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MoveOn is coming to a Bank of America near YOU

By Josh Richman
Tuesday, May 8th, 2012 at 5:27 pm in Uncategorized.

Bay Area activists are joining their brethren across the nation tomorrow in protesting Bank of America sites while the bank – which they blame for cavalierly pursuing foreclosures and dodging taxes after taking a federal bailout – holds its annual shareholder meeting in North Carolina

In the East Bay, protests are scheduled for 9 a.m. at 2129 Shattuck Ave. in Berkeley; 11 a.m. at 241 Oak St. in Brentwood; 11:30 a.m. both at 300 Lakeside Drive in Oakland and at 110 Alamo Plaza in Alamo; and 4 p.m. both at 1200 A St. in Hayward and at 1330 N. Main St. in Walnut Creek.

On the Peninsula, protests are scheduled for noon at 2200 Broadway in Redwood City and 5:30 p.m. at the corner of El Camino Real and Third Avenue in San Mateo. And in the South Bay, a protest is scheduled for 1:15 p.m. at 971 Blossom Hill Road in San Jose.

“B of A’s shameless business practices are out of control,” said Dave Siegel, the Hayward protest’s host. “Their profits have soared while the economy continues to decline and the list of foreclosures grows. And to make matters worse, they’re managing to dodge paying their fair share of taxes. As representatives of the 99 percent, we aren’t going to take it anymore. We’re talking about people’s lives here.”

Activists at the Alamo event intend to present the bank with a notice foreclosing upon its right to use “America” in its name because it has put billions of dollars of profits offshore to avoid taxes, yet accepted federal bailout money.

“Unfortunately, it’s all legal,” said TriValley MoveOn Council Leader Karen Beck, “but unpatriotic. That is why we are asking B of A to change its name.”

Possible alternative names, she said, include “Bank of Off Shore Profits,” “Bank of Tax Dodgers” and “Bank of Bailouts.”

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  • Elwood

    “As representatives of the 99 percent”

    You don’t represent me, Jack!

    Never have.

    Never will.

  • RR, Senile Columnist

    Poverty-stricken Alamo and Walnut Creek will heed MoveOn’s cry of freedom! Storm the Bastille!

  • JohnW

    If their profits “have soared while the economy continues to decline,” it sure isn’t reflected in the price of the small quantity of stock that I bought in 2006 at six times the current value.

  • JAFO

    Thanks so much, Ms. Beck, for your oh-so-thoughtful name change suggestions for the Bank of America. I’m sure the Board will give your proposed alternatives careful consideration. I have a couple name change suggestions for MoveOn. How about MoveAlong, MoveOver or MoveOut?

  • Elwood

    Bank of America’s Moynihan tops list of worst performing CEOs