While there's almost nothing B of A does that is for the people, it sure as hell is paid for by the people. Now activists are pushing to break it up before it breaks down--again.
As outraged as Americans are about robo-signing (and they should be), the use of foreclosure mills doesn't even begin to scratch the surface of Bank of America's dastardly deeds.
Manissa McCleave Maharawal, Waging Nonviolence. March 8, 2012.
We are asking everyone to imagine what it would mean if through protests and media and education we could break up one of the largest financial institutions in the country.
Banks are claiming that the accounts closed in the last six weeks won't hurt them, but they're willing to go to all sorts of lengths to prevent customers from leaving.
Around the country, in groups and individually, Americans voted with their dollars this week to move away from the banks that caused the economic crisis.
The movement to make sure our money serves our own values rather than the bottom line of huge banks will only gain energy as small victories accumulate.
In addition to powering and pushing the work of groups fighting the bank fees, the #Occupy movement is also nourishing the work planned or envisioned by other groups.
Bank Transfer Day (Nov. 5) is just around the corner. Time to assert your economic citizenship and end the dysfunctional relationship with your blood-sucking bank.
If events turn critical again and we face a repeat risk of the seizing up of financial markets as in the fall of 2008, the president will need to make a fateful decision.
Schneiderman is the best and probably last hope for some kind of public retribution against the banksters, some righting of wrongs--rolling of heads--as far as the Great Recession.
The FHFA filed lawsuits last Friday alleging nearly $200 billion in fraud by the nation's biggest banks. Could this be the beginning of accountability for the banksters?
