The Occupy Wall Street movement is a Keynesian dream. Having 15,000 people camped out around Wall Street has resulted in $2 million of overtime for the NYPD. This is great news for the economy. As the protests spread across the country there will be millions of overtime for police. They will then spend that money at Olive Garden, generating profits and requiring Olive Garden to hire more busboys. The busboys will spend their pay at Gamestop, resulting in Gamestop hiring a few more geeks, and so on and so on. OWS is the best thing to happen for to our economy since Obama’s $800 billion shovel ready jobs.
Occupy Wall Street: major protest against minority rule
Published: 09 October, 2011, 09:40
Meanwhile, lower Manhattan can no longer camp the over 15,000 Americans gathered there for anti-bank protets. On Saturday, the campaigners had to discuss whether they should expand to other public spaces in New York.
“This seems pretty revolutionary to me. The spirit of revolution is here and so I need to be a part of it,” says campaigner Talib Kweli.
Labor unions, transport workers, teachers, nurses and US veterans standing shoulder-to-shoulder with young activists, spearheading a fight against US wealth inequality and corporate greed.
“Young people right now have no hope in our society. I just want to see a fair and more just society for the young people coming up, and all Americans that are suffering through these hard economic times,” a US army veteran told RT during the protests.
The “Occupy” movement has gained such momentum even the president, who promised change, has been forced to address the issue.
“I think people are frustrated, and the protesters are giving voice to a more broad-based frustration about how our financial system works,” Barack Obama told a press conference. “The American people understand that not everybody has been following the rules; that Wall Street is an example of that.”
“These days, a lot of folks who are doing the right thing aren’t rewarded, and a lot of folks who aren’t doing the right thing are rewarded,” he added.
While the US has encouraged and supported democratic uprisings in the Arab world, the same events playing out at home have been met with batons, pepper spray and the mass arrest of nearly 800 peaceful protesters on the Brooklyn Bridge. A scene that reminded some of Egypt’s Tahrir Square.
“We can follow the lead of our brothers and sisters all over the world: the Arab Spring, in Greece, in Spain. We can see that it did send a powerful message. It’s sending a message,” says Makeba Judge, an OWS activist. “Ordinary people are not going to stand for corporate greed anymore, and we are getting up and we are doing something about it.”
Three weeks into the “Occupy” movement, the New York City Police Department has pumped $2 million into overtime pay. Funds, some critics say, are being used to repress freedom. But this does not abash the campaigners.
“Once you are not afraid of being arrested anymore, the whole entire control of the police state disappears. When that happens, there are credible possibilities for us. Suddenly you can imagine a different world and you believe you can be an agent of change,” says Robert Cammiso, who was arrested during an “Occupy Wall Street” demonstration.
Two miles from the chaos, at the United Nations, even financier and billionaire George Soros weighed in on the populist uprising.
“Actually, I can understand their sentiments, frankly,” he said. “The decision not to inject capital into the banks but to effectively relieve them of their bad assets, and them allow them to earn their way out of a hole, gave the banks bumper profits and that allowed them to pay bumper bonuses. As I say, I can sympathize with their grievances.”
Grievances spreading so loud and large that mainstream media outlets have been left with no other choice but to cover the protests.
In a matter of weeks, “Occupy Wall Street” has not only mobilized international attention. Many believe this ongoing event could become a turning point in the US, where a mass movement goads American politicians into working for the majority of the people – a passionate collective demanding democracy from the very leaders that promote it.