Wall Street & May Day
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. May Day on May 1 is an ancient northern hemisphere spring festival and usually a public holiday; it is also a traditional spring holiday in many cultures. /5
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A new populist party founded by Occupy Wall Street organizers launched in Detroit over May Day weekend.
Fed taper to boost stocks * The market may continue its upward momentum given that the US Fed’s statement on Wednesday was viewed positively by Wall Street. In addition, the Fed assured that it may keep interest rates at lows for a considerable time. * More first-quarter corporate earnings results should provide sufficient impetus to boost the measure further north. * Investors continued to buy-up blue-chip shares with the earnings season in full swing. * We expect the market to fall prey to profit taking after the month-end window dressing. SHARES could get a boost as Wall Street’s rally Wednesday -- following another cut in the US Federal Reserve’s bond-buying stimulus -- greets investors returning to work after the May Day holiday. The benchmark Philippine Stock Exchange index (PSEi) returned above the 6,700 mark, soaring by 1.08% or 71.46 points to settle at 6,707.91 last Wednesday, before financial markets closed for the Labor Day holiday. The US Federal Open Market Committee concluded its two- ...
Futures traders expect a mildly positive start to Australian trade despite a flat close on Wall Street after a night of mixed economic signals. The June SPI 200 futures contract rallied 12 points or 0.2% to 5446. In the US the Dow closed 22 points or 0.13% lower as traders held off making big bets ahead of tonight's monthly US jobs report. Australia's largest miners extended their declines in US trade, following down legs in Australian action after the Chinese government yesterday announced that factory activity increased less than expected last month. BHP fell 1.6% and Rio Tinto lost 0.79%. Trade in spot iron ore for import to China was suspended yesterday and today for Chinese holidays at US$105.40 a dry tonne. Most European markets were closed for May Day holidays. The Stoxx Europe 600 index edged up 0.18% as Britain's FTSE rallied 0.43%. Oil for June delivery was recently down 50 cents or 0.5% at US$99.24 a barrel after settling at US$99.42. Gold for June delivery was lately off $11.80 or 0.9% at US$1 ...
Tammy Kaplan Am about ½ way through with “The Communist” which is a biography of Frank Marshall Davis. For those who do not know who this man is, he was a card carrying communist and Obama’s mentor – a father figure. Obama uses his ideas to shape his policies. Many liberals today hold him up as a hero to their cause but to others more rooted in the free market he was vile. That he held influence over anyone is a shame. He led many down a path that no patriot would ever walk. To showcase some of the many similarities in his beliefs and Obama’s policies, consider the following: - Rejected and blasted Winston Churchill - Vilified and targeted General Motors, a company he thought should be nationalized - Advocated wealth redistribution from “greedy corporations” - Favored taxpayer funded universal health care - Supported government stimulus and trumpeted the public sector over the private sector - Constantly bashed Wall Street - Marched in May Day parades - Dismissed American exceptionalism and ...
Happy May Day! While the 1% were off buying politicians, Occupy SF celebrated by taking over heart of San Francisco's "Wall Street", Montgomery Street at Mar...
Occupy Wall Street isn't wasting any time post- Spring Awakening and May Day. It is geared up for a full week of actions addressing different issues each day from May 10 to May 15. It is clear that Occupy is working very hard not to lose its spring momentum. The week of action, which has the theme "Another City is Possible, Another World is Possible," arose to combat the ongoing budget cuts in New York City. With the 2013 city budget having come out the first week of May, the week of action is timely, focusing on austerity and measures directly relate to the struggles of the 99 percent. In addition, the week will be punctuated by two global days of action, on May 12 and 15, to tie the local actions into a broader international context.
Tomgram: Noam Chomsky, A Rebellious World or a New Dark Age? Posted by Noam Chomsky at 7:39am, May 8, 2012. If you had followed May Day protests in New York City in the mainstream media, you might hardly have noticed that they happened at all. The stories were generally tucked away, minimalist, focused on a few arrests, and spoke of “hundreds” of protesters in the streets, or maybe, if a reporter was feeling especially generous, a vague “thousands.” I did my own rough count on the largest of the Occupy protests that day. It left Union Square in the evening heading for the Wall Street area. I walked through the march front to back, figuring a couple of thousand loosely packed protesters to a block, and came up with a conservative estimate of 15,000 people. Maybe it wasn’t the biggest protest of all time, but sizeable enough given that Occupy, an organization without strong structures but once strongly located, had been (quite literally) pushed or even beaten out of its camps in Zuccotti Park and ...
I just posted a new "Bobs blog" story about sleeping on the sidewalk in NYC for the May Day strike activities and then dancing most of the next morning in Bryant Park, including with a big mock-up puppet of the Statue of Liberty. That Statue of Liberty is one HOT dancin' Goddess. Check out the story and, especially, the photos of my dancing with her down in the City. Long Live the Revolution, but just make sure the revolution doesn't shut down that Big Multi-National Corporate Behemoth, McDonalds, or where would The Revolutionaries get their cheap breakfast pancakes and non-fair trade coffee? Here's the title and first few paragraphs. To read the rest and, especially, to see the pictures of me dancing in the park with the Statute of Liberty, just click on the link to the blog, below. Title: How I Slept on the Sidewalk near Wall Street and Danced with the Statue of Liberty on May Day in Bryant Park, NYC First few paragrahps: Last Tuesday was May Day. I spent part of the morning dancing with the Statue ...
An estimated 30,000 people took to the streets of Lower Manhattan Tuesday for the largest protest thus far this year. In recognition of May Day, protesters marched from Union Square to Wall Street, b
Rinku Sen, Janet Byrne, Tom Hayden, Billy Talen, Hannah Appel and Manissa McCleave Maharawal: As Occupy regroups after May Day protests across the country, our activist experts weigh in on what it achieved
Had a great May Day marching with my union 1199! 1199 rocks , kept the spirit alive with music and chanting all the way from Union Square to beyond Wall Street. It was a very organized, peaceful and successful march with 100,000 strong, with many unions, supporters and OWS. Power to the People!
In honor of May Day, here's a new version of me entertaining most of the people I spoke to at Zuccotti Park. Produced and edited by filmmaker Shaun Goldin.
Occupy is back and meeting at the Andy Warhol Statue in Union Square. I think that's a fun idea. from *ALL New York City Area General Assemblies will converge on May Day in Union Square at 5:00pm at the Andy Warhol Statue (17th and Broadway) for a impromptu General Assembly, and march together to Wall Street at 5:30PM.
Opening Day for Occupy Wall Street: Act 2Occupy Wall Street protesters plan demonstrations in more than 100 cities, hoping to rekindle the movement after months in relative hibernation Starting Tuesday morning, May Day, the Occupy Movement in 100 cities will begin what it is terming “spring awakenin...
Dear Occupy Wall Street, I have an Idea, Instead of threatening city crippling strikes that prevent people with actual jobs from being able to work why don’t you get off your *** and host a Job Fair and help people find work. You know a Job, the opposite of jobless. How did I celebrate May Day I invested in Goldman Sachs with money I earned from what is commonly referred to as a job.
On Tuesday, May 1st, known as May Day or International Workers Day, Occupy Wall Street protesters hope to mobilize tens of thousands of people across the country under the slogan, "General Strike. No Work. No Shopping. Occupy Everywhere." Events are planned in 125 cities. We speak with leading socia...
The Occupy Wall Street folks are planning rallies or whatever it is that they do for tomorrow ,May 1st! Hm.That's the day that was highly celebrated in the old "communist" Soviet Union. The commies called it May Day. Kinda shows you where these OWS folks are coming from doesn't it "COMRADE!"
Rage Against The Machine guitarist Tom Morello is calling out for 10,000 guitar players to join him at Occupy Wall Street's May Day protest on May 1. Morello, also known as The Nightwatchman, has been very vocal about his support for the Occupy Wall Street movement and his disappointment in the U.S.
Rage Against the Machine guitarist Tom Morello is urging fellow musicians and fans to join him in the May Day General Strike and Occupy Wall Street march in Man
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