The Wall Street Protests Are Justified

"Wall Street Protests are protesting the very concept that has given them their fortune today: Capitalism." A statement written on the Occupy Wall Street Website reads, "Occupy Wall Street is leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%."[1] Their statement and Cons statement seem to contradict given that con claims Occupy Wall Street is protesting capitalism and Occupy Wall Street claims that the one thing everyone in the movement agrees on is ending the corruption of the 1%. I think it is highly irrational to believe that a group protesting would lie about what they are protesting because it would defeat the purpose of protesting in the first place. "Secondly, the goals of the Wall Street Protests are not economically sound.According to Citizen.org, a rallying point for the protest, these are the goals of the movement in the United States:-Immediate Withdraw from Iraq/Afghanistan-Fix Chinese Currency Manipulation-Immigration Policy Reform, including Amnesty"Citizen.org, as con points out, is a rallying point, not Occupy Wall Street. If you visit occupywallst.org you will not find any of these goals. Some Wall Street protesters my have these goals but they are not the official goals of the movement. Once again you are either very misinformed or are flat out lying about the Occupy Wall Street movement.There is no doubt that the Wall Street Protests are justified in protesting the corruption of the 1%. The Federal Reserve is a private institution and is the worst of the 1% because the Federal Reserve is the enabler of the rest of the 1%. The Federal Reserve has the ability to create money out of nowhere and loan it out. This manipulation of money is pure fraud. Every new dollar created out of thin air devalues the overall worth of our money. This is, in essence, stealing from every person using the dollar as currency. [2] If this is not corruption I don't know what is. Another side effect of the Federal Reserve printing money is, it artificially lowers interest rates. Ron Paul explained the effects of artificially low interest rates best when he wrote, "Lower interest rates affect the allocation of resources, causing capital to be malinvested throughout the economy. So certain projects and ventures that appear profitable when funded at artificially low interest rates are not in fact the best use of those resources. Eventually, the economic boom created by the Fed's actions is found to be unsustainable, and the bust ensues as this malinvested capital manifests itself in a surplus of capital goods, inventory overhangs, etc. Until these misdirected resources are put to a more productive use—the uses the free market actually desires—the economy stagnates."[3] Not only is the Federal Reserve (part of the 1% being protested by OWS) stealing from every person who uses the dollar but it is also the root of our economic problems. Occupy Wall Street couldn’t be more justified. 1]http://occupywallst.org...[2]http://mises.org...[3]://online.wsj.com/article/SB10001424052970204346104576637290931614006.html?KEYWORDS=Blame+the+Fed+for+the+Financial+Crisis