"SO what exactly is happening here? In a nutshell, Americans are
ticked off. Millions are struggling financially; many are out of a job
or are underemployed. They can't pay their bills. They are falling
deeper into personal debt. They are losing hope that things will improve
in the foreseeable future. Worst of all, while they are falling further
behind a small minority appears to be leaping further ahead.
Wall Street and the big banks caused the market crash that cost millions of jobs and plunged the US economy into near-depression. Yet three years later, the country's financial elite continues to prosper while the other 99% suffers. Meanwhile, Washington, due mainly to the unceasing obstructionism of the Republican party, seems completely incapable of arresting America's decline.
In some ways, what's most amazing about OWS – and the support it's receiving – is not that it happened, but frankly why the hell it took so long.
Throughout American history, populist movements have arisen in similar situations (...)"
Wall Street and the big banks caused the market crash that cost millions of jobs and plunged the US economy into near-depression. Yet three years later, the country's financial elite continues to prosper while the other 99% suffers. Meanwhile, Washington, due mainly to the unceasing obstructionism of the Republican party, seems completely incapable of arresting America's decline.
In some ways, what's most amazing about OWS – and the support it's receiving – is not that it happened, but frankly why the hell it took so long.
Throughout American history, populist movements have arisen in similar situations (...)"
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