New Wave of Protests Fighting Banksters

New Wave of Protests Fighting Banksters

New Wave of Protests Fighting Banksters

It was tax day in 2009 that saw the first Tea Party protests, and the FOX-led media firestorm that’s followed has made it seem as though the Tea Party’s the only game in town if you want to complain about bailouts.  This year, though, as tax day approaches, a new wave of protest is sweeping the country.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

It was tax day in 2009 that saw the first Tea Party protests, and the FOX-led media firestorm that’s followed has made it seem as though the Tea Party’s the only game in town if you want to complain about bailouts.

This year, though, as tax day approaches, a new wave of protest is sweeping the country. On February 26, inspired by the UK, US Uncut actions took place at Bank of America branches around the country—and all fifty states held solidarity rallies to support Wisconsin’s protesters.

Taxpayers connected with National People’s Action and other community-based groups occupied a Bank of America, protested the Attorneys General and the Republican Congressional leaders this week. And as James Mumm of National People’s Action noted on GRITtv yesterday, this one actually represents the majority. And diversity.

Compare the coverage with what followed every Tea Party outburst and you’d weep.

In February 2009, when one CNBC correspondent spoke out from the floor of the stock exchange against taxpayers’ help to beleaguered mortgage holders, Rick Santelli’s “rant” went viral thanks to web-based front groups of the corporate-funded right. Tax day protests a couple of months later were covered live on FOX and by June’s healthcare meetings, even a single wild-eyed ranter could snag prime time attention, on every show, on every network.

This time the attention’s critical. The Empire Justice Center is predicting a “tsunami” of foreclosures coming, and Bank of America is refusing to write down mortgage debt. Republicans in Congress want to eliminate the Home Affordable Modification Program, which helps people keep their homes and Democrats are flagging in their support.

How big do protests have to be for money media to pick them up? We don’t know, but we know it’s out of all proportion when the critique goes against the super-rich. Luckily the action’s picking up. Now, will media spotlight? We in the independent media will do our best to keep up. But we’re going to need your help.

The F Word is a regular commentary by Laura Flanders, the host of GRITtv and editor of At The Tea Party, out now from OR Books. GRITtv broadcasts weekdays on DISH Network and DIRECTv, on cable, and online at GRITtv.org and TheNation.com. Follow GRITtv or GRITlaura on Twitter and be our friend on Facebook.

Like this blog post? Read it on The Nation’s free iPhone App, NationNow.

Become a Sustaining Donor This September

Between the reemergence of right-wing red-baiting and Donald Trump’s use of the chilling National Security Presidential Memorandum–7 to criminalize left political organizing, we’re seeing McCarthyism reborn before our eyes.

This assault on democracy cannot be ignored or wished away. Resisting it requires bravery in the face of threats and repression, a steadfast commitment to the truth, and the unwavering belief that we can—and will—overcome this darkness.

We must have an independent media that sets the record straight, unearths corruption and abuses of power, and advances a politics of justice and dignity for all if we’re to win this fight.

That’s why I’m writing to you today. This September, The Nation needs to add 100 monthly donors to sustain our progressive journalism. Your contribution makes the next investigative report, the next truth-speaking column, and the next pathbreaking essay all possible. 

I hope you’ll support our work with a recurring donation today. If you donate $10 or more a month, we’ll send you a brand new “Hands Off the Free Press!” sticker to recognise your commitment to our cause. Please, donate today. 

Onward,

Katrina vanden Heuvel
Editor and Publisher, The Nation

Ad Policy
x