The Way To Occupy A Bank Is To Own One

Ellen Brown

The campaign to "move your money" has gotten a groundswell of support. Having greater impact would be to "move our money" -- move our local government revenues out of Wall Street banks into our own publicly-owned banks.

Occupy Wall Street has been both criticized and applauded for not endorsing any official platform. But there are unofficial platforms, including one titled the 99% Declaration which calls for a "National General Assembly" to convene on July 4, 2012 in Philadelphia. The 99% Declaration seeks everything from reining in the corporate state to ending the Fed to eliminating censorship of the Internet. But none of these demands seems to go to the heart of what prompted Occupiers to camp out on Wall Street in the first place – a corrupt banking system that serves the 1% at the expense of the 99%. To redress that, we need a banking system that serves the 99%.

Occupy San Francisco has now endorsed a plan aimed at doing just that. In a December 1 Wall Street Journal article titled “Occupy Shocker: A Realistic, Actionable Idea,” David Weidner writes:

[P]rotesters in the Bay Area, especially Occupy San Francisco, have something their East Coast neighbors don't: a realistic plan aimed at the heart of banks. The idea could be expanded nationwide to send a message to a compromised Washington and the financial industry.It's called a municipal bank. Simply put, it would transfer the City of San Francisco's bank accounts—about $2 billion now spread between such banks as Bank of America Corp., UnionBanCal Corp. and Wells Fargo & Co.—into a public bank. That bank would use small local banks to lend to the community.

The public bank concept is not new. It has been proposed before in San Francisco and has a successful 90-year track record in North Dakota. Weidner notes that the state-owned Bank of North Dakota earned taxpayers more than $61 million last year and reported a profit of $57 million in 2008, when Bank of America had a $1.2 billion net loss. The San Francisco bank proposal is sponsored by city supervisor John Avalos, who has been thinking about a municipal bank for several years.

Weidner calls the proposal “the boldest institutional stroke yet against banks targeted by the Occupy movement.”


Black Swan

Kenny's Sideshow

Nassim Nicholas Taleb's book, 'The Black Swan: The Impact of the Highly Improbable,' is an interesting take on the 'outliers' of history. The short and sweet is:

A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives.

Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don’t know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the “impossible.”

Taleb makes a lot of good points in his work and he's worth reading but his website title, Fooled by Randomness, does not speak for an ever growing number of folks. When it comes to manufactured 'events' for political and monetary gain, nothing is random. As far as I can tell, Taleb considers 9/11 a 'black swan' but still portrays it as an Arab 'terrorist' attack. Without including elements of rouge governments and 'hidden hands' as being the perpetrators of 'black swan' events, he falls short in telling the whole story.


Israel gangs up on Palestinians

Khalid Amayreh


Land grab: Fortified settlements for Jews on stolen Palestinian land

Despite knowing that settlements have broken the peace process, Israel is forging ahead with plans to build new Jew-only colonies on Palestinian land, writes Khalid Amayreh in occupied Jerusalem

Taking advantage of the ongoing turbulence in the Arab world, the proximity of the US presidential elections, and the international community's manifest powerlessness to check aggressive Israeli unilateralism, the Israeli government has been stepping up hostile measures against the largely unprotected Palestinian community.

The measures, which include the seizure of a large swathe of Palestinian-owned land for settlement expansion, wanton home demolition as well as unrelenting attacks and acts of vandalism against Palestinians and their property, are aimed at rendering unrealistic and impossible the goal of establishing a viable and territorially contiguous Palestinian state on the West Bank.

The latest colonialist Israeli scheme would confiscate thousands of acres of mostly privately owned Arab land south of Bethlehem. This week, the Israeli occupation army approved the establishment of a new permanent settlement south of the Biblical city. The new settlement would include a large farm as well other infrastructure. It would also cut off the southern West Bank -- the Hebron region -- from the Bethlehem and Ramallah regions, putting an end to Palestinian demographic continuity in the vicinity.

Virtually powerless Palestinian Authority (PA) officials described Israel's plans to build a new settlement as "outrageous". One PA official labelled the new expansion scheme as an "act of rape".

PA spokespersons appealed to Egypt and the European Union to condemn and actively oppose Israeli plans, rightly described as "effective decapitation of the last hopes for a dignified peace in the region".


Kristallnacht in Palestine

Stephen Lendman

Nazi Germany's historic analog shows how extreme racist persecution can become. Unless checked, genocide may annihilate a population entirely.

Virtually daily, Israeli security forces attack, kill, or injure Palestinian civilians with impunity. They also destroy their property by bombing, shelling, bulldozing and uprooting it.

At the same time, Israeli authorities wink and nod, occasionally decry, yet do nothing to deter extremist settler crimes against Palestinian civilians.

Most often, they're given license to terrorize, vandalize and commit physical violence with impunity. Rarely ever is anyone held accountable. The same holds for its own security forces, no matter how outrageous their crimes.

So imagine Defense Minister Ehud Barak's hypocrisy. In response to days of settler attacks, he shamelessly called them "Jewish terrorists."[1][2]

B'Tselem responded, saying "this is an illegitimate way to deal with the phenomenon of violence by Israeli citizens in the Occupied Territories. Instead, this phenomenon must be dealt with through the criminal justice system."

Netanyahu disagreed, stopping well short of condemning settler attacks and ordering arrests. Instead, he described them as a "small group that does not represent the public that lives in Judea and Samaria."

For years, radical settlers terrorized Palestinians with impunity. In the past two years alone, six mosques in Palestine and Israel (belonging to peace and other activist groups) were burned or otherwise vandalized.


Health topic page on womens health Womens health our team of physicians Womens health breast cancer lumps heart disease Womens health information covers breast Cancer heart pregnancy womens cosmetic concerns Sexual health and mature women related conditions Facts on womens health female anatomy Womens general health and wellness The female reproductive system female hormones Diseases more common in women The mature woman post menopause Womens health dedicated to the best healthcare
buy viagra online