Sunday, Nov 29th

Last update06:44:16 AM GMT

You are here News Economy Wall Street protesters: over-educated, under-employed and angry

Wall Street protesters: over-educated, under-employed and angry

E-mail Print PDF

Wall Street protestsInspired by Tahrir Square, those who gathered in lower Manhattan are keen to mount a more permanent protest at corporate influence in US politics.

In the heart of New York's financial district, the marble and concrete floor of lower Manhattan's Zuccotti Park was strewn with untidy clumps of people, gathered in small groups amid a jumble of sleeping bags, mattresses and home-made banners, protesting against the banks and institutions that towered over them.

Some sat in circles, talking earnestly, others hugged, while at one side of the park, a small gaggle of "facilitators" took it in turns to address the crowd in chants. Mostly under 30, they are the self-proclaimed "over-educated and under-employed", protesters left over from the 5,000-strong demonstration to "Occupy Wall Street" that took place on Saturday. On the third day of the protest, a hard core, including students, artists, performers and writers who have since slept out in the park, said they planned to occupy the square for the forseeable future.

One student, who gave name as Romeo C, said he was typical of the #occupywallst protesters. Romeo, 26, said: "We have a president who tells us to do the right thing, to go to school, to get a better life, but I'm not getting a better life. I am a new college graduate and I have $50,000 of college debt built up while studying business management at Berkley University. I can't find a job to play it off."

"Look around us, Chase, City group, Goldman Sacks – they got us in this position in the first place. The banks get a bailout but what about us? Where's our bailout?"

"A lot of my friends are here. We have good degrees, we have worked hard, but now what?


Most Recent Related Stories...

Another big corporation is flagrantly dodging tax. This must be outlawed

Another corporation evades taxesNo invention of modern capitalism so enrages the public as does the tax haven. When giant...

NY's Gov. Andrew Cuomo raising minimum wage for state employees

NY Gov. CuomoNew York Gov. Andrew Cuomo on Tuesday announced plans to give all state workers a minimum...

Inside the Money Laundering Scheme That Citi Overlooked for Years

Citi money laundering schemeWhen Antonio Peña Arguelles opened an account in 2005 at Citigroup’s Banamex USA, the know-your-customer documents...

Top 100 US CEOs sitting on retirement nest egg of nearly $5bn

CE0 retirement in the billionsForget retirement worries: once a fat cat, always a fat cat. The top 100 chief executive...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!