A little less than a year ago after coming back from a visit to my family in Brooklyn and a visit to Occupy Wall Street, Anne and I decided to move our mortgage and all of our banking business from Bank of America to our local school’s credit union.
Bank of America, after all, epitomized the Wall Street Banksters who were making huge profits before and after the housing collapse.
It was a huge surprise then to get the ad above from NEA Member Benefits touting Banksters of America.
BANK OF AMERICA: In 2009, Bank of America didn’t pay a single penny in federal income taxes, exploiting the tax code so as to avoid paying its fair share. “Oh, yeah, this happens all the time,” said Robert Willens, a tax accounting expert interviewed by McClatchy. “If you go out and try to make money and you don’t do it, why should the government pay you for your losses?” asked Bob McIntyre of Citizens for Tax Justice. The same year, the mega-bank’s top executives received pay “ranging from $6 million to nearly $30 million.”
The following are IEA members on the NEA Board of Directors. Maybe we can send them a note expressing our unhappiness with the NEA playing footsie with Banksters of America.
And their email addresses.
What makes this doubly troubling is the fact that I have not seen a word of support from the NEA in our fight for our pensions.