A debit card for the 99 percent
Occupy Wall Street is about to occupy your wallet.
Occupy Wall Street is about to occupy your wallet, said Colin Moynihan in The New York Times. “To mark the second anniversary of the Occupy Wall Street movement,” a Cornell law professor, an ex–Deutsche Bank banker, and a former British diplomat have devised a “prepaid Occupy debit card” to serve people who don’t have bank accounts. The group, known as the Occupy Money Cooperative, “invites visitors to ‘join the revolution,’ suggesting that using the card might represent a ‘protest with every purchase.’” While there will be no up-front cost for the card, “there will be fees, including $1.95 for ATM withdrawals and 99 cents for balance inquiries.” Not everyone is enthusiastic. “This is a very odd fit,” said Bill Dobbs, one longtime Occupy participant. “For the project’s sake and Occupy’s sake, they ought to go on separate paths.”