Occupy Wall Street slowly going broke

After raising more than $700,000 last fall, protesters who keep track of money for Occupy Wall Street reported this week that the group has about $170,000 in its bank account. Very few donations are coming in, they said.

“If we keep spending at the rate at which we have been doing, we will probably go broke in a month,” said Haywood Carey, 28 years old, a member of the movement’s accounting group.

Occupy Wall Street voted to freeze all spending on new projects at a Saturday meeting of its main government body, the General Assembly, but will continue spending on basics such as housing at several churches, food, clothing and transportation…

There was a receipt for $1,101.07 to purchase herbs for homeopathic medicine as well as a few hundred dollars used to purchase rolling paper and tobacco for the “Nic at Night” cigarette station at the park.