Jay-Z To Sell Occupy Wall St. Inspired Shirts, Has No Plans To Share Profits
(UPDATED) Jay-Z's Rocawear clothing line is producing a line of Occupy Wall Street inspired clothing, but has no plans to share ANY OF the profits, according to a spokesperson. The twittersphere lit up recently with a photo (click on image to enlarge) of Jay-Z backstage with Russell Simmons and wearing a modified "Occupy Wall Street" shirt with the "W" crossed out and and adding an "S" to make it read "Occupy All Streets".
But the billionaire hip hop entrepreneur has no plans to share the wealth. "The 'Occupy All Streets' T shirt was created in support of the 'Occupy Wall Street' movement," a spokesperson told Business Insider. "Rocawear strongly encourages all forms of constructive expression, whether it be artistic, political or social. 'Occupy All Streets' is our way of reminding people that there is change to be made everywhere, not just on Wall Street. At this time we have not made an official commitment to monetarily support the movement."
He’s a business, man.
A good example that there is opportunity everywhere…
if you are already a celeb
OCCUPY HOLLYWOOD now on Mixvid . net!
I’ve got to give credit to the him for seeing an opportunity & making money off of it. At the same time wouldn’t it be better if they came out & said some of the profits from the sale of those shirts would go towards charities helping families get through the recession? If you’re all about change then give towards something that’s making it happen(and maybe they are. I don’t know Rocawear’s charitable donations)instead of padding your own pockets & being all words with no action. Granted it’s his company & he can do whatever he wants. I just feel like if you’re going to stand with the occupy Wall Street movement then you need to stand for what they’re against (the 1% getting richer while the 99% get poorer) otherwise you’re just being hypocritical & saying “damn the man” because it’s the cool thing to do at the moment & so you can make a few bucks in the process.
Jay Z is just like the rest of the rich 1% that are sell outs to the dollar. It would be amazing to see a musician like him to back occupy protestors. He is too pussy to step into heavy political territory. You musicians spoke big to elect Obama which in turn got us into more mess by bailing out the banks! I am sure his shirts are made is china, india, indonesia or mexico or some poor village of slaves to his corporate company. 1 shirt is made for 5 dollars and resold for 40-50 dollars. Markup is over 100% for profits. Typical corporate business man. Put it in perspective, either some of the rich back the protestors or there will be even worse aggressive action down the line. Middle class take over when the rich fall and the economy rebuilds itself. The people of America need a financial structure that is going to balance the system. Stop donating to other countries too!!! It isn’t right seeing our American children suffer the streets all because you think Americans have it better than a third world nation. Tell you this much, a paper dollar is only worth as much as the people invest into it. I am sure the rich have a reserve in every money type imaginable in case they need to run for their lives. Unfortunate for them the world is so small that the people can find them. The banks will crash again soon. The time for revolution may come here in America, that is 2012. One more item, I would like to thank the American people for buying foreign products for so cheap. It isn’t cheap anymore is it? Stop foriegn and manufacture domestic and the money will stay with America. It is simple but hard to restart the infrastructure. Think about it, do companies really need to make a 200% profit on us?