Occupy Wall Street – A Citizen’s Movement Spreads Like Wildfire

By IPS Correspondents Reprint | | Print |

Oct 7 2011 (IPS) - As the Occupy Wall Street movement gathers momentum, activists, union members and community groups continue to gather every day in downtown Manhattan, as well as in a growing number of cities across the United States.

On Oct. 5, more than 10,000 people marched in New York to express their anger at growing economic inequality, focused on the “one percent” who take home 24 percent of national income and own half of the country’s stocks, bonds, and mutual funds, but owe only five percent of the nation’s personal debt.