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Occupy Wall Street Almost Broke

With camp gone, so are donations

By Kevin Spak,  Newser Staff

Posted Jan 17, 2012 2:54 PM CST

(Newser) – It turns out Occupy Wall Street isn't great with money. The protest movement raised $700,000 last fall, but now all but $170,000 of that is gone, the Wall Street Journal reports. And now that protesters been evicted from Zuccotti Park and aren't garnering media coverage anymore, donations have slowed to a crawl. What was all that money spent on? Mostly necessary things, like renting a U-Haul to carry hundreds of pounds of dirty laundry, or food for occupiers, though some other expenses have raised eyebrows.

Some, for example, questioned the $1,101 spent on homeopathic medicines, or the couple hundred spent for tobacco and rolling paper. "You may not like it, but it was voted on by the General Assembly," says one member of Occupy's accounting group. Now, that assembly is debating whether it should try fundraising, something some protesters oppose. "There's a trap," one reasons, "that the mission becomes more about sustaining the organization than its message." (Click to read how the group was looking to hire an accountant.)

Participants, including Occupy Wall Street protesters, march and take part in a candlelight vigil to honor Rev. Martin Luther King Jr. in New York.
Participants, including Occupy Wall Street protesters, march and take part in a candlelight vigil to honor Rev. Martin Luther King Jr. in New York.   (AP Photo/Craig Ruttle)
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That money is there. Many people with money believe in this movement. I think we would be wise to tap into it. - Michael Levitin, 35, who raised $75,000 separately to fund the movement's
Occupied Wall Street Journal newspaper

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COMMENTS
Showing 3 of 36 comments
Riffran
Jan 18, 2012 2:22 AM CST
occupy has now became it's "enemy"  roflmao!
Nixon
Jan 18, 2012 1:32 AM CST
Talk about poetic.
Major7
Jan 17, 2012 8:03 PM CST
They don't need a park, they don't need a message and they don't need money.  They need a leader.  The Tea Party and OWS failed to recognize that, and they will both perish.  At least the Tea Party got a few moments in the sun. That's how the human race works.  Nothing great was ever accomplished by a group of people without a leader.  A single person can and has done amazing things, but nothing truly great EVER came out of a committee and never will.
 

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