One question is repeatedly asked of the Occupy movement: “What do you want?“
TODAY at 11 AM, Occupy Redwood City will explain to anyone who is willing to listen us what the 99% wants. We will meet at Courthouse Square in downtown Redwood City to take any members of the public who wish to join us on a walk from bank to bank in downtown, an educational “Tour of Shame” where we will vocalize the crimes and the sins of the Big Four banks: Bank of America, Chase Bank, Citibank, and Wells Fargo:
We will explain exactly what we want from these Banks, and we will urge the public to move their money out of these corporations and into the hands of credit unions and independent community banks until these vital demands are met:
But what is it that we of Occupy Redwood City want? What are these vital demands? What does the 99% deserve from these rich mega-corporations?
KEEP FAMILIES IN THEIR HOMES: The Big Four must establish a moratorium on all foreclosures until comprehensive reforms to loan modification practices are established, including principal reductions and affordable, fixed-rates, and providing proof of ownership of loans. They must cease illegal evictions of tenants in foreclosed properties and work with real estate managers that follow tenant protection laws.
STOP PREDATORY LENDING: Big banks must stop financing predatory payday lending firms and stop providing payday loans to their own customers.
REBUILD OUR NEIGHBORHOODS: It costs cities and counties about $34,000 for each foreclosed home, and they become a source of blight. Banks must maintain and pay fines on their blighted properties, thereby sharing in the cost to our communities, starting with cities and counties throughout California with foreclosure, blight, and building registration ordinances.
PAY UP, LIKE EVERYONE ELSE: The Big Four must stop exploiting tax loopholes in property tax laws and federal tax shelters and start paying their fair share of local, state and federal taxes.
RESPECT HUMAN RIGHTS: Big banks must stop investing in the GEOGroup, CCA, and other corporations that manage immigrant detention centers, profit from the incarceration of poor people and the separation of families, and lobby for stricter criminal sentences and cruel immigration policies.
Until the demands listed above are met, Occupy Redwood City says MOVE YOUR MONEY: