The Occupy Wall Street protesters gained an unexpected advocate last week in the form of Henry Blodget, a former top stock analyst who went on to found the website Business Insider, where he is now the editor-in-chief.
Blodget recently posted an article the website titled "What the Wall Street Protesters Are So Angry About," which has already received almost four million views. Within the post, Blodget presents a series of graphs that illustrate the protester's grievances, arguing that "in the never-ending tug-of-war between 'labor' and 'capital,' there has rarely—if ever—been a time when 'capital' was so clearly winning."
Today on American Morning, Blodget sits down with Christine Romans to explain his arguments and to discuss the Occupy Wall Street movement.