Wednesday, November 2, 2011

A Popular Victory for Occupy Wall Street


Why should the American people rekindle a spirit of rebellion against those who would abuse their power and run roughshod over their lives with no regard to the consequences? 

Because it works!

photo of three people holding letters made of yellow flowers that spell protest is beautiful
(Source)


In four days, Bank of America was all set to face protests against its proposed $5 per month debit card fees -- a so-called "Bank Transfer Day." Today, the bank told the protesters they could find something else to do.
We have listened to our customers very closely over the last few weeks and recognize their concern with our proposed debit usage fee. Our customers' voices are most important to us. As a result, we are not currently charging the fee and will not be moving forward with any additional plans to do so.
Is this the first popular victory for Occupy Wall Street? The first politician who hinted as much was (get ready for a shock) Sen. Bernie Sanders, who went to the floor of the Senate to congratulate the "American people" for beating the bank.

- Slate.




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