“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker

Friday, October 28, 2011

OWS's Embarrassing $500,000 Problem

I read with amusement that the OccupyWallStreet group has now received some $500K of cash donations, and must begin to, well, organize in order to use it.

A Wall Street Journal piece revealed that the group currently is operating under another non-profit's tax ID and umbrella, thus making that group, the name of which escapes me, technically capable of vetting all spending decisions.

The article explained that the OWS protesters don't want to divulge their names, which some would have been were they have filed as a legal non-profit with the IRS.

Truly, this is becoming more and more a Tom Wolfe story. The rich ironies of a bunch of kids from well-off families pretending to behave like the homeless, eschewing all forms of conventional power and authority, find themselves with half a million dollars and no way to spend it without adopting- horrors!- conventional power structures such as governing committees, officers, and such.

How long before we learn of some financial malfeasance? Some embezzlement, drug dealing or other embarrassing use of the money by one of the more-equal-than-others OWS member?

As it is, local homeless people are showing up at OWS to feed themselves from the apparently bounteous spreads. Other stories report theft of computers and problems maintaining security from night time burglary.

The decision-making process is allegedly a daily all-members meeting which grinds slowly and exhibits the incredible inefficiency and cumbersomeness of non-representative attempts at democracy.

With cold weather nearly here, disease and infections beginning to appear among OWSers, how long before New York City shows some spine and finally clears out the squatters? Perhaps quite soon. After all, Oakland showed itself capable of that earlier this week. And then the protesters revealed their true, latent violent tendencies.

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