Carmen is a 23 year-old fighting to keep her family's home. Yesterday she was electrocuted by a taser at the Department of Justice while peacefully protesting with Occupy Our Homes and the Home Defenders League for her rights as a homeowner.

Call President Obama at (202) 456-1111 and tell him to arrest bankers, not homeowners.

Occupiers, allies and community members from across the country came together in front of the DOJ to demand that Attorney General Eric Holder arrest the bankers responsible for upending the international economy through the housing crisis.

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Joe Stringer of ACCE, the Alliance of Californians for Community Empowerment talks about why he is going to Washington, DC to risk arrest at the Department of Justice.

Stringer,in Los Angeles talks about how the foreclosure crisis has decimated his neighborhood in Watts.

It's time for bankers to go to jail!

This may be President Obama's last chance to get justice for the millions of homeowners, taxpayers, and retirees whose homes, savings, pensions and livelihoods were stolen by Wall Street bankers.

Tell President Obama:

1. Prosecute Wall Street bankers for stealing our homes, savings and livelihoods.

2. Keep people in their homes by resetting their mortgages.

3. Make Wall Street pay us back.

Sign the petition here.

I know 11,000 people who aren’t too excited about these “transformations.” Citigroup announced that it will absorb a tax charge of $1 billion for the quarter and eliminate about 11,000 jobs. The third-biggest U.S. banks CEO said that the move was a “logical” step in the bank’s “transformation.” The plan of restructuring also includes branch closings:

The latest eliminations amount to about 4.2 percent of Citigroup’s workforce of 262,000 people at the end of September. The largest share of reductions, about 6,200 jobs, will come from the global consumer-banking business, Citigroup said. The lender expects to sell or scale back consumer operations in Pakistan, Paraguay, Romania, Turkey and Uruguay.

An additional 2,600 jobs will be cut in the operations and technology group and global functions. Citi Holdings, the unit disposing of unwanted assets, will eliminate about 350 positions.

The plan will save about $900 million in 2013, and projected annual savings will exceed $1.1 billion beginning in 2014, the company said. Annual revenue will drop about $300 million, according to the forecast. The $1 billion charge this quarter is before taxes. An additional $100 million of related charges will come in the first half of next year.

Those of you bankers who didn't have your jobs slashed, not to worry about your annual bonus. While it will be cut by 10%, you'll still receive it. What's that, you're crying over the 10%? Oh, good grief!

These are themed days of action in resistance to the system and in solidarity with the 99%. Individual, autonomous affinity groups welcome to plan whatever inspires them.

10/1 – SHUT DOWN K STREET day of action. Meet at 7 AM at McPherson Square to shut down the street where corporate lobbyists, bankers, and the 1% do their shady dealings with the government. Bring tents, sleeping bags, other items as needed. Individual, autonomous affinity groups welcome to plan whatever inspires them.

10/2 – Bank/economic day of action. Meet 7 AM at Bank of America, Pennsylvania & 15th St NW, to “foreclose” a bank. Meet 1 PM at same location for march to deliver “bailout money” to social services, schools, and the people.

10/3 – Lobbyists day of action. A day to stick it to the notorious lobbyists, one-percenters, and Citizens-United Super PAC campaign donors who are undermining democracy and imperiling our system.

10/4 – 99% solidarity day of action. Visiting our 99% friends in shows of solidarity, and uniting together against the oppression of the 1%.

10/5 – Earth, sustainability, and energy day of action. A day of opposing industrial agriculture, GMOs, hydro-fracking, pollution, oil, coal, and other dirty energy, and working toward a healthy, sustainable planet.

10/6 – OCCUPY DC FREEDOM PLAZA ANNIVERSARY, a day for calling for an end to wars and militarism. The Occupy DC Freedom Plaza location began on the anniversary of our invasion of Afghanistan on October 6, 2001. This October 6, join Occupy DC to oppose war and militarism, and call for US troops out of Afghanistan now!

10/7 – Occupy Democracy day of action. A day for calling for a true democracy, one month prior to Election Day. Meet 5 PM in McPherson Square for a general assembly to display what a real, egalitarian, horizontal democracy might look like!

A year ago, on October 1, 2011, ecstatic that the 99% had begun occupying Wall Street, brave activists here in Washington DC began occupying McPherson Square on K Street, the corridor where corporate lobbyists, bankers, and the 1% come to wield their power. On October 6, more fearless members of the 99% began occupying Freedom Plaza in downtown DC, about ten blocks to the south. Two active camps were established with several hundred occupiers between the two of them. They survived the snow and rain of winter and persecution from the police, until the police violently raided the camps in the second week of February 2012.

There are more reasons than ever to occupy -- to dwell in the places where the 1% do their corrupt dealings, and refuse to leave. Join the 99% as we reclaim our democracy, our future, our world.

[Via]

Dissatisfied with the country’s worsening economic troubles and displeased with proposed austerity measures, thousands of demonstrators clashed with police in Madrid Tuesday. The protesters formed a human chain around the parliament building while police fired bullets at and beat the most violent in the crowd with truncheons. At least 22 people were arrested while 32 were injured, including four policeman. The protest was timed to the new 2013 budget, which will be announced by the government Thursday and includes cuts in inflation-linked pensions, taxes on stock transactions, the implantation of green taxes, and the elimination of several tax breaks. The region of Catalonia, which is responsible for 20 percent of the national output, called for an early election on Nov. 25 that could lead to a referendum on secession.

Yves at Naked Capitalism has a good run down on the situation in Spain. And this Daily Kos diary does a pretty good job of showing the consequences of the banker control going on in Europe.

Dave Johnson at Seeing the Forest adds this:

The job of bankers is to assess risk. They are supposed to look at all the factors, and price a loan accordingly. If you have a credit card with very high risk, you might pay in the 20% range! This way the banks can lend out the money, and even if a large percentage of the borrowers default, they still do OK. They are expecting a certain default rate, they price accordingly, they do OK on the loan portfolio.

Same for when they lend to countries. They price loans according to the default risk, and over the lifetime of the loans they are supposed to get their money back plus some return, even with the expected defaults. If the banks screwed up and didn't price their loans correctly, this doesn't make the people of Greece lazy, etc. it makes the bankers incompetent.

OR the bankers did price correctly, and over the lifetimes of all of their loans they are getting their money back and a return, AND they are also taking advantage of the situation to get more, make a killing, force privatization, force wages down, get rid of that pesky democracy that has been in the way, etc.

So here we are again, with the elites in the position of being either stupid (incompetent) or evil. And with the people in misery as a result, while the elites do just fine for themselves. With the added bonus for the elites that the experiment of wresting control from the elites and to the people -- democracy -- ending.

52 Shades of Greed is a fully illustrated deck of finance and OWS-themed playing cards with drawings from 28 top illustrators. Learn about who and what is breaking our financial system. Enjoy the incredible art on the cards!

After being contacted by a member of the Occupy Wall Street alternative banking group , illustrator Marc Scheff agreed to do a few drawings for a deck of cards depicting some of the people and institutions responsible for causing the Great Recession.

"As a freelance illustrator I don’t get many opportunities to visualize ideas that I am personally committed to, so this project was an exciting departure. I thought that my collaborator Daniel and I would do some face cards and combine those with a standard deck of numbered cards for a sweet little project. Then he suggested bringing in more illustrators, so we made some calls. Within a few days, the project snowballed into a massive collaborative undertaking involving 28 artists from around the world. The deck grew to 56 cards (52 in the deck plus 4 bonus) on an extremely tight deadline."

All of the illustrators came in with incredible excitement and ideas for this collaboration. The vision evolved into making a visually dynamic and coherent set of cards with text and illustrations that would give people a snapshot of who the players are in this casino we call the world financial system.

It was a huge success. The completed designs can be viewed here, where the creators are looking for funds for future projects if you'd like to give these talented people a hand.

One year after the Madrid anti-capitalism riots of June 15, 28, and 29th, 2011...

The series of protests demands a radical change in Spanish politics, as protesters do not consider themselves to be represented by any traditional party nor favored by the measures approved by politicians.

Even though protesters form a heterogeneous and ambiguous group, they share a strong rejection of unemployment, welfare cuts, Spanish politicians, the current two-party system in Spain between the Spanish Socialist Workers' Party and the People's Party, as well as the current political system, capitalism, banks and bankers, political corruption and firmly support what they call basic rights: home, work, culture, health and education.

According to statistics published by RTVE, the Spanish public broadcasting company, between 6.5 and 8 million Spaniards have participated in these protests.

Good morning, and TGIF!

At the Public Banking in America Conference in Philadelphia in April, 12-year old Victoria Grant explained why her homeland, Canada, and most of the world, is in debt. It was a reprisal of a speech she'd given six weeks before at a Rotary Club for 600 people, a clip of which quickly went viral. "Have you ever wondered why the bankers from the largest private banks are becoming wealthier and the rest of us are not?" she intones in her precocious cadence. "What I've discovered is the banks and the government have colluded to financially enslave the people of Canada."

Let's hear it for young activists. They might end up saving the world.

TGIF! Today is Friday, May 18th, 2012, and there still hasn't been even one banker jailed for the economic and foreclosure crisis in the United States.