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What Future For Occupy Wall Street?

Occupy Wall Street

First Posted: 01/23/2012 5:53 pm Updated: 01/23/2012 5:53 pm

The New York Review Of Books:

Less than a week after the tenth anniversary of the attacks on the World Trade Center towers, Occupy Wall Street protesters set up camp in Zuccotti Park across the street from the site that had become known by the military phrase “Ground Zero.” Construction was in full swing: the replacement towers were already visible on the skyline and the 9/11 Memorial had just opened to the public. Among the potent effects of the protest was the almost immediate sense that it marked the end of a depleting decade whose misfortunes seemed to have begun on that very street—a decade that included two failed wars, ruinous displays of corporate malfeasance, the worst economic recession in seventy-eight years, and unsustainable budget deficits partly as a result of tax cuts for the wealthiest citizens that seemed to embarrass even some who benefited most from them.

Read the whole story: The New York Review Of Books

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06:59 AM on 01/24/2012
Occupying, marching, blogging, these are just part of the unfinished equation. Sure you get some attention, some good, some bad but if we really want to affect a sea change the next step has to be self sacrifice and boycott! It will not be until we start to effect the bottom line of the multinationals and financial sector will they take any notice. And it has to be world wide and coordinated in such a way that we don't just cause another mass exodus of jobs overseas. I don't pretend to know how to organize such an effort I just remember the civil rights fight and most of the major victories were the result of boycotts, strikes and real passive civil disobedience. Gandhi and Dr. King should be required reading, along with ethics and civics.
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03:25 AM on 01/24/2012
We have to fight back such notions that the top 1% include those
making about $ 50,000 a year, which is nuts !

But I've seen CNN, and I'm sure Fox, etc., constantly repeat that
" fact ", by linking it to the world.....so they are trying to
get the Super Rich off the hook, by claiming most
Americans are in the 1% !

OWS simply wants some common sense....
some Shared Sacrifice during very Tough Times...
like GE or Exxon paying federal taxes like most of
do in the middle class....
02:37 AM on 01/24/2012
What Future For Occupy Wall Street? ....growing stronger every day...
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HUFFPOST SUPER USER
MyHeartSpits
Be kind, for everyone is fighting a hard battle
11:15 PM on 01/23/2012
Don't really care what the future of the movement is. They have already changed the conversation.
10:02 PM on 01/23/2012
What Future For Occupy Wall Street?

Hopefully like moist fringe hate groups…it will dissolve.

Most Americans want nothing to do with these greedy whiny takers.

Kai
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HUFFPOST SUPER USER
MyHeartSpits
Be kind, for everyone is fighting a hard battle
11:12 PM on 01/23/2012
LOL.
09:23 PM on 01/23/2012
http://www.huffingtonpost.com/2012/01/22/occupy-new-zealand-raid_n_1222688.html?ref=occupy-wall-street#comments

Occupy New Zealand Camps Raided By Authorities After Court Ruling

AUCKLAND, New Zealand -- Authorities have effectively shut down the Occupy movement in New Zealand's largest city after more than 100 days of protest.

Auckland Council officers and police Monday confiscated cars, tents and camping gear from more than 50 protesters at four sites in Auckland. The raid came after a local court ruled authorities could remove property from people who were illegally camping.

Police arrested three people in Aotea Square during the raids.

Occupy encampments remain in other New Zealand cities. Protesters in this country joined the movement that began last September in New York as a protest against social and financial inequality.

Auckland Council spokesman Glyn Walters said protesters can return to the sites but are no longer allowed to camp there.
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08:55 PM on 01/23/2012
The status quo:

U.S. workers' share of national income is at an all-time low:

http://research.stlouisfed.org/fred2/series/PRS85006173
FRED« Nonfarm Business Sector: Labor Share

While corporate profits are increasing:

http://research.stlouisfed.org/fred2/series/CP
FRED« Corporate Profits After Tax

Mainly because of reduced wages and benefits:

"JPMorgan’s July 11 “Eye on the Market” newsletter put it, “Reductions in wages and benefits explain the majority of the net improvement in [profit] margins… US labor compensation is now at a 50-year low relative to both company sales and US GDP.”

Anyone who is satisfied with this is either in the 1% or in denial.
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WI Patriot
Defending the Constitution.
06:42 PM on 01/23/2012
Since OWS supports mega public sector unions, they obviously support the nation's largest special interest lobbyists and feel they are entitled to my money....somehow...

Sorry, they really didn't resonate jack with me.
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HUFFPOST SUPER USER
MyHeartSpits
Be kind, for everyone is fighting a hard battle
11:13 PM on 01/23/2012
You didn't read the article. Much of the movement is very wary of unions and their ties to the establishment.
rdk70816
Yellowhammer
06:11 PM on 01/23/2012
Future? There is only one future for Occupiers and that is behind bars.
05:58 PM on 01/23/2012
Simple question: "What future for OWS"?

Simple answer: the trash heap of history after it's fifteen minutes of fame.