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!
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, and most of Wall Street invests in things that do not align with SF values such as:
-the Dakota Access Pipeline
-fossil fuels
-gun manufacturers
-private prisons
-military-industrial complex
-predatory mortgage loans
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.
A Public Bank would allow the City to have more local control and invest in:
-affordable housing
-renewable energy
-infrastructure
-small businesses
-healthcare
-education
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 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.
We call on everyone to come and say that Wall Street’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 #MazaskaTalks #FossilFreeSF#defundDAPL #DivestFromWar #defundprisons #unloadyour401K#SFERSDivest #occupySF