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Occupy Wall Street or DC?

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    The Tea Party’s Jennifer Stefano explains how Occupy Wall Street’s grievances may mirror the Tea Party’s, but where this new protest movement ha...

  • Duration 5:42
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Hi everyone I'm Liz MacDonald entered just a -- -- He returns tomorrow tonight on the docket.

Breaking news I'll keep -- Wall Street the anti capitalism anti corporate protest.

-- it now sweeping the nation coast to coast.

The latest today was a big day for the moment thanks so holiday for governor workers that was not shared by many employees in the private sector including Wall Street.

While -- -- occupy Wall Street protesters.

Are legitimately upset by the bailouts for bankers.

This new influx of protesters and the public sector.

Fear for their jobs if Republican government cutters get their way.

Fear shared by their sympathizers and government.

-- -- -- And it's a fight between those who do not believe there should be any government role Republicans don't believe many of them don't believe in the public sector role.

And they vote accordingly.

The American people have to make a judgment as to.

What is important to them.

So let's get the other side of the story Tea Party captain Jennifer -- -- fat out.

You know what -- ever says the Tea Party actually have some things in common with occupy Wall Street she's with us tonight Jennifer what do you mean.

Well I think that this violence will when we're all looking down and we all feel overburdened without unemployment it's hard to get a job.

We'll see the same problems on the ground the problem is when it went and when these kids these kids are looking up dissing Barack Obama and the Nancy Pelosi the front line.

-- -- capitalism for this.

Quite the contrary it's not in Green -- are saying we seat.

And hear what you're saying you are absolutely going after the wrong targets free markets are not why this has crony capitalism right exactly crony capitalism Barack Obama.

Made -- Wall Street one of his top three bottlers to forty million dollars -- more of the securities firms of Wall Street the real estate -- of the trial lawyers.

Not -- that -- its average percent of his money came from these private investors off.

Wall Street -- the president is saying doesn't want Wall Street just now and not many politicians who because the elements of the issue is is that.

They occupy wall -- and to -- -- they're saying look a large companies have too much power Tea Party I think with signaled the government has too much power.

But both are basically both of you guys are decrying crony capitalism -- -- that's.

The problem and here's why given a free market system and in these kids ought to have learners -- school which they clearly did not.

Is free markets is -- the government does not swooping in.

And bail out companies that don't work you living you die in a free market that you're successful great if you're not too bad.

What happened here with classic crony capitalism under bush and under Obama and even bush in his -- said that He created a moral hazard by doing this.

They -- in and when these companies are failing they down and out with taxpayer money what is that DO.

It privatized is the benefits right to the investors and it's socialize is the risk on all of sweep Paper that.

-- -- -- -- -- That's essentially socialism so you know essentially.

Also to the Tea Party express.

Has been against the bail outs right to critics' press I think is -- saying no to senator Richard Lugar who voted for the ballots in Indiana he's out of Indiana.

But -- should the protest be in Washington DC instead because for example had big corrupt bailout of AIG coming out of the US treasury.

-- -- -- -- -- -- These protesters are and what they're doing now I totally -- number one in two years of the Tea Party not -- -- -- was arrested.

This is about violence is about undercutting society this is about give more more more to me what the Tea Party is about is we understand these problems.

What we'll have to do is take last take last take it ourselves in order to -- our government the beat it and they're -- they're aiming at the wrong target.

Guess I'll Barack Obama out of the White House is is not the father of all look at this is the Democratic Party -- -- -- your -- at a party it certainly you know.

On the media pundits that's a look at this -- United States owned Arab spring but the Arab spring -- -- -- in the Middle East and practices there.

They -- be fighting for the democracy we had that you're saying is being undermined from within.

-- they have no sense of history and they have know most sense of foreign affairs.

What we are fighting with the tea parties fighting -- is to maternal right to these students and all these people who by the way are being completely co opted and and they're being -- -- bike I'm going to college tuition costs are through.

Rightfully there justifiably upset about that they should go back to their last quicker faster to get six figures.

Who get to sit there were ten of the week -- can't -- the commonality between the Tea Party and the occupy Wall Street protesters spent a lot of commonality that why don't we are burdened and looking down we -- we all understand that there are problems.

What because -- such an enormous vacuum of leadership in our country and because a lot of these students have been brainwashed.

-- educational system change -- what capitalism is bad socialism now marks is good.

Not -- -- brainwashed but when they're looking up -- such an enormous vacuum of leadership on both sides.

All that's standing there are these socialist ideology and at the moment it sounds and feel -- I'm telling them.

There -- this is what led to more death and destruction socialism.

This any form of capitalism ever had if you want your blood to run in the street.

Stick with the capitalist model is is not the way to got does it matter -- announced in -- have -- -- from the -- in the -- but you know you can't -- welfare welfare without wealth creation.

You can't have social safety net without the private market -- to fund right.

So He here's what I say there's that you know their chest pounding on the 99 where the 99% make the 1% pay for us.

What I say to that is.

Come want -- that -- stopping you in America if you can't get a job.

Invent one it's called being American American exceptional -- there is nothing to stop those kids from going out.

And going in creating something for themselves golf find a way to make it work all right Jennifer subprime loans -- -- to not always colorful and here is on it always terrific thank you thank you so much --