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Pay US Back: Big Bank Actions Launch This Week. Join the Fight!

Posted by Tracy Van Slyke 53pc on September 19, 2011 · Flag

Sign_PayUsBack-all_bank_logos1sided.jpgThree years ago, Wall Street crashed our economy and the federal government had to step in to save the culprits.

Has Wall Street learned its lesson?  The answer: a resounding no.

Instead, big banks like JP Morgan Chase, Bank of America and Wells Fargo have taken away millions of homes from families through fraudulent foreclosures. They’ve drained billions of dollars from communities through the bailouts and wealth-sucking predatory actions. And they’re sitting on more than a trillion dollars instead of paying their fair share of taxes that could support education, roads, jobs, and pensions. Making matters worse, they’re converting that cash into political influence, as too many government officials are siding with the big banks and their big dollars over the needs of the everyday people they represent.

Wall Street and the Big Banks are making record profits at the expense of the rest of us, and draining our wealth to pad their bottom line.  While we struggle with less and less, the big banks profit more and more.  So how do we go about establishing a new bottom line-an economy that works for all of us that includes good jobs, healthy communities, and a government that fights for everyday people?

Recently, economist and former U.S. Secretary of Labor Robert Reich summed up the solution at a fair economy summit organized by Minnesotans for a Fair Economy, Take Action Minnesota and more when he said,  “It’s only through grassroots organizing and activism that the voices of average Americans can be heard above the roar of corporate and Wall Street money.”

Pay US Back: Fighting for The New Bottom Line this Fall

So let OUR roar begin.  SSign_Time4NBL2.jpgtarting September 20 in Seattle, and rolling for weeks thereafter, that anger will reverberate in cities across the country, where everyday people confront the big banks directly.

We know where the money is to keep our communities strong and healthy. It’s not in Grandma’s pension. It’s not in the homes of families fighting foreclosure. And it’s not in the pockets of American schoolchildren or schoolteachers. It’s not in cuts to what we care about most. The money is on Wall Street.

Everyday people from all walks of life will come together throughout the next few weeks to demand that the big banks “Pay US Back.”  They’ll organize and participate in innovative protests, shut down buildings, hold prayer vigils and more.

They’ll go to J.P. Morgan Chase, Bank of America, Wells Fargo and demand the big banks “Pay US Back” and that they must:

  • Pay their fair share of taxes: Stop draining government of revenue and pay their statutorily required 35% corporate income tax. Stop gaming the system through off-shore tax shelters, loopholes and scams.
  • Stabilize the housing market and revitalize the economy:  Reduce principal for all underwater homeowners to current-market value. This would end the foreclosure crisis, reset the housing market, pump billions of dollars back into the economy and create 1 million jobs a year.
  • Invest in American jobs: Stop sitting on trillions in cash reserves that could be invested into small businesses, the main source of jobs in the U.S. as well as into additional into job-generating investments

But when the actions are over will we just disappear? No, this is just the beginning.

Grassroots organizations across the country will make Wall Street accountability central to the 2012 campaign agenda, including ballot initiatives, local, state, and federal legislation and divestment campaigns forcing city and state governments to divest from the big banks that are destroying their communities. New Bottom Line members will advance policies that make candidates choose, “Which side are you on: Wall Street or the people?”

No matter what, we need to create a crisis. Not for us, but for them-for the big banks, for the super rich.  Stephen Lerner of SEIU articulates this argument and reminds us, “This is our time.”

Do you want to join the “Pay US Back” fight? Then join here to get announcements of on-the-ground and online actions. We’ll also be posting regular updates of all the actions right here at http://www.newbottomline.com, at our twitter feed @NBLcampaign and our Facebook page. Click here for a full list of cities.

16 Responses

  1. […] fund?Facebook Login MobileAsk Andrea: Digging in to Kids College FundsThe Pensions Advisory ServicePAYBACK TIME! GROUPS SEEK RETURN OF TAXPAYER MONEY FROM MEGA BANKSGrand Theft Auto (Greg Palast) – Dollars & Sense BlogFlexible Mortgages – Offering Relief […]

  2. The AG’s did their investigation.. In ARizona about 100’s of us from showemetheloan.net gave information to AG to help with investigation… RESULTS: a few settlements with banks and the money goes to the STATE to hire paralegals to help those going through foreclosure (big help right?) and sanctions to banks to provide modifications. Funds distributed to PROGRAMS withhin the state that are related to foreclosure. NOT ONE SINGLE THING HELPS IN MY OPINION.. The AG’s get money but the victims get the shaft.

  3. So when is a group or state agency or whatever = going to ttry to get things right for those WRONGED.. PERSONALLY, and this may sound cold, I don’t think one person in underwater house deserves a reduction in principle Many of those people are not fighting to change anything – many pooh pooh those that are fighting, deeming them radical kooks.

    Those that have lost homes, fought for law change, fought the court system and explained laws, developed procedures, moved the attorney generals to investigate etc.. Those people who have lost their homes should get them back or monetary award NOT THOSE THAT SIT ON THEIR BUTTS DOING NOTHING.

    Sorry but this is a great cause, that is missing a MAJOR MAJOR factor. at least as it is presented here it seems to be missing. Restore those that have lost homes, lost jobs and lost family because of fraud paperwork, toxic loans, targetted loans, lack of modifications early on, lack of effective short sales process early on. AND get me off my soap box please…

    We have friend right now in 70’s … foreclosed on with false paperwork, filed notary complaint and suspension of notary followed. NOw the bank sold everything to a new bank who has started YUP foreclosure procedures.. He could win in court but not able to defend self, and lawyers are not helpful… .they want 3500 and 1500 per month for however long it takes (up to 5 yrs.) OH YES the banks are not the only scamsters. I have not met ONE lawyer willing to take anything on contingency . SAD

  4. sorry— getmoneyout.com

  5. Go to get moneyout.com and join the fight to get the money out of politics—this is the root of the destruction of America…

  6. I just read recently that the DTC, 55 water street, New york, handled over $2 quadrillion in transactions in 2010! that’s 1,000 X a trillion!
    They have the money! They have been getting the money for the last 100 years! Yes, we need to get our rightful principal back.

    Americans have created the wealth of wall street, not wall street. They used our pensions, retirement funds, savings, home investments, etc.. to profit. What do WE have to show for it now?
    It is a game that they wrote the rules, don’t want us to know the rules, so they can steal our wealth. THIS is the war we need to be “fighting”. The enemy is domestic, not foreign, the media has led our attention to petty news stories, failed to give us any coverage on any of the wars costing us trillions now, because wall street owns the media! Time for grass roots coming together. The government went bankrupt in 1933 and gave up it’s sovereignty to the international bankers along with all the peoples gold, and made us liable for their debts. That “public debt” is what the US corporation owes us! Yes, our government is a corporation, a bk one. The bankers run the show because the dumb idiots in DC gave it away! We need to take back America!

  7. PIGS GET FAT , HOGS GET SLAUGHTERED , THE BANKS HAVE ALWAYS BEEN FAT PIGS THEY GOT GREEDY AND ATE SUBPRIME SLOP, AND SECURITIZATION SLIME, AND GRANNIES POSSUMM STEW UNTIL THEY TURNED INTO HOGS, NOW ITS TIME TOO TAKE THEM TO MARKET CHOPPED THEM UP INTO PEICES OF PORK AND PROVIDED HOME OWNWERS WITH A HARVEST THAT WE CAN FEED ON , AND LIVE ON FOR YEARS TO COMES , TAKE YOUR TIME WHEN YOU COOKED THESE HOGS OWN LOW TEMPERTURE SLOW ROAST THEM, COOK THIER BRAINS , COOK THIER FEET , I WILL EAT THE CHITTERLINGS MEAT.NOW HEAR THIS September 2, 2011

    Kenneth S. Taylor8610 Hadden Road
    Twinsburg Ohio 44087
    1-330-425-1542

    Federal Bureau of Investigation
    121 S Main St, Akron Ohio 44308 -1415
    330-535-6156

    Dear Honorable F.B.I. Agents, Intake Officers and Staff,

    I implore you open and investigate the following criminal acts and other matters stated below supported by proof and evidence enclosed:
    The criminal acts are so malicious and deplorable that the damage done to victims the homeowners can never be repaired we ask for nothing less than criminal prosecutions this agency must check the licensing boards of all notaries that appear in any and all documents for all the fraudulent attestation to all these phony fake documents.

    Judge Tom Parker is so corrupt he has defied the Ninth District Court of Appeals Order in which they agreed Judge lied about hearing Defendants counterclaimed they reverse and remanded case back to trial court and has thus far Tom Parker refused to follow mandate and wont set a trial date, he issued a summary judgment without a single witness , and without a signed affidavit with no affiants name on it that has to be a criminal act as he never look at the final decree order ,it against the law to sign without knowing the information your signing the affidavit had no name on it.
    Judge Tom Parker , Attorney Kevin L. Williams and Robin Wilson have given false and material declarations to the trial court violating federal laws under 18 U.S.C.1623 which is a both a criminal and civil act of conspiracy and a crime which carries fines of 100 thousand dollars and or 5 years in prison , they have lied to courts and use the same lies against defendants( Kenneth S. Taylor and Alycia A. Taylor Driggins) in an attempt to take their real property ,without perfecting a lien, selling and transferring, assigning property of Option One the original lenders years later after they were out of business and company was defunct, and did use identity theft, and stole homeowners identity as parties are guilty of transferring homeowners private information by United States Postal service , U.S. Mail via Electronic Mail creating False data and accounting, and payment receipts by use of computer via internet and are guilty of Mail and Wire fraud by forwarding private information to other parties without their permission such as their social security numbers names addresses, work history, credit reports, bank statements ect. but not limited to such, trying to evict them unlawfully from a home which they have owned and resided for 23 years by using forgery of Kevin L. Williams name and signature on order of sale as someone tried to force sheriffs sale by signing order with initial only ( K W) using pretender lenders, robo signers, strawman , foreclosure mills , defunct trust, and trustees, fraudulent appraisal , and 14 forgeries of attorney Kevin L. Williams name, fabrication, of surrogate signings , misreprentation, fake and counterfeit Allonge Notes and negotiable instrumentalities. [Whoever, with intent to defraud, falsely makes, forges, counterfeits, or alters any obligation or other security of the United States, shall be fined under this title or imprisoned not more than 20 years, or both. (18USC 471)] and fake notaries, fake affidavits, fake title insurance written by Manley Deas Kochaski LLC on national known Chicago Title Papers without their knowledge , using their in house title company Allondian Title located in the same office in Columbus Ohio, 18 U.S.C. § 514 : US Code – Section 514: Fictitious obligations, this has to be one of the worst cases of fraud before the FBI in its long distinguished history.

    Currently there is a fraudulent lawsuit and judgment against them, (Kenneth S. Taylor Alycia A. Taylor), filed by Plaintiffs attorney (Kevin L. Williams of Manley Deas Kochalski LLC. Located in Columbus Ohio, P. O. Box 165028, 43216-5028 for DEUTSCHE BANK NATIONAL TRUST COMPANY AS TRUSTEE FOR CERTIFICATEHOLDERS OF SOUNDVIEW HOME LOAN TRUST 2006-OPT2 ASSETS-BACKED CERTIFICATES, SERIES 2006- OPT2 , who have never proved they had standing to file the lawsuit and has told courts the note is lost missing or stolen and assignment was submitted to court after lawsuit was filed , and produced after allege transfer of property , a fake assignment fraudulent sham , defective, false , and misleading , document which was deemed as such by the United States District Court Judge Sara Lioi on November 8, 2007 See Exhibit ( D) enclosed , that assignment was robo signed and fake and forgery provided to courts used as evidence in courts by and though Kevin L. Williams and Manley Deas Kochalski LLC. As is every document before the court in this case. The fake, forgery, robo, signed , documents have been used to commit civil and criminal conspiracy , mail fraud, forgery, identity thief, nothing is original or authentic its all falsely made by crime lab LPS. And was not produced until the courts needed it to foreclose, the attorney just orders any documents the court needed from the crime lab LPS, Docx, this is a nationally well known fact , the attorney’s just order fake documents from this crime lab and did not get the phony documents and affidavits unless the court required them and the documents don’t reflect the actual transactions that occurred the attorney Kevin L. Williams willingly and knowingly produced and provided Ohio courts both Federal and state with fraudulent documents , which are more fully describe in documents enclosed in this package. Moreover Kevin L. Williams and his law firm has conspired and filed 14 variations of his signatures on sworn legal important documents with state and federal courts in a elaborate scheme to unlawfully take the Taylor’s real property, the signatures contain no power of attorney , the law firm is a national known Foreclosure Mill, That uses robo signatures from foreclosure Counsel of Manley Deas Kochalski and Kevin L. Williams , Thompson Hine and Robin Wilson who violated the following rules regulations statues, an treaties of OHIO and U.S.FEDERAL LAW TITLE 18, 18 U.S.C. § 1343 CHAPTER 6 WIRE FRAUD, MAIL FRAUD; Regulation Z Sec. 226.1 Authority, purpose, coverage, organization, enforcement and liability. Complaints to Akron Bar Associations, Cleveland Bar Associations , Columbus ,Bar Association , and The Supreme Court of Ohio Disciplinary Counsel all yieldeied the same results an occasional admittance of unlawfully practice, but the Bar Associations all stated it was a widely accepted practice for attorney’s to forge, use forge signatures , allow others in office to forge their names, allow some unknown people in there office to sign someone else name to a legal court document especially given the fact this attorney has never made a single appearance to court in 4 years, and has not been able to be reached by phone in 4 years the Akron Bar Association attorneys says Kevin L. Williams does not have to answer my phone call, and can allow other to try to mimic his signatures as long as he has given them permission to do so , this is violation of federal laws that govern forgery , for some one to forge attorney Kevin L. Williams signature on documents to sale the Taylors home in a sheriffs sale is illegal, corruption, criminal conspiracy, and the Bar Associations said this was legal and found no wrongdoing , See Exhibit (H) correspondence from various Bar Associations in Akron, Cleveland, and Columbus who and said attorney’s can break the law and forge each other signatures. For the sake of convenience, Essential saying Kevin L. Williams is above the law. We believe these are jail able offenses crimes of forgery and violates the law and treaties of the United States and carry prison sentences the absolute proof is included the records and complete letters are available in Bar Association files the foreclosure Counsel of Manley Deas Kochalski and Kevin L. Williams , Thompson Hine and Robin Wilson violated the following rules regulations statues, an treaties of OHIO and U.S.FEDERAL LAW TITLE 18, 18 U.S.C. § 1343 CHAPTER 6 WIRE FRAUD, MAIL FRAUD; Regulation Z Sec. 226.1 Authority, purpose, coverage, organization, enforcement and liability.

    The judge Tom Parker while case was in state court conspired with the plaintiff’s attorney Robin Wilson of Thompson Hine LLP in a joint effort to destroy defendants counterclaim. The judge directed her to draft a false and misleading statement in a previous Final decree of foreclosure. Robin Wilson did so knowingly and willingly by inserting false claims of judge that he had considered defendants counterclaim is his motion granting plaintiff summary judgment which is void because of fraud of the courts and judge a lying officer of the court… Robin Wilson drafted and sent a letter dated September 28,2009 to Judge confirming the act of conspiracy and her participation as such. The letter states per verbatim “Enclosed, in response to your telephone request, is a revised Judgment Entry and Decree in Foreclosure so as to include Defendants’ Counterclaim and Plaintiffs’ Reply to Counterclaim”. Signed by Robin Wilson. See Exhibit (A). These representations were false and defendants knew the falsity of these statements at the time they were made. The judge never once mentioned defendants counterclaim, prior to this directive, nor is there any evidence the judge has reviewed the counterclaim. This was a wicked scheme perpetrated against defendants specifically, strategically and systematically, the judge lied in effort to deprive defendants of their rights to homeownership. Judge and Robin Wilson have given false and material declarations to the trial court violating federal laws under 18 U.S.C.1623 which is a both a criminal and civil act of conspiracy against defendants. Moreover COURT OF APPEALS NINTH JUDICIAL DISTRICT C. A. NO. 25281 agreed with the plaintiffs that judge erred essentially confirmed he lied and reversed and remanded case back to trial court. Judge Tom Parker is an Officer of the court THIS VOIDS STATE COURT FINDING OF SUMMARY JUDGMENT, ITS NULL AND VOID FOREVER.

    We now and at last pray by the grace and mercy of almighty God, and ask that this High Federal Bureau of Investigations intervene and look into these matters asap.

    Respectfully, Submitted By,
    Kenneth S. Taylor

    Kst.

    Ps. Exhibit (H) is page (2) two of a two page letter by Heather M. Zirke the Assistance Counsel of Akron Bar Association who says forgery of another signature 14 times is legal and accepted practice in law. Page one is missing just ask her to send you copy of the original letter in which she defended and justified these forgeries of Kevin L. Williams signature.

    Also a letter from Cleveland Bar Association that says other lawyer’s in his office may forge legal documents by signing Kevin L. Williams name as though they are him to unlawful order of sale.

    All other documents are self explanatory , and are excerpts from trial documents from United States Sixth Circuit Appeals Court and the original Complaint filed against these parties in federal District Court the evidence is overwhelming and compelling in which judges had a sworn duty to report under 18USC (4) and have themselves committed Felonies for not reporting to F.B. I.

  8. Right on, ANONYMOUS.

  9. Wait a minute — “Wall Street and big banks are making money” — yes, CEOs have and do make money — but, so did the “security investors” in the Wall Street and big banks — for years. Security investors made money for years during the big fraud heyday. And, when victims finally cry fraud — security investors whine because they can no longer get 13% (or more) on (fraudulent) investments — and their equity investments in Wall Street and big banks – have drastically been cut.

    “Pay us Back” — for what??? Wall Street no longer able to pay you a usury rate because victim homeowners have wizened up!!!

    I have a suggestion — every single “security investor” and CEO that earned a penny on the fraudulent “mortgage loan” fiasco should pay everything they earned back to the homeowner victims. Security investors, as much as CEOs, never had a right to earn fraudulent returns on fraudulent transactions .

    As to “investors” — who fraudulently “funded” collection rights on false mortgage loans — this demands DOJ full investigation.

  10. If you don’t help these good people, DON”T COMPLAIN !

  11. More folks who are fed up:

    “On Monday afternoon at 12:00 p.m., a group of protesters organized under the umbrella of the “Make Banks Pay California” campaign picketed a foreclosure sale at the Alameda County Courthouse located at 1225 Fallon Street, Oakland California.”

    http://www.nakedcapitalism.com/2011/09/protestors-disrupting-foreclosure-auctions-in-california.html

  12. Pilots and postal workers have now taken a stand with the protestors. Yet I have heard nothing of this on the MSM and if you are fortunate to get a 5 second blip, they show the unkempt protestors (I personally have nothing against the unkempt if they are protesting Wall Street!) to make it seem like its only a freak show and not many people and no one of importance is participating. Goebbels would be proud of our bankster-owned mainstream media.

    http://4closurefraud.org/2011/09/28/photos-airline-pilots-protest-on-wall-street-tuesday-september-27-2011-occupywallstreet/

  13. AND I’m still waiting for at least ONE of you law-doGs (NEIL!!!), preferably ALL of you, to opine one way OR THE OTHER, on filing writs of mandamus/prohibition against the AG’s to force them to perform their duties by thoroughly investigating and prosecuting crimes perpetrated by the banks, and preventing them from cutting deals without thorough investigation – my understanding is that these are administrative functions and fall under the purvue of such writs.

    And same for mandamus against the official, in GA I believe it’s the Superior Court Clerk of each county, responsible for collecting the fees MERS has dodged, forcing them to file suit to collect.

    And same for having the attorney (non-judicial) on the steps that sells or even starts to cry out the sale, arrested for applicable theft and criminal intent charges after you have put the attorneys/lender on notice of PROVED forged docs (such as assignment) in the chain of title. Also, by same logic, can’t you have everyone in the attorney’s office that is legally capable of being culpable, that you can prove “touched it”, arrested for criminal intent when they tell you in writing (or a recorded phone call) that they are not cancelling the sale, even considering the forged docs.

    You guys bark it up ten different ways to Sunday about various legal aspects of all this, from one extrme to the other; why won’t you come down on these issues?

    I’ll be in court and swearing out criminal warrants within the WEEK if viable.

    HOW ABOUT IT?!?!?

    ,evoL
    doG

  14. I’ll join! By the way, I received an e-mail today from Eric Schneiderman’s office. Here is the e-mail and PLEASE support him (although I know I’m preaching to the choir here)

    “Dear Friend,
    Thank you for recently contacting my office regarding the latest developments in the 50-state national settlement of the mortgage probe.
    Though I was elected to work on behalf of New Yorkers, I am pleased that in pursuit of justice my office positively impacts the lives of all Americans. To that end, I am deeply committed to pursuing a full investigation into the misconduct that led to the collapse of America’s housing market, and to seeking a resolution that gives homeowners meaningful relief, allows the housing market to begin to recover, and gets our economy moving again. Too many of our families have suffered for my office to sign onto an inadequate settlement that gives banks and others broad release from further legal action. As Attorney General, I pursue cases and settlements based on facts, so any agreement must not prevent those investigating the mortgage crisis from following the facts wherever they lead.
    Again, thank you for contacting my office. Please continue to stay engaged on this issue by contacting my Albany offices at (518) 474-7330, or by sending your comments to me on my website. You may also follow me on Twitter or Facebook.”

  15. The new site needs to have James Brown’s “The Big Pay-Back” playing in the background…one line in particular is an apropo msg from all the inexperienced pro se litigants to the powerful and experienced bank lawyers – “I don’t know KA-RA-TE, but I know CA-RA-ZAY!!!…”

    THE BIG PAY-BACK!!!

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