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‘Occupy Oakland’ Deposited $20,000 at Wells Fargo after Vandalizing it

Posted by FactReal on November 10, 2011


Occupy Oakland protesters smashed windows at a Wells Fargo bank branch on Nov. 2, 2011, in Oakland, California.

CBS – San Francisco and the San Francisco Examiner reported:
Last week, one or more Occupy Oakland protesters smashed the windows of a Wells  Fargo branch.

This week, the group’s general assembly agreed — in a  near-unanimous vote Monday — to temporarily place $20,000 of the group’s money  in an account at the country’s fourth-largest bank holding company, Wells Fargo  Bank.

The anti-capitalism protesters discovered banks are convenient:
“It takes time to transfer funds to a credit union. We need to help people in jail now,” the minutes of the Monday meeting read.

The $20,000, donated from the national Occupy Wall Street movement, will be used to bail demonstrators out of jail or pay injured protesters’ medical expenses. […]

Ninety-seven percent of the Occupy campers voted to approve the proposal.

Notes to ponder:
– Shouldn’t Wells Fargo keep the Occupiers’ $20,000 to pay for the property damage?
– Shouldn’t the Occupiers distribute the $20,000 to the poor?
– Why are they hoarding those dollars? Isn’t that against their anti-capitalism principles?

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