Alec Baldwin defends capitalism, banks at Occupy Wall Street protest

Chris Moody

Alec Baldwin visited the Occupy Wall Street protests in New York City this week, where he found himself defending the very institutions the demonstrators are protesting: Banks, capitalism and the rich.

"You have to have capital markets in this country," Baldwin said. "You can't not have strong capital markets in this country or this country is going to go down the tubes. ... Capitalism is worthwhile and capitalism demands the flow of money. ... You want the banks to do what the banks do."

Baldwin said he wouldn't answer any questions, but quickly got into a discussion with a group of Ron Paul supporters who grilled him on the Federal Reserve.

Watch the video here: