Author and Rolling Stone columnist Matt Taibbi appeared on Countdown with Keith Olbermann to discuss the “Occupy Wall Street” protests and their potential for motivating change.

The protest, as it stands, is mostly made up of young people who are feeling fed up and disaffected, but Taibbi sees the protests as a reflection of real anger on the part of the American people, anger that rises out of the sense that Wall Street controls too much of American political life. Activists whose work centers around these issues, he says, can point to the protests as a manifestation of genuine distress on the part of the public.

Keith poses the question as to whether a gathering of Tea Party protests would have garnered more media attention. At the end of the segment, he quips that maybe the “Occupy Wall Street” crowd needs more “funny hats”.