Manufacturing illusions

Bringing back US manufacturing isn’t the real challenge, anyway. It’s creating good jobs for the majority of Americans who lack four-year college degrees.

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Source : aljazeera.com/

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A typical day for a Japanese bank

“There are interesting parallels between Japan and the UK. Both are islands with a limited and stable population. They have their own currency and they are a former power with lots of history. Their banks and corporations now make most of their profits overseas, which they repatriate for tax reasons.

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Source : The Guardian

Wall Street’s Repeat Violations, Despite Repeated Promises

Many big Wall Street firms have settled fraud cases brought by the government with a promise to never violate the same law. But an analysis of Securities and Exchange Commission documents by The New York Times found that since 1996, there have been at least 51 repeat violations by those firms. Bank of America and Citigroup have each had six repeat violations, while Merrill Lynch and UBS have each had five.

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Source : NYTimes

Occupy Wall Street: The Most Important Thing in the World Now

“I am talking about changing the underlying values that govern our society. That is hard to fit into a single media-friendly demand, and it’s also hard to figure out how to do it. But it is no less urgent for being difficult.”
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Source : Common Dreams

#25 Collected Reading – Protest edition

Quote of the week

“The service of a good citizen is never useless : being heard and seen, he helps by his expression, a nod of his head, a stubborn silence, even his gait. ”
– Seneca


1.Why Establishment Media & the Power Elite Loathe Occupy Wall Street 

“The future is an infinite succession of presents, and to live now as we think human beings should live, in defiance of all that is bad around us, is itself a marvelous victory.”

activism,culture,economics,Financial,global

Source :Dissenter.com

2. What’s behind the scorn for the Wall Street protests?

“Some of these critiques are ludicrous.  Does anyone really not know what the basic message is of this protest: that Wall Street is oozing corruption and criminality and its unrestrained political power — in the form of crony capitalism and ownership of political institutions — is destroying financial security for everyone else?”

activism,culture,economics,Financial,global

Source : Salon


3. Unequal Responsibility for Crime

“The case Mokhiber cited is not unique. In 1982 a study of America’s five hundred largest corporations reported that “23 percent of them had been convicted of a major crime or had paid more than $50,000 in penalties for serious misbehavior during the previous decade”

corporations,crime,politics,usa

Source :Truth Out

4. Freedom Riders Documentary PBS

“In 1908, journalist Ray Stannard Baker observed that “no other point of race contact is so much and so bitterly discussed among Negroes as the Jim Crow car.” As bus travel became widespread in the South over the first half of the 20th century, it followed the same pattern”

culture, race, USA, nonviolence

Source : PBS

5. Israelis plan million-strong march as protesters call for social justice

“It is certainly one of the largest street protests we have experienced in Israel,” said Tamar Hermann, of the Israel Democracy Institute. “But what really makes it different is its heterogeneous nature. Normally protest is homogeneous. Diversity is as important as size.”

democracy,israel,policy,politics,protest

Source : The Guardian

Hope you like this collection. Please comment, share and most of all enjoy.

– Kaushik