APR25
Divest San Francisco – Rally & March to City Hall
Public
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Wednesday, April 25 at 4 PM – 6 PM
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1525 Market St, San Francisco, California 94103
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Join us as we rally in front of Bank of America and march to San Francisco City Hall to demand the SF Board of Supervisors, SF Mayor, and SF Treasurer divest its 10+ billion dollar cash flow from Wall Street banks and create a People’s Bank that will operate with principles of equity, social, racial, economic and environmental justice.
April 25th is the day of Bank of America’s shareholder meeting and it is also one of the main banks that manages San Francisco taxpayer money. Bank of America currently invests in the Dakota Access Pipeline, fossil fuels, gun manufacturers, private prisons, the military industrial complex, and predatory loans that drive low-income people out of their homes.
It is clear that Bank of America is run to make money for wealthy shareholders and not the benefit of those living in San Francisco. The time is now to end our toxic relationship and to finally break up.
We call on everyone to come and say that Bank of America’s time is up and that City officials needs to move as quickly as possible to create a peoples bank now!
*PLEASE NOTE THAT THIS EVENT IS A WORK IN PROGRESS! More details to come and if you would like to get involved please email publicbanksf@gmail.com*
#DivestSF #SFPublicBankNow #defundDAPL #occupyWallStreet
Wednesday April 25th 4pm – 6pm
Bank of America
1525 Market Street, San Francisco CA
Hosted by Public Bank SF Coalition, SF Defund DAPL Coalition, Mazaska Talks, Idle No More SF Bay, SF Berniecrats, Democratic Socialist of America -SF Chapter, Lakota Law Project, San Francisco Queer Resistance, Sierra Club – SF Bay Chapter, SF Tenants Union, ACCE, PODER, Code Pink, Amazon Watch, Fossil Free California, South Beach Democratic Club, San Francisco Progressive Alliance.
San Francisco taxpayer money currently goes to big banks that engage in socially and environmentally destructive practices. From predatory lending practices for low-income communities of color, to funding fossil fuel extraction, firearms, prisons, to charging The City high interest rates on loans for retrofitting our schools and hospitals.
We want our taxpayer money to go back to the community, not to profits for Wall Street.
We need a public bank that is rooted in principles of equity, racial, economic, and environmental justice.
We also demand that the San Francisco Employee Retirement System (SFERS) divest its $400+ million of investments in fossil fuels. SFERS has failed to divest from an industry that is not only destroying our planet, but costing retirees millions.
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 Dear Mike, CODEPINK Bay Area will join the rally in front of Bank of America during their shareholders’ meeting on April 25th. We will then march to San Francisco City Hall to demand the SF Board of Supervisors, SF Mayor, and SF Treasurer divest the city’s $10+ billion dollar cash flow from Wall Street banks and create a People’s Bank! We demand San Francisco divest from banks financing the military-industrial complex. Bank of America is the 5th-largest institutional investor in the merchant of death Lockheed Martin, holding 8.8 million shares worth over $2.8 billion as of March 2018. Bank of America is one of the main banks that manages San Francisco taxpayer money. Like most of Wall Street, it invests in things that do not align with SF values such as:
It is clear that Wall Street banks are run to make money for wealthy shareholders, and not the benefit of those living in San Francisco. The time is now to end our toxic relationship and to finally break up. Join us on April 25th at 4:00 pm outside Bank of America, 1525 Market Street in San Francisco. Cynthia Papermaster of CODEPINK Golden Gate will speak at the rally. We call on everyone to come and say that Wall Street’s time is up. City officials need to divest from the war machine and act quickly to create a People’s Bank. For a world without weapons, |
