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Will the Showdown in Chicago Live Up to Progressive Hype?

By   Follow Me on Twitter     Message Kevin Gosztola       (Page 2 of 4 pages) Become a premium member to see this article and all articles as one long page.     Permalink    (# of views)   2 comments

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Sen. Dick Durbin then came up to speak and he provided insight into the situation Americans face, what he hopes the bankers would see in Chicago while they are here, and how corporate power has been diluting the reforms he has been fervently supporting for the past years.

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He told a story about a woman who suffered from predatory lending and he talked about how Newt Gingrich and George Will would be speaking to the American Bankers Association.

Following those speakers, a People's Commission was held to allow several speakers the opportunity to detail what has happened to them as a result of the banks' greed. They all came from community action or people's action organizations (most of them affiliated with the National People's Action network).

Rickie Coleman from Sunflower Community Action in Kansas loudly and raucously led the audience through this People's Commission. The audience was the jury. The defendants were the banksters. The plaintiffs were the American taxpayers who had been defrauded. The banksters were not surprisingly found guilty and accountability was demanded.

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Rev. Tony Pierce then stepped up to explain "there is cause for hope" despite all this. And he delivered a fiery speech that essentially laid out the reforms that the Showdown in Chicago will be pushing throughout the next couple of days.

Pierce explained "where there is a demand from the community for affordable financing, the banks must do it. We need at least $1 billion and we expect to cash that check."

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Kevin Gosztola is managing editor of Shadowproof Press. He also produces and co-hosts the weekly podcast, "Unauthorized Disclosure." He was an editor for

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