Demonstrators claim victory against Jamie Dimon and Chase Bank

direct action at chase bank
Image: Bank Occupiers at a Chase Branch in Capitol Hill

On Wednesday November 2nd, 2011, Jamie Dimon, the CEO of JP Morgan Chase came to Seattle. And independent participants of Occupy Seattle gave him a warm welcome.

Starting at 2pm, 3 men and 2 women occupied the Chase Bank branch in Capitol Hill on Broadway and E. Thomas. Along with about 70 demonstrators outside, they shut down the branch for over two hours.

Then at 6pm, over 300 demonstrators marched on the Sheraton Hotel where Mr. Dimon was speaking. They raised a loud voice in unison against Chase’s corporate greed and then hundreds proceeded to lock arm and block the entrances to to the Sheraton letting the 1% know that they can no longer proceed with business as usual in Seattle. Demonstrators believe they prevented Mr. Dimon from leaving for at least three hours.

Under Dimon’s leadership, JP Morgan Chase has kicked thousands of families out of their homes by predatory lending and foreclosures. They’ve laid off thousands of Washingtonians after their hostile takeover of Washington Mutual. They’ve perpetuate the monopoly the 1% have on our political system.

Enough is enough. No more business as usual.

“Live your desires. Join us. This world is ours – all of ours – and don’t let them tell you anything different. We will build it together.” – From the Statement of the Bank Occupiers of November 2, 2011.*

*Transcription coming soon.

chr15 is an independent observer and does not speak for Occupy Seattle as a whole.

11 Responses to Demonstrators claim victory against Jamie Dimon and Chase Bank

  • msmikestew35 says:

    Dear OWS members/supporters -

    Please take some time to read the program of the Socialist Equality Party – the only organization in the world that is attempting to build a political party for the working class, in their interest, in intransigent opposition to the two big business parties, trade unions and capitalism.

    In there, there is an explanation provided for the banking crisis as being rooted in the decaying structure of capitalism. We can no longer reform banks, just as it is no longer possible to reform capitalism.

    Presently, there are signs that the American state in collusion with German, French states are planning a military coupe in Greece. Whole of Europe is in turmoil and the fall of Europe will unleash unspecified amounts of Credit Default Swaps held by US banks and the crisis will definitely hit the United States.

    Capitalism cannot find a way out of this crisis – outside dictatorship over people and increasing social misery. The turn to socialism is not a nice thing to have in a hundred years but an urgent necessity today to avert massive suffering of the scale of World War II, but this time America – in economic decline – may not be spared.

    Here is the program:
    http://www.wsws.org/articles/2010/sep2010/prog-s06.shtml

  • Steve Leigh says:

    See the exciting report from Oakland on the General Strike Yesterday and on solidarity actions including Seattle:

    http://socialistworker.org/2011/11/03/day-of-defiance-in-oakland

    And on Occupy Seattle from last weekend :

    http://socialistworker.org/2011/11/03/reports-of-occupy-11-3

    And on how to build racial diversity in our movement:

    http://socialistworker.org/2011/11/03/multiracial-occupy-movement

  • Dane says:

    Would have been great if that scumbag Jamie Dimon had gotten arrested.

  • KennSpace says:

    The Corporate Occupation of the United States

    Our corporate controlled government (through corporate lobbying and election funding ) is out of the peoples control. People want government control back. Makes sense to me… I feel US corporate capitalism (corporatism) is a type of economic fascism: To have a corporate being where the chain of command eventually muddles all responsibility to any human being. These corporate beings are running your life and controlling your government. (Enough to really make an individual mad and protest.) The corporate being does not exist, and when it comes to face it’s corporate responsibility, it is a piece of paper. That is plain and simply wrong. Restore capitalism to individual responsible chains of command, or this struggle will be lost.

    Please Sign the petition to amend the Constitution for revoking corporate personhood at:

    movetoamend.org

    January 20, 2012 – Move to Amend Occupies the Courts!
    Move To Amend is planning bold action to mark this
    notorious date — Occupy the Courts — a one day occupation
    on Friday January 20, 2012, of the Federal Courts, including
    the Supreme Court of the United States and as many of the
    89 U.S. District Court Buildings as we can. Inspired by Dr. Cornell
    West, who was arrested on the steps of the Supreme Court last
    month, Move to Amend will lead the charge on the judiciary which
    created — and continues to expand — corporate personhood rights.

    http://open.salon.com/blog/kennspace/2011/10/28/corporate_occupation_of_the_united_states_1

  • seespikerun says:

    I completely agree.

    EVERYONE: lets think about this logically before i rant…. so if someone calls the cops then what do we do? give them the stink eye? vote them off the island? call the cops for trespassing? there is no logical answer unless you are suggesting a GA trial or something (which the perpetrator will obviously not attend ) or worse yet, that we have a hierarchy of people monitoring behavior as some pseudo police force…which would be totally illegal and therefore anything short of force…would not be of any use. the force would have to be greater than that of the entire SPD….this is a silly idea folks…lets stop wasting out time with it!

    Also…isnt that obstructing justice or furtherance of a felonious crime/conspiracy of a crime? if we witness a felony and actively cover it up? IS GA ACTUALLY ASKING US TO PARTICIPATE IN A FELONY!??! GA may want to know before any votes

    We are not going to be some safe haven for people who also illustrate the type greed and violence we’re supposedly fighting against! Sexual or Physical violence should not be tolerated, period. BESIDES, OFTEN TIMES THERE ARE UNDERCOVER COPS IN OUR CAMP ALREADY, SO ITS JUST IGNORANT TO THINK WE ARE KEEPING THEM AWAY. We are simply letting them build up a case against us, and evict us. If you havent noticed OUR NUMBERS HAVENT GROWN IN ALMOST 3 WEEKS…BECAUSE OF THESE DUMB IDEAS THAT KEEP MOST COMMUNITY MEMBERS AWAY. STOP WASTING TIME WORRYING ABOUT COPS, WE CANT DO ANYTHING ABOUT THEM WHETHER WE LIKE IT OR NOT!!! I dont think drugs are as big of a deal, it’s your body…but for godsake pick up your needles if you are using and pick up your butts after smoking. Id rather everyone shoot up down the block if they really “have” to, its not that hard to do. We dont need a bunch of bs excuses for cops shutting us down. Dont get me wrong, i think we can handle most logistical and verbal abuse problems ourselves, but until you are a strong enough force to take on all of SPD no one will listen to you except a handful of self righteous armchair revolutionaries and the people hoping to perpetrate these crimes. We are sending a message to the community…come and victimize us!!! I used to be involved in the Seattle drug scene…there are lots of people that will gladly take us up on our little openhouse giveaway if we let them. Its one thing if people are acting poorly or disrespectfully…we can handle that i think, but we have no enforcing body to implement our rules. I will not let this movement be undermined by selfish choices and a policy of “what’s best for the whole group”. WE ARE NOT THE CATHOLIC CHURCH, STOP HIDING AND ALLOWING ABUSE. For one, we will scare people who are vital to this movement, we will cease to increase size if we have no standard quality of living. I didnt join this group to have some stupid internal gustapo deciding what is okay and when to call the police. In any case, YOU CANT STOP ME OR ANYONE ELSE FROM CALLING THE COPS…so until you have any way to back up this craptastic idea of autonomous security…it is a non-issue.

  • IHEARTCAPITALISM says:

    You won? Lol yeah right keep dreaming. The bank is still highly profitable, and unbeknownst to you morons, even if that branch was shut down there would hardly be a noticeable dent in the bank’s bottom line. Get a life. As a matter of fact, I plan on going down to Chase and opening up an account today just to spite all of you. Let’s have the OTHER 99% percent of voices heard when it comes to Occupy Seattle. You are the 1%..the one percent of idiots who continue to waste their time and make a fool of themselves.

    • seespikerun says:

      Actually if 700k people actually do transfer banks accounts…some where between 2.5 and 4 billion dollars will be relocated to community based banking institutes annually. The money saved by joining a non-profit credit union will go into peoples pockets and then into our local economy. We are not mad at tellers and plan on letting them know that we stand with them. Most get terrible benefits if any at all, and continue to face pay cuts, while the corporate level of banks are making record profits, including our tax $ in bailouts…if we can move our money to local member-run accounts, that money will be gradually diffused back down through the bureaucracy of the banks. That 40 million $ a year pay check for CEO’s will now be going to tellers at credit unions, as well as into our own pockets….to use in the local economy. The same number of jobs will still exist…if not more, once these organizations grow in strength. Most troubling of all…is these banks are still doing THE EXACT SAME THINGS THAT CRASHED OUT ECONOMY IN THE FIRST PLACE. speculative investing and derivatives gambling which need to be made illegal. Still…even more troubling is that all, these banks are going to crash again in 2012 when the next round of bad mortgages come up, and in the meantime have cut lending to the public 430% since 2009….stop these criminals, stop letting B of A and Chase get away with paying NO STATE TAXES (even though combined they should be paying over 200 million annually in WA, into our budget which is facing $2 Billion in cuts to education and job programs) and even more appalling …B of A PAYS NO FEDERAL TAXES EITHER…after refunds and tax credits they pay nothing….on over 11 billion in profits.

      • Dane says:

        Great post seespkerun,the big banks are out for one thing and that is profits,who they steal from to get it is the furthest from their agenda.

  • Aristokronik anarkist says:

    I was jammed for time and stopped at closest location to get a “Notary Public” on an official document i had to turn in to federal court with a notary public no later than November 2nd.
    Chase refused to stamp my document becuz i didnt have an account.They still have to honor the so called honest entrusted “Notary public”its a function of officiality from govt .It cant selectively notary public after they force them to open an account …why do they get to offer Notary public service..its not available to public..it was embarassing after i got mad and demanded notary public stamp before close of busines..the document never got stamped..bastards..

  • OliverG says:

    People have different thoughts but let’s face reality, even if that branch isn’t working, they still have lots of branches from all over the country but who knows? A lot we’re mad when huge retail banks decided to introduce new debit card or checking account charges, but the new fees have not gone over well. I am curious on what can these people can say about the new debit card fee plans at Chase and Wells Fargo that have been scuttled, as some banks are backtracking in order to keep customers. Here is the proof: Wells Fargo and Chase drop debit card fees.

    • Dane says:

      So what,
      So What, Wells Fargo,Chase, and BofA said they would drop the idea of debit card fees due to popular backlash, well don’t think they have given up on ideas to rip people off,they will find another way, to try and do it,The big banks are out for one thing only,and that is profits,they made their bed many times over,its time to stop them, and one way is for everyone to get their money out of those banks and into a Credit Union, or a community/local owned bank.