Occupy Wall Street almost out of money

Mon, 03/12/2012 - 3:08pm | posted by Jason Pye

Don’t look now, but Occupy Wall Street’s 15 minutes of fame isn’t just fading quickly. The Associated Press reports that they’re also low on money:

A finance report shows the group that galvanized the nationwide movement against economic inequality six months ago had about $45,000 left in its main account.

That’s for the week of March 2. Weekly donations plummeted to about $1,600.

The report on the group’s General Assembly website says at “the current rate of expenditure” the Occupiers will be “out of money in THREE WEEKS.”

Yeah, this is me not caring. Don’t get me wrong. They had a couple of legitimate points in their message, such as the TARP bailout being a bad deal for taxpayers and criticism of the government. But their solutions to were terrible because they would’ve place further reliance on the government and would have used force to take more from taxpayers through taxation.

The grievances that Occupy Wall Street put forward certainly do deserve a spot in the marketplace of ideas in the public discussion, but I reject them almost entirely. But my personal experiences with them make me, on the whole, take them much less seriously.

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Tagged: anarchists bailouts Big Government General Assembly Occupy Wall Street OWS Socialism Socialists TARP Wall Street

The Occupy Movement is NECESSARY for our citizens to expose the corruption which Big Business has infected our Government with. Every single person occupying the streets and protesting Corporations is a hero and a patriot. I was compelled to lend a hand and create some new posters for the movement which you can download for free on my artist’s blog at http://dregstudiosart.blogspot.com/2011/11/propaganda-for-occupy-movemen…

Brandt Hardin on Mon, 03/12/2012 - 4:24pm.

If I understand you right, you are saying that they have a left wing approach and that they were proposing solutions that would involve more government and corportation control. You may have a point. But I would add to your analysis the fact that OWS conglomerated a lot of people with very diverse points of views, and many of them would not fit in the description that I made explicit in the paragraph above (I’m not 100% sure this was your intention though.) Anyways, good point.

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Jan on Thu, 03/15/2012 - 5:05pm.

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