Last Monday, Charlotte, North Carolina's city manager declared Bank of America's annual shareholder meeting taking place this Wednesday an "extraordinary event."
The extraordinary event tag refers to a city ordinance enacted in January in anticipation of the Democratic National Convention, to be held in Charlotte in...
(0) Comments | Posted February 15, 2012 | 4:15 PM
Every day, the American Dream seems a little farther away.
More of our grandparents are being thrown from their homes. Our mothers and fathers can't retire because their pension funds tanked. Our brothers and sisters are burdened by student loan debt. For our children, budget cuts have resulted in...
(315) Comments | Posted January 22, 2012 | 11:19 AM
Rumor has it that on Monday, after months of negotiation with big banks, the White House may announce a settlement that would let the banks off the hook for their role in the foreclosure crisis -- paying a tiny fraction of what's needed in exchange for blanket immunity from future...
(18) Comments | Posted December 8, 2011 | 11:46 AM
Today, Senate Republicans blocked a vote to confirm Richard Cordray as head of the Consumer Financial Protection Bureau. This signals a victory for big banks, the 1%, and corporate money in our political system. Cordray's confirmation would have been a threat to business as usual for the big banks because...
(32) Comments | Posted December 7, 2011 | 2:36 PM
On Sunday, November 27th the New York Times ran an editorial, "Romney on Foreclosures," critiquing Mitt Romney's strategy to address the foreclosure crisis. The piece is right on target. Romney's plan, which is to essentially do nothing and let struggling homeowners across the board lose their homes, would...
(3) Comments | Posted October 11, 2011 | 12:44 PM
There's been much discussion about how Occupy Wall Street is a leaderless movement. The incredibly organic, democratic nature of what is emerging is exactly what makes it powerful and inspiring, as well as challenging for the 1 percent to directly attack or extinguish.
Every movement worth its...
(1) Comments | Posted May 13, 2011 | 4:32 PM
(2) Comments | Posted December 15, 2010 | 8:09 AM
Imagine your foreclosure problems began the month after you paid off your mortgage. That despite multiple calls and visits to branches of JP Morgan Chase, you couldn't get the bank to acknowledge they had already received all the money you owed them. You called the bank month after month, multiple...
(4) Comments | Posted December 14, 2010 | 10:51 AM
Mike McCarthy, Keya Alvarez, and Ken Kelly. Not exactly household names, but they are among the homeowners from 13 states who traveled to Des Moines today to meet with Iowa Attorney General Tom Miller. Miller is leading the 50-state investigation into the big bank foreclosure scandal. At stake in the...
(3) Comments | Posted October 14, 2010 | 4:33 PM
A generation ago, as children, many of us proudly took our roll of quarters to the neighborhood bank, and opened our first savings account, because we trusted the bank. We believed it was the safest and most reliable place for our money. Fast-forward to today and we can't be sure...
(3) Comments | Posted July 19, 2010 | 12:17 PM
To rebuild the economy and bring hope back to tens of millions of Americans we need the big banks to do their part to fix what they broke. This is the focus of Round Two in our fight to keep the banks honest.
The starting bell for round 2...
(25) Comments | Posted May 20, 2010 | 2:06 PM
(1) Comments | Posted May 17, 2010 | 5:51 PM
Today, thousands of everyday people came to Washington DC for a Shutdown of K Street. The message was simple: Reclaim our democracy and hold Wall Street accountable.

(1) Comments | Posted May 11, 2010 | 2:29 PM
Big bank CEOs make their most lucrative moves not from their offices on Wall Street but from their DC addresses on K Street and Capitol Hill.
A new report by Campaign for America's Future and the Public Accountability Initiative, shows things are...
(14) Comments | Posted April 29, 2010 | 10:11 AM
If you ever doubted that we are all in this together, the financial crisis surely dashed all denial on this front.
Everyone has been impacted by the reckless greed and abuse of the big banks. Whether it be the ongoing tidal wave of foreclosures, cresting unemployment, bank-owned properties littering...
(1) Comments | Posted April 27, 2010 | 2:49 PM
So, a Showdown in the Senate is officially on. The question is, who's winning? Yesterday Republicans succeeded in blocking a vote to begin debate on a Wall Street reform bill. Democrats lost a vote, but may have won in doing so. Meanwhile the American people are still facing a tidal...
(1) Comments | Posted March 15, 2010 | 6:59 PM
If you ever needed convincing that we need a strong, independent consumer protection agency, the continuing foreclosure crisis should provide all the evidence you need.
Today, National People's Action, in conjunction with our Chicago affiliates Lakeview Action Coalition and the South Austin Coalition Community Council,...
(0) Comments | Posted January 25, 2010 | 7:51 AM
If you ever doubted that we are all in this together, the subprime foreclosure crisis surely dashed all denial on this front. Whether homeowner, renter, worker, retiree, family farmer, or small business owner -- everyday people nationwide have been negatively impacted by a housing crisis that drove us all into...
(1) Comments | Posted December 10, 2009 | 2:17 PM
On Friday, December 11, the House is likely to vote on a long-overdue financial reform package. Among other things, the bill would create a consumer protection agency, charged with making sure financial products that enter the market are safe for people and the economy. As we've seen over the last...
(0) Comments | Posted November 16, 2009 | 8:48 AM
At 11 am today, fifty Americans from 10 states will gather outside the Department of Treasury to demand that Secretary Geithner summon the same determination he demonstrated in propping up failing banks to help everyday Americans save their homes from foreclosure.
While there is much debate in Washington about...

(0) Comments | Posted May 7, 2012 | 10:09 AM