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WHEN:
Volunteers to help facilitate event meet at Terry Shrunk at 9:00am.
Rally at 9:30am
March at 10:00am
WHERE:
Terry Shrunk Plaza
WHAT:
This is a community outreach/public education focused action which consists of two parts: First, we march to some big bank locations to rally and hand out public outreach material exposing the crimes of big banks and describing their role in the collapsing economy. We then march over to a credit union (with whom we have been in contact and are happily opening on a Saturday to help with this event). Stations will be set up to help anyone interested in getting more information about credit unions and local banks, or opening an account, if they so choose.
We will meet at 9:30 to rally, then the march will be begin. Route (including bank and credit union locations) will be announced at the time of the rally.
This will be a PEACEFUL action, with the unified message to the banksters at the top. We will refrain from harassing the wage workers of the bank (bank tellers) who often barely make a liveable wage and may be in danger of being laid off themselves. (This doesn’t mean we don’t MAKE SOME NOISE!) During this demonstration, we will remember who our common enemy is.
WHY:
We want the banksters held accountable for their actions and put behind bars. We want their sentence to match their crimes. We want them to end their destructive practices immediately.
We invite anyone affected by bank corruption to share their stories. Your voice will be given a platform to be heard.
The big banks think they’re too big to fail. We will show them that we will change the system from the bottom up.
*THIS IS A GA APPROVED ACTION*
10 Reasons to hate Bank of America
What is this going to do…will you have people that have info(ie flyers )showing why you target this guy…you guys need to teach…..all i see is little scared kids that cant even keep there own life together yet you want me to follow you…lol..ya that will be the day..you are losers
Thank you for distinguishing between top bank execs and the folks at the bottom who are just trying to get by.
A better idea!
Instead of trying to annoy and disrupt eveyone else, why not spend your time learning EMPLOYABLE skills ….., or even take some time to look for a job?
most are having a way to good of a time at the party they have made for drunks and junkies…then to do any of this
I have 3 jobs and two science degrees. Thanks.
Sounds like those two science degrees are working out well, should have gon into business or banking!
Please strike vocabulary such as “enemy’ and “hate” from the rhetoric.
Better stated is “we will remember our common focus of “fighting back against the corrosive power of major banks and multi-national corporations over the democratic process”.
EVERY SINGLE ACTIVITY MUST BE CLEARLY AND RIGOROUSLY FOCUSED ON THE STATED MISSION>
Thanks for reminding people to leave the bank workers alone, as they are just trying to make a living and pay the bills.
Also, good work on setting up outreach at the credit union, now you’re getting somewhere.
“Chase has hired over 13,000 people in the US this year. They lend about $12 Billion to small businesses and is the #1 SBA lender in the country. Chase was the first bank to re-pay TARP (many say Chase didn’t need TARP but was forced to take it). The government made $1.7 billion in the TARP repayment from Chase. PS – Chase pays taxes in Oregon unlike the credit unions. Occupy Portland is an embarrassment to the city.”
SO THIS BEGS THE QUESTION OF EXACTLY WHAT DO THE BANKS NEED TO EXECUTE TO REDRESS THE DAMAGE DONE. A PUBLIC APOLOGY WOULD BE A POSITIVE START, COUPLED WITH A PROGRAM TO DEAL WITH REPAIRING THE DAMAGE. THE PROGRAM HAS TO INVOLVE EMPLOYMENT, EMPLOYEE BONUSES AND SHARED EQUITY AT EVERY LEVEL OF THE ORGANIZATION, A TEMPORARY REDUCTION IN ALL EXTRA FEES, A VOLUNTARY REDUCTION IN ALL SALARIES AT THE TOP, OH I DON’T KNOW, MAYBE 1%. ETC… I AM NOT A SCHOLAR AND THESE IDEAS NEED MORE DISCUSSION AND REFINEMENT…SOMETHING THE COLLEGE EDUCATED UNEMPLOYED OF OCCUPY PORTLAND WOULD BE GREAT AT ADDRESSING….ABOLISH THE ART COMMITTEE AND GET TO WORK ON THIS!
Bet all those smart PHD candidates at Reed and elsewhere would love to work on this.
“Moore’s denial (of being part of the 1%) is strange when you consider his net worth is easily over $50 million. His three biggest documentaries have raked in over $300 million at the box office. Moore cleared over $20 million off Fahrenheit 911 alone. Under his current distribution deal with Miramax, Moore is entitled to 27% of all his film’s revenues. He also receives generous 7 figure advances for his book deals. So how is he not part of the 1% which OWS defines as “anyone with an annual household income greater than $595,000.”
“Mr. Michael Moore denies being worth about 50 million, is he afraid…and does he want to “pass”. Remind you of anything?
#1 Yoko Ono Net Worth – $500 million, Russel Simmons – $325 million,Roseanne Barr – $80 million, Deepak Chopra – $80 million, Kanye West – $70 milliion, Alec Baldwin – $65 million, Susan Sarandon – $50 million, Tim Robbins – $50 million and Nancy Pelosi – $35.5 million.”
GA Assembly notes indicate a discussion regarding celebrity endorsements. NOT a good idea due to the obvious contradictions as evidenced above. A polite thanks, no thanks will suffice.
Please post as people need to be informed regarding Mr. Moore and other celeb endorsers.
Thanks
1525, Nov. 3
You Occupiers who protested Jamie Dimon the CEO of JP Morgan Chase once again reveal your total ignorance of what transpired during the economic meltdown. Allow me to educate you:
1. JP Morgan didn’t want or need TARP funds. Treasury Secretary Hank Paulson basically forced JP Morgan to accept TARP funds because he didn’t want to stigmatize those banks that DID need the money. See the following link that will take you to a talking points memo of Hank Paulson that was acquired through the FOIA which clearly states that banks who chose not to accept the funds would be forced to: http://www.businessinsider.com/uncovered-tarp-docs-reveal-how-paulson-forced-banks-to-take-the-cash-2009-5
2. JP Morgan almost immediately re-paid the TARP funds with interest. They were issued $25 billion in TARP funds on October 28, 2008. They repaid the TARP funds in full on June 17, 2009 (they had to get approval from the government to repay this or they would have done so sooner). Along with the repayment of principal, the government also received $795 million in preferred stock dividends, which is about 3.2%, not bad for the government for only having the money outstanding for about 7 months, that would annualize into a return of roughly 5.125%.
3. JP Morgan NEVER got into financial trouble during the financial distress that began in 2007. From 2005 on it has had positive earnings per share.
So, why the hell are you people protesting Dimon or JP Morgan? Just because Dimon is a high paid banking executive? What has he done wrong? His bank has been professionally and prudently run – causing no harm to you or society. Your protesting of Dimon and JP Morgan is totally misguided and reflects your profound ignorance and myopic class / corporate warfare.
Great info, thanks Eric. Hope they are listening….but may spending too much time on their own narrow and narcissistic agenda. Right on regarding the focus on class and corporate warfare.
“Chase has hired over 13,000 people in the US this year. They lend about $12 Billion to small businesses and is the #1 SBA lender in the country. Chase was the first bank to re-pay TARP (many say Chase didn’t need TARP but was forced to take it). The government made $1.7 billion in the TARP repayment from Chase. PS – Chase pays taxes in Oregon unlike the credit unions. Occupy Portland is an embarrassment to the city.”
SO THIS BEGS THE QUESTION OF EXACTLY WHAT DO THE BANKS NEED TO EXECUTE TO REDRESS THE DAMAGE DONE. A PUBLIC APOLOGY WOULD BE A POSITIVE START, COUPLED WITH A PROGRAM TO DEAL WITH REPAIRING THE DAMAGE. THE PROGRAM HAS TO INVOLVE EMPLOYMENT, EMPLOYEE BONUSES AND SHARED EQUITY AT EVERY LEVEL OF THE ORGANIZATION, A TEMPORARY REDUCTION IN ALL EXTRA FEES, A VOLUNTARY REDUCTION IN ALL SALARIES AT THE TOP, OH I DON’T KNOW, MAYBE 1%. ETC… I AM NOT A SCHOLAR AND THESE IDEAS NEED MORE DISCUSSION AND REFINEMENT…SOMETHING THE COLLEGE EDUCATED UNEMPLOYED OF OCCUPY PORTLAND WOULD BE GREAT AT ADDRESSING….ABOLISH THE ART COMMITTEE AND GET TO WORK ON THIS!
Bet all those smart PHD candidates at Reed and elsewhere would love to work on this.
[...] donations) for Outside In. Thank you. Coincidentally, Occupy Portland also announced plans for Bank Transfer Day. Money talks. Lets see who walks. [...]
Interesting…
More consumers flocked to credit unions last month than in all of 2010 combined, likely in part due to the controversy surrounding debit card fees.
At least 650,000 customers opened new accounts at credit unions since September 29, the day Bank of America announced it would charge customers a $5 per month fee to use their debit card for purchases starting in 2012, the Credit Union National Association estimates. If that number holds true, it would be more than the 600,000 consumers that joined credit unions in all of 2010.
For those that still don’t understand why we protest the “too big to fail” banks ….watch the movie “INSIDE JOB.”
http://www.youtube.com/watch?v=FzrBurlJUNk
Yes, and if you really understand the movie “Inside Job” you would understand that this was not the “Big Banks” doing this -Deregulation was all caused by our Government. Research- Alan Greenspan, Larry Summers, and Timothy Geithner. Once you figure it out you will understand you are going the wrong path and should be going after our Government.
Closing your account is exactly what they want. Banks have too many deposits and not enough loans right now and this is probably just a cleverly constructed ploy to send all the loss-leading customers over to the credit unions, which will hurt them in the long run. If you want to help local banks, take out a car loan or mortgage tomorrow.
You right wing fanatics need to study your own “evidence”. The nasty horrible agreement the banks signed says, among other things:
• Expand the flow of credit to US consumers and businesses on competitive terms to promote the sustained growth and vitality of the US economy.
• Continue to work diligently, under existing programs, to modify the terms of residential mortgages as appropriate to strengthen the health of the US housing market.
Chase did neither, instead RAISING fees, stealing people’s homes, and then paying themselves record bonuses. I am still awaiting a rosy story from you guys about someone whose mortgage was timely and effectively modified. Got any?
Pretty underwhelming event for something that’s been in the press for weeks