- Jul 20, 2011
- Reaction score
- Don't harsh my zen, Jen!
It's positively karmic.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.
As Max Bell Alter, 31, who was arrested outside the Wells Fargo headquarters in San Francisco, put it: The more people who join the movement, the more "banks will have to be accountable."
In San Jose on Wednesday, unhappy customers were striking back at bank bottom lines.
Standing near the altar of the Most Holy Trinity Catholic Church, Father Eduardo Samaniego announced that the East Side parish is moving its $3 million account with Bank of America, where the church has done business for at least 20 years, to a community credit union.