L.A. TO DISRUPT “BUSINESS AS USUAL” FOR WALL STREET BANKS

L.A.-AREA HOMEOWNERS, STUDENTS, RESIDENTS SET FOR WEEK OF DIRECT ACTIONS AND PROTESTS

Following the historic decision of California Attorney General Kamala Harris to reject a settlement with banks over the foreclosure mess, and with protests against Wall Street growing in cities from coast to coast, Los Angeles homeowners, local residents and others are planning a series of activities this week to pressure big banks to keep families in their homes, pay their fair share of taxes and help rebuild hard-hit neighborhoods.

As part of the Refund California campaign, a statewide coalition of homeowners, community members, faith leaders and students this week will hold a “teach-in” at a downtown LA bank, visit the homes of two top bank executives in Bel-Air, move foreclosed families into banks and hold a major march and protest in downtown L.A. on Thursday. Click READ MORE for full details of actions.


The goals of the campaign are to:

  1. Fix Housing to Fix the Economy Enact a widespread mortgage principal reduction program, creating 300,000 California jobs and injecting over $20 billion into the economy.
  2. Pay Fair Share  Close corporate property tax loopholes, increase taxes on top 1%, stop ripping off taxpayers with financial schemes like interest rate swaps
  3. Stop Destroying Neighborhoods  Stop foreclosure blight, support small business lending and create jobs.  Reinvest profits into putting people back to work and rebuilding our economy.

The campaign also is supporting the efforts of La Puente homeowner Rose Gudiel, who is fighting an eviction by banks by refusing to leave her home. The Gudiel family, together with friends and supporters, are camped out at the house, ready to resist efforts by the LA County Sheriff’s Department to carry out the eviction. 

LIST OF EVENTS -- OCTOBER 3 – 7: 

Mon Oct 3: Teach the Banks A Lesson!

“Teach-in” at downtown bank on big banks’ role in school budget crisis.

4:30pm, Miguel Contreras School, 322 S. Lucas Ave., LA 90017

Tues Oct 4: House Swap with Bank Exec!

Wall Street executives are destroying our neighborhoods. We’ll be visiting the home of a prominent Wall Street executive.

4:30pm, Holmby Park, 601 Club View Dr., LA 90024

Wed Oct 5: Taking it to their Doorstep!

Wall Street executives are destroying our neighborhoods. We’ll be visiting the home of a prominent Wall Street executive

5pm, Meet at Big Lots parking lot, 1401 Huntington Drive, South Pasadena 91030

Thurs Oct 6: Make Banks Pay Mobilization!

We will be marching through the street and to the offices of a major bank and demanding that “Wall Street Banks Pay”

12pm, California Plaza, 350 S. Grand Ave., LA 90071

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@AnitasTeaParty mentioned @ link to this page. 2011-10-03 18:20:36 -0700
#LA TO DISRUPT “BUSINESS AS USUAL” 4 WALL STREET BANKS #MakeBanksPay #OccupyWallSt #p2 #1u #wiunion http://t.co/pZiUkUCK via @hdl22
published this page in Blog 2011-10-03 11:18:00 -0700

ABOUT US: ReFUND California is a coalition of organizations throughout California committed to exposing the unfairness of the state’s current economic reality and engaging in public campaigns to force the changes that are necessary.

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