"The trouble with Socialism is that sooner or later we run out of other people's money" - Margaret Thatcher
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The New York Daily News writes: Scores of protesters were arrested in Manhattan Saturday as a march against social inequality turned violent.
Hundreds of people carrying banners and chanting "shame, shame" walked between Zuccotti Park, near
Wall St., and
Union Square calling for changes to a financial system they say unjustly benefits the rich and harms the poor.
At least 80 people were carted away in police vehicles and up to five were hit with pepper spray near 12th St. and Fifth Ave., where tensions became especially high, police and organizers said.
The
National Lawyer's Guild, which is providing legal assistance to the protesters, put the number of arrests at 100.
http://www.nydailynews.com/news/national/2011/09/24/2011-09-24_nasty_wall_streetfight_protesters_cuffed_peppersprayed_during_inequality_march.html
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Morgan Freeman, in an interview to be aired on CNN Friday evening, says that President Obama has made racism worse in America.
Chatting with Piers Morgan, the Oscar-winning actor also blames the Tea Party saying they're "going to do whatever [they] can to get this black man outta here” (video follows with transcript and commentary):
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The AP reports: The chief of the New York Police Department says city police could take down a plane if necessary.
Commissioner Ray Kelly tells CBS' "60 Minutes" that after the Sept. 11 attacks, he decided the city couldn't rely on the federal government alone. He set about creating the NYPD's own counter-terrorism unit. He says the department is prepared for multiple scenarios and could even take down a plane.
http://hosted.ap.org/dynamic/stories/U/US_NYPD_60_MINUTES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-09-25-19-59-04-------------------------------------------------------------------------------------------------------------
Yahoo reports on our "Great Divider": In a fiery summons to an important voting bloc, President Barack Obama told blacks on Saturday to quit crying and complaining and "put on your marching shoes" to follow him into battle for jobs and opportunity.
And though he didn't say it directly, for a second term, too.
Obama's speech to the annual awards dinner of the Congressional Black Caucus was his answer to increasingly vocal griping from black leaders that he's been giving away too much in talks with Republicans -- and not doing enough to fight black unemployment, which is nearly double the national average at 16.7 percent.
"Take off your bedroom slippers. Put on your marching shoes," he said, his voice rising as applause and cheers mounted. "Shake it off. Stop complainin'. Stop grumblin'. Stop cryin'. We are going to press on. We have work to do."
Topping the to-do list, he said, is getting Congress to the pass jobs bill he sent to Capitol Hill two weeks ago.
Obama said the package of payroll tax cuts, business tax breaks and infrastructure spending will benefit 100,000 black-owned businesses and 20 million African-American workers.
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The AP reports: Obama said 2012 would be an especially tough election because people are discouraged and disillusioned with government, but he also said he was determined because so much is at stake.
The GOP alternative, Obama said Sunday, is "an approach to government that will fundamentally cripple America in meeting the challenges of the 21st century."
http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-09-25-17-28-31------------------------------------------------------------------------------------------------------------
For more Obama hate speech, the Hill reports: President Obama broadened his attack on Republicans Sunday night, firing an indirect shot at Texas Gov. Rick Perry and condemning audience members at recent Republican debates.
At a fundraiser in San Jose, Calif., Obama said that some in the audience might be former Republicans "but are puzzled by what's happening to that party," and voters should back him if they believe in a "fact-based" America.
"I mean has anybody been watching the debates lately?" Obama said. "You've got a governor whose state is on fire denying climate change.
"It's true. You've got audiences cheering at the prospect of somebody dying because they don't have healthcare. And booing a service member in Iraq because they're gay."
http://thehill.com/homenews/administration/183773-obama-mocks-gop-debates-says-he-stands-for-fact-based-america
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The Washington Times reports: Out of the hundreds of out-of-work employees, vendors, investors and other creditors in the bankruptcy of government-backed solar-panel maker
Solyndra LLC, one name stands out: the
California Democratic Party.
Why
California Democrats would be creditor to a company that received more than a half-billion dollars in federal loans to build a solar-panel plant isn’t clear. Even party officials say they’re not sure.
The
California Democratic Party’s communications director,
Tenoch Flores, said the organization was not owed “any funds in any form” by the California-based company. He said he was unclear why the
party would be listed as a creditor in
Solyndra’s bankruptcy filing.
http://www.washingtontimes.com/news/2011/sep/25/bankrupt-solyndras-curious-creditor/
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The Politico reprorts: The campaign for Democratic Senate hopeful Elizabeth Warren said Friday she had been paid $192,722 for serving as chairman of a congressional committee that monitored the 2008 federal bank bailout, three times as much as had originally been acknowledged.
The Warren campaign revised the figure following a
POLITICO report on Thursday highlighting the fact that the Congressional Oversight Panel, which oversaw the TARP program, has not publicly disclosed exactly how it spent $10.5 million on salaries, travel, consultants and other expenses. Warren said she now supports public access to the oversight panel’s records, though her campaign wouldn’t say if she plans to actively push to open up the records
Warren testified during a Dec. 10, 2008, hearing of the House Financial Services Committee that she considered her role as chairman of the TARP oversight panel “a part-time job,” as did its other members.
Warren filed her Senate candidacy on Aug. 19, but she has not released a financial disclosure form required of all House and Senate candidates. Candidates are required to do so within 30 days of formally entering a congressional race.
Warren, a highly respected lawyer and Harvard University professor, submitted financial disclosure reports with Congress from 2008-10 for her role at the TARP oversight panel.
She was paid more than $347,000 annually for her work at Harvard, plus another $53,428 in royalties, according to a disclosure report filed in May 2009. Warned earned more than $116,000 as a legal consultant, and other $25,000 doing research for the Consumers Union, a non-profit group in Yonkers, N.Y.
Read more:
http://www.politico.com/news/stories/0911/64306.html#ixzz1YsL1gI9F -------------------------------------------------------------------------------------------------------------
Among the biggest recipients on the Department of
Energy's controversial list of loans to renewable energy companies like the failed Solyndra Inc. are a number of non-U.S. firms whose big-ticket energy projects will cost taxpayers billions of dollars -- but will generate no more than a few hundred permanent U.S. jobs.
Some of the companies employ complex solar technologies that cost more than twice as much as any other land-based renewable system, including nuclear.
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