Tags JPMorgan Chase
Tag: JPMorgan Chase
Protesters blocked three gates of the Kinder Morgan Richmond Terminal this morning, securing themselves to oil barrels and a 12-foot-long mock oil pipeline that reads “No Consent. No Pipeline.” The local activists are demanding that the company halt its new Trans Mountain pipeline in Canada. The controversial project would triple the capacity of an existing pipeline from Edmonton, Calgary, to Burnaby, British Columbia, to 890,000 barrels per day.
Detroit activists concerned about the massive water shutoffs across the economically devastated city blocked entrances into the yard of Homrich, a firm given a nearly $6 million contract to terminate services for hundreds of thousands of people. The firm was hired by emergency manager Kevyn Orr, who was appointed by right-wing Gov. Rick Snyder, who forced the city into the largest municipal bankruptcy in United States history a year ago.
The Alliance of Californians for Community Empowerment (ACCE) is at the forefront of the resistance to the foreclosures and illegal taking of homes by the banks. ACCE, the Center for Popular Democracy and the Home Defenders League released a report March 12 entitled “California in Crisis: How Wells Fargo’s Foreclosure Pipeline is Damaging Local Communities.”
Standing in front of a JPMorgan Chase bank branch on Tuesday afternoon, San Francisco Supervisor John Avalos announced he was launching an investigation into San Francisco’s potential losses from the LIBOR interest rate fraud scandal and to explore options to recoup that money as other cities and counties have recently done.
The original owner of the home is sitting in the catbird seat and doesn’t know it. Millions of people who THINK they have lost their homes still own them. If we the people pick up the tab for more Wall Street bankruptcies, we should insist on owning the banks.