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Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

Saturday, October 15, 2011

Occupy Montreal...What Will Protesters "Occupy" Next?


Occupy Montreal: Like New York, but with bilingual flavour

City's small business area a logistical problem




Protesters march over the Brooklyn Bridge during an Occupy Wall Street protest. In Montreal, organizers say 3,000 have signed up for a similar rally.

Photograph by: JESSICA RINALDI REUTERS, The Gazette













MONTREAL - Close to 3,000 people have joined up to Occupy Montreal and they're hoping many more will show up Saturday to take over Victoria Square - the city's equivalent to Wall St., overlooking the Stock Exchange, Quebecor, Power Corp. and the World Trade Centre, among other overt local symbols of capitalism.
It remains to be seen however, how the movement inspired by the Arab Spring and the American Autumn will play out in Montreal, where our social safety net may be wider than in New York City, but our police are no less nervous.


For now, organizers are concentrating on logistics - how to turn the city's small financial district into an urban utopia emulating Zuccotti Sq. in Manhattan, where the Occupy Wall Street movement was born Sept. 17.


Over the last month the movement, broadly defined as one aiming to restore democracy, power and opportunity to the disenfranchised 99 per cent of the population, has spread all over the U.S. and now across the border.


There is Occupy Chicago, Occupy Philly, there's even Occupy Occupy Wall Street - or "Bankers Unite" - to facetiously represent the one per cent of the population who do have money while they chant "Status quo! Status quo!" in the park.




In Quebec there is Occupy Saguenay and even Occupy Pierrefonds - with larger protests planned for Vancouver, Edmonton, Toronto and Montreal.


Occupy Montreal was holding a general assembly Thursday night on how to proceed here.
They need food, tents, Walkie Talkies, and port-o-potties. They don't need leaders or manifestos or political affiliations.




Organizers say the occupation will be bilingual, and non-violent.


Read more: http://www.montrealgazette.com/business/Occupy+Montreal+Like+York+with+bilingual+flavour/5548496/story.html#ixzz1arQO5UH4







Occupy Montreal to take over Victoria Square Saturday

Thousands of protesters are expected to flood Victoria Square Saturday as the Occupy movement moves to Montreal.
Thousands of protesters are expected to flood Victoria Square Saturday as the Occupy movement moves to Montreal.

Nikolaos Gryspolakis, Laura Boyd, and Maxwell Ramstead are taking part in Occupy Montreal (Oct. 14, 2011)
Nikolaos Gryspolakis, Laura Boyd, and Maxwell Ramstead are taking part in Occupy Montreal (Oct. 14, 2011)
Updated: Fri Oct. 14 2011 2:28:22 PM


ctvmontreal.ca
MONTREAL — Thousands of protesters are expected to flood Victoria Square Saturday as the Occupy movement moves to Montreal.
Starting New York a month ago with Occupy Wall Street, thousands of people have demonstrated for a mass of causes linked by economic disparity. 
"What we basically want to allow is for the financial sector to act like a financial sector, as opposed to acting like a giant casino that only benefits very few," said Maxwell Ramstead, who plans to attend Saturday's event.
Calling themselves the 99%, protesters say something must change given high unemployment levels, the lack of a social safety net, and multi-millionaires paying a lower percentage of income taxes than people earning just thousands of dollars a year.
"On Saturday we're going to have more than 1,000 cities participating," said Nikolaos Gryspolakis, one of the people spearheading the Montreal movement. However he cautions that this is a movement without a leader.
"There is no you, it's us. It's a collective," he said.
Police said they usually speak to the leaders of a movement to get an idea of what the group intends, but that is impossible in this case.
Police say they are ready for anything at Saturday's protest, which is scheduled to begin at 9:30 Saturday morning with about 4,500 people listed as "attending" on the Facebook event.
Police say if a group becomes violent, it will not be tolerated.

Wednesday, June 24, 2009

Fed Evaluating Radical Economic Programs

By JEANNINE AVERSA, AP Economics Writer Jeannine Aversa, Ap Economics Writer –

WASHINGTON – With signs the economy is improving but still fragile, Federal Reserve policymakers are considering whether some programs intended to drive down rates on mortgages and other consumer debt should be slowed down.

Most economists predict that Fed Chairman Ben Bernanke and his colleagues, who resumed meeting Wednesday morning, won't launch any bold new efforts at the end of their two-day gathering.

Fears have grown on Wall Street that the Fed's radical efforts to lift the country out of the longest recession since World War II could ignite inflation later on.

"Injecting additional money into the banking system is a pretty dangerous game right now, and the Fed cannot afford to press on the accelerator amid a potentially inflationary environment," said Richard Yamarone, economist at Argus Research.

Wanting to snuff out any rise in inflation expectations, the Fed could opt to tweak its already-announced programs to slow down purchases of either government debt or mortgage-backed securities. Doing so also could help avert possible market disruptions and make it easier for the Fed to reel in these programs once the economy rebounds.

Read More From Source Here

Friday, December 19, 2008

People With No Conscience.

hat causes a person to have no conscience? That is not to say that they lose consciousness, but they lose the sense of reality, of whether something is good or bad. How does someone get to that point?

"Conscience ability or faculty that distinguishes whether one's actions are right or wrong. In plain English, it is a person's inner sense of what is right or what is wrong morally. It leads to feelings of remorse when one does things that go against his/her moral values, and to feelings of rectitude or integrity when one's actions conform to our moral values. It is also the attitude which informs one's moral judgment before performing any action. The extent to which such moral judgments are based in reason has been a matter of controversy almost throughout the history of Western philosophy." -- Wikipedia


One instance is that of Casey Anthony. Have you see pictures of her darling daughter Caylee?

A little about Caylee Anthony's life...


Currently regarding the DNA testing confirmation...

Note: The DNA came back today and is confirmed to be that of Caylee Anthony.

Now, I know that Casey Anthony is innocent until proven guilty, however, who could do something like that? Not only was that done, but then she goes and plays head-games with the officials and her own parents about it. Obviously, there is something very wrong with Casey Anthony. I believe that there is also something wrong with her parents for not questioning the whereabouts of their grandchild until a month or so later. What is wrong with people? It seems that there is no respect for life anymore!

PCSecurityShield

"The term "psychopathy" is often confused with psychotic disorders. It is estimated that approximately one percent of the general population are psychopaths.

The psychopath is defined by a psychological gratification in criminal, sexual, or aggressive impulses and the inability to learn from past mistakes. Individuals with this disorder gain satisfaction through their antisocial behavior and also lack a conscience." -- Wikipedia


Then, there is Governor Rod Blagojevich. Now, no one should doubt that Chicago has had a corrupt government for decades. However, for him to state today that he is not guilty of any wrong doing...that is insane! He is known for fighting and that is probably what has gotten him this far in his career.

His most recent press conference...


Now, here is another take on the story...


What is truly insane is that the Feds have him on tape and have been investigating him for years and yet he still denies any wrong doing. At this point, with all that has been made public, what is the guy thinking? He has always had the demeanor of "high-and-mighty", or "elite"...but, come on Blago…it's time to give it up!

"Narcissistic Personality Disorder...a pervasive pattern of grandiosity, need for admiration, and a lack of empathy....
The narcissist is described as turning inward for gratification rather than depending on others and as being excessively preoccupied with issues of personal adequacy, power and prestige. Narcissistic personality disorder is closely linked to self-centeredness." -- Wikipedia


Another person who must have a screw loose is Bernard Madoff. By now, you have probably heard that Madoff was a guy who performed a $50 billion ponzi scheme over years and years. Not only that, but rumor has it that the SEC knew he was involved in this type of activity and didn't do anything about it.



"Within hours, investors who had trusted the 70-year-old Madoff for years - including the owner of the New York Mets - were reeling at charges that one of the most trusted names on Wall Street was a full-time fraud.

Manhattan federal prosecutors disclosed a long-running scheme that may have resulted in $50 billion in losses - perhaps the biggest scam in Wall Street history.

The one-time Nasdaq chairman, investigators charged, operated a classic Ponzi scheme, paying off early investors with funds from subsequent clients to keep the illusion of profit alive." -- NY Daily News


The only way the dominoes started falling was that, "Last week, the truth began to emerge as investors, spooked by the battered economy, decided to pull out their money." and he didn't have it. Long-story-short, "When the agents showed up at his apartment, Madoff admitted he'd "paid investors with money that wasn't there," was "broke" and knew "it could not go on." What was he thinking? I guess there are some silver linings to this bad economy after all.

There are so many examples of people who have no conscience and who still get by in this world. The list is huge. In fact, there are probably many, many who we don't even ever hear about. That is a scary thought!