Date: Wednesday, 14-November-2012, 2:38 AM | Message # 1
-- dragon lord--
Occupy Los Angeles activists are joining with labor unions to protest corporate control in America.
They're targeting the financial district of downtown Los Angeles, where major banks like Bank of America and Wells Fargo have headquarters.
Over the past 3 years, Wells Fargo has reported profits of more than 50 billion dollars but has received state and federal tax breaks totaling 18 billion dollars.
Protesters say when a wealthy corporation like Wells Fargo fails to pay a fair share of taxes, it leaves local communities unable to afford vital public services like health care, police officers and firefighters.
Protesters say the banks also hurt communities by supporting wars that cost billions of dollars and thousands of lives. They say banks fund wars to benefit the rich sector of society that profits from defense contracts and regional economic control.