Occupy Wall St. Livestream: Day 31

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OccupyWallStreet

The resistance continues at Liberty Square, with free pizza 😉

“I don’t know how to fix this but I know it’s wrong.” ~ Unknown Author

From Tahrir Square to Times Square: Protests Erupt in Over 1,500 Cities Worldwide

Tens of Thousands Flood the Streets of Global Financial Centers, Capitol Cities and Small Towns to “Occupy Together” Against Wall Street Mid-Town Manhattan Jammed as Marches Converge in Times Square

New York, NY — After triumphing in a standoff with the city over the continued protest of Wall Street at Liberty Square in Manhattan’s financial district, the Occupy Wall Street movement has spread world wide today with demonstrations in over 1,500 cities globally and over 100 US cities from coast to coast. In New York, thousands marched in various protests by trade unions, students, environmentalists, and community groups. As occupiers flocked to Washington Square Park, two dozen participants were arrested at a nearby Citibank while attempting to withdraw their accounts from the global banking giant.

“I am occupying Wall Street because it is my future, my generations’ future, that is at stake,” said Linnea Palmer Paton, 23, a student at New York University. “Inspired by the peaceful occupation of Tahrir Square in Cairo, tonight we are are coming together in Times Square to show the world that the power of the people is an unstoppable force of global change. Today, we are fighting back against the dictators of our country – the Wall Street banks – and we are winning.”

The global economy is broken. Here’s how to fix it

by Tony Greenham

The Occupy London and Wall Street protests reflect deep anger that no one has been called to account for the financial crisis

The only surprise about Saturday’s occupation of the London Stock Exchange is that it took so long to happen. No doubt the government and banking lobby was hoping that the final report of the Vickers commission last month would draw a line under so-called banker bashing in the UK. As Basil Fawlty might have put it: “I crashed the global economy once, but I think I got away with it.”

So why won’t popular protests go away? Here’s why: there has been no public inquiry into the causes of the crash. No calling to account of those who drove the ship on to the rocks. No assertion of the public interest over financial markets. No subordination of banks to the needs of the real economy. No politician who dares face down global finance. No challenging of the defunct dogmas of neoliberal economics. No attempt to reverse the breathtaking wealth grab by the 1% at the expense of the rest.

Why should we be surprised that these protests are springing up, and why should we expect them to dissipate until these failures are addressed?