[Occupymendocino] Stop financing hatred?

[Richard Karch]

is there anything Occupy Mendocino can do?

https://www.charlotteobserver.com/news/business/banking/article217134210.html

As controversy over President Donald Trump’s immigration detention policies continues to rage, Charlotte’s two big banks have found themselves swept up in the strife. 


Bank of America and Wells Fargo are among the banks that do business with two firms that manage immigration-detention facilities. Those firms, Tennessee-based CoreCivic and Florida’s GEO Group, are publicly traded companies and the largest private-prison operators in the U.S.

It’s that connection which has made the banks targets of activists demanding they sever those ties. As recently as last week, demonstrators entered the uptown Wells Fargo branch at Tryon and Third streets to deliver a letter of protest.

The critics argue the banks are playing a role in separating immigrant families as well as benefiting financially from prison firms whose business model involves detaining immigrants.


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“Our message to those people, to those banks, is stop financing hatred,” said Héctor Vaca, of Action NC <http://www.actionnc.org/>, a nonprofit that organized Charlotte protests this year, including last week’s, to call attention to the banks’ financing. Last week’s letter, which was also addressed to JPMorgan Chase, was signed by more than 100 groups.

“Stop financing cruelty, stop financing the caging of families,” Vaca said. “Banks that are funding this type of behavior are encouraging it, they’re encouraging all these attacks on immigrants, encouraging President Trump’s war on immigrants.”

CoreCivic, based in Tennessee, and Florida’s GEO Group, own and manage immigration detention centers across the U.S. They also have other businesses, such as owning and managing correctional facilities.

This summer, the banks’ connections to the companies ignited protests in several U.S. cities.

In July, demonstrators gathered outside the New York home of JPMorgan CEO Jamie Dimon, CNN reported <https://www.cnn.com/2018/07/25/us/immigration-protest-banks/index.html>. That same month, advocates for immigrants demonstrated outside the New Jersey home of a Wells Fargo board member, CNN and other outlets <https://www.northjersey.com/story/news/new-jersey/2018/07/24/immigration-protesters-rally-outside-wells-fargo-board-members-house/821636002/> reported.


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Happening now: Immigrants and activists outside of the condo of @Chase <https://twitter.com/Chase> CEO Jamie Dimon playing the recordings of the children from detention centers demanding that they stop financing hate #BACKERSOFHATE <https://twitter.com/hashtag/BACKERSOFHATE?src=hash> #FamiliesBelongsTogether <https://twitter.com/hashtag/FamiliesBelongsTogether?src=hash> @MaketheRoadNY <https://twitter.com/MaketheRoadNY> @CPDAction <https://twitter.com/CPDAction>

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