Occupy Wall Street

3:44 pm
Mon September 17, 2012

Occupy Wall Street Marks One-Year Anniversary

Protestors with Occupy Wall Street are marking their one-year anniversary with demonstrations this week, but critics argue the movement has lost momentum and is in disarray.

The protests started in New York City's financial district in reaction to corporate greed, rising unemployment and the national recession. It drew attention to the country’s income gap and economic inequality by rallying behind the 99 percent of wage earners. Several other Occupy demonstrations sprouted up across the country to address foreclosures and affordable housing and saw varying degrees of success.

But opponents say the movement has died down because the leaderless coalition had no clear platform or strategy.

From L.A. Times:

Yet the movement cannot claim any new policy, law or regulation as its own. Unlike the Tea Party on the political right, there is no cohesive Occupy group promoting candidates in November's national election.

Karl Zoellner is a spokesman for Occupy Louisville. He says the movement is in transition, but has successfully pushed an agenda.

"The name, the brand Occupy is not on the front burner like it once was. But the issues of the 99 percent, which is something that the Occupy Wall Street brought attention to, has in turn become the focus of thousands of social justice organizations across the United States," he says.

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