Post by lanl ns on Dec 6, 2005 15:28:30 GMT -5
Students to Boycott Slavery Banks; Marks 50th Anniversary of Montgomery Bus Boycott
12/5/2005 7:12:00 AM
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To: National and Assignment desks
Contact: Restitution Study Group, 917-365-3007 or paellmann@rcn.com or For lawsuit information, 609-462-7979 or carlmayer@aol.com
NEW YORK, Dec. 5 /U.S. Newswire/ -- Outraged over JP Morgan Chase's refusal to settle a slavery restitution case pending in the 7th Circuit Court of Appeals in Chicago, Ill., students, hip hop activists, church leadership, politicians, and reparations organizations are calling a boycott of the company's student loans -- a business worth over $9 billion.
The campaign, titled "One Student" is being coordinated by the Restitution Study Group, a New York non-profit headed by Deadria Farmer-Paellmann, lead plaintiff in the lawsuit. A press conference and rally to announce the boycott will take place on Monday, December 5, 2005, 12 noon at the JP Morgan Chase headquarters in New York City -- 270 Park Avenue, between 47th and 48th streets. The campaign website is located at: www.onestudent.us.
Extensive evidence exists linking JP Morgan Chase to the enslavement of over 14,250 Africans. In January of 2005, the bank was forced to reveal its complicity or lose lucrative vendor contracts with the City of Chicago, Ill. They reported that 13,000 enslaved Africans were used as collateral for loans from the bank, and that they owned another 1,250. JP Morgan Chase and its subsidiary, Bank One, are the no. 1 student loan providers in the United States. They control over 15 percent of this $45 billion industry.
"These companies have amassed enormous wealth off the backs of enslaved Africans. They participated in institutionalized terrorism, genocide, rape, torture, and theft of humans. They owe us restitution, but they refuse to pay. They left us no choice but to boycott," said Farmer-Paellmann, who launched the movement for corporate restitution for slavery in January 2000 when she exposed that Aetna Inc. wrote life insurance policies on the lives of enslaved Africans with slave owners as the beneficiaries.
In 2002, Farmer-Paellmann filed the landmark reparations case against corporations currently on appeal -- Farmer-Paellmann v. Brown & Williamson, CV 05-3266 or MDL 1491. The lawsuit combines allegations of consumer fraud and international human rights law, and demands that a humanitarian trust fund be created to heal the injuries slave descendants suffer from today as a result of slavery -- i.e. urban poverty, inadequate healthcare, and lost housing, employment, educational, and business opportunities.
Farmer-Paellmann is represented by attorneys Carl Mayer and Bruce Afran. Carl Mayer is former Professor at Hofstra Law School and former Special Counsel to New York State Attorney General, Elliott Spitzer. He is a prominent consumer advocate who played a key role in the United States Supreme Court victory for consumers in the case, Nike v. Kasky -- where Nike was sued for making fraudulent statements to consumers about its role in inhumane labor practices in its overseas factories. Bruce Afran is an Adjunct Professor at Rutgers University Law School where he teachers constitutional law. He has won numerous civil rights cases in state and federal courts.
Four other tainted student loan banks are included in the boycott -- Wachovia, Bank One, Bank of America, and Fleetbank. All of them have been confronted with evidence of their role in enslaving Africans but, like JP Morgan Chase, they refuse to comply with demands to pay restitution.
Students and reparations activists around the country will be on campuses distributing flyers entitled, "Ten Reasons Why Students Should Boycott JP Morgan Chase Student Loans". Activist Threefifths of New Haven, Connecticut began distributing flyers on the campus of the University of New Haven last Thursday. He said, "the students are eager to learn about reparations, and shocked that banks still exist that enslaved Africans".
Divine Shabazz, a student leader at Southern Connecticut State University, also began distributing boycott information last week to student organizations. He said, "Our campus has 29 different preferred student loan lenders. Four are slavery banks to boycott -- Chase, Bank One, Bank of America, and Wachovia. That leaves 25 better choices for our student loans."
Another campuses where students are doing outreach to their classmates on the boycott is Clark Atlanta University where all student identification cards and campus atm machines are from Wachovia Bank.
Other schools involved where JP Morgan and the other tainted banks provide loans and other services are in California, New York, New Jersey, Washington, D.C., North Carolina, and Florida.
Scheduled participants in the December 5, 2005, press conference and rally include: Deadria Farmer-Paellmann; Rev. Amos F. Kemper, National Prayer Warrior of the Church of God In Christ (COGIC)/Pastor of Saint Samuels COGIC in Harlem; Queen Mother Dr. Delois Blakely, Community Mayor of Harlem; Nana Soul, youth singer/activist from Artists and Activists United for Peace; Hon. Bill Perkins and Hon. Charles Barron, New York City Councilmen; Yaa Asantewaa Nzinga, artist/educator/actor; Carl Mayer and Bruce Afran; Latisha Divine, youth poet; Usavior, recording artist and activist from Black Waxx Recordings, the National Black United Front, Caucasians United for Reparations and Emancipation (CURE), and many more.
www.usnewswire.com/
What do you all think about Reparations for Slaves or the descendants of slaves?
12/5/2005 7:12:00 AM
--------------------------------------------------------------------------------
To: National and Assignment desks
Contact: Restitution Study Group, 917-365-3007 or paellmann@rcn.com or For lawsuit information, 609-462-7979 or carlmayer@aol.com
NEW YORK, Dec. 5 /U.S. Newswire/ -- Outraged over JP Morgan Chase's refusal to settle a slavery restitution case pending in the 7th Circuit Court of Appeals in Chicago, Ill., students, hip hop activists, church leadership, politicians, and reparations organizations are calling a boycott of the company's student loans -- a business worth over $9 billion.
The campaign, titled "One Student" is being coordinated by the Restitution Study Group, a New York non-profit headed by Deadria Farmer-Paellmann, lead plaintiff in the lawsuit. A press conference and rally to announce the boycott will take place on Monday, December 5, 2005, 12 noon at the JP Morgan Chase headquarters in New York City -- 270 Park Avenue, between 47th and 48th streets. The campaign website is located at: www.onestudent.us.
Extensive evidence exists linking JP Morgan Chase to the enslavement of over 14,250 Africans. In January of 2005, the bank was forced to reveal its complicity or lose lucrative vendor contracts with the City of Chicago, Ill. They reported that 13,000 enslaved Africans were used as collateral for loans from the bank, and that they owned another 1,250. JP Morgan Chase and its subsidiary, Bank One, are the no. 1 student loan providers in the United States. They control over 15 percent of this $45 billion industry.
"These companies have amassed enormous wealth off the backs of enslaved Africans. They participated in institutionalized terrorism, genocide, rape, torture, and theft of humans. They owe us restitution, but they refuse to pay. They left us no choice but to boycott," said Farmer-Paellmann, who launched the movement for corporate restitution for slavery in January 2000 when she exposed that Aetna Inc. wrote life insurance policies on the lives of enslaved Africans with slave owners as the beneficiaries.
In 2002, Farmer-Paellmann filed the landmark reparations case against corporations currently on appeal -- Farmer-Paellmann v. Brown & Williamson, CV 05-3266 or MDL 1491. The lawsuit combines allegations of consumer fraud and international human rights law, and demands that a humanitarian trust fund be created to heal the injuries slave descendants suffer from today as a result of slavery -- i.e. urban poverty, inadequate healthcare, and lost housing, employment, educational, and business opportunities.
Farmer-Paellmann is represented by attorneys Carl Mayer and Bruce Afran. Carl Mayer is former Professor at Hofstra Law School and former Special Counsel to New York State Attorney General, Elliott Spitzer. He is a prominent consumer advocate who played a key role in the United States Supreme Court victory for consumers in the case, Nike v. Kasky -- where Nike was sued for making fraudulent statements to consumers about its role in inhumane labor practices in its overseas factories. Bruce Afran is an Adjunct Professor at Rutgers University Law School where he teachers constitutional law. He has won numerous civil rights cases in state and federal courts.
Four other tainted student loan banks are included in the boycott -- Wachovia, Bank One, Bank of America, and Fleetbank. All of them have been confronted with evidence of their role in enslaving Africans but, like JP Morgan Chase, they refuse to comply with demands to pay restitution.
Students and reparations activists around the country will be on campuses distributing flyers entitled, "Ten Reasons Why Students Should Boycott JP Morgan Chase Student Loans". Activist Threefifths of New Haven, Connecticut began distributing flyers on the campus of the University of New Haven last Thursday. He said, "the students are eager to learn about reparations, and shocked that banks still exist that enslaved Africans".
Divine Shabazz, a student leader at Southern Connecticut State University, also began distributing boycott information last week to student organizations. He said, "Our campus has 29 different preferred student loan lenders. Four are slavery banks to boycott -- Chase, Bank One, Bank of America, and Wachovia. That leaves 25 better choices for our student loans."
Another campuses where students are doing outreach to their classmates on the boycott is Clark Atlanta University where all student identification cards and campus atm machines are from Wachovia Bank.
Other schools involved where JP Morgan and the other tainted banks provide loans and other services are in California, New York, New Jersey, Washington, D.C., North Carolina, and Florida.
Scheduled participants in the December 5, 2005, press conference and rally include: Deadria Farmer-Paellmann; Rev. Amos F. Kemper, National Prayer Warrior of the Church of God In Christ (COGIC)/Pastor of Saint Samuels COGIC in Harlem; Queen Mother Dr. Delois Blakely, Community Mayor of Harlem; Nana Soul, youth singer/activist from Artists and Activists United for Peace; Hon. Bill Perkins and Hon. Charles Barron, New York City Councilmen; Yaa Asantewaa Nzinga, artist/educator/actor; Carl Mayer and Bruce Afran; Latisha Divine, youth poet; Usavior, recording artist and activist from Black Waxx Recordings, the National Black United Front, Caucasians United for Reparations and Emancipation (CURE), and many more.
www.usnewswire.com/
What do you all think about Reparations for Slaves or the descendants of slaves?
