Hey!

Welcome to Blip, home of the best original web series! When you’re done watching this episode, checkout some of our top shows or learn more about us!

×

Truther

Dan from Occupy Minnesota, former employee from Wells Fargo

Other Sharing Options

×
Embed
The embed code has been copied to your clipboard
Share
About this episode
This is the first installment of my series of reports on the Occupy Movement, a movement that started in New York USA, and quickly turned global wit...
This is the first installment of my series of reports on the Occupy Movement, a movement that started in New York USA, and quickly turned global with occupy groups now in Greece, UK, Spain, Portugal, Italy, Australia, and many other places around Earth. Dan is former employee from Wells Fargo bank in Minneapolis, USA who says he was fired because the Personnel Office called him in, and told him his position was being eliminated. He witnessed how the banks including his former employer got free money from the US Government while at the same time forcing people into unemployment, and out of their residences. It used to be that when a big corporation would do mass reductions of staff they would offer older employees a buy out, he said in Wells Fargo’s case they did not need to do that. He talks about how the banks have been profiting on foreclosures due to them being involved in banking, real-estate lending, and mortgage insuring. The banks let the foreclosed houses sit empty for long periods of time because they have no incentive to get them occupied because they’re getting double, and triple pay from the government in the form of banker aid, mortgages, and insurance on foreclosure. This is a global phenomenon that is causing increased poverty around the world, and if these banks are not stopped, will lead to the collapse of civilization. Less
22:39
Discover the best in original web series.© 2012 Blip Networks, Inc. All Rights Reserved.