Author: has written 94 posts for this blog.

http://www.feministe.us/blog/archives/2007/12/10/and-this-is-the-part-where-i-stumble-in-kinda-late/
Return to: Homepage | Blog Index

18 Responses

  1. righteous new yorkers on their way to jail. with their fists in the air. | get angry WITH me!

    [...] i didn’t think so either. feministe has a great writeup of the whole confrontation, including names and links to the organizations that [...]

  2. Natalia
    Natalia February 4, 2009 at 6:37 am |

    Tarred and feathered for reals? Lol, I know it’s just an expression, but since the biggest fat cats can afford security detail, anyone getting, say, a pie thrown in their face would most likely be some guy who commutes into the city for the benefit of the 2.5 kids whose college fund just evaporated (although Bill Gates did get pied once, so in the words of Aleksey Vayner – “impossible is nothing”).

    I was glad to see that this protest happened, and how on-target it was. A lot of the response to what has been happening in this country, as well as abroad, has been tone deaf. People still think that someone flashing her or his investment credentials is going to be looked upon as a guru and a god in today’s times. Not so. People are losing their homes and jobs, for God’s sake. Some never had homes and/or jobs to begin with, but were basically rendered invisible, because times were “good” – and who wants reality to spoil their fun?

    The fact that Bloomberg won’t meet with the likes of Picture the Homeless is very telling. It’s almost as if, to him, the homeless are not supposed to exist in a city like New York. At best, they are viewed as a nuisance – like pigeons – but certainly not human beings. This attitude is not unique to Bloomberg, but it does shape the zeitgeist. Of course, I’m not a New Yorker, but reading about ya’ll’s Mayor over the years has given me that impression.

    At the core, I think how this whole crisis thing started is fairly simple – people were borrowing sums they can’t afford, because other people thought they could make a quick buck out of their cluelessness, while the credit-obsessed culture drove the entire thing forward. And now the reverberations have taken on a life of their own. Obviously, there’s more nuance to this – I recently saw a really cool PowerPoint, dreamed up by a few disgruntled businessmen, over how bad loans were being essentially sold to investors who had no clue. Well, it was funny, but it was also pretty much heartbreaking – as to the ruthlessness of it all. It’s the most vulnerable who are being hit, after all, the PP mentioned communities of retirees who had pooled their savings together just to be screwed over by the guys on Wall Street or elsewhere.

    Holly, may I recommend an interview with John Kay that we just did on our site? Kay’s not a leftist, so I don’t know if you would be interested personally, but maybe someone else might find it useful? John Kay has a great point about how so many academic financial models just do not work in the real world – because they are dreamed up in an environment that doesn’t account for the actual financial reality. They’re too abstract.

    Anyway, sorry for the long comment. It’s lunch-time here and I’m sick in bed. :(

  3. Daomadan
    Daomadan February 4, 2009 at 11:22 am |

    Natalia said it all! What a powerful protest and I hope more continue to happen across the country to get the point across that people suffering in this economy aren’t going to let those in power get away with $249 dollar a seat luncheons while people starve as they lose their jobs and homes.

  4. Jack
    Jack February 4, 2009 at 11:51 am |

    Quick update: the folks who were held at the Midtown jail have been released. No word on the 2-3 people who were being held at 100 Centre St or whether the charges against them were dropped.

  5. gotard
    gotard February 4, 2009 at 12:41 pm |

    this actually took place in Daniel R. Garodnick’s
    District 4: 212-818-0580

  6. marq
    marq February 4, 2009 at 5:45 pm |

    All folks are out. The last 3 of the “RTTC 8″ were arraigned at about 3:30pm. The whole group will be in court on March 13. Thanks for the coverage!

  7. Jaron
    Jaron February 4, 2009 at 8:48 pm |

    Everyone’s released. One of the last to be released from 100 Centre street is back to work at the cubicle next to me (who says organizers don’t work hard?).

    here’s footage of what went on outside of the of the ballroom:

    http://www.nbcnewyork.com/news/local/Protesters-Interrupt-Mayor-Blombergs-Speech.html

    The crazy looking dude with the dreds (me) constantly says feminism saved his life :)

  8. anonymous
    anonymous February 4, 2009 at 10:25 pm |

    Remember what the East Germans yelled during the Monday demonstrations in the late 80′s? “We are the people!”

  9. catfood
    catfood February 5, 2009 at 11:18 am |

    Oh god, I hate to sound like a concern troll, I honestly don’t mean it, but… I don’t think that was a very good protest. It looked as though the protestors were expecting to be dragged out before getting a chance to say anything. Instead, they had the floor for a minute or two and failed to deliver a demand or an opinion of substance. Unless visibility is an agenda in itself. Is that what the demonstration was for?

    On the up side, I admire anyone who disrupts business as usual, if the cause is just. That was cool.

  10. Natalia
    Natalia February 5, 2009 at 12:02 pm |

    But Holly! Everyone knows that poor people are dumb! Why ELSE would they be so poor, huh, huh? If anyone lets them into fancy meetings, they’ll blow their noses on the tablecloth before making off with the silverware! Not to mention all the poor people cooties they’ll spread around! Gross!

    ………..

    ………………….

    (yes, the above was sarcasm. in case you are wondering)

  11. Yolanda C.
    Yolanda C. February 5, 2009 at 1:10 pm |

    Does Bloomberg not remember that it was “rich people” and “profitable businesses” who screwed up the economy in the first place? And he thinks people are wrong to be upset about city officials having $250-a-plate dinners with these “profitable” rich folk to decide the “future of New York?” Who would want these idiots running the city—I wouldn’t trust these guys to get me a soda from the store without stealing the change!

    I mean, why is there any argument about this simple fact—it looks really freaking bad for corporations who begged for public dollars to be spending it on shit they neither need nor can afford. Bonuses, corporate jets, exclusive banquets? Seriously, when people are losing jobs, getting evicted and freezing to death in their homes? Even Obama had to call Wall Street out yesterday! What is it going to take for corporate America to get it?

  12. anon
    anon February 5, 2009 at 1:28 pm |

    There is a mist blowing into our society and it smells and sounds like the French revolution.

    Thanks for posting this video. What else can we expect from a billionaire? He wants to overturn term limits to keep the status quo. And how can he even bring up the 1970s of NYC? His logic is so flawed – we should be happy because things have been worse? And the tried and workable 9/11 analogy. The bottom line is the ultra-wealthy are completely disconnected from most people. Unfortunately, the media and entertainment industry has been glorifying them for the past decade. But in economic downturns people wake up.

  13. MikeF
    MikeF February 5, 2009 at 1:33 pm |

    Democracy looks like interrupting a dude talking about affordable housing to chant a meaningless slogan for two minutes?

  14. catfood
    catfood February 5, 2009 at 5:09 pm |

    Holly, thanks for the further exposition in #10. It does make more sense with the background you provided.

  15. MikeF
    MikeF February 5, 2009 at 5:18 pm |

    Holly, I just don’t get what could possibly be considered undemocratic about an elected public official having a public discussion with business leaders, journalists and professors at a public university. It would be nice if Bloomberg met with more advocacy groups for disadvantaged folks. I would support a polite or clever protest to that effect. But the democracy slogan was meaningless and the opposite of enlightening; and the boorish tactic of shouting over someone makes people feel embarrassed for the protestors rather than their target.

  16. dem
    dem February 5, 2009 at 9:33 pm |

    I hate when people talk about it because it is almost always steeped in some classist form against rich AND poor. “Those evil, rich businessmen should have known that the poor and upwardly-mobile-middle class couldn’t pay back those loans!” I seriously don’t think we need to be attacking them for giving out loans to those who were high risks but how they did it without proper security. They waved their hands to make the loans look better to the people buying “Get this really great interest rate with no credit check!” and never saying that in the future that great rate will skyrocket.

    It is sad that whenever anyone talks about it they always talk about how they gave loans to people that they shouldn’t. I feel bad for the people who were finally able to get that loan but lost it for whatever reason and now are even worse off with no home and even less access to credit. I believe that it will be a long time until credit will be available in the lower income brackets again because of this.

Comments are closed.