Former New York Gov. Elliot Spitzer (D) told Current TV's Keith Olbermann that the Occupy Wall Street protests should be a sign to President Barack Obama.

"What the NYPD did with the arrest of 700 protesters on Brooklyn Bridge was the single best public relations for the protesters because suddenly people stood up and said, 'Wait a minute, I agree with these protesters. I'm with them emotionally, viscerally. In my bones, I know they are right. Why are the police arresting them and there hasn't been a single arrest of a Wall Street executive. Not one,'" the former governor said. "Not one out of the Obama administration justice department. They say they are investigating. Seven hundred arrest of good, decent people saying something is wrong with our economy."

"This is organic," Spitzer explained. "It is genuine. It is amassing more and more support day by day. It has touched a nerve and I think this could really begin to say to the Obama administration, 'Hey you don't understand what we, the public, are saying to you.' He's off there -- he has been so flat on this issue of Wall Street and the economy. Maybe this will push the president to speak with a new more aggressive, dynamic voice."

Watch this video from Current TV's Countdown with Keith Olbermann, broadcast Oct. 5, 2011.