Sunday, February 26, 2012

Occupy movement demands banks provide free money

In San Francisco, the Occupy movement is outraged. They protested yesterday at the San Francisco home of a Wells Fargo Bank's CEO. Wells Fargo loans money to people. The Occupy movement is outraged that Wells Fargo expects those people to pay it back.

The protesters held signs claiming "they get rich, we lose our homes." That protesters think banks get "rich" from nonperforming loans which have to be foreclosed shows just little the Occupiers understand banking.

One of the groups protesting was Occupy Bernal of the Bernal Heights neighborhood in San Francisco. This anguished protester asks "Wells Fargo keep out of Bernal":

Anyone who doesn't want to deal with Wells Fargo shouldn't take money from them. If you accept money from a bank, don't be surprised that they will want it paid back. Do these Bernal residents really find that so difficult to understand?

The groups nominally organizing this protest were Occupy Bernal, Occupy SF Housing, and ACCE. However, a look at some of the signs and even the bullhorn shows support from Socialist Workers and PSL (Party for Socialism and Liberation).

The photo above is excerpted from the collection of photographs of this protest at Fund47.

RELATED: Occupy Denver throws urine at Denver police. Billed as a "F*** the police" rally, some in the Occupy Denver movement defend themselves with the claim that the rally was 'unofficial.'

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