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Stories tagged with “99 Percent Movement

Alyssa

Shakespeare and the 99 Percent in ‘Coriolanus’

It’s incredibly striking to watch, Ralph Fiennes’ excellent new cinematic adaptation of Shakespeare’s play about a Roman general turned exile and traitor to his people and himself, Coriolanus, in the midst of a race for the Republican nomination for president, and in the winter of the Occupy movement. To say that it’s a merely 99 percent movement movie would diminish it—and ignore Shakespeare’s intentions to the point of ridiculousness. There’s far too much going on—Roman mothers (and what a Roman mother: Vanessa Redgrave is spectacular as Volumnia), blood feuds (this one, between Martius and Gerard Butler, surprisingly good as Tullus Aufidius), citizens who are easily manipulated and men who think they’re too good to need to earn the public trust.

But Coriolanus is a striking illustration of Shakespeare’s ability to fill whatever space his words are set in. It’s hard to imagine another author who could write a scene of a Roman mother shaming her son into refraining from sacking his home city in an act of poisonous vengeance that would play as well in modern winter coats as it does in togas. And it’s striking to see one of his plays come alive, so vividly transposed to our own time, precisely at the moment that we seem to need it.

In the opening scene of the movie, a group of conspirators come together in a dingy apartment in a bad neighborhood. The First Citizen asks the others, in preparation for a march on grain stores held by the government, “You are all resolved rather to die than to famish?” They could be the General Assembly at an Occupy encampment (the movement could use their graphic design skills, to be sure). The First Citizen’s declaration of Rome’s elite that “They ne’er cared for us yet. Suffer us to famish, and their storehouses crammed with grain; make edicts for usury, to support usurers; repeal daily any wholesome act established against the rich, and provide more piercing statutes daily to chain up and restrain the poor. If the wars eat us not up, they will; and there’s all the love they bear us,” is as perfect an articulation of the pains of rising income inequality today as it was when Shakespeare wrote it, and in the time that he imagined those words spoken.

The contempt the citizens meet with when they confront Caius Martius—the Roman general who, like many Republicans today appears to believe that the military are the only people who deserve a social safety net—is awfully familiar as well. “What’s the matter, you dissentious rogues / That, rubbing the poor itch of your opinion, / Make yourselves scabs?” Martius spits at them. It’s hard not to imagine that America’s beseiged 1 percenters wish they could summon his eloquence in their disdain, though they might stop short at Martius’s diatrabe against popular government, his complaint that by trying to gain the consent of the citizens “we debase / The nature of our seats, and make the rabble / Call our cares fears; which will in time
Break ope the locks o’ the senate and bring in / The crows to peck the eagles.”

And the movie reminded me of something I think at least modern Shakespeare adaptations have in common that’s quite interesting: they’ve redefined banishment as a retreat to poverty. Banishment’s a hard concept in the modern era—as we’ve filled in the land, it’s harder to imagine what it would be like to be cast out of a city state without easy access to the kind of economic, social, or cultural life you once enjoyed within its walls. And it’s also difficult to imagine getting large numbers of people on board with shunning an individual and casting that curse down the years to disadvantage his children as well.

But I think both Coriolanus and Baz Luhrmann’s adaptation of Romeo + Juliet did something fascinating in their depictions of exile: they made Martius and Romeo poor. When Romeo leaves Verona and ends up living in an isolated trailer: it’s ultimately a poverty of information that kills him when he rushes back to kill himself at what he believes is Julie’ts grave. After the people turn on him and he’s banished from Rome, Martius goes homeless, sleeping rough, hitching rides, growing out his hair and beard, and ultimately stalking his great enemy, Aufidius, to his war council. When Aufidius accepts Martius’s allegiance, and shaving his head, welcomes him back into citizenship, it’s a moment so charged, it’s almost erotic. The nature of our punishments may change. But Shakespeare’s words still have the heft and magnitude to express what exile, what inequality, what hunger mean to us across the years.

NEWS FLASH

The Occupy Movement Comes to Archie Comics | Continuing the franchise’s trend of jumping on breaking issues, including equal marriage rights and the end of Don’t Ask Don’t Tell, it looks like Riverdale, New York, home of the Archie comics gang, is about to get occupied. Now, given the long-running rivalry between middle-class Betty Cooper and rich Veronica Lodge (not to mention the super-1 percent-y Cheryl and Jason Blossom), class warfare has always been part of Archie storylines. But it looks like Betty and Veronica’s eternal duel over Archie is about to get kicked up a notch, with Betty and Jughead taking to the streets while Veronica and Reggie find themselves under siege.

NEWS FLASH

Activists Plan To ‘Occupy Koch Town’ In Wichita | About 500 activists are expected this weekend to descend upon Wichita, KS, the home of David and Charles Koch’s Koch Industries. The “Occupy Koch Town” event is a joint effort of the Kansas and Missouri chapters of the Sierra Club and of several nearby Occupy groups, who see the company as a prime example of corporate dominance of politics and science. A Koch spokeswoman told the AP, “This protest is a politically motivated attack and an attempt to harass and demonize an American company.”

Economy

‘Occupy Our Homes’ Looks To Save Fifth Detroit Resident From Foreclosure

This week, Occupy Our Homes, an outgrowth of the Occupy Wall Street movement, successfully helped a 78 year-old former civil rights activist in Atlanta stay in her home, after she was threatened with foreclosure by JP Morgan Chase (while the bank was simultaneously touting its commitment to the values of Dr. Martin Luther King Jr.). Meanwhile, in Detroit, Occupy Our Homes has successfully prevented four foreclosures and is locked in on a fifth, as Michigan Radio reports:

The “Occupy our Homes” movement has taken up the cause of Fred Shrum, another homeowner facing foreclosure in Metro Detroit.

The group is a coalition of anti-foreclosure groups, organized labor, and other activists with the Detroit “Occupy” movement.

So far, their protests on behalf of people facing foreclosure have helped keep four Metro Detroit families in their homes—including one case where protesters blocked a dumpster that came to clear out the house.

Those families were able to re-negotiate terms with their lenders.

Now, the group wants to help Shrum. The Dearborn Heights homeowner sought a mortgage modification when he had to take a pay cut and undergo surgery. But after what he calls a long and confusing back-and-forth with mortgage servicer Wells Fargo, Shrum didn’t get the modification–and now faces eviction.

In cities as far apart as Atlanta, Rochester, and Cleveland, Occupy protesters have prevented foreclosures, which are starting to pick back up again across he country. Foreclosures increased by 8 percent last month, with extremely steep jumps in some states. The New York Federal Reserve has estimated that 3.6 million foreclosures will take place over the next two years.

Economy

Occupy Our Homes Saves Former Civil Rights Activist Helen Bailey From Foreclosure

(Photo credit: Samuel M. Simpkins / The Tennessean)

Helen Bailey, the 78 year-old former civil rights activist who was threatened with foreclosure by J.P Morgan Chase while the company trumpeted its efforts to uphold Martin Luther King Jr.’s legacy, will be able to remain in her home until she passes away after a successful campaign by Occupy Nashville:

I feel like a weight has been lifted off my shoulders,” Bailey said. “I love my home and my community and I am so blessed to be able to stay here. I am thankful for the support of my neighbors and the nation.”

The terms of the agreement from her mortgage-holder, JPMorgan Chase, are sealed, but previous settlement attempts involved a reverse mortgage that would let the new lender sell her home when she dies.

Occupy Nashville took up Bailey’s cause last month and received national attention for their efforts. Bailey was seeking to refinance her mortgage with JP Morgan Chase which would have allowed her to remain in her home for free until she dies, but the bank initially refused.

A petition at Change.org collected over 80,000 signatures, and prominent civil rights activists like Cornel West and Gary Flowers, the Executive Director of the Black Leadership Forum voiced their support for Bailey as well.

Economy

99 Percent Activists Celebrate Valentine’s Day By Breaking Up With Bank Of America

Since the 99 Percent Movement began last fall, activists have pushed consumers to transfer their money from big banks that were at the center of the financial crisis to smaller community banks and credit unions. Thus far, their efforts have been successful. Around 200,000 moved their accounts on “Bank Transfer Day” in November (early estimates of 600,000 were revised down), and in the last 90 days, more than 5.6 million moved their accounts, with more than 600,000 citing Bank Transfer Day as the reason.

Today, to celebrate Valentine’s Day, activists in New York City will target Bank of America, citing the bank’s shoddy consumer record regarding its mortgage lending practices and its support for hazardous environmental practices like mountaintop removal coal mining, according to a press release published at the Paramus Post:

Bank of America loves profits more than people. We, the 99%, want out of this abusive relationship. Bank of America has foreclosed on more homes than any other bank in the United States. On February 14th, Valentine’s Day, housing and environmental activists will break up with Bank of America.

According to the release, activists organized by Mountain Justice, an environmental group, and various groups associated with Occupy Wall Street will gather at New York’s Washington Square this afternoon before marching to a local Bank of America branch and delivering thousands of blue valentines. Bank of America is a “grave threat to US financial stability,” the release says, and it also has “an ugly relationship with the planet: bankrupting the ecosystem with their investments in the coal industry–lending billions of dollars to companies seeking to build new coal-fired power plants.”

Bank of America has been the target of protests over its financial and foreclosure practices, ranging from charging customers fees to withdraw unemployment benefits, foreclosing on homes because of clerical errors, and perpetuating fraudulent foreclosure practices. The bank, meanwhile, has been targeted repeatedly by environmental activists for its connections to Big Coal.

According to one consulting firm, Bank of America is the most susceptible bank to bank transfer protests and could lose up to 10 percent of its customers and $42 billion in customer deposits.

NEWS FLASH

Occupy Wall Street Submits 325-Page Letter On Volcker Rule To SEC | Occupy the SEC, a working group affiliated with Occupy Wall Street, has submitted a 325-page comment letter to the Securities and Exchange Commission calling for the strict enforcement of Section 619 of the Dodd-Frank Act, known better as the Volcker Rule. “Like much of the 99%,” reads the letter, “we have bank deposits and retirement accounts that are in need of protection through vigorous enforcement of the Volcker Rule,” which would impose new limits on the amount of proprietary trading that banks and other financial institutions can legally engage in. The comment letter — which was drafted during weekly meetings held since November — contains over 300 footnotes and 20 pages of proposed improvements to the regulation.

Economy

Hundreds Of Protesters March To Conservative Action Conference To ‘Occupy CPAC’

WASHINGTON, D.C. — Hundreds of protesters, chanting “We are the 99 percent” and waving signs decrying corporate tax dodging and other issues, marched in front of the Marriott Wardman hotel in Woodley Park, the site of the annual Conservative Political Action Conference, this afternoon.

Occupy CPAC, as protesters dubbed it, featured a giant inflatable “corporate fat cat,” and four protesters were dressed in blue and white baseball uniforms (resembling those of the Los Angeles Dodgers) that read “Tax Dodgers,” a reference to presidential candidate Mitt Romney. For more than a half hour, the protesters chanted and marched outside the hotel.

View pictures of the protest:



Many of the conference’s attendees ventured out of the hotel to watch the protests, and as protesters chanted “We are the 99 percent!” one attendee screamed back, “No, you are the bottom one percent!” Others stood around laughing, while one looked to another attendee and said, “G–damn Occupiers. F–k those guys. This is America.”

As a group of protesters attempted to move up the hotel’s driveway toward the entrance, police blocked them and threatened them with arrest for violating public property rights. At that point, members of the media covering CPAC who had gone outside to cover the protest were also forced back into the hotel with threats of arrest. According to one organizer affiliated with the march, roughly 500 protesters participated in the march.

Economy

While Touting Commitment To MLK’s Values, JP Morgan Chase Moves To Foreclose On 78 Year-Old Civil Rights Activist

Last month, JP Morgan Chase — the largest bank in the United States — launched a project to digitize the documents of Martin Luther King Jr. and other civil rights leaders, making them available on the internet. “It’s important for JPMorgan Chase to support Dr. King’s legacy because of the important values he committed his life to promoting, such as equality, equal opportunity, and quality education for all. People like Dr. Martin Luther King are what made America what it is today. The values he espoused are the values that JPMorgan Chase also tries to stand for around the world,” said JP Morgan Chase CEO Jamie Dimon.

But at the same time, as Change.org has noted, the bank is on the verge of foreclosing on a 78 year-old former civil rights activist:

Helen Bailey is a 78-year-old grandmother who participated in the civil rights movement, worked as a childcare provider for autistic children, and was a community volunteer. She has paid her mortgage since 1999, but now she can’t keep up the payments. All she wants is to stay in her home until she dies, in the neighborhood where she feels safe and has lived for nearly quarter of a century. She could have refinanced with a company willing to let her live in the house for free until her death, but Chase Bank would not reduce her principal by $9,000. She’s been paying 7% interest, well above most rates, so Chase could have decided they had made enough. Instead, they have started foreclosure…While Chase tries to tie itself to the incredible legacy of Martin Luther King, who really did believe in communities, Chase tries to throw a grandmother who marched for civil rights out onto the street.

“JP Morgan Chase must practice what it preaches,” said Gary Flowers, Executive Director and CEO of the Black Leadership Forum, Inc. “On one hand, the bank cannot earnestly invoke the values of Reverend Doctor Martin Luther King, Jr., while devaluing the very principles for which he lived and died.”

This is not the only mortgage-related issue JP Morgan has brought upon itself recently. Last year, JP Morgan found itself in hot water for overcharging members of the military on their mortgages, eventually agreeing to a $56 million settlement. The bank even sold off the home of a military member on the very day that he returned from Iraq.

One former JP Morgan banker told Reuters, “I don’t say this lightly, but the consumer is simply an income stream and exploiting that is the purpose of the banking organization.” And evidently that exploitation extends to touting the bank’s commitment to civil rights with one hand while foreclosing on a former civil rights activist with the other.

Economy

California Occupiers Camp Outside Former Marine’s Home To Prevent Foreclosure

About 20 California activists surrounded a local home this weekend to prevent Freddie Mac and Chase Bank from foreclosing on the property, even amid rumors that sheriff’s deputies were coming to seize it. The Riverside, California home belongs to Arturo de los Santos, a former Marine who told Riverside’s City News Service that he fell behind on his payments when business plummeted at the factory where he’s employed.

De los Santos said he applied for a modification to his mortgage to lower his monthly costs, only to be rejected by Chase. The bank then initiated foreclosure proceedings, and a local judge granted possession to mortgage giant Freddie Mac, which guaranteed the loan, last week. That allows the local sheriff to seize the property, a situation de los Santos and the Occupiers are trying to prevent, CNS reports:

He said around 20 demonstrators are staying inside and outside the three-bedroom property.

De los Santos told CNS last week that he was prepared to get arrested to spotlight how “the bank is messing up.”

The former U.S. Marine sent a letter to Sheriff Stan Sniff explaining his circumstances and asking the county’s top law enforcement officer not to carry out an eviction.

De los Santos’ story, unfortunately, has become all too common. President Obama’s foreclosure prevention programs have fallen woefully short and Republicans in Congress refuse to take steps — such as taxing large banks to pay for further homeowner assistance — to alleviate the nation’s housing crisis. Banks and lenders, meanwhile, have made the problem worse, perpetuating fraudulent foreclosures, illegally foreclosing on military members and other homeowners, and foreclosing on homes they don’t even own.

Across the country, Occupy Our Homes has drawn attention to these problems by placing homeless families in vacant homes, disrupting foreclosure auctions, and forcing banks to renegotiate mortgage terms on properties in foreclosure. “I know because of them I am still in my home,” an Atlanta woman said of the Occupiers in December. “They got everyday people like myself involved. Everyday people contacting Chase and advocating for me, peaceful demonstrations, people calling and writing in.”

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