SAVE THE DATES!
Foreclosures and joblessness are at record highs while Wall Street is back in business with record profits.
Most of America’s largest banks paid no taxes last year, and yet politicians backed by Wall Street are proposing to cut education and critical social programs. We are not in a budget crisis -- we are in a massive revenue crisis caused by Wall Street’s epic crash of our economy.
Ohio is one of the states hardest hit by the epidemic of foreclosure and joblessness caused by Wall Street. It is a state where unions have been under attack, and where hard-won labor rights that built the middle class have been stripped away from teachers and public sector workers. Ohio also happens to be where JP Morgan Chase has chosen to have their annual shareholder meeting. Bad move.
JPMorgan Chase continues to gouge communities with interest rate swap deals costing cities hundreds of millions of dollars, has the largest number of foreclosed homes as of 2010, and has reduced small business lending by 75% in the wake of a government bailout meant to spur lending.
It's time for a Showdown in Ohio!
Thousands of people from local and national grassroots organizations will be traveling to Columbus, OH from May 16 to 17 for two days of direct action on J.P. Morgan Chase and others.
The Showdown will take place in the middle of Ohio’s budget fight, and will be our opportunity to deliver the message that we’re in a revenue crisis and its time to “Make Wall Street Pay” across America. The Showdown in Ohio is being organized by National People’s Action and the Ohio Organizing Collaborative.