Noam Chomsky, the leading academic and public intellectual, has issued a statement in support of the “courageous and honorable protests” on Wall Street.
‘Anyone with eyes open knows that the gangsterism of Wall Street — financial institutions generally — has caused severe damage to the people of the United States (and the world). And should also know that it has been doing so increasingly for over 30 years, as their power in the economy has radically increased, and with it their political power. That has set in motion a vicious cycle that has concentrated immense wealth, and with it political power, in a tiny sector of the population, a fraction of 1%, while the rest increasingly become what is sometimes called “a precariat” — seeking to survive in a precarious existence. They also carry out these ugly activities with almost complete impunity — not only too big to fail, but also “too big to jail.”
Source: Roar mag
The Occupy Wall Street protests have been going on New York for three weeks.
Tomorrow, they plan a "Millionaires' March" through Manhattan's Upper East Side to take their grievances about the gap between rich and poor to the doorsteps of the super-rich.
The demonstrations are spreading across the USA. There will be so0lidarity protests on at least 56 campuses.
On Monday, several thousand protesters, including teachers and religious leaders, converged on downtown Chicago, targeting a meeting of the Mortgage Bankers Association and a US futures exchange trade association conference.
On Tuesday in Boston there were more than 100 arrests in Dewey Square Park.
There is an Occupy Camp in Washington
A protester affiliated with the Occupy Wall Street protests stands with a US dollar bill taped over his mouth in Zuccotti Park in New York. ASSOCIATED PRESS
Gan Golan, of Los Angeles, dressed as the "Master of Degree," holds a ball and chain representing his college loan debt in Washington DC. (AP)
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