Krugman: OWS 'an important event that might even eventually be seen as a turning point'

[Newsjock]

http://www.nytimes.com/2011/10/07/opinion/krugman-confronting-the-malefactors.html?_r=1&ref=opinion

There’s something happening here. What it is ain’t exactly clear, but we may, at long last, be seeing the rise of a popular movement that, unlike the Tea Party, is angry at the right people.

When the Occupy Wall Street protests began three weeks ago, most news organizations were derisive if they deigned to mention the events at all. For example, nine days into the protests, National Public Radio had provided no coverage whatsoever.

It is, therefore, a testament to the passion of those involved that the protests not only continued but grew, eventually becoming too big to ignore. With unions and a growing number of Democrats now expressing at least qualified support for the protesters, Occupy Wall Street is starting to look like an important event that might even eventually be seen as a turning point.

... The Obama administration squandered a lot of potential good will early on by adopting banker-friendly policies that failed to deliver economic recovery even as bankers repaid the favor by turning on the president. Now, however, Mr. Obama’s party has a chance for a do-over. All it has to do is take these protests as seriously as they deserve to be taken.

[XemaSab]

1. I love Krugman

:D

[MannyGoldstein]

2. Agree 100%

We're so fortunate to have Dr. Krugman. If he were in charge of the economy, and backed up by people with a will to get the job done, we could pull out of this morass.

[FarLeftFist]

3. Was down on Wall Street the other day and the passion and rage is SO intense.

Electrifying. I've been to numerous protests in Manhattan but something about the way the echoes and chants and whistles and bullhorns bouncing off the buildings of these financial institutions was haunting. You could feel revolution in the air.

[The Backlash Cometh]

4. How I'm reading this:

The public are taking Obama kicking and screaming on their way to instill change.

[xiamiam]

5. mr obamas party is now what needs a do over..we're the same..it is mr o..unfortunately..nt

[tblue37]

6. Sort of like the Stonewall riots: The point at which an abused group decides not to take

it any more.

[harun]

7. The Obama administration could use this support from the protestors

for change but I am not optimistic.

The protests will get bigger.

[nichomachus]

8. Something to think about

Something to think about. One of the most constant complaints one hears about #OccupyWallStreet is that the group has no demands. Its message isn’t tight. It has no leaders. It has no policy agenda. Well, neither did Stonewall. No demands, no "tight message," no leaders, and no policy agenda. It was just a bunch of people who were being oppressed and who weren't going to take it any more. They changed the world.

[mod mom]

9. I hope. I really wish Obama would use him as an advisor.

[Fire Walk With Me]

10. "Eventually"? Ha!