We are at a crossroads. Access to jobs, homes and resources are dwindling. Our right to peacefully gather to discuss what to do about it is aggressively being fought by nationwide police coordination. It is a decisive moment on this planet. One option is to keep being occupied with our daily grind and individual struggles. Or we can take control of our collective destiny and design a future worth living. Worth waking up in the morning for. Worth defending. Worth birthing new life into. This movement is not centrally controlled which is what makes it yours. You create it. You bring your talents, your time and your resources. This is the platform for our Big Ideas. This is the place to find challenges worthy of your passion. Worthy of your life. What is our one demand? You. With strength in numbers there is no limit to what we can do. We need to continue to occupy Wall st. Occupy your street. Occupy this country. Occupy our world. Occupy our future. Occupy Now.
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- 99 percent
- GOP Republicans
- John Boehner
- Occupy Wall Street
- borrowing costs
- debt ceiling
- government Accountability Office
- influential people
- sander levin
- us treasury department
The long partisan battle last summer over whether to raise the debt ceiling increased the Treasury’s borrowing costs by about $1.3 billion in fiscal year 2011, and the bill is expected to climb, according to the Government Accountability Office.
In a report released on Monday, the investigative arm of Congress found that the battle between Republicans and Democrats over the conditions to increase the debt limit to its current level of $16.4 trillion led to uncertainty in the debt markets and higher borrowing costs. It said that a full accounting would be available later. “Further,” a summary of the report read, “according to Treasury officials, the increased focus on debt limit-related operations as such delays occurred required more time and Treasury resources, and diverted Treasury’s staff away from other important cash and debt management responsibilities.”
Has Congress learned its lesson about the risks of political brinksmanship? Apparently not. For starters, House Speaker John Boehner in May issued the same ultimatum on the debt ceiling that he issued in 2011. He said any debt ceiling increase must be accompanied by an even larger amount of spending cuts.
"The cost of last summer's recklessness by Republicans only continues to grow, yet they seem eager to do it all over again," said Sander Levin, the top Democrat on the House of Representatives' tax-writing committee.
Why can't we just send Mr. Boehner a nice big bill? Or, couldn't we take away his evil, government-run healthcare plan? He should have to pay for wasting money that belongs to the taxpayers.
Anonymous has trounced Reddit to take the top spot in the 2012 Time 100 poll, an annual list of the world’s 100 most influential people. With Time posed to pick the ‘real’ winner, the Internet has had its say in who is really shaping the world.
When the poll closed at 5 p.m. on Friday, Anonymous had racked up more than 395,000 “yes” votes, up from just 40,000 a day earlier, leapfrogging not only over Martin (who ends up with over 264,000 “yeses”) but also over Narendra Modi, the Chief Minister of India’s Gujarat state, who finishes in third place. Modi supporters had shown some muscle during the polling: they cast nearly 257,000 “yes” votes for their favorite. The controversial politician, however, had high negatives: he received almost 267,000 thumbs-down votes.
The full list of nominees here.
"Tradition dictates that TIME's editors choose the Person of the Year, but we want to know: if you were in charge, who would it be?"
Now get over to Time and vote before the wingnuts vote up the 1 percent.