10-20-2011, 10:24 AM
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#286
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My bookmarks are Reddit and REVscene, in that order
Join Date: Sep 2006
Location: Vancouver
Posts: 4,442
Thanked 13,465 Times in 1,814 Posts
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Quote:
Well, this is sort of a scary story: Marshall Garrett, one of the protesters who was arrested during Saturday’s Occupy Wall Street march for trying to hold a General Assembly in Citibank, told the Village Voice what went down that day. Apparently a plainclothed cop had been very well informed of the situation ahead of time and hidden himself in the crowd.
Here’s what Mr. Garrett told the paper:
But what was unknown to us and to a lot of people that day, including those in Times Square, was that there were undercover cops already there, paid to be disruptive and to be loud. One undercover cop present [at Citi] was louder than the entire group.
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Update: Citibank Protester Talks About Undercover Infiltration In Occupy Wall Street | The New York Observer
Stolen from Reddit.
Quote:
Re-establish and maintain the separation between investment banks and commercial banks. The Glass–Steagall Act kept our country depression free for over 70 years. By maintaining a separation between investment and banking, it allowed banks to effectively serve their clients needs, instead of their own.
It was not until 1999, and the creation of the Gramm–Leach–Bliley Act, that the separation was broken. Within those 12 years, our country has experienced a dot-com bubble and a large financial crisis. Both of these situations where created by commercial banks investing their large quantities of consumer money into speculations. I urge you, President Barack Obama, to bring back sound investment to the United States by re-instating a separation between investment banks and banking.
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White House Petition
https://wwws.whitehouse.gov/petition...banks/ywCMKDfn
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