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Shut down the ABA: "Wall Street Is At War With America"

Anti-Capitalist MovementThe SEIU is organizing protests at the American Bankers Association annual meeting in Chicago on October 25-27th to demand changes from the banks. This will be the largest demonstration against bank greed since the financial meltdown began. Anarchists need to be there!



Following the success of Pittsburgh's recent G20 protests, where an often-photographed banner read "No Borders No Bailouts," anarchists need to stay involved and take an early role in the mounting anger around banks in order to deliver a critique of capitalism as a whole through the issue of the economic crisis and create a movement around fundamental change and not useless reforms.

Anarchist poster about the financial crisis:
http://www.scribd.com/doc/21140663

Massive, angry protests at the meeting of the ABA ( http://www.aba.com/ ) will help shift the dialogue in this country from one where corporations are using popular anger to organize tea parties for their own benefit, into directing that popular anger at those who are really responsible, the corporations themselves.

Continuing the G20 momentum and demonstrating anarchist organizing models and perspectives for transformative change is critical right now to laying the foundation for a radical social movement to blossom over the next few years. The Great Depression was the last recession this severe, and the anti-capitalist social movements it created kept growing for a decade after the crash of 1929. During that time "production for use," became a popular slogan, and was meant as a contrast to production for profit in the capitalist system.

Anarchists need to be on the streets, in the media, and organizing with one another to confront these meetings of business groups, where the plans are hatched for fighting against any actions that would hurt their bottom line and help struggling Americans. Just like the WTO, IMF, and World Bank, these meetings are cabals where policies that effect millions of people are decided in secret. And just like those other organizations, we should attempt to shut down meetings of the ABA and groups like them. The ABA is undemocratic, secretive, and a criminal conspiracy to enrich the few at the expense of the many.

Below is the SEIU call to action and protest schedule. Join them on the streets, and organize with anarchists to strategize how to have a larger impact than a mere symbolic march in both exposing the criminal nature of these meetings as well as confronting them and demanding they stop robbing us all blind.

The following is from the SEIU:
"Tell Big Banks: We Need to Talk."
"On October 25th, America's bailed out banks will be meeting at the ABA convention in Chicago. These are the very institutions that drove America to financial meltdown, and are now using our tax dollars to lobby against reform.
This is being billed as the most important meeting of the year for the financial industry. This is when banks will decide what direction they take for the next 12 months.
We're the ones funding these banks with our tax dollars, we should have a say in how they're spending our money. Tell the big banks of the ABA to meet with us, the taxpayers, while they're in Chicago.
For America's banks, the past year has been in exercise in corporate greed gone wild. They've done nothing to clean up the financial mess they created, but continue to pay out billions in bonuses for their top brass. They pile fee after fee on their customers, but offer no help when homeowners get caught up in the housing collapse.
Enough is enough. Thousands of Americans, from across the country, are coming to Chicago on October 25-27th to demand changes from our banks. This will be the largest demonstration against bank greed since the financial meltdown began. Will you tell the banks to listen to our demands?
The reforms we're asking for are simple:
* Stopping foreclosures to save Americans’ homes and state and local budgets;
* Providing the same affordable loans to state and local governments that the banks receive from the federal government;
* Restoring small business lending to save jobs and tax revenue;
* Lowering interest rates on consumer credit cards and stopping charging abusive overdraft fees that take billions out of consumers’ pockets; and
* Allowing employees to negotiate compensation practices so they are no longer directly tied to quotas and unreasonable sales goals, targeting consumers with unnecessary or harmful products, and amassing consumer debt."

SEIU's Protest Schedule:
October 25, 2009
* WHAT: Taxpayers put big banks and Wall Street on trial for breaking their commitments to the American taxpayers.
* WHO: Hundreds of taxpayers from across the country who’ve lost their jobs, homes, and retirement security because of the economic crisis, workers, community leaders and allies, and academics.
* WHERE: 4:15 PM CDT
Hyatt Regency Chicago
151 East Wacker Drive

October 26, 2009
* WHAT: Demonstrations around American Bankers Association conference highlighting continued bank greed at the expense of America’s economy.
* WHO: More than 1,000 retirees, family farmers, clergy, workers, students, homeowners, and community allies.
* WHERE: To be announced

October 27, 2009
* WHAT: Taxpayer march on American Bankers Association conference to demand banks stop lobbying against needed financial reform.
* WHO: More than 5,000 workers, clergy, and community allies and leaders from 20 cities.
* WHERE: March begins at 10:30 AM CDT at Intersection of Wacker and Stetson.
Rally at 11:00 AM CDT at the Sheraton Hotel, 301 E. North Water St.

SEIU information from:
http://www.seiu.org/2009/10/its-not-j...-lewis.php and http://action.seiu.org/page/s/abarsvp

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Here's what others have to say about 'Shut down the ABA: "Wall Street Is At War With America"':

Forget The Showdown « The Chicago Branch of the Imaginary Party
[...] Anarchists have been actively recruited  to participate in this march, with some even calling on others to join: Anarchist Call. There are a number of reasons to avoid (and destroy if it was worth the energy) this march, and a lot better [...] [read more]
Tracked on Saturday, October 24 2009 @ 10:40 AM UTC

Shut down the ABA: "Wall Street Is At War With America" | 22 comments | Create New Account
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Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Saturday, October 17 2009 @ 01:56 AM UTC
here is another, much more comprehensive website about these protests:
http://www.showdowninchicago.org/
Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Sunday, October 18 2009 @ 08:38 PM UTC
"Wall Street Is At War With America"

This reactionary slogan is just another variation of the myth being pushed by both the far left and the far right that scapegoats finance capital for the current crisis (as such, the far right should be in good attendance at this demonstration). Capitalism and the crisis are not the result of a "secretive, criminal conspiracy" of bankers. The slogan, like the rest of this call to action, is also nationalist.

If anarchists are willing to march behind nationalist anti-finance capital populism, you might as well put Proudhon quotes on your banners and chant against the "blood sucking international banker elites". You might as well denounce the ABA as "zionist" (some at this demonstration undoubtedly will). If you're willing to follow the line of the SEIU, you might as well invite the Larouchites to your black bloc. I mean, how far is the jump from this brand of nationalist populism to Judenhass?

Why do so many anarchists fall into the traps of conspiracy theories and populism rather than presenting a cogent analysis of capitalism?
Shut down the ABA: "Wall Street Is At War With America"
Authored by: Al Ligator on Sunday, October 18 2009 @ 10:38 PM UTC
God, I know.
When I actually come across someone at work who is 'distrustful of government/authority', they are so chockful of conspiracy theories and do not want to engage in constant critical thinking about how to approach the situation we find ourselves in, they just settle for whatever answers are somewhat socially acceptable, i.e. 9/11 shit, zeitgeist crap, 2012???????, whatever else is the conspiracy of the week.

The don't want to exchange ideas and actually conspire to change the world around them, they merely want their theories validated.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 12:20 AM UTC
that's what sucks about conspiracy theories. they use legitimate concerns, fears, and realities to attack fictional enemies or enemies that are not responsible for being the cause of the problems.

..........and the 9/11 conspiracy theory specifically alleviates the responsibility of US foreign policy for creating a muslim world that hates America, and blames it on "bad apples" within the government (bush, jews, etc...) and not the system itself that necessitates such colonial foreign policies. the answer to the excellent question of "why?" immediately following 9/11 went from being one that made use of noam chomsky and howard zinn to critically examine US foreign policy, to an answer of stupid conspiracy theories which are much less threatening to the US empire than zinn and chomsky.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Monday, October 19 2009 @ 11:18 AM UTC
The ABA is a fictional enemy that is not the cause of your problems.

On the other hand, the SEIU plays a direct role in managing and enforcing wage slavery, breaking up strikes, and enforcing divisions within the working class.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 03:12 PM UTC
the ABA is not fictional, it is made up of the largest, most powerful banks in the world, and it lobbies to create legislation that is pro-capitalist class.

i can't believe i have to explain why the ABA is bad to a radical!

and the SEIU, while a manager of revolt, is not the ones creating the conditions that push us to revolt in the first place like the ABA is. let's start with the ABA and take on the SEIU when the struggle is one that is between worker-control or reform of capitalism. right now that is not the main tension in society. we're not even close to that point.

and this article suggests that people use the opportunity of the SEIU event to get buck wild, not to go clap for union leader speeches and carry purple signs!
Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Monday, October 19 2009 @ 10:16 PM UTC
the ABA is not fictional, it is made up of the largest, most powerful banks in the world, and it lobbies to create legislation that is pro-capitalist class.

The ABA exists, but it is a fictional enemy. It is one of thousands of industry groups - and one of probably dozens of bank industry groups - that meet at fancy hotels for inspirational speeches, schmoozing with politicians and other industry people, fancy catering, and slideshows about 'what's new in the world of business'. I'm sure there are hundreds of industry meetings in Chicago every year. Banks are a large and profitable industry that carry more weight than say the plastic toy industry or dentists (whose industry groups I'm sure both hold annual meetings in cities like Chicago), but there's nothing special going on here.

All legislation is structurally "pro-capitalism". Both the SEIU and the ABA have proposals for how the economy can best be managed, but neither is better or worse than the other. Advanced economies have democratic political systems that allow for this multitude of proposals. A critique of capitalism has to begin with rejecting the whole multitude, not fighting for proposals that are currently unpopular.

Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 10:35 PM UTC
tell that to the kids who are getting kicked out of their foreclosed home and living in one-room motels.

you must not have any stake in this fight. is anarchism a purely theoretical exercise for you? are you rich or something?
Shut down the ABA: "Wall Street Is At War With America"
Authored by: blackhand on Tuesday, October 20 2009 @ 12:20 AM UTC
tell them what? that if they shout at the bankers going to a dinner they won't have to return to their motels?
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Wednesday, October 21 2009 @ 05:25 PM UTC
no, tell then that the ABA is a fictional entity when it's the ABA's influence that is stopping things like a freeze on all foreclosures for a year, etc.... that leads to kids sleeping in one room motels, like in this NYTimes article:

http://www.nytimes.com/2009/03/11/us/11motel.html
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 12:05 AM UTC
"This reactionary slogan is just another variation of the myth being pushed by both the far left and the far right that scapegoats finance capital for the current crisis....."
how is it reactionary? it is just another way to saying that Class War exists. (though it does re/frame the conception of "America" from a nation-state to a people, and working class people at that. i think re-framing america to make bankers at odds with the conception of america is a good idea as they are fucking over about 80% of us....)

"......(as such, the far right should be in good attendance at this demonstration). Capitalism and the crisis are not the result of a "secretive, criminal conspiracy" of bankers. The slogan, like the rest of this call to action, is also nationalist."
just because rightwingers see something as wrong doesn't automatically mean it's actually good. i think a better conception of the tea-party types (who you conceptualize as "rightwingers") in this context is to understand them in their role as working and middle class people who are (scared of) being fucked over by the ABA members. right and left-wing working class people will be there (the right/left divide is more about the ideas for the solution to the problem, the right saying that "true" competition, as opposed to too-big-to-fail multinationals, needs to be created, and more often associated with small business owners and entrepreneurs, while the left says that competition always leads to multinationals/oligopolies so there needs to be regulations to correct those inevitable imbalances, more often proposed by workers). yes, the current crisis is a result of a conspiracy of bankers who used money to buy favorable legislation through groups like the ABA that allowed them to create new financial products that crippled the financial system when the housing basis of the products went sour at rates higher than they anticipated. the slogan does appeal to nationalism somewhat, i'll give you that, but it tries to simultaneously re-frame the call to protect America as a call to protect the people being fucked over by banks and not to protect both the rich and poor at the expense of another nation-state.
it explains in the article why the ABA, like the WTO, etc.... is secretive, because a small group of people make decisions that effect millions of lives and we don't know or have input into what those decisions are. and again, the use of "criminal" is meant to re-frame popular ideas of what a crime is (from popular "street crime" notions) to crime being actions that are bad for society (foreclosures, etc....) to position the rich as the real criminals in our society.

"If anarchists are willing to march behind nationalist anti-finance capital populism, you might as well put Proudhon quotes on your banners...."
i like proudhon. the conquest of bread was one of the first anarchist books i read.
".......and chant against the "blood sucking international banker elites"."
what's wrong with that? that is who is making the decisions that effect our lives and currently are making thousands more people homeless and poor every month.

"You might as well denounce the ABA as "zionist" (some at this demonstration undoubtedly will)."
it says NOTHING about jewish people or zionism above, just because historically working class sentiment against banks has been exploited by racists to oppress jews, it does not mean that this is the case here and now. i don't think it is.

"If you're willing to follow the line of the SEIU, you might as well invite the Larouchites to your black bloc."
the SEIU is nothing like the Larouche cultists. the SEIU is a fucking mainstream labor union. how are these 2 groups similar at all? the Larouche people are nutcase conspiracy theorists who exploit leftist notions of reality to spread their conspiracy theories.

"I mean, how far is the jump from this brand of nationalist populism to Judenhass?"
that depends on whether the narrative of the critique of banks is able to be controlled by the left and anarchists, or whether it will be hijacked by the rightwing to promote their racist, competitive ideals that serve only to further strengthen the very banks very are claiming to lead the movement against (see: the tea-party organizers using anti-bailout sentiment to organize a march against universal health care and for corporate insurance company profits- is you look at footage, a lot of the homemade signs are about the bank bailout, even though that was hardly mentioned by the organizers at all)

"Why do so many anarchists fall into the traps of conspiracy theories and populism rather than presenting a cogent analysis of capitalism?"
1) its not a conspiracy theory. it uses the facts of the nature of the ABA and the businesses the banks have conducted to construct the critique of them, as evidenced by the solutions proposed by the SEIU, which don't include anything like "jail the jewish bankers" or "fight the illuminati" but rather "stop foreclosures" and "stopping abusive credit card policies."
2) i think that critiquing parts of capitalism, like the WTO for instance, is a good way of introducing people to a possible wider critique of capitalism as a whole (such as happened post-WTO when many people learned about the WTO which led them to a further questioning of capitalism as a whole).

it says nothing about zionism, ZOG, or jews anywhere above. you've fallen for the false associations perpetrated by the rightwing that critiques of banking are critiques of jews. most of the rich are WASPs, not jews, and WASPs are in the majority among those with the power to seriously re-shape our society, such as is possible in positions at the top of nulti-national banks.

Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Monday, October 19 2009 @ 11:05 AM UTC
"yes, the current crisis is a result of a conspiracy of bankers"

This is conspiracy theory, and it is incorrect and reactionary. Crises are an inherent problem in capitalism; they are not the result of shadowy cabals of bankers. International banker elites do not control the world.

You ask what is wrong with the "blood sucking" line. That slogan expresses the "anti-capitalist" thesis of national socialism, which you apparently agree with. The term "blood sucking" carries a specifically anti-semitic connotation.

By the way, Kropotkin wrote 'The Conquest of Bread', not Proudhon. Proudhon proffered a half-way critique of capitalism similar to your own and wrote privately about wanting to exterminate European Jewry, who he saw as the personification of parasitic finance capital.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 03:21 PM UTC
"This is conspiracy theory, and it is incorrect and reactionary."
a conspiracy theory is one without basis. this is a conspiracy in the sense that many corporations are conspiring to further expand their profits by buying off politicians and writing pro-bank legislation that screws over everyone else.


"Crises are an inherent problem in capitalism; they are not the result of shadowy cabals of bankers. International banker elites do not control the world."
they control a lot of the money in the world, and money = power. yes, crises are inherent in capitalism, and these people are trying to further expand and intensify capitalism and thereby generate more crises.


"You ask what is wrong with the "blood sucking" line. That slogan expresses the "anti-capitalist" thesis of national socialism, which you apparently agree with. The term "blood sucking" carries a specifically anti-semitic connotation."
no it doesn't! it means VAMPIRES you dork. what are you, some israeli settler who sees the entire world around him as an attack on jews??? PS- emma goldman is one of my heroes, JEWISH!.....you fail.

"By the way, Kropotkin wrote 'The Conquest of Bread', not Proudhon. Proudhon proffered a half-way critique of capitalism similar to your own and wrote privately about wanting to exterminate European Jewry, who he saw as the personification of parasitic finance capital."
you're right, i had them confused at the time. i've never read much proudhon, and i have heard that he was anti-semitic. it was also the 1800s. it doesn't excuse it, it's just to say that anti-semitism was much more widespread back then. i, however, am not anti-semitic at all. i don't think i ever even knew what a jew was until i was a teenager, and like i said above, WASPs control most o the financial capitali in the world, but they are more accurately framed as *capitalists* than any ethnic group.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Monday, October 19 2009 @ 10:04 PM UTC
some israeli settler who sees the entire world around him as an attack on jews??? PS- emma goldman is one of my heroes, JEWISH!.....you fail.

This is the equivalent of saying 'I have black friends, so I'm not racist'. Actually, it's worse. It it like saying 'a random black person from the early 20th century is one of my heroes, so I'm not racist'.

Israeli settler, eh?

Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 10:12 PM UTC
look at the part right before that........the VAMPIRES part. dork.

happy halloween. don't let any blood-sucking vampire bankers bite you on the neck!
Shut down the ABA: "Wall Street Is At War With America"
Authored by: notverycreative on Wednesday, October 21 2009 @ 02:56 PM UTC
"what are you, some israeli settler who sees the entire world around him as an attack on jews???"

this is a fucking disgusting chauvinist comment.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Monday, October 19 2009 @ 11:11 AM UTC
"how is it reactionary? it is just another way to saying that Class War exists. (though it does re/frame the conception of "America" from a nation-state to a people, and working class people at that. i think re-framing america to make bankers at odds with the conception of america is a good idea as they are fucking over about 80% of us....)"

Are you serious? America from a nation-state to a people... Blut und Boden? Volk und Nation? Why would you want to valorize the concept of "the American people"?

I thought you took the slogan from the SEIU, but seeing it on an "anarchist" poster is frightening. Your nationalist populism is even more reactionary than the union you march behind.

Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 03:30 PM UTC
#1) no one is talking about marching BEHIND the SEIU, i was proposing anarchists start organizing ourselves around issues like this so they don't end up in the dead end of letter writing and premitted rallies.
#2) i am not the one who valorized America, that has already been done. i am trying to subvert that valorization to change who is included/excluded from citizens vs. immigrants to poor vs. rich.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: lettersjournal on Monday, October 19 2009 @ 10:21 PM UTC
Let's be clear about what we're talking about. Your poster says: "Wall Street is at War With America".

The project of "reclaiming" the concept of America or "The American Volk" is dubious enough, but your poster doesn't even try to do that. It is just a straight-up nationalist slogan.
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Monday, October 19 2009 @ 10:38 PM UTC
how does #2 above not answer this?

and where's your poster?
Shut down the ABA: "Wall Street Is At War With America"
Authored by: Anonymous on Wednesday, October 21 2009 @ 04:54 PM UTC
This is NOT a protest against some meeting of INTERNATIONAL bankers. We are protesting the AMERICAN Bankers Association. This is meeting of AMERICAN bankers. By the way most American bankers, like most other rich Americans, are Wasps not Jews. WASP=White Anglo-Saxon Protestant. American banks are primarily run by Anglo-Saxons. What we are likely to see next week in downtown Chicago is thousands of people of color and poor whites coming together to protest the ABA which is run by and composed of rich white people. What the hell is fascist about that?

Check this out:
http://en.wikipedia.org/wiki/White_An...Protestant
Shut down the ABA: "Wall Street Is At War With America"
Authored by: communitycntrl on Wednesday, October 21 2009 @ 05:22 PM UTC
i completely agree with you, thanks for saying that.

but, at the risk of incurring the wrath of some person who thinks every attack on bankers is an attack on jews, i want to point out that globalization is creating a globally-interconnected capitalist elite that is much more transnational than in the past. it is also consequently globalizing the standards of living of the working class around the world (for some that means increases in standards of living, and for some, like america, that means decreases), and also the re-structuring is putting downward pressure on that globalized standard of living (and upward pressure on the elite's globalized wealth) as the elite consolidate their gains from the re-structuring process.

just wanted to say that because it's been in my head for a while....