Farmer jailed in Hong Kong for burning flag

A man has been jailed in Hong Kong for burning the national flag, in the first sentence of its kind.

S Korea suspends savings banks citing weak finances

South Korea has suspended seven local savings banks citing the weak state of their finances.

Japan urges mass evacuation ahead of Typhoon Roke

More than a million people in central and western Japan have been urged to leave their homes as a powerful typhoon approaches.

Burma begins swap scheme for cars over 40 years old

Owners of some of Burma's most antiquated cars have been queuing in Rangoon to exchange their old vehicles for permits to import newer models.

Polio strain spreads to China from Pakistan

Polio has spread to China for the first time since 1999 after being imported from Pakistan, the World Health Organization (WHO) has confirmed.

Showing posts with label Street. Show all posts
Showing posts with label Street. Show all posts

Tuesday, October 25, 2011

Anti-Wall Street protesters to join NY Halloween parade

AppId is over the quota
AppId is over the quota
A man carries a cardboard replica of President Barack Obama at the Occupy Wall St. protests in New York's Zucotti Park October 24, 2011. REUTERS/Brendan McDermid

A man carries a cardboard replica of President Barack Obama at the Occupy Wall St. protests in New York's Zucotti Park October 24, 2011.

Credit: Reuters/Brendan McDermid

By Michelle Nichols

NEW YORK | Tue Oct 25, 2011 6:36pm EDT

NEW YORK (Reuters) - Anti-Wall St protesters plan to join New York City's Halloween parade on Monday and although several people have been arrested at recent rallies for wearing masks, demonstrators will have a free pass for the holiday.

New York state has a law that bans masked gatherings and police have enforced the rule at protests by the Occupy Wall Street movement against economic inequality, which set up camp in a park in the city's financial district on September 17.

But the law, dating back to 1845, allows people to wear masks if it is for "a masquerade party or like entertainment."

"Exemptions for such occasions, including masquerade balls, are provided for under the statute," said New York Police spokesman Paul Browne when asked if police would enforce the law banning masked gatherings at the Halloween parade.

Occupy Wall Street has set up Occupy Halloween and said on its website, www.occupyhalloween.org, that protesters had been invited to join the 39th annual Village Halloween Parade.

Organizers of the parade, which attracts tens of thousands of onlookers and is broadcast live on local television, were not immediately available for comment.

Occupy Halloween urged protesters to organize costume-themed blocs, suggesting ideas such as Wall Street zombies, corporate vampires and V-masks -- the Guy Fawkes mask made popular by the graphic novel "V for Vendetta."

"For them to enforce that rule on Halloween would be downright un-American," said Occupy Halloween organizer Gan Golan said of the mask law. The parade is "another opportunity for us to be creative and let people see our message."

He could not say how many protesters they were expecting to join the parade.

Protesters say they are upset the billions of dollars in bank bailouts doled out during the recession allowed banks to resume earning huge profits while average Americans have had no relief from high unemployment and job insecurity.

They also believe the richest 1 percent of Americans do not pay their fair share in taxes.

New York Civil Liberties Union Executive Director Donna Lieberman said: "Behavior that falls within the (New York state mask law's) exemption cannot be criminalized simply because it has a political message."

(Editing by Todd Eastham)



New Automobile



Education Information

New risk for Occupy Wall Street: less media interest

AppId is over the quota
AppId is over the quota
Protesters and members of Occupy Wall Street wait for the start of the march, during an annual demonstration calling for a stop to police brutality in New York October 22, 2011. REUTERS/Eduardo Munoz

1 of 4. Protesters and members of Occupy Wall Street wait for the start of the march, during an annual demonstration calling for a stop to police brutality in New York October 22, 2011.

Credit: Reuters/Eduardo Munoz

By Ben Berkowitz

NEW YORK | Tue Oct 25, 2011 5:04pm EDT

NEW YORK (Reuters) - "Occupy Wall Street" is occupying less space in TV broadcasts, newspapers and social media as the story settles into a familiar pattern and protesters dig in for what could be a protracted fight.

While the movement's reliance on Twitter and Facebook to spread its message is well established, it has also benefited from becoming a media curiosity, at times drawing legions of TV crews and reporters to its encampments. Coverage fed on itself, as more people joined in more cities.

But experts say the protests are now making a natural -- yet challenging -- progression off the front page and cable news, as new events like the death of Muammar Gaddafi take prominence.

Any loss of the limelight, especially when the onset of cold weather has already started to reduce the ranks of protesters prepared to camp out overnight in lower Manhattan, could dampen the momentum of the movement.

"Without the oxygen to fuel their fire they're very much at risk of losing relevance," said Daniel Tisch, chairman of the Global Alliance of Public Relations & Communication Management, a confederation of national PR societies.

To some extent, even the protesters agree they are likely to get less attention as time goes by.

"People know what the general storyline is," said Senia Barragan, a protester from New Jersey acting as a spokeswoman for the occupation when not working on a doctorate at Columbia University. "I think they're moving on to other stories."

The loss of media interest is the latest roadblock to Occupy's momentum.

Experts on social movements have said the protesters need a "second act" of sorts as fatigue sets in and as cold weather starts to descend on New York and other protest sites.

In the days leading up to a series of worldwide protests on October 15, there were practically as many reporters as occupiers at Zuccotti Park in lower Manhattan -- to the consternation of some protesters, who started charging to have their pictures taken.

But with more than five weeks gone since the concrete plaza was first taken, the media's fascination with the story has started to wane.

DOWN SHARPLY LAST WEEK

The Pew Research Center produces a weekly News Coverage Index, which charts what percentage of total news coverage across dozens of outlets is taken up by a variety of topics. In the week ended October 16, coverage of Occupy Wall Street peaked at 10 percent of the total "newshole."

But last week it fell sharply to just 4 percent of news coverage, according to the latest version of the index, about the same as the mass release of exotic animals in Ohio.

Other data also support the finding. The Factiva news database shows 18,341 mentions of "Occupy Wall Street" in the week ended October 23, down 19 percent from the week prior.

While mentions rose daily during the week ended October 16, the numbers declined steadily the following week. From October 17 to 23, the number of daily uses of the phrase fell by more than half.

Even on those social media platforms that have been a backbone of the Occupy protests, there is less attention now.

Trendistic, a website that lets people monitor Twitter trends, shows clearly that the "#OccupyWallSt" hashtag has been declining as a percentage of overall hashtag use worldwide since October 15.

The same holds for other popular tags of the movement like "OWS" and simply "Occupy."

TV data is harder to come by, but anyone who has spent any time at Zuccotti Park over the last month can tell there are fewer TV operations than there were before. On Monday morning, there was just one satellite truck and a small handful of foreign camera crews.

Media watchers said all of these changes were to be expected in the context of what has been an extremely busy news year thus far.

"There's a lot of other things going on. This could just, instead of being front page news, be relegated ... further in the newspaper than the front page," said Brad Adgate, senior vice president of research at Horizon Media.

(Reporting by Ben Berkowitz; editing by Edward Tobin)



New Automobile



Education Information

Saturday, October 15, 2011

Occupy Wall Street Park Cleanup Deferred

AppId is over the quota
AppId is over the quota

NEW YORK — The owners of a New York plaza where protesters have camped out for a month decided Friday to put off cleaning it, sending up cheers from demonstrators who feared the plan was merely a pretext to evict them and said the victory emboldened their movement.

Protesters were already scrambling to scrub the park where they've been sleeping and eating for weeks when, under pressure from local officials, the owners of the park decided to call off their own cleanup.

[See a collection of political cartoons on Occupy Wall Street.]

"It's really a victory for freedom of speech and for democracy," said Liane Nikitovich, 44, a fitness instructor. "This is one moment. It shows that our support is growing worldwide."

In an emailed statement, Brookfield said Friday that it had deferred cleaning the park for a short period while it negotiates with protesters.

"At the request of a number of local political leaders, Brookfield Properties has deferred the cleaning of Zuccotti Park for a short period of time while an attempt is made to reach a resolution regarding the manner in which Zuccotti Park is being used by the protesters," the company said.

The protesters declared their decision a boon to their movement, which blames Wall Street and corporate interests for the economic pain they say all but the wealthiest Americans have endured since the financial meltdown. Since starting a month ago in New York, the movement has spread to cities across the U.S. and the world.

"This development has emboldened the movement and sent a clear message that the power of the people has prevailed against Wall Street," New York organizers said in a statement.

In Denver early Friday, police in riot gear herded hundreds of protesters away from the Colorado state Capitol, arresting about two dozen and dismantling their encampment. In Trenton, N.J., protesters were ordered to remove tents from their encampment near a war memorial.

[See a collection of political cartoons on the economy.]

New York police arrested 14 people, including protesters who obstructed traffic by standing or sitting in the street, and others who tuned over trash baskets, knocked over a police scooter and hurled bottles.

A few blocks south of the park, about two dozen demonstrators screamed "Pigs!" and hurled obscenities at a dozen officers in riot gear, who showed no visible reaction. The officers left the area, trailed by protesters with cameras.

Protesters have had some previous run-ins with police, including mass arrests on the Brooklyn Bridge and an incident in which some protesters were pepper-sprayed.

Several protests are planned this weekend in the U.S., Canada and Europe, as well as in Asia and Africa, and the official capitulation in New York could buoy those events.

Mayor Michael Bloomberg, whose girlfriend is on Brookfield's board of directors, said his staff was under strict orders not to pressure the company one way or the other. He noted that the company can still go ahead with the cleanup at some point.

"My understanding is that Brookfield got lots of calls from many elected officials threatening them and saying ... 'We're going to make your life more difficult,'" he said on his weekly radio show.

The company's rules, which haven't been enforced, have all along prohibited tarps, sleeping bags and storing personal property on the ground. Though the park is privately owned, it is required to be open to the public 24 hours per day.

Brookfield, a publicly traded real estate firm, had planned to power-wash the New York plaza section by section over 12 hours and allow the protesters back — but without much of the equipment they needed to sleep and camp there. The company called the conditions at the park unsanitary and unsafe.

The New York Police Department had said it would make arrests if Brookfield requested it and laws were broken. But the deputy mayor's statement indicated that "for the time being" Brookfield was withdrawing its request for police assistance in cleaning the park.



Home, Architecture and Furniture



Traveling Info

Friday, October 14, 2011

Showdown averted in New York's Wall Street protests

AppId is over the quota
AppId is over the quota
Members of the Occupy Wall Street movement march down Wall Street during a protest march through the financial district of New York October 14, 2011. REUTERS/Lucas Jackson

1 of 10. Members of the Occupy Wall Street movement march down Wall Street during a protest march through the financial district of New York October 14, 2011.

Credit: Reuters/Lucas Jackson

By Michelle Nichols and Paul Thomasch

NEW YORK | Fri Oct 14, 2011 4:16pm EDT

NEW YORK (Reuters) - Anti-Wall Street protesters claimed victory on Friday when plans to clean the park they occupy were postponed, while police forces in financial capitals around the world braced for a weekend of rallies.

A planned cleanup of the Lower Manhattan park that has been home to the Occupy Wall Street movement since September 17 was delayed just hours before it was due to begin by Brookfield Office Properties, which manages the publicly accessible park.

The move averted a possible showdown between police and protesters who viewed the cleanup as a ploy to evict them. Protesters loudly cheered the decision, and several hundred set off marching toward the city's financial district.

Police arrested 14 people, but there were no widespread disruptions.

"This development has emboldened the movement and sent a clear message that the power of the people has prevailed against Wall Street," Occupy Wall Street said in a statement, estimating more than 3,000 people had gathered in the park.

New York Mayor Michael Bloomberg, in his weekly radio address on Friday, said his office was not involved in the decision to postpone the cleanup.

"My understanding is that Brookfield got lots of calls from many elected officials threatening them and saying, 'If you don't stop this, we'll make your life much more difficult,'" said Bloomberg, who added that he did not know which officials had called the company.

Protesters are upset that the billions of dollars in U.S. bank bailouts doled out during the recession allowed banks to resume earning huge profits while average Americans got scant relief from high unemployment and job insecurity.

They also argue that the richest 1 percent of Americans do not pay their fair share in taxes.

Many protesters feared the cleaning would be an attempt to shut down the movement that has sparked solidarity protests in other cities. Concerns also abounded about a repeat of the sort of riots that occurred in 1988 when New York police tried to clear another park, Tompkins Square, injuring 44 people.

RATS AND ROACHES?

Bloomberg said Brookfield wanted a few more days to try to reach an agreement with the protesters, who have undertaken their own efforts to clear debris from the park.

Should the two sides fail to reach an agreement, Brookfield could again try to clean the park, which Bloomberg said could put police in an even more difficult situation.

"It will be a little harder, I think, at that point in time to provide police protection," he said.

Meanwhile, authorities in New York, London, Frankfurt, Athens and elsewhere braced for demonstrations on Saturday.

Rallies were planned in some 71 countries, according to Occupy Together and United for Global Change.

In New York, organizers planned demonstrations in Times Square and Washington Square Park. Protesters will also march to JPMorgan Chase bank branch to withdraw their money.

"It's going to be big, it's going to be global," said David Sierra, 23, a carpenter from Queens.

In Denver, at least 21 people were arrested on Friday and tents were removed from the Occupy Denver protest.

Protesters in New York had spent much of the night tidying the park themselves, clearing away debris in hopes of keeping out Brookfield, a major real estate company that counts Bloomberg's girlfriend Diana Taylor among its board members.

"We clean up after ourselves. It's not like there's rats and roaches running around the park," said Bailey Bryant, 28, an employee at a Manhattan bank who visits the camp after work and on weekends.

(Additional reporting by Ellen Wulfhorst; Editing by Will Dunham and Paul Simao)



New Automobile



Education Information

In pictures: Occupy Wall Street clash with police

AppId is over the quota
AppId is over the quota
14 October 2011 Last updated at 17:29 GMT

Photos from around the world this week

Photos from around the world, 14 October

Worst floods in decades near the capital Bangkok

A replacement for the traditional pylon

Bhutan's King weds a commoner

Photos from around the world, 13 October

Your pictures of robots and rubbish

News photos from 12 October

Brazil marks the 80th anniversary of statue

Photos from around the world, 11 October



Technology



News

Wall Street sit-in goes global Saturday

AppId is over the quota
AppId is over the quota
Members of the Occupy Wall Street movement march down Wall Street during a protest march through the financial district of New York October 14, 2011. REUTERS/Lucas Jackson

1 of 10. Members of the Occupy Wall Street movement march down Wall Street during a protest march through the financial district of New York October 14, 2011.

Credit: Reuters/Lucas Jackson

By Alastair Macdonald

LONDON | Fri Oct 14, 2011 5:57pm EDT

LONDON (Reuters) - For an October revolution, dress warm. That's the word going out - politely - on the Web to rally street protests on Saturday around the globe from New Zealand to Alaska via London, Frankfurt, Washington and, of course, New York, where the past month's Occupy Wall Street movement has inspired a worldwide yell of anger at banks and financiers.

How many will show up, let alone stay to camp out to disrupt city centers for days, or months, to come, is anyone's guess. The hundreds at Manhattan's Zuccotti Park were calling for back-up on Friday, fearing imminent eviction. Rome expects tens of thousands at a national protest of more traditional stamp.

Few other police forces expect more than a few thousand to turn out on the day for what is billed as an exercise in social media-spread, Arab Spring-inspired, grassroots democracy with an emphasis on peaceful, homespun debate, as seen among Madrid's "indignados" in June or at the current Wall Street park sit-in.

Blogs and Facebook pages devoted to "October 15" - #O15 on Twitter - abound with exhortations to keep the peace, bring an open mind, a sleeping bag, food and warm clothing; in Britain, "Occupy London Stock Exchange" is at pains to stress it does not plan to actually, well, occupy the stock exchange.

That may turn off those with a taste for the kind of anarchic violence seen in London in August, at anti-capitalism protests of the past decade and at some rallies against spending cuts in Europe this year. But, as Karlin Younger of consultancy Control Risks said: "When there's a protest by an organization that's very grassroots, you can't be sure who will show up."

Concrete demands are few from those who proclaim "We are the 99 percent," other than a general sense that the other 1 percent - the "greedy and corrupt" rich, and especially banks - should pay more, and that elected governments are not listening.

"It's time for us to unite; it's time for them to listen; people of the world, rise up!" proclaims the Web site United for #GlobalChange. "We are not goods in the hands of politicians and bankers who do not represent us ... We will peacefully demonstrate, talk and organize until we make it happen."

By doing so peacefully, many hope for a wider political impact, by amplifying the chord their ideas strike with millions of voters in wealthy countries who feel ever more squeezed by the global financial crisis while the rich seem to get richer.

"ENOUGH IS ENOUGH"

"We have people from all walks of life joining us every day," said Spyro, one of those behind a Facebook page in London which has grown to have some 12,000 followers in a few weeks, enthused by Occupy Wall Street. Some 5,000 have posted that they will turn out, though even some activists expect fewer will.

Spyro, a 28-year-old graduate who has a well-paid job and did not want his family name published, summed up the main target of the global protests as "the financial system."

Angry at taxpayer bailouts of banks since crisis hit in 2008 and at big bonuses still paid to some who work in them while unemployment blights the lives of many young Britons, he said: "People all over the world, we are saying 'Enough is enough'."

What the remedy would be, Spyro said, was not for him to say but should emerge from public debate - a common theme for those camping out off Wall Street since mid-September, who have stirred up U.S. political debate and, a Reuters poll found, won sympathy from over a third of Americans.

A suggestions log posted at 15october.net ("This space is ready for YOUR idea for the revolution") range from a mass cutting up of credit cards ("hit the banks where it counts") to "use technology to make education free."

For all such utopianism, the possibility that peaceful mass action, helped by new technologies, can bring real change has been reinforced by the success of Arab uprisings this year.

"I've been waiting for this protest for a long time, since 2008," said Daniel Schreiber, 28, an editor in Berlin. "I was always wondering why people aren't outraged and why nothing has happened and finally, three years later, it's happening."

Quite what is happening, though, is hard to say. The biggest turnouts are expected where local conditions are most acute.

Italian police are preparing for tens of thousands to march in Rome against austerity measures planned by the beleaguered government of Prime Minister Silvio Berlusconi.

Yet in crisis-ravaged Athens, where big protests have seen violence at times of late, a sense of fatigue and futility may limit numbers on Saturday. In Madrid, where thousands of young "indignados," or "angry ones," camped out for weeks, many also feel the movement has run out of steam since the summer.

Germans, where sympathy for southern Europe's debt troubles is patchy, the financial center of Frankfurt, and the European Central Bank in particular, is expected to be a focus of marches calling by the Spanish-inspired Real Democracy Now movement.

Complicating German sentiments, however, a series of small bombs found on trains has stirred memories of the left-wing guerrilla attacks that grew in the 1970s from frustration at a lack of change after the student protests of 1968.

CITY OF LONDON

British student protests a year ago were marked by some acts of violence by what authorities say were hard-core anarchists. Days of looting in London in August were put down to motives that mingled political discontent with criminal opportunism.

As an international center of finance, the City of London is key target. But organizers know strong police powers make setting up a Wall Street-style protest camp there far from easy.

"There's quite a bit of fatigue setting in," said one young veteran of last year's protests against higher university fees. "But if it's still going by Monday or Tuesday, I think that will excite students and they will head down. The City is much more the focus of people's anger now, compared to a year ago."

A long Saturday of rallies may start in New Zealand, where the Occupy Auckland Facebook page provides links recommending "suitable clothing ... a sleeping bag, a tent, food" -- but, in a family-friendly spirit, strictly no drugs or alcohol.

Asian authorities and businesses may have less to fear, since most of their economies are still growing strongly.

Tracking across the time zones, through towns large and small ("Occupy Norwich!" reads a website from the picturesque English city), the New York example has also prompted calls for similar occupations in dozens of U.S. cities from Saturday.

In Houston, protesters plan to tap into anger at big oil companies. As the world's day ends, hardy souls will be marching in Fairbanks. "We will be obeying traffic lights," insist the authors of OccupyAlaska.org, and they "will be dressed warm."

History suggests such actions are unlikely, of themselves, to change the world. As one anonymous poster at 15october.net writes, "Fleshing out ideas into living reality has always been the bugbear of radical politics." And while anger at corporate greed is widespread, there are plenty of voters who would agree with the Australian who posted on the OccupySydney site that those marching will be "the lazy, the paranoid, the confused."

But some analysts do see a potential for political change.

Jeff Madrick, a prominent economics writer, speaks warmly of the serious and reasonable debate he found at Zuccotti Park. Revolutions may be rare, but the protests could push lawmakers to act on some of the demands, he said last week: "It may begin to change public opinion enough to give Congress, people in Washington, the courage of their own convictions."



Career Advisor



News

Thursday, October 13, 2011

Most Americans aware of Wall Street protests: Reuters/Ipsos

AppId is over the quota
AppId is over the quota
A member of the Occupy Wall St movement holds a sign as he demonstrates in Zuccotti Park near the financial district of New York October 12, 2011. REUTERS/Lucas Jackson

A member of the Occupy Wall St movement holds a sign as he demonstrates in Zuccotti Park near the financial district of New York October 12, 2011.

Credit: Reuters/Lucas Jackson

WASHINGTON | Wed Oct 12, 2011 8:28pm EDT

WASHINGTON (Reuters) - A strong majority of Americans are aware of the "Occupy Wall Street" protests against U.S. economic inequality and a majority either view them favorably or do not have an opinion about them, a Reuters/Ipsos poll said on Wednesday.

Eighty-two percent of Americans have heard of the protest movement, and 38 percent feel favorably toward it, the poll found. Thirty-five percent are undecided, and about one-fourth -- 24 percent -- are unfavorable.

Ipsos research director Chris Jackson said the large number of people who were positive or undecided reflected the mood of the country.

"People are just sort of angry," he said. "They aren't necessarily sure what they are angry about, and the protest captures that to a certain extent."

Democrats and Republicans were equally familiar with the protests, at 84 percent and 82 percent, respectively, but only 73 percent of independents were aware.

But their views are sharply divided by party. Fifty-one percent of Democrats viewed the protests favorably, versus just 11 percent who saw them unfavorably. Among independents, 37 percent had a positive view, compared with 14 percent who felt negative.

Just 22 percent of Republicans said they had a favorable view, compared with 44 percent who were unfavorable.

According to Occupy Together, which has become an online hub for protest activity, the Occupy Wall Street movement has sparked rallies in more than 1,300 cities throughout the United States and around the world.

The Reuters/Ipsos poll of 1,113 adults, including 934 registered voters, was conducted October 6-10. It surveyed 536 Democrats, 410 Republicans and 167 independents.

The margin of error was 3.0 percentage points for all respondents, 3.2 points for registered voters, 4.2 points for Democrats, 4.8 points for Republicans and 7.6 points for independents.

(Reporting by Patricia Zengerle; Editing by Peter Cooney)



New Automobile



Education Information

Saturday, October 8, 2011

Wall Street protesters getting harder to ignore

AppId is over the quota
AppId is over the quota
6 October 2011 Last updated at 00:20 GMT Ian Pannell, By Ian Pannell, BBC News, Washington DC Occupy Wall Street protesters The protests started three weeks ago in New York City and show no sign of losing momentum Is there something afoot on America's progressive left?

For more than three weeks hundreds, at times thousands, of people have gathered in New York as part of the Occupy Wall Street movement.

But in recent days the protests have spread from coast to coast, north to south and even across borders.

Their movement is often amorphous. There is no hierarchy, no obvious leaders and their goals are varied; a reaction to what they see as corporate greed, to unemployment, poverty, debt, the environment, medical costs, low wages or the lack of them.

But just because it is difficult to pin down and label does not mean that it is a movement unworthy of attention.

Some have compared the protesters to a left-leaning version of the Tea Party movement or perhaps an American response to the 'Arab Spring'.

The truth is that it is still too early to know how lasting and influential it will be.

Political risks

There are certainly many of the usual suspects at these gatherings: trade unionists, environmentalists and anti-war protesters.

Continue reading the main story
The unemployment situation we have, the job situation, is really a national crisis”

End Quote Ben Bernanke Federal Reserve Chairman There is also something very different.

Talk to old hands like Ann Wright, a veteran of the armed and diplomatic services who is also a familiar face at progressive rallies and she marvels at the involvement of students and young people.

"It is a new generation, not old fogies like me," she says, adding that in the past it has been really difficult to get young people involved but that they are now leading events.

"I am 27-years-old with $100,000 (£64,654) in debt." It is one of hundreds of hand-written declarations on the website 'We Are the 99%'.

It is a gritty testimony from the have-nots who are now leading the charge against Wall Street, Congress and in some cases, the White House.

There was a small gathering in Washington DC today and although it was dominated by trade unionists there was also a group of young African-Americans from the north-east of the city.

They tell stories of economic disadvantage, of long-term unemployment and the social ills like drugs and prostitution that follow in their wake.

They insist that times are harder than they can remember and that they are ready to stand up and make their voices heard for the first time.

Occupy Wall Street protesters The protests resonate with young Americans, an unusual development, correspondents say

"The unemployment situation we have, the job situation, is really a national crisis."

Those are not the words of the protesters but Federal Reserve Chairman Ben Bernanke.

It recognises the gravity of the state of the economy, the extent to which people are suffering and the political risks that carries.

Many of those now occupying colleges and streets are disillusioned with the Obama administration, although their greatest criticisms are reserved for Congress and the Republican Party.

In order to prove that they represent something lasting and important they will have to attract large numbers of followers and a real cross-section of American society from all parts of the country, not just the liberal coastal cities.

Then the challenge for this new movement (or movements) will be to translate the sound and fury into meaningful political pressure for the change they demand.

This may be a passing phase but the anger and the passion is getting harder to ignore by the day.



Technology



News

Wall Street protests spread as Fed official sympathizes

AppId is over the quota
AppId is over the quota
An Occupy Wall Street protester marches up Broadway in New York City, October 5, 2011. REUTERS/Mike Segar

1 of 18. An Occupy Wall Street protester marches up Broadway in New York City, October 5, 2011.

Credit: Reuters/Mike Segar

By Michelle Nichols

NEW YORK | Thu Oct 6, 2011 6:12pm EDT

NEW YORK (Reuters) - Protests that began in New York against economic inequality spread across America on Thursday as the growing movement found unlikely support from a top official of one of its targets -- the Federal Reserve.

The Occupy Wall Street movement was sparking rallies in Austin, Texas; Tampa, Florida; Washington; Trenton and Jersey City, New Jersey; Houston, Los Angeles and Philadelphia.

The protesters gained some support from Dallas Fed President Richard Fisher, who told a business group in Fort Worth, Texas, "I am somewhat sympathetic -- that will shock you.

The Fed played a key role in one of the protest targets, the 2008 Wall Street bailout that critics say let banks enjoy huge profits while average Americans suffered high unemployment and job insecurity.

"We have too many people out of work," Fisher said. "We have a very uneven distribution of income. We have too many people out of work for too long. We have a very frustrated people, and I can understand their frustration."

President Barack Obama and Vice President Joe Biden also acknowledged the frustration and anger of the protesters on Thursday.

"People are frustrated and, you know, the protesters are giving voice to a more broad-based frustration about how our financial system works," Obama said at a news conference in Washington.

Biden, speaking at the Washington Ideas Forum, likened the protest movement to the Tea Party, which sprang to life in 2009 after Obama's election and has become a powerful conservative grass-roots force helping elect dozens of Republicans to office.

"The American people do not think the system is fair," Biden said.

'FED UP'

With support from unions boosting the protesters' ranks, organizers predicted the momentum would build across the country.

"This is the beginning," said John Preston in Philadelphia, business manager for Teamsters Local 929. "Teamsters will support the movement city to city."

Up to 1,000 people gathered to protest in Philadelphia, and hundreds turned out in Washington and Houston. Rallies in Chicago, San Antonio and Austin attracted dozens of people.

In Philadelphia, protesters chanted and waved placards reading: "I did not think 'By the People, For the People' meant 1 percent," a reference to their argument the country's top few have too much wealth and political power.

Tim Lucas, 49, vice president of a software company who was protesting in Austin, said: "I'm fed up with the government, I'm fed up with the bailouts. If I fail at my job, I don't get a bonus -- I get fired."

In Los Angeles, a couple hundred protesters squeezed into the lobby of a Bank of America building.

About 5,000 people marched on New York's financial district on Wednesday, the biggest rally so far, swelled by nurses, transit workers and other union members. Dozens of people were arrested and police used pepper spray on some protesters.

On Thursday, a few hundred protesters milled about a park near Wall Street where they have set up camp, but there were no apparent plans for another march.

The head of General Electric Co finance arm, Michael Neal, said he was sympathetic to the cause.

"People are really angry, and I get it. If I were unemployed now, I'd be really angry too," Neal told Reuters during an interview in Columbus, Ohio, after a GE event.

In Washington, protesters carried signs that read: "Human Needs, Not Corporate Greed" and "Stop the War on Workers."

"I believe the American dream is truly in jeopardy," said protester Darrell Bouldin, 25, of Murfreesboro, Tennessee. "There are so many people like me in Tennessee who are fed up with the Wall Street gangsters."

About 200 people gathered in Houston, while in San Antonio, about 50 people gathered at the city's Confederate War Veterans Monument, chanting, "The banks got bailed out, we got sold out."

(Additional reporting by Corrie MacLaggan in Austin, Bruce Olson in St. Louis, Jim Forsyth in San Antonio, Ian Simpson in Washington, Dave Warner in Philadelphia and Chris Baltimore in Houston; Writing by Michelle Nichols and Barbara Goldberg; Editing by Jerry Norton, Ellen Wulfhorst and Peter Cooney)



New Automobile



Education Information

Friday, October 7, 2011

Why Obama Stock Is Down and Romney's Is Up on Wall Street

AppId is over the quota
AppId is over the quota

He's met with the Donald (Trump, that is), and mingled with types like Jamie Dimon, CEO of JPMorgan Chase, in the past week. He's also attended high-priced Manhattan fundraisers in his honor. Former Mass. Gov. Mitt Romney, a onetime exec at private equity investment firm Bain Capital, is no stranger to Wall Street, and that's beginning to look like a real advantage as he continues his campaign for the presidency.

Obama's policies as president have been a disappointment for many in the business world, and his anti-rich rhetoric—in 2009, for example, he called those on Wall Street "fat cat bankers"—hasn't helped him win their favor either. That's been terrific so far for Romney, whose longtime business experience has reportedly put him on the receiving end of Obama's finance industry losses.

As many as 100 Wall Street donors, including many investors, who previously backed Obama in 2008 have switched to Romney's side, Bloomberg reported this week. And according to an insider familiar with Romney's recent fundraising efforts, the numbers from the next Federal Election Committee filing period which ends Friday (September 30), should show even better support from individuals on Wall Street for the campaign. [Read about Romney's gains in the recent GOP debates.]

Romney—and pretty much everyone else in the 2012 Republican nomination field—is winning the financial industry by default, says Mike Green, a partner at La Jolla, Calif.-based Benham and Green Capital Management. It's been popular on Wall Street and among those who work in financial services around the nation to be in the "anybody-but-Obama camp," he says, largely due to the uncertainty that Obama-sponsored legislation, like the healthcare law and the Dodd-Frank financial reform law, has introduced to the business world. Obama's oft-expressed desire to raise taxes on high earners has also debased some old support from the industry.

Notably, Green says that Obama's policies shouldn't have been a surprise to the business world since they were apparent even before his 2008 presidential run. "Everything in his past said he was going to be bad for business," he says. "All that was always there. Why people didn't see it is beyond me."

During the 2008 campaign, Obama convinced voters, and many of his Wall Street donors, that his leadership would be good for the economy, according to Phil Levy, a scholar at the conservative American Enterprise Institute. Since taking the presidency, however, Obama hasn't been able to commit to the pro-business policies that some had expected or that helped past Democratic president Bill Clinton strengthen the economy, he says. "President Obama did a masterful job as a candidate of being all things to all people," Levy says, adding that Obama's financial team during his last campaign, which included Clinton administration alums like former Treasury Secretary Larry Summers, had also given him extra credibility with the business community. "Part of what's happened is that both in polices and rhetoric he's done some things that have really alarmed Wall Street." [Read more about Romney's private sector experience.]

Obama's campaign has the help of super-rich mogul Warren Buffett, who's come out publicly in support of the president's policies and is scheduled to attend an Obama fundraiser Friday. In addition, the campaign says that Obama has made up for his lost supporters on Wall Street with roughly 230,000 new donors from all over the country that he didn't have in 2008. Indeed, as the majority of Obama's backers through the second quarter funded him in smaller amounts ($250 or less), he still retained high-dollar financial support from individuals on Wall Street and the broader business world. "It's no surprise that the Romney campaign is raising money from Wall Street by saying they want to repeal consumer protections and allow Wall Street to write its own rules," Obama spokesman Ben LaBolt said in a statement. "The President has attracted support from Americans across the country, including business leaders, who recognize the President's leadership in putting us on a path to recovery and laying the foundation for a fairer economy—and believe we should pass his plan to create jobs and provide middle class security."



Home, Architecture and Furniture



Traveling Info

Tuesday, October 4, 2011

Why Obama Stock Is Down and Romney's Is Up on Wall Street

AppId is over the quota
AppId is over the quota

He's met with the Donald (Trump, that is), and mingled with types like Jamie Dimon, CEO of JPMorgan Chase, in the past week. He's also attended high-priced Manhattan fundraisers in his honor. Former Mass. Gov. Mitt Romney, a onetime exec at private equity investment firm Bain Capital, is no stranger to Wall Street, and that's beginning to look like a real advantage as he continues his campaign for the presidency.

Obama's policies as president have been a disappointment for many in the business world, and his anti-rich rhetoric—in 2009, for example, he called those on Wall Street "fat cat bankers"—hasn't helped him win their favor either. That's been terrific so far for Romney, whose longtime business experience has reportedly put him on the receiving end of Obama's finance industry losses.

As many as 100 Wall Street donors, including many investors, who previously backed Obama in 2008 have switched to Romney's side, Bloomberg reported this week. And according to an insider familiar with Romney's recent fundraising efforts, the numbers from the next Federal Election Committee filing period which ends Friday (September 30), should show even better support from individuals on Wall Street for the campaign. [Read about Romney's gains in the recent GOP debates.]

Romney—and pretty much everyone else in the 2012 Republican nomination field—is winning the financial industry by default, says Mike Green, a partner at La Jolla, Calif.-based Benham and Green Capital Management. It's been popular on Wall Street and among those who work in financial services around the nation to be in the "anybody-but-Obama camp," he says, largely due to the uncertainty that Obama-sponsored legislation, like the healthcare law and the Dodd-Frank financial reform law, has introduced to the business world. Obama's oft-expressed desire to raise taxes on high earners has also debased some old support from the industry.

Notably, Green says that Obama's policies shouldn't have been a surprise to the business world since they were apparent even before his 2008 presidential run. "Everything in his past said he was going to be bad for business," he says. "All that was always there. Why people didn't see it is beyond me."

During the 2008 campaign, Obama convinced voters, and many of his Wall Street donors, that his leadership would be good for the economy, according to Phil Levy, a scholar at the conservative American Enterprise Institute. Since taking the presidency, however, Obama hasn't been able to commit to the pro-business policies that some had expected or that helped past Democratic president Bill Clinton strengthen the economy, he says. "President Obama did a masterful job as a candidate of being all things to all people," Levy says, adding that Obama's financial team during his last campaign, which included Clinton administration alums like former Treasury Secretary Larry Summers, had also given him extra credibility with the business community. "Part of what's happened is that both in polices and rhetoric he's done some things that have really alarmed Wall Street." [Read more about Romney's private sector experience.]

Obama's campaign has the help of super-rich mogul Warren Buffett, who's come out publicly in support of the president's policies and is scheduled to attend an Obama fundraiser Friday. In addition, the campaign says that Obama has made up for his lost supporters on Wall Street with roughly 230,000 new donors from all over the country that he didn't have in 2008. Indeed, as the majority of Obama's backers through the second quarter funded him in smaller amounts ($250 or less), he still retained high-dollar financial support from individuals on Wall Street and the broader business world. "It's no surprise that the Romney campaign is raising money from Wall Street by saying they want to repeal consumer protections and allow Wall Street to write its own rules," Obama spokesman Ben LaBolt said in a statement. "The President has attracted support from Americans across the country, including business leaders, who recognize the President's leadership in putting us on a path to recovery and laying the foundation for a fairer economy—and believe we should pass his plan to create jobs and provide middle class security."



View the original article here



Peliculas Online

Monday, October 3, 2011

Occupy Wall Street Protest: 12 Days and Little Sign of Slowing Down

AppId is over the quota
AppId is over the quota
Michael Nagle / Getty Images A protestor look in his bag in Zuccotti Park, where demonstrators against the economic system have been gathering since September 17

Michael Nagle / Getty Images

Nearly two weeks ago, an estimated 3,000 people assembled at Battery Park with the intention of occupying Wall Street. They were an eclectic group, mostly young, some with beards and tattoos, other dressed in shorts and sneakers; a few even wore suits for the occasion. But nearly everyone was angry at what they saw as a culture of out-of-control greed. They didn't succeed — at least not geographically, forgoing Wall Street for nearby Zuccotti Park, just around the corner from Ground Zero.

News outlets put the crowd there at several thousand, but that seemed to overestimate its true numbers. When I visited the park on Sept. 17, I counted backpacks and sleeping bags, trying to differentiate the tourists and casual marchers from those who were in it for the long haul. I came up with about 200 people.

(MORE: Police Use Pepper Spray on Wall Street Protesters)

Over the past 12 days, however, those numbers have grown. On a late-night visit to Zuccotti Park on Tuesday, the fecklessness and disorganization reported earlier in the New York Times seemed largely absent. A protest that began in utter dysfunction has given way to a fairly organized movement with a base camp for its most stalwart members, now numbering more than 300 people, who have slept in the park for 12 nights straight–and who say they intend to stay.

Perhaps no incident galvanized the protesters more than their march north to Union Square on Sept. 24. Police arrested nearly 80 people whom they say were blocking traffic, and video of a penned-in female protester being pepper sprayed by a police officer went viral on the web. The protesters have posted the video on their website and a picture of the woman adorns the board at the entrance to the park, at what's now become the groups quasi-official information booth. At small table, posterboards lay out the schedule for the day, which includes marches down to Wall Street for the stock exchange's opening and closing bells, each followed by a "General Assembly" where the various groups gather to discuss their goals, their current status and what might come next.

The park has become a semi-permanent home, complete with a medical station and a distribution point for food and water. The protesters have organized themselves into committees to remove the garbage, roam the camp to enforce a ban on open flames (an evictable offense in the eyes of the NYPD) and engage with the people in the area. A couple of pizza joints, a Burger King and a deli have let the protesters use their bathrooms; some have even donated food. In the middle of the park is a media center where protesters send out Twitter updates and live-stream the latest news on their website. At 1 am Wednesday, more than 3,000 people were sending in questions while a young woman in a yellow poncho answered them on a live feed.

But while "Occupy Wall Street" has become more organized, its demands haven't coalesced into a coherent message. The only thing its various constituent groups appear to have in common is a deep-seated anger at inequality in this country. For them Wall Street symbolizes that unfairness, but the groups have other concerns as well. Many want to redistribute wealth; others want to enlarge government social programs. Some are protesting against the wars in Iraq and Afghanistan. Daniel Levine, a journalism student from upstate New York, said he was taking a stand against the controversial method of natural gas extraction known as hydrofracking in his hometown – but also noted that the practice can bring jobs to economically disadvantaged regions.

Just as it lacks a single message, the "Occupy Wall Street" movement has been defined by the absence of a clear leader. Participants say that is by design, and point to the committees that have sprung up to tend to the daily needs of those camped in Zuccotti Park. It isn't clear that they want a single leader, and many think the movement is better of without one. “It's kind of cool how it's growing organically,” one said. “People just need to give it time and it'll come together.”

Assuming organizers can keep the protest on the good side of the law, all indications are that it will continue for a long time. A sign by the information booth held a wish list: hats, gloves, tarps, and warm clothing. On live streams on the website, organizers answered questions about what supporters could bring or send. If last weekend is any indication, the numbers could swell this Saturday as supporters come in from out of town. For those who eventually leave again, Levine hopes that they take the skills they've learned back to their communities to continue to protest for whatever cause they support. "Every person who's been here more than three days can completely organize a protest in their hometowns," Levine says. "This is the most productive homelessness I've ever seen."

PHOTOS: Occupy Wall Street Begins in Manhattan

Nate Rawlings is a reporter at TIME. Find him on Twitter at @naterawlings. Continue the discussion on TIME's Facebook page and on Twitter at @TIME.

Gustau Nacarino / Reuters

One of the biggest names in soccer has a problem with Nike. A heavy, sweaty problem, in fact. Read More

Phelan M. Ebenhack / Pool / Reuters

"If Florida moves, it would create chaos. The calendar would be so compressed that the states that are trying to more relevant, that I don't think it would do any good for them."

— CHAD CONNELLY, South Carolina GOP chairman, on Florida looking to shift up its GOP presidential primary to Jan. 31 (via CNN)



View the original article here



Peliculas Online