Friday, April 6, 2012

Banks are draining public #transit with intentional debt while oil get billions in subsidy from taxpayers

PRESS ADVISORY: Statehouse Steps Occupied | Occupy Boston: "On April 4th, Occupy the MBTA, a working group of Occupy Boston, launched Camp Charlie, a ten day occupation of the State House steps to protest fare-hikes and service cutbacks on the MBTA. Having survived the depths of the recession, the 99% now faces additional taxes in the form of escalating T fares and the loss of essential transport routes. This is a further transfer of public wealth to the banks. These are the same institutions that were bailed out by the American taxpayer after being rendered insolvent by their own, criminal recklessness. The only debt in need of servicing is their debt to us. In a country that lavishes four billion dollars in subsidies on the oil companies, the relentless assault on public transport could not make less sense – ethically, environmentally, or otherwise. Camp Charlie will be a place for public debate, conversation, and outreach – a living testament to the refusal of the people to be further abused by a clutch of corporate interests, multinational banking cartels and consolidated oil interests."

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