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Iwillnevergiveup

(9,298 posts)
Wed Apr 17, 2013, 01:47 AM Apr 2013

This Week in Poverty: Banks Got Nowhere to Run, Baby

http://www.thenation.com/blog/173795/week-poverty-banks-got-nowhere-run-baby?rel=emailNation#

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"Last year, US Bank held its annual shareholders meeting in Minneapolis, Minnesota, home of its corporate headquarters. The event was dominated by shareholders and proxies who are members of Minnesotans for a Fair Economy, an alliance of community, faith and labor organizations working for a more equitable economy.

“Our members asked CEO Richard Davis direct questions about issues like principal reductions and foreclosures, and payday lending,” said Eric Fought, communications director of the organization. “We were really effective in holding them accountable, so this year they looked for another solution—to hide from us.”

On Tuesday, April 16, US Bank officers will jet from their hometown to hold this year’s meeting in Boise, Idaho. If the bankers are hoping for a better reception in this reddest of states, or that activists will take a pass on the long distance travel required to get there, then Martha and the Vandellas have a word of advice: Got nowhere to run to, baby. Nowhere to hide.

More than 100 members of the Idaho Community Action Network (ICAN)—who are mostly rural, working poor and seniors—will travel to take direct, non-violent action both inside and outside of the meeting. More than half of these individuals will be driving 3 to 7 hours to reach the venue. Their allies from Minnesotans for a Fair Economy will be there to greet them, along with workers from SEIU Local 503—the largest union in Oregon with 54,000 members."

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This Week in Poverty: Banks Got Nowhere to Run, Baby (Original Post) Iwillnevergiveup Apr 2013 OP
Cowardice by the bank Iwillnevergiveup Apr 2013 #1
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