'Occupy Los Angeles' protest gets official support from city

Protesters who have gathered in front of City Hall in Los Angeles to show solidarity with the “Occupy Wall Street” protesters in lower Manhattan received 100 rain ponchos from Mayor Antonio Villaraigosa on Wednesday morning.

, when more than 750 people marched from Pershing Square to City Hall, chanting slogans such as, “Hey hey, ho ho! Wall Street greed has got to go” and “The people united will never be defeated.”

The mayor of the city is not the only official to support the demonstration. Seven of the 15 councilmembers on Wednesday voted to support "peaceful and vibrant exercise in First Amendment Rights carried out by `Occupy Los Angeles."'

The resolution calls for a vote on a proposal to require the city to to divest from financial institutions that have not cooperated with measures to prevent foreclosures.

"There was an Arab Spring," said Councilman Bill Rosendahl. "You're seeing an American Autumn. And it's connecting all over America. And if Washington can appreciate that, they'll withdraw the troops from these crazy wars. They will make the rich pay their fair share and reinvest in education, health care, infrastructure and the American people."

Unlike the larger “Occupy Wall Street” protest in New York City, no arrests have been made.

"It's been a very peaceful demonstration," Los Angeles Police Department Sgt. Mitzi Fierro told the LA Times. "They're out there exercising their First Amendment right, so we're going to allow them to continue as long it doesn't become an unlawful assembly."

Lasting five days, "Occupy Los Angeles" is the third longest ongoing demonstration. "" started 13 days ago and "Occupy Wall Street" started 19 days ago.

Watch video of day 4 of "Occupy Los Angeles," courtesy of Margot Paez of Insight Out News, below: