2011-10-07 08:59:15

Wall Street protests expand across US


Protests against the U.S. financial system and economic inequality spread across America
yesterday. The Occupy Wall Street movement only began in New York last month. But in that time the small number of people who gathered in the US financial capital to voice their discontent has expanded to protests in more than a dozen cities.

Large organized labour unions and other progressive political groups are supporting the movement, which is broadly protesting corporate greed and political corruption.

US military veterans have even joined the growing protest group.

Veteran Tim Blanchette is part of a group called "Veterans for Peace" and is encouraged by the growing movement...

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The protesters have even found unlikely sympathy from a top official of one of the main targets of scorn -- the Federal Reserve.

Dallas Federal Reserve President Richard Fisher said on Thursday he was “somewhat sympathetic” adding that there were “too many people out of work for too long”.

US President Obama also acknowledged that the 'Occupy Wall Street' protests were a sign of the public's frustration with the slow pace of economic recovery and the way the financial industry works.
President Obama said that Congress needs to take urgent action.
The expanding protests are becoming increasingly well organised.

On Wednesday, about 5,000 people marched on New York's financial district, the biggest rally so far, swelled by nurses, transit workers and other union members. Listen RealAudioMP3








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