The originators do not see Obama as part of the solution but as part of the corrupt, two-party Kabuki theater meant to distract the public while enriching the bankers. And they are right.
While much of the conservative media has dismissed the Occupy protests as a left-wing reaction to the Tea Party, they are wrong. Yes, the Obamunists are trying to co-opt the movement. But they may not succeed. The public is rightly outraged that the banks took over Congress and the Treasury, blew up the economy, then got bailouts and big bonuses. And Obama hasn't lifted a finger to change any of that or prosecute any of the crooks.
Conservatives should join, not condemn, the Occupy protests. Libertarians and End-the-Fedsters are already there.
UPDATE: Leftist Yves Smith on why OccupyWallStreet doesn't like Obama:
Participants are critical of the President’s bank-coddling ways and Obama gave a remarkably bald-face confirmation of their dim views.
As Dave Dayen recounts, Obama was cornered into explaining why his Administration has been soft of bank malfeasance. His defense amounted to “They’re savvy businessmen”: “Banks are in the business of making money, and they find loopholes.”
Is breaking IRS rules a “loophole”? How about making repeated false certifications in SEC filings? Or as Dayen points out, fabricating documents? Or making wrongful foreclosures, aka stealing houses?
The Administration’s strategy for maintaining this posture is by being anti-investigation and anti-transparency. As we’ve discussed, the stress tests were a sham. The foreclosure task force didn’t even try to look serious, it was a mere 8 week investigation and of 2800 cases chosen for review (in no scientific manner), only 100 were foreclosures. The US Trustee’s office found a level of servicing errors more than 10 times that asserted by banks and happily parroted by Federal banking regulators. We expect readers could add to this list just as readily as we can.
There are plenty of grounds for legal action. Contrary to the Obama/Geithner position, this is a target rich environment. And some of the violations were persistent and deliberate enough that they might well raise to the level of being criminal.