Hi.  As today's LA Times didn't even mention the Council vote, I send you
the news from my own hood's journal; Echo Park Patch!
What the Times did mention was the temperature hi for Saturday would be in
the low, tolerable 80's. This march iss a grand way to see what's up there.
And something really is happening, apparently all over the world.  
Ed
 
EVENT STARTS 10AM at Pershing Square:
Oct 15th: Global Day of Action: We gather at Pershing square at 10:00am,
then march through the financial district starting at 12:00 noon, and
afterward we will have music and speakers at City Hall all throughout the
daytime.



Spread the word....

JOIN IN SOLIDARITY WITH FOLKS FROM OCCUPY WALL STREET TO OCCUPY BRAZIL, FROM
OCCUPY BOISE TO OCCUPY TO OCCUPY SEOUL, FROM OCCUPY SANTE FE TO OCCUPY
AMSTERDAM, FROM OCCUPY ALASKA TO OCCUPY AUSTRALIA...


 <https://www.facebook.com/events/create/?eid=228775473848858> 


GLOBAL DAY OF ACTION: OCCUPY LA MARCH



Time     
15 October . 10:00 - 13:00

  _____  

Location         
Gather at Pershing square at 10:00am, then march through the financial
district starting at 12:00 noon, and afterward we will have music and
speakers at City Hall all throughout the day.

  _____  

Created by:      
Tamara Joy  <https://www.facebook.com/TamaraRettino> Rettino

  _____  

More info        
THIS SATURDAY MORNING, COME MARCH! 
  Please come, we need everyone. It would be amazing to see L.A. Represent
in a huge way
 
 

*  * *
 
http://echopark.patch.com/articles/city-supports-occupy-la-delays-banking-vo
te-8d589357

City Supports Occupy L.A., Delays Banking Vote 


Richard Alacorn's responsible banking ordinance will be taken up by the city
council's budget and finance committee on Nov. 21. 

*       By David  <http://echopark.patch.com/users/david-fonseca-2> Fonseca 
*       Email
<http://echopark.patch.com/articles/city-supports-occupy-la-delays-banking-v
ote-8d589357#> the author
*       October 12, 2011 

 
<http://echopark.patch.com/articles/city-supports-occupy-la-delays-banking-v
ote-8d589357#comments> &nbps;0 Comments 
    
 
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"Occupiers" await the city council's vote. 
Photos (1) 

Photos

 
<http://o1.aolcdn.com/dims-shared/dims3/PATCH/resize/600x450/http://hss-prod
.hss.aol.com/hss/storage/patch/35d4c1ac91f7f597c7b160f79fd81ba3> "Occupiers"
await the city council's vote.  Credit David Fonseca
<http://echopark.patch.com/users/david-fonseca-2>  
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<http://echopark.patch.com/articles/city-supports-occupy-la-delays-banking-v
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Dozens of Occupy Los Angeles demonstrators filled city hall on Wednesday
afternoon and hundreds more awaited updates outside, as the City Council
voted in favor of a motion to officially support the protest movement. 

The unanimous vote came after nearly an hour-and-a-half of public comments,
which were almost unanimously in favor of the grassroots protest modeled
after the anti-corporate Occupy Wall Street campaign

"These people are speaking up for true and meaningful change," said
Councilmember Paul Koretz. "We need to be thankful to them for putting these
kinds of issues before us."

Cheryl Aichele, a Los Feliz resident who participates in several committees
created by the demonstrators, said the city council's support has provided
legitimacy to the protests. 

"This is the first time a governmental body has shown support for an
occupation," she said. "It means we can get international media attention.
We can be an example to other occupations to work with their cities and get
more resolutions passed, so we can work toward solving those problems that
affect our daily lives. 

The demonstrators have described themselves are representing the 99-percent
of the population who felt unfairly subject to the economic decisions of the
wealthiest one-percent. 

Josh Bowman, who has been involved in the movement since it started in
online chat rooms and message boards, said that the city council's support
for Occupy L.A. was a show of support for the entire occupation movement. 

"It helps the entire movement," he said. "By putting their support behind
Occupy L.A. the city council is putting their support behind the entire
Occupy movement."

Responsible Banking

The protesters were dealt a small dose of disappointment, though, as the
city council failed to speed along a vote for Council member Richard
Alacorn's responsible banking ordinance. The ordinance would require banks
hoping to do business with the city to report on their lending and
investment activity to the city treasurer's office. 

Alacorn's motion had initially called for the ordinance to be taken up for a
vote no later than Oct. 28. However, after hearing arguments from
Councilmember Bernard Parks that the issue was too complex to be taken up so
soon, Alacorn agreed to a friendly amendment that delayed a discussion on
the ordinance until it was vetted by the budget and finance committee on
Nov. 21. 

If passed, institutions would be graded on their investment and lending
practices and community reinvestment goals,  allowing the city council to
choose to do business with the highest scoring institutions. Lower scoring
institutions, according to a fact sheet distributed by Alacorn's office,
would face the risk of divestment. 

Several members of the banking and business community who attended the
meeting said that, if passed, the ordinance would tie up banks and municipal
employees in additional red tape, while not encouraging any real reform. 

"The banks in this community are not the problem. The banks invest in the
community," said Doug Arseneault of the Valley Industry and Commerce
Association. "The legislation would overwork the city treasurer's office but
bring no real reform." 

Arseneault encouraged the city council to separate the responsible banking
motion from the Occupy L.A. issue. 

LAPD Commended 

The Los Angeles Police Department earned a round of applause from
demonstrators after a friendly amendment was added to Alacorn's motion to
recognize the department's efforts in overseeing the non-violent protests.
Unlike protesters in Boston and New York, L.A.'s occupiers have lived in
relative harmony with their municipal police force. 

"That has been able to happen because we came to a consensus that we would
work with the city before we occupied," Aichele said. "We told them what we
were going to do. We didn't ask for permission, but we told them what we
were going to do. Two Fridays ago, we spoke in front of the Los Angeles City
Council during public comment, and Councilman Alacorn sent a letter to the
chief of police, city attorney's office, city services director and a couple
other department heads saying 'if they are peaceful, if they are exercising
their First Amendment rights, let's work with them. That's why we have had
no police brutality or no police issues at all." 

Defining the Protests 

Many of the demonstrators who spoke during the public comment session of the
city council meeting expressed their anger over media reports depicting them
as unfocused, uninformed and lazy. 

Aichele admitted that, given the size of the protests, the education level
of the participants varied. She said that classrooms had been established to
bring newer members up to speed on the economic issues that sparked the
Occupy movements. 

"For me, precisely, I'm out here to address the economic inequalities, the
corporate greed and its influence on the political process," she said. "I'm
out here to educate and empower my fellow concerned citizens and occupiers
so we can start to take more of a role in the processes that effect our
lives." 

"We are doing democracy out here," she added. "It's a messy process."

Related Topics: #occupyla <http://echopark.patch.com/topics/%2523occupyla> ,
Activism <http://echopark.patch.com/topics/Activism> , Change
<http://echopark.patch.com/topics/Change> , Los
<http://echopark.patch.com/topics/Los+Angeles+City+Hall> Angeles City Hall,
and social movements <http://echopark.patch.com/topics/social+movements>  


Interested in a follow-up to this article?
 

Great, we'll send you an email as soon as a follow-up is published! 
 <http://echopark.patch.com/topics/local-connections> < Back to Local
Connections


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