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items tagged with Occupy Wall Street

Ted Rall: A New Movement Is Born
Written By: Jeff Ignatius
Section: Lifestyle

Category: Ted Rall

2011-10-24 11:05:19



Wall Street Couldn’t Have Done It Alone
Written By: Jeff Ignatius
Section: Commentary/Politics

Category: Guest Commentaries

2011-10-21 13:41:30

The spreading Occupy Wall Street movement, despite a vague worldview and agenda, properly senses that something is dreadfully wrong in America. The protesters vent their anger at the big financial institutions in New York’s money district (as well as other big cities) for the housing and financial bubble, the resulting Great Recession, the virtual non-recovery, the threat of a second recession, and the long-term unemployment – which averages more than 9 percent but hits certain groups and areas far more severely than others.

The protest is understandable, even laudable, but there’s something the protesters need to know: Wall Street couldn’t have done it alone. The protesters’ wrath should also be directed at the national government and its central bank, the Federal Reserve System, because it took the government or the Fed (or both) to:

• create barriers to entry, for the purpose of sheltering existing banks from competition and radical innovation;

• then regulate for the benefit of the privileged industry;


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Ted Rall: The Revolution Will Be Anesthesized
Written By: Jeff Ignatius
Section: Lifestyle

Category: Ted Rall

2011-10-15 02:01:20



#OccupyWallStreet Is More Than a Hashtag. It’s Revolution in Formation.
Written By: Jeff Ignatius
Section: Commentary/Politics

Category: Guest Commentaries

2011-09-29 14:27:13

(Editor’s note: A related commentary, “Wall Street Vs. Everybody,” can be found here.)

Police Guard Wall Street Bull Duing Occupy Wall Street. [Photo by Jim Kiernan. More Occupy Wall Street photos available at his Flickr stream here: http://www.flickr.com/photos/jimkiernan/sets/72157627569399583/]

A lot of what you’ve probably seen or read about the #occupywallstreet action is wrong, especially if you’re getting it on the Internet. The action started as an idea posted online, and word about it then spread and is still spreading, online. But what makes it really matter now is precisely that it is happening offline, in a physical, public space, live and in person. That’s where the occupiers are assembling the rudiments of a movement.


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Wall Street Vs. Everybody
Written By: Jeff Ignatius
Section: Commentary/Politics

Category: Guest Commentaries

2011-09-29 13:37:57

(Editor’s note: A related commentary, “#OccupyWallStreet Is More Than a Hashtag. It’s Revolution in Formation,” can be found here.)

An Occupy Wall Street protester in front of three police officers. Photo by Linh Dinh.

Wall Street got drunk […] It got drunk and now it’s got a hangover.” – George W. Bush

As usual, Bush got it wrong. Wall Street soberly and cynically got the rest of us drunk on dreams of home ownership, a robust stock portfolio, and a cozy retirement. This slurry bacchanal was fueled by the housing bubble and, when that exploded in our faces, bailouts saved Wall Street from any hangover, so it’s us who will suffer through a torturous, decades-long headache of a ruined economy.

But who are us, exactly? Us are the poor and the middle class, unions, retirement funds, and governments at all levels – federal, state, and city. Us are 99 percent, according to the mostly young protesters at Liberty Park in New York City. (Dubbed “Occupy Wall Street,” this encampment in the financial district began on September 17 and, until videos of police brutality hit the Web, had gone largely unreported in the mainstream media.)

Nearly everyone got ripped off, including the cops guarding these protesters. As a protest sign sweetly and innocently demands: “Say Sorry! To All of Us!”


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