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Tag: “Chicago banks protest”

What's Next?

By Anna Burger, Secretary-Treasurer on October 30, 2009 4:54 PM

What happened outside the bankers' conference on Tuesday was a reminder of the power of our voices together.

For three days, thousands of us from every corner of the country and all walks of life came together to demand change from the Wall Street banks.

Together we stood up to the big banks that have done so much harm to our communities;
 
Together we marched through the streets of Chicago, 5,000 strong, forcing the bankers to answer for their actions;
 
Together we showed the world through stories and pictures and words that our voices united can make a difference.


See pictures and video from the bankers' conference in Chicago: http://action.seiu.org/whatsnext

But, as amazing as Chicago was, everyone I talked to had the same question:

"What's next?"

What's Next
What's next for the family having their home foreclosed because mom and dad lost their jobs? What's next for the ABA lobbyists using our tax dollars to fight reform? What's next for the big bank CEO paying himself billion dollar bonuses with our money?

The answer is up to us. For too long, we've let Wall Street write the story - and we know how that one goes. Staggering unemployment. Record foreclosures. And complete financial meltdown as their final act.

Chicago was the end of that chapter, will you help us write the next one? http://action.seiu.org/whatsnext

If the big bank CEOs think what happened in Chicago was the last they've heard from us, they're very, very wrong. We're just getting started.

There are millions of our friends, neighbors, and coworkers who want to see an end to business as usual on Wall Street. Will you show them what we did in Chicago, and what we can do if we all work together?

Click here to get started: http://action.seiu.org/whatsnext

Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, financial reform, Showdown in Chicago

More than 5,000 Taxpayers March on the ABA

By John Vandeventer on October 27, 2009 3:01 PM

It was an intense and often emotional conclusion to three days of action against the ABA in Chicago; and a powerful beginning to a taxpayer-led campaign to bring an end to Wall Street greed.

More than 5,000 taxpayers marched over the Chicago River and to the front door of the American Bankers Association this morning. Chanting "enough is enough," the crowd came to deliver an invoice to the big banks for the $17.8 trillion they took from us to pay themselves big bonuses and lobby against reform.

The rally featured stories from Americans across the country who have been impacted by Wall Street's harmful behavior. Here are some of the highlights:

Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, financial reform, Showdown in Chicago

Anna Burger: "Call Them Out"

By John Vandeventer on October 27, 2009 1:36 PM

Standing in front of the American Bankers Association conference in Chicago, Anna Burger led more than 5,000 taxpayers in demanding an end to the greedy Wall Street practices that led to economic meltdown.

"We know who the architects of our economic collapse are - they're right over there. Goldman Sachs CEO Lloyd Blankfein. JPMorgan Chase CEO Jamie Dimon. Bank of America CEO Ken Lewis. Wells Fargo CEO John Stumpf," she said. "We have to investigate them and, if necessary, we have to prosecute them for what they've done to our country."

Watch video of Anna's speech as well as taxpayers delivering a past due invoice to the big banks for the money they've taken from us:

Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, financial reform, Showdown in Chicago, taxpayer bailouts

VIDEO: The First Steps Toward Change

By John Vandeventer on October 27, 2009 12:10 PM

Video and photos now posted below.

The marchers just took the first steps towards the ABA conference to protest what Andy Stern called "the people who put company before country."

They're being led by people from across America that have been directly impacted by the greedy actions of the Wall Street bankers gathered at the ABA conference. People who have worked all their lives, but were kicked out of their homes, watched their life savings dry up, and seen their interest rates skyrocket.

So, we're marching directly to the bankers right now. Demanding our money back. Demanding our country back. And demanding that they stop using our money to pay themselves huge bonuses and lobby against reform.

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Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, financial reform, Showdown in Chicago

Seeing Purple

By John Vandeventer on October 27, 2009 11:08 AM

The crowd is starting to gather along the Chicago River for the largest protest against bank greed since the economic crisis began. We're about 30 minutes out from taking the first steps toward the ABA conference - and the first steps in our campaign to end Wall Street greed.

We'll be posting live updates to our blog, so keep an eye on SEIU.org. You can also get realtime updates from the march on our Twitter feed and photos from the action at our Flickr page.

Of course, the best way to get involved is to come join 5,000 of your fellow Americans at the corner of Michigan and Wacker right now.

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Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, financial reform, Showdown in Chicago, taxpayer bailouts

VIDEO: The Faces of the Showdown

By John Vandeventer on October 26, 2009 5:32 PM

Another amazing day in Chicago. Americans are fired up to put an end to Wall Street greed. Everybody is excited for tomorrow; it's going to be the largest protest against bank greed since the financial crisis began - over 5,000 people.

Here's a wrap up of today with a few faces of the Showdown in Chicago:

Tags: ABA, American Bankers Association, bailed out banks, bank of america, banks, big banks, Chicago banks protest, taxpayer bailouts, Wall Street bankers

VIDEO: Meet Mary from Cincinnati

By John Vandeventer on October 26, 2009 3:54 PM

Outside the ABA conference today are more than 1,000 people with more than 1,000 stories of bank greed hurting families and small businesses. I wanted to share one in particular that grabbed me.

Meet Mary from Cincinnati:

Tags: American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, Goldman Sachs, Showdown in Chicago, Wells Fargo

VIDEO: Two for Two

By John Vandeventer on October 26, 2009 1:31 PM

Updated: Video now included below

More than 1,000 taxpayers decided to take a walk down Wacker Drive to see how their money is being used by America's bailed out banks - and to ask for a few changes to prevent another financial meltdown.

Having tried to deliver our letter to the ABA last night and being kicked out, we went directly to the banks today - Goldman Sachs and Wells Fargo. The demand, as always, is a simple one: stop using our tax dollars for toxic loans, big bonuses, and anti-consumer lobbying campaigns.

Both banks took our letter. We're two for two right now. With a streak like that, why not try our friends at the ABA one more time? The crowd is headed back to the ABA conference with the letter in hand. Will we go three for three today? Or will the big bank lobbyists give us another cold shoulder?


The rally outside of Goldman Sachs stretched more than a block long:

GoldmanSachsprotest-crowd.jpg

From inside Wells Fargo:

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Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, Goldman Sachs, Showdown in Chicago, Wells Fargo

VIDEO: Tom Balanoff at Showdown in Chicago

By John Vandeventer on October 26, 2009 1:13 PM

Here's a new video up from Tom Balanoff's speech at the Showdown in Chicago. He kept the crowd on their feet the entire time. Definitely worth checking out:

Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, Goldman Sachs, Showdown in Chicago, Wells Fargo

VIDEO: "An End to the Too Big to Fail Doctrine"

By John Vandeventer on October 26, 2009 10:45 AM

sheilabairupright.jpgFrom the American Bankers Association (ABA) website:

Don't miss... Exceptional speakers like FDIC Chairman Sheila Bair, Comptroller of the Currency John Dugan, former Speaker of the House Newt Gingrich, and political commentator George Will.

Sheila Bair is an exceptional speaker - I know because she just spoke at the Showdown in Chicago. She talked about the importance of stopping the greedy Wall Street practices like predatory lending, sub-prime mortgages, and lack of regulation that led us into financial crisis.

She also took something from us to give to the ABA. It's the letter that we tried to give them ourselves yesterday, but they kicked us out. Will they kick Chairwoman Bair out, too? We'll soon find out.

Here's the video:

Tags: ABA, American Bankers Association, bailout banks, banks, big banks, Chicago banks protest, FDIC, financial reform, Sheila Bair, Showdown in Chicago

"Shame, Shame, Shame on You"

By Kate Thomas on October 25, 2009 11:07 PM

Welcome to the Showdown in Chicago, where the American people have come together to reclaim America and hold Wall Street accountable. It's Day 2 of the annual meet-up of the American Bankers Association, and nearly a thousand taxpayers decided to facilitate a little meet-and-greet between the people that created the financial crisis (and got rich from it), and the people who paid the price for Wall Street's greed--and footed the bill to bail the banks out.

Unfortunately, the banksters letting loose in the Sheraton's lavish ballroom couldn't be convinced to leave their posh party to attend our rally....but 40+ policemen and numerous onlookers turned out and I even saw several cops taking pictures of us. Around 60 taxpayers went into the hotel to invite the bankers to join us one last time, as well as deliver a letter to ABA CEO Ed Yingling. Access to the 2nd floor reception area was completely blocked off, so the taxpayers asked ABA's security to deliver the letter for them instead....and were refused.

Chicagopolice-letterdelivery.jpg

Photo © 2009 Heather Stone Photography

Since we weren't allowed to deliver the letter to ABA CEO Ed Yingling, the taxpayers inside the Sheraton decided to speak out demands to the ABA from down in the lobby, loudly but respectfully. We're pretty sure Mr. Yingling he heard us...along with all the other partygoers. Onlookers who gathered to watch seemed surprised at what was going on--but not why we were there to demand an end to Wall Street greed.

I've been to my fair share of great protests, but I was particularly wowed by tonight's energetic chants and stand-out visuals. The hundreds of people chanting "ABA, you're the worst, time to put the people first" and "Enough is enough" rang out pretty powerfully. I think the police's personal favorite though, was our chant "Police need a raise!" The rally featured huge "Wanted" posters showing the poster children of greed, including cutouts of Bank of American CEO Ken Lewis, Wells Fargo CEO John Stumpf and JP Morgan CEO Jamie Diamon. A rendition of soulful classic "Shame Shame Shame" by Shirley & Company was also belted out by the rallyers (and some of the audience too, I suspect).

"They said the banks were too big to fail," said rallygoer Keya Alvarez from the Alliance to Develop Power. "Well, I got news for them--the people are too big to fail!" We're gathered here in Chicago because we're sick and tired of being sick and tired. We're also here because we have hope--and we know Wall Street and America can do better. Stay tuned tomorrow for more coverage of our Chicago banks showdown, and be sure to follow our live updates on SEIU's Twitter feed.

Tags: ABA, ABAshowdown, American Bankers Association, bailouts, bankers, banks, big banks, Chicago, Chicago banks protest, Chicago Sheraton, Ed Yingling, police, protest, taxpayers, Wall Street bankers

VIDEO: You Weren't on the Guest List

By John Vandeventer on October 25, 2009 10:18 PM

Today was an amazing beginning for us. Not just the beginning of the three day protest against the American Bankers Association (ABA) conference, but the beginning of the end for business as usual on Wall Street. The big banks heard loud and clear tonight that taxpayers are fed up with them taking our money and using it to pay themselves outrageous profits and lobby against financial reform.

They did everything they could not to hear us. They've been ignoring our demands ever since we asked them to meet with us at their convention this weekend. So, tonight, taxpayers decided to invite ourselves in. All we wanted to do was deliver a letter to the Wall Street bankers to let them know how much they've hurt our communities - and what they need to do to clean up their act. Take a look:

They wouldn't listen to us. They kicked us out. But, the bad news for them is that we'll be back. We're not going to leave after tonight. In fact, more and more people are coming to Chicago in the next 48 hours. What started as a thousand people tonight will continue to grow up until Tuesday when more than 5,000 taxpayers march on the ABA and demand an end to Wall Street greed.

Our demand is simple: stop taking our tax dollars and squandering them away on billion dollar bonuses and massive lobbying campaigns against financial reform. Will you join us in making our voices heard?

Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, financial reform, Wall Street bankers

Bankers Fix Up One House this Weekend, Foreclose 23,000 Others

By John Vandeventer on October 25, 2009 4:34 PM

Update: We'll be posting updates on our blog as events take place. Also check out our constantly updated Flickr and Twitter streams.

File this under "things I could not possibly be making up because they are so absurd."

The Wall Street bankers are in Chicago this weekend for the American Bankers Association conference - and they've decided to do one good deed for the people of Chicago while they're here. They are helping to renovate a house that had been foreclosed... by them.

It's a nice gesture on the bankers' part, but a completely empty one. In the time it took them to help fix up that one house, banks were kicking 1,440 families out of homes across the country; that's one foreclosed home every 7.5 seconds.

It's one of the many, many examples we've seen this weekend of Wall Street bankers being completely oblivious to the pain they're causing millions of American families. There are plenty of people here in Chicago to help remind them, though. In the room next to me, hundreds of taxpayers are starting to gather right now. They're just a fraction of the thousands of Americans who will be protesting the big banks' greed outside the ABA conference over the next three days.

There's a definite buzz in Chicago right now. Thousands of Americans are finally getting their chance to stand up and say "enough" to the greedy Wall Street behavior that's hurt our communities for so long.

Tags: ABA, American Bankers Association, bailed out banks, banks, big banks, Chicago banks protest, forclosures, taxpayer bailouts

Marching Toward Change
More than 5,000 march on the ABA

By John Vandeventer on October 25, 2009 3:14 PM

Tags: ABA, American Bankers Association, bailed out banks, bank of america, banks, big banks, Chicago banks protest, taxpayer bailouts, Wall Street bankers

Crash the Bankers' Party in Chicago

By Kate Thomas on October 23, 2009 3:48 PM

Makingtaxpayersrich-ABAmeeting.jpgNext week, the members of the American Bankers Association (ABA) are congregating at the Sheraton in downtown Chicago for their annual conference, with appearances by conservative Republican commentators Newt Gingrich and George Will. During the three-day conference, SEIU, Action Now, National People's Action, and dozens of other activist organizations will hold a series of events highlighting the growing discontent with big banks and their over-reliance on greed and profits at taxpayers' expense.

On the Huffington Post, SEIU's Anna Burger discusses why progressives won't be letting the banksters party in peace this Sunday, Monday and Tuesday in Chicago:

The financial section of the newspaper is starting to read like the script for a far-fetched crime movie. A group of villains hatch a plot to steal trillions of dollars from unsuspecting Americans. They drive the country into economic chaos, funnel money from families and small businesses into their own pockets, then leave all of us to clean up their mess. And not only do they get away with it, they pay themselves billion dollar bonuses and throw lavish parties to celebrate their conquest.

But this isn't a movie, it's really happening. Wall Street bankers have taken $17.8 trillion of our tax dollars through bailouts and turned them into massive pay and bonuses for themselves. Goldman Sachs alone is expected to pay more than $23 billion just in bonuses this year; that's more than $43,000 a minute, every minute.

So, my question to you is: if you could get all the architects of this scam together in one place, what would you say to them?

Hurry up and decide, because they're all getting together in Chicago this weekend -- and we're headed there to meet them.

The big bank execs are gathering in the Windy City for the American Bankers Association conference. It's a four day celebration of wealth and opulence; some of the items on the agenda include a roaring 1920s swing dancing party, a luxurious riverboat cruise, and celebrity appearances from Newt Gingrich and George Will. And it's all funded with our tax dollars.

Read the rest of Anna's piece on Huffington Post here.

Full report on ABA's actions to lobby against financial reform here. Check out the schedule of the three days of actions in Chicago here, as well as after the break.

Tags: ABA, Action Now, American Bankers Association, anna burger, bailed out banks, bailout banks, banks, banksters, big banks, Chicago, Chicago banks protest, economic crisis, economic recovery, financial reform, George Will, Goldman Sachs, greed, Huffington Post, National People's Action, Newt Gingrich, progressives, seiu, stop big bank greed, taxpayer bailouts, unions, wall street, Wall Street bankers

Continue reading Crash the Bankers' Party in Chicago.

Thousands of Taxpayers to Converge on Bankers Convention to Demand Banks Stop Lobbying Against Financial Reform

By SEIU: Marcus Mrowka, 202-730-7759 // SEIU Illinois: Ray Quintanilla, 312-505-7862 // National People’s Action: Andrea Frye, 773-559-8078 on October 23, 2009 11:23 AM

Taxpayers From 20 Cities Headed to American Bankers Association Chicago Conference October 25-27

Banks Using Taxpayer Money to Spend Millions Fighting Reforms that Would Help Prevent Next Financial Crisis

Chicago, IL--In the largest taxpayer mobilization since the economic crisis began, thousands of Americans from 20 cities will converge on the American Bankers Association (ABA) conference in Chicago from October 25 to 27 to demand banks stop spending millions in taxpayer dollars to lobby against reforms that would protect Americans from the next economic crisis.

After taking $17.8 trillion in taxpayer bailouts and backstops, the ABA and the six largest banks have spent more than $35 million fighting Congressional action on financial reform. Meanwhile, ordinary Americans continue to face rising foreclosures, record unemployment, skyrocketing bank and credit card fees, and vanishing pensions and 401(k)s.

From Spokane to Syracuse, ordinary Americans who have lost their jobs, their homes, and their life savings will be boarding buses and planes to demand banks end their over-reliance on greed and profits and commit to using their taxpayer bailouts and backstops to help America's economy recover.

Read a full report on ABA's actions to lobby against financial reform here.

National Taxpayer Mobilization to Break Bank Greed

OCTOBER 25, 2009

WHAT: Taxpayers converge on Goldman Sachs CEO's NYC home to demand the bank use billions in bonuses to help alleviate foreclosures and job loss before heading to Chicago.

WHO: Hundreds of working families and community groups

WHEN & WHERE: 11:15 am EDT
15 Central Park West, New York, NY

WHAT: Taxpayers put big banks and Wall Street on trial for breaking their commitments to the American taxpayers.

WHO: Hundreds of taxpayers from across the country who've lost their jobs, homes, and retirement security because of the economic crisis, workers, community leaders and allies, and academics.

WHEN & WHERE: 4:30 pm CDT
Hyatt Regency Chicago
151 East Wacker Drive

OCTOBER 26, 2009

WHAT: Demonstrations at Goldman Sachs and outside American Bankers Association.

WHO: More than 1,000 retirees, family farmers, clergy, workers, students, homeowners, and community allies.

WHEN & WHERE: 10:30 am CDT - Goldman Sachs Chicago Headquarters
71 S. Wacker, Chicago

Taxpayers will ask Goldman Sachs to donate its entire projected $23 billion dollar bonus pool to prevent every foreclosure in America in 2010 AND lift one million families out of the poverty and joblessness.

12:00 pm CDT - Demonstration outside American Bankers Association convention, 301 East North Water Street

OCTOBER 27, 2009

WHAT: Taxpayer march on American Bankers Association conference to demand banks stop lobbying against needed financial reform.

WHO: More than 5,000 workers, clergy, and community allies and leaders from 20 cities.

WHEN & WHERE: 10:00 am CDT - Prayer vigil at Intersection of Wacker and Stetson.

10:30 am CDT - March begins at Intersection of Wacker and Stetson.

11:00 am CDT- Rally outside the Sheraton Hotel, 301 E. North Water St. Crowd will assemble on Park Dr.

* Live photos and videos from the events will be posted to www.seiu.org/bigbanks , www.StopBankGreed.org , or www.ShowdownInChicago.org for more details as the events unfold.

Groups participating in the three days of mobilizations include: A New Way Forward, AFL-CIO, Action Now, Albany Park Neighborhood Council, Alliance to Develop Power (ADP), Americans for Fairness in Lending, Americans for Financial Reform, ARISE Chicago, Brighten Park Neighborhood Council, Central Illinois Organizing Project (CIOP), Center for Community Change (CCC), Change in Terms, Change to Win, Citizen Action, Chicago Coalition of the Homeless, Communities United for Action (CUFA), Community Voices Heard (CVH), Contra Costa Interfaith Supporting Community Organization (CCISCO), Grassroots Collaborative, Green Party of Nevada, Fuerza Laboral/Power of Workers, Illinois Hunger Coalition, Iowa Citizens for Community Improvement, Jobs with Justice, Gender Just Metanoia Centers, Inc., Michigan People's Action (MPA), MoveOn, National People's Action, Northside Action for Justice, Northside POWER, Northwest Bronx Community & Clergy Coalition, People Organized for West Side Renewal (POWER), PUSH Buffalo, Right to the City Alliance, Rights for All People (RAP), Roomdad Productions, Service Employees International Union (SEIU), SEIU Illinois State Council, SOUL, South Austin Coalition Community Council (SACCC), Sunflower Community Action, Syracuse United Neighbors (SUN), Teach Our Children (TOC), The Grassroots Collaborate, UE, UCLA Undergraduate Students Association, Workers United, and Working In Neighborhoods (WIN)

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Tags: ABA, American Bankers Association, Chicago banks protest, stop big bank greed, unions

'80s Flashback: Average Workers' Pay > Average Financial Industry Employee Bonus

By Kate Thomas on October 23, 2009 10:47 AM

Imagine, if you would for a minute, living in a world where the average worker's salary was higher than the average financial industry employee's annual bonus.

Now you may scoff at such an absurd-sounding statement in today's economic climate, but it's no joke. In 1985, the average annual salary for all workers across the country was, if you can believe this, actually several thousand dollars higher than the average bonus: $19,000 to $13,970. [Disclaimer: I am not making this fact up, it just seems that way].

Over twenty-five years later, the average Wall Street bonus has soared almost 14 times higher. The ratio between average CEO pay and average U.S. worker pay is 319 to 14--meaning that the average worker's salary has essentially been stagnant since the mid-1980s.

It's gotten so bad that bonuses at many bailed out banks greatly outpace the amount of profit generated by the banks. For example, while Goldman Sachs earned $2.3 billion last year and received $10 billion in TARP funds, they paid out $4.8 billion in bonuses--an amount that is more than double their net income. Goldman Sachs has set aside more than $16 billion for bonuses, and big banks that were bailed out by taxpayers have set aside a record $140 million for 2009 salary and bonuses.

The reality is that skyrocketing CEO pay and bonuses have not slowed since our economic crisis hit.

Emma-Glee-1.jpgOther facts and figures on wage inequality for Main Street vs. Wall Street that may make your eyes bug out like the crazy but lovable red-headed germ-a-phobic teacher Emma on hit TV show Glee:

  • As of 2007, the top ten percent of American earners brought in 49.7 percent of total wages. This is the highest share of total U.S. income made up by the top 10 percent of earners in almost a hundred years, including during the Great Depression.
  • During the economic expansion of 2002-2007, the top 1 percent captured two-thirds of income growth.
  • Today, the average CEO today makes in one day what the average worker is paid in a year.
  • The amount the top five executives at each of the 20 banks that accepted the most federal bailout money received in personal compensation from 2006 to 2008: $32 billion.
  • A quarter-billion dollars: The total amount of compensation the 20 CEOs at these bailed-out companies made. When you break it down, the payout "rewarded" to each exec averages $13.8 million.

And last, but certainly not least, there are banksters who claim that big banks using taxpayer funds to pay out massive bonuses and create massive inequality is actually a good thing for the economy.

Don't believe me? Watch this, starting at around 2:50:

Visit msnbc.com for Breaking News, World News, and News about the Economy

Goldman Sachs's Griffiths Says Pay 'Inequality' Helps Everyone

Yesterday the Federal Reserve announced a plan to cut executive pay by as much as 90 percent for CEOs at the seven biggest TARP recipients--companies like Bank of America, Citibank and AIG who have received hundreds of billions of dollars in taxpayer bailouts since their risky deals brought the economy to its knees last year. It's a good start, but it still leaves dozens of other banks that are still taking billions in tax dollars and paying out huge bonuses to their top execs.The sweeping move by the Fed comes right before the bankers' association meeting in Chicago from the 25th through the 27th, where thousands are going to gather in the largest demonstration against bank greed since the financial meltdown began.

Tags: AIG, average financial industry employee salary, average worker salary, bailout banks, bank of america, banksters, big banks, bofa, bonuses, ceo compensation, CEOs, Chicago banks protest, Citibank, economic crisis, executive bonuses, executive compensation, Federal Reserve, Goldman Sachs, Main Street, massive inequality and wages, stagnant wages, taxpayer bailouts, wall street

In case you missed it...Oct. 21 round-up

By Kate Thomas on October 21, 2009 9:55 AM

Why We're Headed to Chicago Next Week: Read more about the largest taxpayer mobilization in Chicago next week where thousands of Americans from 20 cities will converge on the American Bankers Association (ABA) conference to demand banks stop spending millions in taxpayer dollars to lobby against reforms that would protect Americans from the next economic crisis. Want to join us?

Krugman Reminds Us Why We're Fighting Those Guys in the First Place...While giant financial institutions are paying out record bonuses and salaries, they aren't lending to small businesses or helping families that are struggling with their mortgages. Read Paul Krugman's NY Times piece, which gives a sobering report on the state of banks.

Blog about it if you must....In a study by the Sunlight Foundation's Micah Sifry, SEIU.org was counted as the most referenced site in blog posts about healthcare policy. Read the score here.

Then on techPresident, Nancy Scola highlights SEIU's new online tool + Twitter + Ads campaign ("Take a ticket for healthcare equality") to help get the word out to would-be tweeters that's time to deliver on healthcare reform that ends discrimination against women by health insurers. The campaign has generated over 5,000 tweets since yesterday.

Senators Urge Extension of Unemployment Benefits: 7,000 people every day see their are seeing their jobless benefits expiring--and it's largely due to the petty obstructionism of two Senators who are blocking the needed extension of jobless benefits. Yesterday afternoon, 14 senators from across the country joined together to urge swift passage of a UI extension.

Former SEIU Member Crowned a Ugandan King: For years, Charles Wesley Mumbere worked as a CNA in Maryland and Pennsylvania and was a member of SEIU Healthcare Pennsylvania. Yesterday, Mumbere returned to his native Uganda and assumed the royal crown as king of his people, the 300,000-strong Rwenzururu Kingdom. Read more about his life from teenage leader of a rebel force to impoverished student, a CNA working in the U.S. and, finally, to king of his people. Photos of his crowning here.

"The Greatest Public Demonstration in Puerto Rican History:" Photos and recap from the Puerto Rican General Strike on October 15 on SEIU's Blog here. Stand up for the civil rights of Puerto Rico's citizens by contacting your member of Congress and asking him to hold hearings on Gov. Fortuño's anti-American actions.

SEIU's Rocio Saenz Joins International Unions to Urge Reform of Mexico's Broken Labor Laws: Joining a group of international labor leaders, SEIU Vice President and President of Local 615 Rocio Saenz spoke at a press conference in Mexico City on October 14 about the urgent need to reform broken Mexican labor laws that allow multinationals to exploit Mexican workers without recourse. "We cannot address the deeper causes of global poverty and forced economic migration unless we reach across international borders and ensure that all working people have the right to decent work and a job that will support their families," said Saenz.

Tags: ABA, big banks, Charles Wesley Mumbere, Chicago banks protest, Daily Kos ads, healthcare gender equality, luis fortuño, online campaign and healthcare, Puerto Rico, rocio saenza, SEIU and healthcare policy blogs, SEIU Healthcare Pennsylvania, taxpayer bailouts, techPresident, tweets, twitter, Ugandan king, unemployment benefits, union, unions

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