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Economy

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

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  • Corp_people_sign_web

    "Corporations Are Not People": Activists Push Amendment to Revoke "Corporate Personhood"

    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,...
    Nov 09, 2011 | Story
  • Amy-rose_web

    VIDEO: Watch Journalists Amy Goodman & Chris Hedges on Charlie Rose Show about Occupy Wall Street

    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
  • Corzine_web

    Jon Corzine's MF Global Firm Collapses in Biggest Wall Street Failure Since Lehman Brothers

    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 Sachs....
    Nov 03, 2011 | Story
  • Oakland_ows2_web

    Video Report from Streets of Oakland: First General Strike in City Since 1946 Shuts Down Major Port

    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 peaceful,...
    Nov 03, 2011 | Story
  • Move-your-money_web

    Move Your Money: Campaign Grows to Divest from "Too Big to Fail" Banks to Local Banks, Credit Unions

    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

  • "Globalizing Dissent, From Tahrir Square to Liberty Plaza" By Amy Goodman

    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
  • Palast_web

    Goldman Sachs v. Occupy Wall Street: A Greg Palast Investigation

    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. Was...
    Oct 25, 2011 | Story
  • Occupy_louisville_web

    Occupy Louisville: Voices from Social Justice Encampment in the Hometown of Muhammad Ali

    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]
    Oct 24, 2011 | Story

  • "The Arc of the Moral Universe, From Memphis to Wall Street" By Amy Goodman

    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,...
    Oct 19, 2011 | Columns & Articles
  • Occupykc_web

    Former Financial Regulator William Black: Occupy Wall Street a Counter to White-Collar Fraud

    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 consistent...
    Oct 19, 2011 | Story