When faced with questions from Iowa CCI and other concerned Iowans, Mitt Romney stammered, "corporations are people, my friend." Today, Iowa CCI offers a video response.
After a ten minute speech in which Mitt Romney tried to blame the financial crisis entirely on the President and regulations, Iowa CCI members simply couldn’t take the hypocrisy any longer and spoke out. Click below to read more.
Last night Jordan Estevao, Bank Accountability Director for National People's Action, a member organization of The New Bottom Line, gave a terrific interview on the DC-area nightly news.
As the House scrambled to pass a shameless debt ceiling deal on Monday, members of New Bottom Line affiliates National People's Action, VOCAL-NYC. and Community Voices Heard chanted in the chamber and stopped the debate until police stepped in to make arrests. Click on the picture below to hear audio of the protest.
This week we asked you to share your vision for what a New Bottom Line could mean to your community. The response was pretty overwhelming. You can see all the responses that we've posted so far by clicking here.
Here's what some of you had to say:
I see a country where it is still noble to WORK. We need decent and living wage paying jobs.Talk about revenue. I can"t pay income taxes if I have no income! Payday lending is already immoral and should be illegal. Housing should be an affordable and fair contract, not another opportunity for Jamie Dimon to buy a new suit.I don"t want to steal from the rich and give to the poor. I want the wealthy people who benefit from middle class work and production to pay an increased amount into our system without sleazy loopholes and excuses.
My vision for a New Bottom Line is to go back to what historically has been proven to work -- the New Deal of FDR! We were once a country of WORKERS, and we were all in it together. We protected our workers with tariffs, the wealthiest paid up to 90% in taxes on the top level, CEOs made a salary more in line with their value, which was based on workforce production. There are no profits without a strong workforce!Click here to read more visions for a New Bottom Line.
From TakeAction Minnesota: On Thursday, July 21st, Minnesotans gathered in the State Capitol Rotunda to speak out about the state budget resolution that has big banks, health insurance companies and multi-millionaires making profits while schools, working families and kids are forced to make do. Some in the crowd dressed up as millionaire bankers: wearing tuxedos, toasting each other with champagne and carelessly tossing their new profits around.
What’s the matter with Washington? As the debt ceiling fight rages on, politicians in Washington continue to miss the point. Big banks and Wall Street plunged our country into an economic free fall through rampant tax evasion, mortgage fraud and more. Millions of people have had their homes, their jobs, and their social safety net ripped away. But all that seems to matter in Washington is protecting Wall Street’s bottom line.
That’s why this summer, national, state and local organizations are coming together under the banner of The New Bottom Line -- a campaign to change the idea of what a strong economy looks like and put the interests and financial security of working people first.
Members of SEIU and No One Leaves packed the Springfield City Hall to support the passage of a foreclosure ordinance that will raise the fee on banks from $100 to $10,000 for every foreclosure in the city and require banks to negotiate with owners through city-led mediation.This could raise a million dollars for the city and prevent future foreclosures. The ordinances need a final enactment vote (expected in August), but got unanimous support last night -- nothing like a packed gallery and the sweet taste of victory!
On Saturday, the city of Des Moines closed off ten blocks of city streets leading to the governor's mansion for the People's March, demanding an end to Governor Branstad's corporate agenda for Iowa.
We'll be sharing pictures from Iowa Citizens for Community Improvement and other groups who helped lead the march on our Facebook page throughout the day. Way to go Iowa, for taking a stand for a New Bottom Line!
The city of Des Moines will close ten blocks of city streets tomorrow while hundreds of protestors march to the Governor's mansion to speak out against Governor Branstad’s corporate agenda. A coalition of groups hosted by the Iowa Citizens for Community Improvement will close Grand Avenue between 18th and 28th streets Saturday afternoon, between 2-4:30pm local time.
“Hundreds of everyday people from community organization and labor unions across the state of Iowa will march on Terrace Hill Saturday to demand a more just and democratic Iowa that puts communities before corporations and people before profits, politics and polluters,” said Garry Klicker, an independent family farmer and Iowa CCI member from Davis County.