Posts Tagged: ‘Occupy Wall Street’

Protests Spread Nationwide in Response to Corporate Greed and Poor Government Spending

October 6, 2011 Posted by kingcade

Many Americans are fed up with the way our country is allocating its money in the midst of today’s economic crisis. In response, middle class, hard working individuals are taking their frustrations to the streets, holding rallies protesting corporate greed and social inequality. Demonstrators include unions, teachers, veterans, first responders, families, the unemployed and the underemployed. What’s known as the “Occupy Wall Street” movement has grown to more than 1,500 people in its second week in New York and is rapidly spreading across the country, with events popping up in Boston, Chicago and dozens of other cities nationwide.
The “99 percent,” as individuals involved in the movement refer to themselves as, are protesting against people who make $40,000 to $50,000 a year, who are struggling to make ends meet. The movement targets Wall Street- in particular big banks and corporations. One of the protestors explains their goal is to create national awareness of how state revenues are being funneled to big banks and corporations, instead of having these billions of dollars put toward job creation and creating solutions to the housing crisis.
To read more on the story visit:
http://abcnews.go.com/blogs/headlines/2011/10/occupy-wall-street-protests-spread-across-the-country-bloomberg-calls-them-misguided/
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