About The New Bottom Line
American families are struggling while the big Wall Street banks that destroyed the economy are raking in record profits.
Too many politicians are catering to Wall Street. Their concern? Wall Street's Bottom Line.
We need a new bottom line that puts the economic interests and financial security of working American families first.
The New Bottom Line is a national campaign fueled by a coalition of community organizations, congregations, labor unions, and individuals working together to build a movement that challenges established big bank interests on behalf of struggling and middle-class communities.
Together, we work to restructure Wall Street to help American families build wealth, close the country's growing income inequality gap and advance a vision for how our economy can better serve the many rather than the few.
This campaign is organized by a coalition of community, faith-based and labor organizing groups including:
PICO National Network and affiliates:
- PICO California
- People Acting in Community Together San Jose (PACT San Jose)
- L.A. Voice
- Oakland Community Organizations (OCO)
- Inland Congregations United for Change Inland Empire (ICUC)
- Contra Costa Interfaith Supporting Community Organization (CCISCO)
- Together Colorado
- Communities Creating Opportunity Missouri (CCO)
- PICO Florida
- Federation of Congregations United to Serve Orlando (FOCUS)
- Brockton Interfaith Community (BIC – MA)
- Communidades en Accion y de Fé (CAFé New Mexico)
Alliance for a Just Society and affiliates:
- Main Street Alliance
- Colorado Progressive Coalition (CPC)
- Idaho Community Action Network (ICAN)
- Oregon Action
- Progressive Leadership Alliance of Nevada (PLANevada)
- Washington Community Action Network (Washington CAN)
National People's Action and affiliates:
- Alliance to Develop Power (ADP)
- Central Illinois Organizing Project (CIOP) / Illinois People's Action
- Communities United for Action (CUFA)
- Community Voices Heard (CVH)
- Fuerza Laboral
- Good Old Lower East Side (GOLES)
- Grassroots Organizing (GRO)
- Illinois Indiana Regional Organizing Network (IIRON)
- Iowa Citizens for Community Improvement (Iowa CCI)
- Lakeview Action Coalition
- Mahoning Valley Organizing Collaborative (MVOC)
- Maine People's Alliance
- Michigan Organizing Project (MOP)
- Northeast Alliance for Hope (NOAH)
- Northside P.O.W.E.R. (People Organized to Work, Educate & Restore)
- Northwest Bronx Community & Clergy Coalition (NWBCCC)
- Northwest Indiana Federation of Interfaith Organizations (NWIFIO)
- People Organized for Westside Renewal (POWER)
- People United for Sustainable Housing (PUSH Buffalo)
- Rights for All People (RAP) / Derechos Para Todos
- South Austin Coalition Community Council (SACCC)
- Southside Organizing for Unity & Liberation (SOUL)
- Sunflower Community Action (SCA)
- Syracuse United Neighbors (SUN)
- Take Action Minnesota
- Teach Our Children (TOC)
- The AMOS Project (TAP)
- Voices Of Community Advocates & Leaders (VOCAL - NY)
- Working In Neighborhoods Action Organizing Project (WIN-AOP)
Right to the City and affiliates:
- City Life/Vida Urbana
- Alternatives for Community and Environment
- Boston Worker's Alliance
- Chinese Progressive Organization - Boston
- ARISE for Social Justice
- Springfield No One Leaves
- Committees Against Anti- Asian Violence
- Community Voices Heard
- FIERCE
- FUREE (Families United for Racial and Economic Equality )
- Good Ole Lower East Side (GOLES)
- Jews for Racial and Economic Justice
- Make the Road NY
- Mothers on the Move
- Picture the Homeless
- Queers for Economic Justice
- Teachers Unite
- VOCAL NY
- Mid-Hudson Valley No One Leaves
- Padres y Jovenes Unidos
- Colorado Progressive Coalition
- Causa Justa/ Just Cause
- People Organized to Win Employment Rights
- Coleman Advocates
- Chinese Progressive Organization - San Francisco
- People Organizing to Demand Environmental and Economic Rights
- South of Market Community Action Network
- East LA Community Corporation
- Esperanza Community Housing Corporation
- Koreatown Immigrant Workers Alliance
- Strategic Actions for a Just Economy
- Union de Vecinos
- DARE (Direct Action for Rights and Equality)
- Environmental Justice League of Rhode Island
- Olneyville Neighborhood Association
- Florida New Majority
- Miami Worker's Center
- Power U Center for Social Change
- South Florida Jobs with Justice/ Vecinos Unidos
- Safe Streets Strong Communities New Orleans
- Families for Friends of Louisiana's Incarcerated
- Missourians Organizing for Reform and Empowerment
- Chattanooga Organized for Action
- VA New Majority & Education Fund
- Tenants and Workers United
- Occupy Our Homes- Atlanta
Ian Pajer-Rogers
published Occupy Homes Forecloses on Freddie Mac Luncheon in Blog
2012-06-08 16:49:01 -0400
Occupy Homes Forecloses on Freddie Mac Luncheon
Yesterday in Bloomington, community leaders with Occupy Our Homes Minnesota surprised dozens of Freddie Mac employees at a corporate luncheon. The protesters "taped off the entrance and plywooded the doors to their scheduled 'Default Servicing Workshop.'"
Freddie Mac and PNC Bank have been working to evict the Cruz family from their home after a wrongful foreclosure based on a glitch in PNC's own system. Last month, more than 20 people were arrested in peaceful resistance to the Sheriff's unsuccessful attempt to evict the Cruz family.
Read the press release from Occupy Our Homes Minnesota detailing the action below:
New Bottom Line co-director Tracy Van Slyke leads panel at NetRoots Nation 2012 | The Heart of the Beast: How the Grassroots is Taking on Big Banking
Tracy Van Slyke, co-director of The New Bottom Line, opens NetRoots Nation 2012 in Providence, RI. Read more to see the video.
Ian Pajer-Rogers
published Campaign for a Fair Settlement & New Bottom Line Launch Online Ad Campaign Targeting OFA Offices in Swing States in Press
2012-06-01 17:57:03 -0400
Campaign for a Fair Settlement & New Bottom Line Launch Online Ad Campaign Targeting OFA Offices in Swing States
Housing Groups Urge President to Act Now on Wall Street Accountability and Grant Large-Scale Mortgage Principal Reduction for Underwater Homeowners
(Washington, D.C.) The Campaign for a Fair Settlement (CFS) and The New Bottom Line (NBL) today launched an Internet advertising campaign to pressure President Obama to hold Wall Street accountable for the foreclosure crisis and require big banks to pay back underwater homeowners through large-scale principal reduction.
The campaign includes $20,000 in Google and Facebook ads in six swing states: Colorado, Florida, Nevada, North Carolina, Ohio, and Pennsylvania. The ads drive viewers to post a message on the Facebook pages of state OFA offices that says: “President Obama: I am a voter. I want Wall Street criminals held accountable and I want the big banks to pay us back. Do what’s right for Americans!”
Ian Pajer-Rogers
published HUD Secretary Shaun Donovan Announces to National People’s Action New Director of Mortgage Fraud Task Force in Press
2012-05-21 16:43:00 -0400
HUD Secretary Shaun Donovan Announces to National People’s Action New Director of Mortgage Fraud Task Force
NPA, New Bottom Line urge new director’s name to be revealed and assurances that director will hold Wall Street accountable and push banks to provide restitution for homeowners
Washington, D.C. – While addressing the 40th annual National People’s Action’s conference, HUD Secretary Shaun Donovan said today that a director has been appointed to the newly-created Mortgage Fraud Task Force. Watch 7 second clip: http://www.youtube.com/watch?v=ItcMSEthf8I&feature=youtu.be
In light of this information, NPA and The New Bottom Line call on the Obama Administration to make the name of the director public.
Ian Pajer-Rogers
published Timeline of the Action: Bank of America Shareholder Meeting in Blog
2012-05-09 14:12:00 -0400
Timeline of the Action: Bank of America Shareholder Meeting
Today, scores of leaders from The New Bottom Line joined hundreds of other 99%ers to protest Bank of America at the mega-bank's annual shareholder meeting. The action started with a boxing match between "Brian Moynihan" and Ms. 99% and ended with a hundred shareholders mic-checking Brian Moynihan as they left the shareholder meeting. See a timeline of all the action below!
UPDATE: Here's a video surreptitiously filmed inside the meeting itself:
Ian Pajer-Rogers
published Countdown to Charlotte: Action at Bank of Americas across the country a preview of shareholder meeting protests in Blog
2012-05-08 19:38:00 -0400
Countdown to Charlotte: Action at Bank of Americas across the country a preview of shareholder meeting protests
With less than 24 hours before thousands of 99%ers will converge on the Bank of America shareholder meeting in Charlotte, those who couldn't be in Charlotte took action from coast to coast today to highlight Bank of America's abusive corporate record.
New York
In New York, community, labor and clergy leaders in New York City converged on the Bank of America tower at 42nd Street and 6th Avenue. The action included 8 community, labor and clergy leaders holding a giant black banner that read, “Bank of America Bad for America” across 42nd Street, peacefully blocking traffic until they were arrested.
