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Political Instability in the US? Massive Protests on Wall Street!

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http://finance.qq.com/a/20110918/000333.htm

China news agency, New York, September 17 - Title: Watch Wall Street suffered big demonstrations upheaval facing the United States?

China news agency reporter Li Yang

U.S. financial centers - New York local time, 17 Wall Street suffered a large-scale demonstrations, protesters have threatened to "occupation of Wall Street." Protest organizers said they intended to oppose American politics, money, two party competition, and social injustice.

China news agency reporters Zai Xian and Chang Muji, the number of demonstrators at least thousands, probably in New York in recent years suffered one of the largest demonstrations. Protest organizers predict that eventually there will be twenty thousand people participate in this called "rage" demonstrations.

New York police dare not neglect, not only early in the day, Wall Street completely blocked, even the Wall Street sign - Bronze Bull statue have also been completely blocked up, both inside and outside a number of police guarding, police cars and police motorcycles around Wall Street is over, the atmosphere is particularly tension.

Many demonstrators were angry the police completely sealed off Wall Street endless, but not a confrontation with the police. This reporter saw many people choose to sit the corner of Wall Street and brought tents and bedding roll, intended to fight a "protracted war."

Wall Street near the lawn bowling (Bowling Green) for a time became a gathering place for demonstrators. Emotionally to people shouting "Revolution now! Revolution now!" Slogan, many people shouting "To work! To work!"

High unemployment seems to be the main trigger of the trigger demonstrations. According to the U.S. Labor Department released the latest employment data in August U.S. employment fell by 30 states, including New York, the largest decline in employment in the month the New York State employers laid off 22,000 people, highlighting the New York State economic and employment situation is not optimistic.

According to China correspondent observed demonstrations of various left-wing organizations in the scene is quite active, with members of the labor movement for labor rights organization, also has a socialist movement called the "end of the capitalist system", a lot of flyers printed on the Latin American revolutionary leader were cut - Che Guevara's head.

An anonymous demonstrators Xinhua correspondent said to pass the protest "shows the power of the people", forcing Wall Street's financial giants threw their "occupation of the people's property." U.S. forces in the emerging political conservative, "Tea Party" has become a target for protesters.

A duty on Wall Street, the demonstration site, told reporters that the police are dismissive attitude, although he believes the unprecedented scale of this demonstration, the New York police efforts to deal with, but the demonstration itself, "成不了气候" should "quickly subsided."

New York City Mayor Michael Bloomberg is worried for the development of the situation. He said that the demonstrators have the right to express their demands, but can not interfere with other people's normal life. He also warned that if the U.S. government does not take effective measures to increase employment in the United States may occur similar to the riots in the streets of Egypt and Spain.

Bloomberg also called on Obama to address employment issues and take effective proactive measures to deal with. However the U.S. external social environment is also very optimistic about the continued demonstration of Greece and other places in Poland at the European and American finance ministers' meeting also due to the outbreak earlier demonstrations ended.

Bloomberg style has always been strong, and his remarks were seen as rather unusual position. Wall Street is now a large-scale demonstrations have been warning him to become a reality, to sound the alarm throughout the United States. U.S. economic situation is so low, dropping lower and lower employment rates, this trend continues, large-scale social unrest throughout the United States is not impossible.

---------- Post added at 08:33 AM ---------- Previous post was at 08:32 AM ----------

Wall Street Protest Begins, With Demonstrators Blocked - NYTimes.com

For months the protesters had planned to descend on Wall Street on a Saturday and occupy parts of it as an expression of anger over a financial system that they say favors the rich and powerful at the expense of ordinary citizens.

As it turned out, the demonstrators found much of their target off limits on Saturday as the city shut down sections of Wall Street near the New York Stock Exchange and Federal Hall well before their arrival.

By 10 a.m., metal barricades manned by police officers ringed the blocks of Wall Street between Broadway and William Street to the east. (In a statement, Paul J. Browne, the Police Department’s chief spokesman said, “A protest area was established on Broad Street at Exchange Street, next to the stock exchange, but protesters elected not to use it.”)

Organizers, promoters and supporters called the day, which had been widely discussed on Twitter and other social media sites, simply September 17. Some referred to it as the United States Day of Rage, an apparent reference to a series of disruptive protests against the Vietnam War held in Chicago in 1969.

The idea, according to some organizers, was to camp out for weeks or even months to replicate the kind, if not the scale, of protests that erupted earlier this year in places as varied as Egypt, Spain and Israel.

Bill Steyert, 68, who lives in Forest Hills, Queens, stood near the barricades at Wall Street and Broadway and shouted, “Shut down Wall Street, 12 noon, you’re all invited,” as tourists gazed quizzically at him.
Talking to a reporter, he elaborated, “You need a scorecard to keep track of all the things that corporations have done that are bad for this country.”

Nearby, Micah Chamberlain, 23, a line cook from Columbus, Ohio, held up a sign reading “End the Oligarchy” and said he had hitchhiked to New York. “There are millions of people in this county without jobs,” he said. “And 1 percent of the people have 99 percent of the money.”

Throughout the afternoon hundreds of demonstrators gathered in parks and plazas in Lower Manhattan. They held teach-ins, engaged in discussion and debate and waved signs with messages like “Democracy Not Corporatization” or “Revoke Corporate Personhood.”

Organizers said the rally was meant to be diverse, and not all of the participants were on the left. Followers of the right-wing figure Lyndon LaRouche formed a choir near Bowling Green and sang “The Star Spangled Banner” and “The Battle Hymn of the Republic.” Nearby, anarchists carried sleeping bags and tents.

At one point in the early afternoon, dozens of protesters marched around the famous bronze bull on lower Broadway. Among them was Dave Woessner, 31, a student at Harvard Divinity School.

“When you idealize financial markets as salvific you embrace the idea that profit is all that matters,” he said.

A few minutes later about 15 people briefly sat down on a sidewalk on Broadway, leaning against a metal barricade that blocked access to Wall Street. For a moment things grew tense as officers converged and a police chief shoved a newspaper photographer from behind.

After a police lieutenant used a megaphone to tell those sitting on the sidewalk that they were subject to arrest the protesters got up and marched south.

Mr. Browne said no permits had been sought for the demonstration but plans for it “were well known publicly.”

Mr. Browne said two people in bandanna masks were taken into custody for trying to enter a building at Broadway and Liberty Street that houses Bank of America offices. A third person fled.

As a chilly darkness descended, a few hundred people realized one of the day’s objectives by setting foot onto Wall Street after a quick march through winding streets, trailed by police scooters.

At William Street, they were blocked from proceeding toward the stock exchange, and the march ended in front of a Greek Revival building housing Cipriani Wall Street. Patrons on a second-floor balcony peered down.

As some of the patrons laughed and raised drinks, the protesters responded by pointing at them and chanting “pay your share.”
 

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