Tuesday, January 31, 2012
Monday, January 30, 2012
How 'Communism' Brought Racial Equality To The South : NPR
Saturday, January 28, 2012
links for your evening
Friday, January 27, 2012
Can I get a retweet...
Occupy London, on Hayek, in the Financial Times
Fans of Friedrich von Hayek may be surprised to learn that the Austrian economist is the talk of Occupy London. Hayek’s observation that distributed intelligence in a voluntary co-operative is a hallmark of real economy rings true beneath the bells of St Paul’s. Occupy is often criticised for not having a single message but that misses the point: we are committed to incorporating different preferences before coming up with policies. In this sense, it could be said we work more like a market than the corporate boardroom or lobbyist-loaded politics – our ideas are radical but also just and democratically decided.
Sunday, January 22, 2012
Press Release: Occupy Atlanta Press Conference
OCCUPY ATLANTA
FOR IMMEDIATE RELEASE
Press Contact:
Tim Franzen 404-414-5521
La’Die Z. Mansfield 678-675-3888
On Monday (01/23) at 11am Occupy Atlanta will hold a press conference in the front of Chase Bank located in the Edgewood Shopping Center, 1215 Caroline St. NE.
Like many families across the nation, the late Ms. Eloise Pittman was a victim of one of the worse cases of predatory lending. The Pittman family has been fighting to save the family home since November 2011. This house for this family is more than a building that gives shelter. It is a home that has been passed down generations since the 1950’s.
This past week we have finally been able to get Chase bank to negotiate with they family. The options they have laid out are terrible. They either want the family to leave or pay over $400,000 for a property that's worth a little over $100,000. Their options are unacceptable. When Chase bank needed a bail out they got one to the tune of billions at practically zero percent interest. We will not continue to allow big banks like Chase to continue to make profit off the backs of those that they refuse to assist.
Occupy Atlanta will be announcing our plans to escalate the campaign against Chase bank at the press conference, part of which will include actions that are provocative, and national in scope. The time where Banks like Chase are able to quietly scam folks out of their homes is over.
####
Saturday, January 21, 2012
Debt itself is not an inter-generational burden #GOP #fail
Since ownership of the debt will utlimately be passed on to future generations (ignoring the portion that is held by foreigners -- which a function of the trade deficit), the debt itself is not a generational burden.
It can raise important issues of distribution within generations and the taxes needed to pay for the debt can create economic distortions, but many other things also lead to economic distortions (like patents and copyrights).
To carry this point a step further, since deficits that stimulate the economy today are likely to increase investment (especially if they are used to finance public investment and education), they are likely to make out children richer. Furthermore, the Fed could simply hold this debt and use higher reserve requirements in future years to stem an inflationary impact from a greater volume of reserves in the banking system. In that case, interest on the debt would be paid directly back to the Treasury. Where is the burden on our kids?
