Fw: [NOLA_C3_Discussion] protest:wall st. + labruzzo
- --- On Sat, 10/4/08, howellnow@... <howellnow@...> wrote:
> From: howellnow@... <howellnow@...>
> Date: Saturday, October 4, 2008, 4:05 PM
> New Orleans Protest Against Wall St. Bailout & Labruzzo.
> Mike Howells
> People opposed to the Wall St. Bailout and
> Representative John Labruzzo’s statement on CNN
> scapegoating the poor for the financial crisis picketed the
> New Orleans Federal Reserve Wednesday afternoon(October
> 1st). The protesters distributed several hundred fliers to
> passer bys calling on the Louisiana House of
> Representatives leadership to remove John Labruzzo from the
> Health and Welfare Committee, U.S. Senators Mary Landrieu
> and David Vitter to vote against the Wall St. bailout
> legislation, a federal moratorium on home mortgage
> foreclosures, and a mass, federal public works program to
> help reduce consumer debate and stimulate consumer spending.
> Protesters carried signs that condemned the proposed
> federal bailout for Wall Street and the support for the
> sterilization of the poor recently voiced by Representative
> Labruzzo. The text of some picket signs linked
> Labruzzo’s call for sterilizing the poor to the ruling
> class call for the bailout of Wall Street. This included a
> sign saying, “Labruzzo + Sterilization of the Poor =
> An Excuse For The Wall St. Bailout”. Many motorists
> honked in support of the support of the picket.
> The protest was sponsored by C3/Hands Off Iberville,
> MayDay Nola and Elizabeth Cook. The text of the leaflet
> distributed at the action is below.
> The Bailout, Wall Street & Labruzzo
> While being interviewed by Kyra Phillips on CNN
> Louisiana Representative John Labruzzo made the following
> statement: And with the, uh, $700 billion bailout I think
> the taxpayers of America are kind of getting fed up. Look
> we need people to go to work to help pull the wagon instead
> of generation after generation jumping into the wagon.
> This attempt by Labruzzo to link public assistance for the
> poor to the proposed bailout for Wall Street is a class
> example of scapegoating. Many people in this country are
> outraged at the prospect of funneling hundreds of billions
> of dollars of taxpayer money into an effort to prop up the
> sagging fortunes of Wall Street banks. The statement by
> Labruzzo is clearly seeking to divert widespread anger away
> from the politicians and bankers and towards the nation’s
> poor. The blame for the crisis facing America rests with
> this nation’s bankers and politicians, not with the
> nation’s poor. To suggest otherwise, as Representative
> Labruzzo does, is a slap in the face of the people who are
> baring the heaviest burden of the ongoing crisis, the
> working and middle classes.
> We, concerned citizens of Louisiana, will
> gather on Wednesday in front of the building housing the
> New Orleans Federal Reserve to hold a press conference to
> denounce both the proposed $700 billion dollar bailout for
> Wall Street and the Metairie legislator’s attempt to link
> the financial crisis to public assistance for the poor. We
> stand front and center for a federal bailout of the groups
> that collectively make up the vast majority of the victims
> of the crisis, the working and middle classes.
> We demand:
> 1. That John Labruzzo be immediately removed from his
> assignment to the Health and Welfare Committee of the
> Louisiana House of Representatives
> 2. That Senators David Vitter and Mary Landrieu vote
> against the proposed federal bailout for Wall Street.
> 3. That the U.S. Government impose an immediate moratorium
> on mortgage foreclosures.
> 4. That the U.S. Government implement a mass, public works
> program which pays a living wage to help stimulate consumer
> demand and to help reduce consumer debt.
> C3/Hands Off Iberville, May Day Nola & Elizabeth Cook.
> C3/Iberville meets 7pm every Thursday at St. Jude’s
> Church on 410 Basin St. in the Treme section of New
> Orleans. Info: 504-587-0080.