By Esmé E. Deprez and Alison Vekshin – Oct 6, 2011 10:26 AM ET REST OF STORY HERE
The Wall Street Investors mock the protesters by Drinking Champagne! “Off with their heads.” Roseanne Barr.
Demonstrators from New York City to San Francisco took to the streets to protest what they call a growing wealth disparity between large U.S. corporations and average citizens in the wake of the financial crisis.
Picketers marched yesterday as part of the Occupy Wall Streetmovement that began three weeks ago in Lower Manhattan and has spread across the U.S. The New York crowd was estimated at 10,000, according to Patrick Bruner, a spokesman for the effort.
“There’s power in numbers, and we outnumber the people we’re trying to hold accountable,” said Henry Liedtka, a 27- year-old pharmacy worker from New Jersey who said he’s protested since Oct. 2. “We should be bailing out the American public — not corporations — by raising the minimum wage, bringing jobs back from overseas and improving labor conditions.”
Protesters criticized the government for propping up hobbled financial giants, including Citigroup Inc. (C) and Bank of America Corp. (BAC), with a $700 billion taxpayer-funded bailout in 2008, while leaving Americans to struggle with unemployment, depressed wages, soaring foreclosure rates and slashed retirement savings.
“We bailed them out and they are not lending the money,” JoAnn Herr, 60, a retired sheet-metal worker from Oakland, California, said in an interview yesterday outside the Federal Reserve Bank of San Francisco, where a march through downtown formed. “They are just holding onto it, giving themselves bigger bonuses and not paying their fair share of taxes.” CLICK HERE FOR THE REST OF THE STORY!