Tag Archives: 99%

Wet Seal closes stores without notice, screws employees, gives CFO a $95,000 raise

With the holiday shopping season now behind us, the struggling clothing retailer Wet Seal made a move this weekend to quietly close several of their stores. They did so with practically no notice, leaving many of their long-time employees without jobs, and no way to pay their bills. These employees, understandably, are none too pleased. […]

Posted in Corporate Crime, Economics, Mark's Life, Uncategorized | Also tagged , , , , , , , , , , , , , , , , | 44 Comments

Robert Reich on income inequality, his new film, and the need to get money out of politics

For those of you without access to public television, Bill Moyers celebrated the fifth anniversary of “the fiscal meltdown that almost tanked the world economy” a few days ago by speaking with my hero, former Secretary of Labor Robert Reich about wealth inequality in the United States, and his soon-to-be-released documentary film Inequality for All. […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , | 8 Comments

The Rolling Jubilee launches Thursday with a telethon, and ambitious plans to buy and forgive millions of dollars in debt

One of the beautiful things about the Occupy movement is how it keeps evolving. What started as a sea of wiggly fingers in a New York City park, has, in a relatively short period of time, spread across the country, adapting as it does so, in order to meet the needs of local communities. Here […]

Posted in Economics | Also tagged , , , , , , , , , , , , , , , , , | 27 Comments

Occupy teach-in this Saturday afternoon at Woodruff’s…. Ideas for Ypsi’s occupation abound

[The following missive must have been slipped into my pocket this evening as I made my way down Michigan Avenue with my dog.] The State Capitol of Art and Activism by Occupy Ypsilanti What do GoldmanSachs, Jerry Sandusky, Michael Bloomberg, McDonald’s, Rick Snyder, The Gap, Nestle, Major League Baseball, and Mary Sue Coleman have in […]

Posted in Other, Politics, Uncategorized, Ypsilanti | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 34 Comments

“The Super Committee failed: We have a solution…”

Yesterday, a group of people associated with the Occupy group in Washington, D.C. took out a full page ad in the San Francisco Chronicle, declaring that, as the Deficit Reduction Super Committee had failed, they had some ideas to offer as to how we might create jobs, reduce the wealth divide and control spending. Their […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments

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