Tuesday, January 17, 2012

Good News: Occupy Wall Street is running out of money.


In another blow to the OWS movement, Nancy Pelosi is throwing them under the bus.
(WSJ) — Occupy Wall Street—the movement built on protesting corporate greed and income inequality—is running out of money.
After raising more than $700,000 last fall, protesters who keep track of money for Occupy Wall Street reported this week that the group has about $170,000 in its bank account. Very few donations are coming in, they said.
“If we keep spending at the rate at which we have been doing, we will probably go broke in a month,” said Haywood Carey, 28 years old, a member of the movement’s accounting group.
Occupy Wall Street voted to freeze all spending on new projects at a Saturday meeting of its main government body, the General Assembly, but will continue spending on basics such as housing at several churches, food, clothing and transportation.
Read more here…

1 comment:

conservative werewolf said...

Why don't they make macrame vests and sell them on street corners? OH WAIT that would be like participating in a market economy, heresy to OWS. Better to beg for money from productive people.