[act-ma] April 3: March on Wall Street and AIG

Bail Out the People Movement - Boston bopmboston at gmail.com
Mon Mar 30 13:26:58 PDT 2009

April 3 & 4: March on Wall Street <http://www.bailoutpeople.org>
Endorse April 3 & 4 <http://www.bailoutpeople.org/wallstendorse.shtml> | 
Become a Local Organizer for April 3 & 4 
<http://www.bailoutpeople.org/wallstvolorgcent.shtml> | Find an Apr 3-4 
Organizing Center Near You 
Donate <http://bailoutpeople.org/donate.shtml> | Download BOPM Working 
Paper <http://bailoutpeople.org/Workingpaper.pdf>

*In this email:*

    * *Bus Information from Boston and Providence*
    * *Bail Out the People Movement Statement on AIG and the Latest
      Bailout Plan*
    * *Information about the April 3 March on Wall Street*

/*Reserve your seat on the Bail Out the People Movement buses from 
Boston, MA and Providence, RI* 
<http://www.iacboston.org/040309/apr3-4bus.html> *to the April 3 and/or 
April 4 March on Wall St. - Tickets are $30 + $5 suggested donation for 
the Transportation Subsidy Fund*
*March on Wall Street & AIG on APRIL 3: Bail Out People,** Not Banks!*
April 3 March on Wall Street <http://bailoutpeople.org/>
Main focus of March:

    * The need for a real jobs program
    * A moratorium on foreclosures and evictions

The April 3 March on Wall Street will begin with an opening rally at 
1:00 PM at Wall Street and Broadway, followed by a march to AIG at 70 
Pine St. /(see details below)


*The Bail Out the People Movement Statement on AIG and the Latest Bank 
Bailout Plan*

    * The new plan still bails out banks, not people
    * AIG outrage must fuel a struggle for a real jobs program

On Friday, April 3, the Bail Out the People Movement, a growing 
coalition of hundreds of organizations and thousands of activists, will 
march on Wall Street and AIG. Protesters on April 3 will bring demands 
for a real jobs program, a moratorium on foreclosures, and other 
necessary programs for bailing out the people, not banks and Wall Street 
financial institutions.

The growing anger over the AIG bonus bonanza, outrageous as it is, is 
really about the fact that trillions of dollars are being deployed to 
rescue the wealthiest on Wall Street, while the unemployment and 
foreclosure rates continue to head towards depressionApril 3 March on 
Wall Street <http://bailoutpeople.org> levels.

The mass anger at Wall Street will be wasted unless it is used to focus 
on the real crisis.

At the April 3 March on Wall Street, the Bail Out The People Movement 
will open a nationwide petition campaign for an emergency jobs program 
on the scale of the Work Projects Administration of the 1930s. The 
stimulus legislation is far too little to make even a dent in the 
estimated 20 million people who are jobless or underemployed. The 
unemployed need a real jobs program, and they need it now.

The April 3 Wall Street march will also focus attention on the need for 
an immediate national moratorium on foreclosures and evictions. Such a 
moratorium should have been put in place two years ago. It is 
unacceptable and scandalous, considering the historically unprecedented 
level of government interventions and control of the mortgage industry 
and the banks, that the government has failed to order an end to evictions

Taxing multimillion dollar bonuses, putting a cap on corporate pay, and 
new regulations on the banks may be good ideas, but they are no 
substitute for a jobs program of sufficient scope and size to stop and 
reverse the unemployment crisis.

Moreover, the measures being proposed in Washington are no substitute 
for a vitally necessary single-payer health care program for all or the 
need for the passage and signing into law of the Employee Free Choice 
Act, so that working people will be better able to organize and defend 
themselves against the robber barons of Wall Street.

The  new so-called public/private bank bailout plan is a thinly veiled 
attempt to make it appear as though private investors will share the 
burden of bailed out banks. With the new plan, 90 percent of bailout 
funds, or at least one trillion dollars,April 3 March on Wall Street 
<http://bailoutpeople.org> will come from the government.

The new plan is premised on exact same rational as the last bank bail 
out plan. The government will continue to pump trillions of dollars in 
to the banks until the banks are declared fixed. In the meantime, the 
lives of tens of millions more people are going to slide into 
life-threatening poverty.

The time has come for this rationale to be rejected. The idea that some 
banks are too big to fail but untold millions of peoples' lives can be 
devastated, or that profits must come before the welfare of the people, 
are not commandments from heaven but rules made down here on earth to 
protect the interest of the few against that of the many.

Henceforth, the fight must be about reversing the flow of government 
money away from the banks and into social needs.

Dr. Martin Luther King Jr. dedicated the last year of his life to trying 
to open up what he considered the second phase of the civil rights 
movement: the fight for economic justice. King's main focus in the few 
months of 1968, before being gunned down on April 4, was to win public 
support for the right of all to either a job or an income.

As King planned the poor peoples' march on Washington in those final 
weeks, nowhere did he ever mention that the need and the right to a job 
or an income must be based on the solvency of JP Morgan Chase, Citicorp, 
Bank Of America, Wells Fargo, Goldman Sachs, etc. and their power to 
turn the economy on and off depending on what makes them richer.

The message that thousands of marchers will bring to Wall St. on Friday 
April 3, the day before the 41st anniversary of King's death, is that 
society can no longer allow for jobs, housing, healthcare and all that 
people need to be held hostage to the arrogance, greed and power of bankers.

In addition to the need for a real jobs program and a moratorium on 
evictions, some of the other issues that the April 3 march on Wall St. 
will be drawing attention to include:

    * The need for an immediate moratorium on layoffs and cuts in social 
    * Opposition to tuition hikes and public transportation fare hikes
    * Single payer health care for ALL
    * Support the Employee Free Choice Act
    * Support the rights of immigrant workers
    * An end to wars and occupations

*** Building a national march requires printing tens of thousands of 
leaflets, posters, and stickers, as well as preparing placards and 
banners and providing sound for the rally and march.  Please consider 
making a contribution to help with organizing expenses at 

_*Information on the April 3 March on Wall Street:
Gather at *1pm *on *Wall Street at Broadway* (map 

Rally on Broadway from Wall Street south to Exchange and block further 
South to the 'Bull'.

We will march through the narrow streets of the New York Financial 
District - Major financial institutions are all along Broadway and 
within one block of Rally - Chase, Fidelity, American Express, the New 
York Stock Exchange, the Federal Reserve, and more.

We will march east on Pine to the AIG Buildings at 70 Pine and 80 Pine 
and then to the AIG Building at 125 Water St.
Then, we will march north on Water Street to Foley Square, for an ending 
rally at 5:15 at Foley Square

*Public Transportation: *(map <http://www.mta.info/nyct/maps/subwaymap.pdf>)
2, 4,  or 5 to Wall Street
R or W to Rector Street
J, M or Z to Broad Street
M1, M6 or M15 to Broadway-Nassau/Fulton Street
NJ PATH trains to World Trade Center and 5 minute walk.

*Bus Drop Off: *on Broadway at Wall Street
*Bus Pick up: *at Foley Square

*Bail Out the People Movement*
Solidarity Center
55 W. 17th St. #5C
New York, NY 10011
www.BailOutPeople.org <http://www.BailOutPeople.org>
Email: bailoutpeople at safewebmail.com <mailto:bailoutpeople at safewebmail.com>

Bail Out The People Movement
bopmboston at gmail.com
<mailto:bopmboston at gmail.com>http://bopm-boston.blogspot.com

*National Office
bailoutpeople at safewebmail.com
<mailto:bailoutpeople at safewebmail.com>http://www.BailOutPeople.org
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