Wall Street Protest Starting to Look Like Egypt

Wall Street Protest Starting to Look Like Tahrir Square, Egypt

Alexander Higgins reports:

NYPD police scanners are estimating a crowd up to 5,000 are occupying liberty square in a scene that is now starting to look more like Egypt’s Tahrir square.

The protests have become so large that Fox News has set up a live stream covering the protests. Here are some screen shots from their camera.

Thousands Turn Out To Occupy Wall Street Protests Sept 30

Thousands Turn Out To Occupy Wall Street Protests Sept 30

Thousands Turn Out To Occupy Wall Street Protests Sept 30 -2

Thousands Turn Out To Occupy Wall Street Protests Sept 30 -2

Thousands Turn Out To Occupy Wall Street Protests Sept 30 -3

Thousands Turn Out To Occupy Wall Street Protests Sept 30 -3

Here are some additional photographs from a helicopter.

Who Are the Protesters?

Wall Street is trying to write all of these people off as being “hippies” who “need to get a job” (to which the protesters would respond: That’s the point – There are no jobs, because Wall Street has destroyed the economy.)

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The poor and the desperate, formerly-middle class people participating in the protests are not taking well to Wall Street’s “Let them eat cake” response.

But all types are marching, including grannies and pilots:

photo

610x Wall Street Protest Growing

Marines and other military men and women.

Wealthy folks such as Russel Simmons and Alec Baldwin.

Liberals and conservatives.

On the other side of the protest line, Mayor Bloomberg is whining that the protesters are targeting bankers who “are struggling to make ends meet”. He has a point: if Wall Street is reined in so that the rest of the country has a chance, the bankers might have to cut back on their mistresses, prostitutes and solid gold toilets.
Linkhttp://cdn.theatlantic.com/static/infocus/occupy093011/s_o03_57968784.jpg

Class Warfare?

Yes, this is class warfare. But it is class warfare by the 1% against the other 99% (and see this). Specifically, it is the looting of the country by the top .1% through fraud.

As Warren Buffet – one of America’s most successful capitalists and defenders of capitalism – points out:

There’s class warfare, all right, but it’s my class, the rich class, that’s making war ….

Leading economists note that rampant inequality was one of the main causes of the Great Depression and of the current economic crisis.

Indeed, given that inequality in America is worse than Egypt (or Tunisia, or Yemen or most Latin American banana republics), and that social mobility is lower in America than in most European countries (and see this), we have been predicting these types of protests for years.

If Wall Street is starting to look like Tahir Square, it is because America is starting to look more and more like Egypt – with a handful of super-rich, and crumbs for everyone else.

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  • Tony Alexander

    I’ve been following this story and still there is no mention in the news media. As was stated in previous posts, there is a conspiracy to suppress information on what is going on in NY.

    • Mark

      The content of this story is photos from a Fox News camera. News Corp is mainstream media, no?

      • http://theundergroundmultiplex.com Lew

        Follow the protests on Livestream. Don’t trust Faux “News.”

  • http://boodiba3.blogspot.com/ boodiba

    It’ll be interesting to see what happens if Bloomberg tries to forcefully break it up. Things could get nasty. I hope it continues as long as weather and endurance permits.

  • http://theundergroundmultiplex.com Lew

    The wealthy bankers seen drinking champagne and laughing on a balcony a week ago should now be drinking whiskey alone in fear.

    • Diane Henderson

      Perhaps with a loaded defense mechanism nearby, as well. Hmm.
      Bankers with guns. Not a pretty image…

      • Dottie

        That’s a bankster for ya.

  • Liam O’Reilly

    There are plenty of jobs for HS & College Graduates: join the military & Fight the numerous wars, Become a Greeter at WALMART, Sell insurance over the phone, Become a realtor selling houses.
    These young people have had it too soft.

    • http://www.musicbyday.com Marvin

      I’m assuming this comment is snark… but right wingers are so crazy that they actually say things like this in seriousness … so I’m not 100% sure.

  • http://www.lermanet.com/exit/hypnosis-index.htm arnie lerma

    America’s Founders intended our government be:
    “OF the people, BY the people and FOR the people” ….NOT:
    “OF the money, BY the money and FOR the money..”…SO:
    TAKE YOUR MONEY OUT OF WALL STREET
    THEN INVEST IN MAIN STREET

  • http://mayday.karleklund.net Karl Eklund

    The pre-History of The Wall Street Occupation

    Some 100,000-odd years ago our species, Homo Sapiens Sapiens, worked out a way of communication by abstract mouth-noises. This enabled us to cooperate at a much more sophisticated level than primates that use mouth-noises to express emotions, but it limited group life to a couple of dozen adults, and we developed by fissioning and moving away from one another. We organized ourselves by being equal-on-the-average with a hunting-chief who took more risks facing immediate problems and a shaman who solved chronic problems by facing death. That made them equal-on-the-average.

    When we invented agriculture (around 8,000 bce in the mideast) we could grow more than we could eat so we could have larger tribes and, eventually, cities. These infrastructures were run by a secular elite and a religious elite. The agricultural surplus allowed us to develop technology, but because the social structure contained an elite made civilizations unstable.

    In the 1500s Calvin invented a way for the middle classes to be upwardly mobile by the accumulation of money. This stimulated the invention of technology that was profitable. After the revolutions in America and France social evolution continued through various groups becoming elite. In the United States the elite was the slave-owning Planters until the Civil War, after which the elite were the northern industrialists. As they became decadent control was taken by the clerks and mechanics, who became the corporate bureaucrats. The government bureaucrats became powerful in World War One and were the ruling elite in the depression and World War Two.

    By 1950 the bureaucratic elite realized that if the certification of upward mobility continued to be conspicuous consumption there would be a scarcity of resources, so they had to do something. The easiest way appeared to be to reverse evolution by making the middle class downwardly mobile. That has been the secret policy of both the corporate and governmental bureaucratic elite from the mid-1900s to the present.

    The evolutionary pressure toward a new version of global equality-on-the-average has caused the bureaucratic elite to be more desperately open in their desire to make the middle and working classes downwardly mobile, and has made the middle and working classes more willing to participate in public demonstrations of their opposition to the tactics of the elite.

    The demonstrations in Wall Street have now spread throughout the United States and followed the “Arab Spring” with an “American Autumn”. There may not be an immediate effect, but it will certainly affect the elections of 2012. People are normally afraid to do something out of the ordinary, but they will be much more willing to join an existing activity.

    The description of the theory behind social evolution and the history leading up to the current demonstrations can be downloaded from http://mayday.karleklund.net

    Karl Eklund
    karl@karleklund.net

  • http://wasatchecon.com Scott Peterson

    Have you not seen the story on Mayor Bloomberg’s aristocratic fancies? http://www.businessinsider.com/photos-mayor-bloombergs-townhouses-2011-9

    “n the New York town house, the photos show that visitors are greeted by what appeared to be, in the eyes of one antiques dealer, a Dutch old master painting, an English Regency table that could be worth $90,000 and sconces that could go for $40,000 each.

    In another room sits what the dealer said was a $1 million Georgian Chippendale couch beneath what appeared to be an 18th-century portrait by a prominent painter like Joshua Reynolds or Thomas Gainsborough, which might be worth $450,000. Throughout the house are more sconces and chandeliers valued in the five or six figures, the dealer said.

    “Michael wants to live large, like a 19th-century railroad baron,” Graydon Carter, the editor of Vanity Fair magazine and a longtime friend of Mr. Bloomberg, told The New York Times in 2001. “He sees himself as very much like the Carnegies or Mellons.”

  • Observer

    The problem is not just with Wall Street. Wall Street is only the symptom. Behind every Wall Street scandal is a loophole created by the GOP. Even the Deepwater Horizon blowout tragedy was created by a loophole by the Bush administration.

    In most developed countries, the top tax rate for companies & the rich hovers around 25% to 30%. In Scandinavian countries, its about 50% What is the tax rate in the US? 6% to 12% CEOs get multi-million bonuses.

    The other side of the coin is that US trade unions are chasing jobs off to overseas. Major manufacturers from Japan, Korea, Europe are not investing or building factories or plants in the US. We’ve to ask why?

  • http://republic-mainstreet.blogspot.com/ MainStreet

    I see that Obama’s class warfare tactic for reelection is working with his far left base. Yes, our elite universities, most that lean to the left, have created a group of Wall Street hedge fund managers, that contributed to the economic downturn. Yes, our left leaning President, with his anti-business policies, has contributed to the downturn. Yes, Frank and Dodd, with their support of Fannie and Freddie, created the sub-prime mortgage housing crisis, that, more than anything else, caused our economic collapse. Those that are marching against Wall Street, do they have an answer to our current financial system. I bet that if they stop to think, they have no real answers and are just being used by the far left socialists and communists to do their dirty work. If they truly believe in Socialism, then that is a real problem.

    • Gary Gans Brubaker

      The problem is you, sir. You can bring out the fear Socialism Ghost out of the closet, but was has unfettered Capitalism done for all of us? This is not a far left wing conspiracy. This is an assault on our future, on our lives, solely to become serfs to your bidding. No more. You really thought that your old neo-con scare tactics scare America? Not now, and never again.

      We are working to correct the errors of a President that let his minions create this, but you never thought that the former Middle Class would see through the smoke and mirrors. Well they have and they don’t like what they see.

      • Gary Gans Brubaker

        And that President is George Bush II.

      • KFofB

        The capitalism of the sort America employed has done quite well, thank you. We have fat poor people. These protestors all have apple phones, laptops, “vintage clothes”…and all without having a job it would appear. To say that these people get the “crumbs” is a despicable insult to those who actually suffer true poverty.

  • Alex

    I can’t help but wonder if this is all just part of a plan, an evil one. To start a revolution, you need not take to the streets, but use your intelligence to come up with a logical way to beat the system. I say start a comune. Those thousands of people could be working together to build there own city, one with wind farms and solar panels. One where what happens on wall street doesn’t matter. If we could live like that, if we could separate ourselves from them…… we could be happy…….

  • A_lad

    It’s all staged….. Ever hear of that Horses Ass George Soros? The sad thing is, those that are suffering and looking to the government for help will get sucked up in it. Control by Chaos…. People need to be looking to God for answers, not wicked governments that are probably being run by Hybrids, yes I said it, Hybrids…..

    May the Lord Reign forever!!!!!

    • Gary Gans Brubaker

      Do you really think God is on your side? The meek shall inherit the earth!

  • Ahmed Egyptian

    Yes, Fantastic, i am very happy to see the free americans revolt for their rights against every cheating governments”People wants to fall down the system”
    Peoples everywhere are cheated and victims of the bad non humanitarian actions that of all governments all over the world. You must ask your rights as we do
    I like the american people and congratulate them, we are all victims to the “Free Masonary” that killed many people..Peace, Love, & Cultures must spread the world and finish innocent people from americans and arabs and everyone

  • Gary Gans Brubaker

    Koch and Scaife are running scared with this, because we are not drinking their kool-aid! The Wicked Witches have sent the blogger monkeys to write lies and protect their greed-based system. John Birch Society be warned: you are next!

  • retiremefree

    It is about energy, no enough cheap energy for growth. We are in a decline because cheap energy is now needed for growth. We have plenty of oil for the wealthy but to expensive for the lower class.

    All economic growth depends on cheap energy, we have none left, we are all screwed or you can build lifeboats with others.

    Read collapsenet dot com or chrismartenson dot com the crash course.

  • Anon6278

    Maybe those with a little more than “crumbs” have human compassion to stand up for those in extreme poverty. Why do so many only worry for themselves when I’m fact we are all one self. I’ll exit with a relevant quote “the misery upon us is but the passing of greed, the bitterness of men who fear the way of human progress….”

 

 

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