On Sun, Oct 16, 2011 at 12:30 PM, email@example.com
> Yesterday 24 people were arrested at a Citbank in the Village SOLELY for
> trying to take their money out. I heard the story from an NLG legal
> observer, and it was confirmed by the media; see:
> (The Times account includes lies from bank management about what happened.)
> Obviously we have to defend the comrades arrested.
> But this could also be an important turning point in the propaganda war
> against the banks.
> Citi has said: "This is OUR money, not YOURS. WE decide what to do with it,
> and we have the armed force of the state to ensure that."
> WE in response can say: "Fine. We went the route your ideology insists on,
> of consumer "choice." We encouraged people to put their money elsewhere (the
> Amalgamated or credit unions), and you called the NYPD on us.
> "So we're moving on to the only realistic solution. We will take back our
> money, and see it used for socially productive purposes -- NOT by
> withdrawing it, but by building a movement to occupy the banks, and once
> occupied, to unify and nationalize them under democratic control, i.e. under
> the control of unions, of tenants' and homeowners' groups, etc., i.e. of the
> 99% who want to decide collectively where the money is invested. And we know
> that the result will be investment in childcare centers, not missiles; in
> schools, not warships; in parks, not nuclear plants or fracking
> Such an approach, I should add, is also important in countering
> the right-wing libertarian demagogy about ending the Fed or other
> reactionary nostrums, as well as the liberal utopian fantasy that
> Glass-Steagall (separating commercial from investment banks) or breaking
> them into smaller, still-private, banks, is either possible or desirable.