Obama: Occupy Wall Street ‘Not That Different’ From Tea Party Protests. Oct 18, 2011 1:09pm President Obama, who has become a target of the Occupy Wall Street protests sweeping the country, today embraced the economic frustration voiced on the streets and said in an exclusive interview with ABC News that his vision for the U.S. economic system is best suited to resolve protesters’ concerns.
“I understand the frustrations being expressed in those protests,” Obama told ABC News senior White House correspondent Jake Tapper in the interview to air this evening on ABC News “Nightline” from Jamestown, N.C. Sen. Levin unveils the Stop Tax Haven Abuse Act. Conservative Reaction. Make Wall Street Fund America. The giant cries of protest sweeping across the country are starting to reverberate in the halls of Congress.
Senator Tom Harkin (D-IA) and Representative Peter DeFazio (D-OR) are proposing a Wall Street Tax. Their bill would establish a tiny financial transaction tax of 0.03% on every single trade of stocks, bonds, options, futures, swaps, and credit default swaps. I think this is a great idea, and Congress should pass the bill. Rebuild the Dream and MoveOn.org started a petition so you can show support for the Wall Street Tax. Lobbying Firm Memo To Advise Wall Street Clients On Occupy Movement. WASHINGTON -- A lobbying firm has prepared a memo offering advice to its Wall Street clients to help them manage any political fallout from Occupy Wall Street, warning that Republicans may turn on big banks, at least in public, altering the political ground for years to come.
It is one of the first clear signs that the movement may be starting to trouble the moneyed elite. The memo, first reported by MSNBC's Chris Hayes, host of the show "Up with Chris Hayes," was written by the firm Clark, Lytle, Geduldig, Cranford and addressed to one of its Wall Street clients. It runs four pages long and is set to be sent on Thanksgiving. How Republicans are being taught to talk about Occupy Wall Street. Protesters form a wall of signs at the Occupy Portland camp in downtown Portland, Oregon.
(AP) ORLANDO, Fla. -- The Republican Governors Association met this week in Florida to give GOP state executives a chance to rejuvenate, strategize and team-build. But during a plenary session on Wednesday, one question kept coming up: How can Republicans do a better job of talking about Occupy Wall Street? "I'm so scared of this anti-Wall Street effort. I'm frightened to death," said Frank Luntz, a Republican strategist and one of the nation's foremost experts on crafting the perfect political message. Clay Shirky: Republicans coached on tal... Duncan Calls for Urgency in Lowering College Costs. The characterized Mr.
Duncan’s remarks, at a Las Vegas conference of college financial aid workers, as the start of a “national conversation” about high costs, which have prompted raucous protests across the country and ignited an angry push among some borrowers demanding debt forgiveness, federal grants and interest-free loans. The department used the opportunity to call attention to steps the Obama administration had taken to reduce the net price that students and families pay for higher education and make it easier to repay . But it was clear that the administration was taking heed of the rising furor over tuition increases, and a growing online debate about how much a college degree is worth at a time when few jobs are available for graduates. “Three in four Americans now say that college is too expensive for most people to afford,” Mr.
Duncan said. College seniors with loans now graduate with an average debt load of more than $25,000. Even as college has become more expensive, Mr. Ron Paul Defends The 99 Percent: 'It's A Very Healthy Movement' By Scott Keyes on December 5, 2011 at 10:37 am "Ron Paul Defends The 99 Percent: ‘It’s A Very Healthy Movement’" Though most Republican presidential candidates make a point of trashing the 99 Percent Movement in an attempt to earn favor among far-right voters, Rep.
Ron Paul (R-TX) had kind words for the popular movement recently. Obama: I can’t comment on Wall Street prosecutions. (updated below) President Obama was interviewed by 60 Minutes‘ Steve Kroft last night.
Kroft mentioned a new poll showing that 42% of Americans believe Obama’s policies most favor Wall Street rather than average Americans (only 35% believe the opposite). Kroft speculated that this was due in part to the fact that, as he put it, “there’s not been any criminal prosecutions of people on Wall Street,” and then asked Obama whether he was “disappointed” with that development. Obama replied: I can’t, as President of the United States, comment on the decisions about particular prosecutions. If only that were what President Obama really believed and how he actually comported himself. STEPHANOPOULOS: Final quick question.
The following day, Obama’s White House Press Secretary, Robert Gibbs, announced that the President’s opposition to prosecutions includes Bush lawyers who authorized torture: Just another WordPress site. Occupy's Next Target: The Iowa Caucus. Occupy Iowa Caucus On October 22, more than 100 Occupy Iowa activists gathered outside President Obama's campaign headquarters in Des Moines to protest his failure to stand up for the 99 percent.
