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Cornell West & Raheem Devaughn Arrested For Protesting
Raheem Devaughn and Cornell West was arrested in front of the Supreme Court yesterday for protesting for Occupy DC.
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Occupy DC is a peaceful grassroots movement that are fed up with the current political and economical system in this nation. We are an independent branch from occupytogether.org and occupywallst.org but carry the same terminology and philosophy. Occupy DC focuses on spreading the idea of Occupy Together and Occupy Wall Street in our nations capital Washington DC.
Why?
- 45 million Americans depend on food stamps.
- 14 million (9.1%) Americans are officially recorded as unemployed.
- 1 out 5 children lives in poverty in the United States.
- In 2010 14.5% (1 out of 7) of households were food insecure.
- In 2010 46.2 million Americans live in poverty, up from 37.3 in 2007.
- 15.4 live in extreme poverty (income less than half of the poverty line, or less than $10,000 a year for a family of four).
- 45 million (1 out of 7) Americans don’t have medical insurance.
- Corporations have huge influence in financial institutions our government. They donate million of dollars to our politicians which in return make laws that favor them.
- Corporations have the same legal rights as a person- Corporate personhood.
- According to the Federal Deposit Insurance Corp., bank profits in the first quarter of this year were “the best for the industry since the $36.8 billion earned in the second quarter of 2007.” JP Morgan Chase is currently pulling in record profits.
- Due to the failure of small competitors and mergers facilitated during the 2008 crisis, the nation’s biggest banks — including Bank of America, JP Morgan Chase, and Wells Fargo — are now bigger than they were pre-recession. Pre-crisis, the four biggest banks held 32% of total deposits; now they hold nearly 40 percent.
- Banks, including Bank of America, Barclays, Goldman Sachs, and Credit Suisse, are planning to lay off tens of thousands of workers.
- The four biggest banks issue 50 percent of mortgages and 66 percent of credit cards: Bank of America, JP Morgan Chase, Wells Fargo and Citigroup issue one out of every two mortgages and nearly two out of every three credit cards in America.
- The 10 biggest banks hold 60 percent of bank assets: In the 1980s, the 10 biggest banks controlled 22 percent of total bank assets. Today, they control 60 percent.
- Banks cost households nearly $20 trillion in wealth: Almost $20 trillion in wealth was destroyed by the Great Recession, and total family wealth is still down “$12.8 trillion (in 2011 dollars) from June 2007 — its last peak.”
- Big banks don’t lend to small businesses: The New Rules Project notes that the country’s 20 biggest banks “devote only 18 percent of their commercial loan portfolios to small business.”
- Big banks paid 5,000 bonuses of at least $1 million in 2008: According to the New York Attorney General’s office, “nine of the financial firms that were among the largest recipients of federal bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008.”
Tags: cornell west, raheem devaughn
Replies to This Discussion
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Permalink Reply by material girl on -
Im surprised no one has commented on this post yet, occupy wallstreet has actually turned in occupy the planet! lol it has spread to Tokyo,London,and other us cities.People are tired being out of work and the banks keep coming up with these outrageous fees...People just want to be heard I guess...
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Permalink Reply by OLD $PICE PINE NEEDLE on -
@MG, the real problem is 'career politicians' who keep getting campaign donations from the rich and corporations so the can be re-elected to keep passing laws that benefit them.
I get the real issue is that everyone is fed up, but make sure this 'occupy' (world spring/arab spring) is dealing with the real issues. No one has a clear message, they need to get back to the grass roots where government should be for ALL citizens, not just a select few.
The biggest issue in the USA is bank reform. How did the gov't let these people get away with these outrageous mortgage terms without going unchecked??
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Permalink Reply by CCD is Workin on a baller 4 she on -
I read "Arrested" and thought what else is new? lol Then I came back and read the whole title. Wow! Good for them! I love the fact that this is going global and just as I thought there are a few violent protests here and there. It is gonna get worse before it gets better and the wealthy, no rich, but wealthy folk have no one but themselves to blame.
Shaq = rich
The guy who pays Shaq = Wealthy
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Permalink Reply by CCD is Workin on a baller 4 she on
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$picey, their message is loud and clear. The media, owned by the wealthy, just isn't trying very hard to communicate their message.
OLD $PICE PINE NEEDLE said:@MG, the real problem is 'career politicians' who keep getting campaign donations from the rich and corporations so the can be re-elected to keep passing laws that benefit them.
I get the real issue is that everyone is fed up, but make sure this 'occupy' (world spring/arab spring) is dealing with the real issues. No one has a clear message, they need to get back to the grass roots where government should be for ALL citizens, not just a select few.
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Permalink Reply by OLD $PICE PINE NEEDLE on
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That's what I told my friend last night, and that's where blogs/twitter/FB comes in. If blogs ignore entertainment for a day and focused on that there will be a true change.
CCDreamer aka Eve Davis said:
$picey, their message is loud and clear. The media, owned by the wealthy, just isn't trying very hard to communicate their message.
OLD $PICE PINE NEEDLE said:@MG, the real problem is 'career politicians' who keep getting campaign donations from the rich and corporations so the can be re-elected to keep passing laws that benefit them.
I get the real issue is that everyone is fed up, but make sure this 'occupy' (world spring/arab spring) is dealing with the real issues. No one has a clear message, they need to get back to the grass roots where government should be for ALL citizens, not just a select few.
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Permalink Reply by maxwells_musze on -
1. has he been released? 2. do i need to send some dr. bronner lavendar soap to where he's being held?
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Permalink Reply by Siren on -
He bet not be in there making them tingle...
maxwells_musze said:1. has he been released? 2. do i need to send some dr. bronner lavendar soap to where he's being held?
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Permalink Reply by CCD is Workin on a baller 4 she on
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It is coming $picey. Give it time. Too many people still comfortable with the status quo. Still satisfied debating instead of doing something. Change is coming.
OLD $PICE PINE NEEDLE said:That's what I told my friend last night, and that's where blogs/twitter/FB comes in. If blogs ignore entertainment for a day and focused on that there will be a true change.
CCDreamer aka Eve Davis said:
$picey, their message is loud and clear. The media, owned by the wealthy, just isn't trying very hard to communicate their message.
OLD $PICE PINE NEEDLE said:@MG, the real problem is 'career politicians' who keep getting campaign donations from the rich and corporations so the can be re-elected to keep passing laws that benefit them.
I get the real issue is that everyone is fed up, but make sure this 'occupy' (world spring/arab spring) is dealing with the real issues. No one has a clear message, they need to get back to the grass roots where government should be for ALL citizens, not just a select few.
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Permalink Reply by OLD $PICE PINE NEEDLE on
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So THIS IS THE CHANGE Obama was talking about. It took a blk prez to give the world some balls? No wonder they want him out of office. lol
Y'all better give the Dems the majority they need in 2012 to make these changes a reality.
CCDreamer aka Eve Davis said:It is coming $picey. Give it time. Too many people still comfortable with the status quo. Still satisfied debating instead of doing something. Change is coming.
OLD $PICE PINE NEEDLE said:
That's what I told my friend last night, and that's where blogs/twitter/FB comes in. If blogs ignore entertainment for a day and focused on that there will be a true change.
CCDreamer aka Eve Davis said:$picey, their message is loud and clear. The media, owned by the wealthy, just isn't trying very hard to communicate their message.
OLD $PICE PINE NEEDLE said:@MG, the real problem is 'career politicians' who keep getting campaign donations from the rich and corporations so the can be re-elected to keep passing laws that benefit them.
I get the real issue is that everyone is fed up, but make sure this 'occupy' (world spring/arab spring) is dealing with the real issues. No one has a clear message, they need to get back to the grass roots where government should be for ALL citizens, not just a select few.
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Permalink Reply by OLD $PICE PINE NEEDLE on
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And back to Cornell West, he understands the hurdles our Prez is facing (getting the rich to pay more taxes, which is what they're protesting for) and still he goes in on him. He should be using his platform to education the public on how politics really works.
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Permalink Reply by Ms. Ashley Banks on -
He won't do that. That means less money for Cornell if he's not out causing a ruckus. Why be amongst the people who cannot pay you for your wisdom when you can get on TV, talk trash about the POTUS and get paid to do it. I think some black revolutionaries can't handle having a black president. You can still fight the establishment without putting Obama down. He is not the cause of America's current problems, but you can get out there and find support to help the president fix things.
OLD $PICE PINE NEEDLE said:And back to Cornell West, he understands the hurdles our Prez is facing (getting the rich to pay more taxes, which is what they're protesting for) and still he goes in on him. He should be using his platform to education the public on how politics really works.
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Permalink Reply by maxwells_musze on
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i completely agree!
Ms. Ashley Banks said:He won't do that. That means less money for Cornell if he's not out causing a ruckus. Why be amongst the people who cannot pay you for your wisdom when you can get on TV, talk trash about the POTUS and get paid to do it. I think some black revolutionaries can't handle having a black president. You can still fight the establishment without putting Obama down. He is not the cause of America's current problems, but you can get out there and find support to help the president fix things.
OLD $PICE PINE NEEDLE said:And back to Cornell West, he understands the hurdles our Prez is facing (getting the rich to pay more taxes, which is what they're protesting for) and still he goes in on him. He should be using his platform to education the public on how politics really works.
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