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WI Firemen Shut Down A Bank That Backed Gov. Walker

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  1. above_films above_films is offline

    Hollywood, CA
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    Mar 12th, 2011 (3/12/2011 6:45pm)

    Everybody knows the GOP's biggest weakness is money, so why not hit 'em in the sweet spot? That's what many amazing Wisconsin firefighters did yesterday when they collectively began withdrawing their funds from Madison's M&I Bank -- whose executives and board members were among the highest donors to Governor Scott Walker's campaign.

    Heeding a call by Firefighters Local 311 President Joe Conway to 'Move your money,' union members withdrew over $100,000 from the bank, with some reports stating that number is as high as $192,000. Either way, it was a hefty enough chunk of change that M&I shut its doors and closed for the day at 3PM.

    This is a very simple, very peaceful way to inflict some serious damage on the money-grubbers; super kudos to the Firefighters Union.

    Anecdoctally -- 'M&I Bank received $1.7 billion in bailout money via President George W. Bush's Troubled Assets Relief Program. The bank was acquired by the Bank of Montreal in December of 2010 for $4.1 billion in stock,' reports

    UPDATE: Stranded Wind over at DailyKos has photos of the protest outside M&I, and says the ante has been upped to $600,000! 'What these pictures show are six hundred ordinary citizens descending on the M&I branch near the Wisconsin Capitol after learning of their purchase of the gubernatorial election last November. Two firefighters with old school ideas about saving had over $600,000 between the two of them and they demanded cashier's checks on the spot.'

    http://www.alternet.org/newsandviews..._funded_walker
  2. emcee21 emcee21 is offline

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    Mar 12th, 2011 (3/12/2011 6:51pm) in reply to above_films

     
    Originally Posted by above_films View Post

    Two firefighters with old school ideas about saving

    This part made me giggle, considering the source. Clever strategy!
    Edited By: emcee21 Mar 12th, 2011 at 06:51 PM
  3. BigJohn804 BigJohn804 is offline

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    Mar 12th, 2011 (3/12/2011 6:54pm) in reply to above_films

    and they'll show them what's what by taking that money and depositing it in another bank! HA HA! SUCKERS!
  4. Underdog Underdog is offline MVP of OT (self-proclaimed)

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    Mar 12th, 2011 (3/12/2011 6:55pm) in reply to BigJohn804

    $192,000? The biggest danger this poses to the bank is that they will hurt themselves from laughing. The unions need to have a better strategy than this or there's no point in having a union.
  5. Futon Futon is offline

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    Mar 12th, 2011 (3/12/2011 6:57pm) in reply to BigJohn804

    Can't wait to see alll the Republicans that switch their banking over to M & I after this.
  6. Moonlight Graham Moonlight Graham is online now

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    Mar 12th, 2011 (3/12/2011 6:59pm) in reply to Futon

    No matter the problem, no matter the outcome, it is nice to see ordinary citizens taking a proactive line to defend what they believe in.
  7. ginwilly ginwilly is offline

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    Mar 12th, 2011 (3/12/2011 7:00pm) in reply to Moonlight Graham

    Fireman showing once again how to protest. That's pretty cool What fire and police have that teachers don't is a brotherhood with or without a union. They are on the winning side of these battles more times than not.

    We still want your pensions though.
  8. LeftyMark LeftyMark is offline Boss of Birds

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    Mar 12th, 2011 (3/12/2011 7:02pm) in reply to Futon

     
    Originally Posted by Futon View Post

    Can't wait to see alll the Republicans that switch their banking over to M & I after this.

    Makes me want to open an account.
  9. TheWacoKidd TheWacoKidd is offline haters gonna hate

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    Mar 12th, 2011 (3/12/2011 7:04pm) in reply to LeftyMark

    what kind of bank gets hurt from a couple hundred grand?

    above_films has to be the worst poster in OT.

     
    Originally Posted by Underdog View Post

    $192,000? The biggest danger this poses to the bank is that they will hurt themselves from laughing. The unions need to have a better strategy than this or there's no point in having a union.

    loooooool for real
     1
  10. gamma21 gamma21 is offline

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    Mar 12th, 2011 (3/12/2011 7:05pm) in reply to TheWacoKidd

    What these pictures show are six hundred ordinary citizens descending on the M&I branch near the Wisconsin Capitol after learning of their purchase of the gubernatorial election last November.

    This made me laugh.
     
  11. 2Slick4u 2Slick4u is offline

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    Mar 12th, 2011 (3/12/2011 8:08pm) in reply to above_films

    [IMG][/IMG]
  12. Milo Milo is offline

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    Mar 12th, 2011 (3/12/2011 8:14pm) in reply to 2Slick4u

    The reason for the closure probably has more to do with a lack of cash on hand, rather than any threat of insolvency. And if a bank cannot survive the withdrawal of $600k, they deserve to fold. Curious how much the other local banks in the Capitol contributed to the campaign . . .
    Edited By: Milo Mar 12th, 2011 at 08:14 PM
  13. thereraise thereraise is offline

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    Mar 12th, 2011 (3/12/2011 8:40pm) in reply to Milo

    "a sudden streak of home invasion robberies at numerous Wisconsin firefighter's homes" tonight at 11
  14. RUBINH RUBINH is offline

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    Mar 12th, 2011 (3/12/2011 8:51pm) in reply to thereraise

    If 192k caused a bank to get scurred, what happens when Gboro withdraws money from his account?!?!
  15. dbcoyotes23 dbcoyotes23 is offline

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    Mar 12th, 2011 (3/12/2011 8:54pm) in reply to above_films

    "The bank was acquired by the Bank of Montreal in December of 2010 for $4.1 billion in stock"

    Way to go WI Firefighters, going after those ...uh, guys,...that uh, ...had nothing to do with the November 2010 vote. Well played.
  16. Hateflops Hateflops is offline 7 over par. ship it!

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    Mar 12th, 2011 (3/12/2011 9:02pm) in reply to RUBINH

     
    Originally Posted by RUBINH View Post

    If 192k caused a bank to get scurred, what happens when Gboro withdraws money from his account?!?!

    FAIL
    Edited By: Hateflops Mar 12th, 2011 at 09:02 PM
  17. RUBINH RUBINH is offline

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    Mar 12th, 2011 (3/12/2011 9:06pm) in reply to Hateflops

    Please tell me why.
  18. Hateflops Hateflops is offline 7 over par. ship it!

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    Mar 12th, 2011 (3/12/2011 9:09pm) in reply to RUBINH

     
    Originally Posted by RUBINH View Post

    Please tell me why.

    It's just a fail bruh, don't worry about it. You'll learn OT too.
  19. Niceguy Niceguy is offline I will find you.

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    Mar 12th, 2011 (3/12/2011 9:12pm) in reply to Hateflops

    Wisconsin must be a real shit hole.
  20. RUBINH RUBINH is offline

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    Mar 12th, 2011 (3/12/2011 9:12pm) in reply to Niceguy

    Ahhh ok thx, keep me updated.
    Edited By: RUBINH Mar 12th, 2011 at 09:12 PM
    Reason: @ Hateflops
  21. gamma21 gamma21 is offline

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    Mar 12th, 2011 (3/12/2011 9:18pm) in reply to Niceguy

     
    Originally Posted by Niceguy View Post

    Wisconsin must be a real shit hole.

    Well it is next to Michigan.
     
  22. ChipArtist ChipArtist is offline

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    Mar 12th, 2011 (3/12/2011 9:37pm) in reply to LeftyMark

     
    Originally Posted by LeftyMark View Post

    Makes me want to open an account.

    +1

    OP should post less
  23. time4badbeat time4badbeat is offline

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    Mar 12th, 2011 (3/12/2011 10:55pm) in reply to ChipArtist

    All this tells me is that the fire fighters are seriously overpaid if they have 100s of Ks just sitting in their savings/money mrkt accounts
     
  24. Cmoney3 Cmoney3 is offline

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    Mar 12th, 2011 (3/12/2011 10:57pm) in reply to time4badbeat

     
    Originally Posted by time4badbeat View Post

    All this tells me is that the fire fighters are seriously overpaid if they have 100s of Ks just sitting in their savings/money mrkt accounts

    QF will be broke by the time you retire.
  25. Niceguy Niceguy is offline I will find you.

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    Mar 12th, 2011 (3/12/2011 11:03pm) in reply to Cmoney3

    It's always funny how everyone says "this group of people make too much money" but never say that they, themselves, make too much money.
  26. darkpoker12 darkpoker12 is offline

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    Mar 12th, 2011 (3/12/2011 11:19pm) in reply to Niceguy

    This reminds me of that one movie or series where the Russians had planned to crush us finacially in the future with some 50 year+ plan, but it turned out that the plan only ended up being like .00000000001% of our money
  27. time4badbeat time4badbeat is offline

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    Mar 12th, 2011 (3/12/2011 11:23pm) in reply to Cmoney3

     
    Originally Posted by Cmoney3 View Post

    QF will be broke by the time you retire.

    LOL@you

    Make 40k and I'm currently saving 4k in a 401k, 4k in a Roth and 3k in an HSA per year, so pretty doubtful that I'll be broke when I retire.
     
  28. Cmoney3 Cmoney3 is offline

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    Mar 12th, 2011 (3/12/2011 11:28pm) in reply to time4badbeat

     
    Originally Posted by time4badbeat View Post

    LOL@you

    Make 40k and I'm currently saving 4k in a 401k, 4k in a Roth and 3k in an HSA per year, so pretty doubtful that I'll be broke when I retire.

    so why would u say that someone who has saved up money over the course of his life to the tune of 600k makes too much? maybe he saved well and made good timely investments? not to mention they risk their lives everytime they go on a call.
  29. time4badbeat time4badbeat is offline

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    Mar 13th, 2011 (3/13/2011 1:48am) in reply to Cmoney3

     
    Originally Posted by Cmoney3 View Post

    so why would u say that someone who has saved up money over the course of his life to the tune of 600k makes too much? maybe he saved well and made good timely investments? not to mention they risk their lives everytime they go on a call.

    Because he has a couple hundred K just sitting in the bank (cash) when he should have it in some sort of investment.

    And I was obv. joking around.
    Edited By: time4badbeat Mar 13th, 2011 at 01:48 AM
     
  30. norcaljeff norcaljeff is offline 2010 OT Thread Kill Leader

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    Mar 13th, 2011 (3/13/2011 1:53am) in reply to above_films

    dammit all the good jokes have already been made itt
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