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Wall Street

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Wall Street

Wall Street Runs America - by Stephen Lendman

Major Wall Street banks occupy and control Washington. They recycle their officials in and out, make policy, and enforce it with money power supremacy for virtually everything they want.

Political Washington salutes and obeys. Money power in private hands and democracy can't co-exist. It buys what it wants at the expense of government of, by and for the people. It never was and isn't now.

On December 23, 1913, Congress passed the Federal Reserve Act, violating the Constitution's Article 1, Section 8, giving Congress sole power to coin (create) money and regulate the value thereof.

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Wall Street

Rage Against Wall Street Crooks - by Stephen Lendman

Angry New Yorkers organized an initiative called "Occupy Wall Street." Beginning September 17, they called for "tak(ing) the bull by the horns," referring to the familiar New York financial district symbol.

Its web site statement said:

"The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%."

Saying "I am sick and tired of being sick and tired," civil rights activist Fannie Lou Hamer's epitaph said it her way.

Today, we're all sick and tired of corrupted officials letting Wall Street crooks steal public wealth at the expense of millions ripped off to enrich them lavishly.

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Typically, younger generations learn from wise elders, then gradually take power. Today, however, because their elders have stripmined America, Gen X and Gen Y leaders need to rebuild their futures and their childrens' futures. Young leaders can completely and joyfully defy nearly everything normal, to make America's cities more beautiful, secure, creative and fair than any the world has seen.

 

THE JOY OF
REVOLUTION:

Time for Millennials

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Here is WSQT Radio (90.5 in DC, 2 hour broadcasts) coverage of the ongoing Occupy Wall Street protests in New York City. For the weekend, the central part of Wall Street has been blocked off while thousands or protesters have been swarming everywhere else nearby. If protesters can force the cops to keep the barricades Monday, the resulting traffic could itself severely hobble Wall Street's operations!

[Reposted from http://nyc.indymedia.org/]

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The financial crisis that has been heating up since early 2007 reached the boiling point in late September. Credit markets virtually stopped functioning. A full-blown panic swept stock markets worldwide. The U.S. economy is in the throes of a recession that could turn into a Depression lasting for years. In these dire straits, the Wall Street speculators who set off this crisis are demanding that the government rescue them with a bailout priced at $700 billion. The actual costs will be far higher, a trillion dollars or more. Meanwhile, the Democrats are pushing hardest for the Bush bailout of the banks. Presidential candidate Barack Obama blames "greed" for the crisis on Wall Street (capitalism without greed?) and says there must be no "blank check to Washington" -- meaning he's for putting in a few conditions as window dressing. Following in the Democrats' footsteps, the AFL-CIO labor bureaucrats called a demo for "No Blank Check for Wall Street." Yet no amount of regulation will stop the boom-bust cycle of capitalism. Meanwhile unemployment lines are growing and a million families were thrown out of their homes by bank foreclosures in the last year. While the fat cats, Democrats and bureaucrats are all going for the Bush bailout to prop up U.S. capitalism, revolutionary Marxists oppose this trillion-dollar giveaway to the Wall Street speculators, calling instead for a program of transitional demands leading to the expropriation of the banks and the entire bourgeoisie through workers revolution.

Expropriate the Bourgeoisie Through Workers Revolution!

No to the Bailout of the Capitalist Speculators!

Down with the Dictatorship of Finance Capital!

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