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Occupy Oakland members vote to deposit $20,000 with Wells Fargo, one of the ....

MaggieD

MaggieD

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...nation's biggest banks.

Occupy Oakland has voted to deposit $20,000 with Wells Fargo Bank -- just days after the bank's windows were smashed by Occupy protestors during the group's attempt to stage a general strike in Oakland.The decision was posted at Occupy Oakland's site for its general assembly. According to the link, the group made the decision to deposit the $20,000 with Wells at a meeting on Monday night. Wells Fargo quickly trumpeted the decision in emailed comments. "If this report is true, it demonstrates that even Occupy Oakland understands -- first-hand -- the value and service that Wells Fargo provides its customers," Wells spokesman Ruben Pulido said.
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What??? November 7th....Credit Unions!!

hypocritical: adjective
1. Characterized by hypocrisy: hypocritical praise.
2. Being a hypocrite: a hypocritical rogue.
3. Occupy Oakland voting to deposit $20K with Wells Fargo Bank.
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http://www.mercurynews.com/business/ci_19296946
 
Have to put the money somewhere :shrug:
 
Your Star said:
Have to put the money somewhere :shrug:
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How about a credit union? You know, the place they were pushing everyone else towards.

It makes me nutz that posters on one side of an issue can't ever be fair to the other side. Anyone who doesn't see this as hypocrisy is just being a partisan hack.
 
It's always a tough moment when occupiers and the like realize that they must play in the ballpark of the team that they despise, as it's still the only game in town.
 
Occupy Oakland intends to eventually place the funds with a credit union
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Occupy Oakland has delayed placing the funds into a credit union because the group is maneuvering to be considered a specialized type of organization. It wants to become an "unincorporated association," according to the Occupy Oakland minutes.
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The group has filed papers with California's Secretary of State to gain that status. An unincorporated nonprofit association is formed for the purposes of an ad hoc common effort, which can range from a bake sale to major group activities.
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"It takes time to transfer funds to a credit union," one of the general assembly members stated, according to the minutes posted on the website. "We need to help people in jail now."
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It seems like they are pretty much forced to go via Wells Fargo in order to get the status they want as an organization? If that is true it once again shows how laws and policies push money towards banks.
 
MaggieD said:
How about a credit union? You know, the place they were pushing everyone else towards.

It makes me nutz that posters on one side of an issue can't ever be fair to the other side. Anyone who doesn't see this as hypocrisy is just being a partisan hack.
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It clearly explains why they aren't going with a credit union in the article you posted. Seems like they are doing what they have to to get their people out of jail and intend on placing the money in a credit union when they have the time to do so but apparently that takes alittle bit longer and they need the money for bail now. It's a silly move by them but it's what they had to do.
 
Your Star said:
Have to put the money somewhere :shrug:
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Yeah, I'm baffled as to why they didn't choose a credit union. Obviously you're not going to put 20 large in a shopping bag, but you can do better than Wells Fargo!

Edit: Nevermind, what they did makes more sense after reading the entire article.
 
Even though they probably did the right thing, it is still pretty funny.
 
Ohhhh suuurrreee, you lol.

Maggie enrolls in remedial reading.
 
meh. they put it in the bank because it takes longer to put it in a credit union? really? I have opened accounts in both and I never noticed any big difference. and if they need the money for bail NOW...why not just pay the bail NOW instead of putting it in the bank?

smells like a copout to me.
 
MaggieD said:
How about a credit union? You know, the place they were pushing everyone else towards.

It makes me nutz that posters on one side of an issue can't ever be fair to the other side. Anyone who doesn't see this as hypocrisy is just being a partisan hack.
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Probably should have read on instead of attack me.
 
I'm confused. The article states ""It takes time to transfer funds to a credit union,". Transfer funds from where? The comments below state 'The money has been placed in a trust account of a Lawyer representing Occupy Oakland until the paperwork and accounts are finished.' Why is it's current location suddenly a problem? How long has it been there? Longer for a credit union account?

If they are waiting for a decision on their status from the State it typically takes a LONG time for such.

Weird!
 
This is just another version of the "they protest capitalism then drink Starbucks" argument, which is stupid.
 
Dickieboy said:
I'm confused. The article states ""It takes time to transfer funds to a credit union,". Transfer funds from where? The comments below state 'The money has been placed in a trust account of a Lawyer representing Occupy Oakland until the paperwork and accounts are finished.' Why is it's current location suddenly a problem? How long has it been there? Longer for a credit union account?

If they are waiting for a decision on their status from the State it typically takes a LONG time for such.

Weird!
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smells like copout
 
Khayembii Communique said:
This is just another version of the "they protest capitalism then drink Starbucks" argument, which is stupid.
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You mean it's like "Get Government Hands Off my Medicare"?

Or electing someone from the Tea Party who gets about $200,000 a year in farm subsidies, but claims to be for small government?

That kind of hypocrisy?

Or do you mean the kind of hypocrisy that complains about big government, but wants government to tell people who they can marry, what they can and cannot do in the bedroom, and what a doctor has to say to his patients, and what a woman has to do with her body?

Is it that kind of hypocrisy that bothers you?
 
FilmFestGuy said:
You mean it's like "Get Government Hands Off my Medicare"?

Or electing someone from the Tea Party who gets about $200,000 a year in farm subsidies, but claims to be for small government?

That kind of hypocrisy?

Or do you mean the kind of hypocrisy that complains about big government, but wants government to tell people who they can marry, what they can and cannot do in the bedroom, and what a doctor has to say to his patients, and what a woman has to do with her body?

Is it that kind of hypocrisy that bothers you?
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or the kind of hypocrisy that complains "the rich don't pay their fair share" while it is paying nothing?
 
nijato said:
I'm not a Marxist, but I do believe Engles once said that capitalists will sell you the rope to hang them with... or Russian words to that effect.
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Erm, first Engels was German, not Russian. Second, Lenin said that.
 
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