On September 17 people gathered in Zuccotti Park, located in the NY Wall Street financial district. The objective of this peaceful protest was to draw attention on the social and economic inequality, corporate greed, and the influence of the financial sector on government policy.
Friday, May 10, 2019
The Occupy Wall Street Movement
September 17, 2011 marks the beginning of the Occupy Wall Street movement. Two days prior, marked 3 years after the Lehman Brothers company filed for bankruptcy. After President Bush signed the American Dream Down Payment Act, buying a home became significantly easier. Companies like The Lehman Brothers became heavily involved by issuing loans to people of high risk. Banks were relying on the housing market to steadily continue to increase in order for them to make money. In 2006 however, the housing market began to crash which lead to the weakening of banks like Bear Stearns and The Lehman Brothers. The crash of big companies such as these, meant jobs were being lost and money was leaving the pockets of ordinary Americans.

On September 17 people gathered in Zuccotti Park, located in the NY Wall Street financial district. The objective of this peaceful protest was to draw attention on the social and economic inequality, corporate greed, and the influence of the financial sector on government policy.
On September 17 people gathered in Zuccotti Park, located in the NY Wall Street financial district. The objective of this peaceful protest was to draw attention on the social and economic inequality, corporate greed, and the influence of the financial sector on government policy.
Subscribe to:
Post Comments (Atom)
Killing Osama
After being elected President, Obama accomplished many things but the most notable is ordering the killing of Osama Bin Laden. After several...
-
The Flappers and Vamps were a generation of young women from the West, who completely challenged the idea of how women should act during in...
-
The MIRV, introduced in 1970 and meaning Multiple Independent Reentry Vehicle, was a new kind of offensive missile invented by the United St...
-
The Swastika, 卐, is a symbol that originated in Eurasia, that was meant to serve as a universal image for spirituality. It was also commonly...
No comments:
Post a Comment