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“The American People vs. Wall Street Banks” – Join KRCC for Showdown in Chicago

By October 22, 2009 No Comments

After taking $17.8 trillion in taxpayer bailouts and backstops, the American Bankers Association and the six largest banks have spent nearly $35 million fighting Congressional action on financial reform. Meanwhile, ordinary Americans continue to face rising foreclosures, record unemployment, skyrocketing bank and credit card fees, and vanishing pensions and 401(k)s.

In response to this injustice, thousands of Americans from 20 cities will converge on the ABA conference in Chicago from October 25 to 27 to demand banks stop spending millions in taxpayer dollars to lobby against reforms that would protect Americans from the next economic crisis.

Join Chicago’s Korean American Resource and Cultural Center in the largest mobilization since the economic crisis began, and demand that banks end their overreliance on greed and profits and commit to using their taxpayer bailouts and backstops to help America’s economy recover.

Date: Tuesday, October 27
What: Taxpayer march on American Bankers Association conference to demand banks stop lobbying against needed financial reform
March begins at 10:30 AM CDT at Intersection of Wacker and Stetson.
Rally at 11:00 AM CDT at the Sheraton Hotel, 301 E. North Water St.

If you cannot attend Tuesday’s events, please consider going to these mobilizations on October 25 and 26:

Sunday, October 25
What: National Taxpayer Mobilization to Break Bank Greed
Time: 4:15 PM CDT
Location: Hyatt Regency Chicago, 151 East Wacker Drive

Monday, October 26
What: Demonstrations around American Bankers Association conference highlighting continued bank greed at the expense of America’s economy
Time and Location: TBA

Please contact Becky Belcore, becky@chicagokrcc.org or 773.588.9158 for more information or visit www.ShowdownInChicago.org.