Word: kucinich
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...irony of the incident was that the same afternoon Dennis Kucinich, the mayor of Cleveland, had also been making withdrawals. Along with a crowd of reporters and television crews he had walked into the downtown office of Cleveland Trust, the city's largest bank, and withdrew all of his money. The gesture was designed to protest what Kucinich felt was the bank's lack of cooperation in the city's financial crisis. The week before, as the deadline for the payment of $14 million of city bank notes approached, it had been Cleveland Trust that led six local banks...
Needless to say, the Kucinich arrest took some of the sting out of the Kucinich protest. It ended up as just another Cleveland joke, and left people wondering what else could possibly go wrong...
...ousting him from office. His administration, staffed primarily by unusually young and inexperienced supporters whom the Cleveland business establishment and press continually charged with ineptitude and hostility, had to deal with the incomprehensible financial records left by the previous administration of Republican Ralph J. Perk. Then on Dec. 16, Kucinich's refusal to make political compromises and devise a financial package that the banks would accept plunged the city into default...
When he faced the city's financial crisis, Dennis J. Kucinich had won two elections for the office of mayor of Cleveland (the second being the recall election) by being a kind of urban populist in a city composed almost entirely of poor, working-class ethnics and blacks. His slogan was "Power to the People," and he waged war against the "establishment" that exploits the city for its own profit from its downtown offices and suburban homes...
...Kucinich's symbol is the city's 64-year-old Municipal Light Plant (Muny Light), which provides low-cost electricity to thousands of Cleveland users. Although the plant is plagued with maintenance problems and must now buy its power from the area's commercial power company, Cleveland Electric Illuminating (CEI), Kucinich believes he can make the system profitable again. The city's creditors feel that Muny is too great a drain on city resources and should be sold to CEI. However, Kucinich refuses to sell, charging that CEI and the banks are conspiring to play politics with the city finances...