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Senior Citizens Occupy, Shut Down Bank Of America

Senior Citizens Occupy, Shut Down Bank Of America

Last week, while most of us tried to wake up from our holiday lethargy, a group of feisty senior citizens were standing to corporate greed and corruption.

KCBS San Francisco reports that a dozen senior citizens calling themselves “the wild old women” succeeded in closing a Bank of America branch in Bernal Heights on Thursday.

The dubious lending and foreclosure practices used by Bank of America caused it to become a favorite target of the Occupy Wall Street movement, as well as a catalyst for the wildly successful Bank Transfer Day in early November, 2011. There was also a massive public outcry when BoA attempted to instate a $5/month fee for use of their debit cards. The bank later canceled this policy.

Toting walkers and wheelchairs, the “wild old women” certainly weren’t the most rambunctious group to fight for the interests of the 99%, but they did cause the branch to close and lock its doors, much to the protesters’ surprise.

“We’re upset about what the banks are doing, particularly in our neighborhood and neighboring areas, in evicting people and foreclosing on their homes,” protester Tita Caldwell, 80, told KCBS. “We’re upset because the banks are raising their rates because it really affects seniors who are on a fixed income.”

Bank Transfer Day saw a billion dollars moved out of large commerical banks. In one of the most visible actions against Bank of America, a San Jose church divested $3 million, closed its accounts, and moved to a local credit union.

Related Reading:

Bank Of America Gets Foreclosed

Class Action Filed Against Bank Of America For Foreclosure Fraud

Flashmob Asks Bank Of America To Pay Its Taxes

Image Credit: Flickr – lobrooks

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168 comments

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6:21AM PST on Feb 8, 2013

Kudos! Have to fight with what's unfair!

8:10PM PST on Feb 14, 2012

That also means a whole lot of those men soliciting prostitution will be buying Viagra, more profits for the big Pharmas. It's all about the 'trickle down economy'.

5:28PM PST on Feb 14, 2012

These senior citizens should lobby to get prostitution legalized in Massachusetts. That will make it easier for Massachusetts to get the rich peoples' money. If prostitution is legalized in Massachusetts, the rich people will be spending a lot of money on having sex. That means a lot of prostitutes will spend a lot of money donating it to charity in helping the poor and the elderly.

3:20PM PST on Jan 15, 2012

@Nancy L.:
No, they are employees of a criminal enterprise, and must be accountable for the employment choices they make. If, by bringing laser focus on this criminal enterprise, the employees choose to stand by their employer, then they must take what that employer brings to them. Yes, they are part of the very 99% so many (iincluding myself, incidentally) are working to bring back into democracy in America. But, they must choose to participate wisely. There are some jobs just not worth having. This often has little to do with pay or benefits. Sometimes, the costs outweigh those benefits, and can best be served in other pursuits.

Morality matters in America. It's time we reclaim ours.

5:51PM PST on Jan 13, 2012

Kudos, Wild Women. I can hardly believe that we 60s/70s protesters are senior citizens already. The Sisterhood was powerful and now still is.

7:49PM PST on Jan 11, 2012

we need more people power.

6:24PM PST on Jan 11, 2012

Nancy A. BOA tellers = 99% BOA management = those who would own this country and all the people in it. Please read up on the gilded era. Then read Neuromancer by William Gibson.

6:48AM PST on Jan 11, 2012

Why is it good that the hourly workers there are now out of work? Aren't they your 99%?

6:18AM PST on Jan 11, 2012

Kuddos! Grannies got the job done!

10:13PM PST on Jan 10, 2012

Get 'em ladies! People should stand up for their rights no matter what their age. Seems like the older generations have more "balls" anyway!

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