§ Occupy Wall Street §

∞ B y { T u c k ε r U ε b ε r s a x } ∞

◙ Introduction to Wall Street ◙

Wall Street is one of the most financial districts in the United States. It hosts some of the oldest skyscrapers in the world and is in the location of the former World Trade Center. It is the home to important US stock exchanges. On the street is the place where US monetary policy (The Federal Reserve) is executed. Wall Street is used to stand for both the financial industry and those who work in the industry.

‡ Who is Occupy Wall Street? ‡

"Occupy Wall Street is a people-powered movement that began on September 17, 2011 in Liberty Square in Manhattan’s Financial District, and has spread to over 100 cities in the United States and actions in over 1,500 cities globally...The movement is inspired by popular uprisings in Egypt and Tunisia, and aims to fight back against the richest 1% of people that are writing the rules of an unfair global economy that is foreclosing on our future."(www.occupywallst.org/about)

† Occupy Wall Street Movement †

Saturday, Sep. 17th 2011 at 12am

Zuccotti Park, New York, NY, United States

New York, NY

Mission: Stop the unfair favoring of corporations and the wealthy; Equal out financial inequality; Recognize the 99%.

Rallying Call: "We are the 99 percent".

Big Picture: Want the government to create jobs and reduce economic inequality; Lessen the influence on corporations on the politics;

Effects in the USA: These problems were leading to unfairness in the country; household income is dropping while prices of items are increasing; 1% of the wealth controls 42% of the nations wealth; Unemployment is over 9%; Economic gains have gone to the country's 1%.

Attendees: Over 6,000.

End: Never. There has been no official end as it is still ongoing through out the world.

✔ Effects of the Movement ✘

According to Time Magazine, "Debit-card fees...Bank Transfer Day...Student Loan Relief...Financial Reform...", are some of the effects that happened as a result of the movement. Banks are now charging per month to use your debit-card. A new protest called "Bank Transfer Day" happened calling for big customers of banks to close their accounts. Students are getting help paying the Student Loans and there was a new governmental agency was created called "Financial Reform".
Occupy Wall Street: the story behind seven months of protest

 

Occupy Wall Street: The Story behind Seven Months of Protest. Youtube, 19 Apr. 2012. Web. 11 May 2016. <https://www.youtube.com/watch?v=KFOWci6yrSs>.
"We Are The 99%" Chanting At Occupy Wall Street 10/5

"We Are The 99%" Chanting At Occupy Wall Street 10/5. Youtube, 6 Oct. 2011. Web. 11 May 2016. <https://www.youtube.com/watch?v=A0Je8qX6WDI>.

Ⓐ Assessment Question✎

The participants of the Occupy Wall Street Movement demonstrated their beliefs by showing how they truly feel. They expressed their feelings of hatred and bias in the sense that there was not equality. They did this by staying in the park and doing multiple marches. They did these in the hope that they will be equal in Wall Streets eyes.