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Tomorrow's Protests at 100s of Bank of Americas Is AlterNet's Top Take Action Campaign of the Week

By Isaac Fitzgerald, AlterNet. Posted April 27, 2009.


Join angry citizens who will be protesting across the country, demanding that CEO Ken Lewis be fired and that BOA stop consumer abuses.

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Are you angry about corporate executives raking in millions of dollars of bonuses for colossal financial failures from your tax dollars, while working people lose jobs and benefits?

Or how about the predatory lending and the arbitrary raising of interest rates on credit cards by big banks awash in billions of dollars of government payoffs? That probably makes you angry too. And you are not alone.  There are tens of thousands of Americans, and organizations who are with you and are doing something abou it tomorrow. Click here to join the angry citizens who will be protesting at hundreds of Bank of America's around the country, demanding that CEO Ken Lewis be fired, that BOA stop consumer abuses, provide health care to all of its employees and stop lobbying against pro-labor legislation like EFCA. BofA has accepted 45 billion dollars in taxpayer subsidies.

AlterNet's Top Ten Take Action Campaigns

We need more dissent like tomorrow's "Take Back the Economy" rallies protests which are imaginative, broad based, and gets to the heart of the matter -- corporate greed and irresponsibility. To help highlight these campaigns, AlterNet is launching its Top Ten Hottest Take Action campaigns for social change today, and the number one campaign is "Take Back the Economy," sponsored by SEIU, Moveon.org , CCC, US Action, Working Families Party and many more. The second-ranked campaign is an effort to hold Bush administration torturers accountable. The third is the struggling effort to pass the Employee Free Choice Act ( EFCA). A few weeks ago AlterNet helped launch A New Way Forward, another growing effort help organize people around polices that favor banks over people.

To give prominence to campaigns check out our new front page tool (in the upper right-hand corner). The tool allow you to quickly and easily access information about the most important causes, campaigns, and grassroots movements happening right now, and then to take action. Every week we will highlight ten campaigns roughly based on the campaign's vision, the achievability of their goals, the number of people they will benefit, the progressive values they trumpet, and our ability to help them succeed. We will focus on local, national, and even international efforts of people who are working to improve our world. (If you know of an ongoing campaign, grassroots movement, or ongoing political action, please email us at action@alternet.org. Every week, on Tuesday, we will have new campaigns to highlight, and others will move up and down the list depending on what's happening in the political world at the moment.

Change cannot happen in a vacuum; will you do your part and join the protests? To find the protest happening in your community and to learn more about how you can stand up against Bank of America's greed and corruption go to takebacktheeconomy.org. We know that with so many issues the amount of work that needs to be done can be overwhelming, as is the number of organizations and grassroots movements that are asking for your attention. The 'The Top Ten Hottest Campaigns' feature will help you quickly and easily access many of the most important campaigns taking place right now.

I - Take Back the Economy - Taxpayers Nationwide Protest Bank of America's Corporate Excess

As mentioned above, taxpayers nationwide are organizing to demand Bank of America reform its ways. Led by SEIU, MoveOn.org, and other community groups, thousands will come out on April 28th to demand that Bank of America fire CEO Ken Lewis and change the way they do business. We bailed them out, now they need to listen to us.Will you stand up and demand Bank of America change its way? To learn more click here: http://takebacktheeconomy.org/

II - Demand Accountability for Bush-Era Torture

MoveOn.org is gathering signatures to demand Attorney General Eric Holder hold those leaders who broke our laws accountable. Let Holder know that you think "it's time to appoint a special prosecutor to investigate and prosecute the architects of the Bush-era torture program." It's time to tell Washington that no one is above the law. To learn how to help, click here: http://pol.moveon.org/notorture/index.html?rc=homepage


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View:
Why no mention of 9/11 Tooth?
Posted by: brunowe on Apr 27, 2009 12:28 AM   
Current rating: 4    [1 = poor; 5 = excellent]
It is a proven fact, established by great Americans, godlike in their patriotism, that the foundation of all the war crimes was the destruction of the WTC by government-trained radioactive beavers with adamantium teeth, who were released into the ducts of WTC by Marvin Bush himself and who chewed through the supports!

If Alternet and Common Dreams did their duty as alternative media; you would be doing this story. There are pictures of the radioactive beavers out there! There are released CIA memos regarding experiments with mutant animal technology going back to the 50s! Anyone who can add two and two and, like myself, get it right with no more than two tries realizes this!

9/11 Tooth is at the bottom of everything! The abuses of the Bush administration, the financial crisis, the popularity of Lady GaGa.

What is putting pressure on you Mr. Fitzgerald? Are you afraid the beavers will eat the foundations the buildings in which you live? You can email me at pfspaghettiforbrains@area51isreal.com if you think I'm full of it.

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» Funny, but save for other times Posted by: Gabba_Gabba_Hey
Here's a better protest that's silent too. Switch from big bank to credit union.
Posted by: JenniferBedingfield on Apr 27, 2009 5:09 AM   
Current rating: 5    [1 = poor; 5 = excellent]
Even the Republicans would never allow big banks to destroy credit unions. I switched and don't regret it. Let's all silently protest and let the big banks collapse. The fewer customers it has, the less likely even the klutzes on Capitol Hill will feel like bailing them out.

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» You read my mind, jenny Posted by: willymack
AIG is in bad shape
Posted by: sunnywater on Apr 27, 2009 5:35 AM   
Current rating: 5    [1 = poor; 5 = excellent]
Many banks now want to cash in on their insurance and AIG says it is out of cash.

AIG handed out 165 million dollars in bonuses to its top employees on Mar. 13.

Rep. John Lewis, said Thursday that his research shows that at least 13 firms that have received the biggest bailouts owe more than 220 million dollars in back taxes - a violation of the contract they signed with the U.S. Treasury.

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» RE: AIG is in bad shape Posted by: Longdream
Asking ain't getting
Posted by: Stell on Apr 27, 2009 5:49 AM   
Current rating: 5    [1 = poor; 5 = excellent]
Asking, even "demanding" that these fuckers do what's right is never going to work. They are not amenable to reason, or plays on human empathy. Otherwise, they wouldn't be BOA executives to begin with.

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» RE: Asking ain't getting Posted by: VZEQICVA
» RE: Depends on who's asking. Posted by: Longdream
Geithner must go!
Posted by: Skeptic10 on Apr 27, 2009 6:45 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
From MSNBC (http://www.msnbc.msn.com/id/30429089/):

Step by step, through an array of new programs, the Federal Reserve and Treasury have assumed an unprecedented role in the banking system, using unprecedented amounts of taxpayer money, to try to save the nation’s financiers from their own mistakes.

And more often than not, Mr. Geithner has been a leading architect of those bailouts, the activist at the head of the pack.

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Instead of standing outside the bank and "protesting"...
Posted by: rafaeltoral on Apr 27, 2009 6:51 AM   
Current rating: 5    [1 = poor; 5 = excellent]
...how about taking your money out of the bank, invest in gold, pay off your credit cards, maybe use a credit union.

If you have no assets, e.g. house, nice car, etc, declare bankruptcy. This is more for the extremist but these are the things its going to take.

Protest with the only real vote you have...your money.

We are the feedstock for the system that continues to fail us. The only way to kill it is to starve it to death. Pissing and moaning with some signs outside of a bank does little to change things.

Right now our government is trying to throw a huge bandage over a festering wound that needs amputation.

The end result will be far more catastrophic than if the banks would have been left to fail that needed to fail.

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A GLIMMER OF LIGHT
Posted by: VZEQICVA on Apr 27, 2009 7:17 AM   
Current rating: 5    [1 = poor; 5 = excellent]
Can anyone imagine a publc protest about anything during the Bush Admin? It's refreshing to see that people care. I've been a BOA customer for years and the woman I see most often hasn't had a raise in five years. And yes, she does deserve one. So they are pompous and arrogant across the board. A little humility wouldn't hurt. ANNA

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let's talk about banks extortion methods!!
Posted by: dsmidiman on Apr 27, 2009 7:48 AM   
Current rating: 5    [1 = poor; 5 = excellent]
I am glad that attention is finally being directed towards bank and credit people. They have been extorting money from their customers for a long time and it is rediculous that the govt. has not put a stop to it. Here are some examples. Many people now days (because of the ailing economy) are running very "thin" in their bank accts. On any particular day let's say you have an acct. balance of $200 (the numbers are just examples). Let's say you use your ATM/Credit card at 9am to get something to eat and it cost you $12. Then you have to get gas and use the same card and it's $40 and that is the same day let's say that's about 2pm. You get paid a check for another hundred dollars during the day and deposit that at 4pm. The $100 check you got paid and deposited is written on the very same bank that you have your acct. at. So your thinking you started with $200, you deposited another $100 all in the same day before the bank closed so you now have $300. Then at 8pm that evening you pay a bill that is $180. You think your ok because you should have $300 in your acct. and you used your card to use up $232 of that leaving you a balance of $68. You come home from work the next day and discover that the bank hits you with 2 NSF fees of $36 each because they processed the $180 charge made at 8pm first, then the $40 gas charge made at 4pm next and then the $12 dollars you charged at 9am and finally the $100 check that was written on thier bank and deposited before they closed all the day before. If this is not extortion I don't know what is!! The $100 check that was written on their bank should have cleared at the same time if they processed the days transactions all at once. Even if they processed the transactions sequencially you should still be ok. You started out with $200 bought breakfast for $12 at 9am, got gas at 4pm made a deposit with a check written on the same bank at 5pm and then paid the bill at 8pm that evening. Even if you had not made the deposit of $100 at 5pm and they processed the transactions the way you made them you would have only been overdrawn once with the bill you paid at 8pm the day before and have only 1 NSF fee of $36. Instead they process the biggest transaction made last first causing the two smaller transactions made first at 9am and 4pm causing both of those to make you overdrawn so they could hit you with 2 NSF fees instead of one. This is nothing but extortion!! Here's another example, you know how tricky the banks are and you need to get cash in the bank instead of depositing a check you get that is written on a different bank than yours and you know it is going to take at least 24 hrs for that check to clear your bank if it is deposited. You go to the bank that the check it written on and they hit you with anywhere from $7 to $12 dollars to cash the check when the check is written on their bank and they can see with a couple of strokes of the keyboard if the check is good or not!! This is extortion!! Banks and credit card companies are running amuck with their tricks to get fees and stuff from thier customers. And us customers are the very ones who are going to be paying higher taxes for years because we are "bailing" them out. We are getting raped from every direction all the time the CEO's and board members that are coming up with all these ways to screw us are making millions of dollars in pay and bonuses. It is rediculous!!!

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» usury used to be a bad thing. Posted by: rafaeltoral
Yes. Any AlterNetters with BoA accounts: change banks!
Posted by: Gabba_Gabba_Hey on Apr 27, 2009 8:04 AM   
Current rating: 5    [1 = poor; 5 = excellent]
Yay AlterNet on this one. And if any regular reader of AlterNet still has a Bank of America account, please find a new bank and get the hell out of there!

In general the smaller banks are almost always better, and as an earlier poster says, check out your local credit unions.

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mock the Tea Parties
Posted by: SeattlePackedSnowandCollidedCars on Apr 27, 2009 8:23 AM   
Current rating: 1    [1 = poor; 5 = excellent]
but protest the banks? OK i get it, only half go after the problem becuase our politicians are infallible.

Frank, Barney
Shummer, Chuck
Dodd, Chris

ring a bell?

ok I'll throw in retired Sen Graham however he is "retired"

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» RE: mock the Tea Parties Posted by: Bliss Doubt
I would switch banks BUT.......
Posted by: PurpleLove08 on Apr 27, 2009 8:37 AM   
Current rating: 1    [1 = poor; 5 = excellent]
Isn't it true that Ken Lewis was forced to take the bailout money or buy Merrill Lynch?
I wasn't listening to something on NPR and it generally made me feel somewhat bad for Ken Lewis. I know he isn't the most innocent guy in the world but he isn't the evil villain we make him out to be either.
Search npr.org for Ken Lewis and look at the April 26, 2009 story.

I like to travel and my local credit union isn't in every state I want to travel to.
I like that I get to "Keep the Change" on my purchases and I love my Hello Kitty debit card. The local credit union can't give me that. Plus their minimum to open an account is just ridiculous.

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» Minimum credit union deposit Posted by: Bliss Doubt
» Arm twisting? Posted by: freelyb
» RE: Leg breaking? Posted by: Longdream
» Yeah, ok. Posted by: freelyb
BA
Posted by: mnstra on Apr 27, 2009 9:23 AM   
Current rating: 5    [1 = poor; 5 = excellent]
The best protest you can do against the big banks is to remove your cash and deposit it into a credit union.Simple , but very effective. I will do the same.

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» Already did it. Posted by: freelyb
Thanks, AlterNet!
Posted by: Longdream on Apr 27, 2009 5:13 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
What a great function! I'll be keeping my eye on the 'protests worth supporting' list.

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Here we have it.
Posted by: freelyb on Apr 28, 2009 6:59 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
Though these are all worthy goals, such fragmentation completely undermines our ability to get anything done on any of these fronts.

Suggested priority:

Restructure the banks in a way that benefits the citizenry. If done with the proper regulations and foresight, this will go a long way towards altering the dynamics of campaign finance and trickle-down policies. If this happens, we may be able to address the other issues.

I honestly don't know how this will possibly take place, however. Though I personally am not too keen about laying down with prostitutes, Obama's made his bed and ours. I don't think we can do much except take care of our own the best we can.

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Why Isn't Obama Nationalizing Banking & Finance
Posted by: booboo on Apr 28, 2009 5:03 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
"The reason is that as capitism's CEO he's responsible for protecting, not destroying capitalism."

"Anything else?"

"Perpetuating the TINA* myth."

"How would nationalization undo capitalism and the TINA myth?"

"Banking & finance is the cornerstone of capitalism and one good example, that's all it'll take."

"And then what sort of world?"

"It'll be up to us."

*There Is No Alternative

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