Friday, October 14, 2011

OWS


OWS
Occupy Wall Street (OWS), the movement that is now in 1100 cities in the United States, itcould merge with the Tea Party? At first glance, the question can make people laugh: on one hand the populist movement, anti-Obama, anti-government, anti-taxes, anti-immigration, anti any interpretation of the Constitution to bear arms. On the other, young people (even if they are supported by a significant fringe of the upper middle class) who demand that Wall Street is paid at the appropriate level for the destruction of the economy,in an atmosphere reminiscent 60 years. Between the movement of the right (often extreme) and the emerging movement to the left, few things in common, a priori.
In the essay published in Time, the author argues that both groups are furious that their dollars were used to rescue Wall Street, the furious undermined the American Dream which means, among other things, that each generation do better than the last, at least from a social point of view, and both are furious against a system that appears to be a plutocracy, not a democracy.
But the similarities end there.
Politico reports that the Tea Party has embarked on an effort to discredit OWS by circulating videos showing the excesses of some members of OWS, looking for links between activists blocking Wall Street or the streets of San Francisco or Boston, and unions. The funny thing is that the Tea Party want to repeat that the movement is comparable to Martin Luther King, while OWS like Malcolm X, the black power activists in the 60s.
Despite the efforts of the Tea Party to discredit its competitor on the left, the Americans are not convinced. According to a Time poll, 54% of Americans support Occupy Wall Street, while only 27% - half - to support the Tea Party.
The Tea Party may be at a turning point (just before the precipice). After holding a lead the Republican Party since the election of Barack Obama, the GOP is actually doing the Tea Party the fall guy. It probably is about to choose Mitt Romney as his candidate for the White House, the man perhaps most distant from the ideas (if you can call them that) of the Tea Party. And Wall Street, which is funding the Tea Party, said its leaders that it was time to calm down. By their extreme behavior that threatens the country's economy, they threaten the interests of their master. They work to destabilize the country _ and thus jeopardize the reelection of 44th _ but no question of breaking the machine further. In the niche, now!
At the same time, OWS was entitled to the imprimatur of some of the titans of Wall Street, curiously. Vikram Pandit, CEO of the giant Citigroup, told Businessweek that the "sentiments of the protesters were completely understandable." "The trust has been broken between financial institutions and citizens of the United States. The work of Wall Street is to restore that trust." There's work.

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