Fight Back! News

News and Views from the People's Struggle

CapitalismandEconomy

By Kim DeFranco

St. Paul, MN – Chanting “Money for human needs, not for stadiums,” members of the Welfare Rights Committee, the Minnesota Coalition for a Peoples' Bailout and supporters from OccupyMN gathered outside Senate Taxes and Local Government and Elections committee hearing, Nov. 29, at the State Capitol building. The committee was holding an informational hearing on proposals to build a new stadium complex for the Minnesota Vikings football team owner – a New Jersey real estate developer named Zygi Wilf.

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By Masao Suzuki

_Second of four-part series _

Editor’s note: This is the second article of a four-article series. The first article was titled, “ Who are the one percent?” This article describes the working class, who make up most of the 99%. The next article will be about the rest of the 99% who aren’t part of the working class. The last article will talk about how the history of racism and national oppression is important to understanding what is behind the 1%-99% divide and how the 1% enriches itself while maintaining its privilege and power.

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By Fight Back! Editors

On Dec. 31, funding for extended federal Unemployment Insurance will expire. If funding is not renewed, almost 2 million jobless workers will be cut off from their benefits in January and almost 4 million more will lose their benefits by the end of May, 2012 – all at a time where the official unemployment rate is still 9%.

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By mick

Jobs march on Minneapolis bridge

Minneapolis, MN – About 800 people blocked a major bridge here, Nov. 17 in a march demanding jobs. Police declared the protest to be an unlawful assembly and arrested 11 people who sat down in an act of civil disobedience. The 10th Avenue Bridge, which spans the Mississippi River, was closed for about an hour.

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By Mike Gold

Milwaukee, WI – Protesters in Milwaukee occupied a bridge here, Nov. 17, as similar actions took place across the country. Roughly 200 people gathered in Carver Park in a working-class Milwaukee neighborhood, then marched to the Highway 43 bridge, where they met with about 100 other protesters intent on civil disobedience.

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By Brad Sigal

Protest outside Wells Fargo CEO Jon Stumpf's speech at University of Minnesota

Minneapolis, MN – More than 50 union activists, as well as OccupyMN participants and others, rallied outside the University of Minnesota’s McNamara Alumni Center on Nov. 8 to protest a speech by Wells Fargo CEO Jon Stumpf.

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By staff

Participants in FRSO teach-in on capitalism at Occupy MN

Minneapolis, MN – Following a march on the banks here, October 29, more than 40 people attended a teach-in organized by Freedom Road Socialist Organization. Entitled, “How capitalism works, and why it doesn’t work for the 99%,” the event brought together activists for a serious discussion on what is wrong with the capitalist system.

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By staff

Police taking down tents at Occupy Minnesota bank protest

Minneapolis, MN – Seven people were arrested as over 100 people from OccupyMN protested outside of U.S. Bank Plaza, Oct. 20. The seven arrested set up tents outside the bank and blocked traffic at a major downtown intersection. The protest highlighted the hypocrisy of big banks foreclosing people’s homes while U.S. Bank’s bosses’ pay doubled over the past year and the bank rakes in record profits.

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By B.J. Murphy

Winston-Salem, NC – 200 people demonstrated on the sidewalk in front of the Bank of America branch in Winston-Salem on Oct. 15. For three hours the protesters rallied against Wall Street and the big banks, exposing the Bank of America’s misuse of bailout money, as well as the ongoing loss of jobs in Winston-Salem and the rest of North Carolina, where unemployment is over 10%.

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By Brad Sigal

Minneapolis, MN – Occupy Minnesota, which began on October 7 in solidarity with the Occupy Wall Street movement, continues it’s ongoing protest presence in People’s Plaza in downtown Minneapolis (the plaza between 5th & 6th Street and 3rd & 4th Avenue). Each day brings more support and more actions. The main theme of OccupyMN is “people before profits.”

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