EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

10.28.13

Black Tuesday 2013 is Tomorrow (Wall Street, New York)

Posted in Finance at 10:33 am by Dr. Roy Schestowitz

NYSE

Summary: Popular action centered around the NYSE is being organised (expected to take place tomorrow), seeking to restore justice and democracy

It’s not Black Friday and it’s not Halloween, either. Tomorrow will be Black Tuesday 2013 [1], which protests against the criminally ruthless nature of some people in New York and elsewhere [2] — people’s whose crimes even result in the deaths of people in poorer nations [3]. A professor of economics protests against this system as a whole [4,5] and another professor, Larry Lessig, hopes to save democracy [6] by raising funds for real elections (despite the fact that defaulting seems imminent, as money-printing practices bring back memories from Germany in the 1930s [7]).

Those who want to stand up against the robber barons will hopefully be able to attend the protest tomorrow (26 Wall St, New York). The Establishment tried to crush previous events of this kind using surveillance and false accusations of “terrorism” (leaks and bombshell disclosures revealed this). Don’t let the bankers get their way this time. The NSA/CIA/FBI sure couldn’t stop the weekend’s successful protest. The protesters received a lot of corporate/mainstream press coverage such as [8] and the coverage was largely positive and supportive, unlike that of OWS.

Related/contextual items from the news:

  1. Black Tuesday 2013

    On Tuesday October 29, 2013. We will hold a demonstration to raise awareness that if Wall Street is allowed to continue greedy corrupt practices history will repeat itself.

  2. Co-op members finding out the harsh reality of mutual banking

    Billionaire Mark Brodsky’s New York hedge fund is, as one financier put it: “like the Terminator – [it] just keeps on coming”.

    The Co-operative Bank this week discovered the truth of that when, despite months of claims it could remain true to its mutual roots with its members in charge, Mr Brodsky and other aggressive hedge funds triumphed in their relentless bid to seize control.

    For Co-op members, the sudden turn of events was baffling. Hadn’t the bank agreed a rescue deal to resolve the £1.5bn black hole in its finances? Hadn’t it told the likes of Brodsky that they would have to sacrifice £500m and accept a minority stake in the business?

    For seasoned observers of Brodsky and his Aurelius fund his victory was no surprise. The former bankruptcy lawyer has made himself and his investors very rich from similar situations. “They are legal tourists, going around the world looking for opportunities to freeze assets and gain control,” says Tim Jones of the Jubilee Debt Campaign. Once they find their target, they will litigate patiently until achieving their profit. Aurelius’s Manhattan boardroom is said to be decorated with a timeline of a previous Brodsky project – the bankruptcy of satellite phone company Iridium. It spans a decade.

  3. The Bangladesh poor selling organs to pay debts

    Kalai, like many other villages in Bangladesh, appears a rural idyll at first sight. But several villagers here have resorted to selling organs to pay back microcredit loans that were meant to lift them out of poverty. Journalist Sophie Cousins reports on an alarming consequence of the microfinance revolution.

  4. State of Democracy Lecture Series “Can Democracy Cure Capitalism?”
  5. Richard Wolff on The Campbell Conversations

    Professor Wolff joins Grant Reeher on The Campbell Conversations and argues that our economic recovery has so far been a “fiction,” unless you’re in the top one percent, and he further claims that this problem reflects something much more fundamentally wrong with our modern system of capitalism. He finds a solution to the problem in a reconsideration of the way we govern the workplace.

  6. Can we afford citizen-funded elections yet?

    The shutdown — and the threat of default — cost the economy billions. (Here’s one estimate of $24 billion. The NYT has some lower (though in the billions) estimates.)

  7. Jim Rogers and Doug Casey: Never Before In History Have All Central Banks Printed At the Same Time

    As we noted last year, this is the first time in history that all central banks have printed money simultaneously … And that’s terrifying.

  8. Protesters march in Washington against NSA spying

    His latest disclosures showed that the United States may have tapped the phone of German Chancellor Angela Merkel, adding to the growing outrage against U.S. data-gathering practices abroad and prompting a phone call between Merkel and President Barack Obama.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Links 28/4/2017: Subsurface 4.6.4, GNOME Shell & Mutter 3.25.1

    Links for the day



  2. Kather Augenstein and Bristows Shift Attention to Germany in an Effort to Ram the Dying UPC Down Everyone's Throats

    Down the throat, hopes Team UPC, the Unitary Patent system will go, even though Britain cannot ratify, throwing the whole thing into grave uncertainty



  3. United for Patent Reform Defends USPTO Director Michelle Lee From Attacks by the Patent Microcosm

    Michelle Lee is finally (if not belatedly) shielded by a bunch of large technology companies; The deep-pocketed industry finally steps in line with our position, which is usually when things turn out the way we advocate for



  4. Team UPC and CIPA Are Lobbying, Publishing Puff Pieces, and Rewriting the Law for Unitary Patent (UPC) Behind Closed Doors

    A collection of the latest news and views on the UPC, which is being lied about by those who stand to benefit from it and is probably going nowhere because Brexit means that the UK stays out, in which case it must be reset and pertinent ratifications done all over again



  5. China's Suffering From Patent Maximalism Has Europe Forewarned

    The parasitic elements inside China -- those that just want lots of litigation (even if from patent trolls) -- are winning over, much to the detriment of the Chinese economy, and Team UPC threatens to do the same in Europe with help from Battistelli



  6. Links 27/4/2017: Mesa 17.0.5 RC1, Git 2.13.0 RC1, and Linkerd 1.0

    Links for the day



  7. The Latest Expensive PR Blitz of the EPO, Led by Jana Mittermaier and Rainer Osterwalder Under the 'European Inventor Award' Banner

    The PR agencies of the Corsican in Chief, who appears to be buying political support rather than earning any, are very busy this week, as yet another reputation laundering campaign kicks off



  8. Links 26/4/2017: SMPlayer 17.4.2, Libreboot Wants to Rejoin GNU

    Links for the day



  9. PatentShield is Not the Solution and It Won't Protect Google/Android From Patent Trolls Like Microsoft's

    A new initiative called "PatentShield" is launched, but it's yet another one of those many initiatives (Peer-to-Patent and the likes of it, LOT Network, OIN, PAX etc.) that serve to distract from the real and much simpler solutions



  10. Patent Quality Crisis and Unprecedented Trouble at the European Patent Office (EPO) Negatively Affect Legitimate Companies in the US As Well

    The granting en masse of questionable patents by the EPO (patent maximalism) is becoming a liability and growing risk to companies which operate not only in Europe but also elsewhere



  11. Blog 'Takeovers' by Bristows and Then Censorship: Now This Firm Lies About the Unitary Patent (UPC) and Then Deletes Comments That Point Out the Errors

    Not only are Bristows employees grabbing the mic in various high-profile IP blogs for the purpose of UPC promotion (by distortion of facts); they also actively suppress critics of the UPC



  12. Links 25/4/2017: Kali Linux 2017.1 Released, NSA Back Doors in Windows Cause Chaos

    Links for the day



  13. Astoundingly, IP Kat Has Become a Leading Source of UPC and Battistelli Propaganda

    The pro-UPC outlets, which enjoy EPO budget (i.e. stakeholders' money), are becoming mere amplifiers of Benoît Battistelli and his right-hand UPC woman Margot Fröhlinger, irrespective of actual facts



  14. EPO Fiasco to be Discussed in German Local Authority (Bavarian Parliament) Some Time Today as the Institution Continues Its Avoidable Collapse

    Conflict between management and staff -- a result of truly destructive strategies and violations of the law by Benoît Battistelli -- continues to escalate and threatens to altogether dismantle the European Patent Office (EPO)



  15. In the US and Elsewhere, Qualcomm's Software Patents Are a Significant Tax Everyone Must Pay

    The state of the mobile market when companies such as Qualcomm, which don't really produce anything, take a large piece of the revenue pie



  16. In South Asia, Old Myths to Promote Patent Maximalism, Courtesy of the Patent Microcosm

    The latest example of software patents advocacy and patent 'parades' in India, as well as something from IPOS in Singapore



  17. Links 24/4/2017: Linux 4.11 RC8, MPV 0.25

    Links for the day



  18. Why Authorities in the Netherlands Need to Strip the EPO of Immunity and Investigate Fire Safety Violations

    How intimidation and crackdown on the staff representatives at the EPO may have led to lack of awareness (and action) about lack of compliance with fire safety standards



  19. Insensitivity at the EPO’s Management – Part IX: Testament to the Fear of an Autocratic Regime

    A return to the crucial observation and a reminder of the fact that at the EPO it takes great courage to say the truth nowadays



  20. For the Fordham Echo Chamber (Patent Maximalism), Judges From the EPO Boards of Appeal Are Not Worth Entertaining

    In an event steered if not stuffed by patent radicals such as Bristows and Microsoft (abusive, serial litigators) there are no balanced panels or even reasonable discussions



  21. EPO Staff Representatives Fired Using “Disciplinary Committee That Was Improperly Composed” as Per ILO's Decision

    The Board of the Administrative Council at European Patent Organisation is being informed of the union-busting activities of Battistelli -- activities that are both illegal (as per national and international standards) and are detrimental to the Organisation



  22. Links 23/4/2017: End of arkOS, Collabora Office 5.3 Released

    Links for the day



  23. Intellectual Discovery and Microsoft Feed Patent Trolls Like Intellectual Ventures Which Then Strategically Attack Rivals

    Like a swarm of blood-sucking bats, patent trolls prey on affluent companies that derive their wealth from GNU/Linux and freedom-respecting software (Free/libre software)



  24. The European Patent Office Has Just Killed a Cat (or Skinned a 'Kat')

    The EPO’s attack on the media, including us, resulted in a stream of misinformation and puff pieces about the EPO and UPC, putting at risk not just European democracy but also corrupting the European press



  25. Yann Ménière Resorts to Buzzwords to Recklessly Promote Floods of Patents, Dooming the EPO Amid Decline in Patent Applications

    Battistelli's French Chief Economist is not much of an economist but a patent maximalist toeing the party line of Monsieur Battistelli (lots of easy grants and litigation galore, for UPC hopefuls)



  26. Even Patent Bullies Like Microsoft and Facebook Find the Patent Trial and Appeal Board (PTAB) Useful

    Not just companies accused of patent infringement need the PTAB but also frequent accusers with deep pockets need the PTAB, based on some new figures and new developments



  27. Links 21/4/2017: Qt Creator 4.2.2, ROSA Desktop Fresh R9

    Links for the day



  28. At the EPO, Seeding of Puff Piece in the Press/Academia Sometimes Transparent Enough to View

    The EPO‘s PR team likes to 'spam' journalists and others (for PR) and sometimes does this publicly, as the tweets below show — a desperate recruitment and reputation laundering drive



  29. Affordable and Sophisticated Mobile Devices Are Kept Away by Patent Trolls and Aggressors That Tax Everything

    The war against commoditisation of mobile computing has turned a potentially thriving market with fast innovation rates into a war zone full of patent trolls (sometimes suing at the behest of large companies that hand them patents for this purpose)



  30. In Spite of Lobbying and Endless Attempts by the Patent Microcosm, US Supreme Court Won't Consider Any Software Patent Cases Anymore (in the Foreseeable Future)

    Lobbyists of software patents, i.e. proponents of endless litigation and patent trolls, are attempting to convince the US Supreme Court (SCOTUS) to have another look at abstract patents and reconsider its position on cases like Alice Corp. v CLS Bank International


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts