Morning Occupy News Round-up

Time to Rebel! Five Ways We Can Break the Big Banks' Death Grip on the Economy Wall Street’s incredible greed and arrogance may have finally handed us the tools and leverage we need. Read it at Truthout. Court orders Occupy Hong

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Time to Rebel! Five Ways We Can Break the Big Banks' Death Grip on the Economy

Wall Street’s incredible greed and arrogance may have finally handed us the tools and leverage we need.
Read it at Truthout.

Court orders Occupy Hong Kong to leave HSBC

Occupy Central in Hong Kong, one of the last outposts of the global protests sparked by the Occupy Wall Street movement, has been ordered to clear its encampment outside one of the world's largest banks.

Credit Card Debt Collection Flawed

Up to 90 percent of cases filed by credit-card companies to collect bad debts may be flawed, according to one New York judge who says he has heard as many as 100 in one day. The problem, say many of the judges who oversee the slew of suits filed by American Express, Citigroup, and other credit-card companies, is that they all follow the same he-said-she-said pattern—companies eager to collect debts try to make their cases with partial records and improper documents, leaving substantial holes in their arguments. The companies disagree, with one American Express spokesman telling The New York Times that the company has “a strong process in place to ensure accuracy of testimony and affidavits provided to courts.”

Occupier Charged With Terroristic Felony

David C. Gorczynski, 22, was charged on Tuesday with attempted bank robbery and terroristic threatening, both felonies, as well as one misdemeanor charge of disorderly conduct. Police detained him after he walked into an Easton, PA Wells Fargo branch with a sign that read “You’re being robbed” and another that said “Give a man a gun, he can rob a bank. Give a man a bank, and he can rob a country.”

Police Take Down Occupy Memphis

Officers with the Memphis Police Department on Friday morning began dismantling the Occupy Memphis camp on Civic Center Plaza in Downtown Memphis, WMC-TV reports.

The effort began around 4 a.m. Friday. City of Memphis CAO George Little told the news station the site has evolved into a homeless encampment.

In this parody, Mastercard's famous "Priceless" ads are turned toward the police brutality foisted upon the Occupy Movement, to hilarious results.

In Today's America You Die Poor

A new study shows that almost half of Americans die owning next to nothing, one-fifth die with absolutely nothing, and poor Americans are dying younger because they can't pay for medical treatment.

Nuns On The Run: For Justice

The group behind the Nuns On A Bus tour that highlighted the ill-effects of the House Republican budget in congressional districts across the country is now setting its sights on the party’s presidential candidate, inviting Mitt Romney to spend a day with the nuns to learn about the plight of America’s poorest citizens.

Survey Says: Fewer Affordable Homes

It just got a little harder for most Americans to buy a home, according to an industry survey.

Nearly 74% of the new and existing homes in the three months ended June 30 were affordable to families who earn the national median income of $65,000, according to the National Association of Home Builders (NAHB) and Wells Fargo. That's down from 77.5% a quarter earlier, but still a very high level of affordability, historically speaking.

College Station Shooting: An Eviction goes terribly wrong.

Illinois Governor Delivers $10,000 Check To Help Feed Striking Workers

Striking Caterpillar employees received a show of support Friday, when Gov. Pat Quinn visited the Joliet picket line to meet workers and donate $10,000 to a food fund set up for their benefit.

European Economies Continue To Stumble Under Austerity

Julian Assange asylum decision likely this week, Ecuador president says

Rafael Correa says he hopes to announce decision soon on whether he will grant political asylum to WikiLeaks founder.

ANOTHER oil company without a valid spill response plan?

About Diane Sweet

Diane Sweet's picture
Senior Editor, Lives in a gerrymandered district in Michigan.

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