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Oct

27

Cleveland Freeze the Foreclosures rally: Thursday, 10/30, 4pm, Justice Center


I received the following e-mail from Bill Callahan:

The Great Bank Bailout was first proposed by the Secretary of the Treasury and the Federal Reserve Chairman on September 18, less than 40 days ago. Just think of what’s happened since then. $700 billion in “capital infusions” approved for the financial industry. Wachovia acquired by Wells Fargo. WaMu acquired by JP Morgan Chase. National City acquired by PNC, using $5.5 billion in bailout funds. And talk — endless talk — about whether and how to bail out homeowners facing default and foreclosure.

Now think about what hasn’t changed: Since that day in September, despite all the talk, 1,271 new foreclosure cases have been filed in Cuyahoga County Common Pleas Court. And 596 more foreclosed Cuyahoga County properties have been sold at Sheriff’s sale.

This must stop. Now. But it won’t, unless we make it stop.

That’s why you need to be at the Justice Center this Thursday at 4 pm to help the Foreclosure Action Coalition tell our elected county judges: Enough is enough. It’s time to Freeze The Foreclosures!

The flyer for the Freeze The Foreclosures rally, with the list of sponsoring groups and other details, is here.

Please click on it, read it, make copies and share them with your friends and neighbors. And then JOIN US on Thursday [October 30 at 4pm at the Justice Center in downtown Cleveland].

Email me if you have questions (Bill – I didn’t want to publish your phone number)

See you Thursday.

Bill

Here’s the flyer for the Freeze The Foreclosures rally, with the list of sponsoring groups and other details.  Please click on it, read it, make copies and share them with your friends and neighbors. And then JOIN US on Thursday.

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By Jill Miller Zimon at 10:23 pm October 27th, 2008 in Business, Civil Rights, Cleveland+, Courts, Economy, Housing, Law, Ohio, Social Issues 

Comments

2 Responses to “Cleveland Freeze the Foreclosures rally: Thursday, 10/30, 4pm, Justice Center”

  1. 1 Mark McNally on October 28th, 2008 12:13 am

    Jill,

    I feel badly (somewhat) that people who should have never gotten loans due to lack of credit worthiness got them but why on earth should they continue to occupy them with a foreclosure freeze? They were victims of government social engineering and that is a shame.
    But hey they got something for nothing, no money down, it’s time to let the market clear.

    P.S. I was against the socialist bailout of the banks and I still am.

  2. 2 Oengus on October 28th, 2008 4:56 pm

    Idiots they should be protesting the shady sale of NCB, were is our intellectual community? This “merger” is shady and these guys are still getting rich and they are about to hang Cleveland out to dry.

    Where is Kucinich and Fudge? Hiding in the corner drag them out now!

    We do not need politicians that are MIA while the city losses two thousand jobs and ends up with another abandoned office tower! Ass wipes!

    If you were a congressional rep would you signed a bill that did not allow you review of any actions that would directly affect your constituents? Did they use or have congressional staff that researched the banks in their districts? Do they provide you with that information as it relates and unfolds… no they remain silent. Think about that!

    Wake up people,

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