11 Demonstrators Arrested at J.P. Morgan Chase, Seattle
Today, at J.P. Morgan Chase in Seattle, police arrested eleven protestors demanding Wall Street pay their fair share of taxes. The action was the first of a series of ten to be launched by The New Bottom Line, a coalition of organizers and individuals "working together to build a movement that challenges established big bank interests on behalf of struggling and middle-class communities. "
Below is a message AlterNet has received from Betsy Dillner of Alliance for a Just Society, regarding the events of today:
“175 people gathered at Chase headquarters in downtown Seattle. They shut us out of the headquarters so we took the CEOs of Chase, Wells Fargo, and BofA to trial in the streets. We overtook the intersection of 3rd and University for 45 mins and the crowd found the CEOs guilty of crimes against the people of Washington. 11 people were arrested, and are currently being processed.”
The arrests may not be the last for The New Botton Line. The group still has nine actions to go, and their locations stretch all the way from San Francisco to Honolulu. The ongoing actions coincide with the public launch of The New Bottom Line, which the group says represents more than 1,000 faith-based and community organizations looking to hold Wall Street accountable and find solutions for the middle class.
“We are struggling with less and less, while the big banks profit more and more. The big banks have done nothing but dodge taxes, throw people out of their homes and choke small business, all the while draining our wealth to pad their bottom line. It’s time for JPMorgan Chase, Bank of America and Wells Fargo to pay US back,” said George Goehl, Executive Director of National People’s Action, an organizational member of The New Bottom Line. “We are fighting to build an economy that works for all of us. Our bottom line means good jobs, healthy communities, and a government that fights for everyday people.”
The New Bottom Line is not alone in the fight to reform Wall Street. Thousands of protestors are gathering to demand changes in big business, and at Occupy Wall Street in New York, demonstrators undeterred by arrests are gearing up for a long-term stay.