The people are “mad as hell, and not going to take it anymore.” The “99 percent” — the oppressed working class — have taken to streets around the globe, outraged at “fascist, money-grubbing corporations.” Occupy Wall Street USA has gone global, with movements in Sydney, Tokyo, Hong Kong and more.
The Background
Originally, Occupy Wall Street protested the Federal Reserve Bank. An entity who many believe is the puppet master to the marionette of failing global economies. “Hacktivist” group Anonymous — the same group threatening to take down Facebook on Nov. 5 — spearheaded the original protest, encouraging all members of their group to “Occupy” on Day 1.
However, the sentiment of the original movement quickly changed from protesting the Federal Reserve to a demonstration against big business. Leftist supporters glommed on to the idea of protesting, and morphed it into an outcry for equal wealth distribution.
The Economy
The problem with this philosophy, from an economic standpoint, is that Wall Street — and stock markets around the world — can only react to the trends set by The Federal Reserve Bank. While many believe that the Federal Reserve works only in American currency, the truth is that the Federal Reserve is part of the central banking system, with far-reaching influences. To make matters worse, the “big banks” being protested, aren’t on Wall Street.
The original protesters believe the Federal Reserve has its hand in controlling global currency. In other words, approved government policies backed by corporate lobbyists control the wealth of the world, which is all funneled back into the Federal Reserve. The one percent is, indeed, not a nameless, faceless gaggle of CEO’s and stockholders, but a central banking system. CEO’s, stockholders and the “wealthy” suffered right along with the middle class and poverty level people of the globe, loosing large portions of their “wealth” in the stock market.
Is “occupy” more about class warfare than the demonstrating the truth? Some people believe it is.
What Do They Want?
The protesters are all over the map with what they “want”. Economists and analysts against Occupy Wall Street say that it is fundamentally flawed because it is a leaderless movement without clearly defined goals. What “occupiers” may want in New York City might be 180 degrees different from what “occupiers” want in Denver, Tokyo, Japan, Sydney or anywhere else.
The Bottom Line
While it is easy to sympathize with those who are jobless, homeless and hopeless as they march against inequality, one has to ask if their anger is misplaced. Regardless, the original sentiment behind the movement has been lost, protests are becoming viral and violence is beginning to erupt. Unless someone is able to take ownership of this protest on a global scale and provide protesters and supporters with viable answers and solutions, we might be seeing the first signs of a global revolution.