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On May 17, thousands of union members, community activists, and allies from across the country came together on a rainy Monday morning to send a message to Congress & the corporate lobbyists on K Street: Wall Street reform now! The protest was organized by National People’s Action, SEIU, the AFL-CIO, and Jobs with Justice. The crowd rallied in McPherson Square park before shutting down K Street and then marching to the Bank of America. Check out the video & photos from the action below. Can’t make it to the Showdown on K Street today? Check in here at 11:45am for LIVE STREAMING VIDEO from the action! We’ll be LIVE TWEETING the event (follow us). Look for video & photos later in the day. Don’t forget to call & email your Senators in favor of STRONG financial reform. We are closer than ever to winning meaningful reform of Wall Street. The work of Jobs with Justice members, activists, and allies is starting to add up to a national movement that is changing the debate in Washington, and our momentum is building. The Senate is close to finalizing a banking reform bill, and the big banks are trying desperately to weaken or kill banking reforms that might prevent another meltdown, even threatening to filibuster. Click here to take action and then CALL YOUR SENATORS at 1-888-854-1978 Today, Jobs with Justice and allies will join National People’s Action, SEIU, and the AFL-CIO for a ”Showdown on K Street” in Washington, DC, ground zero for Wall Street’s corporate lobbyists, as the Senate is voting on important amendments to the banking reform bill. An important amendment to SUPPORT is the Merkley-Levin amendment, which would prevent banks from gambling with government-insured deposits and reduce the kinds of conflicts of interest the Goldman Sachs was involved in. There are also several attempts to weaken regulation of derivatives and swaps, which were a central cause of the financial meltdown. Please CALL YOUR SENATORS at 1-888-854-1978 with the following message: It’s time to
Continue reading Support a STRONG Financial Reform Bill
Wall Street recklessness and corporate greed have destroyed our economy and hijacked our democracy. Corporate lobbyists representing the big banks paved the way to deregulate Wall Street, and now they’re standing in the way of reforms that would protect people and strengthen our economy. Wall Street has a DC address. K Street is where the corporate lobbyists have their offices and plot their schemes to buy and sell politicians like commodities on the stock exchange. Since last year and so far through 2010, big banks are spending about $1.4 million a day in lobbying and political expenses to fight reform. There are four Big Bank lobbyists for every member of Congress. Join Jobs with Justice, National People’s Action, the AFL-CIO, and SEIU on K Street May 17th Continue reading Showdown on K Street Monday, May 17th We are building a movement. Since January, Jobs with Justice has been working with labor and community partners to send a message to Congress: Rein in Wall Street. We need good jobs, now. The work of Jobs with Justice members, activists, and allies is starting to add up to a national movement that is changing the debate in Washington, and our momentum is building. Just last week, the Senate overcame a threatened Republican filibuster and brought us closer to meaningful reform of Wall Street. Senator Durbin, the #2 Democrat, spoke out in favor of an amendment to cut down the size of “too-big-to-fail” banks. We also learned that the Justice Department has launched a criminal investigation of Goldman Sachs. Over the last few months, Jobs with Justice activists and allies have been out on the streets time and time again to take our message to the banks and to Congress. Last week, JwJ was part of mobilizations challenging Wall Street and corporate greed in San Francisco, Kansas City, Denver, Chicago, and New York City. We must keep up the pressure to break Wall Street’s grip on Congress! Here’s how you can help: Continue reading Keep the Pressure on to Rein in Wall Street, Demand Good Jobs |
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