Seattle city council passed resolution ...solidarity w/ OWS

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Source: City of Seattle

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEATTLE, THE MAYOR CONCURRING, THAT:

Section 1. By adoption of this Resolution, the City of Seattle recognizes the peaceful and lawful exercise of First Amendment Rights by "Occupy Seattle" and others.

Section 2. The structural causes of the economic crisis facing our society require decisive and sustained action at the national and state levels. Cities are harmed by the crisis and must play an important role in the development of public policy to address it. By adoption of this Resolution, the City Council commits to the following steps to minimize economic insecurity and destructive disparities:

1. The City will review its banking and investment practices to ensure that public funds are invested in responsible financial institutions that support our community. The Council may also consider future legislation to promote responsible banking and provide an incentive for banking institutions to invest more in our City, particularly with regard to stabilizing the housing market and supporting the creation of new businesses. This review should include evaluating City policies on responsible depositing and management of City funds. Moreover, the City will examine the number of home foreclosures in Seattle and the circumstances and causes of the foreclosures, the financial institutions involved in the foreclosures and the methods, tactics and apparent inequities that many people face in Seattle when lender foreclosure proceedings occur and will explore solutions intended to be more humane, civil and consistent with a spirit of assistance to the borrower.

Read more: http://clerk.seattle.gov/~scripts/nph-brs.exe?d=RESF&s1=31337.resn.&Sect6=HITOFF&l=20&p=1&u=/~public/resny.htm&r=1&f=G

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Seattle City Council just passed a resolution to stand in solidarity with occupy wall street.

Among other things this will move Seattle's money out of big banks to local credit unions.

[Fumesucker]

1. I like the preamble (?)

Resolution Number: 31337

A RESOLUTION recognizing and supporting the peaceful and lawful exercise of the First Amendment as a cherished and fundamental right in the effort to seek solutions for economically distressed Americans at the federal and local levels.

[teddy51]

2. Excellent, and good for them. Thats how it should be done. n/t

[SoCalNative]

3. Actually Los Angeles

City Council passed a resolution in support of Occupy LA back on October 12th.

http://blogs.laweekly.com/informer/2011/10/city_council_passes_occupy_la_resolution_democrats_unions.php

[List left]

4. thanks for the correction nt

[red dog 1]

5. What Would Quan Do If Oakland City Council Passed Such a Resolution?

[Zorra]

6. Awesome. Another accomplishment for the Occupy movement.

drip...drip...drip

[BanzaiBonnie]

7. Now it's time for Occupy Seattle to be active

in "helping" them match deeds to words.