To be honest, I thought that this occupation promoted by online hactivist collective Anonymous and Adbusters had a real chance to create some havoc and I was worried about the effect on the stock market and my investments. I kept close tabs on the protest on the first day of the occupation on September 17th, watching the livestream all day long. Then the market opened on Monday and there was no media coverage of the event and I thought the occupation would just peter out.
It seemed that way when the thousands of people who initially occupied the park dwindled to hundreds, but then something crazy happened. After an incident with the police where some protestors got pepper sprayed, the movement finally got some media coverage and the protests really gained some traction.
Amazingly, this rag tag bunch of misfits, a mix of ex hippies, frustrated youth and new age hacktivists has gained the support of unions and like minded individuals all across the country with occupations springing up in many cities of the United States and the world including my city, Los Angeles.
The protestors have given voice to the people of America who are angry that the rich are getting richer and the poor are getting poorer. People sense that the American dream, the dream that their children will have a better life than them, is unlikely to occur and they blame globalization and the corporatocracy. The people know that the class war which Republicans have railed against Obama for starting, has already been lost to the oligarchs that run the world through their puppets in governments around the world.
There is something definitely wrong with a system that socializes losses and privatizes gains. The people are now 15 trillion in debt for problems they did not create. Back in 2008, banks were bailed out to the tune of hundreds of billions of dollars in perhaps the greatest fraud in history. We were told that it would be the end of the world as we knew it if the bankers did not get their money. Well, the banks got their money and all we got was a shitty economy with 9.1% unemployment. To top it all off, Bank of America recently decided to raise fees to 5 dollars a month just for using your ATM card. Talk about a slap in the face. It is no wonder the people are pissed off.
At the start of this protest, Anonymous put out a video where they said that this Occupy Wallstreet protest could be "the beginning of the global revolution we've all been dreaming about for so long ... wouldn't that be lovely." With protests springing up all over the world and momentum increasing, their dream just might come true.
Watch the global revolution unfold here...
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