Wall Street movement re-groups

Some believe the Occupy Wall Street movement is winding down in New York and around the world

It all comes down to global democracy.

Some believe the Occupy Wall Street movement is winding down in New York and around the world.

In fact, it appears to be re-grouping.

The movement started out two months ago with a good deal of public support.

Many members of the middle class were and are angry about how the Wall Street bankers drove the global economy into recession and then received bonuses for their efforts.

The occupy tactic, however, while it might have gained sympathy and support for a few days or even weeks, soon began to wear thin.

Saying that you are going to camp out in a city park until the powers-that-be fix everything that is wrong with the world is a little too open-ended.

The camps seem to have attracted more than their fair share of people with unusual political views and, naturally, those are the people that the media focuses on.

People ask: who can afford to spend months camping out downtown except those who not only don’t have a job, but who don’t need or want one?

The authorities sensed the loss of public support and that triggered the crackdowns that are occurring.

They may have been premature in their actions, however.

The gap between the rich and the rest still exists – and is getting wider.

The occupiers are going back to their drawing boards (or more accurately, social media) to develop more realistic and achievable political goals.

Such international reforms as a Tobin tax on financial transactions and a carbon tax on carbon dioxide emissions would bring more equity to the world.

Introducing taxes on a global scale would in turn require political representation on a global scale.

It all comes down to global democracy.