The Wall St. Protest: Right or Wrong?

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It began nearly three weeks ago with a few hundred disgruntled students, investors and unemployed workers voicing their concerns over Wall Street practices, a seemingly compromised and indifferent Congress and the future of the U.S. economy.

Since then, in the original protest spot near Wall Street in lower Manhattan. Some have joined the parade to be part of a happening, while others continue to share their concerns about what they believe is a system gone haywire. The New York Police Department presence continues to grow with the number of protesters. As tensions flare, pockets of support for the protestors are erupting on college campuses and in other places around the country.

Here, in a part of the country in which many of our friends and relatives are employed in the financial markets (although not as many as were employed in the sector before the 2008 markets meltdown), people are trying to make sense of a troubled institution and see their way out of economic hardship that seems bleaker than in even distant memories.

But many questions remain: are the protestors making a point or are they merely tilting at windmills, grandstanding for the cameras and offering no solutions? Are the power brokers, in government and on Wall Street, an affluent, indifferent minority riding out the storm until another crisis catches protestors' interest.

mhssalum October 17, 2011 at 01:09 PM
If you're on facebook, look up "Occupy Red Bank" - the next general assembly is this Saturday at 3pm in Marine Park.
Don October 17, 2011 at 04:06 PM
A poll was taken with the protesters and 37 percent of them compared the USA to Al Qaeda. This is not to say that some of them are there truly expressing some frustrations but I see many of them as anarchist. And what is this demand where they want their college loans paid off? In my opinion many of them are Socialist.
Don October 17, 2011 at 04:13 PM
Absolutely true what you wrote. Many of them are anarchist. BTW, they only started to clean up the park when they were told that they would have to leave so taxpayer money could clean up the mess the protesters made. No one should be allowed to sleep in the streets night after night. I mean, what are we? We are becoming a 3rd World Country.
Sean Conneamhe October 18, 2011 at 12:57 AM
The USA is bankrupt because of Wall Street wankers and Washington warlords. Obama is a slave to giant global corporations. Most of the Republicans are no better. Ron Paul for President.
Alexandra Linares October 19, 2011 at 12:19 AM
Sad that everyone is being so mislead. School loans don't come from Wall St., they come from the government, and they are the only loans/debt that will not be forgiven even if bankrupcy is delclared, due to government mandates. You cannot blame people for working hard and getting paid for it. The economy is in a sad state, yes, but what is protesting doing? Looking for someone else to bail you out, when you should be trying to invoate and create on your own. Capitalism does have its flaws, but please remember that the alternatives are pretty sad, and they often times result in tragedy for all the people involved--see Venezuela (where I am from), Cuba, North Korea, China, etc.


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