Neighbors Make Trash Deposit At SJ Bank In Protest Of Blighted Foreclosure

SAN JOSE (CBS 5) – About a dozen concerned members of a neighborhood group came to the Wells Fargo Branch at Story Rd. and King Rd. in San Jose Wednesday carrying trash bags instead of money sacks.

Protesters left the waste inside the bank lobby as managers rushed to call police. The trash dumped Wednesday was collected at blighted bank-owned property connected to Wells Fargo.

The group hoped the protest would spur the bank to clean up a home on Sinbad Ave.  Protesters eventually left without arrests being made.

Wells Fargo claimed that it was not responsible for the upkeep of the home on Sinbad Ave. CBS 5’s Len Ramirez confirmed that the property is currently being handled by Bank of America.

The City of San Jose said Wells Fargo has generally been responsible with most of the foreclosed properties it handles.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Comments

One Comment

  1. Silly Wabbit says:

    “The group hopped the protest would spur….”

    Honestly…..where does CBS San Francisco they get their writers? My 9 y/o nephew could have picked up this error easily….”hopped” vs “hoped”.

    I ask the writer…..if you had a hole in your pocket, could you lose your loose change, or could you loose your lose change???

    1. kev says:

      Hey, Captain Spelling: an ellipses looks like this…not like this…..

      1. kev says:

        And before you nit it up over my misspelling of ellipsis: it’s meant to be ironic.

      2. Another 5 letter word for fraud... OBAMA says:

      3. tyey says:

        hey Kev you dope – that’s the not the correct usage of ironic – maybe you should admit your are an egotistical dimwit who types before you think. How dishonest of you to try and make it sound intentional – lefty wanker, correct?

    2. Booyah says:

      “Honestly…..where does CBS San Francisco they get their writers?”

      LOL. If you are going to call out people about their spelling, make sure you can write your sentence correctly. My 8 y/o nephew saw this error.

  2. oldfart says:

    If in fact it was a B of A property then those responsible for dumping the trash should be arrested.

  3. Eric says:

    in the words of the immortal Homer Simpson…

    D’OH!

  4. Jack says:

    Californians PROTECT yourselves!!! Buy physical silver. HURRY!!! Jack

    1. Scooch says:

      Where do you buy your silver

  5. Henry Thoreau says:

    This is what stupid looks like.

  6. Mike says:

    CBS 5′s Len Ramirez confirmed that the property is currently being handled by Bank of America.

    HAHAHAHAH…

  7. NooYawkah says:

    Is anyone else getting sick and tired of those annoying, visually disturbing ads for wrinkle cream, sleep aids, and car insurance that pops up EVERYWHERE? They may be doing their job of grabbing my attention but I will NEVER click on them.

    1. sdgsdfg says:

      good job sparky. Mission accomplished – how many more are now going to look for them to see what you’re talkign about. This your first day out in the world?

    2. solo_poke says:

      I make a point of never buying a product that is advertised to me in my face.

    3. Doug Glass says:

      Firefox browser and AdBlock Plus addon. Works beautifully to block a very high percentage of ads. And no, IE has nothing as efficient as ABP for FF.

  8. Absolutely says:

    Typical idiots. They go and clean up the lot, then instead of being responsible and taking the trash to a dumpster they act like five year olds and drop it off at a bank. A s s holes!!

    1. citizenx74 says:

      … and to the wrong bank at that!!

  9. Digitalbob says:

    I am eagerly awaiting ‘the Big One’.

  10. suckittrebeck says:

    San Jose is valley of the brain dead.

  11. Jason says:

    Why don’t we arrest the criminal bankers that got us into this mess along with their political buddies?

    JJ The Fed

    1. darrell7887 says:

      Their names are Chris Dodd and Barney Franks.

      1. Sam Buca says:

        It’s Barney Frank. Not Franks. There’s one weiner in Barney.

      2. tiki886 says:

        It’s Bwarney Fwank.

    2. Andy VanMiddlesworth says:

      First of the banks did not cause this,the con-artists and community activists demanded the banks loan money to unqualified deadbeats .These people should have never been given loans in the first place and now everyone else has to pay for it.As for the idiots who trashed the bank ,they should be ashamed of their stupidity,but then again its California and they have no shame .

      1. Gruppa says:

        Really? Con-artists actually strong armed banks into making unqualified loans? Thousands of them? That’s quite a spin and the stupidest thing I’ve ever heard. Citation please.

      2. Dixon Oliver Busch says:

        It’s called “red-lining” and banks are forced by federal (law or regulation) to provide loans to a minimum % of applicants who don’t qualify, but who are “protected” based on ethnicity or other factors. Remember, “all animals are equal, but some are more equal than others” – Animal Farm

        I’ve been advised by a credible source that Obama was one of the ACORN lawyers who’d go after banks that didn’t comply with the above-described ruse, again, all based in Federal Law (legal crime)

        Barney’s Frank and Chris Dodd were instrumental in interspersing all those bad loans into virtually all areas of the now-digital financial sector, and the resulting Hindenburg-like plummeting inferno was so massive and convoluted that everyone with any investments paid for it and was simultaneously duped into believing it was all an accident. “It’s the big lies more likely to be believed” – Soundgarden

        So here we all are, focusing as we’re told (by the media) to focus on a recovery that isn’t, when the perpetrators of the precipitants of this mess should be charged, tried, and thrown in jail per the same “Justice” system any of us would face for merely driving too fast.

        Wake up people. Turn off the damn TV before we become an Idiocracy.

      3. Pat says:

        Obviously you’e never lived near a foreclosed home. It’s really, really frustrating when nobody takes care of it, and it just goes to hell.

      4. L Bowser says:

        @Dixon

        This is false. Red-lining is where a business conspires to not offer service against a particular group of people based on some protected class characteristic, i.e. this neighborhood is black, therefore we won’t put a bank there. Ironically, the practice was put in place by the federal government to protect the value of government backed debt. Because the government would not back debt in certain “questionable” neighborhoods, banks would not locate branches there, therefore reducing the number of loans in said neighborhoods.

        In 1968, red-lining based on protected class was outlawed. Those not protected by this are the poor. So if a neighborhood is poor, you are perfectly free to not put a bank there. Under red-lining laws you are also not allowed to discriminate against borrowers based on protected criteria (familial status, race, age, etc…)

        Banks are never forced by law to make a certain % of “bad loans”. If they are required to do so, it is as part of a settlement with community organizers who threatened to sue under red-lining laws. In most cases the banks were justified in their business practices, but in terms of legal costs and damage to image it was better to just allow a certain % of bad loans and be done with it.

      5. L. Bowser says:

        This crisis was one with many causes. To point at a fraction of the population and say they are to blame is blatant disregard for the facts. In order for the great charade to work, everyone had to turn a blind eye to the truth. Here are some of my favorite idiots in the whole deal.

        If you truly thought that when inflation was 3% your home could rise in value sustainably for 15%, you turned a blind eye.

        If you though you could make loans with no money down and have no financial risk because home values were never going to fall, you turned a blind eyet.

        If you thought no-equity non-owner occupied loans were a good idea, you turned a blind eye.

        If you thought it was a good idea to package loans together and sell them as high quality debt due to diversification, you turned a blind eye.

        If you thought wholly unqualified buyers should have the opportunity to buy because at some point people like them were discriminated against, you turned a blind eye.

        If you thought variable rate mortgages were a good idea when living on a COLA adjusted income, you turned a blind eye.

        Lot’s of blind people, All of them claiming that they were the only ones who could see.

      6. Dixon Oliver Busch says:

        @Bowser:
        You make some good points, and I respect your retention of dignified expression. Assume for a moment your facts are 100% correct, I still take issue with the notion that all parties in your list were equally aware of the big picture as it was unfolding and are thusly equally responsible for turning said blind eye.

        My view is that the puppetmasters, to some degree (any is too much) engineered this mess and obfuscated the truth while blaming others. Myself and countless other victims, who are still paying BTW, are not guilty of the same; in fact nothing close.

        This whole process has been one ugly course of education, and to learn in the process that banks are essentially shaken down by those pushing “equality” is distressing, unjust, and conflicts with the ideals the USA was founded upon.

        Perhaps your experiences and views differ, but I see no valid argument surmounting “no free lunch”. I’ve been poor, I know poor people, and I’ve earned my street smarts firsthand and busted my a$$ since age 9 to be a spider that climbed out of the sink. I have little sympathy for many (not all) who do not achieve, let alone aspire, to do the same.

        The whole system of handouts, for those who genuinely qualify, has a noble goal, but has run amok with corrupted and imbalanced means. These are not insignificant truths and to ignore them or diminish their requisite impact is, indeed, turning a blind eye.

        Regards,

        Dixon

      7. Dixon Oliver Busch says:

        @Bowser
        Ack. I missed this specific bit the first time through; Perhaps we agree more than I initially realized:

        “If you thought wholly unqualified buyers should have the opportunity to buy because at some point people like them were discriminated against, you turned a blind eye.”

        Cheers,

        Dixon

    3. Andy VanMiddlesworth says:

      First off the banks did not cause this,the con-artists and community activists demanded the banks loan money to unqualified deadbeats .These people should have never been given loans in the first place and now everyone else has to pay for it.As for the idiots who trashed the bank ,they should be ashamed of their stupidity,but then again its California and they have no shame .

    4. Bill J says:

      You’re right and bring back the Glass-Steagall Act — and end fractional banking. The elites knew all along what they were doing and it worked. They’re going to pick up lots of valuable stuff for pennies on the dollar when the implosion occurs. Blaming the stupid, irresponsible little guy for buying a home with nothing down is just what the banksters want us to do. But they — along with their bought and paid for politicians on both sides of the aisle — bear 99% of the blame for taking down the US economy.

    5. Bill J says:

      To Jason: You’re right and bring back the Glass-Steagall Act — and end fractional banking. The elites knew all along what they were doing and it worked. They’re going to pick up lots of valuable stuff for pennies on the dollar when the implosion occurs. Blaming the stupid, irresponsible little guy for buying a home with nothing down is just what the banksters want us to do. But they — along with their bought and paid for politicians on both sides of the aisle — bear 99% of the blame for taking down the US economy.

  12. big_bank_hater says:

    The Big Banks are sucking the life-blood out of the middle-class, in order to benefit the government and welfare-class. Therefore inundate them with their own garbage product!
    Do not borrow from them. Only maintain miniscule balances.
    We would have a chance if people only supported small banks which accepted an alternate currency.

    1. wendy says:

      Only maintain miniscule balances. I don’t know about anyone else but thats ALL I can maintain these days thanks to all the hope n change this stupid country voted in!

  13. easy says:

    Burn it down. The dilapidated home or the bank, or both? It would solve a lot of problems and give the overpaid firefighters something to do besides getting paid to sleep and workout.

  14. Roland says:

    Look on Google. The streetview shows a shopping cart, some furniture on the curb(in two places). Only one boarded up house. Maybe they needed to go to the correct bank if they wanted to stage some lame protest.
    They really should call the Cops when they see someone dumping the trash on the lot.

    1. Dave Turner says:

      Of course Roland, the cops are just waiting by the phone to take calls on people littering. Do you honestly believe that the cos would respond quickly enough to catch anyone in the act?

  15. Greg says:

    And most protesters are uninformed idiots. It’s about even.

  16. Bob says:

    Fine the ‘protesters’ for illegal dumping and use the money to clean up the property.

    Honestly, do I have to think of everything?

  17. solo_poke says:

    I am surprised mobs are not burning these bank branches to the ground in protest.

    Sooner or later the people will get tired of being abused by banks and other corporations and they will take matters into their own hands, might take a generation of non cowards, unlike the boomers who destroy everything they touch.

    History is the evidence and booners are the worst generation.

    1. TroyG says:

      solo_poke
      You are terribly ignorant!
      How many folks you know can pay cash for a car, a home, an RV, etc.?
      Banks loan money to folks to get those things…just how is that abuse?
      History, if you knew history, you would know that Banks made much of America’s growth possible, you would know that most folks that have a home borrowed money from a Bank to get it.
      You would also know that paying back the money you borrow is demanded by law, and personal integrity.
      I suspect you have none of the latter.
      Ignorance is curable….close your mouth, sit on your hands, and listen.

    2. Bob L says:

      I like what Lindsey Williams has to say about the big bankers and their end game. He knows who these people are because he’s still in touch with a couple of the guys at the very top. Before getting angry at the little people who took out loans they couldn’t pay back — many lost their jobs — check out Lindsey on YouTube. Learn who your masters are, why they’re literally laughing at us “little people” and the wonderful plans they have for us.

  18. KeepUp says:

    Every county in the nation needs to pass a law that the names, addresses and contact numbers of the bank and the property management company shall be promptly posted and maintained at every foreclosed property. The fine is continuing and raises the money to clean up the property if they default.

    1. TroyG says:

      Idiots such as yourself just continue to allow government to enslave us.
      WE DON’T NEED MORE STUPID LAWS!

  19. jakartaman says:

    Thats a plan I could buy into for the white house.

  20. swathdiver says:

    Ahh the results of socialistic public education. Few listened as the Communists who ran the NEA said they were more interested in making little socialist democrats than in teaching the 3 Rs. Now we routinely see these poorly written articles.

    Socialism in ANY form is immoral and EVIL!!!

  21. Linc46 says:

    Whatever happened to the true american dream. People lose thier jobs and now are called deadbeats. They cannot pay thier bills and lose thier homes and instead of helping we chastise and berat with name calling. Shame on US.

  22. mike says:

    Dumping trash in someone’s business is always a good place to start. Don’t write letters. Don’t make phone calls. Don’t call media outlets. Start with a trash dump. Ughh…

  23. hate the player love the game says:

    Banks are notorious for not maintaining their properties. When the bank becomes the owner after foreclosure it should be obligated to maintain the property. Many of the blighted areas inside cities in the Bay Area and Central Valley are bank owned. They don’t water, garden or otherwise maintain the foreclosed properties. Drive through any affected neighborhood and the bank owned properties stick out like a sore thumb. It’s frustrating that the standards enforced on homeowners are not enforced on banks.

  24. Terry Knows Moore says:

    PAY YOUR BILLS……if you cannot pay your mortage then leave, let someone move in who can oay. No more hand outs…interest rates are going up and people need to get in or get out. No more hand outs from the tax payers.

  25. G says:

    California protesters: Act first. Get facts straight later.

    You all crack me up.

  26. Rocky says:

    People like to talk smack about the banks; what about these stupid morons that protest the wrong bank lol. How about doing your homework next time folks!

  27. clickron says:

    Wells Fargo owns the largest chain of pawn shops in the country, Cash America. Bloomberg recently reported they also laundered $367 Billion Dollars for the drug cartels. This continues to be the most unethical financial institution in the world, yet are the first ones to demand a bailout.

  28. clickron says:

    Wells Fargo is already fertilizing the ground for the next President for MORE bailout money, using their recently acquired Wachovia Bank arm as the chief contributor to Mitt Romney’s Super Pacs. At the same time they prey on the weakest of the home owners and actually seek out people in trouble. Just like a loan shark, a pawn shop, destroy the lives of the unknowing.

  29. clickron says:

    There are many people who never should have got loans in the first place, uneducated people in unstable work environments. There needs to be protection for stupid people who don’t have a clue and trust banks and realtors.

  30. Zippetydodah says:

    Protesters were ACORN nutz , now under another name. Media pay attention, take the time to get to the depth of the matter. YOU have been lied to, (again) by lazy “journalists”,

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