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Financial Meltdown Topics

Democracy Now! stories, posts and pages that relate to Financial Meltdown

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    For the past two months, a website called Global Revolution TV has become the main video hub for the Occupy Wall Street movement. Featuring live video feeds from New York and dozens of other cities hosting Occupy protests, the site has transformed how protests are covered and observed. When OWS protesters hold a general assembly in Zuccotti Park, the gathering is usually live-streamed across the world. When police raided the park early on...
    Nov 18, 2011 | Story
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    The arrest of a high-profile undocumented protester has brought immigration issues to the forefront of the movement. In California on Monday, Francisco "Pancho" Ramos Stierle was seized while meditating at Oscar Grant Plaza during an early morning raid on the Occupy Oakland encampment. Rather than being released on bail, Pancho was turned over to U.S. Immigration and Customs Enforcement custody under the Secure Communities program,...
    Nov 18, 2011 | Story
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    One of the factors that fueled Thursday’s huge march on the Brooklyn Bridge in New York City was the dramatic surprise police raid on Zuccotti Park earlier in the week. Among those arrested in the raid was New York City Council Member Ydanis Rodriguez. He was charged with disorderly conduct and resisting arrest and then held in a police van alone for two hours. Rodriguez’s arrest came just a week after he helped organized an...
    Nov 18, 2011 | Story
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    A video that spread rapidly online shows University of California, Davis, campus police officers pepper-spraying student protesters at close range on Friday at point-blank range as they sat together to protest the dismantling of the "Occupy UC Davis" encampment. The two officers involved in the incident were placed on administrative leave, and the incident has sparked calls for the resignation of UC Davis Chancellor Linda Katehi, who...
    Nov 21, 2011 | Story
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    American "vulture" investors, including a top funder of the Republican Party, have demanded that African nations pay over half a billion dollars for old debts, for which the investors paid only a few million. One New York vulture speculator, Peter Grossman of FG Capital Management, is demanding $100 million from the Democratic Republic of Congo. Is he collecting a legitimate debt from the Congo, or is the vulture’s claim based...
    Nov 22, 2011 | Story
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    The bipartisan so-called "supercommittee" has failed to reach an agreement on reducing the federal deficit after three months of negotiations over taxes and spending. The full Congress will now have a little over a year to come up with an alternative. A trigger of $1.2 trillion in automatic spending cuts over 10 years to military and domestic programs takes effect in 2013. "What people need to remember is that we are a rich...
    Nov 22, 2011 | Story
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    How does the Occupy Wall Street movement move from "the outrage phase" to the "hope phase," and imagine a new economic model? In a Democracy Now! special broadcast, we bring you excerpts from a recent event that examined this question and much more. "Occupy Everywhere: On the New Politics and Possibilities of the Movement Against Corporate Power," a panel discussion hosted by The Nation magazine and The New School...
    Nov 25, 2011 | Story
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    In Britain, up to two million workers have marched in the streets during the largest mass protest in generations. Teachers, hospital staff, garbage collectors, firefighters and border guards are participating in a 24-hour strike organized by a coalition of 30 trade unions. About a thousand demonstrations and rallies are being held across the country. Public sector workers say proposed pension "reforms" will force them pay more and...
    Nov 30, 2011 | Story
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    Some 1,000 police officers raided the Occupy Los Angeles encampment in a park outside City Hall overnight, arresting scores of people and evicting what has been the largest Occupy camp in the country. Meanwhile, Occupy Philadelphia protesters vacated their encampment this morning after more than a thousand police moved in and warned them of mass arrests. We get eyewitness updates on both raids from National Lawyers Guild legal observer Ken...
    Nov 30, 2011 | Story
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    European leaders are preparing to unveil their plans for addressing the sovereign debt crisis that’s threatened to tear apart the eurozone. Both France and Germany are expected to push for changes to the eurozone treaty, including centralized oversight of national budgets and tighter reins on debt. In a speech on Thursday, French President Nicolas Sarkozy said radical changes are needed in order to save the euro. Sarkozy’s address...
    Dec 02, 2011 | Story