DANCING NEBULA

DANCING NEBULA
When the gods dance...

Saturday, January 7, 2012

Activists storm Wells Fargo to protest foreclosure

Thank the gods some of the movement is evolving beyond fighting for camping ground. The American public has a short memory and attention span. There are many foreclosure actions here and elsewhere, but they receive as much attention as last year's Assembly hand signals. Those involved in these home-saving actions must provide backstories, use media, livestreaming and the like -- coordinate efforts so that the people have some sense of the magnitude and importance of these actions and, importantly, how many are in process. I get the feel, and this is subjective, that many Occupy groups would rather be shutting things down than building community trust and support with compassionate action. Too much emphasis on the experience of Power me thinks.

Compassionate action like this will build strong community support. Home-saving actions have a tangible effect on people and neighborhoods. Mass demos are more abstract and have no immediate impact on individuals in crisis.  ~HK~

Activists storm Wells Fargo to protest foreclosure

Friday, January 06, 2012
Activists storm Wells Fargo to protest foreclosure

Activists rushed into a Wells Fargo bank in Antioch Friday afternoon in a brazen attempt to stop a foreclosure.

The group took over the bank for 15 minutes while a resident facing foreclosure read a letter out loud demanding a loan modification. The demonstrators left after employees faxed the letter to bank executives.

"You have to do something drastic for the banks to react. We tried the modifications at least three times, if not more, and we weren't getting any results that way," foreclosure victim Jaime Cader said.

In a statement to ABC7, Wells Fargo said less than two percent of its homeowner loans have ended in foreclosure.

A similar demonstration at a nearby Bank of America ended when bank representatives sat down with another family facing foreclosure to look over their loan.

(Copyright ©2012 KGO-TV/DT. All Rights Reserved.)

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