Busloads of protestors from all across the U.S. including West Virginia jam D.C. to focus on Crony Capitalism!
Today, thousands of 99 Percenters marched on K Street in Washington, D.C. as part of the “Take Back The Capitol” action which was aimed directly at the lobbying firms that corporate interests use to influence the federal government.
In case the corporate media pretends it doesn’t know why these Americans decided to take their anger out on K Street, a report recently released by Public Campaign reveals how crucial it is for Americans to reclaim our democracy by directly battling the special interests of mega corporations. Public Campaign’s research exposes thirty giant corporations which spent more money lobbying our lawmakers than they spent in taxes. For example, one of the top 10 most profitable companies in the world — General Electric — got a net tax rebate of $4.7 billion from 2008 to 2010. Which is a whoppin return on the $84 million it spent lobbying the federal government during that same period.
The full list of the 30 corporations and what they paid in federal taxes as opposed to lobbying is available at this link.
For on-the-ground live observations check out the twitter log at this link
The following is provided courtesy of the SEIU Blog at this link and OccupyCharlestonWV.org at this link…
3:10 PM Eastern – Wednesday, December 7, 2011
“We Are The 99%!” March on K Street (Live Blog)
By Kate Thomas
Day 3 of Take Back The Capitol kicked off with lots of rain….but nothing can put out this fire!
Remember–even if you can’t be in DC with us this week, you can still make an impact.
Send Congress a message here and we’ll deliver it for you.
LIVE UPDATES as the actions unfold below. You can also stay in the know via hashtag #99indc.
UPDATE, 3:00 PM: 99er’s in DC have mostly headed back to the People’s Camp near the National Mall.
During today’s #99InDC action on K Street, 11 people were arrested; 8 men and 3 women. The group was primarily made of unemployed 99er’s and clergy.
1:45 PM: Marching on New York Street now.
1:28 PM: Protesters now marching East on K Street.
1:20 PM: Arrests taking place. Exact number TBD. More details to come shortly.
Captured one clergy member being arrested below:
1:10 PM: BREAKING: DCPD warns 99er’s to clear K Street.
12:49 PM: No amount of rain can faze those battered by the storm of economic injustice & corporate greed (h/t @IWJ)
A long view of K Street:
12:28 PM: Video of K Street scene.
12:27 PM: Actions at 15th & K Street.
12:18 PM: Breaking: Activists shut down 16th and K St.
From 2008 to 2010, 30 Fortune 500 companies spent more on lobbyists than they paid in taxes. Can you think of a better reason to shut down K Street than that?
12:13 PM: Letting K Street know we’re here loud & clear.
12:05 PM: One of the last stops on the way to K Street: building w/ General Electric (GE) lobbyists.
12:00 PM: Crowd breaks into “The people, united, will never be defeated!”
11:57 AM: Outside Verizon offices protesting corporate greed on 13th and I Street, chanting “Shame on Verizon!”
11:47 AM: Swarming Wells Fargo on 13th Street.
Chanting “banks got bailed out, we got sold out!”
11:31 AM: Thousands surge down the street, chanting “We Are The 99%! We Are The 99%!)
Watch a live stream of the actions happening at http://www.ustream.tv/channel/iwilloccupy.
11:21 AM: Activists break off into 4 marching lines and begin to converge on K Street.
11:11 AM: Walking from natl mall to downtown
11:00 AM: Thousands of enthused 99er’s gather on the People’s Mall before marching to confront lobbyists on K Street.
10:00 AM: Bringing the People’s Mic to K Street lobbyists:
Lobbyists, beware! The 99 percent is marching to K Street today with mud on our boots & democracy in our hearts.
About Service Employees International Union:
SEIU is the fastest-growing union in North America. Focused on uniting workers in three sectors to improve their lives and the services they provide