FOR IMMEDIATE RELEASE
Friday, October 31, 2014
Contact: Carlos Marroquin 323-592-4663
GHOSTS OF WALL STREET Halloween Night on Hollywood Blvd
“Nightmares from Wall Street haunt us all,” says Occupy Fights Foreclosures
HOLLYWOOD – On Friday, October 31st, a coalition of activists will present the “Ghosts of Wall Street” educational spectacle during the Hollywood Halloween Street Fair. This traditional holiday celebration takes place from dusk to 10 PM along Hollywood Blvd with expected attendance of 50,000 or more. Ghosts of Wall Street will proceed along Hollywood Blvd, departing from the corner of Hollywood & Vine at 7PM on Halloween night.
The nightmare is real—the greed of “the 1%” continues to grow. Banks including J.P. Morgan Chase, Citigroup, Bank of America, Wells Fargo, and others committed trillions of dollars of fraud on colossal scale that continues to have lasting repercussions long past the initial 2008 financial crisis. The government has rubber stamped mortgage fraud settlements that merely reinforce that it will be possible for bankers to pay their way out of future crimes. Wall St. has benefited from the housing crisis by snatching up properties at bargain prices and expanding the rental market.
A massive student debt bubble is looming over the youth of today. Tuition prices continue to rise, yet the rate of return on a college degree is decreasing, as students graduate and fail to find full employment. We are saddling an entire generation with student loan debts that may outweigh future earning power and are dischargeable only by death.
The goal of this “Nightmares From Wall St.” action is to raise awareness about how Wall St. still haunts the people, harming families, and robbing us of opportunities. The people of Los Angeles are facing universal struggles of rising rents, student loans that can never be written off, continued fraudclosures and financial crimes of the big banks, and the corporate control of politics at all levels. #GOWS represents a chance to educate and active more people to join the movement against the greed of the 1%. Anyone interested in fighting back is encouraged to join Occupy Fights Foreclosures (meets Sunday from 2-4pm and Tuesday from 7-9pm at 530 Ramirez St., Los Angeles) and Occupy Los Angeles (meets Wednesday at 7:30 PM on the south steps of Los Angeles City Hall).
Specific issues of concern include:
- Students are saddled with debt for life
- Homeowners are victims of fraudclosure
- Families are priced out of the rental market
- Cities are ripped off by municipal bond rigging
- Corporations control politics & devour the environment
Ghosts of Wall Street #GOWS #Halloween2014
Nightmares From Wall Street #NFWS
7PM Friday, October 31 @ corner of Hollywood & Vine, Los Angeles, CA 90028
**STAGING at Hollywood & Sunset from 5-6:30 PM**
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