Occupy Wall Street Demonstrators to March Uptown, Aiming to Raise Awareness of Economic Inequality

Strategic Insights -

Protesters from the Occupy Wall Street movement will leave their usual haunt in Lower Manhattan and march uptown on Tuesday, aiming to draw attention to economic inequality and the influence of corporate money in politics. The march, which will take them past the homes of high-profile individuals such as JP Morgan Chase CEO Jamie Dimon and News Corp CEO Rupert Murdoch, is the latest move in the ongoing protests that have been taking place in cities across the country. The movement has gained significant attention in recent weeks, with celebrities such as Russell Simmons and Kanye West lending their support.

Key Takeaways:

  • The Occupy Wall Street protesters will march uptown on Tuesday, passing by the homes of high-profile individuals such as Jamie Dimon and Rupert Murdoch.
  • The movement has been largely peaceful, but has led to some skirmishes with police and arrests, particularly in New York and Washington.
  • The nationwide movement has sparked fervent public debate, including among politicians, with Democrats generally offering sympathy for protesters' concerns while some Republicans have described the demonstrations as "class warfare."
  • New York Mayor Bloomberg appeared to soften his stance on the protests on Monday, saying that the city will allow the protesters to stay indefinitely, as long as they obey the laws.
  • The Occupy movement has announced a "Call to Action Against Banks" for Saturday, which aims to draw attention to the role of banks in the economy and promote social change.
  • The movement has gained significant attention in recent weeks, with celebrities such as Russell Simmons and Kanye West lending their support.

Statistics:

  • Nearly 60 people associated with the protests were arrested in Boston on Monday and Tuesday.
  • The movement has led to some skirmishes with police and arrests, particularly in New York and Washington.
  • 1% of the country's wealth is controlled by the wealthy, according to a statement on the Rev. Al Sharpton's nationally syndicated radio program.
  • The Occupy movement has been growing in size and scope, with rallies and marches held in numerous towns and cities in recent days.

Sources:

  • CNN Wire Staff, CNN, NEW YORK
  • Elaine Driscoll, Boston Police Department
  • Rev. Al Sharpton, nationally syndicated radio program
  • Occupy Wall Street, Facebook
  • New York Mayor Bloomberg, CNN affiliate WCBS
  • Herman Cain, 2012 presidential campaign
  • Newt Gingrich, 2012 presidential campaign