A Different Analysis of Occupy Wall Street

October 29th, 2011
in econ_news

charlie rose Econintersect: Charlie Rose (pictured) had an interview this past week that expressed a different view of Occupy Wall Street than what Econintersect has been getting from the main stream media outlets, from MSNBC to Fox News. This shows a side of OWS that is only glimpsed in what is presented on all the customary news and opinion sources. The interviewees are Chris Hedges (truthdig.com) and Amy Goodman (Democracy Now).  The video is shown after the continuation break.

Follow up:

Charlie Rose, Monday, October 24, 2011:

charlie-rose-chris-hedges-amy-goodman-video

http://www.charlierose.com/view/interview/11961

Hat tip to John Leonard









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1 comment

  1. Derryl Hermanutz Email says :
    *****

    OWS is gaining supporters ever higher up the food chain. Bank of Canada Governor Mark Carney said the aims of Occupy Wall St are "entirely constructive" (!)
    http://www.theglobeandmail.com/news/politics/bank-of-canada-head-calls-occupy-protests-entirely-constructive/article2202064/

    Carney, who may be named the next head of the BIS global central bank regulatory agency, the Financial Stability Board, cut his financial teeth as a Goldman Sachs investment banker, and now he's supporting those who are protesting that Wall St has run amok.

    Carney is something of an outlier among central bankers. At the (2009? 2010?) Jackson Hole central banker fest, Carney gave a speech on Hyman Minsky, who is universally hated by bankers for his advocacy that they be reigned in as the primary source of financial instability. Carney is a regulator in an era of deregulation, a central banker who is owed a large share of the credit for the relatively sound state of the Cdn banking system.

    With Carney as head of the FSB, and Bill Black giving mighty testimony before the Senate Committee into the financial meltdown, and OWS gaining credibility as a political movement demanding change in the status quo, is it too much to hope that we might see our corrupt and faltering financial and economic systems restored to some semblance of law and order and working in the interests of the people of the nation?





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