Coordinated protests thwart business as usual at Bank of America branches in DC

Simultaneous protests targeting Bank of America branches throughout the District of Columbia delayed openings and drew attention to the financial giant’s foreclosure practices. Occupy Our Homes DC coordinated the “reverse foreclosure” at eleven Bank of America locations on Saturday morning. They’ve taken up the case of Rev. Michael Vanzant, whom Bank of America is threatening to…

Taxes hitting Romney hard–really, really hard

Mitt Romney estimates his federal income tax rate to be 15%, and here’s a point of comparison with the rest of us, the so-called 47%. As the chart shows, federal income taxes include individual income tax rate, payroll tax, corporate tax and estate tax–not just taxed salaries and wages, and capital gains. (Hard to know…

Homeowner in foreclosure interrupts testimony of JP Morgan CEO responsible for $2 billion loss

A woman who disrupted a Senate Banking Committee hearing on June 13 was arrested along with five others from the housing advocacy organization Occupy Our Homes DC. Deborah Harris interrupted the opening statement of JP Morgan Chase CEO Jamie Dimon, who was giving testimony on his bank’s recent $2 billion losses in hedge fund investments.…