Forget about the flowers and showers, we’re talking about a 99% Spring. On Monday, members of the 99% Power Coalition gathered to demand homeowner justice and ask Wells Fargo CEO John Stump for floor time at their San Francisco share holder meeting taking place today.
Ten people were arrested for trespassing at the headquarters of the Well’s Fargo Home Mortgage in Des Moines, Iowa yesterday including the smartest progressive in the country George Goehl, NPA’s executive director and central leader in bank accountability and housing justice movements. This is just the beginning of a series of actions around shareholder meetings that will be happening this spring.
President Obama announced a federal mortgage task force earlier this year in his State of the Union address. More than 90 days and at least 465,390 additional foreclosures filings later we wait to hear (something?? anything!?!) from the task force regarding critical relief for middle class families, principle reduction and mortgage industry accountability.
Take 11 million underwater homeowners, add the 4 million Americans who have had their home foreclosed, multiply that by the amount of time these families have been agonizing over their future and factor in 99% power—and it looks like we are in for more than your average April showers.
The 99% spring storm is gathering strength, picking up speed, and is headed for San Francisco today.