
Police take a participant, center, from a march organized by Occupy Wall Street after handcuffing him Saturday Sept. 24, 2011 in New York. / Tina Fineberg
Updated Sept. 25 at 3:29 p.m. ET
NEW YORK - About 80 people have been arrested as demonstrators who were camped out near the New York Stock Exchange marched through lower Manhattan.
The "Occupy Wall Street" protest is entering its second week. Demonstrators said Saturday that they are protesting bank bailouts, the mortgage crisis and the U.S. state of Georgia's execution of Troy Davis.
At Manhattan's Union Square, police tried to corral the demonstrators using orange plastic netting. Some of the arrests were filmed and activists posted the videos online.
Below: YouTube video posted by TheOther99Percent showing police using pepper-spray on penned-in protesters.
Police say the arrests were mostly for blocking traffic. Charges include disorderly conduct and resisting arrest. But one demonstrator was charged with assaulting a police officer. Police say the officer involved suffered a shoulder injury.
Protest spokesman Patrick Bruner criticized the police response as "exceedingly violent" and said the protesters sought to remain peaceful.
A police spokesman had no comment about the videos or the arrests.
http://www.opendemocracy.net/giorgio-griziotti/murdoch-and-berlusconi-fall-of-two-media-empires-and-network-multitudes
I understand the argument that money already earned through hard work and now invested was taxed at the standard income rate when it was earned but for people to cry, that to tax the income their money earns at the same rate as the income they earn is tantamount to double taxation, is a crock. Do these people not understand that when they pay sales taxes that they are paying taxes to spend money that they already paid taxes on when they earned it with their hard work?
Yes, when we invest I'm taking risks but we do have options to mitigate that risk... they're called T-Bills. Even when the economy tanks the smart people flock to the security (AA+ that is) they know and trust. The night that the S&P downgraded the U.S. I said they would go for the security of T-Bills and that's exactly what happened. The world didn't end.
As for those that scream that increasing taxes on capital gains will kill investment, what are they going to do if they don't invest their money? Are they really going to bury it in Mason jars in their back yards? Somehow I doubt that. Sure they could put their money in foreign markets, but considering those foreign markets are highly dependent on the stability of the U.S. economy... do I really have to spell it out? Maybe they can take their money to Europe's market. The only thing I can say to that though is good luck with Greece!
When the economy is driven off the cliff and the dollar is worth nothing the paying field won't exactly be leveled but it will be a hell of a lot closer. So to the wealthy that don't want to pay an equal share I ask, would you like to join the rest of America in poverty? Pay more taxes or we can go third world.
and Wall Street does!
Nothing to see here, folks. Move along.
They knew and understood (I hope) that they may very well be arrested for this protest before they decided to become a part of it. Just like folks in Egypt knew things might well get ugly before they accomplished their objectives.
Let's just hope it doesn't come to that here in the US.
See that and more at Http://therudeguy.com