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At Occupy Wall Street, People's Trial of Goldman Sachs Set for Nov 3
The Inner City Press ^ | October 22, 2011 | Matthew Russell Lee

Posted on 10/22/2011 9:25:01 PM PDT by 2ndDivisionVet

As it got colder in Lower Manhattan on October 22 the Occupy Wall Street meeting of the General Assembly considered a proposal for a people's tribunal against Goldman Sachs, for November 3. While other proposals were confronted by blocks, a form of quasi veto, this one passed by consensus.

A block away JPMorgan Chase stood surrounded by fencing and police. It has been the subject of a number of marches from Zuccotti Park, but Goldman Sachs until now as escaped direct action. Goldman does not offer regular bank accounts or student loans, although it trades in both, and in the predatory subprime mortgages which triggered the global financial meltdown.

At Occupy Wall Street solidarity events in Philadelphia, banks including the prospective fifth Too Big To Fail institution Capital One were denounced. But Goldman Sachs' will be the first people's tribunal. How will it proceed?

Meanwhile the former CEO of Citibank blathered that the Occupiers should forget about the past and just look forward -- triggering responses that one should be this logic empty out the prisons.

Bank of America was described as moving risky derivative into its FDIC-insured bank, putting the American people further at risk.

Goldman itself defunded its previous fundee, the Lower East Side People's Federal Credit Union -- where Inner City Press has been a customer -- because it dared invited OWS to one of its events.

But the indictment of Goldman will go well beyond being a so-called Indian giver. Its roll in securizing predatory loans make it a criminal, which until now has bought immunity. Watch this site.

Footnote: beyond the Goldman Sachs proposal, the October 22 OWS General Assembly spent much time on budget proposals, including one by the "People's Library" for $600 for a 60 foot by eight foot tent and $1000 a week. This was met by a request for a block, on the basis that "blank checks" aren't good.

Addressing budgetary questions in the short phrases suited to unamplified "mic check" meetings meant that it took a lot of time, which one moderator called "revolutionary" and most seemed to respect. But onward to Goldman Sachs!


TOPICS: Heated Discussion
KEYWORDS: goldmansachs; occupy; occupywallstreet; ows
So a pack of trustafarians, hippies and homeless are going to have a "people's tribunal" in a park? To what end?
1 posted on 10/22/2011 9:25:09 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Probably won’t be long until the fleabags drag in their guillotines. These commie freaks are a bunch of drama queens.


2 posted on 10/22/2011 9:27:09 PM PDT by FlingWingFlyer (Stop Government Greed Now!!!!)
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To: 2ndDivisionVet

Let it snow, let it snow, let it snow ...


3 posted on 10/22/2011 9:29:01 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: 2ndDivisionVet

And, what percent of it’s total political contributions did Goldman give to OBOMBA????


4 posted on 10/22/2011 9:53:53 PM PDT by goodnesswins (My Kid/Grandkids are NOT your ATM, liberals! (Sarah Palin))
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To: goodnesswins

That'll put a crimp in the ole fund raising

5 posted on 10/22/2011 10:10:48 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: 2ndDivisionVet

It’s a fight between a rat and a snake, as far as I’m concerned.


6 posted on 10/22/2011 10:12:38 PM PDT by ElectronVolt
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To: 2ndDivisionVet

Waiting for the Occupuppys to put Soros on trial.


7 posted on 10/22/2011 10:52:42 PM PDT by Blado (Beat Bambi with a Cain! Hermanate with Extreme Prejudice! Yes, We Cain!)
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To: All

8 posted on 10/23/2011 12:07:07 AM PDT by onyx (You're here on FR, so support it! Compiling New Sarah Ping List. Let me know if you want on it.)
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