12M Global Day of Action – Meet the 1%Tagged as: 12m cuts globalspring may2012 occupylondon repression solidarity ukuncut workers_struggles
As part of the 12M Global Day of Action that occurred in over 350 cities, around 700 protesters gathered at St Pauls to take a tour [map | pics] of the financial institutions responsible for much of the crisis. Throughout the march, City of London police repeatedly tried to slow and halt the march and there were clashes as people pushed through police lines. The tour concluded at the Bank of England [pics] where an assembly was held. Police ordered the assembly to disperse and when it refused they sent in squads to violently drag people off the steps and make around 11 arrests [pics].
Pics: [1|2|3|4] Livestream | Liveblog | Occupied Times report | Occupy London report | Videos: #Occupymay London summary | 12M Arrests at Meet the 1% Protest BoE | Cops block 12M demo on Fetter Lane | 12M Stupid policing of Meet the 1%
The next event is 15M: Flood the British Bankers' Association!
The tour included visits to those that; gambled with our pensions, brought the global economy to the brink of ruin and evaded billions in taxes. They are benefiting by the crisis by grabbing fat privatisation contracts of our public services, they forced ordinary people to pay for their mess, and have taken more than £1tn in bailouts from the taxpayer and continue to pay themselves exorbitant bonuses.
Some background from Occupy London:
From banks and hedge funds to lobbyists and private equity firms, they’re all in the ‘Map of the 1%’ that has been produced by Occupy London and will be available on the day.
Nowhere in Europe is the unequal distribution of wealth as striking as in the UK. The richest 1,000 persons, just 0.005% of the adult population, increased their wealth by £155bn over the last three years. That is enough for themselves alone to pay off the entire budget deficit and still leave them with £30bn to spare. 
We’re all in this together’ never rang so hollow. Whilst the rest of the country is being crippled by war-time austerity, the very same people who caused the crisis are now sitting on wealth even greater than what they had before the crash.
The day will see citizens using peaceful, creative ways to deliver their own messages to the financial and corporate elite of the City.
We will continue to exercise our right to peacefully assemble in public spaces and develop the democratic processes to address the problems we face.
*** Stay in touch ***
- The rules of the game: From your phone text follow @occupymay to 86444 for free SMS notifications on the day.