Occupy Wall Street

Sunday March 31, 2013: Best of Up with Chris Hayes Tweets

Today on #Uppers it's segments on Occupy Wall St, an interview with Paul Krugman, having to cringe and listen to John McWhorter, and other things.

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Don't Pretend You Care About These Issues When Defending the President

This is an older piece of mine that appeared on Daily Kos on Thursday December 29, 2011.
 

It's an important one because it destroys the argument you hear from some Obama supporters hoping to deflect the inhumane treatment of whistle blower Bradley Manning. They say that since African Americans in our prison system suffer torture and injustice in our prison industrial complex, then that means what is happening to Bradley Manning is not really an issue. Of course what they don't mention is that yes, African Americans have been and are indeed suffering atrocities in our prison industrial complex, yet they don't want to talk about President Obama continuing this trend and even making it worse even hiring a for profit private prison lobbyists in his Justice Department where some of the worst offenses happen making him involved in the state issue and federal issue.
 

You can see the failed deflections in the comments of that diary and how the truth about this really hit a nerve with some people, whether they claim to be a fake Marxist in a past life making their support of the PIC and neoliberalism OK now under Obama or not. The facts show that they don't really care about these issues when hoping to shield Obama from them in the case of Bradley Manning.

Part of the reason the Occupy movement exists and are out in the streets is because of the massive failures of this Democratic administration and a Democratic Congress. This can't be denied. However, because it can't be denied there are certain implications going around in their defense by those who are in denial about this. They imply that what’s going on with Bradley Manning’s confinement and his sham of a trial doesn't truly matter.

They imply Occupy protesters getting beaten, sprayed, and handcuffed until they get nerve damage doesn't matter because of the fact that African Americans and Latinos have been feeling the brunt of police brutality and a corrupt racist justice system for years. It is very true that African Americans and Latinos have felt the brunt of a corrupt racist justice system for years.

However, these injustices still matter regardless, because as MLK said, "A threat to justice anywhere is a threat to justice everywhere" and that still holds true today. The issues the Occupy movement are fighting for affect all races, especially on income inequality and economic justice. That is an acknowledged fact that can't be denied.

The people of Occupy Wall Street are protesting our country's growing inequality--and nowhere is this inequality more acutely felt than the makeup of our prison population.

Recently at a city council meeting in my home of Jersey City, a 46-year-old formerly incarcerated man told the council, as reported in the Jersey City Independent: "I've served 16 years in prison. I came home three years ago and tried everything possible you can do. I got my high school diploma and a driver's license...The job system failed me."
 

When I went to Occupy Wall Street, my friend carried a sign that read: "Troy Davis would still be alive if he had been rich and white." We had attended a protest earlier that month, when Davis was still alive, where signs and demonstrators proclaimed, "We are Troy Davis."
 

We are Troy Davis. We are the 99 percent.

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Anti-Capitalist Meetup: This round we will win! Lessons from the last round. by Don Mikulecky

I was in Israel when the Gulf of Tonkin Resolution was passed passed on August 7, 1964. Unlike the people at home I learned about it on the international press and was quickly convinced that it was a scam. As a result I cut my wonderful Postdoctoral Fellowship at the Weizmann Institute a year short ,got appointed to the Biophysics Faculty at SUNY Buffalo and came home for my second tour of duty in service of my country. The first was payback for my college education as a USMC officer from 1957 to 1960.

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Anti-Capitalist Meetup: Working Class Self-Activity, Part II: The Soul & Spirit of Marxism by LeGauchiste

As I wrote a week-and-a-half ago, the concept of self-activity was introduced to me by my first intellectual mentor, labor historian George P. Rawick, a lifelong left activist who edited The American Slave: A Composite Autobiography, a definitive, 41-volume collection of oral history interviews with former slaves taken during the 1930s under the auspices of the WPA.

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When the Next Crash Comes Remember Which Side You Were On and Learn

Cross posted in Orange and The Stars Hollow Gazette

Yes, another crash is coming. I can't predict precisely when as that would be a fool's errand, but much closer than you think. It will probably be after our President is reelected and will care very little what you or I think once he and his treasury push for criminal TBTF banks to bailed out once again. Doctor Doom: the nickname for economist Nouriel Roubini: one of the relatively few outside the mainstream(part of the Got It Right (pdf) project) who predicted the last crash thinks 2013 is a perfect storm for another one which will be even worse and it makes sense.

Despite on theoretical fiscal policy limits with regard to the US, Roubini is absolutely right on the political deadlock with the coming crisis. We wasted our last crisis and that's something Conservatives have not done whether we're talking about the stagflation crisis of the 70s or 9/11. There won't be as many political options this time to prop up the underlying economy in 2013 because Democrats have failed to change the Senate rules because most of them secretly like the way things work or don't work in Washington. Sadly, if Republicans take over both houses again, they will change the Senate rules as they threatening to do in 2005 and 2006.

Anyway some might still want to scoff at Roubini's prediction, but that will come back to bite them in the ass. Not even Roubini can predict the exact moment it will happen, but if one knows anything about the history of financial crashes, since the 80s when the 1933 banking reforms passed by FDR started slowly being dismantled, they started happening once again in a 5-7 year time-frame(and even closer than that if you count global stock crashes which count now more than ever since our markets turned dark with OTC derivatives and Information Asymmetry all around); some worse than others as the 2008 bust was on par with 1929 but you get the idea.

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