Occupy Our Homes: A New Direction for Wall Street Protesters

Occupy Wall Street has continued its protest with a new movement labeled “Occupy Our Homes.” According to the Occupy Our Homes website Tuesday was declared the “National Day of Action to stop and reverse foreclosures.”

Events took place in over 20 cities nationwide. Action took place in Atlanta and Ohio, where the site reported that “Empower and Strengthening Ohio's People in Cleveland went to five Chase branches & simultaneously delivered letters to CEO Jamie Dimon and FHFA head Ed Demarco calling for principle reduction for homeowners” with similar action taken at Bank of America and Wells Fargo.

Action started in New York at 1 p.m. Tuesday, with very detailed instructions for participants given on the OWS site where it states they will “focus on the foreclosure crisis and protest fraudulent lending practices, corrupt securitization, and illegal evictions by banks.”

The Bank of America issued a letter to all Field Service Suppliers preparing them for possible protests at “auction sites, homes that are being foreclosed, homes in the eviction stage, and vacant homes.”

Followers of Occupy Wall Street voiced their support, with one stating, “I applaud OWS for calling for this action. We are systematically exposing all that is wrong with the way our economy, and our country are being run, and who its being run by.”

The Occupy Wall Street movement started on Sept. 17, 2011 at Zuccotti Park in New York City. Over 1,300 arrests have been made since its beginnings in New York alone, where the NYPD has reported that it has spent over $7 million in overtime forces.