|code: 315706||Date: 2012/05/16 - 22:49||source: Press TV|
99-percenters hold Los Angeles rally against financial firms
(Ahlul Bayt News Agency) - The 99-percenters and Occupy Los Angeles activists demonstrated from the City Hall on Tuesday amid a new plan by city officials to deal only with financial institutions involved with community services.
Los Angeles authorities are reportedly proceeding ahead with a law that makes it binding for the city to conduct official business merely with those banks that extend various sorts of aid to local communities.
However, the protesters insist that such a measure does not adequately hold banks liable for their business dealings with common consumers.
Demonstrators also voiced their opposition against a plan by city authorities to prohibit setting up of tents in parks across Los Angeles.
LA police officers forcefully removed the Occupy Los Angeles encampments nearly six months ago.
Occupy protesters have been repeating the slogan, "We are the 99 percent" to distinguish themselves from the one percent of Americans that are in possession of the nation's greatest wealth.