President Obama: Lowest Jobless Rate Since I Took Office

 

President Obama tells the American people that as a nation we are moving forward four years after the worst economic crisis since the Great Depression. He says while there’s more work to do, America‘s businesses have added 5.2 million jobs over the past 31 months and the unemployment rate is at the lowest level since the President took office. To keep our country moving forward, he saysCongress should act on the President’s plan to keep taxes low for 98% of the American people, rather than holding it hostage to give more budget-busting tax cuts to the wealthiest 2%. Congress should cut red tape so responsible homeowners can save about $3,000 a year on their mortgage by refinancing at lower rates, and act on the President’s proposal to create a veterans jobs corps to help our returning heroes find work. He says it’s time for our elected leaders to get back to work to help the middle class and build our economy from the middle-out, not the top down.

 

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Occupy Homes Buys Time, Gets Jury Trial for Foreclosure Case

Embattled North Minneapolis homeowner Monique White had her day in court Monday morning, and faced the possibility of being evicted from her house this week. But apparent last-minute jockeying between her defense team and attorneys for Freddie Mac postponed her hearing until Friday when she’ll face a jury trial. The postponement, and potential for a settlement, was a small victory for White, her legal team led by Rachel E. B. Lang of the National Lawyer’s Guild and state representative Bobby Joe Champion (DFL, District 58B), and a team of activists from Neighborhoods Organizing for Change (NOC) and Occupy Homes. White, a single African-American mother who works two jobs, including the nightshift at a North Minneapolis liquor store, invited Occupy activists into her foreclosed home early last November to fight off eviction.

She and South Minneapolis ex-Marine Bobby Hull (who won his home with a renegotiated mortgage last month) have become pinnacles in the burgeoning Occupy Homes movement and have garnered attention from national media. Freddie Mac moved to foreclose on White after she fell behind in paying her mortgage, which was previously controlled by U.S. Bank. Occupy activists have targeted both Freddie Mac and U.S. Bank with their campaign in recent months, claiming that the financial institutions that were bailed out by the federal government should give homeowners a second chance too.

Approximately 70 activists filled a housing courtroom in the Hennepin County Government Center Monday morning in solidarity with Monique White. They carried red and white roses (“red representing our love for Monique, white representing our hope for a settlement,” said Occupy organizer Nick Espinosa) and raised their right fists into the air as the court was called to order. But the activists remained silent and peaceful as the proceedings were quickly delayed until Friday. “Today is a day that should not be happening,” NOC organizer Steve Fletcher addressed a rally before the court hearing.

“Today is a day that we’ve been trying to avoid for a long time. It’s also a day like any other day. Because in Monique White’s zip code, this has happened twice a day for six years. This has to change. This can’t keep happening twice a day. We can’t keep taking away families’ homes. And if it’s happening this often, there’s a problem with the system and the system needs to change.” Last Friday, the Minnesota Attorney General‘s Office encouraged Freddie Mac to work out a deal with Monique White, but the lender has yet to comply. Over the weekend Congressman Keith Ellison released a statement in solidarity with the embattled homeowner: ?I encourage Bank of America and Freddie Mac to act in good faith and negotiate a solution that works well for all parties and allows Monique and her children to keep their home.? Meanwhile, state senator Scott Dibble and state representative Karen Clark (both DFL) have sponsored a people’s bailout bill, which calls for a two-year moratorium on home foreclosures in Minnesota.

A much anticipated hearing will take place Wednesday at noon at the state capitol in St. Paul. And Monique White remains at the heart of a larger political battle that is escalating in Minnesota and nationwide.

The Future of the Progressive & Occupy Movements – AlterNet’s Sara Robinson

Sara Robinson, Senior Editor of AllterNet Visions, discusses the future of progressive goals.

Occupy LSX Take Over Unused Courthouse, Planning Mock Trial for 1%

Members of the Occupy London Stock Exchange movement have taken over a disused courthouse in the city, where they plan to hold mock trials of corporations and politicians who they believe need to be brought to justice. Although symbolic in nature, the cases will be heard by a retired judge and arguments made by professional lawyers.

Your Moment of Clarity! – “Vulture Funds And The Greediest Men Alive”

Vulture Funds” is an actual term for private equity firms that buy up the debt of destitute countries and then suck money out of the desperate people. There are people right in the US of A amassing millions in this fashion. Make sure to shake their hand next time you see them and say “Love your work.”

Occupy Movement Shows their economic strength with “Cash Mobs” – Buy only from Local Merchants

Sample of Cash Mob Event Flyer

Occupy Riverwest leads the way. Uses Cash Mobs To Support Local Businesses instead of multi-billion dollar corporations.

From their event page:

We at Occupy Riverwest will be spending our hard earned holiday money supporting local businesses in Riverwest who are part of the 99% and will be refraining from supporting big box corporate stores who enrich the 1% at our expense. As part of this support for local small businesses we will be encouraging all Occupy supporters to take part in our Cash Mob scheduled for Saturday, December 3rd.

A Cash Mob operates the same way as a flash mob with the big difference being why we appear. We will be appearing at a specific location to spend our hard earned money comfortably knowing that our money is supporting a local business that will undoubtedly reinvest in the surrounding community. We do not receive that same economic bounce when our money goes to a big box retailer (aka the 1%). Come and buy presents for the holiday season at Fischberger’s Variety! We are asking all who believe in this statement against the 1% to come and shop at Fischberger’s between 1:00 p – 5:00 p. on Saturday, December 3rd. We plan on having future Cash Mob events at other Riverwest businesses who support the 99%.

Cash Mob Information here

Sankalp Gosain (http://cashmobs.wordpress.com/) writes:

Cash mobs for cash jobs.

We’re reasonable people. We know there’s little we can do to make anybody regularly patronize a ‘shmobs destination -that’s up to whether the business itself can win over the mobbing faithful.  And for all our wishes to the contrary, the one-day spike in business isn’t going to actually reverse the trajectory of a failing local business.

But what we can do is make it very, very appealing to walk in some shop’s door exactly once. Maybe the mob likes it and goes again, maybe the mob whips out their smartphones and leaves a hundred scathing reviews on Yelp before they’ve even left the building –that’s totally up to the whim of the mobbers and we wouldn’t have it any other way. However, in the same way that a store will hand out coupons or give away samples so customers will give them a shot, Cash Mobs can motivate the locally-minded into a store they might not have otherwise checked out (see “appeal of partying”). And like any other loss-leader, this just might mean a whole bunch of newly-minted repeat customers –something that actually can move a local biz into the black.

But wait, there’s more.

Now when other might-be entrepreneurs in town catch wind of their mobbing neighbors’ open-minded, ‘try anything once’ approach to fledgling enterprises you can sure bet they’ll be more inclined to taking the plunge and set up shop.

And that’s when the magic happens. Cue the chairman of the Federal Reserve…

Ben Bernanke: “Small businesses are central to creating jobs in our economy; they employ roughly one half of all Americans and account for about 60 percent of gross job creation, newer small businesses, those less than two years old, are especially important: Over the past 20 years, these start-up enterprises accounted for roughly one quarter of gross job creation even though they employed less than 10 percent of the workforce.”

Tim Kane, senior fellow at the Kauffman Foundation: “Start-ups are responsible for all net job growth in the U.S. economy. During years of recession, net job losses grow at existing firms—those a year and older—while job creation at start-ups stays stable. Start-ups create an average of 3 million new jobs annually, all other ages of firms, including companies in their first full years of existence up to firms established two centuries ago, are net job destroyers, losing 1 million jobs net combined per year.”

When you support the local guys they stick around. And as the Cash Mob swells and word of this “give ‘em a shot” attitude spreads, new businesses and jobs pop up.

So Mob in your town. Help businesses survive and thrive in your town. And watch as the elusive job fairy is lured – you guessed it – to your town.

If you buy it, they will come.

The Dying 1st Amendment – US ad firms attempt to censor the Occupy Movement

The Occupy movement is about a week away from its third anniversary. A big part of the reason the movement is going strong is because of the financial contributions from people who share the same sentiment. OWS sought the services of AdBackers.com, a website that helps launch grassroots campaigns. Sergey Barr, founder of AdBacker.com, gives us his firsthand account with the US government trying to censor the OWS ads.

#OWS: From the Street to Foreclosed Homes

Thom talks with journalist, Sarah Seltzer and Deputy Director of the Alliance of Californians for Community Empowerment, Christina Livingston about the protesters of Occupy Wall Street‘s decision to shift their focus from occupying city streets to occupying the homes of people at risk of foreclosure.

Law and Order:#OWS – NYPD Overwhelmed by Occupy Wall Street Protesters and the Cops Retreat

Protesters march on New York Stock Exchange on two-month anniversary of Occupy Wall Street. Outnumbered police are surrounded. Motorcycle cops retreat with nowhere else to go.

Confirmed:Oakland Police Officers infiltrate Occupy Oakland (Updated)

With the success of the Occupy Wall Street, it was only a matter of time until various groups would try to infiltrate the movement.  At the Occupy Oakland protest, not only do we have concrete proof of this infiltration…  The actual Police officer has come forward to respond to these allegations.

Are the Oakland Police members or infiltrators of OWS Oakland

This is Oakland Police Officer Fred Shavies responding to a recent Copwatch video produced about police infiltration at Occupy Oakland. The Copwatch video was produced by Jacob Crawford with assistance from Ali Winston and Josh Wolf. Justin Warren interviewed Officer Fred Shavies separate and independently