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Occupy's Bank Blockade Victory

UC Davis occupiers innovate powerful new tactic.

The Occupy movement is building towards a big bang in May. Photo by Sunset Parkerpix

For the last two months, Occupy UC Davis has been blockading a campus branch of U.S. Bank. Now, in a victory for Occupy that potentially gives birth to a new movement tactic, U.S. Bank has capitulated and permanently closed the branch.

U.S. Bank has been a visible symbol on campus of the corporatization and monied corruption of education in part because, as The Aggie campus newspaper explains, “in 2010, all students were required to get new ID cards with the U.S. Bank logo on the back.”

The tactic of the occupiers was simple, nonviolent and highly effective. The Aggie describes the scene: “the blockade became a daily ritual. Protesters — typically numbering around 15 — would arrive around noon, followed by an officer from the campus police department. Thirty minutes later, bank employees would leave and the entire process would be repeated the next day.”

A celebratory statement posted on Occupy UC Davis’s website said, “the blockade of the U.S. Bank was a real battle against the privatization agenda, and its closure is a victory... This is not enough, this is not the end.”

The victory at Davis opens a new tactical horizon for Occupy. Can the bank blockade tactic be replicated across the nation? Could shutting down big banks every day for a month be the tactical breakthrough we need for May?

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42 comments on the article “Occupy's Bank Blockade Victory”

Displaying 31 - 40 of 42

Page 4 of 5

Anonymous

Still, it solves at least one important problem. By that logic, suicide bombing isn't a bad idea.

Anonymous

Fault Lines tells the definitive history of Occupy Wall Street
from its early days through the movement's rapid spread
up to the brutal crackdown by state authorities.

Jordan Flaherty co-produced this well-made documentary
about the Occupy Movement for Al Jazeera English:

http://www.youtube.com/watch?​​​v=K4VLYGfGDZg

Anonymous

In 1913 The FED private banking cartel used gov influence to re-legalised fractional reserve banking...

They can create (and own) 1 Trillion from 100 Billion in Reserve ...That's 900% profit

is it any wonder we have a 1% elitist class?

This latest 2007 crash is the tip of the elitist financial czarism iceberg

Henry Ford said it best:

There'd be a riot before next morning if folks understood the US banking system.

Anonymous

The US banking system is not free market capitalism

we have been the subjects of financial overlords for 100 years
and we are not conscious of how we've been indebted and indentured financially

the only reason the US did well after the ww ii is because we blew up the world
and we usurped the money creation power of that world in being THE reserve currency

the fractional reserve golden goose (of the 1%) has indebted indentured and enslaved the world

Anonymous

We did not 'blow up the world,' but we were the last ones standing unscathed, with the exception of the Soviet Union, which had used to the last months of the war to grow via stealing territory. There is a difference.

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