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3 Oct, 2011 21:13

Open-ended Wall Street occupation

The group of protesters on the streets of New York continues to grow, and now war veterans are joining in to show their support. The brutal showdown on Brooklyn Bridge, where over 700 people were arrested, spawned another protest near City Hall.

Protesters are planning another demonstration, this time directly outside of City Hall, RT’s Marina Portnaya reported.The purpose of this protest is to call on the city to drop all charges against nearly 800 activists who were arrested on Saturday evening. Those arrests took place when “Occupy Wall Street” protesters marched onto the Brooklyn Bridge, causing it to be shut down in one direction. US soldiers and veterans are expected to join the protest near City Hall. They said they will be coming out to protect protesters from another brutal confrontation with the New York Police Department. The group of protesters is constantly expanding, and with the servicemembers joining the protests, the marches will be getting much more attention. The “Occupy Wall Street” movement is promising more marches against corporate greed, and the demonstrations are expected to continue throughout the week.

Meanwhile, during a news conference at United Nations headquarters on Monday, billionaire George Soros said that he sympathizes with protesters and completely understands the frustrations of small business owners.“Actually, I can understand their sentiments, frankly, because there are a lot of people, for instance, running small businesses, who saw their credit cards being raised from 8 percent to 28 percent and they were relying on that credit to run their business, and a lot of them actually were put out of business,” Soros said. “At the same time, the decision not to inject capital into the banks but to effectively relieve them of their bad assets, and then allow them to earn their way out of a hole, gave the banks bumper profits and that allowed them to pay bumper bonuses,” he added. “As I say, I can sympathize with their grievances.”