Occupy Wall Street (OWS)

Occupy wall street is the name of a protest movement which began

on September 17.2011 in zuccotti park. Located in new York city is
for the reason of wall street financial district.
The protest was initiated by the Canadian activist group named ad
busters which subsequently led to occupy portents and movements
around the world.
The main issues of thin protest are social and Economic inequality,
greed, corruption and the perceived undue inferences of corporations
on government speedily from the financial serve sector
The OWS slogan “we are the 99%” that addresses the growing of
depriving of unequal income and wealth distribution. In the U-S
between the wealthiest 1% and the nest of the population. To achieve
their goals, protesters act on consensus based decisions made in
general assembling which emphasize direct action over petitioning
authorities for redress.

Protester were forced out of Zueeotti park on November 15,2011 after

several unsuccessful attempts to re-occupy the original location,
protesters turned their focus to occupying banks, corporate
headquarters, board meeting, college and University campuses.
[ Goals of OWS]
Goal include
-Reduction the the influence of corporations on polities.
-More balanced distribution to income
-More the batter jobs
-Band reform
-Forgiveness of student loan debt
-Allegation of the foreclosure situation

The Origin of Wall Street:-

OWS was initiated by KALLE LASN and MICAH WHITE of
Adbusters, a Canadian anti-consumerist publication, who conceived
of a September 17 occupation in lower Manhattan. Lasn registered the
Occupy Wall Street.org web address on June 9 That same month;
Adbusters emailed its subscribers saying “America needs its own
Tahrir.” White said the reception of the idea "snowballed from there."
In a blog post on July 13 of 2011. Adbusters proposed a peaceful
occupation of Wall Street to protest corporate influence on
democracy, the lack of legal consequences for those who brought
about the global crisis of monetary insolvency, and an increasing
disparity in wealth. The protest was promoted with an image featuring
a dancer atop Wall Street's iconic Charging Bull statue.
The portent was promoted with an image featuring a dancer atop wall
street iconic charging bull

FUNDING TO CONTINUE PROTEST

During the beginning weeks of the park encampment it was reported

that most of OWS funding was coming from donors with incomes in
the $50,000 to $100,000 range, and the median donation was $22.
According to finance group member Pete Dutra, OWS had
accumulated over $700,000. During the period that protesters were
encamped in the park the funds were being used to purchase food and
other necessities and to bail out fellow protesters. With the closure of
the park to overnight camping on November 15, members of the
OWS finance committee stated they would initiate a process to
streamline the movement and re-evaluate their budget and eliminate
or merge some of the "working groups" they no longer needed on a
day-to-day basis.

Met with increasing costs and significant overhead expenses in order

to sustain the movement, an internal audit from the fiscal management
team known as the "accounting working group" revealed on March 2,
2012 that only $44,000 of the several hundred thousand dollars raised
still remained available. The report warned that if current revenues
and expenses were maintained at current levels, then funds would run
out in three weeks. Some of the movement's biggest costs include
ground-level activities such as food kitchens, street medics, bus
tickets, subway passes, and printing expenses. In late February 2012 it
was reported that a group of business leaders including Ben Cohen,
Jerry Greenfield, Danny Goldberg, Norman Lear, and Terri Gardner
created a new working group, the Movement Resource Group, and
with it have pledged $300,000 with plans to add $1,500,000 more.
The money would be made available in the form of grants of up to
$25,000 for eligible recipients.

Significant responses of OWS

October 5, 2011 in Foley Square, members of National Nurses United

labor union supporting OWS

During an October 6 news conference, President Barack Obama said,

"I think it expresses the frustrations the American people feel, that we
had the biggest financial crisis since the Great Depression, huge
collateral damage all throughout the country ... and yet you're still
seeing some of the same folks who acted irresponsibly trying to fight
efforts to crack down on the abusive practices that got us into this in
the first place."

Republican presidential candidate Mitt Romney said that while there

were "bad actors" that needed to be "found and plucked out", he
believes that targeting one industry or region of America is a mistake
and views encouraging the Occupy Wall Street protests as
"dangerous" and inciting "class warfare". Romney later expressed
sympathy for the movement, saying, "I look at what's happening on
Wall Street and my view is, boy, I understand how those people feel."

House Democratic Leader Rep. Nancy Pelosi said she supports the
Occupy Wall Street movement. In September, various labor unions,
including the Transport Workers Union of America Local 100 and the
New York Metro 32BJ Service Employees International Union,
pledged their support for demonstrators.

Five days into the protest, political commentator Keith Olbermann,

formerly of CurrentTV, vocally criticized mainstream media outlets
for failing to cover the initial Wall Street protests and demonstrations
adequately.

The Internet Archive and the Occupy Archive, a project at the Roy
Rosenzweig Center for History and New Media at George Mason
University, has been collecting material from Occupy sites beyond
New York.

In November 2011, Public Policy Polling did a national survey which

found that 33% of voters supported OWS and 45% opposed it, with
22% not sure. 43% of those polled had a higher opinion of the Tea
Party movement than the Occupy movement. In January 2012, a
survey was released by Rasmussen Reports, in which 51% of likely
voters found protesters to be a public nuisance, while 39% saw it as a
valid protest movement representing the people.
Initiated By Kalle Lash and Micah White
Organization ADBUSTERS an anti-consumerist organization,
Canda.
Time 17 September2011.
Place Zuccotti Park, New York City.
Main Reasons -Influence of corporation on Politics
-Inequality of income and wealth
-corruption in corporation.
Slogan We are the 99 Percent.

Overview of Occupy Wall Street