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Why Occupy Wall Street?

Windsor

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To those who are blissfully ignorant about OWS, George Carlin explains. In the Singapore context, substitute Greedy Corporations with MIWs, and you get the big picture. If you are happy with the status quo, please carry on with your life, but for those who are against being treated like fools and being downtrodden by those who think they are god's gift to the world, do something to better your life and those of your children.


This is what it is all about:


:( :mad:
 

neddy

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Occupy Wall Street protesters are particularly irate about the share of the total income pool that the top 1% of the population takes home. It's a valid point as in 2007 it was disturbingly similar to the level just before the Great Crash in 1929.

111017%20what%20the%20wall%20st%20protests%20are%20about%202_0.png

Source: Thomas Piketty and Emmanuel Saez, 'Income inequality inthe United States, 1913-1998', Quarterly Journal of Economics 118 (1), 2003. Updated to 2007.

The 'Occupy' protests are objecting to a number of things, but chief among their concerns is this: the fact that while their wages are going nowhere, being cut, or disappearing as jobs are lost, CEOs are still making ever more money.

111017%20what%20the%20wall%20st%20protests%20are%20about.png

Source: "Executive Excess 2008", the 15th annual CEO Compensation Survey from the Insitute for Policy Studies and United for a Fair Economy
 
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Windsor

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Occupy Protests Now Arrived In Iran

Iranians are also supporting the Wall Street protestors.

 
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