Overheard on CNN.com: Can't we just keep our wallets?
"Seinfeld's" George Costanza could have used a Google Wallet app.
October 10th, 2011
05:08 PM ET

Overheard on CNN.com: Can't we just keep our wallets?

Exchange of the Day:

"A little paranoid? This is the future. Get with the program or be left behind." – Guest

"That's what the lead lemming said." - Pathit

Our future: Empty pockets, except for our phones

Someday we may leave the house with nothing but our phones, containing the countless items we used to fumble for: house key, credit card, driver's license, transit pass and corporate ID.

The phone-as-wallet trend started in South Korea and Japan about five years ago and became a reality in the U.S. in September, when the Google Wallet app went public. Many CNN.com readers were unenthusiastic, even those who like gadgets.

Cal78 said, "Great idea. My phone breaks and now I can't buy a new one. I can't even get into my house, but I guess that doesn't matter because I can't drive my car or take the bus to get there anyway. Let's put all of our eggs in one basket."

kaeksen asked, "Why can't we just have it as we have it now? Sometimes I hate progress. It's like we never get satisfied with our system; we continually have to change. It's annoying. Good to let out some steam." AthensGuy said, "Well, the 'empty pockets' are here already!"

wfrobinette said, "I don't see how the benefits of this out weigh the risks. We have become way to dependent on technology. This is nothing but a scam to get people to spend more money that they don't have and to reduce the number of service employees to process transactions. The faster we adopt automation that faster we all work ourselves out of a job."

But scrutineerza said, "This is inevitable. For example, I have Paypal on my iPhone, and can pay for online purchases with it. Also, in our country, some people send each other airtime (mobile call credit) instead of money, as a payment. It is much safer. Just think. If your wallet is stolen with a good few hundred dollars in it, you lose a lot. If your phone is stolen, and it has a PIN, and it's insured, you've really lost nothing. Welcome to the future. Moreover, cash is a bad idea. As long as there's cash, there will be cash robberies."

Pauls72 said, "Maybe for a few technogeeks, but for most of us, dream on. Way too many security issues. Smart phone battery life too short. How about the business with the signs 'In God we trust, all others pay cash!' Where's the software for my PalmPre or any other older smart phone?"

pmichner said, "Cool. Phones are more identical than wallets. I'll scope out a rich guy, get out the same model phone and skin, and 'bump' into him while he's talking on his wallet."

MediaFakery said, "No thanks, futurist think-tank weirdos. Cash works fine. You can all go off to some island somewhere to use your little smartphone credits with each other."

Simpelton said, " 'Uh sir, I'll have to cite you for no valid driver's license and no insurance.' 'But officer, my battery just died!' 'Sorry sir, ignorance is no excuse.'

Do your views align with these commenters' thoughts? Post a comment below or sound off on video.

Compiled by the CNN.com moderation staff. Some comments edited for length or clarity.

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Occupy Wall Street ignites in other cities: 'We want justice'
A sign Monday in Washington's Freedom Plaza expresses the sentiments of protesters.
October 10th, 2011
03:31 PM ET

Occupy Wall Street ignites in other cities: 'We want justice'

The Occupy Wall Street movement, an organic, rolling outcry that blames many of the nation's problems on corporate greed, continued to gain momentum Monday as it entered its fourth week.

Protests were planned for several cities Monday, including Atlanta and Oakland, California, according to activist websites.

Starting in New York and spreading almost daily, protesters have vowed to hunker down, or "occupy" stretches of public property to raise awareness of the myriad economic problems facing young and old Americans.

David Pitman, a protester in Somerville, Alabama, said the movement is not partisan and will remain resilient.  "We refuse to play party games, and we won't re-elect liars and scoundrels," he told CNN in an e-mail Monday. "And we want justice, impartially, (for) the rich AND poor."

Calling themselves the "99%,” demonstrators have sprouted a movement powered by social-networking sites and handwritten posters. Several posts on social-networking sites such as Facebook and Twitter called attention to rallies this week, organizing provisions for food, blankets and the like.

On Monday, the Rev. Al Sharpton broadcast his syndicated radio show in New York’s Zuccotti Park, the epicenter of the protests.

Also, Ben & Jerry’s issued a statement of solidarity with the Occupy Wall Street movement over the weekend, saying, “The inequity that exists between classes in our country is simply immoral."

“We realize that Occupy Wall Street is calling for systemic change. We support this call to action and are honored to join in this call to take back our nation and democracy,” the ice cream company, which is known for championing liberal causes, said on its website.

By the numbers

1,326  The number of cities where Occupy protests were planned as of Monday. Aspen, Colorado; South Bend, Indiana; and Fort Worth, Texas, were among several cities preparing for rallies Monday, according to OccupyTogether.org, an unofficial hub of the movement.

$1.9 million The amount in overtime pay that the movement has cost the New York City Police Department, NYPD Raymond Kelly told CNN affiliate NY1.

32 The number of protesters arrested early Monday outside the Iowa Capitol, state public safety department spokeswoman Jessie Lown said. "They did not have a permit," she said, adding that “they still have a right to gather there, sing songs, have picnics whatever. But they have a right to be there until 11 o’ clock, when the park closed and they were warned multiple times.”

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Filed under: Economy • Jobs • New York • U.S.
Overheard on CNN.com: Sick of corporate America's power
The atmosphere at this Occupy Wall Street protest in Denver was "electric with frustration," says iReporter Dylan Maxberry.
October 10th, 2011
01:28 PM ET

Overheard on CNN.com: Sick of corporate America's power

Comments of the morning

"Just about everyone interviewed is clearly saying they are sick of corporate America having the biggest voice in Washington. Did it occur to you that unemployment, homelessness, no insurance and cuts in education might actually be affecting your fellow human beings?"– omeany

"For starters, there needs to be term limits for Congress. Get the corporate lobbyist out of government. The elections need to based on a popular vote; one vote no more, no less." – catty123

Open Story: Occupy Wall Street protests

Sharpton to broadcast from Occupy Wall Street protests

Opinion: Why "occupy"? It's personal

As it enters its fourth week, the Occupy Wall Street movement continues its spread across the United States. Responding to criticism that the movement lacks clarity about its aims, many readers at CNN.com offered their take, focusing on lack of economic opportunity and the disenfranchisement of the middle class.

Courser01 said, "I've been unemployed for 17 months now. My unemployment will run out soon. I'm 52 years old now and going back to school. I fully expect to be homeless for the first year of a radiology program and perhaps the second, depending on funding. I'm unspeakably furious that the GOP's stated mission is to unseat President Obama. Seriously?! That's their biggest concern in the face of the worst economic crisis since the Great Depression?"

tldixon said, "I'm protesting the fact that corporate CEOs get huge bonus or severance packages even when they screw the pooch. I'm protesting my enormous tax burden when big corporations are allowed to weasel out of their taxes. We're protesting in Santa Fe, New Mexico, to show solidarity: social and fiscal justice for all!" FULL POST

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Filed under: Economy • Jobs • Overheard on CNN.com
Gotta Watch: When animals attack
October 10th, 2011
12:35 PM ET

Gotta Watch: When animals attack

Animals can be pets, but sometimes it's hard to remember that animals are, well, animals.  Take this video of a turkey for instance.  It may look  sweet and harmless, until it starts chasing a TV producer, leaving her screaming for help.  In the spirit of this hilarious video of a wild turkey, we at Gotta Watch put together a few of our favorite videos featuring animals chasing people.  Check out what happens when animals attack.

Turkey's fowl play -  This is possibly one of the funniest videos between a television news producer and a turkey.  You've gotta watch how this seemingly docile turkey chases her....and how it all ends.

FULL POST

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Filed under: Animals • Dogs • Gotta Watch
October 10th, 2011
09:21 AM ET

Hurricane Jova packs 120 mph winds

Emergency officials scrambled to open shelters as Jova rapidly strengthened off Mexico's Pacific coast early Monday, becoming a major hurricane with 120 mph winds, forecasters said.

Mexican authorities described the storm as a "great danger" and warned that the hurricane could intensify before it makes landfall Tuesday.

The Category 3 storm was about 255 miles southwest of the resort town of Manzanillo at 8 a.m. ET, according to the National Hurricane Center in Miami. It was moving east at about about 6 mph.

FULL STORY
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Filed under: Hurricanes • Mexico • Weather
October 10th, 2011
09:12 AM ET

Death toll rises in Egypt Christian clashes as tension continues

The number of dead in clashes between the army and pro-Coptic Christian protesters in Egypt over the weekend rose to at least 25, with at least 272 wounded, a Healthy Ministry official told CNN Monday.

But conflicting reports from the two sides indicated the death toll could be as high as 29 in violence that an army spokesman speculated may have been guided by a "hidden hand" associated with neither side.

Many of the dead and injured were crushed by speeding military vehicles, said Dr. Adel al-Dawi of the ministry.

FULL STORY
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Filed under: Egypt
October 10th, 2011
07:55 AM ET

Monday's live events

The Conrad Murray trial may be off today due to the Columbus Day holiday, but that doesn't mean CNN.com Live is off duty.

Today's programming highlights...

10:00 am ET - Bachmann town hall - GOP presidential candidate Rep. Michele Bachmann hosts a town hall-style meeting in Henniker, New Hampshire.

FULL POST


Filed under: Politics
October 10th, 2011
07:52 AM ET

American economists win Nobel

Two American economists won the Nobel Prize for economics on Monday for their work studying how changes in government policies or economic shocks affect a nation's economy.

Thomas Sargent, a professor at New York University, and Christopher Sims, a professor at Princeton University, both 68, will share the award and the $1.49 million prize money for the work they do together.

While the global economy has been shaken by a series of shocks and policy responses, Sims said the research that won the award doesn't have any direct solutions for what ails various countries.

But the methods he and Sargent have developed could be used to help guide policymakers, he said.

FULL STORY
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Filed under: Economy
October 10th, 2011
07:44 AM ET

Police: Second 18-year-old arrested in mosque attack in Israel

A second 18-year-old was set Monday to make his first court appearance in connection with the torching of a mosque in the northern Israeli village of Tuba Zangaria, authorities said.

The suspect, who was not identified, is the second to be arrested in connection with last week's attack, Micky Rosenfeld, a police spokesman, told CNN.

The mosque was set on fire and scrawled with graffiti that indicated it was a revenge attack over the killing of Asher Palmer and his 1-year-old son, who were killed when rocks were thrown at their car in Hebron more than two weeks ago.

Words written on the mosque's walls said "price tag," "revenge" and "Palmer."

FULL STORY
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Filed under: Israel