Economy

The MSM’s Fear of OWS

Journalism should be about the new and unexpected, but most journalists really prefer the routine and expected,  so their days go easier. And they shy away from questioning the status quo. All of which makes Occupy Wall Street (OWS) a nuisance to the mainstream media (MSM), says Danny Schechter.

As Wall Street’s Universe Collapses

Wall Street has created a “moral” universe that elevates short-term profits into the ultimate “good,” rewarding those who can achieve them with massive bonuses. The movie Margin Call follows these players when their universe collapses, writes Lisa Pease.

NPR Retaliates Against Opera Show

After discovering that the host of an opera program had joined pro-democracy protests in Washington, NPR decried the woman’s ethics and got her ousted from one job. But the opera show refused to buckle, so NPR dropped it from national distribution, as activist David Swanson reports.

Selling Out the Tea Partiers

Tea Party leaders have joined Fox News in ridiculing Occupy Wall Street – while calling for even  less regulation of the banks and still lower taxes on the rich – but Irving Wesley Hall is one Tea Partier who is questioning these “leaders” and finding common ground with the anti-Wall Street protests.

NPR Ousts Producer Over ‘Occupy DC’

For years now, U.S. “public broadcasting” has run scared from right-wing attacks and Republican funding cuts. So, NPR and PBS lard on more right-wing pundits, while purging any sign of liberal dissent as just happened with a producer of an opera show who joined “Occupy DC” protests, David Swanson reports.

Common Cause Against Wall Street

During the Vietnam War, “hard-hat” construction workers would sometimes spit on or beat up young anti-war protesters. But the U.S. political/economic situation is now so dire that the “hard-hats” are finding common cause with the scruffy Wall Street protesters, notes Michael Winship.

Punching a Hole in the Bubbles

In America, bubbles come in two forms: how Wall Street insiders suck in a sucker’s money before the speculative bubble pops and how those same scam artists stay inside a protective bubble to spare themselves from the fallout. In this autumn of national discontent, Phil Rockstroh sees hope for real change.

Free Market v. Government Intervention

Exclusive: Backed by a powerful right-wing media and aggressive Tea Party activists, Republicans appear unafraid of any political risks from their out-of-hand rejection of President Barack Obama’s jobs bill. The GOP senses its anti-government message remains potent, writes Robert Parry.

‘Occupy’ Movement Surfaces in Tulsa

The “99 Percent” movement continues to grow, surfacing not only in New York, Washington and other major cities like Boston, Chicago and Los Angeles – but in smaller cities, even in conservative bastions like Tulsa, Oklahoma, as Richard L. Fricker reports.

GOP Sees ‘Mob’ in Wall St. Protests

The Republican complaint that any talk about raising taxes on the rich is “class warfare” has now refocused on the protests against Wall Street greed as an example of “mob” rule, instigated by President Barack Obama. But Danny Schechter finds the GOP accusation absurd.