Saturday, 8 October 2011

Why the Washington Establishment is Heeding Occupy Wall Street

The running critique of the Occupy Wall Street protests is that they have too many bongo drums and not enough message coherence. But that hasn’t stopped Washington’s elite–Federal Reserve Chairman Ben Bernanke, Treasury Secretary Tim Geithner and President Barack Obama–from all hearing the same, singular message loud and clear.
“I think people are quite unhappy with the state of the economy and what’s happening,” Bernanke said at a Wednesday hearing on Capitol Hill. “They blame, with some justification, the problems in the financial sector for getting us into this mess, and they’re dissatisfied with the policy response here in Washington. And at some level, I can’t blame them.”

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