The City of Austin should divest from Bank of America. BofA has shuttered more homes since 2007 than any other bank. It is kicking people out of their homes, in some cases, without any proof that they hold the mortgage on these homes. This devastates our communities and tears apart families already struggling to get by. The City of Austin is all about going green, but yet we put our money into a company who is heavily invested in mountaintop removal and has granted billions in loans to the US coal industry. If we want to create an environment that is healthier and keep families in their homes, we should be moving our funds to institutions that are responsible to our community.

One Response

  1. Karl Marx: “From each, according to his ability to each, according to his need.”

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