Since the Obama administration hasn't been able to either provide homeowners with a fair settlement or prosecute bank executives for the fraud they have committed, and the big banks have failed to pay the embarrassing amounts of money they owe these homeowners in over 30 settlements, some homeowners and activists have decided use the "If you want something done right, do it yourself" approach to force the Big Banks' hand on paying fair settlements to struggling homeowners.
Today, more than 500 activists touched directly by Wall Street's reckless business deals to right these wrongs will go to the Department of Justice and demand accountability from the Big Banks, and relief and restitution for the millions of Americans affected. These grassroots organizers will participate in a week of action called "Bring Justice to Justice," and will join each other, community leaders and faith leaders to fight for the homeowners still waiting for their fair settlement. All week long, these gutsy Americans will be risking jail time to make the point that while regular citizens will be prosecuted for seeking what's due them, the DOJ has yet to prosecute a single big bank executive for the fraud that caused the financial and housing collapse in the first place, and the vast majority of ripped-off homeowners have yet to even see any benefits from the settlement with the banks that was supposed to begin to redress people's wrongs. This demonstration is a great moment in the battle against the Too Big To Fail banks, and I hope the movement keeps building. Here's what demonstrators will be carrying with them and handing to police officers when they come to arrest them.
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