With the future financial viability of the Occupy Wall Street movement in question, it’s worth taking a look at the money they raised and, more importantly, what they spent it on.
Fortunately for us, The Atlantic has taken a look at the most recent Occupy Wall Street financial records and noted some of the more interesting expenditures. Overall, Occupy Wall Street raised $737,000 since it began six months ago, and has spent or earmarked more than $700,000 of that. What has it been buying? Among other things:
Metrocards — $45,000
Shuttling protestors from protest site to protest site in a city this heavily dependent on mass transit and the subway clearly adds up over time.
Churches — $11,170
Since protestors were evicted from Zuccotti Park in December, many of the displaced protestors have been staying at local churches, with the movement paying rent on their behalf.
Legal Expenses — $9,900
Almost all of this total went towards bailing out Occupy activists arrested during protests.
Laundry — $7,196
Yes, many members of the Occupy movement did want clean clothes.
Puppets — $3,000
First used at a Halloween march, activists continued to make and use puppets afterwards for their actions.
Tobacco and Rolling Papers — $200
Zuccotti Park apparently had a roll your own cigarette station, aptly named “Nic@Nite”.
– Benjamin Nanamaker, InvestorPlace Money & Politics Editor
The opinions contained in this column are solely those of the writer.
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