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OCCUPY WALL STREET MOVEMENT Name:mahonglie 2011-11-22 list Basic introduction. Reason and the background. Progress. Purpose. Influence. sit-in 静坐 Demonstration 示威游行 Initiative launch 主动发起,自发组织 Financial institutions 金融机构 Condemn 谴责 Financial bubble 金融泡沫 Power-for-money deal 权钱交易 Protest 抗议 New words Basic introduction The American people launched in 17th Sep 2011 , called “Occupy Wall Street”,which were peaceful protest activities, They called for 20000 people to occupy Wall Street ,through a sit-in to denounce the Wall Street financial companies in September 17. The demonstration was initiative launched by Canada non-profit magazine ??Adbusters?? in July 2011, and was named Occupy Wall Street . They expressed dissatisfaction with financial institutions which is benefited to the rich and powerful people, condemning the social injustices in The United States. Basic introduction PS:the choice of September 17, cause this day is the American constitution day(美国宪法日). Reason and the background high unemployment The corporations own two trillion dollars in profits.Their taxes are at their lowest level in fifty years. Our unemployment rate has been at nine percent. According to the latest employment data shows, the number of jobs in 30 states fell off , New York employment was the biggest decline, this month unemployment reached to 22000 people in New York state. Reason and the background The unemployment rate unemployed population rate(%) JAN 10 9 8 7 6 5 4 3 2 OCT By September, unemployed population reached 14 million, the largest groups of unemployment since the second world war. Business corruption FED(美联储) cut interest rates continuously in five years. In such cases Wall Street was buiding the fina
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