Rebecca Kelley
If you want bank reform, this protest in Chicago over the next two days, Monday, Oct. 26 and Tuesday, Oct. 27, might be the place where you will want to be. Rally organizers including, Public Citizen, the AFL-CIO, and Change to Win, will be in Chicago tomorrow outside the American Bank Association annual meeting at 11:30 a.m., Oct. 26 at 301 North Water Street.
Organizers say it will be a massive rally to blow the whistle on financial institutions that they say, caused the economic crisis by taking billions in taxpayer bailouts. Protesters say Americans are facing shrinking pensions, risk foreclosures and unemployment, state budget cuts, predatory lending, outrageous overdraft fees, and sky-high credit card interest rates.
Reining in the banks is what protestors are demanding along with oversight, accountability and reforms. The organizers of the rally say they organized the protest now because Congress is taking up regulatory legislation this month that includes the idea of a Consumer Financial Protection Agency.
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