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(OWS) Christian group divests millions in big banks in solidarity with protesters.

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moobu2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 02:20 PM
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(OWS) Christian group divests millions in big banks in solidarity with protesters.
A couple of days old but.

As Occupy Wall Street protests continue, a San Jose grassroots group takes different route
Organizers of Wednesday's anti-Wall Street protest in San Francisco got what they wanted after surrounding the Wells Fargo Bank corporate headquarters and blocking its entrances: 11 demonstrators arrested and plenty of headlines.
In New York, police arrested four people outside JP Morgan Chase offices, where protesters called in vain for a meeting with Chairman and CEO Jamie Dimon.
But on the same day in San Jose, a different kind of protest was getting real -- and permanent -- results.

The Occupy Wall Street movement that began almost four weeks ago in Manhattan has spilled across the country, with outposts growing daily around the Bay Area to fight corporate greed and rampant unemployment.
At the heart of their argument are the banks that helped create the nation's economic crisis -- in particular banks that received federal bailouts while foreclosing on homeowners, many of whom had lost their jobs. Some of those same banks have recently announced plans to charge monthly fees for debit card users.

It's why demonstrators in Berkeley and Walnut Creek on Wednesday targeted a Wells Fargo or a Bank of America during separate protests. While the San Francisco protest was not officially part of Occupy San Francisco, the group surfaced to show its solidarity and disdain of the bank's role in the economy's troubles.

http://www.mercurynews.com/bay-area-news/ci_19100787?IADID=Search-www.mercurynews.com-www.mercurynews.com">mercurynews.com

http://www.pactsj.org/">Link to the group's website

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eleny Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 02:26 PM
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1. This is the kind of thing the banks understand
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 02:28 PM
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2. Well, that's good.
Of course it does underscore the kind of resources the RC Church has at its disposal, but I am glad that one parish is not banking with fascists anymore. Let's see how many of the thousands of other American parishes follow suit. Presumably, most of them use small banks anyway because they are not as big as this one. So, really, let's see how many metropolitan parishes follow suit. All of them I hope, and the Protestants too. I already keep my dozens of dollars in a local bank.
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