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(Huffington Post)   Occupy Wall Street raises $300,000. Now if there were only some sort of big place on Wall Street where money can be stored   (huffingtonpost.com) divider line 309
    More: Interesting, Occupy Wall Street, Wall Street, United Federation of Teachers, Rapid City, Zuccotti Park, The Bank of New York Mellon, anti-war activists, Cindy Sheehan  
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4393 clicks; posted to Main » on 17 Oct 2011 at 12:00 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



309 Comments   (+0 »)
   

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2011-10-17 08:26:07 AM
The movement has an account at Amalgamated Bank, which bills itself as "the only 100 percent union-owned bank in the United States."

My grandfather and father were officers there from the 1930s to the 1980s and I still have my accounts with them. They don't have any of this fee nonsense like the bigger banks for checking accounts or debit cards. Down side was we were one of the only "poor" bankers' families I knew growing up (middle class, nowhere near rich) as their low fees meant low pay for employees.

On the plus side for them, they made a killing when the property their main branch was on (Union Square) gentrified (when I was a kid in the 1970s you did not walk through Union Square Park, even in daylight).
 
2011-10-17 08:36:27 AM
Unions own banks? They're probably sekretly buying shares of Citibank and BoA, to subvert all things good and Capitalist.
 
2011-10-17 09:23:52 AM
Pffft. The GOP spends that on paid trolls in one week.

/see below
 
2011-10-17 09:27:04 AM

Ed Finnerty: Pffft. The GOP spends that on paid trolls in one week hour.

/see below

 
2011-10-17 09:28:18 AM

Ed Finnerty: Pffft. The GOP spends that on paid trolls in one week.

/see below


I am not an underpaid worker :)
 
2011-10-17 09:59:09 AM
I just hope the weed suppliers explain supply and demand to 'em when the supplies start running low. Then this will be worth the aggravation
 
2011-10-17 10:08:55 AM

damageddude: My grandfather and father were officers there from the 1930s to the 1980s and I still have my accounts with them. They don't have any of this fee nonsense like the bigger banks for checking accounts or debit cards.


In other words, they're communists.
 
2011-10-17 10:38:51 AM

sigdiamond2000: In other words, they're communists.


As I recall, the bank was pretty liberal so that meant employees were liberal. The bank was owned by the ILGWU and my parents used to take us to pro-union rallies in Manhattan in the 1970s now and then.

Some of the union leaders my dad did business with were "connected." Every now and then we'd be watching the evening news and see somebody my dad knew getting arrested for mob related activities. As long as you stayed on their good side, they were nice guys.
 
2011-10-17 10:44:54 AM
Kind of curious how long the OWS stuff will keep going before it comes to a head with police/government. The one in Rome kind of petered out after they lit a bunch of shiat on fire.

The hand-wringing and bongo drum chanting is interesting and all, but I want to see which side flinches first in this game of chicken.
 
2011-10-17 10:54:06 AM

Schadenfreude ist die schoenste Freude: Kind of curious how long the OWS stuff will keep going before it comes to a head with police/government


Bloomberg is just doing what any good Russian commander would do. Just go get warm and cozy somewhere and watch the enemy freeze to death.

img534.imageshack.us

This occupation will end by the middle of November.
 
2011-10-17 11:12:19 AM

The Stealth Hippopotamus: Schadenfreude ist die schoenste Freude: Kind of curious how long the OWS stuff will keep going before it comes to a head with police/government

Bloomberg is just doing what any good Russian commander would do. Just go get warm and cozy somewhere and watch the enemy freeze to death.

[img534.imageshack.us image 520x370]

This occupation will end by the middle of November.


That's what I'm interested in seeing. How long they hold out once the real cold weather starts to hit. I wonder if they start bringing in heating lamps and parkas.
 
2011-10-17 11:52:11 AM
they should take that money and go buy stock with it. then they'll have a legal right to show up at every board meeting - they'll be stake holders.
 
2011-10-17 12:02:39 PM
They can finally afford to have Sarah Palin speak at one of their rallies!
 
2011-10-17 12:08:15 PM
Now they can afford a huge drum circle
 
2011-10-17 12:11:28 PM
Ya'll email me when you get up the stones to actually take and occupy ground.
Shut the street down and take the office buildings.

A sleep over is not gonna get er done.
 
2011-10-17 12:15:03 PM
Hey, subby-boy -

Isn't one of the main points of OWS that you don't get your money back from Wall Street?

Way to twit up the place.
 
2011-10-17 12:15:16 PM

snocone: A sleep over is not gonna get er done.


I like to call it a biatch-in. Like a sit in, but more biatching and less, you know, actually doing anything.
 
2011-10-17 12:17:18 PM

damageddude: (when I was a kid in the 1970s you did not walk through Union Square Park, even in daylight).


I'd still stay away from the east side of the park, where all the methadone clinic patients go to hang out while they ride the hobby-horse.
 
2011-10-17 12:17:34 PM

Weaver95: they should take that money and go buy stock with it. then they'll have a legal right to show up at every board meeting - they'll be stake holders.


That's.... brilliant.

Except they'll get someone to change rules so that you'll have to own X% of the company to actually show up, but if you want to vote, mail this form in and we'll mail one back to you with your choices if and only if a clear majority of stockholders did not come to a decision.
 
2011-10-17 12:19:16 PM

The Stealth Hippopotamus: Schadenfreude ist die schoenste Freude: Kind of curious how long the OWS stuff will keep going before it comes to a head with police/government

Bloomberg is just doing what any good Russian commander would do. Just go get warm and cozy somewhere and watch the enemy freeze to death.

[img534.imageshack.us image 520x370]

This occupation will end by the middle of November.


If Napolean's army had been equipped with sub zero sleeping bags and chemical handwarmers they would be speaking French in Moscow today.
 
2011-10-17 12:19:37 PM
That'll buy a lot of giant paper mache heads.
 
2011-10-17 12:19:50 PM

The Stealth Hippopotamus: I just hope the weed suppliers explain supply and demand to 'em when the supplies start running low. Then this will be worth the aggravation


Well it's probably the reason me and a shiatload of other people learned the metric system.
 
2011-10-17 12:19:53 PM
They should put the money into the absolutely lowest stock option company there.

/That'll show 'em.
 
2011-10-17 12:19:56 PM

snocone: Shut the street down and take the office buildings.


Some are already shutting shiat down.
 
2011-10-17 12:20:30 PM
No VE?
modmins, get on that

I'll start:
Scrooge McDuck's money vault
 
2011-10-17 12:21:03 PM
I still can't understand why people are protesting. Protests against the government work because politicians care about being re-elected. What is protesting a business going to do? As long as the shareholders are making money they don't care who the CEO is even if there is some bad press. Protesting the whole financial sector doesn't do any good because they are making money. They don't care and never will if you sit out on the street occupying your time with an iPad and drinking a latte. They just look at you like a fool.

Plus it wasn't their fault you borrowed money to get an education (blame your university), buy a house you couldn't afford, maxed out credit cards being useless gadgets, or anything you decide to spend your money on. Save up the money in cash if you don't like interest rates.
 
2011-10-17 12:21:19 PM

Weaver95: they should take that money and go buy stock with it. then they'll have a legal right to show up at every board meeting - they'll be stake holders.


Not a bad idea, actually. I wonder how disruptive you could be without getting immediately thrown out. Not very I assume.
 
2011-10-17 12:21:38 PM
Looks like you could use a "were," subby.
 
2011-10-17 12:21:49 PM
NOTICE: Sit-In's are are the political equivalent of praying.

/that is all
 
2011-10-17 12:22:04 PM

The Stealth Hippopotamus: Schadenfreude ist die schoenste Freude: Kind of curious how long the OWS stuff will keep going before it comes to a head with police/government

Bloomberg is just doing what any good Russian commander would do. Just go get warm and cozy somewhere and watch the enemy freeze to death.

[img534.imageshack.us image 520x370]

This occupation will end by the middle of November.


You're forgetting that the North Atlantic subspecies of Hippie grows a thick, carpeted coat capable of withstanding freezing colds and hours of Phish.
 
2011-10-17 12:22:47 PM

Schadenfreude ist die schoenste Freude: Kind of curious how long the OWS stuff will keep going before it comes to a head with police/government. The one in Rome kind of petered out after they lit a bunch of shiat on fire.

The hand-wringing and bongo drum chanting is interesting and all, but I want to see which side flinches first in this game of chicken.


You can still do business while a bunch of people camp out in a park, so I don't know why one side would flinch at all. I expect that someone in the crowd will get tired of being ignored and do something that will bring the police down on everyone.
 
JJR
2011-10-17 12:22:48 PM
I agree - the fleabaggers will quit by mid November.
 
2011-10-17 12:22:52 PM

miniflea: Weaver95: they should take that money and go buy stock with it. then they'll have a legal right to show up at every board meeting - they'll be stake holders.

Not a bad idea, actually. I wonder how disruptive you could be without getting immediately thrown out. Not very I assume.


they could buy shares in key companies, then proxy their vote to a group of protesters and send batches of people to share holder meetings to question every proposal, every decision and request every bit of information and data they could get their hands on.
 
2011-10-17 12:22:53 PM

damageddude: The movement has an account at Amalgamated Bank, which bills itself as "the only 100 percent union-owned bank in the United States."

My grandfather and father were officers there from the 1930s to the 1980s and I still have my accounts with them. They don't have any of this fee nonsense like the bigger banks for checking accounts or debit cards. Down side was we were one of the only "poor" bankers' families I knew growing up (middle class, nowhere near rich) as their low fees meant low pay for employees.

On the plus side for them, they made a killing when the property their main branch was on (Union Square) gentrified (when I was a kid in the 1970s you did not walk through Union Square Park, even in daylight).


4.bp.blogspot.com
 
2011-10-17 12:23:20 PM

probesport: NOTICE: Sit-In's are are the political equivalent of praying.

/that is all


The 1960s would like to speak with you, spray you with a water cannon.
 
2011-10-17 12:23:21 PM
quickdraw
If Napolean's army had been equipped with sub zero sleeping bags and chemical handwarmers they would be speaking French in Moscow today.

That's what they should do with part of that $300,000......
 
2011-10-17 12:23:26 PM
I love how these guys are all buddy buddy with the teachers unions.

because you know, if there is one organization out there that puts everyone in front of themselves, and sacrifices to help the average person, its the farking teachers union.
 
2011-10-17 12:24:24 PM
incidentally, Limbaugh's official anti-protest meme for the day is that the protesters are 'vile, corrupt control freaks and marxist/communists'. he also said that he's tired of the protests and that they should stop now.

/can't make this stuff up
//show is hilarious today so far.
 
2011-10-17 12:24:43 PM

JJR: I agree - the fleabaggers will quit by mid November.


Stop trying to make "fleabaggers" happen! It's not going to happen!
 
2011-10-17 12:25:37 PM

JJR: I agree - the fleabaggers will quit by mid November.


that's not a very nice thing to call the tea party.
 
2011-10-17 12:25:54 PM

probesport: NOTICE: Sit-In's are are the political equivalent of praying.

/that is all


Worked for the civil rights movement.

People start wondering why people are protesting, and then that leads to people complaining to the government for redress.

OWS is working, and it's causing a lot of fear in the right wing. Hence all the FUD and propaganda coming from conservatives about it.
 
2011-10-17 12:28:38 PM

Antimatter: probesport: NOTICE: Sit-In's are are the political equivalent of praying.

/that is all

Worked for the civil rights movement.

People start wondering why people are protesting, and then that leads to people complaining to the government for redress.

OWS is working, and it's causing a lot of fear in the right wing. Hence all the FUD and propaganda coming from conservatives about it.


You are comparing apples to lazy, entitled hipsters.
 
2011-10-17 12:29:07 PM

Antimatter: OWS is working, and it's causing a lot of fear in the right wing. Hence all the FUD and propaganda coming from conservatives about it.


Absolutely.
 
2011-10-17 12:29:47 PM
If there are no leaders at OWS, what names are on the account?

/just wondering...
 
2011-10-17 12:31:00 PM

DarwiOdrade: JJR: I agree - the fleabaggers will quit by mid November.

Stop trying to make "fleabaggers" happen! It's not going to happen!


Freebaggers also works, since they want us to pay for everything they want. But fleabaggers is more accurate.
 
2011-10-17 12:31:23 PM

Sudlow: If there are no leaders at OWS, what names are on the account?

/just wondering...


The news this morning mentioned some union non profit handling it for them for the time being.

10 bucks though says this is what splinters the group, when they start arguing about how they should spend their money at their silly little 90% must agree meetings.
 
2011-10-17 12:31:34 PM
Are they incorporated? Isn't that ironic?
 
2011-10-17 12:31:42 PM
$300,000... for/by 5,000 protesters... That's $60 each... over one month... = $2 / day / person.
 
2011-10-17 12:32:52 PM
Now that they have some money, shouldn't they be paying rent for using that park?
 
2011-10-17 12:32:56 PM

miniflea: Weaver95: they should take that money and go buy stock with it. then they'll have a legal right to show up at every board meeting - they'll be stake holders.

Not a bad idea, actually. I wonder how disruptive you could be without getting immediately thrown out. Not very I assume.


Moore's Roger and Me shows just how quickly they'll pull the plug when an undesirable appears at a shareholder's meeting.
 
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