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On May 12, Wall Street was the People’s Territory
By Austin Guest, on May 16th, 2011
For years, American working families have shouldered the burden of an economic crisis they didn’t create, while those who caused it now reap record-high profits. Last Thursday, tens of thousands of us stormed the belly of the beast, Wall Street, to demonstrate that we are no longer willing to tolerate a status quo of tax giveaways for the rich and sacrifice for the rest of us. For a few shining hours, Wall Street wasn’t the territory of the bankers who drove this country to near collapse. It was, undeniably, the people’s territory.
On May 12, twenty thousand New Yorkers of all ages and from all walks of life flooded Wall Street from end to end for three hours. We marched, sang, chanted jubilantly, and led over 100 teach-ins in the middle of the street to protest Mayor Bloomberg’s recently-announced New York City budget, which would eliminate over 6,000 teachers and cut $400 million in funding to vital services to low-income communities, while leaving $1.5 billion in tax breaks to the city’s wealthiest untouched.
The sea of people was quite a site to behold:
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