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US debt deal provokes protests

08-03-2011 13:03 BJT

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The debt deal has triggered massive protests among students and union activists in Wall Street on Tuesday.Demonstrators are blaming big banks and institutions for contributing to the nation's trillion-dollar deficit.

The ongoing economic and political uncertainty within the country has led to a sharp decline in the US stock market. New Yorkers who rely on government programs feared the budget cuts that come with the deal will affect their well-being.

Larry Hales, one protestor, said, "The general sentiment here is that we think a people's movement is needed to fight back, so we can take control of the things that effect our lives, every level of government. I think that a lot of people can agree that that's the type of movement that you need in this country because obviously they aren't listening. They're listening more to Wall Street than they are the people. They know people are suffering. They know there's massive unemployment, but they don't care."

Heather Cottin, another protestor, said, "Okay, first of all because I'm on social security, I am on a limited income and I'm literally afraid that they're going to attack social security for the elderly and in fact they are. The banks are after them. And my daughter who works for this place on Long Island that takes care of children with cerebral palsy, they've cut the programs for cerebral palsy children on Long Island. And so the fact is that, you know, it's really hurting old people, sick people, children, people who have needs. The only people whose needs are being responded to are the bankers and the munitions bankers."

The debt deal has triggered massive protests among students and union activists in Wall Street on Tuesday.Demonstrators are blaming big banks and institutions for contributing to the nation's trillion-dollar deficit.

The debt deal has triggered massive protests among students and union activists in Wall Street on Tuesday.Demonstrators are blaming big banks and institutions for contributing to the nation's trillion-dollar deficit.

The debt deal has triggered massive protests among students and union activists in Wall Street on Tuesday.Demonstrators are blaming big banks and institutions for contributing to the nation's trillion-dollar deficit.

The debt deal has triggered massive protests among students and union activists in Wall Street on Tuesday.Demonstrators are blaming big banks and institutions for contributing to the nation's trillion-dollar deficit.

The debt deal has triggered massive protests among students and union activists in Wall Street on Tuesday.Demonstrators are blaming big banks and institutions for contributing to the nation's trillion-dollar deficit.

 

 

Editor:Zhang Dan |Source: CNTV.CN

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