Thursday, September 29, 2011

Day 13: Occupy Wall St gathering steam. Even the MSM says so.

Even the mainstream media concedes the occupation is growing. Reports Time magazine in a story titled, "Occupy Wall Street Protest: 12 Days and Little Sign of Slowing Down,"
A protest that began in utter dysfunction has given way to a fairly organized movement with a base camp for its most stalwart members, now numbering more than 300 people, who have slept in the park for 12 nights straight–and who say they intend to stay.
The "Occupy" movement spread to four more U.S. cities, bringing the total to 74, according to the Occupy Together website. There are a dozen non-U.S. "Occupies" as well, including Finland, Hamburg, Perth and Manchester.

Hao Li at the International Business Times writes a great op-ed about why the occupiers are angry:
"We are getting kicked out of our homes. We are forced to choose between groceries and rent. We are denied quality medical care. We are suffering from environmental pollution. We are working long hours for little pay and no rights, if we're working at all. We are getting nothing while the other 1 percent is getting everything," read a post from the wearethe99percent Web site.
They're right..
If the U.S. government had not stepped in with bailouts, low interest rates, and money-printing, every single major Wall Street company, with the possible exception of JPMorgan Chase, would have failed...
Wall Street paid its employees $18.4 billion in bonuses in 2008 (for losing money) and $20.3 billion in bonuses in 2009, in addition the base salaries, dividends to shareholders, and rising profitability (leading to stock price appreciation), all of which add to the loot of Wall Street executives and employees.
Occupy Seattle has a protest rally planned today as there has been every day. According to the group's Facebook page,
Currently there is a demonstration every day at 4 p.m. in front of the Federal Building at 2nd and Madison. Saturday there will be a demonstration starting at 10:30 a.m. at Westlake Plaza, lasting as long as anyone wants to stay. If that means overnight, we have occupation.
Occupy Chicago has been going on for nearly a week, according to Raw Story:
A small group of protesters in Chicago started their own “Occupy Wall Street” demonstration over the weekend. Around 20 “Occupy Chicago” protesters gathered at Willis Tower, formerly known as the Sears Tower, on September 23 and then marched to the Federal Reserve Bank. Some of the protesters have remained camped out in front of the Federal Reserve Bank of Chicago, and the organizers said the “occupation” had more than doubled over the last several days.
On Thursday, the “Occupy Chicago” protesters marched down Michigan Avenue and through Millennium Park.
Although the “Occupy Wall Street” protest has been criticized by some for having no clear agenda or demands, one protester had three clear goals: repealing the Bush tax cuts, overturning the Citizens United decision and reinstating the Glass-Steagall Act.
A quick roam around the Internets found the following actions: Occupy San Francisco will hold a march in the Financial District this afternoon. Occupy Lexington, Ky. will hold a rally at the JP Morgan Chase bank at noon. Occupy OKC will hold a General Assembly in Oklahoma City tomorrow. Occupy Boston officially starts tomorrow in Dewey Square. Occupy Milwaukee is meeting tonight.

Hard to ignore it anymore.