Wall Street Protests Continue: Social Media Plays Key Role

Could the American Fall (no pun intended) be near? In a social media move inspired by the original Egyptian Revolt, a growing group of protesters are starting to cause a stir on Wall Street, as they enter their third day of protests against corporate policies.

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The website, OccupyWallStreet.org, has shot up the Alexa Web Trafic rankings. The organizers have also seen a quick spike on Twitter and Facebook, while over 9,000 people had replied to a Facebook event that they would ve attending.

The hashtag #OccupyWallStreet is being used as the most reliable hashtag on Twitter.

A livestream can be seen here: http://www.livestream.com/globalrevolution. (Ironic that a Jack Daniels ad shows up before the streaming begins).

Watch live streaming video from globalrevolution at livestream.com

CBS News reported the following this afternoon

 

At least five people were arrested on the third day of protests in New York's Financial District, spearheaded by a coalition of groups rallying against the influence of corporate money in politics.

 

 

Beginning on Saturday – on what was called a U.S. Day of Rage – several groups of activists vowed to occupy Wall Street, to express their anger over a financial system they say favors the rich and powerful, and about a democratic process they deem to be corrupt.

Organizers of the "Occupy Wall Street" demonstration have called for 20,000 people to "flood into lower Manhattan, set up tents, kitchens, peaceful barricades and occupy Wall Street for a few months."

Channeling the occupation of Cairo's Tahrir Square by Egyptians protesting the rule of Hosni Mubarak, protesters have camped out in lower Manhattan over the weekend, seeking to occupy the center of the financial world. They hope to attract many more.

Protest organizers seek to persuade President Barack Obama to establish a commission that would end "the influence money has over representatives in Washington."

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