Read

User menu

Search form

Senior and Disability Groups Protest Wells Fargo Evictions, Shutter Accounts

Senior and Disability Groups Protest Wells Fargo Evictions, Shutter Accounts
Thu, 12/20/2012 - by Christopher D. Cook
This article originally appeared on Fog City Journal

A fiery crowd of as many as 50 seniors and their supporters including green-clad, Doctor Seuss-styled grinches, rallied Tuesday afternoon in front of Wells Fargo Bank at the intersection of Market and Grant streets, calling on the national bank to halt its evictions of struggling homeowners and to change its foreclosure practices.

“Wells Fargo, I had a home but you took it back and sold it—you’re a grinch!” activists from the San Francisco Grey Panthers and Senior & Disability Action yelled under crisp clear winter skies. “I’m a kid who had a warm house to live in but you took that away from me—you’re a Grinch!”

An hour earlier, representatives from the two groups entered the bank and closed their Wells Fargo accounts to protest home foreclosures that have “disproportionately shuttered the homes of seniors, people with disabilities, and people of color,” the groups stated.

“Too many families have lost their homes due to predatory lending, dual tracking, and simple greed,” the groups said in a media release. Dual tracking involves the selling of a house even while the current homeowners are negotiating a new loan to try to keep their home. “Wells Fargo is at the center of the foreclosure crisis in San Francisco. They have more foreclosures in their name than any of the other banks.”

According to their research, Wells Fargo has held 92 auctions on foreclosed homes in San Francisco—more than double the combined total of JP Morgan Chase and Bank of America.

The groups demand “immediate action to stop the holiday foreclosures and evictions,” listing 27 San Francisco families who are at risk of eviction over the holidays.

“We’re encouraging all other organizations” to close their Wells Fargo Accounts, said James Chionsini, director of healthcare advocacy for Senior & Disability Action. “We can’t in good conscience support an organization that’s displacing our members, it’s just unethical.”

Sign Up

Article Tabs

Amazon, Amazon Web Services, Amazon cloud storage, Amazon government relationship, Amazon surveillance technology, Amazon financial dominance

Amazon provides is unmatched providing cloud storage to our federal government, gubernatorial organizations and local municipalities, with over 2,000 agencies now dependant on AWS.

Brexit, Brexit failure, leaving the E.U., British turmoil, Brexit no-deal

The rejection of a no-deal left the government crestfallen as its attempt to keep control of the Brexit process by maintaining a no-deal on the table was quashed.

youth climate strike, climate protests, climate walkouts, strike for climate, Greta Thunberg, global youth protests

The global Youth Climate Strike will have its official coming out party this Friday, March 15, when tens of thousands of young people worldwide skip school to protest climate inaction.

In this week's special episode, we sit down with two women from Colombia to hear about the violence and oppression that they face, and the connection to US foreign policy and corporate malfeasance. Meanwhile, the Colombian president sets his sights on Venezuela

Brexit, Brexit failure, Irish border, Theresa May, UK borders, Leave campaign, second Brexit referendum

On Tuesday, U.K. Parliament rejected – by a whopping total of 149 votes – Prime Minister Theresa May's last-minute compromise plan with the E.U. on the proposed deal, possibly spelling the end of Brexit.

Amazon, Amazon Web Services, Amazon cloud storage, Amazon government relationship, Amazon surveillance technology, Amazon financial dominance

Amazon provides is unmatched providing cloud storage to our federal government, gubernatorial organizations and local municipalities, with over 2,000 agencies now dependant on AWS.

Brexit, Brexit failure, leaving the E.U., British turmoil, Brexit no-deal

The rejection of a no-deal left the government crestfallen as its attempt to keep control of the Brexit process by maintaining a no-deal on the table was quashed.

A conversation with Tailspin author Steven Brill, who has been writing about class warfare in the U.S. since 2011. The picture he paints is as depressing as it is persuasive.

billionaires, abolish billionaires, extreme wealth, wealth inequality, income inequality, tax the rich, wealth redistribution, wealth tax

America’s billionaires have suddenly realized they just may be facing an existential crisis: A good chunk of the American people, they now understand, would rather billionaires not exist.

youth climate strike, climate protests, climate walkouts, strike for climate, Greta Thunberg, global youth protests

The global Youth Climate Strike will have its official coming out party this Friday, March 15, when tens of thousands of young people worldwide skip school to protest climate inaction.

In this week's special episode, we sit down with two women from Colombia to hear about the violence and oppression that they face, and the connection to US foreign policy and corporate malfeasance. Meanwhile, the Colombian president sets his sights on Venezuela

Posted 6 days 12 hours ago
youth climate strike, climate protests, climate walkouts, strike for climate, Greta Thunberg, global youth protests

The global Youth Climate Strike will have its official coming out party this Friday, March 15, when tens of thousands of young people worldwide skip school to protest climate inaction.

Posted 5 days 12 hours ago
Brexit, Brexit failure, Irish border, Theresa May, UK borders, Leave campaign, second Brexit referendum

On Tuesday, U.K. Parliament rejected – by a whopping total of 149 votes – Prime Minister Theresa May's last-minute compromise plan with the E.U. on the proposed deal, possibly spelling the end of Brexit.

Posted 6 days 12 hours ago
The top five countries most affected by threats were all found to be in south-east Asia. Malaysia was the most affected, followed by Brunei and Singapore. Photograph: Romeo Gacad/AFP/Getty Images

Scientists say that nearly a quarter of the animals they assessed globally were affected by threats across more than 90% of their distribution.

Posted 5 days 12 hours ago
billionaires, abolish billionaires, extreme wealth, wealth inequality, income inequality, tax the rich, wealth redistribution, wealth tax

America’s billionaires have suddenly realized they just may be facing an existential crisis: A good chunk of the American people, they now understand, would rather billionaires not exist.

Posted 2 days 2 hours ago
youth climate strike, climate protests, climate walkouts, strike for climate, Greta Thunberg, global youth protests

The global Youth Climate Strike will have its official coming out party this Friday, March 15, when tens of thousands of young people worldwide skip school to protest climate inaction.

In this week's special episode, we sit down with two women from Colombia to hear about the violence and oppression that they face, and the connection to US foreign policy and corporate malfeasance. Meanwhile, the Colombian president sets his sights on Venezuela

Brexit, Brexit failure, leaving the E.U., British turmoil, Brexit no-deal

The rejection of a no-deal left the government crestfallen as its attempt to keep control of the Brexit process by maintaining a no-deal on the table was quashed.

A conversation with Tailspin author Steven Brill, who has been writing about class warfare in the U.S. since 2011. The picture he paints is as depressing as it is persuasive.

Brexit, Brexit failure, Irish border, Theresa May, UK borders, Leave campaign, second Brexit referendum

On Tuesday, U.K. Parliament rejected – by a whopping total of 149 votes – Prime Minister Theresa May's last-minute compromise plan with the E.U. on the proposed deal, possibly spelling the end of Brexit.