WHAT: 1,000+ people to take over the street of Downtown, Los Angeles.
WHEN: Thursday, November 17, 2011 at 7:00am
WHERE: Activists will meet at Bank of America Plaza at 333 S Hope St. and march to the corner of Figueroa and 4th St., where we will shut down the intersection.
VISUALS: Protestors with signs, banners and noisemakers. Large banners dropped from overpasses. Rally in the Downtown, L.A. financial district. People taking over the streets, stopping traffis, and setting up tents in the Downtown, L.A. intersection.
MORE INFO: More than 1,000 people from struggling LA communities organized by Good Jobs LA, along with unemployed workers, community groups, clergy, labor organizations and Occupy LA activists, will take over the streets in downtown LA on Thursday morning, calling on Congress to hold Wall Street accountable for fixing our economy and to make wealthy corporations and the rich pay their fair share, so our communities can have jobs, not budget cuts.
Wall Street corporations are leaving LA communities and the 99% behind. When Wall Street needed help after their greed and recklessness crashed our economy, Congress rushed to bail them out with billions in taxpayer money – now Wall Street corporations and banks are sitting on $2 trillion in cash but failing to invest in local communities to create good jobs. Congress is making the crisis worse by refusing to tax millionaires and wealthy corporations to fund job creating legislation and prevent devastating budget cuts.
***Bank of America took $230 billion in bailouts, made $4 billion in profits over the past two years and paid its CEO $10 million in 2010, but contributed $0 in federal taxes in 2009 and 2010 while cutting small business lending by 89% since the economic crash. Figueroa and 4th St. are adjacent to “structurally deficient” and “functionally obsolete” overpasses, some of the many projects that could put people back to work building LA.
Protests will continue in LA throughout the day, including a second downtown march with hundreds of activists starting at the civic center at noon. Similar protests will be held on November 17th in dozens of cities around the country, including New York, Chicago, Washington, DC, Seattle, Minneapolis, Milwaukee, Houston and Miami.
Media Contacts for Event:
Jacob Hay, firstname.lastname@example.org or (310) 855-2640
Refugio Mata, email@example.com or (310) 293-0266