Action at Citibank in Washington DC

[TheSolarmike]

My banks are my battery bank and the seed bank.

[jmcnallyau]

Protest GOOD FUCK OFF

[Adahondeayenh]

Lol i invested in citi bank i think it will pick up in a few months.

[7boon]

Citibank is now insolvent anyways.

[daniel987878]

I'm not liberal or anything. But the financial industry is too big right now. It's gonna get a whole lot smaller once the excesses are through in the global bubble economy. Hell citibank is probably gonna collapse or be merged with another comparable institution within the coming couple of years as it is technically insolvent (Liabilities exceed assets). It also has 1 trillion in off balance sheet "assets" which it was meant to bring back to its books but the government gave it 1 year extension.

[aydiosmio31]

You liberal communist piss me off i work at citi and you can all fuck off

[daniel987878]

Your gonna join the hippies soon. Coz the global financial industry is almost done using you to fuck everyone over. They're gonna chew you up and spit you out.

[aydiosmio31]

I'd never join the fuckin hippies and where are your economic theories comin from all citibanks ever given me are raises and promotions, you don't know shit about the bank I guess is what I'm lettin ya know

[daniel987878]

I'm not liberal or anything. But the financial industry is too big right now. It's gonna get a whole lot smaller once the excesses are through in the global bubble economy. Hell citibank is probably gonna collapse or be merged with another comparable institution within the coming couple of years as it is technically insolvent (Liabilities exceed assets). It also has 1 trillion in off balance sheet "assets" which it was meant to bring back to its books but the government gave it 1 year extension.

[aydiosmio31]

Don't you worry we'll be just fine, we know how to take care of ourselves. You can just can just wait and see.

[daniel987878]

We wont be just fine. You seem to be under the impression that everything will be ok if you just look the other way. Btw you have nothing to do with how your country is run and if you just let the status quo operate when they dont need you anymore they wont care about you. They pay you well now though.

[aydiosmio31]

You make the bank money they take care of you, and I make the bank money, do you work for a bank? Are you licensed? Or do you just like to read your opinion even though you don't know shit about Citi

[daniel987878]

How do you make the bank money? Are you giving home borrowers credit they can't afford so that you can repossess their house later?

[aydiosmio31]

People apply for credit and loans key word is apply if people make bad finicial choices its the banks fault right, we loan people money if they don't want it don't apply, and how I make the bank money is trading for smith barney.

[daniel987878]

People with poor decision making skills ansd who come from disadvantaged areas have been abused too. I'm not saying citi are 100% to blame in this instance but they definetely were negligent.

[aydiosmio31]

You don't seem all bad but the point to remeber is a bank is a busniness, we have to make money just like every other business. Blaming banks for people taking out loans they can't afford is the same a blaming McDonalds for fat people and Heart Disease, people have free will and choice and are lucky to have the choice to even make a bad investment but we shouldn't be expected to hold everyones hand along the way people need to take responsibility for their choices not blame banks

[daniel987878]

They are in alot of instances responsible for taking advantage of people. But most of the time people should make their own decisions as to whether take out credit. Citi and co are responsible for contributing to the credit excesses stemming from the securitization markets, fraudulent activities at the futures and otc markets along so many other things. They are one part of a complex fraudulent edifice designed to keep the status quo.

[daniel987878]

Still taking care of yourselves? Reality starting to sink in yet? The banks are almost done with ya.

[aydiosmio31]

Citi stock rose 17.53 percent today, we're not wa mu citi owns more business' than we even need we won't be bought out by the fed or Treasury. So yes taking care of ourselves and customers who still keep money make payments. Business is fine the US economy still makes the rest of the work look like shit look at the percent of how much foreign markets fell this year then get back with facts

[aydiosmio31]

"rest of the World not work"

[daniel987878]

The people that control your banks are turning your country into socialist russia. Do you fail to see this? Are you supporting the system because at the moment you're ok? Do you know your constitution and what you country even stands for? After socialism comes fascism.

[aydiosmio31]

But being from australia Im sure you know a lot about American banks, because of all the citibanks you see there so you can generalize an industry but as I said trust me you don't know shit about the bank and we'll take care of ourselves big industry is good, big gov is the problem

[daniel987878]

Citi is here too. I bet I know more about citi than you. Just in case you didn't know about globalisation.

Did you know citi is one of the largest shareholders in the FRB too? That kinda means that citi is big gov too I suppose. Since they have massive influence over the appointment of leading personnel in the monetary authority.

Your government is foreign interventionalist so I'm gonna become foreign interventionalist until their made accountable. I got no problem with America or anything.

[bryguyisfly]

Future Leaders of America? If that is so, America is in for quite the downfall.

[Aetopus]

It's not easy being Green but we've got to start somewhere and we got to start NOW!

[texmatt]

Don't you realize that it's the wealth generated in this country by coal, banks, etc. that allow you the free time and easy lifestyles to waste on pointless sit-ins? How about doing something real - tutoring a child, visiting a nursing home? Your view is so "global" that you fail to see the needs of people in your own neighborhoods. Maybe that's the point - you're so busy "saving the world", you aren't forced to deal with real people with real needs around you. It's OK to be a quiet hero.

[KKoskipaa]

Why not do all of the above? This either/or argument is baseless. In one afternoon you can dump a wheelbarrow of coal into a fatcat banker's lap -and- share the food you grow with your neighbors. There is time.

Lighten up. We're all bozos on the same bus.

[texmatt]

I hope us bozos agree that either/or arguments can be useful in helping to shape one's character and direction in life. My argument is based on the following: Spending an hour being self-indulgent and wasting time, money, effort and talents = bad. Spending an hour being truly charitable and effective with your time, money, effort and talents = good. Spending two hours doing both means you've wasted an hour's time and effort doing the former when you could have used it doing the latter.

[thenvironmentalist]

AWESOME!

[SyntheticLust]

politics, hooray

[id1989]

Coal is not funding any war. Citi uses its investments to further enhance its profits which is completely understandable. Clean use of coal does not hurt communities, in many cases it is the sole business entity that keeps a particular community running. Coal helps America shift away from other energy sources, and is a vital part of the economy. If citi were to withdraw investments from such an profitable industry it would only enhance its loss in revenue.

[Aetopus]

Coal is one of the biggest contributors to CO2 and CO2 is a green house gas and does massively pollute the environment!

[surfaceblaster33]

To answer some of your questions:

no bears blown up no baby bears blown up. Do you have any idea the trouble you would get into for blasting a house? No you do not. I am a blaster and it is not just put explosives in the ground and see how many complaints you can get. You may live in a mining community but do you REALLY know what really is involved in the whole mining process? Let me answer that no you just think you do.

[chere7up]

Well girly girl they dont have the money to do that now.

[garcia36]

Fucking hippies. I work for Citi Group and it's fabulous.

[frankodelic]

Way to go RAN!

[surfaceblaster33]

not only have i studied i live in them. the three stooges you speak of are more than likley paid to bitch and complain and they do one hell of a job. i am open to look at different sides unlike some of the peolple on the other side. i work on a surface mine and i am proud of the work i do and if you would look in th ecommunities that we go into we IMPROVE the land and community. one of the videos that julia is in was a shed built by the company i work for

[Onahinli]

Harsh and threatening words, along with Name-Calling make an emotional tirade and a weaker argument. Why are you so threatened by Progress and new technologies?

[hollermommy]

Hey surfaceblaster, prove you're a friend of coal, turn off your water. I can gt my electricity from wind and solar. I live near the mine sites, I know what you do there. How many bears have you guys blown up lately, how many baby bears have you all covered up this week? How many people's homes have you blasted and caused damage to. How many gallons of poison have you all buried ?

[surfaceblaster33]

i must say i am sorry for thinking coal is the cheapest energy source. i realize now that all you tree huggers have nothing better to do. what we could do is put you all in front of a bunch of wind mills and have all the energy we would ever need. then again that would be a lot like work and all the hot air would be REAL global warming.

[jfwo357]

Great analysis surfaceblaster. I especially loved the employment data you provided on all those hippies. Oh and how you've taken the time to really investigate exactly communities in Appalachia are affected by the extraction of that glorious cheap energy source. I'm sure you can show that people like Larry and Judy and Ed and thousands of others in the coalfields are all part of an elaborate hoax.

[surfaceblaster33]

it is a shame that someone will post a fact and get put down when a bunch of no job hippies shut down a place of business. just because you don't want to work does not mean that everyone is that way. have any of you ever been on a strip job? do you even know what you are talking about when you say this and that? i always say if you don't like coal boycott the power company and cut off your power and live in the stoneage.

[Onahinli]

Not ALL hippies are no-job whiners living in the stoneage. New progress revolves around promising new technologies being developed that have already shown proven track records in improved health and financial benefits for the working class FAR beyond anything the repub/democrats have offered.

 Your harsh attempts to intimidate with Name-calling simply displays a small vocabulary of a scared, desperate person who feels threatened by something he is not yet part of.

[louisarigali]

Nicely done, guys. I really wanted to be at Power Shift but unfortunate circumstances kept me from going, so being able to see and take part in the experience through videos like these is great. We can do it--things are changing already! As a generation we can unite and make real change.

[sarlynn]

That's me in the pink jacket after the coordinator told us we shut Citibank down! Being there was so amazing!

[lookspacefilms]

well done.

[bpricesc]

nicely done and a great way to bring attention to this issue. Way to go RAN, CRMW, coalfield residents and students from Power Shift.

[presdawg]

My issue is this: we need affordable, efficient, and EFFECTIVE energy. Right now that's coal. Let the free market change energy production...not special interest groups. Give it another decade or more. Secondly, did you know that CO2 production caused by cars/industry and such make for only >7% of all CO2 produced in the world? Don't accuse the mean, old, coal/oil companies. Do the research, don't let people tell you what to think. Oh yeah...I have a college degree, too.

[GabrielGerow]

Coal, in addition to producing CO2, particulate pollution, SO2, lead, mercury, CO, and NOx, also requires one of the most destructive mining techniques known to harvest it; strip mining.

Coal is also faced with a severe "free market" issue. The highest quality and easiest to mine reserves have already been recovered. As a result, the energy-to-profit ratio for coal has been declining for decades. The remaining reserves can only be recovered at rising financial and environmental costs.

[GabrielGerow]

Another problem with "free market" strategy is that the biggest players in this market, the mean, old, coal/oil companies, have huge financial weight and only see the quarterly bottom-line. The environment doesn't have a quarterly price tag. Insurance companies, have been suffering record losses due to environmental disasters caused by global warming and are now facing an industry wide crisis. Another decade or more? According to 2000 of the world's scientists that would be global suicide.

[GabrielGerow]

Denmark gets %20 of its energy from wind. Germany has 18,000 MW of wind energy and will have 26,000 by 2009 at prices that beat coal and nuclear. Lets talk about affordable, efficient, and effective, and how Europe has developed far more effective renewables than the U.S., how China is developing far more efficient electrical grids than the U.S., and how it's all more affordable than the financial and political burdens of funding strip mining domestically and oil extraction in the middle-east.

[GabrielGerow]

Only %7 in the world? You sound like an educated person, say that the global system for carbon dioxide starts in equilibrium and can absorb all of the CO2 naturally produced. What happens if you add %7 to that total to be absorbed? Well, some of it might be absorbed, but a lot won't, and even the stuff that DOES get absorbed starts to overload the natural sinks, like oceans, and cause PH problems which wipe out ocean fisheries. The CO2 left in the atmosphere gets an additional %6-7 each cycle.

[GabrielGerow]

As an educated person I'm sure you can see the outcome here. %7 might not seem like a big number but it sure is in systems theory. And it sure is when talking about %7 of ANYTHING globally. You see how this works, you know what human beings face, we need college educated people like yourself to help turn this around. You're a smart guy, you bring up great points, you can make a huge difference for yourself and the rest of the world by taking this threat seriously.

[GabrielGerow]

You should hook up with Rainforest Action Network or Greenpeace and make the companies move in the right way. Peace, man.

[Onahinli]

IF you have a college degree, then you probably don't have to worry about being killed by your job mining while the coal. Whether Global Warming is true or not, developing countries like China and India will soon be taking much more traditional resources and America is already experiencing more need for food pantries due to increasing hunger.  Green technology is just another stepping-stone advancing us towards more effecient and available energy to supply the increasing needs.

[AndrewRMunn]

I love you all. Inspiring. This is a change we need to make to reach 80% reductions by 2050 and to re-energize our economy with 5 million green jobs. It'll happen.

[JeanMcmahon]

As The World Burns,it is great to see people doing something to stop the madness.The hippies and the 60's veterans were right to stop the Vietman War and to start up Earth Day..

[presdawg]

Actually, all of you are funding coal powered plants. Turn on your house light, a kitchen stove, or your tv. You pay for your electric bill, right. Don't be hypocrites. Hippy non-sense...

[GabrielGerow]

Yeah, wow, unless of course you decide to buy green energy credits, which of course come from sustainable and renewable sources like wind and solar. Your complaint about investing in a dirty system is the environmental movement complaint too, we need a different energy infrastructure. And guess what? This protest and those like it change that infrastructure, by forcing investors like Citi to instead support clean energy development. Hooray for intelligent, non-hypocritical and active hippies!

[hollermommy]

presdawg, as your child is suffering from poison, you can say that you didn't help us because you thought the people trying to make positive change was hypocrites! You won't fool your children! Green jobs with renewable energy. College students at Power shift ROCK!

[hollermommy]

presdawg, prove you love coal, turn off your water and drink coal waste sludge. I'll get my electricity form solar and wind and keep my water. Lets see who lasts longer.

[olsonbd]

very nicely done!

[calvinjones]

Great work :-)

[alexcaulfield]

Great job everyone. This is awesome.

Bo

[trouserdude]

This is amazing!