'Intelligent discontent is the mainspring of civilization.' -- Eugene V. Debs

Saturday, January 14, 2012

Occupy Wells Fargo Live 

UPDATE 3 (2:03PM PST): There have been 5 arrests. The police have gotten out of the alley, and taken the arrestees to the nearby police station. Protesters are now in front of the station and demanding their release.

UPDATE 2 (1:55PM PST): Protesters have blocked the police paddy wagon trying to take away the arrestees in an alley.

UPDATE 1 (1:43 PM PST): Several cops have climbed up a fire truck ladder onto the roof, and taken the banners away. First arrests. Chants of let the people go, arrest the CEO!

INITIAL POST (1:02 PM PST): At 1:02 PM, California time, OccupySF is currently protesting foreclosures and evictions by Wells Fargo at the Wells Fargo branch right by the 16h Street and Mission BART station. Banners have been dropped and there are tents on the roof. he police have closed the parking lot with tape and tried to persuade activists to leave the roof without being arrested. For video, go here. Justin Beck, the public affairs director at KDVS in 1998 who put me on the radio, is the ustreamer. For twitter updates, go here.

OccupySF has described the purpose of this action as follows:

Thousands of renters and homeowners in San Francisco are being evicted by banks each year. San Francisco’s Mission District has been especially hard hit by the 1% banks preying on the 99% working class. Join Occupy SF Housing at Noon on January 14 to protest evictions of renters for condo conversions, which are being done by real estate speculators working with Wells Fargo Bank. We will demand that Wells Fargo stop all pending evictions which they are financing and to stop financing any more evictions for profit, where low & moderate income renters are evicted so affordable apartments can be converted into luxury condominiums for the wealthy.

Today's action is the first of what OccupySF has described as the Occupy Wall Street West campaign, which will culminate with planned mass occupations in the financial district on this upcoming Friday, January 20th.

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