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The following Occupy Wall Street definition is licensed under the GNU Free Documentation License The following definition of Occupy Wall Street was retrieved from Wikipedia on October 25, 2011 from the website page of http://en.wikipedia.org/wiki/Occupy_Wall_Street (Occupy Wall Street).

We may update this definition from time to time at our discretion.  Possibly, making text updates and possibly updating links, etc.  We suggest that you utilize the version at Wikipedia if you wish to view a non altered version.  Regarding the references listed (footnotes), they are numbered and are listed at the end of the section (not at the bottom of each page).

Please visit the Occupy Wall Street at Wikipedia for the most complete version including more recent updates.

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2012 Presidential candidates

2012 Republican presidential candidate Herman Cain accused the movement of being "anti-capitalist" and argued "Don't blame Wall Street, don't blame the big banks, if you don't have a job and you're not rich, blame yourself!" Republican Ron Paul came out to refute Cain by saying, "the system has been biased against the middle class and the poor...the people losing jobs, it wasn't their fault that we've followed a deeply flawed economic system." In an interview with the Wall Street Journal, Cain also expressed his belief that Occupy Wall Street was "planned and orchestrated to distract from the failed policies of the Obama administration", but admitted that he "[didn't] have facts" to back up his accusation.

Former Speaker Newt Gingrich was quoted as saying at the 2012 Bloomberg Washington Post Debate, "Let me draw a distinction. Virtually every American has a reason to be angry. I think virtually very American has a reason to be worried. I think the people who are protesting in Wall Street break into two groups: one is left-wing agitators who would be happy to show up next week on any other topic, and the other is sincere middle-class people who frankly are very close to the Tea Party people who care. And actually...you can tell which are which. The people who are decent, responsible citizens pick up after themselves. The people who are just out there as activists trash the place and walk off and are proud of having trashed it, so let’s draw that distinction."

U.S. Congressman and 2012 Republican presidential candidate Ron Paul (R-TX) stated, "If they were demonstrating peacefully, and making a point, and arguing our case, and drawing attention to the Fed – I would say, 'good!'"

2012 Republican presidential candidate Mitt Romney did admit that there were 'bad actors,' and the need for them to be 'found and plucked out.' Yet, he believes to aim at one industry or region of America is a mistake and views encouraging the Occupy Wall Street protests as "dangerous" and inciting "class warfare". He has since softened his initial statement and said, "I look at what's happening on Wall Street and my view is, boy, I understand how those people feel."

2012 Republican presidential candidate Buddy Roemer expressed support for the movement, saying, "We have almost permanent unemployment. They say it’s nine percent, but the real unemployment rate is more like 16 percent. These are people there are no jobs for, or they have to work part time to try to make ends meet. It’s disturbing. The Wall Street protest is unshaped, unfocused, but there’s a lot of power in it."

On October 18, 2012 Republican presidential candidate Gary Johnson visited with the protesters in New York, expressing his support for the movement, stating, "I just have to express my solidarity with everyone there that expresses the notion that we have a country that doles it out unfairly, and I believe that... We do dole it out unfairly... corporatism is alive and well in this country."

Other politicians

New York City Mayor Michael Bloomberg said that the protests "aren't productive", although he also expressed sympathy for some of their complaints.  On October 8, during his weekly radio show, Bloomberg complained that the protestors are trying to "take the jobs from the people working in the city", and said that although "[t]here are some people with legitimate complaints, there are some people who just like to protest".

In an interview with The Washington Post, Former Democratic U.S. Senator Russ Feingold endorsed the movement on October 5 stating, "This is like the Tea Party – only it's real... By the time this is over, it will make the Tea Party look like ... a tea party."

Federal Reserve and Bank of Canada

During a hearing before the Joint Economic Committee October 4, 2011, Federal Reserve Chairman Ben Bernanke said, "[P]eople are quite unhappy with the state of the economy and what’s happening. They blame, with some justification, the problems in the financial sector for getting us into this mess, and they’re dissatisfied with the policy response here in Washington. And at some level, I can’t blame them. Certainly, 9 percent unemployment and very slow growth is not a good situation."  Dallas Federal Reserve President Richard W. Fisher said that he was "somewhat sympathetic" to the views of the protestors, and added, "We have too many people out of work. We have a very uneven distribution of income. We have a very frustrated people, and I can understand their frustration."

Bank of Canada governor Mark Carney cited income inequality and economic performance as the main motivators, calling the protests "entirely constructive".

 

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