Wall Street banksters effectively demanded that we throw hundreds and hundreds of billions of dollars of
our tax money at them to supposedly save us all from a problem
they deliberately engineered. They did not turn
any of that money into jobs. Three years later the 99% are even worse off, while the banksters sat on that money and lined their own pockets with it.
Alternet has published a very useful little primer on why Wall Street is the target for the current protests. If you are having any arguments about this, I urge you to read the whole thing, which fully expands on all the following 10 points.
The movement that's building is somewhat amorphous, to be sure, but the target, boith in practical and symbolic terms, is common to everyone.
1. Wall Street caused the crash
2. The Wall Street crash directly caused the gravest unemployment crisis since the Great Depression
3. Wall Street profited from the bailouts and remains unaccountable
4. The super-rich are getting richer
5. The super-rich are paying lower and lower taxes
6. Financial elites pay lower taxes than their secretaries
7. None of those who caused the crash have been prosecuted
8. Wall Street is much too big and its salaries are much too high
9. Wall Street still owns the regulators
10. Financial innovation is a joke
http://digbysblog.blogspot.com/2011/10/why-wall-street.html
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