Cromag's Blog – October 2011 Archive (4)

I was at an event on the Upper East Side last Friday night when I got to talking with a salesman in the media business. The subject turned to Zucotti Park and Occupy Wall Street, and he was chuckling about something he'd heard on the news.

"I hear [Occupy Wall Street] has a CFO," he said. "I think that's funny."

"Okay, I'll bite," I said.…

-By Glenn Greenwald

As intense protests spawned by Occupy Wall Street continue to grow, it is worth asking: Why now? The answer is not obvious. After all, severe income and wealth inequality have long plagued the United States. In fact, it could reasonably be claimed that this form of inequality is part of the design of the American founding -- indeed, an integral part of it.

Income inequality has worsened over the past…

A Few Companies Have Power Over Most of the Real Economy

The idea that the few dominate the many will not come as news to those gathered either to…

On October 3rd, protesters at Occupy Wall Street failed to march. Instead they clumsily lurched. With white painted faces, glazed looks and dollar bills hanging out of some mouths, protesters chanted “I smell money, I smell money…” It was Corporate Zombie Day. Scenes like this and the sight of Guy Fawkes masks, clown suits, drumming circles and surrealistic posters all over the country have left many commentators scratching their heads. Is th…