The protesters who occupied Wall Street and parts of London and other cities were morally and intellectually right, a senior Bank of England official said.
"Some have suggested ... that Occupy's voice has been loud but vague -- long on problems, short on solutions," Andrew Haldane, a member of the central bank's Financial Policy Committee, told an event called "Socially Useful Banking," organized by Occupy Economics, an offshoot of the Occupy movement, in London Monday night.
"Others have argued that the fault lines in the global financial system, which chasmed during the crisis, are essentially unaltered -- that reform has failed," he said.
Bank of England director: Occupy was right
Alex Baer: Take Your Retraining Meds and Relax, Buddy
It started out like a regular day, as I think back on it: Waking up, stumbling and side-stepping over the dogs on the way to the bathroom, then bumbling out to the kitchen to make coffee.
If I'd been more awake, I would probably have caught the first clue that something was out of whack somewhere... and that someone had better order more whack right away.
OK, so I'll keep to the facts -- you say everyone's a comedian, I say everyone's a critic.
African migrants 'denied entry' to Israel
Israel has turned away dozens of African asylum-seekers, mostly Eritreans trying enter the country from Egypt, human rights groups have said.
Human Rights Watch (HRW) and two Israeli NGOs said that "since June, Israeli forces patrolling Israel's newly constructed border fence with Egypt's Sinai region have denied entry to dozens of Africans, mostly Eritreans".
A Miami priest accused of sex abuse for fourth time shrouds Miami archdiocese in controversy
Longtime Catholic priest Rolando Garcia is accused of sexual abuse for the fourth time, prompting the Archdiocese of Miami to take a defensive stand while many parishioners condemn him.
Last week, Simmons, a decorated U.S. Army specialist who served in the Iraq war, accused Garcia in a lawsuit of sexually abusing him during the mid-1990s, starting when he was 16 years old.
For the first time in recent memory, Miami’s Catholic Church leaders reacted defensively to his negligence suit, the latest of more than 100 filed against the local archdiocese since the clergy-sex abuse scandal broke nationwide a decade ago.
The Science Behind Hurricane Sandy: Climate Change or Freak Storm?
As Hurricane Sandy approaches the East Coast, many are wondering about the science behind this ‘Frankenstorm’ and whether it has any clear connection to global climate change.
In a piece titled ‘Frankenstorm: Has Climate Change Created a Monster?’, NPR’s Adam Frank notes that 2012 has been a banner year for weather anomalies: droughts, fires, floods, and extreme temperatures. But while some of those events can be tied to climate change, others cannot.
Fourteen rescued from HMS Bounty in path of hurricane; two missing
The U.S. Coast Guard on Monday rescued 14 of the 16 crew who abandoned the replica tall ship HMS Bounty while in the path of Hurricane Sandy off North Carolina, using helicopters to lift them from life rafts, the Coast Guard said.
The Coast Guard continued to search for the two missing crew members about 160 miles from the eye of the storm. Officials had previously reported 17 aboard but later revised the figure to 16.
The first of two MH-60 Jayhawk helicopters arrived on scene at about 6:30 a.m. (1030 GMT) and hoisted five people to safety, and a second helicopter arrived and rescued nine people, the Coast Guard said.
Alex Baer: To Eat or Not to Eat - That's a Question?
One drawback to having many interests is the sense of always sampling, but never really eating a full meal -- just wandering around in circles with a tiny appetizer plate that would struggle to accommodate half a grapefruit, looking for odds and ends and bonus grazing spots, trying to avoid being stuffed full of any one thing.
Only rarely does the thought emerge, "You know, I'd like to take a very long time out and not check the news for the next year or two." That's tantamount to treason for the inquisitive, right up there with the infamous "to be or not to be" question. Curiosity -- the hunger to know -- demands sating, even if one has been packed to the gills and overfed on a dish or two.
2nd Mistress of GOP Congressman Scott DesJarlais talks
On the heels of a sex scandal involving a female patient, another woman has acknowledged having a sexual relationship with physician and U.S. Rep. Scott DesJarlais while she was under his medical care.
The second woman described DesJarlais as "the nicest guy" and said he cooked dinner for her at their first get-together in 2000. But she also said they smoked marijuana during their relationship and remembered DesJarlais prescribing her pain medication on dates at his home."
US detention of Imran Khan part of trend to harass anti-drone advocates
Imran Khan is, according to numerous polls, the most popular politician in Pakistan and may very well be that country's next Prime Minister. He is also a vehement critic of US drone attacks on his country, vowing to order them shot down if he is Prime Minister and leading an anti-drone protest march last month.
On Saturday, Khan boarded a flight from Canada to New York in order to appear at a fundraising lunch and other events. But before the flight could take off, US immigration officials removed him from the plane and detained him for two hours, causing him to miss the flight.
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