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The following Occupy Wall Street definition is licensed under the GNU Free Documentation License The following definition of Occupy Wall Street was retrieved from Wikipedia on October 25, 2011 from the website page of http://en.wikipedia.org/wiki/Occupy_Wall_Street (Occupy Wall Street).

We may update this definition from time to time at our discretion.  Possibly, making text updates and possibly updating links, etc.  We suggest that you utilize the version at Wikipedia if you wish to view a non altered version.  Regarding the references listed (footnotes), they are numbered and are listed at the end of the section (not at the bottom of each page).

Please visit the Occupy Wall Street at Wikipedia for the most complete version including more recent updates.

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Public opinion

An October 13 survey by Time Magazine found that 54 percent of Americans have a favorable impression of the protests, while 23 percent have a negative impression. An NBC/Wall Street Journal survey found that 37 percent of respondents "tend to support" the movement, while 18 percent "tend to oppose" it.

An October United Technologies/National Journal Congressional poll found that 59 percent of Americans agree with the movement while 31 percent disagree.

An October Quinnipiac University poll of New York City voters found that 67 percent of New Yorkers approved of the movement with 23 percent disapproving. The results also found 87 percent of New Yorkers find it OK that they are protesting.

Despite media criticism that the protestors views are incoherent, the poll also found that 72 percent of New York City voters understand their views.

Others have criticized polling methods that come to these conclusions as "bogus", citing the use of push poll-type questions to elicit a more favorable response than is actually there. Senior Editorial Writer Conn Carrol of the Washington Examiner writes: "Why are polling organizations so afraid to just ask Americans what they think about the "Occupy Wall Street" protests? Why do they feel the need to prime respondents with sympathetic descriptors before asking them if the support the movement? Why not just ask, "Do you oppose or support the Occupy Wall Street protesters?"

Reaction

Political reaction

The White House

During an October 6 news conference, President Obama said "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."  When Jake Tapper of ABC News pushed Obama to explain the fact that his administration hasn't prosecuted any Wall Street executives who didn't play by the rules, he replied, "One of the biggest problems about the collapse of Lehman's and the subsequent financial crisis and the whole subprime lending fiasco is that a lot of that stuff wasn't necessarily illegal; it was just immoral or inappropriate or reckless."  On October 18, when interviewed by ABC news, he said "in some ways, they’re not that different from some of the protests that we saw coming from the Tea Party. Both on the left and the right, I think people feel separated from their government. They feel that their institutions aren’t looking out for them."

Vice President Joe Biden likened the protest to the Tea Party, saying, "What are the people up there on the other end of the political spectrum saying? The same thing: 'Look guys, the bargain is not on the level anymore.' In the minds of the vast majority of the American – the middle class is being screwed."

Congress

House Democratic Leader Rep. Nancy Pelosi, said she supports the growing nationwide Occupy Wall Street movement. Pelosi said she includes herself in the group of Americans dissatisfied with Congress and stated, "I support the message to the establishment, whether it's Wall Street or the political establishment and the rest, that change has to happen. We cannot continue in a way (that) is not relevant to their lives."

Independent Senator Bernie Sanders of Vermont, who caucuses with the Democratic Party, appeared on Countdown with Keith Olbermann and supported the protests saying, "We desperately need a coming together of working people to stand up to Wall Street. We need to rebuild the middle-class in this country and you guys can't have it all."

House Majority Leader Eric Cantor (R-Va), in a speech to a Values Voter Summit, characterized the movement as "growing mobs" and said that President Barack Obama's "failed policies" and rhetoric "condon[ing] the pitting of Americans against Americans" were to blame. In response, White House Press Secretary Jay Carney noted Cantor's apparent "hypocrisy unbound", pointing out the Majority Leader's support of the Tea Party Protests and adding, "I can't understand how one man's mob is another man's democracy. I think both are expressions that are totally consistent with the American democratic tradition."

The Democratic co-chairs of the Congressional Progressive Caucus, Representatives Raúl Grijalva and Keith Ellison announced their solidarity with the movement on October 4.  The Democratic Congressional Campaign Committee is asking for 100,000 names on its website which will subsequently be added to 100,000 letters to Speaker of the House John Boehner and House Majority Leader Eric Cantor expressing support for the Occupy Wall Street protesters, the middle class, and condemnation of millionaires, big oil, and big bankers.

When we use the term Wall Street on our website it is not always simply in reference to the street in New York.  It is a more general term to include the entire financial industry.
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