U.S. Economy Topics

Economy

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

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  • Splash_image20111025-22980-1ywwdo1-0
    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....
    Oct 25, 2011 | Story
  • The winds of change are blowing across the globe. What triggers such change, and when it will strike, is something that no one can predict.
    Oct 26, 2011 | Columns & Articles
  • Splash_image20111101-11498-1me49g7-0
    As participants in the Occupy Wall Street movement continue protesting the record profits made by banks bailed out by taxpayer money, a group of grassroots activists are hitting America’s largest banks—including JPMorgan Chase, Bank of America and Wells Fargo—where it hurts most: the wallet. Dubbing this Saturday, Nov. 5 as "Bank Transfer Day," activists are urging people to move their money out of the banks deemed "too...
    Nov 01, 2011 | Story
  • Splash_image20111103-11498-1pg11rs-0
    In a major banking scandal, the commodities and derivatives brokerage house MF Global filed one of the largest bankruptcies in American corporate history, with almost $40 billion in liabilities. It was the largest failure on Wall Street since the collapse of Lehman Brothers in 2008. The chairman and chief executive officer of MF Global is Jon Corzine, a former New Jersey governor and U.S. senator. Corzine is also the former CEO of Goldman...
    Nov 03, 2011 | Story
  • Splash_image20111103-9047-4rrozy-0
    We turn now to Oakland, California, where thousands of protesters shut down the nation’s fifth-largest port on Wednesday as part of a general strike called by the Occupy Oakland movement. It was the first general strike called in the city since 1946. Much of the city was unaffected by the strike; however, many business shut down, and nearly 20 percent of the city’s teachers did not report to work. While the strike was largely...
    Nov 03, 2011 | Story
  • Amy-rose_web
    On Monday, Charlie Rose interviewed Democracy Now! host Amy Goodman and Chris Hedges about Occupy Wall Street.
    Nov 03, 2011 | D.N. in the News
  • Splash_image20111109-11906-1ntkkoa-0
    After an Election Day that saw a number of wins for progressive causes nationwide, activists opposed to "corporate personhood" — the notion that corporations have equal rights to individuals — are pushing ahead with a campaign to add a 28th amendment to the U.S. Constitution that would reject the idea that corporations are people and reverse the 2010 landmark case Citizens United v. Federal Election Commission. In a 5-to-4 vote, the...
    Nov 09, 2011 | Story
  • Foreclosure_web
    A loose-knit coalition of activists known as "Occupy Homes" is working to stave off pending evictions by occupying homes at risk of foreclosure when tenants enlist its support. The movement has recently enjoyed a number of successes. We speak with Monique White, a Minneapolis resident who is facing foreclosure and recently requested the help of Occupy Minneapolis. Now two dozen of its members are occupying her home in order to stave...
    Nov 11, 2011 | Story
  • Splash_image20111114-2388-1yxqtle-0
    As President Obama met with world leaders this weekend at the Asia-Pacific Economic Cooperation meeting in Hawaii to discuss how to bolster global trade, activists with the group Occupy Honolulu protested economic inequity that they say would result from new trade agreements. Meanwhile, within the heavily guarded compound where the summit took place, renowned Hawaiian musician and guitarist Makana carried out his own act of protest. Makana had...
    Nov 14, 2011 | Story
  • Splash_image20111114-15998-9jqsxt-0
    At the end of our broadcast we went live to the Occupy Oakland encampment, where hundreds of Oakland police officers have surrounded the encampment in order to evict hundreds of protesters. Democracy Now! correspondent John Hamilton says, unlike the first police raid which used tear gas and rubber bullet projectiles, this time police have massed in large numbers: as many as 1,000 officers are on the scene. [includes rush transcript]
    Nov 14, 2011 | Story