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U.S. Economy Topics

Economy

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

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    A controversy in the banking community has arisen around the Occupy Wall Street movement. Greg Palast investigates the story behind Goldman Sachs’ recent decision to pull out of a fundraiser for the Lower East Side People’s Federal Credit Union in New York City after it learned the event was honoring the protesters at Occupy Wall Street. The investment bank withdrew its name from the fundraiser and also canceled a $5,000 pledge....
    October 25, 2011 | Story
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    Over the weekend, Democracy Now! host Amy Goodman visited demonstrators at Occupy Louisville, a protest inspired by Occupy Wall Street. They’ve set up an encampment right across the street from a local jail. We hear from veterans, students, social justice activists, and other community members who spent the night at the protest. [includes rush transcript]
    October 24, 2011 | Story
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    The national memorial to Martin Luther King Jr. was dedicated last Sunday. President Barack Obama said of Dr. King, “If he were alive today, I believe he would remind us that the unemployed worker can rightly challenge the excesses of Wall Street without demonizing all who work there.” The dedication occurred amidst the increasingly popular and increasingly global Occupy Wall Street movement. What Obama left unsaid is that King, were he alive,...
    October 19, 2011 | Columns & Articles
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    Broadcasting on the road from Kansas City, Missouri, we’re joined by William Black, a white-collar criminologist, former financial regulator, and author of "The Best Way to Rob a Bank is to Own One." Black teaches economics and law at the University of Missouri-Kansas City and recently took part in Occupy Kansas City. "If you look [at the Occupy protests], not just nationwide, but worldwide, you will see some pretty...
    October 19, 2011 | Story
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    A new report by the University of New Hampshire reveals that nearly 22 percent of America’s children live in poverty. Another study by the the Pew Hispanic Center found that Hispanics now make up the largest group of children living in poverty: 6.1 million Hispanic children are poor, compared with five million non-Hispanic white children and 4.4 million black children. The Pew Center said Hispanic poverty numbers have dramatically...
    October 19, 2011 | Story
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    From Buenos Aires to Toronto, Kuala Lumpur to London, hundreds of thousands of people rallied on Saturday in a global day of action against corporate greed and budget cutbacks, demanding better living conditions and a more equitable distribution of wealth and resources. Protests reportedly took place in 1,500 cities, including 100 cities in the United States—all in solidarity with the Occupy Wall Street movement that launched one month ago in...
    October 17, 2011 | Story
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    In the United States, police arrested hundreds of people over the weekend at demonstrations and occupations inspired by Occupy Wall Street. Arrest totals include: 175 in Chicago; 100 in Arizona; 92 in New York City; 19 in Raleigh, North Carolina; 19 in Denver; and 19 in Washington, D.C., including Princeton University Professor Cornel West, on the steps of the Supreme Court. West was arrested shortly after attending the dedication ceremony for...
    October 17, 2011 | Story
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    Occupy Wall Street protesters are celebrating in Manhattan’s Financial District today after successfully defying orders to evacuate the encampment they have held for nearly four weeks. New York City Mayor Michael Bloomberg had said Zuccotti Park — renamed Liberty Plaza by protesters — would have to be cleared by 7:00 a.m. following a request by its owners that it be cleaned. Thousands of people began congregating in the...
    October 14, 2011 | Story
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    Speaking from Zuccotti Park in Lower Manhattan, attorney Michael Ratner of the Center for Constitutional Rights says New York City’s efforts to displace Occupy Wall Street protesters in order to clean the park violates their First Amendment rights and would have led to a major confrontation. "Apart from the illegality of it, it was just too massive," Ratner says. "It would have been a bloodbath. The idea that they were...
    October 14, 2011 | Story
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    Hundreds of Occupy Wall Street protesters participated in a "Millionaires’ March" Tuesday that wended its way through New York City’s wealthy Upper East Side neighborhood, calling for an end to the concentration of wealth in the hands of a few. [includes rush transcript]
    October 12, 2011 | Web Exclusive