By Maria Poblet, published on OrganizingUpgrade.com
Ah, spring. Tulips, chocolate bunnies, and…. capitalist conspiracy.
Each spring the shareholders of every major bank get together to make their strategic plans for the year. Bank of America will meet in Charlotte, NC. Wells Fargo’s meeting is at their headquarters in San Francisco’s financial district.
What’s on their agenda? Plain and simple: profiting at the expense of our communities. I can just picture it: a guy in an expensive suit presenting a power point to a conference table full of other people in expensive suits, taking notes on their Ipads.
First slide: (Bar Graph) Predatory loans were AWESOME! Lets make sure we follow through, and foreclose all those people out of their homes! There must be at least 3 houses left in East Oakland that we haven’t taken…let’s get in there!
Second slide: (Politician shaking hands with John Stumpf) Keep those wheels greased! Lets have the best democracy money can buy, and make sure the cities of Oakland & San Francisco keep investing all their money with us, letting us do whatever we want with it.
Third slide: (Twenty-somethings with backpacks on) Invest in America’s youth! With skyrocketing tuition, all we have to do is hook them young and they’ll be paying us for the rest of their lives! Incidentally, we should invest in Ramen noodles, because they will also have to live on those for the rest of their lives with the rates we’re charging.
Amazing!