Matt Taibbi Joins Occupy Wall Street for Anti-Corporate Protest

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http://blogs.villagevoice.com/runninscared/2012/02/matt_taibbi_joi.php


Matt Taibbi speaking to Occupy Wall Street protesters today.{2/29}

Occupy Wall Street protesters held their biggest march so far this year today as part of a nationwide "Shut Down the Corporations" day of action.

Several hundred occupiers gathered in Bryant Park this morning before marching east on 42nd Street to the global headquarters of Pfizer Pharmaceuticals, targeted because the company is a member of the American Legislative Exchange Council.

When the marchers returned to Bryant Park, Rolling Stone writer Matt Taibbi delivered a lecture explaining the origins of the mortgage crisis and the role played by Bank of America.

Taibbi said the financial industry sowed the seeds for the economic crisis when it began repackaging high-risk mortgages into triple-A-rated mortgage-backed securities.

[midnight]

1. Good for him...

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2. indeed. nt

[Liberal_Dog]

3. K & R

[txlibdem]

4. And none of this fraud has caused any arrests or trials

Funny how banksters can get away with anything.

We gave the banks a reported $700 Billion bailout... but what was NOT reported was the $16 Trillion open line of credit that the Fed gave to the big players: banks, investment houses and some wealthy individuals. This open credit line is at near zero interest and the banks are using it to buy treasury bonds which return one or two percent more than they're charged for interest.

They're just making money out of thin air, claiming it as theirs, then making a huge profit off of it.

I wonder why I can't get a piece of that pretty little pie?

[starroute]

5. On Olbermann last night, Taibbi was referring to Occupy as "we"

It's interesting to see how he's gone from outside observer, to complaining that nobody had invited him along for the march with the giant vampire squid, to apparently being a full-fledged participant.

I wonder how many other journalists and commentators will make the leap?