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Published on Wednesday, October 5, 2011 by YES! Magazine
http://www.yesmagazine.org/blogs/david-korten/in-solidarity-with-occupywallstreet
By the calendar it’s autumn, but for many it is the beginning of the American Spring.
by David Korten
At this moment the brave and dedicated #OccupyWallStreet protesters are in the streets of New York and cities around the world. They call the world’s attention to Wall Street greed and corruption as a common source of the many crises that threaten the human future—economic, political, social, and environmental. This is a defining moment for America. It is our country’s version of the uprisings occurring around the world. It is a ray of hope for democracy and real prosperity in America and beyond.
Contrary to the Wall Street propaganda, Wall Street is a job killer, not a job creator. Wall Street banks and corporations have no interest in creating jobs, educating American children, or assuring that Americans have health care and retirement security. They appeal for ever more tax breaks and regulatory relief only to have yet more money to use as they used their taxpayer provided bailout: to increase executive bonuses, pay dividends, buy other companies, buy back their own stock to increase the value of their stock options, buy political favor, create new financial bubbles, and outsource yet more jobs.
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