-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf Of 
Institute for Public Accuracy
Sent: Thursday, September 29, 2011 1:14 PM
To: Institute for Public Accuracy
Subject: Wall Street Protests Spread

Institute for Public Accuracy
980 National Press Building, Washington, D.C. 20045
(202) 347-0020 * http://www.accuracy.org * [email protected]
___________________________________________________

      Thursday, September 29, 2011

      Wall Street Protests Spread

The Occupy Wall Street protests are spreading to other cities, see: 
http://OccupyTogether.org with live streaming at: 
http://www.livestream.com/globalrevolution .

ARUN GUPTA, [email protected], http://www.indypendent.org
    A founding editor of the New York City based Indypendent, Gupta just wrote 
the piece "The Revolution Begins at Home: An Open Letter to Join the Wall 
Street Occupation." http://www.commondreams.org/view/2011/09/28-6

NOMI PRINS, [in NYC] via Celeste Balducci, [email protected], 
[email protected], http://www.nomiprins.com
    Prins, a former investment banker turned journalist, is author of the book 
"It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from 
Washington to Wall Street" and the just-released "Black Tuesday." Prins said 
today: "Unbridled bank speculation, fraudulent inflation of home and security 
values, corruption, government subsidization, and lack of accountability tanked 
the economy and inflated the wealth gap leaving the citizenry of the world 
financially devastated in its wake. Never before have the governments of the 
world united so cohesively to back Wall Street practices and bets.
    "Business as usual on Wall Street is not an option. Business as usual on 
Wall Street has decimated our country and planet. Banks must be brought to 
account. The wealth gap cannot continue to grow so Wall Street can keep sucking 
the financial blood from individuals as governments enable the extraction:
    "No more federal stimulation for banks at the expense of citizens.
    "No more bank lobbyists buying the politicians we voted for.
    "No more government subsidies to make big banks bigger.
    "No more dumping their risk and losses on the global population while banks 
accumulate profits.
    "No more zero percent money from the Fed to banks that don't help borrowers 
restructure mortgages to avoid foreclosure.
    "No more secret loans to banks when they face 'emergencies' while 
individuals get hosed and go bankrupt.
    "No more mega-banks -- break them up a la Glass-Steagall. Let failed ones 
burn in the financial ashes of their own risk.
    "No more kid-gloves on prosecutions and BS little fines -- prosecute banks 
and bank leaders to the fullest extent of the law for securities fraud and 
grand larceny.
    "No more job cuts because banks won't lend to small businesses.
    "No more banks parking $1.6 trillion of excess reserves at the Fed doing 
nothing productive for the economy.
    "No more business as usual on Wall Street."

RACHEL LaFOREST, [email protected], also via Brandon German, 
[email protected]
    LaForest, executive director of the Right to the City Alliance, which is 
holding its national convention in Boston and leading a protest there on 
Friday. The group states: "Over 1,000 people are expected to take to the 
streets Friday for a march on Bank of America (NYSE:BAC) to rally against Wall 
Street greed, predatory lending, and skyrocketing foreclosures in urban 
communities. The march will be led by Boston residents who are facing 
foreclosure, and will culminate in a confrontational nonviolent sit-in by over 
40 people at Bank of America’s Massachusetts headquarters." 

    LaForest said today: “Across the country, we are seeing the same story: The 
mortgage bubble created by Wall Street pushed predatory lending on urban 
communities, and since the bubble burst the fallout has been catastrophic. 
Unemployment and foreclosure have hit communities of color first and worst. But 
it is urban communities who are at the forefront of the movement to fight back. 
We are gathering here in Boston to strategize and develop real economic 
solutions for 21st century cities.” For more on the Boston actions, see: 
http://www.takebackboston.org 

CLAIRE HAAS, [email protected], via Oriana Saportas, [email protected], 
http://www.makebankspaycalifornia.com
MARGOT FRIEDMAN, (202) 332-5550, [email protected], 
http://www.newbottomline.com
    The Boston protest is part of a ten-city campaign -- including Los Angeles, 
Chicago, San Francisco, Minneapolis, Denver -- aligned with The New Bottom 
Line, a "nationwide coalition of 1,000 faith-based and community organizations 
that seeks to hold Wall Street accountable.” Haas is with the Alliance of 
Californians for Community Empowerment, which is having a protest in the San 
Francisco financial district today and next week. 

    Friedman is the media contact for The New Bottom Line, see: 
http://www.newbottomline.com/press_room . 

Protests are slated to begin in Washington, D.C. next week: 
http://October2011.org

For more information, contact at the Institute for Public Accuracy:
Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167
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