“New Money For Old Rope” – Wall Street Protestors Recycling Old Rhetoric

Forbes – The first thing that strikes you when you read the recent Declaration issued by the OccupyWallStreet protestors, who have assembled over the past two weeks in Zuccotti Park in downtown Manhattan, is how little of it actually relates to Wall Street.

The financial markets require regulation and thousands of state and federal employees have as their direct responsibility the policing of banks and stock brokers and hedge fund managers and pension trustees. The adoption of the Dodd-Frank reform bill last year demonstrated that more needed to be done to keep the level regulation up-to-date to a rapidly evolving industry.

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