A coalition of activists is gathering in Charlotte, North Carolina, this week to protest at Bank of America’s headquarters and its annual shareholder meeting to “demand an end to their practices that are bankrupting our economy and wrecking our climate,” according to the NC Against Corporate Power website.
The group includes members of the Occupy Wall Street movement, homeowners, students, immigrants, environmentalists, workers, women’s groups and peace activists, among others.
NCACP lists a plethora of complaints against BoA, including the facts that the bank is the leader in home foreclosures and funding of the US coal industry, and a huge job-killer (100,000 workers have been let go over the past several years). Meanwhile, BoA’s top five executives rewarded themselves with over $500 million in bonuses, while the bank saddled students with a lifetime of debt.
And the checklist of grievances goes on.
On the morning of May 9, the groups plan to participate in “creative, mass non-violent direct action” against BoA, including a march to the doors of the shareholder meeting and surrounding areas. On the day of the meeting, NCACP states that people will have the opportunity to engage in a variety of creative educational, cultural, theatrical, visibility and nonviolent direct action activities.
In response to the planned actions, the city manager of Charlotte, Curt Walton, has unilaterally declared the shareholder meeting an “extraordinary event,” meaning the city plans to restrict free speech and expand the ability of police and security forces to target and profile the homeowners, worker, community members, students and immigrants who plan to demand justice from one of the largest banks in the country.
The label tightens restrictions on what protesters are allowed to do at such events and gives police more power to search people’s property (backpacks, coolers, etc.) in the vicinity. Certain items, such as scarves, are now banned from the event, and the possession of items like markers, hammers and spray paint is now grounds for arrest.
The extraordinary event tag’s origins date back to a city ordinance enacted in January in anticipation of the Democratic National Convention, to be held in Charlotte in September.
Thus far, it seems like the unprecedented measure adopted by the city manager has done little to ebb the tide of protester enthusiasm.