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Occupy Wall Street Finds Goldman Sachs Guilty In Mock Trial

Occupy Wall Street Finds Goldman Sachs Guilty In Mock Trial

The issue of corporate personhood is a focal point for the Occupy Wall Street movement. Signs that read “I’ll believe corporations are people when Texas executes one,” and “If corporations are people why don’t they pay taxes?” dot the landscape at many occupations around the country.

And these protesters have a good point: why should corporations get to have their cake and eat it too? If they want to enjoy the rights and privileges of being “people,” shouldn’t they also be punished for their crimes?

In the video below, the Occupy Wall Street General Assembly holds a mock trial, and journalist Chris Hedges reads indictment accusing Goldman Sachs of financial crimes against humanity.

People always ask, “what does Occupy Wall Street actually want?” Making the head of every single corporation that has stolen from the American people answer for its crimes in a court of law would be a good start.

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Image Credit: Flickr – americans4financialreform

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3:42AM PST on Nov 16, 2011

Goldman Sachs, Google for finance

1:20AM PST on Nov 16, 2011

Unfortunately, that's the nearest Goldman Sachs will ever get to as regards being held to account for its nefarious activities.

9:29PM PST on Nov 15, 2011

Throwing money at businesses and continuing tax breaks for the wealthy will not create jobs in this country or anything remotely related to prosperity in this country.

The Kiplinger Letter, Vol.88, No.33 for August 19, 2011, a business newsletter, stated that:

* * *
“U.S. multinationals are plowing more profits back into foreign markets, taking advantage of stronger economic growth overseas and saving on U.S. taxes. GE, for example, reinvested $94 billion abroad in 2010 double its 2006 figure. Chip maker Intel poured nearly $12 billion into foreign investments last year... up from just under 5 billion in 2006. All told about 25 % of S&P 500 firms’ profits won’t be repatriated this year. Health care and tech firms tend to reinvest much more.
Total foreign direct investment will hit the prerecession level later this year.
And for China...another record. It’ll nab $106 billion in foreign investment.”
* * *

9:26PM PST on Nov 15, 2011

How's this Mike?

Disinsentivise out-sourcing and off-shoring of U.S. jobs by changing the tax code and eliminating tax exemptions for off shore cash waiting to be repatriated. That would help job creation in this country and the deficit.

Corporations have over-powered our government which now believes that out-sourcing and off-shoring of U.S. jobs is inevitable and necessary with expectations that the middle class should fall on their swords. It is the underlying cause of the financial collapse and borders on national security with the loss of our middle class tax base. Yet, this nation does nothing, not even demand it be restricted by whatever method. International businesses are doing the UN-AMERICAN activity of destroying U.S. salaries, U.S. businesses that hire in the U.S., and as an end result, destroying the U.S. marketplace while still demanding BUSINESS ENTITLEMENTS and protections for themselves.

Infrastructure spending and tax breaks will not replace enough jobs to keep up with the hemorrhaging loss of U.S. jobs from out-sourcing over seas. Neither party will do anything about it unless we begin grass roots efforts to protest out-sourcing and off-shoring of U.S. jobs. If nothing is done we will deserve what we get and it will get a lot worse before it gets better.

2:31PM PST on Nov 15, 2011

Thomas, my guess is you know nothing about economics or how a free enterprise system works. rather than insults why don't you answer the question, who is going to pay for free college for all?
Just how do you think government creates jobs when it’s broke? The stimulus created few if any jobs, even Obama says there were not shovel ready jobs.
Try and be proactive with ideas.

2:13PM PST on Nov 15, 2011

Thank you Heather O, I fully support the protest(ors)

1:26PM PST on Nov 15, 2011

I wonder when will the banking thiefs from the UK and Europe be named also, seems a matter of time...

1:12PM PST on Nov 15, 2011

Mike c we need poeple who make comments on this site to understand economics. My young children seem to have a better grasp than you. "the government does not create jobs" since when? have you been living in a cave for your whole life? Your lies are as silly and unfounded as a republican. Here is a suggestion...educate yourself and quit wasting our time spewing the same old lies over and over. At least come up with some new lies, or maybe just shut the hell up and keep your tired old bullshit to yourself.

12:06PM PST on Nov 15, 2011

Sorry Heather but nothing is free, education costs money, who's going to pay for everyone's free education?
the economy is in the crapper, government does not creat jobs businesses do and they won't until there is demand.
we need leaders who understand economics.

11:33AM PST on Nov 15, 2011

High Fives Heather. But you will have to forgive Mike. He isn't here to listen…..he is here to "teach" us not listen to us.

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