99% vs 1% — Occupy Wall Street Protests

What is “Occupy Wall Street,” all this, you ask? Well, it’s hard to say (without knowing) … all we have to go by is what the protesters say to journalists. It is increasingly difficult for journalists to go there (now that the demonstrators were marinating in their natural juices and have not bathed for a few weeks), but when they do, they learn—not much. The Wall Street occupy the movement seems to focus on “greed and corruption of 1%.” They are focusing on the system that has loopholes even through the tax code.

The monthly employment report in September, shows how America is still far from the economic recovery that might be different from a recession to most of the audience, almost four years after the Great Recession has begun. The unemployment rate remained at 9.1% in the household survey. The young people who started working on Wall Street protests a few weeks ago are about to learn important lessons about life in the adult world. If you are not aware of this special event, it should be, because they are expanding at the moment and probably coming in a city near you. They have already covered 70 cities across US.

There have been many negative stories about the movement concerned with Wall Street. These stories seem to come from undercover agents from the outside, trying to find the worst of the worst to show the protesters in a negative light. The protests spread to occupy Wall Street across America. Some call them Tea Party wannabes. Others say it is the U.S. version Arab spring. Many claim that the movement is like the hippie movement in the 60′s. Occupy Wall Street is spreading like an uncontrolled virus. The “occupation” of solidarity is found in dozens of U.S. cities, Austin, Boston, Chicago, Colorado, Denver, Illinois, Knoxville, Portland (Maine), Tennessee, Texas, and more than 20 locations in California and Florida itself.

Protest against something is useful if you want to avoid change. If you do not want Wal-Mart to come to your town, protest against Wal-Mart. But if you really want change, it should be about something. Until the union activists entered Occupy Wall Street was not anything special that could be determined. OWS movement consists mainly of age, instead of the baby boomers. There has never been any arrests of protesters at the Tea Party, when hundreds of protesters were arrested at OWS.

Calculation of the recovery of Wall Street:

“We are 99 percent. We are driven from our home. We are forced to choose between groceries and rent. We are denied the quality of medical care. We suffer from environmental pollution. We work long hours for low pay and no rights if at all we are working. We get nothing, while the other 1 percent, is getting everything. It is WE who are currently 99 percent. ”

The distribution of unemployment is also breaking records in the ugliness. Some 44.6% of the unemployed have been unemployed for over six months. Even in the current post-bubble era U.S. housing, the youth of New York have much to complain about when it comes to housing prices. There is rarely a link between tight rental market absurd, which makes New York one of the few places where tenants usually pay commissions to brokers, and price controls on rents that were in effect (in various forms) in the city, since housing emergency in 1947. The devil is in the details. Although it seems that both sides want the same thing, how to make is full of details that many cannot digest. Sarah Palin’s side wants to reduce corporate taxes.

So what happens?

Simple: people are tired of waiting and trusting others have their interests at hand. Tired of trusting those who promise to take care of them and then do the opposite. Could the OccupyWallStreet movement turn into something big that can radically change things? At this time, it is very early to tell, but it is a possibility.

No wonder people in the streets, and the phenomenon were not seen during the Great Depression. As in Europe, where the 15-M stores in Spain, the general strike in Greece and protests in India against corruption, and other countries have attracted a widespread popular support, the movement of, “99%” targeting the Wall Street is a response to the failure of our political class in what is apparently needed for the foreseeable future.