Keep up with the news by installing RT’s extension for . Never miss a story with this clean and simple app that delivers the latest headlines to you.

 

US turmoil: Mayor Bloomberg lashes out at protesters

Published time: October 08, 2011 02:53
Edited time: October 08, 2011 10:31
New York : Peace group protestors and members of Occupy Wall Street stage. (AFP Photo/Emmanuel Dunand )
Download video (4.6 MB)
Embed

The ‘Occupy Wall Street' protests are gaining momentum and have spread to more than a dozen cities across the US. The protesters have come under attack by politicians, with NY mayor Michael Bloomberg claiming they are trying to destroy people’s jobs.

Helicopters and heavy police presence have been brought to keep the turmoil under control in New York. According to NYPD Commissioner Raymond Kelly, the protests have already cost the city $2 million in extra security costs.

Raymond Kelly said that the vast majority of people protesting were peaceful, but there were groups of people who tried to charge police barricades and who “want to have a confrontation with police.”

"They're going to be met with force when they do that," Kelly said, as cited by DNAinfo Manhattan local news. "Physical force is going to be used. This is something this core group obviously wanted to have happen."

Activists say they are fed up with worsening unemployment and the rule of Wall Street bankers and blame them for causing the recession.

This comes as New York mayor Michael Bloomberg severely criticized the activists and claimed that the failure of banks will only lead to more people losing their jobs.

“What they are trying to do is take away the jobs of people working in the city, take away the tax base that we have,” Bloomberg said during his weekly radio show on Friday. “We’re not going to have money to pay our municipal employees or anything else.”

Bloomberg also attacked the labor unions, which joined the protest this week, saying that “their salaries come from the taxes paid by the people they are trying to vilify.”

­ ‘It’s all about corporate greed’

­But “Occupy Wall Street” protests are more than just a citizen standoff against the big banks.

Some of the Wall Street campaigners accuse American news outlets of peddling a view of the US that bears no resemblance to the reality lived by millions of Americans.

“People are standing up against corporations that actually run the media,” says campaigner Travis Pinion, “if there is no freedom of press there is no democracy.”

“Benito Mussolini defined fascism as a collaboration of corporations and government – welcome to America guys,” he says.


Comments (10)

james r. 09.10.2011 12:54

When all those Stocks, as well Financial derivatives were being traded on Wall Street, above 'what?' was there actual value, every 'transaction' came through a device called a " Bloomberg Box ", meaning Mayor Bloomberg got rich on a percentage of the corruption of the Market Place. So! its men such as Bloomberg whom actually did "damage" to america's, and for that matter the global economy.

0

Undo

mgbincn 09.10.2011 07:37

Bloomberg is knee-deep in this Wall Street scam. He's just like the rest of them and, as I recall, owns New York Times. Scoundrel.

0

Undo

Nay Lin Maung 08.10.2011 23:48

Without having Middle Class in the U.S.A., American dream is in the crisis.   Richest people in the U.S.A. have two choices.   Reform or Death  

0

Undo

View all comments (10)
Add comment

By posting your comment, you agree to abide by our Posting rules

Log in to comment in full, or comment anonymously under character-limit restriction.

100 Text

– required fields

Register or

Name

Password

Show password

Register

or Register

Request a new password

Send

or Register

To complete a registration check
your Email:

or Register

A password has been sent to your email address

Edit profile

Name

New password

Retype new password

Current password

Save

Cancel

Follow us