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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-11-11 06:40 AM
Original message
Marketwatch: 5 myths of Occupy Wall Street
Edited on Tue Oct-11-11 06:41 AM by rfranklin
5 myths of Occupy Wall Street
Commentary: Why big financial interests are getting worried

By David Weidner, MarketWatch
NEW YORK (MarketWatch) — Occupy Wall Street, the month-long protest centered near the New York Stock Exchange, has the establishment scared.

What once was seen as a traffic problem in Lower Manhattan has elevated into a debate about economic inequality in America, with bulls-eyes trained on the backs of bankers.


How else can one explain the sudden explosion of media coverage at Zuccotti Park, the discussion of the protests by the Republican field of presidential hopefuls and a shout-out by President Barack Obama last week?

-snip-

Myth: The protesters are pushing for anarchy, support violence and communism.
Myth-makers: Ann Coulter, The Washington Times, bloggers, New Hampshire Tea Party, Ron Paul.

Fact: Many of the protesters are seeking jobs, are students or are underemployed. Not one of dozens of Occupy Wall Street protesters I spoke to want hand outs, or to overthrow democracy. Rather, they want a return to a democratic process free of corporate and special-interest money. The protests are a month old and have been mostly peaceful.

-more-

http://www.marketwatch.com/Story/story/print?guid=640772DE-F34A-11E0-BDE6-002128040CF6
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-11-11 06:45 AM
Response to Original message
1. recommend
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-11-11 07:03 AM
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2. K&R. eom
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flobee1 Donating Member (515 posts) Send PM | Profile | Ignore Tue Oct-11-11 07:08 AM
Response to Original message
3. #5 is funny
Edited on Tue Oct-11-11 07:58 AM by flobee1
that the msm tries to bring that up as a negative.
its a rare thing that someone is able to completely sever the cord of big business, but a far more common sight is people depending on them for less and less. I hate mcd's but sometimes there's just no time for anything else. I'd rather go to the farmers market and get a few peices of fresh picked fruit.
Even Pete Seeger has to buy clothes......
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YellowRubberDuckie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-11-11 07:47 AM
Response to Reply #3
5. My husband brought up an amazing point.
Wouldn't less government and less regulation be closer to anarchy than what the people who are Occupying are fighting for?
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flobee1 Donating Member (515 posts) Send PM | Profile | Ignore Tue Oct-11-11 07:57 AM
Response to Reply #5
6. It would be anarchy
but it would be the rich run amok. The little guy would be crushed like a grape, and that is not what they want
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Lindsay Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-11-11 07:08 AM
Response to Original message
4. I love that he calls out the people
and organizations who are responsible for spreading the disinformation.

K&R
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