Wednesday, August 20, 2014

Follow us:
Follow @NY1 on Twitter Subscribe to this news feed 

News

Occupy Wall Street Protesters Mark Two-Year Anniversary

  • Text size: + -
TWC News: Occupy Wall Street Protesters Mark Two-Year Anniversary
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

Police made several arrests as demonstrations hit multiple neighborhoods in Manhattan to mark the second anniversary of Occupy Wall Street. NY1's Michael Herzenberg filed the following report.

Hundreds of people took to the streets Tuesday.

They screamed familiar chants, but the day of action marking the second anniversary of Occupy Wall Street kept hitting on one main demand: the imposition of a so-called "Robin Hood Tax," a tax of less than 1 percent on financial market transactions.

"It will generate so much money that we could use it for all the things that we need it for," said one demonstrator.

Demonstrators, many dressed as Robin Hood or his band of merry men, maintain it will raise hundreds of millions of dollars to pay for everything from expanding health care and HIV treatment to improving education and making housing more affordable.

The largely peaceful protests at several locations, including near the United Nations, did include some civil disobedience, as police arrested people for blocking the streets.

But the interaction paled in comparison to conflict that erupted in November of 2011, as police arrested scores of people, evicting demonstrators from Zuccotti Park just before they had reached two months of camping out and protesting at the privately owned public park.

Marking the movement's birth two years ago, many say it was about reconnecting, but also about reinvigorating a message: the growing disparity of wealth in America.

"We're struggling to get pennies of things," said one demonstrator. "I work very hard. I have two jobs, and it's still very difficult for me to make it, and make ends meet," said one demonstrator.

Demonstrators called this day a move in a positive direction, but critics of the so-called "Robin Hood Tax" don't think it would raise nearly as much money as supporters believe. They also warned that it would negatively impact the economy.

10.11.12.244 ClientIP: 54.211.44.195, 184.51.126.20 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP