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Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

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Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Protesters Want Accountability from Minnesota's Big Banks

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Wednesday, October 12, 2011   

MINNEAPOLIS - Jobless workers joined labor leaders Tuesday, calling on Minnesota's biggest banks to help jump-start the state economy by investing in job creation and lending to more small businesses.

One of the protesters, LeAnn Bosquez of Maple Grove, says big banks received trillions of dollars in the bailout from a financial crisis she says they helped create.

"Big banks were pushing horrible mortgages. People were not understanding how they were working, and they got into them - which crashed the economy, which cost us jobs."

Bosquez, who lost her job during the recession, says she's still looking for work despite extensive experience in the financial industry and with business management.

"I've turned companies around. I've taken successful companies and grown them. I have a fantastic background. When I have applied for jobs, when I have followed up and talked to someone, they say 'Oh, I'm so sorry. We had over 300 people apply for that job and we've been trying to get back to all of our applicants, but there are just so many, it's hard.' "

Before the financial collapse, Bosquez says, the handwriting was on the wall, but banks just kept pushing for profits.

"I, as a citizen, knew that there were going to be massive foreclosures, and if I was able to figure that out, there's no way I would believe that banks and Wall Street didn't know that also."

The Minnesota AFL-CIO cites independent research which shows that in the past four years, Minnesota's biggest banks - Wells Fargo, US Bank and TCF - have cut their small-business lending by nearly 70 percent.

More details on the protest are online at mnaflcio.org.


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