Rage Against the Financial Sector Fuels Protests

The Occupy Wall Street campaign is not abating -- for good reason, writes Washington Post columnist Michelle Singletary.

Occupy Wall Street protester (Getty Images)

Michelle Singletary, in her Washington Post/Bloomberg column, says that she was jaded when Occupy Wall Street began because it was so haphazard. But she is no longer jaded. She quotes advocates who say that the protests will likely not abate because they represent people's frustrations in dealing with politicians, government entities and corporations that are not providing jobs. 

Even Federal Reserve Chairman Ben S. Bernanke has expressed sympathy with those on the streets.

"They blame, with some justification, the problems in the financial sector for getting us into this mess, and they're dissatisfied with the policy response here in Washington, and at some level I can’t blame them," Bernanke told Congress's Joint Economic Committee on Tuesday when he was asked what he thought of the movement.

President Obama also weighed in on the protests during his news conference Thursday.

There's been "huge collateral damage all throughout the country, all across Main Street," he said.

Read Michelle Singletary's entire column at the Washington Post/Bloomberg.

Like The Root on Facebook. Follow us on Twitter.   

The Root encourages respectful debate and dialogue in our commenting community. To improve the commenting experience for all our readers we will be experimenting with some new formats over the next few weeks. During this transition period the comments section will be unavailable to users.

We apologize for any inconvenience and appreciate your continued support of The Root.

While we are experimenting, please feel free to leave feedback below about your past experiences commenting at The Root.