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News :: Labor : Media : Organizing : Politics : Social Welfare
Kanye-inspired “Gold Diggers'' remix calls out Bank of America/Fix the Debt scheme to snap up your tax dollars
30 Jan 2013
Flashmob's parody highlights financial giant’s true plans for US taxpayers via “Fix the Debt” front group.
Your browser does not support embedded sound files. <a href="http://boston.indymedia.org/usermedia/audio/5/217324_Gold_Digger_-_BofA_Fix_The_Debt_Remix.mp3">Download the file.</a>
Kanye-inspired “Gold Diggers" remix calls out Bank of America/Fix the Debt scheme to snap up your tax dollars
You may have seen their ads on TV or been accosted by a Fix the Debt canvasser on the street – they claim to be a grassroots effort promoting steps to reduce the national debt. But the truth is, Fix the Debt is just another corporate-financed DC lobbying group looking for taxpayer handouts.

That revelation prompted a flashmob-style demonstration today outside the New England headquarters of a major Fix the Debt funder and beneficiary, Bank of America (NYSE: BAC). More than 75 workers and retirees, police in tow, descended on the financial giant’s Federal Street building to call Fix the Debt corporations out for what they really are: gold diggers.

Check out video of the “Gold Diggers: BofA/Fix the Debt Remix” flashmob here: http://MassUniting.org/GoldDiggers
[Performed by Twice Thou and Khalil – see above link for audio and full lyrics]

The action comes on the heels of a report from the non-partisan Institute for Policy Studies (IPS), which reveals that Fix the Debt’s legislative agenda has little to do with the national debt at all. In fact, the bulk of the group’s lobbying activities have focused on securing billions in new corporate tax breaks at the expense of American workers and seniors.

Make no mistake, Fix the Debt does support cuts to Social Security and other vital programs – as well as raising the retirement age – as a way to reduce federal spending, But according to the IPS report, Fix the Debt plans to use those savings to fund more than $134 billion in tax giveaways for its 63 publicly-held member corporations -- including Bank of America, Verizon (NYSE: VZ) and General Electric (NYSE: GE). Keep in mind, 24 of these Fix the Debt companies already pay their CEOs more than they paid in federal corporate income taxes. Twenty-two spent more on lobbying than they did on their tax bill.

So much for “fixing the debt.” As it turns out, the corporate-financed Fix the Debt campaign amounts to old school gold digging at its worst. Might want to mind your pocketbook.

Want to put a stop to Corporate America’s gold digging? Tired of your tax dollars paying for bank profits and CEO bonuses? Visit http://MassUniting.org/GoldDiggers to sign up and help expose Fix the Debt’s corporate greed!
75+ seniors, workers gather outside BofA headquarters.JPG
Kanye-inspired “Gold Diggers" remix calls out Bank of America/Fix the Debt scheme to snap up your tax dollars
BofA\'s Corporate \'Fix the Debt\' Pig gets his gold diggin\' on.JPG
Kanye-inspired “Gold Diggers" remix calls out Bank of America/Fix the Debt scheme to snap up your tax dollars
See also:
http://MassUniting.org/GoldDiggers

This work licensed under a
Creative Commons license.
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