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.
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