Tags Wall Street
Tag: Wall Street
As the campaign over allegations of sexual misconduct has unfolded, it has become clear that what is involved is of far greater magnitude than the form in which it initially emerged – allegations against one Hollywood producer, Harvey Weinstein. With the initial shock beginning to wane, opposition is emerging from some of those targeted. PBS personality Tavis Smiley, who was summarily suspended based on anonymous and unspecified allegations, issued a blistering statement denouncing PBS for launching a “so-called investigation” without even contacting him.
Cheers and chants filled the room at the Green Party Convention at the University of Houston, where physician and activist Jill Stein was named as the Green Party’s presidential candidate with human rights activist Ajamu Baraka as her running mate. Stein said that too much is at stake this election for people to be voting out of fear. Stein said that if people had the courage to vote for the greater good rather than the lesser of two evils, it would be numerically possible for the Green Party to win.
The California Democratic Primary is Tuesday, June 7. Whatever “The Movement” means to you, if you care about human decency and international human rights, we need a Sanders victory and a Clinton repudiation in California on June 7 – and beyond. I admire and support Sen. Sanders for his courageous challenge to the American Israel Political Action Committee, his support for human rights and fair treatment for the Palestinian people, and his open challenge to Hillary Clinton on Israel and Palestine.
On March 18, residents of Midtown Park Apartments, Cultural Action Network, ACCE Action and allies attempted to close down two Chase and US Bank locations they believe are connected to current tenant displacement in the Mission, Fillmore-Western Addition and Bayview through evictions and predatory-lending foreclosures. They also delivered petitions for those banks to pledge to divest from investments and practices that result in displacement of long-time San Franciscans.
The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a “victory lap.” “We came, we saw, he died!” she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi. But the victory lap, write Scott Shane and Jo Becker in the New York Times, was premature. Libya was relegated to the back burner by the State Department.
For 24 years Bill and Hillary Clinton have courted Wall Street money with notable success. No other political couple in modern history has enjoyed so much money flowing to them from Wall Street for such a long time – $92.57 million over a quarter century. Because of the Clintons’ romance with Wall Street and their corrupt New Democratic Party, the New York bankers and the Clintons are richer today. Others – betrayed, abandoned, savaged – are not.
The Consumer Financial Protection Bureau was created five years ago by the Dodd-Frank financial reform law to be a “cop on the beat” to protect consumers in their dealings with banks, credit card companies and other financial firms. The CFPB clearly takes its job seriously. Some members of Congress who take their marching orders from Wall Street have been trying to weaken CFPB ever since it was created, but happily they haven’t succeeded.
This is the advice I share with anyone getting out of the SHU and going into GP (general population). The first thing I did when I was released to GP was to find out all I could about the mainline and the programs that they offered. You want to get connected to as many self-help programs as you can. Something else that helped me to transition from SHU to mainline was to surround myself with positive people and keep myself busy.
Washington, D.C. – Following an announcement made Feb. 11 by Financial Services Committee Chairman Jeb Hensarling that the committee will embark upon “an extensive review and thorough examination of the successes and failures” of the Department of Housing and Urban Development, Ranking Member Congresswoman Maxine Waters, D-Calif., issued this statement.
Much hullabaloo has been made recently about slavery as entertainment in movies like “Django Unchained.” But lost in the discussion is slavery as history. Though sadistic and macabre, the plain truth is that slavery was an unprecedented economic juggernaut whose impact is still lived by each of us daily. Here’s my top-10 list of things everyone should know about the economic roots of slavery.
Instead of throwing another quarter million dollars away on a gimmick, the City of Oakland should turn to its own Bay Area neighbors in Richmond to see what they’re doing right and why their homicide and violent crime rates have so radically dropped. I imagine that Richmond’s crime fighting team would consult with Oakland’s at little or no cost, considering the mutual benefit of reducing crime in the San Francisco Bay Area.
The Black community is in a world of trouble. And President Obama alone cannot fix it. This is where real leadership is needed: real, un-bought, unbiased leadership. Black America’s biggest challenge, truth be told, is itself. And Black pastors are at the center of the issue. If we can get our leaders to the table – political, business, academic and community – we could create our own salvation.
With corruption running rampant on Wall Street and in the nation’s lending institutions and housing industry, millions of homeowners are facing foreclosure as a direct result. Matters are only getting worse as members of Congress and the Department of Housing and Urban Development (HUD) are pushing to deregulate the nation’s more than 3,000 public housing authorities.
It’s election time. Whether you vote by mail or go to the polls like I do on Election Day, June 5, be sure that you and your household, family and friends cast your votes. You’ll be upholding a proud tradition – Bayview Hunters Point oldtimers’ motto, VOTE 100%, once made Blacks a powerful political force in San Francisco. By voting – and by organizing, making demands and showing the way – we can regain and expand our power, stop the backsliding and get the boot off our neck. - Bay View publisher Willie Ratcliff
On May 12, Sonoma State University awarded honorary doctorates in humane letters to former Citigroup CEO Sanford Weill and his wife Joan, paid for with a $12 million “donation.” On the same day, William Penn University awarded an honorary doctorate in humane letters to Rwandan President Paul Kagame, despite his army’s atrocities in Rwanda and Congo.
California Gov. Jerry Brown’s plan to send nonviolent prisoners back to county jails under a new law, AB-109, also known as “Realignment,” reclassifies certain nonviolent, non-serious and some sex offense felonies, allowing the convicted to serve time in a county jail, home detention or probation instead of prison.
Last Thursday morning, Oct. 13, in the rain at jam-packed Zuccotti Park/Liberty Plaza in the financial district of New York, it was cleanup time by the occupiers. For the cops it was a low-profile day, but I counted 26 officers in uniform – 23 blue- and three white-shirted – scattered around the perimeter in twos and threes plus seven undercover men, presumably FBI/CIA, in suits.
It’s become standard procedure for real estate companies and their eviction attorneys to “move quickly to take the homes from these homeowners, harassing and scaring them, using guerrilla tactics like threatening to get the sheriff to remove them in four hours. But if we all stay together,” Delia Aguilar, an organizer with the Bay Area Moratorium (BAM), said, “we can defeat them and keep our homes.”
Libya is a small country of just over 6 million people, but it possesses the largest oil reserves in all of Africa. The oil produced there is especially coveted because of its particularly high quality. The Air Force of the United States along with Britain and France has carried out 7,459 bombing attacks since March 19. Britain, France and the United States sent special operation ground forces and commando units to direct the military operations of the so-called rebel fighters – it is a NATO-led army in the field.
Several days of unprecedented revolt by the most impoverished minority-populated neighborhoods of London have shaken the normally staid and reserved British aristocracy. Prime Minister David Cameron cut short his Italian vacation in sunny Tuscany to return to the red-orange glare of a burning city.
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