Anti-greed protestors to occupy Sydney
On Friday 14 October 2011, 14:54 EST
Demonstrators inspired by the Occupy Wall Street movement in the US will set up a permanent campsite outside the Reserve Bank in Sydney in an effort to spread their anti-corporate greed message.
The protest, listed as a public event on Facebook will run from 2:30pm Saturday the 15th of October until 6pm New Years Eve 2011. Similar protests are already running in 190 cities in America, Canada, Britain and now Australia with further protests planned for other Australian cities.
One of several facebook pages dedicated to the Occupy Sydney demonstration lists the group's mission statement as follows: (More From Yahoo!7 Finance: The Faces of Occupy Wall Street)
"To follow in the footsteps of the revolutionary people in New York City and establish a permanent and peaceful occupation of Martin Place in line with global occupations. To put an end to the destruction of our land and the poisoning of our ground and drinking water for the good of foreign economies. To put the lower, middle and working classes on the same equal footing as the mega wealthy."
The Occupy Sydney protest comes as police in New York City prepare to clean out protestors from lower Manhattan following weeks of protesting. During this time, police have arrested more than a thousand people as the movement looks to be gaining traction amongst the general American population.
Meanwhile, American investor Warren Buffet has continued to defend his proposal to increase taxes on the super rich. (More From Yahoo!7 Finance: The Richest People In America)
Buffett reportedly sent a letter to a Republican congressman disclosing that he earned almost $63 million last year, yet paid less than $7 million in federal income tax.
"To exclude a few of the super-rich who can contribute US$20 billion extra is a terrible, terrible mistake," Buffet said.
The Berkshire Hathaway Chairman has continued to defend his proposal to increase taxes on the super-rich - the so-called "Buffett Rule" - joking that he always "dreamed of having a tax named after me." (More From Yahoo!7 Finance: Outrageous CEO Apending Abuses And Perks)
More From Yahoo!7 Finance:
The Faces of Occupy Wall Street
The World's Most Powerful People
Countries With The Highest Taxes
Six Investing Rules From The World's Top Investors
CEOs Who Went from Rags to Riches
Five Countries With Low Taxes
Top Celebrity Investors And What They're Invested In
177 comments
- 0 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentJohn Smith Report Abuse
Conscription is sadly what the youth of today need to install discipline, respect and hard work ethic into the lazy youth. Too many barriers are now in the way of stopping a lot of youth from entering the military. A strong nation has a strong military.
Reply - 1 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentJohn Smith Report Abuse
Art school college students and other unemployable drop kicks high on weed and grog. Carrying smart phones and touch pads as their gadgets. Eating Maccas and drinking Coke. All created by the evil capitalist system they hate.
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Give them all a one way plane ticket to Africa, South America of Asia and see how they handle a militaristic regime. - 1 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentDJ Jones Report Abuse
Why are Protesters always Dole Bludging Feral Parasites who really dont have a right to protest at all ? ? ?
Reply - 1 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentJRB Report Abuse
Lock up the fruit loops and throw away the keys
Reply - 1 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentJohn Smith Report Abuse
The Chinese would deploy their troops and fire into the crowds to disperse the crowds. The police and military effectively use those tactics to get protesters to flee. Protesters are potential terrorist and enemies of the state that need to be dealt with quickly and efficiently by the military and police.
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Some dead or wounded is mere collateral damage. - 0 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentBrandy Clark Report Abuse
I heard all the protesters are going to move to communist North Korea when the protest is ended. That way they can escape from the evil capitalists supplying them with phones and hamburgers.
Reply - 0 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentBrandy Clark Report Abuse
The greatest inventions of government are welfare and warfare. We need bigger government to steal our money to give to these protesters. Lets go back to the pre industrial age so we can all frolick in the garden of eden.
Reply - 1 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentJohn Smith Report Abuse
Companies, government, banks and the media are all doing a good job.
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Time to arrest these protesters and throw them in jail or simply move them on and lock down the city and enforce emergency act.
Protesters are disrupting businesses, obstructing police and interfering with the daily lives of law abiding citizens. All that time protesting and not working. They should get a job and get a life! - 0 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 0 users disliked this commentBrandy Clark Report Abuse
Yeah lets get rid of all the companies supplying the masses with products they want. Then we can become like cuba. I think we need bigger government after all they produce nothing and steal our money and go to war. I cant wait.
Reply - 0 users liked this comment Please sign in to rate this comment up. Please sign in to rate this comment down. 2 users disliked this commentA Yahoo!7 User Report Abuse
The carbon tax is a tax on mining profits, the rich will help support big government infrastructure projects like NBN. I do not see how the tax will affect Australian's who do not own shares in big mining companies. Only the rich are complaining. Australia is a socialist democracy so I think the carbon tax is a good idea.
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If mining companies are not making any profits then i am sure they dont have to pay any tax at all.
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