Bank of No: Event Program: February 1, 2016 7:30 PM, at Leventis Gallery: Lecture and discussion about new artistic practices related to politics and activism from the streets to art galleries. 10:00 PM, at Point Centre for Contemporary Art Dance Party featuring an elixir from sounds of Goa, Santiago and Berlin and improvised spoken word in a visual installation. Deep within the cold night of Cypriot Austerity stands a bank. In front of this former headquarters of the financial crisis, now without visible brand or logo, a strange sculpture emerges from the ground. This is the debt spiral: its sharp point pierces the air. The 2013 crisis in Cyprus represents only one point of a new politics of inequality, which can be seen across the globe. Bank of No is a rebranding initiative for the banking crisis. We, a working group of artists from several countries, connect our political conditions to Cyprus, and propose a panoramic view. Against capitalistic envy we introduce the evil eye for protection and solidarity. Bank of No ends when the eye closes and we dance… Project by : Noah Fischer , Raúl Hott, Joulia Strauss , Csaba Nemes , Nurtane Karagil , twenty three #BankofNo
Like art markets and financial markets, Bank of NO isn’t confined by national borders. It conducts business in austerity-bound Cyprus and now the city of Leipzig. Bank of NO crosses over the waters of the Mediterranean and it also crosses the waters of history. In Leipzig it will now re-open Bankhaus Meyer & Co, the last private bank in the GDR whose owners became refugees from Nazi Germany in an earlier chapter of history. This makes a circular migration through time with people now crossing the Mediterranean in hopes of reaching Germany.
Leipzig is a strategic location for a Bank due to richness in artistic assets, especially old factory space and painting. In Leipzig, art is known to have a transformative effect on citizenship itself, helping to put the city on the map. The new Bank of No branch taps into this unique market by issuing free art currency. It reflects the richness of painting in Leipzig by rolling large paintings through public space. The coins of Bank of NO spin like the circular movement of refugees to and from Germany. Artistic surplus transformed into long-term political investments.
Project by: Noah Fischer (US), Joulia Strauss (RU), Csaba Nemes (HU), Raúl Hott (CL) and Nurtane Karagil (CY)
Halle 14, Leipzig
TERRA MEDITERRANEA: IN ACTION
Duration: September 17 until November 20, 2016
A journey from South Brooklyn to New York’s Halloween Parade bearing an effigy of Queen Mother. Collaboration with Pawel Althamer, Roman Stańczak and the Aaron Burr Society.
“Today, September 22nd, 2011 is the last day of Summer. And tomorrow is the beginning of the Fall…of the Empire of Greed. These coins, though insignificant in value, are the seeds of change for a new nation built on equality and justice” With these words, spoken before the New York Stock Exchange, the seven performances of the Summer of Change conclude. We distributed each American numismatic currency from the dollar to the penny at the feet of the Gods of Wall Street in a bid to break through the mythology of Free Markets. Today we marched from Liberty Park, currently occupied as a democratic “Free Zone” in the mode of Tahrir Square (Egypt) and Puerta del Sol(Spain) to Wall Street- scattering the seeds of change as we walked.
Saturday September 17, 2011 a peaceful movement inspired by Tahrir Square in Egypt, Puerta del Sol in Madrid, and the worldwide rage against an out-of-control financial system blossomed in New York City just as the Summer of Change turns to Fall. Protesters who had hoped to occupy Wall Street were not surprised to find the pedestrian mall completely shut down by the NYPD. However, The protest went on anyway in other locations of the Financial District and it continues as of this writing. The Summer of Change project is taking part in what we hope will be a beautiful new mass-performance of freedom and economic empowerment.
(FDR is interviewed in the video at 1:35).
film by Velcrow Ripper
Midnight on Wall Street. Alexander Hamilton appears on a red carpet, saunters past the Stock Exchange, and approaches the Federal Building steps. In the center of the square is a cardboard box inhabited by The Common Man. “Who is here that distrurbs my slumber?” “It is I who have some to see/if there is anything I can do for thee…”And thus ensues a performance in rhyme, a modern day Faust which, like Goethe’s great story, tells the tale of ambition, wealth, and ultimately, folly, and chilling horror.
Midnight on Wall Street. Alexander Hamilton appears on a red carpet, saunters past the Stock Exchange, and approaches the Federal Building steps. In the center of the square is a cardboard box inhabited by The Common Man. “Who is here that distrurbs my slumber?” “It is I who have some to see/if there is anything I can do for thee…”And thus ensues a performance in rhyme, a modern day Faust which, like Goethe’s great story, tells the tale of ambition, wealth, and ultimately, folly, and chilling horror. This is the fifth disribution of money to Wall Street and as in the other performances, the visage of the coin embodied, Thomas Jefferson, appears in his silver numismatic mask, shining in the streetlights of midnight Wall Street, to ring in the shower of 2000 nickels.
At high noon September 13, a man rolls onto Wall Street in a wheelchair, dismounts, and painfully makes his way up the steps of the Federal Building to speak to the American people:
“It is high time we speak frankly/ Of the current crisis threatening our Democracy/ The very state of the world today is a summons for us to stand together/ And to Act against injustice/ For this very spot, my friends/Is the site of a heinous crime…”
What heinous crime was committed on Wall Street? Come to the performance to find out! You’ll meet the Common Man and hear of his anger, hopes, and dreams for the future. And, of course, this will be followed by the usual showering of coins on Wall Street that you have come to know as the Summer of Change. Please join us for the fourth performance of the Summer of Change: the Distribution of 1000 Dimes.
…”progressive government by its very terms, must be a living and growing thing, that the battle for it is never ending and that if we let up for one single moment or one single year, not merely do we stand still but we fall back in the march of civilization.”
George Washington, father of the nation, marched onto Wall Street at high noon on August 25th, 2011 to distribute the coins that bear his visage, and to dialog with the Common Man; a soldier in his revolutionary army. This man, dressed in rags, relates how he was fleeced by Wall Street Investors who cashed in on war bonds. Standing on the plaza with the people, the Common Man yells for economic fairness. The father of the nation responds: Every American by their bootstraps pull/ Along this lively meritocracy/ What you ask for/ Is too much democracy!
High Noon on Thursday, the Father of our Nation shall dialog with the Common Man on the Federal Hall Steps of Wall Street. They will then distribute 400 US Quarter-Dollars to the Commonwealth for the latest numismatic offering of the Summer of Change. This is a joint venture of Noah Fischer and the Aaron Burr Society.
Please consider donating to this cause on Kickstarter. We guarantee that every penny you give will find its way to Wall Street! (You also have a chance to get your money back at the performance, but you must compete for it!
July 15th, Please Join us on Wall Street at 4:00 PM for the second event in the Summer of Change: A distribution of 200 50-cent pieces. At 4:30 we will march in procession to the Irish Hunger Memorial (map) where Ed Kimball will screen archival 8mm footage on JFK (whose visage adorns the 50-cent piece).
The whole event runs from 4-7 PM.
This performance is dedicated to the memory of Maria Soledad Loya 1940-2011
Coins, those age-old metallic discs struck with the symbols of national mythology, just might unlock reason & light in the fourth year of the Dire Global Recession, an economic state whose laws do not apply within the stones of Wall Street; whose invisible great wall is impregnable to marauding justice, equality, and change. So we present the Summer of Change; a series of numismatic ritual offerings to our nation’s bankers; those citizens worthy of prizes and honors; which we as artists are honored to bestow in public. Standing on The Street safely within the commons of the commonwealth, we shall seize this extraordinary moment by the horns to re-distribute wealth in the form of dollars, fifty-cent pieces, quarters, dimes, nickels, and the Lincoln penny; sacrificing one denomination per event. Lacking the private means to fund this unprecedented showering of coins, we turn to Kickstarter; with every penny that we raise from The People guaranteed to find its way into the palm of a Wall Street Banker.
We Present a series of 7 events to take place at the intersection of Wall and Broad Streets.(map)
SCHEDULE: The events will start on the Summer Solstice and end on the Fall Equinox
Distribution of 100 Greenback and Liberty Dollars:June 21st 12:00-1:00 PM
Distribution of 200 Kennedy Fifty-Cent Pieces: July 15th
4:00-4:30 PM (Wall Street)
4:30-5:00 (March to Irish Hunger Memorial)
5:00-7:00 (Irish Hunger Memorial) (map)
Distribution of 400 Washington Quarters: TBA
Distribution of 1000 Roosevelt Dimes: TBA
Distribution of 2000 Jefferson Nickels: TBA
Distribution of 10,000 Lincoln Pennies: September 22nd 12:00-1:00 PM