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Indybay Feature
Mon Apr 6 2009 (Updated 04/14/09)
On the Heels of Huge Wall Street Demo, National Protest of US Banking System
April 11th Protests at San Francisco Federal Reserve Bank and Across the Nation
Hundreds of protesters marched on Wall Street on April 3rd in the lead-up to a march of an estimated 10,000 people on April 4th. On the 3rd, four protesters were arrested for disorderly conduct when they allegedly attempted to march down the center of Broadway. Marchers passed the New York Stock Exchange and companies that took federal money, including American International Group (AIG), a particular target of negative attention after they gave company executives bonuses with bailout money. Protesters also demonstrated against Obama's plans to move forces from Iraq into Afghanistan.

The movement to demand a major overhaul of the US banking system went national on Saturday, April 11th with demonstrations in more than 50 US locations, including one in front of the San Francisco Federal Reserve Bank. Elsewhere in northern California, rallies were held at the State Capitol in Sacramento, in Santa Cruz at the County Building, in Redding at City Hall and in Eureka's Waterfront Park. Rallies all began at 11:00am.

Organizers called for the decentralization of banks, saying that it is not enough to try to patch up the current system. The group A New Way Forward is demanding "serious reform that fixes the root problems in our political and economic system including excessive influence of banks, dangerous compensation systems, and massive consolidation."

photo Photos: 1 | 2 | 3 | video Video

A New Way Forward - Rallies Nationwide April 11th | Anti-Capitalist Call to Action | Punks Against the Federal Reserve
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