Archive for October, 2011

Occupy Wall Street: “Brother, Can You Spare a Dime?”

October 29, 2011
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When MSNBC’s Rachel Maddow recently asked the journalist and commentator Frank Rich on her show if he believed the “physical manifestation of discontent” was imperative to the Occupy Wall Street movement’s cause, Rich replied that it was “not always that important” since the movement was polling well among Americans. I disagree. The ideas that...

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Occupy Wall Street’s “Gullible” and “Unsophisticated” Protesters

October 18, 2011
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In an admirable bit of reporting, Nelson Schwartz and Eric Dash of the New York Times did us all a favor by asking bankers, hedge fund and money managers what they think about the Occupy Wall Street protesters. Said one top hedge fund director who wished to remain anonymous: “Most people view it as...

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The Banks Lose Control of the Optics

October 6, 2011
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The mainstream press has been predictably abysmal in its coverage of the Occupy Wall Street protests. Andrew Ross Sorkin, one of the “money honeys” over at the New York Times, looks at the demonstrators as anthropological curiosities, as if they’re from a remote tribe in Papua New Guinea. The Times’ Ginia Bellafante calls the...

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