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Little Guys vs. Corporate Giants: Protesters Closing Bank of America Accounts

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They're fed up, and they're taking their business elsewhere. This afternoon, as part of Midwest Rising, a weekend-long social justice symposium, more than a dozen people plan to close their accounts with Bank of America and move their money into local institutions.

"We want to hold the bank responsible for what they are not doing. We bailed them out, we gave them all this money, and then there are people with no place to go," says Veronica Wansley.

Wansley, a home care worker, is helping to organize Midwest Rising through her job as a field organizer for Missouri Home Care Union.

Midwest Rising organizers say Bank of America is a bad corporate citizen. They say the bank is executing improper foreclosures and not reinvesting in neighborhoods, as well as charging high fees.

The Charlotte, North Carolina bank is the nation's largest and took $45 billion in federal bailout money. It's been a huge player in the national foreclosure crisis. Early last year, BoA made news foreclosing on houses for which they didn't even own the mortgages.

"There are many examples of how Bank of America is working alongside individuals, businesses and nonprofits to manage through economic recovery and preserve neighborhoods," Bank of America spokeswoman Christina Beyer Toth writes in an email.

She points to programs meant to help repair consumer credit and outreach efforts to help homeowners who are in danger of defaulting on loans. She also mentions a "Home Transition Guide," which is sent to "delinquent customers who will need to transition from their homes." It outlines options like short sales to prevent foreclosure, and includes budgeting tools.

This is too little, too late, say Midwest Rising organizers.

"Enough is enough," says Jeff Ordower, a Midwest Rising organizer who is the director of Missourians Organizing for Reform and Empowerment. He says he's got fifteen confirmed people closing their accounts, and expects a few more by go time.

While a dozen-plus accounts being closed is unlikely to bring the giant bank to its knees, convergence organizers are hoping to send a message. They've put together a list of local banks and credit unions that they say are far better options.

The Bank of America pullout, which takes place at 4 p.m. today downtown at the 8th and Market location, kicks off a whole weekend of events and programming. Most of the events take place at the J.C. Penny Conference Center at University of Missouri-St. Louis.

About 400 people are coming from all over the country, Ordower says, and groups that work in labor, environmental justice, anti-racism and community organizing will be on hand. There will be workshops about civil disobedience, direct action and the economy, among others.

Check out the full schedule of events online.


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6 comments
Gary Chamberlain
Gary Chamberlain

Why not bail out the man who can't pay his morgage...you bail out the banks to the tune of hundereds of billions.

stopgovtbondage
stopgovtbondage

Midwest Rising - yes indeed, more clench fisted union mobs.....

Personally, I think B of A sucks - but union backed community organizing is waaaay to self serving for my tastes.....nothing grass roots about it - it is union muscle straight up.

CAMSHEEL
CAMSHEEL

Good Bank of America sucks big time they charge a check fee. So glad I closed my acct.

Lida S.
Lida S.

good luck with that (sarcasm)

Basti Auser
Basti Auser

YES , WE CAN...YES , WE CAN...WE WILL WIN IN WAR ON TERROR (30 whities or what are terrorists will never come back alive...thank you lord....aaamen).

What do you mean tragedy! It was just a birthday present for planet apes president !!! That's all ! Feels great to flip hamburgers and hip hop atop of good news...makes you feel vibrant and energized !!!

ARIZONA = UTOYA = GOVERNMENT‘S "AFTERLIFE" CASH & $$ FLASH MOB (there was no shooting in Utoya or Arizona, but tear gas and theater instead on faces of multiculturalism maniacs..your guilt or blame and shame weapon against us and our families in our own countries atop of forceful unemployment during so called "ECONOMIC CRISES" during which third world foreigners are allowed to rape, kill, and still is nothing else but fast way to early retirements for government related criminals/ terrorists...$$$ extra bonuses, and newly issued state identities while calling you a terrorists) !!! http://stateofterror.blogspot.... or http://stateofterror.wordpress...

OBAMA = STALIN = BUSH or USA = SOVIET UNION http://avsecbostjan.blogspot.c... or http://avsecbostjan.wordpress.... Whitie is fighting war on terrorism just to come home and be pronounced as terrorist...turned in Timothy, jobless, homeless ...YESSS, WE CAN...YESSS,  WE CAN...GABBY OPENED HER EYES (Obaminator’s psychotic speech in Tucson = failed “Apocalypse Now“)

WAKE-UP !!! WAKE UP PEOPLE BEFORE IT GETS ALL TO LATE ON PLANET  APES !!! TEARS WON'T DO YOU ANY GOOD !!! AS BUSH STATED "THAT'S WHAT THEY ARE PAID FOR"(to die ) !!

EVEN IF IRAQ WOULD  HAVE BEEN WAR FOR OIL ONLY,  VETERANS WOULDN'T NEVER EVER HAVE TO BE HOMELESS PEOPLE THE WAY THEY ARE AND NOR WOULD OUR PEOPLE HAVE TO DIE ALLOVER THE PLACE THE WAY THEY DO TO VERY TODAY(never ending “war on terror” story). BECAUSE EVEN IF WAR WAS FOR THE SAKE OF MONEY, MONEY SHOULD BE USED  FOR AMERICAN CITIZENS AND NOT WHAT THE CASE IS OR AGAINST WHITES(to destroy us allover the world) !!! You don't really proof for 911, just put  your sht together in your heads...THIS IS PLENTY ENOUGH TO HAVE O(B)SAMA  INDICTED FOR CRIMES COMMITTED AGAINST WHITE AMERICAN HUMANITY TOGETHER WITH HIS ZIONIST MASTERS) !!!

Don't worry O(s)bama, you have just saved USA what is lots of Dollars in  your DEBT DEALS as those best of America or Navy Seals would  also grew older and then you already know how it goes...DEAD & ILL = DEBT DEAL !!!

HOW MUCH FURTHER ARE WE WILLING TO GO IN ORDER TO PLEASE VERY SAME PEOPLE WHO DENY US EVEN THE RIGHT TO EXISTENCE(what is to you country without laws or lawless country in respect to your personal rights, but the one that in contrast to your denied basic human rights recognizes you extremely liable when payments are due) !!?

IS IT INDEPENDENCE THAT WE CELEBRATE OR DEPENDENCE (what are your credit card bills or alimony saying about it) !!? HOW IS YOUR DIABETES AND LOST MARRIAGES !!? FORECLOSURES AND  JOB SEARCH !!? THAT IS THE QUESTION TO BE OR NOT TO BE !!! IS IT LAND OF THE FREE OR STATE OF TERROR AGAINST OWN  POPULATION !!? IT IS TIME TO LET THEM KNOW WHAT COLOR ARE THE STRIPES ON OUR STAR SPANGLED BANNER !!! TIME TO DETERMINE WHOSE INDEPENDENCE/AMERICA, WE CELEBRATE TODAY(who wants to erase us and denies us the right to exist) !!! IT IS  IMPORTANT TO KNOW WHOM WE ADDRESS WITH "PRESIDENT" (STOP HUMILIATING YOURSELF) !!!

VOTING POLL:

DO WE NEED MORE PROOFS TO INDICT OBAMA AND BUSH ADMINISTRATION FOR CRIMES COMMITTED AGAINST WHITE HUMANITY !!?

1)NO, THEY ARE CLEARLY GUILTY AS OIL WAR NEVER EVER WAS REAL ISSUE IN GENOCIDE AGAINST WHITES. REAL ISSUE  ARE FACTS OR WHAT WE WITNESS TODAY WHEN VETERANS  ARE HOMELESS, JOBLESS, KILLED, ETC.

2)NO, AS 911 ALONE AS WELL AS ACTIONS IMPOSED AGAINST  WHITES IN USA (as well worldwide) ARE CLEARLY INDICATING ACTS OF GENOCIDE AGAINST WHITE HUMANITY

3)YESS AS JUST YESTERDAY(for over 15 years to very yesterday), WE (news/media = vacuum world of lies) WERE TELLING YOU THAT UNEMPLOYMENT WAS AT 10% WHILE TODAY ONE IS AT 50% (HOW COME NO ONE QUESTION JOURNALISM LIKE THIS OR  WHAT IS WORLD OF LIES AND DEMENTIA)!

4)I AGREE WITH FIRST TWO ANSWERS ABOVE.  IT IS TIME TO PRESS CRIMINAL CHARGES AGAINST BOTH ADMINISTRATIONS DUE TO ACTS OF GENOCIDE AGAINST WHITE HUMANITY FOR THE SAKE(SAFETY) OF US AND OUR CHILDREN(DO NOT TURN THEM IN WHITE REFUGEES ON PLANET APES OR WHAT YOU ARE ABOUT TO SEE WHEN VISITING ABOVE PAGES) !!! 

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