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Save 300,000 Jobs--Boycott Chase

by: emptywheel

Wed Apr 08, 2009 at 11:00:40 AM EDT


Cross-posted at emptywheel

Michigan and Chrysler have about 2 weeks to get JP Morgan Chase to renegotiate Chrysler's debt--or 300,000 people will lose their jobs. To pressure JP Morgan to negotiate, FDL and Progress Michigan are calling on people to boycott Chase.

emptywheel :: Save 300,000 Jobs--Boycott Chase
JP Morgan Chase wants to push Chrysler into bankruptcy so it can jump the line ahead of retirees and US taxpayers to get paid back.

If JP Morgan Chase does that, 300,000 people will lose their jobs.

That's sorry thanks we get from a company that has gotten $25 billion in TARP funds from American taxpayers--plus billions more in other benefits from the Wall Street bailout.

My husband and I decided the only way to pressure JP Morgan Chase to negotiate in good faith with Chrysler was to close our Chase accounts. We want our money to go to a bank that is investing in rebuilding Michigan--not bankrupting it.

Now, FireDogLake and Progress Michigan are calling on others to join our Chase boycott.

Sign the petition

Join the FaceBook group

Find your Michigan Chase branch and close your account

Tags: , , , (All Tags)
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We need your help! (4.00 / 1)
We all know someone that already has been or will be affected by this. Please, sign the petition and send it to everyone you know, and if you're a user at DailyKos, give EmptyWheel's great diary a recc to get it to the top of the list!

I want to change the world, not help people adjust to it. - Millie Jeffrey, MI - National Women's labor and Democratic activist, Presidential Medal of Freedom Recipient

Wish you'd recorded the Chase manager that closed the account (4.00 / 1)
What was their reaction?  What did you tell them about why you were closing your account.  My wife has an account at Chase.  I will try to convince her to close her account too and record the event.

What I told him (4.00 / 1)
Link

He was actually the same guy with whom we had deposited my husband's buy-out check a few months ago.

He read the thing closely--and said "the last thing MI needs is to lose more jobs." He also admitted that JPMC had gotten real sweetheart deals in the WaMu and Bear rescues (which I didn't have on my explanation, but I knew about). So he's aware JPMC has been getting its share of taxpayer love.

But then he tried to convince me that UM was as nasty an entity as Chase.


[ Parent ]
Listen to Jane Hamsher on The Nancy Skinner Show today (4.00 / 1)
Jane will be on at 3 p.m. to talk about this with Nancy, and Nancy will be closing two accounts at Chase.

You can listen live at http://www.nancyskinnerlive.com and call in to the show at 888-OH-NANCY (888-646-2629).


Try http://www.ktlk.com (0.00 / 0)
The other stream isn't working right now. Damn!

Chrysler on JP Morgan Chase (0.00 / 0)
What JP Morgan Chase did to Chrysler is such a crazy idea for me, not only will they make the workers living in hell and all that, also they make the car company close down and not able to do their cars and some car parts (brake discs).


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