AL JAZEERA: US President Barack Obama has said that the “Occupy Wall Street” protests in New York and other US cities reflect “broad-based frustration” among Americans with how the US financial system works.
Obama spoke on Thursday at the White House, adding that the protests were indicative of public anger that those who helped cause the financial crisis are fighting efforts to curb abuses.
“I think it expresses the frustrations the American people feel, that we had the biggest financial crisis since the Great Depression, huge collateral damage all throughout the country … and yet you’re still seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place,” he said at a news conference… (more)
