Subject: Re: [GlobalRevolutionMedia]_Fwd:_[OWS_PR]_PRESS_RELEASE_ -_DIRECT_ACTION:_On_11-3_Occupy_Wall_Street_to_hold_People ’s_Hearing_of_Goldman_Sachs_in_Liberty_Square
From: lio spiegler
Date: Wed, 26 Oct 2011 23:16:06 -0400
To: globalrevolutionmedia@googlegroups.com

regardless of GS's role in this crisis, the above document reads like
a prelude to a Stalinist public trial or a French Revolution public
execution.

if we want to instate a fair process, and one that would encourage
other corporations, economic experts, and politicians to come and talk
to us, we should create a ROUND TABLE DISCUSSION with all parties and
treat everyone as equal. at the end of the day, we are all in this
together and only if we act like a single unit with everybody do we
have a chance of establishing a better society for us and our
children.

we need to care about everyone. the fact that the 1% has heretofore
not done this is further proof to the necessity of instilling such
practices and such values. we should sit around the table like a
family where each member cares more about the welfare of the other
people around the table because they understand that the other's
happiness is his/her happiness. we are interdependent and that's not a
poetic statement.

should anyone find this relevant, I would gladly provide a sample for
the rules of the round table.

together!

On Wed, Oct 26, 2011 at 10:06 PM,  <at@alex-tufel.com> wrote:
I take it that it's 10:00 A.M. ?
                                                                Alex


-------- Original Message --------
Subject: [GlobalRevolutionMedia]_Fwd:_[OWS_PR]_PRESS_RELEASE_
-_DIRECT_ACTION:_On_11-3_Occupy_Wall_Street_to_hold_People
’s_Hearing_of_Goldman_Sachs_in_Liberty_Square
From: DMS <davidscameracraft@gmail.com>
Date: Wed, October 26, 2011 12:09 pm
To: globalrevolutionmedia@googlegroups.com

From PR

---------- Forwarded message ----------
From: Ryan B <aspen1777@gmail.com>
Date: Wed, Oct 26, 2011 at 12:06 PM
Subject: [OWS PR] PRESS RELEASE - DIRECT ACTION: On 11-3 Occupy Wall Street
to hold People’s Hearing of Goldman Sachs in Liberty Square
To: pr-working-group@googlegroups.com






PRESS RELEASE
FOR IMMEDIATE RELEASE
Media Contact: Zak Solomon
Phone: 510-520-4115



Occupy Wall Street to hold People’s Hearing of Goldman Sachs
Participants to include Cornel West and Chris Hedges

             Liberty Square, New York – Thursday, November 3, 2011

On November 3rd, the People, the 99 percent, will hold A People’s Hearing of
Goldman Sachs in Liberty Square Park.  The people will demand accountability
from perhaps the single most egregious perpetrator of economic fraud and
corruption in the United States. The Hearing will include testimonials from
individuals directly affected by Goldman’s fraudulent manipulation of
financial markets, including victims of housing foreclosures, pension
losses, public lay-offs and untenable student debt.
The proceedings will also include expert analysis from Cornel West and Chris
Hedges. Following the 99-minute hearing the people will decide on a fair and
deliverable verdict via our own process of consensus-based direct democracy
– and we intend to deliver it ourselves – to the headquarters of Goldman
Sachs at 200 West Street, eight blocks from Liberty Square.  We will ask for
something our judicial and legislative systems have so far failed to deliver
– the return of billions of taxpayer dollars to the 99 percent and criminal
sentences for those Goldman Sachs executives who carried out the fraud.  The
event will be broadcast live via the Occupy Wall Street Livestream, among
other public media outlets.
The People’s Hearing will examine the collapse of regulations and political
and economic controls that permitted Goldman Sachs to loot the U.S.
Treasury.  It will look at how we came to live in a country where it became
impossible to vote against the interests of Goldman Sachs. It will ask why
Goldman Sachs was allowed to enrich itself not only at the expense of
millions of small investors but through its control of the bailouts and the
regulatory process.  It will demand to know why Goldman Sachs, one of the
prime culprits in the destruction of the global economy, is permitted to
continue to bankrupt countries such as Greece, creating massive human
suffering, without oversight or control. The People’s Hearing will finally
give Goldman Sach’s victims a voice.
Rolling Stone columnist Matt Taibbi described Goldman Sachs as “a great
vampire squid wrapped around the face of humanity, relentlessly jamming its
blood funnel into anything that smells like money."
The broad outlines of Goldman Sachs’ massive fraud are well documented.  It
put together a collaterized debt obligation (CDO) from mortgage-backed
securities that the company assumed would fail.  It sold these CDOs as
assets and secure investments to pension and mutual funds as well as
institutions and banks while betting against them through credit default
swaps (CDS).  A credit default swap, or CDS, is an insurance policy where
the issuer makes up a loss if an asset goes bad.  Goldman Sachs, in essence,
sold toxic garbage to investors and when this garbage was exposed as
garbage, wiping out tens of millions of individual investors who had put
away money for retirement or college, Goldman Sachs raked in money from
insurers.  AIG, which insured these worthless CDOs, lacked sufficient funds
to pay Goldman Sachs during the financial meltdown of 2008, a meltdown that
evaporated some $ 40 trillion in worldwide wealth.  Goldman Sachs, with
numerous former officials ensconced in the Treasury department and
government, simply looted the U.S. Treasury to pay itself.  And they are
sitting on our money to this day.
The firm has committed numerous acts of fraud that extend beyond our shores.
 Goldman Sachs was instrumental in helping Greek authorities hide its
mounting government budget deficit by selling swaps to the Greek government
in return for future revenue streams.  The Greek government was able through
this arrangement to mask the loan which would have raised its budget deficit
above euro zone limits.  The sleights of hand now threaten to see Greece go
into default and could trigger a massive banking crisis through Europe.  The
crisis has seen the Greek government unleash draconian austerity measures
that are taken out on the backs of students, the poor and the working
class.  Goldman Sachs is a global criminal syndicate.
Goldman Sachs, while its victims suffer from foreclosures and bankruptcy,
has set aside $ 10 billion in compensation and bonuses for its chief
executives this year. These bonuses are being paid out even as Goldman Sachs
dismissed 1,300 employees with another 1,000 employees expected to lose
their jobs by the end of the year.  No one is safe from our oligarchic
elite, not even the underlings at Goldman Sachs.  We invite the newly
unemployed from Goldman Sachs to join us.
The median paycheck in the United States, even while these corporate heads
pulled in salaries that often equate to $ 900,000 an hour, fell by 1.2
percent to $ 26,364.  The number of poor and unemployed is swelling while
the number of Americans making $ 1 million or more climbed to 94,000, a 20
percent increase from 2009.  Corporate profits now account for 88 percent of
all income growth while wages account for 1 percent.  The top one percent
has, through fraud and the corporate control of the judiciary and regulatory
agencies, accounted for about half of all income growth since the 1970s.
How is it possible that in a democracy the bottom 99 percent sees only half
of economic growth?  How is it possible that the economy does not work on
behalf of the 99 percent?  How is it possible that financial swindlers and
liars continue to run our economy and our government?
Come with us on November 3.  It is time the 99 percent heard the facts and
headed down to the corporate headquarters of Goldman Sachs to demand
restitution and accountability.

Outline of Event:
Date:               November 3rd, 2011
Time:               10:00-11:39
Location:         Liberty Square (or TBA)
Schedule:        09:45   Guests and Panel are seated
                        10:00   Introduction to A People’s Hearing, Dr.
Cornel West
                        10:10   Opening Statement, Chris Hedges
                        10:20   Witness Testimonials
                        11:20   Closing Statement
                        11:30   Proposal of Verdict
                        11:39   A Call to Action


Participants to include Cornel West and Chris Hedges

             Liberty Square, New York – Thursday, November 3, 2011

On November 3rd, the People, the 99 percent, will hold A People’s Hearing of
Goldman Sachs in Liberty Square Park.  The people will demand accountability
from perhaps the single most egregious perpetrator of economic fraud and
corruption in the United States. The Hearing will include testimonials from
individuals directly affected by Goldman’s fraudulent manipulation of
financial markets, including victims of housing foreclosures, pension
losses, public lay-offs and untenable student debt.
The proceedings will also include expert analysis from Cornel West and Chris
Hedges. Following the 99-minute hearing the people will decide on a fair and
deliverable verdict via our own process of consensus-based direct democracy
– and we intend to deliver it ourselves – to the headquarters of Goldman
Sachs at 200 West Street, eight blocks from Liberty Square.  We will ask for
something our judicial and legislative systems have so far failed to deliver
– the return of billions of taxpayer dollars to the 99 percent and criminal
sentences for those Goldman Sachs executives who carried out the fraud.  The
event will be broadcast live via the Occupy Wall Street Livestream, among
other public media outlets.
The People’s Hearing will examine the collapse of regulations and political
and economic controls that permitted Goldman Sachs to loot the U.S.
Treasury.  It will look at how we came to live in a country where it became
impossible to vote against the interests of Goldman Sachs. It will ask why
Goldman Sachs was allowed to enrich itself not only at the expense of
millions of small investors but through its control of the bailouts and the
regulatory process.  It will demand to know why Goldman Sachs, one of the
prime culprits in the destruction of the global economy, is permitted to
continue to bankrupt countries such as Greece, creating massive human
suffering, without oversight or control. The People’s Hearing will finally
give Goldman Sach’s victims a voice.
Rolling Stone columnist Matt Taibbi described Goldman Sachs as “a great
vampire squid wrapped around the face of humanity, relentlessly jamming its
blood funnel into anything that smells like money."
The broad outlines of Goldman Sachs’ massive fraud are well documented.  It
put together a collaterized debt obligation (CDO) from mortgage-backed
securities that the company assumed would fail.  It sold these CDOs as
assets and secure investments to pension and mutual funds as well as
institutions and banks while betting against them through credit default
swaps (CDS).  A credit default swap, or CDS, is an insurance policy where
the issuer makes up a loss if an asset goes bad.  Goldman Sachs, in essence,
sold toxic garbage to investors and when this garbage was exposed as
garbage, wiping out tens of millions of individual investors who had put
away money for retirement or college, Goldman Sachs raked in money from
insurers.  AIG, which insured these worthless CDOs, lacked sufficient funds
to pay Goldman Sachs during the financial meltdown of 2008, a meltdown that
evaporated some $ 40 trillion in worldwide wealth.  Goldman Sachs, with
numerous former officials ensconced in the Treasury department and
government, simply looted the U.S. Treasury to pay itself.  And they are
sitting on our money to this day.
The firm has committed numerous acts of fraud that extend beyond our shores.
 Goldman Sachs was instrumental in helping Greek authorities hide its
mounting government budget deficit by selling swaps to the Greek government
in return for future revenue streams.  The Greek government was able through
this arrangement to mask the loan which would have raised its budget deficit
above euro zone limits.  The sleights of hand now threaten to see Greece go
into default and could trigger a massive banking crisis through Europe.  The
crisis has seen the Greek government unleash draconian austerity measures
that are taken out on the backs of students, the poor and the working
class.  Goldman Sachs is a global criminal syndicate.
Goldman Sachs, while its victims suffer from foreclosures and bankruptcy,
has set aside $ 10 billion in compensation and bonuses for its chief
executives this year. These bonuses are being paid out even as Goldman Sachs
dismissed 1,300 employees with another 1,000 employees expected to lose
their jobs by the end of the year.  No one is safe from our oligarchic
elite, not even the underlings at Goldman Sachs.  We invite the newly
unemployed from Goldman Sachs to join us.
The median paycheck in the United States, even while these corporate heads
pulled in salaries that often equate to $ 900,000 an hour, fell by 1.2
percent to $ 26,364.  The number of poor and unemployed is swelling while
the number of Americans making $ 1 million or more climbed to 94,000, a 20
percent increase from 2009.  Corporate profits now account for 88 percent of
all income growth while wages account for 1 percent.  The top one percent
has, through fraud and the corporate control of the judiciary and regulatory
agencies, accounted for about half of all income growth since the 1970s.
How is it possible that in a democracy the bottom 99 percent sees only half
of economic growth?  How is it possible that the economy does not work on
behalf of the 99 percent?  How is it possible that financial swindlers and
liars continue to run our economy and our government?
Come with us on November 3.  It is time the 99 percent heard the facts and
headed down to the corporate headquarters of Goldman Sachs to demand
restitution and accountability.

Outline of Event:
Date:               November 3rd, 2011
Time:               10:00-11:39
Location:         Liberty Square (or TBA)
Schedule:        09:45   Guests and Panel are seated
                        10:00   Introduction to A People’s Hearing, Dr.
Cornel West
                        10:10   Opening Statement, Chris Hedges
                        10:20   Witness Testimonials
                        11:20   Closing Statement
                        11:30   Proposal of Verdict
                        11:39   A Call to Action

















-- Our job is to find love within us, each and every day
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