Standing Up and Speaking Out at Chase

Nothing is going to change in this economy until people like us start to speak out. That’s why a group of Auburn residents took some time out of our busy Saturdays to deliver a letter to the manager of a local Chase branch.

The letter called on Chase to meet with people like us and explain what it intends to do with the $1.4 billion tax refund Chase is due.

Why isn’t that money going back into communities like Auburn to create jobs?

Why is Chase paying so little in tax when our public services like schools, higher education, and healthcare are facing massive cutbacks?

“I thought it went very well,” said Patti Larsen, the leader of our Working Washington delegation.

“I feel very good about the contact we made with Chase,” added Vernon Hill, who had a chance to talk to several customers about the special tax loopholes Chase gets.

Chase needs to continue to hear from us so it understands that we’re angry about the damage that big banks have done to our communities. They need to do their part to create jobs and rebuild our economy.

Make sure you sign up for text alerts to find out about the next step in our campaign to hold Chase accountable.

Why Chase? Why Now? (Part 1)

Why should Washingtonians pay attention to what Chase Bank is doing to our state’s economy? Because of the Great Recession.

The financial crisis of 2008 was like a tsunami.  Officially, it’s over.

But ordinary people in Washington are still picking up the pieces. People are still facing foreclosure and bankrupty because bankers’ greed flattened our economy.

How do we fix the damage? Where do we start?

First, we need to make sure that massive Wall Street banks like Chase that were a central part of wrecking our economy are held accountable.

These banks got a gigantic favor from taxpayers like us when our tax dollars bailed them out.

Big banks like Chase have a huge advantage over smaller banks because they were considered  “too big to fail”. That mean that Wall Street executives at major banks like Chase take it for granted that the federal government will bail them out if they got into trouble.

Banks like Chase made reckless and greedy decisions to boost their profits.  When they got into trouble, our tax dollars saved them.

Now  they have recovered nicely, generating over 29 billon in profit since 2008.

In fact, as Chase’s profits went up from 2009-2010 by 166% .

But the the amount they paid in taxes actually went down by 13%.

Our tax dollars bailed them out. But now that our schools, roads, healthcare programs, and other vital public services are facing cuts, Chase isn’t giving back or even paying their fair share.

Instead, Chase is taking care of Chase. Jamie Dimon, Chase’s CEO is making $10,000 per hour and he was given an additional $28 billion in bonuses and compensation.

We did our part to help Chase and other banks during the crisis. Why aren’t they doing their part to help us now?

That’s why Chase matters.

Tiempo para poner en las sombras de ojos verdes

Es hora de la verdad con el presupuesto del Estado, y cuenta hasta el último centavo. Pero ¿por qué no empezar a actuar del gobierno como unnegocio? Esa es la pregunta formulada por el representante estatal Andy Billig de Spokane, en este editorial invita a la reflexión. Es tan obvio.Descuentos significa menos dinero que in Cuando un negocio está teniendo un momento difícil, se vuelve a examinar los descuentos queofrece. Pero el Estado ha puesto lagunas del impuesto de sociedadesfuera de los límites. Y eso es sólo una receta para una mala gestión.

President Obama Meets with Participants in the 1968 Memphis Sanitation Strike

President Obama invited the surviving participants in the 1968 Memphis Sanitation Strike to honor their fight on behalf of all workers for safe workplace conditions, respect in the workplace, and a better life for themselves and their families. Dr. Martin Luther King, Jr., was killed while in Memphis trying to support the striking sanitation members, who were working toward forming a union.

See a timeline of the strike.

Working Washington Protests Tax Dodger Weyerhaeuser

It's Tax Day. Maybe you paid your taxes, but you know who didn't have to pay any last year? Weyerhauser, which kept $37 million.

That's why on Thursday we gathered around the Weyerhaeuser shareholders meeting to protest that they've taken our money, but instead of creating jobs for this community, have eliminated 748 jobs since 2005.

Not only did we spread the word about Weyerhaeuser to shareholders as they arrived in Federal Way -- we also asked some questions inside the shareholders meeting about creating a plan to create good jobs.

Federal Way Mirror reports:

"I pay taxes. Why shouldn't Weyerhaeuser?" asked Federal Way resident Omar Rubi. "They should create jobs for the community if they're going to take tax breaks."

Wendy Hall, co-chair of Pierce County Jobs With Justice's organizing committee, hoped Thursday's protest will motivate lawmakers to address corporate tax breaks.

"We're in a budget crunch," Hall said. "The least they can do is pay their taxes."