liberal interests nor are we the liberal tea party. We represent the interest of the 99%

Mainstream Democrats – While Pretending they Support It – Hate Everything OWS Stands For

And Obama and the mainstream Democrats – while pretending they support the Occupy protesters – are working against everything they stand for.

The Democratic politicos backing OWS are funded by Wall Street.

As I noted last month:

Obama is pretending that he supports the 99%.

But Obama has raised more from Wall Street than anyone else. He is bought and paid for.

Mr. Obama has appointed the very Wall Street insiders who helped cause the financial crisis to top posts. See this, this, this and this.

He thinks that high unemployment is a good thing.

Obama – just like the other pimps in D.C. – has institutionalized fraud as an official (if unspoken) party platform.

Americans want our liberties restored, our troops brought home, and the Fed reined in. But Obama has implemented plans for war throughout the Middle East crafted by the Neoconservatives a decade (or more) ago, and gotten us into 7 (oops …8) wars, attacked our liberties even more than Bush and allowed the Fed to dramatically expand its powers.

Americans didn’t want bailouts, but Obama helped to facilitate trillions in direct and hidden bailouts.

Obama doesn’t support the 99%. He is a wolf in sheep’s clothing.

As Yves Smith notes:

A saying I learned in Caracas: “A politician is someone who gets in front of a mob and tries to call it a parade.”

***

Forget what you’ve been taught … the mainstream Democrats and mainstream Republicans are virtually identical on all core matters. Don’t fall for the old divide-and-conquer trick.

Note: Democratic congressman Deutch just introduced a bill called the Outlawing Corporate Cash Undermining the Public Interest in our Elections and Democracy (OCCUPIED) Amendment, which would remove money from campaigns and specify – as the Founding Fathers intended – that corporations aren’t people.   While I haven’t yet analyzed the bill, this seems like a great piece of legislation.  As such, the mainstream Democrats – and their Wall Street backers – will fight it tooth and nail.  

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