Occupy Wall Street

By Professor Pinch, Minyanville I think it's time we stop, children, what's that sound? Everybody look what's going down There's battle lines being drawn Nobody's right if everybody's wrong... -- Buffalo Springfield, "For What It's Worth" Last month opened up with a call by the "Occupy Wall...

The snow is gone, the first day of spring arrived weeks ago, the baseball season has begun, and one question has come to my mind: Where is the highly-anticipated American Spring that we had been hearing about for months? In January 2012, I discussed various "prologue protests" that appeared to...

US$ 973,786,356,798: the current outstanding student loan debt in the United States according to the Student Loan Debt Clock – an online tool that estimates the amount of debt from student loans. This is yet another crisis that is taking its toll on the American economy and according to the...

One year after the Egyptian Revolution, in light of the revolutionary wave in the Middle East known as the "Arab Spring", might there be an "American Spring" around the corner in 2012? Given recent developments, struggling economic conditions, and recurring political rhetoric in the news, an...

Tonight, President Barack Obama will give his State of the Union Speech in front of a deeply divided, and unprecedentedly unpopular, Congress. In what many observers are characterizing as a kick-off to the President's 2012 re-election bid, the event is likely to be an opportunity for more political...

JPMorgan Chase (NYSE: JPM) reported lower earnings amidst slower trading activity and a difficult investment period. Investment banking operations saw a 56% drop in profits to $726 million, down from $1.6 billion in the previous quarter and $1.5 billion in Q4 2010. The bank net income totaled $3.7...

Sometimes bread tastes better than freedom. One has to wonder how much freedom a starving individual would be willing to give up in order to survive. This is something to keep in mind going into the next year as we make our way through the global financial crisis. And as we approach the beginning...

On Wednesday, Marketplace's Kai Ryssdal interviewed Stephanie Elsenpeter, an unemployed mother living in New Hope, Minn. Elsenpeter discussed how her emergency-extended unemployment benefits are going to run out the week of Jan. 8. On the topic of her unemployment benefits running out, Ryssdal...

In the context of the Occupy Wall Street protests, is Batman in the 1 percent? The most recent trailer for "The Dark Knight Rises" suggests that he is. Reuters reported Tuesday that reactions among fans to the upcoming Batman flick directed by Christopher Nolan "ranged from euphoric to...

Bankers are now free to steal as many millions of dollars as they can, because the US government has gone on record saying they are simply not interested in prosecuting financial crimes. Seriously. According to a Wall Street Journal report, the Department of Justice is passing the buck to...

Marketwatch's Paul B. Farrell wrote a very interesting story Tuesday entitled "Super Rich vs. 99%: Class war will explode" regarding Occupy Wall Street, the evolution of class warfare, and the conservative response to the Occupy Wall Street movement. Farrell: "Forget politics. The 99%, the Occupy...

In a fairer world, former Treasury Secretary Hank Paulson would spend the next 10 to 12 years in federal prison. In case you missed it, we now have proof that, at the height of the housing crisis and just a few weeks before the public learned that Freddie and Fannie were completely underwater,...

The number of people working in the New York City financial services industry is shrinking. As of August 2011, data shows that some 166,000 people are employed by financial services industries, and that number will contract into the end of the year and January. Many markets have experienced...

Speaking at the Iowa family forum on Saturday evening, surging Presidential candidate Newt Gingrich had some harsh words for the Occupy Wall Street movement. Despite a recent drop in Americans' support for the widespread movement, it is still viewed positively by one in three U.S. citizens....

Was November 17th's Day of Action Occupy Wall Street's Waterloo? Probably not, but it somewhat appeared to be. With stunted executions of protest goals and hundreds of arrests, what is next for the Occupy Wall Street movement? The protests prepared on Nov. 17 appeared to make for a critical day...