So much is going on! We’re working with a new student debt chapter at UC Berkeley, the Post Office resistance is going strong, Fed Up is getting stronger, and there are developments in the Richmond, CA eminent domain campaign. So why wouldn’t you want to come be part of it all?
We’ll be at the Applied Research Center, 900 Alice Street in downtown Oakland, from 3pm to 5:30 pm.
See you there!
Whether you come at 2:30 or at 3, join Strike Debt Bay Area in working on some exciting projects locally and nationally to fight unjust debt, including:
– The latest on our very fruitful coalition efforts to Save the Berkeley Post Office and fight the privatization of our commons.
– The latest on our efforts to help Richmond and NGO allies push for principal reduction for Richmond’s homeowners. Read an article written by two Strike Debt Bay Area members on the Richmond principal reduction / eminent domain case.
— Our explorations of how a public bank to help Richmond, CA and other communities escape the thrall of Wall Street … and how that relates to saving the Post Office.
- Our regular radio segment on KPFA
– Other projects include efforts to fight against student debt in conjunction with peeps at UC Cal via a Strike Debt UC Berkeley chapter, a book group with semi-weekly discussions, investigations into the legitimacy of mortgage ownership and therefore the right to foreclose, efforts to thwart payday loan usury and more.
Come chat with us!
We’ll be on the Richmond Greenway on Monday, January 20, from 1-2 pm, tabling and talking about Strike Debt. You are not a loan!
We are living in the cruel grip of a creditocracy—where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. The implications of mass indebtedness for any democracy are profound, and the historical record shows that whenever a creditor class becomes as powerful as Wall Street, the result has been debt bondage. Following in the ancient tradition of the jubilee, activists have had some success in repudiating the debts of developing countries. The time is ripe for a debtors movement to use the same kinds of moral and legal arguments to bring relief to household debtors in the North, and to create an alternative economy, independent of the debt-money system,
Andrew Ross is Professor of Social and Cultural Analysis at NYU, and an activist with Strike Debt, the Rolling Jubilee, and the Occupy Student Debt Campaign. He is the author of many books, including, most recently, Bird on Fire: Lessons from the World’s Least Sustainable City, and Nice Work If You Can Get It: Life and Labor in Precarious Times
January 27 - 7:00pm
San Jose Peace and Justice Center, 48 South 7th St, San Jose
We will discuss the first ten chapters of William Greider’s classic “Secrets of the Temple”. This comprehensive 1987 history of the Federal Reserve is essential background reading for understanding the Great Financial Crisis of 2008, the Occupy movement, “Quantitative Easing”, and how to respond to today’s politics of austerity and pension theft.
More info here.
"Just as bosses are dependent on workers, so are lenders dependent on borrowers. If workers walk out, the enterprise stops. If borrowers refuse to pay their debts, the lenders could be in real trouble. Each side depends on the other. The millions of underwater mortgage holders, of student debtors and credit card holders, need the bank loans - but so do the banks need those borrowers, and they especially need them to cooperate by paying their monthly charges. Otherwise, the capital that the banks list on their books begins to drain away." ~Francis Fox Piven
– Continuing coalition efforts to Save the Berkeley Post Office and fight the privatization of our commons.
– Continuing work with the City of Richmond as it pushes for principal reduction for Richmond’s homeowners. Read an article written by two Strike Debt Bay Area members on the Richmond principal reduction / eminent domain case.
In addition, we are exploring the use of a public bank to help Richmond, CA and other communities escape the thrall of Wall Street.
- Continuing the successful launch of FedUp, our action in coalition with Occupy SF and others to highlight (and Illuminate!) the Fed’s contributions to the ills of our economy. Let’s have a public bank, not another secret Wall Street support cabal.
- Continuing with our radio segment on KPFA
– Other projects:
Efforts to fight against student debt in conjunction with peeps at UC Cal via a Debtors’ Union,
A book group with semi-weekly discussions
Investigations into the legitimacy of mortgage ownership and therefore the right to foreclose,
Working on thwarting payday loan usury
Working on livable minimum wages
Check out our website, our Facebook, and follow us on Twitter.
In front of the Staples store
2352 Shattuck Ave., Berkeley
The Berkeley Post Office and post offices all over the US
are under threat of being fraudulently sold!
In a new attack, US postal services have been snuck into 84 Staples stores all over the country - including Berkeley. Postal services are being provided by low-wage Staples employees, not living-wage Postal professionals.
Please join us to:
· Oppose privatization of the US Postal Services and all public resources. Privatization brings higher prices and worse quality.
· Oppose union busting - replacing union jobs with low paying jobs that offer poor or no benefits.
(USPS compensation: $20-$30/hr + benefits. Staples: $8 - $12/hr, few if any benefits.)
Non-union pay lowers everyone’s standard of living.
Support Berkeley Post Offices