Occupy Atlanta has been tracking several foreclosure proceedings across the city. We have decided to intervene on the eviction of a hard working family that we believe has been wrongly foreclosed upon.
Occupy Atlanta will be, with the family’s blessing, Occupying a home in Snellville Georgia in an effort to stop the sheriff from evicting the family.
Georgia has the 4th highest foreclosure rate in the country, this does not sit well with Occupy Atlanta. We view the high foreclosure rate as one of the major symptoms of economic disparity.
We also hope to use this opportunity to build the Occupation in Snellville.
We will have a press conference at the house, 4197 Shoreside Circle Snellville, GA at 3pm. The family’s lawyer will be present.
Occupy Atlanta is a social movement of protest standing in support of the 99% of Americans that is under the overwhelming political and economic influence of the wealthiest 1% of the population. Occupy Atlanta vows to tolerate no longer the greed and corruption of the 1%. The movement comprises people of many, socioeconomic strata, ethnic backgrounds and political persuasions unified in their determination to invigorate participatory democracy and give voice and political power to the majority of the people.
http://www.occupynews.net fully supports you. According to Chase Bank, homeowners have lost 7.3 trillion dollars in home equity (a 54% loss) since 2006.
Our own government and the banks have misled homeowners by not disclosing that any attempt to renegotiate a debt or mortgage first requires a default by the homeowner. This may fall under a Federal Hobbs Act violation.
In the meantime, change one banking law, debt restructuring first requires a default, change that banking law to “debt restructuring DOES NOT first require a default by the debtor”, and the 99% can confront the banks on equal footing and renegotiate their debts fairly.
may I add that the debts that are being re-negotiated without a default being attached are debts that the banks and wall street helped cause because of fraudulent securitization and other investment schemes, including betting on homeowners to fail when it came to making their payments.
May I suggest that you proof read your Press Releases before posting them? It’s “family’s blessing” and “this does not sit well.”
Thanks so much! …all fixed
join the media team @andrwatln we need you!
Which bank is foreclosing on the property?
I only ask because we should get as many people to close their accounts and go to a credit union. I say we occupy the bank with people closing their account. They cannot throw you out because you are a customer who wants to close an account.
amprowler, Kentucky made the news with their bank protest. It was really inspirational. I went ahead and posted a link at the top of the center column on http://www.occupynews.net
Moving your money to a credit union is the best way to take back the money power.
The media doesn’t talk about it, but busting the media monopoly would be an important step in restoring democracy. The mainstream media is owned by 5 corporations, all owned and controlled by the banks.
Check out Kucinich’s NEED Act of 2011. It is a plan to end fractional reserve banking and pay off the national debt with Greenbacks to bring banks reserves to full reserves. The U.S. Treasury would also be required to pay for deficit spending by printing Greenbacks rather than sell treasury bonds. This would cut the most wasteful of government spending, interest payments paid to aristocrats around the world. It would also take the control away of the money supply away from the banks, and place it under the control of the U.S. Treasury and Congress, end our debt-based monetary system, and end the boom/bust cycle.
I also believe we need a citizen jury system where citizens can easily bring charges against the government and corporations would be useful.
I also support the ending of income taxation. I believe in land value taxation and sales taxes made progressive with a citizen dividend. I would support progressive taxation of corporations over a certain market capitalization ($100M) and a progressive taxation of income and capital gains over a certain amount ($1M)..
Are there any public statements by the family out there?