RT @OccupyWallStNYC: To the dozens now getting arrested at the Washington Square CitiBank for trying to simultaneously close accounts: W …

RT @m37411ic48: @CO11MetPolice they are not ‘protesters’, they are people & if they are committing no crime, what’s the problem?

RT @OccupyWallSt: We made it inside at the citibank action, at least 22 arrests so far #15oct #ows #usdor

RT @SheffUncut: PLEASE RT!! Police starting to put on riot helmets now. Ready to clear those left in the kettling.Theresa May,welcome t …

Was talking to old DAN comrade at #OWS last night – we both admitted we were pinching ourselves to be sure it wasn’t all a dream

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RT @DougHenwood: @davidgraeber Someone I used to know said that today’s rich don’t want to pay taxes, they want to be paid tribute.

RT @OccupyProtests: Legal observer just informed me she’s convinced the police are gearing up for a crush @OccupyLSX @RT_com via @weredo …

@DougHenwood – indeed, would be interesting to see if it’s starting to flip! would be a sign cap really is turning into “neo-feudalism”

RT @UpeiUdo: “the person without an imagination can’t imagine the use of having one” On David Graeber and #OWS http://t.co/5FM8gZRT via …

@DougHenwood – interesting to know how much value is now extracted directly thru such means rather than indirectly thru wages

@brandonmcnamara – thx – yeah now trying to figure out what further % goes to late fees, service charges… guessing total is 17-18%???

@DougHenwood – need someone already familiar with the statistics. Not me. Mainly I want to know total % financial service industry extracts

@DougHenwood – this is why I never took statistics in grad school. The interest % is clearly 14-16%. How to get parallel figures for rest?

@rortybomb @DougHenwood – but you see I don’t just want interest payments but fees, penalties, service charges…

@rortybomb @DougHenwood – well, the median hh information is going to much harder to get though it would be preferable

@DougHenwood – yeah, it’s 23.5%! Jeez. That’s almost a quarter! How much does the av. household pay in taxes? Not that much more, no?

@DougHenwood – so if av household income is $32 thou like it says, that’s actually 7.5% of hh income on top of the 15% paid out in interest

@DougHenwood – okay so that’s $514 billion total paid in financial service fees, out of how many total households?

@DougHenwood – I want to say it’s approaching 20%, but that might be premature; don’t want to make unwarranted claims

@DougHenwood – with credit cards at least sometimes half what they take is “penalties”, no?

@DougHenwood – thx!! – says between 14-16%. But that’s just interest, right? What about service charges, fees, penalties, late charges…?

RT @REDofRED: En unas horas…México toma la calle!. Democracia Real Ya. http://t.co/Ul0VhwsZ

any economist out there have figures on what % of av. American’s income goes to interest, fees, payments, etc etc? Numbers seem unavailable

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