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If I understand correctly, the Occupy Movement is based around the corporate world in America having too much money and not using it for the greater good. So what did the movement itself do? Raised money! There was a lot more hype surrounding the protests in the fall and they received $700,000 from supporters.
These days they aren't making too many headlines so their funds have dwindled to $170,000. 28 year old Haywood Carey, member of the movements accounting board, states that they "will probably go broke in a month," if they keep spending as they have been. The main governing body, the General Assembly, made the executive decision to freeze all spending on anything other than housing at churchs, food, transportation, and clothes.
Doesn't look like they're even spending money on those things. It's cold at night in NYC! Especially in January.
These dedicated political activists were freezing in Zuccotti Park last week since being kicked out of Lower Manhattan park in mid-November. They movement then paid for 2 weeks of housing at a couple of nearby churches.
Carey reveals that the General Assembly votes on all spending over $100. And they voted to buy rolling papers and tobacco for people who wanted cigarettes. Really? That's what they spend money on? This all seems very big-business-y to me.
The General Assembly meetings have now turned into debates about how to spend the money according to activist Jason Ahmadi, 27. Ahmadi dislikes the focus on spending and would like things to go back to being based on "human and social capital".
Michael Levitin, 35, claims that "many people with money believe in this movement. It would be wise to tap into it". Donations are tax-deductible so that's an incentive for the rich to give them money. But, again, this seems to be backwards. Aren't these activists trying to spread the wealth, end tax evasion, impliment a Robin Hood tax, and get the rich to pay for (in money or criminally) the financial crisis we are in? If it were up to me, I would take the money given to Occupy Wall Street, and put it in our national debt fund. That probably isn't a real thing, but it should be.
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