Wednesday, November 2, 2011

The Wrap up on Wall Street..

Buoyed by the longevity of the Occupy Wall Street encampment in Manhattan, a wave of protests swept across Asia, the Americas and Europe over the weekend, with hundreds and in some cases thousands of people expressing discontent with the economic tides in marches, rallies and occasional clashes with the police.

Buoyed by the longevity of the Occupy Wall Street encampment in Manhattan, a wave of protests swept across Asia, the Americas and Europe over the weekend, with hundreds and in some cases thousands of people expressing discontent with the economic tides in marches, rallies and occasional clashes with the police.

In Rome on Saturday, a rally thick with tension spread over several miles. Small groups of restive young people turned a largely peaceful protest into a riot, setting fire to at least one building and a police van and clashing with police officers, who responded with water cannons and tear gas. The police estimated that dozens of protesters had been injured, along with 26 law enforcement officials; 12 people were arrested.
By early Sunday in New York, 92 people had been arrested, including 24 accused of trespassing in a Greenwich Village branch of Citibank and 45 during a raucous rally of thousands of people in and around Times Square. More than 1,000 people filled Washington Square Park on Saturday night, but almost all of them left after dozens of police officers with batons and helmets streamed through the arch and warned that they would be enforcing a midnight curfew. Fourteen were arrested for remaining in the park. Three police officers were injured dealing with a rambunctious crowd at 46th Street and 7th Avenue; they were treated at Bellevue Hospital Center and released.

In Chicago, about 175 people were arrested at about 1 a.m. on Sunday after refusing to leave Grant Park before the 11 p.m. closing time, said Officer Laura Kubiak, a spokeswoman for the Chicago Police Department.Other than in Rome, the demonstrations across Europe were largely peaceful, with thousands of people marching past ancient monuments and gathering in front of capitalist symbols like the European Central Bank in Frankfurt. Similar scenes unfolded across cities on several continents, including in Sydney, Australia; Tokyo; Hong Kong; Toronto; and Los Angeles, where several thousand people marched to City Hall as passing drivers honked their support.

But just as the rallies in New York have represented a variety of messages — signs have been held in opposition to President Obama yards away from signs in support of him — so did Saturday’s protests contain a grab bag of sentiments, opposing nuclear power, political corruption and the privatization of water.
Yet despite the difference in language, landscape and scale, the protests were united in frustration with the widening gap between the rich and the poor.

In New York, where the occupation of Zuccotti Park in Lower Manhattan was moving into its second month, a large crowd marched north early Saturday afternoon to Washington Square Park, where it was joined by several hundred college students who decried, among other things, student debt and unemployment.

In late afternoon, the crowds marched up Avenue of the Americas toward a heavily barricaded Times Square, beseeching onlookers to join in with cries of “You are the 99 percent.”

Saturday’s protests sprang not only from the Occupy Wall Street movement that began last month in New York, but also from demonstrations in Spain in May. This weekend, the global protest effort came as finance ministers and central bankers from the Group of 20 industrialized nations meet in Paris to discuss economic issues, including ways to tackle Europe’s sovereign debt crisis.

Tens of thousands of protesters assembled in Madrid on Saturday evening, when chants mingled with live music, including a rendition of Beethoven’s “Ode to Joy,” lending the downtown area an upbeat feel on an unusually balmy fall afternoon.

Some tourists pumped their fists and whooped from atop double-decker sightseeing buses as the protesters cheered back. To keep 42nd Street clear the police shunted marchers up to 46th Street, where officers and the pressed-in masses had several run-ins. At one point the police pushed the barricades in toward the crowd, and the crowd pushed back. At another point two mounted officers moved their horses briefly into the throng. Three people were arrested trying to take down barricades, the police said. Later, as officers tried to disperse people east on 46th Street, 42 people who the police said defied their orders were taken away, in plastic handcuffs, in three police wagons. One witness, Harry Kaback, a 26-year-old comic selling tickets to the Ha! comedy club, said the protesters were “getting rowdy” with the police and shouting in their faces. For the protesters, marching on Times Square held almost as much significance as did protesting against Wall Street.

The protest moved back to Washington Square Park, where people listened to speeches and debated whether to stay while police officers marched down Fifth Avenue and into the square. One officer gave a warning as midnight approached: “The park closes at 24:00 hours. You can exit to the east, west or south. You have 10 minutes.”

Virtually everyone chose to leave, save 14 protesters who remained sitting in the dry bed of the park’s fountain and were arrested, the police said. Many headed back to Zuccotti Park, where there is no curfew.
Earlier, about a dozen protesters entered a Chase branch in Lower Manhattan and withdrew their money from the bank while 300 other people circled the block, some shouting chants and beating on drums. The former Chase customers, who declined to reveal how much they had in their accounts — though a few acknowledged it was not much — said they planned to put their money into smaller banks or credit unions.

Citibank, in a statement, said the protesters “were very disruptive and refused to leave after being repeatedly asked, causing our staff to call 911.” The statement continued, “The police asked the branch staff to close the branch until the protesters could be removed.”

In Washington, several hundred people marched through downtown, beginning in the early morning, passing by several banks. Escorted by the police, the marchers also demonstrated in front of the White House and the Treasury Department before moving on to a rally on the National Mall, where they were joined by representatives of unions and other supporters.

Brief clashes were reported in London, where the police were out in force with dozens of riot vans, canine units and hundreds of officers. But the gathering, attended by people of all ages, was largely peaceful, with a picnic atmosphere and people streaming in and out of a nearby Starbucks.

The WikiLeaks founder, Julian Assange, made an appearance when a crowd assembled in front of St. Paul’s Cathedral. To loud cheers, Mr. Assange called the protest movement “the culmination of a dream.”

In Rome, the protests Saturday were as much about the growing dissatisfaction with the government of Prime Minister Silvio Berlusconi, who narrowly survived a vote of confidence on Friday, as they were about global financial inequities. Tens of thousands of people turned out for what started as peaceful protests and then devolved into ugly violence. The windows of shops and banks were smashed, a police van was destroyed, and some Defense Ministry offices were set alight.

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