From one side of the globe to the other, protesters have taken to the streets. Whether
they are inspired by the Occupy Wall Street movement in New York or by the cries in England and other countries in Europe, they burn with
dissatisfaction about the state of the economy, about the unfair way
that the poor are paying for the sins and wickedness of the rich bankers, and in some cases
about capitalist ideal itself.
Once upon a time it was easy for western politicians and economic liberals to dismiss this as bally who by a misguide fringe group of mindless people. The protester this time have
different aims in different countries. Higher taxes for the rich and a
loathing of financiers is the closest thing to a common denominator,
though in America polls show that popular rage against government overshadow that against Wall Street.
The statistics report, In America 17.1% of those below 25 are out of work. Across the European
Union, youth unemployment averages 20.9%. In Spain it is a staggering
46.2%. Only in Germany, the Netherlands and Austria is the rate in
single digits.
It's no doubt in my mind as I travel around the city and break bread with the protesters down in Wall Street they all have an urgency that something must be done now an it will not go away and be shelved as in the past.
This populist movement can go anywhere in this globalist society that we live as the grievances are broader and wider in scope.
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(CORNER TALK REPORT)
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