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October 5, 2011

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Wall Street protests gaining traction

PROTESTS against Wall Street yesterday entered their 18th day as demonstrators across the United States show their anger over the wobbly economy and what they see as corporate greed by marching on Federal Reserve banks and camping out in parks from Los Angeles, California, to Portland, Maine.

Demonstrations are expected to continue throughout the week as more groups hold organizational meetings and air their concerns on websites and through streaming video.

In Manhattan on Monday, hundreds of protesters dressed as corporate zombies in white face paint lurched past the New York Stock Exchange clutching fistfuls of fake money. In Chicago, demonstrators pounded drums in the city's financial district. Others pitched tents or waved protest signs at passing cars in Boston, St Louis, Kansas City, Missouri and Los Angeles.

A slice of America's discontented, from college students worried about job prospects to middle-age workers who have been laid off, were galvanized after the arrests of 700 protesters on Brooklyn Bridge over the weekend.

Some protesters likened themselves to the tea party movement - but with a liberal bent - or to the Arab Spring demonstrators who brought down their rulers in the Middle East.

"We feel the power in Washington has actually been compromised by Wall Street," said Jason Counts, a computer systems analyst and one of about three dozen protesters in St Louis. "We want a voice, and our voice has slowly been degraded over time."

The Occupy Wall Street protests started on September 17 with a few dozen demonstrators who tried to pitch tents in front of the New York Stock Exchange. Since then, hundreds have set up camp in a park nearby and have become increasingly organized, lining up medical aid and legal help and printing their own newspaper, the Occupied Wall Street Journal.

About 100 demonstrators were arrested on September 24, and some were pepper-sprayed. On Saturday, police arrested 700 on charges of disorderly conduct and blocking a public street as they tried to march over Brooklyn Bridge.




 

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