Sign the Petition: Urge Mayor Garcetti and the City Council to Launch a Public Inquiry into all Wall St. Dealings with the City of L.A.
Add your name to the voices demanding an investigation of these corporate rip-offs to recover millions to protect good jobs and restore services to our communities.
When Wall Street crashed the economy it took down L.A. in the process. They made us suffer then – and they are still making us pay a price. Since the foreclosure crisis, L.A. taxpayers have spent $1 billion in city services, tending to tens of thousands of neglected, bank-owned properties that blight our communities. Imagine the schools and parks and libraries for our children if we had we invested that amount in our neighborhoods since 2008? And just last year, Wall Street banks charged the city $300 million in fees alone — that’s over double what L.A. spends on filling street potholes! That’s why community groups, taxpayers, city workers and clergy are coming together to tell our elected leaders to stand up to Wall Street and recover the resources we need for middle-class public sector jobs and to restore vital neighborhood services.
We, the undersigned workers, taxpayers and residents, demand that Mayor Garcetti and the City Council launch a public inquiry into all Wall Street dealings with the City of L.A. Let’s recover millions to protect good jobs and restore the services that L.A. communities need!