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Wall Street Protests

October 5, 2011 by staff 

Wall Street ProtestsWall Street Protests, Protests on Wall Street, the center of the story of American commerce is expected to swell as more reinforcements to the head groups of lower Manhattan, expanding the scope of the ongoing demonstrations.

Among those planning to join the outcry on Wednesday are the liberal group MoveOn.org and community organizations like the Working Families Party, NY USA. The growing crowds also include members of the Chinatown Tenants Union and the Transit Workers Union, noting that a protest that started small shows no signs of losing strength. Meanwhile, organizers have called on students on college campuses across the country to leave the classroom in protest at 2 pm

“I think it is capturing a sense of powerlessness, feeling that nobody listens to them,” said Camille Rivera, executive director of United NY. “What do you do when nobody is listening? You speak, to take action.”

The groups will embark on another march, this time from Foley Square in Lower Manhattan, which was named for the “Big Tom” Foley, a former blacksmith’s helper who became a prominent leader of New York Democratic Party.

Protesters will target Zuccotti Park, the official site where protesters have been camped out in sleeping bags. It is unclear how many people will join the march on Wednesday, but organizers say that several thousand people would show up.

MoveOn.org is planning a “virtual march” on their website encouraging people to post pictures of themselves with the caption: “I am the 99 percent” – a reference to those people not among the richest in the 1 percent of Americans and the debate over whether to tax more. Group Chief Executive, Justin Ruben, called the demonstrators “brave young people” who have had success inspired others to join them.

“From our perspective, we are protesting the kind of greed that led to the collapse of our economy,” said Reuben. “The fact that these banks are not paying their fair share.”

Many who work on Wall Street say the protests do not take personally. In fact, some even sympathize.

“It’s really amazing to me, the passion and conviction that these people have,” said Lou Crossin, who works for a company that sells corporate governance research to large investors. “I do not think it is violent people. They are just defending their beliefs.”

Crossin said the demonstrators – with their singing in unison, pamphlets and drum circles – he recalled the lyrics of a song from their youth, Jefferson Airplane, “Look what is happening in the streets Got a revolution.”.

He was not alone in feeling that way. Sam Schmidt, a criminal defense lawyer who walks through the park every day, said the protests took him back to when I was a college student in 1970 and went to Washington, DC, to oppose the Vietnam War.

“I have 60 years of age. I lived the 60 and 70, and this is nothing. I think it’s good behavior. We have some crazy, but we have some crazy here (in New York) anyway,” he said. “It’s just reminiscent of my youth.”

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