Good-bye Wall Street: Cities like Jacksonville, Fla., and Salt Lake City are where the new finance jobs are these days. To save money, some of New York’s and London’s biggest investment houses are outsourcing jobs, not overseas but to smaller cities in the U.S. where lower salaries go further than they would in the expensive financial hubs. Even Goldman Sacs boasted about the cost savings of relocating within the US during a presentation to investors in May. It’s called “near-shoring” and it’s a trend, but not everyone is loving it. While it may make sense for businesses as a whole to shift their operations to less costly cities, uprooting to such places after building a life in New York is a tough sell for some longtime employees.
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- 99 percent
- Afghan Youth
- Anote Tong
- Center for Responsive Politics
- Fiji Islands
- Freedom Plaza
- Global Warming
- Goldman Sacs
- L Train
- Lee Fang
- McPherson Square
- Mitt Romney
- Occupy Cal
- Occupy DC
- Occupy Minneapolis
- Occupy Oakland
- Occupy Peeps
- Occupy Salt Lake
- Occupy Wall Street
- Pacific Ocean
- Wall Street
- Zuccotti Park
- carbon emissions
- coal lobby
- crop failures
- extreme weather
- freehold land
- international community
- investment houses
- middle class
- police brutality
- sea level
- super pacs
Occupy Peeps Street
The Occupy Wall Street movement can't be stopped - not even in Peepville!
Protesters Re-Occupy Minneapolis: At least a dozen Occupy Minnesota protesters were arrested as their return to Minneapolis became heated overnight.
Much more here, including a lot of video footage and photographs.
This just in: A newly uploaded video from Occupy Minneapolis last night. This one shows Minneapolis police police attacking journalists and flipping a commercial news videographer and his camera at about 1:22 and another independent journalist arrested:
And then this video shows that videographer being actually flipped over by a police officer in slow motion:
Occupy Wall Street activists arrested for L train stickers after inviting film crew along: Two Occupy Wall Street protestors have been arrested after they allowed NY1 to record their subway sticker campaign. Jeffrey Brewer and Aaron Minter were among those who last week covered subway seats with stickers that read, "Priority Seating for the 1%.
Occupy Salt Lake activists who maintained a round-the-clock presence in Salt Lake City’s Gallivan Center this past winter on Friday packed up their tents and moved a few blocks south to Library Square, a grass-and-gravel area east of the Salt Lake City Library at 210 E. 400 South.
Since Oct. 6, the Salt Lake contingency has stood in solidarity with Occupy Wall Street, a grass-roots movement decrying corporate greed and its influence on society and the political process.
'Wall Street' merger: DC's 2 Occupy groups to merge at McPherson Square: Washington's two ongoing Occupy protests plan to merge with one group moving out of Freedom Plaza and joining protesters at McPherson Square. On Friday evening, the Freedom Plaza protesters voted unanimously to approve the move.
Anonymous hacks UK government sites over 'draconian surveillance': Anonymous has launched a Distributed Denial of Service (DDoS) against multiple UK government websites. The group is not pleased with the UK government’s plans to monitor Internet users.
Afghan youth in U.S. protest war: Some 150 people from Fremont and Occupy Oakland demonstrated outside a U.S. military recruiting center in Fremont on March 30 at a protest organized by Afghan youth. They were also joined by a number of San Francisco Bay Area Iraq Veterans Against the War activists. Fremont has the highest concentration of Afghans in the U.S.
And via Treehugger, the coal industry mocks Occupy Wall Street. The message?
It's time to put aside silly things like idealism, or discontentment with pollution, and get back to reality. Hard, dirty, coal-stained reality. So listen up, Americans:
Lee Fang at Republic Report hits back:
The coal lobby thinks “reality” is a world dependent on their dangerous product. Coal-fired power plants kill at least 13,000 people a year by spewing over 386,000 tons of pollutants, including mercury, into the air. Coal is also the most significant driver of carbon emissions, making the industry responsible for global warming that will cause more extreme weather, droughts, famine, crop failures, mass extinction of various species, as well as flooding. Coal is hardly even a source of middle class jobs given efforts by major coal companies to bust their respective unions.
Last but not least, from Open Secrets: Let there be no doubt where Wall Street's political loyalties lie: Of all the money the securities and investment industry has poured into the 2012 presidential contest so far -- to the candidates and the super PACs behind them -- an unambiguous 92 percent has gone to the GOP, according to a new Center for Responsive Politics analysis.
This video was uploaded to YouTube in November 2011, and discusses the climate change reality in Kiribati, and that the inhabitants may soon have to leave their island homes because of the rising sea level. Kiribati is a low-lying island nation located in the South Pacific. There is mention of the possibility of have to relocate "in a few years." It has been about four months, and already the people of Kiribati are preparing to relocate. Their island homes are being swallowed up by the rising sea level.
In what could be the world's first climate-induced migration of modern times, Anote Tong, the Kiribati president, said he was in talks with Fiji's military government to buy up to 5,000 acres of freehold land on which his countrymen could be housed.
Some of Kiribati's 32 pancake-flat coral atolls, which straddle the equator over 1,350,000 square miles of ocean, are already disappearing beneath the waves.
Most of its 113,000 people are crammed on to Tarawa, the administrative centre, a chain of islets which curve in a horseshoe shape around a lagoon.
"This is the last resort, there's no way out of this one," Mr Tong said.
"Our people will have to move as the tides have reached our homes and villages."
The Kiribati government has launched an educational program for its people with the goal of giving them skills to find employment in Fiji in order to survive, and also that they might be more appealing as potential migrants.
As they prepare to leave behind their homeland, their culture and lifestyle, Mr. Tong hopes that the international community will make funds available for their urgent need, the land purchase, and setting up homes for over 100,000 people. Then there's still the matter of persuading the government of Fiji to agree to this plan. And all the while the tides flow further inland on Kiribati.