Bail Out People, Not Banks: Protesters Picket Bank of America Downtown Corporate Building

by ((i)) via IAC press release Tuesday, Apr. 07, 2009 at 8:16 AM

LOS ANGELES, April 3, 2009 – Demonstrators staged a protest outside Bank of America’s downtown office building on Friday calling for an end to bank bailouts and foreclosures and evictions.

Bail Out People, Not...
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A picket line of dozens of protesters rallied around a large tent set up to dramatize the epidemic of "Hoovervilles" or tent cities in California due to the housing and job crisis. "The government has to do something about all of the people facing foreclosure and forced out into the streets," said Martha Rojas, member of the Labor/Community Coalition that co-sponsored the event. Rosie Martinez, executive board member of SEIU Local 721, said: "We're here fighting against foreclosures and for jobs and that's why we need the Employee Free Choice Act which helps people get the benefits and protections of a union." The Employee Free Choice Act was also one of the demands at demonstrations across the country sponsored by the Bail Out the People Movement.

Demonstrators promised to be back and hold more protests with creative strategies in getting the message out. "This crisis is occurring because this system of capitalism is broken and you can't fix the housing crisis and 11 to 20 percent unemployment in California by handing over 10 trillion dollars to the banks which exacerbated this crisis. You do, however, make change by handing that money over to working and poor people who can make decisions on fiscal spending based on people's real needs, not profit. We will be bringing back the strategies of activists and communities in the 1930's depression and there will be no business as usual - On To May 1st," said John Parker from the Bail Out the People Movement.