Anyone with eyes open knows that the gangsterism of Wall Street — financial institutions generally — has caused severe damage to the people of the United States (and the world). And should also know that it has been doing so increasingly for over 30 years, as their power in the economy has radically increased, and with it their political power. That has set in motion a vicious cycle that has concentrated immense wealth, and with it political power, in a tiny sector of the population, a fraction of 1%, while the rest increasingly become what is sometimes called “a precariat” — seeking to survive in a precarious existence. They also carry out these ugly activities with almost complete impunity — not only too big to fail, but also “too big to jail.”

The courageous and honorable protests underway in Wall Street should serve to bring this calamity to public attention, and to lead to dedicated efforts to overcome it and set the society on a more healthy course.

By Michael Moore, at Liberty Plaza, in New York City:

He talked about how only four hundred people owned the vast majority of the wealth in America and that made them vastly out-numbered by the rest of the population. “What we have to do here is realise how much more power we have than they have. They think power is derived from bank accounts, but our power is derived from the people. All the people, not 400 people.”

Read more at Suite101: Occupy Wall Street: Michael Moore Arrives in Liberty Plaza | Suite101.com http://www.suite101.com/news/occupy-wall-street-michael-moore-arrives-in-liberty-plaza-a390542#ixzz1ZBx6xNG0