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Occupy movement wants to start a financial institution (Won't they need cops?)
SF Examiner ^ | 11/23/11 | Dan Schreiber

Posted on 11/26/2011 6:35:00 AM PST by Libloather

Occupy movement wants to start a financial institution
By: Dan Schreiber | 11/23/11 2:38 PM
Examiner Staff Writer

Call it the First Bank of Occupy.

The denizens of the embattled tent city on San Francisco’s Justin Herman Plaza have been pushing for folks to close their accounts at big banks and put the money in credit unions instead. Now, the movement wants to form its own institution to keep their money out of the hands of the reviled 1 percent.

A survey circulating Facebook and other social networking sites asks some simple questions that occupiers hope will relay the demand for such a credit union when the results are sent to the state’s Department of Financial Institutions.

The effort, which will be detailed at a meeting on Wednesday at 4:30 p.m. at the camp, is indicative of Occupy SF’s movement toward more initiative in solving some of the issues it has raised, according to Occupy member Shon Kae.

(Excerpt) Read more at sfexaminer.com ...


TOPICS:
KEYWORDS: bank; california; credit; creditunion; occupy; occutards; ricoact; sanfrancisco; union
Free camping in the lobby -


1 posted on 11/26/2011 6:35:11 AM PST by Libloather
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To: Libloather

I think this one needs to Occupy Jenny Craig. I hope the Japanese whaler fleet doesn’t get ahold of his picture.


2 posted on 11/26/2011 6:37:56 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va

3 posted on 11/26/2011 6:47:31 AM PST by poindexter
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Libloather.
A survey circulating Facebook and other social networking sites asks some simple questions that occupiers hope will relay the demand for such a credit union when the results are sent to the state’s Department of Financial Institutions.
If the social parasites of the Occutard Movement hadn't majored in macramé and indigenous vegetarian transgender issues (other than those who skipped class in high school and skipped college altogether, going straight to EBT cards and begging on the streets), they could organize their own credit union, instead of wanting the gubmint to do all their work for them. Credit unions are self-governining, democratic membership organizations, after all. Of course, they just group much of the money on deposit and invest it in time certificates with banks, so...


4 posted on 11/26/2011 7:08:40 AM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Libloather
So... Their new objective is to join the "1%" they despise so much


5 posted on 11/26/2011 7:26:33 AM PST by Iron Munro (Ben Raines For President)
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To: Libloather

Sounds like time to drop 400,000 copies of “Animal Farm” on these people.


6 posted on 11/26/2011 7:29:53 AM PST by Humble Servant
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To: Libloather
Nothin' shakin' on Shakedown Street. Used to be the heart of town.


7 posted on 11/26/2011 7:32:15 AM PST by mac_truck ( Aide toi et dieu t aidera)
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To: Libloather; All

Wow, I hope these fools do manage to charter a bank because it would greatly complicate their message. No longer could they chant, “Down with banks. Banks are evil.” Instead, it would have to be, “Down with all banks, except for ours. Banks are evil, except for ours”. Not to mention the slogans on the protest signs would have to use smaller writing, either that or they’d have to get bigger signs.


8 posted on 11/26/2011 8:25:06 AM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Libloather
Prediction: within 10 minutes of opening this “institution”, one of these leeches will slip & fall in it...and then sue everyone for everything they have,
9 posted on 11/26/2011 8:30:25 AM PST by BookmanTheJanitor
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To: Libloather

A new Sharia compliant bank, no doubt.


10 posted on 11/26/2011 9:03:20 AM PST by GreatRoad (O < 0)
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To: Libloather
More power to them. They can lend money the way they scream at the big banks to lend.
Then we watch them go under.

Bunch of children.

11 posted on 11/26/2011 9:07:44 AM PST by HereInTheHeartland (I love how the FR spellchecker doesn't recognize the word "Obama")
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To: Libloather

I know these people are idiots, but could ANYONE possibly be stupid enough to trust them with their life savings?

“Don’t worry, Mrs. Goldstein, your money is safe! I put it into a really promising macrame collective and some truly righteous weed!”


12 posted on 11/26/2011 2:31:17 PM PST by HHFi
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