Earlier this month, 85 year old Joan Prum took a stroll down “Main Street,” a precarious pathway of pallets and muddy plywood that divides the main area of Occupied Boston into some 40 tents on one side and about 50 on the other. Although 60 or more years the senior of many protestors, Joan, a [...]
Oct. 15, 2011 5 Comments
Editor’s note: Blast writer John Stephen Dwyer has been staying with Occupy Boston protesters since the beginning of the protest. He has been filing longer stories every few days with breaking news when it happens. Two weeks ago, 300 people illegally seized a portion of the Rose Kennedy Greenway and set up tents. The mayor [...]
Oct. 11, 2011 2 Comments
Yesterday, thousands of people swelled the ranks of Occupy Boston in a march that began at the Boston Common and snaked through various Boston neighborhoods to protest — among other complaints — high unemployment, government malfeasance and corporate greed. Student groups and representatives from local labor unions were well-represented. The throng stopped at several points, [...]
Sept. 2, 2011 Leave a Comment
Oct. 5, 2010 Leave a Comment
NEW YORK–The greatest city in the world has been ordered to stop shouting. On street signs, that is. Following a directive of the Federal Highway Administration, New York City will change its 250,000 street signs from all-caps to lowercase by 2018. This means WALL ST will become Wall St, promoting a softer image for the [...]
Sept. 25, 2010 Leave a Comment
Sept. 23, 2010 3 Comments
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Feb. 5, 2009 Leave a Comment
- Obama limits bailed out bank executive salaries to 500k.
WASHINGTON Ã¢â‚¬â€ In announcing executive pay limits on Wednesday, President Obama is trying to hold the financial industry accountable to taxpayers while aiming to change an entrenched corporate culture that endorses outsize bonuses and perks that often bear little relationship to corporate performance.
Mr. Obama also needs to deflect a growing populist outrage over sky-high pay among the banks and other companies now on the public dole. His announcement comes just days before the administration is expected to unveil a new strategy Ã¢â‚¬â€ and possibly request more money from Congress Ã¢â‚¬â€ to guarantee or buy outright hundreds of billions of dollars in bad assets held by banks.
WASHINGTON (Reuters) – U.S. President Barack Obama signed a law on Wednesday expanding a health insurance program for children and raising tobacco taxes to pay for it, a big legislative victory a day after his pick to lead a healthcare industry overhaul stepped aside.
Obama signed the law just hours after the House of Representatives voted 290-135 for the $32.8 billion expansion of the State Children’s Health Insurance Program, or SCHIP, which was approved by the Senate last week.
Jan. 30, 2009 Leave a Comment
Obama calls $18 billion in Wall Street bonuses “outrageous” and promises action. WASHINGTON “" President Obama branded Wall Street bankers “shameful” on Thursday for giving themselves nearly $20 billion in bonuses as the economy was deteriorating and the government was spending billions to bail out some of the nation’s most prominent financial institutions. “There will [...]