As banks face criticism from Occupy Wall Street protesters and customers angry about increased fees, credit unions are stepping up to take advantage of this dissatisfaction.
Scroll down to see video about Bank Transfer Day.
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Oakland Police Chief Howard Jordan blamed what he described as "anarchists and provocateurs" for causing a confrontation with police at a vacant building early Thursday that resulted in more than 80 people getting arrested.
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Thousands of Wall Street protesters marched in the streets of Oakland on Wednesday as they geared up with labor unions to picket banks, take over foreclosed homes and vacant buildings and disrupt operations at the nation's fifth-busiest port.
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A resolution imploring The City to be flexible with Occupy SF’s tent city at Justin Herman Plaza was passed by the Board of Supervisors on Tuesday.The resolution introduced by Supervisor John Avalos also discourages San Francisco police from using “force to dislodge the Occupy SF demonstrators.” During discussion of the item, supervisors mentioned the violent raid on the Occupy Oakland movement Oct. 25 and the near-raid that shook up the San Francisco camp the next night.
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Occupy Oakland has big plans for its general strike Wednesday, hoping to completely shut down the city for the day with anti-capitalist rallies and a march to the Port of Oakland. Calling for people to “occupy everywhere,” Oakland demonstration organizers are calling for students to walk out of school, employees to leave work, and banks and other corporations to shut down for the day to show the nation’s wealthiest that the people can shut down a major American city.
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Police are ready to raid the Occupy SF encampment when Mayor Ed Lee gives the order, but the interim mayor refused to say Thursday when or whether that order, which carries heavy political implications, will come.
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Mayor Jean Quan released a written statement Thursday night addressing "Occupy Oakland" demonstrators.Quan apologized in her statement for writing the address rather than speaking directly to the crowd as had been expected. She said that she had planned to speak at the "Speak Out" segment of tonight's Occupy Oakland assembly, but it was canceled.
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After a night in which it was thought there could be a raid on the Occupy SF encampment by the San Francisco Police Department, police Chief Greg Suhr spoke Thursday about why officers did not go into the camp and what could lie ahead.
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A raid on the Occupy SF camp in the Justin Herman Plaza is expected around midnight Thursday, according to police.
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