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Democracy Now! stories, posts and pages that relate to U.S. Economy

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    Two months ago, legendary hip-hop entrepreneur Russell Simmons was one of the first high-profile public supporters to come to the Occupy Wall Street encampment at Zuccotti Park in Lower Manhattan. Thursday morning, he was there again to speak to Democracy Now! host Amy Goodman. "We don’t want Wall Street to control our future, and that’s why we’re on Wall Street. And what we’d like is for the people to control...
    Nov 18, 2011 | Story
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    Among the many Occupy protests throughout New York City yesterday was a rally that attracted more than a thousand students to Union Square, a public park with a long history of political demonstrations. During a march out of the park, hundreds of people thronged into the street and attempted to occupy a New School building. We speak with a New York University student participating in the march and a New School professor who has incorporated...
    Nov 18, 2011 | Story
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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
  • Even though Heather Carpenter was outside of Citibank, a plainclothes officer had identified her as an Occupy Wall Street protester. She said she was a customer and showed her receipt. To her shock, as documented by video, Heather was grabbed from behind by a plainclothes officer who began forcing her into the bank. She screamed, but within seconds disappeared into the vestibule, surrounded by a dozen cops, where she was roughly handcuffed and...
    Nov 23, 2011 | Columns & Articles
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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