Wednesday, October 12, 2011

Occupy LA brings RESULTS

Citizens gather together at a strategy meeting at Occupy LA
Photo credit: gpfoto

BAM. Occupy LA brings results, by ghod!

Local independent television and former PBS affiliate KCET reports:

"Other than general statements of support, City Council members did not debate the merits of Occupy LA's goals or the main crux of the resolution, which supports "the continuation of the peaceful and vibrant exercise in First Amendment Rights" of the protestors, hundreds of them who are camping outside city hall (and vow to through December). Rather, the council focused on the other part of the resolution: logistics of hearing a responsible banking measure that was introduced over a year ago by Council member Richard Alarcon.

"That measure seeks to divest city money from banks not cooperating with foreclosure prevention efforts and instead flow money into banks reinvesting in the community. Billions of dollars invested in banks could be affected. It will be discussed on or by November 21st by the city's Finance and Budget Committee, with a preliminary discussion at a City Council meeting that same week."

All you banksters: Suck. On. This.

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