Paul Krugman writes: It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent.

And this reaction tells you something important — namely, that the extremists threatening American values are what F.D.R. called “economic royalists,” not the people camping in Zuccotti Park.

Consider first how Republican politicians have portrayed the modest-sized if growing demonstrations, which have involved some confrontations with the police — confrontations that seem to have involved a lot of police overreaction — but nothing one could call a riot. And there has in fact been nothing so far to match the behavior of Tea Party crowds in the summer of 2009.

Nonetheless, Eric Cantor, the House majority leader, has denounced “mobs” and “the pitting of Americans against Americans.” The G.O.P. presidential candidates have weighed in, with Mitt Romney accusing the protesters of waging “class warfare,” while Herman Cain calls them “anti-American.” My favorite, however, is Senator Rand Paul, who for some reason worries that the protesters will start seizing iPads, because they believe rich people don’t deserve to have them.

Michael Bloomberg, New York’s mayor and a financial-industry titan in his own right, was a bit more moderate, but still accused the protesters of trying to “take the jobs away from people working in this city,” a statement that bears no resemblance to the movement’s actual goals.

And if you were listening to talking heads on CNBC, you learned that the protesters “let their freak flags fly,” and are “aligned with Lenin.”

The way to understand all of this is to realize that it’s part of a broader syndrome, in which wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

The New York Daily News reports: Occupy Wall Street protesters are heading uptown Tuesday to get in the face of some of New York’s richest tycoons.

A “Millionaires March” will visit the homes – or, more realistically, the gleaming marble lobbies – of five of the city’s wealthiest residents, including News Corp. CEO Rupert Murdoch, JPMorgan Chase CEO Jamie Dimon and conservative billionaire David Koch.

Marchers want to present the moguls with oversize checks to dramatize how much less they will pay when New York State’s 2% tax on millionaires expires in December.

“Ninety-nine percent of the residents of New York are going to suffer from this tax giveaway so the 1% who already live in absolute luxury can put more money in their pockets,” said Doug Forand, one of the march organizers.

“This is fiscally, economically and morally wrong.”

Gov. Cuomo staunchly opposes calls from his fellow Democrats to renew the tax, which generates up to $5 billion per year in much-needed revenue. He says he fears the rich will move away.

Day 24 of the chaotic, festive protest in Zuccotti Park saw a demonstration by schoolchildren who sang songs and waved signs saying “Money for Schools Not War,” a Native American protest against Columbus Day and a brief frenzy over the arrival of hip-hop icons Kanye West and Russell Simmons.

Heather Digby Parton writes: There have been rumblings in the corners of the Tea party movement for some time, but the minute president Obama announced that he was going to ask wealthy Americans to kick in a small bit more in taxes to help pay for some infrastructure improvements in his jobs proposal, the Republicans have been clutching their pearls and gasping for breath like Aunt Pittypat awaiting the arrival of the marauding Yankees.

GOP leader Rush Limbaugh called for the smelling salts, saying “If [Obama] would get all of this actually passed, it would represent perhaps a fatal blow to the US private sector … I don’t know how anyone could even argue about the fact that this is on purpose anymore. To boldly lie that it’s not class warfare? It is class warfare. Specifically and purposefully class warfare.”

Republican economic guru Paul Ryan dolefully declared, “Class warfare may make for good politics, but it makes for rotten economics. We don’t need a system that seeks to divide people. We don’t need a system that seeks to prey on people’s fear, envy, and anxiety.” Indeed. What could be more destructive to the average American than to ask the upper one per cent to kick in what amounts to tip money? The guilt they will feel at such unfairness is bound to create a profound spiritual crisis throughout the land.

One would have thought that in 2011, the term “class warfare” would be as out of fashion as Nehru jackets, but after watching the Republicans spend the first two years of Obama’s presidency apoplectic over what they defined as hard core socialism put in practice, it stands to reason the old standard would make a comeback. No matter what you call it, rich people complaining about taxes is evergreen. It is also completely ridiculous.

The fact is that the mega-rich have been gobbling up a greater and greater share of the national wealth for several decades now: in 1976 the top 1 per cent of households received 8.9 per cent of all pre-tax income – by 2008, its share had more than doubled to 21.0 per cent. Between 1979 and 2009, the top 5 per cent of American families saw their real incomes increase 72.7 per cent, according to Census data. Over the same period, the lowest-income fifth saw a decrease in real income of 7.4 per cent (by contrast, the 1947-79 period all income groups saw similar income gains, with the lowest income group actually seeing the largest gains). And perhaps most astonishingly, the tax rate for the highest earners was 91 per cent in 1960, 70 per cent in 1980 and only 35 per cent today, the lowest ever with the exception of a couple of years in the late 80s and early 90s.

And it’s not as if these people have been suffering during this recession. Unlike the bottom 99 per cent, they’ve quite smartly recovered from the 2008 unpleasantness. For instance, according to a recent New York Times report, executive pay at 200 big US companies last year went up by an average 23 per cent over 2009 – the median executive salary was 10.8m USD. Meanwhile, the average American family’s household net worth declined 23 per cent between 2007 and 2009.

The New York Times reports: What began as a small group of protesters expressing their grievances about economic inequities last month from a park in New York City has evolved into an online conversation that is spreading across the country on social media platforms.

Inspired by the populist message of the group known as Occupy Wall Street, more than 200 Facebook pages and Twitter accounts have sprung up in dozens of cities during the past week, seeking volunteers for local protests and fostering discussion about the group’s concerns.

Some 900 events have been set up on Meetup.com, and blog posts and photographs from all over the country are popping up on the WeArethe99Percent blog on Tumblr from people who see themselves as victims of not just a sagging economy but also economic injustice.

I don’t want to be rich. I don’t want to live a lavish lifestyle,” wrote a woman on Tumblr, describing herself as a college student worried about the burden of student debt. “I’m worried. I’m scared, thinking about the future shakes me. I hope this works. I really hope this works.

The online conversation has grown at the same time that street protests have taken place in several other cities last week, including Boston, Los Angeles, Chicago and Washington. A Web site, Occupy Together, is trying to aggregate the online conversations and the off-line activities.

We are not coordinating anything,” said Justin Wedes, 26, a former high school science teacher from Brooklyn who helps manage one of the movement’s main Twitter accounts, @OccupyWallStNYC. “It is all grass roots. We are just trying to use it to disseminate information, tell stories, ask for donations and to give people a voice.

Guy Kawasaki was an early employee at Apple and is perhaps best known as their chief evangelist responsible for marketing the Macintosh. In the CNET interview below, Kawasaki is asked what the most important lesson he learned from Steve Jobs. His answer: that some things need to be believed to be seen.

If that applies to Occupy Wall Street, then it means that we can’t find out what this might grow into if we focus too acutely on how it began or what it already is.

Paul Krugman writes: There’s something happening here. What it is ain’t exactly clear, but we may, at long last, be seeing the rise of a popular movement that, unlike the Tea Party, is angry at the right people.

When the Occupy Wall Street protests began three weeks ago, most news organizations were derisive if they deigned to mention the events at all. For example, nine days into the protests, National Public Radio had provided no coverage whatsoever.

It is, therefore, a testament to the passion of those involved that the protests not only continued but grew, eventually becoming too big to ignore. With unions and a growing number of Democrats now expressing at least qualified support for the protesters, Occupy Wall Street is starting to look like an important event that might even eventually be seen as a turning point.

What can we say about the protests? First things first: The protesters’ indictment of Wall Street as a destructive force, economically and politically, is completely right.

A weary cynicism, a belief that justice will never get served, has taken over much of our political debate — and, yes, I myself have sometimes succumbed. In the process, it has been easy to forget just how outrageous the story of our economic woes really is. So, in case you’ve forgotten, it was a play in three acts.

Douglas Rushkoff writes: Like the spokesmen for Arab dictators feigning bewilderment over protesters’ demands, mainstream television news reporters finally training their attention on the growing Occupy Wall Street protest movement seem determined to cast it as the random, silly blather of an ungrateful and lazy generation of weirdos. They couldn’t be more wrong and, as time will tell, may eventually be forced to accept the inevitability of their own obsolescence.

Consider how CNN anchor Erin Burnett, covered the goings on at Zuccotti Park downtown, where the protesters are encamped, in a segment called “Seriously?!” “What are they protesting?” she asked, “nobody seems to know.” Like Jay Leno testing random mall patrons on American History, the main objective seemed to be to prove that the protesters didn’t, for example, know that the U.S. government has been reimbursed for the bank bailouts. It was condescending and reductionist.

More predictably perhaps, a Fox News reporter appears flummoxed in this outtake from “On the Record,” in which the respondent refuses to explain how he wants the protests to “end.” Transcending the shallow partisan politics of the moment, the protester explains “As far as seeing it end, I wouldn’t like to see it end. I would like to see the conversation continue.”

To be fair, the reason why some mainstream news journalists and many of the audiences they serve see the Occupy Wall Street protests as incoherent is because the press and the public are themselves. It is difficult to comprehend a 21st century movement from the perspective of the 20th century politics, media, and economics in which we are still steeped.

In fact, we are witnessing America’s first true Internet-era movement, which — unlike civil rights protests, labor marches, or even the Obama campaign — does not take its cue from a charismatic leader, express itself in bumper-sticker-length goals and understand itself as having a particular endpoint.

Naomi Klein: I was honored to be invited to speak at Occupy Wall Street on Thursday night. Since amplification is (disgracefully) banned, and everything I say will have to be repeated by hundreds of people so others can hear (a k a “the human microphone”), what I actually say at Liberty Plaza will have to be very short. With that in mind, here is the longer, uncut version of the speech.

I love you.

And I didn’t just say that so that hundreds of you would shout “I love you” back, though that is obviously a bonus feature of the human microphone. Say unto others what you would have them say unto you, only way louder.

Yesterday, one of the speakers at the labor rally said: “We found each other.” That sentiment captures the beauty of what is being created here. A wide-open space (as well as an idea so big it can’t be contained by any space) for all the people who want a better world to find each other. We are so grateful.

If there is one thing I know, it is that the 1 percent loves a crisis. When people are panicked and desperate and no one seems to know what to do, that is the ideal time to push through their wish list of pro-corporate policies: privatizing education and social security, slashing public services, getting rid of the last constraints on corporate power. Amidst the economic crisis, this is happening the world over.

And there is only one thing that can block this tactic, and fortunately, it’s a very big thing: the 99 percent. And that 99 percent is taking to the streets from Madison to Madrid to say “No. We will not pay for your crisis.”

That slogan began in Italy in 2008. It ricocheted to Greece and France and Ireland and finally it has made its way to the square mile where the crisis began.

“Why are they protesting?” ask the baffled pundits on TV. Meanwhile, the rest of the world asks: “What took you so long?” “We’ve been wondering when you were going to show up.” And most of all: “Welcome.”

Many people have drawn parallels between Occupy Wall Street and the so-called anti-globalization protests that came to world attention in Seattle in 1999. That was the last time a global, youth-led, decentralized movement took direct aim at corporate power. And I am proud to have been part of what we called “the movement of movements.”

But there are important differences too. For instance, we chose summits as our targets: the World Trade Organization, the International Monetary Fund, the G8. Summits are transient by their nature, they only last a week. That made us transient too. We’d appear, grab world headlines, then disappear. And in the frenzy of hyper patriotism and militarism that followed the 9/11 attacks, it was easy to sweep us away completely, at least in North America.

Occupy Wall Street, on the other hand, has chosen a fixed target. And you have put no end date on your presence here. This is wise. Only when you stay put can you grow roots. This is crucial. It is a fact of the information age that too many movements spring up like beautiful flowers but quickly die off. It’s because they don’t have roots. And they don’t have long term plans for how they are going to sustain themselves. So when storms come, they get washed away.

Being horizontal and deeply democratic is wonderful. But these principles are compatible with the hard work of building structures and institutions that are sturdy enough to weather the storms ahead. I have great faith that this will happen.

Something else this movement is doing right: You have committed yourselves to non-violence. You have refused to give the media the images of broken windows and street fights it craves so desperately. And that tremendous discipline has meant that, again and again, the story has been the disgraceful and unprovoked police brutality. Which we saw more of just last night. Meanwhile, support for this movement grows and grows. More wisdom.

But the biggest difference a decade makes is that in 1999, we were taking on capitalism at the peak of a frenzied economic boom. Unemployment was low, stock portfolios were bulging. The media was drunk on easy money. Back then it was all about start-ups, not shutdowns.

We pointed out that the deregulation behind the frenzy came at a price. It was damaging to labor standards. It was damaging to environmental standards. Corporations were becoming more powerful than governments and that was damaging to our democracies. But to be honest with you, while the good times rolled, taking on an economic system based on greed was a tough sell, at least in rich countries.

Ten years later, it seems as if there aren’t any more rich countries. Just a whole lot of rich people. People who got rich looting the public wealth and exhausting natural resources around the world.

The point is, today everyone can see that the system is deeply unjust and careening out of control. Unfettered greed has trashed the global economy. And it is trashing the natural world as well. We are overfishing our oceans, polluting our water with fracking and deepwater drilling, turning to the dirtiest forms of energy on the planet, like the Alberta tar sands. And the atmosphere cannot absorb the amount of carbon we are putting into it, creating dangerous warming. The new normal is serial disasters: economic and ecological.

These are the facts on the ground. They are so blatant, so obvious, that it is a lot easier to connect with the public than it was in 1999, and to build the movement quickly.

We all know, or at least sense, that the world is upside down: we act as if there is no end to what is actually finite—fossil fuels and the atmospheric space to absorb their emissions. And we act as if there are strict and immovable limits to what is actually bountiful—the financial resources to build the kind of society we need.

The task of our time is to turn this around: to challenge this false scarcity. To insist that we can afford to build a decent, inclusive society—while at the same time, respect the real limits to what the earth can take.

What climate change means is that we have to do this on a deadline. This time our movement cannot get distracted, divided, burned out or swept away by events. This time we have to succeed. And I’m not talking about regulating the banks and increasing taxes on the rich, though that’s important.

I am talking about changing the underlying values that govern our society. That is hard to fit into a single media-friendly demand, and it’s also hard to figure out how to do it. But it is no less urgent for being difficult.

That is what I see happening in this square. In the way you are feeding each other, keeping each other warm, sharing information freely and proving health care, meditation classes and empowerment training. My favorite sign here says, “I care about you.” In a culture that trains people to avoid each other’s gaze, to say, “Let them die,” that is a deeply radical statement.

A few final thoughts. In this great struggle, here are some things that don’t matter.

§ What we wear.

§ Whether we shake our fists or make peace signs.

§ Whether we can fit our dreams for a better world into a media soundbite.

And here are a few things that do matter.

§ Our courage.

§ Our moral compass.

§ How we treat each other.

We have picked a fight with the most powerful economic and political forces on the planet. That’s frightening. And as this movement grows from strength to strength, it will get more frightening. Always be aware that there will be a temptation to shift to smaller targets—like, say, the person sitting next to you at this meeting. After all, that is a battle that’s easier to win.

Don’t give in to the temptation. I’m not saying don’t call each other on shit. But this time, let’s treat each other as if we plan to work side by side in struggle for many, many years to come. Because the task before will demand nothing less.

Let’s treat this beautiful movement as if it is most important thing in the world. Because it is. It really is.

This speech also appeared in Saturday’s edition of the Occupied Wall Street Journal.

Al Jazeera reports: Maybe it was the unrestrained swinging of batons or the indiscriminate use of pepper-spray on a crowd of peaceful people. Maybe it was the scores of police officers doing their best to intimidate the public. Maybe it was the homemade drum accompaniment. Whatever it was, one chant in particular – directed at the NYPD – seemed to resonate with the hundreds upon hundreds of protesters gathered at the intersection of Wall Street and Broadway last night, “Who the f**k are you protecting?”

It was a reasonable enough question.

The NYPD claims to have arrested 23 people – most on charges of disorderly conduct – after thousands of demonstrators with the growing Occupy Wall Street movement gathered at the intersection of Broadway and Wall Street on Wednesday night, October 5. The protesters intended to march down the symbolic thoroughfare, which has been blocked off by barricades and a continual police presence since the Occupy Wall Street campaign began on September 17.

Protester Monica Lopez, a 25-year-old journalist from Spain, described what she witnessed: “We were in the march and we decided to come to Wall Street and then we got here and they absolutely blocked everything, both parts, the sidewalk and the street.” Lopez added, “We didn’t know what to do.”

With as many 2,000 protesters packed along both sides of Broadway at approximately 7:30PM, and a growing concentration of people gathering at the entrance to Wall Street, the demonstrators took to the so-called Peoples’ Mic; a call-and-response system used to communicate in the absence of amplification equipment. A call was issued for an on-the-spot consensus meeting. A contingent of the protesters ultimately decided to attempt a push through the police barricades and the scores of officers standing behind them. A young man hanging from scaffolding above the sidewalk announced the decision, warning those who did not wish to be arrested to step back and calling on those willing to take the risk to step forward.

The protesters made the push and police responded with immediate force. Within moments a cloud of pepper-spray appeared above the front of the crowd, as police indiscriminately sprayed into the faces of protesters. A police barricade was knocked down from the officers’ side and members of the NYPD surged into the crowd. Protesters chanted in volume, “We are the 99 per cent!” What followed, from eyewitness accounts, was a brutal beating of demonstrators on the part of NYPD officers, assaults on journalists and several heavy-handed arrests.

Officers mandated to protect the public, but well-trained in ways to hurt people, displayed little restraint as they beat, dragged and arrested dissenting citizens. Lopez says some protesters attempted to peacefully sit down but were targeted with violence regardless. She claims injured demonstrators were pulled beyond the barricade to prevent them from being helped by the crowd.

Dylan Ratigan writes: It was late Saturday night at Zuccotti Park, the heart of the Occupy Wall Street protests in New York. “Why are you here?” I asked one of the occupiers. “We are here to defend the American people against an occupying global financial oligarchy!”

“I am choosing to no longer participate in what I perceive to be an abusive relationship,” said Occupier Lopi, a 47-year-old who last year went to Haiti and housed 100 orphans in geodesic domes.

“Our goal to create a massive independent weapon of mass help! We are not intent on destruction. We are intent on confronting and fixing what we all know is a bought government.” another occupier told me. “This is our shared moment to seize prosperity.”

As each occupier bounced around like a water molecule, seeking alignment with those around them, the energy at the park was palpable. Watching the scene around me, one thing became clear to me: that a massive wave of energy is rebelling against the American government, unified in its intention to reject a system that refuses to defend 99% of its citizens.