Thursday, October 7, 2010

No Foreclosure protest at Wells Fargo in Oakland California

I went down to a  small protest today that I heard about that ended up inside a Wells Fargo bank in Oakland California. At the peak there were about 60 or so noisily protesting inside the bank.  The protest was organized jointly by SEIU Local 1021 and ACCE which as far as I can figure out is a reconstructed ACORN of California, certainly some of the same people are in it.  SEIU Local 1021 is the Local whose members that work for the city of San Francisco voted down a concessionary contract in May 2009 only to have it shoved down their throats by their leadership who claimed their members were "confused" according to reports in the press.

The protesters included community members and supporters  including some who were facing foreclosure as well as members of OEA, the Oakland teachers Union and city workers.

It was a spirited protest and certainly surprised the bank personnel and the customers who were overwhelmingly supportive.  What this coalition is demanding is that the Wells Fargo, Bank of America, Chase and all California banks "suspend all foreclosures in California until they can prove they are following all the relevant laws."  This leaves a lot to be desired as we should demand an end to all foreclosures regardless.  All foreclosures should be illegal and housing should not be something that bankers and investors profit from and deny us whenever it suits them.

Still, it was worth going along to support the homeowners and I shot a little video that folks might find interesting. I'm no expert at this and can't edit too well but it'll give you some idea of how it went.

3 comments:

Emily Richards said...

Thanks for sharing this. It gives me strength to see speaking up against Wells Fargo. They are unlawfully foreclosing on my home too. It is sickening.

Anonymous said...

Richard I thought you did a wonderful job. Thanks for letting us see this. This is going on all over the country, things being shoved down people's throats.

MaggieP said...

There are so many people that are in foreclosure but people are ashamed of it or just feel like its their fault as that's what we are told all the time, people who made the wrong decisions are the cause of it all.

Everyday I meet someone who is either in foreclosure or who has been through it.