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Thursday, December 6, 2012

Protesters to Occupy Wells Fargo Bank Today

Posted By on Thu, Dec 6, 2012 at 11:00 AM

click to enlarge Don't you just love birthdays?
  • Don't you just love birthdays?

Today marks the one-year anniversary of the group Occupy Our Homes, an arm of the national Occupy Movement. And how else would you expect members to celebrate the group's birthday than a big, festive, tent-pitching occupation?

At 11 a.m. sharp, protesters will march on down to the Wells Fargo bank on Evan Street and Galvez Avenue, demanding the same thing they've been asking for over the last year: bank accountability and a real solution to the housing crisis.

In San Francisco, homeowners facing foreclosure from Wells Fargo will happily lead the march into the bank; disgruntled homeowners in Oakland and Los Angeles will be occupying their own local banks as part of this statewide celebration.

On Dec. 6, 2011, the national Occupy Our Homes movement was launched when struggling homeowners reoccupied their homes, with the support of Occupy activists and community groups. Thanks to this aggressive movement, many of these homeowners are still in their homes today. All of this has helped pave the way for a stronger multi-state settlement with the five largest banks, which was signed in February, promising $26 billion in relief for struggling homeowners (that's you). In July, with the strongest anti-foreclosure legislation in the country, the California Homeowner Bill of Rights was signed.

But today, these folks are reminding Wells Fargo that they're still here -- and not moving out of their homes anytime soon; they want to spend this anniversary telling the banks that they're a community killer and that they should institute policies that put homeowners before foreclosures.

In addition, they'll be calling on President Obama to get America's least favorite duo, Fannie Mae and Freddie Mac, to institute real principal-reduction programs, and boot Ed DeMarco from his post as chief of the Federal Housing Finance Agency.

C'mon, they're not asking for much.

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About The Author

Erin Sherbert

Erin Sherbert

Erin Sherbert was the Online News Editor for SF Weekly from 2010 to 2015. She's a Texas native and has a closet full of cowboy boots to prove it.


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