USA, 847 cities join the ‘Occupy Wall Street’ protest.



SaebPress/OT/ …Occupy Wall Street movement continue to grow larger across all cities in the United States of America. On Friday morning, the website “Occupy Together,” a hub for nationwide events in solidarity with “Occupy Wall Street” reported gatherings in 847 cities. On Thursday, activists kicked off the “October 2011” protest by occupying Freedom Plaza in Washington, D.C.

Protesters use the slogan “We are the 99 per cent” to highlight that, they are not part of the one per cent of Americans owns the nation’s wealth.

In San Francisco, protesters resisting police tries to remove an “occupy” camp facing the Federal Reserve Bank. On Thursday, dozens of officers in riot gear fenced the camp and removed tents, sleeping bags belongs to protesters. The defiant Organizers of the protest said “more than 100 people are remaining in the area, despite losing their belongings”.

At the White House, President Obama weighed in on the “Occupy Wall Street” protests for the first time. Speaking at a news conference, Obama said he understands the protesters’ “frustration,” but ultimately believes in the financial sector.

President Obama: “Obviously I’ve heard of it. I’ve seen it on television. I think it expresses the frustrations that the American people feel — that we had the biggest financial crisis since the Great Depression … and yet you’re still seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on abusive practices that got us into this problem in the first place. So, yes, I think people are frustrated, and the protesters are giving voice to a more broad-based frustration about how our financial system works. Now, keep in mind I have said before and I will continue to repeat, we have to have a strong, effective financial sector in order for us to grow.”