Daily Archives: September 28, 2011

Quote of the Day: “A good first step is making people aware of the battle lines”

Matt Taibbi notes the almost complete lack of media coverage of the Occupy Wall Street protest:

There is a huge number of Americans who simply don’t realize that they’ve been victimized by Wall Street –  that they’ve paid inflated commodity prices due to irresponsible speculation and manipulation, seen their home values depressed thanks to corruption in the mortgage markets, subsidized banker bonuses with their tax dollars and/or been forced to pay usurious interest rates for consumer credit, among other things.

I would imagine the end game of any movement against Wall Street corruption is going to involve some very elaborate organization. There are going to have to be consumer and investor boycotts, shareholder revolts, criminal prosecutions, new laws passed, and other moves. But a good first step is making people aware of the battle lines.